Mccooey Engineering Limited

Mccooey Engineering Ltd from Tewkesbury UK: a small, active company founded 21 years ago, employs five people, and holds £385,843 in assets. It’s a real address with two directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances; parts (6 months imported), and exports the same (7 months exported). It’s a business that’s been around for a while, and it’s clearly focused on the engineering sector.

The company operates in the “other manufacturing n.e.c.” industries, which is a broad category, but suggests a diverse range of engineering services. There’s no website listed, so it’s unlikely to be an e-commerce business—instead, it probably works on a business-to-business model, supplying parts or providing engineering services directly to other companies.

Financially, Mccooey Engineering Ltd shows some interesting trends. Current assets have increased by 20%, reaching £390,000, which is a good sign. However, net assets have also increased by 27%, hitting £180,000, and bank cash has decreased by 30% to £1,300. Trade debtors have increased significantly, by 83%, reaching £170,000, which could indicate that the company is extending credit to customers or experiencing delays in payments. Creditors have also increased, by 33%, to £320,000, which could be related to increased stock purchases or other operational expenses. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

Overall, Mccooey Engineering Ltd seems to be a stable, if somewhat cash-constrained, business. The increase in debtors is something to watch, but the growth in assets suggests that the company is expanding its operations. The company’s long history and established position in the market are positive indicators, but it’s important to monitor its financial performance closely to ensure its continued success.

Registered in England/Wales under the registration number 04976721, with a registered address at GL20 7BG, England, Tewkesbury, Gloucestershire, Aycote Natton, Ashchurch.

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