SCOTT BB LIMITED
Company number 01147080 · Monitor this company
Executive summary
SCOTT BB LIMITED (formerly Broom Boats Limited) represents a case study in the challenges facing heritage UK boatbuilders in the current market environment. The company has ceased trading after a period of significant financial deterioration, with shareholders' funds swinging from a positive £2.6M to a negative £2.1M in a single reporting period, and has sold its trade and assets subsequent to the year end. The rebranding from Broom Boats to SCOTT BB and the going concern qualification confirm this is effectively a corporate restructuring rather than a going concern, with the underlying business—once a respected name in the UK motor cruiser market—unable to sustain operations under its existing structure. This outcome aligns with broader sector trends where heritage marine brands, despite their customer loyalty and market recognition, have struggled against rising costs, regulatory burdens, and the capital investment required to remain competitive.
Shareholders' funds
-£2,087,741
Balance sheet as at 2024-06-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 1973-11-22
- Employees
- 52 (2024 accounts · was 43 in 2023)
- Registered office
- Suite 5 Oyster House, Severalls Lane, Colchester, Essex, England, CO4 9PD
- Postcode
- CO4 9PD
- Capital
- 58,210 GBP
- Accounts category
- Audit Exemption Subsidiary
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-06-30
- Next due by
- 2027-03-31
- Financial year end
- 30 June
Confirmation statement
- Last statement dated
- 2026-08-07
- Next due by
- 2027-08-21
Nature of business (SIC)
- 30110 Building of ships and floating structures
- 30120 Building of pleasure and sporting boats
- 33150 Repair and maintenance of ships and boats
Officers 3 current · 20 resigned
Contact details
- Website
- broomboats.com
- Phone
- 01603712334, 03031231113
Ahoy there! welcome to Broom Boats of Brundall Norfolk. Climb a board for boating holidays, marine services and private moorings. Visit our website
Previous company names
| Name | Date changed |
|---|---|
| BROOM BOATS LIMITED | 2024-08-12 |
Among its peers
The largest employer
of 10 similar companies in CO — measured against the wider sector, with 52 staff. The oldest of its local peers.
The class of 1973
52%
of the 7,318 companies incorporated in 1973 are still active today; 41% have since been dissolved.
A fact about the year, not a forecast for this company.