Lagan Building Solutions Limited, BT1 3BG

Description

Data updated on: 01-11-2023

Registered with number NI042009 twenty three years ago, Lagan Building Solutions Limited is categorised as a Private Limited Company. The business actual mailing address is 19 Clarendon Road, Belfast Belfast. This company's Standard Industrial Classification Code is 46900 - Non-specialised wholesale trade. Thursday 31st March 2022 is the last time account status updates were reported.

In order to satisfy the clientele, the following company is being supervised by a body of two directors who are Kevin F. and Peter L.. Their mutual commitment has been of critical importance to the company since September 2018. In order to find professional help with legal documentation, this particular company has been utilizing the skills of Kevin F. as a secretary for the last 6 years.

The companies with significant control over this firm are as follows: P.G.L Holdings (N.I.) Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Belfast at 19 Clarendon Road, BT1 3BG and was registered as a PSC under the reg no Ni666845.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	319 892	683 592	1 533 991	2 422 962	1 811 062	1 739 130
Current Assets	4 148 414	5 677 627	6 490 401	7 622 057	9 207 971	9 732 895
Debtors	1 906 342	2 621 584	2 765 552	2 981 756	3 231 635	3 901 129
Net Assets Liabilities	2 343 137	3 012 193	3 742 256	4 541 319	5 634 936	7 097 958
Other Debtors				731 600	47 332	175 096
Property Plant Equipment	253 340	298 022	297 971	191 141	199 746	341 460
Total Inventories	1 922 180	2 372 451	2 190 858	2 217 339	4 165 274	4 092 636

Other Financial Data
Audit Fees Expenses					7 668	18 083
Accrued Liabilities Deferred Income			571 568	735 345	665 273	628 583
Accumulated Depreciation Impairment Property Plant Equipment	256 572	327 997	390 333	505 040	569 544	549 934
Additional Provisions Increase From New Provisions Recognised				-16 811	12 262	28 557
Additions Other Than Through Business Combinations Property Plant Equipment				14 274	154 266	258 201
Administration Support Average Number Employees			22	23	13	13
Administrative Expenses			2 057 866	1 869 182	2 204 856	2 285 914
Amortisation Government Grants				-44 896
Amounts Owed By Group Undertakings			46 136	46 136	787 736	1 438 190
Applicable Tax Rate				19	19	19
Average Number Employees During Period	16	20		23	24	23
Bank Borrowings Overdrafts			770 242	460 595	443 850	371 890
Bank Overdrafts			770 242	460 595	443 850	371 890
Cash Cash Equivalents Cash Flow Value			763 749	1 962 367	1 367 212	1 367 240
Comprehensive Income Expense				871 064	1 255 941	1 593 024
Corporation Tax Payable			217 400	244 423	300 160	226 835
Cost Sales			8 572 991	9 018 252	11 126 132	12 015 123
Creditors	2 022 107	2 933 500	3 024 166	3 266 740	3 755 380	2 930 439
Current Tax For Period			93 542	166 853	182 038	81 876
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-8 006	-16 811	12 262	28 557
Deferred Tax Liabilities			21 951	5 140	17 402	45 959
Depreciation Expense Property Plant Equipment			121 900	117 932	129 468	104 494
Depreciation Rate Used For Property Plant Equipment		25		25	25	25
Derivative Liabilities				17 995
Disposals Decrease In Depreciation Impairment Property Plant Equipment		26 056			64 057	131 347
Disposals Property Plant Equipment		45 693			79 665	142 582
Dividends Paid				72 001	162 324	130 002
Dividends Paid Classified As Financing Activities			96 391	72 001	162 324	130 002
Dividends Paid On Shares			96 391	72 001	162 324	130 002
Double Taxation Relief			121 502	81 351	257 010
Finished Goods			2 190 858	2 217 339	4 165 274	4 092 636
Fixed Assets	253 341	298 023	297 972	191 142	199 747	341 461
Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income				-101 827	-27 421	148 864
Gain Loss In Cash Flows From Change In Accrued Items			-4 183	163 777	-69 487	-36 690
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			-254 606	361 421	519 720	-642 966
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			-143 968	-216 204	-249 879	-669 494
Gain Loss In Cash Flows From Change In Inventories			181 593	-26 481	-1 947 935	72 638
Gain Loss On Disposals Property Plant Equipment			15 219		29 142	55 611
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss			-2 917	5 099	-7 627	28 243
Government Grant Income				44 896
Gross Profit Loss			3 104 409	3 028 577	3 800 597	3 984 579
Income Expense Recognised Directly In Equity				-72 001	-162 324	-130 002
Income Taxes Paid Refund Classified As Operating Activities			110 421	217 399	244 378	300 229
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			612 735	1 198 618	-595 155	28
Increase Decrease In Current Tax From Adjustment For Prior Periods			4 812
Increase Decrease In Net Debt From Cash Flows				1 198 618	595 155	28
Increase From Depreciation Charge For Year Property Plant Equipment		97 481		117 932	129 468	104 494
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings			5 883	3 789	2	-956
Interest Paid Classified As Operating Activities			5 883	3 789	2	-956
Interest Payable Similar Charges Finance Costs			5 883	3 789	2	-956
Investments	1	1	1	1	1	1
Investments Fixed Assets	1	1	1	1	1	1
Investments In Group Undertakings			1	1	1	1
Net Cash Flows From Used In Financing Activities			-96 391	-27 105	-162 324	-130 002
Net Cash Flows From Used In Investing Activities			-103 818	-14 274	-109 516	-191 355
Net Cash Flows From Used In Operating Activities			812 944	1 239 997	-323 315	321 385
Net Cash Generated From Operations			929 248	1 461 185	-78 935	620 658
Net Current Assets Liabilities	2 126 307	2 744 127	3 466 235	4 355 317	5 452 591	6 802 456
Net Debt Funds			-763 749	-1 962 367	-1 367 212	-1 367 240
Net Deferred Tax Liability Asset			-8 006	-16 811	17 402	45 959
Operating Profit Loss			1 046 543	1 204 291	1 595 741	1 698 665
Other Comprehensive Income Expense Net Tax				-101 827	-27 421	148 864
Other Creditors			-30 197	-22 115	1 224	-3 144
Other Operating Income Format1				44 896
Other Taxation Social Security Payable			232 648	289 964	437 864	461 108
Par Value Share				1	1	1
Pension Costs Defined Contribution Plan			53 977	52 976	67 280	71 714
Pension Other Post-employment Benefit Costs Other Pension Costs			53 977	52 976	67 280	71 714
Prepayments Accrued Income			45 968	40 187	26 400	95 839
Proceeds From Government Grants Classified As Financing Activities				44 896
Proceeds From Sales Property Plant Equipment			35 081		17 300	55 329
Profit Loss			826 454	972 891	1 283 362	1 444 160
Profit Loss Attributable To Ordinary Equity Holders Parent Entity Basic			826 454	972 891
Profit Loss On Ordinary Activities Before Tax			1 040 660	1 200 502	1 595 739	1 699 621
Property Plant Equipment Gross Cost	509 912	626 019	688 304	696 181	769 290	891 394
Provisions			21 951	5 140	17 402	45 959
Provisions For Liabilities Balance Sheet Subtotal	36 511	29 957	21 951	5 140	17 402	45 959
Purchase Property Plant Equipment			138 899	14 274	126 816	246 684
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment				-3 225	-907	7 243
Revenue From Sale Goods			11 677 400	12 046 829	14 926 729	15 999 702
Selling Average Number Employees				11	11	10
Social Security Costs			85 027	91 449	99 078	105 880
Staff Costs Employee Benefits Expense			1 029 580	1 076 204	1 130 148	1 174 008
Tax Decrease Increase From Effect Revenue Exempt From Taxation						212 594
Tax Expense Credit Applicable Tax Rate			197 725	228 095	303 190	322 928
Tax Increase Decrease Arising From Group Relief Tax Reconciliation					-118 077
Tax Increase Decrease Arising From Overseas Tax Suffered Expensed			123 858	77 569
Tax Increase Decrease From Effect Capital Allowances Depreciation			4 969	668	5 608	-33 207
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			4 344	2 630	3 579	4 749
Tax Increase Decrease From Effect Foreign Tax Rates				77 569	118 077	145 028
Tax Increase Decrease From Other Short-term Timing Differences						28 557
Tax Tax Credit On Profit Or Loss On Ordinary Activities			214 206	227 611	312 376	255 461
Total Assets Less Current Liabilities	2 379 648	3 042 150	3 764 207	4 546 459	5 652 338	7 143 917
Total Current Tax Expense Credit			98 354	166 853
Total Increase Decrease From Revaluations Property Plant Equipment				-6 397	-1 492	6 485
Total Operating Lease Payments			374	5 185	14 918	658
Trade Creditors Trade Payables			1 262 505	1 540 533	1 907 009	1 245 167
Trade Debtors Trade Receivables			2 673 448	2 163 833	2 370 167	2 192 004
Turnover Revenue			11 677 400	12 046 829	14 926 729	15 999 702
Wages Salaries			890 576	931 779	963 790	996 414
Advances Credits Directors						127 764
Director Remuneration			10 176	10 176	10 176	77 856

Company staff

Kevin F.

Role: Secretary

Appointed: 12 September 2018

Latest update: 21 April 2024

Kevin F.

Role: Director

Appointed: 12 September 2018

Latest update: 21 April 2024

Peter L.

Role: Director

Appointed: 06 March 2002

Latest update: 21 April 2024

Charles J.

Role: Director

Appointed: 06 March 2002

Resigned: 12 September 2018

Latest update: 21 April 2024

Charles J.

Role: Secretary

Appointed: 23 November 2001

Resigned: 12 September 2018

Latest update: 21 April 2024

Malcolm H.

Role: Director

Appointed: 23 November 2001

Resigned: 06 March 2002

Latest update: 21 April 2024

Dorothy K.

Role: Director

Appointed: 23 November 2001

Resigned: 06 March 2002

Latest update: 21 April 2024

People with significant control

P.G.L Holdings (N.I.) Ltd

Address: Lagan House 19 Clarendon Road, Belfast, BT1 3BG, Northern Ireland

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered Northern Ireland

Place registered Companies House

Registration number Ni666845

Notified on 11 October 2021

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Peter L.

Notified on 6 April 2016

Ceased on 11 October 2021

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	07 December 2023
Confirmation statement last made up date	23 November 2022

Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	31/03/2019
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	31/03/2021
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	31/03/2022
Annual Accounts
Start Date For Period Covered By Report	01/04/2022
End Date For Period Covered By Report	31/03/2023

Lagan Building Solutions Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Kevin F.

Kevin F.

Peter L.

Charles J.

Charles J.

Malcolm H.

Dorothy K.

People with significant control

P.G.L Holdings (N.I.) Ltd

Peter L.

Accounts Documents

Company filings

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