Mcgrath Bakery Services Ltd

Mcgrath Bakery Services Ltd, based in Dromore, UK, is a small, family-run business with an active status, established 17 years ago. Employing five people, the company holds £537,429 in assets and operates from a real address. Led by four directors and two owners, it maintains a stellar 5.0 Google rating based on nine reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with a recent import activity recorded just one month ago.

The company’s website, mcgrathbakeryservices.com, showcases a comprehensive range of services catering to the bakery industry. It supplies, installs, and maintains industrial bakery equipment, offering both new and used options. The site highlights specific brands like Tekno Stamap, Salva, and Mech Masz, and features a gallery of videos demonstrating their expertise. It even offers a repair request system online, showing a commitment to customer support. The website’s focus is on wholesale and service, not direct e-commerce.

Financially, McGrath Bakery Services Ltd presents a mixed picture. Current assets have decreased by 21% to £540,000, while net assets have increased by 11% to £290,000. Bank borrowings have decreased by 39% to £2,200, and cash reserves have fallen by 38% to £100,000. Creditors have also decreased by 35% to £290,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the drop in cash reserves warrants attention. The company’s financial statements are unaudited, likely due to its status as a small company. It is likely that the company is stable, but needs to watch its cashflow.

Registered in Northern Ireland under the registration number NI066304, with a registered address at BT25 1JR, Dromore, County Down, 35a Donaghcloney Road.

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