Mituson Ltd.

Mituson Ltd from West Midlands UK: a small, active company founded 24 years ago, employs four people, and holds £624,505 in assets. It’s a solo-founded operation with one director and owner, boasting a perfect 5.0 Google rating from a single review. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with just one month of import activity recorded in 2016.

The company’s website, while not providing detailed e-commerce functionality, indicates a focus on plastic injection molding services. It’s a private limited company registered in the UK, operating from an address that is likely real as only one company is registered there. The business also appears to be involved in retail sale via mail order houses or via internet, and the manufacture of other plastic products.

Financially, Mituson Ltd shows some interesting trends. Cash bank on hand decreased by 6%, dropping to £70,000, while current assets increased significantly by 89%, reaching £620,000. Debtor levels have surged by 180%, now standing at £440,000, which could indicate increased sales or potentially delayed payments. Creditors have also risen substantially, up 26% to £110,000. The company's net assets increased by 92%, reaching £190,000. The company meets two of three criteria to be considered a small company, namely turnover less than £10.2 million and balance sheet total less than £5.1 million. The company’s average number of employees has increased by 50%, now at six. The financial report, unaudited and prepared by VAGHELA & CO. (SERVICES) LTD., suggests a period of growth but also increased financial obligations.

Registered in England/Wales under the registration number 04182764, with a registered address at B69 2HG, West Midlands, 24 Brades Rise, Oldbury.

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