Subsea Supplies Limited in Aberdeen, AB10 1TN

Description

Data updated on: 01-11-2023

Subsea Supplies has been on the market for 25 years. Registered under SC201541, this company is listed as a Private Limited Company. You can reach the office of the firm during business hours under the following location: Amicable House 252 Union Street, AB10 1TN Aberdeen. Its name is Subsea Supplies Limited. This firm's former associates may remember this company as Mountwest 264, which was in use up till 1999-11-29. This firm's SIC code is 46180 - Agents specialized in the sale of other particular products. The firm's latest accounts were submitted for the period up to 2022-12-31 and the most recent annual confirmation statement was released on 2022-11-12.

According to this particular company's directors directory, since 2018-06-21 there have been two directors: Pauline M. and Andrew S..

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

Previous company's names
Subsea Supplies Limited 1999-11-29
Mountwest 264 Limited 1999-11-12

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	450 445	910 277	1 853 990	2 099 420
Current Assets	2 377 157	2 680 960	3 409 949	4 535 886
Debtors	882 066	662 473	725 077	1 019 579
Net Assets Liabilities	1 138 966	1 631 362	2 432 570	3 113 410
Other Debtors	96 930	68 587	89 868	124 494
Property Plant Equipment	40 540	22 801	27 709	24 527
Total Inventories	1 044 646	1 108 210	830 882	1 416 887

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	296 569	319 493	291 658	302 231
Average Number Employees During Period	7	7	9	9
Bank Borrowings Overdrafts	439 746	386 578	212 701	98 513
Corporation Tax Payable	101 678	122 849	190 083	172 489
Creditors	439 746	386 578	212 701	98 513
Future Minimum Lease Payments Under Non-cancellable Operating Leases	2 959	150 000	122 959	95 918
Increase From Depreciation Charge For Year Property Plant Equipment		22 924	15 166	12 706
Net Current Assets Liabilities	1 545 275	2 002 242	2 622 756	3 193 527
Other Creditors	92 484	72 309	124 595	207 462
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			43 001	2 133
Other Disposals Property Plant Equipment			45 975	2 400
Other Taxation Social Security Payable	27 346	51 796	123 909	121 063
Profit Loss		492 396	801 208	680 840
Property Plant Equipment Gross Cost	337 109	342 294	319 367	326 758
Provisions For Liabilities Balance Sheet Subtotal	7 103	7 103	5 194	6 131
Total Additions Including From Business Combinations Property Plant Equipment		5 185	23 048	9 791
Total Assets Less Current Liabilities	1 585 815	2 025 043	2 650 465	3 218 054
Trade Creditors Trade Payables	559 005	380 395	237 594	730 333
Trade Debtors Trade Receivables	785 136	593 886	635 209	895 085