Tangmere Airfield Nurseries Ltd in Chichester, PO20 2FT

Description

Data updated on: 01-11-2023

Tangmere Airfield Nurseries Ltd can be contacted at The Old Airfield City Fields Way, Tangmere in Chichester. The post code is PO20 2FT. Tangmere Airfield Nurseries has been in this business since the company was established in 1988. The Companies House Registration Number is 02263381. Although currently it is referred to as Tangmere Airfield Nurseries Ltd, it previously was known under a different name. It was known under the name Tangmere Airfield Nurseries until 2003-12-24, at which point the company name got changed to Tangmere Produce. The last change took place on 2012-01-05. This firm's registered with SIC code 1130: Growing of vegetables and melons, roots and tubers. Its latest filed accounts documents describe the period up to 2021-12-31 and the most recent confirmation statement was submitted on 2023-02-27.

Currently, this particular business is guided by just one director: Dick H., who was arranged to perform management duties on 2003-05-01. Dirk H. had been performing the duties for this specific business up to the moment of the resignation on 2019-12-05. As a follow-up a different director, including Brian K. gave up the position on 1999-08-04. Furthermore, the director's efforts are regularly backed by a secretary - Robert S., who was chosen by this specific business in 2011.

Previous company's names
Tangmere Airfield Nurseries Ltd 2012-01-05
Tangmere Produce Limited 2003-12-24
Tangmere Airfield Nurseries Limited 1988-05-31

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	8 549 100	9 564 794	11 069 202	7 205 696	9 045 258	9 821 178
Current Assets	17 161 859	18 710 596	18 754 268	19 826 217	20 603 382	21 090 721
Debtors	6 870 436	6 926 083	5 404 930	10 593 793	9 172 239	8 314 186
Net Assets Liabilities		28 657 037	29 669 570	25 571 535	26 148 687	26 854 190
Other Debtors	878 388	1 071 850	481 835	5 714 574	3 530 887	2 192 909
Property Plant Equipment	15 707 355	14 804 216	13 926 975	8 623 422	8 127 024	7 551 752
Total Inventories	1 742 323	2 219 719	2 280 136	2 026 728	2 385 885

Other Financial Data
Audit Fees Expenses			15 225	16 000	16 000	17 500
Accrued Liabilities Deferred Income	1 226 460	481 674	462 008	504 611	144 098	417 399
Accumulated Depreciation Impairment Property Plant Equipment	18 924 029	20 138 455	18 477 487	19 497 908	20 449 828	21 449 293
Additions Other Than Through Business Combinations Property Plant Equipment		332 653	306 860	811 869	455 521	428 716
Administrative Expenses			1 881 231	2 021 981	1 875 027	2 274 975
Amounts Owed By Group Undertakings			483 294	71 099	2 892 051	403 744
Amounts Owed To Group Undertakings	48 788				494 146
Average Number Employees During Period		123	147	138	143	134
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	1 132 656	1 017 471	902 285	787 100	671 915
Comprehensive Income Expense			1 056 533	1 296 965	577 152
Corporation Tax Payable		18 869
Corporation Tax Recoverable			349 276	476 732	675 751	284 154
Cost Sales			21 427 587	22 163 963	22 207 945	22 925 323
Creditors	3 353 779	592 268	381 980	165 859	1 996 273	2 053 703
Current Tax For Period			-20 000	-51 000	-90 000	-129 960
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			28 170	90 800	280 300	-52 700
Depreciation Expense Property Plant Equipment			1 064 615	905 237	836 735
Dividends Paid			44 000	7 800 000
Dividends Paid Classified As Financing Activities	-160 000		-44 000
Dividends Paid On Shares Final			44 000	300 000
Dividends Paid On Shares Interim				7 500 000
Equity Securities Held	1 089	1 089	1 089
Finance Lease Liabilities Present Value Total	796 965	592 268	381 980	165 859	165 857
Finance Lease Payments Owing Minimum Gross	199 213	204 696	592 266	381 979	165 857
Fixed Assets		15 398 770	14 521 529	9 217 976	8 721 478	8 944 372
Further Item Tax Increase Decrease Component Adjusting Items			69 898	37 822	20 443	13 252
Future Minimum Lease Payments Under Non-cancellable Operating Leases						34 724
Gain Loss On Disposals Property Plant Equipment			-4 301
Gross Profit Loss			2 157 274	1 597 786	1 413 907
Impairment Loss Reversal On Investments			231 516	-157 267	228 899
Income Tax Expense Credit On Components Other Comprehensive Income			76 260	-724 400
Increase Decrease In Current Tax From Adjustment For Prior Periods			-121 152	-17 911	-129 458	7 950
Increase From Depreciation Charge For Year Property Plant Equipment		1 232 195	1 179 800	1 020 422	951 920	999 465
Interest Payable Similar Charges Finance Costs			20 138	14 549	8 715	2 755
Investments	594 554	594 554	594 554	1 089	594 454	989
Investments Fixed Assets	594 554	594 554	594 554	594 554	594 454	1 392 620
Investments In Subsidiaries	593 465	593 465	593 465	593 465	593 465	1 391 631
Net Current Assets Liabilities	13 808 080	15 279 305	17 063 221	17 419 018	18 607 109	19 037 018
Operating Profit Loss			1 161 377	346 663	818 535
Other Creditors	29 555	1 686 827	302 385	854 545	363 927	616 634
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		17 769	2 840 768
Other Disposals Property Plant Equipment		21 366	2 845 069	7 500 000		4 523
Other Interest Receivable Similar Income Finance Income			110 088	105 073	57 073	90 972
Other Operating Income Format1			885 334	770 858	1 279 655	2 733 723
Other Taxation Social Security Payable			74 032	85 356	97 111	92 178
Pension Other Post-employment Benefit Costs Other Pension Costs	89 417	72 322	95 257	93 654	101 772	111 836
Percentage Class Share Held In Subsidiary		100	100	100	100
Prepayments Accrued Income	280 265	1 039 931	351 780	332 886	1 410 816	2 397 100
Profit Loss	1 740 559	798 156	1 132 793	572 565	577 152	705 503
Profit Loss On Ordinary Activities Before Tax			1 019 811	594 454	637 994	530 793
Property Plant Equipment Gross Cost	34 631 384	34 942 671	32 404 462	28 121 331	28 576 852	29 001 045
Provisions For Liabilities Balance Sheet Subtotal		1 428 770	1 533 200
Raw Materials Consumables	447 016	391 321	402 677	343 646	494 749
Social Security Costs	247 771	275 478	316 086	327 499	345 997
Staff Costs Employee Benefits Expense	5 530 235	6 365 788	6 422 450	3 923 047	4 147 635	4 286 497
Taxation Including Deferred Taxation Balance Sheet Subtotal			1 533 200	899 600	1 179 900	1 127 200
Tax Expense Credit Applicable Tax Rate			193 764	112 946	121 219	100 851
Tax Increase Decrease Arising From Group Relief Tax Reconciliation					-1 944
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit			-287 512	-123 500	-233 168	-296 400
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings					277 400
Tax Increase Decrease From Effect Dividends From Companies			-8	-9	-45	-7
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			28 871	9 691	3 878	5 237
Tax Tax Credit On Profit Or Loss On Ordinary Activities			-112 982	21 889	60 842	-174 710
Total Assets Less Current Liabilities		30 678 075	31 584 750	26 636 994	27 328 587	27 981 390
Total Current Tax Expense Credit			-141 152	-68 911	-219 458	-122 010
Total Increase Decrease From Revaluations Property Plant Equipment				2 405 000
Trade Creditors Trade Payables	1 782 238	949 546	642 336	746 567	731 134	927 492
Trade Debtors Trade Receivables	2 369 736	1 282 597	796 373	890 763	662 734	770 799
Transfers To From Retained Earnings Increase Decrease In Equity				-6 666 239
Turnover Revenue			23 584 861	23 761 749	23 621 852
Wages Salaries	5 193 047	6 017 988	6 011 107	3 501 894	3 699 866	3 786 032
Work In Progress			1 877 459	1 683 082	1 891 136
Director Remuneration			215 909	105 635	110 734	108 377