# JAMES MCGOWAN ENGINEERING LIMITED (SC057956)

> JAMES MCGOWAN ENGINEERING LIMITED is an active private limited company (company number SC057956) incorporated on 19 June 1975, registered in Glasgow. Its registered activity is manufacture of lifting and handling equipment (SIC 28220). Latest small accounts cover the period ending 31 May 2025, showing net assets of £1.95m and cash of £1.34m, with 32 employees on average. Net assets rose 34% on the prior period (£1.45m).

- Status: Active
- Incorporated: 1975-06-19
- Registered office: Glasgow, G72 8XN
- SIC 28220: Manufacture of lifting and handling equipment
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-07-03
- Accounts type: SMALL

By net assets it sits in the top quarter of 572 comparable companies in the UK (median £65k, upper quartile £501k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £1.95m | £1.34m | £1.63m | £1.54m | — | — | 32 |
| 2024-05-31 | £1.45m | £1.79m | £1.10m | £1.88m | — | — | 27 |

current ratio 2.05; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £1,948,007 at 31 May 2025
- Net assets up 10% or more on the prior period: +34.4% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.05
- Cash at bank of £50,000 or more: Cash £1,338,303
- Incorporated five or more years ago: Incorporated 19 June 1975

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mmnr Limited (corporate-entity) — owns 75–100% of shares, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/SC057956
HTML: https://firmoscan.com/company/SC057956-james-mcgowan-engineering-limited