Mcgregor Young Limited

Mcgregor Young Ltd, based in Coatbridge, UK, is a small, active company established 31 years ago. Employing 47 people, it holds assets of £1,196,125 and operates from a real address. With three directors and three owners, the company’s structure is relatively compact. It functions as a regular exporter of vehicles, parts, and accessories (excluding trains and trams), with six months of export activity, and an irregular importer of glass and glassware, with two months of import activity.

The company’s core business revolves around the manufacture of other transport equipment. Its website highlights expertise in powder coating, glazing, and transport door solutions, catering to a range of industries from ambulance manufacturers to architects. A key element of its operations is the provision of ambulance glass manufacturing and vehicle glazing, underpinned by a reputation for high-quality workmanship and approved applicator status from Akzo and Dupont. The company even owns Cheshire Vehicle Windows Limited.

Financially, Mcgregor Young Ltd presents a mixed picture. Accumulated amortisation impairment intangible assets remained flat, while accumulated depreciation impairment property plant equipment saw a significant drop, with land buildings decreasing by 100%. Bank borrowings have increased substantially, with overdrafts rising by 360%. Creditors also saw a notable increase, while trade debtors improved. Net assets experienced a 52% decrease, and cash reserves fell by 30%. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit.

The trends suggest a period of financial pressure, possibly linked to increased borrowing and decreased cash reserves. However, the company’s established reputation, approved applicator status, and diverse service offerings—including specialist ambulance glass manufacturing—position it to weather these challenges. The business is holding steady, but needs to keep an eye on its cashflow.

Registered in Scotland under the registration number SC148670, with a registered address at ML5 4EF, Coatbridge, Lanarkshire, Unit 7c, North Caldeen Road.

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