Mcauley Freight Ltd

Mcauley Freight Ltd, based in Co Antrim, UK, is a small, active company established nineteen years ago in 2006. With eight employees and £2,511,578 in assets, it operates from a real address and is overseen by three directors, although no owners are officially listed. The company’s status is active. It's a private limited company registered in Northern Ireland with the registration number NI059092.

The business primarily deals with the sea and coastal freight water transport industries, importing vehicles, parts, and accessories irregularly for two months, with the most recent activity in May 2024. It exports the same goods regularly, with four months of export activity recorded, the latest in October 2024. The company's website is currently unavailable, making it difficult to determine if it operates an e-commerce platform.

Financially, Mcauley Freight Ltd’s recent performance shows some concerning trends. Cash bank on hand has fallen significantly, dropping 16% to £2.2 million. Current assets have also decreased by 22%, down to £2.5 million. Trade debtors have plummeted 53%, leaving just £270,000 outstanding. On the positive side, creditors have decreased by a substantial 80%, reducing liabilities to £210,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in equity—increasing 4.4% to £2.3 million—suggests a need for careful financial management. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company’s financial statements are prepared in accordance with Financial Reporting Standard 102 and the Companies Act 2006.

Registered in Northern Ireland under the registration number NI059092, with a registered address at BT15 5DB, Co Antrim, 23 Hughenden Avenue, Belfast.

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