Torbet Laboratories Limited in Glasgow, G3 8HB

Description

Data updated on: 01-11-2023

Torbet Laboratories came into being in 1964 as a company enlisted under no SC041284, located at G3 8HB Glasgow at C/o 10th Floor. This company has been in business for sixty years and its last known status is active. This enterprise's declared SIC number is 21100 meaning Manufacture of basic pharmaceutical products. Thu, 31st Mar 2022 is the last time company accounts were filed.

Currently, the directors registered by this specific firm are as follow: Aruna O. chosen to lead the company in 2014, Punam O. chosen to lead the company in 2014 in January and Yashvantrai O. chosen to lead the company 26 years ago. In order to support the directors in their duties, the abovementioned firm has been using the skills of Yashvantrai O. as a secretary since August 1998.

Yashvantrai O. is the individual who has control over this firm, owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP
Net Worth	-210 541	-171 184	-169 094

Balance Sheet
Cash Bank On Hand				58 534	70 830
Current Assets	250 697	248 639	282 910	168 020	294 488
Debtors	112 947	95 857	54 693	62 577	221 738
Net Assets Liabilities				-110 265	-116 959
Other Debtors				3 152	3 179
Property Plant Equipment				4 456	3 339
Total Inventories				46 909	1 920
Cash Bank In Hand	58 392	55 614	79 635
Intangible Fixed Assets	33 039	3 998	13
Net Assets Liabilities Including Pension Asset Liability	-210 541	-171 184	-169 094
Stocks Inventory	79 358	97 168	148 582
Tangible Fixed Assets	20 461	15 346	11 230

Capital & Reserves
Called Up Share Capital	10 000	10 000	10 000
Profit Loss Account Reserve	-220 541	-181 184	-179 094
Shareholder Funds	-210 541	-171 184	-169 094

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal				3 776	1 832
Accumulated Amortisation Impairment Intangible Assets				482 435	442 435
Accumulated Depreciation Impairment Property Plant Equipment				129 237	130 354
Amounts Owed By Group Undertakings				48 198	195 547
Amounts Owed To Group Undertakings Participating Interests				270 349	407 808
Average Number Employees During Period				5	4
Creditors				278 513	414 734
Depreciation Rate Used For Property Plant Equipment					25
Disposals Decrease In Amortisation Impairment Intangible Assets					40 000
Disposals Intangible Assets					40 000
Fixed Assets	53 500	19 344	11 243	5 118	4 001
Increase From Depreciation Charge For Year Property Plant Equipment					1 117
Intangible Assets Gross Cost				482 435	442 435
Investments				662	662
Investments Fixed Assets				662	662
Net Current Assets Liabilities	-258 560	-187 027	-178 919	-110 493	-120 246
Other Investments Other Than Loans				662	662
Other Taxation Social Security Payable				7 717	6 622
Property Plant Equipment Gross Cost					133 693
Taxation Including Deferred Taxation Balance Sheet Subtotal				1 114	-1 118
Total Assets Less Current Liabilities	-205 060	-167 683	-167 676	-105 375	-116 245
Trade Creditors Trade Payables				447	304
Trade Debtors Trade Receivables				11 227	23 012
Creditors Due Within One Year	509 257	435 666	461 829
Intangible Fixed Assets Aggregate Amortisation Impairment	449 396	478 437	482 422
Intangible Fixed Assets Amortisation Charged In Period		29 041	3 985
Intangible Fixed Assets Cost Or Valuation	482 435	482 435
Number Shares Allotted		200 000	200 000
Par Value Share		0	0
Provisions For Liabilities Charges	5 481	3 501	1 418
Share Capital Allotted Called Up Paid	10 000	10 000	10 000
Tangible Fixed Assets Cost Or Valuation	162 768	162 768
Tangible Fixed Assets Depreciation	142 307	147 422	151 538
Tangible Fixed Assets Depreciation Charged In Period		5 115	4 116