Mocap Limited

Mocap Limited, a family business from Shropshire, UK, is a large company with an active status, celebrating 29 years since its establishment in 1995. With 71 employees and £3,625,253 in assets, the company generates a yearly revenue of £8,173,454. It operates from a real address in Telford and is managed by four directors and three owners. Mocap specializes in the import and export of plastics and plastic products, with a long history of 258 months of imports and 415 months of exports.

The company's website highlights its role as a manufacturer of quality plastic and rubber caps and plugs, catering to product protection, masking, and finishing needs. Mocap offers a wide range of products, including caps, plugs, grips, and vinyl plastic rubber items, available through its online store. It has recently expanded its distribution network with a new warehouse in Poland, aiming to improve service for its valued customers.

Financially, Mocap Limited shows some concerning trends. While turnover increased by 4.8% to £8.2 million, net assets decreased by 13% to £3.6 million. Cash reserves plummeted by 41% to £330,000, and bank borrowings remained relatively stable. A significant increase in trade debtors (17%) suggests potential issues with customer payments, while creditors decreased by 10%. The company’s small size (meeting two of three criteria for a large company) allows for agility, but the decline in equity raises questions about its financial health. The absence of an auditor, likely due to its size, means the figures are unaudited.

Despite these challenges, Mocap’s focus on quality products and its recent expansion into Poland suggest a commitment to growth. However, the company will need to address its declining cash reserves and manage its receivables effectively to ensure its long-term sustainability.

Registered in England/Wales under the registration number 03088682, with a registered address at TF1 7YW, Shropshire, Hortonwood 35, Telford.

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