Rachel Scott Ltd.
- Small
- Active
- 6 years
- 4 employees
- £317,196 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Irregular exporter
- Family business
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Rachel Scott Ltd is a small, family-run business based in Edinburgh, UK, with an active trading status. Founded five years ago in May 2019, the company employs four people and holds £317,196 in assets. It operates from a real address and is managed by two directors and two owners. The company regularly imports clothing and accessories, not knitted or crocheted, for six months, with the last import operation occurring in February 2025. It also exports clothing and accessories, not knitted or crocheted, irregularly, with one month of export activity and the last operation in August 2024.
The company's website showcases a luxury bridalwear and occasion wear boutique, offering designer brands like Vivienne Westwood, Suzanne Neville, and Danielle Frankel. It also provides a sample sale section and offers bespoke styling services. The website highlights a focus on personalized service and expert tailoring, catering to brides and those seeking special occasion attire. It’s clear the company is focused on high-end fashion retail.
Financially, Rachel Scott Ltd presents a mixed picture. Cash reserves have significantly decreased, plummeting 91% to just £24,000. Bank borrowings have increased, with overdrafts rising 35% to £10,000, while non-financial instruments have dropped 55% to £10,000. Current assets have also decreased by 30% to £320,000. Creditors have slightly decreased by 5% to £420,000. Equity, however, has taken a dramatic hit, decreasing by 92% to -£85,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the sharp equity decline is concerning. There is no auditor mentioned, likely due to its small company status.
The company’s reliance on imports and its fluctuating export activity suggests a business navigating supply chain challenges. The significant drop in equity, despite a decrease in creditors, points to potential losses or increased expenses. While the luxury bridalwear market is strong, Rachel Scott Ltd will need to address these financial pressures to ensure its long-term viability.
Registered in Scotland under the registration number SC629980, with a registered address at EH3 6QQ, Scotland, Edinburgh, 29b Dundas Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Snedden Rachel
- 6 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Snedden Scott
- 6 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Snedden Scott
- 6 years
-
Resident of United Kingdom
-
Individual
- Snedden Rachel
- 6 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven days ago.
Last news
-
Confirmation statement made on 2025-05-05 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-05-31Download 11 pages pdf report
-
Confirmation statement made on 2024-05-05 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Rachel Scott Ltd.
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