Newmech Services Ltd. in Aberdeenshire, AB21 0US

Description

Data updated on: 01-11-2023

The moment the firm was founded is 2005/01/25. Established under number SC278858, the company is listed as a Private Limited Company. You may find the office of the company during business times at the following address: Kinmundy Farm Newmachar, AB21 0US Aberdeenshire. The company's listed name change from New Mech Services to Newmech Services Ltd. occurred on 2005/01/29. This business's registered with SIC code 25110 which means Manufacture of metal structures and parts of structures. The business most recent filed accounts documents were submitted for the period up to 2023-03-31 and the most recent confirmation statement was submitted on 2023-01-25.

We have a number of four directors running this particular company at present, specifically Martin G., Helen G., Rachael W. and George G. who have been performing the directors duties for two years. To support the directors in their duties, this specific company has been utilizing the skillset of Helen G. as a secretary since 2005.

Previous company's names
Newmech Services Ltd. 2005-01-29
New Mech Services Ltd. 2005-01-25

Financial data based on annual reports

Profit & Loss
Date of Accounts	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	95 993	78 250	336	249	155	189
Current Assets	1 133 648	468 802	677 924	902 049	929 003	425 360
Debtors	232 348	206 184	191 124	342 648	337 963	358 001
Net Assets Liabilities	616 695	715 347	665 090	650 311	539 030	431 821
Other Debtors				5 522	35 527	26 599
Property Plant Equipment	565 115	480 875	495 020	480 300	499 605	715 985
Total Inventories	805 307	184 368	486 464	559 152	590 885

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	347 043	440 756	508 257	590 969	679 398	789 466
Average Number Employees During Period		16	16	7	8	12
Bank Borrowings Overdrafts				276 688	392 668	384 748
Corporation Tax Recoverable				16 903	11 230	11 230
Creditors	69 134	42 717	47 055	67 200	112 090	107 157
Increase From Depreciation Charge For Year Property Plant Equipment		93 713	93 335	85 885	85 331	131 663
Net Current Assets Liabilities	170 346	345 704	286 661	304 706	191 955	-161 649
Other Creditors				67 200	112 090	107 157
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			25 834	3 173		21 595
Other Disposals Property Plant Equipment			30 699	17 498	250	29 100
Other Taxation Social Security Payable				44 954	22 725	43 338
Property Plant Equipment Gross Cost	912 158	921 631	1 003 277	1 071 269	1 175 905	1 505 451
Provisions For Liabilities Balance Sheet Subtotal	49 632	68 515	69 536	67 495	40 440	15 358
Total Additions Including From Business Combinations Property Plant Equipment		9 473	112 345	85 490	104 886	355 548
Total Assets Less Current Liabilities	735 461	826 579	781 681	785 006	691 560	554 336
Trade Creditors Trade Payables				184 639	193 115	116 361
Trade Debtors Trade Receivables				320 223	291 206	320 172