Motan Colortronic Limited

Motan Colortronic Ltd from Chesterfield UK: a small holding company with an active status, was founded 15 years ago. It employs 29 people and holds £8,849,039 in assets, operating from a real address with two directors and one owner. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 624 months of import activity and 354 months of export activity recorded.

The company operates in the installation of industrial machinery and equipment industries. 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, and fewer than 50 employees. The company is a regular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 624 months of imports. The company is also a regular exporter, with its top export categories including Machinery, boilers, and mechanical appliances; parts, totaling 354 of months exports.

A review of the company’s financial data reveals a mixed picture. While cash reserves increased by 4.8% to £6,000,000, current assets declined by 4.2% to £8,800,000. Trade debtors decreased by 15%, which could indicate improved collections, but net losses increased. Bank borrowings remained stable, and creditors decreased significantly, suggesting better debt management. The company’s small size helps it stay agile, but the decline in equity raises questions. No auditor is mentioned, which is common for small companies.

The company's financial instruments are classified as basic, and it uses the historical cost convention for its accounts. The company has elected not to include a copy of the profit and loss account within the financial statements. It's clear that the company is working hard, but the recent financial trends suggest it may be facing some challenges.

Registered in England/Wales under the registration number 07059256, with a registered address at S41 9QB, Chesterfield, Derbyshire, Matilda House, Carrwood Road.

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