Sealco (scotland) Limited

Sealco Scotland Ltd, based in Falkirk, UK, is a small, active company established 28 years ago. With 26 employees and a real address, the company operates under the direction of three directors and one owner, Malcolm Derek Wilson. It’s been importing miscellaneous metal items for a substantial 109 months, with the latest import occurring in February 2025, and has also exported these items for six months, with the most recent export in March 2024. The company specializes in distributing window and door hardware, with a website showcasing a wide range of products, including handles, hinges, and security systems.

While primarily focused on supplying window and door hardware, Sealco Scotland Ltd also operates a division specializing in piano restoration. This division, founded in 1975, has a showroom in Harrods, London, and offers services ranging from museum-grade restorations to disaster recovery for damaged pianos. The dual nature of the business—hardware distribution and high-end piano restoration—presents an interesting contrast in scale and prestige.

Financially, Sealco Scotland Ltd's recent report reveals some concerning trends. Accumulated depreciation for property, plant, and equipment increased by 27%, while the number of employees rose by 15% to 30. However, cash bank on hand fell by 21% to £2.6 million. Corporation tax payable increased by 46%, and creditors rose by 23% to £2.1 million. Debtors, however, saw a significant increase of 32% to £3.5 million. The company's net assets increased by 14% to £6.1 million. Despite these shifts, the company remains classified as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is likely due to its small size, meaning the figures are unaudited.

These numbers suggest Sealco Scotland Ltd is experiencing growth, but also facing increased financial pressures. The rise in debt and tax liabilities, coupled with a decline in cash reserves, could indicate a need for careful financial management. The dual nature of the business—hardware distribution and piano restoration—may be contributing to these complexities, with the high-end piano division potentially requiring significant investment.

Registered in Scotland under the registration number SC174003, with a registered address at FK2 9EG, Falkirk, Stirlingshire, Unit 2, St Johns Sawmills, Etna Road.

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