Company Overview
David Mckay Brown (Gunmakers) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 02 October 1985, so this is a well established company. David Mckay Brown (Gunmakers) Limited has been in business for 40 years and 6 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

Ugie Lodge Mill Of Rora, Longside, Peterhead, AB42 4UB
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Companies House Data
Company NameDAVID MCKAY BROWN (GUNMAKERS) LIMITED
Company NumberSC095437
Registered Office AddressUgie Lodge Mill Of Rora
 Longside
 AB42 4UB
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date02/10/1985
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2025
Accounts Last Made Up Date31/03/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date26/09/2016
Returns Last Made Up Date29/08/2015
Directors & Members
Show Resigned
Grant Buchan - Director
(British, 48 years old, born May 1978)
Appointed 23 December 2021
 Active
David Buchan - Director
(British, 72 years old, born October 1954)
Appointed 23 December 2021
 Active
Secretaries
Show Resigned
Other Company Directorships
Grant Buchan
BUCHAN GROUP HOLDINGS SCOTLAND LTD
BUCHAN GUNS LTD.
MCKAY BROWN GUNMAKERS LTD
David Buchan
BUCHAN BROTHERS LIMITED
BUCHAN GUNS LTD.
BUCHAN HOMES LIMITED
BUCHAN PROPERTIES (NEWMACHAR) LTD
BUCHAN PROPERTY HOLDINGS LTD
GORDON SAWMILLS LIMITED
MELDRUM HOUSE ESTATES LIMITED
MELDRUM HOUSE GOLF COMPANY LTD.
MELDRUM HOUSE HOTEL LIMITED
RON SHANKS ASSOCIATES LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets - - 690,577
Current Assets - - 734,007
Creditors Due Within One Year 754,514 754,514 164,863
Working Cap - - 569,144
Total Assets Less Current Liabilities 142,711 142,711 1,259,721
Long-term Liabilities 0 0 0
Net Assets 142,711 142,711 1,259,721
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 142,711 142,711 1,259,721
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets - - 48.5%
Stocks Inventory - - -
Debtors 25.1% 25.1% 5.5%
Cash Bank In Hand 74.9% 74.9% 44.2%
Current Assets - - 51.5%
Creditors Due Within One Year 84.1% 84.1% 11.6%
Net Current Assets Liabilities - - 40.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 15.9% 15.9% 88.4%
Capital Employed - - -
Total Assets Less Current Liabilities 15.9% 15.9% 88.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Liquidity Ratio -1.0 -1.0 4.5
Solvency Ratio 1.2 1.2 8.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2024 31-Mar-2022 31-Mar-2021
Assets 897,225 897,225 1,424,584
Debt 754,514 754,514 164,863
Net Assets/Debt 142,711 142,711 1,259,721

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.As at the balance sheet date current liquid assets were slightly less than short term debt. We would normally view a company broadly neutrally for this. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around AB42 4UB
BUCHAN GUNS LTD.
UGIE LODGE MILL OF RORA, LONGSIDE, PETERHEAD, ABERDEENSHIRE, AB42 4UB
Document Filings
Confirmation statement made on 29 August 2025 with no updates
Termination of appointment of Vera Bettinsoli as a secretary on 31 January 2025
Confirmation statement made on 29 August 2024 with no updates
Confirmation statement made on 29 August 2023 with updates
Notification of Buchan Guns Ltd. as a person with significant control on 23 December 2021
Cessation of David Mckay Brown as a person with significant control on 23 December 2021
Previous accounting period shortened from 30 April 2022 to 31 March 2022
Change of details for Mr David Mckay Brown as a person with significant control on 6 April 2016
Confirmation statement made on 29 August 2022 with updates
Registration of charge SC0954370002, created on 23 December 2021
Appointment of Ms Vera Bettinsoli as a secretary on 23 December 2021
Termination of appointment of Elaine Alexandra Brown as a director on 23 December 2021
Appointment of Mr David Ian Buchan as a director on 23 December 2021
Termination of appointment of David Mckay Brown as a director on 23 December 2021
Appointment of Mr Grant Buchan as a director on 23 December 2021
Registered office address changed from 32 Hamilton Road Bothwell Lanarkshire G71 8NA to Ugie Lodge Mill of Rora Longside Peterhead AB42 4UB on 6 January 2022
Termination of appointment of Elaine Alexandra Brown as a secretary on 23 December 2021
Confirmation statement made on 29 August 2021 with no updates
Satisfaction of charge 1 in full
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