Victory Machine Tools Limited in Gosport, PO12 4DR

Description

Data updated on: 01-11-2023

The enterprise called Victory Machine Tools was created on 2002-11-13 as a Private Limited Company. This firm's registered office can be gotten hold of in Gosport on 3a Wingate Road. In case you want to reach this company by post, its postal code is PO12 4DR. The official reg. no. for Victory Machine Tools Limited is 04589072. The company switched its business name two times. Until 2018 this firm has delivered the services it specializes in as Victory Precision Engineering but now this firm is listed under the name Victory Machine Tools Limited. This firm's declared SIC number is 71129 : Other engineering activities. Victory Machine Tools Ltd released its latest accounts for the financial period up to 2023/03/31. Its latest confirmation statement was released on 2022/11/13.

On Thursday 18th January 2018, the firm was recruiting a Cnc Miller / Programmer to fill a full time position in the engeneering in Gosport, South East/Southern. They offered a full time job with wage from £11.8 to £14.9 per hour. The offered job position required experienced worker and vocational qualifications (e.g. SNVQ or NVQ). Victory Machine Tools required workers with more than five years of working experience.

In order to meet the requirements of the client base, the following limited company is constantly taken care of by a group of two directors who are Debra B. and Richard B.. Their joint efforts have been of utmost use to this specific limited company for two years. What is more, the managing director's responsibilities are supported by a secretary - Richard B., who was appointed by this specific limited company on 2008-03-06.

Previous company's names
Victory Machine Tools Limited 2018-04-05
Victory Precision Engineering Limited 2014-09-02
Airport Precision Engineering Limited 2002-11-13

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	16 875	11 676	72 764	100 966	98 118

Balance Sheet
Cash Bank In Hand	10 922	19 960	89 481	44 491	48 170
Cash Bank On Hand					48 170	109 169	99 293	94 696	76 928	145 174	148 274	192 687
Current Assets	77 177	83 595	157 360	109 753	127 342	149 485	174 747	333 204	219 119	236 924	255 776	322 803
Debtors	64 255	61 235	65 479	62 862	76 772	37 916	73 054	233 508	139 791	85 350	102 102	127 716
Net Assets Liabilities					98 118	83 581	66 523	258 005	147 749	180 671	129 517	248 220
Net Assets Liabilities Including Pension Asset Liability	16 875	11 676	72 764	100 966	98 118
Other Debtors					1 901	1 201	1 771	3 979	3 805	4 926	5 277	4 588
Property Plant Equipment					94 076	81 281	82 570	68 806	55 350	45 926	35 168	45 113
Stocks Inventory	2 000	2 400	2 400	2 400	2 400
Tangible Fixed Assets	26 676	22 887	31 490	74 233	94 076
Total Inventories					2 400	2 400	2 400	5 000	2 400	6 400	5 400	2 400

Capital & Reserves
Called Up Share Capital	2	2	2	2	2
Profit Loss Account Reserve	16 873	11 674	72 762	100 964	98 116
Shareholder Funds	16 875	11 676	72 764	100 966	98 118

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					68 069	82 864	88 666	71 260	80 777	91 210	98 720	92 588
Amounts Owed By Group Undertakings								82 565
Amounts Owed To Group Undertakings					18 180	53 833	106 292		19 476	17 222	88 538	11 250
Average Number Employees During Period						12	11	8	7	6	7	6
Bank Borrowings Overdrafts							903	960
Creditors					38 838	28 192	17 914	131 037	116 288	93 516	154 793	114 385
Creditors Due After One Year				24 094	38 838
Creditors Due Within One Year	81 704	90 229	109 788	44 279	65 824
Disposals Decrease In Depreciation Impairment Property Plant Equipment							10 133	33 470	3 980	1 255	1 895	12 772
Disposals Property Plant Equipment							15 940	82 041	7 286	3 472	3 248	21 902
Finance Lease Liabilities Present Value Total					38 838	28 192	17 011
Finance Lease Payments Owing Minimum Gross					54 041	12 262	12 262
Future Finance Charges On Finance Leases					2 044	3 403	1 080
Future Minimum Lease Payments Under Non-cancellable Operating Leases					18 000	18 000	18 000	18 000
Increase From Depreciation Charge For Year Property Plant Equipment						14 795	15 935	16 064	13 497	11 688	9 405	6 640
Net Current Assets Liabilities	-4 527	-6 634	47 572	65 474	61 518	45 772	17 417	202 167	102 831	143 408	100 983	208 418
Number Shares Allotted		2	2	2	2
Number Shares Issued Fully Paid						2
Other Creditors					2 650	4 596	4 050	9 681	8 771	8 848	8 119	8 183
Other Taxation Social Security Payable					25 145	28 958	30 442	92 716	57 605	50 996	41 206	80 953
Par Value Share		1	1	1	1	1
Property Plant Equipment Gross Cost					162 145	164 145	171 236	140 066	136 127	137 136	133 888	137 701
Provisions					18 638	15 280
Provisions For Liabilities Balance Sheet Subtotal					18 638	15 280	15 550	12 968	10 432	8 663	6 634	5 311
Provisions For Liabilities Charges	5 274	4 577	6 298	14 647	18 638
Share Capital Allotted Called Up Paid	2	2	2	2	2
Tangible Fixed Assets Additions		700	15 878	57 662	36 849
Tangible Fixed Assets Cost Or Valuation	57 233	57 933	72 634	125 296	162 145
Tangible Fixed Assets Depreciation	30 557	35 046	41 144	51 063	68 069
Tangible Fixed Assets Depreciation Charged In Period		4 489	6 687	13 818	17 006
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			589	3 899
Tangible Fixed Assets Disposals			1 177	5 000
Total Additions Including From Business Combinations Property Plant Equipment						2 000	23 031	50 871	3 347	4 481		25 715
Total Assets Less Current Liabilities	22 149	16 253	79 062	139 707	155 594	127 053	99 987	270 973	158 181	189 334	136 151	253 531
Trade Creditors Trade Payables					10 093	5 680	3 940	27 680	30 436	16 450	16 930	13 999
Trade Debtors Trade Receivables					74 871	36 715	71 283	146 964	135 986	80 424	96 825	123 128