Multipond Limited

Multipond Limited, based in High Wycombe, UK, is a sizable company with an active status, celebrating 33 years in business. Employing 32 individuals and holding assets of £6,604,326, the company operates from a real address and is overseen by four directors, though no owners are officially listed. It maintains a respectable Google rating of 4.0 based on three reviews. The company specializes in importing and exporting machinery, boilers, and mechanical appliances, with a history of 123 months of imports and 45 months of exports.

The company’s website, multipond.com, reveals a focus on industrial weighing technology and solutions. It’s a German-based company with international operations, including subsidiaries in the UK, Benelux, America, and France. Multipond designs, manufactures, and distributes multi-head weighing systems, feeding systems, and distribution systems for various industries, including food, cannabis, and non-food sectors. The website highlights its commitment to precision, reliability, and custom solutions, showcasing its products and services through detailed descriptions, case studies, and news updates. They even have a section dedicated to career opportunities and a blog with relevant industry information.

Financially, Multipond Limited’s recent performance presents a mixed picture. While current assets increased by 12% to £6,600,000, net assets experienced a 7.3% decrease to £2,800,000. Bank borrowings surged by 31% to £820,000, and cash reserves fell 11% to £2,500,000. Director remuneration decreased by 27% to £200,000, and staff costs were down 3.3% to £2,200,000. The increase in bank borrowings, coupled with the decrease in cash reserves, suggests that the company may be investing in growth or facing increased operational expenses. The decrease in director remuneration could indicate cost-cutting measures or a change in management compensation structure. It’s worth noting that the company’s turnover is likely above £36 million, and its balance sheet total is above £18 million, classifying it as a large company. The company’s unaudited financial statements, prepared using CCH Accounts Production software, are reviewed by Azets Audit Services.

Registered in England/Wales under the registration number 02655742, with a registered address at HP11 1NY, High Wycombe, Bucks., Unit 1 High Wycombe Business Park, Genoa Way.

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