Econotech Limited in Horsham, RH12 1DY

Description

Data updated on: 01-11-2023

The enterprise referred to as Econotech was started on Friday 10th January 1986 as a Private Limited Company. This company's office can be reached at Horsham on First Floor Ridgeland House, 15 Carfax. Assuming you need to reach the company by post, its zip code is RH12 1DY. The office registration number for Econotech Limited is 01976186. This company's declared SIC number is 26110 and has the NACE code: Manufacture of electronic components. 2023-03-31 is the last time when the accounts were reported.

As the data suggests, the following company was created 38 years ago and has so far been steered by five directors, and out of them three (Edward W., Alistair T. and Richard T.) are still a part of the company. What is more, the director's responsibilities are regularly helped with by a secretary - Janet T., who was officially appointed by this company in 2009.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	422 467	404 603	462 151	394 808	301 226	41 582

Balance Sheet
Cash Bank In Hand	409 153	62 406	79 456	5 518	83 477	1 456
Cash Bank On Hand						1 456	6	34 014	168 125	128 077	54	58	58
Current Assets	1 225 737	828 662	738 473	795 329	594 428	374 555	707 915	988 557	1 095 665	1 620 803	1 054 982	1 409 801	1 446 399
Debtors	665 447	675 536	554 592	702 301	384 911	296 539	537 909	776 968	726 190	1 364 666	789 958	902 843	866 723
Net Assets Liabilities						41 582	126 055	301 292	297 491	335 324	33 304	5 288	-44 734
Net Assets Liabilities Including Pension Asset Liability	422 467	404 603	462 151	394 808	301 226	41 582
Property Plant Equipment						5 444	3 612	84 692	64 997	44 744	31 532	20 486	58 601
Stocks Inventory	151 137	90 720	104 425	87 510	126 040	76 560
Tangible Fixed Assets	130 194	103 666	71 390	33 941	2 397	5 444
Total Inventories						76 560	170 000	177 575	201 350	128 060	264 970	506 900	579 618

Capital & Reserves
Called Up Share Capital	6 000	6 000	6 000	6 000	6 000	6 000
Profit Loss Account Reserve	416 467	398 603	456 151	388 808	295 226	35 582
Shareholder Funds	422 467	404 603	462 151	394 808	301 226	41 582

Other Financial Data
Amount Specific Advance Or Credit Directors												36 297
Amount Specific Advance Or Credit Made In Period Directors												36 297
Accrued Liabilities						8 000	8 000	17 465	7 272	58 816	19 195	16 653	28 654
Accumulated Depreciation Impairment Property Plant Equipment						274 727	196 761	133 811	157 120	179 285	205 306	233 766	252 015
Average Number Employees During Period							23	22	20	19	20	23	23
Bank Borrowings Overdrafts						159 169	353 421	25 000	25 000	25 000	345 858	391 721	675 451
Corporation Tax Payable							26 247	58 559	53 115	73 287	33 287
Corporation Tax Recoverable						15 093
Creditors						336 757	583 812	64 583	41 697	16 743	1 020 092	400 000	333 618
Creditors Due After One Year	46 437	63 352	25 080	983
Creditors Due Within One Year	848 220	457 873	320 972	406 022	293 939	336 757
Disposals Decrease In Depreciation Impairment Property Plant Equipment							80 661	85 469
Disposals Property Plant Equipment							81 101	85 469
Increase From Depreciation Charge For Year Property Plant Equipment							2 695	22 519	23 309	22 165	26 021	28 460	18 249
Net Current Assets Liabilities	377 517	370 789	417 501	389 307	300 489	37 798	124 103	394 394	312 755	342 525	34 890	416 291	230 283
Number Shares Allotted		10 000	10 000	10 000	10 000	10 000
Other Creditors						1 947	1 964	2 942	123 043	169 673	55 651	14 007	77 243
Other Taxation Social Security Payable						17 398	19 853	32 509	20 951	22 469	32 367	33 493	42 468
Par Value Share		1	1	1	1	1
Prepayments Accrued Income									54 791
Property Plant Equipment Gross Cost						280 171	200 373	218 503	222 117	224 029	236 838	254 252	310 616
Provisions For Liabilities Balance Sheet Subtotal						1 660	1 660	113 211	38 564	35 202	33 118	31 489
Provisions For Liabilities Charges	38 807	6 500	1 660	27 457	1 660	1 660
Raw Materials						20 000	20 000	20 000	20 000	20 000	20 000	20 000	31 118
Share Capital Allotted Called Up Paid	6 000	6 000	6 000	6 000	6 000	6 000
Tangible Fixed Assets Additions		13 163	6 087	1 676	1 088	5 745
Tangible Fixed Assets Cost Or Valuation	349 380	294 693	298 336	289 588	274 426	280 171
Tangible Fixed Assets Depreciation	219 186	191 027	226 946	255 647	272 029	274 727
Tangible Fixed Assets Depreciation Charged In Period		34 861	35 919	32 871	32 632	2 698
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		63 020		4 170	16 250
Tangible Fixed Assets Disposals		67 850	2 444	10 424	16 250
Total Additions Including From Business Combinations Property Plant Equipment							1 303	103 599	3 614	1 912	12 809	17 414	56 364
Total Assets Less Current Liabilities	507 711	474 455	488 891	423 248	302 886	43 242	127 715	479 086	377 752	387 269	66 422	436 777	288 884
Trade Creditors Trade Payables						95 912	155 761	257 141	393 075	396 387	489 101	467 256	332 333
Trade Debtors Trade Receivables						251 995	521 283	617 622	474 538	1 103 796	596 969	594 931	662 957
Work In Progress						56 560	150 000	157 575	181 350	108 060	244 970	486 900	548 500
Accrued Liabilities Deferred Income										340 460			49 505
Deferred Tax Assets												94
Finance Lease Liabilities Present Value Total													25 285
Increase Decrease In Property Plant Equipment													46 800
Prepayments										28 125	23 526	25 359	41 306
Recoverable Value-added Tax													3 025