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Company No. SC203627 · Incorporated 4 Feb 2000

Pringle of Scotland Limited

Registered name: PRINGLE OF SCOTLAND LIMITED

Pringle of Scotland Limited made £3.8m revenue and £1.5m profit in the year to 29 Dec 2024.

Pringle of Scotland Limited’s revenue grew 42% to £3.8m in the year to 29 Dec 2024, with £1.5m profit and 7 employees. The company is classified under “retail sale of clothing in specialised stores” and is based in Hawick; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47710Retail sale of clothing in specialised stores
Status
Active
Location
Hawick, Scotland
Age
26 yrs · since 2000
Type
Private Limited Company
Latest accounts · year to 29 Dec 2024

Key figures

IndependentSmall teamOperating leverageDoing more with less
Revenue
£3.8m
Growth ▲42.1%
Profit
£1.5m
Growth ▲357.2%
Profit margin
39.4%
Gross 75.4%
Employees
7
Change ▼50%
Profit / employee
£214k
Revenue/employee £542k
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.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Jan 202231 Jan 202331 Dec 202329 Dec 2024
DisclosureNo P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)—£4m£2.7m£3.8m
Cost of sales—£1.3m£684k£931k
Gross profit—£2.8m£2m£2.9m
Operating profit—£742k£332k£1.5m
Profit before tax—£733k£327k—
Profit after tax—£733k£327k£1.5m
Profit (best available)—£733k£327k£1.5m
Employees (average)1815147
Ratios
Profit margin—18.1%12.3%39.4%
Gross margin—68.4%74.4%75.4%
Revenue per employee—£270k£191k£542k
Profit per employee—£48.9k£23.4k£214k
Growth (year on year)
Revenue growth——▼34%▲42.1%
Profit growth——▼55.4%▲357.2%
Headcount growth—▼16.7%▼6.7%▼50%
Balance sheet — indirect signals, not revenue
Cash at bank£187k£497k£689k£2m
Net assets−£1.3m−£599k−£272k£1.2m
Fixed assets£190k£0——
Current assets£1.4m£1.6m£1.4m£2.7m
Debtors£157k£336k£190k£32k
Deferred income—£149k£132k£53k
SourceAccounts · bulk data Oct 2023Accounts · bulk data Oct 2023FullAccounts · bulk data Sep 2024FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
39.4%
Profit ÷ revenue.
Gross margin
75.4%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£542k
Revenue ÷ average employees.
Profit per employee
£214k
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
1.4%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
0.8%
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 £1.2m
Cash at bank
▲192%
Now £2m
Headcount
▼50%
Now 7
Deferred income
▼60%
Now £53k
Fixed assets
—
Now —

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

Latest figures from FullAccounts for the year to 29 Dec 2024 (profit £1.5m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Updated from Companies House on 23 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.