Monarch Acoustics Limited

Monarch Acoustics Limited, based in Nottingham, UK, is a sizable company with a 37-year history, currently employing 98 people and holding assets valued at £4,981,566. It operates as a holding company with an active status, and while it has a registered address, it’s likely a virtual one, as 43 companies share the same location. The business is overseen by three directors and one owner, and boasts a respectable Google rating of 4.0 based on 12 reviews. Monarch Acoustics regularly imports and exports furniture, lighting, and prefabricated buildings—121 months of imports and 96 months of exports recorded.

The company’s website, Monarch Furniture, emphasizes its role as a UK manufacturer specializing in education furniture. It highlights 30 years of experience, warm customer service, and fast lead times. Monarch operates a 96,000 sq ft factory in Nottingham and also works with facilities in the Far East, producing both stock units and bespoke projects for education, healthcare, government, retail, and leisure industries. A key aspect of their business is the LapCabby range – secure storage and charging carts for laptops and tablets, used in over 40 countries.

Financially, Monarch Acoustics Limited presents a mixed picture. While cash reserves increased by 27% to £280,000, net assets declined by 13% to £2.1 million. Bank borrowings surged by 400% to £1.1 million, and losses deepened by 140% to -£320,000. Trade debtors rose by 16%, suggesting a need to manage customer payments. Despite these challenges, creditors decreased by 25%, indicating improved debt management. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the significant loss raises concerns. The financial statements are unaudited, and no auditor is mentioned, which is likely due to the company’s size.

The company’s focus on education and bespoke projects suggests a reliance on specific sectors, and the surge in bank borrowings could be linked to expansion or investment. It's possible that the increased borrowing is to support the LapCabby product line, which appears to be a key differentiator in the market.

Registered in England/Wales under the registration number 02175879, with a registered address at NG5 1AP, Nottingham, Nottinghamshire, Newstead House, Pelham Road.

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