Mcgraths Limestone Uk Limited

Mcgraths Limestone Uk Ltd, based in Motherwell, UK, is a small, active company founded five years ago. With three employees and £6,714,341 in assets, it’s a modest operation led by four directors, though curiously, no owners are officially listed. The company maintains a real address and boasts a perfect 5.0 Google rating based on four reviews. It’s a regular importer, primarily bringing in salt, sulphur, earths, stone, plaster, lime, and cement – a consistent flow of materials over the past 22 months, with the latest shipment arriving in March 2024.

The company operates within the ‘other mining and quarrying n.e.c.’ industries, suggesting a focus on extracting and processing raw materials. While a website isn't available to examine, the import activity points to a business supplying materials to other industries.

Financially, Mcgraths Limestone Uk Ltd presents a mixed picture. Cash reserves have seen a significant boost, increasing by 130% to £4,200,000, indicating strong liquidity. Current assets have also risen considerably, up 95% to £6,700,000. However, net losses deepened from -£10,000 to -£23,000, while trade debtors ballooned by 62% to £2,400,000, suggesting delayed customer payments or expanded credit terms. Bank borrowings surged by 93% to £3,700, and creditors rose 140% to £3,600,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company's growth in assets, while positive, is offset by increased liabilities, suggesting it may be burning through cash to fuel expansion.

Registered in Scotland under the registration number SC640207, with a registered address at ML1 4WR, Scotland, Motherwell, Maxim 1 Parklands Way, Holytown.

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