Macol Limited

Macol Ltd from Stanmore UK: a small holding company with an active status, was founded 44 years ago and employs 19 people. The company holds £1,055,148 in assets, operates from a virtual address, and is overseen by four directors and one owner. It boasts a perfect 5.0 Google rating based on one review. Macol is an irregular importer of soaps, cleaning products, and waxes, with the last import operation occurring just one month ago.

The company’s website, macolsystems.co.uk, showcases a business specializing in industrial control systems. For over four decades, Macol Systems has been designing, building, installing, and maintaining these systems for various manufacturing and heavy industries. They are the UK’s sole provider of support for legacy control systems made by SAIA Burgess, offering software modifications, upgrades, and spare parts. They even provide reverse engineering services and simulation technology to minimize downtime during system upgrades. Their website also highlights a Machine Information Gathering System (MIGS) for factory monitoring, catering to small to medium-sized production units.

Financially, Macol Ltd presents a mixed picture. While cash bank on hand dropped significantly by 69% to £24,000, creditors decreased by 5% to £280,000. Net assets increased by 5.6% to £680,000, and current assets remained steady at £1,100,000. However, bank borrowings increased, and the company’s net losses deepened. The business is a small company, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), and there’s no auditor mentioned, suggesting it’s exempt from an audit. The company’s reliance on a virtual address and the lack of employee data—just 19 reported—could indicate a streamlined operation, but the fluctuating financials warrant further observation.

Registered in England/Wales under the registration number 01512268, with a registered address at HA7 1JS, United Kingdom, Stanmore, Devonshire House, 582 Honeypot Lane.

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