Multibeton Ltd.

Multibeton Ltd, based in Wickford Business Park, UK, is a small, active company established 48 years ago in 1976. It employs four people and holds £311,200 in assets. With two directors and one owner, the company operates from a real address and regularly imports machinery, boilers, and mechanical appliances—parts, with 14 months of import activity recorded, the latest in October 2024.

The company’s website showcases a diverse portfolio of solutions, ranging from panel heating and cooling systems to smart home control, photovoltaics, and storage technology. Multibeton emphasizes energy-efficient heat distribution and sustainable energy generation through solar power, highlighting its expertise in underfloor heating and solar systems. It's clear they're targeting both commercial and residential customers, with a focus on quality and German engineering—they even have a showroom in Harrods, London. They sell to heating contractors, offering factory training and authorization to install their systems, ensuring quality installations.

Financially, Multibeton Ltd presents a mixed picture. Cash reserves saw a significant boost, increasing by 2900% to £62,000—a very positive sign. However, bank borrowings also surged by 100% to £10,000. Creditors decreased by 25%, suggesting improved debt management. Net assets grew by 33% to £210,000, a solid increase. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in bank borrowings warrants attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Multibeton Ltd appears to be financially stable, but the increase in borrowing should be monitored. Their focus on quality products and training for installers positions them well in the market, and the surge in cash reserves is a welcome sign.

Registered in England/Wales under the registration number 01277404, with a registered address at SS11 8YB, Wickford Business Park, Wickford Essex, 15 Oban Court, Hurricane Way.

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