ScS Group plc - Company Profile
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ScS Group Plc (ScS Group) is a retailer of furniture and flooring products. The company offers fabric sofas, leather sofas, corner sofas, sofa beds, chairs, dining tables, lamp tables, footstools, coffee tables, display units and tv units. It also offers carpets, rugs, luxury vinyl tiles, laminate flooring, and vinyl flooring. ScS Group markets products under La-Z-Boy, Endurance, Llewelyn-Bowen, G-Plan, SiSi Italia, Living, Inspire, Signature, Snug, Acquaclean, Celebrity, Associated Weavers, Furlong, I-Sense, Panthera, and Victoria brand names. It sells products through stores located across the UK and through online platform. ScS Group is headquartered in Sunderland, Tyne and Wear, the UK.
Headquarters
United Kingdom
Address
45-49 Villiers Street, Sunderland, England, SR11HA
Website
www.scsplc.co.uk
Telephone
44 0191 7313000
No of Employees
1,801
Industry
Retailing
Ticker Symbol & Exchange
SCS (LON)
Revenue (2023)
$401.7M
-1.7%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-67.2%
(2023 vs 2022)
Market Cap*
$121.6M
Net Profit Margin (2023)
XYZ
-66.6%
(2023 vs 2022)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Fabric Sofas | Retailing | ScS Living |
| Leather Sofas | Delivery | La-Z-Boy |
| Corner Sofas | Online Retail | Endurance |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company entered into an agreement to be acquired by Poltronesofa, an Italian furniture retailer for GBP99.4 million |
| 2023 | Acquisitions/Mergers/Takeovers | In January, the company acquired the brand, domain names, website, intellectual property and stock of Snugsofa.com from Snug Shack Ltd. |
| 2021 | New Products/Services | In May, the company launched new product Premium Sofa Guard. |
Competitor Comparison
| Key Parameters | ScS Group plc | Victoria PLC | Carpetright Ltd | Laura Ashley Holdings Plc | United Carpets Group Ltd |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| City | Sunderland | Worcester | Purfleet | Newtown | Rotherham |
| State/Province | England | Worcestershire | Essex | Wales | England |
| No. of Employees | 1,801 | 7,288 | 2,000 | 2,773 | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Steve Trevor Carson | Chief Executive Officer; Director | Executive Board | 2021 | 56 |
| Mark Fleetwood | Director; Chief Financial Officer | Executive Board | 2023 | 43 |
| Alan Frank Smith | Chairman | Non Executive Board | 2015 | 77 |
| Richard James Butts | Secretary | Senior Management | 2020 | - |
| Carol Margaret Kavanagh | Director | Non Executive Board | 2022 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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