Scott Timber Limited in Dunfermline, KY11 8RY

Description

Data updated on: 01-11-2023

This firm called Scott Timber was founded on 1987-06-15 as a Private Limited Company. The enterprise's head office can be found at Dunfermline on Unit 7, Halbeath Interchange Business Park Kingseat Road, Halbeath. When you need to contact this business by post, its zip code is KY11 8RY. The company reg. no. for Scott Timber Limited is SC105196. The enterprise's Standard Industrial Classification Code is 16290 which stands for Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials. The latest filed accounts documents were submitted for the period up to 2022-12-31 and the latest confirmation statement was submitted on 2023-07-14.

Scott Timber Ltd is a small-sized vehicle operator with the licence number OB2005674. The firm has one transport operating centre in the country. In their subsidiary in Darlington on Cock Lane, 5 machines and 2 trailers are available.

We have a team of four directors controlling the following limited company at the current moment, specifically Alan M., Scott G., Kevin M. and Robert M. who have been utilizing the directors duties since 2023.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31
Currency

Balance Sheet
Cash Bank On Hand	1 434 803	614 739	2 377 711	1 706 707
Current Assets	38 691 829	35 147 544	38 927 652	72 811 209
Debtors	26 271 223	26 062 300	27 482 385	49 467 453
Net Assets Liabilities	18 751 526	26 570 909	13 885 724	13 885 724
Other Debtors	271 071	197 473	181 486	3 490 347
Property Plant Equipment	5 896 129	6 325 984	6 162 683	9 129 674
Total Inventories	10 960 899	8 445 601	9 042 652	21 637 049

Other Financial Data
Audit Fees Expenses	50 492	31 615	61 875	78 549
Accrued Liabilities Deferred Income	5 091 150	5 223 452	7 432 335	10 223 521
Accumulated Amortisation Impairment Intangible Assets	4 315 707	4 736 791	5 297 254	6 079 533
Accumulated Depreciation Impairment Property Plant Equipment	11 718 513	13 649 953	13 348 787	14 554 584
Acquired Through Business Combinations Property Plant Equipment		885 139	785 770
Additions Other Than Through Business Combinations Intangible Assets			3 638 755
Additions Other Than Through Business Combinations Property Plant Equipment		1 676 228	1 023 859	2 459 493
Administrative Expenses	14 283 583	14 852 324	15 279 928	21 253 942
Amortisation Expense Intangible Assets	1 549 255	421 084	560 463	782 279
Amounts Owed By Group Undertakings	98 424	1 255 173	1 317 792	119 097
Amounts Owed To Group Undertakings	6 142 937	4 540 258	21 723 138	20 292 760
Average Number Employees During Period	629	637	661	937
Balances Amounts Owed To Related Parties		2 347 333	2 084 185	859 555
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	1 494 928	1 752 689	1 408 394	1 868 504
Corporation Tax Payable	724 951	1 171 534	2 267 680	1 529 876
Cost Sales	89 028 687	96 311 623	87 850 841	138 414 823
Creditors	1 224 567	1 191 409	941 863	1 150 432
Current Asset Investments	24 904	24 904	24 904
Current Tax For Period	1 404 757	1 507 537	1 797 596	3 791 252
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	-3 177	-111 537		87 096
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws			52 927
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	253 599	29 193	-112 721	503 605
Depreciation Expense Property Plant Equipment	641 446	785 717	1 085 549	1 440 552
Dividend Income From Group Undertakings	4 048 711	2 632 294	6 599 563	13 596 682
Dividends Paid			20 000 000	12 885 342
Dividends Paid On Shares Final			20 000 000	12 885 342
Finance Lease Liabilities Present Value Total	492 557	566 637	425 424	742 326
Finance Lease Payments Owing Minimum Gross	1 081 067	932 122	630 625	1 055 694
Finished Goods Goods For Resale	3 205 101	2 820 162	2 993 347	4 303 811
Fixed Assets	31 923 734	32 314 730	32 307 654	18 031 588
Further Item Creditors Component Total Creditors	732 010	624 772	516 439	408 106
Further Item Deferred Expense Credit Component Total Deferred Tax Expense	-3 177	-111 537		87 096
Further Item Tax Increase Decrease Component Adjusting Items	32 551	120 939	165 064	-79 768
Future Minimum Lease Payments Under Non-cancellable Operating Leases	7 856 703	5 446 896	11 173 427	12 404 610
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-7 083	-3 943	-86 470	618
Gain Loss On Disposals Property Plant Equipment	4 374	-7 724	-163 343	134 120
Government Grant Income	112 155	111 073	1 120 303	126 062
Gross Profit Loss	19 771 035	21 516 073	22 282 193	40 903 139
Impairment Loss Property Plant Equipment		563 302
Impairment Loss Reversal On Investments	2 316 518	225 303	5 826 858	16 463 215
Income From Related Parties	734 084	558 752	585 918	1 895 682
Increase Decrease In Current Tax From Adjustment For Prior Periods	-7 171	29 606	-24 720	-15 935
Increase From Amortisation Charge For Year Intangible Assets		421 084	560 463	782 279
Increase From Depreciation Charge For Year Property Plant Equipment		1 409 073	1 657 968	1 708 477
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment		563 302
Intangible Assets	2 605 842	2 184 758	5 263 050	8 898 206
Intangible Assets Gross Cost	6 921 549	6 921 549	10 560 304	14 977 739
Interest Expense On Debt Securities In Issue Other Similar Loans	283 030	270 921	122 504	198 131
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	77 979	48 210	28 696	16 280
Interest Income On Bank Deposits	10
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	10
Interest Payable Similar Charges Finance Costs	466 009	426 108	211 813	216 489
Investments Fixed Assets	23 421 763	23 803 988	20 881 921	3 708
Investments In Subsidiaries	23 421 763	23 803 988	20 881 921	3 708
Net Current Assets Liabilities	-11 415 421	-4 033 246	-17 020 695	-1 945 359
Net Finance Income Costs	4 048 721	2 632 294
Number Shares Issued Fully Paid		5 000	5 000	5 000
Operating Profit Loss	5 861 875	7 293 299	8 372 191	20 254 614
Other Creditors	7 248 647	4 448 405	3 048 846	1 097 576
Other Deferred Tax Expense Credit			-94 814	-79 768
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		40 935	1 959 134	502 680
Other Disposals Property Plant Equipment		200 072	2 274 096	746 835
Other Interest Expense	105 000	106 977	60 613	2 078
Other Interest Receivable Similar Income Finance Income	4 048 721	2 632 294	6 599 563	13 596 682
Other Loans Classified Under Investments	24 904	24 904	24 904
Other Operating Income Format1	374 423	629 550	1 369 926	605 417
Other Remaining Borrowings	16 114 007	10 110 898	7 376 855	15 546 495
Other Taxation Social Security Payable	1 747 908	1 578 147	3 499 729	4 407 006
Par Value Share		1	1	1
Payments To Related Parties	16 359 338	11 827 759	11 908 690	32 783 938
Pension Other Post-employment Benefit Costs Other Pension Costs	263 077	334 891	413 407	504 036
Percentage Class Share Held In Subsidiary		100	100	100
Prepayments Accrued Income	1 402 772	1 270 584	2 092 592	1 159 786
Profit Loss	5 480 061	7 819 383	7 314 815	12 885 342
Profit Loss On Ordinary Activities Before Tax	7 128 069	9 274 182	8 933 083	17 171 592
Property Plant Equipment Gross Cost	17 614 642	19 975 937	19 511 470	23 684 258
Provisions For Liabilities Balance Sheet Subtotal	532 220	519 166
Raw Materials Consumables	7 755 798	5 625 439	6 049 305	17 333 238
Social Security Costs	1 429 113	1 503 501	1 720 954	2 344 355
Staff Costs Employee Benefits Expense	18 013 065	19 712 177	23 157 023	32 319 598
Taxation Including Deferred Taxation Balance Sheet Subtotal	532 220	519 166	459 372	1 050 073
Tax Decrease Increase From Effect Revenue Exempt From Taxation	769 255	500 136
Tax Expense Credit Applicable Tax Rate	1 354 333	1 762 095	1 697 286	3 262 602
Tax Increase Decrease Arising From Group Relief Tax Reconciliation	-4 495	-739
Tax Increase Decrease From Effect Dividends From Companies		-500 136	-1 253 917	-2 583 370
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	542 313	156 745	1 107 524	3 130 489
Tax Increase Decrease From Other Short-term Timing Differences	2 459	1 261	38 209	66 407
Tax Tax Credit On Profit Or Loss On Ordinary Activities	1 648 008	1 454 799	1 618 268	4 286 250
Total Assets Less Current Liabilities	20 508 313	28 281 484	15 286 959	16 086 229
Total Borrowings	16 114 007	10 110 898	7 376 855	15 546 495
Total Current Tax Expense Credit	1 397 586	1 537 143	1 772 876	3 775 317
Total Deferred Tax Expense Credit	250 422	-82 344	-154 608	510 933
Total Operating Lease Payments	2 111 587	2 872 519	2 698 970	3 768 208
Trade Creditors Trade Payables	12 449 140	11 742 611	10 394 563	21 345 966
Trade Debtors Trade Receivables	24 498 956	23 339 070	23 890 515	44 698 223
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Intangible Assets				-4 417 435
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment				-2 460 130
Turnover Revenue	108 799 722	117 827 696	110 133 034	179 317 962
Voting Power In Subsidiary If Different From Ownership Interest Percent			100	100
Wages Salaries	16 320 875	17 873 785	21 022 662	29 471 207
Company Contributions To Defined Benefit Plans Directors	31 748	23 463	43 684	20 750
Director Remuneration	724 451	608 011	569 956	587 838
Director Remuneration Benefits Including Payments To Third Parties	756 199	631 474	613 640	608 588