Morillon Uk Limited

Morillon UK Limited is a small, active company based in Chelmsford, UK, with a history spanning 37 years. Founded in 1987, it employs just two people and holds £87,476 in assets. The company, with two directors and one owner, operates from a real address and is a regular importer of machinery, boilers, and mechanical appliances, with 12 months of import activity recorded.

The company's website highlights its role as part of the larger Morillon Group, serving both traditional agricultural and industrial markets. It specializes in silo discharge equipment, offering a range of products like hydrascrews, hydracones, and sweep augers. Morillon UK Limited caters to a wide variety of bulk products, from ash and biomass to plastics and wood waste, serving customers across Europe and beyond. The website also showcases a commitment to innovation, with recent sales of new ranges offering customers more silo unloading options.

Financially, Morillon UK Limited presents a mixed picture. While cash bank on hand increased significantly by 120% to £50,000, current assets also rose by 14% to £87,000. However, equity took a substantial hit, decreasing by 51% to £24,000, and net current assets and liabilities fell by 51% to £24,000. Trade debtors decreased by 30% to £37,000, which could indicate improved collections, but other creditors increased by 130% to £64,000, suggesting a reliance on credit. The company's small size—meeting two of three criteria for being a small company—allows for agility, but the decline in equity warrants closer attention. No auditor is mentioned, likely due to the company’s exemption as a small company.

Overall, Morillon UK Limited appears to be navigating a period of change. While its core business remains solid, the financial data suggests it’s burning through money a little too quickly, and management should be aware of the rising creditors.

Registered in England/Wales under the registration number 02201775, with a registered address at CM1 1GU, England, Chelmsford, Swift House, Ground Floor, 18 Hoffmanns Way.

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