Scott Tools Limited

Scott Tools Ltd, based in London, UK, is a small, active company founded 17 years ago. With 15 employees and £530,980 in assets, it operates from a virtual address – a point to note as 895 companies are registered at the same location. The business is managed by three directors and two owners, and currently holds a perfect 5.0 Google rating based on a single review. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances, with recent activity recorded as of May 2024.

The company’s website highlights Scott Tools as a “progressive, forward-thinking mould tool design and manufacturing company.” It offers services including design input, prototype creation, production tooling, and small batch/production machining. Operating from a modern industrial unit in southern England, it leverages advanced software and CNC machine tools to cater to a wide range of customer needs. The website details a focus on precision mould tools, indicating a specialized manufacturing focus.

Financially, Scott Tools Ltd presents a mixed picture. While cash reserves increased by a healthy 35% to £250,000, current assets declined by 14% to £530,000. Trade debtors have decreased by 35%, which could be a positive sign of improved collections. However, bank borrowings have vanished entirely, which may suggest a reliance on retained earnings or a need for additional financing. Depreciation on plant machinery has increased significantly by 44%, indicating ongoing investment in equipment, but also a potential drag on profitability. The company, meeting two of three conditions to be considered small, benefits from agility, but the trends suggest it’s navigating a competitive landscape. As a small company, it’s likely exempt from an audit, and the figures are unaudited.

Registered in England/Wales under the registration number 06562042, with a registered address at EC2A 4NE, England, London, 3rd Floor 86 - 90 Paul Street.

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