Miter Industrial Supplies Ltd

Miter Industrial Supplies Ltd, based in Newport, UK, is a small, active company founded 23 years ago. With five employees and £1,029,812 in assets, it operates from a real address and is managed by four directors and two owners. The company has a 5.0 Google rating based on one review and runs an e-commerce site, regularly importing electrical machinery and equipment—the last import was made in November 2024.

The company specializes in industrial supply, offering a wide range of products from abrasives and fixings to welding equipment and storage containers. Its website highlights a focus on sourcing, supply, and service, catering to engineering and industrial customers. It even offers corporate logo embroidery and on-site stock management. The website also features testimonials from satisfied customers, praising the company's reliability and competitive pricing.

Financially, Miter Industrial Supplies Ltd shows a mixed picture. Cash bank holdings decreased by 30%, falling to £160,000, while current assets increased slightly to £1,000,000. Trade debtors rose significantly, up 17% to £810,000, and creditors increased by 100% to £92,000. Equity, however, grew by 19% to £730,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in debt could indicate expansion or investment, but it’s worth keeping an eye on. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. Overall, Miter Industrial Supplies Ltd seems to be a stable, albeit slightly stretched, operation—but it’s got a good reputation and a loyal customer base.

Registered in England/Wales under the registration number 04266392, with a registered address at NP20 2NN, United Kingdom, Newport, South Wales, Unit 11 Greenwich Road, Maesglas Industrial Estate.

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