Angle Ring Holdings Limited in Tipton, DY4 9EH

Description

Data updated on: 01-11-2023

Angle Ring Holdings began its operations in the year 1973 as a Private Limited Company registered with number: 01118404. This particular company has been active for 51 years and the present status is active. This firm's registered office is based in Tipton at C/o The Angle Ring Company Ltd. You can also locate the company by its post code of DY4 9EH. The company debuted under the business name Ringleaders (section Benders) (the), however for the last eighteen years has been on the market under the business name Angle Ring Holdings Limited. The enterprise's SIC code is 64202 which stands for Activities of production holding companies. The latest financial reports cover the period up to 31st March 2022 and the latest annual confirmation statement was released on 9th December 2022.

For this business, many of director's assignments have so far been fulfilled by Daniel B. and Brian B.. As for these two individuals, Brian B. has managed business for the longest period of time, having become a part of officers' team 33 years ago. To find professional help with legal documentation, this specific business has been utilizing the skills of Matthew B. as a secretary for the last fourteen years.

Previous company's names
Angle Ring Holdings Limited 2006-05-17
Ringleaders (section Benders) Limited(the) 1973-06-14

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	661 865	913 049	979 827	970 057	565 706	306 235
Current Assets	890 186	1 038 950	1 092 280	1 169 644	626 709	382 410
Debtors	228 321	125 901	112 453	199 587	61 003	76 175
Net Assets Liabilities	9 385 613	9 385 728	9 454 464	9 243 107	10 831 022	10 530 016
Other Debtors	750	750	750	750	750	11 314
Property Plant Equipment	8 693 592	8 575 628	8 143 579	8 000 361	9 929 604	9 920 150

Other Financial Data
Audit Fees Expenses			6 859	3 500	3 500	3 500
Accrued Liabilities Deferred Income	1 849	3 910	13 201	12 003	14 279	15 375
Accumulated Amortisation Impairment Intangible Assets	28 000	32 000	40 000
Accumulated Depreciation Impairment Property Plant Equipment	368 489	480 758	617 488	742 625	712 469	828 276
Additions Other Than Through Business Combinations Property Plant Equipment		6 000	151 602	7 167	237 542	135 871
Administrative Expenses			372 825	269 364	179 518	143 840
Amortisation Expense Intangible Assets			8 000
Amortisation Impairment Expense Intangible Assets			8 000
Amounts Owed By Group Undertakings			108 000	197 077	58 623	60 000
Amounts Owed By Group Undertakings Participating Interests	224 590	119 748
Amounts Owed To Group Undertakings				278 000
Average Number Employees During Period		3	3	3	2	2
Cash Cash Equivalents	661 865	913 049	979 827
Cash Cash Equivalents Cash Flow Value		913 049	979 827	970 057	565 706	306 235
Comprehensive Income Expense	648 650		68 736	110 113	1 887 915	98 994
Creditors	109 691	104 207	98 996	94 047	89 344	84 877
Deferred Income	109 691	104 207	98 996	94 047	89 344	84 877
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit				7 505
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			14 578	51 643	109 060	32 402
Depreciation Expense Property Plant Equipment			161 084	147 635	150 439
Depreciation Impairment Expense Property Plant Equipment			161 084	147 635	150 439	145 029
Dividends Paid				321 470	300 000	400 000
Dividends Paid Classified As Financing Activities				-321 470	-300 000	-400 000
Dividends Paid On Shares Final				321 470	300 000	400 000
Fixed Assets	8 837 477	8 715 513	8 723 464	8 752 246	10 711 489	10 702 035
Further Item Tax Increase Decrease Component Adjusting Items			5 438	9 844	5 426	7 776
Gain Loss From Sales Investment Properties Recognised In Profit Or Loss			28 000	172 000	30 000
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			16 822	-270 809	275 964	-19 318
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			-13 448	87 134	-138 585	15 172
Gain Loss On Disposals Property Plant Equipment			1 233	-667	-14 972
Gain Loss On Reclassification Cash Flow Hedges To Profit Or Loss From Equity Before Tax					1 887 685
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income	1 175 876				1 887 685
Government Grant Income			15 210	4 950	4 702
Increase Decrease Due To Transfers Into Or Out Property Plant Equipment			-420 000
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model				172 000	30 000
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				9 770	404 351	259 471
Increase From Amortisation Charge For Year Intangible Assets		4 000	8 000
Increase From Depreciation Charge For Year Property Plant Equipment		121 189	161 084	147 635	150 439	145 029
Intangible Assets	12 000	8 000
Intangible Assets Gross Cost	40 000	40 000	40 000
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				343
Interest Income On Bank Deposits			5 339		67	19 219
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss			5 339		67	19 219
Interest Paid Classified As Operating Activities				-343
Interest Payable Similar Charges Finance Costs				343
Interest Received Classified As Investing Activities		-3 501	-5 339		-67	-19 219
Investment Property	120 000	120 000	568 000	740 000	770 000	770 000
Investment Property Fair Value Model			568 000	740 000	770 000
Investments Fixed Assets	11 885	11 885	11 885	11 885	11 885	11 885
Investments In Subsidiaries	11 885	11 885	11 885	11 885	11 885	11 885
Net Cash Flows From Used In Operating Activities			-209 241	-316 784
Net Cash Generated From Operations			-209 241	-317 127	-102 552	-249 181
Net Current Assets Liabilities	869 608	987 537	1 057 689	864 244	597 273	333 656
Net Finance Income Costs		3 501	5 339		67	19 219
Net Interest Paid Received Classified As Operating Activities				-343
Operating Profit Loss			49 975	-9 901	79 223
Other Creditors	750	750	750	750	750	750
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		8 920	24 354	22 498	109 877	29 222
Other Disposals Property Plant Equipment		11 695	26 921	25 248	155 421	29 518
Other Interest Receivable Similar Income Finance Income			5 339		67	19 219
Other Operating Income Format1			22 607	12 347	11 625	4 467
Other Taxation Social Security Payable			20 640	14 647	13 092
Percentage Class Share Held In Subsidiary		100	100
Prepayments Accrued Income	2 981	5 403	3 703	1 760	1 630	4 861
Proceeds From Sales Property Plant Equipment		-6 379	-3 800	-2 083	-30 572	-8 000
Profit Loss	-527 226	115	68 736	110 113	230	98 994
Profit Loss On Ordinary Activities Before Tax			83 314	161 756	109 290	131 396
Property Plant Equipment Gross Cost	9 062 081	9 056 386	8 761 067	8 742 986	10 642 073	10 748 426
Provisions For Liabilities Balance Sheet Subtotal	211 781	213 115	227 693
Purchase Property Plant Equipment		-6 000	-151 602	-7 167	-237 542	-135 871
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment					-70 718
Social Security Costs	48 780	28 403	19 349	9 050
Staff Costs Employee Benefits Expense	426 744	256 533	167 328	82 224
Taxation Including Deferred Taxation Balance Sheet Subtotal	211 781	213 115	227 693	279 336	388 396	420 798
Taxation Social Security Payable	17 979	46 753
Tax Decrease Increase From Effect Revenue Exempt From Taxation			8 210	940	893	-849
Tax Expense Credit Applicable Tax Rate			15 830	30 734	20 765	24 965
Tax Increase Decrease From Effect Capital Allowances Depreciation					-15 153	-6 607
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			1 520	4 500	5 700
Tax Tax Credit On Profit Or Loss On Ordinary Activities		1 334	14 578	51 643	109 060	32 402
Total Assets Less Current Liabilities	9 707 085	9 703 050	9 781 153	9 616 490	11 308 762	11 035 691
Total Increase Decrease From Revaluations Property Plant Equipment					1 816 966
Trade Creditors Trade Payables					1 315	32 629
Turnover Revenue			400 193	247 116	247 116
Wages Salaries	377 964	228 130	147 979	73 174
Director Remuneration			162 100	73 174	5 775	5 940
Employees Total	3	3