Irvine Enterprises Shetland Limited in Lerwick, ZE1 0PX

Description

Data updated on: 01-11-2023

Irvine Enterprises Shetland has been operating in this business field for at least thirty two years. Registered under SC136867, this company is classified as a Private Limited Company. You can contact the office of the company during its opening hours under the following address: Gremista House Gremista Industrial Estate Gremista, ZE1 0PX Lerwick. The firm present name is Irvine Enterprises Shetland Limited. The enterprise's previous clients may remember this company as Lerwick Building Centre, which was in use up till 2012-08-02. The enterprise's SIC and NACE codes are 68209, that means Other letting and operating of own or leased real estate. Irvine Enterprises Shetland Ltd reported its account information for the period up to 2022-12-31. The latest annual confirmation statement was released on 2023-02-27.

Raewyn I. and Leslie I. are registered as the enterprise's directors and have been working on the company success since 2020-01-01.

Previous company's names
Irvine Enterprises Shetland Limited 2012-08-02
Lerwick Building Centre Limited 1992-02-27

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	4 723 625	5 032 201	5 166 506

Balance Sheet
Cash Bank On Hand					1 547 444	1 283 822	1 391 855	1 103 847	1 858 850	1 741 287
Current Assets	1 653 752	2 315 014	2 430 517	2 051 875	2 078 435	1 872 430	1 740 038	1 402 960	2 204 651	2 100 466
Debtors	470 065	1 099 022	1 460 742		300 930	398 056	131 826	103 412	120 016	134 346
Net Assets Liabilities					5 110 166	4 974 809	4 947 318	4 794 876	4 841 520	4 910 836
Other Debtors					227 979	332 499	53 331	41 956	42 672	80 832
Property Plant Equipment					3 345 141	3 619 770	1 010 824	986 616	940 517	909 656
Total Inventories					230 061	190 552	216 357	195 701	225 785
Cash Bank In Hand	918 157	971 098	715 028
Net Assets Liabilities Including Pension Asset Liability	4 723 625	5 032 201	5 166 506
Stocks Inventory	265 530	244 894	254 747
Tangible Fixed Assets	3 285 721	3 013 432	3 113 677

Capital & Reserves
Called Up Share Capital	5 000	5 000	5 000
Profit Loss Account Reserve	4 187 035	4 377 454	4 511 759
Shareholder Funds	4 723 625	5 032 201	5 166 506

Other Financial Data
Tangible Fixed Assets Depreciation Other Adjustments		-6 952
Total Fixed Assets Additions		98 382	206 833
Total Fixed Assets Cost Or Valuation	3 613 590	3 342 367	3 478 985
Total Fixed Assets Depreciation	327 869	328 935	365 308
Total Fixed Assets Depreciation Charge In Period		75 065	80 604
Total Fixed Assets Depreciation Disposals		-67 047	-44 231
Total Fixed Assets Depreciation Other Adjustments		-6 952
Total Fixed Assets Disposals		-480 810	-70 215
Total Fixed Assets Revaluation		111 205
Accrued Liabilities Deferred Income								39 692	54 559
Accrued Liabilities Not Expressed Within Creditors Subtotal			11 043	24 216
Accumulated Depreciation Impairment Property Plant Equipment					374 803	341 889	325 607	344 758	385 857	380 567
Additions Other Than Through Business Combinations Property Plant Equipment						571 159	467 115
Average Number Employees During Period					13	11	10	12	13	11
Corporation Tax Payable					39 286	60 769	61 307	55 754	53 375	46 702
Creditors			261 867	211 329	210 118	465 311	674 076	349 380	243 896	271 628
Disposals Decrease In Depreciation Impairment Property Plant Equipment						76 046	57 975
Disposals Investment Property Fair Value Model									833 333
Disposals Property Plant Equipment						83 268	57 975
Dividends Paid								150 000	160 000
Finance Lease Liabilities Present Value Total								1 027
Fixed Assets	3 285 721	3 013 432	3 113 677	3 405 835			3 935 192	3 794 317	2 914 885	3 114 498
Future Minimum Lease Payments Under Non-cancellable Operating Leases					15 300	10 200	5 100
Increase Decrease Due To Transfers Between Classes Property Plant Equipment						-1
Increase Decrease Due To Transfers Into Or Out Property Plant Equipment										-215 474
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model								-191 215		15 000
Increase From Depreciation Charge For Year Property Plant Equipment						57 569	41 693	61 633	46 689	37 805
Investment Property							2 924 368	2 807 701	1 974 368	2 204 842
Investment Property Fair Value Model							2 924 368	2 807 701	1 974 368	2 204 842
Net Current Assets Liabilities	1 505 709	2 076 020	2 157 607	1 877 797	1 868 317	1 407 119	1 065 960	1 053 580	1 960 755	1 828 838
Other Creditors					72 325	22 622	396 174	158 398	56 038	145 120
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment								42 482	5 590
Other Disposals Property Plant Equipment								66 330	5 590
Other Taxation Social Security Payable					36 853	43 304	14 861	58 855	32 273	25 461
Prepayments Accrued Income								41 956	42 672
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal			16 958	37 251
Profit Loss								-2 442	206 644
Property Plant Equipment Gross Cost					3 719 944	3 961 659	4 260 799	1 331 374	1 326 374	1 290 223
Provisions For Liabilities Balance Sheet Subtotal			126 359	131 081			53 834	53 021	34 120	32 500
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment						-14 437
Taxation Including Deferred Taxation Balance Sheet Subtotal					103 292	52 080	53 834
Total Additions Including From Business Combinations Property Plant Equipment								61 273	590	179 323
Total Assets Less Current Liabilities	4 791 430	5 089 452	5 271 284	5 283 632	5 213 458	5 026 889	5 001 152	4 847 897	4 875 640	4 943 336
Total Increase Decrease From Revaluations Property Plant Equipment						-246 175	-110 000
Trade Creditors Trade Payables					61 654	338 616	201 734	76 373	47 651	54 345
Trade Debtors Trade Receivables					72 951	65 557	78 493	61 456	77 344	53 514
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment						14 437
Transfers Into Or Out Property Plant Equipment Increase Decrease In Depreciation Impairment										-43 095
Transfers To From Retained Earnings Increase Decrease In Equity							-110 000	-191 215	-13 209
Advances Credits Directors		20 794	46 742	31 852
Advances Credits Made In Period Directors			25 948
Creditors Due After One Year Total Noncurrent Liabilities		0	42 445
Creditors Due Within One Year Total Current Liabilities	148 043	238 994	272 910
Other Aggregate Reserves	5 000	5 000	5 000
Provisions For Liabilities Charges	67 805	57 251	62 333
Revaluation Reserve	526 590	644 747	644 747
Tangible Fixed Assets Additions		98 382	206 833
Tangible Fixed Assets Cost Or Valuation	3 613 590	3 342 367	3 478 985
Tangible Fixed Assets Depreciation	327 869	328 935	365 308
Tangible Fixed Assets Depreciation Charge For Period		75 065	80 604
Tangible Fixed Assets Depreciation Disposals		-67 047	-44 231
Tangible Fixed Assets Disposals		-480 810	-70 215
Tangible Fixed Assets Increase Decrease From Revaluations		111 205

Company staff

Raewyn I.

Role: Director

Appointed: 01 January 2020

Latest update: 8 January 2024

Raewyn I.

Role: Secretary

Appointed: 29 July 2002

Latest update: 8 January 2024

Leslie I.

Role: Director

Appointed: 12 March 1992

Latest update: 8 January 2024

People with significant control

Executives who control the firm include: Leslie I. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights. Raewyn I. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Leslie I.

Notified on 27 February 2017

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

right to manage directors

Raewyn I.

Notified on 27 February 2017

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	12 March 2024
Confirmation statement last made up date	27 February 2023

Annual Accounts
Start Date For Period Covered By Report	2016-01-01
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Irvine Enterprises Shetland Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Raewyn I.

Raewyn I.

Leslie I.

George I.

George I.

People with significant control

Leslie I.

Raewyn I.

Accounts Documents

Company filings

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