Sweeney's Goods Ltd

Sweeney Transport Plant Repairs Ltd, based in Castlederg, Northern Ireland, is a small, active company founded four years ago. With £1,100 in assets and a real registered address, it’s a family-run operation with three directors, including Gavin Sweeney, and a single owner. The company regularly provides haulage and plant repair services, with 15 months of export activity recorded, the latest in July 2023. It’s a solo founder business.

The company’s website highlights its expertise in vehicle haulage, engineering, and plant hire, catering to businesses in Ireland and Northern Ireland. Services include full load, part load, and international haulage, as well as engineering and plant vehicle repair. The site emphasizes quality services, timely deliveries, and affordable prices—key factors for attracting and retaining customers in the competitive transport sector. They also offer steel fabrication.

Financially, Sweeney Transport Plant Repairs Ltd shows a mixed picture. Cash reserves have increased dramatically, rising by 7,400% to £39,000—a very positive sign. However, bank borrowings have also surged by 320%, reaching £200,000, which could indicate increased investment or operating expenses. Creditors have increased by 64%, and debtors have jumped by 430%, suggesting a need to manage cash flow carefully. 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 flexibility, but the increased debt needs to be monitored. There's no mention of an auditor, likely due to the company’s exemption as a small entity.

Overall, Sweeney Transport Plant Repairs Ltd seems to be growing, but needs to keep a close eye on its debt levels. The significant increase in cash reserves is encouraging, but the rising borrowings could pose a challenge in the long run.

Registered in England/Wales under the registration number 12711881, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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