SCOTSMAN BUTE LIMITED
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Cash
—
Latest balance sheet
Net assets
-£281K
-1,309.3% vs 2024
Employees
—
Average over period
Profit before tax
-£261K
-21,329.4% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | -£125,459 | — | |
| Profit before tax | -£1,219 | -£261,224 | -21,329.4% | |
| Net profit | -£1,219 | -£261,224 | -21,329.4% | |
| Cash | — | — | — | |
| Total assets less current liabilities | -£1,926 | £3,488,311 | +181,216.9% | |
| Net assets | -£19,951 | -£281,175 | -1,309.3% | |
| Equity | -£19,951 | -£281,175 | -1,309.3% | |
| Average employees | — | — | — | |
| Wages | — | — | — | |
| Directors' remuneration | — | — | — |
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 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Return on capital employed | — | -3.6% | |
| Current ratio | — | 0.01x | |
| Interest cover | — | -0.92x |
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 3 times since incorporation
- SCOTSMAN BUTE LIMITED 2026-03-17 → present
- SCOTSMAN HOTELS LIMITED 2021-06-02 → 2026-03-17
- G1 HOTELS LIMITED 2020-12-02 → 2021-06-02
- G1 HOSTELS LIMITED 2020-01-13 → 2020-12-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has net liabilities of £281,175 (2024: £19,951). The company is reliant on the continuing support of its ultimate parent company, Scotsman Holdings PLC, which has provided the company with a letter of support confirming this is in place for a period of 12 months from the date of signing of the financial statements. Accordingly, the directors consider that it is appropriate to prepare the financial statements on a going concern basis.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KING, Stefan Paul | Director | 2020-01-13 | Oct 1962 | British |
| ROBERTSON, Ewan James | Director | 2024-08-26 | Apr 1982 | British |
| WELSH, Lesley | Director | 2020-01-13 | May 1975 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MCGHEE, Brian William Craighead | Director | 2020-01-13 | 2022-03-21 |
| MCQUADE, Stephen Anthony | Director | 2020-01-13 | 2024-11-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Scotsman Holdings Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-11-30 | Ceased 2023-11-30 |
| Scotsman Developments Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-11-30 | Active |
| Scotsman Group Plc | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-01-13 | Ceased 2023-11-30 |
Filing timeline
Last 20 of 26 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-03-17 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-17 | CERTNM | change-of-name | Certificate change of name company | |
| 2026-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-13 | AA | accounts | Accounts with accounts type full | |
| 2025-01-15 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-06 | AA | accounts | Accounts with accounts type full | |
| 2024-11-07 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-26 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-08-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-01-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-01-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-01-15 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-01-12 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-01-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-26 | AA | accounts | Accounts with accounts type full | |
| 2023-01-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-29 | AA | accounts | Accounts with accounts type full | |
| 2022-03-23 | TM01 | officers | Termination director company with name termination date | |
| 2022-01-12 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-10-12 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.