Almit Group Limited in Darlington, DL3 0PP

Description

Data updated on: 01-11-2023

Almit Group Limited is categorised as Private Limited Company, with headquarters in Faverdale, Faverdale Industrial Estate, Darlington. The office's located in DL3 0PP. The company has been 16 years in the United Kingdom. Its Companies House Registration Number is 06657985. The company's SIC and NACE codes are 70100 meaning Activities of head offices. Its most recent accounts were submitted for the period up to Thursday 31st March 2022 and the latest confirmation statement was submitted on Friday 28th July 2023.

As mentioned in this firm's register, since 2008 there have been four directors to name just a few: Allan M., Allan M. and Mark M..

Executives who have control over this firm are as follows: Allan M. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Mark M. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Stephen M. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand		5	5	898 889
Current Assets	876 916	913 187	942 608	942 608	942 608
Debtors	876 916	913 182	942 603	43 719	942 608	942 608
Total Inventories				2 725 648	457 206

Other Financial Data
Accrued Liabilities Deferred Income				250 460	237 436	166 415
Accumulated Depreciation Impairment Property Plant Equipment				2 510 426	2 694 090	2 889 625
Additions Other Than Through Business Combinations Property Plant Equipment					1 945	511 165
Administrative Expenses				2 510 090	2 969 809	2 636 041
Amounts Owed To Group Undertakings	191 921	228 187	257 608	257 608	257 608	257 608
Average Number Employees During Period			118
Bank Borrowings				3 750 920	2 125 225	561 792
Bank Borrowings Overdrafts				1 646 127	261 610	561 973
Bank Overdrafts						181
Capital Reduction Decrease In Equity				1
Cash Cash Equivalents			-308 453	1 334 599	1 912 274	673 931
Comprehensive Income Expense				1 408 331	1 204 542	2 015 357
Corporation Tax Payable				94 124	80 782	400 078
Corporation Tax Recoverable						62 107
Cost Sales				3 942 684	6 702 777	4 974 546
Creditors	191 921	228 192	257 613	257 613	257 613	257 613
Current Tax For Period				179 693	111 382	421 268
Deferred Income				285 141	273 036	261 459
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period				-16 073	-17 420	60 197
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				-16 073	-17 420	60 197
Dividends Paid Classified As Financing Activities	-116 000	-125 000	-125 000	-125 000	-125 000	-125 000
Dividends Paid To Owners Parent Classified As Financing Activities					-647 000	-647 000
Equity Securities Held	1 000	1 000	1 000	1 000	1 000	1 000
Gain Loss On Disposals Property Plant Equipment				-816
Government Grant Income				17 832	14 475
Gross Profit Loss				3 810 030	3 969 248
Income Taxes Paid Refund Classified As Operating Activities				-252 041	-124 724	-164 079
Increase From Depreciation Charge For Year Property Plant Equipment					183 664	195 535
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				78 527	59 890
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				9 024
Interest Paid Classified As Operating Activities				-89 151	-59 890	-51 276
Interest Payable Similar Charges Finance Costs				89 151	59 890	51 276
Interest Received Classified As Investing Activities				-3 030	-6 136	-10 422
Investment Property				57 300	57 300	57 300
Investments Fixed Assets	1 000	1 000	1 000	1 000	1 000	1 000
Net Cash Generated From Operations				-2 466 033	-3 164 332	-1 902 483
Net Current Assets Liabilities	684 995	684 995	684 995	684 995
Net Finance Income Costs				3 030	6 136	10 422
Operating Profit Loss				1 658 072	1 352 258
Other Creditors		5	5	5	644 062	31 221
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						16 501
Other Disposals Property Plant Equipment						42 160
Other Interest Receivable Similar Income Finance Income				3 030	6 136	10 422
Pension Other Post-employment Benefit Costs Other Pension Costs				41 267	43 087	43 173
Percentage Class Share Held In Subsidiary			100	100	100
Prepayments Accrued Income				20 410	20 371	8 031
Profit Loss	-184 005	125 000	125 000	125 000	125 000	125 000
Profit Loss On Ordinary Activities Before Tax				1 571 951	1 298 504
Property Plant Equipment Gross Cost				3 766 146	3 768 090	4 279 255
Raw Materials Consumables				47 235	47 235
Social Security Costs				202 000	215 595
Staff Costs Employee Benefits Expense				2 806 179	2 866 240	2 970 472
Taxation Including Deferred Taxation Balance Sheet Subtotal				180 015	162 595	222 792
Tax Decrease Increase From Effect Revenue Exempt From Taxation				2 783	1 817	1 538
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit				-152 649	-178 937
Tax Increase Decrease From Effect Capital Allowances Depreciation				36 388	45 420	-51 590
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				66
Tax Tax Credit On Profit Or Loss On Ordinary Activities				163 620	93 962	481 465
Total Assets Less Current Liabilities		685 995	685 995	685 995
Total Borrowings				1 646 127	261 610	561 973
Trade Creditors Trade Payables				663 048	721 550	598 599
Trade Debtors Trade Receivables				2 039 330	2 284 722	2 958 339
Turnover Revenue				7 752 714	10 672 025
Wages Salaries				2 562 912	2 607 558	2 694 756