J. Gilmour & Co. Limited

J. Gilmour & Co. Limited, based in Tranent, UK, is a small, active company founded twenty years ago in 2004. With forty-two employees and £3,651,121 in assets, it’s a well-established operation. The company operates from a real address and is led by three directors, with Gilmour Teena Forbes as the sole owner. It runs an e-commerce site and is an irregular importer, primarily dealing with optical and medical tools and devices, with the last import recorded in November 01, 2024.

The company’s core business involves processing and preserving meat, producing meat and poultry products, and wholesale and retail sales via mail order and internet. It’s a relatively small business, meeting two of three criteria for a small company: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than fifty employees. The company’s website is unavailable for review.

Financially, J. Gilmour & Co. Limited shows a mixed picture. Net assets grew by 17%, reaching £2 million, while cash reserves plummeted 98%, leaving just £13,000. Bank borrowings increased by 18%, reaching £1.5 million, and cash reserves fell 98% to £13,000. Trade debtors increased by 41%, suggesting potential issues with customer payments. Creditors also rose significantly, by 63%, which could indicate increased reliance on supplier credit. The company’s average number of employees increased by 14%, to 48. Despite the growth in employees, the significant drop in cash reserves and the rise in bank borrowings suggest the company might be burning through cash faster than it’s generating revenue. There's no mention of an auditor, which is common for small, exempt companies. The company’s financial data is unaudited.

Registered in Scotland under the registration number SC268649, with a registered address at EH33 2AJ, Tranent, East Lothian, The Industrial Building Penston, Macmerry.

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