Adroit Precision Engineering Limited in Luton, LU1 1LX

Description

Data updated on: 01-11-2023

Adroit Precision Engineering came into being in 1998 as a company enlisted under no 03506609, located at LU1 1LX Luton at Unit 5 Bilton Court. The company has been in business for twenty six years and its last known state is active. The company's present name is Adroit Precision Engineering Limited. This enterprise's former customers may know it as Horsler Investments, which was in use until October 26, 2006. This enterprise's declared SIC number is 25620 which stands for Machining. Sat, 31st Dec 2022 is the last time when account status updates were filed.

According to the latest update, there’s only a single director in the company: Michael H. (since December 15, 2006). Since 2019 John H., had been performing the duties for the firm until the resignation on December 12, 2022. As a follow-up another director, including John H. resigned on December 23, 2008.

Previous company's names
Adroit Precision Engineering Limited 2006-10-26
Horsler Investments Limited 1998-02-09

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	227 193	288 947	303 281	489 214	575 044

Balance Sheet
Cash Bank On Hand					156 831	544 725	189 953	372 547	178 864	8 697	599 763	579 554
Current Assets	481 433	598 739	645 372	771 033	928 547	1 050 189	1 383 237	1 551 041	1 725 950	1 702 214	1 513 697	1 748 504
Debtors	316 135	271 725	405 913	503 218	719 316	454 964	1 134 084	1 115 894	1 478 686	1 620 017	829 684	1 127 570
Net Assets Liabilities					575 044	655 249	816 537	1 010 432	1 229 158	1 421 857	1 429 717	1 374 235
Property Plant Equipment					25 000	22 919	20 420	24 625	106 510	536 597	474 123	410 951
Total Inventories					52 400	50 500	59 200	62 600	68 400	73 500	84 250	41 380
Cash Bank In Hand	153 980	311 580	222 580	239 115	156 831
Net Assets Liabilities Including Pension Asset Liability	227 193	288 947	303 281	489 214	575 044
Stocks Inventory	11 318	15 434	16 879	28 700	52 400
Tangible Fixed Assets	24 102	19 870	19 729	27 833	25 000

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	227 093	288 847	303 181	489 114	574 944
Shareholder Funds	227 193	288 947	303 281	489 214	575 044

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal					-38 217	-20 664
Accumulated Depreciation Impairment Property Plant Equipment					42 714	47 435	36 837	40 990	45 586	127 378	227 022	294 320
Additions Other Than Through Business Combinations Property Plant Equipment						2 640	2 282	8 358	88 952	527 755	37 754	38 235
Administrative Expenses					2 340 942	2 185 031
Amounts Owed By Related Parties						144 000	360 000	384 000	600 000	900 000	690 000	763 000
Average Number Employees During Period						19	20	20	21	18	16	15
Creditors					338 155	415 702	584 794	561 854	596 353	133 099	67 962	41 607
Disposals Decrease In Depreciation Impairment Property Plant Equipment							-13 979		-2 470	-11 099	585	-16 382
Disposals Property Plant Equipment							-15 379		-2 470	-15 877	585	-34 108
Gross Profit Loss					2 449 894	2 289 266
Increase From Depreciation Charge For Year Property Plant Equipment						4 721	3 381	4 153	7 067	92 891	100 228	83 680
Net Current Assets Liabilities	205 575	271 495	285 806	463 621	552 175	634 487	798 443	989 187	1 129 597	1 046 649	1 050 128	1 024 802
Other Inventories						50 500	59 200	62 600	68 400	73 500	84 250	41 380
Prepayments											35 982	36 254
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal					22 113	31 803
Profit Loss					85 830	80 205
Profit Loss On Ordinary Activities Before Tax					108 952	104 235
Property Plant Equipment Gross Cost					67 714	70 354	57 257	65 615	152 097	663 975	701 144	705 271
Provisions For Liabilities Balance Sheet Subtotal					2 131	2 158	2 326	3 380	6 949	28 290	26 572	19 911
Tax Tax Credit On Profit Or Loss On Ordinary Activities					23 122	24 030
Total Assets Less Current Liabilities	229 677	291 365	305 535	491 454	577 175	678 071	818 863	1 013 812	1 236 107	1 583 246	1 524 251	1 435 753
Total Borrowings										133 099	67 962	41 607
Trade Creditors Trade Payables						111 341	237 436	173 656	213 166	145 268	113 952	107 789
Trade Debtors Trade Receivables						265 707	728 937	687 721	838 295	667 309	60 498	328 316
Amount Specific Advance Or Credit Directors											30 000
Amount Specific Advance Or Credit Made In Period Directors											30 000
Amount Specific Advance Or Credit Repaid In Period Directors												-30 000
Creditors Due Within One Year	275 858	327 244	359 566	307 412	376 372
Number Shares Allotted		100	100	100	100
Par Value Share		1	1	1	1
Provisions For Liabilities Charges	2 484	2 418	2 254	2 240	2 131
Share Capital Allotted Called Up Paid	100	100	100	100	100
Tangible Fixed Assets Cost Or Valuation	46 561	47 682	52 761	65 253	67 714
Tangible Fixed Assets Depreciation	22 459	27 812	33 032	37 420	42 714