Advanced Engineering (UK) Limited in Tamworth, B79 7HS

Description

Data updated on: 01-11-2023

This particular business is based in Tamworth with reg. no. 01388943. The company was established in 1978. The office of the company is located at 7 Victoria Road . The postal code for this location is B79 7HS. The company known today as Advanced Engineering (UK) Limited was known under the name R.t. Palmer until 2011-10-20 when the business name was changed. The enterprise's classified under the NACE and SIC code 29320: Manufacture of other parts and accessories for motor vehicles. Advanced Engineering (UK) Ltd released its account information for the financial period up to 31st October 2022. The latest confirmation statement was submitted on 5th November 2022.

The following limited company owes its achievements and constant development to exactly six directors, namely Michael M., Jennifer P., David R. and 3 other members of the Management Board who might be found within the Company Staff section of this page, who have been managing it for six years. In addition, the managing director's efforts are often assisted with by a secretary - Jennifer P., who was officially appointed by the limited company in 2020.

Previous company's names
Advanced Engineering (UK) Limited 2011-10-20
R.t. Palmer Limited 1978-09-14

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31
Currency

Balance Sheet
Cash Bank On Hand	94 900	477 170	80 311	182 963	269 089	80 217	165 331	161 984
Current Assets	1 136 441	1 612 691	1 056 305	1 298 261	1 308 498	1 444 801	2 060 770	1 973 306
Debtors	1 033 291	1 127 096	967 569	1 106 873	1 030 834	1 141 009	1 671 864	1 734 747
Net Assets Liabilities	1 654 442	1 756 655	1 858 865	2 114 524	2 193 855	2 196 697	2 548 136	2 234 646
Other Debtors	197 348	73 449	9 419	5 420	64 484	3 218	218 921	196 091
Property Plant Equipment	2 537 592	2 197 747	2 210 956	2 012 107	1 749 236	2 010 924	2 306 850	2 290 872
Total Inventories	8 250	8 425	8 425	8 425	8 575	223 575	223 575	76 575

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	2 009 373	2 185 456	2 338 336	2 555 657	2 583 028	2 800 963	2 792 108	2 845 212
Additions Other Than Through Business Combinations Property Plant Equipment						479 623	627 892	374 526
Amounts Owed By Group Undertakings Participating Interests					621 871	751 386	876 979	993 771
Average Number Employees During Period		34	34	32	30	25	25	25
Bank Borrowings Overdrafts	78 273	52 306	196 280	95 302	50 000	50 738	48 090	95 766
Creditors	737 418	374 538	376 620	215 790	134 716	394 750	1 096 850	1 048 708
Depreciation Rate Used For Property Plant Equipment						10	10	10
Disposals Decrease In Depreciation Impairment Property Plant Equipment		76 877	43 550		169 982		192 227	169 735
Disposals Property Plant Equipment		173 577	260 000		292 400		340 821	337 400
Increase From Depreciation Charge For Year Property Plant Equipment		252 960	196 430	217 321	197 353	217 935	183 372	222 839
Net Current Assets Liabilities	223 268	250 446	354 364	623 339	872 206	1 050 051	963 920	924 598
Other Creditors	168 500	24 654	23 645	46 321	28 803	154 227	733 716	722 862
Other Taxation Social Security Payable	215 905	318 319	161 003	267 392	158 478	101 954	118 331	63 754
Property Plant Equipment Gross Cost	4 546 965	4 383 203	4 549 292	4 567 764	4 332 264	4 811 887	5 098 958	5 136 084
Provisions For Liabilities Balance Sheet Subtotal	369 000	317 000	329 835	305 132	292 871	362 778	422 313	571 128
Total Assets Less Current Liabilities	2 760 860	2 448 193	2 565 320	2 635 446	2 621 442	3 060 975	3 270 770	3 215 470
Trade Creditors Trade Payables	189 283	120 146	124 345	105 077	118 881	87 831	196 713	166 326
Trade Debtors Trade Receivables	835 943	463 697	763 611	658 946	344 479	386 405	575 964	544 885
Advances Credits Directors				6 509	6 509
Advances Credits Made In Period Directors						12 241
Advances Credits Repaid In Period Directors						5 732
Amount Specific Advance Or Credit Directors	38 342			2 228	5 732
Amount Specific Advance Or Credit Made In Period Directors	38 342			2 258	8 704
Amount Specific Advance Or Credit Repaid In Period Directors		38 342		30	5 200
Amounts Owed By Group Undertakings		589 950	194 539	442 507	621 871
Amounts Owed To Group Undertakings	110 187	652 440
Finance Lease Liabilities Present Value Total	568 918	374 538	376 620	215 790	134 716
Total Additions Including From Business Combinations Property Plant Equipment		9 815	426 089	18 472	56 900
Bank Borrowings					50 000
Total Borrowings				376 620	264 876