GILLIES & MACKAY LIMITED Financials
- Company number
- SC237291CopyCopy
- Registered office
- Gillies And Mackay Ltd East Inchmichael, Station Road, Errol, Perthshire PH2 7SP
- Incorporated
- 24/09/2002
Company snapshot
- Status
- Active
- Employees
- 23 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-32.82%vs 20242024: £89.89K
Total Assets
25.48%vs 20242024: £441.04K
Cash in Bank
62.41%vs 20242024: £141.05K
Total Liabilities
50.56%vs 20242024: £279.75K
Employees
+2vs 20242024: 21
In 2025, GILLIES & MACKAY LIMITED reported net assets of £60.39K. The same filing shows total assets of £553.40K, cash in bank of £229.08K and total liabilities of £421.17K. Reported headcount was 23 in 2025. Total Liabilities rose from £279.75K in 2024 to £421.17K in 2025 (50.56%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-32.82%from £89.89K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures GILLIES & MACKAY LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-31.7%vs 2023-17.4% a year compound (CAGR)
Cash in Bank
-14.5%vs 2023-7.6% a year compound (CAGR)
Total Assets
-9.1%vs 2023-4.7% a year compound (CAGR)
Total Liabilities
+1.8%vs 2023+0.9% a year compound (CAGR)
Employees
+15%vs 2023+3Biggest increase
Employees+15%
20 in 2023 to 23 in 2025
Biggest decrease
Net Assets-31.7%
£88.41K in 2023 to £60.39K in 2025
GILLIES & MACKAY LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GILLIES & MACKAY LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 10.91%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 76.11%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 54.39%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 41.39%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for GILLIES & MACKAY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 86.25K | 171.83K | 88.41K | 89.89K | 60.39K |
| Total Assets£ | 539.65K | 674.02K | 608.98K | 441.04K | 553.40K |
| Cash in Bank£ | 393.62K | 317.72K | 268.04K | 141.05K | 229.08K |
| Total Liabilities£ | 404.60K | 378.62K | 413.52K | 279.75K | 421.17K |
| Employees | 14 | 0 | 20 | 21 | 23 |
GILLIES & MACKAY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GILLIES & MACKAY LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
GILLIES & MACKAY LIMITED reported net assets of £60.39K for 2025. That compares with £89.89K in 2024, a change of -32.82%.
GILLIES & MACKAY LIMITED reported total assets of £553.40K for 2025. That compares with £441.04K in 2024, a change of 25.48%.
GILLIES & MACKAY LIMITED reported cash in bank of £229.08K for 2025. That compares with £141.05K in 2024, a change of 62.41%.
GILLIES & MACKAY LIMITED reported 23 employees in 2025, compared with 21 in 2024.
Between 2023 and 2025, GILLIES & MACKAY LIMITED's net assets fell by 31.7%, cash in bank fell by 14.5%, total assets fell by 9.1% and total liabilities rose by 1.8%. Net assets contracted at 17.4% a year across the two years to 2025, from £88.41K to £60.39K. Reported headcount went from 20 in 2023 to 23 in 2025 (+3).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.