Ramsay & Jackson Limited

Ramsay & Jackson Ltd is a large, active company established 19 years ago, operating from Knowehead Works in Mauchline, Scotland. With 24 employees and £8,543,726 in assets, the family-run business generates £13,890,165 in yearly revenue. It’s a well-regarded operation, boasting a 5.0 Google rating from 30 reviews, and is a regular importer of vehicles, parts, and accessories (excluding trains and trams), with recent activity recorded in December 2024. The company has three directors and four owners, and is managed by Neil and Billy Ramsay, sons of the original partners.

The company’s website showcases Ramsay & Jackson Ltd as Ayrshire’s premier agricultural engineers, selling and repairing machinery and related products. It’s clear the business has a long history, tracing back to the early 1940s when it began as a threshing contracting service. Today, it offers a wide range of new and used equipment from brands like Case IH, Honda, and Merlo, alongside telehandler attachments and machinery. The website also features news and vacancies, and encourages visitors to sign up for a newsletter.

Financially, Ramsay & Jackson Ltd’s recent performance shows some concerning trends. While cash bank on hand increased by 30% to £3.4 million, net assets declined by 8.1% to £6.2 million. Bank borrowings increased by 72% to £3.2 million, and creditors rose sharply by 29% to £1.7 million. This suggests the company is taking on more debt, which could be a risk. The company’s turnover remained consistent at £14 million, but losses deepened by 12% to £490,000. Despite this, trade debtors decreased by 3.2%, indicating improved debt collection. The company is not audited, so the figures are unaudited.

It’s likely the company is investing in growth, perhaps expanding its product range or improving its facilities. However, the increased debt and losses warrant close monitoring. The firm's long history and strong reputation should help it navigate these challenges, but careful financial management will be crucial for its continued success.

Registered in Scotland under the registration number SC298598, with a registered address at KA5 6EY, Knowehead Works, Mauchline.

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