George Marshall Industries Limited

George Marshall Industries Ltd from Sheffield, UK, is a small, active company established 53 years ago. Founded in 1971, it employs five people and holds £149,918 in assets. The company has four directors and a single owner, who is also the solo founder. It boasts a perfect 5.0 Google rating based on three reviews. Regular imports and exports of basic metal tools and utensils have been recorded over the past few years—three months of imports and four months of exports.

The company operates in the specialised construction activities industry. Its real address is registered and only two companies share the same location, suggesting a genuine business presence. The company meets the criteria to be considered small, having turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

Looking at the financials, George Marshall Industries Ltd has seen some interesting shifts. Cash reserves have increased by 42%, rising to £9,500, which is good news. However, net losses have deepened significantly, jumping 170% to -£25,000. This indicates the company is burning through cash, despite increased bank balances. Trade debtors have also risen by 55%, suggesting customers are taking longer to pay. On a positive note, creditors have decreased by 13%, which could mean better management of short-term debts. Property, plant, and equipment have increased by 40%, which might be due to investments in new tools or machinery.

The company is exempt from an audit due to its small size, so the financial data is unaudited. The increase in property, plant, and equipment, coupled with the rising losses, suggests the company may be investing in its future, but it needs to carefully manage its cash flow to avoid financial difficulties.

Registered in England/Wales under the registration number 01019232, with a registered address at S3 8GG, England, Sheffield, Aizelwood's Mill, Nursery Street.

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