Simpson, Mclearnon & Ferguson Limited in Newtownards, BT23 4TJ

Description

Data updated on: 01-11-2023

Simpson, Mclearnon & Ferguson Limited has existed on the local market for 44 years. Started with Registered No. NI014479 in the year 1980, the firm is based at 1 Kiltonga Industrial Estate, Newtownards BT23 4TJ. The enterprise's Standard Industrial Classification Code is 47650: Retail sale of games and toys in specialised stores. Sat, 31st Dec 2022 is the last time company accounts were filed.

Our information describing the following company's MDs shows us there are four directors: Mark S., Andrew A., Kris S. and Alan S. who joined the team on 2021-10-01, 1980-09-02. Additionally, the managing director's efforts are constantly assisted with by a secretary - Alan S., who joined this specific firm in December 2014.

Alan S. is the individual who controls this firm, has substantial control or influence over the company, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	1 863 504	1 900 414

Balance Sheet
Cash Bank On Hand			387 461	681 907	857 825	1 696 042	1 918 312	2 761 839	4 754 182	4 226 826
Current Assets	3 826 600	3 882 466	3 813 391	4 679 627	4 747 688	5 656 631	6 267 785	7 961 375	9 807 917	10 778 833
Debtors	1 286 806	1 164 470	1 229 388	1 257 000	1 184 863	900 589	845 715	598 241	663 735	1 317 726
Net Assets Liabilities			2 179 200	2 392 941	2 598 610	2 888 433	3 206 770	3 568 970	4 762 748	5 558 438
Other Debtors	113 843	161 057		50 000	117 183	68 505	206 497	453 932	451 920	851 990
Property Plant Equipment			939 988	938 960	928 097	949 296	1 020 519	846 067	831 375	752 191
Total Inventories			1 996 240	2 740 720	2 705 000	3 060 000	3 503 758	4 601 295	4 390 000	5 234 281
Cash Bank In Hand	180 094	195 394
Net Assets Liabilities Including Pension Asset Liability	1 863 504	1 900 414
Stocks Inventory	2 049 155	2 256 416
Tangible Fixed Assets	954 412	954 406
Trade Debtors	1 007 963	838 413

Capital & Reserves
Called Up Share Capital	10	5
Profit Loss Account Reserve	1 863 494	1 900 404
Shareholder Funds	1 863 504	1 900 414

Other Financial Data
Audit Fees Expenses	6 000	7 500	7 000	5 500	7 000	7 000	7 500	7 000	7 500	9 700
Accumulated Depreciation Impairment Property Plant Equipment			540 340	624 523	714 328	811 745	938 806	1 283 785	1 050 952	1 152 666
Additional Provisions Increase From New Provisions Recognised					2 156
Additions Other Than Through Business Combinations Property Plant Equipment				83 155	78 942	118 616	198 284	170 527
Administration Support Average Number Employees	8		10	10	9	9	13	12
Administrative Expenses	2 027 107		2 189 436	2 606 742	2 988 340	3 507 062	4 637 289	4 653 559	5 704 111	6 274 852
Amounts Owed By Related Parties			165 000
Amount Specific Bank Loan			77 104	40 074				1 000 000
Applicable Tax Rate			20	20	19	19	19	19	19	19
Average Number Employees During Period	95		96	105	141	147	185	211	240	246
Balances Amounts Owed By Related Parties			357 448	516 975	469 934	347 080	93 000
Balances With Banks			387 461	681 907	857 825	1 696 042	1 918 312	2 761 839
Bank Borrowings			38 560	1 530				883 340
Cash Cash Equivalents Cash Flow Value			195 394	387 461	681 907	1 696 042	1 918 312		4 754 182	4 224 783
Cash Flows From Disposal Or Reduction In Control Over Subsidiaries Or Other Businesses							1 000
Comprehensive Income Expense			278 786	218 741	231 674	319 823	375 337	436 200	1 338 278	965 690
Consideration Received For Shares Issued In Period					995
Cost Sales	4 930 030		5 442 779	5 753 286	5 647 277	6 424 591	7 747 366	6 300 118	8 951 222	12 409 342
Creditors			239 004	101 530	3 043 175	3 673 946	4 019 273	883 340	60 972	6 011 224
Current Asset Investments	310 545	266 186	200 302
Current Tax For Period			63 200	51 384	56 032	79 000	84 897	150 457	301 377	199 614
Decrease In Loans Owed By Related Parties Due To Loans Repaid				-150 000	-100 000
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			4 047	6 282	2 156	9 548	18 711	12 259
Deferred Tax Liabilities			25 564	31 846	34 002	43 550	62 261	74 520
Depreciation Amortisation Expense			78 786	84 183	89 805	97 417	127 061	132 101	160 630	148 864
Depreciation Expense Property Plant Equipment			78 786	84 183	89 805	97 417	127 061	132 101	160 630	148 104
Dividend Per Share Interim				1 000	5 000	2 000	11 000	12 000
Dividends Paid				-5 000	-27 000	-30 000	-57 000	-74 000	144 500	170 000
Dividends Paid Classified As Financing Activities				-5 000	-27 000	-30 000	-57 000	-74 000	-144 500	-170 000
Dividends Paid On Shares Interim				5 000	27 000	30 000	57 000	74 000
Finance Lease Liabilities Present Value Total			2 667	444					60 972	61 835
Finance Lease Payments Owing Minimum Gross			3 111	444
Fixed Assets	954 414	954 408	939 990	938 962	928 099	949 298	1 020 519		843 855	868 527
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities			100 000	-100 000	-100 000			1 000 000
Further Item Non-operating Gain Loss Before Tax Income Statement Item Component Profit Or Loss Before Tax			44 359
Further Revenue Item Component Total Revenue								813 365
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			432 797	-796 697	14 756	-607 801	-339 329	-78 750	1 427 818	306 131
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			64 918	27 612	-72 137	-284 274	-54 874	-247 474	-65 494	-653 991
Gain Loss In Cash Flows From Change In Inventories			-260 176	744 480	-35 720	355 000	443 758	1 097 537
Gain Loss On Disposal Investments In Subsidiaries Associates Joint Ventures			11 555	-20 576			-998
Government Grant Income								813 365
Gross Profit Loss	2 337 379		2 494 287	2 830 889	3 245 047	3 918 603	5 129 137	5 258 171	6 010 911	7 434 503
Income From Related Parties			447 073	426 548	20 000	-122 855	44 047	-93 000
Income Taxes Paid Refund Classified As Operating Activities			57 611	63 156	51 384	56 030	78 899	84 528	-150 929	-301 377
Increase Decrease From Total Impairment Loss Recognised Or Reversed Property Plant Equipment								212 878
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			192 067	294 446	175 918	838 217	222 270	843 527	1 992 343	-529 399
Increase Decrease In Current Tax From Adjustment For Prior Periods			-389	-44
Increase Decrease In Existing Provisions				6 282		9 548	18 711	12 259
Increase From Depreciation Charge For Year Property Plant Equipment				84 183	89 805	97 417	127 061	132 101		148 104
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment								212 878
Increase In Loans Owed By Related Parties Due To Loans Advanced				50 000
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings			20 828	11 190	16 236	7 980	15 230	8 108
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss			2 498	1 354	569
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			240	240	40				2 422	4 537
Interest Income On Bank Deposits							2 327	2 412
Interest Paid Classified As Financing Activities			-23 566	-12 784	-16 845	-7 980	-15 230	-8 108
Interest Paid Classified As Operating Activities			-20 793	12 784	16 845	7 980	15 230	8 108	-4 277	-6 151
Interest Payable Similar Charges Finance Costs			23 566	12 784	16 845	7 980	15 230	8 108	6 699	10 688
Interest Received Classified As Investing Activities							2 327	2 412
Interest Received Classified As Operating Activities							2 327	2 412
Investments Fixed Assets	2	2	2	2	2	2			12 480	116 336
Investments In Subsidiaries			2	2	2	2	-2
Issue Equity Instruments					995
Key Management Personnel Compensation Short-term Employee Benefits				46 677	47 389	47 771	51 157	49 077
Loans Owed By Related Parties		165 000	200 000	100 000
Net Cash Flows From Used In Financing Activities			37 705	-157 480	-183 369	-37 980	-72 230	917 892	1 083 528	169 137
Net Cash Flows From Used In Investing Activities			34 320	137 723	-78 942	-118 616	-194 957	-168 115	156 487	25 477
Net Cash Flows From Used In Operating Activities			120 042	314 203	438 229	994 813	489 457	93 750	-3 232 358	334 785
Net Cash Generated From Operations			177 653	377 359	489 613	1 050 843	568 356	178 278	-3 389 986	22 720
Net Cash Inflow Outflow From Operations Before Movements In Working Capital			415 192	352 754	396 512	513 768	617 911	949 591
Net Current Assets Liabilities	1 301 034	1 145 256	1 503 778	1 587 355	1 704 513	1 982 685	2 248 512	3 680 763	4 065 699	4 767 609
Nominal Value Allotted Share Capital				5	1 000	1 000	1 000	1 000
Number Shares Issued Fully Paid			5	5	1 000	1 000	1 000	1 000
Number Shares Issued In Period- Gross					995
Operating Profit Loss	310 272		324 851	289 147	306 707	416 351	491 848		1 655 737	1 159 651
Other Creditors			120 411	130 660	71 112	365	195	232 692	107 439	4 196
Other Employee Expense			5 676	7 844	7 410	7 691	9 898	14 504
Other Interest Receivable Similar Income Finance Income							2 327	2 412	1 931	8 205
Other Inventories			1 996 240	2 740 720	2 705 000	3 060 000	3 503 758	4 601 295
Other Operating Income Format1			20 000	65 000	50 000	4 810			1 348 937
Other Payables Accrued Expenses			82 700	89 295	82 183	251 929	162 975	155 811
Other Remaining Borrowings			200 000	100 000
Other Remaining Operating Income			20 000	65 000	50 000	4 810
Other Short-term Employee Benefits			3 737	6 559	7 063	7 406	8 207	6 505
Ownership Interest In Subsidiary Percent			100	100	100	100
Par Value Share		1		1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities			-2 667	-2 666	-445				60 972	863
Pension Costs Defined Contribution Plan			2 382	3 326	3 912	14 587	21 296	24 329
Prepayments			202 396	221 075	159 086	190 808	283 147	134 341
Proceeds From Issuing Shares					995
Profit Loss			278 786	218 741	231 674	319 823	375 337	436 200	1 338 278	965 690
Profit Loss On Ordinary Activities Before Tax	293 826		345 644	276 363	289 862	408 371	478 945	598 916	1 650 969	1 157 168
Property Plant Equipment Gross Cost			1 480 328	1 563 483	1 642 425	1 761 041	1 959 325	2 129 852	1 882 327	1 904 857
Provisions			25 564	31 846	34 002	43 550	62 261	74 520	85 834	77 698
Provisions For Liabilities Balance Sheet Subtotal			25 564	31 846	34 002	43 550	62 261	74 520	85 834	77 698
Purchase Property Plant Equipment			-64 368	-83 155	-78 942	-118 616	-198 284	-170 527	-203 938	-115 289
Repayments Borrowings Classified As Financing Activities			-36 062	-37 030	-40 074				-1 000 000
Revenue From Sale Goods			7 937 066	8 584 175	8 892 324	10 343 194	12 876 503	10 744 924
Sales Marketing Distribution Average Number Employees	87		86	95	132	138	172	199
Social Security Costs	62 584		54 677	63 178	65 639	75 972	103 526	109 490	125 355	153 917
Staff Costs Employee Benefits Expense			1 149 238	1 360 239	1 499 194	1 807 677	2 364 531	2 578 387	2 970 265	3 313 898
Taxation Social Security Payable			400 054	329 552	390 110	450 052	577 854	363 915
Tax Expense Credit Applicable Tax Rate			69 993	55 273	55 798	77 590	91 000	113 794	313 684	219 862
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			-2 510	2 349	2 390	10 958	12 608	48 922	33 279	1 253
Tax Increase Decrease From Other Short-term Timing Differences			-625
Tax Tax Credit On Profit Or Loss On Ordinary Activities			66 858	57 622	58 188	88 548	103 608	162 716	312 691	191 478
Total Assets Less Current Liabilities	2 255 448	2 099 664	2 443 768	2 526 317	2 632 612	2 931 983	3 269 031	4 526 830	4 909 554	5 636 136
Total Borrowings			239 004	101 530				883 340
Total Operating Lease Payments			2 680	2 580	2 743	3 086	2 850	2 897	22 592	26 964
Trade Creditors Trade Payables			1 597 487	2 449 823	2 441 011	2 885 564	3 186 217	3 244 876	3 928 617	4 020 590
Trade Debtors Trade Receivables			861 992	985 925	908 594	641 276	356 071	9 968	12 994	26 865
Turnover Revenue			7 937 066	8 584 175	8 892 324	10 343 194	12 876 503	11 558 289	14 962 133	19 843 845
Unpaid Contributions To Pension Schemes			4 550	2 569	2 727	7 034	7 032	15 729
Wages Salaries	998 868		1 082 766	1 279 332	1 415 170	1 702 021	2 221 604	2 423 559	2 814 728	3 122 303
Director Remuneration	50 754	57 481	34 000	42 000	42 000	43 000	46 000	49 077	74 369	158 950
Accrued Liabilities Deferred Income									575 210	770 278
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss										-8 136
Bank Borrowings Overdrafts	109 807	74 622								2 043
Bank Overdrafts										2 043
Corporation Tax Payable									301 377	199 614
Disposals Decrease In Depreciation Impairment Property Plant Equipment										46 390
Disposals Property Plant Equipment										92 759
Gain Loss On Disposal Assets Income Statement Subtotal										139 094
Gain Loss On Disposals Property Plant Equipment										139 094
Increase Decrease In Stocks Inventories Finished Goods Work In Progress									-211 295	844 281
Interest Expense On Bank Loans Similar Borrowings									4 277	6 151
Merchandise									4 390 000	5 234 281
Net Interest Received Paid Classified As Investing Activities									-1 931	-8 205
Other Deferred Tax Expense Credit									11 314	-8 136
Other Investments Other Than Loans									12 480	116 336
Other Taxation Social Security Payable									33 380	40 810
Pension Other Post-employment Benefit Costs Other Pension Costs									30 182	37 678
Prepayments Accrued Income									198 821	438 871
Proceeds From Sales Property Plant Equipment									-58 000	-185 463
Tax Decrease Increase From Effect Revenue Exempt From Taxation										34 563
Tax Increase Decrease From Effect Capital Allowances Depreciation									-34 272	4 926
Total Additions Including From Business Combinations Property Plant Equipment										115 289
Accruals Deferred Income Within One Year	32 001	29 013
Amount Due From To Related Party		-100 000
Amounts Owed By Group Undertakings Other Participating Interests	165 000	165 000
Capital Element Finance Lease Rental Payments	30 683
Capital Redemption Reserve		5
Cash Flow Outflow Before Management Liquid Resources Financing	144 691
Cash Flow Outflow From Capital Expenditure Financial Investment	-219 479
Cash Flow Outflow From Financing	-68 853
Cash Flow Outflow From Operating Activities	450 938
Commitments Under Non-cancellable Operating Leases Total	109 276	5 778
Corporation Tax Due Within One Year	68 500	58 000
Creditors Due After One Year	391 424	177 733
Creditors Due Within One Year	2 525 566	2 737 210
Debt Due After One Year	342 809	174 622
Debt Due Within One Year	38 544	38 544
Decrease Increase In Debtors	-229 245
Decrease Increase In Net Debt During Period	144 691
Decrease Increase In Net Debt Resulting From Cash Flows	144 691
Decrease Increase In Stocks	-407 155
Depreciation Tangible Fixed Assets Expense	76 462	75 076
Difference Between Accumulated Depreciation Amortisation Capital Allowances	520	21 517
Fixed Asset Investments Cost Or Valuation	2	2
Gain Loss From Disposal Fixed Assets		-2 415
Hire Leasing Plant Machinery Costs	3 021
Hire Property Other Lease Expenditure	298 354
Increase Decrease In Creditors	700 604
Increase Decrease In Net Cash For Period	75 838
Increase Decrease In U K Corporation Tax Arising From Adjustment For Prior Periods	331
Increase Decrease In U K Tax From Origination Reversal Timing Differences	520
Interest Paid	16 446
Interest Payable Similar Charges	16 446
Leased Assets Included In Tangible Fixed Assets	89 518	7 500
Net Debt Funds	280 557	23 550
Number Shares Allotted	10	5
Obligations Under Finance Lease Hire Purchase Contracts	79 298	5 778
Obligations Under Finance Lease Hire Purchase Contracts After One Year	48 615	3 111
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	30 683	2 667
Operating Leases Expiring Between Two Five Years	74 029	3 111
Operating Leases Expiring Within One Year	35 247	2 667
Other Borrowings	233 002	100 000
Other Creditors Due Within One Year	23 489	197 077
Other Current Asset Investments Held For Sale	310 545	266 186
Other Taxation Social Security Within One Year	276 207	157 071
Profit Loss For Period	224 475
Provisions Charged Credited To Profit Loss Account During Period		20 997
Provisions For Liabilities Charges	520	21 517
Purchase Fixed Asset Investments	181 406
Purchase Tangible Fixed Assets	38 073
Repayment Borrowings	38 170
Staff Costs	1 061 452
Tangible Fixed Assets Additions		9 000
Tangible Fixed Assets Cost Or Valuation	1 401 204	1 415 960
Tangible Fixed Assets Depreciation	446 792	461 554
Tangible Fixed Assets Depreciation Charged In Period		11 584
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		60 314
Tangible Fixed Assets Disposals		139 748
Taxation Expense Credit	70 322
Tax On Profit Or Loss On Ordinary Activities	69 351
Total Depreciation Amortisation Impairment Charges	76 462
Trade Creditors Within One Year	2 056 142	2 254 838
Turnover Gross Operating Revenue	7 267 409
U K Current Corporation Tax	68 831
U K Current Corporation Tax On Income For Period	68 500
Value Shares Allotted	10	5

Company staff

Mark S.

Role: Director

Appointed: 01 October 2021

Latest update: 17 March 2024

Andrew A.

Role: Director

Appointed: 01 October 2021

Latest update: 17 March 2024

Kris S.

Role: Director

Appointed: 01 October 2021

Latest update: 17 March 2024

Alan S.

Role: Secretary

Appointed: 24 December 2014

Latest update: 17 March 2024

Alan S.

Role: Director

Appointed: 02 September 1980

Latest update: 17 March 2024

Brian S.

Role: Director

Appointed: 01 October 2021

Resigned: 15 March 2024

Latest update: 17 March 2024

Herbert M.

Role: Director

Appointed: 02 September 1980

Resigned: 24 December 2014

Latest update: 17 March 2024

Herbert M.

Role: Secretary

Appointed: 02 September 1980

Resigned: 24 December 2014

Latest update: 17 March 2024

People with significant control

Alan S.

Notified on 6 April 2016

Nature of control:

substantial control or influence

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	07 November 2023
Confirmation statement last made up date	24 October 2022

Annual Accounts 10 September 2015
Start Date For Period Covered By Report	2014-01-01
End Date For Period Covered By Report	2014-12-31
Date Approval Accounts	10 September 2015
Annual Accounts
Start Date For Period Covered By Report	2016-01-01
End Date For Period Covered By Report	2016-12-31
Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	2017-12-31
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022

Simpson, Mclearnon & Ferguson Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Mark S.

Andrew A.

Kris S.

Alan S.

Alan S.

Brian S.

Herbert M.

Herbert M.

People with significant control

Alan S.

Accounts Documents

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Closest companies