Scotbark Llp

Scotbark Llp, based in Inverness, UK, is a small, active family business founded nine years ago. With fifteen employees and £1,824,510 in assets, it’s a well-established operation. The company, which has two directors and two owners, maintains a real address and boasts a stellar 5.0 Google rating based on 37 reviews. It regularly imports vehicles, parts, and accessories (excluding trains and trams), with recent activity recorded just four months ago.

The company’s website is not available, making it difficult to determine the full scope of its operations. However, the available data suggests a focus on importing and distributing automotive components. No specific industry codes were assigned, which is not unusual for smaller businesses.

Financially, Scotbark Llp presents a mixed picture. While bank borrowings have decreased by a significant 29%, dropping to £570,000, cash reserves have also fallen by 1.7% to £820,000. Creditors have increased by 13%, reaching £3,100,000, and trade debtors have risen by 15% to £950,000. The company’s net current liabilities have increased by 26% to -£1,300,000. Despite these challenges, the company meets the criteria for a small business – turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the financial data is unaudited.

Overall, Scotbark Llp seems to be navigating a period of change. While the decrease in bank borrowings is positive, the increase in creditors and the negative net current assets suggest that the company is burning through cash. The family ownership and strong Google rating indicate a commitment to customer service, but the company will need to address its financial situation to ensure long-term sustainability.

Registered in Scotland under the registration number SO305444, with a registered address at IV2 4AT, United Kingdom, Inverness, 41 Culduthel Road.

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