Titan Torque Services Limited in Aberdeen, AB15 8PU

Description

Data updated on: 01-11-2023

Titan Torque Services has been operating in this business for sixteen years. Registered under company registration number SC345968, it is registered as a Private Limited Company. You can reach the office of this company during its opening times at the following address: 1st Floor North, Kingshill View, Prime Four Business Park Kingswells, AB15 8PU Aberdeen. The company's registered with SIC code 82990 - Other business support service activities not elsewhere classified. Titan Torque Services Ltd released its account information for the financial period up to 2022-03-31. The latest confirmation statement was released on 2023-08-02.

Darren C., Edith C., Laura J. and 3 others listed below are the enterprise's directors and have been cooperating as the Management Board since 2011. At least one secretary in this firm is a limited company, specifically Addleshaw Goddard (scotland) Secretarial Limited.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	142 900	491 332	661 380	731 436	965 359	1 085 518

Balance Sheet
Cash Bank On Hand						715 606	637 043	344 200	365 154	216 542	781 432	21 565	41 950
Current Assets	531 948	719 077	1 091 345	782 980	820 953	1 097 723	1 046 580	824 519	1 237 989	1 670 760	1 315 039	548 440	1 443 299
Debtors	475 359	544 683	706 550	681 587	324 182	381 117	406 037	462 904	869 173	1 454 218	533 457	525 300	1 397 949
Net Assets Liabilities						1 085 518	1 291 577	1 002 105	1 245 182	1 537 907	1 293 510	480 953	648 062
Other Debtors						46 060	86 967	135 952	160 362	362 100	171 631	188 288	581 555
Property Plant Equipment						316 485	273 404	253 206	506 593	503 423	449 129	401 569	352 154
Total Inventories						1 000	3 500	17 415	3 662		150	1 575
Cash Bank In Hand	48 236	172 394	382 079	101 393	495 671	715 606
Intangible Fixed Assets	26 162	59 200	57 021	277 341	318 153	301 427
Net Assets Liabilities Including Pension Asset Liability	142 900	491 332	661 380	731 436	965 359
Stocks Inventory	8 353	2 000	2 716		1 100	1 000
Tangible Fixed Assets	606 414	776 571	715 292	510 740	433 164	316 485

Capital & Reserves
Called Up Share Capital	500	500	500	500	500	500
Profit Loss Account Reserve	142 400	490 832	660 880	730 936	964 859	1 085 018
Shareholder Funds	142 900	491 332	661 380	731 436	965 359	1 085 518

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets						41 424	56 280	70 786	75 169	76 057	85 327	300 020	376 038
Accumulated Depreciation Impairment Property Plant Equipment						354 030	396 363	432 280	527 723	615 403	698 015	768 411	834 295
Additions Other Than Through Business Combinations Intangible Assets									4 442		42 153	150 663	433 663
Amounts Owed To Group Undertakings													520 302
Average Number Employees During Period									19	22	22	22	25
Bank Borrowings Overdrafts						72 917	47 917	22 917	22 917		180 556	125 555	70 197
Corporation Tax Payable						78 949	9 700	215	32 845	75 775	25 613
Corporation Tax Recoverable						1 528	7 549	56 528	55 342		53 300	71 933	73 641
Creditors						72 917	47 917	22 917	191 636	143 582	266 648	194 001	627 160
Current Tax For Period						58 000	53 350	-55 000	26 000	66 990	-53 300
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences						-15 907	-7 336	-2 329	27 631	8 437	-5 575	-5 041	-34 008
Dividends Paid On Shares								218 187	218 246	217 358
Fixed Assets	632 576	835 771	772 313	788 081	751 317	617 912	506 097	471 393	724 839	720 781	699 370	587 780	896 010
Future Minimum Lease Payments Under Non-cancellable Operating Leases								131 000	131 000	131 000	1 310 000	1 310 000	1 179 000
Increase Decrease In Current Tax From Adjustment For Prior Periods						19 095	-31 299	1 864	1 528	-4 195	-11 377	-35 003	-73 968
Increase From Amortisation Charge For Year Intangible Assets							14 856	14 506	4 383	888	9 270	214 693	76 018
Increase From Depreciation Charge For Year Property Plant Equipment							52 501	50 644	95 443	106 283	100 130	76 856	65 884
Intangible Assets						301 427	232 693	218 187	218 246	217 358	250 241	186 211	543 856
Intangible Assets Gross Cost						342 851	288 973	288 973	293 415	293 415	335 568	486 231	919 894
Issue Equity Instruments													300 000
Net Current Assets Liabilities	-193 992	-49 064	214 970	202 819	364 526	510 516	868 972	586 874	772 856	1 030 021	924 526	145 871	403 901
Number Shares Issued Fully Paid								500
Other Creditors						26 492	37 929	102 022	191 636	143 582	86 092	68 446	36 661
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment							10 168	14 729		18 603	17 518	6 460
Other Disposals Intangible Assets							53 878
Other Disposals Property Plant Equipment							10 332	22 238		20 586	18 695	7 595
Other Taxation Social Security Payable						37 591	19 013	20 197	19 358	111 437	94 360	19 354	74 016
Par Value Share		1	1	1	1	1		1
Profit Loss						120 159	206 059	-289 472	243 077	292 725	-244 397	-812 557	-132 891
Property Plant Equipment Gross Cost						670 515	669 767	685 486	1 034 316	1 118 826	1 147 144	1 169 980	1 186 449
Provisions For Liabilities Balance Sheet Subtotal						42 911	35 575	33 245	60 877	69 313	63 738	58 697	24 689
Taxation Including Deferred Taxation Balance Sheet Subtotal						42 911	35 575	33 245	60 877	69 313	63 738	58 697	24 689
Tax Tax Credit On Profit Or Loss On Ordinary Activities						61 188	14 715	-55 465	55 159	71 232	-70 252	-40 044	-107 976
Total Additions Including From Business Combinations Property Plant Equipment							9 584	37 957	348 830	105 096	47 013	30 431	16 469
Total Assets Less Current Liabilities	438 584	786 707	987 283	990 900	1 115 843	1 128 428	1 375 069	1 058 267	1 497 695	1 750 802	1 623 896	733 651	1 299 911
Total Current Tax Expense Credit						77 095	22 051	-53 136	27 528	62 795	-64 677	-35 003
Trade Creditors Trade Payables						344 048	85 966	90 211	275 468	324 316	118 421	177 877	393 312
Trade Debtors Trade Receivables						333 403	311 521	270 424	653 469	1 092 118	308 526	265 079	742 753
Creditors Due After One Year	256 598	214 222	263 255	198 450	91 667
Creditors Due Within One Year	725 940	768 141	876 375	580 161	456 427	587 207
Debtors Due After One Year			-85 500
Intangible Fixed Assets Additions		10 047	6 138	229 724	56 918
Intangible Fixed Assets Aggregate Amortisation Impairment	5 676	12 860	21 177	30 581	46 687	41 424
Intangible Fixed Assets Amortisation Charged In Period		7 184	8 317	9 404	16 106	16 726
Intangible Fixed Assets Cost Or Valuation	31 838	72 060	78 198	307 922	364 840	342 851
Intangible Fixed Assets Increase Decrease From Transfers Between Items		30 175
Number Shares Allotted		500	500	500	500	500
Provisions For Liabilities Charges	39 086	81 153	62 648	61 014	58 817	42 910
Secured Debts	366 004	366 004	214 222	81 968
Share Capital Allotted Called Up Paid	500	500	500	500	500	500
Tangible Fixed Assets Additions		252 998	122 639	21 803	9 490	4 676
Tangible Fixed Assets Cost Or Valuation	760 299	974 726	973 858	821 742	831 232	670 515
Tangible Fixed Assets Depreciation	153 885	198 155	258 566	311 002	398 068	354 030
Tangible Fixed Assets Depreciation Charged In Period		48 436	106 850	102 656	87 066	70 093
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		863	46 439	50 220		114 131
Tangible Fixed Assets Depreciation Increase Decrease From Transfers Between Items		-3 303
Tangible Fixed Assets Disposals		8 396	123 507	173 919		165 393
Tangible Fixed Assets Increase Decrease From Transfers Between Items		-30 175
Advances Credits Directors	26 104	119	244	2 276
Advances Credits Made In Period Directors	36 104	119	125
Advances Credits Repaid In Period Directors	10 000	26 104	35 139
Intangible Fixed Assets Amortisation Decrease Increase On Disposals						21 989
Intangible Fixed Assets Disposals						21 989
Net Assets Liability Excluding Pension Asset Liability					965 359	1 085 518

Company staff