National Timber Group Scotland Limited

In administrationSC080045 Private limited company
Incorporated
16 September 1982 (44 years)
Previously known as
Rembrand Timber Limited (until 3 March 2020)
This list may be incomplete. See all names on Companies House
Industry
Agents involved in the sale of timber and building materials (46130)
Accounts type
Full
Region
Scotland
Address
C/o Alvarez & Marsal Europe LLP
Sutherland House
149 St. Vincent Street
Glasgow
G2 5NW

Filing status

Accounts due
31 December 2025
Last accounts
31 December 2023
Conf. stmt due
16 April 2026
Last conf. stmt
2 April 2025

Charges

Total
28
Outstanding
12
Part satisfied
0
Satisfied
16

Officers

Not loaded yet. See them on Companies House

Ownership 1 active

People and entities with significant control, from the Companies House PSC register

Corporate entity · Notified 31 January 2023
Owns 75–100% of shares
Holds 75–100% of voting rights
Private Limited Company
Reg. no. 10887323
Former controllers (2)
31 January 2023
Ceased LHSL 2 Limited — Owns 75–100% of shares
29 June 2018
Ceased George Edwin Low — Owns 75–100% of shares

Group structure 10 companies

Ownership group derived from the Companies House PSC register

Arnold Laver Holdings Limited Owns 75–100% of shares
LHSL 2 Limited Proposed for strike-offOwns 75–100% of shares
National Timber Group England Limited In administrationOwns 75–100% of shares
Nyt (Holdings) Limited Status not confirmedOwns 75–100% of shares
S. V. Timber Ltd Proposed for strike-offOwns 75–100% of shares
National Timber Group Scotland Limited This company In administrationOwns 75–100% of shares
Glow Insulation & Site Supplies Limited In administrationOwns 75–100% of shares
Orchard Timber Products Limited Status not confirmedOwns 75–100% of shares
Scotia Roofing & Building Supplies Ltd. In administrationOwns 75–100% of shares

Financials

Net Assets
£16,335,465
Cash
£1,223,715
Turnover
£82,681,968
Profit Before Tax
£422,676
Employees
293
Debt Ratio
70%
Current Ratio
1.0x
Profit Margin
1%
Return on Equity
3%

Trend

Turnover
£0 £50.0M £100.0M 2019 2020 2021 2022 £37,929,658 £55,626,383 £89,437,843 £82,681,968
Balance sheet detail
2022202120202019
Fixed Assets£16,947,818£22,298,956£8,671,480£1,617,398
Current Assets£37,337,229£29,034,856£28,483,261£13,173,427
Debtors£24,608,989£14,356,472£15,928,122£7,828,290
Cash£1,223,715£1,240,036£1,983,398£75,443
Creditors (< 1 year)£37,714,582£35,150,398£22,579,956£8,227,523
Net Current Assets(£377,353)(£6,115,542)£5,903,305£4,945,904
Net Assets£16,335,465£15,922,414£14,394,785£6,486,302
Shareholder Funds£16,335,465£15,922,414£14,394,785£6,486,302

Turnover£82,681,968£89,437,843£55,626,383£37,929,658
Cost of Sales£58,423,524£58,615,232£38,383,896£27,549,318
Gross Profit£24,258,444£30,822,611£17,242,487£10,380,340
Admin Expenses£20,540,734£22,623,979£16,743,864£9,217,370
Staff Costs£10,297,824£11,613,755£9,256,731£4,878,506
Operating Profit£489,682£5,718,965£7,931,628(£521,346)
Profit Before Tax£422,676£5,555,488£7,865,148(£637,110)
Tax£9,625£619,169(£43,335)(£2,893)
Profit for Period£413,051£4,936,319£7,908,483(£634,217)

Filings

Filing history not loaded yet. See it on Companies House

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