Mcnair Engineering Limited

McNair Engineering, established in 1978, provides a diverse range of engineering services and products from its 23,000 sq ft facility near Glasgow airport. The company, ISO 9001 accredited, specialises in hydraulic engineering, offshore projects, and the repair of industrial gas turbine components, serving a broad spectrum of industries. It's a company that seems to have a lot going on, with a wide range of services offered.

McNair Engineering’s website clearly showcases its core business: providing engineering solutions. It's not primarily an e-commerce site; instead, it functions as a detailed brochure, outlining its capabilities and services. The site highlights its expertise in hydraulic engineering, rig skidding systems, BOP handling, and the repair of gas turbine components. It also lists its plant list, detailing the machinery available for various processes like grinding, milling, and welding. The website is well-organized, with clear navigation and detailed descriptions of each service offered. It’s a site designed to attract clients seeking specialized engineering work, not necessarily to sell products directly.

Financially, McNair Engineering shows a generally stable picture, though with some interesting trends. Cash reserves increased by a solid 19%, reaching £1 million, while current assets grew by 9.2% to £1.3 million. However, trade debtors decreased significantly by 23%, dropping to £140,000, which could indicate tighter credit terms or potentially delayed payments from clients. Creditors also increased, rising by 66% to £270,000, suggesting perhaps increased material costs or supplier invoices. Equity increased by 3.6% to £1.2 million, and the company employs a consistent number of 13 people. The company’s financial statements are unaudited, and there’s no mention of an auditor. The significant increase in other creditors, rising by 620% to £110,000, is a notable point to investigate further. It’s likely these are short-term liabilities, but it’s worth monitoring. Overall, the company appears to be financially healthy, but the trends in debtors and creditors warrant close attention.

Registered in Scotland under the registration number SC066401, with a registered address at G52 4XE, Glasgow, 11/12 Lovat Place, Hillington Industrial Estate.

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