SCOTS BEARINGS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-04-10 (in 11mo)
Last made up 2026-03-27
Watchouts
Cash
£131K
+23.5% vs 2023
Net assets
£3M
+28% vs 2023
Employees
59
-4.8% vs 2023
Profit before tax
£913K
+8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Turnover | — | £16,791,750 | £17,299,443 | |
| Operating profit | — | £845,859 | £913,175 | |
| Profit before tax | — | £845,859 | £913,175 | |
| Net profit | — | £640,345 | £764,349 | |
| Cash | — | £106,291 | £131,296 | |
| Total assets less current liabilities | — | £2,686,837 | £3,553,998 | |
| Net assets | — | £2,664,456 | £3,410,853 | |
| Equity | £2,424,111 | £2,664,456 | £3,410,853 | |
| Average employees | — | 62 | 59 | |
| Wages | — | £2,645,829 | £2,586,975 | |
| Directors' remuneration | — | £618,989 | £451,374 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+3%
£16,791,750 £17,299,443
-
Cash
+23.5%
£106,291 £131,296
-
Net assets
+28%
£2,664,456 £3,410,853
-
Employees
-4.8%
62 59
-
Operating profit
+8%
£845,859 £913,175
-
Profit before tax
+8%
£845,859 £913,175
-
Wages
-2.2%
£2,645,829 £2,586,975
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-01-01 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|
| Operating margin | — | 5.0% | 5.3% | |
| Net margin | — | 3.8% | 4.4% | |
| Return on capital employed | — | 31.5% | 25.7% | |
| Current ratio | — | 1.37x | 1.87x |
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.
Name history
Renamed 1 time since incorporation
- SCOTS BEARINGS LIMITED 2006-04-12 → present
- LETHENDARE LIMITED 2006-03-27 → 2006-04-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Bishop Fleming 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 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.”
Significant events
- “Following the recent acquisition by Antifriction Components Limited, the company has undertaken a strategic review to ensure alignment with the new ownership's vision and long-term goals.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BIANCHI, Alberto Maria | Director | 2024-12-02 | Apr 1955 | Italian |
| DE CHIARA, Danilo, Dr | Director | 2024-12-02 | Sep 1969 | Italian |
| DUNCAN, Thomas | Director | 2015-04-01 | Aug 1959 | British |
| FLEMING, Andrew James | Director | 2024-12-02 | Aug 1974 | British |
| JACKSON, David John | Director | 2006-04-07 | Jun 1956 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JACKSON, Ann | Secretary | 2006-04-07 | 2024-12-02 |
| P & W SECRETARIES LIMITED | Corporate Nominee Secretary | 2006-03-27 | 2006-04-07 |
| GRAY, Ian Campbell | Director | 2015-04-01 | 2015-12-31 |
| HACKWOOD, Richard Mark | Director | 2015-04-01 | 2015-12-31 |
| HENDERSON, Deborah | Director | 2015-04-01 | 2024-12-02 |
| JACKSON, Ann | Director | 2006-04-07 | 2024-12-02 |
| NEILSON, Alan | Director | 2015-04-01 | 2024-03-14 |
| PRESTON, Brian | Director | 2015-04-02 | 2016-01-29 |
| P & W DIRECTORS LIMITED | Corporate Nominee Director | 2006-03-27 | 2006-04-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Anti-Friction Components Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-12-02 | Active |
| Mr David John Jackson | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2024-12-02 |
| Ann Jackson | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2024-12-02 |
Filing timeline
Last 20 of 91 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-06-12 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-30 | AA | accounts | Accounts with accounts type full | |
| 2025-04-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-04 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-12-16 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-12-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-12-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-16 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-16 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-12-16 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-16 | SH01 | capital | Capital allotment shares | |
| 2024-08-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-06-18 | SH06 | capital | Capital cancellation shares | |
| 2024-06-17 | SH03 | capital | Capital return purchase own shares | |
| 2024-06-12 | RESOLUTIONS | resolution | Resolution | |
| 2024-05-16 | AA | accounts | Accounts with accounts type full | |
| 2024-04-30 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 3
- 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.