Scorpio Systems Limited in Telford, TF3 3BJ

Description

Data updated on: 01-11-2023

Scorpio Systems came into being in 1989 as a company enlisted under no 02370211, located at TF3 3BJ Telford at Unit 10. The firm has been in business for 35 years and its status at the time is active. The firm's principal business activity number is 46690 - Wholesale of other machinery and equipment. Scorpio Systems Ltd reported its latest accounts for the period up to 2022-04-30. The most recent annual confirmation statement was filed on 2022-11-05.

At the moment, there’s a solitary director in the company: William C. (since 1991-04-10). For one year Marion C., had been functioning as a director for the company until the resignation 12 years ago. As a follow-up another director, namely Ian K. gave up the position on 2009-12-07.

William C. is the individual with significant control over this firm, owns over 3/4 of company shares.

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	10 099	10 920	10 973	18 043	18 486	40 446

Balance Sheet
Cash Bank On Hand						487	84	8 177	550	474	25 644	781	298
Current Assets	376 567	300 094	402 288	458 030	459 747	361 001	436 274	487 464	478 974	449 772	575 068	604 652	539 596
Debtors	229 651	195 267	236 140	251 391	251 391	149 446	211 751	297 868	198 925	153 946	317 177	256 275	286 179
Net Assets Liabilities						40 446	40 656	174 236	203 704	203 734	207 421	176 579	165 358
Other Debtors												100 616	32 251
Property Plant Equipment						9 097	34 086	33 382	31 369	28 363	16 312	-83 077	24 086
Total Inventories						211 068	224 439	181 419	279 499	295 352	232 247	246 980	253 119
Cash Bank In Hand	353	4	148	875	875	487
Net Assets Liabilities Including Pension Asset Liability	10 099	10 920	10 973	18 486	18 486	40 446
Stocks Inventory	146 563	104 823	166 000	212 041	205 764	211 068
Tangible Fixed Assets	14 209	12 591	8 284	5 420	5 420	9 097

Capital & Reserves
Called Up Share Capital	56	56	40	40	43	43
Profit Loss Account Reserve	9 983	10 804	10 873	18 383	18 383	40 343
Shareholder Funds	10 099	10 920	10 973	18 043	18 486	40 446

Other Financial Data
Accrued Liabilities													3 294
Accumulated Amortisation Impairment Intangible Assets								208	2 708	6 908	12 808	19 646	28 600
Accumulated Depreciation Impairment Property Plant Equipment						65 159	71 910	29 742	27 860	39 929	52 310	61 440	61 440
Additions Other Than Through Business Combinations Property Plant Equipment							31 740	11 671	8 436	9 291	330	17 881	107 163
Amortisation Rate Used For Intangible Assets								25	25	25	25	25
Amounts Owed By Group Undertakings Participating Interests													72 538
Amounts Owed To Group Undertakings Participating Interests													-22 538
Average Number Employees During Period						11	15	14	16	19	12	15	10
Bank Borrowings													106 875
Bank Borrowings Overdrafts													73 987
Creditors						309 250	426 853	366 786	328 598	296 271	176 978	213 950	287 691
Depreciation Rate Used For Property Plant Equipment							25	20	20	20	20	20
Disposals Decrease In Depreciation Impairment Property Plant Equipment								50 948	11 709	228		10 397
Disposals Property Plant Equipment								54 543	12 331	228		10 814
Equity Securities Held												10 000	-10 000
Fixed Assets	64 209	62 591	58 284	50 058	45 420	44 097	64 086	68 174	58 661	55 055	37 104	-64 123	24 086
Increase From Amortisation Charge For Year Intangible Assets								208	2 500	4 200	5 900	6 838	8 954
Increase From Depreciation Charge For Year Property Plant Equipment							6 751	8 780	9 827	12 297	12 381	9 130
Intangible Assets								9 792	7 292	11 692	10 792	8 954
Intangible Assets Gross Cost								10 000	10 000	18 600	23 600	28 600	28 600
Investments						35 000	30 000	25 000	20 000	15 000	10 000	10 000
Investments Fixed Assets		50 000	50 000	40 000	40 000	35 000	30 000	25 000	20 000	15 000	10 000	5 000
Loans From Directors													36 265
Net Current Assets Liabilities	34 460	51 828	117 225	91 018	55 296	48 003	9 421	120 678	150 376	153 501	398 090	390 702	251 905
Other Creditors													18 598
Prepayments Accrued Income													6 319
Property Plant Equipment Gross Cost						74 256	105 996	63 124	59 229	68 292	68 622	-21 637	85 526
Taxation Including Deferred Taxation Balance Sheet Subtotal						749	5 008	8 209	5 333	4 822	2 773	2 107	3 758
Taxation Social Security Payable													-38 665
Total Additions Including From Business Combinations Intangible Assets								10 000		8 600	5 000	5 000
Total Assets Less Current Liabilities	98 669	114 419	175 509	100 716	100 716	92 100	73 507	188 852	209 037	208 556	435 194	326 579	275 991
Trade Creditors Trade Payables												150 000	200 925
Trade Debtors Trade Receivables												256 275	175 071
Value-added Tax Payable												213 950	15 825
Advances Credits Directors								16	24	3 656	30 505	60 000
Advances Credits Made In Period Directors								16	8	3 680	26 849
Creditors Due After One Year Total Noncurrent Liabilities	86 037	103 499
Creditors Due Within One Year Total Current Liabilities	342 107	248 266
Other Aggregate Reserves	60	60	60	60	60	60
Provisions For Liabilities Charges	2 533		840	87	87	749
Tangible Fixed Assets Additions		5 544	1 875	2 135		6 236
Tangible Fixed Assets Cost Or Valuation	60 993	65 330	67 205	69 340	68 020	74 256
Tangible Fixed Assets Depreciation	46 784	52 739	58 921	62 600	63 043	65 159
Tangible Fixed Assets Depreciation Charge For Period		6 257
Tangible Fixed Assets Depreciation Disposals		-302
Tangible Fixed Assets Disposals		-1 207
Total Investments Fixed Assets	50 000	50 000
Creditors Due After One Year		103 499	163 696	82 143	82 143	50 905
Creditors Due Within One Year		248 266	285 063	402 734	402 734	312 998
Number Shares Allotted		56	40	40	1	1
Par Value Share			1	1	1	1
Share Capital Allotted Called Up Paid		56	40	40	1	1
Tangible Fixed Assets Depreciation Charged In Period			6 182	5 361	443	2 559