Morter Ltd

Morter Ltd from Woking UK: small company, active status, founded 7 years ago, 8 employees, £1,415,495 assets, real address, 1 director, 2 owners, family business. Regular importer of furniture, lighting, and prefabricated buildings (3 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £1,415,495.

The company operates in the development of building projects industries, and is a regular importer, with its top import category being Furniture, Lighting, and Prefabricated Buildings, totaling 3 months of imports. The last import operation was conducted on November 01, 2024.

Morter Electrical, as the company’s website reveals, is a family-run business based in Bexhill, specialising in solar panel installation and electrical services. They cater to residential customers in East Sussex, offering services from initial consultation to post-installation maintenance. The company is registered as NICEIC and MCS certified installers, ensuring professional workmanship and compliance with industry standards. They even boast a partnership with RECC, ensuring high consumer protection standards. Their website highlights a range of services, including solar panel installation, battery storage solutions, and electrical repairs, with competitive prices and a focus on customer satisfaction.

Financially, Morter Ltd’s report shows some interesting trends. Cash reserves jumped a whopping 5,200% to £600,000, a positive sign, but other areas are more concerning. Debtors decreased by 5.9% to £410,000, while creditors also dropped, by 75% to £59,000. However, the company’s net assets increased by 180% to £740,000, and bank borrowings decreased by 46% to £12,000. Other creditors, however, increased dramatically, by 5,200% to £200,000. The company’s small size helps it stay agile, but the increase in other creditors suggests a need for careful financial management. With no auditor mentioned, the figures are unaudited. It seems Morter Ltd is doing well, but needs to keep an eye on its debts.

Registered in England/Wales under the registration number 11175920, with a registered address at GU24 8PD, United Kingdom, Woking, 25 Chertsey Road, Chobham.

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