Mannering Industrial Limited

Mannering Industrial Ltd, based in Glasgow, UK, is a small, active company founded six years ago. Employing 18 people and holding £1,005,804 in assets, it operates as a family business with four directors and two owners. The company has a real address and is registered as SC616400. While it's an irregular importer (last activity July 2021), it’s more active as an exporter of electrical machinery and equipment (last activity June 2023). The company operates in the wholesale of clothing and footwear industries.

The company’s website, manneringindustrial.co.uk, indicates a shift towards online sales, with a “coming soon” announcement for a new online shop. Currently, it offers a wide range of industrial fasteners and PPE, alongside pneumatic, hydraulic, and hand tools. The site emphasizes competitive pricing and next-day delivery, suggesting a focus on efficient service for its customers. They even offer bespoke signage and shadowboards.

Financially, Mannering Industrial Ltd presents a mixed picture. While cash reserves decreased by 18% to £230,000, creditors fell by 25% to £400,000. Bank borrowings, however, increased significantly by 2,400% to £40,000. Development costs capitalised increased by 50% to £540, and net assets increased by 50% to £450,000. The company meets the criteria for a small company—with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no mention of an auditor, which is typical for small companies. The company’s increase in bank borrowings, despite the decrease in creditors, suggests a need for cash flow, and the increase in development costs could indicate investment in the new online store. The company’s small size allows for agility, but the fluctuating financials warrant close monitoring.

Registered in Scotland under the registration number SC616400, with a registered address at G71 8BJ, Scotland, Glasgow, Northfield House 19 Bellshill Road, Bothwell.

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