Wake Industries Limited in Birmingham, B30 3JN

Description

Data updated on: 01-11-2023

Situated at Lifford Hall Lifford Lane, Birmingham B30 3JN Wake Industries Limited is classified as a Private Limited Company registered under the 02731576 registration number. It was set up thirty two years ago. The company's SIC and NACE codes are 31090 and their NACE code stands for Manufacture of other furniture. September 30, 2022 is the last time when account status updates were reported.

Having four recruitment advert since Mon, 27th Oct 2014, the company has been active on the employment market. On Wed, 30th Sep 2015, it started searching for candidates for a part time Part Time Sales/Administrator post in Tamworth, and on Mon, 27th Oct 2014, for the vacant post of a part time Factory Manager in Tamworth. As of yet, they have sought applicants for the Mig Welder positions.

1 transaction have been registered in 2011 with a sum total of £798. Cooperation with the Devon County Council council covered the following areas: Furniture.

At present, the firm is governed by one managing director: Martin H., who was appointed in 1992. Since January 2003 Beryl H., had been responsible for a variety of tasks within the firm up until the resignation in May 2022. As a follow-up another director, including Eric H. gave up the position in November 2015. In order to support the directors in their duties, this firm has been utilizing the skillset of Particia H. as a secretary for the last 16 years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	81 181	111 826	135 059	151 804

Balance Sheet
Cash Bank On Hand					29 586	54 516	6 673			1 410
Current Assets	280 213	269 721	312 127	305 050	369 680	328 097	301 844	263 698	214 052	250 166
Debtors	211 429	165 509	125 191	165 847	249 350	177 846	199 809	197 122	143 534	158 341
Net Assets Liabilities					155 879	166 443	166 487	124 734	105 972	142 517
Property Plant Equipment					25 760	26 776	20 382	15 434	11 195	8 396
Total Inventories					90 744	95 735	95 362	66 576	70 518	90 415
Cash Bank In Hand	0	36 887	121 799	98 466
Net Assets Liabilities Including Pension Asset Liability	81 181	111 826	135 059	151 804
Stocks Inventory	68 784	67 325	65 137	40 737
Tangible Fixed Assets	2 602	19 151	21 702	35 179

Capital & Reserves
Called Up Share Capital	900	900	900	900
Profit Loss Account Reserve	80 281	110 926	134 159	150 904
Shareholder Funds	81 181	111 826	135 059	151 804

Other Financial Data
Total Fixed Assets Additions		23 202	10 449	25 750
Total Fixed Assets Cost Or Valuation	4 258	27 460	37 909	63 659
Total Fixed Assets Depreciation	1 656	8 309	16 207	28 480
Total Fixed Assets Depreciation Charge In Period		6 653	7 898	12 273
Accumulated Depreciation Impairment Property Plant Equipment					37 899	46 883	53 677	58 822	60 543	63 342
Additions Other Than Through Business Combinations Property Plant Equipment						10 000	400	197
Average Number Employees During Period					11	14	14	13	10	8
Creditors					239 561	188 430	155 739	105 966	80 390	84 091
Depreciation Rate Used For Property Plant Equipment						25	25	25	25	25
Disposals Decrease In Depreciation Impairment Property Plant Equipment									2 010
Disposals Property Plant Equipment									2 518
Future Minimum Lease Payments Under Non-cancellable Operating Leases					60 000	60 000	60 000	60 000	60 000	60 000
Increase From Depreciation Charge For Year Property Plant Equipment						8 984	6 794	5 145	3 731	2 799
Net Current Assets Liabilities	78 579	92 675	113 357	116 625	130 119	139 667	146 105	157 732	133 662	166 075
Property Plant Equipment Gross Cost					63 659	73 659	74 059	74 256	71 738	71 738
Total Assets Less Current Liabilities	81 181	111 826	135 059	151 804	155 879	166 443	166 487	173 166	144 857	174 471
Creditors Due Within One Year Total Current Liabilities	201 634	177 046	198 770	188 425
Fixed Assets	2 602	19 151	21 702	35 179
Tangible Fixed Assets Additions		23 202	10 449	25 750
Tangible Fixed Assets Cost Or Valuation	4 258	27 460	37 909	63 659
Tangible Fixed Assets Depreciation	1 656	8 309	16 207	28 480
Tangible Fixed Assets Depreciation Charge For Period		6 653	7 898	12 273