Motis Ireland Limited

Motis Ireland Ltd, based in Co Down, UK, is a sizable company operating as a holding entity with an active status. Established 22 years ago, in August 2002, it employs 59 people and holds assets valued at £20,194,994. The company generates a substantial revenue of £58,899,086 annually. It has five directors and one owner, and boasts a perfect 5.0 Google rating based on six reviews. Motis Ireland is an irregular importer, primarily dealing in various textile products, sets, used clothing, and rags, with the last import operation occurring just one month ago.

The company's website indicates it operates within the service activities incidental to water transportation industries. While there's no e-commerce presence, the site provides a professional overview of the company's role.

Financially, Motis Ireland Ltd presents a mixed picture. While turnover increased by 8%, current assets dropped by 3.8% to £20 million. Bank borrowings decreased significantly by 62%, and cash reserves fell by 78% to £750,000. Creditors decreased by 5.3%, suggesting improved debt management. The company is classified as large, meeting two of three conditions: turnover exceeding £36 million and balance sheet total exceeding £18 million. The lack of auditor details suggests it is exempt from full auditing, relying on unaudited statements.

The substantial decrease in cash reserves, despite increased turnover, could indicate increased investment in operations or potentially, a need for careful financial management. The company’s position as a holding company suggests it may be supporting other ventures, which could explain the fluctuating financial trends.

Registered in Northern Ireland under the registration number NI043780, with a registered address at BT34 1DZ, Co Down, 9 Downshire Place, Newry.

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