Fal Scottish Propeller Service Ltd

Fal Scottish Propeller Service Ltd, based in Buckie, UK, is a small, active company founded ten years ago. With five employees and £432,764 in assets, it’s a well-established operation. The company, which has two directors and no listed owners, operates an e-commerce site and boasts an impressive Google rating of 5.0 from eleven reviews. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances parts, with import activity spanning ten months, the last being December 2022.

The company’s website, falpropellers.co.uk, highlights its long-standing reputation—over 50 years—in the marine industry. They specialize in propeller repairs, repitching, sizing, and stocking a wide range of propellers, stern tubes, and related equipment. The site showcases testimonials from satisfied customers, praising the quality of their products and speedy delivery. It's clear that Fal Scottish Propeller Service Ltd prides itself on providing a first-class service at reasonable prices.

Financially, the company’s numbers present a mixed picture. While cash reserves increased slightly to £310,000, net assets dropped by 15% to £240,000. Bank borrowings increased by 200% to £29,000, and trade debtors decreased by 13%, suggesting better debt management. The company’s small size (meeting two of three conditions for being a small company) allows it to remain agile, but the decline in equity is something to watch. Depreciation on plant machinery decreased by 15%, which could be a positive sign of reduced wear and tear. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Fal Scottish Propeller Service Ltd seems to be a solid, family-run business with a strong reputation. While the financials show some pressures, its long-standing experience and loyal customer base suggest it’s well-positioned to weather any challenges.

Registered in Scotland under the registration number SC497795, with a registered address at AB56 4BU, Scotland, Buckie, Moray, 1 March Road West.

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