Richard F. Mackay Limited

Richard F Mackay Ltd, based in Edinburgh, UK, is a small, holding company with an active status, celebrating 81 years in business. Employing 32 people and holding assets of £1,957,181, the company operates from a real address and is managed by three directors and a single owner. It runs an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings – a consistent activity over the last 103 months, with the most recent import in February 2025. Exports, however, are irregular, occurring only for two months, the last in December 2023, also involving furniture, lighting, and prefabricated buildings.

The company’s website highlights Richard F Mackay as Edinburgh’s finest furniture store, showcasing a wide range of products from German kitchens to sofas and beds. It emphasizes a long-standing family business, founded over 80 years ago, with a commitment to quality and customer service. The website features promotions, new brochure designs, and clearance sales, alongside information about financing options and a detailed history of the company. It even includes a section on the company’s commitment to UK effective stewardship code.

Financially, Richard F Mackay Ltd presents a mixed picture. While bank borrowings increased significantly by 250%, reaching £260,000, cash reserves plummeted 100%, leaving only £580. Creditors remained relatively stable at £1,500,000, but net assets decreased slightly to £250,000. Trade debtors rose by 30%, reaching £1,000,000, potentially indicating increased sales or a shift in payment terms. The company’s small size—meeting two of three criteria for being considered small—allows for agility, but the sharp decline in cash reserves could signal a need for careful financial management. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company’s directors loans, however, show a complicated picture with advances and repayments fluctuating considerably.

Registered in Scotland under the registration number SC022703, with a registered address at EH11 2SG, Edinburgh, 60 Stevenson Road, Murrayfield.

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