Score Group PLC SWOT Analysis, USP & Competitors

Score Group PLC

Parent Company

Score Group PLC

Category

Engineering Services

Sector

Energy & Power

Tagline/ Slogan

Intelligent valve and gas turbine solutions

USP

Safe working and quality service

Score Group PLC STP

Segment

Engineering Services

Target Group

Industrial

Positioning

Safe working and quality service

Score Group PLC SWOT Analysis

Strengths

1. They operate in five continents and within wide range of sectors which include oil and gas, nuclear and marine.
2. Established in 1982, Score Group PLC has experience of over 30 years.
3. They have strong employee base of 1700 and places importance on training with over 300 apprentices employed within the group.
4. They have largest stock of valves and actuators (80,000 in stock, $500 million in value).

5. In 2013 Score Europe was awarded Large Employer of the year by Skills Development Scotland.

6. Score Diagnostics Ltd. is leader in valve leak detection and monitoring. It uses Acoustic emissions (AE) leak detection technology in its MIDAS Valve Diagnostics range of products.

Weaknesses

1. Oil and prices have declined majorly due to abundance of shale resources and efficient production. This can harm their business opportunities and profitability. Their profits fell by 29% due to low oil prices in 2014.

2. Industry confidence for oil and gas industry has declined. This is a concern for their business.

Opportunities

1. There is opportunity in subsea services.
2. Opportunity lies in investment in infrastructure and research & development.

Threats

1. Various environmental laws and regulations are there in this industry and this creates a risk for the business as any unfavorable policy can harm business.
2. Large competitors.

Score Group PLC Competition

Competitors

1.VCL
2.Control Valve Services Ltd.
3.EuroValve(UK) Ltd.