scottish rowing
scottish rowing Company Information
Company Number
SC357505
Registered Address
scottish rowing centre, 366 hamilton road, motherwell, lanarkshire, ML1 3ED
Industry
Other sports activities (not including activities of racehorse owners) n.e.c.
Telephone
01698250206
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
-0%
scottish rowing Estimated Valuation
Pomanda estimates the enterprise value of SCOTTISH ROWING at £386.6k based on a Turnover of £616.1k and 0.63x industry multiple (adjusted for size and gross margin).
scottish rowing Estimated Valuation
Pomanda estimates the enterprise value of SCOTTISH ROWING at £212.6k based on an EBITDA of £44.6k and a 4.77x industry multiple (adjusted for size and gross margin).
scottish rowing Estimated Valuation
Pomanda estimates the enterprise value of SCOTTISH ROWING at £525.7k based on Net Assets of £203.5k and 2.58x industry multiple (adjusted for liquidity).
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Scottish Rowing Overview
Scottish Rowing is a live company located in motherwell, ML1 3ED with a Companies House number of SC357505. It operates in the other sports activities sector, SIC Code 93199. Founded in March 2009, it's largest shareholder is unknown. Scottish Rowing is a established, small sized company, Pomanda has estimated its turnover at £616.1k with high growth in recent years.
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Scottish Rowing Health Check
Pomanda's financial health check has awarded Scottish Rowing a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
2 Weak
Size
annual sales of £616.1k, make it in line with the average company (£527.6k)
- Scottish Rowing
£527.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (5.7%)
- Scottish Rowing
5.7% - Industry AVG
Production
with a gross margin of 44.7%, this company has a comparable cost of product (44.7%)
- Scottish Rowing
44.7% - Industry AVG
Profitability
an operating margin of 2.7% make it more profitable than the average company (2%)
- Scottish Rowing
2% - Industry AVG
Employees
with 13 employees, this is similar to the industry average (13)
13 - Scottish Rowing
13 - Industry AVG
Pay Structure
on an average salary of £26.7k, the company has an equivalent pay structure (£26.7k)
- Scottish Rowing
£26.7k - Industry AVG
Efficiency
resulting in sales per employee of £47.4k, this is less efficient (£64.7k)
- Scottish Rowing
£64.7k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is near the average (15 days)
- Scottish Rowing
15 days - Industry AVG
Creditor Days
its suppliers are paid after 71 days, this is slower than average (32 days)
- Scottish Rowing
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Scottish Rowing
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 101 weeks, this is more cash available to meet short term requirements (79 weeks)
101 weeks - Scottish Rowing
79 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 84.7%, this is a higher level of debt than the average (38.6%)
84.7% - Scottish Rowing
38.6% - Industry AVG
SCOTTISH ROWING financials
Scottish Rowing's latest turnover from March 2023 is estimated at £616.1 thousand and the company has net assets of £203.5 thousand. According to their latest financial statements, Scottish Rowing has 13 employees and maintains cash reserves of £211.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 13 | 11 | 11 | 11 | 8 | 7 | 7 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,072,373 | 1,012,615 | 1,022,214 | 1,041,838 | 1,014,295 | 39,325 | 52,545 | 67,262 | 82,073 | 96,840 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 12,552 | 1,693,074 | 1,663,141 | 1,639,491 | 1,632,917 | 1,600,199 | 1,562,550 | 1,525,383 | 1,495,710 | 1,446,950 |
| Total Fixed Assets | 1,072,373 | 1,012,615 | 1,022,214 | 1,041,840 | 1,026,849 | 1,732,401 | 1,715,688 | 1,706,755 | 1,714,992 | 1,697,041 | 1,562,552 | 1,525,385 | 1,495,712 | 1,446,952 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 22,148 | 18,321 | 3,513 | 5,437 | 10,608 | 18,249 | 23,173 | 14,442 | 39,757 | 131,960 | 21,340 | 8,154 | 4,158 | 7,971 |
| Group Debtors | 0 | 0 | 0 | 13,326 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 20,507 | 1,023 | 10,006 | 7,058 | 12,476 | 17,810 | 11,524 | 17,058 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 211,902 | 237,399 | 194,290 | 161,076 | 120,351 | 225,692 | 140,417 | 203,043 | 221,933 | 195,311 | 100,553 | 89,510 | 130,387 | 113,389 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 254,557 | 256,743 | 207,809 | 186,897 | 143,435 | 261,751 | 175,114 | 234,543 | 261,690 | 327,271 | 121,893 | 97,664 | 134,545 | 121,360 |
| total assets | 1,326,930 | 1,269,358 | 1,230,023 | 1,228,737 | 1,170,284 | 1,994,152 | 1,890,802 | 1,941,298 | 1,976,682 | 2,024,312 | 1,684,445 | 1,623,049 | 1,630,257 | 1,568,312 |
| Bank overdraft | 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 |
| Trade Creditors | 66,513 | 46,574 | 35,304 | 43,526 | 38,890 | 65,053 | 5,314 | 8,025 | 85,922 | 147,555 | 16,885 | 23,207 | 43,404 | 12,430 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 42,006 | 40,707 | 21,503 | 15,494 | 7,574 | 33,038 | 14,333 | 80,483 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 108,519 | 87,281 | 56,807 | 59,020 | 46,464 | 98,091 | 19,647 | 88,508 | 85,922 | 147,555 | 16,885 | 23,207 | 43,404 | 12,430 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 1,014,885 | 999,828 | 1,023,862 | 1,045,847 | 980,188 | 1,000,119 | 1,001,536 | 1,025,428 | 1,033,520 | 1,062,882 | 956,687 | 960,050 | 962,787 | 951,787 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,014,885 | 999,828 | 1,023,862 | 1,045,847 | 980,188 | 1,000,119 | 1,001,536 | 1,025,428 | 1,033,520 | 1,062,882 | 956,687 | 960,050 | 962,787 | 951,787 |
| total liabilities | 1,123,404 | 1,087,109 | 1,080,669 | 1,104,867 | 1,026,652 | 1,098,210 | 1,021,183 | 1,113,936 | 1,119,442 | 1,210,437 | 973,572 | 983,257 | 1,006,191 | 964,217 |
| net assets | 203,526 | 182,249 | 149,354 | 123,870 | 143,632 | 895,942 | 869,619 | 827,362 | 857,240 | 813,875 | 710,873 | 639,792 | 624,066 | 604,095 |
| total shareholders funds | 203,526 | 182,249 | 149,354 | 123,870 | 143,632 | 895,942 | 869,619 | 827,362 | 857,240 | 813,875 | 710,873 | 639,792 | 624,066 | 604,095 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 27,837 | 20,953 | 29,001 | 21,896 | 34,623 | 13,220 | 14,717 | 14,811 | 14,767 | 1,879 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 23,311 | 5,825 | -12,302 | -9,815 | -1,693,497 | 31,295 | 26,847 | -1,683 | -59,485 | 148,269 | 50,353 | 33,669 | 44,947 | 1,454,921 |
| Creditors | 19,939 | 11,270 | -8,222 | 4,636 | -26,163 | 59,739 | -2,711 | -77,897 | -61,633 | 130,670 | -6,322 | -20,197 | 30,974 | 12,430 |
| Accruals and Deferred Income | 16,356 | -4,830 | -15,976 | 73,579 | -45,395 | 17,288 | -90,042 | 72,391 | -29,362 | 106,195 | -3,363 | -2,737 | 11,000 | 951,787 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -25,497 | 43,109 | 33,214 | 40,725 | -105,341 | 85,275 | -62,626 | -18,890 | 26,622 | 94,758 | 11,043 | -40,877 | 16,998 | 113,389 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -25,497 | 43,109 | 33,214 | 40,725 | -105,341 | 85,275 | -62,626 | -18,890 | 26,622 | 94,758 | 11,043 | -40,877 | 16,998 | 113,389 |
scottish rowing Credit Report and Business Information
Scottish Rowing Competitor Analysis
Perform a competitor analysis for scottish rowing by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in ML1 area or any other competitors across 12 key performance metrics.
scottish rowing Ownership
SCOTTISH ROWING group structure
Scottish Rowing has 1 subsidiary company.
scottish rowing directors
Scottish Rowing currently has 9 directors. The longest serving directors include Dr Laura Graham (Oct 2023) and Mrs Sophie McCall (Oct 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Laura Graham | 45 years | Oct 2023 | - | Director | |
| Mrs Sophie McCall | 37 years | Oct 2023 | - | Director | |
| Mr Alastair Clarkson | 58 years | Apr 2024 | - | Director | |
| Mr Robert Gordon | 52 years | May 2024 | - | Director | |
| Mr Jonathan Logan | 41 years | May 2024 | - | Director | |
| Mrs Fiona Armit | 40 years | Aug 2024 | - | Director | |
| Ms Fiona Rennie | 59 years | Oct 2024 | - | Director | |
| Mr Lee Boucher | 43 years | Oct 2024 | - | Director | |
| Mr Michael Martin | 61 years | Oct 2024 | - | Director |
P&L
March 2023turnover
616.1k
+22%
operating profit
16.7k
0%
gross margin
44.7%
-6.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
203.5k
+0.12%
total assets
1.3m
+0.05%
cash
211.9k
-0.11%
net assets
Total assets minus all liabilities
scottish rowing company details
company number
SC357505
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
93199 - Other sports activities (not including activities of racehorse owners) n.e.c.
incorporation date
March 2009
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
JRD LLP
auditor
-
address
scottish rowing centre, 366 hamilton road, motherwell, lanarkshire, ML1 3ED
Bank
-
Legal Advisor
-
scottish rowing 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 scottish rowing.
scottish rowing Companies House Filings - See Documents
| date | description | view/download |
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