Minnovation Limited

Minnovation Ltd, based in Barnsley, UK, is a small, active company with a long history, having been founded 49 years ago in 1975. Employing nine people, the company holds assets totaling £1,159,086 and operates from a real address shared with only one other business. It’s a solo-founded operation overseen by two directors and a single owner. The company regularly exports machinery, boilers, and mechanical appliances – a consistent 33 months of export activity were recorded, with the latest in February 2025 – but imports these same items sporadically, with just one month of import activity recorded in July 2021.

The company’s website reveals a more expansive operation than initially apparent. While its name suggests a focus on minerals, the website details a large-scale mining, processing, and supply business operating in India. Minnovation Group India, founded in 2011, boasts a total production capacity of 10,000 tonnes per month and supplies a variety of minerals including quartz, sodium feldspar, potassium feldspar, silica sand, and clay to various industries. The website highlights the company's ISO 9001:2015 certification and its commitment to innovation and customized solutions.

Financially, Minnovation Ltd shows some concerning trends. Current assets have decreased by 3.4% to £1,100,000, while net assets have fallen by 5.2% to £1,300,000. Bank borrowings have increased, and cash reserves have dropped by 13% to £110,000. Creditors have risen significantly, by 48%, suggesting potential cash flow pressures. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity warrants attention. With no auditor mentioned, the figures are unaudited.

Despite these financial challenges, the Indian operations appear robust, with a focus on large-scale production and international supply. Whether the UK entity serves as a sales office, distribution hub, or something else remains unclear, but its financial performance suggests it may be struggling to keep pace with the larger Indian business.

Registered in England/Wales under the registration number 01226873, with a registered address at S70 2BB, Chartered Accountants Barnsley, South Yorkshire, 12 Victoria Road, C/O Gibson Booth.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.