Muirhead Plant Limited

Muirhead Plant Ltd from Kilmarnock, UK, is a small, active company established 22 years ago. Employing 14 people, the company holds £2,088,442 in assets and operates from a real address. With two directors and one owner, Muirhead Plant Ltd is an irregular importer of machinery, boilers, and mechanical appliances; parts (imported for one month), but a regular exporter of the same (exported for 29 months). The company operates in the other specialised construction activities n.e.c. industries.

The company’s website showcases its role as a supplier of excavators and machinery, offering sales and hire services to contractors, construction firms, and the agricultural sector. Based in Ayrshire, it provides maintenance, servicing, and repairs for a range of machinery from manufacturers like Hitachi, Caterpillar, and Volvo. It serves clients both domestically and internationally, with a Canada depot and a focus on providing expert advice and a wide selection of machines. The website highlights a diverse inventory, including excavators, dump trucks, and accessories, catering to a global customer base.

Financially, Muirhead Plant Ltd’s report reveals some interesting trends. Accumulated depreciation on plant machinery decreased by 13%, while additions to plant machinery remained stable. Advances to directors increased significantly by 130%, while advances from directors decreased by 52%. Cash reserves grew by 24%, while current assets decreased by 4.7%. Debtors increased dramatically by 82%, suggesting a possible need to manage cash flow. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debt needs to be monitored. The report doesn’t mention an auditor, which is likely due to the company’s exemption as a small entity.

Registered in Scotland under the registration number SC247411, with a registered address at KA3 6EN, Kilmarnock, Ayrshire, Mooryett Cottage Glasgow Road, Fenwick.

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