Multiplant Limited

Multiplant Ltd from Thame UK: a small, active company founded 21 years ago, employs 10 people, and holds £507,465 in assets. It's a family business with a virtual address, managed by three directors and two owners, and boasts a respectable 4.0 Google rating from seven reviews. The company regularly imports machinery, boilers, and mechanical appliances, with parts imported for seven months, the last operation made in September 2023. It operates in the repair and maintenance of other transport equipment.

The company’s website, Multiplant Ltd, showcases a Wacker Neuson sales and servicing business. It offers a wide range of new machinery, including compactors, dumpers, excavators, and telehandlers, alongside used machinery and parts. The site also highlights services like engine replacement and approved used machinery sales. It’s clear that Multiplant Ltd caters to the construction and plant equipment market, with a focus on both sales and maintenance. The website’s layout is clean and professional, with a subscription box for exclusive offers and a contact form for inquiries.

Financially, Multiplant Ltd presents a mixed picture. Current assets increased by 41% to £510,000, while net assets declined by 23% to £81,000. Bank borrowings decreased by 45% to £22,000, and cash reserves rose dramatically by 840% to £160,000—a significant boost. However, creditors increased by 52% to £470,000, and trade debtors rose by 37% to £250,000. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Multiplant Ltd appears to be navigating a period of change. While the company’s asset base and cash position have improved, the increase in creditors suggests a need for careful financial management. The company’s focus on Wacker Neuson equipment and its commitment to customer service position it well in the competitive plant equipment market, but its long-term success will depend on maintaining a healthy balance sheet and adapting to changing market conditions.

Registered in England/Wales under the registration number 04909933, with a registered address at OX28 4YH, United Kingdom, Witney, Oxfordshire, Unit 4/5 Cranbrook Court, Avenue 2, Station Lane.

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