SCOT GROUP LIMITED

1. SCOT GROUP LIMITED 1996-05-08 → present
2. ROTACELL LIMITED 1979-06-05 → 1996-05-08

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. 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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing the Company's financial position and forecasts, the Directors are satisfied that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis. Further details are provided in the accounting policies note on page 15.”

Group structure

1. SCOT GROUP LIMITED · parent
   1. Hire Vehicles Limited 100% · England and Wales · Dormant
   2. Scot Insurance Services Limited 100% · England and Wales · Dormant
   3. Scot Development Limited 100% · England and Wales · Dormant

Significant events

• “Annual turnover for 2024/25 has increased to £175.5m (2023/24: £168.3m) as rental volumes increased, alongside inflationary rate increases.”
• “Cost of sales decreased by £5.5m to £94.0m (2023/24: £99.5m) due to lower depreciation charges and lower vehicle maintenance costs.”
• “The cost of borrowing increased by £2.7m to £20.8m (2023/24 £18.1m) due to additional funding required to support the newer mix of vehicles on fleet.”
• “Dividends paid during the year totalled £73.8m (2023/24: £40.1m).”
• “Net assets at year-end were £132.8m (2024: £149.9m). Gearing rose from 204% to 256%, with year-end net debt increasing by £34.4m to £339.3m (2024: £304.9m).”
• “The launch of a new brand, Switch, in October 2024 was a major strategic initiative aimed at enhancing the Company's presence in the daily rental market.”
• “The Board approved a comprehensive IT transformation programme to replace legacy systems with a unified digital platform.”
• “As supply chains recovered to near pre-pandemic levels, the Company leveraged its strong supplier relationships to optimise fleet composition and holding term.”
• “During the year, we launched our comprehensive ESG report, Switch on to ESG.”
• “The Company invested in a new website to better meet the evolving needs of its customers.”
• “On 14 August 2023, the Company acquired 100% of the issued share capital of Allan White Motors Limited for £3,692,000.”
• “During 2024/25, Allan White Motors Limited was dissolved following the transfer of trade and assets.”

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

Filings

8

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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

• Turnover

  +4.3%

  £168,257,000 → £175,549,000

• Cash

  +721.2%

  £4,507,000 → £37,012,000

• Net assets

  -11.4%

  £149,920,000 → £132,813,000

• Employees

  -0.6%

  1,011 → 1,005

• Operating profit

  +10.9%

  £82,409,000 → £91,396,000

• Profit before tax

  +9%

  £65,077,000 → £70,937,000

• Wages

  +4%

  £29,942,000 → £31,145,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers