Alloy Fabweld Limited in Bishops Stortford, CM23 3BT

Website

Zoom

www.alloyfabweld.com

Description

Data updated on: 01-11-2023

Alloy Fabweld Limited is officially located at Bishops Stortford at Rae House. Anyone can find the firm by referencing its post code - CM23 3BT. Alloy Fabweld's launching dates back to year 1996. The enterprise is registered under the number 03196009 and their state is active. This company's declared SIC number is 25990, that means Manufacture of other fabricated metal products n.e.c.. Thu, 31st Mar 2022 is the last time account status updates were filed.

Alloy Fabweld Ltd is a small-sized vehicle operator with the licence number OF1003752. The firm has one transport operating centre in the country. In their subsidiary in Dunmow on Unit 5, 1 machine is available.

From the information we have gathered, the company was established in May 1996 and has so far been governed by four directors, out of whom three (Mark W., Dean M. and Shaun P.) are still active.

Executives with significant control over the firm are: Laurie K. owns 1/2 or less of company shares. Shaun P. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	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
Net Worth	389 459	141 619

Balance Sheet
Cash Bank On Hand				364 303	641 587	1 179 129	583 926	1 066 961	492 272	56 493
Current Assets	2 444 321	2 142 282	2 107 471	2 468 631	3 469 010	6 668 046	6 183 686	7 514 435	5 935 766	5 155 876
Debtors	2 325 097	2 118 032	2 107 471	2 104 328	2 827 423	5 488 917	5 399 760	5 989 954	5 204 971	4 780 554
Net Assets Liabilities			545 685	900 999	1 808 323	2 318 397	3 402 803	3 782 897	2 047 443	877 843
Net Assets Liabilities Including Pension Asset Liability	389 459	141 619
Other Debtors				351	1 075	2 180	115 974	104 067
Property Plant Equipment			169 887	413 657	508 641	794 223	870 101	825 652	740 867	640 350
Stocks Inventory	119 224	24 250
Tangible Fixed Assets	88 583	63 093
Total Inventories							200 000	171 670	238 523	318 829

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	389 359	141 519
Shareholder Funds	389 459	141 619

Other Financial Data
Audit Fees Expenses			7 000	7 000	7 000	7 000	19 000	19 000	20 000	20 000
Amount Specific Advance Or Credit Directors			1 735		904	130	98 312	5 004	96 354	308 146
Amount Specific Advance Or Credit Made In Period Directors					82 198	60 000	25 000	93 308	200
Amount Specific Advance Or Credit Repaid In Period Directors			27 774	1 735	83 102	59 226	123 182		91 550	211 792
Director Remuneration			32 448	32 448	32 448	42 040	120 000	144 167	140 000	140 000
Dividend Recommended By Directors				60 000	160 000	120 000	120 000	30 000
Accrued Liabilities Deferred Income			368 202	403 845	586 185	154 226	74 333	260 476	237 980	150 869
Accumulated Depreciation Impairment Property Plant Equipment			101 957	133 125	180 395	265 041	372 267	489 664	563 593	606 220
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss						-55 211
Administrative Expenses			1 106 508	1 314 588	1 507 006	2 265 333	2 126 939	2 236 181	2 655 992	2 851 868
Amounts Owed To Directors				1 935	905	131	98 312	30 537
Amounts Owed To Other Related Parties Other Than Directors			1 141	13 710	13 710	13 710	162 288	290 295
Applicable Tax Rate			20	20	19	19	19	19	19	19
Average Number Employees During Period			70	83	91	122	114	88	87	76
Bank Borrowings				139 141	120 023	110 629	102 300	198 370	210 505	260 860
Bank Borrowings Overdrafts			122 578	118 772	106 670	99 376	91 421	650 873	422 441	162 124
Bank Overdrafts			122 578							152 996
Cash Cash Equivalents Cash Flow Value			-122 578	364 303		1 179 129	583 926	1 066 961	492 272	-96 503
Comprehensive Income Expense			178 839	415 314	1 067 324	630 074	1 204 406	410 094
Corporation Tax Payable			22 713	134 837				34 501	34 501
Cost Sales			5 751 352	7 747 634	7 044 923	16 146 673	12 745 570	10 684 371	13 574 589	10 369 082
Creditors			2 356	118 772	106 670	99 376	283 293	796 236	501 949	184 736
Creditors Due Within One Year	2 128 215	2 053 031
Current Tax For Period			22 713	112 125				34 501
Depreciation Amortisation Expense			32 027	39 928	50 627	84 646	107 228	117 397	112 387	106 531
Depreciation Expense Property Plant Equipment			15 309	27 390	50 627	84 646	107 226	117 397	112 387	106 529
Disposals Decrease In Depreciation Impairment Property Plant Equipment				8 761	3 357				38 458	63 902
Disposals Property Plant Equipment				8 761	3 357				61 495	71 894
Dividend Per Share Interim				600	1 600	1 200	1 200	300
Dividends Paid			70 000	60 000	160 000	120 000	120 000	30 000
Dividends Paid Classified As Financing Activities			-70 000	-60 000	-160 000	-120 000	-120 000	-30 000
Dividends Paid On Shares Interim			70 000	60 000	160 000	120 000	120 000	30 000
Finance Lease Liabilities Present Value Total			21 040	2 356			191 872	60 646	65 858	56 893
Finance Lease Payments Owing Minimum Gross			23 394	3 072
Fixed Assets	88 683	63 193	169 987	413 757	508 741	794 323	875 201	830 752	745 967	645 450
Future Finance Charges On Finance Leases			5 426	716
Future Minimum Lease Payments Under Non-cancellable Operating Leases				3 654	2 364	5 089	129 434	131 188	275 973	333 164
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			-72 504	130 227	311 370	-1 063 191	-1 685 804	237 531	283 123	183 101
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			140 710	1 408	-723 095	1 432 226	89 065	-590 194	875 638	-227 590
Gross Profit Loss			1 330 473	1 860 088	2 481 372	2 847 690	2 718 245	2 362 789	497 260	1 568 781
Income Taxes Paid Refund Classified As Operating Activities			35 205	-1	-22 712		584 405	328 511	328 511	404 883
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			177 711	486 881	277 284	537 542		483 035	-574 689	-588 775
Increase Decrease In Current Tax From Adjustment For Prior Periods					-112 125
Increase From Depreciation Charge For Year Property Plant Equipment				39 929	50 627	84 646	107 226	117 397	112 387	106 529
Interest Expense On Bank Loans Similar Borrowings				3 439	3 787	5 004	2 216	3 206	5 031	29 966
Interest Expense On Bank Overdrafts			2 653	2 461	-228	2 490	713	996	11 981	18 918
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			7 535	4 710	716		7 469	7 656	5 705	3 895
Interest Paid Classified As Operating Activities			-2 653	-5 900	-3 787	-7 494	-2 929	-4 202	-17 012	-48 884
Interest Payable Similar Charges Finance Costs			10 188	10 610	4 275	7 494	10 398	11 858	22 717	52 779
Investments Fixed Assets	100	100	100	100	100	100	5 100	5 100	5 100	5 100
Investments In Group Undertakings			100	100	100	100	5 100	5 100	5 100	5 100
Loans Advances Granted To Other Related Parties Classified As Financing Activities			-1 735	1 935	-1 030	-774
Net Assets Liabilities Subsidiaries			-100	-100	-2	-100	-100	-100	-100	-100
Net Cash Flows From Used In Financing Activities			76 376	-64 128	163 386	120 774	-78 006	-604 174	211 123	-362 229
Net Cash Flows From Used In Investing Activities			95 128	283 699	145 383	370 228	187 461	358 174	-248 603	10 493
Net Cash Flows From Used In Operating Activities			-349 215	-706 452	-586 053	-1 028 544	485 748	-237 035	612 169	940 511
Net Cash Generated From Operations			-324 198	-717 063	-613 268	-1 036 038	1 059 755	79 618	917 963	1 292 615
Net Current Assets Liabilities	316 106	89 251	410 922	646 333	1 461 463	1 623 450	2 810 895	3 748 381	1 803 425	417 129
Net Deferred Tax Liability Asset			32 868	40 319	55 211
Net Interest Received Paid Classified As Investing Activities			-799		-228		-643	-624	-58	-636
Nominal Value Allotted Share Capital				100	100	100
Number Shares Allotted		100
Number Shares Issued Fully Paid				100	100	100	100	100	100	100
Operating Profit Loss			223 965	545 500	974 366	582 357	629 756	127 318	-2 131 961	-1 279 204
Other Creditors			24 369	30 330	50 358	50 524	65 081	14 322	10 793	9 816
Other Deferred Tax Expense Credit			13 024	7 451	14 892	-55 211
Other Increase Decrease In Net Deferred Tax Liability				7 451	14 892
Other Interest Receivable Similar Income Finance Income			799		228		643	624	58	636
Other Taxation Social Security Payable			64 585	171 561	180 537	161 380	206 753	99 645	204 524	239 856
Par Value Share		1		1	1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities			-34 150	-18 684	-2 356		108 064	-44 994	-60 643	-65 861
Pension Other Post-employment Benefit Costs Other Pension Costs			13 479	15 321	17 349	6 737	74 078	54 679	62 407	19 915
Percentage Class Share Held In Subsidiary				100	100	50	100	100	100	100
Prepayments Accrued Income			28 926	68 437	58 591	65 951	39 092	167 191	102 772	208 098
Proceeds From Borrowings Classified As Financing Activities				-139 142				-750 000
Proceeds From Loans Advances To Other Related Parties Classified As Financing Activities			-29 509	-1 735
Profit Loss			178 839	415 314	1 067 324	630 074	1 204 406	410 094	-1 735 454	-1 169 600
Profit Loss On Ordinary Activities Before Tax			214 576	534 890	970 091	574 863	620 001	116 084	-2 154 620	-1 331 347
Profit Loss Subsidiaries						-56 107
Property Plant Equipment Gross Cost			271 844	546 782	689 036	1 059 264	1 242 368	1 315 316	1 304 460	1 246 570
Provisions			32 868	40 319	55 211
Provisions For Liabilities Balance Sheet Subtotal			32 868	40 319	55 211
Provisions For Liabilities Charges	15 330	10 825
Purchase Property Plant Equipment			-95 927	-283 699	-145 611	-370 228	-183 104	-72 948	-50 639	-14 004
Recoverable Value-added Tax				143 367	79 674	464 486	114 559	193 564
Secured Debts	171 911	241 778
Share Capital Allotted Called Up Paid	100	100
Social Security Costs			204 887	245 759	268 309	394 098	358 445	288 298	322 029	153 982
Staff Costs Employee Benefits Expense			2 266 764	2 700 191	2 926 188	4 152 316	4 164 824	2 958 679	3 536 075	4 210 424
Tangible Fixed Assets Additions		1 644
Tangible Fixed Assets Cost Or Valuation	234 196	201 522
Tangible Fixed Assets Depreciation	145 613	138 429
Tangible Fixed Assets Depreciation Charged In Period		20 402
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		27 586
Tangible Fixed Assets Disposals		34 318
Tax Decrease From Utilisation Tax Losses			15 064		179 124	144 004	117 178	4 502
Tax Expense Credit Applicable Tax Rate			42 915	106 978	184 317	109 224	117 800	22 056	-409 378	-252 956
Tax Increase Decrease From Effect Capital Allowances Depreciation			-13 023	-8 023	-15 041	-1 941	-14 788	10 454	25 850	31 381
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			7 885	12 832	9 848	36 721	14 166	6 493	16 057	11 874
Tax Increase Decrease From Other Short-term Timing Differences			13 024	7 789	14 892	-55 211
Tax Tax Credit On Profit Or Loss On Ordinary Activities			35 737	119 576	-97 233	-55 211	-584 405	-294 010	-419 166	-161 747
Total Additions Including From Business Combinations Property Plant Equipment				283 699	145 611	370 228	183 104	72 948	50 639	14 004
Total Assets Less Current Liabilities	404 789	152 444	580 909	1 060 090	1 970 204	2 417 773	3 686 096	4 579 133	2 549 392	1 062 579
Total Borrowings			143 618	2 356	120 023	253 568	353 303	1 055 252	210 505	413 856
Total Current Tax Expense Credit				112 125	-112 125
Total Operating Lease Payments			174 566	182 242	165 949	236 067	22 457	43 094	68 477	88 206
Trade Creditors Trade Payables			1 074 277	1 043 355	1 162 499	4 142 919	1 963 465	1 821 697	2 012 452	2 587 891
Trade Debtors Trade Receivables			1 946 639	1 892 173	2 688 083	612 580	1 538 560	1 228 064	965 182	987 818
Turnover Revenue			7 081 825	9 607 722	9 526 295	18 994 363	15 463 815	13 047 160	14 071 849	11 937 863
Wages Salaries			2 048 398	2 439 111	2 640 530	3 751 481	3 732 301	2 615 702	3 151 639	4 036 527
Advances Credits Directors		64 914
Advances Credits Repaid In Period Directors	51 385
Amounts Owed By Other Related Parties Other Than Directors							250 000	349 550
Amounts Recoverable On Contracts						788 574	2 757 170	3 619 007	753 342	599 733
Cash Receipts From Government Grants										-264
Corporation Tax Recoverable							584 405	328 511	419 166	141 529
Current Asset Investments								285 850
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss									-403
Gain Loss On Disposal Assets Income Statement Subtotal									-9 703	-5 117
Gain Loss On Disposals Property Plant Equipment									-9 703	-5 117
Increase Decrease In Stocks Inventories Finished Goods Work In Progress							200 000	-28 330	66 853	80 306
Merchandise							200 000	171 670	238 523	318 829
Net Assets Liabilities Associates						56 105	63 403	-34 488	163 803	283 429
Other Current Asset Investments Balance Sheet Subtotal								285 850
Other Operating Income Format1							38 450	710	26 771	3 883
Percentage Class Share Held In Associate							50	50	50	50
Proceeds From Sales Property Plant Equipment									-13 334	-2 875
Profit Loss From Continuing Operations Associates						-56 107	-17 300	97 891	-198 291	-119 626
Purchase Other Long-term Assets Classified As Investing Activities								285 850	-285 850
Repayments Borrowings Classified As Financing Activities							-8 239	-3 057	-216 297	216 298
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit							-584 405	-328 511	-419 166	-161 747
Tax Increase Decrease From Other Tax Effects Tax Reconciliation									367 471	209 701