Inverlussa Shellfish Company Limited in Isle Of Mull, PA65 6BD

Description

Data updated on: 01-11-2023

Inverlussa Shellfish Company Limited may be contacted at Inverlussa, By Craignure in Isle Of Mull. The firm zip code is PA65 6BD. Inverlussa Shellfish Company has been on the market since the company was registered in 2004. The firm registration number is SC265928. This business's registered with SIC code 3210, that means Marine aquaculture. 2022-03-31 is the last time the company accounts were reported.

In order to satisfy the client base, this limited company is continually controlled by a number of three directors who are Douglas W., Benjamin W. and Helen W.. Their constant collaboration has been of great use to the limited company since April 2, 2004. In order to help the directors in their tasks, the abovementioned limited company has been utilizing the skillset of Douglas W. as a secretary since 2004.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	911 262	1 190 217	1 290 782	2 986 962	3 773 052	4 182 240

Balance Sheet
Cash Bank In Hand	213 530	216 437	1 436	212 169	420 709	438 613
Cash Bank On Hand						438 613	512 892	207 368	454 065	201 404	2 484 795	2 817 163	3 486 820
Current Assets	420 142	414 862	377 847	694 555	1 076 805	1 206 168	1 983 919	1 740 651	2 268 315	1 843 022	4 307 416	4 977 840	5 801 931
Debtors	131 612	123 425	301 411	407 386	581 096	672 555	1 376 027	1 438 283	1 719 250	1 546 618	1 727 621	2 046 398	2 140 616
Intangible Fixed Assets	27 730	19 820	11 910	4 000
Net Assets Liabilities						4 182 240	5 432 358	7 080 833	11 390 342	15 817 226	17 514 695	25 474 743	31 849 754
Net Assets Liabilities Including Pension Asset Liability	911 262	1 190 217	1 290 782	2 986 962	3 773 052	4 182 240
Property Plant Equipment						8 943 806	10 194 258	15 769 729	20 499 083	27 265 131	33 346 986	47 639 795	67 597 633
Stocks Inventory	75 000	75 000	75 000	75 000	75 000	95 000
Tangible Fixed Assets	1 318 785	2 339 125	3 766 927	5 386 811	7 603 109	8 943 806
Total Inventories						95 000	95 000	95 000	95 000	95 000	95 000	114 279	174 495

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	911 162	1 190 117	1 290 682	2 174 407	2 976 386	3 397 890
Shareholder Funds	911 262	1 190 217	1 290 782	2 986 962	3 773 052	4 182 240

Other Financial Data
Instalment Debts Falling Due After5 Years	241 424	392 719
Audit Fees Expenses									4 200	8 450	8 500	8 500	9 350
Director Remuneration								10 041	10 450	10 600	10 600	13 987	17 310
Accruals Deferred Income					933 801	1 042 797
Accrued Liabilities							49 479	257 472	29 229	23 611	31 025	36 817	41 517
Accumulated Amortisation Impairment Intangible Assets						79 100	79 100	79 100	79 100	79 100	79 100	79 100
Accumulated Depreciation Impairment Property Plant Equipment						1 299 530	1 605 276	1 956 311	1 944 641	2 003 034	3 000 300	3 426 435	4 005 285
Additional Provisions Increase From New Provisions Recognised									1 084 406	1 106 001	535 253	584 993	1 022 640
Administrative Expenses								293 620	289 450	261 811	699 130	600 526	801 714
Applicable Tax Rate								19	19	19	19	19	19
Average Number Employees During Period							44	58	58	62	69	93	108
Bank Borrowings						3 183 689	3 423 458	6 880 323	6 529 109	8 226 952	829 862	1 674 710	2 361 998
Bank Borrowings Overdrafts							366 799	6 228 616	5 869 217	7 080 191	13 578 767	15 357 347	26 244 265
Capital Commitments									4 125 000	2 657 569	7 468 124	10 187 883	4 528 101
Comprehensive Income Expense								1 908 471	4 569 505	4 686 880	1 896 465	8 180 048	6 591 011
Corporation Tax Payable							229 832	82 943	139 495			53 031
Cost Sales								3 992 860	4 620 310	5 474 669	5 526 771	8 053 275	10 127 909
Creditors						4 282 858	4 394 207	7 512 041	6 807 346	7 973 657	14 430 085	17 818 742	26 944 962
Creditors Due After One Year		392 719	775 377	684 788	639 233	3 240 061
Creditors Due Within One Year		1 190 871	1 888 529	2 106 464	3 749 481	972 680
Current Tax For Period								83 437	139 491	-6 775	-75 325	136 456
Depreciation Amortisation Expense								351 035	873 064	1 191 140	1 030 351	1 285 861	1 938 570
Depreciation Expense Property Plant Equipment								351 035	873 064	1 191 140	1 030 351	1 285 861	1 839 593
Disposals Decrease In Depreciation Impairment Property Plant Equipment							42 370		46 163	867 120	33 085	36 827	26 947
Disposals Property Plant Equipment							534 102		77 770	1 199 272	62 775	48 649	54 750
Dividends Paid								259 996	259 996	259 996	198 996	220 000	216 000
Dividends Paid Classified As Financing Activities								-259 996	-259 996	-259 996	-81 996	-84 163	-216 000
Dividends Paid On Shares Interim								259 996	259 996	259 996	198 996	220 000	216 000
Fixed Assets	1 346 515	2 358 945	3 778 837	5 390 811	7 603 109	8 943 806	10 194 258	15 769 729	20 499 083	27 265 131	33 346 986	47 639 795	67 597 633
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax								312 114	3 533 608	4 122 005		6 439 601	6 219 356
Further Item Interest Expense Component Total Interest Expense									15 000	15 000	15 000	65 625	137 500
Future Minimum Lease Payments Under Non-cancellable Operating Leases								45 483	43 113	23 265	56 643	289 620	111 423
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss								-1 950	-6 765	31 325	-7 939	8 150	12 068
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables								257 354	358 699	-802 700	104 668	356 963	39 281
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables								37 744	-310 388	118 404	-115 254	-400 877	-7 247
Gain Loss On Disposal Assets Income Statement Subtotal									12 393	110 717	1 410	7 038	13 697
Gain Loss On Disposals Property Plant Equipment									12 393	110 717	1 410	7 038	13 697
Government Grants Payable							987 548	933 425	738 129	693 466	651 318	645 452	600 697
Gross Profit Loss								2 367 279	2 755 058	2 126 025	3 195 066	4 625 053	5 547 146
Income Taxes Paid Refund Classified As Operating Activities								-241 326	-91 515	-128 774		-1 325	-43 712
Income Tax Expense Credit On Components Other Comprehensive Income									667 495	743 519		1 181 585	2 288 635
Increase Decrease Due To Transfers Between Classes Property Plant Equipment								207 616
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation								-305 524	246 697	-252 661	2 283 391	332 368	669 657
Increase Decrease In Current Tax From Adjustment For Prior Periods								11 000	8 576
Increase From Depreciation Charge For Year Property Plant Equipment							348 116	351 035	873 064	1 191 140	1 030 351	1 285 861	1 938 570
Intangible Assets Gross Cost						79 100	79 100	79 100	79 100	79 100	79 100	79 100
Intangible Fixed Assets Aggregate Amortisation Impairment	51 370	59 280	67 190	75 100	79 100
Intangible Fixed Assets Amortisation Charged In Period		7 910	7 910	7 910	4 000
Intangible Fixed Assets Cost Or Valuation	79 100	79 100	79 100	79 100	79 100
Interest Expense On Bank Loans Similar Borrowings								166 423	188 238	201 331	248 515	396 080	1 038 915
Interest Paid Classified As Operating Activities								-166 423	-203 238	-216 331	-263 515	-461 705	-1 176 415
Interest Payable Similar Charges Finance Costs								166 423	203 238	216 331	263 515	461 705	1 176 415
Merchandise								95 000	95 000	95 000	95 000	114 279	174 495
Net Cash Flows From Used In Financing Activities								-2 987 772	782 723	-1 530 087	-6 019 439	-2 454 101	-10 893 392
Net Cash Flows From Used In Investing Activities								5 610 239	2 056 417	3 703 481	7 110 796	6 979 519	15 663 354
Net Cash Flows From Used In Operating Activities								-2 316 943	-3 085 837	-1 920 733	-3 374 748	-4 857 786	-5 439 619
Net Cash Generated From Operations								-2 724 692	-3 380 590	-2 265 838	-3 638 263	-5 320 816	-6 659 746
Net Current Assets Liabilities	-193 829	-776 009	-1 510 682	-1 411 909	-2 672 676	233 488	563 847	-19 820	-59 954	-126 806	2 480 489	1 302 963	157 631
Net Interest Received Paid Classified As Investing Activities								-4 153
Number Shares Allotted			100	100	100	100
Number Shares Issued Fully Paid							100		100	100	100	100	100
Operating Profit Loss								2 078 559	2 471 608	1 869 711	2 619 908	4 105 186	4 763 055
Other Comprehensive Income Expense Net Tax								312 114	2 866 113	3 378 486		5 258 016	3 930 721
Other Creditors							13 689	20 282	17 407	29 546	26 722	36 594	58 351
Other Deferred Tax Expense Credit								225 495	416 911	362 482	535 253	584 993	1 022 640
Other Interest Receivable Similar Income Finance Income								4 153
Other Operating Income Format1								4 900	6 000	5 497	123 972	80 659	17 623
Other Remaining Borrowings							350 000	350 000	200 000	200 000	200 000	100 000	100 000
Other Taxation Social Security Payable							58 462	62 568	62 584	1 653	93 040	126 712	142 308
Par Value Share			1	1	1	1	1		1	1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs								14 386	32 685	54 957	63 407	84 493	104 342
Prepayments									5 804	8 724	12 823	107 104	3 605
Proceeds From Borrowings Classified As Financing Activities								-7 200 000	-300 000	-2 308 961	-7 943 436	-3 910 182	-13 299 816
Proceeds From Sales Property Plant Equipment									-44 000	-442 869	-31 100	-18 860	-41 500
Profit Loss								1 596 357	1 703 392	1 308 394	1 896 465	2 922 032	2 660 290
Profit Loss On Ordinary Activities Before Tax								1 916 289	2 268 370	1 653 380	2 356 393	3 643 481	3 586 640
Property Plant Equipment Gross Cost						10 243 336	11 799 534	17 726 040	22 443 724	29 268 165	36 347 286	51 066 230	71 602 918
Provisions								1 157 035	2 241 441	3 347 442	3 882 695	5 649 273	8 960 548
Provisions For Liabilities Balance Sheet Subtotal						712 196	931 540	1 157 035	2 241 441	3 347 442	3 882 695	5 649 273	8 960 548
Provisions For Liabilities Charges		128 241	201 996	307 152	518 148	712 196
Purchase Property Plant Equipment								-5 614 392	-2 100 417	-4 146 350	-7 141 896	-6 998 379	-15 704 854
Repayments Borrowings Classified As Financing Activities								-3 743 135	-801 214	-611 118	-1 764 441	-1 286 755	-1 825 612
Revaluation Reserve				812 455	796 566	784 250
Secured Debts				1 273 221	2 766 881	3 183 689
Share Capital Allotted Called Up Paid		100	100	100	100	100
Social Security Costs								217 429	236 712	267 878	302 466	412 379	562 388
Staff Costs Employee Benefits Expense								2 406 413	2 537 800	2 841 415	3 244 877	4 384 624	5 388 753
Tangible Fixed Assets Additions		1 159 234	1 545 857	1 028 421	2 443 886	1 644 186
Tangible Fixed Assets Cost Or Valuation	2 008 514	3 167 748	4 713 405	6 203 764	8 629 950	10 243 336
Tangible Fixed Assets Depreciation	689 729	828 623	946 478	816 953	1 026 841	1 299 530
Tangible Fixed Assets Depreciation Charged In Period			117 855	209 790	209 888	288 249
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				7 517		15 560
Tangible Fixed Assets Depreciation Increase Decrease From Revaluations				-331 798
Tangible Fixed Assets Disposals			200	12 920	17 700	30 800
Tangible Fixed Assets Increase Decrease From Revaluations				496 546
Tax Expense Credit Applicable Tax Rate								364 095	430 990	314 142	447 715	692 261	681 462
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss								2 352	1 382	2 375	2 980	2 944	2 724
Tax Tax Credit On Profit Or Loss On Ordinary Activities								319 932	564 978	344 986	459 928	721 449	926 350
Total Additions Including From Business Combinations Property Plant Equipment							2 090 300	5 614 392	2 100 417	4 146 350	7 141 896	9 150 890	15 704 854
Total Assets Less Current Liabilities	1 152 686	1 582 936	2 268 155	3 978 902	7 902 843	9 177 294	10 758 105	15 749 909	20 439 129	27 138 325	35 827 475	48 942 758	67 755 264
Total Borrowings								1 018 780	859 892	884 180	829 862	1 774 710	2 461 998
Total Current Tax Expense Credit								94 437	148 067	-17 496	-75 325	136 456	-96 290
Total Increase Decrease From Revaluations Property Plant Equipment								312 114	2 695 037	3 877 363		5 616 703	4 886 584
Trade Creditors Trade Payables							89 773	144 338	809 665	193 335	139 139	233 274	215 284
Trade Debtors Trade Receivables							1 195 958	1 336 983	1 634 367	1 510 943	1 632 698	1 939 294	2 050 040
Turnover Revenue								6 360 139	7 375 368	7 600 694	8 721 837	12 678 328	15 675 055
Wages Salaries								2 174 598	2 268 403	2 518 580	2 879 004	3 887 752	4 722 023
Cash Cash Equivalents Cash Flow Value									454 065	201 404	2 484 795	2 817 163
Corporation Tax Recoverable										6 775	82 100		86 971
Finance Lease Liabilities Present Value Total												436 568	1 715 563
Increase Decrease In Property Plant Equipment												3 093 026
Increase Decrease In Stocks Inventories Finished Goods Work In Progress												19 279	60 216
Payments Finance Lease Liabilities Classified As Financing Activities													-436 948
Creditors Due After One Year Total Noncurrent Liabilities	241 424	392 719
Creditors Due Within One Year Total Current Liabilities	613 971	1 190 871
Tangible Fixed Assets Depreciation Charge For Period		138 894

Company staff

Douglas W.

Role: Secretary

Appointed: 02 April 2004

Latest update: 22 March 2024

Douglas W.

Role: Director

Appointed: 02 April 2004

Latest update: 22 March 2024

Benjamin W.

Role: Director

Appointed: 02 April 2004

Latest update: 22 March 2024

Helen W.

Role: Director

Appointed: 02 April 2004

Latest update: 22 March 2024

People with significant control

Executives with significant control over this firm are: Benjamin W. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Douglas W. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Helen W. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Benjamin W.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Douglas W.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Helen W.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	16 April 2024
Confirmation statement last made up date	02 April 2023

Annual Accounts 8 December 2014
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Date Approval Accounts	8 December 2014
Annual Accounts 29 June 2015
Start Date For Period Covered By Report	01 April 2014
End Date For Period Covered By Report	31 March 2015
Date Approval Accounts	29 June 2015
Annual Accounts 3 October 2016
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Date Approval Accounts	3 October 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2016
End Date For Period Covered By Report	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	01 April 2017
End Date For Period Covered By Report	31 March 2018
Annual Accounts
Start Date For Period Covered By Report	01 April 2018
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	01 April 2019
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	01 April 2022
End Date For Period Covered By Report	31 March 2023
Annual Accounts 27 August 2013
End Date For Period Covered By Report	31 March 2013
Date Approval Accounts	27 August 2013

Inverlussa Shellfish Company Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Douglas W.

Douglas W.

Benjamin W.

Helen W.

People with significant control

Benjamin W.

Douglas W.

Helen W.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address,
2013

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

Inverlussa Shellfish Company Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Douglas W.

Douglas W.

Benjamin W.

Helen W.

People with significant control

Benjamin W.

Douglas W.

Helen W.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2013

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

HQ address,
2013