Magdrill Uk Limited

Magdrill Uk Limited, based in Bishops Stortford, UK, is a small, active holding company established 27 years ago. With five employees and £460,927 in assets, it’s a modest operation managed by six directors and a single owner. The company holds a respectable 4.0 Google rating from six reviews, and regularly imports basic metal tools and utensils—a consistent 38-month import history, with the latest activity in March 2025.

The company’s website isn't available, so it’s hard to determine if they operate an e-commerce platform. However, the company description indicates they are involved in the wholesale of machine tools industries.

Financially, Magdrill Uk Limited presents a mixed picture. Current assets have increased by 30% to £460,000, while equity has also grown by 16% to £330,000. Creditors, however, have seen a significant jump of 79% to £130,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the rising creditors suggest a need to manage debt carefully. The accounts are unaudited, which is typical for companies of this size, and prepared in accordance with the micro-entity provisions.

The company's growth is steady, and the increase in assets is a positive sign. The rise in creditors, however, warrants monitoring. It’s likely that the company is experiencing some growing pains, but overall, the financial health appears stable.

Registered in England/Wales under the registration number 03566804, with a registered address at CM22 6JX, England, Bishops Stortford, Essex, Unit 41, Golds Nurseries Business Park Jenkins Drive, Elsenham.

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