Mckeown Fine Foods Limited in Rasharkin, BT44 8RW

Description

Data updated on: 01-11-2023

Mckeown Fine Foods Limited can be found at Rasharkin at Dreen Farm. Anyone can look up this business by referencing its zip code - BT44 8RW. This company has been operating on the UK market for twenty six years. The company is registered under the number NI033660 and company's current status is active. This firm's principal business activity number is 10130 and their NACE code stands for Production of meat and poultry meat products. The company's most recent accounts cover the period up to 2022/06/30 and the most recent annual confirmation statement was submitted on 2023/02/17.

At present, there is only a single managing director in the company: Damian M. (since 1998-02-19). Since 1998-02-19 Arthur M., had been responsible for a variety of tasks within this firm till the resignation in February 2024. Furthermore a different director, including Conor M. quit 9 years ago.

Damian M. is the individual who controls this firm, owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency

Balance Sheet
Cash Bank On Hand	1 447 912	711 271	1 060 062	1 910 080	1 458 683	1 822 014	1 673 311
Current Assets	8 328 697	10 140 045	9 837 994	9 517 593	10 640 058	12 248 385	12 683 070
Debtors	2 509 097	2 351 743	2 249 447	1 228 695	2 349 290	2 865 013	3 271 891
Net Assets Liabilities	8 357 982	9 162 848	9 936 270	9 648 363	10 802 036	12 851 081	15 934 895
Other Debtors	430 839	258 216	80 757	142 524	102 157	116 676	167 287
Property Plant Equipment	2 117 156	2 060 109	1 928 592	1 915 364	3 715 196	3 895 822	6 112 052
Total Inventories	3 133 179	4 975 981	4 353 397	4 130 928	3 174 565	4 151 291	4 226 164

Other Financial Data
Audit Fees Expenses	12 000	12 000	12 000	12 000	11 133	11 000	12 000
Other Non-audit Services Fees	6 000	8 000	4 000	2 250
Accumulated Depreciation Impairment Property Plant Equipment	4 419 974	4 612 318	4 792 282	4 966 671	5 257 086	5 525 159	5 784 942
Additional Provisions Increase From New Provisions Recognised		21 758				264 437	7 667
Additions Other Than Through Business Combinations Property Plant Equipment		135 297	91 861	161 161	2 090 247	470 184	2 670 723
Administration Support Average Number Employees	9	7	9	9	9	8	6
Administrative Expenses	886 045	717 112	890 528	902 377	846 532	807 387	982 981
Amounts Owed By Related Parties	106 377	122 288	101 251		578 355	594 097	704 411
Amounts Owed To Related Parties				53 789	33 179	6 688	19 077
Amount Specific Bank Loan					1 426 003	1 134 209
Applicable Tax Rate	20	19	19	19	19	19	21
Average Number Employees During Period	107	110	116	121	109	101	111
Balances With Banks	1 447 912	711 271	1 060 062	1 910 080	1 458 683	1 822 014	1 673 311
Bank Borrowings					1 134 322	839 156	173 403
Bank Borrowings Overdrafts				-360 302	-292 260
Bank Overdrafts				360 302	292 260
Cash Cash Equivalents Cash Flow Value	871 002	1 447 912	711 271	1 549 778	1 166 423	1 822 014
Comprehensive Income Expense	1 872 523	804 866	797 622	1 210 026	1 316 173	2 169 045	3 083 814
Cost Sales	11 124 393	12 382 235	13 936 740	13 478 454	11 633 607	13 759 184	16 702 023
Creditors	1 217 696	2 263 224	1 176 898	1 285 457	1 134 322	839 156	1 524 083
Current Tax For Period	273 693	173 049	36 147		155 444		128 477
Decrease In Loans Owed By Related Parties Due To Loans Repaid		-3 747	-196 513	-433 124		-187	-191 238
Decrease In Loans Owed To Related Parties Due To Loans Repaid					-216 678	-188 284	-28 377
Deferred Tax Assets				45 370
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit	-28 782	-7 739	-11 423	-14 279	158 283	75 395	443 648
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-28 782	-7 739	-11 423	-59 648	158 283	75 395	443 648
Deferred Tax Liabilities	128 808	114 523	103 100	88 822	201 735	277 130	720 778
Depreciation Amortisation Expense	221 124	192 344	199 712	174 389	290 415	270 510	275 474
Depreciation Expense Property Plant Equipment	221 124	192 344	199 712	174 389	290 415	270 510	275 474
Disposals Decrease In Depreciation Impairment Property Plant Equipment			-19 748			-2 437	-15 691
Disposals Property Plant Equipment			-43 414			-21 485	-194 710
Distribution Costs	49 000	58 847	57 818	58 786	51 771	57 288	68 276
Dividend Per Share Interim			0	4	2	1
Dividends Paid			-24 200	-400 000	-162 500	-120 000
Dividends Paid Classified As Financing Activities			-24 200	-400 000	-162 500	-120 000
Financial Assets		2 101 050
Finished Goods Goods For Resale	90 949	79 011
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities					1 450 000
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-50 918	-20 878	1 844	-120 038	11 645	62 674	-22 417
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	825 410	-157 179	-198 199	-40 485	537 926	32 294	161 984
Gain Loss In Cash Flows From Change In Inventories	-221 462	1 842 802	-622 584	-222 469	-956 363	976 726	74 873
Gain Loss In Cash Flows From Change In Provisions	-105 760	-88 354	-109 241	-94 633	-15 247	212 949	-38 021
Gain Loss On Disposal Investments In Subsidiaries Associates Joint Ventures	-659 088
Gain Loss On Disposals Property Plant Equipment	1 200		-3 666			-7 674	10 358
Gain Loss On Revaluation Other Assets Net Tax In Other Comprehensive Income	132 301	62 541	74 038	27 667	409 630	-247 453	101 637
Government Grant Income	9 164	25 166	12 000	198 577	180 271	45 603
Gross Profit Loss	2 201 459	1 658 463	1 581 942	1 849 494	1 942 702	3 167 897	4 631 617
Income Taxes Paid Refund Classified As Operating Activities	182 248	273 614	114 295	-28 226	12 559	-12 559
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	576 910	-736 641	348 791	489 716	-383 355	655 591	-148 703
Increase Decrease In Current Tax From Adjustment For Prior Periods	-50 514		-87 059	-36 147		-155 444
Increase Decrease In Existing Provisions		-117 851	-120 664	-154 281	143 036	23 907	397 960
Increase Decrease In Loans Owed By Related Parties Attributable To Interest Transactions					1 990	14 116	17 705
Increase From Depreciation Charge For Year Property Plant Equipment		192 344	199 712	174 389	290 415	270 510	275 474
Increase In Loans Owed By Related Parties Due To Loans Advanced		15 910	15 308	300 739	576 366	1 812	283 847
Increase In Loans Owed To Related Parties Due To Loans Advanced				122 209	165 970	123 470	40 766
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	54	1	689	378	6 541	26 492	46 498
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss		964	6 347
Interest Income On Bank Deposits	7	930	6				2 735
Interest Paid Classified As Financing Activities	-54	-965	-7 036	-378	-6 541	-26 492	-46 498
Interest Paid Classified As Operating Activities	54	965	7 036	378	6 541	26 492	46 498
Interest Payable Similar Charges Finance Costs	54	965	7 036	378	6 541	26 492	46 498
Interest Received Classified As Investing Activities	7	930	12	34	2 141	14 116	20 440
Interest Received Classified As Operating Activities	7	930	12	34	2 141	14 116	20 440
Loans Owed By Related Parties	106 378	313 590	132 385		578 356	594 097	704 411
Loans Owed To Related Parties				122 210	71 502	6 688	19 077
Net Cash Flows From Used In Financing Activities	-2 800 054	-965	-31 236	-1 504 978	1 256 961	-438 285	-1 007 304
Net Cash Flows From Used In Investing Activities	2 722 500	-934 367	-71 849	-206 262	-3 088 106	-444 694	-2 460 906
Net Cash Flows From Used In Operating Activities	654 464	198 691	451 876	2 200 956	1 447 790	1 538 570	3 319 507
Net Cash Generated From Operations	836 712	472 305	566 171	2 172 730	1 460 349	1 526 011	3 319 507
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	1 495 502	1 100 014	871 651	1 261 297	1 515 085	2 627 009	3 845 476
Net Current Assets Liabilities	7 111 001	7 876 821	8 661 096	8 232 136	8 863 335	10 724 932	11 158 987
Nominal Value Allotted Share Capital	150 000	150 000	131 667	125 000	125 000	125 000	125 000
Number Shares Issued Fully Paid	150 000	150 000	150 000	125 000	125 000	125 000	125 000
Operating Profit Loss	1 934 666	907 670	668 273	1 086 908	1 224 670	2 348 825	3 580 360
Other Comprehensive Income Expense Net Tax	132 301	62 541	74 038	27 667	409 630	-247 453	101 637
Other Creditors			766		28 911	64 219	34 291
Other Employee Expense	291 376	145 133
Other Finance Income			6	34	2 141	14 116	17 705
Other Interest Receivable Similar Income Finance Income	7	930	12	34	2 141	14 116	20 440
Other Inventories	211 030	417 741
Other Operating Income Format1	668 252	25 166	34 677	198 577	180 271	45 603
Other Payables Accrued Expenses	112 156	130 448	115 449	118 893	119 687	60 917	96 140
Other Remaining Operating Income	659 088		22 677
Other Revenue		12 324	5 796	4 645	10 978	3 383	2 411
Par Value Share		1	1	1	1	1	1
Payments To Redeem Own Shares	-2 800 000			-1 104 600
Pension Costs Defined Contribution Plan		49 885	90 141	83 355	68 790	128 724	93 935
Prepayments	4 292	3 825	4 122	3 121	3 060	5 093	6 152
Proceeds From Sales Investment Properties	2 800 000
Proceeds From Sales Property Plant Equipment	1 200		20 000			11 374	189 377
Production Average Number Employees	97	102	106	111	99	92	104
Profit Loss	1 740 222	742 325	723 584	1 182 359	906 543	2 416 498	2 982 177
Profit Loss On Ordinary Activities Before Tax	1 934 619	907 635	661 249	1 086 564	1 220 270	2 336 449	3 554 302
Property Plant Equipment Gross Cost	6 537 130	6 672 427	6 720 874	6 882 035	8 972 282	9 420 981	11 896 994
Provisions	870 175	774 082	653 418	499 137	642 173	930 517	1 336 144
Provisions For Liabilities Balance Sheet Subtotal	870 175	774 082	653 418	499 137	642 173	930 517	1 336 144
Purchase Property Plant Equipment	-78 707	-135 297	-91 861	-161 161	-2 090 247	-470 184	-2 670 723
Raw Materials Consumables	2 831 200	4 479 229
Redeemable Preference Shares Liability	40 000	40 000	40 000	33 333	33 333	33 333	33 333
Redemption Value Redeemable Preference Shares		30	30	30	30	30	30
Repayments Borrowings Classified As Financing Activities					-23 998	-291 793	-960 806
Revenue From Rendering Services						222 525	306 777
Revenue From Sale Goods	13 325 852	14 028 374	15 512 886	15 323 303	13 565 331	16 701 173	21 024 452
Selling Average Number Employees	1	1	1	1	1	1	1
Social Security Costs		145 133	133 390	171 337	175 700	199 903	252 012
Staff Costs Employee Benefits Expense		2 142 090	2 238 705	2 459 021	2 452 742	2 947 975	3 050 535
Taxation Social Security Payable	21 819	24 405	26 380	23 495	31 749	53 213	59 456
Tax Decrease From Utilisation Tax Losses				41 404	-45 370	-168 401	-720
Tax Expense Credit Applicable Tax Rate	386 924	172 451	125 637	206 447	231 851	443 925	728 632
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-109 619		-102 039	-297 148		-183 860	-236 593
Tax Increase Decrease From Effect Capital Allowances Depreciation	36 590	9 636	19 238	21 908	-108 867	-44 648	-383 653
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings	-3 455
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	465
Tax Increase Decrease From Other Tax Effects Tax Reconciliation	-87 726	-9 038	-6 689	-17 980	77 830	-47 016	20 811
Tax Tax Credit On Profit Or Loss On Ordinary Activities	194 397	165 310	-62 335	-95 795	313 727	-80 049	572 125
Total Assets Less Current Liabilities	9 228 157	9 936 930	10 589 688	10 147 500	12 578 531	14 620 754	17 271 039
Total Borrowings	40 000	40 000	40 000	393 635	1 134 322	839 156	206 736
Total Operating Lease Payments		20 452	27 760	42 122	35 396	39 804	40 777
Trade Creditors Trade Payables	770 028	1 895 243	975 968	618 775	755 163	996 339	967 725
Trade Debtors Trade Receivables	1 967 589	1 967 414	2 063 317	1 083 050	1 665 718	2 149 147	2 394 041
Turnover Revenue	13 325 852	14 040 698	15 518 682	15 327 948	13 576 309	16 927 081	21 333 640
Unpaid Contributions To Pension Schemes			10 120	8 449	9 552	13 691	12 181
Wages Salaries		1 947 072	2 015 174	2 204 329	2 208 252	2 619 348	2 704 588
Winding Up Value Redeemable Preference Shares		1	1	1	1	1	1