Scottech Limited in Netherton Wishaw, ML2 0ER

Description

Data updated on: 01-11-2023

SC275344 is the registration number of Scottech Limited. The firm was registered as a Private Limited Company on 2004-10-29. The firm has been active in this business for twenty years. This company could be gotten hold of in 12 Netherdale Road Netherton Industrial Estate in Netherton Wishaw. The post code assigned to this place is ML2 0ER. The firm started under the name Macrocom (896), though for the last 20 years has operated under the name Scottech Limited. This firm's principal business activity number is 25990 meaning Manufacture of other fabricated metal products n.e.c.. Monday 31st October 2022 is the last time when the accounts were reported.

Scottech Limited is a small-sized vehicle operator with the licence number OM1146407. The firm has one transport operating centre in the country. In their subsidiary in Wishaw on Netherton Industrial Estate, 1 machine is available.

With two recruitment advertisements since January 29, 2015, the firm has been a quite active employer on the employment market. On November 3, 2015, it started looking for job candidates for a full time Site Labourer post in Wishaw, and on January 29, 2015, for the vacant post of a full time Aluminium Window Door Fabricator in Wishaw.

At the moment, we can name a solitary managing director in the company: Sampson M. (since 2004-12-13). This firm had been governed by Mary M. until February 2020. As a follow-up a different director, specifically James M. gave up the position 19 years ago. To support the directors in their duties, the firm has been using the skills of Sampson M. as a secretary since December 2004.

Previous company's names
Scottech Limited 2004-12-22
Macrocom (896) Limited 2004-10-29

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31
Currency
Net Worth	152 543	193 927	236 778

Balance Sheet
Cash Bank On Hand			21 151	67 986	74 190	244 676	374 840	107 127	255 648
Current Assets	529 666	623 402	770 339	659 741	1 029 234	1 309 160	1 363 358	1 433 472	1 448 109
Debtors	495 458	414 452	694 188	531 755	709 570	753 388	603 287	992 855	800 212
Net Assets Liabilities			236 777	266 660	337 133	411 643	445 271	470 212	476 011
Other Debtors			292 732	386 624	346 246	696 278	-300	4 025	656 293
Property Plant Equipment			135 048	130 347	120 449	122 553	89 160	99 029	108 810
Total Inventories			55 000	60 000	245 474	311 096	385 231	333 490	392 249
Cash Bank In Hand	24 208	183 950	21 151
Net Assets Liabilities Including Pension Asset Liability	152 543	193 927	236 778
Stocks Inventory	10 000	25 000	55 000
Tangible Fixed Assets	42 545	39 851	135 050

Capital & Reserves
Called Up Share Capital	150 000	150 000	150 000
Profit Loss Account Reserve	2 543	43 927	86 778
Shareholder Funds	152 543	193 927	236 778

Other Financial Data
Accrued Income							575 000	793 238
Accumulated Depreciation Impairment Property Plant Equipment			121 347	145 410	178 627	202 912	223 139	237 698	248 578
Additions Other Than Through Business Combinations Property Plant Equipment				46 659	26 315	45 691	329	44 085	56 401
Amounts Owed To Related Parties			82 778	60 778	197 938	308 523	335 261
Average Number Employees During Period				25	28	30	25	25	26
Bank Borrowings							137 885	111 935	83 504
Bank Overdrafts					321
Comprehensive Income Expense			42 851	29 883
Creditors			53 227	59 508	49 852	50 072	160 846	136 055	123 154
Decrease In Loans Owed To Related Parties Due To Loans Repaid						-56 415	-123 262
Disposals Decrease In Depreciation Impairment Property Plant Equipment				-14 211	-2 102	-13 766	-9 225	-14 942	-22 586
Disposals Property Plant Equipment				-27 297	-2 996	-19 302	-13 495	-19 657	-35 740
Finance Lease Liabilities Present Value Total			53 227	59 508	49 852	50 072	22 961	24 120	39 650
Financial Commitments Other Than Capital Commitments									3 084
Income From Related Parties								47 520	72 400
Increase From Depreciation Charge For Year Property Plant Equipment				38 274	35 319	38 051	29 451	29 501	33 466
Increase In Loans Owed To Related Parties Due To Loans Advanced						167 000	150 000	35 148	37 572
Loans Owed To Related Parties					197 938	308 523	185 261	220 409	257 981
Net Current Assets Liabilities	250 919	328 839	254 238	213 367	282 775	353 158	525 166	517 846	503 314
Other Creditors			9 425	14 670	33 840	33 220	27 742	237 301	266 454
Other Inventories			55 000	20 000	20 000	80 000	80 000	90 000	74 600
Payments To Related Parties									11 000
Prepayments				624	887	1 302	954
Profit Loss			42 851	29 883
Property Plant Equipment Gross Cost			256 395	275 757	299 076	325 465	312 299	336 727	357 388
Provisions For Liabilities Balance Sheet Subtotal			16 506	17 546	16 239	13 996	8 209	10 608	12 959
Taxation Social Security Payable			39 479	49 298	72 841	128 223	155 732	-11 068	24 780
Total Assets Less Current Liabilities	293 464	368 690	389 288	343 714	403 224	475 711	476 441	616 875	612 124
Total Borrowings			53 227	59 508	49 852	50 072	22 961	136 055	123 154
Trade Creditors Trade Payables			449 064	297 597	415 908	450 599	430 231	637 460	600 859
Trade Debtors Trade Receivables			401 457	185 131	362 437	55 808	27 633	195 592	143 919
Work In Progress				40 000	225 474	231 096	305 231	243 490	317 649
Creditors Due After One Year	136 097	169 797	136 004
Creditors Due Within One Year	278 747	294 563	516 101
Fixed Assets	42 545	39 851	135 050
Number Shares Allotted	150 000	150 000	150 000
Par Value Share		1	1
Provisions For Liabilities Charges	4 824	4 966	16 506
Value Shares Allotted	150 000	150 000	150 000