Buchan Guns Ltd.
- Small
- Active
- 14 years
- 6 employees
- Real address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Buchan Guns Ltd from Peterhead UK: small company, active status, founded 14 years ago, 6 employees, real address, 2 directors, 1 owner, solo founder. Regular importer of electrical machinery and equipment (4 months imported). Regular exporter of weapons and ammunition (8 months exported). It’s a small, family-run business with a real registered address and two directors, operating in a niche market. Founded in 2011, the company employs six people and holds £336,142 in assets.
The company’s core business involves the manufacture, repair, and servicing of firearms. It's a tight-knit operation, with a single owner and director, Grant Buchan, at the helm. The company's website details a focus on high-quality firearms and related services, catering to a specialized clientele. While primarily focused on firearms, the company also imports electrical machinery and equipment for four months, and exports weapons and ammunition for eight months. The last export operation took place in October 2024.
Financially, Buchan Guns Ltd shows mixed signals. Current assets dropped by 24% to £340,000, while net assets plummeted 73% to just £16,000—a significant decline. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. On the upside, creditors decreased by 0.18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
In short, Buchan Guns Ltd is holding steady but facing pressures. The company's financial results suggest it’s burning through money, with losses increasing and cash reserves dwindling. It’s a small business navigating a specialized market, and its future depends on maintaining its customer base and managing its finances carefully.
Registered in Scotland under the registration number SC396077, with a registered address at AB42 4UB, Peterhead, Aberdeenshire, Ugie Lodge Mill Of Rora, Longside.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Buchan Grant
- 7 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Buchan David Ian
- 3 years
- 4
-
Resident of United Kingdom
-
Individual
- Buchan Grant
- 14 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 10 pages pdf report
-
Confirmation statement made on 2024-10-11 with updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-03-31Download 9 pages pdf report
Buchan Guns Ltd. controls
Owns & Controls
-
Corporate
- David Mckay Brown (gunmakers) Limited
- 3 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Buchan Guns Ltd.
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