Adstone Construction Limited in Droitwich, WR9 0NX

Description

Data updated on: 01-11-2023

Adstone Construction is a firm with it's headquarters at WR9 0NX Droitwich at Adstone House Wassage Way. This firm has been registered in year 1977 and is established under reg. no. 01333821. This firm has been present on the UK market for fourty seven years now and the last known status is active. This company's Standard Industrial Classification Code is 41201 which stands for Construction of commercial buildings. Its latest accounts describe the period up to 2022-12-31 and the most current annual confirmation statement was filed on 2023-10-16.

Adstone Construction Ltd is a small-sized vehicle operator with the licence number OD0185167. The firm has one transport operating centre in the country. In their subsidiary in Droitwich on Hampton Lovett Industrial Estate, 1 machine is available.

With two recruitment advert since Wed, 1st Apr 2015, the firm has been relatively active on the labour market. On Tue, 22nd Aug 2017, it started employing job candidates for a full time Fabricator Welder position in Droitwich, and on Wed, 1st Apr 2015, for the vacant position of a full time Fabricator/Welder in Droitwich.

Julie Y., Ian Y. and Ann S. are registered as the firm's directors and have been monitoring progress towards achieving the objectives and policies for twenty two years. To find professional help with legal documentation, the abovementioned limited company has been using the skills of Ann S. as a secretary.

Financial data based on annual reports

Profit & Loss
Date of Accounts	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

Balance Sheet
Cash Bank On Hand	853 214	1 168 553	1 277 312	723 335	724 908	903 111	1 175 903	2 626 701
Current Assets	3 034 078	3 868 968	4 464 931	3 168 686	2 901 435	2 706 253	3 583 982	6 127 746
Debtors	1 913 281	2 552 915	3 007 393	2 279 809	2 060 755	1 700 666	2 214 986	3 369 621
Net Assets Liabilities	4 461 047	4 658 691	4 520 985	3 812 282	4 743 271	1 227 507	1 341 434	1 170 553
Other Debtors	53 747	2 326	132 660	100	68 726	250	262 753	259 906
Property Plant Equipment	2 712 949	2 775 024	2 802 913	2 784 102	3 717 523	165 004	239 247	186 790
Total Inventories	267 583	147 500	180 226	165 542	115 772	102 476	193 093	131 424

Other Financial Data
Audit Fees Expenses	9 500			8 000	10 200			15 200
Accumulated Depreciation Impairment Property Plant Equipment	1 764 846	1 790 985	1 848 828	1 884 589	1 677 848	162 531	153 349	101 883
Additional Provisions Increase From New Provisions Recognised					123 198
Additions Other Than Through Business Combinations Property Plant Equipment		135 761	117 632	97 615	77 800	310 927	137 412	49 804
Administration Support Average Number Employees			5	5	5		16	12
Administrative Expenses			1 087 413	1 110 042	808 910		1 207 187	1 646 985
Amortisation Expense Intangible Assets					10 200
Amounts Owed To Related Parties							94 315	1 712 072
Average Number Employees During Period	41	49	53	53	49	47	54	56
Balances Amounts Owed To Related Parties					238 000
Balances With Banks				3 065	5 000		5 000	4 028
Bank Borrowings						50 000
Bank Borrowings Overdrafts			-152 253
Bank Overdrafts		4 068	152 253
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	686 997			703 219	661 378
Cash Cash Equivalents			1 277 312	723 335	724 908		1 175 903	2 626 701
Cash Cash Equivalents Cash Flow Value			1 164 485	1 125 059		903 111	1 175 903
Cash On Hand			342
Comprehensive Income Expense			-137 706	-663 703	930 989		185 351	1 400 543
Cost Sales			8 279 783	7 527 645	7 043 027		11 380 212	14 391 070
Creditors	20 033	5 000	4 995	20 566	17 490	63 163	134 883	98 174
Current Tax For Period								176 471
Debentures In Issue					238 000	234 214	238 000
Deferred Tax Assets			158 986	276 744	315 156	126 244	81 862
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-31 752	-121 102	-41 525	206 201	47 147	77 207
Deferred Tax Liabilities			184 284	180 940	342 550	27 606	30 371	25 716
Depreciation Amortisation Expense			76 983	92 243	55 015		28 782	49 438
Depreciation Expense Property Plant Equipment		60 122	76 983	92 243	55 015	44 038	28 782	49 438
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-33 983	-19 140	-56 481	-215 056	-1 559 355	-37 964	-100 904
Disposals Property Plant Equipment		-47 547	-31 900	-80 665	-380 820	-5 378 763	-72 351	-153 727
Dividend Per Share Interim		324					15	330 826
Dividends Paid							-71 424	-1 571 424
Dividends Paid Classified As Financing Activities							-71 424	-1 571 424
Dividends Paid On Shares Final		161 766
Dividends Paid On Shares Interim		161 766					71 424	1 571 424
Finance Lease Liabilities Present Value Total	20 033	5 000	4 995	10 619	9 177	63 163	134 883	98 174
Finance Lease Payments Owing Minimum Gross				31 185	26 667
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities			-130 323	-57 763	-110 976		13 678	-254 034
Future Minimum Lease Payments Under Non-cancellable Operating Leases					111 000
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			-778 988	294 765	510 943		-743 692	-2 701 999
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			454 478	-727 584	-219 054		514 320	1 154 635
Gain Loss In Cash Flows From Change In Inventories			32 726	-14 684	-49 770		90 617	-61 669
Gain Loss On Disposals Property Plant Equipment			740	-1 684	187 670		4 977	11 876
Gain Loss On Revaluation Other Assets Net Tax In Other Comprehensive Income					-98 434
Gain Loss On Revaluation Property Plant Equipment Net Tax In Other Comprehensive Income					911 677
Gross Amount Due From Customers For Construction Contract Work As Asset			1 945 267	2 039 899	1 486 140		880 459	865 722
Gross Profit Loss			918 857	326 985	887 821		1 425 951	3 311 649
Income Taxes Paid Refund Classified As Operating Activities			38		-420
Increase Decrease From Total Impairment Loss Recognised Or Reversed Property Plant Equipment					-46 700
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-39 426	-401 724	1 573		272 792	1 450 798
Increase Decrease In Current Tax From Adjustment For Prior Periods			-107			-420
Increase Decrease In Existing Provisions				-121 102				77 207
Increase From Depreciation Charge For Year Property Plant Equipment		60 122	76 983	92 243	55 015	44 038	28 782	49 438
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				53			9 404
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			1 211	2 258	3 382		8 531	13 394
Interest Income On Bank Deposits			202	563	692		92	951
Interest Paid Classified As Financing Activities			-1 211	-2 311	-3 382		-17 935	-13 394
Interest Paid Classified As Operating Activities			1 211	2 311	3 382		17 935	13 394
Interest Payable Similar Charges Finance Costs			1 211	2 311	3 382		17 935	13 394
Interest Received Classified As Investing Activities			202	563	692		92	951
Interest Received Classified As Operating Activities			202	563	692		92	951
Loans Advances Granted Classified As Investing Activities			10 000	31 729	262 528
Minimum Operating Lease Payments Recognised As Expense					738
Net Cash Flows From Used In Financing Activities			-144 929	-117 274	-143 404		-42 153	-1 878 307
Net Cash Flows From Used In Investing Activities			-93 930	-42 823	440 420		-97 956	15 846
Net Cash Flows From Used In Operating Activities			199 433	-241 627	-295 443		412 901	3 313 259
Net Cash Generated From Operations			199 471	-241 627	-295 863
Net Cash Inflow Outflow From Operations Before Movements In Working Capital			-92 313	-689 130	-53 744		274 146	1 704 226
Net Current Assets Liabilities	1 768 131	1 945 717	1 748 365	952 942	1 070 632	1 027 028	1 185 579	1 107 653
Number Shares Issued Fully Paid	5 000	5 000	5 000	4 750	4 750	4 750	4 750	4 750
Operating Profit Loss			-168 556	-783 057	78 911
Other Comprehensive Income Expense Net Tax					813 243
Other Creditors	6 692	53 466	79 539	67 477	64 122	35 602	35 286	144 825
Other Employee Expense			6 847	9 219	32 117		9 476	808
Other Interest Receivable Similar Income Finance Income			202	563	692		92	951
Other Operating Income Format1							31 577	2 000
Other Payables Accrued Expenses			27 046	19 208	31 383		45 579	62 236
Other Remaining Borrowings	329 011	434 894	304 571	246 808	135 832	6 142	16 034
Other Remaining Operating Income							31 577	2 000
Par Value Share		32	1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities			-13 395	-12 200	-29 046		83 528	-39 455
Payments To Redeem Own Shares				-45 000
Pension Costs Defined Contribution Plan			32 428	42 457	39 732		35 448	295 682
Prepayments			68 193	87 193	79 267		107 849	120 071
Proceeds From Sales Property Plant Equipment			13 500	22 500	353 434		39 364	64 699
Production Average Number Employees			48	48	44		37	44
Profit Loss			-137 706	-663 703	117 746		185 351	1 400 543
Profit Loss On Ordinary Activities Before Tax			-169 565	-784 805	76 221		232 498	1 654 221
Property Plant Equipment Gross Cost	4 477 795	4 566 009	4 651 741	4 668 691	5 395 371	327 535	392 596	288 673
Provisions			25 298	-95 804	27 394		-51 491	25 716
Provisions For Liabilities Balance Sheet Subtotal		57 050	25 298	-95 804	27 394	-98 638	-51 491	25 716
Purchase Property Plant Equipment			-117 632	-97 615	-176 234		-137 412	-49 804
Raw Materials Consumables	153 583	147 500	180 226	165 542	115 772	102 476	193 093	131 424
Revenue From Rendering Services			9 198 640	7 854 630	7 930 848		12 806 163	17 702 719
Short-term Deposits Classified As Cash Equivalents			1 276 970	720 270	719 908		1 170 903	2 622 673
Social Security Costs			189 470	188 798	168 383		178 426	198 823
Staff Costs Employee Benefits Expense			2 011 598	2 027 285	1 784 798		1 865 589	2 227 157
Taxation Social Security Payable	73 023	97 055	83 434	96 972	76 994	215 220	45 987	77 052
Tax Tax Credit On Profit Or Loss On Ordinary Activities			-31 859	-121 102	-41 525	205 781	47 147	253 678
Total Assets Less Current Liabilities	4 481 080	4 720 741	4 551 278	3 737 044	4 788 155	1 192 032	1 424 826	1 294 443
Total Borrowings	20 033	5 000	4 995	20 566	17 490	63 163	134 883	98 174
Total Increase Decrease From Revaluations Property Plant Equipment					1 029 700
Trade Creditors Trade Payables	774 232	1 244 137	2 063 063	1 774 660	1 274 875	1 088 358	1 900 013	2 826 994
Trade Debtors Trade Receivables	1 795 374	2 474 580	861 273	152 617	426 622	145 375	963 925	2 123 922
Turnover Revenue			9 198 640	7 854 630	7 930 848		12 806 163	17 702 719
Wages Salaries			1 782 853	1 786 811	1 544 566		1 642 239	1 731 844
Work In Progress	114 000
Company Contributions To Money Purchase Plans Directors	13 474	13 341	20 444	20 993	7 470		3 139	185 979
Director Remuneration	178 765	188 425	270 952	272 989	99 995		157 224	186 700
Number Directors Accruing Benefits Under Money Purchase Scheme			3	3	2

Executives who control the firm include: Julie 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.

Notified on 12 April 2017

Nature of control:

substantial control or influence

Roy S.

Notified on 6 April 2016

Ceased on 12 April 2017

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	30 October 2024
Confirmation statement last made up date	16 October 2023

Annual Accounts
Start Date For Period Covered By Report	2016-01-01
End Date For Period Covered By Report	2016-12-31
Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	2017-12-31
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
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

Fabricator Welder in Droitwich, posted on Tuesday 22nd August 2017
Region / City	Midlands, Droitwich
Industry	Uncategorised manufacturing services
Salary	From £10.50 to £11.25 per hour
Experience	at least two years
Work hours	Overtime
Job type	full time
Career level	experienced (non-managerial)
Job reference code	JULIE YOUNG


Fabricator/Welder in Droitwich, posted on Wednesday 1st April 2015
Region / City	Midlands, Droitwich
Industry	Construction of infrastructure and industrial facilities
Salary	£10.37 per hour
Work hours	Overtime
Job type	full time
Career level	none
Application by email	Julie.young@adstone.org.uk

Adstone Construction Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Ann S.

Julie Y.

Ian Y.

Ann S.

Roy S.

Jeremy P.

Gary H.

Michael A.

Gary P.

Graham N.

People with significant control

Julie Y.

Trudie S.

Jodie T.

Ian Y.

Roy S.

Accounts Documents

Company Vehicle Operator Data

Wassage Way

Address

City

Postal code

No. of Vehicles

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