Morrow Skip Hire Ltd

Morrow Skip Hire Ltd from Turriff UK is a small, family-run business with an active status, established 13 years ago. The company employs 14 people and holds assets valued at £962,741. It operates from a real address and is managed by two directors and owners. Google users rate it 4.0 out of 5 based on 16 reviews. Morrow Skip Hire is an irregular importer of iron or steel products, with just one month of imports recorded.

The company’s website details a comprehensive waste management and recycling service covering Aberdeen and Aberdeenshire. Morrow Skip Hire offers a wide range of skips, wheelie bins, scrap metal recycling, wood recycling, and even a waste transfer station drop-off facility. They cater to businesses in various sectors, including oil and gas, construction, and agriculture, as well as domestic customers. A key feature is their commitment to environmental responsibility, with biomass wood recycling and plastic waste recycling programs, aiming for a “Zero Waste Scotland” goal. The website also includes a quotation request form and contact information, showcasing a customer-focused approach.

Financially, Morrow Skip Hire Ltd demonstrates some interesting trends. Accumulated depreciation has risen significantly, up 82%, while the number of employees has increased slightly, by 7.1%. Bank borrowings have decreased, with overdrafts down 37%, and cash reserves have grown by 10%. However, creditors have risen considerably, increasing by 17%, and trade debtors have fallen by nearly 5%. Equity has increased by 10%, reflecting retained earnings. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the increase in creditors could be a cause for concern. There's no mention of an auditor, which is typical for a small, exempt company.

Overall, Morrow Skip Hire Ltd appears to be a stable, albeit small, business navigating the challenges of the waste management industry. The family-run nature and commitment to environmental practices seem to be key strengths, but the rising creditors warrant closer monitoring.

Registered in Scotland under the registration number SC423933, with a registered address at AB53 6UX, Turriff, Aberdeenshire, Brunthill Farm, New Deer.

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