Macdonald Joinery And Construction Ltd

Macdonald Joinery And Construction Ltd, located on Westthorpe Fields Road in Sheffield, UK, is a small, holding company with an active status. Established 21 years ago in 2003, the company employs ten people and holds assets valued at £4,851,019. It's a real address, with two directors and two owners – a solo founder at its core – and maintains a stellar 5.0 Google rating based on seven reviews. The company regularly imports furniture, lighting, and prefabricated buildings (for six months), and exports the same items (for twenty-one months), with the latest export operation occurring in May 2024.

The company operates in the joinery installation industries, and its website, while not detailed, suggests a focus on construction and joinery services. There's no e-commerce presence evident, indicating a business-to-business model rather than direct sales to consumers.

Financially, Macdonald Joinery And Construction Ltd presents a mixed picture. While current assets increased by 12% to £4,900,000, bank borrowings surged by 1,800% to £13,000. Creditors decreased by 44%, which is good, but net losses deepened to -£23,000. Cash reserves plummeted 98% to just £13,000. Trade debtors increased by 29%, which could indicate a delay in customer payments or an expansion of credit terms. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

The significant drop in cash reserves and the increase in bank borrowings suggest the company is burning through money, a common challenge for growing businesses. The increase in trade debtors may also be a cause for concern. However, the decrease in creditors and the increase in current assets indicate some degree of financial management. The company’s long-standing presence and positive Google rating suggest a solid reputation, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 04793214, with a registered address at S21 1TZ, Westthorpe Fields Road,, Sheffield, Units 1-3 Compass Court, Westthorpe Fields Business Park.

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