Major Equipment Limited
- Small
- Active
- 34 years
- 5 employees
- £1,394,070 (assets)
- Real address
- 5 directors
- 2 owners
- Regular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Major Equipment Limited, based in Lancaster, UK, is a small, active company founded 34 years ago in 1990. With five employees and £1,394,070 in assets, it’s a well-established player in its sector. The company, which has five directors and two owners, operates from a real address and regularly imports and exports machinery, boilers, and mechanical appliances, parts.
The company's website showcases a diverse range of agricultural, grounds care, and industrial equipment, with a particular emphasis on durability and low running costs. Major Equipment caters to farms, businesses, and local authorities, offering solutions from mowing equipment to slurry handling and even piano restoration—a surprising diversification. The site highlights a commitment to British craftsmanship and family ownership.
Financially, Major Equipment Limited presents a mixed picture. Current assets have declined significantly by 54%, falling to £1,400,000, while net assets have also dropped, though less dramatically, to £30,000. Cash reserves have taken a big hit, decreasing by 89% to £120,000. Trade debtors have also fallen by 45%, suggesting improved collection efforts, but trade creditors have fallen by 55%, which is good. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the sharp drop in cash reserves is concerning. There’s no mention of an auditor, likely due to the company’s small size and exemption from audit. The accounts are unaudited.
It seems like Major Equipment is facing some financial headwinds, but its diverse product range and commitment to quality could help it weather the storm.
Registered in England/Wales under the registration number 02566836, with a registered address at LA1 3SW, Lancaster, Lancashire, 20 Mannin Way, Lancaster Business Park, Caton Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Lecky Aine
- 6 years
- 25%+
-
Resident of Ireland
-
Individual
- Murphy Eibhlin
- 6 years
- 25%+
-
Resident of Ireland
Managers
-
Individual
- Lecky Aine
- 6 years
-
Resident of Ireland
-
Individual
- Murphy Eoin
- 14 years
- 2
-
Resident of Ireland
-
Individual
- Murphy Eibhlin
- 14 years
-
Resident of Ireland
-
Individual
- Keane Martin
- 14 years
-
Resident of Ireland
-
Individual
- Lecky Aine
- 17 years
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2024-12-10 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2023-12-31Download 7 pages pdf report
-
Confirmation statement made on 2023-12-10 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Major Equipment Limited
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