Mcgrath Supplies Limited

Mcgrath Supplies Ltd, based in Enniskillen, UK, is a small, active company founded thirteen years ago. With £128,590 in assets and a real registered address, it’s a solo-founded operation led by one director and owner. The business operates an e-commerce site and has garnered a perfect 5.0 Google rating from two reviews. It’s a regular importer of electrical machinery and equipment, with 28 months of import activity recorded, the last in September 2024.

The company’s website, while not detailed, indicates it operates in the “other manufacturing n.e.c.” industries. It's a small business, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company is a private limited company registered in Northern Ireland with the registration number NI610992.

Financially, McGrath Supplies Ltd shows a mixed picture. Cash reserves increased significantly by 140%, reaching £100,000, while trade creditors rose by 13%, reaching £56,000. Bank borrowings decreased by 40%, settling at £26,000. Current assets increased by 39%, reaching £130,000. Property plant and equipment saw a decline, with furniture fittings remaining constant, but land buildings, motor vehicles, and plant machinery all decreasing. It's worth noting that the accounts are described as “filleted” and unaudited, relying on director-reported data.

The company’s small size and reliance on online sales suggest agility, but the fluctuating financials indicate a need for careful management. With no auditor mentioned, the figures provide a snapshot of the business’s current state, but further scrutiny would be needed to assess its long-term viability.

Registered in Northern Ireland under the registration number NI610992, with a registered address at BT93 1BL, Northern Ireland, Enniskillen, 72 Derrybrick Road, Kesh.

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