SCOTMID COOP LIFE SERVICES LIMITED Financials
- Company number
- SC391536CopyCopy
- Registered office
- 147 St. Georges Road, Glasgow G3 6LB
- Incorporated
- 14/01/2011
Company snapshot
- Status
- Active
- Employees
- 88 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
40.21%vs 20222022: £11.93M
Total Assets
11.13%vs 20222022: £23.13M
Cash in Bank
953.48%vs 20222022: £84.98K
Total Liabilities
-29.56%vs 20222022: £6.98M
Employees
-13vs 20222022: 101
In 2023, SCOTMID COOP LIFE SERVICES LIMITED reported net assets of £16.72M. The same filing shows total assets of £25.70M, cash in bank of £895.26K and total liabilities of £4.92M. Reported headcount was 88 in 2023. Net Assets rose from £11.93M in 2022 to £16.72M in 2023 (40.21%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
40.21%from £11.93M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures SCOTMID COOP LIFE SERVICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+54.2%vs 2021+24.2% a year compound (CAGR)
Cash in Bank
+77%vs 2021+33% a year compound (CAGR)
Total Assets
+15.7%vs 2021+7.5% a year compound (CAGR)
Total Liabilities
-28.8%vs 2021-15.6% a year compound (CAGR)
Employees
-15.4%vs 2021-16Biggest increase
Cash in Bank+77%
£505.79K in 2021 to £895.26K in 2023
Biggest decrease
Total Liabilities-28.8%
£6.91M in 2021 to £4.92M in 2023
SCOTMID COOP LIFE SERVICES LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SCOTMID COOP LIFE SERVICES LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 65.06%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 19.13%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 18.21%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 3.48%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £110.35K2023
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for SCOTMID COOP LIFE SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 10.85M | 11.93M | 16.72M |
| Total Assets£ | 22.22M | 23.13M | 25.70M |
| Cash in Bank£ | 505.79K | 84.98K | 895.26K |
| Total Liabilities£ | 6.91M | 6.98M | 4.92M |
| Employees | 104 | 101 | 88 |
SCOTMID COOP LIFE SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SCOTMID COOP LIFE SERVICES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
SCOTMID COOP LIFE SERVICES LIMITED reported net assets of £16.72M for 2023. That compares with £11.93M in 2022, a change of 40.21%.
SCOTMID COOP LIFE SERVICES LIMITED reported total assets of £25.70M for 2023. That compares with £23.13M in 2022, a change of 11.13%.
SCOTMID COOP LIFE SERVICES LIMITED reported cash in bank of £895.26K for 2023. That compares with £84.98K in 2022, a change of 953.48%.
SCOTMID COOP LIFE SERVICES LIMITED reported 88 employees in 2023, compared with 101 in 2022.
Between 2021 and 2023, SCOTMID COOP LIFE SERVICES LIMITED's net assets rose by 54.2%, cash in bank rose by 77%, total assets rose by 15.7% and total liabilities fell by 28.8%. Net assets compounded at 24.2% a year across the two years to 2023, from £10.85M to £16.72M. Reported headcount went from 104 in 2021 to 88 in 2023 (-16).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.