Your Local Factor Ltd GLASGOW


Your Local Factor started in year 2015 as Private Limited Company with registration number SC500054. The Your Local Factor company has been functioning successfully for 9 years now and its status is active. The firm's office is based in Glasgow at 1 Newton Terrace. Postal code: G3 7PL. Since 12th July 2022 Your Local Factor Ltd is no longer carrying the name Djm Property Management & Factoring.

The firm has 3 directors, namely Gordon D., David D. and Neil W.. Of them, David D., Neil W. have been with the company the longest, being appointed on 1 June 2021 and Gordon D. has been with the company for the least time - from 5 October 2021. As of 29 March 2024, there was 1 ex director - Douglas M.. There were no ex secretaries.

Your Local Factor Ltd Address / Contact

Office Address 1 Newton Terrace
Town Glasgow
Post code G3 7PL
Country of origin United Kingdom

Company Information / Profile

Registration Number SC500054
Date of Incorporation Tue, 10th Mar 2015
Industry Residents property management
End of financial Year 31st December
Company age 9 years old
Account next due date Mon, 30th Sep 2024 (185 days left)
Account last made up date Sat, 31st Dec 2022
Next confirmation statement due date Sun, 24th Mar 2024 (2024-03-24)
Last confirmation statement dated Fri, 10th Mar 2023

Company staff

Gordon D.

Position: Director

Appointed: 05 October 2021

David D.

Position: Director

Appointed: 01 June 2021

Neil W.

Position: Director

Appointed: 01 June 2021

Douglas M.

Position: Director

Appointed: 10 March 2015

Resigned: 01 June 2021

People with significant control

The register of PSCs who own or control the company is made up of 3 names. As we identified, there is David D. The abovementioned PSC has significiant influence or control over this company,. The second one in the PSC register is Neil W. This PSC has significiant influence or control over the company,. The third one is Douglas M., who also meets the Companies House criteria to be listed as a PSC. This PSC owns 75,01-100% shares and has 75,01-100% voting rights.

David D.

Notified on 8 March 2023
Nature of control: significiant influence or control

Neil W.

Notified on 8 March 2023
Nature of control: significiant influence or control

Douglas M.

Notified on 10 April 2016
Ceased on 1 June 2021
Nature of control: 75,01-100% shares
75,01-100% voting rights

Company previous names

Djm Property Management & Factoring July 12, 2022

Annual reports financial information

Profit & Loss
Accounts Information Date 2016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312021-12-312022-12-31
Net Worth-21 568       
Balance Sheet
Cash Bank On Hand7 81819 046  1 65124 32926 23270 988
Current Assets8 29819 04610 7276 8841 65172 32174 625144 253
Debtors4803 700  15 24447 99248 39373 265
Net Assets Liabilities 24 65123 86916 14815 131-30 773  
Other Debtors    15 24447 99248 39373 265
Property Plant Equipment1 8641 264  13 7644 528  
Cash Bank In Hand7 818       
Tangible Fixed Assets1 864       
Reserves/Capital
Called Up Share Capital1       
Profit Loss Account Reserve-21 569       
Shareholder Funds-21 568       
Other
Accumulated Depreciation Impairment Property Plant Equipment5361 136  3 63618 657  
Additions Other Than Through Business Combinations Property Plant Equipment     5 785  
Amounts Owed To Group Undertakings Participating Interests      82 57382 573
Average Number Employees During Period   111  
Balances Amounts Owed To Related Parties      82 57382 573
Bank Borrowings Overdrafts    14 55050 000  
Corporation Tax Payable      3 9128 762
Creditors31 73048 66144 65434 44031 24057 62289 829106 197
Depreciation Rate Used For Property Plant Equipment     25 25
Fixed Assets 1 26466413 11413 7644 528  
Increase From Depreciation Charge For Year Property Plant Equipment 600   15 021  
Net Current Assets Liabilities-23 43225 91517 3839 31214 34514 699-15 20438 056
Other Creditors5 95019 042  16 55019 1893 34414 862
Other Remaining Borrowings    14 69038 433  
Payments To Related Parties     3 565  
Property Plant Equipment Gross Cost2 400   17 40023 185  
Total Assets Less Current Liabilities-21 56824 65116 7193 80258119 227-15 20438 056
Accrued Liabilities2 5082 855      
Creditors Due Within One Year31 730       
Future Minimum Lease Payments Under Non-cancellable Operating Leases12 00012 000      
Number Shares Allotted1       
Number Shares Issued Fully Paid 1      
Par Value Share11      
Prepayments Accrued Income4803 700      
Share Capital Allotted Called Up Paid1       
Tangible Fixed Assets Additions7 650       
Tangible Fixed Assets Cost Or Valuation2 400       
Tangible Fixed Assets Depreciation536       
Tangible Fixed Assets Depreciation Charged In Period536       
Tangible Fixed Assets Disposals5 250       
Accrued Liabilities Not Expressed Within Creditors Subtotal  1 200     
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal 3 70016 54418 24415 244   

Company filings

Filing category
Accounts Address Annual return Change of name Confirmation statement Incorporation Mortgage Officers Persons with significant control
Total exemption full accounts data made up to 31st December 2022
filed on: 22nd, September 2023
Free Download (6 pages)

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