Makfry Uk Ltd

Makfry Uk Ltd is a small, active family business based in Lutterworth, UK, founded eleven years ago. With seven employees and £209,981 in assets, it operates from a real address and is managed by a single director and two owners. The company regularly imports iron or steel products (150 months) and exports machinery, boilers, and mechanical appliances (21 months), indicating a focus on international trade.

The company's website showcases a range of industrial kitchen equipment, specializing in fried chicken machinery and related accessories. It appears to be a B2B operation, targeting restaurants and food processing facilities with a diverse catalog of equipment, from basic fryers to specialized marination and waffle-making machines. While the website doesn’s directly advertise e-commerce, the detailed product descriptions and technical specifications suggest a focus on sales to commercial clients rather than direct consumer sales.

Financially, Makfry Uk Ltd’s recent report reveals some concerning trends. Accumulated depreciation on plant and machinery increased by 9.5%, while vehicles saw a dramatic 200% increase, indicating significant investment in equipment. However, cash bank on hand plummeted 74%, dropping to just £42,000, and bank borrowings increased by 32%, reaching £22,000. Creditors also decreased by 32%, which could be a positive sign of better debt management. While the company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), the sharp decline in cash reserves and increased borrowing suggests it's burning through money faster than it’s bringing it in. The company is exempt from an audit, so the figures are unaudited.

The significant increase in debtors, up 230%, could be a sign of delayed payments from customers, or perhaps a strategic decision to offer more credit. Overall, while Makfry Uk Ltd’s international trade and specialized product range are strengths, the financial data suggests a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 08527603, with a registered address at LE17 4HS, England, Lutterworth, Northfield House Farm Rugby Road, Cotesbach.

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