Macalloy Cast Products Limited

Macalloy Cast Products Limited, based in Sheffield, UK, is a small, active company founded 14 years ago in 2011. With three employees and £341,108 in assets, it operates from a real address and is overseen by two directors and one owner. The company boasts a solid 4.0 Google rating from 19 reviews. It’s an irregular importer, primarily dealing with iron or steel products, with just two months of import activity recorded as of September 2022.

The company’s website reveals it operates in the manufacture of other fabricated metal products. It’s a relatively small operation, meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It's not clear if they have an e-commerce presence, but the website doesn't give much away.

Financially, Macalloy Cast Products Limited has experienced some significant shifts. Current assets have fallen by nearly half, dropping to £340,000, while net assets have plummeted 71%, settling at £29,000. Cash reserves have also taken a hit, decreasing by 74% to £29,000. Trade debtors have shrunk considerably, down 53% to £210,000, suggesting improved collections. However, creditors have also decreased, by 41%, to £310,000. The company is exempt from an audit as a small company, so the figures are unaudited.

These changes could be due to a number of factors, such as increased competition or changes in customer demand. It's also possible that the company has been investing in new equipment or expanding its operations, which would require more cash. The sharp decline in equity is a concern, but the company's small size and agility may help it weather these challenges.

Registered in England/Wales under the registration number 07633601, with a registered address at S25 3QE, Sheffield, South Yorkshire, Caxton Way, Dinnington.

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