Buzzworks Inns Limited in Kilmarnock, KA1 2DD

Description

Data updated on: 01-11-2023

This Buzzworks Inns Limited business has been operating in this business for at least 25 years, having launched in 1999. Started with Companies House Reg No. SC195242, Buzzworks Inns is a Private Limited Company located in Grange House, Kilmarnock KA1 2DD. Even though recently operating under the name of Buzzworks Inns Limited, it previously was known under a different name. The firm was known as Macnewco Thirty Three until 1999/10/08, when the company name got changed to Maggie Morisons. The definitive transformation came on 2001/02/26. The enterprise's SIC and NACE codes are 55100: Hotels and similar accommodation. Sunday 1st May 2022 is the last time account status updates were reported.

The info we posses detailing this firm's personnel suggests there are two directors: Kenneth B. and Colin B. who became members of the Management Board on 2000/02/21 and 1999/08/04.

Previous company's names
Buzzworks Inns Limited 2001-02-26
Maggie Morisons Limited 1999-10-08
Macnewco Thirty Three Limited 1999-04-14

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-04-28	2020-05-03	2021-05-02	2022-05-01	2023-04-30
Currency

Balance Sheet
Cash Bank On Hand	190 868			258 313	330 183
Current Assets	837 133	825 563
Debtors	457 039	461 821	1 129 986	511 110	873 673
Net Assets Liabilities	2 705 170	2 320 613
Property Plant Equipment	8 473 214	9 752 821	9 997 720	10 450 190	11 494 719
Total Inventories	72 500	64 360	63 865	81 703

Other Financial Data
Audit Fees Expenses	10 000	11 000	12 000	15 000	16 500
Accrued Liabilities Deferred Income	215 236	263 846	315 123	194 008	714 660
Accumulated Depreciation Impairment Property Plant Equipment	1 038 148	1 483 569	1 687 072	1 285 547	1 240 562
Additions From Acquisitions Investment Property Fair Value Model				409 180
Additions Other Than Through Business Combinations Property Plant Equipment		1 700 502	472 899	1 188 192	1 665 991
Administrative Expenses	4 886 687	4 224 252
Amounts Owed By Group Undertakings		14 983	621 701		650 496
Amounts Owed To Group Undertakings	351 293	65 874	625 406	1 509 211	1 839 501
Average Number Employees During Period	180	168	161	186	222
Bank Borrowings Overdrafts	677 706	623 861	1 901 419
Bank Overdrafts		175 040	2 522
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	287 060	251 434	217 192	308 311	332 010
Comprehensive Income Expense	20 784	-384 557	-414 772	359 410	-543 641
Corporation Tax Recoverable	3 019		5 102
Cost Sales	2 045 747	1 731 809	554 312	2 231 042	2 791 409
Creditors	4 070 474	5 990 063	7 261 145	7 292 140	7 252 828
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	-1 935	-837	4 867	-5 666	30 482
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws		20 322		72 052
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	8 382	-27 617	-97 347	-156 669	-75 781
Depreciation Amortisation Impairment Expense				48 479	55 941
Depreciation Expense Property Plant Equipment	168 409	161 617	175 211	205 391
Finance Lease Liabilities Present Value Total	3 460 477	5 409 843	5 373 393	5 470 774	5 507 467
Finance Lease Payments Owing Minimum Gross	18 674 718	29 789 329	29 553 651	28 692 600	33 978 418
Finished Goods Goods For Resale	72 500	64 360	63 865	81 703	106 112
Further Item Deferred Expense Credit Component Total Deferred Tax Expense	-1 935	-837	4 866	-5 666	30 482
Further Item Interest Expense Component Total Interest Expense	30 350	99 168	55 350	29 598
Further Item Operating Expense Loss Income Statement Item Component Operating Profit Loss	21 378
Further Item Tax Increase Decrease Component Adjusting Items	-987	408		136 513	43 569
Future Finance Charges On Finance Leases	15 214 241	24 379 486	24 180 258	23 221 826	28 470 951
Future Minimum Lease Payments Under Non-cancellable Operating Leases	609 104				1 182 917
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				-409 384	-494 981
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income	-22 585	182 893		211 737	163 937
Gross Profit Loss	5 258 332	4 434 296	1 743 476	6 381 102
Impairment Loss Property Plant Equipment		251 179
Income Tax Expense Credit On Components Other Comprehensive Income	72 275	34 750		-136 513	-43 569
Increase Decrease In Current Tax From Adjustment For Prior Periods	-1 131	-64	-5 103	5 102
Increase From Depreciation Charge For Year Property Plant Equipment		194 242	214 292	253 870	273 433
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment		251 179
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	104 651	104 186	106 649	228 304
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	124 794	175 615	207 857	218 780
Interest Payable Similar Charges Finance Costs	259 795	378 969	369 856	476 682	802 230
Investment Property				409 180
Investment Property Fair Value Model				409 180
Investments Fixed Assets				1 828 165
Investments In Subsidiaries				1 828 165
Loans From Group Undertakings	709 125	667 350	1 949 887	1 903 480	1 858 725
Net Current Assets Liabilities	-1 155 132	-873 089
Other Comprehensive Income Expense Before Tax	-94 860	148 143		348 250	207 506
Other Creditors			476 311	1 538 003	930 386
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			10 789	4 085	318 418
Other Disposals Property Plant Equipment		158 367	24 497	288 290	328 279
Other Operating Income Format1	30 488	8 626	-1 460	19 181	41 070
Other Remaining Borrowings			1 901 419	1 856 680	1 810 725
Other Taxation Social Security Payable	286 514	283 786	23 800	236 118	390 393
Pension Other Post-employment Benefit Costs Other Pension Costs	26 542	34 584	29 194	41 227	46 523
Percentage Class Share Held In Subsidiary				100
Prepayments Accrued Income	314 744	217 730	208 487	179 868	395 948
Profit Loss	115 644	-532 700	-414 772	11 160	-751 147
Profit Loss On Ordinary Activities Before Tax	120 960	-540 896	-512 355	-74 021	-796 446
Property Plant Equipment Gross Cost	9 511 362	11 236 390	11 684 792	11 735 737	12 735 281
Provisions For Liabilities Balance Sheet Subtotal	542 438	569 056
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment				-651 310
Social Security Costs	201 019	178 151	122 124	210 811
Staff Costs Employee Benefits Expense	3 075 772	2 627 207
Taxation Including Deferred Taxation Balance Sheet Subtotal	542 438	569 056	476 575	249 779	160 911
Tax Expense Credit Applicable Tax Rate	22 982	-102 770	-97 347	-14 064	-155 227
Tax Increase Decrease Arising From Group Relief Tax Reconciliation	-13 384				40 385
Tax Increase Decrease From Effect Capital Allowances Depreciation	-4 291	26 762
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings				59 947	-26 289
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	4 062	47 983		78 197	97 457
Tax Tax Credit On Profit Or Loss On Ordinary Activities	5 316	-8 196	-97 583	-85 181	-45 299
Total Assets Less Current Liabilities	7 318 082	8 879 732
Total Borrowings	709 125	842 390	1 952 409	1 903 480	1 810 725
Total Deferred Tax Expense Credit	6 447	-8 132	-92 481	-90 283	-45 299
Total Increase Decrease From Revaluations Property Plant Equipment		182 893		-848 957	-331 044
Total Operating Lease Payments	43 250
Trade Creditors Trade Payables	665 276	400 664	312 942	567 892	918 994
Trade Debtors Trade Receivables	1 560	37 495		1 642
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment					7 124
Turnover Revenue	7 304 079	6 166 105	2 297 788	8 612 144
Wages Salaries	2 848 211	2 414 472