Machineco Limited

Machineco Limited, based in Monk Bretton, South Yorkshire, UK, is a small, active company established 20 years ago. With £35,566 in assets and a real address, it’s managed by two directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances—parts, totaling 26 months of import activity, with the most recent operation in August 2024. It operates in the manufacture of machinery for paper and paperboard production industries.

The company’s website is non-existent, making it impossible to assess its e-commerce presence or online sales strategy. It’s a purely business-to-business operation, likely supplying components or equipment to larger manufacturers.

Financially, Machineco Limited presents a mixed picture. Current assets have increased by 24% to £36,000, but net assets have fallen by 64% to -£120. Bank cash has decreased by 21% to £8,700. Creditors have increased by 17% to £39,000, and trade debtors have risen dramatically by 270% to £15,000. The company's small size (meeting two of three conditions for a small company) helps it stay nimble, but the decline in equity is concerning. With no auditor mentioned, the accounts are unaudited.

The substantial increase in trade debtors suggests the company might be extending credit terms to customers, which could be a strategy to boost sales, or a sign of difficulty collecting payments. The decrease in cash reserves, coupled with rising creditors, hints at potential cash flow pressures. It's likely the company is burning through money, but without further information, it's difficult to determine the long-term implications.

Registered in England/Wales under the registration number 05271383, with a registered address at S71 2HG, South Yorkshire, 181a Burton Road, Monk Bretton Barnsley.

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