Multimech Solutions Ltd

Multimech Solutions Ltd, based in Buxton, UK, is a small, active company founded fifteen years ago. With twelve employees and £169,761 in assets, it’s a well-established player in its niche. The company boasts a perfect 5.0 Google rating from three reviews and operates from a real address on Dew Pond Lane. Two directors and two owners manage the business, though the owner list hasn's changed much in recent years. It’s an irregular importer, with its top import category being Iron or Steel Products, totaling 1 months of imports. The last import operation was conducted on April 01, 2023.

The company’s website highlights its focus on industrial automation and machine design, providing customer-focused solutions for a range of industries, including automotive, food processing, and manufacturing. It offers a full spectrum of services, from design and manufacturing to assembly, automation, and installation. Multimech Solutions leverages its experience across multiple industries to deliver bespoke solutions, emphasizing its expertise and recognition within the sector. It even works with a network of proven suppliers to offer turnkey projects.

Financially, Multimech Solutions Ltd presents a mixed picture. While current assets remained relatively stable at £170,000, equity took a significant hit, dropping 91% to just £220. Bank borrowings decreased dramatically, falling 100% to a mere £130, and cash reserves declined by 19% to £21,000. Trade debtors, however, increased by a substantial 49%, suggesting potential delays in customer payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp decline in equity warrants closer attention. The average number of employees has also decreased by 17% to ten. With no auditor mentioned, the financial statements are unaudited. The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

Registered in England/Wales under the registration number 07196667, with a registered address at SK17 7LF, Buxton, Derbyshire, Unit 10 Dew Pond Lane, Tongue Lane Industrial Estate.

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