G R Contracts Ltd. in Wishaw, ML2 0EG

Description

Data updated on: 01-11-2023

SC262465 is a reg. no. for G R Contracts Ltd.. This firm was registered as a Private Limited Company on Mon, 26th Jan 2004. This firm has existed on the British market for 20 years. This company may be found at Units 2 & 3 13 Canyon Road Netherton Industrial Estate in Wishaw. It's postal code assigned to this location is ML2 0EG. The name is G R Contracts Ltd.. This firm's former associates may recognize the firm also as Exchangelaw (no.352), which was used until Tue, 6th Apr 2004. This firm's SIC and NACE codes are 25110 which means Manufacture of metal structures and parts of structures. The most recent filed accounts documents cover the period up to 2022-06-30 and the most recent confirmation statement was submitted on 2023-01-26.

G R Contracts Ltd is a medium-sized vehicle operator with the licence number OM1089680. The firm has one transport operating centre in the country. In their subsidiary in Wishaw on Netherton Industrial Estate, 1 machine and 10 trailers are available.

With two recruitment advertisements since August 7, 2014, the corporation has been quite active on the labour market. On August 8, 2014, it started employing job candidates for a full time Apprentice Fabricator position in Wishaw, and on August 7, 2014, for the vacant position of a full time Structural Steel Platers in Wishaw.

In order to satisfy their customer base, this business is continually being overseen by a unit of two directors who are George M. and Robert S.. Their joint efforts have been of extreme importance to the following business for twenty years. To find professional help with legal documentation, this specific business has been utilizing the skills of George M. as a secretary since 2004.

Previous company's names
G R Contracts Ltd. 2004-04-06
Exchangelaw (no.352) Limited 2004-01-26

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	2023-06-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	642 749	956 259	1 421 027	1 789 851

Balance Sheet
Cash Bank In Hand	60 521	354 163	491 495	1 124 536
Cash Bank On Hand				1 124 536	1 216 056	1 984 524	1 479 141	1 386 450	1 200 018	859 455	1 292 206	1 695 343
Current Assets	1 101 486	1 685 740	1 500 904	3 309 218	2 385 017	3 387 095	3 179 737	3 300 089	2 701 173	3 310 263	4 948 327	5 592 863
Debtors	328 549	642 400	623 763	1 380 701	325 991	810 929	237 668	625 393	461 354	1 116 783	1 760 596	692 254
Net Assets Liabilities				1 789 851	754 408	1 651 040	1 218 431	1 239 108	1 815 006	2 186 554	2 464 237	3 010 924
Net Assets Liabilities Including Pension Asset Liability	642 749	956 259	1 421 027	1 789 851
Other Debtors						18 041	13 029	223 571	4 403	1 298	12 478	10 044
Property Plant Equipment				574 473	488 302	594 529	472 794	374 026	316 867	495 815	382 836
Stocks Inventory	712 416	689 177	385 646	803 981
Tangible Fixed Assets	1 748 925	1 749 870	1 739 974	574 473
Total Inventories				803 981	842 970	591 642	1 462 928	1 288 246	1 039 801	1 334 025	1 895 525	3 205 266

Capital & Reserves
Called Up Share Capital	20 000	20 000	20 000	20 000
Profit Loss Account Reserve	622 749	936 259	1 401 027	1 769 851
Shareholder Funds	642 749	956 259	1 421 027	1 789 851

Other Financial Data
Audit Fees Expenses											5 000	5 250
Company Contributions To Money Purchase Plans Directors										62 000	61 500	60 204
Director Remuneration										27 896	30 095	30 445
Dividend Recommended By Directors											500 000	1 000 000
Number Directors Accruing Benefits Under Money Purchase Scheme											2	2
Accrued Liabilities				67 982	74 049	72 851	75 903	72 659	60 451	113 741	121 707	115 422
Accumulated Depreciation Impairment Property Plant Equipment				124 974	272 304	396 891	546 743	663 870	727 823	874 909	1 005 153	8 248
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss											-17 506	19 101
Administrative Expenses										1 128 847	1 257 716	1 330 479
Amounts Owed By Group Undertakings				1 093 513		2 179	3 981	1 167	37 400	289 384	260 686	216 141
Amounts Owed To Group Undertakings					980
Applicable Tax Rate											19	20
Average Number Employees During Period					45	45	52	52	60	67	73	79
Bank Borrowings				399 918	255 408	109 543
Bank Borrowings Overdrafts				120 000	120 000	109 543
Cash Cash Equivalents Cash Flow Value										859 455	1 292 206
Corporation Tax Payable				79 324	223 031	171 044	202 268	192 057	180		111 427	365 052
Cost Sales										9 501 953	12 351 332	14 322 319
Creditors				564 505	345 755	136 107	56 278	2 405 042	1 177 069	1 555 135	2 820 043	2 892 994
Creditors Due After One Year	1 002 699	851 567	411 741	564 505
Creditors Due Within One Year	1 194 767	1 616 459	1 398 487	1 475 030
Current Tax For Period											203 726	227 399
Depreciation Amortisation Expense										164 904	130 244	130 300
Depreciation Expense Property Plant Equipment										164 904	130 244	130 300
Disposals Decrease In Depreciation Impairment Property Plant Equipment					4 602	17 104		1 175	38 158	17 818		14 879
Disposals Property Plant Equipment					12 500	21 745		4 700	60 750	22 330		18 100
Dividend Per Share Final											25	50
Dividends Paid										450 000	500 000	1 000 000
Dividends Paid Classified As Financing Activities										-450 000	-500 000	-1 000 000
Dividends Paid On Shares Final										450 000	500 000	1 000 000
Finance Lease Liabilities Present Value Total				284 587	210 347	136 107	56 278	61 866
Future Minimum Lease Payments Under Non-cancellable Operating Leases										232 029	229 718	1 093 389
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables										378 246	1 153 481	-180 674
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables										-538 284	-777 716	1 068 342
Gain Loss On Disposal Assets Income Statement Subtotal										-4 511		1 779
Gain Loss On Disposals Property Plant Equipment										-4 511		1 779
Gross Profit Loss										1 836 779	2 204 527	3 100 866
Income Taxes Paid Refund Classified As Operating Activities										16 578	41 604	26 226
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation										-340 563	432 751	403 137
Increase Decrease In Current Tax From Adjustment For Prior Periods												-137 586
Increase Decrease In Stocks Inventories Finished Goods Work In Progress										294 224	561 500	1 309 741
Increase From Depreciation Charge For Year Property Plant Equipment					151 932	141 691	149 852	118 302	102 111	164 904	130 244	130 300
Key Management Personnel Compensation Total											30 095	30 445
Net Cash Flows From Used In Financing Activities										450 000	500 000	1 000 000
Net Cash Flows From Used In Investing Activities										347 611	16 564	102 759
Net Cash Flows From Used In Operating Activities										-457 048	-949 315	-1 505 896
Net Cash Generated From Operations										-440 470	-907 711	-1 479 670
Net Current Assets Liabilities	-93 281	69 281	102 417	1 834 188	656 397	1 254 319	845 104	895 047	1 524 104	1 755 128	2 128 284	2 699 869
Net Interest Received Paid Classified As Investing Activities										-752	-701	-19 965
Number Shares Allotted		20 000	20 000	20 000
Number Shares Issued Fully Paid											20 000	20 000
Operating Profit Loss										725 317	963 202	1 773 222
Other Deferred Tax Expense Credit										38 424	-17 506	19 101
Other Interest Receivable Similar Income Finance Income										752	701	19 965
Other Operating Income Format1										17 385	16 391	2 835
Other Taxation Social Security Payable				18 302	27 145	31 949	44 894	49 602	34 152	42 836	55 820	86 039
Par Value Share		1	1	1							1	1
Pension Other Post-employment Benefit Costs Other Pension Costs										127 496	131 395	140 967
Prepayments				5 783	6 236	5 940	5 875	11 236	5 263	6 968	28 087	47 844
Proceeds From Sales Property Plant Equipment										-1		-5 000
Profit Loss										821 548	777 683	1 546 687
Profit Loss On Ordinary Activities Before Tax										726 069	963 903	1 793 187
Property Plant Equipment Gross Cost				699 447	760 606	991 420	1 019 537	1 037 896	1 044 690	1 370 724	1 387 989	21 920
Provisions										64 389	46 883	65 984
Provisions For Liabilities Balance Sheet Subtotal				54 305	44 536	61 701	43 189	29 965	25 965	64 389	46 883	65 984
Provisions For Liabilities Charges	10 196	11 325	9 623	54 305
Purchase Property Plant Equipment										-348 364	-17 265	-127 724
Recoverable Value-added Tax				89 088					34 579	278 085	384 316	344 660
Secured Debts	816 705	680 955	531 741	758 745
Share Capital Allotted Called Up Paid	20 000	20 000	20 000	20 000
Social Security Costs										230 266	273 888	318 567
Staff Costs Employee Benefits Expense										2 650 401	2 983 483	3 406 090
Tangible Fixed Assets Additions		21 571	9 508	609 887
Tangible Fixed Assets Cost Or Valuation	1 799 619	1 821 190	1 822 398	699 447
Tangible Fixed Assets Depreciation	50 694	71 320	82 424	124 974
Tangible Fixed Assets Depreciation Charged In Period		20 626	17 476	67 349
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			6 372	24 799
Tangible Fixed Assets Disposals			8 300	1 732 838
Tax Expense Credit Applicable Tax Rate											183 142	367 424
Tax Increase Decrease From Effect Capital Allowances Depreciation											18 172	-5 600
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss											2 412	3 161
Tax Tax Credit On Profit Or Loss On Ordinary Activities										-95 479	186 220	246 500
Total Additions Including From Business Combinations Property Plant Equipment					73 659	252 559	28 117	23 059	67 544	348 364	17 265	90 521
Total Assets Less Current Liabilities	1 655 644	1 819 151	1 842 391	2 408 661	1 144 699	1 848 848	1 317 898	1 269 073	1 840 971	2 250 943	2 511 120	3 076 908
Total Borrowings				758 745	539 995	319 890	136 106
Total Operating Lease Payments										132 000	180 000	195 000
Trade Creditors Trade Payables				1 115 068	1 115 842	1 630 008	1 807 314	1 951 702	1 082 286	1 398 558	2 531 089	2 326 481
Trade Debtors Trade Receivables				192 317	319 755	784 769	214 783	389 419	362 951	407 145	1 075 029	73 565
Turnover Revenue										11 338 732	14 555 859	17 423 185
Wages Salaries										2 292 639	2 578 200	2 946 556
Work In Progress				803 981	842 970	591 642	1 462 928	1 288 246	1 039 801	1 334 025	1 895 525	3 205 266
Advances Credits Directors	59 999	1
Advances Credits Made In Period Directors	60 000
Advances Credits Repaid In Period Directors	60 000
Corporation Tax Recoverable									16 758	133 903
Total Current Tax Expense Credit										-133 903	203 726

Company staff

George M.

Role: Secretary

Appointed: 01 April 2004

Latest update: 1 May 2024

George M.

Role: Director

Appointed: 01 April 2004

Latest update: 1 May 2024

Robert S.

Role: Director

Appointed: 01 April 2004

Latest update: 1 May 2024

Elspeth C.

Role: Director

Appointed: 26 January 2004

Resigned: 01 April 2004

Latest update: 1 May 2024

Elspeth C.

Role: Secretary

Appointed: 26 January 2004

Resigned: 01 April 2004

Latest update: 1 May 2024

Gail P.

Role: Director

Appointed: 26 January 2004

Resigned: 01 April 2004

Latest update: 1 May 2024

People with significant control

The companies with significant control over this firm include: G R Holdings Ltd owns over 3/4 of company shares. This business can be reached in Motherwell at 378 Brandon Street, ML1 1XA and was registered as a PSC under the reg no Sc467034.

G R Holdings Ltd

Address: Oakfield House 378 Brandon Street, Motherwell, ML1 1XA, Scotland

Legal authority Companies Act 2006

Legal form Limited Company

Country registered Scotland

Place registered Scotland

Registration number Sc467034

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	31 March 2024
Account last made up date	30 June 2022
Confirmation statement next due date	09 February 2024
Confirmation statement last made up date	26 January 2023

Annual Accounts 4 August 2014
Start Date For Period Covered By Report	01 July 2013
End Date For Period Covered By Report	30 June 2014
Date Approval Accounts	4 August 2014
Annual Accounts 7 August 2015
Start Date For Period Covered By Report	01 July 2014
End Date For Period Covered By Report	30 June 2015
Date Approval Accounts	7 August 2015
Annual Accounts
Start Date For Period Covered By Report	01 July 2015
End Date For Period Covered By Report	30 June 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
Start Date For Period Covered By Report	01 July 2022
End Date For Period Covered By Report	30 June 2023
Annual Accounts 26 August 2013
End Date For Period Covered By Report	30 June 2013
Date Approval Accounts	26 August 2013

Apprentice Fabricator in Wishaw, posted on Friday 8th August 2014
Region / City	Scotland, Wishaw
Industry	Uncategorised manufacturing services
Job type	full time
Contact by phone	01698374666


Structural Steel Platers in Wishaw, posted on Thursday 7th August 2014
Region / City	Scotland, Wishaw
Industry	Other manufacturing services
Salary	£10.42 per hour
Job type	full time
Job contact info	13 Canyon RoadWISHAW, Scotland ML2 0EG

G R Contracts Ltd.

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

George M.

George M.

Robert S.

Elspeth C.

Elspeth C.

Gail P.

People with significant control

G R Holdings Ltd

Accounts Documents

Company Vehicle Operator Data

13 Canyon Road

Address

City

Postal code

No. of Vehicles

No. of Trailers

Jobs and Vacancies at G R Contracts Limited.

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