Angus F. Gunn Limited

Angus F. Gunn Ltd, based in Airdrie, UK, is a small, active holding company established 66 years ago. Employing 25 people and holding assets of £5,051,608, the company operates from a real address and is overseen by five directors and a single owner. It’s a regular importer of iron and steel, with 37 months of import activity recorded, and an irregular exporter, with just one month of export activity in December 2024.

The company’s website reveals it’s a steel supplier specializing in processing and forming metal structures. It boasts a range of advanced machinery, including plate processing centres, cutting machines, and press brakes, and offers a wide selection of structural steel, stainless steel, and pressure vessel steel. The site highlights its commitment to quality, with certifications and a focus on customer service, and even includes testimonials from satisfied clients. It’s clear Angus F. Gunn Ltd aims to be a comprehensive partner for engineering and fabrication sectors.

Financially, the company shows a mixed picture. Cash reserves increased significantly by 84%, reaching £2,900,000—a positive sign of liquidity. However, trade debtors decreased by 24%, falling to £1,500,000, suggesting potential issues with customer payments. Creditors also declined, dropping 17% to £630,000. Net assets increased by 24%, reaching £3,400,000, which is good. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the fluctuations in debtor and creditor balances warrant close monitoring. No auditor is mentioned, indicating the accounts are unaudited.

The recent acquisition of the company by Barclay & Mathieson Limited, whose ultimate parent is Maurbeni-Itochu Steel Inc., is a notable development. Whether this change in ownership will lead to increased investment or operational adjustments remains to be seen, but it certainly adds another layer of complexity to Angus F. Gunn Ltd’s story.

Registered in Scotland under the registration number SC033190, with a registered address at ML6 7UD, Airdrie, Lanarkshire, Dalmacoulter Road, Stirling Road Industrial Estate.

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