How much does National Timber Group Scotland Limited make?

National Timber Group Scotland Limited reported revenue of £84.2m and a loss of £2.3m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does National Timber Group Scotland Limited have?

National Timber Group Scotland Limited reported an average of 332 employees in the year to 31 Dec 2023.

Is National Timber Group Scotland Limited profitable?

No — National Timber Group Scotland Limited reported a loss of £2.3m in the year to 31 Dec 2023.

Company No. SC080045 · Incorporated 16 Sep 1982

National Timber Group Scotland Limited

Registered name: NATIONAL TIMBER GROUP SCOTLAND LIMITED

Part of Prudential Financial Inc group

National Timber Group Scotland Limited made £84.2m revenue and a £2.3m loss in the year to 31 Dec 2023. read from filing text

National Timber Group Scotland Limited’s revenue grew 2% to £84.2m in the year to 31 Dec 2023, with a loss of £2.3m and 332 employees. The company is classified under “agents involved in the sale of timber and building materials” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46130Agents involved in the sale of timber and building materials

Status: In Administration
Location: Glasgow, Scotland
Age: 44 yrs · since 1982
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company's immediate parent company is National Timber Company Midco Limited.”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-light

Revenue

£84.2m

Growth ▲1.8%

Profit

−£2.3m

Growth ▼511%

Profit margin

−2.8%

Gross 28.2%

Employees

332

Change ▲13.3%

Profit / employee

−£7k

Revenue/employee £254k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£82.7m	£84.2m
Cost of sales	£58.3m	£60.4m
Gross profit	£24.4m	£23.8m
Operating profit	£645k	−£12.7m
Profit before tax	£578k	−£2.3m
Profit after tax	£568k	−£2.3m
Profit (best available)	£568k	−£2.3m
Staff costs	£10.3m	£11.8m
Employees (average)	293	332
Ratios
Profit margin	0.7%	−2.8%
Gross margin	29.5%	28.2%
Revenue per employee	£282k	£254k
Profit per employee	£1.9k	−£7k
Growth (year on year)
Revenue growth	—	▲1.8%
Profit growth	—	▼511%
Headcount growth	—	▲13.3%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.2m	£4.2m
Net assets	£15.4m	£13.1m
Fixed assets	£16.9m	£6.6m
Current assets	£36.4m	£29.1m
Debtors	£9m	£9.3m
Deferred income	£2.2m	£7.3m
Source	FullAccounts · bulk data Jan 2025	FullAccounts · bulk data Jan 2025

Derived from the latest filing

How the business works

Profit margin: −2.8%; Profit ÷ revenue.
Gross margin: 28.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £254k; Revenue ÷ average employees.
Profit per employee: −£7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 7.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 8.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 11.1%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼15%; Now £13.1m
Cash at bank: ▲246%; Now £4.2m
Headcount: ▲13%; Now 332
Deferred income: ▲238%; Now £7.3m
Fixed assets: ▼61%; Now £6.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Prudential Financial Inc (registered outside the UK register)ultimate parent75–100%
National Timber Group Midco Limited75–100%
National Timber Group Scotland Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (2)

Glow Insulation & Site Supplies LimitedIn AdministrationFigures not disclosed
Scotia Roofing & Building Supplies Ltd.In AdministrationFigures not disclosed

Sister companies (3)

National Timber Group England LimitedIn AdministrationRev. £197m · Profit −£7m
Arnold Laver Holdings LimitedFigures not disclosed
LHSL 2 LimitedActive - Proposal to Strike offFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£2.3m), from the Companies House accounts bulk data published Jan 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.