Mako Offshore Ltd

Mako Offshore Ltd from Fraserburgh UK: a small, active company founded six years ago, employs two people, and holds £183,350 in assets. It operates from a virtual address, managed by three directors and three owners, and is a family business. The company regularly imports optical and medical tools and devices (eight months of imports, last in February 2025) and exports machinery, boilers, and mechanical appliances (five months of exports, last in September 2024). It’s registered with Companies House under SC617550 and operates within the other engineering activities industries.

The company’s website is not available for review, making it difficult to determine if it operates an e-commerce platform or offers other services.

Financially, Mako Offshore Ltd presents a mixed picture. While the company’s net assets increased by 130% to £320,000, indicating growth in equity, other indicators suggest potential challenges. Cash reserves surged an impressive 19000%, reaching £98,000—a significant improvement. However, bank borrowings decreased by 82%, and debtors dropped by 54%, suggesting a reliance on cash and potentially slower customer payments. Creditors also decreased by 51%, which could be a positive sign of better debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to the company's small size and exemption from an audit.

The increase in net assets is encouraging, but the significant drop in debtors could indicate a need to improve invoicing or collection processes. The large cash reserve provides a buffer, but the company should monitor its expenses and ensure sustainable growth.

Registered in Scotland under the registration number SC617550, with a registered address at AB43 9BB, Scotland, Fraserburgh, Bank House, Seaforth Street.

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