Young Subsea Engineering Ltd in Kinross, KY13 0LS

Description

Data updated on: 01-11-2023

This company is registered in Kinross under the following Company Registration No.: SC412258. The company was registered in 2011. The main office of this firm is situated at Toll House Watergate Cleish. The postal code is KY13 0LS. This company's SIC and NACE codes are 71122 which stands for Engineering related scientific and technical consulting activities. Young Subsea Engineering Limited filed its account information for the financial year up to 2022-11-30. Its latest confirmation statement was submitted on 2022-11-29.

Adam Y. and Natalie Y. are the company's directors and have been doing everything they can to help the company for thirteen years.

Executives who have control over the firm are as follows: Adam Y. owns over 1/2 to 3/4 of company shares . Natalie Y. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-11-30	2013-11-30	2014-11-30	2015-11-30	2016-11-30	2017-11-30	2018-11-30	2019-11-30	2020-11-30	2021-11-30	2022-11-30	2023-11-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	25 804	74 801	81 940	123 738	99 491

Balance Sheet
Cash Bank On Hand					69 708	68 409	66 802	39 971	89 499	78 657	18 742	19 379
Current Assets	74 523	106 770	118 681	153 554	85 219	84 145	87 431	66 228	124 785	126 125	149 442	77 917
Debtors	11 865	38 333	18 742		15 511	15 736	20 629	26 257	35 286	47 468	130 700	58 538
Net Assets Liabilities					99 491	83 151	62 006	25 607	28 253	34 801	45 754	38 032
Other Debtors										24 336	36 435	29 336
Property Plant Equipment					24 960	28 903	23 545	30 936	41 552	50 347	145 757	150 813
Cash Bank In Hand	62 658	68 437	99 939	116 366	69 708
Net Assets Liabilities Including Pension Asset Liability	25 804	74 801	81 940	123 738	99 491
Stocks Inventory				37 188
Tangible Fixed Assets	2 855	9 328	6 868	4 983	24 960

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	25 704	74 701	81 840	123 638	99 391
Shareholder Funds	25 804	74 801	81 940	123 738	99 491

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					16 394	26 707	35 566	40 669	34 291	39 922	88 778	133 234
Additions Other Than Through Business Combinations Property Plant Equipment						14 256	3 501	20 244	36 718	30 778	144 266	58 354
Administrative Expenses						91 421	88 245	110 534
Average Number Employees During Period					2	2	2	2	2	3	3	3
Bank Borrowings									50 000	39 352	29 845	25 005
Corporation Tax Payable					5 451	10 954
Creditors					13 196	31 616	44 261	68 326	50 000	39 352	99 555	67 444
Disposals Decrease In Depreciation Impairment Property Plant Equipment								-6 369	-20 983	-11 941		-6 532
Disposals Property Plant Equipment								-7 750	-32 480	-16 352		-8 842
Finance Lease Liabilities Present Value Total									1 085
Financial Assets						7 500
Fixed Assets	2 855		6 868	9 983	32 460	36 403	23 545
Increase From Depreciation Charge For Year Property Plant Equipment						10 313	8 860	11 472	14 605	17 572	48 856	50 988
Net Current Assets Liabilities	23 520	67 340	76 446	114 752	72 023	52 529	43 170	-2 098	43 785	33 375	27 246	-12 158
Operating Profit Loss						57 882	56 132	26 987
Other Creditors					4 109	11 651	21 872	52 109	54 445	57 139	96 673	31 469
Other Interest Receivable Similar Income Finance Income						21	35	93
Other Operating Income Format1							175
Other Remaining Borrowings											69 710	42 439
Prepayments											9 845	7 842
Profit Loss						46 160	45 355	23 601
Profit Loss On Ordinary Activities Before Tax						57 903	56 167	27 080
Property Plant Equipment Gross Cost					41 354	55 610	59 111	71 605	75 843	90 269	234 535	284 047
Provisions For Liabilities Balance Sheet Subtotal					4 992	5 781	4 709	3 231	7 084	9 569	27 694	33 179
Taxation Social Security Payable					9 087	19 965	22 389	12 702	25 349	24 486	440	32 641
Tax Tax Credit On Profit Or Loss On Ordinary Activities						11 743	10 812	3 479
Total Assets Less Current Liabilities	26 375	76 668	83 314	124 735	104 483	88 932	66 715	28 838	85 337	83 722	173 003	138 655
Total Borrowings									1 085	39 352	99 555	67 444
Trade Creditors Trade Payables								3 515	120	477	14 435	768
Trade Debtors Trade Receivables					15 511	15 736	20 629	26 257	35 286	23 132	84 420	21 360
Turnover Revenue						149 303	144 202	137 521
Company Contributions To Money Purchase Plans Directors					13 932	14 157	14 391	14 631	14 879	15 135
Director Remuneration					16 200	19 443	20 072	20 848	21 713	22 094
Creditors Due Within One Year	51 003	39 430	42 235	38 802	13 196
Investments Fixed Assets				5 000	7 500
Number Shares Allotted		100	100	100	100
Par Value Share		1	1	1	1
Provisions For Liabilities Charges	571	1 867	1 374	997	4 992
Share Capital Allotted Called Up Paid	100	100	100	100	100
Tangible Fixed Assets Additions	3 760	9 869	400	465	29 568
Tangible Fixed Assets Cost Or Valuation	3 760	13 629	14 029	14 494	41 354
Tangible Fixed Assets Depreciation	905	4 301	7 161	9 511	16 394
Tangible Fixed Assets Depreciation Charged In Period		3 396	2 860	2 350	8 708
Tangible Fixed Assets Depreciation Decrease Increase On Disposals					1 825
Tangible Fixed Assets Disposals					2 708
Advances Credits Directors		4 998
Creditors Due Within One Year Total Current Liabilities	51 003
Tangible Fixed Assets Depreciation Charge For Period	905

Company staff

Adam Y.

Role: Director

Appointed: 29 November 2011

Latest update: 2 May 2024

Natalie Y.

Role: Director

Appointed: 29 November 2011

Latest update: 2 May 2024

People with significant control

Adam Y.

Notified on 6 April 2016

Nature of control:

over 1/2 to 3/4 of shares

Natalie Y.

Notified on 6 April 2016

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	31 August 2024
Account last made up date	30 November 2022
Confirmation statement next due date	13 December 2023
Confirmation statement last made up date	29 November 2022

Annual Accounts
Start Date For Period Covered By Report	01 December 2012
End Date For Period Covered By Report	30 November 2013
Annual Accounts 25 February 2015
Start Date For Period Covered By Report	01 December 2013
End Date For Period Covered By Report	30 November 2014
Date Approval Accounts	25 February 2015
Annual Accounts 25 March 2016
Start Date For Period Covered By Report	01 December 2014
End Date For Period Covered By Report	30 November 2015
Date Approval Accounts	25 March 2016
Annual Accounts 3 February 2017
Start Date For Period Covered By Report	01 December 2015
End Date For Period Covered By Report	30 November 2016
Date Approval Accounts	3 February 2017
Annual Accounts
Start Date For Period Covered By Report	01 December 2015
End Date For Period Covered By Report	30 November 2016
Annual Accounts
Start Date For Period Covered By Report	01 December 2015
End Date For Period Covered By Report	30 November 2016
Annual Accounts
Start Date For Period Covered By Report	01 December 2015
End Date For Period Covered By Report	30 November 2016
Annual Accounts
Start Date For Period Covered By Report	01 December 2015
End Date For Period Covered By Report	30 November 2016
Annual Accounts
Start Date For Period Covered By Report	01 December 2015
End Date For Period Covered By Report	30 November 2016
Annual Accounts
Start Date For Period Covered By Report	01 December 2015
End Date For Period Covered By Report	30 November 2016
Annual Accounts
Start Date For Period Covered By Report	01 December 2015
End Date For Period Covered By Report	30 November 2016
Annual Accounts 14 February 2014
Date Approval Accounts	14 February 2014

Young Subsea Engineering Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Adam Y.

Natalie Y.

People with significant control

Adam Y.

Natalie Y.

Accounts Documents

Company filings

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