George Donald (warehouseman) Limited

George Donald Warehouseman Ltd from Peterhead UK: a large, active company established 69 years ago, employs 81 people, and holds £8,476,818 in assets. Yearly revenue sits at £6,640,833, with a real address and four directors overseeing operations. Two owners, though the list isn's exhaustive, manage the business, which is a family affair and boasts a stellar 5.0 Google rating from 271 reviews. The company regularly imports furniture, lighting, and prefabricated buildings – 19 months worth, with the last import occurring in October 2024.

The company's website, Donalds Homeware, presents a vast selection of products, from clothing and toys to furniture and electrical goods. It's a sprawling online marketplace, categorized by brand, product type, and even color. The sheer volume of items suggests a broad customer base and a well-stocked warehouse. While it's clear they are a retailer, the website doesn't give a clear indication of any additional services.

Financially, George Donald Warehouseman Ltd shows a mixed bag. While cash bank on hand has increased significantly by 67%, rising to £710,000, administrative expenses have decreased by 6%, dropping to £620,000. However, the company's net assets have increased by 2.1%, reaching £9.1 million. Creditors have decreased by 16%, a positive sign of better debt management. The company’s large size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and over 250 employees) helps it maintain a strong position. The company's auditor, Bain Henry Reid, has provided an audit report.

The company's focus on importing and selling a wide range of goods suggests a resilient business model, able to adapt to changing consumer demands. However, the increase in the applicable tax rate by 26% could put pressure on profit margins. Overall, George Donald Warehouseman Ltd appears to be a stable and well-regarded company, benefiting from its long history and strong reputation.

Registered in Scotland under the registration number SC031200, with a registered address at AB42 1DS, Peterhead, 7 St Andrew Street.

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