Newton Friction Limited in Glasgow, G2 1BP

Description

Data updated on: 01-11-2023

The official day the company was registered is Thu, 7th Oct 1982. Started under number SC080299, the company is considered a Private Limited Company. You can contact the headquarters of the firm during business times at the following address: Clyde Offices 2nd Floor 48 West George Street, G2 1BP Glasgow. This enterprise's SIC and NACE codes are 96090 and has the NACE code: Other service activities not elsewhere classified. Its latest financial reports were submitted for the period up to 2022/06/30 and the most recent annual confirmation statement was released on 2023/07/07.

There's a single managing director presently managing the following business, specifically David D. who has been executing the director's tasks since Thu, 7th Oct 1982. The business had been supervised by Alan K. up until 12 years ago. What is more another director, namely Thomas L. quit twenty three years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency
Net Worth	128 094	65 093	34 616	36 560	22 409

Balance Sheet
Cash Bank On Hand					14 968		1 459	1 125	131 911	145 897	250 927	249 793
Current Assets	171 403	106 213	58 455	105 260	54 412	47 345	132 572	50 687	173 913	176 043	300 309	285 818
Debtors	121 188	75 030	42 890	89 004	27 344	34 345	116 113	37 062	32 002	19 146	37 382	25 775
Net Assets Liabilities					22 409	18 746	30 317	59 788	92 494	96 153	126 589	136 463
Other Debtors					2 354	133			500	500	500	588
Property Plant Equipment					64 824	51 861	41 489	33 193	26 556	21 245	6 047	10 217
Total Inventories					12 100	13 000	15 000	12 500	10 000	11 000	12 000	10 250
Cash Bank In Hand	37 015	23 359	6 815	5 106	14 968
Stocks Inventory	13 200	7 824	8 750	11 150	12 100
Tangible Fixed Assets	66 761	81 952	101 287	81 029	64 824
Net Assets Liabilities Including Pension Asset Liability	128 094	65 093	34 616

Capital & Reserves
Called Up Share Capital	10	10	10	10	10
Profit Loss Account Reserve	128 084	65 083	34 606	36 550	22 399
Shareholder Funds	128 094	65 093	34 616	36 560	22 409

Other Financial Data
Accrued Liabilities Deferred Income					1 350	1 550	1 550	1 550	1 675	1 350	1 450	1 450
Accumulated Depreciation Impairment Property Plant Equipment					97 467	110 431	120 803	129 099	135 736	141 047	55 937	57 682
Additions Other Than Through Business Combinations Property Plant Equipment												5 915
Amounts Owed To Group Undertakings					65 247	29 595	98 160	4 051	80 289	91 724	145 599	141 160
Average Number Employees During Period					1	1	7	7	7	7	7	7
Bank Borrowings Overdrafts						28 310
Corporation Tax Payable					3 660		5 453		10 471	1 999	21 913	14 104
Creditors					85 159	71 644	136 691	18 449	102 930	97 099	178 255	157 018
Finance Lease Liabilities Present Value Total					10 749
Future Minimum Lease Payments Under Non-cancellable Operating Leases							10 535
Increase From Depreciation Charge For Year Property Plant Equipment						12 964	10 372	8 296	6 637	5 311	3 563	1 745
Net Current Assets Liabilities	97 114	26 916	-22 920	-17 694	-30 747	-24 299	-4 119	32 238	70 983	78 944	122 054	128 800
Number Shares Issued Fully Paid						10	10
Other Creditors							2 162	2 162	2 798	750	250	250
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment											88 673
Other Disposals Property Plant Equipment											100 308
Other Taxation Social Security Payable						5 261	330	4 393	3 531	701	8 945
Par Value Share		1	1	1	1	1	1
Prepayments Accrued Income						133	160	110	216	355	329
Property Plant Equipment Gross Cost					162 292	162 292	162 292	162 292	162 292	162 292	61 984	67 899
Provisions For Liabilities Balance Sheet Subtotal					11 668	8 816	7 053	5 643	5 045	4 036	1 512	2 554
Total Assets Less Current Liabilities	163 875	108 868	78 367	63 335	34 077	27 562	47 370	65 431	97 539	100 189	128 101	139 017
Trade Creditors Trade Payables					4 153	6 928	19 036	6 293	4 166	575	98	54
Trade Debtors Trade Receivables					24 990	34 212	115 953	36 952	31 286	18 291	36 553	25 187
Creditors Due After One Year	35 781	31 636	26 352	10 749
Creditors Due Within One Year	74 289	79 297	81 375	122 954	85 159
Deferred Tax Liability			17 399	16 026	11 668
Net Assets Liability Excluding Pension Asset Liability			34 617	36 560	22 409
Number Shares Allotted		10	10	10	10
Share Capital Allotted Called Up Paid	10	10	10	10	10
Tangible Fixed Assets Cost Or Valuation	97 092	126 592	162 292	162 292	162 292
Tangible Fixed Assets Depreciation	30 331	44 640	61 005	81 263	97 468
Tangible Fixed Assets Depreciation Charged In Period		14 309	19 573	20 258	16 205
Fixed Assets	66 761	81 952	101 287
Provisions For Liabilities Charges		12 139	17 399
Tangible Fixed Assets Additions		29 500	57 700
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			3 208
Tangible Fixed Assets Disposals			22 000