Cormack (aircraft Services) Limited in Cumbernauld, G68 0HH

Description

Data updated on: 01-11-2023

The Cormack (aircraft Services) Limited company has been operating in this business for at least 47 years, having launched in 1977. Registered under the number SC061876, Cormack (aircraft Services) is categorised as a Private Limited Company with office in Cumbernauld Airport, Cumbernauld G68 0HH. The company's principal business activity number is 82990: Other business support service activities not elsewhere classified. The firm's latest filed accounts documents describe the period up to March 31, 2022 and the latest confirmation statement was filed on September 28, 2023.

According to the latest data, we can name only a single director in the company: George C.. Since December 2019 Edward M., had been fulfilling assigned duties for the limited company till the resignation in November 2020. Furthermore another director, namely Mary C. quit in 1995. Furthermore, the director's efforts are regularly backed by a secretary - Sue E., who was officially appointed by the limited company one year ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	498 669	445 167

Balance Sheet
Cash Bank In Hand	569 118	282 995
Cash Bank On Hand			872 126	920 796	1 072 658	1 047 740	1 039 644	761 603	692 891	918 400
Current Assets	756 375	355 891	990 333	964 879	1 135 063	1 139 667	1 119 803	849 787	825 040	1 040 711
Debtors	187 257	72 896	109 651	32 341	55 301	75 190	59 404	69 858	106 088	86 517
Net Assets Liabilities			819 215	876 847	886 012	872 196	931 562	957 542	946 986	1 083 332
Net Assets Liabilities Including Pension Asset Liability	498 669	445 167
Other Debtors					8 582	60 094	6 271	28 507	64 735	37 047
Property Plant Equipment			80 245	77 303	70 702	61 631	73 501	323 442	298 775
Tangible Fixed Assets	230 542	160 645
Total Inventories			8 556	11 742	7 104	16 737	20 755	18 326	26 061	35 794

Capital & Reserves
Called Up Share Capital	50 000	50 000
Profit Loss Account Reserve	448 669	395 167
Shareholder Funds	498 669	445 167

Other Financial Data
Audit Fees Expenses	2 400
Amount Specific Advance Or Credit Directors			6 159	5 000
Amount Specific Advance Or Credit Made In Period Directors			15 366	1 159
Amount Specific Advance Or Credit Repaid In Period Directors			51 723
Accruals Deferred Income Within One Year	131 402	39 357
Accrued Liabilities Deferred Income			167 670	130 048	277 779
Accumulated Depreciation Impairment Property Plant Equipment			79 893	91 584	98 531	105 031	111 911	137 095	165 122	59 809
Administrative Expenses	113 565
Amounts Owed By Other Participating Interests Within One Year		68 500
Amounts Owed By Other Related Parties Other Than Directors			4 995	325
Amounts Owed To Other Participating Interests Within One Year	322 532
Average Number Employees During Period				6	8	8	10	10	3	3
Corporation Tax Due Within One Year	18 034	24 530
Corporation Tax Payable			11 733	16 280	3 519
Creditors			244 473	159 031	314 387	325 142	255 210	199 373	164 115	218 165
Creditors Due Within One Year	471 968	66 015
Debtors Due Within One Year	187 257	72 896
Deferred Tax Liability	16 280	5 354
Depreciation Tangible Fixed Assets Expense	69 897	69 897
Disposals Decrease In Depreciation Impairment Property Plant Equipment				1 036	4 139	2 115				8 204
Disposals Property Plant Equipment				1 516	7 153	2 571				18 750
Dividends Paid				5 000
Foreign Exchange Gain Loss Recognised In Profit Loss	-2 500
Gross Profit Loss	151 395
Increase From Depreciation Charge For Year Property Plant Equipment				12 727	11 086	8 615	6 880	25 184	28 027	5 718
Loans From Directors			6 159	5 000
Loans From Other Related Parties Other Than Directors					5 615
Net Current Assets Liabilities	284 407	289 876	745 860	805 848	820 676	814 525	864 593	650 414	660 925	822 546
Number Shares Allotted		50 000
Operating Profit Loss	37 830
Other Creditors					283 394	241 212	208 169	151 296	144 261	140 142
Other Interest Receivable Similar Income	343
Other Taxation Social Security Payable			1 618	3 226	2 316	14 209	14 999	4 313	9 296	49 747
Par Value Share		1
Prepayments Accrued Income			55 820	23 193	8 582
Prepayments Accrued Income Current Asset Due Within One Year		2 128
Profit Loss				62 632	9 165
Profit Loss For Period	29 091
Profit Loss On Ordinary Activities Before Tax	38 173
Property Plant Equipment Gross Cost			160 138	168 887	169 233	166 662	185 412	460 537	463 897	285 950
Provisions Charged Credited To Profit Loss Account During Period		-10 926
Provisions For Liabilities Balance Sheet Subtotal			6 890	6 304	5 366	3 960	6 532	16 314	12 714	8 127
Provisions For Liabilities Charges	16 280	5 354
Share Capital Allotted Called Up Paid	50 000	50 000
Tangible Fixed Assets Cost Or Valuation	564 994
Tangible Fixed Assets Depreciation	334 452	404 349
Tangible Fixed Assets Depreciation Charged In Period		1 680
Tax On Profit Or Loss On Ordinary Activities	9 082
Total Additions Including From Business Combinations Property Plant Equipment				10 265	7 499		18 750	275 125	3 360	496
Total Assets Less Current Liabilities	514 949	450 521	826 105	883 151	891 378	876 156	938 094	973 856	959 700	1 091 459
Trade Creditors Trade Payables			50 240	2 049	19 225	69 721	32 042	43 764	10 558	28 276
Trade Creditors Within One Year		2 128
Trade Debtors Trade Receivables			48 836	8 823	46 719	15 096	53 133	41 351	41 353	49 470
Trade Debtors Within One Year	87 257	2 268
Turnover Gross Operating Revenue	151 395
U K Current Corporation Tax	18 039
U K Deferred Tax	-8 957
Value-added Tax Payable			7 053	2 428	5 933
Advances Credits Directors	100 000
Advances Credits Made In Period Directors	100 000