Motorseal Gaskets Limited

Motorseal Gaskets Ltd, based in West Yorkshire, UK, is a small, active company established 41 years ago. With 13 employees and £188,383 in assets, it’s a well-established business operating from a real address. The company, owned by Phillips Ann Elizabeth and Phillips Stephen John, has five directors and a 5.0 Google rating based on one review—a testament to its customer service. It’s a regular importer of machinery, boilers, and mechanical appliances, with 28 months of import activity recorded.

The company’s website is currently unavailable, making it difficult to determine the full extent of its operations beyond the import business. However, its classification within the "other manufacturing n.e.c." industries suggests a diverse range of manufacturing activities.

Financially, Motorseal Gaskets Ltd shows a mixed picture. While cash reserves increased by a healthy 47% to £3,500, current assets decreased by 2.1% to £190,000. Bank borrowings remained steady at £7,800, but the bank overdraft decreased significantly by 33% to £44,000—a positive sign of improved cash flow management. Creditors increased by 35% to £48,000, and trade debtors decreased by 6.8% to £97,000. The company’s small size—meeting two of three conditions for a small company—helps it remain nimble. The unaudited accounts, exempt from an audit, rely on director-reported data.

The company’s net assets remained stable at £260,000, and retained earnings increased by 20% to £22,000. The decrease in average employees during the period by 7.7% to 12 could indicate a period of restructuring or efficiency improvements. Overall, Motorseal Gaskets Ltd appears to be a stable, long-standing business, although the increase in creditors warrants monitoring.

Registered in England/Wales under the registration number 01732930, with a registered address at WF16 0AQ, West Yorkshire, 48 High Street, Heckmondwike.

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