North East Specialist Coatings Ltd. in Peterhead, AB42 0SB

Description

Data updated on: 01-11-2023

The North East Specialist Coatings Ltd. firm has been in this business field for at least nineteen years, as it's been founded in 2005. Started with Registered No. SC278988, North East Specialist Coatings is a Private Limited Company located in 14 Main Street, Peterhead AB42 0SB. This business's SIC code is 43341 meaning Painting. The latest filed accounts documents were submitted for the period up to 2022-04-30 and the most current confirmation statement was released on 2023-01-20.

The directors currently chosen by this specific company are as follow: Kenneth M. selected to lead the company on 2005-08-08 and Judith M. selected to lead the company in 2005. Additionally, the director's efforts are regularly backed by a secretary - Judith M., who was selected by this specific company in 2005.

Executives with significant control over the firm are: Kenneth M. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Judith M. 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	2011-04-30	2012-04-30	2013-04-30	2014-04-30	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	285	264	149	175	-8 196	113

Balance Sheet
Cash Bank On Hand						101	2	52	3	-8 462
Debtors	32 898	28 204	21 935	34 003	39 342	51 733	32 458	42 689	25 267	12 527
Net Assets Liabilities						113	188	-15 050	-34 002	-49 456	-47 841	-43 195	-39 043
Property Plant Equipment						11 980	9 041	6 829	20 145	15 144
Total Inventories						3 816	5 816	4 962	7 250	8 475
Cash Bank In Hand	2	2	13	125	2 252	101
Current Assets	39 474	35 569	28 937	39 957	48 328	55 650	38 276	47 703	32 520	21 002	22 356	30 185	26 032
Net Assets Liabilities Including Pension Asset Liability	285	264	149	175	-8 196	113
Other Debtors						8 956		1 252
Stocks Inventory	6 574	7 363	6 989	5 829	6 734	3 816
Tangible Fixed Assets	4 033	3 748	3 399	2 739	16 402	11 980

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	185	164	49	75	-8 296	13
Shareholder Funds	285	264	149	175	-8 196	113

Other Financial Data
Accrued Liabilities Deferred Income									3 298	1 428
Accumulated Depreciation Impairment Property Plant Equipment						15 566	18 505	20 717	27 376	32 377
Amounts Owed To Directors									18 822	31 107
Average Number Employees During Period							4	4	4	4	4	4	3
Bank Borrowings Overdrafts		11 814	9 339			28 612	3 976	18 048	11 372	6 192
Cash On Hand									-10 839	-8 462
Creditors						65 121	3 976	18 048	21 784	10 669	6 192	22 144	11 135
Finance Lease Liabilities Present Value Total									10 412	7 572
Increase From Depreciation Charge For Year Property Plant Equipment							2 939	2 212	6 659	5 001
Merchandise									7 250	8 475
Nominal Value Allotted Share Capital									100	100
Number Shares Issued Fully Paid										100
Other Creditors						198	552	3 591	966	469
Other Provisions Balance Sheet Subtotal									1 297	1 297
Other Taxation Payable									5 801	11 524
Par Value Share		1	1	1	1	1				1
Prepayments Accrued Income						1 225	1 451	1 408	1 408	1 705
Property Plant Equipment Gross Cost						27 546	27 546	27 546	47 521	47 521
Trade Creditors Trade Payables						15 885	12 644	15 964	14 778	11 528
Trade Debtors Trade Receivables						21 942	17 197	22 920	23 859	10 822
Amount Specific Advance Or Credit Directors		9 076			9 606	19 610	13 810
Amount Specific Advance Or Credit Made In Period Directors						31 242	21 018
Amount Specific Advance Or Credit Repaid In Period Directors						21 238	26 818
Accrued Liabilities						6 431	6 534	6 498	3 298
Administrative Expenses		50 072	56 813
Corporation Tax Due Within One Year		2 672	3 807
Corporation Tax Payable						930	1 252
Cost Sales		97 345	92 591
Creditors Due Within One Year	42 760	38 572	31 727	42 153	69 793	65 121
Debtors Due Within One Year		28 204	21 935
Deferred Tax Liability		481	460
Depreciation Tangible Fixed Assets Expense		1 241	1 123
Fixed Assets	4 033	3 748								15 144	11 347	9 647	28 302
Gross Profit Loss		53 337	63 311
Interest Payable Similar Charges		528	1 354
Net Current Assets Liabilities	-3 286	-3 003	-2 790	-2 196	-21 465	-9 471	-7 135	-2 534	-31 066	-53 931	-52 996	-30 698	-56 210
Number Shares Allotted		100	100	100	100	100
Operating Profit Loss		3 265	6 498
Other Creditors Due Within One Year		570	985
Other Taxation Social Security Payable						13 065	1 421	5 877	5 801
Other Taxation Social Security Within One Year		13 301	9 767
Profit Loss For Period		2 179	4 085
Profit Loss On Ordinary Activities Before Tax		2 737	5 144
Provisions Charged Credited To Profit Loss Account During Period			460
Provisions For Liabilities Balance Sheet Subtotal						2 396	1 718	1 297	1 297
Provisions For Liabilities Charges	462	481	460	368	3 133	2 396
Share Capital Allotted Called Up Paid	100	100	100	100	100	100
Tangible Fixed Assets Additions		956	774	246	19 296
Tangible Fixed Assets Cost Or Valuation	12 500	13 456	14 230	14 476	33 131	27 546
Tangible Fixed Assets Depreciation	8 467	9 708	10 831	11 737	16 729	15 566
Tangible Fixed Assets Depreciation Charged In Period		1 241	1 123	906	5 344	3 998
Tangible Fixed Assets Depreciation Decrease Increase On Disposals					352	5 161
Tangible Fixed Assets Disposals					641	5 585
Tax On Profit Or Loss On Ordinary Activities		558	1 059
Total Additions Including From Business Combinations Property Plant Equipment									19 975
Total Assets Less Current Liabilities	747	745	609	543	-5 063	2 509	5 882	4 295	-10 921	-38 787	-41 649	-21 051	-27 908
Total Dividend Payment		2 200	4 200
Trade Creditors Within One Year		8 815	6 027
Turnover Gross Operating Revenue		150 682	155 902
U K Current Corporation Tax		538	1 080
U K Deferred Tax		20	-21
Advances Credits Directors	12 282	9 076	52	4 476	9 606	19 610
Advances Credits Made In Period Directors		27 278	23 881	21 755	22 043
Advances Credits Repaid In Period Directors		5 920	33 009	17 227	16 913
Director Remuneration Benefits Excluding Payments To Third Parties		7 200	7 200