Fraser & Macdonald (electric Motors) Limited
- Small
- Active
- 56 years
- 8 employees
- £4,174,659 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Solo founder
- Rating 5.0 (6)
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
Phones
Summary
Fraser & Macdonald (Electric Motors) Limited, based in Glasgow, UK, is a small, active company with a 55-year history. Founded in 7th July 1969, it employs eight people and holds £4,174,659 in assets. The company operates from a real address and is led by a single director and owner, who is also the solo founder. It enjoys a stellar 5.0 Google rating based on six reviews. Fraser & Macdonald is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import operation recorded in July 2022.
The company's website highlights its position as a leading drives company, offering a wide range of services from electric motor repairs to complete drive train installations. They cater to various industries, providing sales, repairs, and condition monitoring services, including thermographic imaging and vibration analysis. The website clearly emphasizes reliability and intelligent solutions, positioning Fraser & Macdonald as a one-stop shop for all drive-related needs.
Financially, Fraser & Macdonald shows a mixed picture. Cash reserves increased significantly by 40%, reaching £1.2 million, which is a positive sign. However, creditors also rose by 39%, reaching £880,000, which could indicate increased reliance on short-term financing. Net assets grew by 7.5% to £3.7 million, and current assets increased by 15% to £4.2 million. Bank borrowings are not mentioned. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the rise in creditors warrants monitoring. As a small company, it is exempt from an audit, so the figures are unaudited. Overall, Fraser & Macdonald appears to be financially stable, but it's important to keep an eye on its debt levels.
Registered in Scotland under the registration number SC046742, with a registered address at G51 2RN, Glasgow, 176 Woodville Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Total exemption full accounts made up to 2024-05-31Download 13 pages pdf report
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Confirmation statement made on 2024-12-29 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-05-31Download 13 pages pdf report
Importer profile by HS codes
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