Richard Austin Alloys (midlands) Limited in Glasgow, G33 4TP

Description

Data updated on: 01-11-2023

Richard Austin Alloys (midlands) Limited could be reached at Easter Queenslie Industrial Est, Block 24 in Glasgow. The company's area code is G33 4TP. Richard Austin Alloys (midlands) has been operating on the market since it was set up on 1996-07-30. The company's Companies House Reg No. is SC167377. The company has operated under three names. The initial official name, Blp 9611, was changed on 1996-09-17 to Richard Austin Alloys (east Midlands). The current name, in use since 2004, is Richard Austin Alloys (midlands) Limited. This firm's classified under the NACE and SIC code 46720, that means Wholesale of metals and metal ores. The company's latest accounts cover the period up to 31st March 2022 and the most current annual confirmation statement was filed on 30th July 2023.

Richard Austin Alloys (midlands) Limited is a medium-sized vehicle operator with the licence number OD1044390. The firm has one transport operating centre in the country. In their subsidiary in Coventry on Pilgrims Walk, 12 machines are available.

Current directors registered by the following limited company are: Andrew F. appointed five years ago, John M. appointed in 2009 in December and Kevin A. appointed in 2006 in October. In order to help the directors in their tasks, this limited company has been using the skills of John M. as a secretary since December 2009.

Previous company's names
Richard Austin Alloys (midlands) Limited 2004-12-22
Richard Austin Alloys (east Midlands) Limited 1996-09-17
Blp 9611 Limited 1996-07-30

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	393 664	23	2 303 154
Current Assets	17 188 500	28 180 776	22 605 742
Debtors	12 676 934	19 624 551	15 017 949
Net Assets Liabilities	5 548 727	11 798 072	11 934 095
Property Plant Equipment	222 475	166 947	453 480
Total Inventories	4 117 902	8 556 202	5 284 639

Other Financial Data
Audit Fees Expenses	4 350	4 500	4 730
Fees For Non-audit Services	2 783	2 000	2 100
Company Contributions To Money Purchase Plans Directors	16 994	19 792	14 957
Director Remuneration	195 333	227 500	171 917
Number Directors Accruing Benefits Under Money Purchase Scheme	2	2	2
Accrued Liabilities	232 970	105 584	307 317
Accumulated Depreciation Impairment Property Plant Equipment	796 685	862 237	893 726
Administrative Expenses	953 693	891 499	1 141 771
Applicable Tax Rate	19	19	19
Average Number Employees During Period	40	41	41
Bank Borrowings Overdrafts		459 237
Bank Overdrafts		459 237
Cash Cash Equivalents Cash Flow Value	393 664	-459 214
Cash Receipts From Government Grants	-75 961
Comprehensive Income Expense	1 497 512	6 649 345	1 436 023
Corporation Tax Payable	270 046	524 294
Corporation Tax Recoverable			21 739
Cost Sales	30 557 362	47 884 300	46 920 453
Creditors	29 632	16 533 215	124 852
Current Tax For Period	379 239	1 559 699	255 883
Deferred Tax Asset Debtors	7 797
Depreciation Amortisation Expense	118 713	92 197	144 746
Depreciation Expense Property Plant Equipment	70 078	54 925	69 834
Disposals Decrease In Depreciation Impairment Property Plant Equipment		26 645	113 257
Disposals Property Plant Equipment		32 278	130 302
Distribution Costs	2 379 289	3 056 478	3 195 464
Dividends Paid		400 000	1 300 000
Dividends Paid Classified As Financing Activities		-400 000	-1 300 000
Dividends Paid On Shares Final		400 000	1 300 000
Finance Lease Liabilities Present Value Total	36 054	29 632	49 704
Finance Lease Payments Owing Minimum Gross	37 880	30 138	57 177
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	-75 961
Further Item Interest Expense Component Total Interest Expense		562	1 690
Future Finance Charges On Finance Leases	1 826	506	7 473
Future Minimum Lease Payments Under Non-cancellable Operating Leases	100 800	100 800	100 800
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	3 161 363	3 993 543	-4 658 975
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-2 574 481	-6 955 414	4 628 341
Gain Loss On Disposal Assets Income Statement Subtotal	9 398	-133	19 955
Gain Loss On Disposals Property Plant Equipment	9 398	-133	19 955
Gross Profit Loss	5 136 795	12 222 895	6 147 065
Income Taxes Paid Refund Classified As Operating Activities	-142 535	-1 316 333	-800 963
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	1 877 088	-852 878	2 762 368
Increase Decrease In Current Tax From Adjustment For Prior Periods	9 510	10 882	-953
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	347 631	4 438 300	-3 271 563
Increase From Depreciation Charge For Year Property Plant Equipment		92 197	144 746
Interest Expense On Bank Loans Similar Borrowings	15 322	28 169	36 305
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	4 136	2 035	7 824
Interest Paid Classified As Operating Activities	-15 322	-28 731	-37 995
Interest Payable Similar Charges Finance Costs	19 458	30 766	45 819
Merchandise	4 117 902	8 556 202	5 284 639
Net Cash Flows From Used In Financing Activities	-31 691	436 054	1 155 076
Net Cash Flows From Used In Investing Activities	144 989	36 802	411 324
Net Cash Flows From Used In Operating Activities	-1 990 386	380 022	-4 328 768
Net Cash Generated From Operations	-2 152 379	-967 077	-5 175 550
Net Current Assets Liabilities	5 355 884	11 647 561	11 694 961
Number Shares Issued Fully Paid		100 000	100 000
Operating Profit Loss	1 879 774	8 274 918	1 809 830
Other Deferred Tax Expense Credit	-25 945	24 226	77 003
Other Operating Income Format1	75 961
Other Taxation Social Security Payable	1 115 844	1 294 897	372 205
Par Value Share		1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-44 270	-36 054	144 924
Pension Other Post-employment Benefit Costs Other Pension Costs	101 380	118 459	115 688
Proceeds From Sales Property Plant Equipment	-9 398	-5 500	-37 000
Profit Loss	1 497 512	6 649 345	1 436 023
Profit Loss On Ordinary Activities Before Tax	1 860 316	8 244 152	1 764 011
Property Plant Equipment Gross Cost	1 019 160	1 029 184	1 347 206
Provisions	-7 797	16 436	89 494
Provisions For Liabilities Balance Sheet Subtotal		16 436	89 494
Purchase Property Plant Equipment	-154 387	-42 302	-448 324
Social Security Costs	124 526	164 277	165 211
Staff Costs Employee Benefits Expense	1 539 560	1 942 902	1 981 809
Tax Expense Credit Applicable Tax Rate	353 460	1 566 389	335 162
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	3	13 583	-23 754
Tax Tax Credit On Profit Or Loss On Ordinary Activities	362 804	1 594 807	327 988
Total Additions Including From Business Combinations Property Plant Equipment		42 302	448 324
Total Assets Less Current Liabilities	5 578 359	11 814 508	12 148 441
Total Borrowings	65 686	488 869	174 556
Total Current Tax Expense Credit	388 749	1 570 581	254 930
Total Deferred Tax Expense Credit		24 226	73 058
Trade Creditors Trade Payables	9 050 425	12 233 899	8 737 049
Trade Debtors Trade Receivables	8 564 642	14 041 484	8 746 728
Turnover Revenue	35 694 157	60 107 195	53 067 518
Wages Salaries	1 313 654	1 660 166	1 700 910