Bullet Express Limited in Glasgow, G1 3NQ

Description

Data updated on: 01-11-2023

Registered with number SC203638 24 years ago, Bullet Express Limited is a Private Limited Company. The business current mailing address is 6th Floor, Gordon Chambers 90 Mitchell Street Glasgow. The firm's SIC and NACE codes are 82990 and has the NACE code: Other business support service activities not elsewhere classified. Thu, 31st Mar 2022 is the last time when account status updates were reported.

Bullet Express Ltd is a large-sized vehicle operator with the licence number OM1059347. The firm has three transport operating centres in the country. In their subsidiary in Glasgow , 15 machines and 15 trailers are available. The centre in Glasgow on 5 Ashley Drive has 27 machines and 34 trailers, and the centre in Monkton on Prestwick Int Airport is equipped with 12 machines and 21 trailers.

The following limited company owes its success and permanent growth to five directors, specifically Malcolm K., Martin C., Michael S. and 2 other members of the Management Board who might be found within the Company Staff section of our website, who have been controlling the company since 2023.

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	1 007 967	3 189 035	447 932	566 363
Current Assets	4 636 935	7 106 320	6 519 197	6 110 779
Debtors	3 628 968	3 917 285	6 071 265	5 544 416
Net Assets Liabilities	2 587 649	3 035 625	4 014 093	4 642 713
Other Debtors	55 966	55 966	55 966	55 966
Property Plant Equipment	311 628	260 383	2 564 461	2 839 959
Total Inventories		15 110

Other Financial Data
Audit Fees Expenses	8 000	10 935	12 325	17 500
Accrued Liabilities Deferred Income			971 284	926 681
Accumulated Amortisation Impairment Intangible Assets	410 000	410 000	410 000
Accumulated Depreciation Impairment Property Plant Equipment	390 657	498 712	437 366	601 896
Additions Other Than Through Business Combinations Property Plant Equipment				551 060
Administrative Expenses	3 079 539	3 126 931	4 239 010	5 504 895
Amounts Owed By Associates Joint Ventures Participating Interests			1 742 970	1 670 970
Average Number Employees During Period	111	110	123	149
Bank Borrowings		193 813	63 378	1 086 099
Bank Borrowings Overdrafts		1 806 187	1 085 515	1 020 409
Banking Arrangements Classified As Cash Cash Equivalents			-493 388
Bank Overdrafts			493 388
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment			80 245	53 497
Cash Cash Equivalents Cash Flow Value	1 007 967	3 189 035	-45 456	566 363
Comprehensive Income Expense	812 357	643 024	1 023 337	834 159
Corporation Tax Payable	203 271	176 952	150 822	151 758
Cost Sales	9 703 205	8 397 433	13 832 601	12 583 542
Creditors	2 392 704	1 806 187	1 151 573	1 063 309
Current Tax For Period	203 271	176 952	150 822	142 259
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			40 216	57 534
Depreciation Impairment Expense Property Plant Equipment				275 562
Dividends Paid	345 089	195 048	202 303	205 539
Dividends Paid Classified As Financing Activities	-345 089	-195 048	-202 303	-205 539
Dividends Paid On Shares Final			202 303
Dividends Paid On Shares Interim	345 089	195 048	202 303	205 539
Finance Lease Liabilities Present Value Total			16 442	42 900
Finance Lease Payments Owing Minimum Gross			82 500	62 700
Fixed Assets	386 628	385 383	2 689 461	2 964 959
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities		512 859	-100 000	62 794
Further Item Tax Increase Decrease Component Adjusting Items			40 217	-75 877
Future Minimum Lease Payments Under Non-cancellable Operating Leases	225 355	616 656	656 632	2 725 078
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-699 951	60 245	849 619	244 028
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	10 978	239 653	-2 253 980	-526 849
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income			600 000
Income Taxes Paid Refund Classified As Operating Activities	58 756	-203 271	-173 817	-141 323
Income Tax Expense Credit On Components Other Comprehensive Income			150 000
Increase Decrease In Current Tax From Adjustment For Prior Periods	72 215		-3 135
Increase From Depreciation Charge For Year Property Plant Equipment		118 747	169 026	275 562
Intangible Assets Gross Cost	410 000	410 000	410 000
Interest Income On Bank Deposits			96	2 833
Interest Paid Classified As Operating Activities	-17 991	-30	-35 201	-43 836
Interest Payable Similar Charges Finance Costs	17 991	30	37 652	43 836
Interest Received Classified As Investing Activities				-2 833
Investments			125 000	125 000
Investments Fixed Assets	75 000	125 000	125 000	125 000
Net Cash Generated From Operations	-543 665	-1 209 082	279 106	-1 633 338
Net Current Assets Liabilities	2 244 231	4 485 877	2 695 870	3 018 262
Net Finance Income Costs			96	2 833
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				111 022
Other Disposals Property Plant Equipment				111 022
Other Interest Receivable Similar Income Finance Income	4 123	696	96	2 833
Other Operating Income Format1	12 750	307 686	16 317	21 981
Other Taxation Social Security Payable	195 895	321 660	294 913	363 566
Payments Finance Lease Liabilities Classified As Financing Activities			-43 884	-19 800
Pension Other Post-employment Benefit Costs Other Pension Costs			98 627	157 063
Prepayments Accrued Income	214 982	203 284	800 641	745 046
Profit Loss	812 357	643 024	573 337	834 159
Profit Loss On Ordinary Activities Before Tax	1 115 936	806 214	761 240	1 033 952
Property Plant Equipment Gross Cost	702 285	759 095	3 001 827	3 441 855
Purchase Property Plant Equipment	-272 189	-67 910	-1 780 329	-551 060
Staff Costs Employee Benefits Expense			5 091 006	6 136 688
Taxation Including Deferred Taxation Balance Sheet Subtotal			219 665	277 199
Tax Expense Credit Applicable Tax Rate	212 028	153 181	144 636	196 451
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	23 541	18 191	50 845	21 685
Tax Tax Credit On Profit Or Loss On Ordinary Activities	303 579	163 190	187 903	199 793
Total Assets Less Current Liabilities	2 630 859	4 871 260	5 385 331	5 983 221
Total Borrowings		193 813	556 766	1 086 099
Total Current Tax Expense Credit	275 486	176 952	147 687	142 259
Trade Creditors Trade Payables	1 254 546	1 275 350	1 833 100	1 565 022
Trade Debtors Trade Receivables	2 027 910	1 799 955	3 471 688	3 072 434
Wages Salaries	1 701 305	1 755 987	4 626 426	5 442 432
Director Remuneration			345 234	415 434
Director Remuneration Benefits Including Payments To Third Parties			359 323	431 150
Amount Specific Advance Or Credit Made In Period Directors		4 404	4 366
Accrued Liabilities	738 992	652 668	971 284
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		-13 762
Amounts Owed By Associates	1 330 110	1 842 970	1 742 970
Applicable Tax Rate	19	19
Deferred Tax Liabilities	43 210	29 448	219 665
Depreciation Amortisation Expense	102 834	118 746	169 025
Depreciation Expense Property Plant Equipment	102 835	118 747	169 026
Disposals Decrease In Depreciation Impairment Property Plant Equipment		10 692	230 372
Disposals Property Plant Equipment		11 100	244 590
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax			-150 000
Further Item Interest Expense Component Total Interest Expense	17 991	30	35 201
Gross Profit Loss	4 196 593	3 624 793	5 021 489
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-441 953	2 181 068	-3 234 491
Increase Decrease In Stocks Inventories Finished Goods Work In Progress		15 110
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			2 451
Merchandise		15 110
Net Cash Flows From Used In Financing Activities	683 317	-1 292 093	994 218
Net Cash Flows From Used In Investing Activities	343 066	116 806	1 749 698
Net Cash Flows From Used In Operating Activities	-584 430	-1 005 781	490 575
Net Interest Received Paid Classified As Investing Activities	-4 123	-696	-96
Number Shares Issued Fully Paid		7	7
Operating Profit Loss	1 129 804	805 548	798 796
Other Comprehensive Income Expense Net Tax			450 000
Other Deferred Tax Expense Credit	28 093	-13 762
Other Investments Other Than Loans	75 000	125 000	125 000
Par Value Share		1	1
Proceeds From Borrowings Classified As Financing Activities		-2 000 000	-1 200 000
Proceeds From Sales Property Plant Equipment		-408	-30 535
Provisions	43 210	29 448	219 665
Provisions For Liabilities Balance Sheet Subtotal	43 210	29 448	219 665
Repayments Borrowings Classified As Financing Activities	-350 000		-2 048 031
Tax Increase Decrease From Effect Capital Allowances Depreciation	-32 297	5 580
Total Additions Including From Business Combinations Property Plant Equipment		67 910	1 887 322
Total Increase Decrease From Revaluations Property Plant Equipment			600 000
Total Operating Lease Payments	61 772	68 526	102 478
Turnover Revenue	13 899 798	12 022 226	18 854 090

The companies with significant control over this firm include: Speed Midco Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Glasgow at Montrose Street, G1 1RE and was registered as a PSC under the reg no Sc778801.

Speed Midco Limited

Address: Suite 5, The Garment Factory, 10 Montrose Street, Glasgow, G1 1RE, Scotland

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered Scotland

Place registered Scotland

Registration number Sc778801

Notified on 17 October 2023

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

David M.

Notified on 6 April 2016

Ceased on 17 October 2023

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	18 February 2024
Confirmation statement last made up date	04 February 2023

Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022

Bullet Express Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Malcolm K.

Martin C.

Michael S.

John M.

Bridget M.

Graham S.

William H.

Gary S.

David M.

David M.

People with significant control

Speed Midco Limited

David M.

Accounts Documents

Company Vehicle Operator Data

99 Baillieston Road

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No. of Trailers

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