Macculloch & Wallis Limited

Macculloch & Wallis Limited, a London-based company, has been a fixture in the UK textile trade for 77 years, having been founded back in 04/21/1948. As a small company with an active status, it employs 16 people and holds £1,017,608 in assets. The business, with three directors and two owners, operates from a real address in Poland Street. It’s a regular importer of special woven and decorative fabrics (55 months) and an irregular exporter of electrical machinery and equipment (1 month).

The company's website, Macculloch Wallis, presents a traditional draper and haberdasher, selling cloth and trimmings to tailors and dressmakers. It offers a wide range of fabrics, trimmings, equipment, and knitting supplies, catering to both professional and hobbyist markets. The website clearly functions as an e-commerce platform, allowing customers to browse and purchase items online. While the site doesn's have a blog, it does have a “About Us” section, which is a nice touch.

Financially, Macculloch & Wallis Limited shows a mixed picture. Current assets increased by 13% to £1,000,000, while net assets grew by 4.7% to £770,000. Bank borrowings decreased by 40%, reaching £15,000, and cash reserves increased by 51% to £470,000. Creditors decreased by 35%, suggesting improved financial management. 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 for flexibility. However, a significant increase in other creditors (250%) indicates a need for closer monitoring of payment terms. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Macculloch & Wallis Limited appears to be a stable, long-standing business, but it’s important to keep an eye on the rise in other creditors. The company’s heritage and focus on quality suggest a solid foundation for continued success.

Registered in England/Wales under the registration number 00452913, with a registered address at W1F 8QN, England, London, 25, 26 Poland Street.

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