B W Machine Tools Limited in Wigston, LE18 2BJ

Description

Data updated on: 01-11-2023

B W Machine Tools is a company located at LE18 2BJ Wigston at 4 Lyon Close. This business was set up in 2008 and is registered under the registration number 06513095. This business has been on the English market for sixteen years now and company last known state is active. The company's principal business activity number is 82990: Other business support service activities not elsewhere classified. B W Machine Tools Ltd reported its latest accounts for the financial year up to 2023-02-28. The business latest annual confirmation statement was released on 2023-10-07.

As the information gathered suggests, this firm was incorporated in 2008 and has so far been overseen by four directors, and out this collection of individuals two (Anneli C. and Andrew C.) are still in the management. To support the directors in their duties, the firm has been utilizing the expertise of Anneli C. as a secretary for the last thirteen years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-02-28	2013-02-28	2014-02-28	2015-02-28	2016-02-28	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	168 421	138 990	32 719	23 434	20 720

Balance Sheet
Cash Bank On Hand							2 931	3 699
Current Assets	325 178	507 466	237 677	141 322	137 031	92 005	122 368	198 549	284 793	221 821	373 145	356 479
Debtors	229 112	290 355	164 468	70 968	62 779	27 133	53 875	72 205
Net Assets Liabilities					20 720	-12 740	-34 449	-19 952	99 337	47 692	59 979	52 846
Other Debtors					10 461	5 991	11 773	31 809
Property Plant Equipment					8 322	6 933	7 624	6 774
Total Inventories					74 252	64 872	65 562	150 562
Cash Bank In Hand		120 003	724
Intangible Fixed Assets	160 833	150 833	140 833	130 833	120 833
Net Assets Liabilities Including Pension Asset Liability	168 421	138 990	32 719	23 434	20 720
Stocks Inventory	96 066	97 108	72 485	70 354	74 252
Tangible Fixed Assets	14 304	12 120	10 512	9 471	8 322

Capital & Reserves
Called Up Share Capital	3 333	3 333	3 333	3 333	3 333
Profit Loss Account Reserve	164 421	134 990	28 719	19 434	16 720
Shareholder Funds	168 421	138 990	32 719	23 434	20 720

Other Financial Data
Accrued Liabilities						7 000	2 000	2 000
Accrued Liabilities Not Expressed Within Creditors Subtotal								-2 000	-2 000	2 000	2 000	2 000
Accumulated Amortisation Impairment Intangible Assets					79 167	89 167	99 167	109 167
Accumulated Depreciation Impairment Property Plant Equipment					21 303	20 543	22 150	23 350
Additions Other Than Through Business Combinations Property Plant Equipment							2 298	350
Amounts Owed By Related Parties						20 025	15 151	26 778
Amount Specific Bank Loan						56 528	25 614	63 638
Average Number Employees During Period					8	8	8	8	7	7	5	5
Bank Borrowings					101 272	92 893	113 268	96 685
Bank Overdrafts					821	56 528	25 614	63 638
Creditors					143 063	84 253	113 268	96 685	120 141	126 504	162 423	190 485
Dividend Per Share Interim							43	42
Dividends Paid On Shares Interim							127 500	125 000
Fixed Assets	175 137	162 953	151 345	140 304	129 155	117 766	108 457	97 607	87 765	120 408	115 158	109 265
Increase From Amortisation Charge For Year Intangible Assets						10 000	10 000	10 000
Increase From Depreciation Charge For Year Property Plant Equipment						1 399	1 607	1 200
Intangible Assets					120 833	110 833	100 833	90 833
Intangible Assets Gross Cost					200 000	200 000	200 000	200 000
Net Current Assets Liabilities	155 757	267 755	6 123	-13 221	36 037	-45 076	-28 461	-19 697	134 890	96 456	210 722	165 994
Nominal Value Allotted Share Capital						3 333	3 333	3 333
Number Shares Issued Fully Paid						3 000	3 333	3 333
Other Creditors					4 609	2 992	3 395	3 395
Other Inventories						64 872	65 562	150 562
Par Value Share		1	1	1	1	1	1	1
Prepayments						1 139	1 139	1 139
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal								1 139	1 139	1 139
Property Plant Equipment Gross Cost					29 625	27 476	29 774	30 124
Provisions For Liabilities Balance Sheet Subtotal					1 409	1 177	1 177	1 177	1 177	1 177	1 177	1 177
Taxation Social Security Payable						10 119	38 937	59 140
Total Assets Less Current Liabilities	330 894	430 708	157 468	127 083	165 192	72 690	79 996	77 910	222 655	216 864	325 880	275 259
Total Borrowings					102 093	149 421	113 268	96 685
Trade Creditors Trade Payables					20 736	43 650	65 439	101 958
Trade Debtors Trade Receivables					29 845	-22	25 812	12 479
Amount Specific Advance Or Credit Directors				37 907	21 343	20 025	15 150	26 779
Amount Specific Advance Or Credit Made In Period Directors					47 954	176 082	122 625	155 629
Amount Specific Advance Or Credit Repaid In Period Directors					64 518	177 400	-127 500	-125 000
Director Remuneration						31 080	17 383	16 804
Accrued Liabilities Deferred Income					7 700	7 000
Bank Borrowings Overdrafts					9 030	65 168
Capital Redemption Reserve	667	667	667	667	667
Corporation Tax Payable					14 316	8 152
Creditors Due After One Year	160 170	289 758	123 027	102 067	143 063
Creditors Due Within One Year	169 421	239 711	231 554	154 543	100 994
Disposals Decrease In Depreciation Impairment Property Plant Equipment						2 159
Disposals Property Plant Equipment						2 257
Dividends Paid						50 795
Intangible Fixed Assets Aggregate Amortisation Impairment	39 167	49 167	59 167	69 167	79 167
Intangible Fixed Assets Amortisation Charged In Period		10 000	10 000	10 000	10 000
Intangible Fixed Assets Cost Or Valuation	200 000	200 000	200 000	200 000
Number Shares Allotted		3 333	3 000	3 000	3 000
Other Remaining Borrowings					50 000
Other Taxation Social Security Payable					6 567	5 010
Prepayments Accrued Income					1 130	1 139
Profit Loss						17 335
Provisions For Liabilities Charges	2 303	1 960	1 722	1 582	1 409
Secured Debts	55 373	309 189	168 004	167 141	102 093
Share Capital Allotted Called Up Paid	3 333	3 333	3 000	3 000	3 000
Tangible Fixed Assets Additions		408	550	1 067	611
Tangible Fixed Assets Cost Or Valuation	26 989	27 397	27 947	29 014	29 625
Tangible Fixed Assets Depreciation	12 685	15 277	17 435	19 543	21 303
Tangible Fixed Assets Depreciation Charged In Period		2 592	2 158	2 108	1 760
Total Additions Including From Business Combinations Property Plant Equipment						108
Advances Credits Directors	197 880	220 294	119 276	37 907	21 343
Advances Credits Made In Period Directors	264 073	214 504	263 937	171 610
Advances Credits Repaid In Period Directors	66 188	192 090	364 955	252 979

Company staff

Anneli C.

Role: Director

Appointed: 17 November 2011

Latest update: 28 March 2024

Anneli C.

Role: Secretary

Appointed: 17 November 2011

Latest update: 28 March 2024