SCOTT DIRECT LIMITED
Company number SC152342 · Monitor this company
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
Scott Direct Limited is a 30-year-old Grangemouth-based engineering consumables distributor that remains profitable (£140k PBT on £10.8m FY2023 revenue, with gross margin expanded to 32%) but is in structural decline, with revenue down 19% since 2020, cash below £9k, and FY2023 accounts prepared on a non-going-concern basis. A pending strike-off proposal, overdue statutory filings, wholesale board change, and a PSC register pointing to United Tooling Solutions Limited and Scott Group Investments Limited together indicate a group-driven wind-down or consolidation rather than a standalone growth story. The strategic priority is orderly realization of the £2.66m net asset base — particularly the £2.34m stock and £2.12m debtor book — while resolving compliance exposures and confirming where the trade and customer relationships are migrating within the group.
Shareholders' funds
£2,660,442
Balance sheet as at 2023-12-31
What it does
The principal activity of the company continued to be that of the supply of engineering consumables.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1994-08-05
- Employees
- 63 (2023 accounts · was 66 in 2022)
- Registered office
- Caledon Green, Earlsgate Business Park, Grangemouth, Scotland, FK3 8TR
- Postcode
- FK3 8TR
- Capital
- 250,000 GBP
- Accounts category
- Audit Exemption Subsidiary
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30 Overdue
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-08-05
- Next due by
- 2026-08-19 Overdue
Nature of business (SIC)
- 46900 Non-specialised wholesale trade
Officers 3 current · 25 resigned
Group structure 2 subsidiaries
Controlled by UNITED TOOLING SOLUTIONS LIMITED — since 2024-03-06
Controlled by SCOTT GROUP INVESTMENTS LIMITED — since 2016-08-01
-
SCOTT DIRECT (PETERHEAD) LIMITED Active - Proposal to Strike off
From persons-with-significant-control filings on the public register.
Contact details
- Website
- scottdirect.com
Previous company names
| Name | Date changed |
|---|---|
| FASCO (ENGINEERS SUPPLY) LIMITED | 2011-06-02 |
| FASCO DISTRIBUTION LIMITED | 1998-07-30 |
| M M & S (2220) LIMITED | 1994-09-30 |
Previous registered addresses 4
| Address | Changed on |
|---|---|
| FORTIES CAMPUS, ROSYTH EUROPARC, ROSYTH, FIFE, KY11 2XS | 2009-05-22 |
| UNIT 23, 9 MUNRO ROAD, SPRINGKERSE INDUSTRIAL ESTATE, STIRLING, FK7 7UU | 2007-09-03 |
| MERLIN WAY, HILLEND INDUSTRIAL PARK, HILLEND, FIFE | 1998-08-03 |
| 151 ST. VINCENT STREET, GLASGOW, G2 5NJ | 1994-10-11 |
The class of 1994
39%
of the 259 companies in this sector incorporated in 1994 are still active today; 58% have since been dissolved.
A fact about the year, not a forecast for this company.