ScoMac Catering Equipment finds itself in sixth place on our top 10 UK kitchen houses by turnover.
The distributor looks to be in good health since the Unitech Group bought it out in 2009. We can see from the financial results that since 2010 turnover has broadly grown from a starting point of £10.9m, fluctuating between £15m and £13m in the years since. While in the 12 months to 31 December 2016 turnover shrank by about 7% from 2015’s £14.3m to £13.3m, the 2015 total did represent a 5% increase from the previous year in itself.
The firm cited challenging market conditions as impacting the turnover in 2016. However, it was good news on the operating profit front, as £581,000 for 2016 was a 27% growth on the 2015 figure of £458,000, though both are down on the recent historical high of £827,000 in 2013.
In the latest report the firm’s directors stated that margins showed a slight increase despite the tougher market, and that the firm was in a sound financial state at year end. It will also be looking to maintain performance by responding to changes in the market and seeking out new business opportunities.
Last year saw some management changes following the departure of former MD Iain Munro to head up Hobart Cooking Solutions. The kitchen house is now run by Nick Imlah, group MD of parent company, Unitech Industries, director Steve Shepherd and group financial director Mark Street.
While ScoMac’s head office is now in Livingston, with regional offices in Leeds and Cambridgeshire, its original parent company, Scobie & McIntosh was founded in Edinburgh, way back in 1885. The catering equipment channel began in the 1950s, with commercial kitchen design following in the 1960s.
Today’s company wants to remain up to date, with the directors focusing on innovations to ensure its offerings appeal to the current market, to make sure that sales and profitability are maintained.