Minsterport Limited

Minsterport Ltd from Barnetby UK is a small holding company with an active status, established 39 years ago in 1986. The company employs just two people and holds assets totaling £688,932. It operates from a real address and is overseen by seven directors, with one owner reported. A regular importer, Minsterport Ltd specializes in bringing in optical and medical tools and devices, with 23 months of import activity recorded, the most recent in December 2024.

The company’s core business appears to be manufacturing electronic measuring equipment and acting as an agent for machinery, industrial equipment, ships, and aircraft industries. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The website, which is a part of Singleton Birch, a larger entity, highlights a diverse range of products and services, including lime solutions for various industries, from agriculture to construction. It also features a dedicated section for "Minsterport Equipment," suggesting a potential equipment rental or sales arm.

Financially, Minsterport Ltd presents a mixed picture. While current assets increased by 21% to £690,000, net assets also rose by 35% to £490,000. However, cash reserves saw a significant jump, increasing by 1700% to £220,000. Trade debtors decreased by 28%, which could indicate improved collection practices. Bank borrowings, however, surged by 2400%, reaching £29,000, and cash reserves fell 30% to £28,000. Prepayments decreased by 88%. The company’s small size helps it remain agile, but the increase in bank borrowings and decrease in cash reserves are worth noting. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The company’s financial health seems stable, but the increase in bank borrowing is something to keep an eye on. The larger Singleton Birch entity provides a broader context, suggesting Minsterport Ltd might be a specialized division within a larger, diversified business.

Registered in England/Wales under the registration number 02018744, with a registered address at DN38 6AE, England, Barnetby, North Lincolnshire, Melton Ross Quarries, Melton Ross Quarries.

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