Macclesfield Bearings Limited

Macclesfield Bearings Ltd, based in Macclesfield, UK, is a small, family-run business with an active status, having been established 38 years ago. Employing just four people, the company holds £135,780 in assets and operates from a real address. With five directors and two owners, it's a tight-knit operation, boasting a stellar 5.0 Google rating based on three reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—parts, with the last import activity recorded two months ago.

The company's website highlights a focus on quality service and extensive knowledge, offering a range of bearings, power transmissions, motors, gearboxes, and other products. It operates as a wholesale supplier, with contact details provided and opening hours listed. The site’s simple design suggests a traditional business model, relying on phone and email inquiries rather than extensive e-commerce functionality.

Financially, Macclesfield Bearings Ltd presents a mixed picture. While current assets increased by 40% to £140,000, net assets decreased by 12% to -£25,000, suggesting a reliance on borrowing. Bank borrowings remained stable at £110,000, but cash reserves dropped by 39% to £9,300. Creditors increased by 29%, and trade debtors ballooned by 130%, which could indicate difficulties in collecting payments. The company meets the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and, as such, is exempt from a full audit. The unaudited figures rely on director-reported data.

Overall, Macclesfield Bearings Ltd appears to be navigating a challenging environment. The company’s long history and strong Google rating suggest customer loyalty, but the financial data indicates a need for careful management. It’s likely the company is holding steady but facing pressures.

Registered in England/Wales under the registration number 02086839, with a registered address at SK11 6TJ, Macclesfield, Cheshire, 23 Park Lane.

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