Atlas Textiles Ltd. in Leicester, LE4 9LG

Description

Data updated on: 01-11-2023

Atlas Textiles Ltd. with reg. no. 03340642 has been a part of the business world for 27 years. This particular Private Limited Company can be reached at 141 Barkby Road, , Leicester and its post code is LE4 9LG. This enterprise's principal business activity number is 46410 and their NACE code stands for Wholesale of textiles. The business most recent financial reports were submitted for the period up to Thursday 31st March 2022 and the most recent annual confirmation statement was filed on Sunday 26th March 2023.

As for the firm, the full extent of director's duties have so far been fulfilled by Shajid L. who was appointed 27 years ago. This firm had been controlled by Abdul L. till 2012-10-30. What is more, the director's tasks are often backed by a secretary - Nazrana L., who was officially appointed by the following firm on 2011-06-01.

Shajid L. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	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

Balance Sheet
Cash Bank On Hand	46 404	413 348	365 706	1 743 151	275 640	62 365	156 405	696 710
Current Assets	21 550 808	22 854 809	24 413 176	25 727 095	27 139 174	29 251 695	34 128 357	34 237 160
Debtors	20 298 279	20 887 076	21 992 990	22 498 204	24 947 011	27 175 633	33 192 093	33 039 000
Net Assets Liabilities	16 380 697	17 432 610	18 688 090	21 289 791	24 668 880	27 020 804	28 238 332	29 074 612
Other Debtors	15 170 888	14 983 662	16 523 540	14 381 939	15 073 400	22 046 446	31 028 223	30 811 432
Property Plant Equipment	5 269	19 423	34 116	50 301	200 330	194 844	192 993
Total Inventories	1 206 125	1 554 385	2 054 480	1 485 740	1 916 523	2 013 697	779 859	501 450

Other Financial Data
Audit Fees Expenses					7 500	7 500	7 000
Director Remuneration				45 032	45 032	45 032	45 032
Number Directors Accruing Benefits Under Money Purchase Scheme				1	1	1	1
Accumulated Amortisation Impairment Intangible Assets	20 000	20 000	20 000	20 000	20 000	20 000	20 000
Accumulated Depreciation Impairment Property Plant Equipment	243 259	178 076	181 913	170 228	204 548	244 096	290 280	163 148
Average Number Employees During Period	8	9	9	8	9	9	8	7
Bank Borrowings	4 293 725	4 512 595	3 824 750	1 938 410	778 217	279 893	300 457
Bank Borrowings Overdrafts	3 598 347	3 683 479	2 999 091	1 210 161	728 758	698 635	4 107 085	3 853 820
Creditors	3 598 347	3 683 479	2 999 091	1 210 161	728 758	698 635	4 107 085	2 666 053
Disposals Decrease In Depreciation Impairment Property Plant Equipment		67 262		19 000	4 008
Disposals Property Plant Equipment		67 262		19 000	23 500
Fixed Assets	391 799	405 953	420 646	436 831	1 100 330	1 394 844	1 392 993	1 652 647
Increase From Depreciation Charge For Year Property Plant Equipment		2 079	3 837	7 315	38 328	39 548	46 184	43 046
Intangible Assets Gross Cost	20 000	20 000	20 000	20 000	20 000	20 000	20 000
Investment Property	386 530	386 530	386 530	386 530	900 000	1 200 000	1 200 000	1 500 000
Investment Property Fair Value Model	386 530	386 530	386 530	386 530	900 000	1 200 000	1 200 000	1 500 000
Net Current Assets Liabilities	19 588 818	20 788 453	21 269 830	22 072 179	24 417 184	26 555 467	31 182 833	31 571 107
Other Creditors	52 020	106 813	664 289	743 573	783 310	676 597	630 149	1 184 584
Other Taxation Social Security Payable	225 310	253 454	296 051	118 323	512 467	447 188	4 372	322 656
Property Plant Equipment Gross Cost	248 528	197 499	216 029	220 529	404 878	438 940	483 273	22 326
Provisions For Liabilities Balance Sheet Subtotal	1 573	1 558	3 295	9 058	119 876	230 872	230 409	295 322
Total Additions Including From Business Combinations Property Plant Equipment		16 233	18 530	23 500	207 849	34 062	44 333	2 700
Total Assets Less Current Liabilities	19 980 617	21 194 406	21 690 476	22 509 010	25 517 514	27 950 311	32 575 826	33 223 754
Trade Creditors Trade Payables	989 282	953 733	1 357 347	1 176 732	898 226	793 723	1 360 038	876 684
Trade Debtors Trade Receivables	5 127 391	5 903 414	5 469 450	8 022 288	9 831 522	5 087 148	2 154 752	2 227 568
Accrued Liabilities				329 805	91 060	214 677	367 962
Additional Provisions Increase From New Provisions Recognised					110 818	110 996	-463
Additions Other Than Through Business Combinations Investment Property Fair Value Model						26 646
Administrative Expenses				715 590	1 079 465	719 393	982 547
Applicable Tax Rate				19	19	19	19
Cash Cash Equivalents Cash Flow Value				1 743 151	275 640	62 365
Comprehensive Income Expense				2 601 701	3 379 089	2 351 924	1 217 528
Corporation Tax Payable				558 234	387 468	284 150	282 546
Cost Sales				10 913 176	12 567 396	9 167 931	5 432 310
Current Tax For Period				738 210	637 468	509 150	285 809
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws						3 472	-230
Deferred Tax Liabilities				9 058	38 063	54 885	54 422
Depreciation Amortisation Expense				7 316	38 328	39 548	46 184
Depreciation Expense Property Plant Equipment				7 315	38 328	39 548	46 184
Further Item Interest Expense Component Total Interest Expense				24
Further Operating Expense Item Component Total Operating Expenses					-1 549	-26 255	-17 464
Future Minimum Lease Payments Under Non-cancellable Operating Leases				3 839
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				333 409	-83 370	-152 878	230 336
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-505 214	-2 448 807	-2 228 622	2 994 158
Gain Loss On Disposal Assets Income Statement Subtotal				6 000	1 542
Gain Loss On Disposals Property Plant Equipment				6 000	1 542
Gross Profit Loss				4 034 865	4 527 558	3 338 899	2 406 740
Income Taxes Paid Refund Classified As Operating Activities				-472 665	-701 686	-612 468	-287 413
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				1 377 445	-1 467 511	-213 275	94 040
Increase Decrease In Current Tax From Adjustment For Prior Periods				107 962	-24 735
Increase Decrease In Stocks Inventories Finished Goods Work In Progress				-568 741	430 783	97 174	-1 233 838
Interest Expense On Bank Loans Similar Borrowings				80 294	31 055	16 742	61 775
Interest Paid Classified As Operating Activities				-80 318	-31 055	-16 742	-61 775
Interest Payable Similar Charges Finance Costs				80 318	31 055	16 742	61 775
Merchandise				1 485 740	1 916 523	2 013 697	779 859
Net Cash Flows From Used In Financing Activities				1 876 316	1 160 192	-200 311	-3 429 014
Net Cash Flows From Used In Investing Activities				10 382	179 874	58 684	9 053 168
Net Cash Flows From Used In Operating Activities				-3 264 143	127 445	354 902	-5 718 194
Net Cash Generated From Operations				-3 817 126	-605 296	-274 308	-6 067 382
Net Interest Received Paid Classified As Investing Activities				-7 118	-6 941	-2 024	-1 783
Number Shares Issued Fully Paid					100 000	100 000	100 000
Operating Profit Loss				3 418 874	4 044 940	2 986 788	1 562 866
Other Deferred Tax Expense Credit				5 763	110 817	110 996	-463
Other Interest Receivable Similar Income Finance Income				7 118	6 941	2 024	1 783
Other Operating Income Format1				99 599	83 377	93 928	138 673
Par Value Share					1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs				68 173	80 000
Prepayments				93 977	42 089	42 039	3 066
Proceeds From Borrowings Classified As Financing Activities					-794 000	-250 000	-3 850 000
Proceeds From Sales Property Plant Equipment				-6 000	-21 034
Profit Loss				2 601 701	3 379 089	2 351 924	1 217 528
Profit Loss On Ordinary Activities Before Tax				3 345 674	4 020 826	2 972 070	1 502 874
Provisions				9 058	119 876	230 872	230 409
Purchase Investment Properties						-26 646
Purchase Other Long-term Assets Classified As Investing Activities							9 010 618
Purchase Property Plant Equipment				-23 500	-207 849	-34 062	-44 333
Recoverable Value-added Tax							6 052
Repayments Borrowings Classified As Financing Activities				-1 886 316	-1 954 192	-49 689	-420 986
Social Security Costs				12 982	14 684	15 035	18 659
Staff Costs Employee Benefits Expense				262 886	294 652	228 714	249 311
Tax Decrease Increase From Effect Revenue Exempt From Taxation					97 559	-51 937
Tax Expense Credit Applicable Tax Rate				635 678	763 957	564 693	285 546
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				333	74	44	30
Tax Tax Credit On Profit Or Loss On Ordinary Activities				743 973	641 737	620 146	285 346
Total Current Tax Expense Credit				738 210	530 920	509 150
Turnover Revenue				14 948 041	17 094 954	12 506 830	7 839 050
Wages Salaries				181 731	199 968	213 679	230 652