Johnston Racing Limited in South Lanarkshire, ML3 6DA

Description

Data updated on: 01-11-2023

Johnston Racing has been operating on the market for thirty seven years. Started under SC106428, the company is considered a Private Limited Company. You can contact the headquarters of this firm during its opening hours at the following location: 29 Brandon Street Hamilton, ML3 6DA South Lanarkshire. Since 2018-06-08 Johnston Racing Limited is no longer under the name Mark Johnston Racing. The firm's SIC code is 93199 and their NACE code stands for Other sports activities. Fri, 31st Dec 2021 is the last time the accounts were filed.

Mark Johnston Racing Ltd is a small-sized vehicle operator with the licence number OB0209258. The firm has one transport operating centre in the country. In their subsidiary in Leyburn on Kirkgate, 5 machines are available.

With three recruitment offers since 2016-03-17, the firm has been a relatively active employer on the job market. On 2017-10-11, it started seeking new employees for a full time Farm Worker post in Leyburn, and on 2016-03-17, for the vacant post of a full time Tractor Driver / General Estate Worker in Leyburn. As of yet, they have searched for employees for the Maintenance and general farm/estate worker positions.

Charlie J., Mark J. and Deirdre J. are listed as company's directors and have been managing the firm since 2021. In order to find professional help with legal documentation, the abovementioned company has been using the skills of Mark J. as a secretary.

Previous company's names
Johnston Racing Limited 2018-06-08
Mark Johnston Racing Limited 1987-09-03

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	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	GBP	GBP
Net Worth	4 721 788	4 940 231	5 164 759

Balance Sheet
Cash Bank In Hand	665 146	378 563	986 538
Cash Bank On Hand				701 454	1 057 344	2 034 649	580 551	1 032 754	1 840 492	2 628 238	2 806 157	2 340 176
Current Assets	1 790 430	1 692 843	2 020 644	2 319 567	2 797 103	5 043 707	1 866 073	2 452 466	3 385 763	4 060 652	4 847 198	4 740 737
Debtors	902 540	802 944	777 962	1 214 686	1 068 427	2 691 970	943 250	1 153 086	1 275 401	1 181 245	1 521 785	1 912 940
Intangible Fixed Assets	2 652	2 652	2 652
Net Assets Liabilities				5 386 350	5 684 850	6 066 881	5 356 692	5 563 103	6 253 775	7 463 623	8 059 488	8 433 025
Net Assets Liabilities Including Pension Asset Liability	4 721 788	4 940 231	5 164 759
Property Plant Equipment				4 184 703	4 128 826	4 700 075	5 614 686	5 708 875	5 552 115	5 866 298	5 848 768	5 671 930
Stocks Inventory	222 744	511 336	256 144
Tangible Fixed Assets	4 134 882	4 316 174	4 350 979
Total Inventories				403 427	671 332	317 088	342 272	266 626	269 870	251 169	519 256	487 621
Other Debtors									69 815

Capital & Reserves
Called Up Share Capital	50 000	50 000	50 000
Profit Loss Account Reserve	4 621 788	4 840 231	5 064 759
Shareholder Funds	4 721 788	4 940 231	5 164 759

Other Financial Data
Audit Fees Expenses	10 000	10 000	10 000	10 000	10 000	10 000	10 000	10 000	10 000	10 000
Company Contributions To Money Purchase Plans Directors								315
Director Remuneration	30 000		52 500	30 000	30 000	30 000	30 000	30 000	30 000	30 000
Dividend Recommended By Directors					513 000	1 000 000
Number Directors Accruing Benefits Under Money Purchase Scheme				2	2	2	2	2	2
Accrued Liabilities				204 731	202 346	201 775	268 622	311 355	279 699	271 926	292 039	239 550
Accumulated Depreciation Impairment Property Plant Equipment				2 255 861	2 481 675	2 731 407	2 879 607	3 198 129	3 655 748	4 060 688	4 424 591	4 780 892
Additional Provisions Increase From New Provisions Recognised					5 338	20 397	35 453	19 033	13 991	-737	32 017	1 584
Administrative Expenses	1 296 983	1 342 332		1 383 939	1 155 768	1 376 908
Applicable Tax Rate				21	20	20	19	19	19	19
Average Number Employees During Period				105	115	115	123	131	134	152	110	133
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	-36 001	-22 618
Capital Commitments					550 000	550 000
Capital Redemption Reserve	50 000	50 000	50 000
Cash Cash Equivalents Cash Flow Value				701 454	1 057 344
Commitments Under Non-cancellable Operating Leases Land Buildings		79 800	79 800
Commitments Under Non-cancellable Operating Leases Other Items		15 540	14 388
Comprehensive Income Expense				576 591	811 500	1 382 031	379 811	706 411	1 290 672	1 619 848	1 185 865	733 537
Corporation Tax Due Within One Year	172 927	167 812	178 965
Corporation Tax Payable				194 109	232 410	369 846	97 044	205 690	187 674	244 041	201 580
Cost Sales	3 687 071	3 978 571		3 902 980	4 046 483	4 378 485
Creditors				985 488	1 103 309	3 518 734	754 239	738 045	645 871	558 454	486 955	1 729 047
Creditors Due Within One Year	1 066 998	940 618	1 082 842
Current Tax For Period				194 109	232 410	369 853	211 164	198 052	278 610	397 301
Debtors Due Within One Year	902 540	802 944	777 962
Decrease Increase In Net Debt During Period	306 974	286 583
Decrease Increase In Net Debt Resulting From Cash Flows	306 974	286 583
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws							6 947
Deferred Tax Liability	139 178	130 820	126 674
Depreciation Amortisation Expense				259 663	274 991	313 513
Depreciation Expense Property Plant Equipment				259 663	274 991	313 514	368 666	447 063	493 744	505 540
Depreciation Tangible Fixed Assets Expense	261 308	243 657	292 523
Disposals Decrease In Depreciation Impairment Property Plant Equipment					49 177	63 782	220 466	128 541	36 125	100 600	124 412	90 535
Disposals Property Plant Equipment					70 352	109 889	220 466	177 788	36 125	100 600	133 540	90 535
Dividend Per Share Interim					10	20
Dividends Paid				355 000	513 000	1 000 000	1 090 000	500 000	600 000	410 000	590 000	360 000
Dividends Paid Classified As Financing Activities				-355 000	-513 000	-1 000 000
Dividends Paid On Shares Interim				355 000	513 000	1 000 000	1 090 000	500 000	600 000	410 000
Expenses Not Deductible For Tax Purposes	5 706	11 816
Finished Goods				403 427	671 332	317 088	342 272	266 626	269 870	251 169	519 256	487 621
Finished Goods Goods For Resale	222 744	511 336	256 144
Fixed Assets	4 137 534	4 318 826	4 353 631	4 187 355	4 131 478	4 702 727	5 617 340	5 711 529	5 554 769	5 868 952	5 851 422	5 674 584
Foreign Exchange Gain Loss Recognised In Profit Loss	603	-463
Future Minimum Lease Payments Under Non-cancellable Operating Leases					89 040	76 740	94 800	141 183	156 900	156 900	139 200	151 200
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				6 777	-397	14 156	19 644	-38 809	4 177	16 436
Gain Loss From Disposal Fixed Assets		29 335
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				7 665	78 854	1 665 255
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-436 724	146 259	-1 623 542
Gain Loss On Disposal Assets Income Statement Subtotal				10 128	8 125	8 610
Gain Loss On Disposals Property Plant Equipment				10 128	8 125	8 610	39 867	42 553	19 000	46 135
Gross Profit Loss	1 837 167	1 918 341		2 152 909	2 198 454	3 143 489
Income Taxes Paid Refund Classified As Operating Activities				-174 703	-194 067	-232 417
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				-285 084	355 890	977 305
Increase Decrease In Current Tax From Adjustment For Prior Periods				-556	-6 474		-12 134		7 653
Increase Decrease In Net Cash For Period	306 974	-286 583
Increase Decrease In Stocks Inventories Finished Goods Work In Progress				147 283	267 905	-354 244
Increase From Depreciation Charge For Year Property Plant Equipment					274 991	313 514	368 666	447 063	493 744	505 540	488 315	446 836
Intangible Assets				2 652	2 652	2 652	2 652	2 652	2 652	2 652	2 652	2 652
Intangible Assets Gross Cost				2 652	2 652	2 652	2 652	2 652	2 652	2 652	2 652
Intangible Fixed Assets Cost Or Valuation	2 652	2 652
Interest Expense On Loan Capital							12 275	46 339	43 976	35 981
Investments Fixed Assets							2	2	2	2	2	2
Investments In Group Undertakings							2	2	2	2	2	2
Land Buildings Operating Leases Expiring Between Two Five Years	53 400	79 800	74 400
Land Buildings Operating Leases Expiring Within One Year			5 400
Loans From Directors Within One Year	98 706	517	120 194
Net Assets Liabilities Subsidiaries							-456 346	-423 641	-263 516	-116 941	37 084	129 696
Net Cash Flows From Used In Financing Activities				475 163	512 334	387 266
Net Cash Flows From Used In Investing Activities				77 381	204 469	870 453
Net Cash Flows From Used In Operating Activities				-267 460	-1 072 693	-2 235 024
Net Cash Generated From Operations				-442 163	-1 266 760	-2 467 441
Net Current Assets Liabilities	723 432	752 225	937 802	1 334 079	1 693 794	1 524 973	680 952	796 013	1 565 262	2 372 773	2 946 686	3 011 690
Net Debt Funds	665 146	378 563	986 538
Net Increase Decrease In Shareholders Funds	151 665	218 443
Net Interest Received Paid Classified As Investing Activities				-5 878	-6 520	-5 700
Number Shares Allotted		50 000	50 000
Number Shares Issued Fully Paid					50 000	50 000	50 000	50 000	50 000	50 000	50 000	50 000
Operating Profit Loss	540 184	576 009		768 970	1 042 686	1 766 581
Other Creditors				19 615	14 478	535 711	36 762	53 797	41 026	25 181	21 638	29 141
Other Creditors Due Within One Year	14 277	17 195	14 533
Other Deferred Tax Expense Credit				8 410	5 338	20 397	35 453	19 033	13 991	-737
Other Differences Leading To An Increase Decrease In Tax Charge	-12 545	-8 797
Other Interest Receivable Similar Income	2 324	4 296
Other Interest Receivable Similar Income Finance Income				5 878	6 520	5 700
Other Operating Leases Expiring Between Two Five Years	15 540	15 540
Other Operating Leases Expiring Within One Year		15 540	14 388
Other Remaining Borrowings							56 789	738 045	645 871	68 716	76 750	544 668
Other Taxation Social Security Payable				60 271	45 732	50 633	50 060	55 222	62 953	50 437	57 254	45 578
Other Taxation Social Security Within One Year	204 961	147 691	203 538
Par Value Share		1	1		1	1
Pension Costs	75 860	33 440
Pension Other Post-employment Benefit Costs Other Pension Costs				25 619	12 708	13 932	14 835	28 732	54 522	53 161
Percentage Class Share Held In Subsidiary							100	100	100	100	100	100
Prepayments Accrued Income				64 907	73 145	84 640	110 346	90 042	14 316	101 768	258 209	49 179
Proceeds From Sales Property Plant Equipment				-14 600	-29 300	-54 717
Profit Loss				576 591	811 500	1 382 031	379 811	673 706	1 290 672	1 619 848	1 185 865	733 537
Profit Loss For Period	391 102	420 851
Profit Loss On Ordinary Activities Before Tax	542 508	580 305		774 848	1 049 206	1 772 281	1 070 636	890 791	1 430 801	1 869 838
Profit Loss Subsidiaries							456 344	-32 705	-160 125	-146 575	-154 025	-92 612
Property Plant Equipment Gross Cost				6 440 564	6 610 501	7 431 482	8 494 293	8 907 004	9 207 863	9 926 986	10 273 359	10 452 822
Provisions				135 084	140 422	160 819	187 361	206 394	220 385	219 648	251 665	253 249
Provisions Additional Amounts Provided		-8 358	-4 146
Provisions For Liabilities Balance Sheet Subtotal				135 084	140 422	160 819	187 361	206 394	220 385	219 648	251 665	253 249
Provisions For Liabilities Charges	139 178	130 820	126 674
Purchase Property Plant Equipment				-97 859	-240 289	-930 870
Share Capital Allotted Called Up Paid	50 000	50 000	50 000
Social Security Costs	156 404	155 755		163 995	160 663	177 093	187 512	211 784	223 409	226 581
Staff Costs	2 067 285	2 138 619
Staff Costs Employee Benefits Expense				2 250 024	2 189 444	2 436 250	2 534 730	2 833 546	3 184 197	3 092 520
Standard Nominal Tax Rate	27	25
Tangible Fixed Assets Additions		71 372	13 450
Tangible Fixed Assets Cost Or Valuation	5 733 797	6 070 822	6 394 650
Tangible Fixed Assets Depreciation	1 598 915	1 754 648	2 043 671
Tangible Fixed Assets Depreciation Charged In Period		49 572	43 571
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		24 564	3 500
Tangible Fixed Assets Disposals		39 429	3 500
Taxation Expense Credit	298 816	172 927
Tax Expense Credit Applicable Tax Rate				162 718	209 841	354 456	203 421	169 250	271 852	355 269
Tax Increase Decrease From Effect Capital Allowances Depreciation						18 953	18 999	18 555	18 318	36 383
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings				-2 199	-216
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				33 741	31 723	16 841	17 250	29 280	2 431	4 912
Tax Increase Decrease From Other Short-term Timing Differences				4 553	2 832
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	143 765	142 175
Tax On Profit Or Loss On Ordinary Activities	151 406	159 454
Tax Tax Credit On Profit Or Loss On Ordinary Activities				198 257	237 706	390 250	234 483	217 085	300 254	396 564
Total Additions Including From Business Combinations Property Plant Equipment					240 289	930 870	1 283 277	590 499	336 984	819 723	479 913	269 998
Total Assets Less Current Liabilities	4 860 966	5 071 051	5 291 433	5 521 434	5 825 272	6 227 700	6 298 292	6 507 542	7 120 031	8 241 725	8 798 108	8 686 274
Total Current Tax Expense Credit				189 847	232 368	369 853	207 941	198 052	286 263	397 301
Total Deferred Tax Expense Credit						20 397	26 542	19 033
Total Dividend Payment	239 437	202 408
Total Operating Lease Payments				19 494	20 894	6 320	5 748	6 655	7 712	4 425
Total Reserves	4 671 788	4 890 231	5 114 759
Total U K Foreign Current Tax After Adjustments Relief	172 927	167 812
Trade Creditors Trade Payables				321 934	376 198	1 421 053	530 696	561 817	834 143	495 978	641 517	545 143
Trade Creditors Within One Year	409 837	405 192	334 347
Trade Debtors Trade Receivables				1 149 779	995 282	2 607 330	832 904	1 063 044	1 191 270	1 053 188	1 063 576	1 465 892
Turnover Gross Operating Revenue	5 524 238	5 896 912
Turnover Revenue				6 055 889	6 244 937	7 521 974
U K Current Corporation Tax	172 927	167 812
U K Deferred Tax	-21 521	-8 358
Wages Salaries	1 835 021	1 949 424		2 060 410	2 016 073	2 245 225	2 332 383	2 593 030	2 906 266	2 812 778
Amounts Owed By Group Undertakings									69 815	26 289	200 000	272 639
Company Contributions To Money Purchase Schemes Directors	40 000
Corporation Tax Recoverable												125 230

Company staff

Mark J.

Role: Secretary

Latest update: 28 March 2024

Charlie J.

Role: Director

Appointed: 24 May 2021

Latest update: 28 March 2024

Mark J.

Role: Director

Appointed: 06 February 1990

Latest update: 28 March 2024

Deirdre J.

Role: Director

Appointed: 17 February 1988

Latest update: 28 March 2024

People with significant control

Executives with significant control over the firm are: Mark J. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Deirdre J. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Mark J.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Deirdre J.

Notified on 6 April 2016

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	31 December 2023
Account last made up date	31 December 2021
Confirmation statement next due date	20 February 2024
Confirmation statement last made up date	06 February 2023

Annual Accounts 25 September 2014
Start Date For Period Covered By Report	01 January 2013
End Date For Period Covered By Report	31 December 2013
Date Approval Accounts	25 September 2014
Annual Accounts
Start Date For Period Covered By Report	01 January 2015
End Date For Period Covered By Report	31 December 2015
Annual Accounts
Start Date For Period Covered By Report	01 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2017
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022
Annual Accounts 27 September 2013
End Date For Period Covered By Report	31 December 2012
Date Approval Accounts	27 September 2013

Farm Worker in Leyburn, posted on Wednesday 11th October 2017
Region / City	Yorkshire, Leyburn
Industry	Forestry, Fishing and Agrarian services
Experience	at least one year
Job type	full time
Job contact info	Michael Flory
Job reference code	Farm02


Maintenance and general farm/estate worker in Leyburn, posted on Thursday 20th July 2017
Region / City	Yorkshire, Leyburn
Industry	Fishing industry, Forestry and Agriculture
Experience	at least one year
Job type	full time
Career level	experienced (non-managerial)
Job contact info	Michael Flory
Job reference code	Maint01


Tractor Driver / General Estate Worker in Leyburn, posted on Thursday 17th March 2016
Region / City	Yorkshire, Leyburn
Industry	sports and recreation industry
Job type	full time
Job reference code	TD01

Johnston Racing Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Mark J.

Charlie J.

Mark J.

Deirdre J.

Brian P.

Valerie P.

People with significant control

Mark J.

Deirdre J.

Accounts Documents

Company Vehicle Operator Data

Kingsley House

Address

City

Postal code

No. of Vehicles

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