Scottish Circular Group Ltd

Scottish Circular Group Ltd, based in Edinburgh, UK, is a small, active company founded three years ago in 2022. It holds £6,765 in assets and operates from a real address, managed by a single director with no owners reported. The company’s primary focus is retail sale via mail order houses or via internet.

The company’s website, Scottish Leather Group, showcases a rich history and commitment to sustainable leather production. They’re the leading manufacturer of leather in the UK, with a focus on operational excellence, innovation, and lowest carbon leather. The website details various aspects of their business, from their history and values to their ESG report and career opportunities. They operate through several businesses: Bridge of Weir, Lang, and Muirhead, each specializing in different aspects of leather production. The site also highlights their BioTAN and FreeTAN technologies, offering biobased, compostable leather solutions.

Financially, Scottish Circular Group Ltd presents a mixed picture. Current assets have decreased by 35%, dropping to £6,800, while net assets have fallen by 29%, reaching -£18,000. Bank borrowings have increased by 1.5%, now at £19,000. Cash reserves are at £160, a decrease of 21%. Creditors remain steady at £5,600. 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 flexibility, but the decline in equity suggests potential financial strain. No auditor is mentioned, likely due to the company's small size and exemption from audit. It seems that they are struggling a little bit, but they are still going.

Registered in Scotland under the registration number SC718790, with a registered address at EH11 1JB, Scotland, Edinburgh, 18 Harden Place.

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