Bailey Trailers Limited in Sleaford, NG34 8GL

Description

Data updated on: 01-11-2023

Bailey Trailers came into being in 1986 as a company enlisted under no 01978152, located at NG34 8GL Sleaford at Pride Park Way. This firm has been in business for 38 years and its status at the time is active. The company's name change from Bailey Structural to Bailey Trailers Limited took place on 1997-06-23. This firm's principal business activity number is 28302 which stands for Manufacture of agricultural and forestry machinery other than tractors. November 30, 2022 is the last time when company accounts were filed.

Bailey Trailers Ltd is a small-sized vehicle operator with the licence number OF0230873. The firm has one transport operating centre in the country. In their subsidiary in Sleaford on Pride Parkway, 2 machines and 2 trailers are available.

Taking into consideration this specific company's growth, it became unavoidable to appoint other executives, including: Michael B., Richard B., Barnham B. who have been aiding each other since 1996-11-01 to exercise independent judgement of this specific limited company. What is more, the director's assignments are assisted with by a secretary - Michelle C., who was chosen by the limited company 24 years ago.

Previous company's names
Bailey Trailers Limited 1997-06-23
Bailey Structural Limited 1986-01-16

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-11-30	2019-11-30	2020-11-30	2021-11-30	2022-11-30
Currency

Balance Sheet
Cash Bank On Hand	363 879	235 021	773 463	207 245	23
Current Assets	6 003 167	5 892 887	6 455 951	7 728 484	6 987 868
Debtors	4 438 054	4 182 049	4 287 899	5 341 733	4 945 495
Net Assets Liabilities	4 017 046	4 224 813	5 060 305	5 478 313	5 780 225
Other Debtors	1 327 908	836 121	1 015 135	777 350	577 350
Property Plant Equipment	1 122 307	2 296 180	2 416 170	3 513 433	3 604 979
Total Inventories	1 201 234	1 475 817	1 394 589	2 179 506	2 042 350

Other Financial Data
Audit Fees Expenses	6 000	6 000	6 000	6 000	6 000
Audit-related Assurance Services Entity Subsidiaries Fees	7 333	5 195	3 800	9 038
Other Non-audit Services Entity Subsidiaries Fees				9 038	7 313
Accrued Liabilities Deferred Income	255 837	177 540	187 673	204 333	219 943
Accumulated Depreciation Impairment Property Plant Equipment	2 036 589	1 716 222	2 049 468	1 815 201	2 346 589
Additional Provisions Increase From New Provisions Recognised		115 989	119 790	287 198	43 989
Additions Other Than Through Business Combinations Property Plant Equipment		1 765 786	788 186	1 911 315	900 634
Administration Support Average Number Employees	6	6	4	4	4
Administrative Expenses	2 065 712	1 945 468	2 438 048	2 116 852	2 466 802
Amounts Owed By Directors			66 782	11 018
Amounts Owed To Directors	25 729	207 102			8 019
Applicable Tax Rate	19	19	19	19	19
Average Number Employees During Period	94	96	98	106	109
Bank Borrowings Overdrafts					66 883
Bank Overdrafts					66 883
Cash Cash Equivalents				207 245	-66 860
Cash Cash Equivalents Cash Flow Value	363 879	235 021	773 463	207 245	-66 860
Commitments For Acquisition Property Plant Equipment		183 761	1 227 000
Comprehensive Income Expense	589 947	657 767	835 492	418 008	301 912
Cost Sales	14 536 548	15 983 810	17 080 218	19 409 048	22 806 891
Creditors	2 339 865	3 311 010	3 395 259	4 902 318	3 924 014
Current Tax For Period	138 988	-21 500
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-4 037	115 989	119 790	287 198	43 989
Deferred Tax Liabilities	102 198	218 187	337 977	625 175	669 164
Depreciation Expense Property Plant Equipment	452 518	477 028	523 185	528 174	594 439
Disposals Decrease In Depreciation Impairment Property Plant Equipment		797 395	189 939	762 441	63 051
Disposals Property Plant Equipment		912 280	334 950	1 048 319	277 700
Distribution Average Number Employees	5	5	5	5	5
Distribution Costs	156 199	239 206	174 739	195 201	197 186
Dividends Paid	390 000	450 000
Dividends Paid Classified As Financing Activities	390 000	450 000
Dividends Paid On Shares	390 000	450 000
Finance Lease Liabilities Present Value Total	33 640	786 934	430 457	481 357	536 111
Finance Lease Payments Owing Minimum Gross	37 208	818 812	453 182	506 624	565 091
Finished Goods				24 000	174 750
Further Operating Expense Item Component Total Operating Expenses				551 183	576 266
Future Finance Charges On Finance Leases	3 568	31 878	22 725	25 267	28 980
Gain Loss In Cash Flows From Change In Accrued Items	159 569	-78 297	10 133	16 660	15 610
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	14 972	549 832	281 218	1 597 030	-1 132 218
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	43 360	256 005	-105 850	-1 053 834	396 238
Gain Loss In Cash Flows From Change In Inventories	-251 907	-274 583	81 228	-784 917	137 156
Gain Loss In Cash Flows From Change In Provisions		-666 365
Gain Loss On Disposals Property Plant Equipment	110 183	221 465	22 116	233 167	18 236
Government Grant Income			6 777
Gross Profit Loss	2 858 728	2 877 079	3 476 374	3 035 170	3 156 700
Income Taxes Paid Refund Classified As Operating Activities	102 816	-91 741	-99 604		76 835
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	135 761	-128 858	538 442	-566 218	-274 105
Increase Decrease In Current Tax From Adjustment For Prior Periods	-102 876	-70 241	-99 604		76 835
Increase Decrease In Existing Provisions		-666 365
Increase Decrease In Net Debt From Cash Flows			-1 102 021	617 118	336 878
Increase From Depreciation Charge For Year Property Plant Equipment		477 028	523 185	528 174	594 439
Interest Expense On Debentures Other Similar Loans				116 149
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	14 795	10 390	14 686	17 911	10 703
Interest Income On Cash Cash Equivalents					1 809
Interest Paid Classified As Operating Activities	14 795	10 390	14 686	17 911	71 785
Interest Payable Similar Charges Finance Costs	14 795	10 390	14 686	17 911	71 785
Interest Received Classified As Operating Activities					1 809
Investments		-125 000	-125 000	-125 000	-125 000
Net Cash Flows From Used In Financing Activities	-578 328	-419 765	-556 802	-449 100	54 754
Net Cash Flows From Used In Investing Activities	-113 446	-525 004	-621 059	-892 270	-667 749
Net Cash Flows From Used In Operating Activities	827 535	815 911	1 716 303	775 152	338 890
Net Cash Generated From Operations	945 146	734 560	1 631 385	793 063	485 701
Net Current Assets Liabilities	3 663 302	2 581 877	3 060 692	2 826 166	3 063 854
Net Debt Funds		759 015	-343 006	274 112	610 990
Net Deferred Tax Liability Asset	102 198	218 187	337 977	625 175	669 164
Number Shares Issued Fully Paid	2 400	2 400	2 400	2 400	2 400
Operating Profit Loss	636 817	692 405	870 364	839 266	492 712
Other Creditors	5 625	6 817	295 855	129 757	119 153
Other Finance Costs					61 082
Other Interest Receivable Similar Income Finance Income					1 809
Other Investments Other Than Loans		-125 000	-125 000	-125 000	-125 000
Other Operating Income Format1			6 777
Other Provisions Balance Sheet Subtotal	666 365
Other Taxation Social Security Payable	247 568	194 492	173 522	270 394	705 620
Par Value Share		1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	207 185	151 138	356 477	466 784	245 246
Pension Costs Defined Contribution Plan	26 589	52 531	59 905	66 303	74 792
Pension Other Post-employment Benefit Costs Other Pension Costs	35 020	57 787	65 161	71 559	80 048
Prepayments Accrued Income	212 861	102 522	106 465	482 225	96 910
Proceeds From Borrowings Classified As Financing Activities	18 857	181 373	-207 102	17 684	300 000
Proceeds From Government Grants Classified As Financing Activities			6 777
Proceeds From Sales Property Plant Equipment	474 655	336 350	167 127	519 045	232 885
Production Average Number Employees	79	81	85	93	96
Production Manufacturing Expense			552 415	551 183
Profit Loss	589 947	657 767	835 492	418 008	301 912
Profit Loss On Ordinary Activities Before Tax	622 022	682 015	855 678	705 206	422 736
Property Plant Equipment Gross Cost	3 158 896	4 012 402	4 465 638	5 328 634	5 951 568
Provisions	768 563	218 187	337 977	625 175	669 164
Purchase Property Plant Equipment	588 101	861 354	788 186	1 411 315	900 634
Raw Materials	1 119 340	1 468 403	1 394 589	2 179 506	1 867 600
Revenue From Sale Goods	17 395 276	18 860 889	20 556 592	22 444 218	25 963 591
Social Security Costs	373 963	385 831	436 473	435 228	500 052
Staff Costs Employee Benefits Expense	3 871 326	3 986 567	4 561 699	4 512 055	4 921 580
Taxation Including Deferred Taxation Balance Sheet Subtotal	102 198	218 187	337 977	625 175	669 164
Tax Decrease Increase From Effect Revenue Exempt From Taxation		21 500	31 708
Tax Expense Credit Applicable Tax Rate	118 184	129 583	178 100	156 058	80 320
Tax Increase Decrease From Effect Capital Allowances Depreciation	5 885	-25 629	-31 217	287 198	43 989
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	10 882	12 035	4 615	3 337	5 243
Tax Tax Credit On Profit Or Loss On Ordinary Activities	32 075	24 248	20 186	287 198	120 824
Total Assets Less Current Liabilities	4 785 609	4 878 057	5 476 862	6 339 599	6 668 833
Total Current Tax Expense Credit	36 112	-91 741	-99 604
Trade Creditors Trade Payables	1 771 466	2 373 182	2 386 332	4 052 588	2 487 729
Trade Debtors Trade Receivables	2 897 285	3 243 406	3 099 517	4 071 140	4 271 235
Turnover Revenue	17 395 276	18 860 889	20 556 592	22 444 218	25 963 591
Wages Salaries	3 462 343	3 542 949	4 060 065	4 005 268	4 341 480
Work In Progress	81 894	7 414
Company Contributions To Money Purchase Plans Directors	8 431	5 256	5 256	5 256	5 256
Director Remuneration	502 089	425 983	561 335	498 373	414 104
Director Remuneration Benefits Excluding Payments To Third Parties	510 520	431 239	566 591	503 629	419 360
Number Directors Accruing Benefits Under Money Purchase Scheme	2	2	2	2	2

Company staff

Michelle C.

Role: Secretary

Appointed: 22 September 2000

Latest update: 22 March 2024

Michael B.

Role: Director

Appointed: 01 November 1996

Latest update: 22 March 2024

Richard B.

Role: Director

Appointed: 01 January 1996

Latest update: 22 March 2024

Barnham B.

Role: Director

Appointed: 31 December 1991

Latest update: 22 March 2024

David H.

Role: Director

Appointed: 31 December 1991

Latest update: 22 March 2024

People with significant control

Barnham B. is the individual who has control over this firm, has substantial control or influence over the company.

Barnham B.

Notified on 6 April 2016

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	31 August 2024
Account last made up date	30 November 2022
Confirmation statement next due date	14 January 2024
Confirmation statement last made up date	31 December 2022

Annual Accounts
Start Date For Period Covered By Report	2018-12-01
End Date For Period Covered By Report	30 November 2019
Annual Accounts
Start Date For Period Covered By Report	2019-12-01
End Date For Period Covered By Report	30 November 2020
Annual Accounts
Start Date For Period Covered By Report	2020-12-01
End Date For Period Covered By Report	30 November 2021
Annual Accounts
Start Date For Period Covered By Report	2021-12-01
End Date For Period Covered By Report	30 November 2022

Bailey Trailers Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Michelle C.

Michael B.

Richard B.

Barnham B.

David H.

Michael B.

Linda B.

People with significant control

Barnham B.

Accounts Documents

Company Vehicle Operator Data

Bailey Trailers

Address

City

Postal code

No. of Vehicles

No. of Trailers

Company filings

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