MAUNA HOLDINGS LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -7.5%

  £17,455,187 → £16,154,390

• Cash

  +7.3%

  £167,847 → £180,164

• Net assets

  -25.5%

  -£7,602,667 → -£9,540,165

• Employees

  -15%

  246 → 209

• Operating profit

  -500.3%

  -£649,588 → -£3,899,494

• Profit before tax

  -173.9%

  -£1,777,673 → -£4,869,279

• Wages

  -16.1%

  £5,127,413 → £4,299,784

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. MAUNA HOLDINGS LIMITED 1997-03-01 → present
2. MAINETTI TECHNOLOGY HOLDINGS LIMITED 1996-12-16 → 1997-03-01

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group meets its day-to-day working capital requirements through cash from sales, banking facilities and advances from its parent company and fellow group companies. The Directors believe that based on the Group's approved forecast, the Group has sufficient working capital to meet its requirements for at least the coming year from the date of this report. The Directors have obtained a letter of support from its ultimate parent company confirming it will provide adequate financial support for a period of at least 12 months from the date of signing these financial statements, enabling the Group to meet its continuing operating liabilities given the Group is in a net current liability position of £1.3m (2023: £2.7m). The Directors have a reasonable expectation that the ultimate parent, Mauna N.V, has adequate resources to provide this support for at least 12 months from the date of signing these financial statements. On this basis, the Directors have a reasonable expectation that the Group has adequate resources to continue operations for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis.”

Group structure

1. MAUNA HOLDINGS LIMITED · parent
   1. Mainetti (UK) Limited 100% · Scotland · Manufacture and re-sorting of plastic garment hangers
   2. Mainetti Maroc S.A.R.L. 100% · Morocco · Holding company
   3. Mainetti-Smaco S.A. 90% · Morocco · manufacture of plastic garment hangers

Significant events

• “Following completion of the sale of the UK Wrexham facility in October 2024, the outstanding loan associated with this site has been repaid in full and no further loans have been taken out since and up to the date of signing the financial statements.”
• “On 21 October 2025, the Group experienced a cyber incident, which was promptly contained with limited impact on operations or financial performance on the business. The business continued as normal. All matters were reported to the appropriate authorities and regulators and the investigations continue.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.