Gray & Adams (dunfermline) Limited

Gray & Adams (Dunfermline) Limited, a large company established 41 years ago in 1983, is a key player in trailer and semi-trailer manufacturing. With 77 employees and £13,744,986 in assets, the active company operates from a real address in Fraserburgh and is overseen by five directors and one owner. Its Google rating stands at a respectable 4.0 based on 11 reviews. The company is a irregular importer, primarily dealing with vehicles, parts, and accessories, with its last import operation recorded two months ago.

The company’s website showcases a diverse range of products, from single deck trailers to blast-freezers and custodial vehicles, catering to various sectors. It emphasizes engineering excellence and innovation, highlighting bespoke solutions and industry-leading quality. The site also features customer testimonials praising Gray & Adams's expertise and commitment to service. It’s clear that Gray & Adams is focused on building relationships and providing tailored solutions, rather than a purely transactional e-commerce model.

Financially, Gray & Adams (Dunfermline) Limited demonstrates a mixed picture. While net assets increased by a healthy 36% to £6.6 million, cash reserves remained relatively stable at £1.4 million. However, bank borrowings surged by a significant 89% to £150,000, and trade debtors rose by 170% to £6.2 million, suggesting potential challenges in collecting payments. The company’s average number of employees increased by 13% to 87, which could be a sign of growth or increased operational demands. Although no auditor is mentioned, the financial statements were audited by Johnston Carmichael LLP. The company’s continued investment in its workforce and product range, despite the increase in debt, suggests a confidence in its long-term prospects, but the need to manage working capital effectively will be crucial.

Registered in Scotland under the registration number SC082971, with a registered address at AB43 9HU, South Road, Fraserburgh.

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