M Suleman And Company Limited in Glasgow, G5 8HS

Description

Data updated on: 01-11-2023

This company is registered in Glasgow registered with number: SC351210. The company was set up in 2008. The office of this firm is situated at 32-36 Stromness Street . The postal code is G5 8HS. The company's Standard Industrial Classification Code is 46900, that means Non-specialised wholesale trade. M Suleman And Company Ltd released its account information for the period up to 2022/12/31. The company's most recent annual confirmation statement was released on 2022/11/13.

From the data we have gathered, this specific business was founded in November 2008 and has so far been steered by five directors, and out of them two (Kashif S. and Saqib S.) are still functioning.

The companies that control this firm are: M Suleman Group Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Glasgow, G5 8HS and was registered as a PSC under the registration number Sc351187.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	1 000	1 000	1 000	1 000	163 313	1 000	1 000
Current Assets	4 672 001	5 547 345	3 874 039	4 136 903	4 245 229	5 148 252	5 299 908
Debtors	1 571 617	2 079 787	818 007	1 060 412	1 128 620	1 069 507	954 121
Net Assets Liabilities	1 351 842	1 653 459	2 052 250	2 179 488	2 723 759	3 232 476	3 357 262
Property Plant Equipment	192 741	209 532	210 494	189 873	169 453	184 281	204 448
Total Inventories	3 099 384	3 466 558	3 055 032	3 075 491	2 953 296	4 077 745	4 344 787

Other Financial Data
Accrued Liabilities Deferred Income	41 171	38 220	11 408	13 438	11 897	14 687	15 393
Accumulated Amortisation Impairment Intangible Assets	1 300 000		1 300 000	1 300 000	1 300 000	1 300 000
Accumulated Depreciation Impairment Property Plant Equipment	54 711	69 788	77 834	99 471	119 891	118 260	114 522
Amounts Owed To Group Undertakings	950 733	437 131	455 328	392 927	329 462	392 828	325 167
Average Number Employees During Period		46	46	48	49	48	52
Bank Borrowings	900 000	1 684 174	492 654	448 589	425 823	378 663	332 085
Bank Borrowings Overdrafts	200 000	175 000	242 654	198 589	175 823	128 663	82 085
Bank Overdrafts	734 016	444 817	255 060	513 099		167 506	507 200
Corporation Tax Payable	119 517	91 555	53 613		108 048	134 936	130 874
Creditors	700 000	1 509 174	442 654	398 589	375 823	328 663	294 307
Fixed Assets	192 741	209 532	210 494	189 873	169 453	184 281	204 448
Increase From Depreciation Charge For Year Property Plant Equipment		15 077		21 637	20 420	19 080	16 972
Intangible Assets Gross Cost	1 300 000		1 300 000	1 300 000	1 300 000	1 300 000
Merchandise	3 099 384	3 466 558	3 055 032	3 075 491	2 953 296	4 077 745	4 344 787
Net Current Assets Liabilities	1 869 888	2 967 664	2 298 653	2 399 465	2 939 394	3 393 492	3 469 533
Other Taxation Social Security Payable	23 174	29 618	16 036	16 788	18 616	21 148	23 732
Prepayments Accrued Income	38 918	25 553	16 809	20 523	27 651	30 806	21 278
Property Plant Equipment Gross Cost	247 452	279 320	288 328	289 344	289 344	302 541	318 970
Provisions	10 787	14 563	14 243	11 261	9 265	16 634	22 412
Provisions For Liabilities Balance Sheet Subtotal	10 787	14 563	14 243	11 261	9 265	16 634	22 412
Total Additions Including From Business Combinations Property Plant Equipment		31 868		1 016		33 908	37 140
Total Assets Less Current Liabilities	2 062 629	3 177 196	2 509 147	2 589 338	3 108 847	3 577 773	3 673 981
Total Borrowings	1 634 016	2 128 991	761 057	961 688	425 823	546 169	858 174
Trade Creditors Trade Payables	439 829	1 044 575	498 606	549 482	577 840	890 479	567 828
Trade Debtors Trade Receivables	972 276	975 811	639 171	715 793	694 310	777 094	776 539
Corporation Tax Recoverable				18 592
Disposals Decrease In Depreciation Impairment Property Plant Equipment						20 711	20 710
Disposals Property Plant Equipment						20 711	20 711
Finance Lease Liabilities Present Value Total			13 343				12 222