Mcquaid Engineering Ltd

McQuaid Engineering Ltd, based in Dungannon, UK, is a small, family-run business with an active status, established eighteen years ago. Employing fifteen people and holding assets of £1,826,160, it operates from a real address and is managed by four directors and two owners. The company boasts a Google rating of 4.0 based on nine reviews, reflecting a positive customer experience. It’s a regular importer and exporter of machinery, boilers, and mechanical appliances, with parts, having imported for five months and exported for thirty-three months.

The company's website showcases a range of products and services, primarily focused on pedestal booms, mobile boom systems, selector grabs, orange peel grabs, mechanical grapples, block grabs, and log grabs. It doesn's appear to be an e-commerce site, instead serving as a catalogue and marketing tool. The website highlights custom solutions for various industries, including quarrying, recycling, and timber handling, with case studies and customer testimonials. It also includes a news section featuring product installations and industry updates.

Financially, McQuaid Engineering Ltd shows a mixed picture. While net assets increased by 12%, reaching £1,200,000, cash reserves remained steady at £700,000. Trade debtors rose significantly by 33%, reaching £550,000, which could indicate increased sales but also potential challenges in collecting payments. Bank borrowings decreased by 22%, reducing to £390,000, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the increase in debtors warrants monitoring. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, McQuaid Engineering Ltd seems to be a stable, well-regarded business, but the rise in outstanding invoices could be something to keep an eye on. The company’s focus on specialized machinery and its family-run nature suggest a commitment to quality and customer service.

Registered in Northern Ireland under the registration number NI059712, with a registered address at BT71 4BS, Dungannon, Co Tyrone, 84 Cookstown Road, Drumconnor.

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