Molteni Group Uk Limited

Molteni Group Uk Ltd, based in London, is a sizable holding company with an active status, celebrating 55 years since its founding in 1969. Employing 34 people and generating £34.6 million in yearly revenue, it’s a significant player in the UK market. The company, overseen by four directors and one owner, boasts a respectable 4.0 Google rating from 7 reviews. It regularly imports and exports furniture, lighting, and prefabricated buildings – 349 months of import activity and 21 months of export activity recorded.

The company's operations center around the distribution and installation of office furniture, partitioning systems, kitchens, and other home furnishings. It’s a business that seems to be well-established, with a real registered address and a history stretching back decades. While the website is not available, it’s likely they operate a B2B model, supplying businesses with furniture solutions.

Financially, Molteni Group Uk Ltd presents a mixed picture. While turnover increased by a healthy 12%, net assets decreased by 30% to £13.8 million. Bank borrowings have increased dramatically, rising by 400% to £330,000, while cash reserves have fallen by 30% to £100,000. Creditors have also increased by 35%, suggesting a need for improved cash flow management. The company meets two of three criteria to be considered a large company, with turnover over £36 million, balance sheet total over £18 million, and an average number of employees over 250.

The sharp decrease in equity is a point of concern, and the increased reliance on bank borrowings could indicate tighter financial conditions. The lack of an auditor mentioned suggests the company is exempt from mandatory audits, relying on unaudited financial statements. Overall, Molteni Group Uk Ltd appears to be navigating a period of change, with growth in revenue offset by challenges in maintaining financial stability.

Registered in England/Wales under the registration number 00963271, with a registered address at W1T 4BL, England, London, 12 Fitzroy Street.

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