Tornado Gloves Limited in Walsall, WS9 8BG

Description

Data updated on: 01-11-2023

The firm named Tornado Gloves was founded on Thursday 2nd August 2001 as a Private Limited Company. This enterprise's registered office could be gotten hold of in Walsall on Tornado Gloves Limited Middlemore Lane West, Aldridge. In case you want to contact the business by post, its post code is WS9 8BG. The official registration number for Tornado Gloves Limited is 04263687. This enterprise's classified under the NACE and SIC code 46420 and has the NACE code: Wholesale of clothing and footwear. Tornado Gloves Ltd released its latest accounts for the financial year up to December 31, 2022. The business latest confirmation statement was released on July 5, 2023.

When it comes to this particular firm's executives data, for one year there have been three directors: James M., Daniel L. and Russell N.. To find professional help with legal documentation, this specific limited company has been utilizing the skillset of Suzanne J. as a secretary since December 2023.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-01-20	2020-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-143 328	-106 049	31 834	261 336	560 367	481 693

Balance Sheet
Cash Bank In Hand	3 010	19 765	33 615	185 779	216 264	292 366
Cash Bank On Hand						292 366	800 531	854 998	1 138 447	1 000	105 049
Current Assets	991 791	1 127 359	1 034 498	1 606 880	2 018 257	2 325 190	3 462 777	3 422 405	3 586 501	1 783 765	1 239 471
Debtors	723 257	864 309	867 591	1 190 215	1 246 401	1 401 867	2 030 564	1 991 459	1 710 351	1 560 782	966 678
Net Assets Liabilities						481 693	306 289	-60 616	-58 589
Net Assets Liabilities Including Pension Asset Liability	-143 328	-106 049	31 834	261 336	560 367	481 693
Other Debtors						350 888	570 503	853 661	617 885	1 074 850	379 067
Property Plant Equipment						62 270	77 051	118 447	101 914	69 772	26 758
Stocks Inventory	265 524	243 285	133 292	230 886	555 592	630 957
Tangible Fixed Assets	9 693	9 852	9 057	8 284	12 689	62 270
Total Inventories						630 957	631 682	575 948	737 703	221 983	167 744

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	-143 428	-106 149	31 734	261 236	560 267	481 593
Shareholder Funds	-143 328	-106 049	31 834	261 336	560 367	481 693

Other Financial Data
Accrued Liabilities
Accumulated Depreciation Impairment Property Plant Equipment						39 992	56 572	84 408	113 429	145 571	107 434
Amounts Owed By Other Related Parties Other Than Directors
Amounts Owed By Parent Entities
Amounts Owed To Parent Entities
Average Number Employees During Period							6	9	10	10	6
Bank Borrowings Overdrafts						456 527	1 037 529	1 306 717	1 722 771	1 013 784
Cash Cash Equivalents
Deferred Tax Assets
Increase From Depreciation Charge For Year Property Plant Equipment							23 143	38 501	35 455		14 378
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment
Other Disposals Property Plant Equipment
Prepayments
Profit Loss							226 318		149 027
Property Plant Equipment Gross Cost						102 262	133 623	202 855	215 343	215 343	134 192
Property Plant Equipment Including Right-of-use Assets
Trade Creditors Trade Payables						328 607	468 781	580 446	440 050	744 956	96 200
Trade Debtors Trade Receivables						843 757	1 246 672	1 063 798	1 068 466	356 521	458 200
Amount Specific Advance Or Credit Directors					2 675	52 292	109 768	174 550	527 204	944 255	175 131
Amount Specific Advance Or Credit Made In Period Directors						49 617	57 476	64 782	226 319	417 051
Amount Specific Advance Or Credit Repaid In Period Directors											769 124
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss							-1 051
Amounts Owed By Group Undertakings						207 222	213 389	74 000	24 000	129 411	129 411
Bank Borrowings						214 361	351 930	540 298
Bank Overdrafts						242 166	685 599	766 419	1 722 771
Creditors						118 196	292 383	400 040	246 356	2 840 456	2 107 552
Creditors Due After One Year	155 000	92 500	22 849			118 196
Creditors Due Within One Year	989 812	1 150 760	987 467	1 352 908	1 468 314	1 784 875
Disposals Decrease In Depreciation Impairment Property Plant Equipment							6 563	10 665	6 434		52 515
Disposals Property Plant Equipment							45 000	69 726	6 434		81 151
Dividends Paid							401 722		147 000
Finance Lease Liabilities Present Value Total						15 775	47 736	48 213	72 772	75 652	21 761
Increase Decrease Due To Transfers Between Classes Property Plant Equipment									76 879
Increase Decrease In Property Plant Equipment							67 499	59 458
Net Current Assets Liabilities	1 979	-23 401	47 031	253 972	549 943	540 315	523 266	229 043	91 810	-1 056 691	-868 081
Number Shares Allotted		100	100	100	100	100
Number Shares Issued Fully Paid									100
Other Creditors						102 421	244 647	351 827	173 584	290 813	47 467
Other Taxation Social Security Payable						300 611	290 209	339 951	463 573	715 251	70 661
Par Value Share		1	1	1	1	1			1
Provisions						2 696	1 645	8 066	5 957
Provisions For Liabilities Balance Sheet Subtotal						2 696	1 645	8 066	5 957
Provisions For Liabilities Charges			1 405	920	2 265	2 696
Secured Debts	498 975	665 065	718 724	841 753	1 013 119	481 527
Share Capital Allotted Called Up Paid	100	100	100	100	100	100
Tangible Fixed Assets Additions		2 979	2 224
Tangible Fixed Assets Cost Or Valuation	28 401	31 380	33 604	35 831	45 375	102 262
Tangible Fixed Assets Depreciation	18 708	21 528	24 547	27 547	32 686	39 992
Tangible Fixed Assets Depreciation Charged In Period		2 820	3 019
Total Additions Including From Business Combinations Property Plant Equipment							76 361	138 958	18 922
Total Assets Less Current Liabilities	11 672	-13 549	56 088	262 256	562 632	602 585	600 317	347 490	193 724	-986 919	-841 323
Total Borrowings						1 146 077	2 162 977	2 249 036	2 542 071
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment									13 934
Advances Credits Directors			47 425	47 425	2 675	52 292
Advances Credits Made In Period Directors				6 866	2 675
Advances Credits Repaid In Period Directors					6 866
Amounts Owed To Group Undertakings											1 871 463