Scott Contracting Ltd

Scott Contracting Ltd, based in London, UK, is a small, active company founded four years ago. With just £1,025 in assets and a virtual address shared by seventeen other companies, it's a lean operation led by a single director and owner, Scott Tevin. The company enjoys a stellar 5.0 Google rating based on four reviews, a testament to its customer service.

The business primarily operates in the retail sale via mail order houses or via internet, with a focus on construction services. Its website showcases a portfolio of projects, ranging from renovations and extensions to new builds and landscaping—a clear indication of an established construction business. It seems to be a traditional construction firm, not an ecommerce business.

Financially, Scott Contracting Ltd presents a mixed picture. While bank borrowings decreased by 22%, cash reserves have dramatically fallen by 97%, leaving just £490. Creditors have also decreased by 23%, which could be a positive sign, but the significant drop in net assets—down 56% to £7,400—and a substantial increase in loans from directors (1400%) are concerning. Current assets have also plummeted by 93%. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the sharp decline in equity suggests it's burning through cash. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

It seems Scott Contracting Ltd is navigating a challenging period, likely due to increased costs or slower project timelines. While its reputation and Google rating are strong, the company needs to address its cash flow situation to ensure its long-term viability.

Registered in England/Wales under the registration number 13323744, with a registered address at EC1V 2NX, England, London, Arthur Hamilton Accountancy Ltd, 124 City Road.

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