Scott.co (glasgow) Ltd

Scott.co (glasgow) Ltd, based in Wishaw, UK, is a small, active company established seven years ago in 2017. With three employees and £232,210 in assets, it operates from a real address at 103 Shankly Drive. The company is led by a single director and owner, Shahzad Amir, and currently holds a 2.0 Google rating based on 100 reviews. It’s a regular importer, primarily dealing in iron or steel products, with recent activity recorded in September 2024.

The company’s website reveals it provides debt recovery services, operating under the name Scott & Co. It’s the largest provider of debt collection and enforcement services to Scottish Local Authorities, and also offers services to Housing Associations and even international clients. The site emphasizes its expertise and provides FAQs, enforcement factsheets, and even a payment portal. It also highlights its commitment to corporate responsibility and customer service, with a complaint handling procedure and customer charter.

Financially, Scott.co (glasgow) Ltd presents a mixed picture. While average number of employees remained constant at three, current assets decreased by 11% to £230,000. Bank borrowings were reduced by 32% to £9,000, and cash reserves increased slightly by 1.2% to £24,000. However, net assets declined by 31% to £15,000, and net current assets and liabilities dropped dramatically. Trade creditors increased by 100%, suggesting a need for improved cash flow management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity warrants attention. The accounts are unaudited, a common occurrence for small companies.

Overall, Scott.co (glasgow) Ltd seems to be navigating a period of change. While its debt recovery services appear robust, the financial data suggests a need for careful management to ensure long-term stability.

Registered in Scotland under the registration number SC564434, with a registered address at ML2 9RB, Scotland, Wishaw, 103 Shankly Drive.

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