Canongate Books Limited

Canongate Books Ltd, a large and active company founded 30 years ago in 1994, is a well-established name in the UK publishing industry. Employing 62 people and boasting assets of £13,665,325, the company operates from a real address in Edinburgh and is overseen by nine directors and a single owner. It runs an e-commerce site, regularly importing printed materials like books, newspapers, and pictures over a ten-month period, and occasionally exporting similar items—just one month of export activity was recorded.

The company’s website highlights its reputation as an award-winning publisher, showcasing a diverse range of authors and titles. Recent features include a piece on Amy Liptrot’s memoir, *The Outrun*, adapted into a film starring Saoirse Ronan, and a spotlight on Ismail Kadare, author of *The Heart in Winter*. Canongate has also recently received the BIC Supply Chain Excellence Award and is celebrating its partnership with Out of the Blue Print for the Canongate 50th Logo. The site is regularly updated with news, catalogues, press releases, and job listings, demonstrating a commitment to engaging with readers and industry professionals.

Financially, Canongate Books Ltd shows some concerning trends. Accrued liabilities and deferred income increased by 25%, while accumulated amortisation impairment of intangible assets grew by 36%. However, depreciation of property, plant, and equipment also increased, with motor vehicles seeing a significant 400% rise. Despite these shifts, administrative expenses decreased slightly by 2.6%. The company’s average number of employees increased by 6.5%, and cash bank on hand grew by 3.2%. However, cash and cash equivalents dropped by a considerable 36%. Current assets remained relatively stable, and overall, the company's net assets decreased by 21%.

The company’s director remuneration increased by 17%, and the tax expense credit decreased by 27%. While the company’s revenue recognition policy is standard, the net loss deepened, and the company’s bank borrowings surged. The lack of a mentioned auditor suggests the company is exempt, and the figures are unaudited. Overall, Canongate Books Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in Scotland under the registration number SC152259, with a registered address at EH1 1TE, 14 High Street, Edinburgh.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.