Carn Plastics Limited in Lurgan, BT67 9DH

Description

Data updated on: 01-11-2023

Carn Plastics is a company situated at BT67 9DH Lurgan at Parkside Industrial Estate. The enterprise has been in existence since 2001 and is registered under the registration number NI040814. The enterprise has been active on the British market for 23 years now and company official status is active. This enterprise's principal business activity number is 22290, that means Manufacture of other plastic products. The company's latest filed accounts documents describe the period up to 31st May 2022 and the most current annual confirmation statement was submitted on 14th May 2023.

The following limited company owes its achievements and constant improvement to a team of two directors, specifically Patricia M. and John L., who have been managing the firm since January 2008. To provide support to the directors, the limited company has been utilizing the skills of Patricia M. as a secretary for the last one year.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency

Balance Sheet
Cash Bank On Hand	145 755	267 155	236 775	268 421	213 593	239 705	183 458	149 091
Current Assets	437 454	491 653	484 121	516 009	400 289	414 715	209 216	166 655
Debtors	227 509	154 427	165 786	173 279	109 263	92 950	24 906	17 564
Net Assets Liabilities	281 387	318 416	314 530	343 776	304 304	256 284	97 026	21 789
Other Debtors	18 217	3 310	3 391	3 992	33 678	2 312	22 212	17 564
Property Plant Equipment	39 278	34 033	36 029	30 503	38 069	32 294	20 905
Total Inventories	64 190	70 071	81 560	74 309	77 433	82 060	852

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets	102 863	111 845	119 345	126 845	134 345	141 845	142 470
Accumulated Depreciation Impairment Property Plant Equipment	100 164	108 159	110 587	116 113	112 047	85 875	46 042
Additions Other Than Through Business Combinations Property Plant Equipment		2 750	11 674		15 350	1 386
Amortisation Rate Used For Intangible Assets		5	5	5	5	5	5	5
Applicable Tax Rate	20	20	19	19	19	19	19	19
Average Number Employees During Period	17	18	18	17	18	18	11
Bank Borrowings Overdrafts	1 583	11 147	18 066	1 011	1 886	364	124
Corporation Tax Payable	17 908	22 070	6 997	17 161	2 511	2 612
Creditors	231 881	235 318	225 842	216 536	134 400	188 497	133 095	144 866
Current Tax For Period	17 179	21 341	7 054	17 161	2 487	2 612	-22 284	-170
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit							-2 164
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		2 447	369	-1 034	1 480	-1 098	-2 164
Depreciation Rate Used For Property Plant Equipment		25	25	25	25	25	25	25
Disposals Decrease In Amortisation Impairment Intangible Assets								142 470
Disposals Decrease In Depreciation Impairment Property Plant Equipment			5 438		11 850	33 334	43 059	46 042
Disposals Intangible Assets								142 470
Disposals Property Plant Equipment			7 250		11 850	33 333	51 222	66 947
Dividends Paid On Shares	77 000	37 000	32 000	32 000	49 000	47 000	46 100	56 000
Fixed Assets	78 885	64 658	59 154	46 128	46 194	32 919	20 905
Increase Decrease In Current Tax From Adjustment For Prior Periods		-727	57		-24		5	-170
Increase From Amortisation Charge For Year Intangible Assets		8 982	7 500	7 500	7 500	7 500	625
Increase From Depreciation Charge For Year Property Plant Equipment		7 995	7 866	5 526	7 784	7 163	3 226
Intangible Assets	39 607	30 625	23 125	15 625	8 125	625
Intangible Assets Gross Cost		142 470	142 470	142 470	142 470	142 470	142 470
Net Current Assets Liabilities	205 573	256 335	258 279	299 473	265 889	226 218	76 121	21 789
Number Shares Issued Fully Paid	200	200	200	200	200	200	200	200
Other Creditors	88 679	67 492	64 174	37 822	60 980	69 303	119 145	146 568
Other Taxation Social Security Payable	31 483	23 412	12 580	19 401	25 753	18 140	13 792	623
Par Value Share		1	1	1	1	1	1	1
Profit Loss On Ordinary Activities Before Tax	70 308	97 817	35 537	77 373	13 495	494	-137 606	-19 407
Property Plant Equipment Gross Cost	139 442	142 192	146 616	146 616	150 116	118 169	66 947
Taxation Including Deferred Taxation Balance Sheet Subtotal		2 447	2 816	1 781	3 261	2 164
Tax Expense Credit Applicable Tax Rate	14 062	19 397	6 690	14 701	2 564	89
Tax Increase Decrease From Effect Capital Allowances Depreciation	3 117	2 671	685	2 460	-53	2 523
Tax Increase Decrease From Effect Unrelieved Loss On Disposal Operations							-22 289
Tax Increase Decrease From Other Short-term Timing Differences		2 447	369	-1 034	1 480	-1 098	-2 164
Tax Increase Decrease From Other Tax Effects Tax Reconciliation			-378
Tax Tax Credit On Profit Or Loss On Ordinary Activities	17 179	23 788	7 423	16 127	3 967	1 514	-24 448	-170
Total Assets Less Current Liabilities	284 458	320 993	317 433	345 601	312 083	259 136	97 026	21 789
Trade Creditors Trade Payables	92 108	110 909	123 047	139 412	42 111	96 705	-106	-2 325
Trade Debtors Trade Receivables	209 292	151 117	162 395	169 287	75 585	90 638	2 694
Unpaid Contributions To Pension Schemes		255	886	1 696	1 149	1 306	140
Director Remuneration	36 551	36 982