G.m.g. (contractors) Limited in Glasgow, G69 6DW

Description

Data updated on: 01-11-2023

G.m.g. (contractors) Limited is categorised as Private Limited Company, that is located in 142 Swinton Road, Baillieston in Glasgow. The zip code G69 6DW. This business 's been 37 years in this business. The Companies House Registration Number is SC104242. This enterprise's classified under the NACE and SIC code 43310, that means Plastering. 2022-03-31 is the last time when the company accounts were reported.

G M G Contractors Ltd is a small-sized vehicle operator with the licence number OM0034149. The firm has one transport operating centre in the country. In their subsidiary in Glasgow on Baillieston, 3 machines are available.

In order to be able to match the demands of the customers, this particular limited company is constantly being led by a unit of four directors who are, to mention just a few, Gary M., Daniel M. and Stephen M.. Their support has been of cardinal importance to this specific limited company for one year. Additionally, the managing director's tasks are aided with by a secretary - Margaret M., who was selected by this specific limited company in December 1988.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-02-29	2013-02-28	2014-02-28	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28
Currency
Net Worth	73 088	118 086	553 881	1 026 560	1 136 079

Balance Sheet
Cash Bank In Hand	17 939	53 758	259 300	161 402	37 982
Cash Bank On Hand					37 982	164 824	367	367
Current Assets	784 975	813 763	1 769 280	2 046 930	2 193 559	2 359 753	2 316 266	3 003 909
Debtors	65 035	47 236			1 585 863	1 456 753	1 155 236	1 266 096
Net Assets Liabilities					1 136 079	1 230 726	1 287 496	1 476 813
Net Assets Liabilities Including Pension Asset Liability	73 088	118 086	553 881	1 026 560	1 136 079
Other Debtors						4 003	20 989	13 757
Property Plant Equipment					260 687	253 260	230 907	284 259
Stocks Inventory	702 001	712 769	1 026 166	1 011 973	569 714
Tangible Fixed Assets	126 211	129 207	165 975	274 421	260 687
Total Inventories					569 714	738 176	1 160 663	1 737 446
Trade Debtors			21 084	8 257	70 610

Capital & Reserves
Called Up Share Capital	200	200	200	200	200
Profit Loss Account Reserve	72 888	117 886	553 681	1 026 360	1 135 879
Shareholder Funds	73 088	118 086	553 881	1 026 560	1 136 079

Other Financial Data
Audit Fees Expenses	8 500		9 000	9 000
Accruals Deferred Income Within One Year			144 075	61 061	82 167
Accrued Liabilities					82 167	111 712	37 556	38 772
Accumulated Depreciation Impairment Property Plant Equipment					344 715	407 871	454 084	501 685
Administrative Expenses	700 169	861 432	870 177	956 435	1 204 767
Amounts Owed By Group Undertakings					1 456 437	1 362 641	1 036 636	989 337
Amounts Owed By Group Undertakings Other Participating Interests Within One Year		25 896	450 603	829 177	1 456 437
Amounts Owed To Group Undertakings Other Participating Interests Within One Year	68 487
Bank Borrowings					286 216	229 856	171 485	110 904
Bank Borrowings Overdrafts	10 014	1 814		14 589	56 360	56 360	62 611	50 450
Bank Borrowings Secured					286 216
Bank Loans Overdrafts Finance Charges			2 895
Bank Overdrafts							342 353	51 686
Bank Overdrafts Secured	10 014	1 814		14 589
Corporation Tax Due Within One Year	42 514	34 928	139 496	126 690	12 097
Corporation Tax Payable					12 097	31 692		47 391
Cost Sales	2 935 182	3 700 521	4 134 858	5 569 954	4 954 228
Creditors					263 816	190 932	129 983	123 309
Creditors Due After One Year	11 323	33 987	52 629	51 172	263 816
Creditors Due Within One Year	817 409	775 183
Debtors Due Within One Year	65 035	47 236
Deferred Tax Liability	9 366	15 714	24 718	42 503	42 332
Depreciation Tangible Fixed Assets Expense	33 193	25 743	32 461	66 876	74 459
Disposals Decrease In Depreciation Impairment Property Plant Equipment						4 865	9 954	17 247
Disposals Property Plant Equipment						8 415	40 095	28 595
Finance Lease Liabilities Present Value Total					33 960	17 436	18 952	72 859
Gain Loss From Disposal Fixed Assets		-24 826		3 813
Gross Profit Loss	772 500	961 071	1 462 812	1 582 235	1 350 005
Increase From Depreciation Charge For Year Property Plant Equipment						68 021	56 167	64 848
Interest Payable Similar Charges	9 766	13 365	8 340	8 701	23 793
Loans From Directors Within One Year			6 809	1 288	28 876
Merchandise					27 269	15 714	137 001	81 446
Net Current Assets Liabilities	-32 434	38 580	465 253	845 814	1 181 540	1 212 065	1 221 825	1 351 116
Number Shares Allotted		15		15	15
Obligations Under Finance Lease Hire Purchase Contracts After One Year	11 323	33 987	52 629	51 172	33 960
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	24 868	23 179	40 192	48 758	29 322
Operating Profit Loss	72 331	99 639	592 635	625 800	145 238
Other Interest Receivable Similar Income				55
Other Taxation Social Security Payable					37 826	53 140	43 529	54 522
Other Taxation Social Security Within One Year	30 992	24 654	48 659	59 016	37 826
Par Value Share		1		1	1
Prepayments							4 875
Prepayments Accrued Income Current Asset Due Within One Year			347	112
Profit Loss For Period	35 940	44 998	435 795	472 679	109 519
Profit Loss On Ordinary Activities Before Tax	62 565	86 274	584 295	617 154	121 445
Property Plant Equipment Gross Cost					605 402	661 131	684 991	785 944
Provisions Charged Credited To Profit Loss Account During Period		6 348		17 785	-171
Provisions For Liabilities Balance Sheet Subtotal					42 332	43 667	35 253	35 253
Provisions For Liabilities Charges	9 366	15 714	24 718	42 503	42 332
Recoverable Value-added Tax					58 816	90 109	92 736	171 293
Secured Debts				14 589	286 216
Share Capital Allotted Called Up Paid	15	15	15	15	15
Stocks Raw Materials Consumables	72 877	57 277	70 244	70 244	27 269
Tangible Fixed Assets Additions		53 565		187 509	79 025
Tangible Fixed Assets Cost Or Valuation	409 726	372 843	442 072	616 581	605 402
Tangible Fixed Assets Depreciation	283 515	243 636	276 097	342 160	344 715
Tangible Fixed Assets Depreciation Charged In Period		25 743		66 876	74 459
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		65 622		813	71 904
Tangible Fixed Assets Disposals		90 448		13 000	90 204
Tax On Profit Or Loss On Ordinary Activities	26 625	41 276	148 500	144 475	11 926
Total Additions Including From Business Combinations Property Plant Equipment						64 144	63 955	129 548
Total Assets Less Current Liabilities	93 777	167 787	631 228	1 120 235	1 442 227	1 465 325	1 452 732	1 635 375
Total Borrowings						229 856	513 838	162 590
Trade Creditors Trade Payables					765 371	876 343	594 380	1 368 209
Trade Creditors Within One Year	542 022	494 510	924 796	889 714	765 371
Trade Debtors Trade Receivables					70 610			91 709
Turnover Gross Operating Revenue	3 707 682	4 661 592	5 597 670	7 250 889	6 304 233
U K Current Corporation Tax	28 492	34 928	139 496	126 690	12 097
U K Deferred Tax	-1 867	6 348	9 004	17 785	-171
V A T Current Asset	37 504		11 780	36 009	58 816
V A T Due Total Creditors		2 587
Wages Salaries	331 810	361 084	363 485	499 876	523 278
Work In Progress	629 124	655 492	955 922	941 729	542 445	722 462	1 023 662	1 656 000
Director Remuneration Benefits Excluding Payments To Third Parties	141 554	158 348	105 246	116 400	111 573