Macsalvors (plant Hire) Limited

Macsalvors Plant Hire Ltd, based in Truro, UK, is a well-established company with a 57-year history. This large business, employing 60 people, boasts significant assets of £4,054,028 and annual revenue of £8,179,200. It’s an active company with a real address, managed by two directors and one owner, and currently holds a Google rating of 4.0 based on 18 reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation occurring in May 2024.

The company’s website highlights its core business: providing crane and plant hire services. It emphasizes flexibility, trustworthiness, and reliability, offering a wide range of crane types, including all-terrain, spider compact, lorry loader, and HIAB lorries. The site is clearly geared towards commercial clients, detailing services for off-road sites and challenging transportation needs. A 24-hour service, including emergency breakdown recovery, is a key selling point. The website also showcases a gallery of past projects, demonstrating expertise and building trust.

Financially, Macsalvors Plant Hire Ltd presents a mixed picture. While turnover remained steady at £8.1 million, net assets increased by 12% to £8.2 million. However, bank borrowings increased by 30% to £1.6 million, and cash reserves fell by 10% to £2 million. Depreciation expenses increased by 12% to £870,000, which could indicate investment in new equipment. Despite this, the company’s assets are pledged as security for liabilities, totaling £500,000. The company's accounts were audited by BK Plus Limited.

Overall, Macsalvors Plant Hire Ltd appears to be a stable and well-managed business, though the increase in bank borrowings warrants a closer look. The company's focus on customer service and a comprehensive range of crane services positions it well in the competitive plant hire market.

Registered in England/Wales under the registration number 00906595, with a registered address at TR1 2SU, United Kingdom, Truro, Uk, Macsalvors (Plant Hire) Ltd Newham Road, Newham.

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