Westpoint Group Limited in Glasgow, G76 8BQ

Description

Data updated on: 01-11-2023

Westpoint Group Limited has been prospering on the local market for 9 years. Started with Companies House Reg No. SC498194 in the year 2015, the company is located at 3 Arthur Street, Glasgow G76 8BQ. The enterprise's classified under the NACE and SIC code 70100 - Activities of head offices. The most recent financial reports describe the period up to Friday 30th September 2022 and the most recent annual confirmation statement was released on Saturday 18th February 2023.

From the data we have gathered, this particular business was formed 9 years ago and has so far been supervised by three directors.

Stephen C. is the individual who controls this firm, has substantial control or influence over the company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-09-30	2016-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency
Net Worth	1	1

Balance Sheet
Debtors			659	659	659	659	559 379
Other Debtors			659	659	28 075	659	659
Total Inventories					11 031 471	22 285 213	40 236 785
Cash Bank In Hand	1	1
Net Assets Liabilities Including Pension Asset Liability	1	1

Capital & Reserves
Shareholder Funds	1	1

Other Financial Data
Accrued Liabilities Deferred Income					243 533	537 191	1 075 449
Accumulated Depreciation Impairment Property Plant Equipment					357 219	388 592	408 842
Additions Other Than Through Business Combinations Property Plant Equipment						24 000	41 917
Administrative Expenses					1 601 385	1 685 098	2 003 879
Amounts Owed To Group Undertakings						32 205	1 086 560
Amounts Recoverable On Contracts					99 267	26 361	7 975
Average Number Employees During Period			2	2	2	2	2
Bank Borrowings					2 553 006	5 601 378	13 002 860
Bank Borrowings Overdrafts					2 553 006	2 838 505	13 393 607
Bank Overdrafts							390 747
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment					75 938
Cash Cash Equivalents				-131 812	2 332 882	1 077 586	370 472
Comprehensive Income Expense					286 606	3 699	151 414
Corporation Tax Payable					732 546	621 385	920 338
Cost Sales					14 127 522	18 804 532	15 984 588
Creditors					4 500 000	4 532 205	5 090 925
Current Tax For Period					85 012		126 755
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period							10 440
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences						100 267	-62 442
Dividends Paid Classified As Financing Activities			-504 730	-519 786	-371 987	-488 602	-482 421
Finance Lease Liabilities Present Value Total					5 600
Finance Lease Payments Owing Minimum Gross					5 600
Further Item Creditors Component Total Creditors					3 258 535	3 787 940	4 283 112
Further Item Deferred Expense Credit Component Total Deferred Tax Expense					-4 270	-20 804
Further Item Tax Increase Decrease Component Adjusting Items					8 433	-296	-4 961
Government Grant Income					206 561	23 309
Gross Profit Loss						1 328 945	1 891 508
Impairment Loss Reversal On Investments						-10 675	-11 250
Increase Decrease In Current Tax From Adjustment For Prior Periods					-4 271	-1 183	875
Increase From Depreciation Charge For Year Property Plant Equipment						31 373	20 250
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings					18 669	2 712
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss					1 080 241	614 760	402 373
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts					2 515	467
Interest Income On Financial Assets Fair Value Through Profit Or Loss					1 080 241	614 760	402 373
Interest Paid Classified As Operating Activities							-3 877 108
Interest Payable Similar Charges Finance Costs					1 101 425	632 400	402 452
Investments Fixed Assets			1 204	1 204	4 501 204	4 533 409	4 533 409
Investments In Subsidiaries			1 204	1 204	4 501 204	4 533 409	4 533 409
Net Cash Generated From Operations							914 467
Net Current Assets Liabilities				659	-4 499 341	-4 531 546
Net Finance Income Costs					1 080 241	614 760	402 373
Operating Profit Loss						88 944	205 431
Other Creditors					4 500 000	5 994 842	5 701 566
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						13 998	11 821
Other Disposals Property Plant Equipment						20 800	15 220
Other Interest Receivable Similar Income Finance Income					1 080 241	614 760	402 373
Other Remaining Borrowings					5 228 959	6 519 604	8 145 699
Payments To Acquire Own Shares							-532 650
Pension Other Post-employment Benefit Costs Other Pension Costs					45 447	57 769	112 994
Percentage Class Share Held In Subsidiary				100	100	100	100
Profit Loss			504 730	519 786	371 987	488 602	1 015 071
Profit Loss On Ordinary Activities Before Tax						81 979	216 602
Property Plant Equipment Gross Cost					444 279	444 279	444 279
Social Security Costs					223 241	248 769	301 959
Staff Costs Employee Benefits Expense					2 314 382	2 491 344	3 048 255
Taxation Including Deferred Taxation Balance Sheet Subtotal					784 957	864 420	801 978
Tax Decrease From Utilisation Tax Losses						374
Tax Decrease Increase From Effect Revenue Exempt From Taxation						68 390	13 300
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					6 784	32 680	30 980
Tax Tax Credit On Profit Or Loss On Ordinary Activities					80 742	78 280	65 188
Total Assets Less Current Liabilities				1 863	1 863	1 863
Total Borrowings					10 212 127	14 657 839	21 072 155
Total Current Tax Expense Credit					85 012	-1 183	127 630
Total Deferred Tax Expense Credit					-4 270	79 463	-62 442
Trade Creditors Trade Payables					942 836	1 199 338	1 549 781
Trade Debtors Trade Receivables					1 616 711	1 751 226	138 183
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment							-34 931
Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Depreciation Impairment Property Plant Equipment							-2 632
Turnover Revenue					15 640 613	20 133 477	17 876 096
Voting Power In Subsidiary If Different From Ownership Interest Percent				100	100	100	100
Wages Salaries					2 045 694	2 184 806	2 633 302
Number Shares Allotted	1	1
Par Value Share	1	1
Share Capital Allotted Called Up Paid	1	1

Company staff

Grant L.

Role: Director

Appointed: 30 March 2023

Latest update: 22 January 2024

Stephen C.

Role: Director

Appointed: 18 February 2015

Latest update: 22 January 2024

Ian R.

Role: Director

Appointed: 18 February 2015

Latest update: 22 January 2024

People with significant control

Stephen C.

Notified on 18 February 2017

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	30 June 2024
Account last made up date	30 September 2022
Confirmation statement next due date	03 March 2024
Confirmation statement last made up date	18 February 2023

Annual Accounts 6 January 2016
Start Date For Period Covered By Report	2015-02-18
End Date For Period Covered By Report	2015-09-30
Date Approval Accounts	6 January 2016
Annual Accounts 29 June 2017
Start Date For Period Covered By Report	2015-10-01
End Date For Period Covered By Report	2016-09-30
Date Approval Accounts	29 June 2017
Annual Accounts
Start Date For Period Covered By Report	2018-10-01
End Date For Period Covered By Report	2019-09-30
Annual Accounts
Start Date For Period Covered By Report	2019-10-01
End Date For Period Covered By Report	2020-09-30
Annual Accounts
Start Date For Period Covered By Report	2020-10-01
End Date For Period Covered By Report	2021-09-30
Annual Accounts
Start Date For Period Covered By Report	2021-10-01
End Date For Period Covered By Report	2022-09-30

Westpoint Group Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Grant L.

Stephen C.

Ian R.

People with significant control

Stephen C.

Accounts Documents

Company filings

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