Challenge Products Ltd in Aberdeen, AB10 1YL

Description

Data updated on: 01-11-2023

Registered with number SC343018 16 years ago, Challenge Products Ltd is categorised as a Private Limited Company. The firm's actual registration address is 28 Albyn Place, Aberdeen. The enterprise's SIC and NACE codes are 9100 - Support activities for petroleum and natural gas extraction. The firm's most recent accounts describe the period up to 30th June 2022 and the most recent confirmation statement was released on 16th May 2023.

When it comes to this specific limited company, a number of director's duties have so far been done by Allan H. and Charlotte H.. When it comes to these two people, Allan H. has managed limited company the longest, having been a vital part of directors' team since Friday 16th May 2008.

Executives with significant control over the firm are: Charlotte H. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Allan H. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	203 946	269 957	311 846	383 329	378 529

Balance Sheet
Cash Bank In Hand	76 738	22 553	2 762	60 893	31
Cash Bank On Hand					31	1 556	27 389	539	198 095	7 713	410
Current Assets	351 072	381 986	455 665	416 406	438 958	329 929	440 450	593 316	518 750	664 170	840 869
Debtors	261 601	348 933	434 038	350 211	405 343	299 165	382 097	556 240	279 090	518 648	599 431
Net Assets Liabilities					375 529	329 772	428 266	551 754	581 293	353 172	408 325
Net Assets Liabilities Including Pension Asset Liability	203 946	269 957	311 846	383 329	378 529
Other Debtors					59 650	31 734	32 632	25 611	6 738	34 555
Property Plant Equipment					917 828	826 115	1 016 763	1 061 067	1 067 029	1 058 159	932 188
Stocks Inventory	12 733	10 500	18 865	5 302	33 584
Tangible Fixed Assets	238 777	328 924	607 189	1 005 870	917 828
Total Inventories					33 584	29 208	30 964	36 537	41 565	137 808	241 028

Capital & Reserves
Called Up Share Capital	2	2	2	2	2
Profit Loss Account Reserve	203 944	269 955	311 844	383 327	378 527
Shareholder Funds	203 946	269 957	311 846	383 329	378 529

Other Financial Data
Accrued Liabilities					8 938	9 052	8 409	14 671	17 323	69 656	31 762
Accumulated Depreciation Impairment Property Plant Equipment					467 122	534 021	639 524	772 865	898 723	1 042 583	1 169 723
Additional Provisions Increase From New Provisions Recognised							17 457	14 015	6 920	2 717	-20 759
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss						-16 256
Average Number Employees During Period						17	16	21	25	24	24
Bank Borrowings					97 573	86 334	74 403	57 302	84 471	214 415	154 167
Bank Borrowings Overdrafts					12 958	74 403	12 000	128 525	22 800	182 664	203 668
Bank Overdrafts					168 432	157 412	114 200	106 925		137 053	168 305
Corporation Tax Payable					14 956	17 415	17 664	13 710	22 689		39 052
Corporation Tax Recoverable								71 664		36 399
Creditors					279 929	198 899	318 771	316 176	370 269	435 939	264 762
Creditors Due After One Year	79 253	74 748	141 653	375 679	279 929
Creditors Due Within One Year	284 583	324 090	549 327	543 157	586 688
Disposals Decrease In Depreciation Impairment Property Plant Equipment						34 490	31 095	12 842	21 462	5 201
Disposals Property Plant Equipment						62 000	37 159	15 000	29 500	8 995
Finance Lease Liabilities Present Value Total					193 595	124 496	256 368	280 474	308 598	140 428	156 928
Future Minimum Lease Payments Under Non-cancellable Operating Leases					76 600	76 600	38 300	38 300	76 600	86 175	86 175
Increase Decrease In Property Plant Equipment						27 510	307 600	175 220	155 500	110 000
Increase From Depreciation Charge For Year Property Plant Equipment						101 389	136 598	146 183	147 320	149 061	127 140
Net Current Assets Liabilities	66 489	57 896	-93 662	-126 751	-147 730	-202 060	-156 885	-66 281	18 309	-132 555	-143 367
Number Shares Allotted		2	2	2	2
Other Creditors							1 628	3 579	4 168	3 150	3 868
Other Taxation Social Security Payable					30 044	27 653	21 817	30 878	31 632	25 037	39 381
Par Value Share		1	1	1	1
Prepayments						6 383	6 383	6 383	6 383	7 898	34 441
Property Plant Equipment Gross Cost					1 384 950	1 360 136	1 656 287	1 833 932	1 965 752	2 100 742	2 101 911
Provisions					111 640	95 384	112 841	126 856	133 776	136 493	115 734
Provisions For Liabilities Balance Sheet Subtotal					111 640	95 384	112 841	126 856	133 776	136 493	115 734
Provisions For Liabilities Charges	22 067	42 115	60 028	120 111	111 640
Secured Debts			242 933	203 989	266 005
Share Capital Allotted Called Up Paid	2	2	2	2	2
Tangible Fixed Assets Cost Or Valuation	330 880	483 342	831 976	1 366 521	1 384 950
Tangible Fixed Assets Depreciation	92 103	154 418	224 787	360 651	467 122
Total Additions Including From Business Combinations Property Plant Equipment						37 186	333 310	192 645	161 320	143 985	1 169
Total Assets Less Current Liabilities	305 266	386 820	513 527	879 119	770 098	624 055	859 878	994 786	1 085 338	925 604	788 821
Total Borrowings					266 005	243 746	188 603	164 227	84 471	351 468	322 472
Trade Creditors Trade Payables					195 938	149 583	186 536	223 115	110 567	246 766	318 853
Trade Debtors Trade Receivables					345 693	261 048	343 082	452 582	265 969	439 796	564 990

Company staff

Allan H.

Role: Director

Appointed: 16 May 2008

Latest update: 12 March 2024

Charlotte H.

Role: Director

Appointed: 16 May 2008

Latest update: 12 March 2024

People with significant control

Charlotte H.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Allan H.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 March 2024
Account last made up date	30 June 2022
Confirmation statement next due date	30 May 2024
Confirmation statement last made up date	16 May 2023

Annual Accounts 12 December 2014
Start Date For Period Covered By Report	01 July 2013
End Date For Period Covered By Report	30 June 2014
Date Approval Accounts	12 December 2014
Annual Accounts 25 November 2015
Start Date For Period Covered By Report	01 July 2014
End Date For Period Covered By Report	30 June 2015
Date Approval Accounts	25 November 2015
Annual Accounts 3 November 2016
Start Date For Period Covered By Report	01 July 2015
End Date For Period Covered By Report	30 June 2016
Date Approval Accounts	3 November 2016
Annual Accounts
Start Date For Period Covered By Report	01 July 2016
End Date For Period Covered By Report	30 June 2017
Annual Accounts
Start Date For Period Covered By Report	01 July 2017
End Date For Period Covered By Report	30 June 2018
Annual Accounts
Start Date For Period Covered By Report	01 July 2018
End Date For Period Covered By Report	30 June 2019
Annual Accounts
Start Date For Period Covered By Report	01 July 2019
End Date For Period Covered By Report	30 June 2020
Annual Accounts
Start Date For Period Covered By Report	01 July 2020
End Date For Period Covered By Report	30 June 2021
Annual Accounts
Start Date For Period Covered By Report	01 July 2021
End Date For Period Covered By Report	30 June 2022
Annual Accounts 16 December 2013
End Date For Period Covered By Report	30 June 2013
Date Approval Accounts	16 December 2013

Challenge Products Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Allan H.

Charlotte H.

Grant Smith Law Practice Limited

Grant Smith Law Practice

People with significant control

Charlotte H.

Allan H.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address,
2013

Address:

Post code:

City / Town:

HQ address,
2014

Address:

Post code:

City / Town:

HQ address,
2015

Address:

Post code:

City / Town:

HQ address,
2016

Address:

Post code:

City / Town:

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Challenge Products Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Allan H.

Charlotte H.

Grant Smith Law Practice Limited

Grant Smith Law Practice

People with significant control

Charlotte H.

Allan H.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2013

Address:

Post code:

City / Town:

HQ address, 2014

Address:

Post code:

City / Town:

HQ address, 2015

Address:

Post code:

City / Town:

HQ address, 2016

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

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HQ address,
2013

HQ address,
2014

HQ address,
2015

HQ address,
2016