Oakenash Group Limited in Glasgow, G15 8TE

Description

Data updated on: 01-11-2023

Oakenash Group Limited 's been in the UK for twenty eight years. Started with Registered No. SC169961 in the year 1996, the company is located at Dalsetter House, Glasgow G15 8TE. The firm name is Oakenash Group Limited. This firm's previous customers may recognize this company also as Quillco 1, which was used until Wednesday 5th February 1997. This firm's SIC and NACE codes are 28220 which means Manufacture of lifting and handling equipment. Thursday 31st December 2020 is the last time account status updates were reported.

As found in the following company's executives data, since 1997 there have been three directors: Paul A., Brian L. and William W..

Executives with significant control over the firm are: William W. has substantial control or influence over the company. Paul A. has substantial control or influence over the company.

Previous company's names
Oakenash Group Limited 1997-02-05
Quillco 1 Limited 1996-11-19

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31
Currency

Balance Sheet
Debtors	577 943	527 114	527 114
Other Debtors	7 821	7 821	7 821
Total Inventories		5 899 721	6 065 633

Other Financial Data
Accrued Liabilities Deferred Income	35 039	35 039	35 039
Accumulated Amortisation Impairment Intangible Assets		44 886	45 049
Accumulated Depreciation Impairment Property Plant Equipment		4 486 149	4 598 940
Additions Other Than Through Business Combinations Property Plant Equipment			31 300
Administrative Expenses		5 366 875	4 608 597
Amounts Owed To Group Undertakings	905 539	905 539	905 539
Average Number Employees During Period	122	108
Bank Borrowings		327 918
Bank Borrowings Overdrafts		3 333 864	3 089 307
Bank Overdrafts		3 005 946	3 089 307
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment		292 367	204 000
Cash Cash Equivalents	-1 689 463	-2 966 974	-3 034 614
Comprehensive Income Expense		19 748	-387 948
Corporation Tax Payable		203 008	330 811
Cost Sales		5 041 113	5 598 695
Creditors	1 043 578	992 749	992 749
Current Tax For Period		117 035	127 803
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		-8 504	-3 643
Distribution Costs		194 521	87 283
Finance Lease Liabilities Present Value Total		95 941	114 680
Finance Lease Payments Owing Minimum Gross		110 714	54 991
Finished Goods Goods For Resale		3 757 099	3 832 155
Foreign Exchange Differences Increase Decrease In Depreciation Impairment Property Plant Equipment			-5 630
Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income		-116 538	-123 075
Gain Loss On Disposals Property Plant Equipment		-1 472	-15 844
Government Grant Income			188 048
Impairment Loss Reversal On Investments			-26 325
Increase Decrease From Foreign Exchange Differences Property Plant Equipment			-5 781
Increase Decrease In Current Tax From Adjustment For Prior Periods		-6 361
Increase From Amortisation Charge For Year Intangible Assets			163
Increase From Depreciation Charge For Year Property Plant Equipment			118 421
Intangible Assets		1 628	1 465
Intangible Assets Gross Cost		46 514
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings		184 282	248 244
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts		9 283	3 110
Interest Income On Bank Deposits		2 113
Interest Paid Classified As Operating Activities		-193 565	-251 354
Interest Payable Similar Charges Finance Costs		193 565	251 354
Interest Received Classified As Investing Activities		-2 113
Investments	9 260 637	9 260 637	9 260 637
Investments Fixed Assets	9 260 637	9 260 637	9 260 637
Investments In Associates	2 500 000	2 500 000	2 500 000
Investments In Subsidiaries	6 760 637	6 760 637	6 760 637
Net Current Assets Liabilities	-465 635	-465 635	-465 635
Net Finance Income Costs		2 113
Other Creditors	103 000	52 171	798 025
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			70 919
Other Disposals Property Plant Equipment			179 546
Other Interest Receivable Similar Income Finance Income		2 113
Pension Other Post-employment Benefit Costs Other Pension Costs		78 961	67 128
Percentage Class Share Held In Associate		48	48
Percentage Class Share Held In Subsidiary		96	96
Prepayments Accrued Income		253 967	207 939
Profit Loss	-69 328	136 286	-264 873
Property Plant Equipment Gross Cost		5 846 455	5 871 974
Social Security Costs		201 963	197 235
Staff Costs Employee Benefits Expense		4 058 985	3 530 484
Taxation Including Deferred Taxation Balance Sheet Subtotal		140 458	136 815
Tax Increase Decrease From Effect Capital Allowances Depreciation		9 021	27 461
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		37 515	121 716
Tax Increase Decrease From Effect Foreign Tax Rates		11 696	26 073
Tax Increase Decrease From Other Short-term Timing Differences		8 820	-24 355
Tax Tax Credit On Profit Or Loss On Ordinary Activities		106 895	124 160
Total Assets Less Current Liabilities	8 795 002	8 795 002	8 795 002
Total Borrowings		3 333 864	3 089 307
Total Current Tax Expense Credit		110 674	127 803
Trade Creditors Trade Payables		2 228 644	2 056 721
Trade Debtors Trade Receivables		2 983 956	2 158 006
Turnover Revenue		10 969 699	10 696 455
Wages Salaries		3 778 061	3 266 121