Mccarthy Distribution Ltd

McCarthy Distribution Ltd, based in Wrexham, UK, is a small, active family business established 27 years ago. With 71 employees and £2,144,315 in assets, the company operates from a real address and is led by two directors and two owners. It maintains an e-commerce site and has a solid 4.0 Google rating from 32 reviews. The company is an irregular importer, primarily dealing with plastics and plastic products, with its last import activity recorded over a year ago in February 1st, 2022.

The company's core business involves freight transport by road, as indicated by its industry classification. It's a small company, meeting two of three conditions for that designation: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company's website is not available, so it’s impossible to know if it has an active online presence beyond its core freight services.

Financially, McCarthy Distribution Ltd shows a mixed picture. While current assets increased by 19%, reaching £2,100,000, net assets took a significant hit, dropping 30% to £820,000. Bank borrowings surged by 89%, climbing to £1,400,000, while cash reserves declined by 44% to £38,000. Creditors also increased substantially, rising 75% to £1,200,000. Trade debtors saw a 45% increase, reaching £1,300,000. The company’s small size helps it remain flexible, but the decrease in equity suggests potential financial pressures. The company’s financial statements are unaudited, as it’s exempt from an audit due to its small size. The director has elected not to include a copy of the profit and loss account within the financial statements.

Registered in England/Wales under the registration number 03467640, with a registered address at LL13 9UE, Wales, Wrexham, 2 Elm Point Abbey Road North, Wrexham Industrial Estate.

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