R & W Scott Ltd

R & W Scott Ltd, based in Newcastle Upon Tyne, UK, is a sizable company with a 21-year history, currently employing 90 people. The company holds assets worth £9,143,157 and generates an annual revenue of £18,227,795. It operates as a holding company and has a real address, overseen by three directors and one owner. The company boasts a stellar 5.0 Google rating from 34 reviews. It regularly imports fats, oils, and waxes from various sources, with 42 months of import activity recorded, the last in January 2025. It exports cocoa and cocoa products, but only irregularly, with one month of export activity recorded in December 2022.

The company’s website, RW Scott Ingredients, positions it as a leading UK manufacturer specializing in indulgent treats for retail, foodservice, and wholesale customers worldwide. Their extensive product range includes chocolate flavour coatings, confectionery fillings, icing, sweet sauces, spreads, and jams. They also offer health-based ingredients. Situated in Carluke, Scotland, the company’s BRCGS AA certified site is staffed by a skilled workforce. The company recently announced a transition to an Employee Ownership Trust (EOT), allowing staff to participate in the company’s future. They encourage customers to get in touch via email or online form.

Financially, R & W Scott Ltd shows a mixed picture. Accrued liabilities decreased by 24%, while deferred tax assets increased significantly. Administrative expenses rose by 9.6%, and director remuneration increased by 11%. Bank borrowings have plummeted, with a dramatic 100% reduction in both current and non-current instruments. Cash reserves, however, have fallen by 66%, and creditors decreased by 18%. Turnover increased by 6.6% to £18 million, but net profit was £1.1 million. The company's size (meeting two of three criteria for a large company) suggests it’s a substantial player in its sector. There is no auditor mentioned, likely due to its size.

Overall, R & W Scott Ltd appears to be navigating a period of change. The move to an EOT could boost employee morale and productivity, but the decline in cash reserves warrants attention. The company’s focus on innovation and customer service, along with its strong reputation, should help it weather any challenges.

Registered in England/Wales under the registration number 05072615, with a registered address at NE1 3PA, England, Newcastle Upon Tyne, Tyne And Wear, Suite B, 8th Floor West One, Forth Banks.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.