T.w. Scott & Sons (fuels) Limited in Co.tyrone, BT79 0UW

Description

Data updated on: 01-11-2023

T.w. Scott & Sons (fuels) is a business situated at BT79 0UW Co.tyrone at 51,curr Road,. This firm was set up in 1984 and is established under the identification number NI017420. This firm has existed on the UK market for 40 years now and company official status is active. The enterprise's SIC code is 46719 which stands for Wholesale of other fuels and related products. T.w. Scott & Sons (fuels) Ltd filed its latest accounts for the period up to 2022/12/31. The business most recent annual confirmation statement was filed on 2022/12/31.

T.w. Scott & Sons (fuels) Limited is a medium-sized vehicle operator with the licence number ON1128378. The firm has four transport operating centres in the country. In their subsidiary in Belfast on Airport Road West, 3 machines and 2 trailers are available. The centre in Lisburn on Ballinderry Lower has 12 machines and 2 trailers, and the centre in Omagh on Beragh is equipped with 10 machines and 6 trailers. They are equipped with 30 vehicles and 12 trailers.

As found in this firm's directors directory, since 2008-05-01 there have been three directors: William S., Thomas S. and Sheelagh S.. Additionally, the managing director's tasks are regularly helped with by a secretary - Thomas S., who was appointed by this limited company 40 years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	322 297	918 603			587 437		77 483
Current Assets	4 704 306	6 969 826	9 025 083	11 314 347	9 228 850	12 349 063	19 771 129
Debtors	3 779 083	5 384 032	8 363 411	10 166 890	7 411 881	10 612 891	17 067 764
Net Assets Liabilities	2 011 692	1 993 417	2 468 315	2 796 466	4 303 697	5 254 465	7 621 341
Other Debtors	412 072	392 276	414 162	564 454	277 886	289 218	243 376
Property Plant Equipment	1 583 758	1 448 344	1 962 034	2 665 134	4 440 259	6 049 976	6 809 031
Total Inventories	602 926	667 191	661 672	1 147 457	1 229 532	1 736 172	2 625 882

Other Financial Data
Audit Fees Expenses	5 000	5 250	5 500	6 000	6 300	6 500	7 200
Director Remuneration	134 424	133 908	133 670	142 227	152 000	152 000	155 333
Dividend Recommended By Directors		70 000	97 000	97 000	97 000		640 000
Accrued Liabilities Deferred Income	37 013	36 948	21 908	24 049	29 852	27 263	37 412
Accumulated Amortisation Impairment Intangible Assets	62 500	92 500	122 500	150 000		150 000	169 500
Accumulated Depreciation Impairment Property Plant Equipment	1 252 426	1 495 368	1 733 500	2 080 776	2 476 126	2 986 299	3 680 744
Additional Provisions Increase From New Provisions Recognised		-17 128	24 899	119 493	129 798
Administrative Expenses	1 820 234	1 861 989	2 123 653	2 621 568	3 141 678	3 423 559	4 435 480
Amortisation Expense Intangible Assets	30 000	30 000	30 000	27 500			19 500
Applicable Tax Rate	20	19	19	19	19	19	19
Average Number Employees During Period	41	40	44	52	60	60	65
Bank Borrowings Overdrafts			567 703	1 148 118		2 853 925	4 314 735
Bank Overdrafts			567 703	1 148 118		2 853 925	4 314 735
Cash Cash Equivalents Cash Flow Value	322 297		-567 703	-1 148 118		-2 853 925	-4 237 252
Comprehensive Income Expense	-187 496	51 725	571 898	425 151	1 604 231	1 047 768	3 006 876
Corporation Tax Payable		219	53 429		231 194		580 310
Cost Sales	44 534 268	54 152 565	84 566 311	93 854 461	72 776 308	90 734 305	165 313 179
Creditors	538 084	306 963	564 804	973 815	1 230 660	1 352 812	1 083 997
Current Tax For Period		219	53 429		231 194		580 310
Depreciation Amortisation Expense	284 451	282 258	296 269	392 902	499 649	570 293	782 482
Depreciation Expense Property Plant Equipment	152 430	156 935	144 564	166 030	221 556	233 160	342 555
Disposals Decrease In Depreciation Impairment Property Plant Equipment		9 314	28 137	18 126	104 298		68 537
Disposals Property Plant Equipment		30 000	68 500	26 065	131 222		175 000
Dividend Per Share Interim		350	485	485	485		3 200
Dividends Paid	21 000	70 000	97 000	97 000	97 000	97 000	640 000
Dividends Paid Classified As Financing Activities	-21 000	-70 000	-97 000	-97 000	-97 000	-97 000	-640 000
Dividends Paid On Shares Interim	21 000	70 000	97 000	97 000	97 000	97 000	640 000
Finance Lease Liabilities Present Value Total	538 084	306 963	564 804	973 815	1 230 660	1 352 812	1 083 997
Fixed Assets	1 671 258	1 505 844	1 989 534	2 665 134	4 440 259	6 049 976	6 919 531
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	401 616	2 376 608	1 095 374	1 480 475	-2 007 276	1 299 606	3 809 957
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-401 007	-1 604 951	-2 979 379	-1 803 479	2 755 009	-3 201 010	-6 454 873
Gain Loss On Disposal Assets Income Statement Subtotal	14 347	-10 686	4 137	-5 689	32 076	-6 844	53 649
Gain Loss On Disposals Property Plant Equipment	14 347	-10 686	4 137	-5 689	32 076	-6 844	53 649
Gross Profit Loss	1 642 975	1 895 665	2 773 058	3 166 212	5 106 901	4 790 580	8 542 210
Income From Related Parties			207 359	235 992	336 512	517 971	635 796
Income Taxes Paid Refund Classified As Operating Activities			-219	-53 429		-231 194
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-607 050	596 306	-1 486 306	-580 415	1 735 555	-3 441 362	-1 383 327
Increase Decrease In Property Plant Equipment			616 950	891 330	842 050		492 960
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	301 862	64 265	-5 519	485 785	82 075	506 640	889 710
Increase From Amortisation Charge For Year Intangible Assets		30 000	30 000	27 500			19 500
Increase From Depreciation Charge For Year Property Plant Equipment		252 256	266 269	365 402	499 648		762 982
Intangible Assets	87 500	57 500	27 500				110 500
Intangible Assets Gross Cost	150 000	150 000	150 000	150 000		150 000	280 000
Loans Owed To Related Parties	-175	-3 147	-97	-17	-87 080	-268 607	-298 626
Merchandise	602 926	667 191	661 672	1 147 457	1 229 532	1 736 172	2 625 882
Net Cash Flows From Used In Financing Activities	229 838	311 318	-225 863	-412 759	-879 798	1 286 317	1 366 786
Net Cash Flows From Used In Investing Activities	168 804	126 388	775 001	1 074 191	2 242 697	1 347 442	1 105 608
Net Cash Flows From Used In Operating Activities	208 408	-1 034 012	937 168	-81 017	-3 098 454	807 603	-1 089 067
Net Cash Generated From Operations	208 408	-1 034 012	936 949	-134 446	-3 098 454	463 886	-1 300 937
Net Current Assets Liabilities	1 101 191	1 000 081	1 274 029	1 455 084	1 573 833	1 243 766	2 779 946
Net Interest Received Paid Classified As Investing Activities	-1 583	-1 140	-821
Number Shares Issued Fully Paid		200	200	200	200		200
Operating Profit Loss	-177 259	33 676	649 405	544 644		1 367 021	4 106 730
Other Creditors	150	150	150				252 389
Other Deferred Tax Expense Credit	11 820	-17 128	24 899	119 493	129 798	206 730	307 674
Other Interest Receivable Similar Income Finance Income	1 583	1 140	821
Other Taxation Social Security Payable	25 155	25 515	36 382	51 544	61 131	67 179	88 551
Par Value Share		1	1	1	1		1
Payments Finance Lease Liabilities Classified As Financing Activities	-209 188	-242 000	-293 250	-378 431	-469 888	-586 698	-722 603
Pension Other Post-employment Benefit Costs Other Pension Costs	5 027	5 988	12 087	23 641	35 106	36 475	42 013
Prepayments Accrued Income	66 433	153 243	190 618	166 048	206 337	637 895	263 903
Proceeds From Borrowings Classified As Financing Activities			-616 950	-888 350	-835 000
Proceeds From Sales Property Plant Equipment	-58 500	-10 000	-44 500	-2 250	-59 000	-39 000	-160 112
Profit Loss	-187 496	51 725	571 898	425 151	1 604 231	1 047 768	3 006 876
Profit Loss On Ordinary Activities Before Tax	-175 676	34 816	650 226	544 644	1 965 223	1 254 498	3 894 860
Property Plant Equipment Gross Cost	2 836 184	2 943 712	3 695 534	4 745 910	6 916 385	9 036 275	10 489 775
Provisions	222 673	205 545	230 444	349 937	479 735	686 465	994 139
Provisions For Liabilities Balance Sheet Subtotal	222 673	205 545	230 444	349 937	479 735	686 465	994 139
Purchase Property Plant Equipment	-228 887	-137 528	-820 322	-1 076 441	-2 301 697	-1 386 442	-1 135 720
Recoverable Value-added Tax	407 677	450 260	366 096	455 017	385 817	444 862	834 872
Social Security Costs	89 858	92 086	105 133	126 631	169 105	183 196	228 549
Staff Costs Employee Benefits Expense	1 092 237	1 087 764	1 235 246	1 497 360	1 933 345	2 080 677	2 541 372
Tax Decrease From Utilisation Tax Losses	-45 455	23 447	53 520	-14 301	14 300	-49 030	49 030
Tax Expense Credit Applicable Tax Rate	-35 135	6 702	123 543	103 482	373 392	238 355	740 023
Tax Increase Decrease From Effect Capital Allowances Depreciation	-11 820	15 521	-18 242	-119 493	-129 798	-82 935	-19 787
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 500	1 443	1 648	1 710	1 900	2 280
Tax Tax Credit On Profit Or Loss On Ordinary Activities	11 820	-16 909	78 328	119 493	360 992	206 730	887 984
Total Additions Including From Business Combinations Property Plant Equipment		137 528	820 322	1 076 441	2 301 697		1 628 500
Total Assets Less Current Liabilities	2 772 449	2 505 925	3 263 563	4 120 218	6 014 092	7 293 742	9 699 477
Total Operating Lease Payments	47 529	42 730	40 000	40 000	40 000	51 764	72 095
Trade Creditors Trade Payables	3 298 447	5 674 760	6 774 307	8 237 629	6 214 963	7 511 110	11 037 157
Trade Debtors Trade Receivables	2 892 901	4 388 253	7 392 535	8 981 371	6 541 841	9 240 916	15 725 613
Turnover Revenue	46 177 243	56 048 230	87 339 369	97 020 673	77 883 209	95 524 885	173 855 389
Wages Salaries	997 352	989 690	1 118 026	1 347 088	1 729 134	1 861 006	2 270 810
Interest Expense On Bank Loans Similar Borrowings						76 906	166 157
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts						35 617	45 713
Interest Paid Classified As Operating Activities						-76 906	-166 157
Interest Payable Similar Charges Finance Costs						112 523	211 870
Loans Owed By Related Parties			16 524	24 619		243 376	243 376
Purchase Intangible Assets							-130 000
Total Additions Including From Business Combinations Intangible Assets							130 000

Company staff

William S.

Role: Director

Appointed: 01 May 2008

Latest update: 20 January 2024

Thomas S.

Role: Director

Appointed: 16 April 1984

Latest update: 20 January 2024

Thomas S.

Role: Secretary

Appointed: 16 April 1984

Latest update: 20 January 2024

Sheelagh S.

Role: Director

Appointed: 16 April 1984

Latest update: 20 January 2024

People with significant control

Executives who control this firm include: Thomas S. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Sheelagh S. owns 1/2 or less of company shares and has 1/2 or less of voting rights. William S. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Thomas S.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Sheelagh S.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

William S.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	14 January 2024
Confirmation statement last made up date	31 December 2022

Annual Accounts
Start Date For Period Covered By Report	01 January 2017
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022

T.w. Scott & Sons (fuels) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

William S.

Thomas S.

Thomas S.

Sheelagh S.

People with significant control

Thomas S.

Sheelagh S.

William S.

Accounts Documents

Company Vehicle Operator Data

Bp Oil Uk

Address

City

Postal code

No. of Vehicles

No. of Trailers

1 Moss Lane

Address

City

Postal code

No. of Vehicles

No. of Trailers

51 Curr Road

Address

City

Postal code

No. of Vehicles

No. of Trailers

53 Gortin Road

City

Postal code

No. of Vehicles

No. of Trailers

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies