Glenkrag Limited

Glenkrag Ltd, based on Larne Road in Carrickfergus, Northern Ireland, is a large company with an active status, having operated for 37 years. Employing 90 people and boasting assets of £11,135,181, it's a significant player in the region. The company, with three directors and two owners, maintains a real address and enjoys a solid 4.0 Google rating from 35 reviews. Glenkrag is a regular importer, specializing in essential oils and perfumes, with 134 months of import activity recorded, the most recent in January 2025.

The company’s website clearly positions Glenkrag as the largest wholesaler to the pet, aquatic, and garden trade in Ireland. It supplies over 7,000 lines of dry goods to 500 customers across Northern Ireland and the Republic of Ireland, operating a fleet of 12 lorries and vans for regular deliveries. Customers can order online, and the website provides information on products, promotions, and fish care. The company even operates a fleet of 12 lorries and vans, ensuring regular deliveries.

Financially, Glenkrag Ltd presents a mixed picture. While cash and cash equivalents increased by a healthy 8.3% to £3 million, net assets only grew slightly to £9 million. However, bank borrowings decreased by 10%, suggesting better debt management. Creditors also fell by 9%, which is a good sign. The company’s assets dropped by 4.2% to £11 million. A significant decrease in administrative expenses (-1.4%) indicates potential cost-cutting measures. The company’s audit firm, Johnston Kennedy DFK, conducted the audit. The company’s turnover has decreased by 9%, which could be a cause for concern.

Overall, Glenkrag Ltd appears to be a well-established and reputable business, but the decrease in turnover and the slight decrease in assets warrants close monitoring. The company’s strong online presence and efficient delivery system suggest it’s well-positioned for continued success, but it’s important to address the financial trends to ensure long-term stability.

Registered in Northern Ireland under the registration number NI021130, with a registered address at BT38 7PR, Larne Road, Carrickfergus Co Antrim, Unit 7e, Kilroot Business Park.

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