Drewlec Limited in Bournemouth, BH11 8LW

Description

Data updated on: 01-11-2023

Drewlec started its business in 1964 as a Private Limited Company under the following Company Registration No.: 00819853. The firm has been operating for sixty years and it's currently active. The company's headquarters is registered in Bournemouth at 865 Ringwood Road. You can also locate the company by the area code, BH11 8LW. The enterprise's classified under the NACE and SIC code 43210 meaning Electrical installation. Drewlec Ltd reported its latest accounts for the period up to 2022-03-31. The company's latest confirmation statement was filed on 2022-11-15.

Concerning this business, just about all of director's obligations have so far been performed by Nicholas H. who was arranged to perform management duties 4 years ago. For fifteen years Richard D., had performed assigned duties for this business up until the resignation in November 2020. Furthermore another director, specifically Gillian D. gave up the position on Wed, 16th Nov 2011.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	110 075	76 779	581 000	305 208	179 014
Current Assets	342 972	213 107	785 423	650 094	418 415
Debtors	230 616	131 745	202 123	342 264	215 438
Net Assets Liabilities	140 652	154 701	230 833	374 904	287 321
Other Debtors	15 830	8 793	57 320	192 675	30 544
Property Plant Equipment	42 773	29 513	10 815	34 568	31 024
Total Inventories	2 281	4 583	2 300	2 622

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	88 020	89 021	107 719	121 470	136 804
Additions Other Than Through Business Combinations Property Plant Equipment		5 886		37 504	11 790
Amounts Owed To Group Undertakings	2 498	3 820
Average Number Employees During Period	4	5	10	14	14
Corporation Tax Payable	13 551	6 896	20 379	50 000	500
Creditors	866	83 283	564 345	309 758	161 854
Deferred Tax Asset Debtors				163
Finance Lease Payments Owing Minimum Gross	4 331	1 254	218
Increase From Depreciation Charge For Year Property Plant Equipment		19 121	18 698	13 751	15 334
Net Current Assets Liabilities	105 749	129 824	221 078	340 336	256 561
Other Creditors	866	5 586	265 307	75 238	4 572
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		18 120
Other Disposals Property Plant Equipment		18 145
Other Taxation Social Security Payable	33 319	28 190	98 769	52 219	66 761
Property Plant Equipment Gross Cost	130 793	118 534	118 534	156 038	167 828
Provisions For Liabilities Balance Sheet Subtotal	7 004	4 636	1 060		264
Total Assets Less Current Liabilities	148 522	159 337	231 893	374 904	287 585
Trade Creditors Trade Payables	117 593	38 791	179 890	132 301	90 021
Trade Debtors Trade Receivables	214 786	122 952	144 803	149 426	184 894