Multicrete Products Limited

Multicrete Products Ltd, based in Rossendale, UK, is a small, family-run business with an active status. Founded 19 years ago, the company employs seven people and holds £861,847 in assets. It has a real address, four directors, and three owners. The company regularly imports basic metal tools and utensils (3 months imported) and exports miscellaneous chemical products (13 months exported).

The company’s website reveals it’s a leading manufacturer and supplier of specialist materials and tools to the Pattern Imprinted Concrete industry. They offer a wide range of products including surface colour hardeners, imprinted concrete sealants, concrete cleaning products, and building chemicals. The site emphasizes competitive shipping rates, free expert advice, and a comprehensive range of products available at their trade counter. They also offer training courses and design consultancy, and boast 28 years of experience serving contractors and DIY enthusiasts.

Financially, Multicrete Products Ltd shows some interesting trends. Cash bank on hand increased by 13% to £560,000, which is good. However, creditors rose significantly by 49% to £390,000, which could indicate increased reliance on short-term financing. Trade debtors also increased, though not as dramatically, by 3.3%. Despite these changes, net assets grew by 2.5% to £580,000. The company meets two of the three criteria to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt as a small company.

Overall, Multicrete Products Ltd seems to be holding its own, though the rise in creditors warrants attention. The company’s long-standing presence and specialized product range suggest a resilient business model, even with the challenges of a competitive market.

Registered in England/Wales under the registration number 05744045, with a registered address at BB4 5JT, England, Rossendale, Lancashire, Units 1-2 Commerce Street, Carrs Industrial Estate.

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