Macduff Shipyards started in year 1977 as Private Limited Company with registration number SC063241. The Macduff Shipyards company has been functioning successfully for 47 years now and its status is active. The firm's office is based in Macduff at The Harbour. Postal code: AB44 1QT.
The firm has 3 directors, namely Rory M., Clifford R. and John W.. Of them, Clifford R., John W. have been with the company the longest, being appointed on 6 April 1989 and Rory M. has been with the company for the least time - from 5 May 2022. As of 25 April 2024, there were 4 ex directors - Roderick M., William F. and others listed below. There were no ex secretaries.
This company operates within the AB44 1QT postal code. The company is dealing with transport and has been registered as such. Its registration number is OM0032679 . It is located at Boat Building Yard & Shed, 4 Union Road, Macduff with a total of 2 carsand 1 trailers.
| Office Address | The Harbour |
| Office Address2 | Macduff |
| Town | Macduff |
| Post code | AB44 1QT |
| Country of origin | United Kingdom |
| Registration Number | SC063241 |
| Date of Incorporation | Mon, 10th Oct 1977 |
| Industry | Building of ships and floating structures |
| End of financial Year | 28th February |
| Company age | 47 years old |
| Account next due date | Thu, 30th Nov 2023 (147 days after) |
| Account last made up date | Mon, 28th Feb 2022 |
| Next confirmation statement due date | Thu, 18th Apr 2024 (2024-04-18) |
| Last confirmation statement dated | Tue, 4th Apr 2023 |
Position: Director
Appointed: 05 May 2022
Position: Corporate Secretary
Appointed: 02 April 2019
Position: Director
Appointed: 06 April 1989
Position: Director
Appointed: 06 April 1989
The list of persons with significant control that own or have control over the company includes 2 names. As BizStats established, there is Clifford R. This PSC has 25-50% voting rights and has 25-50% shares. Another entity in the PSC register is John W. This PSC owns 25-50% shares and has 25-50% voting rights.
Clifford R.
| Notified on | 23 November 2016 |
| Nature of control: |
25-50% voting rights 25-50% shares |
John W.
| Notified on | 23 November 2016 |
| Nature of control: |
25-50% voting rights 25-50% shares |
| Profit & Loss | ||
|---|---|---|
| Accounts Information Date | 2022-02-28 | 2023-02-28 |
| Balance Sheet | ||
| Cash Bank On Hand | 7 045 538 | 7 890 297 |
| Current Assets | 15 267 025 | 17 558 820 |
| Debtors | 4 113 600 | 4 794 412 |
| Net Assets Liabilities | 16 787 259 | 18 804 624 |
| Other Debtors | 205 497 | 225 249 |
| Property Plant Equipment | 7 479 985 | 9 006 183 |
| Total Inventories | 4 107 887 | 4 874 111 |
| Other | ||
| Audit Fees Expenses | 20 000 | 24 000 |
| Accrued Liabilities Deferred Income | 824 061 | 1 007 838 |
| Accrued Liabilities Not Expressed Within Creditors Subtotal | 478 202 | 550 087 |
| Accumulated Depreciation Impairment Property Plant Equipment | 5 907 828 | 6 164 129 |
| Additions Other Than Through Business Combinations Property Plant Equipment | 2 762 716 | |
| Administrative Expenses | 2 384 490 | 2 761 796 |
| Average Number Employees During Period | 214 | 220 |
| Bank Borrowings | 38 553 | 34 262 |
| Bank Borrowings Overdrafts | 32 887 | 28 439 |
| Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment | 2 251 240 | 2 641 275 |
| Cash Cash Equivalents Cash Flow Value | 7 045 538 | 7 890 297 |
| Cash Flows From Disposal Or Reduction In Control Over Subsidiaries Or Other Businesses | 31 660 | |
| Corporation Tax Payable | 150 972 | |
| Corporation Tax Recoverable | 14 543 | |
| Cost Sales | 25 551 923 | 23 772 247 |
| Creditors | 805 544 | 1 076 644 |
| Current Tax For Period | 171 997 | 240 547 |
| Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period | 1 407 | |
| Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws | 216 169 | |
| Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences | 232 909 | 282 967 |
| Depreciation Expense Property Plant Equipment | 294 981 | 259 336 |
| Depreciation Impairment Expense Property Plant Equipment | 625 553 | 676 085 |
| Dividends Paid | 67 680 | 54 170 |
| Dividends Paid Classified As Financing Activities | -67 680 | -54 170 |
| Dividends Paid On Shares Interim | 67 680 | 54 170 |
| Finance Lease Liabilities Present Value Total | 1 041 922 | 1 428 487 |
| Finance Lease Payments Owing Minimum Gross | 1 086 015 | 1 489 014 |
| Finished Goods Goods For Resale | 23 041 | 74 400 |
| Fixed Assets | 8 798 603 | 10 311 672 |
| Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities | 54 818 | 4 291 |
| Further Item Deferred Expense Credit Component Total Deferred Tax Expense | 1 407 | |
| Further Item Tax Increase Decrease Component Adjusting Items | 40 314 | -68 986 |
| Future Finance Charges On Finance Leases | 44 093 | 60 527 |
| Future Minimum Lease Payments Under Non-cancellable Operating Leases | 2 408 529 | 2 368 237 |
| Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss | -20 238 | -6 706 |
| Gain Loss On Disposals Property Plant Equipment | 105 223 | 32 628 |
| Government Grant Income | 40 511 | 16 974 |
| Gross Profit Loss | 3 996 034 | 5 122 406 |
| Income From Related Parties | 18 699 | 59 963 |
| Income Taxes Paid Refund Classified As Operating Activities | -99 914 | -70 638 |
| Increase Decrease In Current Tax From Adjustment For Prior Periods | 7 946 | -4 394 |
| Increase From Depreciation Charge For Year Property Plant Equipment | 676 085 | |
| Intangible Assets | 673 816 | 673 816 |
| Intangible Assets Gross Cost | 673 816 | |
| Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings | 3 411 | 3 904 |
| Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts | 25 000 | 55 000 |
| Interest Income On Bank Deposits | 10 460 | 161 535 |
| Interest Payable Similar Charges Finance Costs | 28 411 | 58 904 |
| Interest Received Classified As Investing Activities | -10 460 | -161 535 |
| Investments | 644 802 | 631 673 |
| Investments Fixed Assets | 644 802 | 631 673 |
| Investments In Associates | 193 123 | 179 994 |
| Investments In Joint Ventures | 220 000 | 220 000 |
| Investments In Subsidiaries | 231 679 | 231 679 |
| Net Cash Flows From Used In Operating Activities | -2 904 351 | -2 462 142 |
| Net Cash Generated From Operations | -3 032 676 | |
| Net Current Assets Liabilities | 10 406 014 | 11 536 262 |
| Net Finance Income Costs | 10 460 | 161 535 |
| Net Interest Paid Received Classified As Operating Activities | -28 411 | -58 904 |
| Operating Profit Loss | 1 755 280 | 2 488 024 |
| Other Disposals Decrease In Depreciation Impairment Property Plant Equipment | 419 784 | |
| Other Disposals Property Plant Equipment | 980 217 | |
| Other Interest Receivable Similar Income Finance Income | 10 460 | 161 535 |
| Other Operating Income Format1 | 143 736 | 127 414 |
| Other Remaining Borrowings | 60 533 | 34 307 |
| Other Taxation Social Security Payable | 194 808 | 210 745 |
| Payments Finance Lease Liabilities Classified As Financing Activities | -279 158 | -383 435 |
| Payments Received On Account | 927 515 | 290 198 |
| Pension Other Post-employment Benefit Costs Other Pension Costs | 269 352 | 387 350 |
| Percentage Class Share Held In Subsidiary | 100 | |
| Prepayments Accrued Income | 20 874 | 21 055 |
| Proceeds From Sales Property Plant Equipment | -243 096 | -593 061 |
| Profit Loss | 1 106 901 | 2 071 535 |
| Profit Loss On Ordinary Activities Before Tax | 1 737 329 | 2 590 655 |
| Profit Loss Subsidiaries | 18 005 | |
| Property Plant Equipment Gross Cost | 13 387 813 | 15 170 312 |
| Purchase Property Plant Equipment | -626 991 | -1 992 716 |
| Raw Materials Consumables | 2 676 570 | 2 899 102 |
| Redemption Shares Decrease In Equity | 1 374 052 | |
| Repayments Borrowings Classified As Financing Activities | -26 230 | -26 226 |
| Social Security Costs | 832 687 | 961 981 |
| Staff Costs Employee Benefits Expense | 9 167 985 | 10 199 018 |
| Taxation Including Deferred Taxation Balance Sheet Subtotal | 1 133 612 | 1 416 579 |
| Tax Expense Credit Applicable Tax Rate | 330 093 | 492 224 |
| Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss | 15 102 | |
| Tax Tax Credit On Profit Or Loss On Ordinary Activities | 630 428 | 519 120 |
| Total Assets Less Current Liabilities | 19 204 617 | 21 847 934 |
| Total Borrowings | 99 086 | 68 569 |
| Total Current Tax Expense Credit | 179 943 | 236 153 |
| Total Deferred Tax Expense Credit | 450 485 | 282 967 |
| Total Operating Lease Payments | 101 518 | 100 916 |
| Trade Creditors Trade Payables | 2 579 163 | 3 942 393 |
| Trade Debtors Trade Receivables | 3 872 686 | 4 548 108 |
| Turnover Revenue | 29 547 957 | 28 894 653 |
| Wages Salaries | 8 065 946 | 8 849 687 |
| Work In Progress | 1 408 276 | 1 900 609 |
| Company Contributions To Defined Benefit Plans Directors | 15 120 | 90 584 |
| Director Remuneration | 441 368 | 460 467 |
| Director Remuneration Benefits Including Payments To Third Parties | 456 488 | 551 051 |
| Boat Building Yard & Shed | |
|---|---|
| Address | 4 Union Road |
| City | Macduff |
| Post code | AB44 1UJ |
| Vehicles | 2 |
| Trailers | 1 |
| Type | Category | Free download | |
|---|---|---|---|
| AA |
Full accounts for the period ending Tue, 28th Feb 2023 filed on: 15th, November 2023 |
accounts | Free Download (33 pages) |
© bizstats.co.uk 2024.
Terms of Use and Privacy Policy