Surelock Mcgill Limited

Surelock McGill Limited is a family-owned holding company based in Wokingham, UK, with a rich history spanning 64 years. Founded in 1961, the company employs 230 people and holds assets valued at £6,976,906. It operates from a real address and is overseen by eight directors and two owners, Janet and John Mcgill. The business is active and regularly imports and exports miscellaneous metal items—19 months of import activity and 44 months of export activity, with the latest operations occurring in January 2025.

The company’s website highlights its focus on high-security locking solutions, offering a range of products from mechanical coded access handles to cylinder guards and ventilation louvres. It caters to diverse sectors, including petrochemical, nuclear, and construction, emphasizing robust security and life safety. The site also showcases partnerships with Mobile Strongroom and Codelocks, and features a section on key and asset management. It's clear that Surelock McGill is a manufacturer and supplier of specialized security components, and their website is a key part of their business.

Financially, Surelock McGill Limited presents a mixed picture. While current assets increased by 16% to £7,000,000, net assets decreased by 4.6% to £4,300,000. Bank borrowings surged by 70% to £780,000, while cash reserves grew by 160% to £230,000. Creditors also increased by 30% to £530,000. The company’s reliance on bank borrowings suggests a need for capital, potentially to support growth or manage working capital. The decrease in net assets could be attributed to increased investment in property, plant, and equipment, or perhaps a decrease in retained earnings. The company's auditor is Cooper Parry Group Limited. The business is a small company, and the accounts are unaudited.

Registered in England/Wales under the registration number 00684463, with a registered address at RG41 2QY, Wokingham, Berkshire, 26 The Business Centre, Molly Millars Lane.

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