Bickford Truck Hire Limited in Wolverhampton, WV10 7NZ

Description

Data updated on: 01-11-2023

Bickford Truck Hire began its operations in 1981 as a Private Limited Company registered with number: 01537775. The company has been functioning for 43 years and the present status is active. The firm's head office is situated in Wolverhampton at Paradise Lane, Off New Road. Anyone can also find the firm utilizing its area code, WV10 7NZ. Bickford Truck Hire Limited was listed 14 years ago under the name of F.w. Bickford & Sons. The firm's SIC and NACE codes are 45200 - Maintenance and repair of motor vehicles. Bickford Truck Hire Ltd filed its account information for the financial period up to 2023-03-31. Its latest annual confirmation statement was submitted on 2022-12-04.

Bickford Truck Hire Limited is a medium-sized vehicle operator with the licence number OD1068754. The firm has two transport operating centres in the country. In their subsidiary in Wolverhampton , 6 machines and 3 trailers are available. The centre in Wolverhampton on Coven has 5 machines and 2 trailers.

We have identified 2 councils and public departments cooperating with the company. The biggest counter party of them all is the London Borough of Hounslow, with over 32 transactions from worth at least 500 pounds each, amounting to £51,986 in total. The company also worked with the Birmingham City (15 transactions worth £13,583 in total). Bickford Truck Hire was the service provided to the London Borough of Hounslow Council covering the following areas: Contract Hire/operating Leases and Transport Insurance.

Within the business, all of director's responsibilities have been performed by Margaret B., David B., Miles B. and Maurice B.. Within the group of these four managers, Maurice B. has supervised business for the longest time, having become a part of officers' team on December 1991.

Previous company's names
Bickford Truck Hire Limited 2010-07-20
F.w. Bickford & Sons Limited 1981-01-08

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	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	6 987 501	7 244 467	7 872 391	8 963 510

Balance Sheet
Cash Bank On Hand				297 392	1 187 317	2 501 726	2 733 046	3 044 888	2 291 993	2 443 199	1 680 054	2 345 110
Current Assets	2 283 638	1 912 305	2 299 292	2 538 390	3 202 079	4 651 378	4 664 717	4 917 992	4 510 373	4 022 785	3 478 244	4 186 944
Debtors	2 178 232	1 771 633	2 222 292	2 080 748	1 903 387	1 929 152	1 847 421	1 444 340	1 984 877	1 422 686	1 569 267	1 632 061
Net Assets Liabilities				8 658 510	9 597 908	11 276 746	12 363 420	13 397 285	13 957 229	14 380 539	14 749 720	15 515 454
Other Debtors	293 044	4 779			3 480	2 688	1 510	405	98 841	3 094	2 187	8 562
Property Plant Equipment				12 150 391	13 187 148	13 618 100	13 552 333	14 235 343	14 413 110	14 446 170	15 242 329	15 252 309
Total Inventories				160 250	111 375	220 500	84 250	428 764	233 503	156 900	228 923	209 773
Cash Bank In Hand	35 906	56 172		297 392
Net Assets Liabilities Including Pension Asset Liability	6 987 501	7 244 467	7 872 391	8 963 510
Stocks Inventory	69 500	84 500	77 000	160 250
Tangible Fixed Assets	10 140 434	11 323 290	11 536 700	12 150 391
Trade Debtors	1 804 839	1 681 736	2 137 523	1 992 982

Capital & Reserves
Called Up Share Capital	80	80	80	80
Profit Loss Account Reserve	6 987 401	7 244 367	7 748 349	8 799 468
Shareholder Funds	6 987 501	7 244 467	7 872 391	8 963 510

Other Financial Data
Audit Fees Expenses	6 550	4 875	5 000	5 000	6 000	6 000	6 000	6 000	6 000	6 000	6 000	6 000
Accumulated Depreciation Impairment Property Plant Equipment				11 665 019	12 705 684	13 312 956	14 040 060	14 757 699	15 024 617	15 100 627	13 008 086	13 480 258
Additions Other Than Through Business Combinations Property Plant Equipment					4 032 673		3 720 765	4 521 053	3 247 344		3 830 906	2 983 682
Administration Support Average Number Employees	13	13	14	14	14	14	15	15	16	16	15	14
Administrative Expenses	1 436 521	1 396 069	1 511 425	1 283 426	1 301 761	1 232 756	1 402 751	1 463 958	1 489 126	1 452 867	1 523 466	1 460 279
Amount Specific Bank Loan				62 045	322 129	253 499	189 432	117 689	17 004
Applicable Tax Rate				21	20	20	19	19	19	19	19	19
Average Number Employees During Period	52	52	55	62	63	63	64	64	59	44	56	63
Balances With Banks				297 392	1 187 179	2 501 726	2 733 046	3 044 888	2 291 993	2 443 199	1 680 054	2 345 110
Bank Borrowings				62 045	254 487	184 456	117 389	43 689	17 004
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment				126 058	126 058	126 058	126 058	126 058	126 058	126 058	126 058
Cash Cash Equivalents				297 392	1 187 317
Cash Cash Equivalents Cash Flow Value				-24 134	297 392	1 187 318	2 501 726	2 733 046	3 044 888	2 443 199	1 680 054
Cash On Hand					138
Comprehensive Income Expense				786 120	939 398	1 698 838	1 106 674	1 049 865	575 944
Cost Sales	4 830 220	5 620 417	5 859 746	5 501 022	5 784 276	5 650 954	5 603 738	5 777 298	6 081 799	5 214 560	6 551 301	7 084 797
Creditors				957 646	1 381 248	1 356 667	912 648	1 151 908	788 682	551 533	727 039	423 800
Current Tax For Period				163 000	205 000	254 000	235 000	137 000				94 654
Deferred Tax Assets									41 500	91 700	51 000
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				380 000	115 000	-225 000	50 000	4 000	297 000	129 000	140 000	137 000
Deferred Tax Liabilities				960 000	1 070 000	850 000	900 000	904 000	1 242 500	1 421 700	1 521 000	1 607 000
Depreciation Amortisation Expense				2 329 869	2 496 218	2 614 968	2 697 988	2 779 128	2 201 026	2 093 858	2 264 077	2 297 805
Depreciation Expense Property Plant Equipment				2 329 869	2 496 218	2 614 968	2 697 988	2 779 128	2 201 026	2 093 858	2 264 077	2 297 805
Disposals Decrease In Depreciation Impairment Property Plant Equipment					-1 455 553		-1 970 883	-2 061 489	-1 934 108		-4 356 618	-1 825 633
Disposals Property Plant Equipment					-1 995 251		-3 059 428	-3 120 404	-2 902 659		-5 127 288	-2 501 530
Dividends Paid						-20 000	-20 000	-16 000	-16 000	-16 000	-100 000	-100 000
Dividends Paid Classified As Financing Activities						-20 000	-20 000	-16 000	-16 000	-16 000	-100 000	-100 000
Dividends Paid On Shares Interim								16 000	16 000
Finance Lease Liabilities Present Value Total				2 068 203	2 291 100	1 550 069	1 206 952	1 248 522	1 122 444	978 831	763 257	657 862
Finance Lease Payments Owing Minimum Gross						2 723 787	2 002 211	2 356 741	1 911 126	1 530 363	1 490 296	1 081 662
Finished Goods Goods For Resale		59 500	52 000	135 250	80 375	189 500	39 250	388 764	183 503	106 900	178 923	159 773
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities						-151 819	-238 610	-323 779	-339 437	-17 004	-185 509	-26 586
Further Item Debtors Component Total Debtors										113 000
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				854 847	834 074	-195 072	143 667	-30 193	194 089	225 285	31 986	-156 512
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-141 544	-177 361	25 765	-81 731	-403 081	540 537	-587 191	259 581	62 794
Gain Loss In Cash Flows From Change In Inventories				83 250	-48 875	109 125	-136 250	344 514	-195 261	-76 603	72 023	-19 150
Gain Loss On Disposals Property Plant Equipment						1 127 521	1 173 206	1 199 636	774 550	651 216	320 375	361 004
Gain Loss On Revaluation Property Plant Equipment Net Tax In Other Comprehensive Income				40 000	40 000	70 000			100 000
Government Grant Income				6 000	4 500
Gross Profit Loss	1 828 780	1 791 988	2 287 190	2 634 503	2 697 805	3 145 492	3 024 329	2 861 998	2 434 896	1 887 003	2 153 326	2 570 671
Income Taxes Paid Refund Classified As Operating Activities				213 622	155 012	235 790	256 051	227 782	7 000	25 000	-113 206
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				321 526	889 925	1 314 408	231 320	311 842	-752 895	151 206	-763 145	665 056
Increase Decrease In Current Tax From Adjustment For Prior Periods				3	-8	893	-130				-206
Increase Decrease In Existing Provisions							50 000	4 000	297 000		140 000	137 000
Increase Decrease In Net Debt From Cash Flows											-537 568	1 100 276
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Other Comprehensive Income						52 000
Increase From Depreciation Charge For Year Property Plant Equipment					2 496 218		2 697 987	2 779 128	2 201 026		2 264 077	2 297 805
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings						7 503	5 638	4 301	2 179	437
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss				113 909	209 266	177 498	147 148	143 173	90 209	54 537	19 549
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts						101 327	95 330	76 897	97 646	82 660	64 672	42 200
Interest Paid Classified As Financing Activities				-113 909	-209 266	-286 328	-248 116	-224 371	-190 034	-137 634	-84 221	-42 200
Interest Paid Classified As Operating Activities				113 909	209 266	286 328	248 116	224 371	190 034	137 634	84 221	42 200
Interest Payable Similar Charges Finance Costs				113 909	209 266	286 328	248 116	224 371	190 034	137 634	84 221	42 200
Interest Received Classified As Investing Activities				355	360		1 089
Interest Received Classified As Operating Activities				355	360		1 089
Net Cash Flows From Used In Financing Activities				-1 303 509	-679 676	-2 213 732	-2 122 369	-2 746 234	-2 582 590	-935 187	-409 798	-577 420
Net Cash Flows From Used In Investing Activities				-1 097 336	-1 592 063	-856 279	-1 801 133	-997 266	-787 944	-2 126 918	-3 060 236	-2 307 785
Net Cash Flows From Used In Operating Activities				2 722 371	3 161 664	4 384 419	4 154 822	4 055 342	2 617 639	3 213 311	2 706 889	3 550 261
Net Cash Generated From Operations				2 935 993	3 316 676	4 620 209	4 410 873	4 283 124	2 624 639	3 238 311	2 593 683	3 550 261
Net Cash Inflow Outflow From Operations Before Movements In Working Capital				3 732 546	3 924 514	4 560 027	4 336 559	4 194 364	3 164 004	2 799 802	2 957 273	3 437 393
Net Current Assets Liabilities	-1 658 616	-2 353 124	-2 160 290	-1 574 235	-1 132 992	-134 687	623 735	1 217 850	1 533 801	1 815 902	1 704 430	2 293 945
Net Debt Funds	1 485 929	2 073 173	2 191 675	1 832 856						537 506	-62	1 100 214
Number Shares Issued Fully Paid				80	80	80	80	80	80	80	80	80
Operating Profit Loss	443 769	423 572	807 853	1 402 677	1 428 296	1 945 059	1 638 571	1 415 236	962 978
Other Comprehensive Income Expense Net Tax				40 000	40 000	70 000			100 000
Other Creditors				850 251		701	1 212	1 212	61 712
Other Employee Expense				5 571	5 921						7 000	9 143
Other Finance Income				355	360		1 089
Other Interest Receivable Similar Income Finance Income				355	360		1 089
Other Operating Income Format1				51 600	32 252	32 323	16 993	17 196	17 208	271 808	76 560	29 196
Other Payables Accrued Expenses				160 030	208 527	346 201	319 186	254 944	163 791	106 474	25 048	29 500
Other Remaining Borrowings				865 570	1 812 731	1 660 912	1 422 302	1 098 523	759 116	375 329	189 820	163 234
Other Short-term Employee Benefits						2 828	2 887	2 976	3 713	4 807	1 919	2 302
Par Value Share		1	1	1	1		1	1	1		1	1
Payments Finance Lease Liabilities Classified As Financing Activities				-1 189 600	-730 494	-1 686 955	-1 551 576	-2 110 342	-1 936 434	-380 762	-40 068	-408 634
Pension Costs Defined Contribution Plan				168 061	167 263	156 625	125 496	159 530	181 193	167 236	171 952	169 290
Prepayments				87 765	92 443	103 708	100 176	102 258	103 930	1 632		34 527
Proceeds From Sales Property Plant Equipment				701 049	539 698	873 742	1 088 545	1 058 915	968 551	829 951	770 670	675 897
Production Average Number Employees	39	39	41	48	49	49	49	50	43	28	41	49
Profit Loss				746 120	899 398	1 628 838	1 106 674	1 049 865	475 944	439 310	469 181	865 734
Profit Loss On Ordinary Activities Before Tax	367 316	351 983	690 837	1 289 123	1 219 390	1 658 731	1 391 544	1 190 865	772 944	568 310	608 975	1 097 388
Property Plant Equipment Gross Cost				23 815 410	25 892 832	26 931 056	27 592 393	28 993 042	29 437 727	29 546 797	28 250 415	28 732 567
Provisions						850 000	900 000	904 000	1 201 000	1 330 000	1 470 000	1 607 000
Provisions For Liabilities Balance Sheet Subtotal				960 000	1 075 000	850 000	900 000	904 000	1 201 000	1 330 000	1 470 000	1 607 000
Purchase Property Plant Equipment				-1 798 740	-2 132 121	-1 730 021	-2 890 767	-2 056 181	-1 756 495	-2 956 869	-3 830 906	-2 983 682
Raw Materials Consumables				25 000	31 000	31 000	45 000	40 000	50 000	50 000	50 000	50 000
Repayments Borrowings Classified As Financing Activities						-68 630	-64 067	-71 742	-100 685
Revenue From Rendering Services						7 807 919	7 680 534	6 170 246	6 340 345	5 434 737	7 276 666	7 895 693
Revenue From Royalties Licences Similar Items								210 500	433 250
Revenue From Sale Goods				8 135 525	8 482 081	988 527	947 533	2 258 550	1 743 100	1 666 826	1 415 961	1 759 775
Social Security Costs	157 579	157 973	147 578	149 793	147 840	128 837	134 091	149 585	170 071	140 214	182 698	205 202
Staff Costs Employee Benefits Expense				1 596 313	1 832 107	1 709 912	1 694 861	1 895 726	2 087 510	1 776 295	2 131 972	2 249 324
Taxation Social Security Payable				214 253	181 921	133 587	249 068	103 825	249 889	41 840	125 466	163 175
Tax Expense Credit Applicable Tax Rate				270 716	243 878	331 746	264 393	226 264	146 859	107 979	115 705	208 504
Tax Increase Decrease From Effect Capital Allowances Depreciation				-114 680	-41 148	-81 024	-32 222	-91 053	192 696	20 348	19 902	19 313
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				6 406	3 163	3 149	3 321	1 541	4 384	673	4 393	3 837
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward									-41 452
Tax Increase Decrease From Other Short-term Timing Differences				380 000	115 000	-225 000	50 000	4 000	-5 521
Tax Increase Decrease From Other Tax Effects Tax Reconciliation				561	-901	1 022	-622	248	34		-206
Tax Tax Credit On Profit Or Loss On Ordinary Activities				543 003	319 992	29 893	284 870	141 000	297 000	129 000	139 794	231 654
Total Assets Less Current Liabilities	8 481 818	8 970 166	9 376 410	10 576 156	12 054 156	13 483 413	14 176 068	15 453 193	15 946 911	16 262 072	16 946 759	17 546 254
Total Borrowings				957 646	1 381 248	1 356 667	912 648	1 151 908	788 682	551 533	727 039	423 800
Total Increase Decrease From Revaluations Property Plant Equipment					40 000				100 000
Total Operating Lease Payments				21 365	25 080	9 874	13 311	12 774	27 355	38 696	57 656	51 519
Trade Creditors Trade Payables				800 038	800 050	905 082	672 438	904 749	595 332	704 409	670 223	784 574
Trade Debtors Trade Receivables				1 992 983	1 807 464	1 822 756	1 745 735	1 341 677	1 782 106	1 304 960	1 567 080	1 588 972
Turnover Revenue				8 135 525	8 482 081	8 796 446	8 628 067	8 639 296	8 516 695	7 101 563	8 704 627	9 655 468
Unpaid Contributions To Pension Schemes								7 368	7 284
Wages Salaries	1 217 561	1 318 770	1 297 331	1 272 888	1 511 083	1 421 622	1 432 387	1 583 635	1 732 533	1 464 038	1 768 402	1 863 387
Amount Specific Advance Or Credit Directors										93 935	-1 328	-7 939
Amount Specific Advance Or Credit Made In Period Directors											33 475	57 132
Amount Specific Advance Or Credit Repaid In Period Directors											-82 377	-63 743
Company Contributions To Money Purchase Plans Directors				161 531	156 358	141 028	103 869	137 455	144 706	139 808	137 718
Director Remuneration	594 763	606 466	549 925	443 775	427 373	345 198	366 803	373 755	345 476	375 693	406 964	66 743
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3	3	3	3	3	3	3	3	3	3	3
Company Contributions To Money Purchase Schemes Directors	33 920	44 097	55 061	53 844
Director Remuneration Benefits Excluding Payments To Third Parties	97 124	98 814	77 760	45 050
Accruals Deferred Income Within One Year	353 449	392 644	351 569	160 029
Amount Due From To Related Party		-34 076	-679 711	-859 690
Bank Borrowings Overdrafts	242 569	144 130	62 526	62 045
Bank Overdrafts			24 134
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax		78 240	13 457
Capital Element Finance Lease Rental Payments	1 372 877	1 667 861	1 753 216
Capital Redemption Reserve	20	20	20	20
Cash Flow Outflow Before Management Liquid Resources Financing	972 544	1 774 954	1 751 515
Cash Flow Outflow From Capital Expenditure Financial Investment	-1 431 521	-827 795	-161 322
Cash Flow Outflow From Financing	-1 292 163	-1 754 688	-1 831 821
Cash Flow Outflow From Operating Activities	2 553 633	2 816 355	2 276 208
Cash Flow Outflow From Returns On Investments Servicing Finance			-117 016
Corporation Tax Due Within One Year	142 000	165 000	100 500	49 881
Cost Tangible Fixed Assets On Historical Cost Basis			126 058	126 058
Creditors Due After One Year	849 317	1 150 699	924 019	957 646
Creditors Due Within One Year	3 942 254	4 265 429	4 459 582	4 112 625
Debt Due After One Year	242 569	144 130	62 526
Debt Due Within One Year	66 145	77 757	80 756	62 045
Decrease Increase In Debtors	-443 072	406 599	-450 659
Decrease Increase In Net Debt During Period	-840 666	-587 244	-118 502
Decrease Increase In Net Debt Resulting From Cash Flows	972 544	1 774 954	1 751 515
Decrease Increase In Stocks	102 966	-15 000	7 500
Depreciation Tangible Fixed Assets Expense	1 775 057	2 107 162	2 297 255	2 329 869
Difference Between Accumulated Depreciation Amortisation Capital Allowances	645 000	575 000	580 000	655 000
Expenses Not Deductible For Tax Purposes		2 138	9 654
Gain Loss From Disposal Fixed Assets	62 151	100 025	355 384	763 428
Hire Property Other Lease Expenditure		42 196	54 618
Increase Decrease In Creditors	737 064	-5 953	-30 357
Increase Decrease In Net Cash For Period	-319 619	20 266	-80 306
Increase Decrease In U K Corporation Tax Arising From Adjustment For Prior Periods	115	17	-145
Increase Decrease In U K Tax From Origination Reversal Timing Differences	80 000	-70 000	5 000
Increase In Borrowings	132 000
Interest Paid	76 453	71 589	117 016
Interest Payable Similar Charges	76 453	71 589	117 016
Leased Assets Included In Tangible Fixed Assets	2 252 350	3 563 024	3 763 144	4 246 662
Loans From Directors Within One Year	190 850	203 337	212 005	865 570
Loans Other Than Banks Loans Overdrafts Finance Charges	14 786	13 891	28 662
Net Increase Decrease In Shareholders Funds	145 201	256 966	627 924
New Finance Leases	1 813 210	2 362 198	1 870 017
Number Shares Allotted	80	80	80	80
Obligations Under Finance Lease Hire Purchase Contracts	1 213 121	1 907 458	2 024 259	2 068 203
Obligations Under Finance Lease Hire Purchase Contracts After One Year	606 748	1 006 569	861 493	957 646
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	606 373	900 889	1 162 766	1 110 557
Obligations Under Finance Leases Hire Purchase Contracts Between One To Two Years	606 748	1 006 569	861 493	957 646
Other Borrowings Interest Payments Similar Charges	61 667	57 698	88 354
Other Creditors Due Within One Year	432 405	1 662 740	1 179 749	850 252
Other Operating Income	51 510	27 653	32 088
Other Recognised Gains Losses For Period			123 942
Other Taxation Social Security Within One Year	140 856	177 782	235 116	214 253
Other Timing Differences Leading To Decrease Increase In Taxation		-163	149
Pension Costs	154 755	138 262	170 558
Pension Costs Defined Contribution Scheme	154 755	138 262	170 558
Prepayments Accrued Income Current Asset	80 349	85 118	84 769	87 766
Profit Loss For Period	145 201	256 966	503 982
Provisions Charged Credited To Profit Loss Account During Period		-70 000	5 000	75 000
Provisions For Liabilities Charges	645 000	575 000	580 000	655 000
Purchase Tangible Fixed Assets	1 733 021	1 368 794	1 267 314
Repayment Borrowings	51 286	86 827	78 605
Revaluation Reserve			123 942	163 942
Revaluation Surplus In Period			123 942
Sale Tangible Fixed Assets	301 500	540 999	1 105 992
Staff Costs	1 529 895	1 615 005	1 615 467
Standard Nominal Tax Rate		24	23
Stocks Raw Materials Consumables	69 500	25 000	25 000	25 000
Tangible Fixed Assets Additions		22 008	6 124	2 884
Tangible Fixed Assets Cost Or Valuation	19 082 361	21 298 313	22 310 143	23 815 409
Tangible Fixed Assets Depreciation	8 941 927	9 975 023	10 773 443	11 665 018
Tangible Fixed Assets Depreciation Charged In Period		6 119	18 028	12 743
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		1 074 066	1 498 835	1 438 294
Tangible Fixed Assets Disposals		1 515 040	2 123 385	2 139 344
Tangible Fixed Assets Increase Decrease From Revaluations			123 942	40 000
Taxation Expense Credit	73 115	142 017	246 355
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate		84 476	158 893
Tax On Profit Or Loss On Ordinary Activities	222 115	95 017	186 855
Total Depreciation Amortisation Impairment Charges	1 775 057	2 107 162	2 297 255
Total Recognised Gain Loss For Period		256 966	627 924
Total U K Foreign Current Tax After Adjustments Relief		165 017	181 855
Trade Creditors Within One Year	2 010 176	685 280	1 112 987	800 038
Turnover Gross Operating Revenue	6 659 000	7 412 405	8 146 936
U K Current Corporation Tax	142 115	165 017	181 855
U K Current Corporation Tax On Income For Period	142 000	165 000	182 000
Valuation Tangible Fixed Assets			250 000	290 000
Value Shares Allotted	80	80	80	80