Farmer Autocare Limited in Edinburgh, EH4 2BP

Description

Data updated on: 01-11-2023

2003 is the year of the launching of Farmer Autocare Limited, a company which is situated at Thain House, 226 Queensferry Road in Edinburgh. This means it's been twenty one years Farmer Autocare has existed in this business, as the company was founded on 2003-03-19. The firm reg. no. is SC246050 and the post code is EH4 2BP. It has a history in registered name changing. Previously this firm had two other names. Up till 2003 this firm was run under the name of Tyres 'n' Wheels @ Farmer Autocare and before that its official company name was Automan. This company's Standard Industrial Classification Code is 45320 and their NACE code stands for Retail trade of motor vehicle parts and accessories. 31st July 2022 is the last time when account status updates were reported.

With six recruitment announcements since 2nd July 2014, the firm has been active on the employment market. On 28th March 2018, it started looking for candidates for a full time Mot Tester post in Glasgow, and on 2nd July 2014, for the vacant post of a full time Mechanical Fitter in Glasgow. They look for candidates for such posts as for instance: Mot Tester/Mechanic, Fitter and Tyre Fitter.

Given this particular firm's constant growth, it was unavoidable to acquire other company leaders, including: Colin M., Gregory D., Andrew M. who have been working as a team since 2022 to exercise independent judgement of this business. What is more, the managing director's assignments are often helped with by a secretary - Andrew M., who was appointed by the business on 2019-03-21.

Previous company's names
Farmer Autocare Limited 2003-11-20
Tyres 'n' Wheels @ Farmer Autocare Limited 2003-11-12
Automan Limited 2003-03-19

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31
Currency

Balance Sheet
Cash Bank On Hand	2 741 801	3 490 306	5 193 653	6 323 567	9 317 780
Current Assets	4 902 082	5 727 023	7 490 690	7 074 414	10 147 282
Debtors	1 875 289	1 969 342	1 969 565	416 529	555 848
Net Assets Liabilities	3 876 931	4 422 506	5 562 562	6 770 672	7 706 148
Other Debtors	1 503 532	1 500 000	1 500 000		59 573
Property Plant Equipment	266 566	229 509	248 804	355 918	373 043
Total Inventories	284 992	267 375	327 472	334 318

Other Financial Data
Accrued Liabilities Deferred Income	39 649	39 497	39 353	37 593	123 498
Accumulated Amortisation Impairment Intangible Assets	3 008	6 016	9 024	12 032	15 040
Accumulated Depreciation Impairment Property Plant Equipment	672 795	732 589	800 416	886 500	982 175
Additions Other Than Through Business Combinations Property Plant Equipment		22 737	87 122	193 198	126 795
Administrative Expenses			7 370 120	8 022 586	9 095 525
Amounts Owed To Group Undertakings	495 135	690 361	1 263 640	676 533	2 723 620
Average Number Employees During Period	173	75	67	66	67
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment			5 993	3 513
Cash Cash Equivalents		4 885 509	6 342 605	7 894 303	10 008 322
Corporation Tax Payable	36 966	79 219	97 959	160 272	78 275
Cost Sales			6 559 492	7 746 173	8 234 075
Creditors	1 393 055	1 634 094	2 360 432	1 892 335	4 037 922
Current Tax For Period			419 564	387 256	488 310
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period			-275	2 114
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			22 954	31 588	64 142
Finance Lease Liabilities Present Value Total			560	550
Finance Lease Payments Owing Minimum Gross			2 971	550
Finished Goods Goods For Resale	284 992	267 375	327 472	334 318	273 654
Fixed Assets	393 611	353 546	469 833	1 658 487	1 672 604
Further Item Deferred Expense Credit Component Total Deferred Tax Expense			-275	2 114
Further Item Tax Increase Decrease Component Adjusting Items			28 448	8 534	-4 759
Government Grant Income			105 165	23 236
Gross Profit Loss			9 411 680	10 217 424
Increase Decrease In Current Tax From Adjustment For Prior Periods			231	157	-4 759
Increase From Amortisation Charge For Year Intangible Assets		3 008	3 008	3 008	3 008
Increase From Depreciation Charge For Year Property Plant Equipment		59 794	67 827	86 084	109 670
Intangible Assets	17 045	14 037	11 029	8 021	5 013
Intangible Assets Gross Cost	20 053	20 053	20 053	20 053
Interest Income On Bank Deposits					58 870
Interest Paid Classified As Operating Activities			-34
Interest Payable Similar Charges Finance Costs			34
Interest Received Classified As Investing Activities			-37 942		-58 870
Investments Fixed Assets	110 000	110 000	210 000	1 294 548	1 294 548
Investments In Subsidiaries	110 000	110 000	210 000	1 294 548	1 294 548
Net Current Assets Liabilities	3 509 027	4 092 929	5 130 258	5 182 079
Net Finance Income Costs			37 942		58 870
Operating Profit Loss			2 146 725	2 218 074
Other Creditors	7 123	7 534	7 096	14 618	14 472
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					13 995
Other Disposals Property Plant Equipment					13 995
Other Interest Receivable Similar Income Finance Income			37 942		58 870
Pension Other Post-employment Benefit Costs Other Pension Costs		32 362	34 939	39 582	40 427
Percentage Class Share Held In Subsidiary		55	55	100
Prepayments Accrued Income	276 146	344 460	329 708	513 909	278 589
Profit Loss	649 658	545 575	1 140 056	1 208 110	935 476
Profit Loss On Ordinary Activities Before Tax			2 184 633	2 218 074
Property Plant Equipment Gross Cost	939 361	962 098	1 049 220	1 242 418	1 355 218
Provisions For Liabilities Balance Sheet Subtotal	25 707	23 969
Social Security Costs		153 807	181 060	199 787
Staff Costs Employee Benefits Expense		2 050 234	2 058 265	2 305 477	2 521 711
Taxation Including Deferred Taxation Balance Sheet Subtotal	25 707	23 969	37 529	69 894	75 816
Tax Increase Decrease From Effect Capital Allowances Depreciation			-1 010	-11 124	-3 285
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					1 177
Tax Tax Credit On Profit Or Loss On Ordinary Activities			442 474	421 115	547 693
Total Assets Less Current Liabilities	3 902 638	4 446 475	5 600 091	6 840 566
Total Current Tax Expense Credit			419 795	387 413	483 551
Total Deferred Tax Expense Credit			22 679	33 702	64 142
Trade Creditors Trade Payables	677 515	633 194	814 915	1 678 036	1 806 696
Trade Debtors Trade Receivables	87 719	124 882	139 857	158 489	217 686
Turnover Revenue			15 971 172	17 963 597
Wages Salaries		1 864 065	1 842 266	2 066 108	2 264 071