Morvan Trading Limited

Morvan Trading Ltd from Newbury UK: a small company, holding company, and active status, has been operating for 26 years. With six employees and £1,022,049 in assets, it maintains a virtual address and is overseen by four directors and one owner. A 5.0 Google rating based on a single review suggests strong customer satisfaction. The company regularly imports and exports electrical machinery and equipment, with 13 months of import activity and 7 months of export activity recorded.

Morvan Trading International specializes in supplying AC mains power cables, rewireable plugs, sockets, and connectors to the trade. Its website showcases a vast inventory of international plugs and cables, catering to diverse markets worldwide. The company offers both standard IEC kettle leads and specialist bespoke power cords, emphasizing competitive pricing and rapid response to customer inquiries. It even provides custom and bespoke services, a testament to its flexibility. The website also highlights a commitment to market-leading technical knowledge and unimpeachable quality, with products conforming to stringent national and international standards.

Financially, Morvan Trading Ltd shows a mixed picture. Current assets increased by 16% to £1,000,000, while net assets decreased by 4.2% to £660,000. Cash reserves grew by 8.6% to £400,000, but creditors surged by 86% to £370,000, indicating increased reliance on short-term financing. Trade debtors also rose by 8%, suggesting a potential delay in customer payments. The company’s small size (meeting two of three criteria for being small) allows it to remain agile, but the increase in creditors warrants attention. No auditor is mentioned, as the company is exempt due to its size.

Overall, Morvan Trading Ltd appears to be a stable, albeit slightly stretched, business. Its focus on specialized products and strong customer service positions it well in the international market, but managing its growing debt will be key to its long-term success.

Registered in England/Wales under the registration number 03747953, with a registered address at RG14 1QL, Newbury, Berkshire, 2 Old Bath Road.

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