James Mcgowan Engineering Limited in Glasgow, G72 8XN

Description

Data updated on: 01-11-2023

James Mcgowan Engineering began its operations in 1975 as a Private Limited Company under the following Company Registration No.: SC057956. This business has been active for fourty nine years and it's currently active. The company's headquarters is located in Glasgow at Dechmont Works Lightburn Road. Anyone can also find the company using the zip code of G72 8XN. The enterprise's Standard Industrial Classification Code is 28220 - Manufacture of lifting and handling equipment. The business latest filed accounts documents cover the period up to 2022-05-31 and the most current confirmation statement was filed on 2023-02-22.

The data we obtained detailing the following firm's members suggests there are five directors: Christopher C., James M., David S. and 2 remaining, listed below who joined the team on 2022-08-22, 2010-10-12.

The companies that control this firm are: Mmnr Limited owns over 3/4 of company shares. This business can be reached in Glasgow at 53 Bothwell Street, G2 6TB and was registered as a PSC under the registration number Sc372181.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31
Currency

Balance Sheet
Cash Bank On Hand	1 421 236	1 595 035	1 772 585	1 534 958	1 809 290	933 621
Current Assets	2 237 087	2 663 103	2 996 168	2 475 732	2 621 490	1 689 926
Debtors	693 118	946 839	1 110 238	811 461	672 603	633 976
Net Assets Liabilities	1 779 045	1 916 134	2 176 668	1 658 785	2 110 578	1 273 905
Other Debtors	249 869	371 959	365 350	312 199	169 344	207 553
Property Plant Equipment	820 119	853 707	902 112	866 090	913 817	855 199
Total Inventories	122 733	121 229	113 345	129 313	139 597	122 329

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	376 143	392 719	384 256	435 811	437 974	488 895
Additions Other Than Through Business Combinations Property Plant Equipment		147 719	206 769	91 463	166 065	76 793
Amounts Owed By Group Undertakings Participating Interests	1 374
Amounts Owed To Group Undertakings Participating Interests	144 261	642 887	545 300	665 300	584 300	682 200
Average Number Employees During Period	30	30	31	31	26	23
Corporation Tax Payable	146 659	282 179	132 721	156 802	124 597	131 826
Creditors	1 286 388	1 602 781	1 463 116	1 525 497	1 355 999	1 210 602
Depreciation Rate Used For Property Plant Equipment		20	20	20	20	20
Disposals Decrease In Depreciation Impairment Property Plant Equipment		50 632	87 098	33 655	68 917	32 786
Disposals Property Plant Equipment		97 555	166 827	75 930	116 175	84 490
Fixed Assets	832 969	865 468	912 112	876 090	923 817	865 199
Increase From Depreciation Charge For Year Property Plant Equipment		67 208	78 635	85 210	71 080	83 706
Investments	12 850	-1 089	10 000	10 000	10 000	10 000
Investments Fixed Assets	12 850	11 761	10 000	10 000	10 000	10 000
Investments In Group Undertakings	12 850	11 761	10 000	10 000	10 000	10 000
Net Current Assets Liabilities	950 699	1 060 322	1 533 052	950 235	1 265 491	479 324
Other Creditors	667 455	421 462	610 588	370 775	373 533	170 259
Other Provisions Balance Sheet Subtotal			250 000	150 000	50 000	50 000
Other Taxation Social Security Payable	169 615	142 084	234 027	241 096	111 308	51 976
Payments To Related Parties		40 512	39 250	35 500	93 333	28 485
Property Plant Equipment Gross Cost	1 196 262	1 246 426	1 286 368	1 301 901	1 351 791	1 344 094
Taxation Including Deferred Taxation Balance Sheet Subtotal	4 623	9 656	18 496	17 540	28 730	20 618
Total Assets Less Current Liabilities	1 783 668	1 925 790	2 195 164	1 826 325	2 189 308	1 344 523
Trade Creditors Trade Payables	158 398	114 169	190 480	91 524	162 261	174 341
Trade Debtors Trade Receivables	441 875	574 880	744 888	499 262	503 259	426 423