Hamilton Bros. (engineering) Limited, ML11 7DZ

Description

Data updated on: 01-11-2023

The official date the company was started is 1979-08-22. Registered under no. SC069174, this company is listed as a Private Limited Company. You may find the office of the company during its opening times under the following location: St Leonard Street Lanark, ML11 7DZ Lesmahagow. This business's classified under the NACE and SIC code 47990 which means Other retail sale not in stores, stalls or markets. Hamilton Bros. (engineering) Ltd released its latest accounts for the financial year up to Monday 28th February 2022. The company's most recent annual confirmation statement was released on Friday 23rd December 2022.

Hamilton Bros (engineering) Ltd is a small-sized vehicle operator with the licence number OM0015146. The firm has two transport operating centres in the country. In their subsidiary in Mauchline on Tarbolton, 1 machine and 2 trailers are available. The centre in Paisley has 1 machine.

From the data we have gathered, this firm was created 45 years ago and has so far been managed by seven directors, out of whom three (Jamie G., James S. and Eric G.) are still active. To support the directors in their duties, this particular firm has been utilizing the skills of Elaine G. as a secretary since 2020.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency

Balance Sheet
Cash Bank On Hand	1 900	1 900	2 783	2 137
Current Assets	11 645 690	10 702 836	12 909 048	19 219 936
Debtors	2 816 225	3 367 109	3 807 397	4 377 462
Net Assets Liabilities	5 361 676	5 468 980	5 937 305	6 377 997
Other Debtors	107 151	133 246	216 819	258 767
Property Plant Equipment	2 013 581	1 930 514	2 057 732	1 873 619
Total Inventories	8 827 565	7 333 827	9 098 868	14 840 337

Other Financial Data
Audit Fees Expenses	13 400	13 500	13 800	18 950
Company Contributions To Money Purchase Plans Directors	7 600	112 000	35 600	37 985
Director Remuneration	123 230	135 400	151 000	306 483
Dividend Recommended By Directors		18 947
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1	1	1
Accrued Liabilities	1 085 119	935 148	1 210 417	1 768 446
Accumulated Amortisation Impairment Intangible Assets	62 114	62 114	62 114
Accumulated Depreciation Impairment Property Plant Equipment	1 839 504	1 957 138	2 167 181	2 276 421
Administrative Expenses	3 775 653	3 345 482	3 458 676	4 498 823
Amounts Owed By Group Undertakings	814 923	931 664	833 602	754 861
Amounts Owed To Group Undertakings	2 232		407 459	1 368 078
Applicable Tax Rate	19	19	19	19
Average Number Employees During Period	96	89	87	114
Bank Borrowings	259 595	225 438
Bank Borrowings Overdrafts	225 438	285 993	965 298	722 548
Bank Overdrafts	584 382	60 555	965 298	722 548
Comprehensive Income Expense	-10 035	126 251	468 325	440 692
Corporation Tax Payable		13 713	73 507	27 437
Corporation Tax Recoverable	284
Cost Sales	20 171 448	18 702 682	21 341 998	28 794 680
Creditors	425 293	125 329	213 850	449 476
Current Tax For Period	2 393	13 713	73 476	27 409
Depreciation Expense Property Plant Equipment	229 248	201 416	88 505	125 901
Disposals Decrease In Depreciation Impairment Property Plant Equipment		198 793	52 311	165 794
Disposals Property Plant Equipment		249 142	58 638	235 354
Distribution Costs		609	949	3 063
Dividends Paid		18 947
Dividends Paid On Shares Interim		18 947
Finance Lease Liabilities Present Value Total	199 855	133 403	148 295	168 330
Finance Lease Payments Owing Minimum Gross	378 010	150 189	159 785	196 646
Finished Goods	7 781 749	6 313 090	7 687 115	12 919 505
Fixed Assets	2 013 581	1 930 514	2 057 732	1 873 619
Further Item Interest Expense Component Total Interest Expense	1 011	155
Future Finance Charges On Finance Leases	51 755	16 786	11 490	28 316
Future Minimum Lease Payments Under Non-cancellable Operating Leases	7 495	6 818	4 705
Gain Loss On Disposals Property Plant Equipment	61 233	50 420	20 999	32 806
Gross Profit Loss	3 755 830	3 360 889	3 942 804	4 942 021
Increase Decrease Due To Transfers Between Classes Property Plant Equipment				-409 160
Increase Decrease In Current Tax From Adjustment For Prior Periods	-2 677		-2 316	-15 158
Increase From Depreciation Charge For Year Property Plant Equipment		316 427	262 354	295 424
Intangible Assets Gross Cost	62 114	62 114	62 114
Interest Expense On Bank Loans Similar Borrowings	9 872	8 709	3 302	180
Interest Expense On Bank Overdrafts	121 189	82 302	48 580	162 611
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	46 613	23 931	11 230	2 055
Interest Payable Similar Charges Finance Costs	178 685	115 097	63 112	164 846
Merchandise	1 045 816	1 020 737	1 411 753	1 920 832
Net Current Assets Liabilities	3 866 273	3 770 867	4 291 628	5 226 938
Number Shares Issued Fully Paid		250 000	250 000	250 000
Operating Profit Loss	180 586	269 248	691 605	692 668
Other Deferred Tax Expense Credit	14 345	14 187	91 133	74 879
Other Interest Receivable Similar Income Finance Income	2 125		2 125
Other Operating Income Format1	200 409	253 841	208 426	252 533
Other Remaining Borrowings	3 615 952	3 081 660	3 168 624	7 325 940
Other Taxation Social Security Payable	302 125	55 607	69 305	83 962
Par Value Share		1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	75 439	176 768	132 558	115 384
Prepayments	27 858	57 686	77 889	85 042
Profit Loss	-10 035	126 251	468 325	440 692
Profit Loss On Ordinary Activities Before Tax	4 026	154 151	630 618	527 822
Property Plant Equipment Gross Cost	3 853 085	3 887 652	4 224 913	4 150 040
Provisions	92 885	107 072	198 205	273 084
Provisions For Liabilities Balance Sheet Subtotal	92 885	107 072	198 205	273 084
Recoverable Value-added Tax			44 123
Social Security Costs	244 451	248 177	246 352	359 397
Staff Costs Employee Benefits Expense	2 218 989	2 150 163	2 095 737	2 669 256
Tax Expense Credit Applicable Tax Rate	765	29 289	119 817	100 286
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	6 733	-1 389	-2 101	-3 466
Tax Tax Credit On Profit Or Loss On Ordinary Activities	14 061	27 900	162 293	87 130
Total Additions Including From Business Combinations Property Plant Equipment		283 709	395 899	569 641
Total Assets Less Current Liabilities	5 879 854	5 701 381	6 349 360	7 100 557
Total Borrowings	4 786 184	3 367 653	4 133 922	8 048 488
Total Current Tax Expense Credit	-284	13 713	71 160	12 251
Trade Creditors Trade Payables	2 029 050	2 186 427	2 574 515	2 392 255
Trade Debtors Trade Receivables	1 856 038	2 152 013	2 606 694	3 243 862
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment				-20 390
Turnover Revenue	23 927 278	22 063 571	25 284 802	33 736 701
Wages Salaries	1 899 099	1 725 218	1 716 827	2 194 475