Alistair Young Engineering Limited

Alistair Young Engineering Ltd from Forres UK: a small, active company founded 25 years ago, employs 16 people, and holds £1,317,494 in assets. It's a real address with five directors and one owner, boasting a perfect 5.0 Google rating based on three reviews. The company regularly imports machinery, boilers, and mechanical appliances; parts, with the latest import activity recorded seven months ago.

The company operates as a farm machinery supplier, offering sales and service throughout Scotland. Its website highlights a range of franchises, new and used machinery, and a fully stocked parts department. They also provide servicing and breakdown recovery, catering to both sales and maintenance needs. A key feature is their focus on expertise and family-run business with over 43 years of experience. Currently, they are promoting Sparex Connix Plus LED Lights, offering a discounted price for a limited time. The website also features news and promotions, emphasizing their role as trusted suppliers of farm machinery.

Financially, Alistair Young Engineering Ltd shows some interesting trends. Current assets increased by 30% to £1,300,000, while net assets remained stable at £1,200,000. Cash reserves surged by 96% to £340,000, indicating improved liquidity. However, creditors increased significantly by 110% to £480,000, suggesting a greater reliance on short-term financing. Bank borrowings also increased, and trade debtors decreased, potentially reflecting a shift in payment terms. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the increase in creditors warrants close monitoring. As a small company, it's exempt from an audit, so the financial information is unaudited.

Overall, Alistair Young Engineering Ltd appears to be a stable and well-regarded business, though the increase in creditors is something to keep an eye on. The company's focus on customer service and its strong online presence position it well for continued success.

Registered in Scotland under the registration number SC203495, with a registered address at IV36 2QQ, Forres, Morayshire, The Engineering Works, Dunphail.

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