Vk Timber & Building Materials Ltd in Glasgow, G32 8XZ

Description

Data updated on: 01-11-2023

The Vk Timber & Building Materials Ltd company has been operating in this business field for at least twenty years, as it's been established in 2004. Started with registration number SC277672, Vk Timber & Building Materials is a Private Limited Company with office in 2430 London Road, Glasgow G32 8XZ. Vk Timber & Building Materials Ltd was known twelve years ago as Vk Timber. This company's declared SIC number is 46130 and has the NACE code: Agents involved in the sale of timber and building materials. The business latest filed accounts documents describe the period up to 28th February 2022 and the most current confirmation statement was released on 21st December 2022.

Jonathan K. and Ross K. are the firm's directors and have been monitoring progress towards achieving the objectives and policies since 18th June 2008. In order to find professional help with legal documentation, this limited company has been using the skills of Thomas K. as a secretary since 2005.

Previous company's names
Vk Timber & Building Materials Ltd 2012-03-01
Vk Timber Ltd. 2004-12-21

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-02-28	2013-02-28	2014-02-28	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	58 042	38 002	36 824	36 632	64 247

Balance Sheet
Cash Bank On Hand					4 913	11 887	3 141	7 684	20 594	29 023	10 481	12 029
Current Assets	184 525	182 668	206 877	221 636	248 488	270 768	282 322	287 456	279 808	425 565	375 701	366 618
Debtors	97 977	93 297	77 984	74 260	119 456	108 337	93 799	89 004	95 085	106 532	116 041	133 710
Net Assets Liabilities					64 247	51 710	50 894	51 013	53 271	136 339	171 634	145 749
Other Debtors						5 153	7 485	4 698	2 298	20 875	40 024	57 667
Property Plant Equipment					69 179	103 150	198 615	204 713	178 341	331 778	378 171
Total Inventories					124 119	150 544	185 382	190 768	164 129	290 010	249 179	220 879
Cash Bank In Hand	187	32		4 745	4 913
Net Assets Liabilities Including Pension Asset Liability	58 042	38 002	36 824	36 632	64 247
Stocks Inventory	85 111	88 089	127 643	142 631	124 119
Tangible Fixed Assets	52 848	39 192	40 747	32 903	69 179

Capital & Reserves
Called Up Share Capital	2	102	102	102	102
Profit Loss Account Reserve	58 040	37 900	36 722	36 530	64 145
Shareholder Funds	58 042	38 002	36 824	36 632	64 247

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					47 845	71 050	94 149	129 301	152 214	185 814	226 396	258 875
Additions Other Than Through Business Combinations Property Plant Equipment										192 238
Average Number Employees During Period					5	7	6	6	5	5	6	6
Balances Amounts Owed To Related Parties									6 848	1 848
Bank Borrowings Overdrafts					13 438	43 180	58 298	44 802	29 672	55 218	32 500	72 963
Creditors					36 470	41 243	93 174	60 365	43 913	70 359	120 452	423 366
Dividends Paid									61 000	67 000
Future Minimum Lease Payments Under Non-cancellable Operating Leases					30 000	30 000	45 000	45 000	45 000	315 000
Increase From Depreciation Charge For Year Property Plant Equipment						23 205	23 099	35 152	29 694	37 395	40 582	66 666
Net Current Assets Liabilities	10 364	-1 190	2 466	3 729	31 538	9 401	-29 827	-69 436	-60 615	-73 732	-24 269	-56 748
Other Creditors					13 750	31 813	25 051	46 166	15 270	19 596	17 815	26 316
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment										3 795
Other Disposals Property Plant Equipment										5 201
Other Taxation Social Security Payable					25 716	24 497	16 179	47 305	52 821	34 812	38 986	80 502
Profit Loss									63 258	150 068
Property Plant Equipment Gross Cost					117 024	174 200	292 764	334 014	330 555	517 592	604 567	87 010
Provisions For Liabilities Balance Sheet Subtotal						19 598	24 720	23 899	20 542	51 348	61 816	75 481
Total Assets Less Current Liabilities	63 212	38 002	43 213	36 632	100 717	112 551	168 788	135 277	117 726	258 046	353 902	289 298
Trade Creditors Trade Payables					130 701	153 198	187 548	138 575	178 809	344 230	179 868	201 201
Trade Debtors Trade Receivables					119 456	103 184	86 314	84 306	92 787	85 657	76 017	76 043
Additional Provisions Increase From New Provisions Recognised						19 598
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss							5 122	-821	-3 357
Bank Borrowings										78 820	55 220	32 500
Bank Overdrafts					13 438	43 180	70 350	98 532	73 031
Creditors Due After One Year	5 170		6 389		36 470
Creditors Due Within One Year	174 161	183 858	204 411	217 907	216 950
Current Asset Investments	1 250	1 250	1 250
Deferred Tax Liabilities						19 598	24 720	23 899	20 542
Finance Lease Liabilities Present Value Total					22 720	9 430	9 825	15 563	14 241	15 141	87 952	45 568
Nominal Value Shares Issued Specific Share Issue						1
Number Shares Allotted		100	100	100	100
Number Shares Issued Fully Paid						50	50	50	50
Number Shares Issued Specific Share Issue						898
Par Value Share		1	1	1	1	1	1	1	1
Provisions						19 598	24 720	23 899	20 542
Secured Debts				19 370	49 448
Share Capital Allotted Called Up Paid	2	100	100	100	100
Tangible Fixed Assets Additions		540	13 115	13 504	61 244
Tangible Fixed Assets Cost Or Valuation	97 451	82 991	89 606	77 830	117 024
Tangible Fixed Assets Depreciation	44 603	43 799	48 859	44 927	47 845
Tangible Fixed Assets Depreciation Charged In Period		9 450	10 475	9 676	15 987
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		10 254	5 415	13 608	13 069
Tangible Fixed Assets Disposals		15 000	6 500	25 280	22 050
Total Additions Including From Business Combinations Property Plant Equipment						57 176	118 564	41 250	12 041		86 975	43 242
Total Borrowings					49 448	65 900	92 896	185 219	137 436
Disposals Decrease In Depreciation Impairment Property Plant Equipment									6 781
Disposals Property Plant Equipment									15 500