# MACDUFF SHIPYARDS LIMITED (SC063241)

> MACDUFF SHIPYARDS LIMITED is an active private limited company (company number SC063241) incorporated on 10 October 1977. Its registered activity is building of ships and floating structures (SIC 30110). Latest full accounts cover the period ending 28 February 2025, showing net assets of £23.30m and cash of £9.87m, with 212 employees on average. Net assets rose 12% on the prior period (£20.78m).

- Status: Active
- Incorporated: 1977-10-10
- Registered office: AB44 1QT
- SIC 30110: Building of ships and floating structures
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-10-24
- Accounts type: FULL

By net assets it sits in the top quarter of 302 comparable companies in the UK (median £1,004, upper quartile £77k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £23.30m | £9.87m | £7.72m | £7.27m | — | £2.58m | 212 |
| 2024-02-29 | £20.78m | £8.04m | £6.96m | £6.11m | — | £2.03m | 216 |
| 2023-02-28 | — | — | — | — | — | — | — |

current ratio 3.15; size band medium.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £23,302,493 at 28 February 2025
- Net assets up 10% or more on the prior period: +12.1% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 3.15
- Cash at bank of £50,000 or more: Cash £9,867,028
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 10 October 1977

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr John Watt — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-11-23

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/SC063241
HTML: https://firmoscan.com/company/SC063241-macduff-shipyards-limited