In any sector in the current climate, the strength of a company’s covenant is the key consideration for customers, suppliers and employees alike. Mactaggart & Mickel Group prides itself in the strength of its balance sheet, the support from its lenders and its current profitable trading performance.
A Trading profit of £3.9million represents quite a turnaround over the past 12 months. In tough conditions, we’ve maximised the available assets within the company and fully utilised our skills base. Profit isn’t the only positive story this year; with reduced borrowing and improved liquidity we remain on a firm financial footing.