Murlac Ltd

Murlac Ltd, based in Tamworth, UK, is a small, active company founded fifteen years ago in 2010. With 21 employees and £1,024,505 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company is an irregular importer, primarily dealing in ships, boats, and floating structures, with just one month of import activity recorded as of August 2022.

Murlac’s website showcases a diverse range of services and products related to working in and around water. They provide temporary dams, pontoons, silt management systems, and even offer environmental contracting services, including dredging and silt removal. Their website emphasizes providing safe, cost-effective, and environmentally sustainable solutions for both private and public sector clients, with specialist in-water operatives covering the entire UK. They also provide pontoon systems for events and production purposes.

Financially, Murlac Ltd presents a mixed picture. While total assets remained relatively stable, net assets decreased by 19%, falling to £520,000. Cash reserves also dropped 13% to £130,000. Bank borrowings, however, saw a significant decrease of 32%, falling to £22,000. Trade debtors decreased by 20%, which could indicate better cash flow management. Creditors increased by 26%, which could be due to increased supplier payments. 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 flexibility, but the decline in equity warrants closer attention. No auditor is mentioned, which is typical for small, exempt companies.

Overall, Murlac Ltd appears to be navigating a period of change, with a focus on providing specialized services in the marine and environmental sectors. Whether they can sustain growth while managing financial pressures remains to be seen.

Registered in England/Wales under the registration number 07151708, with a registered address at B79 7TA, England, Tamworth, Staffordshire, Unit 15 Anders Lichfield Road Industrial Estate.

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