SCOTTISH ELECTRICAL CONTRACTORS INSURANCE LIMITED

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

• Turnover

  +2%

  £880,831 → £898,074

• Cash

  +2.2%

  £2,741,961 → £2,803,155

• Net assets

  +1.5%

  £2,606,545 → £2,646,586

• Employees

  —

  Not reported

• Operating profit

  +47.8%

  -£63,848 → -£33,299

• Profit before tax

  +6,875.8%

  £574 → £40,041

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

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)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

CT Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“On the basis of their assessment of the Company's financial position and resources, the directors believe that the Company is well placed to manage its business risks. Therefore the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future.”

Significant events

• “This year has seen a decrease of 2,373 in the number of individual Welfare Credits sold - 2025: 148,580 credits (2024: 150,953 credits) due to an overall drop in the number of operatives covered. An increase of 70p per credit was applied on 1 January 2025 to reflect the increase in 2025 premiums.”
• “There has been an increase in the total number of claims from 168 in the prior year to 182 in the current year and the average length of illness was 9.40 weeks compared with 10.93 weeks last year.”
• “The disbursement benefit increased from £30,000 to £40,000 per claim with effect from 1 January 2025.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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