Scot Young Research Limited in West Midlands, DY9 8HG

Description

Data updated on: 01-11-2023

Scot Young Research has been in this business field for at least seventy four years. Registered under company registration number 00481830, the company is listed as a Private Limited Company. You may visit the headquarters of the firm during business times at the following address: Lye By Pass Lye Stourbridge, DY9 8HG West Midlands. Although lately it's been known as Scot Young Research Limited, it previously was known under a different name. It was known under the name Scot Young Research until 2000-01-28, at which point it was changed to Syr. The final switch came on 2005-03-22. The enterprise's registered with SIC code 22290 - Manufacture of other plastic products. 2022-08-31 is the last time when the accounts were reported.

Having four recruitment offers since June 19, 2014, the corporation has been relatively active on the job market. On October 15, 2014, it started recruiting new employees for a full time Labourer/Cell Feeder position in Stourbridge, and on June 19, 2014, for the vacant position of a full time Despatch/Warehouse Operative in Stourbridge. They employ employees on such positions as: Assembly Operative and Packer.

Council London Borough of Hounslow can be found among the counter parties that cooperate with the company. In 0201, this cooperation amounted to at least 1,148 pounds of revenue. Cooperation with the London Borough of Hounslow council covered the following areas: Cleaning And Domestic Supplies.

As stated, this firm was built in 1950-05-05 and has been governed by twelve directors, out of whom three (Sally S., Gareth D. and Lee Y.) are still participating in the company's duties. In order to find professional help with legal documentation, the firm has been utilizing the skillset of Gareth D. as a secretary since 2023.

Previous company's names
Scot Young Research Limited 2005-03-22
Syr Ltd 2000-01-28
Scot Young Research Limited 1950-05-05

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-08-31	2016-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31
Currency

Balance Sheet
Cash Bank On Hand	2 519 665	2 624 328	5 557 860	4 747 034	3 512 720	1 383 976
Current Assets	9 026 223	9 803 832	13 662 259	13 187 745	12 038 247	11 222 416
Debtors	4 647 079	5 020 914	5 897 230	5 200 592	5 961 664	6 162 420
Net Assets Liabilities	7 622 986	8 929 540	11 860 279	12 413 505	11 953 093	11 860 233
Other Debtors			1 260 259	754 241	44 382	515 442
Property Plant Equipment	3 381 063	3 441 949	3 547 386	4 795 268	5 500 081	5 782 614
Total Inventories	1 859 479	2 158 590	2 207 169	3 240 119	2 563 863	3 676 020

Other Financial Data
Audit Fees Expenses			16 500	16 500	19 500
Accrued Liabilities Deferred Income			1 325 558	1 007 478	1 128 607	1 172 007
Accumulated Depreciation Impairment Property Plant Equipment	5 216 130	5 230 755	5 385 336	5 366 166	5 544 865	5 689 611
Additions Other Than Through Business Combinations Property Plant Equipment				204 138	321 231	449 368
Administrative Expenses	4 293 696	4 140 918	4 477 157	4 723 156	4 265 980	5 177 172
Amounts Owed By Group Undertakings	267 066	282 066	714 499	282 066	846 580
Amounts Owed To Group Undertakings	364 698	364 698	364 698	364 698	365 404	386 387
Average Number Employees During Period			120	121	115	123
Balances Amounts Owed To Related Parties					364 698
Bank Borrowings	2 790 413	1 599 295	1 192 594	2 245 426	1 476 010	782 214
Bank Borrowings Overdrafts	964 483	747 010	1 091 082	1 449 299	317 849	116 954
Cash Cash Equivalents				6 190 499	4 920 284	2 281 374
Cash Cash Equivalents Cash Flow Value	2 519 665		5 557 860	4 747 034	3 512 720
Comprehensive Income Expense	1 145 757	1 306 554	806 627	1 703 226	313 509	307 140
Corporation Tax Payable	113 975	257 176	145 078		513	6 039
Corporation Tax Recoverable			346 739	451 129	600 683	309 997
Cost Sales	11 337 663	11 672 243	12 338 549	12 849 725	14 295 737	17 494 108
Creditors	964 483	747 010	1 091 082	1 449 299	1 158 161	5 346 674
Current Tax For Period	115 531	194 753	129 199	-56 391	-23 185	37 253
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-13 426	16 090	32 871	-110 358
Depreciation Expense Property Plant Equipment	406 457	428 650	441 641	337 573	295 556
Depreciation Impairment Expense Property Plant Equipment			441 641	337 573	295 556
Distribution Costs	333 356	307 249	335 565	275 149	195 282	213 628
Dividends Paid				1 150 000	975 000
Dividends Paid Classified As Financing Activities				-1 150 000	-975 000	-400 000
Dividends Paid On Shares Interim				1 150 000	975 000
Double Taxation Relief				-347
Fixed Assets	4 047 121	4 108 007	4 213 444	5 461 326	6 367 218	6 649 751
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities			-663 256	-1 052 832	769 416
Further Item Interest Expense Component Total Interest Expense		3		5 025
Further Item Tax Increase Decrease Component Adjusting Items			65		26 293	165 731
Future Minimum Lease Payments Under Non-cancellable Operating Leases	26 534	39 795	126 943	104 932	43 499
Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income					96 084	182 921
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	191 648	570 996	-738 184	703 702	-509 695
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-180 565	-311 335	480 151	-801 028	611 518
Gain Loss In Cash Flows From Change In Inventories			-16 685	1 032 950	-676 256
Gain Loss On Disposals Property Plant Equipment			3 199	6 988	26 667	-1 081
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income			243 760	1 634 746	679 138	428 547
Government Grant Income				268 036	89 710	128 748
Gross Profit Loss	4 957 776	5 669 618	5 156 593	4 399 133	3 564 922	3 736 118
Income From Related Parties	402 537	252 182	208 320	89 833	180 913
Income Taxes Paid Refund Classified As Operating Activities	-44 477	-114 052	-152 009	-193 424	-116 239	327 314
Income Tax Expense Credit On Components Other Comprehensive Income						110 358
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	703 548	104 663	-1 456 952	810 825
Increase Decrease In Cash Cash Equivalents From Foreign Exchange Differences					54 026	182 921
Increase Decrease In Current Tax From Adjustment For Prior Periods	-96 852		65		-10 370	-68 355
Increase From Depreciation Charge For Year Property Plant Equipment		454 391		337 573	295 556	558 149
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings			54 272	67 535	58 362	68 831
Interest Income On Bank Deposits			6 679	4 759	1 480	3 546
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss			6 679	4 759	1 480
Interest Paid Classified As Operating Activities	-72 650	-57 118			-58 362	-66 138
Interest Payable Similar Charges Finance Costs	79 207	60 365	54 272	72 560	58 362	66 138
Interest Received Classified As Investing Activities			-6 679	-4 759	-1 480	-3 546
Investments			666 058	666 058	666 058
Investments Fixed Assets	666 058	666 058	666 058	666 058	666 058	867 137
Investments In Associates					867 137	867 137
Key Management Personnel Compensation Total			306 145	335 813	374 854
Net Cash Flows From Used In Financing Activities	582 103	1 191 118	-663 256	97 168
Net Cash Flows From Used In Investing Activities	295 099	408 953	439 481	-61 039
Net Cash Flows From Used In Operating Activities	-1 580 750	-1 704 734	-1 233 177	774 696	-803 186
Net Cash Generated From Operations	-1 704 434	-1 879 151	-1 439 458	508 712	-977 787	1 496 570
Net Current Assets Liabilities	4 733 257	5 770 314	8 798 514	8 478 165	7 297 250
Net Finance Income Costs			6 679	4 759	1 480	3 546
Net Interest Paid Received Classified As Operating Activities			-54 272	-72 560	-58 362
Operating Profit Loss	1 129 741	1 572 041	726 298	96 327	134 465	-769 782
Other Comprehensive Income Expense Before Tax					775 222	501 110
Other Creditors	51 558	69 127	1 728 846	1 420 673	1 583 585	1 934 533
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				32 874	76 800	207 102
Other Disposals Property Plant Equipment				286 304	76 800	244 335
Other Interest Receivable Similar Income Finance Income	1 846	2 164	6 679	4 759	1 480	3 546
Other Operating Income Format1	799 017	350 590	382 427	695 499	1 030 805
Other Taxation Social Security Payable	242 182	276 500	195 470	188 886	296 677
Payments To Related Parties	77 598	64 619	1 363	3 924
Pension Other Post-employment Benefit Costs Other Pension Costs			37 787	52 152	47 541	50 526
Percentage Class Share Held In Associate		49				49
Percentage Class Share Held In Subsidiary		100				100
Prepayments Accrued Income			326 144	385 272	440 458	756 935
Proceeds From Sales Property Plant Equipment	-400	-10 042	-4 668	-260 418	-26 667
Profit Loss	1 145 757	1 210 225	562 867	68 480	78 027	-11 049
Profit Loss On Ordinary Activities Before Tax	1 052 380	1 413 840	678 705	28 526	77 583	-1 495 298
Property Plant Equipment Gross Cost	8 597 193	8 672 704	8 932 722	10 161 434	11 044 946	11 472 225
Purchase Property Plant Equipment	-297 345	-421 159	-450 828	-204 138	-321 231
Raw Materials Consumables			2 207 169	3 240 119	2 563 863	3 676 020
Research Development Expense Recognised In Profit Or Loss			294 823	572 628	254 190
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment		-357 486		-323 869	-40 057	-206 301
Social Security Costs			17 348	330 062	246 274	270 955
Staff Costs Employee Benefits Expense			3 173 938	3 373 008	3 289 343	3 532 896
Taxation Including Deferred Taxation Balance Sheet Subtotal			60 597	76 687	109 558
Tax Decrease From Utilisation Tax Losses					7 906	7 701
Tax Decrease Increase From Effect Revenue Exempt From Taxation						-20 000
Tax Expense Credit Applicable Tax Rate	216 590	282 768	128 954	5 420	14 741
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit						-36 801
Tax Increase Decrease From Effect Capital Allowances Depreciation	21 881	18 024	23 736	7 611
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	-122 940	-106 039	-36 917	-65 259	-31 348	49 309
Tax Increase Decrease From Effect Foreign Tax Rates				347	240	-35 921
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward				11 927	81 796	269 619
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-93 377	203 615	115 838	-39 954	-444	-141 460
Total Assets Less Current Liabilities	8 780 378	9 878 321	13 011 958	13 939 491	13 463 389
Total Borrowings			1 091 082	1 449 299	317 849	116 954
Total Current Tax Expense Credit	18 679	194 753	129 264	-56 044	-33 315	-68 355
Total Increase Decrease From Revaluations Property Plant Equipment		-261 158		1 310 878	639 081	222 246
Trade Creditors Trade Payables	679 058	781 663	1 002 583	931 718	1 050 099	1 630 349
Trade Debtors Trade Receivables	3 521 121	3 355 309	3 249 589	3 283 680	4 029 561	3 836 091
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment				-248 597	-99 825	-84 267
Transfers To From Retained Earnings Increase Decrease In Equity			20 942	-18 744
Turnover Revenue	16 295 439	17 341 861	17 495 142	17 248 858	17 860 659	21 230 226
Wages Salaries			3 118 803	3 219 424	2 995 528	3 211 415
Company Contributions To Defined Benefit Plans Directors			1 903	2 629	2 634
Director Remuneration	135 463	140 893	181 263	214 087	202 483
Director Remuneration Benefits Including Payments To Third Parties			183 166	216 716	205 117
Number Directors Accruing Benefits Under Money Purchase Scheme	2	2
Accrued Liabilities	1 015 565	1 432 069
Accumulated Amortisation Impairment Intangible Assets	100 000
Additional Provisions Increase From New Provisions Recognised		8 862
Applicable Tax Rate	21	20
Depreciation Amortisation Expense	460 004	454 392
Disposals Decrease In Depreciation Impairment Property Plant Equipment		82 280
Disposals Property Plant Equipment		84 490
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax		96 329
Further Operating Expense Item Component Total Operating Expenses	59 289	6 439
Gain Loss Before Tax On Sale Discontinued Operations		-100 000
Gain Loss On Disposal Assets Income Statement Subtotal	-552	10 042
Increase Decrease Due To Transfers Between Classes Property Plant Equipment		237 105
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	-89 437	299 111
Intangible Assets Gross Cost	100 000
Interest Expense On Bank Loans Similar Borrowings	28 101	24 000
Interest Expense On Bank Overdrafts	44 549	33 115
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	6 557	3 247
Loans Owed By Related Parties	550 455	204 549
Loans Owed To Related Parties	-9 163	-4 740
Merchandise	1 859 479	2 158 590
Net Assets Liabilities Associates	-2 883 774	-4 297 828
Net Assets Liabilities Subsidiaries	-607 854	57 929
Net Interest Received Paid Classified As Investing Activities	-1 846	-2 164
Number Shares Issued Fully Paid		100
Other Comprehensive Income Expense Net Tax		96 329
Other Deferred Tax Expense Credit	-112 056	8 862
Other Investments Other Than Loans	914 383	901 383
Par Value Share		1
Prepayments	94 858	316 293
Proceeds From Borrowings Classified As Financing Activities	-48 429
Profit Loss From Continuing Operations Associates	285 246	922 934
Profit Loss Subsidiaries	121 056	-30 236
Provisions	192 909	201 771
Provisions For Liabilities Balance Sheet Subtotal	192 909	201 771
Repayments Borrowings Classified As Financing Activities	-630 532	-1 191 118
Restructuring Costs		-13 001
Tax Increase Decrease From Other Short-term Timing Differences	-112 056	8 862
Total Additions Including From Business Combinations Property Plant Equipment		421 159

Company staff

Sally S.

Role: Director

Appointed: 02 January 2024

Latest update: 22 January 2024

Gareth D.

Role: Secretary

Appointed: 07 July 2023

Latest update: 22 January 2024

Gareth D.

Role: Director

Appointed: 08 November 2018

Latest update: 22 January 2024

The companies that control this firm are: Scot Young Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Brampton at Automatic Road, Units 5 & 6, On. L6S 5N5.

Scot Young Ltd

Address: 18 Automatic Road, Units 5 & 6, Brampton, On. L6s 5n5, Canada

Legal authority Corporations Act

Legal form Limited Company

Notified on 20 October 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Accounts Documents

Account next due date	31 May 2024
Account last made up date	31 August 2022
Confirmation statement next due date	03 November 2024
Confirmation statement last made up date	20 October 2023

Annual Accounts
Start Date For Period Covered By Report	01 September 2015
End Date For Period Covered By Report	31 August 2016
Annual Accounts
Start Date For Period Covered By Report	01 September 2015
End Date For Period Covered By Report	31 August 2016
Annual Accounts
Start Date For Period Covered By Report	01 September 2015
End Date For Period Covered By Report	31 August 2016
Annual Accounts
Start Date For Period Covered By Report	01 September 2015
End Date For Period Covered By Report	31 August 2016

Labourer/Cell Feeder in Stourbridge, posted on Wednesday 15th October 2014
Region / City	Midlands, Stourbridge
Industry	Uncategorised manufacturing services
Salary	£6.54 per hour
Experience	at least two years
Job type	full time
Career level	none
Job reference code	T3ANIQ


Packer in Stourbridge, posted on Tuesday 19th August 2014
Region / City	Midlands, Stourbridge
Industry	Other manufacturing services
Salary	£6.38 per hour
Job type	full time
Career level	none
Application by email	jacquie.taylor@syrclean.com


Assembly Operative in Stourbridge, posted on Thursday 19th June 2014
Region / City	Midlands, Stourbridge
Industry	Uncategorised manufacturing services
Salary	£6.38 per hour
Job type	full time
Career level	none
Job contact info	Marie Brown


Despatch/Warehouse Operative in Stourbridge, posted on Thursday 19th June 2014
Region / City	Midlands, Stourbridge
Industry	Uncategorised manufacturing services
Salary	£6.70 per hour
Experience	at least one year
Job type	full time
Career level	experienced (non-managerial)
Job reference code	T3ANIQ2NSF

Year / Transaction date	Council / Department / Transaction ID	No. of trans.	Total trans. value
0201	London Borough of Hounslow	2	£ 1 148.00
0201-07-18	3953355		£ 615.20	Cleaning And Domestic Supplies
0201-01-09	3991082		£ 532.80	Cleaning And Domestic Supplies

Scot Young Research Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Sally S.

Gareth D.

Gareth D.

Lee Y.

Gemma W.

Sally S.

Kimberley Y.

Surjinder D.

Lee S.

Dave D.

Roy H.

Nicola R.

Samuel M.

Anthony J.

Leonard B.

Scot Y.

Raymond G.

People with significant control

Scot Young Ltd

Accounts Documents

Jobs and Vacancies at Scot Young Research Ltd

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