Binn Skips Limited in Edinburgh, EH3 8EJ

Description

Data updated on: 01-11-2023

This company named Binn Skips was established on 11th September 2001 as a Private Limited Company. The company's registered office can be found at Edinburgh on 5 Atholl Crescent. In case you want to get in touch with this firm by mail, the postal code is EH3 8EJ. The reg. no. for Binn Skips Limited is SC223118. The name of the firm was changed in 2007 to Binn Skips Limited. This company previous business name was Binn Recycling. The company's SIC code is 82990 and has the NACE code: Other business support service activities not elsewhere classified. Binn Skips Ltd released its latest accounts for the period up to 2023/03/31. The business most recent annual confirmation statement was submitted on 2023/08/18.

Binn Skips Ltd is a large-sized vehicle operator with the licence number OM1075292. The firm has two transport operating centres in the country. In their subsidiary in Perth on Glenfarg, 48 machines and 22 trailers are available. The centre in Perth on Shore Road has 2 machines.

The info we posses describing the company's members reveals there are four directors: Brian H., David S., Allan M. and John M. who joined the team on 1st May 2017, 11th December 2015 and 11th September 2001. At least one secretary in this firm is a limited company: Gillespie Macandrew Secretaries Limited.

Previous company's names
Binn Skips Limited 2007-09-03
Binn Recycling Limited 2001-09-11

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	489 942	951 507	753 557
Current Assets	3 325 615	4 676 208	5 633 665
Debtors	2 783 267	3 653 865	4 790 550
Net Assets Liabilities	3 020 584	3 687 912	4 558 962
Other Debtors	101 783	106 439	156 929
Property Plant Equipment	5 292 375	5 917 694	7 050 959
Total Inventories	52 406	70 836	89 558

Other Financial Data
Amount Specific Advance Or Credit Directors	159 164	147 558	305 872
Amount Specific Advance Or Credit Made In Period Directors	163 100	158 182	258 681
Amount Specific Advance Or Credit Repaid In Period Directors	103 999	169 788	100 367
Company Contributions To Money Purchase Plans Directors	31 719	61 885	72 332
Director Remuneration	188 397	195 334	220 726
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3	3
Accrued Liabilities	731 917	1 019 971	886 116
Accrued Liabilities Not Expressed Within Creditors Subtotal	15 131
Accumulated Amortisation Impairment Intangible Assets	978 645	1 071 703	1 170 454
Accumulated Depreciation Impairment Property Plant Equipment	5 379 765	5 901 189	6 637 826
Additional Provisions Increase From New Provisions Recognised		456 026	205 420
Administrative Expenses	2 257 575	2 627 974	2 864 372
Amortisation Expense Intangible Assets	92 244	93 058	98 751
Amounts Owed By Group Undertakings	128 355	653 176	1 349 660
Applicable Tax Rate	19	19	19
Average Number Employees During Period	116	126	120
Bank Borrowings	50 000
Bank Borrowings Overdrafts	50 488	10 625	480
Bank Overdrafts	488	10 625	480
Cash Cash Equivalents Cash Flow Value	489 454	940 882	753 077
Cash Receipts From Government Grants	-14 006	-13 964
Comprehensive Income Expense	363 942	994 941	1 041 050
Corporation Tax Recoverable	2 452	2 452
Cost Sales	11 226 254	15 998 384	16 834 050
Creditors	1 605 407	1 873 986	2 466 057
Current Tax For Period			2 452
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		498 350	205 420
Depreciation Amortisation Expense	1 284 899	1 412 671	1 609 027
Depreciation Expense Property Plant Equipment	465 195	450 083	540 319
Disposals Decrease In Depreciation Impairment Property Plant Equipment		801 863	773 640
Disposals Property Plant Equipment		1 133 870	917 426
Dividends Paid	41 000	342 000	170 000
Dividends Paid Classified As Financing Activities	-41 000	-342 000	-170 000
Dividends Paid On Shares	41 000	342 000	170 000
Dividends Paid On Shares Interim	41 000	42 000	170 000
Finance Lease Liabilities Present Value Total	948 219	1 036 074	1 306 567
Fixed Assets	6 159 730	6 492 554	7 547 068
Further Item Cash Flow From Used In Investing Activities Component Net Cash Flows From Used In Investing Activities	-815 622	-524 820	-696 485
Further Item Operating Income Component Total Other Operating Income	662 621	67 931	96 120
Future Minimum Lease Payments Under Non-cancellable Operating Leases	511 952	332 277	232 636
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-859 956	282 258	83 082
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	779 003	-310 918	-318 641
Gain Loss On Disposal Assets Income Statement Subtotal	46 584	44 204	31 160
Gain Loss On Disposals Property Plant Equipment	46 584	44 204	31 160
Government Grant Income	77 006	13 964
Gross Profit Loss	2 052 987	4 102 844	4 078 297
Increase Decrease Due To Transfers Between Classes Property Plant Equipment		145 092
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-147 401	451 428	-187 805
Increase Decrease In Current Tax From Adjustment For Prior Periods			2 452
Increase Decrease In Property Plant Equipment		922 484	1 013 607
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	534	18 430	18 722
Increase From Amortisation Charge For Year Intangible Assets		93 058	98 751
Increase From Depreciation Charge For Year Property Plant Equipment		1 323 287	1 510 277
Intangible Assets	317 355	274 297	195 546
Intangible Assets Gross Cost	1 296 000	1 346 000	1 366 000
Interest Expense On Bank Loans Similar Borrowings	36 540
Interest Expense On Bank Overdrafts	16 256	32 248	30 527
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	57 175	97 033	110 434
Interest Paid Classified As Operating Activities	-52 796	-32 248	-30 527
Interest Payable Similar Charges Finance Costs	109 971	129 281	140 961
Investment Property	550 000	300 563	300 563
Investment Property Fair Value Model	550 000	300 563
Merchandise	52 406	70 836	89 558
Net Cash Flows From Used In Financing Activities	-343 264	91 554	-568 554
Net Cash Flows From Used In Investing Activities	2 077 787	2 334 130	3 317 403
Net Cash Flows From Used In Operating Activities	-1 587 122	-2 877 112	-2 561 044
Net Cash Generated From Operations	-1 697 093	-3 006 393	-2 702 005
Net Current Assets Liabilities	-1 079 126	-35 148	578 879
Net Interest Received Paid Classified As Investing Activities			-11 464
Number Shares Issued Fully Paid		800 000	800 000
Operating Profit Loss	554 271	1 698 980	1 378 419
Other Creditors	582 638	745 061	1 038 630
Other Deferred Tax Expense Credit	80 358	470 413	205 420
Other Interest Receivable Similar Income Finance Income			11 464
Other Operating Income Format1	758 859	224 110	164 494
Other Remaining Borrowings	45 635	22 000	22 000
Other Taxation Social Security Payable	87 449	113 323	138 123
Par Value Share		1	1
Payments Finance Lease Liabilities Classified As Financing Activities	502 648	380 405	884 564
Pension Other Post-employment Benefit Costs Other Pension Costs	166 759	227 891	284 131
Prepayments Accrued Income	292 427	247 457	392 919
Proceeds From Borrowings Classified As Financing Activities	-50 000
Proceeds From Sales Property Plant Equipment	-105 126	-376 211	-174 946
Profit Loss	363 942	994 941	1 041 050
Profit Loss On Ordinary Activities Before Tax	444 300	1 465 354	1 248 922
Property Plant Equipment Gross Cost	10 672 140	11 818 883	13 688 785
Provisions	439 482	895 508	1 100 928
Provisions For Liabilities Balance Sheet Subtotal	439 482	895 508	1 100 928
Purchase Intangible Assets		-50 000	-20 000
Purchase Property Plant Equipment	-1 367 291	-2 135 521	-2 787 328
Rental Leasing Income	10 950	10 800	14 725
Repayments Borrowings Classified As Financing Activities	-75 101	-95 100	-21 998
Social Security Costs	330 418	431 234	521 726
Staff Costs Employee Benefits Expense	3 906 278	4 800 399	5 597 778
Tax Decrease Increase From Effect Revenue Exempt From Taxation	23 482	11 052	2 178
Tax Expense Credit Applicable Tax Rate	84 417	278 417	237 295
Tax Increase Decrease From Effect Capital Allowances Depreciation	-19 189	-319 428	-406 611
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	-835	20 316	5 448
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward		3 810	138 064
Tax Increase Decrease From Other Tax Effects Tax Reconciliation			27 982
Tax Tax Credit On Profit Or Loss On Ordinary Activities	80 358	470 413	207 872
Total Additions Including From Business Combinations Intangible Assets		50 000	20 000
Total Additions Including From Business Combinations Property Plant Equipment		2 135 521	2 787 328
Total Assets Less Current Liabilities	5 080 604	6 457 406	8 125 947
Total Borrowings	96 123	32 625	22 480
Trade Creditors Trade Payables	1 422 899	1 270 079	1 257 190
Trade Debtors Trade Receivables	2 002 932	2 354 164	2 476 853
Turnover Revenue	13 279 241	20 101 228	20 912 347
Wages Salaries	3 409 101	4 141 274	4 791 921