Murray Excel (stock Trading) Ltd

Murray Excel (stock Trading) Ltd, based in Armagh, UK, is a small, active company founded nine years ago. With £1,451,600 in assets and a real address, it operates as a family business with two directors and two owners. The company enjoys a stellar 5.0 Google rating from ten reviews, a testament to its customer service. It’s a regular importer of footwear and related items, with eight months of import activity recorded, the latest in November 2024.

The company’s core business involves retail sales via stalls and markets of textiles, clothing, and footwear. It’s a niche operation, focusing on a specific market segment. The website, while not directly linked, suggests a focus on wholesale footwear, potentially supplying smaller retailers or markets. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility but also presents challenges.

Financially, Murray Excel Ltd shows a mixed picture. Cash bank on hand decreased by 40% to £89,000, while current assets increased by 14% to £1,500,000. Creditors rose by 14% to £800,000, and debtors increased by 21% to £880,000. The company’s net assets increased by 12% to £650,000. There’s a significant decrease in fixed assets, down 53% to £5,200. The company’s unaudited accounts, exempt due to its small size, rely on director-reported data.

While the company’s import activity and Google rating suggest a healthy business, the fluctuating financials indicate some pressures. The rise in creditors and debtors, coupled with the decrease in cash reserves, suggests that the company is managing its working capital carefully. It's likely that the company is reinvesting profits into its business, but it should monitor its cash flow closely to ensure it can meet its obligations.

Registered in Northern Ireland under the registration number NI636238, with a registered address at BT60 4BC, Northern Ireland, Armagh, Co Armagh, 2 Nursery Road.

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