Mailway Packaging Solutions Limited in Bradford, BD5 7SG

Description

Data updated on: 01-11-2023

This firm called Mailway Packaging Solutions was created on 18th January 2010 as a Private Limited Company. The company's headquarters can be contacted at Bradford on 12-16 Pitcliffe Way, West Bowling. Assuming you need to contact the company by post, the postal code is BD5 7SG. The official reg. no. for Mailway Packaging Solutions Limited is 07128297. This company debuted under the business name Gweco 462, but for the last 14 years has operated under the business name Mailway Packaging Solutions Limited. The company's classified under the NACE and SIC code 82920 and has the NACE code: Packaging activities. 2022-02-28 is the last time when the company accounts were filed.

Having two recruitment advert since June 18, 2014, the firm has been active on the employment market. On February 10, 2016, it started looking for new employees for a full time Logistics Team Leaders post in Melton Mowbray, and on June 18, 2014, for the vacant post of a full time Systems Administrator in Bradford.

Considering this firm's magnitude, it became unavoidable to acquire other company leaders, including: Samuel B., Neil H., Elizabeth A. who have been aiding each other since 2019 to fulfil their statutory duties for the following firm.

Previous company's names
Mailway Packaging Solutions Limited 2010-02-18
Gweco 462 Limited 2010-01-18

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-02-28	2022-02-28	2023-02-28
Currency

Balance Sheet
Cash Bank On Hand	1 843 841	2 059 900	695 707
Current Assets	8 581 972	12 313 578	9 393 852
Debtors	6 433 225	11 154 550	8 508 543
Net Assets Liabilities	6 810 276	6 271 256	6 850 300
Other Debtors	248 031	263 556	205 168
Property Plant Equipment	1 977 309	1 770 639	1 754 290
Total Inventories	304 906	330 600	189 602

Other Financial Data
Audit Fees Expenses	13 780	5 287	35 098
Director Remuneration	1 221 116	1 692 548
Dividend Recommended By Directors		4 000 000
Number Directors Accruing Benefits Under Money Purchase Scheme	5	5
Accrued Liabilities Deferred Income	49 250	1 860 147	1 673 565
Accumulated Amortisation Impairment Intangible Assets	152 890	167 003	181 116
Accumulated Depreciation Impairment Property Plant Equipment	2 054 873	2 382 738	2 758 622
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		-80 073	74 842
Administrative Expenses	5 862 235	7 721 540	9 030 147
Amortisation Expense Intangible Assets	14 200	14 113	14 113
Amounts Owed By Group Undertakings	5 396 343	4 581 745	6 870 571
Amounts Owed To Group Undertakings			119 665
Applicable Tax Rate	19	19	19
Average Number Employees During Period	362	407	376
Comprehensive Income Expense	2 014 421	3 460 980	5 579 044
Corporation Tax Payable	259 626	332 500	652 183
Corporation Tax Recoverable			78 598
Cost Sales	12 511 144	12 179 086	10 220 112
Creditors	158 009	169 215	151 346
Current Tax For Period	297 060	465 000	675 022
Depreciation Expense Property Plant Equipment	473 219	414 957	375 884
Disposals Decrease In Depreciation Impairment Property Plant Equipment		87 092
Disposals Property Plant Equipment		114 145
Distribution Costs	176 954	261 006	376 438
Dividends Paid		4 000 000	5 000 000
Dividends Paid On Shares Interim		4 000 000	5 000 000
Finance Lease Liabilities Present Value Total	80 887	59 606	76 765
Fixed Assets	2 108 792	1 888 009	1 857 547
Future Minimum Lease Payments Under Non-cancellable Operating Leases	416 665	293 770	559 913
Gain Loss On Disposals Property Plant Equipment		3 229
Gross Profit Loss	8 159 713	11 497 832	15 412 641
Increase Decrease In Current Tax From Adjustment For Prior Periods	32 270
Increase From Amortisation Charge For Year Intangible Assets		14 113	14 113
Increase From Depreciation Charge For Year Property Plant Equipment		414 957	375 884
Intangible Assets	131 483	117 370	103 257
Intangible Assets Gross Cost	284 373	284 373
Interest Expense On Bank Overdrafts	40 058	40 582	90 746
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	5 276	8 797	8 598
Interest Payable Similar Charges Finance Costs	45 334	49 379	99 344
Net Current Assets Liabilities	5 122 787	4 735 683	5 402 162
Number Shares Issued But Not Fully Paid		85 000	85 000
Operating Profit Loss	2 377 628	3 895 286	6 428 252
Other Creditors	755 606	2 123 068
Other Deferred Tax Expense Credit	20 813	-80 073	74 842
Other Operating Income Format1	257 104	380 000	422 196
Other Remaining Borrowings		1 681 461	332 018
Other Taxation Social Security Payable	112 633	687 968	108 113
Par Value Share		0	0
Pension Other Post-employment Benefit Costs Other Pension Costs	107 051	274 943	258 634
Prepayments Accrued Income	33 654	253 223	224 594
Profit Loss	2 014 421	3 460 980	5 579 044
Profit Loss On Ordinary Activities Before Tax	2 332 294	3 845 907	6 328 908
Property Plant Equipment Gross Cost	4 032 182	4 153 377	4 512 912
Provisions	263 294	183 221	258 063
Provisions For Liabilities Balance Sheet Subtotal	263 294	183 221	258 063
Raw Materials	304 906	330 600	189 602
Recoverable Value-added Tax			19
Social Security Costs	602 951	760 518	991 242
Staff Costs Employee Benefits Expense	8 537 174	12 246 204	12 270 462
Tax Decrease From Tax Losses For Which No Deferred Tax Asset Was Recognised	-28 716	80 073
Tax Expense Credit Applicable Tax Rate	443 136	730 722	1 202 493
Tax Increase Decrease Arising From Group Relief Tax Reconciliation	-5 915	-6 376
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-197 600	-285 000
Tax Increase Decrease From Effect Capital Allowances Depreciation	12 286	19 112	-5 787
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	3 462	4 688	-4 543
Tax Tax Credit On Profit Or Loss On Ordinary Activities	317 873	384 927	749 864
Total Additions Including From Business Combinations Property Plant Equipment		235 340	359 535
Total Assets Less Current Liabilities	7 231 579	6 623 692	7 259 709
Total Operating Lease Payments	425 157	428 075	619 763
Trade Creditors Trade Payables	1 397 277	3 051 449	997 238
Trade Debtors Trade Receivables	755 197	4 824 554	979 585
Turnover Revenue	20 670 857	23 676 918	25 632 753
Wages Salaries	7 827 172	11 210 743	11 020 586