Msd Design Limited

Msd Design Ltd, based in East Tullos, Aberdeen, UK, is a small holding company with an active status, celebrating 30 years since its founding in 1995. The company employs six people and holds £1,446,642 in assets. With two directors and one owner, it maintains a real registered address and boasts a respectable Google rating of 4.0 based on three reviews. It’s an irregular importer of basic metal tools and utensils (imported for one month) but a regular exporter of iron or steel products (exported for three months).

The company’s website reveals a focus on marine steelwork design and installation, serving industries worldwide. They offer services ranging from survey and design to manufacture and installation, catering to oil & gas, civil engineering, and rail sectors. They provide solutions like structural steel, GRP tank covers, and even bespoke composite steel structures. A separate division, GRP Aberdeen Ltd, highlights over a century of combined experience in composite engineering, offering specialist design and manufacturing services. The website also mentions recruiting opportunities and links to their sister company, GRP Aberdeen Ltd.

Financially, Msd Design Ltd’s report shows some interesting trends. Current assets have increased by a substantial 39%, reaching £1.4 million, while net assets have seen a significant jump of 86%, hitting £650,000. However, bank borrowings have decreased by 29%, and cash reserves have fallen by 15%. Creditors have increased by 19%, and trade debtors have risen by a staggering 64%. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the increase in debtors could be a cause for concern. The report notes a decrease in Property Plant Equipment, with Plant Machinery declining by 44%. With no auditor named, the financial statements are unaudited.

Overall, Msd Design Ltd appears to be financially stable, with growing assets and equity. However, the increase in trade debtors warrants monitoring, and the decrease in cash reserves should be considered. The company's focus on specialized engineering services and its sister company's expertise in GRP suggest a strong foundation for continued success.

Registered in Scotland under the registration number SC157423, with a registered address at AB12 3BG, East Tullos, Aberdeen, Unit 1, Logman Centre, Greenbank Crescent.

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