Cinmech Services Limited in Glasgow, G75 0PZ

Description

Data updated on: 01-11-2023

The Cinmech Services Limited firm has been operating offering its services for at least fourty nine years, as it's been established in 1975. Registered with number SC057247, Cinmech Services is a Private Limited Company with office in 8c Colvilles Place, Glasgow G75 0PZ. This enterprise's declared SIC number is 28490 which means Manufacture of other machine tools. 2022-05-31 is the last time when the accounts were reported.

Our information that details the following company's MDs implies the existence of two directors: Craig M. and Alexander M. who became members of the Management Board on 9th May 2001 and 20th February 2001. Additionally, the managing director's responsibilities are constantly aided with by a secretary - Alexander M., who joined the following business on 8th September 2003.

Executives who control the firm include: Alex M. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Ian M. 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	2021-05-31	2022-05-31	2023-05-31
Currency

Balance Sheet
Cash Bank On Hand	1 050	1 092	385
Current Assets	181 638	314 012	327 291
Debtors	54 134	139 621	162 690
Net Assets Liabilities	32 265	5 021	799
Other Debtors	11 208	22 872	7 855
Property Plant Equipment	19 046	6 638	705
Total Inventories	126 454	173 299	164 216

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	160 017	172 425	178 358
Average Number Employees During Period	6	6	6
Bank Borrowings Overdrafts	8 332	44 497	33 410
Creditors	108 942	265 065	290 115
Depreciation Rate Used For Property Plant Equipment		20	20
Future Minimum Lease Payments Under Non-cancellable Operating Leases	9 477	2 374
Increase From Depreciation Charge For Year Property Plant Equipment		12 408	5 933
Net Current Assets Liabilities	72 696	48 947	37 176
Other Creditors	40 544	51 523	51 928
Other Taxation Social Security Payable	21 651	41 210	63 810
Payments To Related Parties	105 381	123 614
Property Plant Equipment Gross Cost		179 063	179 063
Total Assets Less Current Liabilities	91 742	55 585	37 881
Trade Creditors Trade Payables	38 415	127 835	140 967
Trade Debtors Trade Receivables	42 926	116 749	154 835
Advances Credits Directors	6 106	18 932	30 188
Advances Credits Made In Period Directors		12 826