John Aird & Company Limited

John Aird & Company Limited, based in Glasgow, UK, is a small holding company with an active status, marking its 91st year in operation. With 15 employees and £1,401,689 in assets, it’s a long-standing business, though its registered address appears to be a virtual one, shared by 21 other companies. The company is led by four directors and has one owner, and enjoys a respectable Google rating of 4.0 based on 17 reviews. It’s a regular importer, primarily of textile products, sets, used clothing, and rags, with 96 months of import activity recorded, the latest in February 2025.

The company’s website is not available, making it difficult to assess its online presence or e-commerce activities. However, the company operates in the manufacture of knitted and crocheted fabrics industries.

Financially, John Aird & Company Limited shows a mixed picture. Current assets have decreased by 25%, dropping to £1,400,000, while net assets have fallen by a more substantial 34%, reaching £950,000. Bank borrowings have decreased significantly, dropping by 100% to zero. Cash reserves have also declined by 42%, falling to £690,000. Creditors have increased by 3.4%, reaching £510,000, and trade debtors have risen by 98%, reaching £88,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in net assets suggests potential financial pressure. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements. The company is not required to deliver a profit and loss account.

The significant decrease in cash reserves, coupled with rising trade debtors, could indicate challenges in managing working capital. However, the decrease in bank borrowings is a positive sign. The company’s long history and consistent import activity suggest a degree of resilience, but the financial data warrants careful monitoring.

Registered in Scotland under the registration number SC017813, with a registered address at G1 3NQ, United Kingdom, Glasgow, 6th Floor Gordon Chambers, 90 Mitchell Street.

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