R.d. Downie Limited

Rd Downie Ltd from Fraserburgh UK: small company, active status, founded 18 years ago, 23 employees, real address, 4 directors, 2 owners, family business, google rating 5.0 based on 5 reviews. Regular importer of electrical machinery and equipment (4 months imported). It’s a small, family-run business with a strong local presence, operating in the repair and maintenance of ships and boats. Founded eighteen years ago, the company employs twenty-three people and holds £390,000 in net assets. With a real registered address and four directors at the helm, it’s a well-established operation. The company’s Google rating of 5.0 from just five reviews suggests high customer satisfaction.

The company’s website is minimal, providing little insight beyond its core services. It appears to operate primarily offline, focusing on hands-on repairs and maintenance for the local fishing fleet. While the company's website doesn's reveal much, it’s clear that it’s a vital service provider in the Fraserburgh area.

Financially, Rd Downie Ltd shows a mixed picture. Cash reserves increased by 45% to £1.7 million, a positive sign of financial health. However, creditors surged by 81%, reaching £290,000, and trade debtors fell by 5.5%, indicating potential difficulties in collecting payments. Bank borrowings remain stable. 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. There’s no auditor mentioned, so the figures rely on unaudited statements.

Despite the challenges, Rd Downie Ltd appears to be a resilient business, deeply rooted in its community. Its family ownership and strong Google rating suggest a commitment to quality and customer service. Whether it can sustain its growth in a competitive market remains to be seen, but for now, it’s a steady presence in the Fraserburgh maritime industry.

Registered in Scotland under the registration number SC308594, with a registered address at AB43 9BP, Fraserburgh, Aberdeenshire, 133 Shore Street.

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