Multiforce Contracts Limited

Multiforce Contracts Ltd, based in Great Yarmouth, UK, is a small holding company with an active status, celebrating 27 years in operation. Employing 20 people and holding assets of £2,428,584, the company operates from a real address and is managed by three directors and one owner. It regularly imports optical and medical tools and devices (for four months, with the latest import in January 2025) and exports iron or steel products (for 28 months, with the last export in May 01, 2022).

The company's website showcases a specialist in fabricating equipment for the food and energy industries. Multiforce Contracts Ltd offers bespoke solutions, total support, and combines 20 years of experience with exceptional customer service. They custom design and manufacture equipment, conduct service repairs, and provide installation services, catering to industries beyond food and energy, including water treatment, geothermal, and chemical sectors. Their products comply with EU health and safety directives and hold CE certification. The website also highlights a global team of mechanical engineers manufacturing standard and bespoke equipment.

Financially, Multiforce Contracts Ltd shows some concerning trends. Cash bank holdings decreased by 24% to £490,000, while current assets grew by a modest 8.7% to £2,400,000. Trade debtors increased by 19% to £1,400,000, suggesting a reliance on customer payments. Creditors, however, rose by 44% to £320,000, and bank borrowings plummeted by 41% to £45,000. Perhaps most notably, retained earnings accumulated losses decreased by 6%, which is a worrying sign. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The company’s focus on niche manufacturing and its global reach could provide a buffer against economic headwinds, but the recent financial performance warrants close monitoring. It's unclear if the company is facing temporary challenges or if it's burning through money, but the trends suggest a need for careful management.

Registered in England/Wales under the registration number 03530561, with a registered address at NR31 0NQ, Great Yarmouth, Norfolk, Unit 2 Shuttleworth Close, Harfreys Industrial Estate.

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