Smith & Mclaurin Limited

Smith & Mclaurin Limited, based in Johnstone, Scotland, is a sizable company with an active status, having been incorporated twenty-three years ago in 2002. The firm, a holding company, employs seventy-eight people and holds assets valued at £11,854,567. It operates from a real address and is overseen by six directors and one owner. A solid 4.0 Google rating from seven reviews suggests customer satisfaction. The company regularly imports and exports paper and paperboard products, with a history of 186 months of imports and 261 months of exports.

Smith & Mclaurin Limited specializes in the manufacture of paper and paperboard products, serving a range of industries. Its website highlights a focus on sustainability, offering eco-friendly materials like FSC-certified papers and compostable films. They cater to specific sectors, including wines, spirits, and gourmet food, with a range of textured and laid papers. The company also offers specialized materials for security applications, such as tax stamps and counterfeiting prevention.

Financially, Smith & Mclaurin Limited presents a mixed picture. While net assets increased by a respectable 15% to £7.2 million, several key metrics show concerning trends. Cash reserves saw a significant drop of 53%, falling to £320,000. Bank borrowings, however, surged by a staggering 2,400%, reaching £320,000—a dramatic shift. Creditors also increased by 27%, reaching £2.7 million, and administrative expenses rose by 35%. It’s worth noting that director remuneration increased by 170%, reaching £450,000. The company’s size (meeting two of three criteria for a large company) means it’s not required to have an audit, so the financial data is unaudited.

The increase in borrowings and decrease in cash reserves could indicate a period of investment or expansion, but it also raises questions about the company's liquidity. The rise in administrative expenses suggests potential cost pressures, while the increase in director remuneration may reflect increased responsibilities or performance-based incentives. Overall, Smith & Mclaurin Limited appears to be a well-established company facing some financial headwinds, but its focus on sustainability and specialized materials suggests a potential for continued success.

Registered in Scotland under the registration number SC229817, with a registered address at PA10 2AF, Scotland, Johnstone, Renfrewshire, Cartside Mill Kilbarchan Road, Kilbarchan.

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