Scot Young Research Limited

Scot Young Research Ltd, based in the West Midlands, UK, is a holding company with a long history, established 74 years ago in 1950. The company employs 123 people and boasts assets totaling £10,018,152. It’s a real address, with two directors and one owner, and maintains a 3.0 Google rating from eight reviews. The company regularly imports textile products, sets, used clothing, and rags (303 months of import activity) and exports miscellaneous manufactured goods (163 months).

Scot Young Research Ltd operates in the manufacture of other plastic products industries. Its website, SYR, highlights a focus on cleaning solutions, offering a wide range of products and services, including bespoke printing and product development. The company emphasizes sustainability through its SYR Switch range, made from recycled plastics and offering a return scheme for end-of-life products. The site also features a cleaning magazine, Wringer and Press, offering industry insights and advice.

Financially, Scot Young Research Ltd presents a mixed picture. While net assets remained stable at £7.6 million, cash reserves decreased by 20% to £2.1 million. Bank borrowings were reduced by 16% to £660,000, and current assets decreased by 11% to £10 million. A significant increase in accumulated depreciation and impairment of property, plant, and equipment—rising 600% to £300,000—suggests increased investment in assets. The company’s staff costs decreased slightly, by 3.3%, and the company’s turnover is not mentioned. The lack of an auditor’s name suggests the company is exempt from an audit.

The company’s long history and established presence suggest stability, but the fluctuating financial indicators—particularly the increase in depreciation—indicate potential investments or changes in operational strategy. The company's continued focus on sustainability and customer support, as reflected in its website, positions it well for future growth, but it’s important to monitor its financial performance closely.

Registered in England/Wales under the registration number 00481830, with a registered address at DY9 8HG, West Midlands, Lye By Pass, Lye Stourbridge.

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