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Financial and Credit Report |
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JORDANS
(SCOTLAND) LIMITED
BASIC DETAILS
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Registered Office |
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Telephone Number |
0131 5576966 |
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Registered Number |
SC057796 |
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Company Type |
Private limited with Share Capital |
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Latest Accounts |
Mar. 31, 2006
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Last Annual Return |
Mar. 31, 2007
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Last Document filed |
Nov. 21, 2007
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Turnover (03/2006) |
1,025,460 GBP
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Last Name Change |
Apr. 03, 1995
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Incorporated |
May. 16, 1975
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Accounts Year End |
03/2006 |
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Number of Employees |
16 |
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Currency
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(GBP) |
PREVIOUS NAME
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Apr. 03, 1995
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OSWALDS OF EDINBURGH
LIMITED/JORDANS (SCOTLAND) LIMITED |
ACTIVITIES
Trades as
company formation and search agents and provides a specialist scottish property
information services.
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Primary SIC Code |
7414 -BUSINESS &
MANAGEMENT CONSULTANCY ACTIVITIES |
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Other SIC Codes |
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CREDIT SCORE & RATING
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Current QuiScore |
Mar. 31, 2006 |
37 |
Caution |
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Previous Period's QuiScore |
Mar. 2005 |
23 |
Caution |
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QuiRating
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0 |
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The
calculations are based on accounts for relevant period.
They must be interpred and used in the light of the QuiScore and QuiRating
information.
The QuiScoreand QuiRating have been devised by Qui Credit Assessment Ltd.
PROFILE
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03/2006 |
03/2005 |
03/2004 |
03/2003 |
03/2002 |
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12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
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£ 's |
£ 's |
£ 's |
£ 's |
£ 's |
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Turnover
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1,025,460 |
1,090,525 |
1,292,184 |
1,258,613 |
1,203,706 |
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Profit (loss) before Tax |
-43,440 |
-169,269 |
-33,240 |
15,985 |
-42,181 |
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Net Assets (Liab.) |
-85,577 |
-54,727 |
64,615 |
87,647 |
77,382 |
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Shareholder Funds |
-85,577 |
-54,727 |
64,615 |
87,647 |
77,382 |
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Profit Margin (%) |
-4.24 |
-15.52 |
-2.57 |
1.27 |
-3.50 |
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Return on Shareholder Funds (%) |
0.00 |
0.00 |
-51.44 |
18.24 |
-54.51 |
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Return on Capital Employed (%) |
0.00 |
0.00 |
-51.44 |
18.24 |
-54.51 |
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Gearing (%) |
0.00 |
0.00 |
215.52 |
141.88 |
28.04 |
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Liquidity Ratio |
0.81 |
0.86 |
1.08 |
1.18 |
1.12 |
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Number of Employees |
16 |
19 |
22 |
22 |
23 |
PROFIT & LOSS ACCOUNT
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03/2006 |
03/2005 |
03/2004 |
03/2003 |
03/2002 |
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12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
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£ 's |
£ 's |
£ 's |
£ 's |
£ 's |
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Turnover
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1,025,460 |
1,090,525 |
1,292,184 |
1,258,613 |
1,203,706 |
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UK Turnover |
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1,284,166 |
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Export Turnover |
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8,018 |
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Cost of Sales |
-825,343 |
-917,986 |
-1,004,971 |
-1,013,034 |
-1,024,046 |
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Operating Expenses |
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Gross Profit |
200,117 |
172,539 |
287,213 |
245,579 |
179,660 |
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Depreciation |
13,779 |
14,293 |
12,875 |
20,217 |
27,271 |
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Other Expenses |
-248,424 |
-347,515 |
-323,372 |
-229,594 |
-223,285 |
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Operating Profit |
-48,307 |
-174,976 |
-36,159 |
15,985 |
-43,625 |
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Other Income |
4,868 |
5,707 |
2,919 |
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1,444 |
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Exceptional Items |
-1 |
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Profit (loss) before Interest |
-43,440 |
-169,269 |
-33,240 |
15,985 |
-42,181 |
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Interest Paid |
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Profit (loss) before Tax |
-43,440 |
-169,269 |
-33,240 |
15,985 |
-42,181 |
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Taxation
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12,590 |
49,927 |
10,208 |
-5,720 |
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Profit (loss) after Tax |
-30,850 |
-119,342 |
-23,032 |
10,265 |
-42,181 |
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Extraordinary Items |
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Minority Interests |
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Profit (loss) for period |
-30,850 |
-119,342 |
-23,032 |
10,265 |
-42,181 |
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Dividends
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Retained Profit (loss) |
-30,850 |
-119,342 |
-23,032 |
10,265 |
-42,181 |
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Discontinued Operation |
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Audit Fee
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2,750 |
2,700 |
2,500 |
1,000 |
1,000 |
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Remuneration |
361,415 |
429,947 |
427,074 |
429,939 |
430,575 |
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Director's Remuneration |
64,775 |
62,523 |
63,023 |
55,020 |
62,392 |
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Highest Paid Director |
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53,318 |
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Number of Employees |
16 |
19 |
22 |
22 |
23 |
BALANCE SHEET
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03/2006 |
03/2005 |
03/2004 |
03/2003 |
03/2002 |
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12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
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£ 's |
£ 's |
£ 's |
£ 's |
£ 's |
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Fixed
Assets |
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Tangible Assets |
24,760 |
29,072 |
41,655 |
29,847 |
44,737 |
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Land & Building |
1,980 |
2,241 |
2,503 |
551 |
88 |
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Fixtures & Fittings |
16,840 |
14,201 |
19,831 |
18,128 |
29,761 |
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Plant & Vehicles |
5,940 |
12,630 |
19,321 |
11,168 |
14,888 |
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Intangible Assets |
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2,023 |
4,047 |
6,071 |
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Investments & Other Fixed Assets |
4 |
4 |
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Total Fixed Assets |
24,764 |
29,076 |
43,678 |
33,894 |
50,808 |
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Stock & W.I.P. |
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953 |
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Stock |
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953 |
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W.I.P. |
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Trade Debtors |
108,184 |
117,719 |
112,833 |
125,177 |
105,041 |
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Bank & Deposits |
342,351 |
326,692 |
159,074 |
215,186 |
112,910 |
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Other current Assets |
22,843 |
62,289 |
23,541 |
9,978 |
15,396 |
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Group Loans (assets) |
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Directors' Loans (asset) |
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Other Debtors |
22,843 |
62,289 |
23,541 |
9,978 |
15,396 |
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Investm. & Other Cur. Assets |
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Total Current Assets |
473,378 |
506,700 |
295,448 |
350,341 |
234,300 |
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Trade Creditors |
-8,652 |
-1,750 |
-5,350 |
-10,040 |
-16,618 |
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Short Term Loans & Overdrafts |
-461,406 |
-470,708 |
-139,259 |
-124,350 |
-21,701 |
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Bank Overdrafts |
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Group Loans (short term) |
-461,406 |
-470,708 |
-139,259 |
-124,350 |
-21,701 |
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Director Loans (short term) |
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Hire Purch. & Leas. (short term) |
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Hire Purchase (short term) |
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Leasing (short term) |
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Other Short Term Loans |
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Total Other Current Liabilities |
-113,661 |
-118,045 |
-129,902 |
-162,198 |
-169,407 |
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Corporation Tax |
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-5,720 |
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Dividends
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Accruals & Def. Inc. (short term) |
-107,789 |
-110,183 |
-122,453 |
-143,827 |
-157,722 |
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Social Securities & V.A.T. |
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Other Current Liabilities |
-5,872 |
-7,862 |
-7,449 |
-12,651 |
-11,685 |
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Total Current Liabilities |
-583,719 |
-590,503 |
-274,511 |
-296,588 |
-207,726 |
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Net Current Assets (Liab.) |
-110,341 |
-83,803 |
20,937 |
53,753 |
26,574 |
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Net Tangible Assets (Liab.) |
-85,577 |
-54,727 |
66,638 |
91,694 |
83,453 |
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Working Capital |
99,532 |
115,969 |
107,483 |
115,137 |
89,376 |
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Total Assets |
498,142 |
535,776 |
339,126 |
384,235 |
285,108 |
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Total Assets less Curr. Liab. |
-85,577 |
-54,727 |
64,615 |
87,647 |
77,382 |
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Long Term Debt |
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Group Loans (long term) |
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Director Loans |
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Hire Purch. Leas (long term) |
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Hire Purchase (long term) |
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Leasing (long term) |
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Other Long Term Loans |
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Total Other Long Term Liab. |
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Accruals & Def. Inc. (long term) |
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Other Long Term Liab. |
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Provisions for Other Liab. |
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Deferred Tax |
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Other Provisions |
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Balance Sheet Minoroties |
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Long Term Liabilities |
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Total Assets less Liabilities |
-85,577 |
-54,727 |
64,615 |
87,647 |
77,382 |
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Issued Capital |
1,000 |
1,000 |
1,000 |
1,000 |
1,000 |
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Total Reserves |
-86,577 |
-55,727 |
63,615 |
86,647 |
76,382 |
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Share Premium Account |
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Revaluation Reserves |
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Profit (Loss) Account |
-86,577 |
-55,727 |
63,615 |
86,647 |
76,382 |
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Other Reserves |
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Shareholders Funds |
-85,577 |
-54,727 |
64,615 |
87,647 |
77,382 |
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CASH FLOW STATEMENT
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03/2006 |
03/2005 |
03/2004 |
03/2003 |
03/2002 |
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12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
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£ 's |
£ 's |
£ 's |
£ 's |
£ 's |
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Net Cash In (out) flow Operat. Activ. |
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Net Cash In (out) Flow Ret. on Invest. |
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Taxation
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Net Cash Out (in) Flow Investing Activ. |
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Capital Expenditure & Fin. Invest. |
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Acquisition & disposal |
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Equity Dividends Paid |
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Management of Liquid Resources |
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Net Cash Out (in) Flow from Financing |
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Increase (decrease) Cash & Equiv |
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FINANCIAL RATIOS
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03/2006 |
03/2005 |
03/2004 |
03/2003 |
03/2002 |
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Current Ratio |
0.81 |
0.86 |
1.08 |
1.18 |
1.13 |
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Liquidity Ratio |
0.81 |
0.86 |
1.08 |
1.18 |
1.12 |
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Shareholder Liquidity Ratio |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
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Solvency Ratio (%) |
-17.18 |
-10.21 |
19.05 |
22.81 |
27.14 |
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Asset Cover |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
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Gearing (%) |
0.00 |
0.00 |
215.52 |
141.88 |
28.04 |
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Shareholder Funds per Empl. (unit) |
-5,349 |
-2,880 |
2,937 |
3,984 |
3,364 |
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Working Capital per Employee (unit) |
6,221 |
6,104 |
4,886 |
5,234 |
3,886 |
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Total Assets per Employee (unit) |
31,134 |
28,199 |
15,415 |
17,465 |
12,396 |
PROFITABILITY RATIOS
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03/2006 |
03/2005 |
03/2004 |
03/2003 |
03/2002 |
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Profit Margin (%) |
-4.24 |
-15.52 |
-2.57 |
1.27 |
-3.50 |
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Return on Shareholder Funds (%) |
0.00 |
0.00 |
-51.44 |
18.24 |
-54.51 |
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Return on Capital Employed (%) |
0.00 |
0.00 |
-51.44 |
18.24 |
-54.51 |
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Return on Total Assets (%) |
-8.72 |
-31.59 |
-9.80 |
4.16 |
-14.79 |
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Interest Cover |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
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Stock Turnover |
0.00 |
0.00 |
0.00 |
0.00 |
1,263.07 |
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Debtors Turnover |
9.48 |
9.26 |
11.45 |
10.05 |
11.46 |
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Debtor Collection |
38.50 |
39.38 |
31.86 |
36.31 |
31.86 |
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Creditors Payment |
3.06 |
0.58 |
1.49 |
2.92 |
5.03 |
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Net Assets Turnover |
-11.98 |
-19.93 |
20.00 |
14.36 |
15.56 |
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Fixed Assets Turnover |
41.41 |
37.51 |
29.58 |
37.13 |
23.69 |
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Salaries/Turnover (%) |
35.24 |
39.43 |
33.05 |
34.16 |
35.77 |
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Turnover per Employee (unit) |
64,091 |
57,396 |
58,736 |
57,210 |
52,335 |
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Average Remun. per Emp. (unit) |
22,588 |
22,629 |
19,412 |
19,543 |
18,721 |
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Profit per Employee (unit) |
-2,715 |
-8,909 |
-1,511 |
727 |
-1,834 |
DIRECTORS
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Name |
Description |
Birth Date |
Appointment Date |
Resignation Date |
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Ms J. Law |
Director |
04/09/1964 |
02/03/2007 |
13/07/2007 |
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Ms B.A. Kelly
|
Director |
27/03/1957 |
12/12/2003 |
28/09/2007 |
|
EXPRESSCO LIMITED |
Director |
|
12/12/2003 |
12/12/2003 |
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Mr S.R. Curtis |
Director |
27/02/1948 |
02/01/1997 |
12/12/2003 |
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Mr R.J. Taylor |
Company Secretary |
|
06/03/1995 |
22/12/2003 |
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Mr J.S. Fuller |
Director |
08/06/1956 |
06/03/1995 |
12/07/1996 |
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THE WEST OF ENGLAND TRUST LIMITED |
Company Secretary |
|
02/11/1993 |
29/08/2003 |
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Mr D.J. Mcneil |
Director |
24/03/1937 |
18/07/1989 |
31/03/2003 |
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Mr D.A. Bennett |
Director |
27/03/1938 |
18/07/1989 |
15/03/2005 |
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Mr W.J. Scott
|
Director |
08/11/1939 |
18/07/1989 |
02/11/1993 |
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Mr W.J. Scott
|
Company Secretary |
08/11/1939 |
18/07/1989 |
02/11/1993 |
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Mr M. Whitwell |
Director |
07/09/1934 |
18/07/1989 |
30/03/1993 |
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Mr E.C. Wilson |
Director |
06/11/1947 |
18/07/1989 |
31/07/1997 |
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Mr J.W. Mathie |
Director |
24/10/1943 |
18/07/1989 |
30/03/1993 |
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Mr N.D. Rees
|
Director |
10/05/1961 |
01/10/2007 |
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Mr P.M. Townsend |
Director |
21/12/1962 |
01/10/2007 |
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JORDAN COMPANY SECRETARIES LIMITED |
Company Secretary |
|
29/08/2003 |
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Mr A.S. Cockburn |
Director |
16/01/1957 |
06/03/1995 |
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DOCUMENT FILING DATES
|
Apr 03, 1995
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Change of Name |
|
Nov 20, 2007
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Change of Directors |
|
Mar 31, 2006
|
Accounts |
|
Apr 11, 1989
|
Change in Reg. Office |
|
Jun 20, 1994
|
Change in Mem & Arts |
|
Mar 31, 2007
|
Annual Return
|
|
Dec 16, 2006
|
A/c filed at CRO |
COMPANY OWNERSHIP
|
Ultimate |
THE WEST OF ENGLAND TRUST LTD |
01636508 |
|
Wholly owned by |
JORDANS LTD
|
00865285 |
|
Shareholders |
|
|
|
JORDANS LIMITED |
1,000 ORD £1
|
|
SUBSIDIARIES
|
|
TRADING ADDRESS
|
24 Great King Street , Edinburgh , Lothian EH3 6QN |
Tel: 0131 - 5576966 |