scs group limited
scs group limited Company Information
Company Number
03263435
Website
www.scsplc.co.ukRegistered Address
45-49 villiers street, sunderland, SR1 1HA
Industry
Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
Telephone
01917313000
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
a share & sons ltd 100%
scs group limited Estimated Valuation
The estimated valuation range for scs group limited, derived from financial data as of July 2023 and the most recent industry multiples, is between £123.9m to £304.2m
scs group limited Estimated Valuation
The estimated valuation range for scs group limited, derived from financial data as of July 2023 and the most recent industry multiples, is between £123.9m to £304.2m
scs group limited Estimated Valuation
The estimated valuation range for scs group limited, derived from financial data as of July 2023 and the most recent industry multiples, is between £123.9m to £304.2m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Scs Group Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Scs Group Limited Overview
Scs Group Limited is a live company located in sunderland, SR1 1HA with a Companies House number of 03263435. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in October 1996, it's largest shareholder is a share & sons ltd with a 100% stake. Scs Group Limited is a mature, mega sized company, Pomanda has estimated its turnover at £325.9m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Scs Group Limited Health Check
Pomanda's financial health check has awarded Scs Group Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
2 Weak
Size
annual sales of £325.9m, make it larger than the average company (£5.2m)
£325.9m - Scs Group Limited
£5.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5.4%)
8% - Scs Group Limited
5.4% - Industry AVG
Production
with a gross margin of 46.8%, this company has a comparable cost of product (42.3%)
46.8% - Scs Group Limited
42.3% - Industry AVG
Profitability
an operating margin of 2.6% make it less profitable than the average company (3.6%)
2.6% - Scs Group Limited
3.6% - Industry AVG
Employees
with 1801 employees, this is above the industry average (34)
1801 - Scs Group Limited
34 - Industry AVG
Pay Structure
on an average salary of £37.6k, the company has an equivalent pay structure (£33.6k)
£37.6k - Scs Group Limited
£33.6k - Industry AVG
Efficiency
resulting in sales per employee of £180.9k, this is equally as efficient (£166.1k)
£180.9k - Scs Group Limited
£166.1k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (19 days)
0 days - Scs Group Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 69 days, this is slower than average (40 days)
69 days - Scs Group Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 51 days, this is less than average (82 days)
51 days - Scs Group Limited
82 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 40 weeks, this is more cash available to meet short term requirements (23 weeks)
40 weeks - Scs Group Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.9%, this is a higher level of debt than the average (65.9%)
78.9% - Scs Group Limited
65.9% - Industry AVG
scs group limited Credit Report and Business Information
Scs Group Limited Competitor Analysis
Perform a competitor analysis for scs group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
scs group limited Ownership
SCS GROUP LIMITED group structure
Scs Group Limited has 1 subsidiary company.
Ultimate parent company
1 parent
SCS GROUP LIMITED
03263435
1 subsidiary
scs group limited directors
Scs Group Limited currently has 6 directors. The longest serving directors include Mr Steve Carson (Jan 2021) and Mr Mark Fleetwood (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Steve Carson | 56 years | Jan 2021 | - | Director | |
| Mr Mark Fleetwood | 44 years | Sep 2023 | - | Director | |
| Mr Luigi Gubitosi | 63 years | Jan 2024 | - | Director | |
| Ms Maria Marinoni | 62 years | Jan 2024 | - | Director | |
| Mr Renzo Ricci | 66 years | Jan 2024 | - | Director | |
| Ms Carlotta Ricci | 35 years | Jan 2024 | - | Director |
SCS GROUP LIMITED financials
Scs Group Limited's latest turnover from July 2023 is £325.9 million and the company has net assets of £45.6 million. According to their latest financial statements, Scs Group Limited has 1,801 employees and maintains cash reserves of £69.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jan 2015 | Jul 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 325,865,000 | 331,569,000 | 305,231,000 | 255,491,000 | 317,406,000 | 312,828,000 | 332,965,000 | 317,305,000 | 276,734,000 | 244,133,000 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 173,467,000 | 175,305,000 | 158,244,000 | 135,911,000 | 167,547,000 | 165,590,000 | 179,224,000 | 168,177,000 | 149,583,000 | 131,131,000 | ||||||
| Gross Profit | 152,398,000 | 156,264,000 | 146,987,000 | 119,580,000 | 149,859,000 | 147,238,000 | 153,741,000 | 149,128,000 | 127,151,000 | 113,002,000 | ||||||
| Admin Expenses | 144,052,000 | 136,065,000 | 120,214,000 | 118,861,000 | 135,920,000 | 133,570,000 | 141,752,000 | 138,113,000 | 124,384,000 | 106,394,000 | ||||||
| Operating Profit | 8,346,000 | 20,199,000 | 26,773,000 | 719,000 | 13,939,000 | 13,668,000 | 11,989,000 | 11,015,000 | 2,767,000 | 6,608,000 | ||||||
| Interest Payable | 4,322,000 | 3,856,000 | 4,180,000 | 4,195,000 | 96,000 | 228,000 | 96,000 | 217,000 | 1,686,000 | 1,967,000 | ||||||
| Interest Receivable | 1,961,000 | 15,000 | 81,000 | 355,000 | 417,000 | 205,000 | 70,000 | 86,000 | 20,000 | 13,000 | ||||||
| Pre-Tax Profit | 5,985,000 | 16,358,000 | 22,674,000 | -3,121,000 | 14,260,000 | 13,645,000 | 11,963,000 | 10,884,000 | -1,728,000 | 7,156,000 | ||||||
| Tax | -1,535,000 | -2,774,000 | -3,610,000 | 898,000 | -2,880,000 | -2,622,000 | -2,561,000 | -2,155,000 | -496,000 | -1,243,000 | ||||||
| Profit After Tax | 4,450,000 | 13,584,000 | 19,064,000 | -2,223,000 | 11,380,000 | 11,023,000 | 9,402,000 | 8,729,000 | -2,224,000 | 5,913,000 | ||||||
| Dividends Paid | 4,724,000 | 4,443,000 | 1,133,000 | 4,336,000 | 6,547,000 | 6,032,000 | 5,893,000 | 6,349,000 | 1,044,000 | 0 | ||||||
| Retained Profit | -274,000 | 9,141,000 | 17,931,000 | -6,559,000 | 4,833,000 | 4,991,000 | 3,509,000 | 2,380,000 | -3,268,000 | 5,913,000 | ||||||
| Employee Costs | 67,775,000 | 65,420,000 | 65,602,000 | 52,230,000 | 59,061,000 | 57,114,000 | 58,728,000 | 59,115,000 | 49,141,000 | 42,870,000 | ||||||
| Number Of Employees | 1,801 | 1,802 | 1,855 | 1,707 | 1,784 | 1,797 | 1,970 | 1,850 | 1,765 | 1,561 | ||||||
| EBITDA* | 33,979,000 | 25,243,000 | 52,767,000 | 31,619,000 | 19,439,000 | 19,140,000 | 17,394,000 | 16,049,000 | 7,548,000 | 10,771,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jan 2015 | Jul 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 114,009,000 | 118,762,000 | 123,035,000 | 137,152,000 | 21,065,000 | 21,450,000 | 23,878,000 | 23,501,000 | 25,005,000 | 0 | 25,524,000 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 3,753,000 | 2,494,000 | 2,243,000 | 2,358,000 | 1,642,000 | 1,151,000 | 1,077,000 | 1,145,000 | 1,291,000 | 0 | 1,407,000 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 118,499,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 1,873,000 | 1,845,000 | 2,024,000 | 722,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 115,889,000 | 119,411,000 | 125,278,000 | 138,788,000 | 22,707,000 | 22,601,000 | 24,955,000 | 24,646,000 | 26,296,000 | 0 | 26,931,000 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 24,633,000 | 19,791,000 | 17,328,000 | 18,207,000 | 19,209,000 | 21,865,000 | 22,084,000 | 23,188,000 | 20,705,000 | 0 | 20,001,000 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 234,000 | 314,000 | 808,000 | 1,577,000 | 1,084,000 | 1,232,000 | 3,029,000 | 1,981,000 | 8,887,000 | 0 | 3,266,000 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 6,102,000 | 5,697,000 | 4,139,000 | 3,227,000 | 7,670,000 | 7,304,000 | 6,670,000 | 7,033,000 | 0 | 0 | 5,050,000 | 0 | 0 | 0 | 0 | 0 |
| Cash | 69,538,000 | 70,819,000 | 87,650,000 | 82,282,000 | 57,666,000 | 48,162,000 | 40,126,000 | 22,379,000 | 21,055,000 | 0 | 18,794,000 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 358,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 100,507,000 | 96,621,000 | 109,925,000 | 105,651,000 | 85,629,000 | 78,563,000 | 71,909,000 | 54,581,000 | 50,647,000 | 0 | 47,111,000 | 0 | 0 | 0 | 0 | 0 |
| total assets | 216,396,000 | 216,032,000 | 235,203,000 | 244,439,000 | 108,336,000 | 101,164,000 | 96,864,000 | 79,227,000 | 76,943,000 | 0 | 74,042,000 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 33,267,000 | 18,374,000 | 15,369,000 | 20,638,000 | 25,859,000 | 26,294,000 | 29,142,000 | 14,430,000 | 43,290,000 | 0 | 21,349,000 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 20,246,000 | 19,721,000 | 22,693,000 | 24,167,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 35,170,000 | 39,566,000 | 58,108,000 | 60,656,000 | 32,716,000 | 29,922,000 | 26,773,000 | 28,012,000 | 675,000 | 0 | 41,539,000 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 88,683,000 | 77,661,000 | 96,170,000 | 105,461,000 | 58,575,000 | 56,216,000 | 55,915,000 | 42,442,000 | 43,965,000 | 0 | 62,888,000 | 0 | 0 | 0 | 0 | 0 |
| loans | 162,196,000 | 174,024,000 | 186,736,000 | 224,506,000 | 12,826,000 | 14,002,000 | 14,280,000 | 0 | 0 | 0 | 10,664,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 81,098,000 | 87,012,000 | 93,368,000 | 112,253,000 | 6,413,000 | 7,001,000 | 7,140,000 | 0 | 0 | 0 | 5,332,000 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 137,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,068,000 | 5,668,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,096,000 | 2,384,000 | 2,310,000 | 2,168,000 | 904,000 | 1,290,000 | 1,060,000 | 2,202,000 | 1,060,000 | 0 | 3,138,000 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 82,146,000 | 88,204,000 | 94,523,000 | 113,474,000 | 6,865,000 | 7,646,000 | 7,670,000 | 7,169,000 | 6,198,000 | 0 | 6,901,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 170,829,000 | 165,865,000 | 190,693,000 | 218,935,000 | 65,440,000 | 63,862,000 | 63,585,000 | 49,611,000 | 50,163,000 | 0 | 69,789,000 | 0 | 0 | 0 | 0 | 0 |
| net assets | 45,567,000 | 50,167,000 | 44,510,000 | 25,504,000 | 42,896,000 | 37,302,000 | 33,279,000 | 29,616,000 | 26,780,000 | 0 | 4,253,000 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 45,567,000 | 50,167,000 | 44,510,000 | 25,504,000 | 42,896,000 | 37,302,000 | 33,279,000 | 29,616,000 | 26,780,000 | 0 | 4,253,000 | 0 | 0 | 0 | 0 | 0 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jan 2015 | Jul 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | 8,346,000 | 20,199,000 | 26,773,000 | 719,000 | 13,939,000 | 13,668,000 | 11,989,000 | 11,015,000 | 2,767,000 | 6,608,000 | ||||||
| Depreciation | 24,448,000 | 4,162,000 | 25,129,000 | 30,253,000 | 4,824,000 | 4,954,000 | 4,806,000 | 4,478,000 | 4,185,000 | 3,938,000 | ||||||
| Amortisation | 1,185,000 | 882,000 | 865,000 | 647,000 | 676,000 | 518,000 | 599,000 | 556,000 | 596,000 | 225,000 | ||||||
| Tax | -1,535,000 | -2,774,000 | -3,610,000 | 898,000 | -2,880,000 | -2,622,000 | -2,561,000 | -2,155,000 | -496,000 | -1,243,000 | ||||||
| Stock | 4,842,000 | 2,463,000 | -879,000 | -1,002,000 | -2,656,000 | -219,000 | -1,104,000 | 2,483,000 | 704,000 | -20,001,000 | 20,001,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 353,000 | 885,000 | 1,445,000 | -3,228,000 | 218,000 | -1,163,000 | 685,000 | 127,000 | 571,000 | -8,316,000 | 8,316,000 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 14,893,000 | 3,005,000 | -5,269,000 | -5,221,000 | -435,000 | -2,848,000 | 14,712,000 | -28,860,000 | 21,941,000 | -21,349,000 | 21,349,000 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -4,396,000 | -18,542,000 | -2,685,000 | 28,077,000 | 2,794,000 | 3,149,000 | -1,239,000 | 27,337,000 | -40,864,000 | -41,539,000 | 41,539,000 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -288,000 | 74,000 | 142,000 | 1,264,000 | -386,000 | 230,000 | -1,142,000 | 1,142,000 | -2,078,000 | -3,138,000 | 3,138,000 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 37,458,000 | 3,658,000 | 40,779,000 | 60,867,000 | 20,970,000 | 18,431,000 | 27,583,000 | 10,903,000 | -15,224,000 | 47,237,000 | ||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | 0 | 0 | -118,499,000 | 118,499,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -11,828,000 | -12,712,000 | -37,770,000 | 211,680,000 | -1,176,000 | -278,000 | 14,280,000 | 0 | -10,664,000 | -10,664,000 | 10,664,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -5,389,000 | -9,328,000 | -20,359,000 | 130,007,000 | -588,000 | -139,000 | 7,140,000 | 0 | -5,332,000 | -5,332,000 | 5,332,000 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -6,068,000 | 400,000 | 5,668,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||||
| interest | -2,361,000 | -3,841,000 | -4,099,000 | -3,840,000 | 321,000 | -23,000 | -26,000 | -131,000 | -1,666,000 | -1,954,000 | ||||||
| cash flow from financing | -23,904,000 | -29,365,000 | -61,153,000 | 327,014,000 | -682,000 | -1,408,000 | 15,480,000 | 725,000 | 13,801,000 | 12,382,000 | ||||||
| cash and cash equivalents | ||||||||||||||||
| cash | -1,281,000 | -16,831,000 | 5,368,000 | 24,616,000 | 9,504,000 | 8,036,000 | 17,747,000 | 1,324,000 | 2,261,000 | -18,794,000 | 18,794,000 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -1,281,000 | -16,831,000 | 5,368,000 | 24,616,000 | 9,504,000 | 8,036,000 | 17,747,000 | 1,324,000 | 2,261,000 | -18,794,000 | 18,794,000 | 0 | 0 | 0 | 0 | 0 |
P&L
July 2023turnover
325.9m
-2%
operating profit
8.3m
-59%
gross margin
46.8%
-0.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
45.6m
-0.09%
total assets
216.4m
0%
cash
69.5m
-0.02%
net assets
Total assets minus all liabilities
Similar Companies
scs group limited company details
company number
03263435
Type
Private limited with Share Capital
industry
47530 - Retail sale of carpets, rugs, wall and floor coverings in specialised stores
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
incorporation date
October 1996
age
28
accounts
Group
ultimate parent company
previous names
scs group p.l.c. (February 2024)
scs group limited (January 2015)
incorporated
UK
address
45-49 villiers street, sunderland, SR1 1HA
last accounts submitted
July 2023
scs group limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to scs group limited.
scs group limited Companies House Filings - See Documents
| date | description | view/download |
|---|
