SCOTT & FYFE LIMITED

TAYPORT WORKS, LINKS ROAD, TAYPORT, FIFE, DD6 9EE

Company Number: SC017244
Incorporation date: 05-Apr-1933
Status: Active
Entity type: Private Limited Company

SIC codes:
13960 Manufacture of other technical and industrial textiles

SUMMARY

This company is 92 years old and is currently active. It is controlled by Scott & Fyfe Limited Employee Benefit Trust. The company has positive equity (net assets) of GBP 6.4 million which has increased from GBP 5.9 million in the previous year. The company has 7 active officers (directors or partners) who are or were officers of 4 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 30-Sep-2025
Accounts Filed: GROUP (31-Dec-2023)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Paid	Tax	Net Profit GBP
31-Dec-2023	GBP					1,437,000
31-Dec-2022	GBP					72,000
31-Dec-2021	GBP					-1,201,000
31-Dec-2020	GBP					1,571,000
31-Dec-2019	GBP	11,956	410	-198	3	12,000
31-Dec-2018	GBP	12,574	136	-165		-204,000
31-Dec-2017	GBP	11,807	281	-140	20	32,000
31-Dec-2016	GBP					-391,000

No P&L data available

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Dec-2023	GBP	2,472,000	8,690,000	2,821,000	1,443,000	2,433,000		9,333,000	6,440,000
31-Dec-2022	GBP	839,000	8,198,000	2,947,000	1,390,000	3,031,000		8,189,000	5,894,000
01-Jan-2022	GBP					2,925,000		8,288,000	5,887,000
31-Dec-2021	GBP		9,589,000	5,035,000	581,000	2,925,000		8,288,000	5,887,000
01-Jan-2021	GBP					3,012,000		9,700,000	7,386,000
31-Dec-2020	GBP	891,000	8,071,000	2,722,000		3,012,000		9,700,000	7,386,000
01-Jan-2020	GBP					3,957,000		8,260,000	6,891,000
31-Dec-2019	GBP	1,342,000	6,066,000	1,248,000		3,957,000	519	8,260,000	6,891,000
01-Jan-2019	GBP					3,969,000		8,376,000	7,019,000
31-Dec-2018	GBP	720,000	5,762,000	1,007,000		3,969,000	519	8,376,000	7,019,000
01-Jan-2018	GBP					3,928,000		8,381,000	6,983,000
31-Dec-2017	GBP	553,000	5,725,000	1,196,000		3,928,000	519	8,381,000	6,983,000
01-Jan-2017	GBP					3,875,000		6,401,000	4,950,000
31-Dec-2016	GBP	739,000	5,559,000	1,281,000		3,875,000		6,401,000	4,950,000
01-Jan-2016	GBP					3,772,000		8,855,000	7,301,000

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Dec-2023	GBP	-24.58%	-598,000	3,031,000	2,433,000	2,493,000
31-Dec-2022	GBP	3.50%	106,000	2,925,000	3,031,000	3,253,500
31-Dec-2021	GBP	-2.97%	-87,000	3,012,000	2,925,000	3,259,000
31-Dec-2020	GBP	-31.37%	-945,000	3,957,000	3,012,000	3,039,000
31-Dec-2019	GBP	-0.30%	-11,481	3,797,341	3,785,860	3,120,600
31-Dec-2018	GBP	1.03%	41,519	3,977,723	4,019,242	3,638,482
31-Dec-2017	GBP	1.35%	53,519	3,912,946	3,966,465	3,663,205
31-Dec-2016	GBP	2.66%	103,000	3,772,000	3,875,000	3,454,000

* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Active	Mark Alexander GRANT	09 May 2023	16 Mar 2025			1 - 0
Resigned	John Mclaren WALLACE	26 Jun 2020	21 Mar 2022			0 - 1
Resigned	Colin Hugh CAMERON	01 Jan 2000	26 Jun 2020	Accountant	British	1 - 10
Resigned	Keith James HAIG	06 Jan 1992	31 Dec 1999		British	0 - 11
Resigned	David CRAIG		22 Mar 1990		British	0 - 2
Resigned	Nicholas LIPTROT		06 Jan 1992		British	0 - 1

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Jason SMITH	03 Feb 2025		Commercial Director	British	1 - 0	0 (0.0%)
Active	Kevin MCGOLDRICK	01 Aug 2024		Sales Executive	British	1 - 0	0 (0.0%)
Active	Ross MELVILLE	01 Jun 2023		Operations Director	British	1 - 0	0 (0.0%)
Active	Mark Alexander GRANT	08 May 2023		Finance Director	British	2 - 0	0 (0.0%)
Active	Stephen KINNEAR	17 Apr 2023		Value Stream Leader	Scottish	1 - 0	0 (0.0%)
Resigned	Brian ROBERTS	24 Jun 2021	27 Feb 2023	Warehouse Supervisor	British	0 - 1	0 (0.0%)
Resigned	John Mclaren WALLACE	26 Jun 2020	21 Mar 2022	Finance Director	British	2 - 4	0 (0.0%)
Active	Michelle Louise QUADRELLI	01 Jan 2017		Managing Director	Scottish	4 - 0	0 (0.0%)
Resigned	Roland PAP	01 Jan 2017	13 Sep 2024	Commercial Director	British	1 - 4	2 (40.0%)
Resigned	John Carson LUPTON	01 Feb 2010	31 Dec 2022	Chief Executive	British	0 - 7	2 (28.6%)
Resigned	Nicholas Christopher KUENSSBERG	11 Mar 2009	30 Sep 2017	Director	British	0 - 55	18 (32.7%)
Resigned	Colin Hugh CAMERON	21 Apr 2000	26 Jun 2020	Accountant	British	1 - 10	0 (0.0%)
Active	David Peter TOUGH	21 Apr 2000		Engineer	British	1 - 0	0 (0.0%)
Resigned	Robert Iver Bruce MARTIN	17 Aug 1998	30 Sep 2009	Managing Director	British	0 - 6	0 (0.0%)
Resigned	Bruce William Mclaren JOHNSTON	31 Mar 1995	31 Mar 2009	Non Executive Director	British	0 - 39	13 (33.3%)
Resigned	Keith James HAIG	06 Jan 1992	31 Dec 1999	Chartered Accountant	British	0 - 11	2 (18.2%)
Resigned	David James MCMORRINE	18 Feb 1991	07 Jan 1998	Managing Director	British	3 - 6	0 (0.0%)
Resigned	Richard Hamish TOUGH	22 Aug 1990	31 May 2014	Production Manager	British	2 - 1	0 (0.0%)
Resigned	Ian Melville LAMB		31 Dec 2012	Sales	British	0 - 2	0 (0.0%)
Resigned	David CRAIG		26 Mar 1998	Chartered Accountant	British	0 - 2	0 (0.0%)

Number of active directors: 7
Average tenure of active directors: 5.6 years
Average tenure of resigned directors: 9.0 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Jason SMITH	Kevin MCGOLDRICK	Ross MELVILLE	Mark Alexander GRANT	Stephen KINNEAR	Michelle Louise QUADRELLI	David Peter TOUGH
SCOTT & FYFE LIMITED (SC017244) - Active	✔	✔	✔	✔	✔	✔	✔
SUNBRIGHT FABRICS LIMITED (SC020914) - Active						✔
ARTISTIC TEXTILE PRINTERS LIMITED (SC024363) - Active						✔
R. & D. BAYNE LIMITED (SC093320) - Active						✔
DORNOCH BID LIMITED (SC797381) - Active				✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2021-05-23	2020-05-23	2018-05-23	2017-05-23	2016-05-23
SCOTT & FYFE LTD EMPLOYEE BENEFIT TRUST	ORDINARY	5,274,414 59.3%	5,274,414 54.7%	573,333 12.3%	5,716,727 59.3%	5,841,508 60.6%
DAVID TOUGH	PREFERENCE	1,272,106 14.3%	1,647,106 17.1%	1,647,106 35.5%	1,647,106 17.1%	1,647,106 17.1%
RICHARD TOUGH	PREFERENCE	1,272,106 14.3%	1,647,106 17.1%	1,647,106 35.5%	1,647,106 17.1%	1,647,106 17.1%
SCOTT & FYFE LTD SHARE INCENTIVE PLAN	ORDINARY	1,074,586 12.1%	1,074,586 11.1%	775,667 16.7%	632,273 6.56%	507,492 5.26%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

>75%:Scott & Fyfe Limited Employee Benefit Trust (Not Applicable - Not Applicable) active

Controlling entities above

SCOTT & FYFE LIMITED

Controlled companies below

>75%:ARTISTIC TEXTILE PRINTERS LIMITED (SC024363 - UK) active
>75%:SUNBRIGHT FABRICS LIMITED (SC020914 - UK) active
>75%:R. & D. BAYNE LIMITED (SC093320 - UK) active

LATE PAYMENTS REPORT

This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES

No Court Cases found

PATENTS

Title	Date filed	Status	Publication number
Laminated films	1982-07-09	Ceased	GB2108045

COMPETITORS

(Based on Sic code: 13960 Manufacture of other technical and industrial textiles)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP
DON & LOW LIMITED	NEWFORDPARK HOUSE, GLAMIS ROAD, FORFAR, ANGUS, DD8 1FR	SC005657	2017-12-31	64,858,000	2,862,000
W.L. GORE AND ASSOCIATES (U.K.) LIMITED	ONE, FLEET PLACE, LONDON, ENGLAND, EC4M 7WS	00856254	2018-03-31	53,923,000	15,070,000
DARTEX COATINGS LIMITED	TRELLEBORG INTERNATIONAL DRIVE, TEWKESBURY BUSINESS PARK, TEWKESBURY, GLOUCESTERSHIRE, ENGLAND, GL20 8UQ	04168407	2018-03-31	9,207,829	0
KRISTEL KAYLA AFRO DESIGNS LIMITED	49 EDGEMONT ROAD, NORTHAMPTON, UNITED KINGDOM, NN3 3PQ	10275663	2018-07-31	535	0
BIO-FLEX YARNS LIMITED	MOAT HOUSE, 54 BLOOMFIELD AVENUE, BELFAST, DOWN, UNITED KINGDOM, BT5 5AD	NI626672	2018-09-30	41	0

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
SCOTT & FYFE LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.6%	1.7%	2.7%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.6%	1.5%	2.5%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium