Angus Braidwood & Son Limited in Falkirk, FK2 7XQ

Description

Data updated on: 01-11-2023

Angus Braidwood & Son came into being in 1988 as a company enlisted under no SC114086, located at FK2 7XQ Falkirk at 10 Castle Drive. This firm has been in business for thirty six years and its state is active. This firm's classified under the NACE and SIC code 46770 - Wholesale of waste and scrap. 2022-09-30 is the last time the accounts were filed.

Angus Braidwood & Son Ltd is a medium-sized vehicle operator with the licence number OM0026816. The firm has one transport operating centre in the country. In their subsidiary in Falkirk on Bainsford, 6 machines and 6 trailers are available.

From the information we have gathered, the following limited company was established in October 1988 and has been overseen by eight directors, and out of them two (Tracey M. and Angus B.) are still listed as current directors. Moreover, the managing director's duties are constantly aided with by a secretary - Clare F., who was chosen by the limited company one year ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency

Balance Sheet
Cash Bank On Hand	26 796	219 091	34 486	9 131	12 911	1 023 245	94 062
Current Assets	3 323 933	4 261 705	3 817 392	3 084 855	3 210 230	4 086 949	4 235 864
Debtors	724 605	1 468 697	1 409 437	850 939	1 140 607	778 860	1 613 550
Net Assets Liabilities	2 246 569	2 299 735	2 840 563	3 073 503	3 368 309	4 263 140	3 240 456
Other Debtors	64 614	190 278	309 434	107 684	184 451	147 760	130 486
Property Plant Equipment	308 664	343 684	778 716	581 454	631 748	570 802	676 685
Total Inventories	2 572 532	2 573 917	2 373 469	2 224 785	2 056 712	2 284 844	2 528 252

Other Financial Data
Audit Fees Expenses			10 290	12 468	10 777	19 800	6 000
Director Remuneration			37 440	38 160	40 896	41 184	41 184
Dividend Recommended By Directors						500 000	2 500 000
Accrued Liabilities Deferred Income			145 065	225 658	257 707	145 252	289 180
Accumulated Amortisation Impairment Intangible Assets			6 734	33 668	60 602	87 536	114 470
Accumulated Depreciation Impairment Property Plant Equipment	1 908 021	1 990 723	2 130 428	2 313 402	2 493 303	2 344 398	2 461 634
Additions Other Than Through Business Combinations Investment Property Fair Value Model			1 927 359
Administrative Expenses			1 384 082	1 760 399	1 477 325	1 667 333	1 490 967
Amortisation Expense Intangible Assets			6 734	26 934	26 934	26 934	26 934
Amounts Owed By Group Undertakings	17 590	18 576	19 656	19 476	18 576	18 576	18 576
Applicable Tax Rate			19	19	19	19	19
Average Number Employees During Period	12	13	14	15	16	14	11
Bank Borrowings			475 284	160 256	65 451	180 880	327 959
Bank Borrowings Overdrafts	11 991		1 510 716	327 441	841 764	663 226	500 008
Bank Overdrafts			294 125	174 577	776 313		221 396
Cash Cash Equivalents Cash Flow Value			-259 639	-165 446	-763 402	1 023 245	-127 334
Comprehensive Income Expense			540 828	232 940	294 806	1 394 831	1 477 316
Corporation Tax Payable			104 805	92 150	54 870	335 071	279 554
Cost Sales			8 950 024	9 095 437	6 446 318	11 155 503	12 078 417
Creditors	1 360 188	2 269 380	1 528 784	335 185	101 779	663 226	500 008
Current Tax For Period			104 815	92 150	54 870	335 071	316 609
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws			26 319	-19 500
Deferred Tax Liabilities			62 593	43 093	65 988	68 047	126 441
Depreciation Amortisation Expense			154 659	220 351	211 355	195 965	184 405
Depreciation Expense Property Plant Equipment			146 204	183 091	136 763	179 353	157 472
Disposals Decrease In Depreciation Impairment Property Plant Equipment		1 053	8 220		4 520	328 258	40 236
Disposals Property Plant Equipment		4 850	25 195		5 000	335 445	47 645
Distribution Costs			23 460	14 686	28 771	29 790	24 947
Dividend Per Share Interim						5 000	2 500
Dividends Paid						500 000	2 500 000
Dividends Paid Classified As Financing Activities						-500 000	-2 500 000
Dividends Paid On Shares Interim						500 000	2 500 000
Finance Lease Liabilities Present Value Total			18 068	7 744	81 076
Fixed Assets		343 684	2 968 681	2 744 485	2 767 845	2 679 965	2 758 914
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			-291 512	574 781	-474 614	-208 303	-35 081
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			59 260	558 498	-289 668	361 747	-834 690
Gain Loss On Disposal Assets Income Statement Subtotal			-3 240	-5 223	-480		-2 574
Gain Loss On Disposals Property Plant Equipment			-3 240	-5 223	-480	10 323	-2 574
Gross Profit Loss			2 018 741	1 887 990	1 555 948	3 022 850	2 863 297
Income Taxes Paid Refund Classified As Operating Activities			-249 079	-104 805	-92 150	-54 870	-372 126
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-478 730	94 193	-597 956	1 786 647	-1 150 579
Increase Decrease In Current Tax From Adjustment For Prior Periods							-1
Increase Decrease In Property Plant Equipment			30 114		224 000
Increase Decrease In Stocks Inventories Finished Goods Work In Progress			-200 448	-148 684	-168 073	228 132	243 408
Increase From Amortisation Charge For Year Intangible Assets			6 734	26 934	26 934	26 934	26 934
Increase From Depreciation Charge For Year Property Plant Equipment		83 755	1 721	10 325	184 421	179 353	157 472
Intangible Assets			262 606	235 672	208 738	181 804	154 870
Intangible Assets Gross Cost			269 340	269 340	269 340	269 340
Interest Expense On Bank Overdrafts			4 943	42 600	12 528	13 432	20 459
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				6 107	8 797	5 965	-90
Interest Paid Classified As Operating Activities			-3 541	-40 853	-13 876	-12 869	-20 459
Interest Payable Similar Charges Finance Costs			4 943	48 707	21 325	19 397	20 369
Investment Property			1 927 359	1 927 359	1 927 359	1 927 359	1 927 359
Investment Property Fair Value Model			1 927 359	1 927 359	1 927 359	1 927 359
Merchandise			2 373 469	2 224 785	2 056 712	2 284 844	2 528 252
Net Cash Flows From Used In Financing Activities			-1 753 786	1 614 498	481 460	-95 800	1 438 644
Net Cash Flows From Used In Investing Activities			2 782 775	1 377	11 194	108 022	265 928
Net Cash Flows From Used In Operating Activities			-550 259	-1 710 068	105 302	-1 798 869	-553 993
Net Cash Generated From Operations			-802 879	-1 861 833	-9 521	-1 872 573	-946 488
Net Current Assets Liabilities	1 963 745	1 992 325	1 463 259	707 296	768 231	2 314 448	1 107 991
Net Interest Received Paid Classified As Investing Activities			-121	-1	-1	-62
Number Shares Issued Fully Paid				100	100	100	100
Other Creditors	796 270	1 496 554	1 220 943	2 571	1 714	1 375	13 338
Other Deferred Tax Expense Credit			26 319	-19 500	22 895	2 059	58 394
Other Interest Receivable Similar Income Finance Income			121	1	1	62
Other Operating Income Format1			65 585	241 391	344 043	425 569	525 305
Other Taxation Social Security Payable	404 769	560 160	12 251	11 027	3 864	3 524
Par Value Share				1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities			28 393	-10 324	-59 214	-182 855
Pension Other Post-employment Benefit Costs Other Pension Costs			5 242	8 462	9 109	8 591	14 540
Prepayments Accrued Income			56 569	94 682	102 311	72 974	84 872
Proceeds From Borrowings Classified As Financing Activities			-1 986 000			-900 000
Proceeds From Sales Property Plant Equipment			-13 735	-12 696		-17 510	-4 836
Profit Loss			540 828	232 940	294 806	1 394 831	1 477 316
Profit Loss On Ordinary Activities Before Tax			671 962	305 590	372 571	1 731 961	1 852 319
Property Plant Equipment Gross Cost	2 216 685	2 334 407	2 909 144	2 894 856	3 125 051	2 915 200	3 138 319
Provisions			62 593	43 093	65 988	68 047	126 441
Provisions For Liabilities Balance Sheet Subtotal	25 840	36 274	62 593	43 093	65 988	68 047	126 441
Purchase Intangible Assets			-269 340
Purchase Investment Properties			-1 927 359
Purchase Property Plant Equipment			-599 932	-14 074	-11 195	-125 594	-270 764
Recoverable Value-added Tax			967
Repayments Borrowings Classified As Financing Activities			-260 607	-1 604 174	-422 246	-121 345	-172 049
Social Security Costs			38 826	31 042	32 588	31 511	27 378
Staff Costs Employee Benefits Expense			444 010	420 631	456 835	446 630	377 571
Tax Expense Credit Applicable Tax Rate			127 673	58 062	70 788	329 073	351 941
Tax Increase Decrease From Effect Capital Allowances Depreciation			-24 585	21 257		-340	-41 090
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			1 727	12 831	-15 918	6 338	5 759
Tax Tax Credit On Profit Or Loss On Ordinary Activities			131 134	72 650	77 765	337 130	375 003
Total Additions Including From Business Combinations Intangible Assets			269 340
Total Additions Including From Business Combinations Property Plant Equipment		122 572	599 932		235 195	125 594	270 764
Total Assets Less Current Liabilities	2 272 409	2 336 009	4 431 940	3 451 781	3 536 076	4 994 413	3 866 905
Total Borrowings			769 409	334 833	841 764	180 880	393 445
Total Operating Lease Payments			9 600	9 600	9 600	9 600	9 600
Trade Creditors Trade Payables	147 158	212 666	236 400	317 746	265 404	267 354	199 459
Trade Debtors Trade Receivables	642 401	1 259 843	1 022 811	629 097	835 269	539 550	1 379 616
Turnover Revenue			10 968 765	10 983 427	8 002 266	14 178 353	14 941 714
Wages Salaries			399 942	381 127	415 138	406 528	335 653
Additional Provisions Increase From New Provisions Recognised					22 895
Further Operating Expense Item Component Total Operating Expenses					-87 275
Increase In Provisions Recognised In Profit Or Loss				-19 500	22 895
Total Current Tax Expense Credit				72 650	77 765