Unimaq Ltd

Unimaq Ltd from Wrexham, UK, is a small, active company founded 31 years ago in 1993. Employing 25 people and boasting assets of £2,513,051, it's a well-established player in its sector. The company is run by three directors and a solo founder, with De Jong Hubertus Adrianus Gerardus Maria owning the business. It has a real address, and operates from Unit 6, Pacific Park, Wrexham Industrial Estate. Unimaq is a regular importer and exporter of machinery, boilers, and mechanical appliances, including parts, with 137 months of import activity and 130 months of export activity recorded.

The company specializes in the manufacture of equipment for the two-piece beverage can industry, with a particular focus on decorating and bottom rim coating solutions. Its website highlights its world-class equipment and commitment to excellence, serving a global customer base. It even provides services like CNC division, spare parts, training, and refurbishment. The company's website also mentions a history of 40 years, which is a bit off from the 31 years mentioned in the report.

Financially, Unimaq Ltd’s performance shows some concerning trends. While the company’s net assets initially stood at £1.7 million, they’ve plummeted to just £320,000—a significant 81% decrease. Cash reserves have also taken a hit, falling 47% to £210,000. Bank borrowings have increased, and creditors have risen substantially, suggesting increased financial pressure. The company’s turnover has also decreased, and it’s showing a loss. Despite these challenges, Unimaq’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. There is no auditor mentioned, which is likely due to the company’s small size and exemption from an audit.

Overall, Unimaq Ltd seems to be facing financial headwinds, but its long-standing presence and specialized expertise in the can manufacturing industry suggest it has the potential to weather the storm.

Registered in England/Wales under the registration number 02827750, with a registered address at LL13 9PN, Wrexham, Unit 6 Pacific Park, Wrexham Industrial Estate.

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