SCOTIA DOUBLE GLAZING LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. SCOTIA DOUBLE GLAZING LIMITED 1988-02-09 → present
2. SCOTIA SUREWAY DOUBLE GLAZING LIMITED 1983-09-13 → 1988-02-09

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Dains Audit (Scotland) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a goi”

Significant events

• “new automated welding and cleaning line... was installed and commissioned making an immediate impact on quality and output.”
• “Investment in Scotia's employees was further enhanced over the year. In addition to its commitment to the Real Living Wage pledge, a significant investment was made to the IT infrastructure across Scotia's estate.”
• “Initial opportunities to apply artificial intelligence were identified during the course of the year and some of these have already undergone test and development work to remove the need for repetitive tasks, both in production and in tendering work.”
• “The Company's non-core interests in the supply of architectural windows were finally unwound during the year with the closure of the Alva showroom.”
• “the acquisition of additional land (to be concluded in YE2026) will safeguard Scotia's longer term expansion plans.”
• “The rebanking facility provided in 2019 by HSBC was finally repaid, leaving a balance of HP and the remainder of the Covid loans outstanding.”
• “Ongoing planning for eventual succession has continued and the shareholders made the commitment during the year to gravitate to Employee Ownership of Scotia in YE2026, with the formation of a Trust Company to own the equity of the Group and protect the interests of the employees as ultimate beneficial owners.”
• “During the prior year, the company decided to discontinue its Architectural division as part of the company's broader strategy to streamline operations and focus on its core business. As a result, the Architectural division has been classified separately as a discontinued operation in the financial statements in the current and prior year. The revenues and costs in the current year are associated with the final winding up of these operations.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.