Morco Limited

Morco Ltd from Newark UK: a small, family business active for 36 years, employs just two people, and holds £48,960 in assets. With three directors and two owners, the company operates from a real address and is a regular importer of optical and medical tools (9 months) and a regular exporter of photographic and cinematographic goods (4 months). It’s a wholesale business, primarily supplying caravan holiday home heating and hot water solutions.

The company’s website, Morco Products Ltd, showcases a specialized focus: supplying LPG boilers, water heaters, and spares to the caravan and holiday home industry. They even have a dedicated section for reconditioned appliances and discontinued models. The site emphasizes free expert help, training, and even a decarbonising initiative—a modern touch for a traditional sector. They also offer a newsletter to keep customers updated.

Financially, Morco Ltd’s picture is a bit mixed. While current assets increased slightly to £49,000, net assets decreased by 1.8% to -£71,000. Bank borrowings have surged a whopping 490% to £13,000, a significant jump. Trade debtors have also decreased by 28%, which could indicate better collection practices. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the increase in borrowings and negative equity are points to watch. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. It seems like Morco Ltd is navigating a challenging environment, balancing its specialized market focus with financial pressures.

Registered in England/Wales under the registration number 02347424, with a registered address at NG23 6JE, Newark, Nottinghamshire, College Farmhouse Great North Road, Cromwell.

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