Montway Limited

Montway Ltd from Rickmansworth UK: a small, active company founded 29 years ago, employs 11 people, and holds £3,428,173 in assets. Operating from a virtual address, the company is led by six directors, though no owners are officially listed. It's an irregular importer, primarily dealing in jewelry, precious stones, and metals, with just one month of import activity recorded as of August 2022.

The company’s website describes Montway as experts in new build and refurbishment projects, specializing in both commercial and residential construction across London and surrounding areas. They’ve undertaken a range of projects, from mixed-use developments in Leicester Square to residential projects in Belgravia, and even religious buildings in Highgate. Client testimonials highlight the company's reliability and high-quality workmanship, with one client stating they've been conducting business with Montway for 15 years. The company's website also lists a phone number and email address for contact.

Financially, Montway Ltd shows a mixed picture. Current assets have decreased by 32% to £3,400,000, while net assets have fallen by 14% to £3,000,000. Bank borrowings have decreased by 30% to £14,000, and cash reserves have plummeted 59% to £1,100,000. Creditors have also decreased by 60% to £740,000, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the significant drop in equity raises questions. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. The company’s turnover is not mentioned in the report.

Despite the challenges, Montway’s focus on construction projects and positive client feedback suggests a resilient business. However, the company should be aware of the need to maintain strong financial controls and manage its cash flow effectively.

Registered in England/Wales under the registration number 03164231, with a registered address at WD3 1RT, United Kingdom, Rickmansworth, C/O Mercer & Hole Trinity Court, Church Street.

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