Currock Engineering Company Limited in Chelmsford, CM1 3UB

Description

Data updated on: 01-11-2023

Currock Engineering Company came into being in 1964 as a company enlisted under no 00828340, located at CM1 3UB Chelmsford at Unit 9 Tattersall Way. This company has been in business for sixty years and its official status is active. This company's declared SIC number is 25620 - Machining. 2022-10-31 is the last time when account status updates were filed.

For this particular business, the majority of director's tasks up till now have been performed by Anthony M. and Janice M.. Out of these two executives, Anthony M. has managed business for the longest time, having been a member of officers' team since 1991. To find professional help with legal documentation, the abovementioned business has been utilizing the skills of Janice M. as a secretary since the appointment on 1995-03-30.

Anthony M. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31
Currency

Balance Sheet
Cash Bank On Hand	152 666	74 133	101 587	158 968	116 940	142 969	82 437
Current Assets	6 024 937	6 853 468	8 401 722	8 492 305	8 767 070	9 409 673	11 044 002
Debtors	2 742 577	2 192 266	2 817 234	3 288 872	3 115 197	3 468 035	3 810 950
Net Assets Liabilities	3 963 644	4 629 055	5 507 257	6 199 745	6 936 709	7 622 491	8 224 665
Property Plant Equipment	2 038 568	1 992 660	2 401 816	4 937 772	4 418 577	3 974 492	4 530 219
Total Inventories	3 129 694	4 587 069	5 482 901	5 044 465	5 534 933	5 798 669	7 150 615

Other Financial Data
Audit Fees Expenses	9 850	14 400	15 000	9 000	12 000	12 000	12 000
Amount Specific Advance Or Credit Directors	36 531	27 917	35 709	74 739	80 535	98 722	134 669
Amount Specific Advance Or Credit Made In Period Directors	36 531	29 386	47 792	89 030	80 796	122 187	178 097
Amount Specific Advance Or Credit Repaid In Period Directors		38 000	40 000	50 000	75 000	104 000	142 150
Company Contributions To Money Purchase Plans Directors	42 000	42 965	37 498	37 692	38 007	38 009	38 001
Director Remuneration	212 680	222 534	161 923	156 851	166 987	100 642	102 162
Dividend Recommended By Directors		79 400	81 400	91 400	116 400	136 400	165 400
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3	2	2	2	2	2
Accrued Liabilities Deferred Income	79 823	48 694	34 786	24 120	24 120	124 120	226 971
Accumulated Depreciation Impairment Property Plant Equipment	3 410 078	3 689 913	3 955 023	4 289 788	4 858 319	5 354 615	5 826 343
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		-7 987	15 407	195 056	-19 239	-19 100	217 831
Administrative Expenses	1 318 772	1 412 792	1 520 241	1 571 148	1 429 932	1 590 325	1 548 897
Applicable Tax Rate	20	19	19	19	19	19	19
Average Number Employees During Period	70	74	78	89	92	91	85
Cash Cash Equivalents Cash Flow Value	152 666	74 133		158 968	116 940	142 969
Comprehensive Income Expense	931 558	744 811	959 602	783 888	853 364	822 182	767 574
Corporation Tax Recoverable	469 114	504 374	550 687	847 623	651 020	608 844	743 721
Cost Sales	5 399 451	4 373 002	6 301 015	7 228 230	7 660 589	6 885 115	5 603 381
Creditors	646 752	748 110	602 431	1 759 848	1 672 880	1 876 114	2 352 937
Current Tax For Period	-469 114	-504 374	-550 687	-847 623	-614 579	-608 844	-743 721
Depreciation Amortisation Expense	284 406	299 334	308 362	360 394	568 280	982 057	880 887
Depreciation Expense Property Plant Equipment	111 890	141 712	142 995	138 406	245 965	258 995	229 310
Disposals Decrease In Depreciation Impairment Property Plant Equipment		19 500	43 253	25 629
Disposals Property Plant Equipment		19 500	52 925	33 495
Distribution Costs	28 076	26 160	24 247	64 954	73 733	70 761	74 686
Dividends Paid	41 400	79 400	81 400	91 400	116 400	136 400	165 400
Dividends Paid Classified As Financing Activities	-41 400	-79 400	-81 400	-91 400	-116 400	-136 400	-165 400
Dividends Paid On Shares Interim	41 400	79 400	81 400	91 400	116 400	136 400	165 400
Finance Lease Liabilities Present Value Total	646 752	748 110	602 431	1 759 848	528 774	483 551	562 459
Finance Lease Payments Owing Minimum Gross	1 059 305	1 244 047	519 283	1 005 202	606 991	560 032	691 527
Further Item Cash Flow From Used In Operating Activities Component Total Net Cash Flows From Used In Operating Activities	375 145	281 007	550 687	695 861	810 793	651 020	608 844
Further Item Interest Expense Component Total Interest Expense	1 183	2 475	3 270	2 292	2 199	2 936	3 892
Future Finance Charges On Finance Leases	43 435	56 822	82 746	163 599	78 217	76 481	129 068
Future Minimum Lease Payments Under Non-cancellable Operating Leases	243 584	250 279	240 424	239 905	224 483	247 733	247 733
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	269 175	64 099	818 681	-114 187	-394 116	-20 314	335 833
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-707 359	576 957	-570 863	-135 672	-17 132	-376 827	-172 093
Gain Loss On Disposal Assets Income Statement Subtotal	-2 782	6 600	-4 468	10 634
Gain Loss On Disposals Property Plant Equipment	-2 782	6 600	-4 468	10 634
Gross Profit Loss	1 938 373	1 756 281	2 044 189	1 865 206	1 816 171	1 886 207	1 990 012
Income Taxes Paid Refund Classified As Operating Activities		188 107	-46 313	-145 174
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-62 896	-78 533	27 454	57 381	-42 028	26 029	-60 532
Increase Decrease In Current Tax From Adjustment For Prior Periods	-2 574				389
Increase Decrease In Property Plant Equipment		148 891	295 150	1 349 032		26 880	974 737
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	251 996	1 457 375	895 832	-438 436	490 468	263 736	1 351 946
Increase From Depreciation Charge For Year Property Plant Equipment		299 335	308 363	360 394	568 531	496 296	471 728
Interest Expense On Bank Overdrafts	1 488	4 226	4 186	5 539	3 650	2 271
Interest Expense On Loan Capital	11 340	12 839	9 071
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	99 849	65 673	59 059	89 960	109 471	65 937	104 685
Interest Paid Classified As Operating Activities	-14 011	-19 540	-16 527	-7 831	-10 902	-14 180	-20 069
Interest Payable Similar Charges Finance Costs	113 860	85 213	75 586	97 791	120 373	80 117	124 754
Key Management Personnel Compensation Total		358 931	306 821	306 402	319 861	323 079	195 822
Loans Owed To Related Parties	-1 562	-1 562	-1 606	-3 157	-3 014	-4 455	-4 466
Merchandise	2 067 814	2 662 471	2 924 579	2 832 897	3 420 180	3 907 551	4 189 563
Net Cash Flows From Used In Financing Activities	279 982	195 901	157 711	-251 240	689 984	-163 271	-19 143
Net Cash Flows From Used In Investing Activities	232 895	60 605	408 335	1 414 196	49 281	1 303 675	622 875
Net Cash Flows From Used In Operating Activities	-449 981	-177 973	-593 500	-1 220 337	-697 237	-1 166 433	-543 200
Net Cash Generated From Operations	-188 696	205 928	-164 712	-767 441	-6 817	-595 530	-59 110
Net Current Assets Liabilities	2 842 482	3 647 172	3 985 946	3 494 951	4 644 903	5 166 316	5 746 410
Net Interest Received Paid Classified As Investing Activities	-46	-6	-12	-8	-55	-5	-9
Number Shares Issued Fully Paid		300 000	300 000	300 000	300 000	300 000	300 000
Operating Profit Loss	591 688	317 657	499 896	229 104	340 253	274 350	366 429
Other Creditors	36 171	60 448	154 370	156 063	145 275	128 522	61 171
Other Deferred Tax Expense Credit	15 430	-7 987	15 407	195 056	-19 239	-19 100	217 831
Other Interest Receivable Similar Income Finance Income	46	6	12	8	55	5	9
Other Operating Income Format1	163	328	195		27 747	49 229
Other Remaining Borrowings	1 324 425	1 223 334	1 526 827	1 801 266	190 947	330 937	435 688
Other Taxation Social Security Payable	538 891	458 369	598 076	749 543	968 271	612 757	804 331
Par Value Share		1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-475 568	-24 024	-372 012	107 231	-643 959	-8 859	-523 757
Payments To Related Parties	18 579	15 554	13 937	19 811	18 128	19 580	18 051
Pension Other Post-employment Benefit Costs Other Pension Costs	68 399	115 524	123 265	132 134	169 580	137 884	141 639
Prepayments Accrued Income	53 259	66 584	58 193	90 894	73 933	75 939	50 320
Proceeds From Sales Property Plant Equipment	-11 875	-6 600	-5 204	-18 500
Profit Loss	931 558	744 811	959 602	783 888	853 364	822 182	767 574
Profit Loss On Ordinary Activities Before Tax	477 874	232 450	424 322	131 321	219 935	194 238	241 684
Property Plant Equipment Gross Cost	5 448 646	5 682 573	6 356 839	9 227 560	9 276 896	9 329 107	10 356 562
Provisions	270 654	262 667	278 074	473 130	453 891	434 791	652 622
Provisions For Liabilities Balance Sheet Subtotal	270 654	262 667	278 074	473 130	453 891	434 791	652 622
Purchase Property Plant Equipment	-244 816	-67 211	-413 551	-1 432 704	-49 336	-25 331	-52 718
Social Security Costs	26 041	27 338	19 532	19 288	20 636	20 991	21 809
Staff Costs Employee Benefits Expense	3 210 110	3 452 592	3 776 252	4 315 228	4 251 036	2 732 057	3 329 257
Tax Expense Credit Applicable Tax Rate	95 575	44 166	80 621	24 951	41 788	36 905	45 920
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	22 866	14 308	22 198	19 618	13 577	18 794	18 537
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-453 684	-512 361	-535 280	-652 567	-633 429	-627 944	-525 890
Total Additions Including From Business Combinations Property Plant Equipment		253 427	727 191	2 904 216	49 336	52 211	1 027 455
Total Assets Less Current Liabilities	4 881 050	5 639 832	6 387 762	8 432 723	9 063 480	9 933 396	11 230 224
Total Borrowings	2 046 691	1 970 194	2 102 753	3 904 788	1 686 239	1 872 966	2 512 460
Trade Creditors Trade Payables	877 792	1 029 265	1 628 225	1 371 544	769 488	1 021 441	1 130 200
Trade Debtors Trade Receivables	2 183 673	1 593 391	2 172 645	2 275 616	2 309 709	2 684 530	2 882 242
Turnover Revenue	7 337 824	6 129 283	8 345 204	9 093 436	9 476 760	8 771 322	7 593 393
Wages Salaries	3 115 670	3 309 730	3 633 455	4 163 806	4 060 820	2 573 182	3 165 809
Work In Progress	1 061 880	1 924 598	2 558 322	2 211 568	2 114 753	1 891 118	2 961 052
Accumulated Amortisation Impairment Intangible Assets						485 761	894 920
Amortisation Expense Intangible Assets						485 761	409 159
Fixed Assets					4 418 577	4 767 080	5 483 814
Increase From Amortisation Charge For Year Intangible Assets						485 761	409 159
Intangible Assets						792 588	953 595
Intangible Assets Gross Cost						1 278 349	1 848 515
Interest Expense On Bank Loans Similar Borrowings					5 053	8 973	16 177
Proceeds From Borrowings Classified As Financing Activities					-250 000	-250 000	-229 000
Purchase Intangible Assets						-1 278 349	-570 166
Repayments Borrowings Classified As Financing Activities					-16 558	-42 247	-85 466
Total Additions Including From Business Combinations Intangible Assets						1 278 349	570 166
Total Current Tax Expense Credit				-847 623	-614 190	-608 844