Claymore Homes Limited

Claymore Homes Limited is a large, active company based in Aberdeenshire, UK, established eighteen years ago. With sixty-five employees and a substantial asset base of £24.48 million, the company operates as a holding company and is involved in the construction of commercial buildings. Yearly revenue reached £13.06 million. The company has six directors and one owner, and regularly imports furniture, lighting, and prefabricated buildings, with the last import operation occurring in June 2024.

The company’s website showcases a range of new homes across the North East of Scotland, with developments in Memsie, Oldmeldrum, Peterhead, Cruden Bay, Cairnbulg, and St. Combs. Claymore Homes offers a variety of house types, from three to six bedrooms, priced between £300,000 and £700,000. The website highlights the availability of “ready-made homes” – a selection of finished properties – and encourages customers to explore customization options. A section on “quality craftsmanship and design” emphasizes the company’s commitment to building homes to the highest standards.

Financially, Claymore Homes shows a mixed picture. Accrued liabilities decreased by 4.1%, while accumulated depreciation increased significantly, particularly in leased assets. Administrative expenses decreased by 30%, which is a positive sign. However, bank borrowings surged by 130%, reaching £7.5 million, and net assets dropped by 19%, settling at £7.5 million. The company's turnover decreased by 35%, to £13 million. The company’s auditor is Bain Henry Reid. The decrease in turnover could be due to a slowdown in the housing market, but the increase in bank borrowings suggests the company is investing in future growth. The company's small size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) helps it stay agile, but the equity drop raises questions.

Registered in Scotland under the registration number SC315255, with a registered address at AB42 5BP, United Kingdom, Aberdeenshire, Aden Business Park Newlands Road, Mintlaw.

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