Aburnet Limited in Ilkeston, DE7 8EF

Description

Data updated on: 01-11-2023

This enterprise named Aburnet was started on 1924/12/29 as a Private Limited Company. This company's registered office could be found at Ilkeston on Manners Avenue Manners Avenue, Manners Industrial Estate. If you need to get in touch with the business by mail, the postal code is DE7 8EF. The office registration number for Aburnet Limited is 00202702. This company's registered with SIC code 13990: Manufacture of other textiles n.e.c.. Aburnet Ltd filed its latest accounts for the financial period up to 2022-12-31. The latest annual confirmation statement was filed on 2023-06-20.

Having two recruitment advertisements since 2015/01/23, Aburnet has been active on the job market. On 2016/01/12, it started looking for candidates for a full time Knitter/Textile Operative post in Nottingham, and on 2015/01/23, for the vacant post of a full time Accounts Assistant in Draycott.

That firm owes its accomplishments and unending growth to a team of two directors, namely Wendy S. and Richard B., who have been overseeing the firm since 2016/12/01. To help the directors in their tasks, this specific firm has been using the skills of Richard B. as a secretary since April 2009.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31
Currency
Net Worth	1 534 584	1 719 769

Balance Sheet
Cash Bank On Hand		464 416	560 219	240 742	380 095	268 448	988 316	556 192
Current Assets	1 617 611	1 647 956	2 093 028	2 115 438	2 801 072	2 759 433	3 272 932	2 172 540
Debtors	731 342	778 875	1 060 360	1 420 583	2 138 917	2 065 798	1 762 891	1 195 422
Net Assets Liabilities		1 719 769	2 610 776	2 826 301	2 962 714	3 022 744	3 185 214	3 454 353
Other Debtors							181 710	188 534
Property Plant Equipment		897 475	1 231 072	1 247 857	1 124 122	1 282 630	1 221 513	1 595 267
Total Inventories		404 665	472 449	454 113	282 060	425 187	510 450	460 134
Cash Bank In Hand	436 836	464 416
Net Assets Liabilities Including Pension Asset Liability	1 534 584	1 719 769
Stocks Inventory	449 433	404 665
Tangible Fixed Assets	234 737	897 475

Capital & Reserves
Called Up Share Capital	12 029	12 029
Profit Loss Account Reserve	1 482 084	1 667 269
Shareholder Funds	1 534 584	1 719 769

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment		918 500	862 342	1 011 153	1 147 308	1 248 385	1 354 255	1 334 598
Additions Other Than Through Business Combinations Property Plant Equipment			168 560	192 096	12 720	279 382	44 753	131 804
Administration Support Average Number Employees							17	17
Administrative Expenses							1 978 879	1 716 643
Amounts Owed By Related Parties							846 128	1 542 512
Amounts Owed To Related Parties							115 500	133 500
Applicable Tax Rate							19	19
Average Number Employees During Period		40	39	40	45	52	39	305
Balances With Banks							527 810	329 077
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment		757 006	680 733	666 448	652 163	637 879	623 595	609 311
Cash Cash Equivalents							988 316	556 192
Cash Cash Equivalents Cash Flow Value						273 412	1 054 954
Cash On Hand							234	458
Comprehensive Income Expense							218 966	397 639
Cost Sales							2 137 835	1 696 671
Creditors		192 000	622 806	460 602	903 511	927 520	1 224 488	158 152
Current Tax For Period							20 799	57 963
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit								84 595
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period							-7 056	2 637
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences							-7 056	87 232
Deferred Tax Liabilities							182 991	155 552
Depreciation Amortisation Expense							107 134	122 387
Depreciation Expense Property Plant Equipment							107 134	122 387
Disposals Decrease In Depreciation Impairment Property Plant Equipment			-117 760	-47 600		-11 880		-37 707
Disposals Property Plant Equipment			-216 933	-47 600	-300	-19 797		-37 707
Distribution Average Number Employees							11	11
Dividend Income							11 404
Dividends Paid							-56 496	-128 500
Dividends Paid Classified As Financing Activities							-56 496	-128 500
Dividends Received Classified As Investing Activities							11 404
Financial Assets							2 635 979	2 139 236
Financial Liabilities							1 186 951	158 152
Finished Goods Goods For Resale							55 000	143 368
Fixed Assets	234 987	897 725	1 231 322	1 248 107	1 124 372	1 282 880	1 221 763	1 595 517
Further Item Debtors Component Total Debtors							26 557	33 298
Gain Loss From Fair Value Adjustment Investment Property Recognised In Profit Or Loss								-87 750
Gain Loss From Revaluation Property Plant Equipment Recognised In Profit Or Loss							-15	16 100
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables							172 816	806
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables							-255 531	154 060
Gain Loss In Cash Flows From Change In Inventories							85 263	-50 316
Gain Loss On Disposals Property Plant Equipment							-15	16 100
Gain Loss On Financial Assets Fair Value Through Profit Or Loss								87 750
Government Grant Income							74 280	12 465
Gross Profit Loss							2 378 871	2 025 477
Income Taxes Paid Refund Classified As Operating Activities							50 967	37 394
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model								87 750
Increase Decrease From Total Impairment Loss Recognised Or Reversed Property Plant Equipment			-33 458					-104 000
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation							781 542	5 265
Increase Decrease In Current Tax From Adjustment For Prior Periods							-15 246
Increase Decrease In Current Tax From Unrecognised Tax Loss Or Credit								-16 673
Increase From Depreciation Charge For Year Property Plant Equipment			95 060	175 311	136 155	112 957	105 870	122 050
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings							29	54
Interest Income On Bank Deposits							25	43
Interest Paid Classified As Financing Activities							-29	-54
Interest Paid Classified As Operating Activities							29	54
Interest Payable Similar Charges Finance Costs							33 600	68 211
Interest Received Classified As Investing Activities							87	86
Interest Received Classified As Operating Activities							11 491	86
Investment Property							1 477 250	1 565 000
Investment Property Fair Value Model							1 477 250	1 565 000
Investments Fixed Assets	250	250	250	250	250	250	250	250
Investments In Associates							50	50
Investments In Group Undertakings Participating Interests							250	250
Investments In Subsidiaries		250	250	250	250	250	250	200
Loss On Financing Activities Due To Foreign Exchange Differences							33 571	68 157
Net Cash Flows From Used In Financing Activities							-56 525	-128 554
Net Cash Flows From Used In Investing Activities							-34 085	-115 642
Net Cash Flows From Used In Operating Activities							872 152	249 461
Net Cash Generated From Operations							923 119	286 855
Net Cash Inflow Outflow From Operations Before Movements In Working Capital							580 035	389 793
Net Current Assets Liabilities	1 299 597	1 014 044	1 470 222	1 654 836	1 897 561	1 831 913	2 048 444	2 014 388
Number Shares Issued Fully Paid							12 029	12 029
Operating Profit Loss							506 457	351 663
Other Comprehensive Income Expense Net Tax							5 278	364 000
Other Creditors							142 486	1 254
Other Departments Average Number Employees							3	3
Other Employee Expense							91 571	58 564
Other Finance Income							62	43
Other Interest Receivable Similar Income Finance Income							11 491	86
Other Operating Income Format1							106 465	42 829
Other Payables Accrued Expenses							292 309	15 152
Other Remaining Operating Income								425
Other Short-term Employee Benefits							102	1 356
Ownership Interest In Associate Percent							50	50
Par Value Share		1						1
Pension Costs Defined Contribution Plan							186 528	44 092
Percentage Class Share Held In Subsidiary							100	100
Prepayments							107 593	6
Proceeds From Sales Property Plant Equipment								16 100
Production Average Number Employees							277	274
Profit Loss							218 966	33 639
Profit Loss Attributable To Owners Parent							443 089	212 247
Profit Loss On Ordinary Activities Before Tax							484 348	371 288
Property Plant Equipment Gross Cost		1 815 975	2 093 414	2 237 910	2 271 430	2 531 015	2 575 768	2 929 865
Provisions For Liabilities Balance Sheet Subtotal			90 768	76 642	59 219	92 049	84 993	155 552
Purchase Property Plant Equipment							-45 576	-131 828
Raw Materials Consumables							155 313	168 927
Redeemable Preference Shares Liability							9 500	9 500
Redundancy Costs								25 000
Rental Income From Investment Property							69 914	72 956
Rental Income From Sub-leases							32 185	29 939
Revenue From Sale Goods							4 446 792	3 649 192
Short-term Deposits Classified As Cash Equivalents							460 272	227 115
Social Security Costs							160 157	120 029
Staff Costs Employee Benefits Expense							1 984 478	1 496 601
Taxation Social Security Payable							37 537	47 290
Tax Decrease From Utilisation Tax Losses							-20 806	32 090
Tax Decrease Increase From Effect Revenue Exempt From Taxation								25 826
Tax Decrease Increase From Effect Tax Incentives							-42 106	-52 309
Tax Expense Credit Applicable Tax Rate							92 026	70 545
Tax Increase Decrease From Effect Capital Allowances Depreciation							9 770	-1 113
Tax Increase Decrease From Effect Dividends From Companies							-2 167
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss							14 910	-919
Tax Increase Decrease From Effect Foreign Tax Rates							5 849	14 362
Tax Tax Credit On Profit Or Loss On Ordinary Activities							41 259	159 041
Total Assets Less Current Liabilities	1 534 584	1 911 769	2 701 544	2 902 943	3 021 933	3 114 793	3 270 207	3 609 905
Total Borrowings							9 500	9 500
Total Increase Decrease From Revaluations Property Plant Equipment			325 812					260 000
Total Operating Lease Payments							175
Trade Creditors Trade Payables							627 156	144 379
Trade Debtors Trade Receivables							718 761	900 834
Turnover Revenue							1 817 251	1 771 113
Unpaid Contributions To Pension Schemes							1 498	2 527
Wages Salaries							1 546 120	1 247 560
Work In Progress							300 137	147 839
Company Contributions To Money Purchase Plans Directors							156 248	14 371
Director Remuneration							176 600	183 567
Capital Redemption Reserve	2 421	2 421
Creditors Due After One Year		192 000
Creditors Due Within One Year	318 014	633 912
Number Shares Allotted	21 529	21 529
Percentage Subsidiary Held		100
Share Premium Account	38 050	38 050
Value Shares Allotted	21 529	21 529