Lamond & Murray Limited

Lamond & Murray Limited, based in Fife, UK, is a small, holding company with an active status, celebrating 43 years in operation. Employing 33 individuals, the company holds assets totaling £2,474,712 and operates from a real address in Inverkeithing. Seven directors and one owner guide the company, which has been a regular importer of iron or steel products for 53 months and a regular exporter of machinery, boilers, and mechanical appliances; parts for 27 months.

The company's core business revolves around the manufacture of bearings, gears, and driving elements, serving as a subcontract gear manufacturer. Its website highlights capabilities like double helical gear production, hobbing up to 2.5 metres, and gearbox refurbishment. They offer a wide range of gear types, including spur, bevel, and worm gears, catering to diverse industrial needs. The company also provides services like gear grinding, reverse engineering, and gear design, emphasizing a commitment to quality and customer solutions.

Financially, Lamond & Murray Limited shows a mixed picture. Net assets increased by 8.7% to £2,500,000, while cash reserves grew significantly by 89% to £650,000. Trade debtors increased by 25%, suggesting potentially delayed customer payments. However, bank borrowings decreased by 33%, which is a positive sign. Creditors decreased by 24%, indicating improved debt management. The company’s small size—meeting two of three criteria for being a small company—allows for agility. The accounts are unaudited, which is common for companies of this size.

The company’s financial trends suggest a period of growth and improved financial health, despite some challenges with customer payments. The increase in cash reserves and decrease in bank borrowings are particularly encouraging. The absence of a named auditor reflects the company’s exemption as a small entity, relying on director-reported data.

Registered in Scotland under the registration number SC075386, with a registered address at KY11 1HT, Fife, Burnside, Inverkeithing.

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