Banelec Limited in Brierley Hill, DY5 1UB

Description

Data updated on: 01-11-2023

Banelec began its business in 2005 as a Private Limited Company under the ID 05635655. This particular business has been operating for 19 years and the present status is active. The company's head office is located in Brierley Hill at 3 Old Bush Street. Anyone can also find this business utilizing the postal code of DY5 1UB. Started as Banalec, this company used the business name up till 2005, the year it was changed to Banelec Limited. This company's principal business activity number is 43210, that means Electrical installation. Thursday 31st March 2022 is the last time account status updates were reported.

With regards to this particular firm, the full range of director's tasks have so far been met by Dean B. who was selected to lead the company nineteen years ago. In addition, the managing director's tasks are supported by a secretary - Christopher G., who was chosen by the firm in November 2005.

Dean B. is the individual who has control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Previous company's names
Banelec Limited 2005-12-20
Banalec Limited 2005-11-24

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-03-31	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
Net Worth	345 227	398 808

Balance Sheet
Cash Bank On Hand		206 039	162 658	272 750	256 230	242 783	239 797	455 117	154 218
Current Assets	521 296	767 470	896 934	940 117	748 326	799 078	718 079	1 051 023	634 685
Debtors	351 493	367 635	299 809	449 867	316 645	322 295	359 750	416 749	192 652
Net Assets Liabilities		398 808	537 319	706 747	745 894	748 296	654 818	656 210	550 879
Other Debtors		11 602	2 300	149			66 755
Property Plant Equipment		55 071	87 698	93 075	136 733	149 586	124 147	181 436	161 497
Total Inventories		193 794	434 467	217 500	175 451	234 000	118 532	179 157	287 815
Cash Bank In Hand	61 593	206 040
Stocks Inventory	108 210	193 795
Tangible Fixed Assets	58 440	55 071

Capital & Reserves
Called Up Share Capital	2	2
Profit Loss Account Reserve	345 225	398 806
Shareholder Funds	345 227	398 808

Other Financial Data
Accrued Liabilities			38 110	57 295	15 220	6 425	3 725	6 611	8 419
Accumulated Depreciation Impairment Property Plant Equipment		60 432	77 483	95 245	130 355	166 697	158 647	202 585	240 023
Additions Other Than Through Business Combinations Property Plant Equipment			49 678	23 139	78 768	49 195		101 227	17 500
Amounts Owed By Related Parties							52 331	8 880	6 784
Amounts Owed To Related Parties		181	41 551
Amount Specific Bank Loan							50 000	42 108	32 362
Average Number Employees During Period		12	14	16	17	17	15	17	17
Bank Borrowings							41 221	32 362	22 407
Comprehensive Income Expense		113 581	188 511
Creditors		423 732	431 063	310 445	113 415	176 126	41 221	92 681	67 457
Disposals Decrease In Depreciation Impairment Property Plant Equipment							-30 489
Disposals Property Plant Equipment							-33 489
Dividend Per Share Interim			25 000	25 000
Dividends Paid		-60 000	-50 000
Finance Lease Liabilities Present Value Total								60 319	45 050
Financial Commitments Other Than Capital Commitments							24 000	12 000	12 000
Future Minimum Lease Payments Under Non-cancellable Operating Leases					36 000	13 600	24 000
Increase From Depreciation Charge For Year Property Plant Equipment			17 051	17 762	35 110	36 342	22 439	43 938	37 438
Minimum Operating Lease Payments Recognised As Expense					36 000	27 600
Net Current Assets Liabilities	286 787	343 737	465 871	629 672	634 911	622 952	591 519	601 928	456 839
Number Shares Issued Fully Paid			2	2	2	2	2	2	2
Other Creditors		152 990	50 330	13 975	7 654	28 911	4 218	15 852	16 803
Other Inventories		9 500
Par Value Share		1		1	1	1	1	1	1
Prepayments			22 311	29 419	26 923	29 984	25 833	15 193	16 824
Profit Loss		113 581	188 511
Property Plant Equipment Gross Cost		115 503	165 181	188 320	267 088	316 283	282 794	384 020	401 520
Provisions For Liabilities Balance Sheet Subtotal			16 250	16 000	25 750	24 242	19 627	34 473
Taxation Social Security Payable		28 609	18 195	96 162	32 415	40 476	83 041	50 018	27 396
Total Assets Less Current Liabilities	345 227	398 808	553 569	722 747	771 644	772 538	715 666	783 364	618 336
Total Borrowings							41 221	92 681	67 457
Trade Creditors Trade Payables		241 952	279 229	143 013	58 126	100 314	26 796	353 143	100 004
Trade Debtors Trade Receivables		356 034	275 198	420 299	289 722	292 311	267 162	392 676	169 044
Work In Progress		184 294	434 467	217 500	175 451	234 000	118 532	179 157	287 815
Amount Specific Advance Or Credit Directors							52 331	8 800	6 784
Amount Specific Advance Or Credit Made In Period Directors							70 331	8 800	6 784
Amount Specific Advance Or Credit Repaid In Period Directors							-18 000	-52 331	-8 800
Creditors Due Within One Year	234 509	423 733
Number Shares Allotted		2
Share Capital Allotted Called Up Paid	2	2
Tangible Fixed Assets Additions		14 836
Tangible Fixed Assets Cost Or Valuation	100 667	115 503
Tangible Fixed Assets Depreciation	42 227	60 432
Tangible Fixed Assets Depreciation Charged In Period		18 205

Company staff

Christopher G.

Role: Secretary

Appointed: 25 November 2005

Latest update: 4 April 2024

Dean B.

Role: Director

Appointed: 25 November 2005

Latest update: 4 April 2024

People with significant control

Dean B.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	08 December 2023
Confirmation statement last made up date	24 November 2022

Annual Accounts 19 September 2016
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Date Approval Accounts	19 September 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016

Banelec Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Christopher G.

Dean B.

Hcs Secretarial Limited

Hanover Directors Limited

People with significant control

Dean B.

Accounts Documents

Company filings

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