Mcbraida Plc

McBraida Plc, a large company based in Bristol, UK, has been a fixture in the machining and aerospace industries for 70 years. Established in 1954, this active business employs a substantial 122,000 people and holds assets worth £24.38 million, generating a yearly revenue of £25.378 million. With four directors and one owner, the company boasts a respectable Google rating of 4.0 based on 20 reviews. They regularly import and export machinery, boilers, and mechanical appliances parts, with a long history of import activity spanning 72 months and export activity spanning 147 months.

The company's website showcases a dual focus: precision engineering and piano restoration. While the core business revolves around manufacturing precision-machined components for various industries, the "1066 Pianos" division operates independently, specializing in high-end piano restoration and disaster recovery services. The website emphasizes quality, speed, and a commitment to customer satisfaction, highlighting their ability to provide both standard and customized solutions.

Financially, McBraida Plc presents a mixed picture. While revenue grew by a healthy 29%, net assets saw a significant decrease of 17%, and bank borrowings increased by 14%. Cash reserves also declined by 13%, suggesting a need for careful cash flow management. Trade debtors increased by 20%, which could indicate challenges in collecting payments, or perhaps a deliberate strategy to extend credit terms to boost sales. Despite these pressures, the company’s large workforce and established presence in its industries suggest resilience. The company’s auditor, Hazlewoods LLP, has given a clean opinion on the financial statements. Overall, McBraida Plc appears to be navigating a period of change, balancing growth with financial stability.

Registered in England/Wales under the registration number 00533277, with a registered address at BS30 5JW, Bristol, Bridgeyate Engineering Works, Warmley.

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