Blackwood Engineering Limited in Gwent, NP13 2LN

Description

Data updated on: 01-11-2023

Blackwood Engineering is a firm with it's headquarters at NP13 2LN Gwent at Glandwr Industrial Estate. The firm has been in existence since 1946 and is established as reg. no. 00423178. The firm has been active on the British market for seventy eight years now and its current status is active. The company is recognized as Blackwood Engineering Limited. However, the firm also operated as Blackwood Engineering Works up till it was replaced 30 years ago. The company's Standard Industrial Classification Code is 25610 meaning Treatment and coating of metals. 2022-12-31 is the last time the accounts were filed.

Having 10 recruitment announcements since 2015-02-11, the enterprise has been one of the most active ones on the labour market. Recently, it was employing job candidates in Abertillery. They most frequentlyusually offer full time positions to work in Shift work mode. They employ candidates on such positions as for example: Quality Engineer, Accounts Assistant and Prep Operative.

According to the following company's executives data, since 2021 there have been four directors including: Leanne J., Rebecca W. and Dominic C..

Previous company's names
Blackwood Engineering Limited 1994-11-04
Blackwood Engineering Works,limited 1946-11-07

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-10-31	2021-06-30	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	1 172 227	2 483 297	3 354 561	822 830	332 120	677 651	900 746	239 634	889 352
Current Assets			19 423 611	15 332 404	16 533 250	13 916 288	20 154 258	32 641 014	38 094 114
Debtors			12 014 332	8 826 634	9 937 387	7 952 253	10 120 577	12 212 675	16 621 582
Net Assets Liabilities			2 417 547	2 517 328	3 435 244	3 692 336	2 616 811	3 298 249	5 779 212
Other Debtors			4 634 618	431 658	387 582	716 756	77 923	279 050	438 272
Property Plant Equipment	451 791	430 782	482 334	535 555	839 729	817 800	1 043 579	1 226 854	2 245 470
Total Inventories	5 212 176	3 239 467	4 054 718	5 682 940	6 263 743	5 286 384	9 132 935	20 188 705	20 583 180

Other Financial Data
Audit Fees Expenses	13 750	14 000	14 000	17 950	17 950	18 465	19 000	19 000	27 500
Accrued Liabilities Deferred Income	326 895	1 235 361	6 201 050	775 304	3 928 230	1 128 987	3 799 537	7 427 740	14 740 661
Accumulated Amortisation Impairment Intangible Assets	21 240	28 320	35 399	35 399	35 399
Accumulated Depreciation Impairment Property Plant Equipment	587 619	699 107	788 457	913 397	1 051 841	1 401 277	1 542 496	1 346 458	1 607 562
Additions Other Than Through Business Combinations Property Plant Equipment		90 479		193 436	478 445	377 382	427 951	307 629	1 293 394
Administrative Expenses	3 964 346	4 315 376	5 967 358	2 241 476	2 625 453	4 661 704	2 049 830	1 712 038	4 171 013
Amortisation Expense Intangible Assets			7 079
Amounts Owed To Associates	1 721 648	1 258 674
Amounts Owed To Associates Joint Ventures Participating Interests			1 574 749	4 458 032	4 922 337	159 929	10 353
Amounts Owed To Group Undertakings			761 157	761 157	761 157	761 157	761 157	761 157	761 157
Amounts Owed To Parent Entities	761 157	761 157
Average Number Employees During Period	81	74	79	93	105	99	101	108	165
Balances Amounts Owed To Related Parties					761 157	761 157	761 157	762 157	761 157
Bank Borrowings Overdrafts	6 000 000	6 222 222
Cash Cash Equivalents Cash Flow Value			3 354 561	822 830	332 120	677 651	900 746	239 634	889 352
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities								237 069	-254 550
Cash Receipts From Sales Interests In Associates								237 069
Comprehensive Income Expense			185 774	99 781	917 916	257 092	-1 075 525	681 438	2 480 963
Corporation Tax Payable	94 403		115 803	336 617	302 887				461 579
Corporation Tax Recoverable		17 616				153 927	153 927	153 927	153 826
Cost Sales	26 824 090	23 246 375	27 286 869	33 374 462	41 073 390	45 823 026	27 770 870	26 342 655	67 729 652
Creditors			7 000 000	3 209 597	55 232	7 700 362	8 958 984	13 039 293	14 100 001
Current Tax For Period	94 403	120 162	115 803	684 585	302 887	68 963			461 579
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	22 592	2 914	2 274
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	17 360	2 914	2 274	-11 526	29 025	-8 235	-115 189	155 911	273 123
Depreciation Expense Property Plant Equipment			116 512	140 215	160 466	384 478	159 483	124 354	262 830
Depreciation Impairment Expense Property Plant Equipment				140 215	160 466	384 478	159 483	124 354	262 830
Derivative Liabilities			245 668		44 416
Finished Goods Goods For Resale	5 212 176	3 239 467	4 054 718	5 682 940	6 263 743	5 286 384	9 132 935	20 188 705	20 583 180
Fixed Assets	465 950	437 861	841 078	894 299	1 198 473	1 176 544	1 402 323	1 585 598	2 245 470
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities		145 002	-390 670	353 160	-151 908	791 679	-90 845	-455 139	201 188
Further Item Interest Expense Component Total Interest Expense					525 835	975 595	67 021	214 706	1 341 772
Further Item Operating Expense Loss Income Statement Item Component Operating Profit Loss				1 317 982	939 274	3 000 000	1 860 034		358 744
Further Item Tax Increase Decrease Component Adjusting Items		523	-478			11 585	7 002	-134 219	-45 461
Future Minimum Lease Payments Under Non-cancellable Operating Leases				446 006	399 439	1 176 527	667 122	566 077	376 274
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss			271 518	-572 541	649 012	985 785	-803 716	214 990	3 363 166
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				310 984	-4 115 733	10 599 550	-6 395 841	-7 752 373	-1 845 851
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-3 459 683	1 382 738	-2 886 324	2 259 169	2 310 168	4 462 370
Gain Loss In Cash Flows From Change In Inventories				1 628 224	580 803	-977 359	3 846 551	11 055 770	394 475
Gain Loss On Disposals Property Plant Equipment	4 575		1 722		-4 972	-11 332	-729	16	-11 948
Gross Profit Loss			6 692 996	3 906 101	4 994 828	7 832 678	2 712 779	2 598 732	8 755 443
Income Taxes Paid Refund Classified As Operating Activities				-73 045	-276 951	-492 887			-9 151
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				2 531 731	490 710	-345 531
Increase Decrease In Current Tax From Adjustment For Prior Periods		523	-49 796	-390 726	-59 666	-32 890			4 799
Increase From Amortisation Charge For Year Intangible Assets		7 080
Increase From Depreciation Charge For Year Property Plant Equipment		111 488		140 215	160 466	384 478	159 483	124 354	262 830
Intangible Assets	21 565	7 079	29 820
Intangible Assets Gross Cost	35 399		35 399	35 399	35 399
Interest Income On Bank Deposits	2 789	625	8 376	15 173	14 094	194	1
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	2 789	625		15 173	14 094	194	1
Interest Payable Similar Charges Finance Costs	449 767	275 030	621 113	113 674	525 835	975 595	67 021	214 706	1 341 772
Interest Received Classified As Investing Activities	-2 789	-625	-8 376	149 320	-178 587	-478 740	-1
Investments				358 744	358 744	358 744	358 744	358 744
Investments Fixed Assets			358 744	358 744	358 744	358 744	358 744	358 744
Key Management Personnel Compensation Total				258 891	438 178	473 045	298 845	211 459	480 415
Net Cash Flows From Used In Financing Activities				4 143 563	3 002 457	-6 853 451
Net Cash Flows From Used In Investing Activities				342 756	291 025	-104 859
Net Cash Flows From Used In Operating Activities	618 490	-1 323 704		-1 954 588	-2 802 772	6 612 779	740 382	4 651 878	-470 298
Net Cash Generated From Operations				-2 141 305	-3 605 558	5 144 297	673 361	4 437 172	-1 821 221
Net Current Assets Liabilities			8 657 443	4 902 074	2 390 476	10 306 392	10 148 521	14 882 904	18 028 574
Net Finance Income Costs	2 789	625	8 376	15 173	14 094	478 740	1
Net Interest Paid Received Classified As Operating Activities	-449 767	-275 030	-621 113	-113 674	-525 835	-975 595	-67 021	-214 706	-1 341 772
Number Shares Issued Fully Paid				18 300	18 300
Operating Profit Loss			866 792	480 615	1 701 903	781 785	-1 123 694	1 052 055	4 557 437
Other Creditors			142 026	2 979 431	1 794 788	390 666	207 694		1 810 121
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				15 275	19 870	35 042	18 264	320 392	1 726
Other Disposals Property Plant Equipment				15 275	28 261	49 875	60 953	320 392	13 674
Other Interest Expense	449 767	275 030
Other Interest Income						478 546
Other Interest Receivable Similar Income Finance Income	2 789	625	8 376	15 173	14 094	478 740	1
Other Operating Income Format1	71 721	111 886	141 154	133 972	271 802	610 811	73 391	165 361	331 751
Other Remaining Borrowings		6 222 222	7 000 000	3 209 597	55 232	7 700 362	8 958 984	13 039 293	14 100 001
Other Taxation Social Security Payable			393 522	248 579	300 836	445 770	625 637	1 268 921	1 359 698
Par Value Share				1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	43 406	55 057	58 645	67 713	136 595	152 004	78 447	64 148	233 101
Prepayments Accrued Income			167 720	160 724	170 376	132 306	144 146	64 513	326 152
Proceeds From Borrowings Classified As Financing Activities						-10 003 000
Proceeds From Sales Or Maturity Financial Assets Held For Trading Trading Investments									-358 744
Proceeds From Sales Other Long-term Assets Classified As Investing Activities			358 744
Proceeds From Sales Property Plant Equipment	-7 000		-5 795		-8 833	-3 501	-41 960	-16
Profit Loss	415 630	582 324	185 774	99 781	917 916	257 092	-1 075 525	681 438	2 480 963
Profit Loss On Ordinary Activities Before Tax	527 393	568 145	254 055	382 114	1 190 162	284 930	-1 190 714	837 349	3 215 665
Property Plant Equipment Gross Cost	1 039 410	1 129 889	1 270 791	1 448 952	1 891 570	2 219 077	2 586 075	2 573 312	3 853 032
Provisions For Liabilities Balance Sheet Subtotal			80 974	69 448	98 473
Purchase Property Plant Equipment		-90 479	-172 137	-193 436	-478 445	-377 382	-427 951	-307 629	-1 293 394
Repayments Borrowings Classified As Financing Activities		222 222			-3 154 365	-2 357 870	1 258 622	4 080 309	1 060 708
Social Security Costs	170 506	139 719	2 486 175	189 546	225 926	354 902	150 276	139 577	356 999
Staff Costs Employee Benefits Expense	3 045 998	4 448 457	6 242 547	2 676 500	3 288 156	5 469 219	2 448 303	2 176 534	5 062 032
Taxation Including Deferred Taxation Balance Sheet Subtotal	75 786	78 700	80 974	69 448	98 473	90 238	-24 951	130 960	394 831
Tax Decrease From Utilisation Tax Losses				-198 628	-29 025
Tax Decrease Increase From Effect Revenue Exempt From Taxation			344
Tax Expense Credit Applicable Tax Rate				72 602	226 131	54 137	-226 236	159 096	610 976
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit		-137 778	-49 796	23 165	-59 666
Tax Increase Decrease From Effect Capital Allowances Depreciation	-24 317	2 766	-4 999	-11 866	-19 350	24 757	15 956	130 800
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	2 735	3 244	70 813	-196	96 106	-29 751	88 089	234	69 629
Tax Tax Credit On Profit Or Loss On Ordinary Activities	111 763	-14 179	68 281	282 333	272 246	27 838	-115 189	155 911	734 702
Total Assets Less Current Liabilities			9 498 521	5 796 373	3 588 949	11 482 936	11 550 844	16 468 502	20 274 044
Total Borrowings			7 000 000	3 209 597	55 232	7 700 362	8 958 984	13 039 293	14 100 001
Total Current Tax Expense Credit	94 403	-17 093	66 007	293 859	243 221	36 073
Total Operating Lease Payments			128 978	129 267	213 482	451 338	133 649	100 061	346 118
Trade Creditors Trade Payables	1 942 343	616 819	1 332 193	871 210	2 088 123	723 387	4 601 359	8 300 292	932 324
Trade Debtors Trade Receivables	5 687 701	5 478 763	6 981 792	8 126 760	9 379 429	6 202 001	9 088 163	11 513 906	15 300 865
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment					7 566				-37 377
Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Depreciation Impairment Property Plant Equipment					2 152
Turnover Revenue	31 691 086	28 292 415	33 979 865	37 280 563	46 068 218	53 655 704	30 483 649	28 941 387	76 485 095
Wages Salaries	2 832 086	4 253 681	3 697 727	2 419 241	2 925 635	4 962 313	2 219 580	1 972 809	4 471 932
Company Contributions To Defined Benefit Plans Directors	6 443	7 283	8 911	9 738	38 692	44 228	37 348	5 025	56 655
Director Remuneration					453 943	563 990	222 653	176 070	374 810
Director Remuneration Benefits Including Payments To Third Parties				233 776	492 635	608 218	260 001	181 095	431 465