{"name":"SCOTT DIRECT LIMITED","company_number":"SC152342","status":"Active - Proposal to Strike off","type":"Private Limited Company","incorporated":"1994-08-05","dissolved":null,"registered_office":"Caledon Green, Earlsgate Business Park, Grangemouth, Scotland, FK3 8TR","postcode":"FK3 8TR","sic_codes":[{"code":46900,"description":"Non-specialised wholesale trade"}],"principal_activity":"The principal activity of the company continued to be that of the supply of engineering consumables.","previous_names":[{"name":"FASCO (ENGINEERS SUPPLY) LIMITED","changed_on":"2011-06-02"},{"name":"FASCO DISTRIBUTION LIMITED","changed_on":"1998-07-30"},{"name":"M M & S (2220) LIMITED","changed_on":"1994-09-30"}],"warnings":["The annual accounts for this company are overdue.","The confirmation statement for this company is overdue."],"accounts":{"category":"Audit Exemption Subsidiary","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-09-30"},"employees":{"count":63,"accounts_date":"2023-12-31"},"financials":[{"financial_date":"2023-12-31","profit_loss":99121,"cash":8796,"average_employees":63},{"financial_date":"2022-12-31","profit_loss":190509,"cash":164955,"average_employees":66},{"financial_date":"2021-12-31","turnover":11858780,"cash":1120},{"financial_date":"2020-12-31","turnover":13367251,"net_assets":2097577,"cash":20120},{"financial_date":"2019-12-31","net_assets":1978337,"cash":26609}],"officers":{"current":3,"resigned":25,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":5,"outstanding":2},"gazette_notices":[{"date":"2026-11-10","kind":"other"}],"insolvency_outcome":null,"ai_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.","website":"https://www.scottdirect.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/scott-direct","people":"https://www.companiesintheuk.co.uk/company/scott-direct/people","filing_history":"https://www.companiesintheuk.co.uk/company/scott-direct/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/SC152342","financials":"https://www.companiesintheuk.co.uk/company/scott-direct/financial","gazette":"https://www.companiesintheuk.co.uk/company/scott-direct/gazette","control":"https://www.companiesintheuk.co.uk/company/scott-direct/control","charges":"https://www.companiesintheuk.co.uk/company/scott-direct/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/scott-direct/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/scott-direct"}