Monarch Knitting Machinery (u.k.) Limited
- Active
- Holding
- 58 years
- 27 employees
- £16,197,048 (cur assets)
- 15m-54m
- Regular importer
- Regular exporter
- Real address
- 4 directors
- 1 owner
- Leicester
- Rating 5.0 (15)
Field of Operation
Website
Summary
Monarch Knitting Machinery Uk Ltd, based in Leicester, UK, is a well-established company with a strong presence in the industry. Founded 57 years ago in 1968, this large company boasts 30 employees and holds substantial assets of £19,283,702. With an impressive yearly revenue of £13,239,998, it’s a significant player in its sector. The company maintains a real address and is overseen by five directors and one owner. Its Google rating is a perfect 5.0 based on 15 reviews, a testament to its reputation. Monarch Knitting Machinery regularly imports and exports machinery, boilers, and mechanical appliances, parts, demonstrating a global reach.
The company's core business revolves around the manufacture of other electrical equipment, machine tools, special-purpose machinery, and the wholesale of machinery for the textile industry. It’s a large company, meeting two of three criteria: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The company’s website is unavailable, making it difficult to assess its e-commerce presence.
Looking at the financial data, Monarch Knitting Machinery shows some concerning trends. While assets remain substantial, current assets have decreased by 15%, and net assets have also declined. Bank borrowings have also decreased, but cash reserves have fallen by 27%. There’s been a sharp decrease in profits, with a 83% drop in profit loss. The company’s creditors have also decreased by 36%. The company’s auditor is Mark J Rees LLP Chartered Accountants.
Despite these challenges, Monarch Knitting Machinery’s long history, positive Google rating, and continued import/export activity suggest a resilient business. The decrease in profits could be due to a number of factors, such as increased competition or changing market conditions. The company's continued operations, despite these pressures, indicate a commitment to its core business and a determination to navigate the current economic climate.
Registered in England/Wales under the registration number 00930058, with a registered address at LE4 1BG, Leicester, 74 Boston Road, Beaumont Leys.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 10 years
- psc
-
Resident of United States
Managers
-
Individual
- 1 year
-
Resident of United Kingdom
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 11 years
-
Resident of United States
-
Individual
- 31 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twelve months ago.
Last news
-
Group of companies' accounts made up to 2024-12-31Download 43 pages pdf report
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Confirmation statement made on 2025-05-03 with no updatesDownload 3 pages pdf report
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Secretary's details changed for Joanne Marie Marlow on 2025-02-25Download 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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