How much does Scotec Lifts Ltd. make?

Scotec Lifts Ltd. reported revenue of £6.1m and £484k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Scotec Lifts Ltd. have?

Scotec Lifts Ltd. reported an average of 27 employees in the year to 31 Dec 2024.

Is Scotec Lifts Ltd. profitable?

Yes — Scotec Lifts Ltd. reported a profit of £484k in the year to 31 Dec 2024.

Company No. SC227713 · Incorporated 5 Feb 2002

Scotec Lifts Ltd.

Registered name: SCOTEC LIFTS LTD.

Scotec Lifts Ltd. made £6.1m revenue and £484k profit in the year to 31 Dec 2024.

Scotec Lifts Ltd.’s revenue grew 82% to £6.1m in the year to 31 Dec 2024, with £484k profit and 27 employees. The company is classified under “other construction installation” and is based in Glasgow; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43290Other construction installation SIC 43999Other specialised construction activities n.e.c.

Status: Active
Location: Glasgow, Scotland
Age: 24 yrs · since 2002
Type: Private Limited Company

Latest accounts · year to 31 Dec 2024

Key figures

IndependentOperating leverageBoring industry

Revenue

£6.1m

Growth ▲81.7%

Profit

£484k

Growth ▲163.4%

Profit margin

Gross 22.4%

Employees

Change ▲3.9%

Profit / employee

£17.9k

Revenue/employee £225k

Profitable streak

2yrs

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 2023	31 Dec 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£3.3m	£6.1m
Cost of sales	−£2.6m	−£4.7m
Gross profit	£720k	£1.4m
Operating profit	£247k	£642k
Profit before tax	£245k	£664k
Profit after tax	£184k	£484k
Profit (best available)	£184k	£484k
Employees (average)	26	27
Ratios
Profit margin	5.5%	8%
Gross margin	21.5%	22.4%
Revenue per employee	£129k	£225k
Profit per employee	£7.1k	£17.9k
Growth (year on year)
Revenue growth	—	▲81.7%
Profit growth	—	▲163.4%
Headcount growth	—	▲3.9%
Balance sheet — indirect signals, not revenue
Net assets	—	—
Source	Accounts · bulk data Apr 2025	Accounts · bulk data Apr 2025

Derived from the latest filing

How the business works

Profit margin: 8%; Profit ÷ revenue.
Gross margin: 22.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £225k; Revenue ÷ average employees.
Profit per employee: £17.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: —; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: —; Now —
Cash at bank: —; Now —
Headcount: ▲4%; Now 27
Deferred income: —; Now —
Fixed assets: —; Now —

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2024 (profit £484k), from the Companies House accounts bulk data published Apr 2025. Spotted an error? Request a correction.

Updated from Companies House on 13 Oct 2026

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