SCOTT TIMBER LIMITED
A subsidiary of Scott Group Investments Ltd, this private company is engaged in sawmilling, planing, and the manufacture of various wood products.
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Cash
£220K
-93.9% lowest in 4 filed years
Net assets
£20M
-30.8% vs 2023
Employees
1,001
-5.1% vs 2023
Profit before tax
-£5.7M
-193.9% lowest in 4 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
4-year trend · vs Basic Materials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £110,133,034 | £179,317,962 | £192,069,585 | £169,290,023 | -11.9% | |
| Operating profit | £8,372,191 | £20,254,614 | £7,292,110 | -£3,537,997 | -148.5% | |
| Profit before tax | £8,933,083 | £17,171,592 | £6,084,450 | -£5,712,785 | -193.9% | |
| Net profit | £7,314,815 | £12,885,342 | £3,741,405 | -£4,591,951 | -222.7% | |
| Cash | £2,377,711 | £1,706,707 | £3,588,353 | £220,166 | -93.9% | |
| Total assets less current liabilities | £15,286,959 | £16,086,229 | £35,707,930 | £25,580,682 | -28.4% | |
| Net assets | £13,885,724 | £13,885,724 | £29,547,877 | £20,455,926 | -30.8% | |
| Equity | £13,885,724 | £13,885,724 | £29,547,877 | £20,455,926 | -30.8% | |
| Average employees | 661 | 937 | 1,055 | 1,001 | -5.1% | |
| Wages | £21,022,662 | £29,471,207 | £33,963,496 | £34,600,197 | +1.9% | |
| Directors' remuneration | £569,956 | £587,838 | £471,318 | £330,000 | -30% |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | 7.6% | 11.3% | 3.8% | -2.1% | |
| Net margin | 6.6% | 7.2% | 1.9% | -2.7% | |
| Return on capital employed | 54.8% | 125.9% | 20.4% | -13.8% | |
| Gearing (liabilities / total assets) | — | — | 66.3% | 68.4% | |
| Current ratio | — | — | 1.22x | 1.08x | |
| Interest cover | 39.53x | 93.56x | 4.87x | -1.43x |
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.
Name history
Renamed 1 time since incorporation
- SCOTT TIMBER LIMITED 1987-07-21 → present
- MALLGLEN LIMITED 1987-06-15 → 1987-07-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“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 going concern for a period of at least twelve months from when the financial statements are authorised for issue. 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.”
Group structure
- SCOTT TIMBER LIMITED · parent
- HLC (Wood Products) Limited 100%
- Pallet Logistics Limited 100%
- SGIL HS Holdings Limited 100%
- SGIL HS Limited 100%
- Whirlowdale Trading Company Limited 100%
- Williams Pallet Services Limited 100%
Significant events
- “In the year to December 2024 turnover decreased to £169.3m (2023: £192.1m). Overall profitability fell during the year as margins continued to be impacted by inflationary pressures, with the company generating a loss before tax of £5.7m (2023: £6.1m profit before tax) and EBITDA of £0.4m (2023: £11.0m).”
- “In 2024, the wider BSW Group established the BSW Community Support Committee. The BSW Community Support Committee is a dedicated charity initiative to ensure we make a positive lasting impact where it is needed the most.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 16 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MILNE, Alan Graham | Director | 2023-08-01 | Nov 1982 | British |
| SANDNER, Andreas | Director | 2026-05-01 | Aug 1986 | German |
Show 16 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SCOTT, James | Secretary | — | 1990-05-22 |
| SCOTT, Norman Robert | Secretary | 1990-05-22 | 2023-05-31 |
| BALLINGER, John | Director | 2009-03-03 | 2019-05-21 |
| GIBSON, Alan | Director | 2009-03-03 | 2023-06-30 |
| GILLIES, Gavin Charles | Director | 2009-03-03 | 2016-05-06 |
| GRANT, Scott Allan | Director | 2021-01-01 | 2025-08-01 |
| HUNTER, Karen | Director | 2005-01-01 | 2019-05-21 |
| MACLEAN, Robert William | Director | 2015-08-24 | 2024-02-14 |
| MCNEILLY, Kevin | Director | 2019-04-18 | 2024-06-30 |
| MOIR, Alan George | Director | 1998-08-31 | 2007-06-26 |
| SCOTT, Christina Bell | Director | — | 2007-06-26 |
| SCOTT, James | Director | — | 1990-05-22 |
| SCOTT, John Carruthers | Director | 1992-08-13 | 2010-03-08 |
| SCOTT, Norman Robert | Director | 1995-12-27 | 2023-05-31 |
| TROTTER, Tracy Jayne | Director | 2005-01-01 | 2023-07-31 |
| WELLS, Alistair | Director | 2009-03-03 | 2019-05-21 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Bsw Timber Limited | Corporate entity | Shares 75–100% | 2025-12-19 | Active |
| Scott Group Investment Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors, Significant influence (as firm) | 2016-09-01 | Ceased 2025-12-19 |
Filing timeline
Last 20 of 161 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-23 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2025-12-22 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-12-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-08-01 | CH01 | officers | Change person director company with change date | |
| 2025-08-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-02 | AA | accounts | Accounts with accounts type full | |
| 2024-07-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-02 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-13 | AA | accounts | Accounts with accounts type full | |
| 2023-08-09 | AP01 | officers | Appoint person director company with name date | |
| 2023-08-02 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-03 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-06 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-12-07 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.