Buccaneer Limited

Buccaneer Limited, based in Macduff, UK, is a small, active family business established 22 years ago. Employing nine people, the company holds £531,489 in assets and operates from a real address. With three directors and two owners, Buccaneer Limited is a regular importer of electrical machinery and equipment, having imported for 86 months, with the last import occurring in January 2025. It also exports optical and medical tools and devices, though less frequently, with just four months of export activity recorded up to November 2024.

The company’s website, buccaneermarine.com, reveals a focus on marine supplies, ROV equipment, and related services. It acts as an authorised service centre and dealer for leading brands like Suzuki and Raymarine, catering to maritime professionals, offshore energy workers, and recreational boat owners. The site highlights a wide range of products, from engines and electronics to safety gear, and offers trade-ins and brokerage services. It's clear that the company is dedicated to providing comprehensive marine solutions, with a focus on customer support and expertise.

Financially, Buccaneer Limited’s recent performance presents a mixed picture. Cash bank on hand has decreased by 63%, dropping to £13,000, while bank borrowings have increased significantly, rising 440% to £36,000. Creditors have also increased, reaching £350,000, although trade debtors have risen by a substantial 63%. Net assets have fallen by 9.7%, settling at £190,000. The company’s small size (meeting two of three conditions for a small company) means it avoids an audit, and the figures are unaudited. Despite the decrease in assets, the company's ability to secure bank borrowings suggests ongoing operational activity. The increase in debtors could be a sign of extended credit terms or delayed payments, which could impact future cash flow.

Registered in Scotland under the registration number SC237481, with a registered address at AB44 1UJ, Macduff, Banffshire, Buccaneer House, 4 Union Road.

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