General Cabins & Engineering Ltd

General Cabins & Engineering Ltd, based in Dungannon, UK, is a small, active company established 22 years ago. With 15 employees and £1,290,901 in assets, it's a well-established operation. The company has a real address and is managed by five directors and one owner, boasting a perfect 5.0 Google rating from a single review. It regularly imports miscellaneous metal items, with the latest activity recorded just last month.

The company's website reveals it operates in the manufacture of plastics and rubber machinery, as well as the construction of commercial buildings. It’s a niche area, and the company seems to be focused on providing specialized equipment and services. While a full e-commerce presence isn't apparent, the focus on industrial machinery suggests a business-to-business model, likely involving direct sales and custom orders.

Financially, General Cabins & Engineering Ltd presents a mixed picture. Accumulated depreciation on property, plant, and equipment increased by 6.3% to £1,600,000, indicating ongoing investment in its infrastructure. However, cash bank on hand significantly decreased by 85%, dropping to just £46—a concerning trend. Creditors rose slightly to £1,400,000, while debtors saw a substantial increase of 130%, reaching £300,000. This could mean the company is extending credit to customers, but also risks slower payments. Equity grew by 13%, reaching £1,400,000, which is a positive sign, though it’s worth noting that this figure is retained earnings and accumulated losses. The company’s small size—meeting two of three criteria for being classified as small—allows for agility, but the fluctuating cash position warrants attention. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

Overall, General Cabins & Engineering Ltd seems to be a stable, albeit somewhat cash-strapped, business. The increase in debtors suggests potential growth, but managing cash flow will be crucial for continued success.

Registered in Northern Ireland under the registration number NI043822, with a registered address at BT71 6HQ, Northern Ireland, Dungannon, 25 Corr Road.

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