Prs Guitars International Limited in Milton Keynes, MK5 8FR

Description

Data updated on: 01-11-2023

The firm operates as Prs Guitars International Limited. This company first started 12 years ago and was registered with 08123415 as the registration number. This particular head office of this firm is registered in Milton Keynes. You may visit it at Ground Floor, Baird House, Seebeck Place, Knowlhill. The company's principal business activity number is 46491 and has the NACE code: Wholesale of musical instruments. The business latest financial reports cover the period up to Saturday 31st December 2022 and the most current annual confirmation statement was released on Wednesday 28th June 2023.

Taking into consideration the firm's constant development, it became vital to find further company leaders, including: Rachel C., James M., Daniel C. who have been collaborating since January 2024 to fulfil their statutory duties for this limited company.

The companies with significant control over this firm are: Paul Reed Smith Lp owns over 3/4 of company shares. This business can be reached in Stevensville at Log Canoe Circle, Md 21666.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	1

Balance Sheet
Cash Bank In Hand	1
Cash Bank On Hand		434 338	446 289	928 721	529 628	860 677
Current Assets		4 770 226	4 649 771	4 917 289	6 650 971	8 253 332
Debtors		1 848 080	1 826 803	3 168 860	4 168 343	3 992 328
Net Assets Liabilities		844 707	2 105 974	2 578 576	3 062 636	3 419 449
Other Debtors		1 546	19 576	93 409	1 339 804	705 729
Property Plant Equipment		52 215	65 402	46 349	120 799	94 466
Total Inventories		2 487 808	2 376 679	819 708	1 953 000	3 400 327

Capital & Reserves
Called Up Share Capital	1
Shareholder Funds	1

Other Financial Data
Audit Fees Expenses					10 750	10 225
Fees For Non-audit Services					45 150	33 199
Director Remuneration					366 624	319 552
Number Shares Allotted	1
Par Value Share	1		1	1		1
Share Capital Allotted Called Up Paid	1
Total Assets Less Current Liabilities	1	852 512	2 113 779	2 578 576	3 062 636	3 424 519
Accrued Liabilities		347 977	110 673	266 662	318 929	361 927
Accumulated Amortisation Impairment Intangible Assets		166 683	166 683		166 683
Accumulated Depreciation Impairment Property Plant Equipment		83 843	71 026	90 967	112 425	147 631
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss						58 501
Administrative Expenses					5 381 743	5 510 805
Amounts Owed To Group Undertakings		2 882 544	1 658 399	745 888	2 215 321	3 299 581
Applicable Tax Rate					19	19
Average Number Employees During Period		20	16	15	16	19
Cash Cash Equivalents Cash Flow Value					529 628
Comprehensive Income Expense					484 060	356 813
Corporation Tax Payable						31 186
Corporation Tax Recoverable			22 961	79 362	91 696
Cost Sales					11 560 063	13 875 116
Creditors		3 969 929	2 601 394	2 385 062	3 709 134	4 923 279
Current Tax For Period					-91 696	31 186
Depreciation Amortisation Expense					21 458	39 395
Depreciation Expense Property Plant Equipment					21 458	39 395
Disposals Decrease In Depreciation Impairment Property Plant Equipment			32 221			4 189
Disposals Property Plant Equipment			39 425			4 201
Fixed Assets		52 215	65 402	46 349	120 799	94 466
Future Minimum Lease Payments Under Non-cancellable Operating Leases		34 400	34 400	34 400	34 400	47 408
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables					1 324 072	1 182 958
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables					-984 749	30 888
Gain Loss On Disposal Assets Income Statement Subtotal						-13
Gain Loss On Disposals Property Plant Equipment						-13
Gross Profit Loss					5 771 708	5 956 603
Income Taxes Paid Refund Classified As Operating Activities					79 361	91 697
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					-399 093	331 049
Increase Decrease In Stocks Inventories Finished Goods Work In Progress					1 133 292	1 447 327
Increase From Depreciation Charge For Year Property Plant Equipment			19 404	19 941		39 395
Intangible Assets Gross Cost		166 683	166 683		166 683
Key Management Personnel Compensation Total					833 750	856 543
Merchandise					1 953 000	3 400 327
Net Cash Flows From Used In Investing Activities					95 908	12 373
Net Cash Flows From Used In Operating Activities					303 185	-343 422
Net Cash Generated From Operations					382 546	-251 725
Net Current Assets Liabilities		800 297	2 048 377	2 532 227	2 941 837	3 330 053
Net Interest Received Paid Classified As Investing Activities						-701
Number Shares Issued Fully Paid			1 118 920	1 118 920		1 118 920
Operating Profit Loss					389 965	445 798
Other Deferred Tax Expense Credit					-2 399	58 500
Other Interest Receivable Similar Income Finance Income						701
Other Taxation Social Security Payable		35 364	38 700	46 272	186 065	44 142
Payments Received On Account		344 949	399 905
Pension Other Post-employment Benefit Costs Other Pension Costs					20 196	48 825
Prepayments		64 052	39 605	993 655	291 855	42 342
Profit Loss					484 060	356 813
Profit Loss On Ordinary Activities Before Tax					389 965	446 499
Property Plant Equipment Gross Cost		136 058	136 428	137 316	233 224	242 097
Provisions					-53 431	5 070
Provisions For Liabilities Balance Sheet Subtotal		7 805	7 805			5 070
Purchase Property Plant Equipment					-95 908	-13 074
Recoverable Value-added Tax		64 244	10 689	74 290
Social Security Costs					145 185	144 670
Staff Costs Employee Benefits Expense					1 872 183	1 850 369
Tax Decrease From Utilisation Tax Losses						58 021
Tax Decrease Increase From Effect Revenue Exempt From Taxation						405
Tax Expense Credit Applicable Tax Rate					74 093	84 835
Tax Increase Decrease From Effect Capital Allowances Depreciation					2 793	4 471
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					279	306
Tax Tax Credit On Profit Or Loss On Ordinary Activities					-94 095	89 686
Total Additions Including From Business Combinations Property Plant Equipment			39 795	888		13 074
Total Operating Lease Payments					48 800	51 143
Trade Creditors Trade Payables		323 245	384 460	1 311 963	767 146	879 798
Trade Debtors Trade Receivables		1 718 238	1 733 972	1 877 113	2 391 557	3 244 257
Turnover Revenue					17 331 771	19 831 719
Wages Salaries					1 706 802	1 656 874