Mccolgans Quality Foods Limited in Strabane,, BT82 9EA

Description

Data updated on: 01-11-2023

Registered as NI012744 fourty six years ago, Mccolgans Quality Foods Limited was set up as a Private Limited Company. The actual mailing address is Strathmore Drive, Dublin Road Industrial Estate Strabane,. The company's declared SIC number is 10890 and their NACE code stands for Manufacture of other food products n.e.c.. Mccolgans Quality Foods Ltd released its latest accounts for the financial year up to 2022-03-31. The most recent confirmation statement was submitted on 2022-10-26.

Mccolgans Quality Foods Ltd is a medium-sized vehicle operator with the licence number ON1126636. The firm has two transport operating centres in the country. In their subsidiary in Lisburn on Blaris Industrial Estate, 2 machines are available. The centre in Strabane on Dublin Road has 7 machines and 6 trailers.

For the following company, a variety of director's duties have been carried out by William M. and Grainne H.. As for these two executives, Grainne H. has managed company for the longest time, having been a member of directors' team since January 2016.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	564 042	315 383	164 968	198 739	1 310 709	1 547 592	1 733 712	661 458
Current Assets	4 255 963	3 979 011	4 192 882	4 504 366	5 953 583	6 758 213	12 452 390	11 765 070
Debtors	337 856	2 960 102	3 355 634	3 468 837	3 605 393	4 208 169	9 310 418	9 921 618
Net Assets Liabilities	5 967 384	7 206 428	8 098 920	8 909 598	9 819 335	10 686 251	11 430 404	9 870 905
Other Debtors	292 537	120 456	148 463	141 324	129 578	127 334	143 573	162 630
Property Plant Equipment	8 700 403	9 734 048	9 493 520	9 742 878	8 990 857	8 830 092	8 427 009	7 906 198
Total Inventories	590 712	703 526	672 280	836 790	1 037 481	1 002 452	1 408 260

Other Financial Data
Audit Fees Expenses	20 300	24 000	17 500	18 000	18 000	18 000	19 000	23 847
Accrued Liabilities Deferred Income	1 314 509	1 203 944	954 732	979 538	971 933	1 104 593	969 523	1 010 619
Accrued Liabilities Not Expressed Within Creditors Subtotal	1 355 441	1 243 452	1 138 240	1 041 787	952 780	871 460	823 769	750 883
Accumulated Depreciation Impairment Property Plant Equipment	8 441 376	9 356 882	10 181 567	11 081 280	11 927 909	12 566 202	13 322 850	14 095 745
Additions Other Than Through Business Combinations Property Plant Equipment		1 973 996	669 229	1 162 908	134 417	672 665	403 200	260 430
Administrative Expenses	3 927 154	4 439 140	4 897 310	5 255 569	5 507 986	5 948 754	5 972 034	6 116 551
Amounts Owed By Group Undertakings		151 141	151 141	151 141	193 696	447 961	6 105 006	6 130 141
Average Number Employees During Period	245	249	272	285	316	347	346	344
Bank Borrowings	1 077 696	981 478	880 796	774 859	665 524	549 110	5 518 401	4 732 964
Bank Borrowings Overdrafts	986 870	882 566	779 737	667 588	551 048	430 894	4 703 590	3 939 608
Banking Arrangements Classified As Cash Cash Equivalents			-44 147	-275 172	-13			-133 507
Bank Overdrafts	321 907	374 100	44 147	275 172	13			133 507
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	327 839	385 851	283 672	241 121	204 953	135 216
Cash Cash Equivalents Cash Flow Value		-58 717	120 821	-76 433	1 310 696	1 547 592	1 733 712	527 951
Corporation Tax Payable	146 601	203 201	222 784	166 528	259 867	121 799
Corporation Tax Recoverable						221 679
Cost Inventories Recognised As Expense Gross	7 108 139	8 024 066	8 680 184
Cost Sales	10 109 838	11 500 621	12 430 119	13 815 831	15 254 768	14 241 625	15 239 764	19 833 649
Creditors	1 649 295	1 213 018	1 001 124	756 315	561 923	430 894	4 703 590	3 939 608
Current Tax For Period	146 601	203 201	222 784	166 528	259 867	121 799
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit	84 200	57 560	7 790	48 450	-9 500	71 250	22 610	161 140
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	84 200	57 560	7 790	48 450	-9 500	71 250	22 610	161 140
Depreciation Expense Property Plant Equipment	68 889	102 664	65 612	66 551	60 168	30 862
Depreciation Impairment Expense Property Plant Equipment			905 428	913 550	886 438	828 430	802 021	780 929
Distribution Costs	1 094 613	1 090 403	1 201 079	1 343 568	1 454 823	1 458 374	1 653 526	2 079 860
Dividends Paid								135 000
Dividends Paid Classified As Financing Activities								-135 000
Dividends Paid On Shares Final								135 000
Finance Lease Liabilities Present Value Total	61 134	239 024	187 703	88 727	10 875	10 875
Finance Lease Payments Owing Minimum Gross	118 606	333 019	294 823	187 702	88 727	10 875
Finished Goods Goods For Resale	16 792	22 500	18 391	21 442	19 700	26 121	43 494	33 465
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	-964 733	96 218	100 682	105 937	109 335	116 414	-5 702 447	785 437
Further Item Tax Increase Decrease Component Adjusting Items				-4 084		-221 679	-587 572	-187 985
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	100 859	65 355	63 012	-29 274	13 547	-42 454	7 481	32 884
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			-35 265	105 800	-309 780	-119 366	264 595	-915 044
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			395 532	113 203	136 556	377 427	5 327 598	611 200
Gain Loss In Cash Flows From Change In Inventories			-31 246	164 510	200 691	-35 029	405 808	-226 266
Gain Loss On Disposals Property Plant Equipment	6 377	3 571	4 351		3 333	19 000	-3 113
Government Grant Income	14 884	12 541		1 250	1 441	750	76 788
Gross Profit Loss	6 539 196	7 103 426	7 289 944	7 679 944	8 172 187	8 292 955	7 869 241
Income Taxes Paid Refund Classified As Operating Activities	-140 385	-146 601	-203 201	-218 700	-166 528	-259 867	687 452	187 985
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-179 538	197 254	-1 387 129	-236 896	-186 120	1 205 761
Increase Decrease In Current Tax From Adjustment For Prior Periods	-156 448			-4 084		328	-587 572	-187 985
Increase From Depreciation Charge For Year Property Plant Equipment		937 083	905 428	913 550	886 438	828 430	802 021	780 929
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	50 618	61 275	55 563	50 681	44 725	39 527	141 124
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	13 318	15 899	13 642	12 811	12 034	10 425	1 631
Interest Income On Bank Deposits	8	21	6	7	3 044	1 661	86
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	8	21	6	7	3 044	1 661	86
Interest Payable Similar Charges Finance Costs	76 402	89 640	71 495	63 492	56 759	49 952	142 755	247 090
Interest Received Classified As Investing Activities	-8	-21	-6	-7	-3 044	-1 661	-1 477
Key Management Personnel Compensation Total			1 043 605	1 043 348	1 044 630
Net Cash Flows From Used In Financing Activities			546 622	270 802	241 994	194 266	-4 958 416	920 437
Net Cash Flows From Used In Investing Activities			660 543	1 162 901	128 040	650 674	396 904	259 285
Net Cash Flows From Used In Operating Activities			-1 386 703	-1 236 449	-1 757 163	-1 081 836	4 375 392	26 039
Net Cash Generated From Operations	-3 536 780	-1 944 193	-1 661 399	-1 518 641	-1 980 450
Net Current Assets Liabilities	632 917	347 610	1 171 314	1 439 822	2 808 681	3 695 263	9 090 114	7 375 698
Net Finance Income Costs	8	21	6	7	3 044	1 661	1 477
Net Interest Paid Received Classified As Operating Activities	-76 402	-89 640	-71 495	-63 492	-56 759	-49 952	-142 755	-247 090
Number Shares Issued Fully Paid		350 000	350 000
Operating Profit Loss	1 534 313	1 589 424	1 194 555	1 085 057	1 213 819	886 577	320 469
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		21 577	80 742	13 837	39 809	190 137	45 373	8 033
Other Disposals Property Plant Equipment		24 845	85 071	13 837	39 809	195 137	49 635	8 345
Other Interest Expense			2 290
Other Interest Income							1 391
Other Interest Receivable Similar Income Finance Income	8	21	6	7	3 044	1 661	1 477
Other Operating Income Format1	16 884	15 541	3 000	4 250	4 441	750	76 788	33 283
Other Remaining Borrowings	601 291	91 428	91 428	33 684
Other Taxation Social Security Payable	83 121	105 105	115 781	128 784	121 979	118 536	98 469	119 369
Par Value Share		1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-80 318	214 413	-38 196	-107 121	-98 975	-77 852	-10 875
Prepayments Accrued Income	30 246	30 658	29 424	36 514	51 280	70 502	65 355	90 716
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments						3 670	-3 670
Proceeds From Sales Property Plant Equipment	-13 000	-6 839	-8 680		-3 333	-24 000	-1 149	-1 145
Profit Loss	1 383 644	1 239 044	892 492	810 678	909 737	866 916	744 153	-1 424 499
Profit Loss On Ordinary Activities Before Tax	1 457 919	1 499 805	1 123 066	1 021 572	1 160 104	838 286	179 191	-1 451 344
Property Plant Equipment Gross Cost	17 141 779	19 090 930	19 675 088	20 824 158	20 918 766	21 396 294	21 749 858	22 001 943
Provisions For Liabilities Balance Sheet Subtotal	361 200	418 760	426 550	475 000	465 500
Purchase Property Plant Equipment	-4 261 005	-1 973 996	-669 229	-1 162 908	-134 417	-672 665	-403 200	-260 430
Raw Materials Consumables	327 063	391 965	396 186	515 018	670 603	581 370	744 697
Repayments Borrowings Classified As Financing Activities	206 916	-159 863
Taxation Including Deferred Taxation Balance Sheet Subtotal	361 200	418 760	426 550	475 000	465 500	536 750	559 360	720 500
Tax Expense Credit Applicable Tax Rate			213 383	194 099	220 420	159 274	34 046	-275 755
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-86 399	-99 942					-25 580
Tax Increase Decrease From Effect Capital Allowances Depreciation	-60 174	1 650	7 909	-34 235	37 652	-51 228	-16 090	20 654
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 512	1 532	1 492	6 664	1 795	13 425	7 624	426
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward								254 675
Tax Tax Credit On Profit Or Loss On Ordinary Activities	74 275	260 761	230 574	210 894	250 367	-28 630	-564 962	-26 845
Total Assets Less Current Liabilities	9 333 320	10 081 658	10 664 834	11 182 700	11 799 538	12 525 355	17 517 123	15 281 896
Total Borrowings	1 588 161	973 994	1 016 371	1 083 715	665 537	549 110	5 518 401	4 866 471
Total Current Tax Expense Credit	-9 925	203 201	222 784	162 444	259 867	-99 880	-587 572
Trade Creditors Trade Payables	1 550 866	1 144 400	1 418 201	1 274 592	1 598 782	1 588 931	1 479 473	2 332 521
Trade Debtors Trade Receivables	2 778 426	2 657 847	3 026 606	3 139 858	3 230 839	3 340 693	2 996 484	3 538 131
Turnover Revenue	16 649 034	18 604 047	19 720 063	21 495 775	23 426 955	22 534 580	23 109 005
Work In Progress	246 857	289 061	257 703	300 330	347 178	394 961	620 069
Company Contributions To Defined Benefit Plans Directors	147 134	137 300	119 352	90 605	66 413	84 632	70 479
Director Remuneration					978 218	804 751	527 996	356 392
Director Remuneration Benefits Including Payments To Third Parties			1 043 800	1 043 348	1 044 631	919 383	598 575	408 644
Further Item Director Remuneration Benefits Component Total Director Remuneration Benefits Excluding Payments To Third Parties						30 000	100

Company staff

William M.

Role: Secretary

Appointed: 09 November 2021

Latest update: 19 January 2024

William M.

Role: Director

Appointed: 23 July 2021

Latest update: 19 January 2024

The companies with significant control over this firm are as follows: W.J. Mccolgan & Co Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Strabane at Dublin Road Industrial Estate, BT82 9EA, Co Tyrone and was registered as a PSC under the reg no Ni010195.

W.J. Mccolgan & Co Limited

Address: Strathmore Drive Dublin Road Industrial Estate, Strabane, Co Tyrone, BT82 9EA, Northern Ireland

Legal authority Companies Act 2006

Legal form Company Limited By Shares

Country registered Northern Ireland

Place registered Companies House

Registration number Ni010195

Notified on 26 October 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	09 November 2023
Confirmation statement last made up date	26 October 2022

Annual Accounts
Start Date For Period Covered By Report	2016-04-01
End Date For Period Covered By Report	2017-03-31
Annual Accounts
Start Date For Period Covered By Report	2017-04-01
End Date For Period Covered By Report	2018-03-31
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	2019-03-31
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Mccolgans Quality Foods Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

William M.

William M.

Grainne H.

Roy W.

Paul C.

William M.

Gerry L.

Bernard M.

Patrick M.

Patrick M.

Margaret M.

People with significant control

W.J. Mccolgan & Co Limited

Accounts Documents

Company Vehicle Operator Data

Unit 5

Address

City

Postal code

No. of Vehicles

Dublin Road Industrial Estate

Address

City

Postal code

No. of Vehicles

No. of Trailers

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