Owey Enterprises Limited in Portrush, BT56 8DQ

Description

Data updated on: 01-11-2023

This business is located in Portrush under the ID NI019950. It was established in 1986. The main office of this company is located at 56 Kerr Street . The area code for this address is BT56 8DQ. The firm name is Owey Enterprises Limited. The company's previous associates may know it as Ramore Restaurant, which was in use until 2015-11-12. The company's SIC code is 56101 : Licensed restaurants. Owey Enterprises Ltd released its latest accounts for the period up to 2022-03-31. The firm's most recent confirmation statement was released on 2022-12-19.

The directors currently officially appointed by this business include: Fionn M. designated to this position on 2016-08-01, Matthew M. designated to this position in 2016 in August, George M. designated to this position 38 years ago and Jane M..

Executives who control the firm include: Matthew M. has substantial control or influence over the company. Fionn M. has substantial control or influence over the company. Jane M. has substantial control or influence over the company.

Previous company's names
Owey Enterprises Limited 2015-11-12
Ramore Restaurant Limited 1986-11-18

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	186 709	13	323 609	228 050	231 917
Current Assets	625 731	795 544	1 116 392	689 388	863 991
Debtors	230 558	614 462	521 795	204 165	192 563
Net Assets Liabilities	9 293 396	8 731 814	9 136 413	9 664 553	9 729 543
Other Debtors	227 816	546 011	453 344	66 156	20 797
Property Plant Equipment	14 413 706	15 956 050	15 649 690	16 013 024	15 747 316
Total Inventories	208 464	181 069	270 988	257 173

Other Financial Data
Audit Fees Expenses	18 000	18 000	18 000	18 000	19 200
Accrued Liabilities Deferred Income	366 969	219 152	263 664	262 527	298 688
Accumulated Depreciation Impairment Property Plant Equipment	2 005 102	2 554 047	3 068 953	3 578 122	4 075 497
Additions Other Than Through Business Combinations Property Plant Equipment		2 091 289	208 546	872 503	314 666
Administrative Expenses	5 847 021	6 360 956	3 391 779	6 192 310	6 196 336
Average Number Employees During Period	285	293	293	240	222
Bank Borrowings	2 920 117	4 703 755	4 802 441	4 047 796	3 948 008
Bank Borrowings Overdrafts	2 371 117	3 828 998	4 002 275	3 264 483	3 184 691
Banking Arrangements Classified As Cash Cash Equivalents	-13 811	-133 824
Bank Overdrafts	13 811	133 824
Cash Cash Equivalents Cash Flow Value	172 898	-133 811	323 609	228 050	231 917
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities		221 786	-63 364	-386 238
Cash Receipts From Sales Interests In Associates	227 816	221 786	-63 364	-386 238
Comprehensive Income Expense	509 236	-441 582	604 599	808 140	214 990
Corporation Tax Payable	148 256	68 451		58 997	59 193
Corporation Tax Recoverable		68 451	68 451	125 527	125 527
Cost Sales	5 431 244	5 083 545	1 844 105	3 609 170	3 486 228
Creditors	3 020 164	4 646 755	5 000 880	4 182 638	3 561 261
Current Tax For Period	68 451	-68 451			196
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	60 924	-33 463	60 537	120 101	131 346
Depreciation Expense Property Plant Equipment	377 574	548 945	514 906	509 169
Depreciation Impairment Expense Property Plant Equipment	377 574	548 945	514 906	509 169	519 700
Dividends Paid	120 000	120 000	200 000	280 000	150 000
Dividends Paid Classified As Financing Activities	-120 000	-120 000	-200 000	-280 000	-150 000
Dividends Paid On Shares Final	120 000	120 000	200 000	280 000	150 000
Finance Lease Liabilities Present Value Total		197 723	160 498	142 341	88 483
Finance Lease Payments Owing Minimum Gross		233 708	189 853	168 066	106 350
Fixed Assets	14 846 079	16 388 423	16 082 063	16 445 397	16 179 689
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	-757 656	-1 783 638	-98 686	754 645	99 788
Further Item Interest Expense Component Total Interest Expense			8 354	2 388
Further Item Tax Increase Decrease Component Adjusting Items			60 537	120 101	131 346
Future Finance Charges On Finance Leases		35 985	29 355	25 725	17 867
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-187 357	-263 508	491 654	71 275	-475 615
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	2 742	93 667	-29 303	11 532	-11 602
Gain Loss In Cash Flows From Change In Inventories	-2 679	-27 395	89 919	-13 815	182 338
Government Grant Income		35 000	547 416	240 853
Gross Profit Loss	6 615 112	5 973 848	3 702 396	7 087 801
Income Taxes Paid Refund Classified As Operating Activities	-288 038	-86 912	-68 451	1 921
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-457 420	95 559	-3 867
Increase Decrease In Current Tax From Adjustment For Prior Periods	5 583	7 107
Increase From Depreciation Charge For Year Property Plant Equipment		548 945	514 906	509 169	519 700
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	87 296	143 477	155 227	157 817
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts		5 727	6 631	10 906
Interest Income On Bank Deposits	249	27	23	62	18
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	249	27	23	62	18
Interest Paid Classified As Operating Activities			-203 828	-211 986	-270 133
Interest Payable Similar Charges Finance Costs	124 145	186 318	203 828	211 986	270 133
Interest Received Classified As Investing Activities	-249	-27	-23	-529	-18
Investment Property	432 373	432 373	432 373	432 373	432 373
Investment Property Fair Value Model	432 373	432 373	432 373	432 373
Net Cash Flows From Used In Operating Activities	-920 776	-122 853	-559 298
Net Cash Generated From Operations	-1 332 959	-396 083	-831 577	-1 609 875	-1 472 600
Net Current Assets Liabilities	-1 875 849	-2 386 647	-1 261 026	-1 794 361	-1 953 694
Net Finance Income Costs	249	27	23	529	18
Net Interest Paid Received Classified As Operating Activities	-124 145	-186 318	-203 828
Operating Profit Loss	768 091	-350 098	868 941	1 139 698
Other Creditors	11 941	5 152	74 203	78 065	203 544
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					22 325
Other Disposals Property Plant Equipment					82 999
Other Interest Expense	36 849	37 114	33 616	40 875	65 290
Other Interest Income				467
Other Interest Receivable Similar Income Finance Income	249	27	23	529	18
Other Operating Income Format1		37 010	551 441	244 207	270 636
Other Remaining Borrowings	749 902	772 027	953 846	1 027 016	417 410
Other Taxation Social Security Payable	364 765	785 237	465 112	196 098	402 292
Payments Finance Lease Liabilities Classified As Financing Activities		197 723	-37 224	-18 158	-53 858
Pension Other Post-employment Benefit Costs Other Pension Costs	33 298	52 474	51 350	50 185	43 992
Prepayments Accrued Income	2 742			12 482	46 239
Proceeds From Sales Property Plant Equipment					-29 300
Profit Loss	509 236	-441 582	604 599	808 140	214 990
Profit Loss On Ordinary Activities Before Tax	644 195	-536 389	665 136	928 241	346 532
Property Plant Equipment Gross Cost	16 418 808	18 510 097	18 718 643	19 591 146	19 822 813
Purchase Property Plant Equipment	-2 114 414	-2 091 289	-208 546	-872 503	-314 666
Raw Materials Consumables	208 464	181 069	270 988	257 173
Repayments Borrowings Classified As Financing Activities	333 297	22 125	181 819	43 170	-609 606
Social Security Costs	217 117	233 810	181 810	220 629
Staff Costs Employee Benefits Expense	4 054 282	4 350 483	1 829 081	3 544 915	3 646 788
Taxation Including Deferred Taxation Balance Sheet Subtotal	656 670	623 207	683 744	803 845	935 191
Tax Decrease From Utilisation Tax Losses			122 251	18 465	54 017
Tax Expense Credit Applicable Tax Rate	122 397	-101 914	126 376	176 366	65 841
Tax Increase Decrease From Effect Capital Allowances Depreciation	-22	420	-10 512	-262 851	-116 332
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	7 001	6 687	6 387	8 208
Tax Tax Credit On Profit Or Loss On Ordinary Activities	134 959	-94 807	60 537	120 101	131 542
Total Assets Less Current Liabilities	12 970 230	14 001 776	14 821 037	14 651 036	14 225 995
Total Borrowings	3 683 830	5 609 606	5 756 287	5 074 812	4 365 418
Total Current Tax Expense Credit	74 035	-61 344
Total Operating Lease Payments	59 202	56 916	60 087	51 745
Trade Creditors Trade Payables	945 983	943 625	658 533	853 547	961 328
Turnover Revenue	12 046 356	11 057 393	5 553 384	10 696 971
Wages Salaries	3 803 867	4 064 199	1 595 921	3 274 101	3 374 761
Company Contributions To Defined Benefit Plans Directors		1 000	500	4 695
Director Remuneration		90 712	79 175	145 832
Director Remuneration Benefits Including Payments To Third Parties		91 712	79 675	150 527

Company staff

Fionn M.

Role: Director

Appointed: 01 August 2016

Latest update: 17 April 2024

Matthew M.

Role: Director

Appointed: 01 August 2016

Latest update: 17 April 2024

George M.

Role: Director

Appointed: 18 November 1986

Latest update: 17 April 2024

Jane M.

Role: Director

Appointed: 18 November 1986

Latest update: 17 April 2024

People with significant control

Matthew M.

Notified on 11 November 2022

Nature of control:

substantial control or influence

Fionn M.

Notified on 11 November 2022

Nature of control:

substantial control or influence

Jane M.

Notified on 6 April 2016

Nature of control:

substantial control or influence

George M.

Notified on 6 April 2016

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	27 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	02 January 2024
Confirmation statement last made up date	19 December 2022

Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Owey Enterprises Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Fionn M.

Matthew M.

George M.

Jane M.

James F.

George M.

People with significant control

Matthew M.

Fionn M.

Jane M.

George M.

Accounts Documents

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Closest Companies - by postcode