How much does Scots Bearings Limited make?

Scots Bearings Limited reported revenue of £17.3m and £764k profit in the year to 31 Dec 2024, according to its accounts filed at Companies House.

How many employees does Scots Bearings Limited have?

Scots Bearings Limited reported an average of 59 employees in the year to 31 Dec 2024.

Is Scots Bearings Limited profitable?

Yes — Scots Bearings Limited reported a profit of £764k in the year to 31 Dec 2024.

Company No. SC299694 · Incorporated 27 Mar 2006

Scots Bearings Limited

Registered name: SCOTS BEARINGS LIMITED

Part of Bianchi Industrial Spa group

Scots Bearings Limited made £17.3m revenue and £764k profit in the year to 31 Dec 2024.

Scots Bearings Limited’s revenue grew 3% to £17.3m in the year to 31 Dec 2024, with £764k profit and 59 employees. The company is classified under “other service activities” and is based in Edinburgh; we hold 2 years of its filed accounts.

Full P&L filedSection S · Other service activitiesSIC 96090Other service activities n.e.c.

Status: Active
Location: Edinburgh, Scotland
Age: 20 yrs · since 2006
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.

Latest accounts · year to 31 Dec 2024

Key figures

Capital-lightOperating leverageDoing more with less

Revenue

£17.3m

Growth ▲3%

Profit

£764k

Growth ▲19.4%

Profit margin

4.4%

Gross 30.6%

Employees

Change ▼4.8%

Profit / employee

£13k

Revenue/employee £293k

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)	£16.8m	£17.3m
Cost of sales	£11.7m	£12m
Gross profit	£5.1m	£5.3m
Operating profit	£846k	£913k
Profit before tax	£846k	£913k
Profit after tax	£640k	£764k
Profit (best available)	£640k	£764k
Staff costs	£3m	£3m
Employees (average)	62	59
Ratios
Profit margin	3.8%	4.4%
Gross margin	30.3%	30.6%
Revenue per employee	£271k	£293k
Profit per employee	£10.3k	£13k
Growth (year on year)
Revenue growth	—	▲3%
Profit growth	—	▲19.4%
Headcount growth	—	▼4.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£106k	£131k
Net assets	£2.7m	£3.4m
Fixed assets	£932k	£614k
Current assets	£6.5m	£6.3m
Debtors	£3m	£2.6m
Deferred income	£2.4m	£1.8m
Source	FullAccounts · bulk data Jul 2025	FullAccounts · bulk data Jul 2025

Derived from the latest filing

How the business works

Profit margin: 4.4%; Profit ÷ revenue.
Gross margin: 30.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £293k; Revenue ÷ average employees.
Profit per employee: £13k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 10.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.2%; 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: ▲28%; Now £3.4m
Cash at bank: ▲24%; Now £131k
Headcount: ▼5%; Now 59
Deferred income: ▼27%; Now £1.8m
Fixed assets: ▼34%; Now £614k

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

Bianchi Industrial Spa (registered outside the UK register)ultimate parent50–75%
Anti-Friction Components Limited75–100%
Scots Bearings Limitedthis company

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

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

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £764k), from the Companies House accounts bulk data published Jul 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.