Multi-wing Uk Limited

Multi-Wing Uk Ltd from Leicester, UK, is a large, holding company with an active status, having been founded 44 years ago in 1980. The company employs twelve people and holds assets worth £686,890. With three directors and two owners, and a Google rating of 4.0 based on six reviews, it’s a well-established player. Multi-Wing Uk Ltd is an irregular importer of machinery, boilers, and mechanical appliances; parts, with just one month of imports recorded, and a regular exporter of the same, with three months of exports.

The company operates within the other manufacturing and non-specialised wholesale trade industries, and its website showcases a focus on axial fans for various applications, including HVACR and powertrain cooling. They offer both preconfigured and custom-designed fans, with a modular and one-piece molded impeller selection. Multi-Wing also provides software for fan selection and boasts a global presence, exhibiting at industry events worldwide. The website suggests a strong emphasis on engineering expertise and customer collaboration.

Financially, Multi-Wing Uk Ltd shows some concerning trends. Current assets have decreased by 16%, falling to £690,000, while net assets have plummeted 30%, landing at £360,000. Bank borrowings have increased significantly, and cash reserves have fallen 65%, dropping to £55,000. Trade debtors have also decreased, suggesting better management of payments. However, administrative expenses have risen by a substantial 21%, reaching £640,000. The company’s size (meeting two of three criteria for a large company) suggests it’s operating at a scale that requires careful financial management. The lack of an auditor mentioned in the report indicates that the financial statements are unaudited.

Despite these challenges, Multi-Wing Uk Ltd remains a significant player in its niche, with a long history and a commitment to innovation. The company’s focus on custom solutions and global reach positions it well for future growth, but it will need to address its financial pressures to ensure long-term sustainability.

Registered in England/Wales under the registration number 01494769, with a registered address at LE4 8EY, England, Leicester, 15 Dukes Close, Thurmaston.

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