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

Manufacture of other special-purpose machinery n.e.c.
28990 3382 companies
Manufacture of other machine tools
28490 619 companies
Manufacture of other electrical equipment
27900 3080 companies
Wholesale of machinery for the textile industry and of sewing and knitting machines
46640 184 companies

Website

Social media

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

  • 10 years
  • psc

Managers

Secretary
  • 3 years
Director
Director
  • 31 years
  • 2
Managing director

Last reports

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Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Group of companies' accounts made up to 2024-12-31
  2. Confirmation statement made on 2025-05-03 with no updates
  3. Secretary's details changed for Joanne Marie Marlow on 2025-02-25

Importer profile by HS codes

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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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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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