Forestwood Agencies Limited in Belfast, BT6 9FH

Description

Data updated on: 01-11-2023

Registered as NI029479 twenty nine years ago, Forestwood Agencies Limited is categorised as a Private Limited Company. The official mailing address is Unit 1, 100 Ladas Drive Belfast. This business's SIC code is 46730 and their NACE code stands for Wholesale of wood, construction materials and sanitary equipment. Friday 30th September 2022 is the last time when the accounts were filed.

Daphne C. and Stephen C. are the enterprise's directors and have been cooperating as the Management Board since 2000-10-13. Furthermore, the managing director's responsibilities are aided with by a secretary - Ingrid M., who joined the limited company in May 2019.

Executives who control the firm include: Daphne C. owns over 1/2 to 3/4 of company shares . Stephen C. owns over 1/2 to 3/4 of company shares .

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-03-31	2020-09-30	2021-09-30	2022-09-30
Currency

Balance Sheet
Cash Bank On Hand	14 386	10 427	1 023 179	297 873
Current Assets	17 061 477	12 897 463	30 968 991	22 504 052
Debtors	10 996 855	10 747 673	16 598 148	12 352 571
Net Assets Liabilities	5 235 304	6 197 903	16 256 949	18 099 464
Other Debtors	492 374	509 945	463 221	1 034 984
Property Plant Equipment	3 533 972	3 548 978	4 062 287	4 805 729
Total Inventories	6 050 236	2 139 363	13 347 664	9 853 608

Other Financial Data
Audit Fees Expenses	9 000	13 500	13 500	13 500
Accrued Liabilities Deferred Income	69 562	176 404	2 899 341	291 933
Accumulated Amortisation Impairment Intangible Assets			4 153	8 306
Accumulated Depreciation Impairment Property Plant Equipment	735 288	994 546	1 187 373	1 306 861
Additions Other Than Through Business Combinations Intangible Assets		41 530
Additions Other Than Through Business Combinations Property Plant Equipment		511 264	754 636	1 188 595
Administrative Expenses	1 855 983	2 676 496	2 216 001	2 161 508
Amortisation Expense Intangible Assets			4 153	4 153
Amortisation Impairment Expense Intangible Assets			4 153	4 153
Average Number Employees During Period	14	12	13	15
Bank Borrowings	365 730	872 957	781 931	579 270
Bank Borrowings Overdrafts	293 767	782 980	595 350	374 070
Banking Arrangements Classified As Cash Cash Equivalents	-98 132	-2 217 852
Bank Overdrafts	98 132	2 217 852
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	483 895	303 212	237 002	411 113
Cash Cash Equivalents Cash Flow Value	-83 746	-2 207 425	1 023 179	297 873
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities				571 763
Cash Receipts From Sales Interests In Associates			-23 635
Corporation Tax Payable	531 621	348 749	2 377 399	251
Cost Sales	36 996 105	40 721 625	55 409 299	52 487 320
Creditors	504 937	887 406	631 317	491 903
Current Tax For Period	299 760	348 750	2 415 146	575 563
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws			32 941
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	16 085	11 465	55 692	139 110
Depreciation Expense Property Plant Equipment		292 450	36 915	30 377
Depreciation Impairment Expense Property Plant Equipment	221 048	352 993	241 327	275 881
Dividend Per Share Final		250 000	250 000	500 000
Dividends Paid	300 000	300 000	500 000	1 000 000
Dividends Paid Classified As Financing Activities		-300 000	-500 000	-1 000 000
Dividends Paid On Shares Final	300 000	300 000
Dividends Paid On Shares Interim		300 000	500 000	1 000 000
Finance Lease Liabilities Present Value Total	211 170	104 426	35 967	117 833
Finance Lease Payments Owing Minimum Gross	320 638	197 858	98 502	229 967
Finished Goods Goods For Resale	6 050 236	1 744 173	12 786 741	9 156 808
Fixed Assets	3 533 976	3 590 512	4 099 668	4 838 957
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	73 067	-600 000	91 026	202 661
Further Item Cash Flow From Used In Investing Activities Component Net Cash Flows From Used In Investing Activities		284 479
Further Item Interest Expense Component Total Interest Expense	235 385	243 700	159 772	205 513
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total	206 344	17 571	-23 635
Future Minimum Lease Payments Under Non-cancellable Operating Leases	2 325 602	1 924 723	2 132 699	1 768 063
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-60 777	-162 210	-231 390	-90 517
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-2 361 878	3 900 565	-3 600 899	3 610 320
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	1 095 635	-266 753	5 874 110	-4 817 340
Gain Loss In Cash Flows From Change In Inventories	2 993 250	-4 153 821	11 208 301	-3 494 056
Gain Loss On Disposals Property Plant Equipment	69 447	-33 265	6 500	-15 672
Government Grant Income		22 670	5 427
Gross Profit Loss	3 417 020	4 587 248	15 418 943	5 973 045
Income Taxes Paid Refund Classified As Operating Activities	-139 308	-532 868	-328 237	-2 947 077
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-9 964	2 123 679	-3 230 604	725 306
Increase Decrease In Current Tax From Adjustment For Prior Periods	167	-153	-77 781	-5 634
Increase From Amortisation Charge For Year Intangible Assets			4 153	4 153
Increase From Depreciation Charge For Year Property Plant Equipment		352 993	241 327	275 881
Intangible Assets		41 530	37 377	33 224
Intangible Assets Gross Cost		41 530	41 530
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	15 180	45 615	31 987	43 739
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	11 027	20 047	12 044	10 731
Interest Income On Bank Deposits	1 450
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	1 450
Interest Paid Classified As Operating Activities			-203 803	-259 983
Interest Payable Similar Charges Finance Costs	261 592	309 362	203 803	259 983
Interest Received Classified As Investing Activities	-1 450
Investments Fixed Assets	4	4	4	4
Investments In Subsidiaries	4	4	4	4
Net Cash Flows From Used In Financing Activities	-776 214	3 452 289	-4 521 308
Net Cash Flows From Used In Investing Activities	551 051	668 849	724 501
Net Cash Flows From Used In Operating Activities	215 199	-1 997 459	566 203
Net Cash Generated From Operations	-185 701	-2 839 689	34 163	-8 808 319
Net Current Assets Liabilities	2 243 422	3 543 419	12 925 853	14 028 775
Net Finance Income Costs	1 450
Net Interest Paid Received Classified As Operating Activities	-261 592	-309 362	-203 803
Operating Profit Loss	1 761 107	1 933 422	13 208 369	3 811 537
Other Creditors		23 089
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		93 735	48 500	156 393
Other Disposals Property Plant Equipment		237 000	48 500	325 665
Other Interest Receivable Similar Income Finance Income	1 450
Other Operating Income Format1	200 070	22 670	5 427
Other Remaining Borrowings	7 271 353	3 769 081	8 980 771	5 332 160
Other Taxation Social Security Payable	134 304	197 435	855 148	519 615
Payments Finance Lease Liabilities Classified As Financing Activities	-134 966	-157 244	-99 356	-103 035
Payments On Account Inventories		307 190	472 923	526 300
Pension Other Post-employment Benefit Costs Other Pension Costs	72 242	114 692	79 650	35 681
Percentage Class Share Held In Subsidiary		100	100	100
Prepayments Accrued Income	618 297	284 096	429 214	122 599
Proceeds From Borrowings Classified As Financing Activities	-984 247	3 502 272	-5 211 690	3 648 611
Proceeds From Sales Property Plant Equipment	-136 000	-110 000	-6 500	-70 000
Profit Loss	1 185 120	1 262 599	10 559 046	2 842 515
Profit Loss On Ordinary Activities Before Tax	1 500 965	1 624 060	13 004 566	3 551 554
Property Plant Equipment Gross Cost	4 269 260	4 543 524	5 249 660	6 112 590
Provisions For Liabilities Balance Sheet Subtotal	37 157	48 622
Purchase Property Plant Equipment	-482 157	-476 799	-754 636	-870 495
Raw Materials Consumables		88 000	88 000	170 500
Social Security Costs	58 697	73 689	62 505	69 070
Staff Costs Employee Benefits Expense	705 545	960 419	716 231	731 192
Taxation Including Deferred Taxation Balance Sheet Subtotal	37 157	48 622	137 255	276 365
Tax Expense Credit Applicable Tax Rate	285 183	308 571	2 470 868	674 795
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings			32 941	33 387
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	30 495	53 043	19 492	6 491
Tax Tax Credit On Profit Or Loss On Ordinary Activities	315 845	361 461	2 445 520	709 039
Total Assets Less Current Liabilities	5 777 398	7 133 931	17 025 521	18 867 732
Total Borrowings	7 735 215	6 859 890	9 762 702	5 911 430
Total Current Tax Expense Credit	299 760	349 996	2 356 887	569 929
Total Deferred Tax Expense Credit		11 465	88 633	139 110
Total Operating Lease Payments	256 691	459 374	361 456	364 636
Trade Creditors Trade Payables	6 531 652	2 438 025	2 681 363	2 013 984
Trade Debtors Trade Receivables	9 886 184	9 953 632	15 705 713	11 194 988
Turnover Revenue	40 413 125	45 308 873	70 828 242	58 460 365
Wages Salaries	574 606	772 038	574 076	626 441
Company Contributions To Defined Benefit Plans Directors	48 000	72 000	48 000
Director Remuneration	125 938	178 995	135 086	143 041
Director Remuneration Benefits Including Payments To Third Parties	173 938	250 995	183 086	143 041

Company staff

Ingrid M.

Role: Secretary

Appointed: 09 May 2019

Latest update: 26 March 2024

Daphne C.

Role: Director

Appointed: 13 October 2000

Latest update: 26 March 2024

Stephen C.

Role: Director

Appointed: 25 April 1995

Latest update: 26 March 2024

People with significant control

Daphne C.

Notified on 26 April 2016

Nature of control:

over 1/2 to 3/4 of shares

Stephen C.

Notified on 26 April 2016

Nature of control:

over 1/2 to 3/4 of shares

Accounts Documents

Account next due date	30 June 2024
Account last made up date	30 September 2022
Confirmation statement next due date	09 May 2024
Confirmation statement last made up date	25 April 2023

Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-09-30
Annual Accounts
Start Date For Period Covered By Report	2020-10-01
End Date For Period Covered By Report	2021-09-30
Annual Accounts
Start Date For Period Covered By Report	2021-10-01
End Date For Period Covered By Report	2022-09-30

Forestwood Agencies Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Ingrid M.

Daphne C.

Stephen C.

William M.

Esther M.

People with significant control

Daphne C.

Stephen C.

Accounts Documents

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