Graham Mcgrath Limited

Graham Mcgrath Limited, based in the Scottish Borders, UK, is a small, active company with a rich history. Founded 67 years ago in 1957, it’s been a fixture in the community, now employing just three people and holding £183,222 in assets. The business operates from a real address in Peebles and is led by three directors, with one owner, David Mcgrath John. It runs an e-commerce site with a stellar 5.0 Google rating based on 28 reviews. The company is an irregular importer, bringing in clothing and accessories, not knitted or crocheted, for a short period of two months, the last import operation being made on March 01, 2023.

Graham Mcgrath Limited specialises in tailored suits, kilts, and wedding attire, with a website showcasing a wide range of brands and styles. The website highlights a 4th generation family business, offering both retail sales and kilt hire services. It even offers a 10% discount for first-time customers using the code MCGFIRST. The company’s website is maintained by Xtensive.

Financially, the company shows some concerning trends. Current assets have decreased by 20%, dropping to £180,000, while net assets have fallen by nearly 6%, reaching £340,000. Bank borrowings have increased by 17%, reaching £1,200, and cash reserves have declined by 25%, sitting at £120,000. Creditors have also decreased by 28%, which could indicate better debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, which is likely due to the small company exemption.

Overall, Graham Mcgrath Limited appears to be facing some financial headwinds, despite its strong online reputation and long-standing presence in the Scottish Borders. It’s a small business, and these fluctuations are not unusual, but it will be important to monitor its performance in the coming months.

Registered in Scotland under the registration number SC032630, with a registered address at EH45 8AB, Scottish Borders, 27-29 Eastgate, Peebles.

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