Akg Trading (UK) Limited in Northampton, NN4 7BD

Description

Data updated on: 01-11-2023

2009 marks the establishment of Akg Trading (UK) Limited, a firm located at Unit 12, Monarch Courtyard, Salthouse Road Brackmills Industrial Estate, Northampton. This means it's been fifteen years Akg Trading (UK) has prospered in the business, as it was created on 2009-12-15. The Companies House Reg No. is 07105103 and its zip code is NN4 7BD. This business's declared SIC number is 64999 meaning Financial intermediation not elsewhere classified. Akg Trading (UK) Ltd filed its latest accounts for the financial period up to December 31, 2022. The company's latest confirmation statement was filed on May 9, 2023.

Akg Trading (uk) Ltd is a small-sized vehicle operator with the licence number OF1094457. The firm has one transport operating centre in the country. In their subsidiary in Northampton on Salthouse Road, 4 machines and 1 trailer are available.

In order to satisfy the clientele, this business is constantly supervised by a group of three directors who are Bulent A., Levent A. and Oner A.. Their work been of crucial importance to the following business since December 2009.

Financial data based on annual reports

Profit & Loss
Date of Accounts	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	338 947	155 742	154 287	313 529	117 284	282 047
Current Assets	6 702 521	2 799 342	1 816 744	2 287 389	1 359 967	1 793 662
Debtors	3 017 891	1 368 672	1 137 912	1 340 903	816 373	853 922
Net Assets Liabilities	845 436	842 666	956 447	1 167 689	1 412 978	1 442 051
Other Debtors	20 161				335 109	266 020
Property Plant Equipment	642 191	636 934	632 952	704 576	747 773	733 128
Total Inventories	3 345 683	1 274 928	524 545	632 957	426 310	657 693

Other Financial Data
Audit Fees Expenses	8 300	10 000
Fees For Non-audit Services		4 500
Director Remuneration	191 195	209 457
Dividend Recommended By Directors		200 000
Amount Specific Advance Or Credit Directors					7 123
Amount Specific Advance Or Credit Made In Period Directors					7 123
Amount Specific Advance Or Credit Repaid In Period Directors						7 123
Accrued Liabilities	23 882	73 409	15 924	13 585	14 500
Accumulated Depreciation Impairment Property Plant Equipment	101 578	89 828	95 236	108 039	125 197	192 622
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		1 512	-609	13 848	8 328	-2 661
Administrative Expenses	872 440	1 268 732
Average Number Employees During Period	13	13	13	13	13	13
Bank Borrowings	27 794
Bank Borrowings Overdrafts	30 566	1 784	3 727	50 000	34 840	25 194
Bank Overdrafts	2 772	1 784
Cash Cash Equivalents Cash Flow Value	336 175	153 958
Comprehensive Income Expense	309 831	197 230
Corporation Tax Payable	78 610	46 864	60 360	30 934	76 495
Cost Sales	12 375 637	8 412 009
Creditors	1 528	2 592 098	1 492 346	76 080	86 247	97 805
Current Tax For Period	78 610	46 745
Depreciation Amortisation Expense	11 254	12 945
Depreciation Expense Property Plant Equipment	2 088	3 779
Disposals Decrease In Depreciation Impairment Property Plant Equipment		24 695		4 926
Disposals Property Plant Equipment		24 695		9 069	32 196
Dividend Per Share Interim		2
Dividends Paid	400 000	200 000	140 000		151 000	50 000
Dividends Paid Classified As Financing Activities	-300 000	-300 000
Dividends Paid On Shares Interim	400 000	200 000
Expenses Recognised For Doubtful Debts Owed By Related Parties		336 000
Finance Lease Liabilities Present Value Total	1 528	1 528		26 080	51 407	72 611
Finance Lease Payments Owing Minimum Gross	9 167	1 677
Finished Goods	3 246 512	1 274 928
Further Item Interest Expense Component Total Interest Expense		202
Future Finance Charges On Finance Leases		149
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	18 135	54 780
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	736 745	-3 737 483
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	213 551	1 648 921
Gain Loss On Disposal Assets Income Statement Subtotal	1 250	6 417
Gain Loss On Disposals Property Plant Equipment	1 250	6 417
Gross Profit Loss	560 488	829 264
Income From Related Parties	1 964
Income Taxes Paid Refund Classified As Operating Activities	-94 427	-78 491
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	86 334	-182 217
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	785 586	-2 070 755
Increase From Depreciation Charge For Year Property Plant Equipment		12 945	5 408	17 729	17 158	67 425
Interest Expense On Bank Loans Similar Borrowings	1 998	514
Interest Expense On Bank Overdrafts	4	1 709
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	894	894
Interest Paid Classified As Operating Activities	-2 002	-2 425
Interest Payable Similar Charges Finance Costs	2 896	3 319
Loans Owed By Related Parties	250 361	300 287
Net Cash Flows From Used In Financing Activities	382 503	336 663
Net Cash Flows From Used In Investing Activities	-407	1 153
Net Cash Flows From Used In Operating Activities	-468 430	-155 599
Net Cash Generated From Operations	-565 753	-237 409
Net Current Assets Liabilities	204 773	207 244	324 398	553 944	774 531	827 146
Net Interest Received Paid Classified As Investing Activities	-298	-118
Number Shares Issued Fully Paid		100 000	100 000	100 000	100 000	100 000
Operating Profit Loss	391 039	248 688
Other Creditors	3 861				15 650	14 484
Other Deferred Tax Expense Credit		1 512
Other Interest Receivable Similar Income Finance Income	298	118
Other Operating Income Format1	702 991	688 156
Other Taxation Social Security Payable	16 018	15 090	18 440		17 597	240 715
Par Value Share		1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-9 166	-9 167
Payments To Related Parties	6 187 262	2 225 116
Pension Other Post-employment Benefit Costs Other Pension Costs	1 056	1 726
Prepayments	19 864	18 334	85 159	17 195	13 191
Proceeds From Sales Property Plant Equipment	-1 250	-6 417
Profit Loss	309 831	197 230	253 781	211 242	396 289	79 073
Profit Loss On Ordinary Activities Before Tax	388 441	245 487
Property Plant Equipment Gross Cost	743 769	726 762	728 188	812 615	872 970	925 750
Provisions		1 512	903	14 751	23 079	20 418
Provisions For Liabilities Balance Sheet Subtotal		1 512	903	14 751	23 079	20 418
Purchase Property Plant Equipment	-1 141	-7 688
Repayments Borrowings Classified As Financing Activities	-73 039	-27 794
Social Security Costs	50 022	55 107
Staff Costs Employee Benefits Expense	498 025	513 520
Tax Tax Credit On Profit Or Loss On Ordinary Activities	78 610	48 257
Total Additions Including From Business Combinations Property Plant Equipment		7 688	1 426	93 496	92 551	52 780
Total Assets Less Current Liabilities	846 964	844 178	957 350	1 258 520	1 522 304	1 560 274
Total Borrowings	30 566	1 784
Total Operating Lease Payments	225	1 614
Trade Creditors Trade Payables	6 209 777	2 401 334	1 342 416	1 622 057	253 403	667 686
Trade Debtors Trade Receivables	2 723 645	1 050 051	737 958	1 005 370	481 264	587 902
Turnover Revenue	12 936 125	9 241 273
Wages Salaries	446 947	456 687
Increase Decrease Due To Transfers Between Classes Property Plant Equipment						56
Increase Decrease In Property Plant Equipment				76 378	82 238	52 780