AS Scaffolding, the Glasgow-based group seen as Scotland’s biggest independent, more than trebled its pre-tax profits last year to ยฃ460,973, according to accounts just lodged at Companies House, as higher turnover boosted margins.

The accounts show turnover rose by 16% to ยฃ6.57 million, with a direct impact on the bottom line, where pre-tax profit jumped from ยฃ149,621 to ยฃ460,973.
Writing in the report, the directors said gross profit rose by 27% and the advance was down to the company’s “long-established and reliable reputation together with the consistent hard work by the company as a whole”. They are “confident it will continue to trade profitably during these difficult times”.
The group, based in Glenpark Street, and operating across Scotland, employs “more than 100”, according to its website, though the accounts record the average number of monthly employees last year as 57, down from 59.
Its capital expenditure was constant at around ยฃ193,000, and it ended the year with net cash up 25% at ยฃ1.14m.
Via:ย heraldscotland.com