THE NEW MCCOWAN'S (SCOTLAND) LIMITED EU & UK Data Ltd Full Report
Statutory Information Previous Name(s):
-
Registered Number:
SC308120
Incorporation Date:
05/09/2006
Registered Office:
44 TRYST ROAD STENHOUSEMUIR STIRLINGSHIRE FK5 4HA Tel: 01324562158
Latest Filed Accounts:
31/03/2010
Date Accounts Lodged: 26/02/2011
Latest Annual Return:
05/09/2010
Issued Capital: ( GBP )
1
Company Type:
Private limited with Share Capital
Company Status:
Administration Order
Type of Accounts: Full Accounts
Directory Information Telephone Number:
01324562158
Website:
-
Fax Number: -
Bankers:
ALLIED IRISH BANK LIMITED
Auditors:
ERNST & YOUNG LLP
Audit Qualification:
No Adverse Comments
Principal Activity:
Manufacture of confectionery products.
UK SIC Code(s):
1584 - MANUFACTURE OF CONFECTIONERY
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Risk Information (what is this?) Risk Score Todays:
No Rating - Administration Order
Previous:
3 (until 04/03/2011 )
Historical Trend No Rating - Administration Order (until 20/09/2011 ) 3 (until 04/03/2011 ) No Rating - Financial Statements too old (until 04/12/2010 ) 3 (until 17/12/2009 ) 1 (until 05/12/2009 ) Score Key (Key Financials Filed / Established) 71-100
Very Good Credit Worthiness
51-70
Good Credit Worthiness
30-50
Credit Worthy
21-29
Credit Against Collateral
0-20
Caution - Credit at your discretion
Liquidated/Wound-up
Company is liquidated or is wound-up
Dissolved
Company is dissolved
Petition
Petition has been filed
Score Key (Newly Incorporated) 51-100
Low Risk
30-50
Moderate Risk
0-29
Caution - High risk
Liquidated/Wound-up
Company is liquidated or is wound-up
Dissolved
Company is dissolved
Petition
Petition has been filed
Credit Limit ( GBP ) Todays:
0
Previous:
0 (until 05/12/2009 )
County Court Judgments Summary:
Number of exact unsatisfied CCJs: None Number of possible unsatisfied CCJs: None Number of writs: None
Judgments in the last six years
Group Structure Ultimate Parent Company:
WALSH ENTERPRISES LIMITED
Companies in group:
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Company Name
Registered Number
Latest Key Financials
BRISTOWS CONFECTIONERY LIMITED
06775333
31/03/2010
WHAM INTERNATIONAL LIMITED
06816098
03/03/2010
THE NEW MCCOWAN''S (SCOTLAND) LIMITED
SC308120
31/03/2010
Ownership Total Issued Capital: ( GBP )
1
Name
Individual Shareholding
WALSH ENTERPRISES LTD
1 ORDINARY GBP 1.00
Mortgages Total number of outstanding charges:
2
Total number of fully satisfied charges:
4
Date Charge Registered:
16/03/2011
Charge Type:
debenture
Date Charge Created:
30/07/2009
Lender:
walsh enterprises limited
Secured on: Details:
fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, bookdebts, uncalled capital, buildings, fixtures, fixed plant & machinery
Date Charge Registered:
14/03/2011
Charge Type:
floating charge
Date Charge Created:
09/02/2009
Lender:
aib group (uk) plc
Secured on: Details:
undertaking & all property & assets present & future, including uncalled capital
Date Charge Registered:
16/02/2008
Charge Type:
floating charge
Date Charge Created:
08/02/2008
Lender:
andrew walsh
Secured on:
all sums due or to become due
Details:
undertaking and all property and assetspresent and future of the company including uncalled capital
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Date Charge Registered:
10/01/2007
Charge Type:
floating charge
Date Charge Created:
28/12/2006
Lender:
rbs invoice finance limited
Secured on:
all sums due or to become due
Details:
undertaking and all property and assetspresent and future of the company including uncalled capital
Date Charge Registered:
07/10/2006
Charge Type:
floating charge
Date Charge Created:
03/10/2006
Lender:
speriam securities inc.
Secured on:
all sums due or to become due
Details:
undertaking and all property and assetspresent and future of the company including uncalled capital
Date Charge Registered:
11/10/2006
Charge Type:
floating charge
Date Charge Created:
03/10/2006
Lender:
san mackenzie enterprises limited
Secured on:
all sums due or to become due
Details:
undertaking and all property and assetspresent and future of the company including uncalled capital
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Profit & Loss Account Date of Accounts
31/03/2010 28/02/2009 29/02/2008
Consolidated
N
N
N
No. of Months
14
12
18
Currency
( GBP '000) ( GBP '000) ( GBP '000)
Turnover
8,421.767
8,449.991
6,481.406
Export
82.222
1,520.998
0
Cost of Sales
7,080.527
7,448.487
5,584.15
Gross Profit
1,341.24
1,001.504
897.256
Wages & Salaries
2,502.055
2,613.628
1,393.405
Directors Emoluments
0
0
29.12
Operating Profit
-2,424.982 -1,869.246 -2,910.294
Depreciation
349.499
102.277
112.395
Audit Fees
25
20
30
Interest Payments
45.021
106.588
18.13
Pre-Tax Profit
-2,381.087 -1,974.308 -2,928.424
Taxation
0
Profit After Tax
-2,381.087 -1,974.308 -2,928.424
Dividends Payable
0
Retained Profit
-2,381.087 -1,974.308 -2,928.424
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0 0
0 0
Balance Sheet Date of Accounts
31/03/2010 28/02/2009 29/02/2008
No. of Months
14
Currency
( GBP '000) ( GBP '000) ( GBP '000)
Tangible Fixed Assets:
2,954.466
1,151.402
712.27
Intangible Assets:
0
0
0
Total Fixed Assets:
2,954.466
1,151.402
712.27
Stock:
576.743
1,099.691
479.313
Trade Debtors:
2,782.476
2,382.88
74.203
Cash:
13.25
0.622
20.081
Other Debtors:
593.745
374.228
9.015
Miscellaneous Current Assets:
0
0
0
Total Current Assets:
3,966.214
3,857.421
582.612
Trade Creditors:
7,512.582
4,369.984
2,286.2
Bank Loans & Overdrafts:
0
31.768
0
Other Short Term Finance:
3,385.961
3,360.211
857.375
Miscellaneous Current Liabilities:
1,441.372
1,260.699
1,079.73
Total Current Liabilities:
12,339.915 9,022.662
4,223.305
Bank Loans & Overdrafts and LTL:
0
31.768
0
Other Long Term Finance:
0
0
0
Total Long Term Liabilities:
0
0
0
Share Capital & Reserves:
0.001
0.001
0.001
P & L Account Reserve:
-7,283.819 -4,902.732 -2,928.424
Revaluation Reserve:
0
0
0
Sundry Reserves:
1,864.583
888.892
0
Shareholder Funds:
-5,419.235 -4,013.839 -2,928.423
Net Worth:
-5,419.235 -4,013.839 -2,928.423
Working Capital:
-8,373.701 -5,165.241 -3,640.693
Total Assets:
6,920.68
5,008.823
1,294.882
Total Liabilities:
12,339.915 9,022.662
4,223.305
Net Assets:
-5,419.235 -4,013.839 -2,928.423
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12
18
Cash Flow Date of Accounts
31/03/2010 28/02/2009 29/02/2008
No. of Months
14
Currency
( GBP '000) ( GBP '000) ( GBP '000)
Net Cash Flow From Operations:
0
0
0
Net Cash Flow before Financing:
0
0
0
Net Cash Flow From Financing:
0
0
0
Increase In Cash:
-
-
-
12
18
Ratios Date of Accounts
31/03/2010 28/02/2009 29/02/2008
Pre-tax Profit Margin %:
- 28.30
- 23.40
- 45.20
Current Ratio:
0.32
0.43
0.14
Sales/Net Working Capital:
- 1.01
- 1.64
- 1.78
Gearing %:
-
- 0.80
-
Equity in %:
- 78.30
- 80.10
- 226.20
Creditor Days:
325.60
188.76
128.75
Debtor Days:
120.59
102.93
4.18
Liquidity/Acid Test:
0.27
0.30
0.02
Return On Capital Employed %:
43.90
49.20
100.00
Return On Total Assets Employed %:
- 34.40
- 39.40
- 226.20
Current Debt Ratio %:
- 2.30
- 2.20
- 1.40
Total Debt Ratio %:
- 2.30
- 2.20
- 1.40
Stock Turnover Ratio %:
6.80
13.00
7.40
Return on Net Assets Employed %:
43.90
49.20
100.00
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Growths Date of Accounts
31/03/2010 28/02/2009 29/02/2008
Tangible Fixed Assets:
156.6%
61.7%
Intangible Assets:
-
-
Total Fixed Assets:
156.6%
61.7%
Stock:
- 47.6%
129.4%
Trade Debtors:
16.8%
3,111.3%
Cash:
2,030.2%
- 96.9%
Other Debtors:
58.7%
4,051.2%
Miscellaneous Current Assets:
-
-
Total Current Assets:
2.8%
562.1%
Trade Creditors:
71.9%
91.1%
Bank Loans & Overdrafts:
- 100%
-
Other Short Term Finance:
0.8%
291.9%
Miscellaneous Current Liabilities:
14.3%
16.8%
Total Current Liabilities:
36.8%
113.6%
Bank Loans & Overdrafts and LTL:
- 100%
-
Other Long Term Finance:
-
-
Total Long Term Liabilities:
-
-
Share Capital & Reserves:
-
-
P & L Account Reserve:
- -48.6%
- -67.4%
Revaluation Reserve:
-
-
Sundry Reserves:
109.8%
-
Shareholder Funds:
- -35%
- -37.1%
Net Worth:
- -35%
- -37.1%
Working Capital:
- -62.1%
- -41.9%
Total Assets:
38.2%
286.8%
Total Liabilities:
36.8%
113.6%
Net Assets:
- -35%
- -37.1%
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Filing History 04/03/2011 New Accounts Filed 04/03/2011 New Accounts Filed 01/03/2011 Mr K.C. Graham has left the board 28/09/2010 Annual Returns 17/12/2009 New Accounts Filed 17/12/2009 New Accounts Filed 16/12/2009 Change in Reg.Office 23/09/2009 Annual Returns 13/05/2009 New Accounts Filed 26/03/2009 New Board Member Mr K.C. Graham appointed 17/02/2009 Change of Name 08/12/2008 New Company Secretary Mr M.J. Lodge appointed 16/11/2008 Annual Returns 13/11/2008 Mr E.A. Bugden has left the board 13/11/2008 New Board Member Mr A.C. Walsh appointed
Officers Company Secretaries Michael John Lodge Function:
Company Secretary
Appointment Date:
12/06/2008
Date of Birth:
28/02/1952
Present Appointments:
19
Address
Park Baylis Cobies Lane High Wych Saw Bridgeworth Hertfordshire CM21 0LE
EU & UK Data Ltd Full Report Report Created - 21/09/2011 - Page 9
Company
Function
Appointment Date
WALSH ENTERPRISES LIMITED
Director
01/02/2009
WHAM INTERNATIONAL LIMITED
Company Secretary
16/02/2009
H. AYTON BUILDERS LIMITED
Director
06/11/2002
DOMAINCLICKS.COM LIMITED
Director
17/04/2000
DATAMANAGE LIMITED
Director
05/01/2000
ST CROSS DEVELOPMENTS LIMITED
Director
18/01/1996
ST CROSS CHAMBERS MANAGEMENT LIMITED
Company Secretary
01/11/1999
ST CROSS CHAMBERS MANAGEMENT LIMITED
Director
18/01/1996
CLASSIQUE CONFECTIONERY LIMITED
Company Secretary
14/07/2008
MJL BUSINESS SERVICES LIMITED
Director
12/06/2002
ALLUNITE LIMITED
Director
22/09/2009
THE NEW MCCOWAN'S (SCOTLAND) LIMITED
Company Secretary
12/06/2008
J D FINISHERS LIMITED
Director
28/04/2004
LEISURE ISLAND LIMITED
Director
19/11/2009
THORNYCROFT LIMITED
Company Secretary
12/06/2008
LANDGALE LIMITED
Director
28/05/1992
LANDGALE LIMITED
Company Secretary
28/05/1992
ST CROSS ESTATES (HOLDINGS) LIMITED
Director
27/04/2006
RED MONSTER LIMITED
Director
28/10/2003
Company
Function
Appointment Date
WALSH ENTERPRISES LIMITED
Director
17/10/2008
WHAM INTERNATIONAL LIMITED
Director
16/02/2009
CLASSIQUE CONFECTIONERY LIMITED
Director
28/01/1991
THE NEW MCCOWAN'S (SCOTLAND) LIMITED
Director
08/02/2008
STRIKEGOLD LIMITED
Director
20/07/2011
THORNYCROFT LIMITED
Director
31/12/1990
BRISTOWS CONFECTIONERY LIMITED
Director
22/12/2008
Current Directors Andrew Charles Walsh Function:
Director
Appointment Date:
08/02/2008
Date of Birth:
26/03/1962
Present Appointments:
7
Address
Martelo Place Martello Road Branksome Park Poole Dorset BH13 7DQ
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Trading Address:
44 Tryst Road Stenhousemuir Stirlingshire FK5 4HA Tel: 562158
Trading Address:
21 St Peters Street Nottingham Nottinghamshire NG7 3EN Tel: 791456
Trading Address:
Clairmonts Solicitors 9 Clairmont Gardens Glasgow Lanarkshire G3 7LW
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