SCOTTISH LEATHER GROUP LIMITED
Get an alert when SCOTTISH LEATHER GROUP LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-08-11 (in 3mo)
Last made up 2025-07-28
Watchouts
None on the register
Cash
£3M
-12.4% vs 2024
Net assets
£61M
+0.5% vs 2024
Employees
686
-7.4% vs 2024
Profit before tax
£715K
+41% vs 2024
Name history
Renamed 1 time since incorporation
- SCOTTISH LEATHER GROUP LIMITED 2005-07-01 → present
- SCOTTISH TANNING INDUSTRIES LIMITED 1965-04-05 → 2005-07-01
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £103,902,000 | £99,481,000 | |
| Operating profit | £850,000 | £1,204,000 | |
| Profit before tax | £507,000 | £715,000 | |
| Net profit | £196,000 | £254,000 | |
| Cash | £3,618,000 | £3,168,000 | |
| Total assets less current liabilities | £71,589,000 | £70,868,000 | |
| Net assets | £60,963,000 | £61,267,000 | |
| Equity | £60,963,000 | £61,267,000 | |
| Average employees | 741 | 686 | |
| Wages | £25,868,000 | £24,785,000 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | 0.8% | 1.2% | |
| Net margin | 0.2% | 0.3% | |
| Return on capital employed | 1.2% | 1.7% | |
| Gearing (liabilities / total assets) | 32.1% | 28.0% | |
| Current ratio | 2.81x | 3.51x | |
| Interest cover | 1.84x | 2.43x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Johnston Carmichael LLP
- 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 group's and parent 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.”
Group structure
- SCOTTISH LEATHER GROUP LIMITED · parent
- Scottish Leather Group Operations Limited 100%
- NCT Leather Limited 100%
- W J & W Lang Limited 100%
- Andrew Muirhead & Son Limited 100%
- SLG Technology Limited 100%
- Bridge of Weir Leather Company Limited 100%
- Scottish Leather Group Deutschland GmbH 100%
- Shanghai BiQiao Trading Company Limited 100%
- Muirhead Leather (Guangzhou) Co Ltd 100%
- Bridge of Weir Leather Company Inc 100%
- SLG (Hong Kong) Limited 100%
- Garston Leather Limited 100%
- SLG EBT Trustee Company Limited 100%
- Gartness Properties Limited 100%
Significant events
- “This performance reflects a year of both resilience and transformation, as the business navigated a volatile automotive market while accelerating its strategic diversification of its customer portfolio into aviation, rail, and foam sectors.”
- “The automotive sector faced significant challenges, including a sudden drop in global demand and intensified competition, which contributed to the decline in revenue. In contrast, the aviation sector exceeded expectations, supported by our sewn cover service and a major contract win for a fully integrated seat solution featuring our BioPRO foam.”
- “Despite continued turbulence in the global leather market, the group made meaningful progress in broadening its customer base, advancing sustainability initiatives, and laying the groundwork for long-term growth.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 22 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CHALK, Lesley Elizabeth | Secretary | 2025-07-01 | — | — |
| CARNACHAN, Michael Thomas | Director | 2023-05-25 | Apr 1973 | British |
| LANG, William James Campbell | Director | 2003-09-18 | Apr 1961 | British |
| MCDONALD, Michelle | Director | 2023-10-01 | Aug 1976 | British |
| MORSE, Stella Helen | Director | 2023-06-30 | Aug 1967 | British |
| MUIRHEAD, Andrew James Macfie | Director | 2024-09-01 | Jun 1985 | British |
| MUIRHEAD, Nicholas Ramsay | Director | 2020-08-20 | Apr 1983 | British |
| SCOTT, Pamela Elizabeth | Director | 2021-10-01 | Jul 1969 | British |
Show 22 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BROWN, Ronald Walter | Secretary | 2009-06-30 | 2025-06-30 |
| SMITH, William Wilson Campbell | Secretary | — | 2009-06-30 |
| ARCHIBALD, David Milligan | Director | 2020-08-20 | 2023-03-31 |
| BALFOUR, Hew Edward Ogilvy | Director | 2008-01-01 | 2010-12-31 |
| BROWN, Robert Muirhead Birnie | Director | 2013-05-01 | 2023-09-12 |
| DAVIDSON, James | Director | 2012-04-01 | 2023-05-31 |
| DICKINSON, Robert Ernest | Director | — | 2000-11-30 |
| DUFFIN, Iain Donaldson | Director | 2008-01-01 | 2016-12-31 |
| FERGUS, John Graham | Director | — | 1997-06-27 |
| GRIER, Scott | Director | 1996-08-28 | 2003-06-27 |
| HENDERSON, John F | Director | — | 2008-12-11 |
| HENNING, Steven Simon | Director | 2022-10-01 | 2023-08-31 |
| KERR, Alastair Gibson | Director | 2016-11-01 | 2022-06-30 |
| LUNDIE, Ian Allison | Director | 2013-01-07 | 2019-11-20 |
| MACTAGGART, Dugald | Director | 2019-09-02 | 2022-06-22 |
| MARSHALL, Margaret Karen Sutherland | Director | 2007-01-01 | 2022-06-30 |
| MCFADYEN, Iain Fleming | Director | 1996-04-01 | 2022-10-01 |
| MUIRHEAD, Jonathan Andrew Macfie | Director | — | 2019-06-28 |
| ROSS, Gordon | Director | 1989-09-01 | 2014-06-27 |
| SMITH, Edward John Gerard | Director | 2016-11-01 | 2022-06-30 |
| WADE, John Christopher | Director | — | 1995-03-31 |
| FERGUSLIE PARK HOUSING ASSOCIATION | Corporate Director | 1996-08-26 | 1997-07-24 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 195 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-09-20 MA Memorandum articles
- 2024-09-19 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-13 | AA | accounts | Accounts with accounts type group | |
| 2025-08-11 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-07-14 | CH01 | officers | Change person director company with change date | |
| 2025-07-14 | CH01 | officers | Change person director company with change date | |
| 2025-07-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-07-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-11-11 | AA | accounts | Accounts with accounts type group | |
| 2024-09-20 | MA | incorporation | Memorandum articles | |
| 2024-09-19 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-02 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-09 | AA | accounts | Accounts with accounts type group | |
| 2023-10-02 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-12 | TM01 | officers | Termination director company with name termination date | |
| 2023-07-28 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-15 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-05-26 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- 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.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-4.3%
£103,902,000 £99,481,000
-
Cash
-12.4%
£3,618,000 £3,168,000
-
Net assets
+0.5%
£60,963,000 £61,267,000
-
Employees
-7.4%
741 686
-
Operating profit
+41.6%
£850,000 £1,204,000
-
Profit before tax
+41%
£507,000 £715,000
-
Wages
-4.2%
£25,868,000 £24,785,000
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