Multitel U.k. Limited

Multitel UK Ltd, based in London, is a small, active company founded six years ago. Employing seven people, it holds £2,754,015 in assets and operates from a virtual address – a detail worth noting as 798 companies are registered at the same location. The company is managed by two directors and has one owner, Panivello Annamaria. It boasts a stellar 5.0 Google rating based on three reviews. Multitel UK Ltd is a regular importer, specializing in vehicles, parts, and accessories (excluding trains and trams), with 22 months of import activity recorded, the latest in February 2025.

The company's website, Multitel Pagliero SPA, reveals a much broader scope. It’s not just a reseller; it’s a manufacturer of aerial platforms, including truck-mounted, articulated, and telescopic models, with a focus on hybrid and electric solutions. The site highlights a commitment to innovation, with technologies like MUSA and advanced telemetry systems. It also offers training, assistance, and a wide range of spare parts. The website is available in multiple languages, including English, French, and German, and promotes a “Made in Multitel” philosophy emphasizing quality and customer attention.

Financially, Multitel UK Ltd presents a mixed picture. While cash bank on hand increased significantly by 130%, reaching £1,700,000, trade debtors decreased by 46%, falling to £430,000. Bank borrowings surged by 150%, reaching £1,300,000. Creditors also increased by 100%, reaching £1,800,000. A notable trend is the increase in long-term contract work in progress, rising by a substantial 320%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in liabilities suggests it's potentially burning through cash faster than it’s generating revenue. The accounts are unaudited, and no auditor is mentioned, which is common for small companies. The significant increase in long term contract work in progress could be a positive sign, indicating new projects, but it also carries risk if these projects don’t materialize as expected.

Registered in England/Wales under the registration number 11623016, with a registered address at W1G 0PW, United Kingdom, London, 14th Floor 33 Cavendish Square.

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