Foodstore Ltd in Aberdeen, AB11 9QQ

Description

Data updated on: 01-11-2023

Foodstore Ltd with the registration number SC149256 has been in this business field for 30 years. This Private Limited Company is officially located at 15 Crombie Road, Torry in Aberdeen and its postal code is AB11 9QQ. This firm's Standard Industrial Classification Code is 56290 and their NACE code stands for Other food services. Foodstore Limited filed its account information for the financial year up to 2022-02-28. Its most recent annual confirmation statement was released on 2023-09-13.

As the information gathered suggests, the following company was created in 1994-02-24 and has so far been run by two directors. To find professional help with legal documentation, this specific company has been utilizing the skillset of Richard K. as a secretary since the appointment on 2022-09-01.

John K. is the individual with significant control over this firm, 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	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28
Currency

Balance Sheet
Cash Bank On Hand	46 287	59 098	77 280	61 294	54 009	202 356	96 357
Current Assets	1 651 711	1 900 114	1 966 720	1 728 496	1 811 991	1 308 773	2 179 039
Debtors	1 074 631	1 238 179	1 260 459	1 139 405	1 222 847	720 406	1 578 418
Net Assets Liabilities	1 082 443	1 093 412	1 078 404	991 682	1 020 539	611 753	509 008
Other Debtors	23 412	34 169	40 387	20 479	17 363	27 649	39 284
Property Plant Equipment	1 465 189	1 478 928	1 385 337	1 224 612	1 150 957	1 252 449	1 178 907
Total Inventories	530 793	602 837	628 981	527 797	535 135	386 011	504 264

Other Financial Data
Audit Fees Expenses	9 335	9 200	11 000	11 500	12 500	13 750	26 000
Company Contributions To Money Purchase Plans Directors	2 715
Director Remuneration	74 544	90 411	68 455	31 125	37 228	49 685	53 624
Dividend Recommended By Directors			20 000	90 000
Number Directors Accruing Benefits Under Money Purchase Scheme	1
Accumulated Depreciation Impairment Property Plant Equipment	847 649	1 001 786	1 139 299	1 377 858	1 377 597	1 390 075	1 462 909
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		7 048	-5 002	-28 363	-954	4 098	-1 759
Administrative Expenses	780 628	936 207	935 020	928 493	904 708	906 787	946 280
Applicable Tax Rate	20	20	19	19	19	19	19
Average Number Employees During Period	58	60	66	68	70	66	73
Bank Borrowings	296 810	279 378	260 245	240 867	221 101	100 684	162 667
Bank Borrowings Overdrafts	279 378	261 326	240 797	220 917	201 289	814 539	623 007
Bank Overdrafts	591 925	779 578	862 530	598 551	648 900	322 949	1 041 116
Capital Commitments		78 000
Cash Cash Equivalents Cash Flow Value	-545 638	-720 480	-785 250	-537 257	-594 891	-120 593	-944 759
Comprehensive Income Expense	49 012	10 969	4 992	3 278	28 857	-408 786	-102 745
Corporation Tax Payable	20 361	2 600	12 515	41 498	22 750	6 585	6 585
Corporation Tax Recoverable		3 714				76 763	76 763
Cost Sales	8 890 044	9 374 934	10 074 827	10 491 025	10 677 644	7 089 900	10 033 300
Creditors	537 227	488 299	434 819	355 670	325 285	889 820	702 691
Current Tax For Period	16 478		12 515	41 498	22 750
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period			-5 482
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws			-3 435		-528
Depreciation Amortisation Expense	236 946	249 481	265 176	238 558	175 147	196 882	170 044
Depreciation Expense Property Plant Equipment	43 528	56 965	113 491	104 594	84 300	117 272	112 264
Disposals Decrease In Depreciation Impairment Property Plant Equipment		95 345	127 662		175 409	184 404	97 210
Disposals Property Plant Equipment		149 325	209 906		222 475	184 404	115 567
Distribution Costs	663 752	707 732	984 784	914 385	941 141	1 003 605	1 164 685
Dividends Paid			20 000	90 000
Dividends Paid Classified As Financing Activities			-20 000	-90 000
Dividends Paid On Shares Interim			20 000	90 000
Finance Lease Liabilities Present Value Total	257 849	226 973	194 022	134 753	123 996	5 046	5 068
Fixed Assets	1 630 189	1 643 928	1 550 337	1 389 612	1 413 851	1 528 254	1 603 308
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax		56 098
Further Item Interest Expense Component Total Interest Expense	36 571	33 564	29 210	33 937	29 074	20 028	33 230
Future Minimum Lease Payments Under Non-cancellable Operating Leases	14 900	28 900	28 900	25 400	16 067	51 307	62 557
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	20 497	189 106	-14 426	54 713	111 957	-271 303	462 104
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	26 059	-159 834	-25 994	121 054	-83 442	579 204	-858 012
Gain Loss On Disposal Assets Income Statement Subtotal	10 995	11 620	-750		22 712	18 600	45 593
Gain Loss On Disposals Property Plant Equipment	10 995	11 620	-750		22 712	18 600	45 593
Gross Profit Loss	1 552 586	1 665 612	1 972 860	1 898 634	1 947 037	1 013 227	1 672 769
Income Taxes Paid Refund Classified As Operating Activities	3 881	-17 761	1 114	-12 515	-41 498	-16 165
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	156 509	-174 842	-64 770	247 993	-57 634	474 298	-824 166
Increase Decrease In Current Tax From Adjustment For Prior Periods		3 714				-55	-1 251
Increase Decrease In Property Plant Equipment		241 359	11 000	62 766	127 345	15 650	12 727
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	-63 888	72 044	26 144	-101 184	7 338	-149 124	118 253
Increase From Depreciation Charge For Year Property Plant Equipment		249 482	265 175	238 559	175 148	196 882	170 044
Interest Expense On Bank Loans Similar Borrowings	10 712	10 113	8 413	8 168	7 835	8 170	29 368
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	29 125	31 029	30 650	21 070	20 087	10 249	8 781
Interest Paid Classified As Operating Activities	-10 712	-10 113	-8 413	-8 168	-8 106	-8 170	-30 778
Interest Payable Similar Charges Finance Costs	76 408	74 706	68 273	63 175	57 267	38 447	72 789
Investment Property	165 000	165 000	165 000	165 000	165 000	165 000	150 000
Investment Property Fair Value Model	165 000	165 000	165 000	165 000	165 000	165 000	150 000
Merchandise	530 793	602 837	628 981	527 797	535 135	386 011	504 264
Net Assets Liabilities Subsidiaries	-100	-100
Net Cash Flows From Used In Financing Activities	250 923	269 082	301 169	248 808	169 148	-635 692	218 356
Net Cash Flows From Used In Investing Activities	3 935	41 293	-23 418	22 606	71 253	274 085	-57 100
Net Cash Flows From Used In Operating Activities	-411 367	-135 533	-212 981	-519 407	-182 767	-112 691	662 910
Net Cash Generated From Operations	-483 894	-228 000	-280 140	-595 097	-281 532	-167 303	590 121
Net Current Assets Liabilities	117 960	17 212	37 313	3 804	-22 917	22 527	-344 160
Number Shares Issued Fully Paid		30 000	30 000	30 000	30 000	30 000	30 000
Operating Profit Loss	147 499	32 911	80 778	79 588	107 920	-443 004	-200 411
Other Comprehensive Income Expense Net Tax		56 098
Other Creditors	57 357	49 778	55 244	77 310	70 290	179 575	97 677
Other Deferred Tax Expense Credit	5 601	7 048	-5 002	-28 363	-954	4 098	-1 759
Other Operating Income Format1	39 293	11 238	27 722	23 832	6 732	454 161	237 785
Other Taxation Social Security Payable	48 814	57 791	55 421	39 633	60 022	169 504	53 331
Par Value Share		1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-227 993	-254 398	-262 036	-157 431	-130 529	-83 430	-99 007
Pension Other Post-employment Benefit Costs Other Pension Costs	21 016	23 148	29 555	27 614	53 337	37 927	21 652
Percentage Class Share Held In Subsidiary		100
Proceeds From Sales Property Plant Equipment	-81 195	-65 600	-81 494		-64 778	-18 600	-30 050
Profit Loss	49 012	-45 129	4 992	3 278	28 857	-408 786	-102 745
Profit Loss On Ordinary Activities Before Tax	71 091	-41 795	12 505	16 413	50 653	-481 451	-104 504
Property Plant Equipment Gross Cost	2 312 838	2 480 714	2 524 636	2 602 470	2 528 554	2 642 524	2 641 816
Provisions	128 479	79 429	74 427	46 064	45 110	49 208	47 449
Provisions For Liabilities Balance Sheet Subtotal	128 479	79 429	74 427	46 064	45 110	49 208	47 449
Purchase Property Plant Equipment	-85 130	-106 893	-58 076	-22 606	-43 137	-279 774	-26 950
Recoverable Value-added Tax	17 818	38 541	30 368	27 697	31 743	40 972	9 929
Repayments Borrowings Classified As Financing Activities	-16 833	-17 431	-19 133	-19 377	-19 765	-5 878	-129 549
Social Security Costs	184 942	198 101	201 772	211 892	193 828	199 184	256 817
Staff Costs Employee Benefits Expense	1 984 514	2 089 931	2 280 494	2 253 820	2 372 562	2 293 754	2 501 588
Tax Decrease From Utilisation Tax Losses	2 140	3 714
Tax Expense Credit Applicable Tax Rate	14 218	-8 359	2 387	3 118	9 624	-91 476	-19 856
Tax Increase Decrease From Effect Capital Allowances Depreciation	2 809	1 180	1 126	1 122	1 121	5 998	5 998
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	7 192	10 513	12 917	8 895	11 579	11 617	5 656
Tax Tax Credit On Profit Or Loss On Ordinary Activities	22 079	3 334	7 513	13 135	21 796	-72 665	-1 759
Total Additions Including From Business Combinations Property Plant Equipment		317 201	253 828	77 834	148 559	298 374	114 859
Total Assets Less Current Liabilities	1 748 149	1 661 140	1 587 650	1 393 416	1 390 934	1 550 781	1 259 148
Total Borrowings	1 346 753	1 472 884	1 470 419	1 084 859	1 090 335	423 633	1 203 783
Total Current Tax Expense Credit	16 478	-3 714	12 515		22 750	-76 763
Trade Creditors Trade Payables	587 586	775 294	757 773	806 208	904 796	414 726	1 074 901
Trade Debtors Trade Receivables	1 033 401	1 161 755	1 189 704	1 091 229	1 173 741	575 022	1 452 442
Turnover Revenue	10 442 630	11 040 546	12 047 687	12 389 659	12 624 681	8 103 127	11 706 069
Wages Salaries	1 778 556	1 868 682	2 049 167	2 014 314	2 125 397	2 056 643	2 223 119
Cash Receipts From Government Grants						-25 000
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit						1 251
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities						-25 000
Further Item Operating Income Component Total Other Operating Income						407 827	210 935
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total					-5 000		-62 304
Government Grant Income						25 000
Interest Expense On Bank Overdrafts					271		1 410
Investments Fixed Assets					97 894	110 805	274 401
Proceeds From Borrowings Classified As Financing Activities						-700 000
Rental Leasing Income					6 083	15 313	9 444