Macks Ltd.

Macks Ltd from London UK: small company, active status, founded 24 years ago, 11 employees, £10,286,474 assets, virtual address, 1 director, 1 owner. Regular importer of essential oils and perfumes (25 months imported). Regular exporter of essential oils and perfumes (65 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the wholesale of perfume and cosmetics, the wholesale of pharmaceutical goods, the wholesale of household goods (other than musical instruments) n.e.c., the wholesale of chemical products industries. It's a regular importer, with its top import category being Essential oils and perfumes, totaling 25 months of imports. The company is a regular exporter, with its top export categories including Essential oils and perfumes, totaling 65 of months exports.

Macks Ltd's website reveals a very different business than the wholesale operation described in the company report. The site is dedicated to legal services, specifically catering to individuals and businesses facing personal injury claims, family law issues, wills and probate matters, and employment disputes. The site is very detailed, with pages dedicated to each service, outlining the process and expertise offered. It’s clear the company is focused on providing specialist legal advice and representation, with a strong emphasis on client support and achieving positive outcomes. The site also highlights the company’s locations in Middlesbrough, Redcar, Darlington, and Harrogate.

Financially, Macks Ltd shows a mixed picture. Current assets increased by a substantial 11%, reaching £10 million, while net assets remained steady at £8.2 million. However, bank borrowings increased significantly by 65%, to £810,000, and dividends paid decreased dramatically by 90%, to just £200,000. Creditors also increased by 86%, reaching £2.1 million. The company’s small size helps it stay agile, but the increased borrowing and dividend reduction raise questions. It’s worth noting that the company’s directors remuneration remained constant at £72,000. With no auditor mentioned, the figures rely on unaudited statements.

In short, Macks Ltd appears to be a thriving legal practice, leveraging its online presence to attract clients. While the wholesale business is still active, it seems to be a smaller part of the company's overall operations. The increase in borrowing suggests the company may be investing in growth, but it's important to monitor its financial performance closely in the coming months.

Registered in England/Wales under the registration number 04126538, with a registered address at W1T 3AD, United Kingdom, London, 9 Berners Place.

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