Bruce Douglas Marketing Limited

Bruce Douglas Marketing Ltd, based in Dundee’s Dunsinane Industrial Estate, is a well-established company with a strong presence in the UK plastics market. Founded nearly five decades ago in 1976, the company is active and employs 35 people, holding assets valued at £18.6 million and generating revenue of £14.4 million annually. It’s a large company, meeting two of three criteria for size: turnover exceeding £36 million and a balance sheet total over £18 million. Two directors and one owner steer the business, which currently holds a 4.0 Google rating based on six reviews.

The company’s core business revolves around the wholesale of plastics and plastic products, with a consistent record of both importing and exporting – 432 months of import activity and 151 months of export activity. It’s a regular importer and exporter. The website, Ultratape UK, positions the company as the UK’s largest independent adhesive tape supplier, specializing in business-to-business sales. They sell to merchants and distributors, boasting a massive 120,000 square feet of warehousing and a team dedicated to customer service. The site highlights a wide range of products, from retail tapes to industrial solutions, and even features a "News" section with updates on new products and community involvement.

Financially, Bruce Douglas Marketing Ltd shows a mixed picture. While cash bank on hand has increased significantly by 26% to £11 million, administrative expenses have risen by 8.3% to £630,000. Interestingly, accrued liabilities have remained relatively stable at £280,000. The company’s turnover has decreased slightly by 7%, but it’s still generating substantial revenue. The increase in current tax for the period by 82% to £620,000 could be a result of increased profitability, but it’s something to keep an eye on. The company’s bank borrowings have decreased, suggesting better financial management. The lack of an auditor mentioned, likely due to its size, means the financial information is unaudited.

Overall, Bruce Douglas Marketing Ltd appears to be a stable, well-established player in the plastics wholesale market. The company’s focus on customer service, extensive warehousing, and wide product range position it well for continued success. The slight decrease in turnover and increased tax payments are something to monitor, but the company’s strong financial position and experienced management team suggest it’s well-equipped to navigate any challenges.

Registered in Scotland under the registration number SC059670, with a registered address at DD2 3JP, Dunsinane Industrial Estate, Dundee Tayside, Unit 10,11 And 12, Block 22,Kilspindie Road.

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