Hamilton Bros. (engineering) Limited

Hamilton Bros. (engineering) Limited, a large company with an active status, has been a fixture in the UK engineering landscape for 45 years. Founded in 1979, the Lanark-based firm employs 114 people and boasts substantial assets of £22,264,560, generating a yearly revenue of £38,290,604. The company, with four directors and one owner, maintains a real address and enjoys a respectable Google rating of 4.0 based on 102 reviews. A regular importer of aluminum and aluminum products, its last import operation was conducted in June 2024.

Hamilton Bros. operates as a leading supplier of agricultural, construction, garden power, groundcare, and forestry arb machinery, as well as animal health products across central Scotland. The company's website highlights its diverse range of products and services, including sales, repairs, and parts, catering to a broad customer base. It also has a career section, with several open positions available.

Financially, the company’s picture is mixed. While turnover increased by 13%, to £38,290,604, net assets decreased by 11%, to £6,600,000. Bank borrowings increased significantly, by 21%, reaching £9,300,000, while cash reserves fell by 16%, to £100,000. Creditors also increased, by 19%, to £17,000,000. The company’s small size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) helps it stay agile, but the equity drop suggests potential financial pressures. The company's financial statements were audited by Azets Audit Services.

The increase in bank borrowings, coupled with the decrease in cash reserves, could indicate a period of investment or expansion, but it also warrants close monitoring. The company’s reliance on a single owner, while potentially streamlining decision-making, could also create vulnerabilities. Overall, Hamilton Bros. (engineering) Limited appears to be a stable, established business navigating the challenges of a competitive market, with a focus on providing comprehensive services to its customers.

Registered in Scotland under the registration number SC069174, with a registered address at ML11 7DZ, St Leonard Street, Lanark.

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