Mitanium Ltd

Mitanium Ltd, based in Ashford, UK, is a small, active company founded four years ago. With thirteen employees and £596,858 in assets, it operates from a real address and is overseen by two directors and three owners, boasting a stellar 5.0 Google rating from two reviews. The company regularly imports electrical machinery and equipment, with recent activity recorded just three months ago.

The company’s website showcases a diverse range of services and products, primarily focused on the rental and hire of equipment. It’s not a traditional e-commerce site; instead, it acts as a portal for clients to explore options for hiring everything from bespoke toilet trailers and modular washrooms to heating, ventilation, and air conditioning units. The company also manufactures custom trailer solutions, including shepherds huts and stillages, and offers fabrication services and camper conversions. They cater to a variety of sectors, including temporary events, TV and film festivals, and corporate events, highlighting their adaptability. Their in-house fabrication team builds high-quality, bespoke toilet trailers, and they even offer modular indoor washrooms with fresh water flush systems.

Financially, Mitanium Ltd’s report reveals a mixed picture. While current assets increased by a solid 31% to £600,000, net assets saw a dramatic surge, increasing by 540% to £490,000. However, bank borrowings completely vanished, dropping 100% to zero, and cash reserves jumped an impressive 880% to £17,000. Trade debtors decreased by 21%, suggesting improved collections, but creditors also fell significantly, dropping 52%, which is a positive sign. The company’s small size—meeting two of three criteria for being classified as small—allows for agility, but the substantial increase in equity is noteworthy. With no auditor mentioned, the financial statements are unaudited.

Overall, Mitanium Ltd appears to be in a relatively healthy position, showing strong growth in assets and cash reserves. However, the significant changes in debt and equity warrant further observation to understand the underlying drivers.

Registered in England/Wales under the registration number 12976253, with a registered address at TN27 8QT, England, Ashford, Kent, Unit 13, New Luckhurst Farm Bethersden Road, Smarden.

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