How many employees does Ostles (Scotland) Ltd have?

Ostles (Scotland) Ltd reported an average of 10 employees in the year to 31 Aug 2023.

Is Ostles (Scotland) Ltd profitable?

Yes — Ostles (Scotland) Ltd reported a profit of £174k in the year to 31 Aug 2023.

Company No. SC565394 · Incorporated 8 May 2017

Ostles (Scotland) Ltd

Registered name: OSTLES (SCOTLAND) LTD

Part of Oak Group Holdings Limited group

Ostles (Scotland) Ltd made £174k profit in the year to 31 Aug 2023 (revenue not disclosed).

Ostles (Scotland) Ltd reported £174k profit in the year to 31 Aug 2023; its revenue was not disclosed. It had 10 employees. The company is classified under “retail trade of motor vehicle parts and accessories” and is based in Galashiels; we hold 2 years of its filed accounts.

Profit onlySection G · Wholesale and retail trade; repair of motor vehiclesSIC 45320Retail trade of motor vehicle parts and accessories

Status: Active
Location: Galashiels, Scotland
Age: 9 yrs · since 2017
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 Aug 2023

Key figures

Revenue

—

Not disclosed in filing

Profit

£174k

Growth —

Profit margin

—

Employees

Change 0%

Profit / employee

£17.4k

Profitable streak

1yr

Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

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 Aug 2022	31 Aug 2023
Disclosure	Profit only	Profit only
Profit & loss
Revenue (turnover)	—	—
Profit after tax	−£21.6k	£174k
Profit (best available)	−£21.6k	£174k
Employees (average)	10	10
Ratios
Profit margin	—	—
Profit per employee	−£2.2k	£17.4k
Growth (year on year)
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£192k	£323k
Net assets	£284k	£371k
Fixed assets	£108k	£82.7k
Current assets	£629k	£771k
Debtors	£209k	£215k
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: —; Profit ÷ revenue.
Gross margin: —; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: £17.4k; 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: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: —; 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: ▲31%; Now £371k
Cash at bank: ▲68%; Now £323k
Headcount: 0%; Now 10
Deferred income: —; Now —
Fixed assets: ▼24%; Now £82.7k

Corporate ownership

Group structure

Ownership chain

Oak Group Holdings Limitedultimate parent75–100%
Oak Tyres UK Limited75–100%
Ostles (Scotland) Ltdthis company

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

Sister companies (1)

Exhaust Tyres and Batteries (Worcester) LimitedRev. £75.3m · Profit £546k

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 Aug 2023 (profit £174k), from the Companies House accounts bulk data published Nov 2023. 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.