Muvantex Uk Ltd

Muvantex Uk Ltd, based in South Cave, UK, is a small, active company founded seven years ago. With a single employee and £1,159,649 in assets, it operates from a virtual address, managed by two directors and one owner. Boasting a Google rating of 4.0 from 14 reviews, Muvantex specializes in importing special woven and decorative fabrics (for 123 months) and exporting knitted or crocheted fabrics (for 31 months).

The company's website, Muvantex Creative, positions itself as a manufacturer and distributor of upholstery and decoration fabrics. It caters to both commercial and domestic clients, offering a wide range of fabrics for upholstery, decoration, and outdoor use. The site highlights the company's commitment to quality, innovation, and customer service, with sections dedicated to industries like furniture, automotive, and contract markets. It even has a news section, showcasing participation in industry events like Heimtext and Proposte.

Financially, Muvantex Uk Ltd shows a mixed picture. Current assets decreased by 15% to £1,200,000, while net assets remained steady at £670,000. Bank borrowings decreased by 79%, reaching £61,000, and cash reserves fell 5.4% to £210,000. Creditors decreased by 30%, suggesting improved debt management, but trade debtors plummeted by 38%, which could indicate slower customer 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) helps it stay nimble, but the drop in debtors is something to watch. The financial statements are audited, and Try Lunn & Co served as the auditor.

Overall, Muvantex Uk Ltd appears to be a stable, albeit small, business navigating the textile market. The company’s focus on specialized fabrics and its strong online presence suggest a commitment to niche expertise—but the trends in debtors warrant further observation.

Registered in England/Wales under the registration number 11187591, with a registered address at HU15 2HG, United Kingdom, South Cave, East Yorkshire, Westwood House, Annie Med Lane.

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