Murray Duguid Limited

Murray Duguid Ltd, based in Inverurie, UK, is a small, family-run business with an active trading status. Founded 22 years ago in 2003, the company employs four people and holds £292,733 in assets. With a real registered address and two directors and owners, it’s a tight-knit operation. The firm regularly imports oil seeds and fruits used for oil, with 68 months of import activity recorded, the latest in May 2024. It has a Google rating of 5.0 based on eight reviews.

The company operates in the growing of cereals, leguminous crops and oil seeds industries, and its website, sandymurrayduguid.co.uk, highlights its role as a seed merchant serving Aberdeenshire. They offer a wide range of agricultural products, including fodder crops, amenity seeds, and vegetable seeds, and even offer free seed fertiliser spreader hire for domestic users. They also have a showroom in Oldmeldrum.

Financially, Murray Duguid Ltd shows some concerning trends. Creditors increased by 10%, reaching £310,000, while net assets only increased slightly to £430,000. Bank borrowings surged by 55%, reaching £100,000, and cash reserves fell 12% to £290,000. Despite these pressures, trade debtors increased by 23%, suggesting better customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in bank borrowings raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Murray Duguid Ltd is holding steady but facing financial pressures. The company’s focus on quality seeds and customer service, combined with its family ownership, positions it well for the long term—but managing debt will be key.

Registered in Scotland under the registration number SC245063, with a registered address at AB51 0GN, Scotland, Inverurie, Aberdeenshire, Unit 7 Meadows Industrial Estate, Oldmeldrum.

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