Jb Foods (scotland) Ltd. in Loanhead, EH20 9TB

Description

Data updated on: 01-11-2023

Jb Foods (scotland) Ltd. has existed in the business for 48 years. Registered with number SC059981 in the year 1976, it have office at Edgefield Industrial Estate, Loanhead EH20 9TB. The company's official name switch from J.b. Frozen Foods to Jb Foods (scotland) Ltd. occurred on 16th December 1998. This company's principal business activity number is 56290 and has the NACE code: Other food services. 2022/05/31 is the last time when the accounts were filed.

The firm provides its services in transport and distribution business. Its FHRSID is MIXED/05/0209. It reports to Midlothian and its last food inspection was carried out on 2015/09/29 in J B Foods Scotland Ltd Edgefield Industrial Estate Loanhead Midlothian EH20 9TB, Loanhead, EH20 9TB. The most recent quality assessment result obtained by the company is -4, which translates as .

J B Foods (scotland) Ltd is a medium-sized vehicle operator with the licence number OM0015573. The firm has two transport operating centres in the country. In their subsidiary in Berwick-upon-tweed on Windmill Way North, 2 machines are available. The centre in Loanhead has 24 machines.

With two job advertisements since 2017/02/17, the firm has been quite active on the job market. On 2017/09/21, it was recruiting new employees for a full time Graduate Sales Executive post in Berwick upon Tweed, and on 2017/02/17, for the vacant post of a full time Class 2 multi drop delivery driver in Loanhead.

Given the firm's growing number of employees, it was vital to find new directors, among others: Christine B., Charlotte T., Lee B. who have been collaborating since June 2017 to fulfil their statutory duties for the following limited company.

Previous company's names
Jb Foods (scotland) Ltd. 1998-12-16
J.b. Frozen Foods Limited 1976-05-10

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency

Balance Sheet
Cash Bank On Hand	550	261	160	799	788
Current Assets	3 836 642	1 885 960	2 394 603	3 450 876	4 542 592
Debtors	2 303 907	990 427	1 312 860	1 930 967	3 033 668
Net Assets Liabilities	1 689 921	1 004 148	866 558	1 001 792	1 205 079
Other Debtors	203 124	140 962	148 374	308 178	313 204
Property Plant Equipment	3 733 588	3 894 660	3 770 686	3 832 223	4 193 433
Total Inventories	1 532 185	895 272	1 081 583	1 519 110

Other Financial Data
Audit Fees Expenses	12 500	14 452	15 030	17 620	16 450
Accrued Liabilities Deferred Income	349 430	332 790	267 089	327 386	395 380
Accumulated Amortisation Impairment Intangible Assets	115 000	140 000	165 000	190 000	215 000
Accumulated Depreciation Impairment Property Plant Equipment	1 686 411	1 768 399	469 178	536 692	627 242
Additions Other Than Through Business Combinations Property Plant Equipment		326 681	180 086	74 034	434 535
Administrative Expenses	5 632 203	6 271 153	4 105 600	4 609 197	5 246 273
Amortisation Expense Intangible Assets	25 000	25 000	25 000	25 000
Amortisation Impairment Expense Intangible Assets	25 000	25 000	25 000	25 000	25 000
Average Number Employees During Period	122	134	81	82	85
Bank Borrowings	1 361 447	1 400 824	3 240 352	3 120 913	2 819 176
Bank Borrowings Overdrafts	1 140 671	980 503	3 060 525	2 780 302	2 644 214
Banking Arrangements Classified As Cash Cash Equivalents	-954 033	-771 313	-416 850	-301 889	-554 296
Bank Overdrafts	954 033	771 313	416 850	301 889	554 296
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	9 104	41 820	35 546	30 215	46 027
Cash Cash Equivalents Cash Flow Value	-953 483	-771 052	-416 690	-301 090	-553 508
Comprehensive Income Expense		-593 773	-137 590	135 234	203 287
Corporation Tax Payable	59 376		336	448	508
Cost Sales	17 215 407	15 940 337	7 966 214	12 511 729	14 749 981
Creditors	1 176 566	1 046 915	3 120 161	2 784 963	2 806 338
Current Tax For Period	59 376	-59 375
Deferred Tax Asset Debtors		103 313	97 637	76 251	125 198
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws		16 781		32 722
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	5 745	32 744	-14 690	2 402	75 344
Depreciation Expense Property Plant Equipment		96 543	129 221	108 157
Depreciation Impairment Expense Property Plant Equipment	121 646	127 669	151 046	123 144	131 836
Dividends Paid	102 500	92 000
Dividends Paid Classified As Financing Activities	-102 500	-92 000
Dividends Paid On Shares Final	102 500	92 000
Finance Lease Liabilities Present Value Total	71 941	92 464	100 243	34 916	237 464
Finance Lease Payments Owing Minimum Gross	84 200	101 788	110 635	37 840	273 241
Finished Goods Goods For Resale	1 532 185	895 272	1 081 583	1 519 110	1 508 136
Fixed Assets	3 869 488	4 005 560	3 856 586	3 893 123	4 228 433
Further Item Deferred Expense Credit Component Total Deferred Tax Expense		-103 313	5 676	21 386	-48 947
Further Item Interest Expense Component Total Interest Expense			11
Further Item Tax Increase Decrease Component Adjusting Items	5 745	32 744	-9 014	23 788	26 397
Future Finance Charges On Finance Leases	12 259	9 324	10 392	2 924	35 777
Future Minimum Lease Payments Under Non-cancellable Operating Leases	1 157 544	1 406 760	1 055 463	670 265	493 345
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables		996 166	936 469	-1 100 022	-1 058 678
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	174 482	-1 416 793	320 818	642 933	1 052 248
Gain Loss In Cash Flows From Change In Inventories	392 661
Gain Loss On Disposals Property Plant Equipment	-17 885	-31 773	-118 194	11 835
Gain Loss On Reclassification Cash Flow Hedges To Profit Or Loss From Equity Before Tax				158 030
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income				158 030	75 000
Government Grant Income		297 586	937 943	339 747
Gross Profit Loss	5 897 240	5 278 650	2 992 260	4 471 563
Income Tax Expense Credit On Components Other Comprehensive Income			-44 762	122 045	-63 561
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-235 035	-182 431	-354 362	-115 600	252 418
Increase Decrease In Current Tax From Adjustment For Prior Periods			325
Increase From Amortisation Charge For Year Intangible Assets		25 000	25 000	25 000	25 000
Increase From Depreciation Charge For Year Property Plant Equipment		127 669	151 046	123 144	131 836
Intangible Assets	135 000	110 000	85 000	60 000	35 000
Intangible Assets Gross Cost	250 000	250 000	250 000	250 000
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	69 023	66 906	58 235	110 911
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	7 673	9 380	3 894	3 905
Interest Payable Similar Charges Finance Costs	76 696	76 286	62 140	114 816	218 972
Investments Fixed Assets	900	900	900	900
Investments In Subsidiaries	900	900	900	900
Net Cash Flows From Used In Financing Activities	-188 744	32 102	-1 840 015	181 327	99 189
Net Cash Flows From Used In Investing Activities	168 120	320 514	145 266	11 376	431 042
Net Cash Flows From Used In Operating Activities	-214 411	-535 047	1 340 387	-311 743	-277 813
Net Cash Generated From Operations	-291 107	-611 333	1 278 259	-426 446	-496 724
Net Current Assets Liabilities	-815 608	-1 717 579	307 599	228 267	129 402
Net Interest Paid Received Classified As Operating Activities	-76 696	-76 286	-62 140	-114 816	-218 972
Operating Profit Loss	410 110	-630 650	-128 901	270 575
Other Creditors	68 614	33 614
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		45 681	1 450 267	55 630	41 286
Other Disposals Property Plant Equipment		83 621	1 603 281	103 013	57 775
Other Operating Income Format1	145 073	361 853	984 439	408 209	62 517
Other Taxation Social Security Payable	77 721	263 279	46 058	70 648	141 359
Pension Other Post-employment Benefit Costs Other Pension Costs	37 036	62 221	39 009	39 206	41 092
Percentage Class Share Held In Subsidiary		100	100	100
Prepayments Accrued Income	103 369	131 260	17 014	51 886	359 418
Proceeds From Sales Property Plant Equipment	-17 597	-6 167	-34 820	-59 218
Profit Loss	268 293	-593 773	-182 352	99 249	64 726
Profit Loss On Ordinary Activities Before Tax	333 414	-706 936	-191 041	155 759	91 123
Property Plant Equipment Gross Cost	5 419 999	5 663 059	4 239 864	4 368 915	4 820 675
Purchase Property Plant Equipment	-185 717	-326 681	-180 086	-74 034	-434 535
Social Security Costs	256 218	304 441	187 428	218 011
Staff Costs Employee Benefits Expense	3 113 911	3 768 764	2 188 744	2 565 082	2 874 538
Taxation Including Deferred Taxation Balance Sheet Subtotal	187 393	236 918	177 466	334 635	346 418
Tax Expense Credit Applicable Tax Rate	63 349	-134 318	-36 298	29 594	22 781
Tax Increase Decrease From Effect Capital Allowances Depreciation	6 109	-20 298	34 129	13 711	-78 703
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	-3 707	-8 073	882	-2 817	6 750
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward			1 287		49 172
Tax Tax Credit On Profit Or Loss On Ordinary Activities	65 121	-113 163	-8 689	56 510	26 397
Total Assets Less Current Liabilities	3 053 880	2 287 981	4 164 185	4 121 390	4 357 835
Total Borrowings	2 315 480	2 172 137	3 657 202	3 422 802	3 373 472
Total Current Tax Expense Credit		-59 375	325
Total Deferred Tax Expense Credit	5 745	-53 788	-9 014	56 510	26 397
Total Increase Decrease From Revaluations Property Plant Equipment				158 030	75 000
Total Operating Lease Payments	767 820	775 428
Trade Creditors Trade Payables	2 886 254	1 756 170	1 136 237	2 151 372	3 071 345
Trade Debtors Trade Receivables	1 997 414	614 892	1 049 835	1 494 652	2 235 848
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment			345 688
Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Depreciation Impairment Property Plant Equipment			208 287
Turnover Revenue	23 112 647	21 218 987	10 958 474	16 983 292
Wages Salaries	2 820 657	3 402 102	1 962 307	2 307 865	2 583 497
Company Contributions To Defined Benefit Plans Directors		1 931	1 200	1 200
Director Remuneration		226 554	211 100	242 030	266 506
Director Remuneration Benefits Including Payments To Third Parties		228 485	212 300	243 230	267 706