Proampac Lincoln Limited in Lincoln, LN2 3QF

Description

Data updated on: 01-11-2023

Proampac Lincoln is a business registered at LN2 3QF Lincoln at Horncastle Lane. The firm has been operating since 2005 and is registered as reg. no. 05570833. The firm has been actively competing on the UK market for 19 years now and its status at the time is active. Despite the fact, that recently referred to as Proampac Lincoln Limited, it was not always so. The company was known under the name Sph 298 until 2006/04/26, at which point the company name got changed to Brayford Plastics. The last change took place on 2021/09/08. This business's Standard Industrial Classification Code is 22220 which stands for Manufacture of plastic packing goods. 2022-12-31 is the last time the company accounts were filed.

As the data suggests, this specific firm was created in September 2005 and has been presided over by nine directors, out of whom two (Gregory T. and Eric B.) are still listed as current directors.

Previous company's names
Proampac Lincoln Limited 2021-09-08
Brayford Plastics Limited 2006-04-26
Sph 298 Limited 2005-09-22

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-03-31	2017-03-31	2018-03-31	2019-04-30	2020-04-30	2021-04-30
Currency

Balance Sheet
Cash Bank On Hand	35 865	219 371	186 360	129 190	300 530	271 985
Current Assets	4 930 792	4 966 802	6 159 600	5 612 364	7 130 007	7 080 888
Debtors	3 206 506	3 350 165	4 476 311	3 721 352	4 891 831	4 544 611
Net Assets Liabilities	2 311 712	2 668 023	3 342 253	3 589 871	4 364 035	5 108 272
Other Debtors	333		3 118	4 288	700
Property Plant Equipment	5 356 462	6 270 287	6 443 212	7 585 269	7 057 091	6 466 370
Total Inventories	1 688 421	1 397 266	1 496 929	1 761 822	1 937 646	2 264 292

Other Financial Data
Audit Fees Expenses	6 000	6 000	6 000	6 000	6 000	6 500
Accrued Liabilities Deferred Income	347 192	641 267	388 316	316 080	373 550	354 733
Accumulated Depreciation Impairment Property Plant Equipment	2 529 786	3 005 824	3 030 144	3 627 391	4 235 121	4 933 754
Additional Provisions Increase From New Provisions Recognised		83 841	10 942	82 399
Additions Other Than Through Business Combinations Property Plant Equipment		1 399 314	648 950	1 778 748	124 342	66 621
Administration Support Average Number Employees	26	23	23	24	25	25
Administrative Expenses	2 658 221	2 601 268	2 517 027	3 205 511	3 223 304	3 100 794
Amounts Owed To Group Undertakings	2 146 008	2 146 008	2 146 008	2 146 008	2 146 008	1 267 049
Applicable Tax Rate	20	20	19	19	19	19
Average Number Employees During Period	97	98	102	101	110	113
Bank Borrowings Overdrafts	69 003	217 600	301 438	124 671	124 671
Cash Cash Equivalents Cash Flow Value	35 865	219 371	186 360
Comprehensive Income Expense	477 729	356 311	674 230	247 618	774 164	744 237
Corporation Tax Payable	33 464	108 669	115 190		154 142	164 715
Corporation Tax Recoverable				3 817
Cost Sales	10 786 773	11 421 040	12 104 686	13 843 355	14 836 920	16 340 772
Creditors	4 956 958	4 826 599	5 302 745	4 902 624	5 541 794	5 429 874
Current Tax For Period	44 088	108 669	115 190	-3 817	154 142	215 618
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	50 238	83 841	10 942	82 399	-2 546	-25 555
Deferred Tax Liabilities	315 410	399 251	410 193	492 592	490 046	464 491
Depreciation Expense Property Plant Equipment	518 633	477 219	476 642	620 072	652 441	652 952
Depreciation Rate Used For Property Plant Equipment		10	10	10	10	10
Depreciation Transfer Revaluation Surplus Before Tax Increase Decrease In Equity	-7 760	-7 760	-7 760	-8 407	-8 407	-7 760
Disposals Decrease In Depreciation Impairment Property Plant Equipment		1 181	452 322	22 825	44 711
Disposals Property Plant Equipment		9 451	451 705	39 444	44 790	3 500
Distribution Costs	262 392	286 753	308 660	324 448	353 773	344 532
Finance Lease Liabilities Present Value Total	361 816	161 222	107 981	343 467	304 520	253 322
Finance Lease Payments Owing Minimum Gross	654 908	308 645	294 347	1 156 131	816 352	651 936
Financial Assets	2 982 909	3 422 433	3 995 172
Financial Liabilities	4 682 094	4 819 720	5 810 754
Fixed Assets	5 356 463	6 270 288	6 443 213	7 585 270	7 057 092	6 466 371
Future Minimum Lease Payments Under Non-cancellable Operating Leases	2 195	16 023	9 221	101 640	79 639	71 966
Gain Loss In Cash Flows From Change In Accrued Items	183 090	213 707	-233 320
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-770 667	-367 274	672 348
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	241 327	-143 659	-1 126 146
Gain Loss In Cash Flows From Change In Inventories	-258 245	291 155	-99 663
Gain Loss On Disposals Property Plant Equipment	5 802	1 181		-16 620	12 356	33 187
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss	-9 890	6 736	1 298	2 646	1 532	-1 440
Government Grant Income	17 632	19 632	19 632	21 268	19 632	19 632
Government Grants Payable	105 792	186 160	166 529	145 261	125 627	105 994
Gross Profit Loss	3 644 208	3 539 275	3 655 132	3 967 635	4 612 643	4 433 807
Income Expense Recognised Directly In Equity	210
Income Taxes Paid Refund Classified As Operating Activities	17 174	33 464	108 669
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	27 338	183 506	-33 011
Increase Decrease In Current Tax From Adjustment For Prior Periods	-10 624
Increase Decrease In Existing Provisions					-2 546	-25 555
Increase Decrease Through Other Changes Property Plant Equipment						44 791
Increase From Depreciation Charge For Year Property Plant Equipment		477 219	476 642	620 072	652 441	652 952
Intangible Assets	1	1	1	1	1	1
Intangible Assets Gross Cost		1	1	1	1	1
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	114 327	48 269	22 447	20 762	28 224	16 168
Interest Income On Bank Deposits				21	20
Interest Income On Cash Cash Equivalents	11
Interest Paid Classified As Operating Activities	179 807	122 096	48 715
Interest Paid To Related Parties	46 627	63 749	-7 976	73 322	67 689	48 858
Interest Payable Similar Charges Finance Costs	179 807	122 096	48 715	132 765	129 458	96 157
Interest Received Classified As Operating Activities	11	31
Issue Equity Instruments	210
Net Cash Flows From Used In Financing Activities	792 798	607 677	254 634
Net Cash Flows From Used In Investing Activities	-1 200 421	-1 389 863	-649 567
Net Cash Flows From Used In Operating Activities	434 961	965 692	361 922
Net Cash Generated From Operations	631 931	1 121 221	519 306
Net Current Assets Liabilities	-26 166	140 203	1 027 867	709 740	1 588 213	1 651 014
Net Deferred Tax Liability Asset	315 410	399 251	410 193	492 592	490 046	464 491
Number Shares Issued Fully Paid	100	100	100	100	100	100
Operating Profit Loss	741 227	670 886	849 077	458 944	1 055 198	1 030 457
Other Creditors	1 897 608	1 352 772	110 503	73 751	106 111	73 647
Other Finance Costs	18 853	10 078	34 244	38 681	33 545	31 131
Other Finance Income		31
Other Increase Decrease In Depreciation Impairment Property Plant Equipment						45 681
Other Interest Receivable Similar Income Finance Income	11	31		21	20
Other Operating Income Format1	17 632	19 632	19 632	21 268	19 632	41 976
Other Remaining Operating Income						22 344
Other Taxation Social Security Payable	316 813	218 416	280 207	397 117	511 478	335 422
Par Value Share		1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	216 151	346 263	14 298
Pension Costs Defined Contribution Plan	41 880	46 086	51 350	78 187	97 436	99 843
Pension Other Post-employment Benefit Costs Other Pension Costs	41 880	46 086	51 350	78 187	97 436	99 843
Prepayments Accrued Income	259 129	147 103	614 765	321 789	470 946	570 181
Proceeds From Borrowings Classified As Financing Activities	-1 154 901	934 308	249 300
Proceeds From Government Grants Classified As Financing Activities	17 632	19 632	19 632
Proceeds From Issuing Shares	210
Proceeds From Loans Advances To Group Undertakings Classified As Financing Activities	2 146 008
Proceeds From Sales Property Plant Equipment	15 000	9 451	-617
Production Average Number Employees	71	75	79	77	85	88
Profit Loss	477 729	356 311	674 230	247 618	774 164	744 237
Profit Loss On Ordinary Activities Before Tax	561 431	548 821	800 362	326 200	925 760	934 300
Property Plant Equipment Gross Cost	7 886 248	9 276 111	9 473 356	11 212 660	11 292 212	11 400 124
Provisions	315 410	399 251	410 193	492 592	490 046	464 491
Purchase Property Plant Equipment	1 215 421	1 399 314	648 950
Raw Materials	778 554	695 510	846 336	844 524	945 970	1 048 086
Revenue From Sale Goods	14 430 981	14 960 315	15 767 873	17 810 990	19 449 563	20 774 579
Social Security Costs	220 367	255 070	287 188	329 157	341 216	350 957
Staff Costs Employee Benefits Expense	2 737 102	3 021 630	3 140 015	3 627 590	3 809 459	4 061 406
Taxation Including Deferred Taxation Balance Sheet Subtotal	315 410	399 251	410 193	492 592	490 046	464 491
Tax Decrease Increase From Effect Revenue Exempt From Taxation		6
Tax Expense Credit Applicable Tax Rate	112 287	109 764	152 069	61 978	175 894	177 517
Tax Increase Decrease From Effect Capital Allowances Depreciation	-86 922	-112 779	-109 700	-191 580	-106 724	-80 652
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	18 723	111 690	72 821	125 785	84 972	118 753
Tax Increase Decrease From Other Short-term Timing Differences	50 238	83 841	10 942
Tax Tax Credit On Profit Or Loss On Ordinary Activities	83 702	192 510	126 132	78 582	151 596	190 063
Total Assets Less Current Liabilities	5 330 297	6 410 491	7 300 068	8 295 010	8 645 305	8 117 385
Total Current Tax Expense Credit	33 464	108 669
Total Operating Lease Payments	630	10 682	10 682	22 961	35 339	42 572
Trade Creditors Trade Payables	1 931 062	2 126 653	2 435 111	2 278 323	2 908 093	2 980 986
Trade Debtors Trade Receivables	2 947 044	3 203 062	3 858 428	3 391 458	4 420 185	3 974 430
Turnover Revenue	14 430 981	14 960 315	15 767 873	17 810 990	19 449 563	20 774 579
Wages Salaries	2 474 855	2 720 474	2 801 477	3 220 246	3 370 807	3 610 606
Work In Progress	909 867	701 756	650 593	917 298	991 676	1 216 206
Director Remuneration	292 650	324 920	367 913	407 408	382 024	289 058