Alan Mackay Machinery (forfar) Limited in Forfar, DD8 1PF

Description

Data updated on: 01-11-2023

Alan Mackay Machinery (forfar) has been operating in this business field for eleven years. Registered under no. SC465072, the firm operates as a Private Limited Company. You may find the main office of this company during business times under the following address: Garthfield Padanaram, DD8 1PF Forfar. The company's Standard Industrial Classification Code is 82990: Other business support service activities not elsewhere classified. The latest financial reports cover the period up to 2022-12-31 and the most recent confirmation statement was filed on 2023-08-20.

The business owes its accomplishments and permanent improvement to three directors, specifically Alan M., Irene M. and Ross A., who have been overseeing it since Tuesday 3rd December 2013. Additionally, the director's assignments are regularly supported by a secretary - Irene M., who was selected by this business on Tuesday 3rd December 2013.

Alan M. is the individual with significant control over this firm, owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP

Balance Sheet
Cash Bank On Hand	727 471	815 603	1 073 953	1 114 959	898 412	1 902 389
Current Assets	2 592 975	2 753 011	3 029 341	3 432 604
Debtors	744 977	570 146	863 546	590 603	1 809 186	1 541 191
Net Assets Liabilities	1 259 994	1 611 945	2 190 251	2 901 691	4 629 714
Other Debtors	155 070	106 322	191 432	221 471	427 756	214 844
Property Plant Equipment	103 939	134 317	95 471	87 606	189 484	222 246
Total Inventories	1 120 527	1 367 262	1 091 842	1 727 042	3 695 626	4 475 454

Other Financial Data
Audit Fees Expenses						7 000
Accrued Liabilities Deferred Income					58 798	50 708
Accumulated Depreciation Impairment Property Plant Equipment	105 878	160 647	219 794	265 978	298 655	356 890
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss						1 311
Administrative Expenses					551 539	691 088
Amounts Owed To Directors					36 446	33 876
Average Number Employees During Period			12	23	21	22
Balances With Banks					898 412	1 902 389
Bank Borrowings						500 000
Cash Cash Equivalents				1 114 959	898 412	1 902 389
Corporation Tax Payable	72 699	82 680	143 875	170 218	381 923
Cost Sales					12 243 610	11 532 676
Creditors	1 424 697	1 256 173	921 302	605 240	1 797 223	2 436 842
Current Tax For Period					381 923	229 582
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences					30 366	1 311
Deferred Tax Liabilities					-384	-476
Depreciation Amortisation Expense					37 977	78 725
Depreciation Expense Property Plant Equipment					37 977	78 725
Depreciation Rate Used For Property Plant Equipment					25	15
Disposals Decrease In Depreciation Impairment Property Plant Equipment					-5 300	-20 490
Disposals Property Plant Equipment					-5 300	-20 490
Dividends Paid					6 000	6 000
Further Department Item Average Number Employees Component Average Number List					20	3
Further Item Borrowings Component Total Borrowings						500 000
Further Item Creditors Component Total Creditors					27 839	33 543
Further Item Current Tax Expense Credit Component Total Current Tax Expense						13 188
Further Non-cash Item Leading To Gain Loss In Cash Flows Component Total Adjustments From Non-cash Items					-30 366	-1 311
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables					1 032 995	226 055
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables					-1 218 583	267 995
Gain Loss In Cash Flows From Change In Inventories					-1 968 584	-779 828
Gain Loss On Disposals Property Plant Equipment					1 560	15 787
Gross Profit Loss					2 672 753	1 816 716
Income Taxes Paid Refund Classified As Operating Activities					200 584	383 234
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					-216 547	1 003 977
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Profit Or Loss				-20	-30 366	-1 311
Increase From Depreciation Charge For Year Property Plant Equipment		67 169	59 147	47 303	37 977	78 725
Merchandise					3 641 579	4 310 573
Net Cash Flows From Used In Financing Activities						500 000
Net Cash Flows From Used In Investing Activities					-144 295	-101 700
Net Cash Flows From Used In Operating Activities					-72 252	605 677
Net Cash Generated From Operations					128 093	982 348
Net Cash Inflow Outflow From Operations Before Movements In Working Capital					2 282 265	1 268 126
Net Current Assets Liabilities	1 168 278	1 496 838	2 108 039	2 827 364
Net Deferred Tax Liability Asset			13 259	13 279	43 645	44 956
Net Finance Income Costs					239	6 563
Net Interest Paid Received Classified As Operating Activities					-239	-6 563
Nominal Value Allotted Share Capital				27	27	27
Number Shares Issued Fully Paid		20			27	27
Operating Profit Loss					2 215 482	1 203 877
Other Creditors	609 621	809 505	380 548	41 349	8 841	4 441
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		12 400		1 119
Other Disposals Property Plant Equipment		12 400		3 200
Other Operating Income Format1					94 268	78 249
Other Provisions Balance Sheet Subtotal				13 279	43 645	44 956
Other Taxation Payable				36 954	381 923	242 770
Other Taxation Social Security Payable	16 827	60 981	146 276	36 954
Par Value Share		1			1	1
Pension Other Post-employment Benefit Costs Other Pension Costs					18 219	19 679
Prepayments Accrued Income					503 801	170 241
Proceeds From Sales Property Plant Equipment					1 560	15 787
Profit Loss					1 803 432	966 359
Profit Loss On Ordinary Activities Before Tax					2 215 721	1 210 440
Property Plant Equipment Gross Cost	209 816	294 964	315 265	353 584	488 139	579 136
Provisions				13 279	43 645	44 956
Purchase Property Plant Equipment					139 855	111 487
Recoverable Value-added Tax					429 010	223 974
Social Security Costs					90 572	106 432
Taxation Including Deferred Taxation Balance Sheet Subtotal	12 223	19 210	13 259	13 279
Tax Expense Credit Applicable Tax Rate					420 987	229 984
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					17	891
Tax Tax Credit On Profit Or Loss On Ordinary Activities					412 289	244 081
Total Additions Including From Business Combinations Property Plant Equipment		97 548	20 301	41 518	139 855	111 487
Total Assets Less Current Liabilities	1 272 217	1 631 155	2 203 510	2 914 970
Total Current Tax Expense Credit					381 923	242 770
Total Deferred Tax Expense Credit					30 366	1 311
Trade Creditors Trade Payables	725 550	303 007	250 603	356 719	1 147 376	1 571 504
Trade Debtors Trade Receivables	589 907	463 824	672 114	369 132	448 619	932 132
Turnover Revenue					14 916 363	13 349 392
Useful Life Property Plant Equipment Years					3	3
Wages Salaries					788 763	919 531
Work In Progress					54 047	164 881
Company Contributions To Money Purchase Plans Directors					1 133	1 308
Director Remuneration					97 624	135 309
Number Directors Accruing Benefits Under Money Purchase Scheme					1	1

Company staff

Alan M.

Role: Director

Appointed: 03 December 2013

Latest update: 17 February 2024

Irene M.

Role: Director

Appointed: 03 December 2013

Latest update: 17 February 2024

Irene M.

Role: Secretary

Appointed: 03 December 2013

Latest update: 17 February 2024

Ross A.

Role: Director

Appointed: 03 December 2013

Latest update: 17 February 2024

People with significant control

Alan M.

Notified on 6 April 2016

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

right to manage directors

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	03 September 2024
Confirmation statement last made up date	20 August 2023

Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	01/01/2021
End Date For Period Covered By Report	31/12/2021
Annual Accounts
Start Date For Period Covered By Report	01/01/2022
End Date For Period Covered By Report	31/12/2022

Alan Mackay Machinery (forfar) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Alan M.

Irene M.

Irene M.

Ross A.

People with significant control

Alan M.

Accounts Documents

Company filings

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