Mcgowan & Rutherford Limited

McGowan & Rutherford Ltd from Colchester, UK, is a small holding company with an active status, celebrating 30 years in business. Employing just nine people and holding assets worth £3,626,501, the company operates from a virtual address – a detail worth noting as 130 other companies are registered at the same location. It's managed by three directors and owned by one individual. The business regularly imports and exports furniture, lighting, and prefabricated buildings, with 196 months of import activity and 15 months of export activity recorded.

The company’s website showcases a wide range of decorative items and furniture, catering to both retail and wholesale customers. It's a real mix of items, from clocks and mirrors to soft furnishings and lighting – a testament to its broad appeal. The site even highlights a showroom in Colchester, inviting customers to experience the products firsthand. It’s clear the company aims to provide a diverse selection of goods, positioning itself as a one-stop shop for interior design needs.

Financially, McGowan & Rutherford Ltd’s report reveals some interesting trends. While bank cash increased by 19% to £1.5 million, trade debtors jumped a significant 71% to £850,000 – a potential sign of delayed payments from customers. Creditors decreased by 8.1% to £220,000, which is a positive sign of better debt management. Net assets remained relatively stable at £3.5 million, and the company’s small size (meeting two of three criteria for a small company) allows for flexibility. The report doesn’t mention an auditor, likely due to its status as a small company.

Overall, McGowan & Rutherford Ltd appears to be a stable, albeit small, business. The increase in trade debtors is something to watch, but the company’s diverse product range and established presence in the market suggest it’s well-positioned for continued success.

Registered in England/Wales under the registration number 02938639, with a registered address at CO3 3BZ, Colchester, Essex, 47 Butt Road.

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