Whittaker Engineering (stonehaven) Limited in Aberdeen, AB10 1YL

Description

Data updated on: 01-11-2023

This particular Whittaker Engineering (stonehaven) Limited firm has been operating in this business field for thirty three years, having launched in 1991. Started with Registered No. SC129336, Whittaker Engineering (stonehaven) was set up as a Private Limited Company with office in 28 Albyn Place, Aberdeen AB10 1YL. This company's classified under the NACE and SIC code 25620, that means Machining. Whittaker Engineering (stonehaven) Ltd released its account information for the financial year up to 2022-12-31. The company's latest confirmation statement was submitted on 2023-01-15.

Whittaker Engineering (stonehaven) Ltd is a small-sized vehicle operator with the licence number OM0033975. The firm has one transport operating centre in the country. In their subsidiary in Stonehaven on Fetteresso, 3 machines and 1 trailer are available.

The company owes its accomplishments and constant growth to a team of three directors, specifically Murray W., Janet W. and Kenneth W., who have been in it for eight years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	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	1 462 165	1 184 552	1 194 871	2 205 613	1 165 361	1 470 531
Current Assets	9 152 582	8 642 009	8 750 603	9 028 523	7 996 250	8 232 645
Debtors	6 445 607	6 471 934	6 700 288	6 428 238	6 384 227	5 788 397
Net Assets Liabilities	12 930 945	12 862 097	13 227 917	13 096 250	11 779 929	11 847 971
Other Debtors	7 268	138	215 492	103	4 419	9 248
Property Plant Equipment	8 118 505	8 395 538	7 813 745	7 030 465	6 688 998	6 294 538
Total Inventories	1 244 810	985 523	855 444	394 672	446 662	973 717

Other Financial Data
Audit Fees Expenses	12 500	13 000	13 000	14 000	9 800	11 000
Accrued Liabilities Deferred Income	156 602	321 387	409 103	209 292	128 033	187 686
Accumulated Depreciation Impairment Property Plant Equipment	6 192 581	6 721 965	7 559 521	8 388 344	8 922 744	9 487 091
Additions Other Than Through Business Combinations Intangible Assets		8 391	26 601	9 151	4 211	4 691
Additions Other Than Through Business Combinations Property Plant Equipment		1 222 534	332 934	103 093	207 010	169 887
Administrative Expenses	4 354 683	4 129 869	4 266 276	3 698 576	3 682 715	4 328 288
Amounts Owed By Group Undertakings	3 459 589	3 478 593	3 449 779	3 727 178	3 166 501	2 634 789
Amounts Owed To Group Undertakings	136 646	120 381	20 381	220 381	436 207	2 940
Amounts Recoverable On Contracts		407 822	136 155
Average Number Employees During Period			126	125	117	121
Bank Borrowings				500 000	491 667	391 667
Bank Borrowings Overdrafts				491 667	391 667	291 667
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	3 476 567	4 175 144	3 305 598	3 146 670	1 381 040	1 297 734
Corporation Tax Payable		29 190	2 138	12 162
Corporation Tax Recoverable	140 880	243 387	227 163		40 922	84 855
Cost Sales	10 905 704	9 488 241	10 289 508	8 094 387	8 583 127	9 231 325
Creditors	2 520 271	2 888 028	479 586	771 942	473 428	324 912
Current Tax For Period	-7 626	-182 000	-113 354	88 068	1 718	-31 701
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws				70 534
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-1 382	69 611	-18 476	16 839	197 494	5 563
Depreciation Expense Property Plant Equipment	504 768	514 028	595 818	532 011	436 604	395 263
Dividends Paid		40 000		200 000	1 103 074	166 489
Dividends Paid On Shares Final		40 000		200 000
Dividends Paid On Shares Interim				200 000	1 103 074	166 489
Finance Lease Liabilities Present Value Total	1 361 963	768 294	479 586	540 532	303 562	108 930
Finance Lease Payments Owing Minimum Gross	1 968 794	1 361 963	986 517	568 831	314 332	112 916
Fixed Assets	8 209 004	8 494 428	7 939 236	7 165 107	6 827 851	6 438 082
Further Item Tax Increase Decrease Component Adjusting Items	24 893	25 934	-18 605	30 660	26 461	36 560
Future Finance Charges On Finance Leases				28 299	10 770	3 986
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	33 476	-677	-13 250	9 759	-20 327	-1 982
Gain Loss On Disposals Property Plant Equipment		41 257	20 111	3 500
Government Grant Income	231 876	248 459	865 427	1 220 722	267 840	270 839
Gross Profit Loss	4 427 715	3 774 473	3 569 963	2 523 148	3 283 549	4 171 474
Increase Decrease In Current Tax From Adjustment For Prior Periods	1 598	-34 327	24 970	2 409		1 666
Increase From Depreciation Charge For Year Property Plant Equipment		891 758	913 838	886 373	548 477	510 448
Intangible Assets	90 499	98 890	125 491	134 642	138 853	143 544
Intangible Assets Gross Cost	90 499	98 890	125 491	134 642	138 853	143 544
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	60	75	585	150	1 783	12 221
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	86 774	70 671	56 750	32 734	18 577	8 110
Interest Payable Similar Charges Finance Costs	86 834	70 746	57 335	32 884	20 360	20 331
Net Current Assets Liabilities	6 632 311	5 753 981	6 367 809	7 319 466	6 239 381	6 554 239
Number Shares Issued Fully Paid		1 000
Operating Profit Loss	310 864	-78 736	316 221	220 863	6 170	225 930
Other Creditors	528 432	701 728	42 712	39 210	48 678	55 758
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		362 374	76 282	57 550	14 077
Other Disposals Property Plant Equipment		416 117	77 171	57 550	14 077
Other Interest Income		680	965	620	155	2 794
Other Interest Receivable Similar Income Finance Income	356	680	965	620	155	2 794
Other Operating Income Format1	237 832	276 660	1 012 534	1 396 291	405 336	382 744
Other Taxation Social Security Payable	131 591	233 225	370 904	309 788	274 168	378 732
Par Value Share		1
Pension Other Post-employment Benefit Costs Other Pension Costs	154 942	164 999	175 753	170 035	172 735	186 873
Prepayments Accrued Income	910 907	449 123	634 117	1 106 943	1 331 568	760 584
Profit Loss	222 412	-28 848	365 820	68 333	-213 247	234 531
Profit Loss On Ordinary Activities Before Tax	224 386	-148 802	259 851	188 599	-14 035	208 393
Property Plant Equipment Gross Cost	14 311 086	15 117 503	15 373 266	15 418 809	15 611 742	15 781 629
Provisions For Liabilities Balance Sheet Subtotal	548 407	618 018	599 542	616 381	813 875	819 438
Raw Materials Consumables	134 515	222 741	198 133	279 638	242 376	348 381
Research Development Expense Recognised In Profit Or Loss	429 417	339 836	253 072	28 856	115 230	491 412
Social Security Costs	527 866	522 724	583 663	554 090	581 630	674 417
Staff Costs Employee Benefits Expense			6 543 024	6 050 693	5 987 655	6 857 678
Taxation Including Deferred Taxation Balance Sheet Subtotal	548 407	618 018	599 542	616 381
Tax Decrease Increase From Effect Revenue Exempt From Taxation	1 669
Tax Expense Credit Applicable Tax Rate		-28 272	49 372	35 834	-2 667	39 595
Tax Increase Decrease Arising From Group Relief Tax Reconciliation	12 987	4 640		-5 681
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-125 834	-125 261	-243 130	-45 723	-22 613	-111 697
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 286	1 873	1 578	961	1 165	2 522
Tax Increase Decrease From Effect Foreign Tax Rates	10 982	12 234	891	12 951	1 718
Tax Tax Credit On Profit Or Loss On Ordinary Activities	1 974	-119 954	-105 969	120 266	199 212	-26 138
Total Assets Less Current Liabilities	14 841 315	14 248 409	14 307 045	14 484 573	13 067 232	12 992 321
Total Borrowings				491 667	391 667	291 667
Total Current Tax Expense Credit	3 356	-189 565	-87 493	103 427	1 718	-31 701
Total Deferred Tax Expense Credit			-18 476	16 838
Trade Creditors Trade Payables	960 169	888 448	1 030 625	649 634	547 982	877 605
Trade Debtors Trade Receivables	1 926 963	1 892 871	2 037 582	1 594 014	1 840 817	2 298 921
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment		-362 562	-33 433	-5 095	-29 532	-12 705
Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Depreciation Impairment Property Plant Equipment						-53 899
Turnover Revenue	15 333 419	13 262 714	13 859 471	10 617 535	11 866 676	13 402 799
Wages Salaries			5 783 608	5 271 872	5 233 290	5 996 388
Work In Progress		762 782	657 311	115 034	204 286	625 336
Company Contributions To Defined Benefit Plans Directors	2 482	6 158	6 880	8 792	10 471	7 676
Director Remuneration			265 967	259 039	269 257	191 479
Director Remuneration Benefits Including Payments To Third Parties		254 743	272 847	267 831	279 728	199 155