Scott & Newman Limited

Scott & Newman Limited, based in Shrewsbury, UK, is a small, active company with a long history, having been founded 51 years ago in 1973. The firm employs 14 people and holds assets worth £4,758,209. It has a real address at Shrewsbury Business Park and is overseen by four directors, with Owen Ray being the sole owner. The company irregularly imports and exports edible vegetables and roots, with a recent import operation in April 2024 and an export operation in June 2022.

Scott & Newman Limited operates as a ware and seed potato merchant, sourcing potatoes from growers across the country and selling them to customers. Their website highlights a commitment to trust and integrity, emphasizing their extensive knowledge of the potato business. They procure ware potatoes, carefully selecting samples to ensure quality, and manage seed potato production with dedicated growers and agronomic support. The company also has a showroom in Harrods, London.

Financially, Scott & Newman Limited shows a mixed picture. Cash and cash equivalents decreased by 12%, dropping to £1,400,000. Current assets, however, increased by 11%, reaching £4,800,000. Trade creditors also rose by 11%, reaching £1,900,000, suggesting an increase in short-term liabilities. Net assets grew by 26%, reaching £3,000,000, and the company’s dividend paid decreased by 60%, dropping to £200,000. 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. The company’s accounts are audited, and WR Partners is the auditor. The report states that the accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Registered in England/Wales under the registration number 01112043, with a registered address at SY2 6LG, Shrewsbury, Shropshire, Sitka House, Sitka Drive, Shrewsbury Business Park.

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