SCOTTISH DAILY RECORD AND SUNDAY MAIL LIMITED
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Cash
£89k
-2.2% vs 2024
Net assets
£81m
+2% highest in 3 filed years
Employees
176
-10.2% lowest in 3 filed years
Profit before tax
£2.1m
+451% vs 2024
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £41,212,000 | £38,106,000 | £35,184,000 | -7.7% | |
| Operating profit | £3,859,000 | -£19,231,000 | £2,239,000 | +111.6% | |
| Profit before tax | £3,865,000 | £386,000 | £2,127,000 | +451% | |
| Net profit | £2,981,000 | -£748,000 | £1,608,000 | +315% | |
| Cash | — | £91,000 | £89,000 | -2.2% | |
| Total assets less current liabilities | £84,317,000 | £82,539,000 | £83,498,000 | +1.2% | |
| Net assets | £80,267,000 | £79,519,000 | £81,127,000 | +2% | |
| Equity | £80,267,000 | £79,519,000 | £81,127,000 | +2% | |
| Average employees | 243 | 196 | 176 | -10.2% | |
| Wages | £9,047,000 | £7,415,000 | £7,324,000 | -1.2% | |
| Directors' remuneration | — | £0 | £0 | — |
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 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 9.4% | -50.5% | 6.4% | |
| Net margin | 7.2% | -2.0% | 4.6% | |
| Return on capital employed | 4.6% | -23.3% | 2.7% | |
| Gearing (liabilities / total assets) | 4.9% | 3.9% | 3.1% | |
| Interest cover | 46.49x | -92.46x | 11.14x |
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 101
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the date of signing of these financial statements the directors have considered all the factors impacting the Company's business... The directors therefore have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- SCOTTISH DAILY RECORD AND SUNDAY MAIL LIMITED · parent
- First Press Publishing Limited 100%
- Insider Publications Limited 100%
- Metropolitan Free Newspapers Limited 100%
- Saltire Press Limited 100%
- Glaswegian Publications Limited 100%
- The Edinburgh and Lothians Post Limited 100%
Significant events
- “On 8 December 2025, the balance on the share premium account of £18,000 was cancelled and the issued share capital of the Company was reduced from £1,022,084 to £1,000 by cancelling and extinguishing 1,021,084 of the issued ordinary shares of £1.00 each, creating distributable reserves.”
- “The corporate simplification programme undertaken during the prior year resulted in an increase in investments of £5,467,000, and a subsequent impairment of £23,988,000 when the entities, all of which were dormant, were put into liquidation.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 65 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| REACH SECRETARIES LIMITED | Corporate Secretary | 2002-03-11 | — | — |
| FISHER, Darren | Director | 2023-02-14 | May 1966 | Australian,British |
| NORTH, Piers Michael | Director | 2025-03-31 | Jan 1976 | British |
Show 65 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FOLEY, John Gerard | Secretary | 1998-11-02 | 2002-03-11 |
| HENRY, Antony Frederick Hugh | Secretary | — | 1994-02-03 |
| MCCALL, Graham Kenneth | Secretary | 1997-08-15 | 1998-10-30 |
| MIDDLEMISS, George Richardson | Secretary | 1994-04-20 | 1997-09-11 |
| ALEXANDER, Kenneth John Wilson, Sir | Director | 1991-04-12 | 1992-11-18 |
| ALLWOOD, Charles John | Director | 1992-12-16 | 2000-07-20 |
| ANDERSON, John William | Director | 1990-01-11 | 1990-06-21 |
| ANDERSON, John William | Director | — | 2001-05-31 |
| AUTY, Stephen Gerald | Director | 1994-12-19 | 1995-09-18 |
| BARBER, Stephen David | Director | 1998-09-01 | 1999-09-30 |
| BEATTY, Kevin Joseph | Director | 1993-04-21 | 1996-08-01 |
| CASSIDY, James Bartholomew | Director | 1993-04-21 | 1999-09-15 |
| CHISHOLM, James Patrick | Director | 1998-07-06 | 2000-03-17 |
| CLARKE, Martin | Director | 1998-05-01 | 2000-08-31 |
| CONNOR, Terence Michael | Director | 1993-02-26 | 1999-09-30 |
| COX, Peter Geoffrey | Director | 1999-10-25 | 2001-12-20 |
| EWING, Margaret | Director | 2000-01-04 | 2002-06-28 |
| FOLEY, John Gerard | Director | 1999-02-01 | 2001-12-20 |
| FOX, Simon Richard | Director | 2014-11-17 | 2014-11-17 |
| FOX, Simon Richard | Director | 2013-05-17 | 2019-08-16 |
| FULLER, Simon Jeremy Ian | Director | 2019-03-01 | 2022-12-31 |
| GRAF, Charles Philip | Director | 1999-10-25 | 2001-12-20 |
| GRANT, Peter Christopher | Director | 1994-12-19 | 1997-02-28 |
| GROSSART, Angus Mcfarlane Mcleod, Sir | Director | 1998-01-28 | 2007-05-10 |
| HAINES, Joseph Thomas William | Director | — | 1992-10-22 |
| HAYNES, Fiona | Director | 2000-05-12 | 2001-12-20 |
| HAYSOM, Mark Derrick | Director | 2000-10-19 | 2003-04-10 |
| HENRY, Antony Frederick Hugh | Director | — | 1994-02-03 |
| HOLLINSHEAD, Mark Thomas | Director | 1998-05-11 | 2014-12-12 |
| HORWOOD, Victor Lindsay | Director | — | 1993-01-22 |
| HUGHES, Kevin | Director | 1994-12-19 | 2001-12-20 |
| KANE, William James | Director | 1996-11-04 | 1998-01-14 |
| LAIRD, Endell Johnston | Director | — | 1994-09-30 |
| LEITCH, Graham | Director | 2000-06-26 | 2000-11-24 |
| LESLIE, John Gisbey | Director | 2001-10-01 | 2001-12-20 |
| LIDDELL, Helen Lawrie, Baroness | Director | 1991-04-12 | 1993-01-18 |
| LINDSAY, Robert James | Director | — | 1991-04-12 |
| MACLENNAN, Murdoch | Director | 1992-11-11 | 1995-01-02 |
| MACMASTER, Kirsty | Director | 1993-02-26 | 1998-03-31 |
| MASTERS, Michael David | Director | 1999-10-25 | 2000-12-19 |
| MAXWELL, Ian Robert | Director | 1991-03-07 | 1991-11-05 |
| MAXWELL, Ian Robert Charles | Director | 1989-06-15 | 1989-06-28 |
| MAXWELL, Ian Robert Charles | Director | 1989-06-15 | 1989-06-28 |
| MAXWELL, Kevin Francis Herbert | Director | 1989-06-16 | 1991-04-12 |
| MCCALL, Graham Kenneth | Director | 1998-05-01 | 1998-10-30 |
| MCCLATCHIE, Colin James Stewart | Director | — | 1994-12-07 |
| MCLAUGHLIN, Stephen Peter | Director | 1998-05-01 | 2000-06-30 |
| MCMAHON, Kevin James | Director | 1991-04-12 | 1993-03-12 |
| MIDDLEMISS, George Richardson | Director | 1994-09-13 | 1997-09-11 |
| MONTGOMERY, David John | Director | 1992-12-16 | 1999-01-26 |
| MOORE, Patricia Cecilia | Director | 1996-08-01 | 2001-08-17 |
| MORRISON, Kirsten Julie | Director | 2000-05-12 | 2001-12-20 |
| MULLEN, James Joseph | Director | 2019-08-16 | 2025-03-31 |
| OAKLEY, Christopher John | Director | 1998-01-14 | 1998-03-31 |
| PARK, James Clement | Director | 1997-01-07 | 1998-03-05 |
| QUINN, Terence James | Director | 1994-10-17 | 1998-04-24 |
| RENNIE, Alan | Director | 2000-10-03 | 2001-12-20 |
| SAMPSON, Stephen William Fraser | Director | 1999-02-01 | 2001-12-20 |
| TERRIS, Gordon Begg | Director | — | 1994-12-13 |
| VAGHELA, Vijay Kumar Lakhman Meghji | Director | 2003-07-01 | 2019-06-30 |
| VICKERS, Paul Andrew | Director | 1993-02-26 | 2014-11-17 |
| VICKERY, Patrick Gray | Director | 2001-07-23 | 2001-12-20 |
| WEST, Denise May | Director | 2000-05-12 | 2001-12-20 |
| WILLIAMS, Alwyn | Director | — | 1990-06-07 |
| WILSON, Charles Martin | Director | 1996-08-01 | 1998-01-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mgl2 Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 304 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-09 RESOLUTIONS Resolution
- 2024-12-13 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-25 | AA | accounts | Accounts with accounts type full | |
| 2026-08-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-12-09 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2025-12-09 | CAP-SS | insolvency | Legacy | |
| 2025-12-09 | SH20 | capital | Legacy | |
| 2025-12-09 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-13 | AA | accounts | Accounts with accounts type full | |
| 2025-07-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-13 | CC04 | change-of-constitution | Statement of companys objects | |
| 2024-09-10 | AA | accounts | Accounts with accounts type full | |
| 2024-07-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-08-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-10 | AA | accounts | Accounts with accounts type full | |
| 2023-02-17 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-28 | AA | accounts | Accounts with accounts type full | |
| 2022-08-10 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 2
- 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.