Countrywide Electrical Services Limited in Birmingham, B3 1SW

Description

Data updated on: 01-11-2023

This particular business is based in Birmingham under the ID 03162644. It was set up in the year 1996. The main office of the firm is located at Charter House 161 Newhall Street. The post code for this place is B3 1SW. Founded as Martoc, this business used the name until March 12, 1997, when it got changed to Countrywide Electrical Services Limited. This business's SIC and NACE codes are 43210 - Electrical installation. The company's most recent annual accounts describe the period up to 28th February 2022 and the most current annual confirmation statement was released on 22nd February 2023.

In this firm, a variety of director's tasks have so far been met by Trevor M., Anthony M., Joseph C. and David H.. When it comes to these four executives, David H. has been with the firm for the longest period of time, having been a vital part of officers' team since 2000. In order to support the directors in their duties, the firm has been utilizing the skillset of Joseph C. as a secretary since 2001.

Previous company's names
Countrywide Electrical Services Limited 1997-03-12
Martoc Limited 1996-02-22

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency

Balance Sheet
Cash Bank On Hand	1 115 460	109 315	460 761	283 245	1 039 193	665 929	258 887
Current Assets	3 106 764	2 404 137	2 731 944	2 272 046	2 813 038	2 789 529	2 690 745
Debtors	1 877 775	2 235 065	1 810 505	1 609 113	1 368 800	1 774 056	2 085 946
Net Assets Liabilities	1 217 707	861 200	877 724	965 192	1 070 637	1 115 603	1 124 527
Other Debtors	2 370	1 170	60 442	21 718	21 794	16 056	217 902
Property Plant Equipment	67 700	50 623	23 859	11 029	166	41 053
Total Inventories	113 529	59 757	460 678	379 688	405 045	349 544	345 912

Other Financial Data
Audit Fees Expenses	9 500	9 500
Company Contributions To Money Purchase Plans Directors	18 000	18 000
Director Remuneration	313 762	334 522
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3
Accrued Liabilities	123 376	134 757
Accumulated Depreciation Impairment Property Plant Equipment	186 493	200 477	222 475	226 273	194 680	203 317	30 568
Administrative Expenses	2 165 444	1 838 912
Amounts Owed By Group Undertakings	224 094	433 652	3 460				159 417
Amounts Owed To Group Undertakings				25 186	78 547	22 879
Applicable Tax Rate	20	19
Average Number Employees During Period	62	65	66	59	65	62	66
Bank Borrowings					125 000	114 264	89 264
Bank Borrowings Overdrafts					112 500	89 264	25 000
Comprehensive Income Expense	98 284	-356 507
Corporation Tax Payable	44 700
Corporation Tax Recoverable		57 237
Cost Sales	9 037 430	7 019 183
Creditors	35 255	13 289	1 878 079	1 317 883	112 500	101 825	1 542 175
Current Tax For Period	44 700
Depreciation Expense Property Plant Equipment	518	30 328
Disposals Decrease In Depreciation Impairment Property Plant Equipment		16 344	4 766	9 032	42 456		13 250
Disposals Property Plant Equipment		16 344	4 766	9 032	42 456		13 250
Dividends Paid	90 000
Dividends Paid On Shares Interim	90 000
Finance Lease Liabilities Present Value Total	35 255	13 289	13 289			12 561	15 970
Future Minimum Lease Payments Under Non-cancellable Operating Leases	25 100	25 100	25 100
Gain Loss On Disposals Property Plant Equipment	6 338	600
Gross Profit Loss	2 320 565	1 434 358
Increase Decrease In Current Tax From Adjustment For Prior Periods	7 021	12 537
Increase Decrease In Property Plant Equipment		13 251				32 298	37 289
Increase From Depreciation Charge For Year Property Plant Equipment		30 328	26 764	12 830	10 863	8 637	15 068
Interest Expense On Bank Overdrafts	223	55
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	5 257	3 940
Interest Payable Similar Charges Finance Costs	5 480	3 995
Net Current Assets Liabilities	1 186 042	823 866	853 865	954 163	1 182 971	1 177 696	1 148 570
Number Shares Issued Fully Paid		200 000
Operating Profit Loss	155 121	-404 554
Other Creditors	73 837	194 056	171 502	171 964	160 895	202 899	210 094
Other Deferred Tax Expense Credit	-360	-7 340
Other Interest Receivable Similar Income Finance Income	4	2
Other Taxation Social Security Payable	350 898	366 892	406 981	368 571	548 209	74 293	86 437
Par Value Share		1
Pension Other Post-employment Benefit Costs Other Pension Costs	52 135	53 461
Prepayments	22 772	25 353
Profit Loss	98 284	-356 507
Profit Loss On Ordinary Activities Before Tax	149 645	-408 547
Property Plant Equipment Gross Cost	254 193	251 100	246 334	237 302	194 846	244 370	279 310
Provisions	780
Provisions For Liabilities Balance Sheet Subtotal	780					1 321	10 371
Social Security Costs	274 988	278 124
Staff Costs Employee Benefits Expense	2 856 501	3 002 256
Tax Expense Credit Applicable Tax Rate	29 929	-77 951
Tax Increase Decrease From Effect Capital Allowances Depreciation		-8 184
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	14 394	12 415
Tax Tax Credit On Profit Or Loss On Ordinary Activities	51 361	-52 040
Total Additions Including From Business Combinations Property Plant Equipment		13 251				49 524	48 190
Total Assets Less Current Liabilities	1 253 742	874 489	877 724	965 192	1 183 137	1 218 749	1 215 132
Total Borrowings					125 000	137 591	127 540
Total Current Tax Expense Credit	51 721	-44 700
Total Operating Lease Payments	179 704	134 122
Trade Creditors Trade Payables	1 233 470	988 524	1 286 307	752 162	829 916	1 275 996	1 198 338
Trade Debtors Trade Receivables	1 628 539	1 711 093	1 746 603	1 587 395	1 347 006	1 758 000	1 708 627
Turnover Revenue	11 357 995	8 453 541
Wages Salaries	2 529 378	2 670 671