R & W Scott Ltd in Newcastle Upon Tyne, NE1 1EE

Description

Data updated on: 01-11-2023

R & W Scott came into being in 2004 as a company enlisted under no 05072615, located at NE1 1EE Newcastle Upon Tyne at C/o Aberdein Considine. The company has been in business for twenty years and its current status is active. The company has been on the market under three names. The initial official name, Inhoco 4050, was changed on September 8, 2004 to Renshaw Scott. The current name is in use since 2015, is R & W Scott Ltd. This enterprise's SIC code is 10390, that means Other processing and preserving of fruit and vegetables. The company's most recent accounts describe the period up to 2023-03-31 and the most current annual confirmation statement was submitted on 2023-03-15.

As the information gathered suggests, the company was started in 2004 and has been steered by sixteen directors, and out this collection of individuals three (Michael H., Stephen C. and John E.) are still functioning.

Previous company's names
R & W Scott Ltd 2015-06-16
Renshaw Scott Limited 2004-09-08
Inhoco 4050 Limited 2004-03-15

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	215 605	241 262	401 759	7 845	53 914
Current Assets	6 789 110	7 862 880	7 212 335	8 099 682	9 170 706
Debtors	5 024 669	5 673 917	5 403 769	6 184 878	6 626 531
Net Assets Liabilities	6 441 608	7 072 594	7 163 609	7 239 887	7 617 119
Other Debtors	45 944	52 319	67 236	73 981	61 305
Property Plant Equipment	3 990 764	4 118 248	3 649 019	3 278 928	2 993 092
Total Inventories	1 548 836	1 947 701	1 406 807	1 906 957	2 490 261

Other Financial Data
Audit Fees Expenses	35 500	25 577	13 500	13 500	13 500
Amount Specific Advance Or Credit Directors					140 000
Amount Specific Advance Or Credit Made In Period Directors					140 000
Company Contributions To Money Purchase Plans Directors		46 685
Director Remuneration	80 000	411 643	387 172	375 714	364 953
Dividend Recommended By Directors					500 000
Accrued Liabilities	122 200	301 868	140 474	132 754	257 596
Accumulated Depreciation Impairment Property Plant Equipment	6 133 263	4 214 371	4 728 624	5 237 827	5 762 114
Additional Provisions Increase From New Provisions Recognised					-89 108
Administrative Expenses	3 407 151	3 883 459	3 170 987	3 623 321	3 803 542
Amounts Owed By Group Undertakings	3 132 876	3 665 875	3 731 808	3 787 508	3 684 799
Average Number Employees During Period	86	97	84	80	90
Bank Borrowings		479 635	41 550	41 550	177 134
Bank Borrowings Overdrafts		438 085	746 534	354 984	495 095
Capital Commitments			52 388
Comprehensive Income Expense	7 860 988	630 986	91 015	76 278	877 232
Cost Sales	9 462 950	8 815 452	8 403 128	10 815 993	12 515 250
Creditors	884 196	975 376	1 088 576	361 317	502 595
Current Tax For Period		-33 353		-55 572	-39 058
Deferred Tax Asset Debtors					89 108
Depreciation Expense Property Plant Equipment	413 263	484 621	514 253	514 433	524 287
Disposals Decrease In Depreciation Impairment Property Plant Equipment				5 230
Disposals Property Plant Equipment				23 350
Dividend Per Share Interim					0
Dividends Paid					500 000
Dividends Paid On Shares Interim					500 000
Finance Lease Liabilities Present Value Total	829 363	496 458	275 500	275 000	22 917
Finance Lease Payments Owing Minimum Gross	403 000	351 111	349 685	275 000
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax	8 331 258	359 230
Further Item Interest Expense Component Total Interest Expense	60 000	117 234	119 366	92 303	109 557
Future Finance Charges On Finance Leases	157 000	74 185	74 185
Future Minimum Lease Payments Under Non-cancellable Operating Leases	35 000	35 000	37 458	48 698	49 302
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-10 403	-3 906	-32 961	-1 550	215
Gain Loss On Disposals Property Plant Equipment				-4 589
Gross Profit Loss	3 073 881	4 239 096	3 218 514	3 636 512	4 580 778
Increase From Depreciation Charge For Year Property Plant Equipment		484 621	514 253	514 433	524 287
Interest Payable Similar Charges Finance Costs	60 000	117 234	119 366	92 303	109 557
Merchandise	1 548 836	1 947 701	1 406 807	1 906 957	2 490 261
Net Current Assets Liabilities	3 335 040	3 929 722	4 603 166	4 322 276	5 126 622
Number Shares Issued Fully Paid		5 000 000	5 000 000	5 000 000	5 000 000
Operating Profit Loss	-333 270	355 637	210 381	113 009	858 623
Other Comprehensive Income Expense Net Tax	8 331 258	359 230
Other Creditors	505 039	434 640	267 574	33 313	48 511
Other Deferred Tax Expense Credit					-89 108
Other Operating Income Format1			162 854	99 818	81 387
Other Remaining Borrowings	54 833	40 833	14 000	40 000	18 917
Other Taxation Social Security Payable	55 364	86 333	67 855	69 214	82 636
Par Value Share		1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	115 568	157 261	93 767	160 766	187 306
Prepayments	75 139	137 652	74 090	86 647	93 177
Profit Loss	-470 270	271 756	91 015	76 278	877 232
Profit Loss On Ordinary Activities Before Tax	-470 270	238 403	91 015	20 706	749 066
Property Plant Equipment Gross Cost	10 124 027	8 332 619	8 377 643	8 516 755	8 755 206
Provisions					-89 108
Restructuring Costs	77 000
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment		-2 403 513
Social Security Costs	160 230	197 845	192 450	192 851	197 138
Staff Costs Employee Benefits Expense	1 805 375	2 163 597	1 555 889	2 046 916	2 026 926
Tax Tax Credit On Profit Or Loss On Ordinary Activities		-33 353		-55 572	-128 166
Total Additions Including From Business Combinations Property Plant Equipment		252 875	45 024	162 462	238 451
Total Assets Less Current Liabilities	7 325 804	8 047 970	8 252 185	7 601 204	8 119 714
Total Borrowings	2 956 630	3 177 138	55 550	81 550	196 051
Total Increase Decrease From Revaluations Property Plant Equipment		-2 044 283
Total Operating Lease Payments	75 397	78 184	70 146	88 250	102 349
Trade Creditors Trade Payables	1 130 200	1 287 628	561 555	1 411 775	1 390 331
Trade Debtors Trade Receivables	1 770 710	1 818 071	1 530 635	2 236 742	2 278 142
Turnover Revenue	12 536 831	13 054 548	11 621 642	14 452 505	17 096 028
Wages Salaries	1 529 577	1 808 491	1 269 672	1 693 299	1 642 482

Company staff

Michael H.

Role: Director

Appointed: 19 December 2018

Latest update: 20 March 2024

Stephen C.

Role: Director

Appointed: 19 December 2018

Latest update: 20 March 2024

John E.

Role: Director

Appointed: 19 December 2018

Latest update: 20 March 2024