Buzzworks Holdings Group Limited in Kilmarnock, KA1 2DD

Description

Data updated on: 01-11-2023

Buzzworks Holdings Group Limited can be gotten hold of in Grange House, 34 Grange Street in Kilmarnock. The firm postal code is KA1 2DD. Buzzworks Holdings Group has been actively competing on the British market for 7 years. The firm reg. no. is SC562441. The registered name of this business got changed in 2018 to Buzzworks Holdings Group Limited. The enterprise previous name was Newco Holdings 2. This firm's declared SIC number is 82990 and has the NACE code: Other business support service activities not elsewhere classified. Sunday 1st May 2022 is the last time when account status updates were filed.

In the following business, the majority of director's responsibilities up till now have been met by Colin B. and Kenneth B.. Within the group of these two executives, Colin B. has administered business the longest, having been a part of company's Management Board for 7 years.

Previous company's names
Buzzworks Holdings Group Limited 2018-09-07
Newco Holdings 2 Limited 2017-04-04

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-05-03	2021-05-02	2022-05-01	2023-04-30
Currency

Balance Sheet
Debtors			4 000 000	5 000 000
Net Assets Liabilities		906	906
Total Inventories	166 372	185 026	233 331

Other Financial Data
Accrued Liabilities Deferred Income	605 177	768 059	601 805	1 618 737
Accumulated Amortisation Impairment Intangible Assets			1 952	34 333
Accumulated Depreciation Impairment Property Plant Equipment	973 941	973 941	3 126 779	2 760 246
Acquired Through Business Combinations Intangible Assets			323 813
Acquired Through Business Combinations Property Plant Equipment			3 766
Additions Other Than Through Business Combinations Property Plant Equipment		369 360	1 269 747	2 029 917
Administrative Expenses	12 848 825
Bank Borrowings		9 685 666	8 933 431	10 853 393
Bank Borrowings Overdrafts	448 031	701 201	690 800	258 000
Bank Overdrafts	214 780	39 400
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	648 341	544 525	566 122	521 768
Cash Cash Equivalents	-6 100	26 596	1 130 273	796 746
Comprehensive Income Expense	-1 403 570	-619 084	3 284 532	882 088
Corporation Tax Payable	111 029	35 331	618 978
Corporation Tax Recoverable		5 102
Cost Sales	5 051 044	1 923 789	6 502 598	7 895 489
Current Tax For Period				1 632
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	23 112	42 106	-42 750	951
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws	45 018		133 057
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-64 181	-137 454	157 706	-181 382
Depreciation Expense Property Plant Equipment	409 852	460 377
Finance Lease Liabilities Present Value Total	8 949 319	8 885 015	8 917 606	8 907 954
Finance Lease Payments Owing Minimum Gross	466 322	409 109	410 961	469 921
Finished Goods Goods For Resale	166 372	185 026	233 331	304 575
Further Item Deferred Expense Credit Component Total Deferred Tax Expense	23 112	42 105	-42 750	951
Further Item Operating Expense Loss Income Statement Item Component Operating Profit Loss	846 277
Further Item Tax Increase Decrease Component Adjusting Items	20 322	-759	-5 496	-399
Future Finance Charges On Finance Leases	40 124 671	39 796 632	38 709 960	47 059 365
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss			104 739	-236 193
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income	31 727		1 824 426	1 418 053
Government Grant Income		82 482
Impairment Loss Property Plant Equipment	846 277
Income Tax Expense Credit On Components Other Comprehensive Income	6 029		266 424	65 718
Increase Decrease In Current Tax From Adjustment For Prior Periods	-64	-5 015	5 102	19 235
Increase From Amortisation Charge For Year Intangible Assets			1 952	32 381
Increase From Depreciation Charge For Year Property Plant Equipment		540 757	601 483	707 479
Intangible Assets			321 861	289 480
Intangible Assets Gross Cost			323 813
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	310 967	392 667	310 937
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	313 549	353 420	362 754
Interest Payable Similar Charges Finance Costs	835 398	878 927	1 020 278	1 765 838
Investments Fixed Assets	906	906	906	906
Investments In Subsidiaries	906	906	906	906
Other Comprehensive Income Expense Before Tax	25 698		1 558 002	1 352 335
Other Creditors	1 225 040	1 439 952	3 414 293	2 503 969
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		10 789	4 085	1 074 012
Other Disposals Property Plant Equipment		24 497	236 371	192 049
Other Remaining Borrowings	1 050 000	1 050 000	4 000 000	5 000 000
Pension Other Post-employment Benefit Costs Other Pension Costs	101 754	84 711	122 231	143 389
Percentage Class Share Held In Subsidiary	100	100	100	100
Prepayments Accrued Income	533 402	422 718	329 640	1 056 858
Profit Loss	-1 429 268	-619 084	1 726 530	-470 247
Property Plant Equipment Gross Cost	13 444 467	6 491 757	3 766	3 766
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment			-436 516
Social Security Costs	538 989	367 037	644 153
Taxation Including Deferred Taxation Balance Sheet Subtotal		917 629	1 673 638	1 558 925
Tax Decrease Increase From Effect Revenue Exempt From Taxation			97 683	50 469
Tax Increase Decrease From Effect Capital Allowances Depreciation	61 404
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	162 857		84 492	111 550
Tax Tax Credit On Profit Or Loss On Ordinary Activities	3 885	-100 364	253 115	-159 564
Total Borrowings	448 031	1 751 201	690 800	258 000
Total Current Tax Expense Credit			5 102	20 867
Total Deferred Tax Expense Credit	3 949	-95 349	248 013	-180 431
Total Increase Decrease From Revaluations Property Plant Equipment			740 629	438 574
Trade Creditors Trade Payables	1 009 976	770 559	1 712 932	2 830 427
Trade Debtors Trade Receivables	37 872	3 271	12 220	14 997
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment				14 700
Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Depreciation Impairment Property Plant Equipment			-206 964
Turnover Revenue	18 457 843	8 101 791	25 196 374
Voting Power In Subsidiary If Different From Ownership Interest Percent	100
Wages Salaries	7 350 257			11 523 824

Company staff

Colin B.

Role: Director

Appointed: 04 April 2017

Latest update: 25 February 2024

Kenneth B.

Role: Director

Appointed: 04 April 2017

Latest update: 25 February 2024

People with significant control

Executives who have control over the firm are as follows: Colin B. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights. Kenneth B. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Colin B.

Notified on 4 April 2017

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

Kenneth B.

Notified on 4 April 2017

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	29 January 2024
Account last made up date	01 May 2022
Confirmation statement next due date	17 April 2024
Confirmation statement last made up date	03 April 2023

Annual Accounts
Start Date For Period Covered By Report	2019-04-29
End Date For Period Covered By Report	2020-05-03
Annual Accounts
Start Date For Period Covered By Report	2020-05-04
End Date For Period Covered By Report	2021-05-02
Annual Accounts
Start Date For Period Covered By Report	2021-05-03
End Date For Period Covered By Report	2022-05-01
Annual Accounts
Start Date For Period Covered By Report	2022-05-02
End Date For Period Covered By Report	2023-04-30

Buzzworks Holdings Group Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Colin B.

Kenneth B.

Alison B.

People with significant control

Colin B.

Kenneth B.

Accounts Documents

Company filings

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