Mollertech Limited

Mollertech Limited, based in Ynysddu, Newport, UK, is a sizable company operating as a holding company with an active status. Established 26 years ago in December 1998, the company employs 204 people and holds assets valued at £7,793,369. It boasts a real address and is managed by two directors and two owners. A stellar 5.0 Google rating from five reviews reflects positive customer experiences. The company regularly imports and exports plastics and plastic products, with 139 months of import activity and 8 months of export activity recorded.

The company's website reveals it’s part of the larger Mller Group, a German-based enterprise specializing in plastic, rubber, and metal products. Mllertech’s website highlights its focus on the automotive industry, offering injection-moulded parts and related services. It also operates divisions specializing in protective systems, flexible components, and high-performance damping products. The website emphasizes innovation, customer focus, and a commitment to sustainable practices.

Financially, Mollertech Limited presents a mixed picture. While revenue increased by a healthy 30%, reaching £23 million, net assets took a significant hit, falling 29% to £3.7 million. Cash reserves plummeted 96% to a meager £6,200, a concerning trend. Bank borrowings surged 2,400%, reaching £2.5 million, suggesting the company is relying more on debt financing. Trade debtors increased by 890%, indicating potential difficulties in collecting payments. Creditors, however, decreased by 18%, which is a positive sign of improved debt management. The company meets two of three criteria for being a large company: turnover more than £36 million, balance sheet more than £18 million, employees more than 250. The lack of an auditor is likely due to the company’s size.

Overall, Mollertech Limited appears to be navigating a period of change. While revenue growth is encouraging, the decline in cash reserves and increased debt raise questions about its financial stability. The company's position within the larger Mller Group, however, could provide a buffer against these challenges, and its focus on key industries suggests a path toward continued success.

Registered in England/Wales under the registration number 03680702, with a registered address at NP11 7HZ, Ynysddu, Newport, Gwent, Greenmeadow Road Nine Mile, Point Ind, Cwmfelinfach,.

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