How much does FST (Scotland) Ltd make?

FST (Scotland) Ltd reported revenue of £22.4m and £2m profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does FST (Scotland) Ltd have?

FST (Scotland) Ltd reported an average of 0 employees in the year to 31 Dec 2025.

Is FST (Scotland) Ltd profitable?

Yes — FST (Scotland) Ltd reported a profit of £2m in the year to 31 Dec 2025.

Company No. SC739770 · Incorporated 29 Jul 2022

FST (Scotland) Ltd

Registered name: FST (SCOTLAND) LTD

FST (Scotland) Ltd made £22.4m revenue and £2m profit in the year to 31 Dec 2025.

FST (Scotland) Ltd’s revenue fell 12% to £22.4m in the year to 31 Dec 2025, with £2m profit and 0 employees. The company is classified under “non-specialised wholesale trade” and is based in Aberdeen; we hold 3 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46900Non-specialised wholesale trade

Status: Active
Location: Aberdeen, Scotland
Age: 4 yrs · since 2022
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2025

Key figures

IndependentSmall teamCapital-lightYoung and profitableCash flow filed

Revenue

£22.4m

Growth ▼12.1%

Profit

£2m

Growth ▼18.2%

Profit margin

8.8%

Gross 43.5%

Employees

Change —

Profit / employee

—

Profitable streak

3yrs

Consecutive profitable years in our data

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

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2023	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£23.4m	£25.5m	£22.4m
Cost of sales	£13.7m	£15.2m	£12.7m
Gross profit	£9.8m	£10.3m	£9.8m
Operating profit	£3.4m	£3.7m	£2.8m
Profit before tax	£2.9m	£3.3m	£2.6m
Profit after tax	£2.2m	£2.4m	£2m
Profit (best available)	£2.2m	£2.4m	£2m
Employees (average)	0	0	0
Ratios
Profit margin	9.4%	9.4%	8.8%
Gross margin	41.6%	40.3%	43.5%
Cash conversion	−123.6%	−98.3%	−120.8%
Growth (year on year)
Revenue growth	—	—	▼12.1%
Profit growth	—	—	▼18.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£499k	£524k
Net assets	£2.2m	£4.6m	£6.6m
Fixed assets	£1m	£1.2m	£1.5m
Current assets	£9.6m	£9.3m	£8.7m
Debtors	£3.5m	£4.2m	£3.7m
Deferred income	£193k	£179k	£221k
Cash from operations	−£4.2m	−£3.6m	−£3.4m
Source	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2025	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 8.8%; Profit ÷ revenue.
Gross margin: 43.5%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: −120.8%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 6.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.6%; 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: ▲43%; Now £6.6m
Cash at bank: ▲5%; Now £524k
Headcount: —; Now 0
Deferred income: ▲23%; Now £221k
Fixed assets: ▲24%; Now £1.5m

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

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £2m), from the Companies House accounts bulk data published Sep 2026. 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.