Binns Fencing Limited in Potters Bar, EN6 3JF

Description

Data updated on: 01-11-2023

Located in Harvest House, Potters Bar EN6 3JF Binns Fencing Limited is categorised as a Private Limited Company registered under the 00489736 registration number. It was set up 74 years ago. This firm's Standard Industrial Classification Code is 43999 which stands for Other specialised construction activities not elsewhere classified. The business latest financial reports describe the period up to Saturday 31st December 2022 and the most current confirmation statement was submitted on Saturday 6th May 2023.

Binns Fencing Ltd is a small-sized vehicle operator with the licence number OF1132259. The firm has one transport operating centre in the country. In their subsidiary in Potters Bar on Cranborne Industrial Estate, 1 machine is available.

On 2015/10/30, the firm was seeking a Fencing Labourer to fill a full time post in the infrastructure construction in Nationwide, Home Counties. They offered an overtime with wage £90.00. The offered position required entry level employee experience.

7 transactions have been registered in 2020 with a sum total of £51,389. Cooperation with the South Gloucestershire Council council covered the following areas: Building Works.

There's a number of four directors leading the following limited company right now, namely Christopher H., Alastair H., Martin E. and Adam B. who have been carrying out the directors obligations since 2021. In addition, the director's assignments are assisted with by a secretary - Veronica P., who was officially appointed by the limited company in 1997.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	1 303 808	662 981	1 617 612	2 564 692	1 996 620
Current Assets	2 632 810	2 643 427	3 640 211	4 005 981	4 309 361
Debtors	969 547	1 652 955	1 685 973	1 045 081	1 876 102
Net Assets Liabilities	4 508 928	4 716 417	5 299 444	5 882 557	6 068 265
Other Debtors	293 888	75 138	82 984	345 879	1 000
Property Plant Equipment	2 831 125	2 741 074	2 722 114	2 786 237	2 898 080
Total Inventories	359 455	327 491	336 626	396 208	436 639

Other Financial Data
Audit Fees Expenses				10 000	11 000
Fees For Non-audit Services				2 000	1 800
Company Contributions To Money Purchase Plans Directors				54 063	57 250
Director Remuneration				257 495	299 906
Accrued Liabilities Deferred Income				48 693	95 284
Accumulated Depreciation Impairment Property Plant Equipment	502 846	540 404	603 325	676 793	780 292
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss					79 380
Administrative Expenses				1 809 393	2 382 285
Amounts Owed By Group Undertakings	480 531	1 000 332	1 145 299	491 050	649 040
Amounts Owed To Group Undertakings	319 221	62 721	62 721	62 721	75 395
Applicable Tax Rate				19	19
Average Number Employees During Period	41	40	43	44	46
Comprehensive Income Expense				883 113	935 708
Corporation Tax Payable				141 595	145 990
Cost Sales				8 195 978	10 303 308
Creditors	913 135	632 585	1 033 756	878 042	1 028 177
Current Tax For Period				141 595	193 008
Deferred Tax Liabilities					110 999
Depreciation Expense Property Plant Equipment				101 255	133 920
Disposals Decrease In Depreciation Impairment Property Plant Equipment		65 555	37 529	27 787	30 421
Disposals Property Plant Equipment		117 277	82 829	40 186	48 262
Dividends Paid				300 000	750 000
Dividends Paid On Shares Interim				300 000	750 000
Further Item Operating Income Component Total Other Operating Income				195	1 466
Future Minimum Lease Payments Under Non-cancellable Operating Leases				3 256	3 256
Gain Loss On Disposals Property Plant Equipment				-5 191	-5 509
Gross Profit Loss				2 729 925	3 435 295
Increase Decrease In Current Tax From Adjustment For Prior Periods					-46 595
Increase From Depreciation Charge For Year Property Plant Equipment		103 113	100 450	101 255	133 920
Net Current Assets Liabilities	1 719 675	2 010 842	2 606 455	3 127 939	3 281 184
Number Shares Issued Fully Paid		100 000	100 000	100 000	100 000
Operating Profit Loss				1 027 202	1 161 077
Other Creditors	21 694	49 491	49 294	66 268	143 864
Other Deferred Tax Expense Credit				2 494	79 380
Other Interest Receivable Similar Income Finance Income					424
Other Operating Income Format1				106 670	108 067
Other Taxation Social Security Payable	270 532	224 919	625 676	141 401	154 310
Par Value Share		1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs				112 970	121 142
Prepayments Accrued Income				88 390	97 315
Profit Loss				883 113	935 708
Profit Loss On Ordinary Activities Before Tax				1 027 202	1 161 501
Property Plant Equipment Gross Cost	3 333 971	3 281 478	3 325 439	3 463 030	3 678 372
Provisions				31 619	110 999
Provisions For Liabilities Balance Sheet Subtotal	41 872	35 499	29 125	31 619	110 999
Recoverable Value-added Tax				256 299	222 368
Rental Leasing Income				106 475	106 601
Social Security Costs				222 687	247 669
Staff Costs Employee Benefits Expense				2 317 478	2 447 227
Tax Decrease From Utilisation Tax Losses				45 204	8 904
Tax Decrease Increase From Effect Revenue Exempt From Taxation				37	279
Tax Expense Credit Applicable Tax Rate				195 168	220 685
Tax Increase Decrease From Effect Capital Allowances Depreciation				-16 158	-32 416
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				7 826	13 922
Tax Increase Decrease From Other Tax Effects Tax Reconciliation				2 494	79 380
Tax Tax Credit On Profit Or Loss On Ordinary Activities				144 089	225 793
Total Additions Including From Business Combinations Property Plant Equipment		64 784	126 790	177 777	263 604
Total Assets Less Current Liabilities	4 550 800	4 751 916	5 328 569	5 914 176	6 179 264
Total Current Tax Expense Credit				141 595	146 413
Total Operating Lease Payments				2 000	544 248
Trade Creditors Trade Payables	301 688	295 454	296 066	417 364	413 334
Trade Debtors Trade Receivables	195 128	577 485	457 691	208 152	906 379
Turnover Revenue				10 925 903	13 738 603
Wages Salaries				1 981 821	2 078 416
Work In Progress				396 208	436 639