George Mackay Ltd. in Edinburgh, EH10 5DS

Description

Data updated on: 01-11-2023

George Mackay Ltd. has been in the UK for 20 years. Started with registration number SC276111 in 2004, it is located at Napier House, Edinburgh EH10 5DS. This enterprise's Standard Industrial Classification Code is 45112 - Sale of used cars and light motor vehicles. 2022-05-31 is the last time when the accounts were filed.

Andrew M., George M. and Ross M. are listed as enterprise's directors and have been expanding the company since 2018-08-03. To support the directors in their duties, this specific firm has been using the skills of George M. as a secretary for the last 20 years.

Executives who have control over the firm are as follows: George M. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights. Ross 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	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31
Currency
Net Worth	83 257	194 493	285 577

Balance Sheet
Cash Bank In Hand	18 437	75 292	11 573
Cash Bank On Hand			11 573	26 052	168 941	104 786	291 150
Current Assets	297 075	403 958	449 189	550 187	521 393	556 290	732 703
Debtors	500	1 000	500	350	1 984		500
Intangible Fixed Assets	6 000
Net Assets Liabilities			285 577	366 704	436 388	505 567	657 144
Net Assets Liabilities Including Pension Asset Liability	83 257	194 493	285 577
Property Plant Equipment			18 237	13 471	9 963	376 798	49 366
Stocks Inventory	278 138	327 666	437 116
Tangible Fixed Assets	2 624	2 081	18 237
Total Inventories			437 116	523 785	350 468	451 504	441 053

Capital & Reserves
Called Up Share Capital	100	100	100
Profit Loss Account Reserve	83 157	194 393	285 477
Shareholder Funds	83 257	194 493	285 577

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets			60 000	60 000	60 000	60 000
Accumulated Depreciation Impairment Property Plant Equipment			11 561	16 327	19 835	22 329	25 300
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss						-474
Average Number Employees During Period			3	4	4	4	5
Bank Borrowings				27 290	2 113	325 608
Bank Overdrafts			17 900
Creditors			178 202	2 605	93 075	300 923	123 233
Creditors Due After One Year	22 500
Creditors Due Within One Year	199 942	211 546	178 202
Fixed Assets	8 624	2 081	18 237	13 471	9 963	376 798	49 366
Future Minimum Lease Payments Under Non-cancellable Operating Leases			21 600	21 600	21 600	21 600	21 600
Increase From Depreciation Charge For Year Property Plant Equipment				4 766	3 508	2 494	2 971
Intangible Assets Gross Cost			60 000	60 000	60 000	60 000
Intangible Fixed Assets Aggregate Amortisation Impairment	54 000	60 000
Intangible Fixed Assets Cost Or Valuation	60 000	60 000
Net Current Assets Liabilities	97 133	192 412	270 987	358 427	428 318	431 111	609 470
Number Shares Allotted		10	10
Par Value Share		1	1
Property Plant Equipment Gross Cost			29 798	29 798	29 798	399 127	74 666
Provisions				2 589	1 893	1 419	1 692
Provisions For Liabilities Balance Sheet Subtotal			3 647	2 589	1 893	1 419	1 692
Provisions For Liabilities Charges			3 647
Secured Debts	45 000	22 769	17 900
Share Capital Allotted Called Up Paid	10	10	10
Tangible Fixed Assets Cost Or Valuation	6 534	6 984	29 798
Tangible Fixed Assets Depreciation	3 910	4 903	11 561
Total Additions Including From Business Combinations Property Plant Equipment						369 329	61 670
Total Assets Less Current Liabilities	105 757	194 493	289 224	371 898	438 281	807 909	658 836
Total Borrowings			17 900	27 290
Additional Provisions Increase From New Provisions Recognised							273
Advances Credits Directors		40 011	39 189
Advances Credits Repaid In Period Directors		7 518
Disposals Property Plant Equipment							386 131