SPRING DISTRIBUTION (SCOTLAND) LIMITED Financials
- Company number
- SC466064CopyCopy
- Industry
- Operation of warehousing and storage facilities for land transport activities (52.10/3 - SIC 2007)
- Registered office
- C/O Bond International 34, Inchmuir Road, 34 Inchmuir Road, Whitehill Industrial Estate, Bathgate, West Lothian EH48 2EP
- Incorporated
- 18/12/2013
Company snapshot
- Status
- Active
- Employees
- 15 (2024)
- Latest financial data
- 2024
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
8.81%vs 20232023: £3.17M
Total Assets
-13.38%vs 20232023: £6.04M
Cash in Bank
-50.46%vs 20232023: £1.48M
Total Liabilities
-37.91%vs 20232023: £2.87M
Employees
0vs 20232023: 15
In 2024, SPRING DISTRIBUTION (SCOTLAND) LIMITED reported net assets of £3.45M. The same filing shows total assets of £5.23M, cash in bank of £734.66K and total liabilities of £1.78M. Reported headcount was 15 in 2024. Total Liabilities fell from £2.87M in 2023 to £1.78M in 2024 (-37.91%). Okredo holds filed figures for 2021–2024; 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
8.81%from £3.17M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures SPRING DISTRIBUTION (SCOTLAND) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-18.5%vs 2022-9.7% a year compound (CAGR)
Cash in Bank
-40.8%vs 2022-23% a year compound (CAGR)
Total Assets
-27.5%vs 2022-14.9% a year compound (CAGR)
Total Liabilities
-40.3%vs 2022-22.7% a year compound (CAGR)
Employees
-16.7%vs 2022-3Biggest decrease
Cash in Bank-40.8%
£1.24M in 2022 to £734.66K in 2024
Every indicator Okredo holds for SPRING DISTRIBUTION (SCOTLAND) LIMITED fell between 2022 and 2024. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from SPRING DISTRIBUTION (SCOTLAND) 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
- 65.94%2024
- 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
- 34.06%2024
- 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
- 41.24%2024
- 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
- 14.04%2024
- 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 SPRING DISTRIBUTION (SCOTLAND) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 3.98M | 4.23M | 3.17M | 3.45M |
| Total Assets£ | 6.83M | 7.21M | 6.04M | 5.23M |
| Cash in Bank£ | 906.90K | 1.24M | 1.48M | 734.66K |
| Total Liabilities£ | 2.85M | 2.98M | 2.87M | 1.78M |
| Employees | 18 | 18 | 15 | 15 |
SPRING DISTRIBUTION (SCOTLAND) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for SPRING DISTRIBUTION (SCOTLAND) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
SPRING DISTRIBUTION (SCOTLAND) LIMITED reported net assets of £3.45M for 2024. That compares with £3.17M in 2023, a change of 8.81%.
SPRING DISTRIBUTION (SCOTLAND) LIMITED reported total assets of £5.23M for 2024. That compares with £6.04M in 2023, a change of -13.38%.
SPRING DISTRIBUTION (SCOTLAND) LIMITED reported cash in bank of £734.66K for 2024. That compares with £1.48M in 2023, a change of -50.46%.
SPRING DISTRIBUTION (SCOTLAND) LIMITED reported 15 employees in 2024, compared with 15 in 2023.
Between 2022 and 2024, SPRING DISTRIBUTION (SCOTLAND) LIMITED's net assets fell by 18.5%, cash in bank fell by 40.8%, total assets fell by 27.5% and total liabilities fell by 40.3%. Net assets contracted at 9.7% a year across the two years to 2024, from £4.23M to £3.45M. Reported headcount went from 18 in 2022 to 15 in 2024 (-3).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.