Maynes Coaches Limited in Banffshire, AB56 4BU

Description

Data updated on: 01-11-2023

Maynes Coaches Limited with the registration number SC264683 has been on the market for twenty years. This particular Private Limited Company is officially located at Cluny Garage, 4 March Road West, Buckie in Banffshire and company's area code is AB56 4BU. The company's declared SIC number is 49319 which means Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar). The most recent financial reports cover the period up to 2022/12/31 and the most recent annual confirmation statement was released on 2023/02/27.

Maynes Coaches Ltd is a large-sized transport company with the licence number PM1033727. The firm has three transport operating centres in the country. In their subsidiary in Buckie , 30 machines are available. The centre in Elgin has 30 machines, and the centre in St Margarets Hope on Industrial Estate is equipped with 30 machines.

In order to satisfy its client base, the business is consistently supervised by a number of two directors who are David M. and Kevin M.. Their joint efforts have been of extreme use to the following business since 2004. In order to support the directors in their duties, this business has been utilizing the expertise of David M. as a secretary since March 2004.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
Currency	GBP	GBP	GBP	GBP	GBP

Balance Sheet
Cash Bank On Hand	109 544	665 312	603 476	535 166	861 013
Current Assets	526 417	908 319
Debtors	391 998	228 132	500 206	469 915	680 415
Net Assets Liabilities	3 433 991	2 835 916	2 627 554	2 751 318	3 772 970
Other Debtors	289 017	182 928	220 281	129 534	242 168
Property Plant Equipment	5 642 995	5 029 620	4 658 795	3 968 419	4 332 591
Total Inventories	24 875	14 875	15 750	17 325	17 525

Other Financial Data
Accrued Liabilities Deferred Income	22 867	29 443
Accumulated Depreciation Impairment Property Plant Equipment	1 811 536	2 356 893	2 704 134	2 314 131	1 702 441
Additions Other Than Through Business Combinations Property Plant Equipment		90 982
Amounts Owed By Other Related Parties Other Than Directors		44 121	112 287	157 495	162 602
Average Number Employees During Period	59	48	47	47	61
Bank Borrowings Overdrafts		450 000	352 500	37 500
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	51 428	41 142
Corporation Tax Payable			32 441	116 977
Corporation Tax Recoverable			32 441	32 441	67 281
Creditors	1 258 866	1 618 505	1 324 330	545 447	508 569
Depreciation Rate Used For Property Plant Equipment			33	33	33
Disposals Decrease In Depreciation Impairment Property Plant Equipment			-210 069	-842 193	-1 057 632
Disposals Property Plant Equipment			-640 030	-1 615 580	-2 266 263
Finance Lease Liabilities Present Value Total	1 258 866	1 168 505	971 830	507 947	508 569
Future Minimum Lease Payments Under Non-cancellable Operating Leases	84 000	42 000	42 000	42 000	42 000
Increase From Depreciation Charge For Year Property Plant Equipment		586 348	557 310	452 190	445 942
Investment Property					173 574
Investments Fixed Assets			100	100	100
Investments In Subsidiaries			100	100	100
Net Current Assets Liabilities	-317 797	107 084
Nominal Value Allotted Share Capital		10 002	10 002	10 002	10 002
Number Shares Issued Fully Paid			10 002	10 002	10 002
Other Creditors	13 040	86 485	127 758	66 338	138 200
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		40 991
Other Disposals Property Plant Equipment		159 000
Other Provisions Balance Sheet Subtotal		682 283	908 136	871 499	955 407
Other Taxation Payable		14 694	14 982	141 990	242 677
Other Taxation Social Security Payable	20 558	14 694
Par Value Share			1	1	1
Property Plant Equipment Gross Cost	7 454 531	7 386 513	7 362 929	6 282 550	6 035 032
Provisions				871 499	955 407
Taxation Including Deferred Taxation Balance Sheet Subtotal	632 341	682 283
Total Additions Including From Business Combinations Property Plant Equipment			616 446	535 201	2 018 745
Total Assets Less Current Liabilities	5 325 198	5 136 704
Trade Creditors Trade Payables	55 499	32 913	53 141	71 614	84 785
Trade Debtors Trade Receivables	102 981	45 204	135 197	150 445	208 364

Company staff

David M.

Role: Secretary

Appointed: 09 March 2004

Latest update: 23 February 2024

David M.

Role: Director

Appointed: 09 March 2004

Latest update: 23 February 2024

Kevin M.

Role: Director

Appointed: 09 March 2004

Latest update: 23 February 2024

People with significant control

Executives who control the firm include: David M. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Kevin M. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

David M.

Notified on 29 July 2020

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Kevin M.

Notified on 29 July 2020

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Gordon M.

Notified on 29 July 2020

Ceased on 29 July 2020

Nature of control:

over 1/2 to 3/4 of shares

Gordon M.

Notified on 6 April 2016

Ceased on 29 July 2020

Nature of control:

over 1/2 to 3/4 of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	12 March 2024
Confirmation statement last made up date	27 February 2023

Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	01/01/2021
End Date For Period Covered By Report	31/12/2021
Annual Accounts
Start Date For Period Covered By Report	01/01/2022
End Date For Period Covered By Report	31/12/2022
Annual Accounts
Start Date For Period Covered By Report	01/01/2023
End Date For Period Covered By Report	31/12/2023

Maynes Coaches Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

David M.

David M.

Kevin M.

Gordon M.

Sandra M.

People with significant control

David M.

Kevin M.

Gordon M.

Gordon M.

Accounts Documents

Company Vehicle Operator Data

March Road Industrial Estate

City

Postal code

No. of Vehicles

Linkwood Industrial Estate

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No. of Vehicles

Garage

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