Adstone Construction Group Ltd in Droitwich, WR9 0NX

Description

Data updated on: 01-11-2023

This firm referred to as Adstone Construction Group was founded on 8th May 2019 as a Private Limited Company. The company's registered office can be reached at Droitwich on Adstone House Wassage Way, Hampton Lovett Industrial Estate. In case you want to get in touch with this business by post, the postal code is WR9 0NX. The registration number for Adstone Construction Group Ltd is 11983830. The company's SIC code is 41201 : Construction of commercial buildings. The company's most recent financial reports detail the period up to 2022-12-31 and the most current confirmation statement was filed on 2023-05-07.

In order to meet the requirements of its customers, the following business is consistently led by a number of four directors who are, to mention just a few, Ian Y., Trudie S. and Jodie T.. Their support has been of great use to this business since 2019.

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	724 908	903 111	14 043	36 389
Current Assets	2 906 185	174 370	127 123	1 748 611
Debtors	4 750	174 370	113 080	1 712 222
Net Assets Liabilities	9 500	4 525 970	4 522 985	5 408 146
Other Debtors	4 750	174 370	18 765	150
Property Plant Equipment		4 346 850	4 731 635	4 689 845
Total Inventories	115 772	102 476	193 093	131 424

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	13 285	-5 660	104 561	365 548
Additions Other Than Through Business Combinations Property Plant Equipment	607 103	4 346 850	489 346	219 197
Administration Support Average Number Employees	5	5	5	12
Administrative Expenses	438 426		1 319 275	1 921 216
Amounts Owed By Related Parties			94 315	1 712 072
Amounts Owed To Related Parties			94 315
Average Number Employees During Period	49	47	52	56
Balances With Banks	5 000		14 043	36 389
Bank Borrowings		50 000
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	889 390
Cash Cash Equivalents	724 908		14 043	36 389
Cash Cash Equivalents Cash Flow Value		903 111	14 043
Cash Flows Used In Acquiring Or Obtaining Control Subsidiaries Or Other Businesses Classified As Investing Activities	-4 750
Comprehensive Income Expense	414 050	3 623 222	176 874	1 117 547
Comprehensive Income Expense Attributable To Owners Parent	414 050		176 874	1 117 547
Cost Sales	4 979 400		11 272 212	14 211 070
Creditors	17 490	63 163	414 441	507 380
Current Tax For Period				176 471
Debentures In Issue	238 000	234 214	238 000
Deferred Tax Assets	315 156	124 244	48 159
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-41 525	444 453	50 522	248 093
Deferred Tax Liabilities	93 981	332 233	51 535	506 495
Depreciation Amortisation Expense	19 102		104 561	260 987
Depreciation Expense Property Plant Equipment	19 102	44 038	133 424	310 791
Disposals Decrease In Depreciation Impairment Property Plant Equipment	-1 340	-40 116	8 012	-42 440
Disposals Property Plant Equipment	-10 046	-63 914	-31 784	-92 693
Dividend Per Share Interim				8
Dividends Paid		-49 750	-71 424	-71 424
Dividends Paid Classified As Financing Activities			-71 424	-71 424
Dividends Paid On Shares Interim			71 424	71 424
Finance Lease Liabilities Present Value Total	9 177	11 381	414 441	333 886
Finance Lease Payments Owing Minimum Gross	26 667
Financial Assets Acquired	1 764 395
Financial Liabilities Assumed	-1 264 682
Fixed Assets	4 750	4 351 600	4 736 385	4 694 595
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	394 046		13 678	231 016
Future Minimum Lease Payments Under Non-cancellable Operating Leases	111 111
Gain Loss From Revaluation Property Plant Equipment Recognised In Profit Or Loss			-432	11 852
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	1 447 374		-840	-10 700
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	4 750		-61 290	1 599 142
Gain Loss In Cash Flows From Change In Inventories	115 772		90 617	-61 669
Gain Loss On Disposals Property Plant Equipment	187 670	4 655	-432	11 852
Goodwill Arising On Business Combination	-4 728 224
Gross Amount Due From Customers For Construction Contract Work As Asset	1 486 140	1 456 142	880 459	865 722
Gross Profit Loss	812 762		1 533 951	3 491 649
Income Taxes Paid Refund Classified As Operating Activities	-420
Increase Decrease From Total Impairment Loss Recognised Or Reversed Property Plant Equipment		-14 665
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	724 908		14 043	22 346
Increase Decrease In Current Tax From Adjustment For Prior Periods		-420
Increase From Depreciation Charge For Year Property Plant Equipment	14 625	14 665	104 561	260 987
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings		4 165	9 532
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss				5 932
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	2 283	6 538	9 527	25 341
Interest Income On Bank Deposits	472	397	92	951
Interest Paid Classified As Financing Activities	-2 283		-1 124	-17 879
Interest Paid Classified As Operating Activities	2 283		1 124	17 879
Interest Payable Similar Charges Finance Costs	2 283	10 703	19 059	31 273
Interest Received Classified As Investing Activities	472		110	951
Interest Received Classified As Operating Activities	472		110	951
Investments Fixed Assets	4 750	4 750	4 750	4 750
Investments In Subsidiaries	4 750	4 750	4 750	4 750
Issue Equity Instruments	9 500
Loans Advances Granted Classified As Investing Activities	262 528
Merger Adjustment Increase Decrease In Equity	4 728 224	-3 302 271
Minimum Operating Lease Payments Recognised As Expense	738
Net Cash Flows From Used In Financing Activities	398 884		263 760	91 415
Net Cash Flows From Used In Investing Activities	853 739		-489 236	-219 197
Net Cash Flows From Used In Operating Activities	-4 750		239 519	150 128
Net Cash Generated From Operations	-528 135
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	205 768		177 389	1 738 570
Net Current Assets Liabilities	1 075 382	174 370	69 533	1 629 251
Net Identifiable Assets Liabilities Acquired	4 732 974
Number Shares Issued Fully Paid	9 500	9 500	9 500	9 500
Operating Profit Loss	374 336		246 253	1 572 433
Other Comprehensive Income Expense Net Tax		3 362 256
Other Creditors	64 122	35 600	35 286	144 825
Other Employee Expense	22 792	3 856	9 476	808
Other Finance Income			110
Other Interest Receivable Similar Income Finance Income	472		202	951
Other Operating Income Format1			31 577	2 000
Other Payables Accrued Expenses	31 383	38 308	45 579	9 800
Other Remaining Borrowings	135 832	6 142	16 034	173 494
Other Remaining Operating Income		179 080	31 577	2 000
Par Value Share	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-2 379		336 308	-50 298
Pension Costs Defined Contribution Plan	24 933	31 053	35 448	295 682
Percentage Class Share Held In Subsidiary	100	100	100	100
Percentage Voting Equity Interests Acquired	100
Prepayments	79 267	98 899	107 849	120 071
Proceeds From Issuing Shares	9 500
Proceeds From Sales Property Plant Equipment	351 076		39 364	64 699
Production Average Number Employees	44	42	47	44
Profit Loss	414 050	260 966	68 439	956 585
Profit Loss Acquiree	372 525
Profit Loss Attributable To Owners Parent	414 050		176 874	1 117 547
Profit Loss On Ordinary Activities Before Tax	372 525		227 396	1 542 111
Property Plant Equipment Acquired	4 233 261
Property Plant Equipment Gross Cost	607 103	4 346 850	4 836 196	5 055 393
Provisions For Liabilities Balance Sheet Subtotal	121 375	233 595	3 375	506 494
Purchase Property Plant Equipment	239 663		-489 346	-219 197
Raw Materials Consumables	115 772	102 476	193 093	131 424
Revenue Acquiree	5 792 162
Revenue From Rendering Services	5 792 162	7 472 702	12 806 163	17 702 719
Short-term Deposits Classified As Cash Equivalents	719 908		1 170 903	2 622 673
Social Security Costs	157 253	149 235	178 426	198 823
Staff Costs Employee Benefits Expense	1 089 416	1 596 339	1 865 589	2 227 157
Taxation Social Security Payable	76 994	215 220	45 987	77 052
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-41 525	444 033	3 375	503 119
Total Assets Less Current Liabilities	5 290 639	4 525 970	4 805 918	6 323 846
Total Borrowings	17 490	63 163	414 441	409 206
Total Increase Decrease From Revaluations Property Plant Equipment		111 031
Trade Creditors Trade Payables	1 274 875	1 088 358	840	1 740
Trade Debtors Trade Receivables	426 622	145 375	963 925	2 123 922
Turnover Revenue	5 792 162		12 806 163	17 702 719
Wages Salaries	884 438	1 412 195	1 642 239	1 731 844
Company Contributions To Money Purchase Plans Directors	2 996		3 139	267 387
Director Remuneration	79 557		157 224	253 530
Number Directors Accruing Benefits Under Money Purchase Scheme	4		4	4

Company staff

Ian Y.

Role: Director

Appointed: 08 May 2019

Latest update: 23 February 2024

Trudie S.

Role: Director

Appointed: 08 May 2019

Latest update: 23 February 2024

Jodie T.

Role: Director

Appointed: 08 May 2019

Latest update: 23 February 2024

Julie Y.

Role: Director

Appointed: 08 May 2019

Latest update: 23 February 2024

People with significant control

Executives who have control over the firm are as follows: Ian Y. has substantial control or influence over the company. Trudie S. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Jodie T. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Ian Y.

Notified on 8 May 2019

Nature of control:

substantial control or influence

Trudie S.

Notified on 8 May 2019

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Jodie T.

Notified on 8 May 2019

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Julie Y.

Notified on 8 May 2019

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	21 May 2024
Confirmation statement last made up date	07 May 2023

Annual Accounts
Start Date For Period Covered By Report	2019-05-08
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Adstone Construction Group Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Ian Y.

Trudie S.

Jodie T.

Julie Y.

People with significant control

Ian Y.

Trudie S.

Jodie T.

Julie Y.

Accounts Documents

Company filings

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