J.g. Rae Limited in Shetland, ZE1 0EX

Description

Data updated on: 01-11-2023

1972 is the date that marks the founding of J.g. Rae Limited, the company which is situated at 92 Commercial St, Lerwick, Shetland. That would make fifty two years J.g. Rae has been in the business, as the company was started on Thu, 9th Mar 1972. The firm registration number is SC050072 and the post code is ZE1 0EX. The enterprise's classified under the NACE and SIC code 32120, that means Manufacture of jewellery and related articles. 2022-02-28 is the last time company accounts were reported.

At the moment, there is only one director in the company: Sophie W. (since Mon, 25th Sep 2023). Kenneth R. had been functioning as a director for the business until the resignation in 2023. Additionally another director, including Heather F. resigned one year ago.

The companies with significant control over this firm are: Shetland Jewellery Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Shetland at Weisdale, ZE2 9LQ and was registered as a PSC under the reg no Sc696864.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-02-28	2013-02-28	2014-02-28	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency
Net Worth	523 566	567 744	626 507	650 099	858 718

Balance Sheet
Cash Bank In Hand	50 378	128 230	187 393	172 247	191 629
Cash Bank On Hand					191 629	224 730	168 863	163 439	162 425	180 251	158 919	110 856
Current Assets	248 300	323 680	393 751	397 290	425 269	443 757	369 435	343 953	329 109	341 458	320 908	244 024
Debtors	10 489	8 048	13 661	19 310	16 967	16 476	16 313	12 239	10 675	11 287	18 139	36 447
Net Assets Liabilities					858 718	869 463	825 901	794 786	787 460	794 574	763 866	387 866
Net Assets Liabilities Including Pension Asset Liability	523 566	567 744	626 507	650 099	858 718
Other Debtors					5 362	2 747	1 302	1 570	2 467	1 882	792	11 990
Property Plant Equipment					552 228	546 227	556 399	548 255	558 894	541 370	535 294
Stocks Inventory	187 433	187 402	192 697	205 733	216 673
Tangible Fixed Assets	388 243	380 557	373 623	380 421	552 228
Total Inventories					216 673	202 551	184 259	168 275	156 009	149 920	143 850	96 721

Capital & Reserves
Called Up Share Capital	13 661	13 661	13 661	13 661	13 661
Profit Loss Account Reserve	509 905	554 083	612 846	636 438	668 597
Shareholder Funds	523 566	567 744	626 507	650 099	858 718

Other Financial Data
Accruals Deferred Income	41 613	44 113	44 113	44 113	44 113
Accrued Liabilities					5 284	4 738	6 136	5 550	4 950	4 950	4 950	2 675
Accrued Liabilities Not Expressed Within Creditors Subtotal					44 113	44 113	44 113	44 113	44 113	44 113	44 113
Accumulated Depreciation Impairment Property Plant Equipment					201 367	208 079	204 603	212 747	222 100	229 624	235 700	119 034
Administrative Expenses		193 337	206 591
Average Number Employees During Period						18	18	18	18	18	18	18
Corporation Tax Due Within One Year		20 631	24 246
Corporation Tax Payable					19 027	13 136	1 016	2 654	3 490	8 146	396	3 911
Cost Sales		435 789	465 192
Creditors					72 466	75 407	53 177	49 814	51 345	40 840	46 367	32 567
Creditors Due Within One Year	68 118	90 408	95 955	80 368	72 466
Debtors Due Within One Year		8 048	13 661
Depreciation Tangible Fixed Assets Expense		9 353	7 545
Disposals Decrease In Depreciation Impairment Property Plant Equipment							13 949					121 297
Disposals Property Plant Equipment							24 128			10 000		351 225
Fixed Assets	393 043	385 357	378 423	385 221	557 028	551 027	561 199	553 055	563 694	546 170	540 094	184 753
Gross Profit Loss		288 927	319 637
Increase From Depreciation Charge For Year Property Plant Equipment						6 712	10 473	8 144	9 353	7 524	6 076	4 631
Investments Fixed Assets	4 800	4 800	4 800	4 800	4 800	4 800	4 800	4 800	4 800	4 800	4 800
Net Current Assets Liabilities	180 182	233 272	297 796	316 922	352 803	368 350	316 258	294 139	277 764	300 618	274 541	211 457
Number Shares Allotted		13 661	13 661	13 661	13 661
Operating Profit Loss		96 790	114 246
Other Creditors							279	1 182	414
Other Creditors Due Within One Year			3 427
Other Interest Receivable Similar Income			1 118
Other Investments Other Than Loans					4 800	4 800	4 800	4 800	4 800	4 800	4 800	-4 800
Other Operating Income		1 200	1 200
Other Taxation Social Security Payable					29 974	25 597	24 737	18 107	19 303	17 635	17 191	5 799
Other Taxation Social Security Within One Year		26 174	29 468
Par Value Share		1	1	1	1
Pension Costs		1 709	1 596
Prepayments Accrued Income					4 767	4 860	4 849	5 018	5 023	4 505	4 572	2 051
Profit Loss For Period		77 433	92 291
Profit Loss On Ordinary Activities Before Tax		96 790	115 364
Property Plant Equipment Gross Cost					753 595	754 306	761 002	761 002	780 994	770 994	507 225	156 000
Provisions Charged Credited To Profit Loss Account During Period		6 772	5 599
Provisions For Liabilities Balance Sheet Subtotal					7 000	5 801	7 443	8 295	9 885	8 101	6 656	8 344
Provisions For Liabilities Charges	8 046	6 772	5 599	7 931	7 000
Revaluation Reserve					176 460
Share Capital Allotted Called Up Paid	13 661	13 661	13 661	13 661	13 661
Tangible Fixed Assets Additions		1 667	611	27 778	3 650
Tangible Fixed Assets Cost Or Valuation	569 853	571 520	572 131	573 485	753 595
Tangible Fixed Assets Depreciation	181 610	190 963	198 508	193 064	201 367
Tangible Fixed Assets Depreciation Charged In Period		9 353	7 545	9 833	8 303
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				15 277
Tangible Fixed Assets Disposals				26 424
Tangible Fixed Assets Increase Decrease From Revaluations					176 460
Tax On Profit Or Loss On Ordinary Activities		19 357	23 073
Total Additions Including From Business Combinations Property Plant Equipment						711	30 824		19 992			14 772
Total Assets Less Current Liabilities	573 225	618 629	676 219	702 143	909 831	919 377	877 457	847 194	841 458	846 788	814 635	396 210
Total Dividend Payment		33 255	33 528
Trade Creditors Trade Payables					17 670	31 915	21 002	22 122	22 971	10 015	23 705	20 182
Trade Creditors Within One Year		30 153	30 654
Trade Debtors Trade Receivables					6 838	8 869	10 162	5 651	3 185	4 900	12 775	22 406
Turnover Gross Operating Revenue		724 716	784 829
U K Current Corporation Tax		20 631	24 246
U K Deferred Tax		-1 274	-1 173
Director Remuneration Benefits Excluding Payments To Third Parties		18 928	19 192