scotia roofing supplies limited
scotia roofing supplies limited Company Information
Company Number
SC377065
Next Accounts
Apr 2025
Shareholders
rembrand timber limited
Group Structure
View All
Industry
Agents involved in the sale of timber and building materials
Registered Address
thornbridge yard, laurieston road, grangemouth, stirlingshire, FK3 8XX
scotia roofing supplies limited Estimated Valuation
Pomanda estimates the enterprise value of SCOTIA ROOFING SUPPLIES LIMITED at £2.2m based on a Turnover of £6.3m and 0.34x industry multiple (adjusted for size and gross margin).
scotia roofing supplies limited Estimated Valuation
Pomanda estimates the enterprise value of SCOTIA ROOFING SUPPLIES LIMITED at £241.5k based on an EBITDA of £76.3k and a 3.16x industry multiple (adjusted for size and gross margin).
scotia roofing supplies limited Estimated Valuation
Pomanda estimates the enterprise value of SCOTIA ROOFING SUPPLIES LIMITED at £833.9k based on Net Assets of £413.7k and 2.02x industry multiple (adjusted for liquidity).
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Scotia Roofing Supplies Limited Overview
Scotia Roofing Supplies Limited is a dissolved company that was located in grangemouth, FK3 8XX with a Companies House number of SC377065. It operated in the agents involved in the sale of timber and building materials sector, SIC Code 46130. Founded in April 2010, it's largest shareholder was rembrand timber limited with a 100% stake. The last turnover for Scotia Roofing Supplies Limited was estimated at £6.3m.
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Scotia Roofing Supplies Limited Health Check
Pomanda's financial health check has awarded Scotia Roofing Supplies Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
6 Weak
Size
annual sales of £6.3m, make it smaller than the average company (£15.2m)
£6.3m - Scotia Roofing Supplies Limited
£15.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (8.5%)
- Scotia Roofing Supplies Limited
8.5% - Industry AVG
Production
with a gross margin of 18.8%, this company has a higher cost of product (26.9%)
18.8% - Scotia Roofing Supplies Limited
26.9% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (4.3%)
1.1% - Scotia Roofing Supplies Limited
4.3% - Industry AVG
Employees
with 12 employees, this is below the industry average (50)
12 - Scotia Roofing Supplies Limited
50 - Industry AVG
Pay Structure
on an average salary of £33.3k, the company has an equivalent pay structure (£33.3k)
- Scotia Roofing Supplies Limited
£33.3k - Industry AVG
Efficiency
resulting in sales per employee of £526.6k, this is more efficient (£254.2k)
£526.6k - Scotia Roofing Supplies Limited
£254.2k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (53 days)
57 days - Scotia Roofing Supplies Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (49 days)
59 days - Scotia Roofing Supplies Limited
49 days - Industry AVG
Stock Days
it holds stock equivalent to 37 days, this is in line with average (45 days)
37 days - Scotia Roofing Supplies Limited
45 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (3 weeks)
2 weeks - Scotia Roofing Supplies Limited
3 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 77.8%, this is a higher level of debt than the average (60.3%)
77.8% - Scotia Roofing Supplies Limited
60.3% - Industry AVG
SCOTIA ROOFING SUPPLIES LIMITED financials
Scotia Roofing Supplies Limited's latest turnover from December 2018 is £6.3 million and the company has net assets of £413.7 thousand. According to their latest financial statements, Scotia Roofing Supplies Limited has 12 employees and maintains cash reserves of £78.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 6,319,628 | |||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 5,133,329 | |||||||
| Gross Profit | 1,186,299 | |||||||
| Admin Expenses | 1,119,373 | |||||||
| Operating Profit | 66,926 | |||||||
| Interest Payable | 5,212 | |||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | 61,714 | |||||||
| Tax | -13,393 | |||||||
| Profit After Tax | 48,321 | |||||||
| Dividends Paid | ||||||||
| Retained Profit | 48,321 | |||||||
| Employee Costs | ||||||||
| Number Of Employees | 12 | 15 | 13 | |||||
| EBITDA* | 76,339 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 33,843 | 29,364 | 31,878 | 33,775 | 19,349 | 13,401 | 14,626 | 17,207 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 33,843 | 29,364 | 31,878 | 33,775 | 19,349 | 13,401 | 14,626 | 17,207 |
| Stock & work in progress | 523,500 | 781,649 | 730,794 | 587,535 | 528,608 | 512,538 | 458,163 | 434,761 |
| Trade Debtors | 993,991 | 738,876 | 827,194 | 715,072 | 511,764 | 454,249 | 525,031 | 404,886 |
| Group Debtors | 212,889 | 11,187 | ||||||
| Misc Debtors | 18,111 | 71,892 | 27,581 | 46,393 | ||||
| Cash | 78,661 | 250 | 250 | 250 | 3,638 | 121,870 | 100 | 183,952 |
| misc current assets | ||||||||
| total current assets | 1,827,152 | 1,592,667 | 1,597,006 | 1,349,250 | 1,044,010 | 1,088,657 | 983,294 | 1,023,599 |
| total assets | 1,860,995 | 1,622,031 | 1,628,884 | 1,383,025 | 1,063,359 | 1,102,058 | 997,920 | 1,040,806 |
| Bank overdraft | 185,787 | 177,208 | 153,702 | |||||
| Bank loan | ||||||||
| Trade Creditors | 833,152 | 589,249 | 692,086 | 573,920 | 765,971 | 850,087 | 782,235 | 828,389 |
| Group/Directors Accounts | 345,567 | 269,300 | 295,584 | 209,207 | ||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 266,212 | 132,986 | 100,646 | 86,977 | ||||
| total current liabilities | 1,444,931 | 1,177,322 | 1,265,524 | 1,023,806 | 765,971 | 850,087 | 782,235 | 828,389 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 15,000 | 36,667 | 55,000 | |||||
| provisions | 2,407 | 4,373 | 5,503 | 6,300 | 3,318 | 2,031 | 2,162 | 2,543 |
| total long term liabilities | 2,407 | 4,373 | 5,503 | 6,300 | 3,318 | 17,031 | 38,829 | 57,543 |
| total liabilities | 1,447,338 | 1,181,695 | 1,271,027 | 1,030,106 | 769,289 | 867,118 | 821,064 | 885,932 |
| net assets | 413,657 | 440,336 | 357,857 | 352,919 | 294,070 | 234,940 | 176,856 | 154,874 |
| total shareholders funds | 413,657 | 440,336 | 357,857 | 352,919 | 294,070 | 234,940 | 176,856 | 154,874 |
| Dec 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 66,926 | |||||||
| Depreciation | 9,413 | 5,709 | 6,330 | 6,897 | 4,662 | 2,365 | 2,581 | 3,035 |
| Amortisation | ||||||||
| Tax | -13,393 | |||||||
| Stock | -258,149 | 50,855 | 143,259 | 58,927 | 16,070 | 54,375 | 23,402 | 434,761 |
| Debtors | 414,223 | -55,194 | 104,497 | 249,701 | 57,515 | -70,782 | 120,145 | 404,886 |
| Creditors | 243,903 | -102,837 | 118,166 | -192,051 | -84,116 | 67,852 | -46,154 | 828,389 |
| Accruals and Deferred Income | 133,226 | 32,340 | 13,669 | 86,977 | ||||
| Deferred Taxes & Provisions | -1,966 | -1,130 | -797 | 2,982 | 1,287 | -131 | -381 | 2,543 |
| Cash flow from operations | 282,035 | |||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | 76,267 | -26,284 | 86,377 | 209,207 | ||||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | -15,000 | -21,667 | -18,333 | 55,000 | ||||
| share issue | ||||||||
| interest | -5,212 | |||||||
| cash flow from financing | -3,945 | |||||||
| cash and cash equivalents | ||||||||
| cash | 78,411 | -3,388 | -118,232 | 121,770 | -183,852 | 183,952 | ||
| overdraft | -185,787 | 8,579 | 23,506 | 153,702 | ||||
| change in cash | 264,198 | -8,579 | -23,506 | -157,090 | -118,232 | 121,770 | -183,852 | 183,952 |
scotia roofing supplies limited Credit Report and Business Information
Scotia Roofing Supplies Limited Competitor Analysis
Perform a competitor analysis for scotia roofing supplies limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in FK3 area or any other competitors across 12 key performance metrics.
scotia roofing supplies limited Ownership
SCOTIA ROOFING SUPPLIES LIMITED group structure
Scotia Roofing Supplies Limited has no subsidiary companies.
Ultimate parent company
2 parents
SCOTIA ROOFING SUPPLIES LIMITED
SC377065
scotia roofing supplies limited directors
Scotia Roofing Supplies Limited currently has 6 directors. The longest serving directors include Ms Gail Smith (May 2010) and Ms Marjorie Thomson (May 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Gail Smith | Scotland | 46 years | May 2010 | - | Director |
| Ms Marjorie Thomson | Scotland | 55 years | May 2010 | - | Director |
| Mr Neil McGill | United Kingdom | 48 years | Jun 2018 | - | Director |
| Mr John Douglas | 60 years | Oct 2018 | - | Director | |
| Mr Robert Barclay | 55 years | Nov 2018 | - | Director | |
| Mr Richard Myatt | 53 years | Jan 2020 | - | Director |
P&L
December 2018turnover
6.3m
0%
operating profit
66.9k
0%
gross margin
18.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
413.7k
-0.06%
total assets
1.9m
+0.15%
cash
78.7k
+313.64%
net assets
Total assets minus all liabilities
scotia roofing supplies limited company details
company number
SC377065
Type
Private limited with Share Capital
industry
46130 - Agents involved in the sale of timber and building materials
incorporation date
April 2010
age
15
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2018
previous names
N/A
accountant
-
auditor
GRANT THORNTON UK LLP
address
thornbridge yard, laurieston road, grangemouth, stirlingshire, FK3 8XX
Bank
CLYDESDALE BANK PLC
Legal Advisor
ADDLESHAW GODDARD LLP
scotia roofing supplies 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 found 4 charges/mortgages relating to scotia roofing supplies limited. Currently there are 0 open charges and 4 have been satisfied in the past.
scotia roofing supplies limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for SCOTIA ROOFING SUPPLIES LIMITED. This can take several minutes, an email will notify you when this has completed.
scotia roofing supplies limited Companies House Filings - See Documents
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