Jarvie Plant Group Limited

Jarvie Plant Group Ltd, based in Grangemouth, UK, is a 40-year-old holding company with an active status. Founded in 1984, the company employs a team of seven directors and is owned by Jarvie Gordon and Jarvie John, representing a family-run business. It holds a Google rating of 4.0 based on 44 reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with recent import activity recorded two months ago.

The company operates in the renting and leasing of construction and civil engineering machinery and equipment, and cars and light motor vehicles. Its website showcases a range of services, including plant hire, accommodation solutions, and vehicle rentals. It’s clear the company is focused on serving the construction and industrial sectors, offering everything from excavators and dumpers to welfare units and used plant sales. The site actively promotes its services and even features a blog with news and updates, like David Jarvie’s participation in Etape Caledonia.

Financially, Jarvie Plant Group Ltd presents a mixed picture. While bank borrowings increased by a significant 42%, reaching £3.9 million, cash and cash equivalents dramatically decreased by 88%, leaving just £430,000. Net assets also declined by 12%, falling to £9.5 million. Despite these challenges, creditors decreased by 7.1%, suggesting improvements in managing debt. Turnover fell by nearly 50%, dropping to £1.5 million. The company’s accounts are unaudited, and no auditor is mentioned.

The company’s reliance on bank borrowing, coupled with the decline in cash reserves, indicates potential financial pressure. However, the decrease in creditors suggests some degree of financial discipline. The company’s long history and family ownership likely contribute to its stability, but the future will depend on its ability to navigate these financial headwinds.

Registered in Scotland under the registration number SC090531, with a registered address at FK3 8ET, Grangemouth, Dalgrain Industrial Estate, Dalgrain Road.

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