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SCOTWELD GROUP SERVICES LIMITED Financials

Company number
SC183317Copy
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Registered office
270 Petershill Road, Glasgow, G21 4AY
Incorporated
25/02/1998

Company snapshot

Status
Active
Employees
154 (2025)
Latest financial data
2025
Accounts type
Group

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£1.85M2025
-1.61%vs 2024

2024: £1.88M

Total Assets

£3.29M2025
-1.88%vs 2024

2024: £3.35M

Cash in Bank

£165.98K2025
347.84%vs 2024

2024: £37.06K

Total Liabilities

£0.002025
No changevs 2024

2024: £0.00

Employees

1542025
+12vs 2024

2024: 142

In 2025, SCOTWELD GROUP SERVICES LIMITED reported net assets of £1.85M. The same filing shows total assets of £3.29M, cash in bank of £165.98K and total liabilities of £0.00. Reported headcount was 154 in 2025. Cash in Bank rose from £37.06K in 2024 to £165.98K in 2025 (347.84%). Okredo holds filed figures for 2021–2025; 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

£1.85M2025
-1.61%from £1.88M in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures SCOTWELD GROUP SERVICES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£1.94M2023£1.85M2025
-4.3%vs 2023

-2.2% a year compound (CAGR)

Cash in Bank

£85.42K2023£165.98K2025
+94.3%vs 2023

+39.4% a year compound (CAGR)

Total Assets

£3.41M2023£3.29M2025
-3.7%vs 2023

-1.9% a year compound (CAGR)

Total Liabilities

£0.002023£0.002025
No changevs 2023

Employees

10620231542025
+45.3%vs 2023+48

Biggest increase

Cash in Bank+94.3%

£85.42K in 2023 to £165.98K in 2025

Biggest decrease

Net Assets-4.3%

£1.94M in 2023 to £1.85M in 2025

SCOTWELD GROUP SERVICES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. Total liabilities was filed as nil in each of these years, so the direction here rests on the remaining measures. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SCOTWELD GROUP 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
56.43%2025

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.

Cash to total assets
5.05%2025

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for SCOTWELD GROUP SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£2.06M1.98M1.94M1.88M1.85M
Total Assets£3.54M3.48M3.41M3.35M3.29M
Cash in Bank£106.07K35.42K85.42K37.06K165.98K
Total Liabilities£0.000.000.000.000.00
Employees860106142154

SCOTWELD GROUP SERVICES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has SCOTWELD GROUP SERVICES LIMITED filed financial statements?

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Yes. Okredo holds filed figures for SCOTWELD GROUP SERVICES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did SCOTWELD GROUP SERVICES LIMITED report in 2025?

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SCOTWELD GROUP SERVICES LIMITED reported net assets of £1.85M for 2025. That compares with £1.88M in 2024, a change of -1.61%.

What total assets did SCOTWELD GROUP SERVICES LIMITED report in 2025?

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SCOTWELD GROUP SERVICES LIMITED reported total assets of £3.29M for 2025. That compares with £3.35M in 2024, a change of -1.88%.

What cash in bank did SCOTWELD GROUP SERVICES LIMITED report in 2025?

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SCOTWELD GROUP SERVICES LIMITED reported cash in bank of £165.98K for 2025. That compares with £37.06K in 2024, a change of 347.84%.

How many people does SCOTWELD GROUP SERVICES LIMITED employ?

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SCOTWELD GROUP SERVICES LIMITED reported 154 employees in 2025, compared with 142 in 2024.

How have SCOTWELD GROUP SERVICES LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, SCOTWELD GROUP SERVICES LIMITED's net assets fell by 4.3%, cash in bank rose by 94.3%, total assets fell by 3.7% and employee numbers rose by 45.3%. Net assets contracted at 2.2% a year across the two years to 2025, from £1.94M to £1.85M. Reported headcount went from 106 in 2023 to 154 in 2025 (+48).

Which years of SCOTWELD GROUP SERVICES LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.