Mac Tracks Ltd

Mac Tracks Ltd, based in Devon, UK, is a small, family-run business with an active trading status. Founded seventeen years ago in 2007, the company employs just three people and holds £597,855 in assets. It operates from a real address in Tiverton and is overseen by four directors and three owners. The business is irregular importer of vehicles, parts, and accessories, and also exports machinery, boilers, and mechanical appliances.

The company’s website, Mactracks Agricultural Equipment, showcases a range of used agricultural machinery for sale, including tractors, excavators, and tyres. The site provides details on each item, including its condition, year of manufacture, operating hours, and guide price. It's clear the business is focused on wholesale, catering to the agricultural sector.

Financially, Mac Tracks Ltd presents a mixed picture. Current assets increased by 19%, reaching £600,000, while net assets also rose by 11% to £310,000. However, bank borrowings increased significantly by 28%, reaching £230,000, and cash reserves fell by 5.3% to £640,000. Trade debtors decreased by 15%, suggesting better collection practices. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the rise in borrowings could indicate ongoing investment or operational expenses. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems Mac Tracks Ltd is holding its own, but the increased borrowing suggests it's actively pursuing growth—perhaps to expand its inventory or reach new markets.

Registered in England/Wales under the registration number 06444166, with a registered address at EX16 6NL, Devon, 18 Newport Street, Tiverton.

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