Rowan Timber Supplies (scotland) Limited in Glasgow, G2 6TS

Description

Data updated on: 01-11-2023

This company is known under the name of Rowan Timber Supplies (scotland) Limited. It was started fourty five years ago and was registered under SC068805 as its registration number. This headquarters of the company is located in Glasgow. You may find them at C/o Blackadders Llp, 53 Bothwell Street. This firm's SIC code is 46730 - Wholesale of wood, construction materials and sanitary equipment. The firm's latest filed accounts documents were submitted for the period up to 2021-08-31 and the most recent annual confirmation statement was submitted on 2022-12-14.

Rowan Timber Supplies (scotland) Ltd is a medium-sized vehicle operator with the licence number OM0014848. The firm has five transport operating centres in the country. In their subsidiary in Airdrie , 4 machines are available. The centre in Ayr has 2 machines, and the centre in Bathgate on 10 Easterinch Road is equipped with 2 machines. They are equipped with 19 vehicles and 10 trailers.

The firm owes its well established position on the market and constant improvement to exactly two directors, specifically Nicholas H. and Gerard B., who have been in the company for thirty three years. In order to provide support to the directors, this specific firm has been utilizing the expertise of Gerard B. as a secretary since January 2009.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31
Currency

Balance Sheet
Cash Bank On Hand	1 805	1 805	1 676	1 138	699 012	1 916 770
Current Assets	7 638 828	7 537 933	7 945 318	6 103 159	3 755 432	5 842 638
Debtors	4 576 746	4 312 769	5 200 289	3 467 812	1 810 999	2 455 238
Net Assets Liabilities	2 066 502	2 311 566	2 093 165	1 457 938	630 928	834 121
Other Debtors	2 807	8 023	661 861	481 518		132 088
Property Plant Equipment	1 956 578	1 950 902	1 875 540	1 809 988	218 675	222 003
Total Inventories	3 060 277	3 223 359	2 743 353	2 634 209	1 245 421	1 470 630

Other Financial Data
Audit Fees Expenses	10 000	10 000	10 000	10 000	14 950	16 500
Accrued Liabilities Deferred Income	204 654	168 824	92 075	81 953	247 415	633 222
Accrued Liabilities Not Expressed Within Creditors Subtotal				13 581
Accumulated Depreciation Impairment Property Plant Equipment	3 964 906	1 525 828	1 280 280	1 440 386	409 845	470 813
Additions Other Than Through Business Combinations Property Plant Equipment					218 246	65 796
Administrative Expenses	3 591 057	3 642 387	2 875 872	3 830 561	1 788 072	1 596 970
Amortisation Expense Intangible Assets	3 769	1 845	1 111	407
Amortisation Impairment Expense Intangible Assets				407
Amounts Owed To Group Undertakings	300 000	728 074	520 869	1 065 869
Average Number Employees During Period	135	130	84	77	44	39
Bank Borrowings	1 625 000	1 020 000	332 500	27 500		500 000
Bank Borrowings Overdrafts	1 130 000	525 000	91 500	1 131 039		312 500
Cash Cash Equivalents Cash Flow Value			-1 512 414	1 138	699 012	1 916 770
Cash Flows From Disposal Or Reduction In Control Over Subsidiaries Or Other Businesses				520 869
Corporation Tax Payable	2 451	50 945	77 775			132 695
Cost Sales	15 720 236	15 839 211	15 305 569	12 964 945	8 444 023	10 451 970
Creditors	1 136 930	525 000	149 824	33 328	559 731	836 364
Current Tax For Period	43 693		43 273			112 544
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period				1 673
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				-4 552	-21 764
Depreciation Expense Property Plant Equipment	187 475	176 039	180 234	160 106	96 531	61 312
Depreciation Impairment Expense Property Plant Equipment				160 106	96 531	61 312
Distribution Costs	765 520	797 096	570 973	579 998	775 140	1 235 913
Dividends Paid	98 700	98 700	98 700	38 940	13 725	200 000
Dividends Paid Classified As Financing Activities				-38 940	-13 725	-200 000
Dividends Paid On Shares Final	98 700	98 700	98 700	38 940	13 725
Dividends Paid On Shares Interim						200 000
Finished Goods Goods For Resale				2 612 876	1 245 421	1 470 630
Fixed Assets	1 962 491	1 952 970	1 876 497	1 815 988	218 675
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities				305 000	27 500	-500 000
Further Item Creditors Component Total Creditors					551 399	523 864
Further Item Interest Expense Component Total Interest Expense						8 400
Further Item Tax Increase Decrease Component Adjusting Items				755	251	-957
Future Minimum Lease Payments Under Non-cancellable Operating Leases	261 732	251 428	238 610	196 764	138 474	128 690
Gain Loss From Sales Investment Properties Recognised In Profit Or Loss				-550
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				-1 256 303	2 195 027	-1 279 642
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-1 723 002	-1 160 602
Gain Loss In Cash Flows From Change In Inventories				-109 144	-1 388 788	225 209
Government Grant Income				85 000	206 350	25 533
Gross Profit Loss	4 728 212	4 702 644	3 232 693	3 610 241	2 637 314	3 412 977
Income Taxes Paid Refund Classified As Operating Activities				-43 273	-45 000	-50 000
Increase Decrease In Current Tax From Adjustment For Prior Periods	-45 076	17 826		-34 502		70 151
Increase From Depreciation Charge For Year Property Plant Equipment		179 171		160 106	96 531	61 312
Interest Expense On Debt Securities In Issue Other Similar Loans				40 023	13 922
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	363	363	192		2 556
Interest Payable Similar Charges Finance Costs	129 186	96 848	53 500	40 023	16 478	8 400
Investments				6 000
Investments Fixed Assets	2 550	550	550	6 000
Net Cash Flows From Used In Investing Activities				621 423	-553 921	64 946
Net Cash Flows From Used In Operating Activities				-2 493 875	-504 125	-1 007 700
Net Cash Generated From Operations				-2 577 171
Net Current Assets Liabilities	1 281 794	918 042	483 412	-289 377	971 984	1 448 482
Net Interest Paid Received Classified As Operating Activities				-40 023	-16 478	-8 400
Operating Profit Loss	621 635	478 161	454 825	-595 318	-818 571	594 288
Other Creditors	15 984	2 935	1 585	10 567	37 258	161 432
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					1 127 072	344
Other Disposals Property Plant Equipment					2 840 100	1 500
Other Operating Income Format1	250 000	215 000	668 977	205 000	273 850	25 533
Other Remaining Borrowings	6 466	3 921	58 324	33 328	33 328	8 332
Other Taxation Social Security Payable	58 333	63 017	1 180 912	857 300	498 923	350 599
Pension Other Post-employment Benefit Costs Other Pension Costs	30 239	16 335	20 831	22 769	13 615	18 067
Prepayments Accrued Income	370 625	335 917	574 130	544 874	349 301	661 730
Proceeds From Sales Investment Properties				550
Proceeds From Sales Other Long-term Assets Classified As Investing Activities				5 450	-6 000
Proceeds From Sales Property Plant Equipment					-766 167
Profit Loss	-589 180	343 764	350 308	-596 287	-813 285	403 193
Profit Loss On Ordinary Activities Before Tax	-590 563	380 162	401 325	-635 341	-835 049	585 888
Property Plant Equipment Gross Cost	5 921 484	3 476 730	3 155 820	3 250 374	628 520	692 816
Purchase Property Plant Equipment				-94 554	-218 246	-65 796
Repayments Borrowings Classified As Financing Activities				-24 435	-22 847	-24 996
Social Security Costs	247 154	240 683	158 237	156 752	79 493	73 437
Staff Costs Employee Benefits Expense	3 119 928	3 099 137	2 137 878	2 065 627	1 355 159	1 121 932
Taxation Including Deferred Taxation Balance Sheet Subtotal				21 764
Tax Expense Credit Applicable Tax Rate	-118 113	76 032	76 252	-120 715	-158 659	111 319
Tax Increase Decrease Arising From Group Relief Tax Reconciliation		17 747		107 627
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	3 437	4 970	6 222	6 108	8 000	2 182
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward					128 644
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-1 383	36 398	51 017	-39 054	-21 764	182 695
Total Assets Less Current Liabilities	3 244 285	2 871 012	2 359 909	1 526 611	1 190 659	1 670 485
Total Borrowings	3 075 730	2 617 982	1 846 590	1 131 039	33 328	508 332
Total Current Tax Expense Credit	-1 383	17 826	43 273	-34 502		182 695
Total Operating Lease Payments	451 821	431 886	412 507	438 537	112 410	165 345
Trade Creditors Trade Payables	3 126 103	2 917 710	3 434 503	3 012 764	1 974 856	2 920 376
Trade Debtors Trade Receivables	4 149 226	3 968 829	3 940 130	2 426 727	1 461 698	1 661 420
Transfers To From Retained Earnings Increase Decrease In Equity						-92 770
Turnover Revenue	20 448 448	20 541 855	18 538 262	16 575 186	11 081 337	13 864 947
Wages Salaries	2 842 535	2 842 119	1 958 810	1 886 106	1 262 051	1 030 428
Work In Progress	31 696	24 170	23 005	21 333
Company Contributions To Defined Benefit Plans Directors					210	938
Director Remuneration	188 562	196 630	217 099	210 139	165 679	46 370
Director Remuneration Benefits Including Payments To Third Parties					165 889	47 308
Company Contributions To Money Purchase Plans Directors	15 830	11 893	5 328	276
Number Directors Accruing Benefits Under Money Purchase Scheme	2	2	2	2
Accumulated Amortisation Impairment Intangible Assets	57 593	6 208	7 319	7 726
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		-35 000		-85 000
Amounts Owed By Group Undertakings	54 088
Amounts Owed To Directors	372 205	300 209
Applicable Tax Rate	20	20	19	19
Bank Overdrafts	1 446 639	1 597 518	1 514 090	1 103 539
Comprehensive Income Expense	-589 180	343 764	350 308	-596 287
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws		-2 063
Deferred Tax Liabilities		-30 069	-30 069	51 932
Disposals Decrease In Amortisation Impairment Intangible Assets		53 230
Disposals Decrease In Depreciation Impairment Property Plant Equipment		2 618 249
Disposals Intangible Assets		53 230
Disposals Property Plant Equipment		2 760 433
Finance Lease Liabilities Present Value Total	464	464
Finance Lease Payments Owing Minimum Gross	4 637	646
Finished Goods	3 028 581	3 199 189	2 720 348	2 612 876
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax		-7 690
Further Item Increase Decrease In Provisions Component Total Increase Decrease In Provisions		10 021		7 977
Further Operating Expense Item Component Total Operating Expenses	-30 000	-35 000	-106 477	-85 000
Future Finance Charges On Finance Leases	546	182
Gain Loss On Disposals Other Non-current Assets	-1 083 012	-1 151
Gain Loss On Disposals Property Plant Equipment		-9 679	153 394	-550
Increase From Amortisation Charge For Year Intangible Assets		1 845		407
Intangible Assets	3 363	1 518	407
Intangible Assets Gross Cost	60 956	7 726	7 726
Interest Expense On Bank Overdrafts	128 823	96 485	53 308	40 023
Nominal Value Allotted Share Capital	1 000	1 000	1 000	1 000
Number Shares Issued Fully Paid		1 000		1 000
Other Deferred Tax Expense Credit		18 572	7 744	-4 552
Other Investments Other Than Loans	2 550	-2 000	550	6 000
Par Value Share		1		1
Provisions	40 853	34 446	116 920	35 345
Provisions For Liabilities Balance Sheet Subtotal	40 853	34 446	116 920	35 345
Tax Decrease Increase From Effect Revenue Exempt From Taxation	1 836	1 836	32 491
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-77 838	-82 478
Tax Increase Decrease From Effect Capital Allowances Depreciation		1 410
Tax Increase Decrease From Effect Expenses Not Deductible For Tax Purposes Other Than Goodwill Amortisation Impairment	216 601
Tax Increase Decrease From Other Short-term Timing Differences		4 790
Tax Increase Decrease From Other Tax Effects Tax Reconciliation	21 442
Total Additions Including From Business Combinations Property Plant Equipment		315 679		94 554
Value-added Tax Payable	306 328	291 274	376 811	210 197