Scotmed Limited
- Small
- Active
- 33 years
- 5 employees
- £164,440 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
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
Social media
Phones
Summary
Scotmed Limited is a small, active company based in Paisley, Scotland, founded 33 years ago in December 1991. With five employees and £164,440 in assets, it’s a solo-founded operation managed by a single director and owner, Watson Robert Malcolm. The company operates in the non-specialised wholesale trade industries and is a regular importer, with its top category being optical and medical tools and devices, totaling four months of imports, the last being February 1, 2025. It has a real registered address, with only one other company registered at the same location.
The company's website, salesscotmed.com, positions Scotmed Limited as "The Surgical Instrument Experts," offering a comprehensive range of high-quality products for medical needs. It caters to operating theatres and surgical instrument needs, emphasizing efficiency and cost-effectiveness. The site highlights a focus on surgical instruments, repairs, crash carts, and modular storage solutions, aiming to be a single supplier for all client needs. It also boasts a subscription form for updates.
Financially, Scotmed Limited presents a mixed picture. While cash reserves increased slightly by 6% to £95,000, current assets remained steady at £160,000. However, equity decreased by 6.5% to £120,000, and net current assets liabilities also fell by 6.5% to £120,000. Trade debtors decreased by 10% to £58,000, suggesting better payment collection, but creditors increased by 28% to £43,000. The number of employees increased significantly by 60% to eight, which could be a sign of expansion or increased workload. As a small company, it meets two of three criteria for size (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), and the accounts are unaudited, likely due to exemption as a small company.
Registered in Scotland under the registration number SC135378, with a registered address at PA1 2TT, Queen Street, Paisley.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 33 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Confirmation statement made on 2024-12-04 with no updatesDownload 3 pages pdf report
-
Unaudited abridged accounts made up to 2024-01-31Download 8 pages pdf report
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Confirmation statement made on 2023-12-04 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Scotmed Limited
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