Targe Towing Limited in Edinburgh, EH6 7DX

Description

Data updated on: 01-11-2023

Targe Towing came into being in 1991 as a company enlisted under no SC131733, located at EH6 7DX Edinburgh at 1 Prince Of Wales Dock. The firm has been in business for thirty three years and its last known status is active. The firm's declared SIC number is 52290: Other transportation support activities. The latest financial reports cover the period up to 2022-12-31 and the most current annual confirmation statement was submitted on 2023-05-09.

Due to this particular firm's constant expansion, it was vital to find further company leaders, to name just a few: Charles H., Stuart W., Carole C. who have been cooperating since January 2021 to fulfil their statutory duties for the business. Additionally, the managing director's duties are constantly helped with by a secretary - Pamela S., who was officially appointed by the business on 2021-01-08.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-04-30	2013-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	7 015 625	11 990 023

Balance Sheet
Cash Bank On Hand			12 021 863	15 295 978	10 640 412	8 174 626
Current Assets	9 332 581	12 458 519	14 214 207	16 708 671	12 141 256	9 320 840
Debtors	2 215 827	1 608 606	2 192 344	1 412 693	1 500 844	1 146 214
Net Assets Liabilities			17 140 886	19 116 388	13 886 618	14 919 200
Other Debtors	89 234	43 840	277 330	27 714	26 099	29 541
Property Plant Equipment			5 101 454	4 254 977	3 580 541	6 677 133
Cash Bank In Hand	7 116 754	10 849 913
Net Assets Liabilities Including Pension Asset Liability	7 015 625	11 990 023
Tangible Fixed Assets	7 709 661	2 359 767
Trade Debtors	2 126 593	1 564 766

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	7 015 525	11 989 923
Shareholder Funds	7 015 625	11 990 023

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment			4 416 889	5 250 838	5 934 027	6 857 933
Additions Other Than Through Business Combinations Property Plant Equipment				7 517	15 753	4 020 498
Average Number Employees During Period						25
Bank Borrowings Overdrafts	5 243 825	54 061	1 225
Corporation Tax Payable			4 725	422 457	291 123	220 723
Creditors			1 913 036	1 620 166	1 631 264	1 078 773
Dividends Paid				93 500	6 883 833
Increase From Depreciation Charge For Year Property Plant Equipment				853 994	690 189	923 906
Net Current Assets Liabilities	5 441 237	9 791 348	12 301 171	15 088 505	10 509 992	8 242 067
Number Shares Issued Fully Paid				100
Other Creditors			86 242	57 497	126 433
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				20 045	7 000
Other Disposals Property Plant Equipment				20 045	7 000
Other Taxation Social Security Payable			107 049	113 745	111 983	107 477
Profit Loss				2 069 002	1 654 063
Property Plant Equipment Gross Cost			9 518 343	9 505 815	9 514 568	13 535 066
Provisions For Liabilities Balance Sheet Subtotal			261 739	227 094	203 915
Total Assets Less Current Liabilities	13 150 898	12 151 115	17 402 625	19 343 482	14 090 533	14 919 200
Trade Creditors Trade Payables			1 713 795	1 026 467	1 101 725	750 573
Trade Debtors Trade Receivables			1 915 014	1 384 979	1 474 745	1 116 673
Audit Fees Expenses	5 660	10 700
Director Remuneration	6 500	11 000
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1
Administrative Expenses	1 436 732
Amount Due From To Related Party		-254
Corporation Tax Due Within One Year	531 477	805 561
Cost Sales	2 922 226
Creditors Due After One Year	5 243 825
Creditors Due Within One Year	3 891 344	2 667 171
Depreciation Tangible Fixed Assets Expense	1 140 631
Difference Between Accumulated Depreciation Amortisation Capital Allowances	891 448	161 092
Gross Profit Loss	3 941 050
Increase Decrease In U K Tax From Origination Reversal Timing Differences	-88 824
Interest Payable Similar Charges	596 637
Number Shares Allotted	100	100
Operating Profit Loss	2 504 318
Other Creditors Due Within One Year	84 862	316 241
Other Interest Receivable Similar Income	64 140
Other Taxation Social Security Within One Year	84 144	71 709
Par Value Share		1
Pension Costs Defined Contribution Scheme	56 381
Profit Loss For Period	1 529 168
Profit Loss On Ordinary Activities Before Tax	1 971 821
Provisions Charged Credited To Profit Loss Account During Period		-730 356
Provisions For Liabilities Charges	891 448	161 092
Tangible Fixed Assets Additions		525
Tangible Fixed Assets Cost Or Valuation	13 407 960	5 397 692
Tangible Fixed Assets Depreciation	5 698 299	3 037 925
Tangible Fixed Assets Depreciation Charged In Period		671 209
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		3 337 831
Tangible Fixed Assets Disposals		8 010 793
Tax On Profit Or Loss On Ordinary Activities	442 653
Total U K Foreign Deferred Tax	-88 824
Trade Creditors Within One Year	1 468 117	1 419 599
Turnover Gross Operating Revenue	6 863 276
U K Current Corporation Tax	531 477
U K Current Corporation Tax On Income For Period	531 477
Value Shares Allotted	100	100