Monitra Ltd

Monitra Ltd, based in Salford, UK, is a small holding company with an active status, having been incorporated eighteen years ago in 2006. The company employs fifty people and holds assets totaling £4,806,808. It has a real registered address and is overseen by nine directors, with one owner reported (though this list may not be exhaustive). Monitra Ltd regularly imports and exports optical and medical tools and devices, with 55 months of import activity and 248 months of export activity recorded.

The company’s primary focus is high-voltage asset protection, as evidenced by its website. Formerly known as High Voltage Partial Discharge Limited and Ipec High Voltage Ltd, Monitra Ltd has developed technology to monitor and test high-voltage networks, aiming to prevent costly outages. It offers a range of equipment for condition assessment of power cables, switchgear, transformers, generators, and motors, and has introduced "Atlas by Monitra," a cloud-based data management platform for asset monitoring and maintenance. The company serves a broad range of industries, including oil and gas, mining, wind energy, and utilities.

Financially, Monitra Ltd’s recent performance shows some concerning trends. While current assets increased slightly to £4,800,000, net assets decreased by 1.5% to £3,600,000. Bank cash reserves dropped by 38% to £470,000, and trade debtors rose by 16% to £3,500,000. Creditors also increased by 37% to £1,400,000. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the decrease in net assets suggests potential financial pressures. The lack of a named auditor—likely due to its small company status—means the figures are unaudited. The increase in bank borrowings by nearly 100% to £1,000,000 is also something to keep an eye on. It's clear that Monitra is facing some challenges, but it's also leveraging its expertise in high-voltage technology to serve a global market.

Registered in England/Wales under the registration number 05948347, with a registered address at M50 2UW, Salford, Greater Manchester, 128 Metroplex Business Park Broadway, Media City.

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