Mrt Castings Limited

Mrt Castings Ltd from Andover UK is a large, holding company with an active status, having been founded 29 years ago in 1996. The company employs 76 people and holds £1,987,005 in assets. It operates from a real address on South Way, Walworth Industrial Estate, and is overseen by five directors and one owner. It has a stellar 5.0 Google rating based on one review. The company regularly imports machinery, boilers, and mechanical appliances; parts, with 18 months of import activity, and exports aluminum and aluminum products, with 73 months of export activity.

The company's website highlights its expertise as a "Die Casting Company" and "Pressure, Gravity Sand Casting Specialists." It offers a comprehensive range of services, including design for manufacture, tooling, sand casting, high-pressure die casting, gravity die casting, CNC machining, surface finishing, mechanical assembly, and logistics. Mrt Castings caters to a diverse range of industries, including aerospace, audio, automotive, defence, electronics, lighting, marine, medical, and rail. The website showcases its capabilities in casting light metals and offers detailed information on its processes, materials, and quality standards. It also features a blog, video podcast, and news section, demonstrating its commitment to innovation and customer engagement.

Financially, Mrt Castings Ltd presents a mixed picture. Current assets have fallen by 25% to £2,000,000, while net assets have also decreased by 16% to £4,200,000. Bank borrowings have decreased by 34% to £920,000, and cash reserves have fallen by 4.1% to £420,000. Despite these declines, director remuneration has decreased significantly by 40%, suggesting efforts to manage costs. The company’s large size (meeting two of three criteria for a large company) indicates a substantial operation, but the decrease in equity raises questions about its long-term financial health. The company’s auditor, Azets Audit Services, signed off on the accounts, and Jon Noble is the senior statutory auditor. It’s worth noting that the company’s small number of employees, 63, is a significant drop from the previous year, which could be a result of restructuring or changing market conditions.

Registered in England/Wales under the registration number 03150165, with a registered address at SP10 5JT, Andover, Hampshire, Mrt Castings Ltd South Way, Walworth Industrial Estate.

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