Martin Aitken & Co Ltd in Glasgow, G41 1HJ

Description

Data updated on: 01-11-2023

This Martin Aitken & Co Ltd company has been offering its services for 23 years, having started in 2001. Started with Companies House Reg No. SC225765, Martin Aitken & is a Private Limited Company located in Caledonia House, Glasgow G41 1HJ. It started under the name Maco Group, but for the last thirteen years has operated under the name Martin Aitken & Co Ltd. This company's Standard Industrial Classification Code is 69201, that means Accounting and auditing activities. The business latest filed accounts documents cover the period up to 31st December 2022 and the latest annual confirmation statement was released on 24th November 2022.

Within the following company, many of director's responsibilities up till now have been done by Colette C., Robert A., Gavin C. and 8 other directors have been described below. Out of these eleven managers, Ewen D. has carried on with the company for the longest time, having been a member of company's Management Board since August 2011. To support the directors in their duties, this company has been utilizing the skillset of Ewen D. as a secretary since 2011.

Previous company's names
Martin Aitken & Co Ltd 2011-09-21
Maco Group Limited 2001-11-28

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	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
Net Worth	2	2

Balance Sheet
Cash Bank On Hand			110 746	269 551	133 798	89 786	67 909	247 978	251 236	365 773
Current Assets			1 339 967	1 522 929	1 670 780	1 694 509	1 660 457	1 686 592	1 718 045	2 024 388
Debtors			643 643	679 700	952 914	1 018 281	1 024 981	1 030 253	1 219 164	1 329 861
Net Assets Liabilities			930 906	1 323 956	1 625 642	1 713 752	1 629 648	1 875 501	2 059 798	2 142 788
Other Debtors			146 124	151 390	146 099	118 476	111 363	96 202	124 800	122 746
Property Plant Equipment			1 824 998	1 775 125	1 764 135	1 729 116	1 237 253	1 210 231	1 324 832	1 265 212
Total Inventories			585 578	573 678	584 068	586 442	567 567	408 361	247 645	328 754
Net Assets Liabilities Including Pension Asset Liability	2	2

Capital & Reserves
Shareholder Funds	2	2

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets			108 333	158 333	215 023	303 615	374 800	455 494	536 187	620 630
Accumulated Depreciation Impairment Property Plant Equipment			442 952	458 140	358 907	393 926	262 560	289 579	333 078	155 672
Administrative Expenses				1 466 731	1 508 633
Amounts Owed By Group Undertakings			28 185	32 626	86 349		22 064	72 051	214 463
Amounts Owed To Group Undertakings						79 929				685 981
Average Number Employees During Period			34	39	42	52	54	49	48	53
Bank Borrowings			359 220	322 261	496 667	468 710	442 496	475 762	439 932	397 143
Bank Borrowings Overdrafts			322 720	285 761	468 667	440 710	414 495	444 771	406 608	363 819
Bank Overdrafts						151 425	204 796
Comprehensive Income Expense				531 600	554 686
Cost Sales				1 105 532	1 274 382
Creditors			1 888 505	1 699 992	1 924 238	1 504 322	955 823	1 198 030	1 164 075	954 183
Disposals Decrease In Depreciation Impairment Property Plant Equipment				34 685	8 404
Disposals Property Plant Equipment				34 685	8 404
Dividends Paid				138 550	253 000
Finance Lease Liabilities Present Value Total			2 444						15 394	16 074
Fixed Assets			2 726 665	2 626 792	2 942 912	2 823 933	2 179 385	2 195 284	2 229 193	2 810 130
Gross Profit Loss				1 748 728	1 764 787
Income From Shares In Group Undertakings				240 000	280 000
Increase From Amortisation Charge For Year Intangible Assets				50 000	56 690	88 592	71 185	80 694	80 693	84 443
Increase From Depreciation Charge For Year Property Plant Equipment				49 873	41 248	35 019	33 067	27 019	43 499	60 711
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment					-132 077					-238 117
Intangible Assets			891 667	841 667	1 168 777	1 084 817	932 132	851 438	770 746	911 303
Intangible Assets Gross Cost			1 000 000	1 000 000	1 383 800	1 388 432	1 306 932	1 306 933	1 306 933	1 531 933
Interest Payable Similar Charges Finance Costs				15 582	10 906
Investments Fixed Assets			10 000	10 000	10 000	10 000	10 000	133 615	133 615	633 615
Investments In Group Undertakings			10 000	10 000	10 000	10 000	10 000	133 615	133 615	633 615
Net Current Assets Liabilities			92 746	397 156	606 968	394 141	406 086	878 247	1 023 305	307 166
Operating Profit Loss				413 446	387 469
Other Creditors			1 565 785	1 414 231	1 455 571	1 063 612	541 328	606 744	634 416	483 384
Other Interest Receivable Similar Income Finance Income				156	44
Other Operating Income Format1				131 449	131 315
Other Taxation Social Security Payable			293 909	266 638	299 785	341 878	363 379	466 587	359 790	443 901
Profit Loss				531 600	554 686
Profit Loss On Ordinary Activities Before Tax				638 020	656 607
Property Plant Equipment Gross Cost			2 267 950	2 233 265	2 123 042	2 123 042	1 499 811	1 499 810	1 657 910	1 420 884
Tax Tax Credit On Profit Or Loss On Ordinary Activities				106 420	101 921
Total Additions Including From Business Combinations Intangible Assets					383 800	4 632				225 000
Total Additions Including From Business Combinations Property Plant Equipment					30 258		28 292		158 100	1 091
Total Assets Less Current Liabilities			2 819 411	3 023 948	3 549 880	3 218 074	2 585 471	3 073 531	3 252 498	3 117 296
Total Borrowings			361 664	322 261	496 667	620 135	647 292	475 762	578 377	520 197
Trade Creditors Trade Payables			171 938	188 445	160 424	98 437	135 018	99 364	162 891	172 196
Trade Debtors Trade Receivables			469 334	495 684	720 466	899 805	891 554	862 000	794 837	947 173
Turnover Revenue				2 854 260	3 039 169
Amounts Owed By Associates									85 064	259 942
Future Minimum Lease Payments Under Non-cancellable Operating Leases						21 750	26 203	16 956	13 617	37 196
Provisions For Liabilities Balance Sheet Subtotal									28 625	20 325
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment							-164 435
Taxation Social Security Payable								146 515
Total Increase Decrease From Revaluations Property Plant Equipment							-651 523
Called Up Share Capital Not Paid Not Expressed As Current Asset	2	2
Number Shares Allotted		2
Par Value Share		1
Share Capital Allotted Called Up Paid	2	2