G.a. Engineering (scotland) Ltd.

G.a. Engineering (Scotland) Ltd, based in Aberdeen, UK, is a large, holding company with an active status. Founded 27 years ago in 1997, the company employs 29 people and holds assets worth £2,650,057. While registered at a physical address, it's likely a virtual one, as 24 companies share the same address. The company is overseen by three directors and one owner, and currently holds a Google rating of 1.0 based on just one review. It operates as an irregular importer and exporter of machinery, boilers, and mechanical appliances; parts, with recent activity recorded just one month ago.

The company’s website, while not providing detailed e-commerce functionality, does offer a professional online presence, highlighting its precision engineering services primarily for the oil and gas industry. It emphasizes quality and expertise, suggesting a B2B focus rather than direct consumer sales.

Financially, G.a. Engineering (Scotland) Ltd shows a mixed picture. Current assets increased by a significant 60% to £2,700,000, while net losses deepened to -£3,000,000. Bank borrowings increased substantially, reaching £770,000, and cash reserves rose to £76,000. Trade debtors increased by 80%, suggesting a potential issue with customer payments, and creditors also rose, indicating increased short-term liabilities. The company’s large size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and over 250 employees) suggests a substantial operation, but the increased debt and losses are concerning. The company’s financial statements were audited by Johnston Carmichael LLP.

In conclusion, G.a. Engineering (Scotland) Ltd appears to be a sizable engineering firm facing financial pressures despite its strong asset base. Whether it can sustain its operations and continue to serve the oil and gas industry remains to be seen.

Registered in Scotland under the registration number SC177564, with a registered address at AB10 6SD, Scotland, Aberdeen, Brodies House, 31-33 Union Grove.

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