Cartwright Bros. (haulage) Limited in Lincoln, LN6 9AP

Description

Data updated on: 01-11-2023

Started with Reg No. 00726306 sixty two years ago, Cartwright Bros. (haulage) Limited is categorised as a Private Limited Company. The firm's actual mailing address is Cartwright Bros (haulage) Limited Freeman Road, North Hykeham Lincoln. This business's declared SIC number is 49410 which stands for Freight transport by road. The firm's latest annual accounts describe the period up to Mon, 28th Feb 2022 and the most current confirmation statement was filed on Sat, 5th Nov 2022.

Cartwright Bros Haulage Ltd is a large-sized transport company with the licence number OF0203226. The firm has four transport operating centres in the country. In their subsidiary in Lincoln on Mere Road, 25 trailers are available. The centre in Lincoln on North Hykeham has 22 machines, and the centre in Lincoln on North Hykeham is equipped with 13 machines and 5 trailers. They are equipped with 60 vehicles and 80 trailers.

As the information gathered suggests, the limited company was founded in 1962 and has so far been overseen by six directors, and out of them two (James C. and John C.) are still listed as current directors. To provide support to the directors, this specific limited company has been utilizing the skillset of John C. as a secretary since April 1993.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency

Balance Sheet
Cash Bank On Hand	1 250	1 250	8 500	8 615	8 615	8 620	98 138	8 187	21 245
Current Assets		1 404 468	1 306 575	2 726 933	3 158 350	3 559 860	3 319 388	3 204 473	4 162 041
Debtors		1 044 938	953 997	858 824	2 755 449	3 137 304	2 701 308	2 597 366	2 835 612
Net Assets Liabilities	1 744 093	2 054 223	1 961 004	2 510 305	2 551 388	2 553 607	2 488 966	3 389 652	3 036 153
Other Debtors		59 271	48 019	47 910	54 284	94 042	99 549	104 585	121 088
Property Plant Equipment	4 750 195	6 056 918	6 172 902	4 435 940	4 906 675	5 414 513	5 351 590	8 974 306	8 488 007
Total Inventories	334 706	358 280	344 078	305 270	394 286	413 936	519 942	598 920	605 184

Other Financial Data
Audit Fees Expenses							7 207	7 424	6 781
Accrued Liabilities Deferred Income		187 359	112 730	56 203	66 219	10 843	19 665	61 240	85 654
Accumulated Depreciation Impairment Property Plant Equipment		4 227 745	4 616 135	5 078 784	5 414 200	5 998 944	6 643 178	6 716 790	6 842 488
Additional Provisions Increase From New Provisions Recognised			94 002	131 425	128 197	74 114		412 649	415 160
Additions Other Than Through Business Combinations Property Plant Equipment								910 005	413 894
Administration Support Average Number Employees							15	17	16
Administrative Expenses		1 328 917	1 314 054	1 454 963	1 483 143	1 438 493	1 447 922	1 568 829	1 600 035
Amounts Owed By Directors							186 591	213 358	256 042
Applicable Tax Rate		20	20	19	19	19	19	19	19
Average Number Employees During Period		127	124	124	111	110	113	109	103
Bank Borrowings Overdrafts		474 309	436 669	396 735	356 513	1 212 500	1 112 500	213 153	285 000
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment							639 668	639 668	670 018
Cash Cash Equivalents Cash Flow Value		-487 630	-591 082	-659 147	-700 906	-20 803	98 138	8 187	21 245
Comprehensive Income Expense		278 114	8 781	651 301	208 684	141 715	103 407	1 281 088	-191 626
Corporation Tax Recoverable		67 679				98 325	59 685	103 567	201 270
Cost Sales		9 945 458	9 929 770	9 822 035	9 450 555	10 150 824	8 858 242	9 845 901	9 862 993
Creditors	1 494 802	2 148 725	1 650 907	1 676 000	1 551 946	3 066 402	3 306 526	4 257 731	4 671 082
Current Asset Investments									700 000
Current Tax For Period		-54 678	10 588	13 819	16 057	866	-21 964	-43 881	-113 893
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences							-23 878	315 956	348 192
Deferred Tax Liabilities							605 955	1 018 604	1 433 764
Depreciation Expense Property Plant Equipment		639 080	751 931	368 557	182 282	220 155	225 224	456 170	551 547
Disposals Decrease In Depreciation Impairment Property Plant Equipment			359 084		166 986	28 030	21 320	382 558	425 849
Disposals Property Plant Equipment			399 344		326 548	177 904	77 193	484 477	570 073
Distribution Average Number Employees							96	90	85
Dividends Paid		128 000	102 000	102 000	80 334	139 496	168 050	180 402	161 873
Dividends Paid Classified As Financing Activities		-128 000	-102 000	-102 000	-80 334	-139 496	-168 050	180 402	161 873
Dividends Paid On Shares						139 496	168 050	43 200	44 273
Finance Lease Liabilities Present Value Total		1 674 416	1 214 238	1 086 566	1 129 918	1 518 208	1 584 865	747 945	651 446
Finance Lease Payments Owing Minimum Gross							2 165 148	2 502 685	2 043 871
Fixed Assets	4 758 195	6 064 918	6 180 902	6 131 890	6 636 725	7 194 563	7 131 640	9 032 306	8 546 007
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss								1 039 837	269 403
Further Item Tax Increase Decrease Component Adjusting Items								-16 107	-66 968
Future Minimum Lease Payments Under Non-cancellable Operating Leases								4 745	13 424
Gain Loss In Cash Flows From Change In Accrued Items							8 822	41 575	24 414
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables		-21 913	104 030	-355 016	281 777	130 897	81 485	324 326	517 357
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables		78 849	94 379	224 359	-284 695	-284 052	412 895	-96 058	-97 859
Gain Loss In Cash Flows From Change In Inventories							-106 006	-78 978	-6 264
Gain Loss On Disposals Property Plant Equipment		-31 737	-13 960	30 000	797	-2 754	-5 583	-69 219	-76 224
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income								508 913	100 246
Government Grant Income							202 513	33 807
Gross Profit Loss		1 484 306	1 570 195	1 913 881	1 919 084	1 697 027	1 412 230	1 792 140	1 659 288
Income Expense Recognised Directly In Equity							-168 048	-180 402	-161 873
Income Taxes Paid Refund Classified As Operating Activities		4 000	104 622	-2 039	18 754	219	109 923	-43 881	-151 370
Income Tax Expense Credit On Components Other Comprehensive Income		-9 337						96 693	66 968
Increase Decrease Due To Transfers Between Classes Property Plant Equipment						-2 741 990		158 920
Increase Decrease Due To Transfers Into Or Out Property Plant Equipment									-574 072
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model								1 039 837
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		-85 655	-103 452	-68 065	-41 759	680 103	118 941	-89 951	13 058
Increase Decrease In Current Tax From Adjustment For Prior Periods							-21 964	10 788	-37 477
Increase Decrease In Net Debt From Cash Flows								712 508	-866 892
Increase From Depreciation Charge For Year Property Plant Equipment			751 931	606 990	624 884	612 774	665 554	456 170	551 547
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings							98 844	111 870	198 351
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts		69 416	50 667	129 008	71 575	24 582	81 834	110 927	135 972
Interest Income On Cash Cash Equivalents							16	1	201
Interest Paid Classified As Operating Activities		-86 906	-78 637	-96 315	-129 489	-214 354	-153 985	268 101	432 170
Interest Payable Similar Charges Finance Costs		156 322	129 304	225 323	201 064	238 936	235 819	268 101	432 170
Interest Received Classified As Operating Activities							4 122	4 475	8 466
Investment Property Fair Value Model				1 687 950	1 722 050	1 722 050	1 722 050	2 761 887
Investments							58 000	58 000	58 000
Investments Fixed Assets	8 000	8 000	8 000	8 000	8 000	58 000	58 000	58 000	58 000
Issue Equity Instruments							2
Net Cash Flows From Used In Financing Activities		-968 227	404 242	646 507	-183 318	-1 331 562	399 887	-640 480	-840 647
Net Cash Flows From Used In Investing Activities		1 761 128	909 171	26 050	951 418	1 169 194	644 382	-276 905	34 648
Net Cash Flows From Used In Operating Activities		-707 246	-1 209 961	-604 492	-726 341	-517 735	-1 163 210	827 434	819 057
Net Cash Generated From Operations		-859 568	-1 234 643	-862 099	-908 651	-756 452	-1 289 106	1 047 179	1 091 391
Net Current Assets Liabilities	-1 119 143	-1 469 770	-2 082 789	-1 479 258	-1 977 672	-944 721	-730 193	-1 053 258	-509 041
Net Debt Funds							3 329 510	4 042 018	3 175 126
Net Deferred Tax Liability Asset							-210 828	-79 242	-115 223
Number Shares Issued Fully Paid			8 000	8 000	8 000	8 000	2	2	2
Operating Profit Loss		155 389	256 141	215 746	498 980	313 769	229 593	1 404 569	395 622
Other Comprehensive Income Expense Net Tax		225 749	-30 111	518 779	16 400			412 220	33 278
Other Creditors		10 836	52 747	53 617	121 483	142 637	81 773	1 673 668	2 096 176
Other Finance Costs							55 141	45 304	97 847
Other Interest Receivable Similar Income Finance Income			2 815	12 509	4 522	4 172	4 122	4 475	8 466
Other Investments Other Than Loans		8 000	8 000	8 000	8 000	58 000	58 000	58 000	58 000
Other Operating Income Format1				59 900	63 039	55 235	265 285	141 421	66 966
Other Remaining Operating Income							7 472	49 149	10 866
Other Taxation Social Security Payable		432 875	440 116	100 565	165 521	211 076	166 202	525 054	533 314
Par Value Share			1	1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities		1 057 709	-276 442	-527 281	210 691	448 914	-5 211	1 143 750	763 794
Pension Costs Defined Contribution Plan							52 111	53 611	61 886
Pension Other Post-employment Benefit Costs Other Pension Costs		20 792	15 007	60 611	41 041	40 924	59 162	60 691	75 456
Prepayments Accrued Income		506 043	463 596	278 997	477 045	574 060	498 500	227 070	215 840
Proceeds From Borrowings Classified As Financing Activities					-774 853	-2 210 137	-550 000	1 583 213	390 000
Proceeds From Government Grants Classified As Financing Activities							202 513	33 807
Proceeds From Issuing Shares							-2
Proceeds From Sales Property Plant Equipment		-65 648	-26 300	-30 000	-160 359	-147 120	-10 000	32 700	68 000
Profit Loss		52 365	38 892	132 522	192 284	141 715	103 407	772 175	-224 904
Profit Loss On Ordinary Activities Before Tax		-933	129 652	1 130 263	336 538	79 005	-2 104	1 140 943	-28 082
Property Plant Equipment Gross Cost		10 284 663	10 789 037	9 514 724	10 320 875	11 413 457	11 994 768	15 691 096	15 330 495
Provisions		392 200	486 202	617 627	555 719	629 833	605 955	1 018 604	1 433 764
Provisions For Liabilities Balance Sheet Subtotal	400 157	392 200	486 202	617 627	555 719	629 833	605 955	1 018 604	1 433 764
Purchase Property Plant Equipment		-1 826 776	-938 286	-68 559	-1 116 299	-1 270 486	-658 504	309 605	33 352
Raw Materials		358 280	344 078	305 270	394 286	413 936	519 942	598 920	605 184
Rental Leasing Income							55 300	58 465	56 100
Repayments Borrowings Classified As Financing Activities		28 311	45 317		-777 765	-1 254 635	-306 736	933 348	304 980
Revenue From Rendering Services							10 270 472	11 638 041	11 522 281
Social Security Costs		304 113	293 560	301 896	309 261	307 252	304 618	329 334	359 723
Staff Costs Employee Benefits Expense		3 647 389	3 621 080	3 531 688	3 547 253	3 544 034	3 586 352	3 741 949	3 795 780
Tax Expense Credit Applicable Tax Rate		-187	25 930	214 750	63 942	15 011	-400	216 779	-5 336
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit							-59 669	-50 000	-133 893
Tax Increase Decrease From Effect Capital Allowances Depreciation		-68 241	5 503	26 709	-49 054	-145 482	-12 899	202 847	123 057
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		15 470	6 257	6 219	6 095	6 685	5 496	5 976	6 748
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward							7 803	-1 515	-9 208
Tax Tax Credit On Profit Or Loss On Ordinary Activities		-53 298	90 760	113 582	144 254	-62 710	-105 511	368 768	196 822
Total Assets Less Current Liabilities	3 639 052	4 595 148	4 098 113	4 677 881	4 659 053	6 249 842	6 401 447	7 979 048	8 036 966
Total Current Tax Expense Credit		-54 678	-3 242	-17 843	16 057	-136 824	-81 633	-43 881	-151 370
Total Increase Decrease From Revaluations Property Plant Equipment			-34 568	514 668	16 400			1 548 750	369 650
Trade Creditors Trade Payables		1 084 760	1 202 557	996 437	1 246 991	1 349 768	1 318 851	1 036 671	1 019 492
Trade Debtors Trade Receivables		386 420	345 740	418 049	2 052 546	2 199 825	1 856 984	1 948 786	2 041 372
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment						-1 729 237		88 130
Turnover Revenue		11 429 764	11 499 965	11 657 378	11 369 639	11 847 851	10 270 472	11 638 041	11 522 281
Wages Salaries		3 322 484	3 312 513	3 199 631	3 196 951	3 195 858	3 222 572	3 351 924	3 360 601
Advances Credits Directors						171 051	186 591	213 358	256 042
Advances Credits Made In Period Directors							68 272	42 817	79 084
Advances Credits Repaid In Period Directors							52 732	16 050	36 400
Company Contributions To Money Purchase Plans Directors							2	2	13 570
Director Remuneration		53 550	47 363	53 500	92 486	79 500	74 610	19 240	19 240
Director Remuneration Benefits Excluding Payments To Third Parties							74 612	19 242	32 810
Number Directors Accruing Benefits Under Money Purchase Scheme								2	2
Amount Specific Advance Or Credit Directors	31 640	9 211	47 893	27 098	41 684	41 289	41 243
Amount Specific Advance Or Credit Made In Period Directors		9 211	38 682	18 205	14 586	30 152	28 392
Amount Specific Advance Or Credit Repaid In Period Directors		15 326		39 000		30 547	28 438
Dividend Recommended By Directors			102 000	102 000	80 334	139 496	168 050
Number Directors Accruing Benefits Under Defined Benefit Scheme		1	1	1
Bank Borrowings		577 065	560 803	465 531	2 034 909	3 066 382	2 471 738
Bank Overdrafts	403 225	488 880	599 582	667 762	709 521	29 423
Corporation Tax Payable			33 701	13 819	48 630	10 350
Depreciation Amortisation Expense		639 080	751 931	466 760	502 402	612 734	665 556
Dividend Per Share Interim			13	13
Dividends Paid On Shares Final				102 000	80 334	139 496	3 600
Dividends Paid On Shares Interim		128 000	102 000	102 000
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities					-113 579	-42	-7
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax		216 412	-30 111	-642 752	16 400
Further Item Interest Expense Component Total Interest Expense		34 973	26 249	42 932	48 271	119	35 278
Gain Loss On Disposal Assets Income Statement Subtotal		-31 737	-13 960	30 000	797	-2 754	-5 583
Increase Decrease In Property Plant Equipment					34 395	1 112 454	300 719
Increase Decrease In Stocks Inventories Finished Goods Work In Progress		23 574	-14 202	-38 808	89 016	19 650	106 006
Interest Expense On Bank Loans Similar Borrowings		44 066	41 518	55 641	66 218	155 796	98 844
Interest Expense On Bank Overdrafts		7 867	10 870	13 896	15 000	3 100
Investment Property				1 687 950	1 722 050	1 722 050	1 722 050
Issue Bonus Shares Decrease Increase In Equity			30 111	-518 779
Net Interest Received Paid Classified As Investing Activities			-2 815	-12 509	-4 522	-4 172	-4 122
Other Deferred Tax Expense Credit		1 380	94 002	-58 680	128 197	74 114	-23 878
Other Remaining Borrowings				66 648	65 515	124 618	442 959
Payments To Related Parties		24 473	47 268	7 680
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment			-4 457	-4 111
Tax Decrease From Utilisation Tax Losses		-52 958	27 666	66 069	4 774
Total Additions Including From Business Combinations Property Plant Equipment			938 286	64 448	1 116 299	1 270 486	658 504
Total Borrowings		3 307 133	3 198 420	4 168 271	4 465 875	5 266 164	4 636 886
Total Operating Lease Payments		177 394	49 565	123 466	127 370	82 820	75 998
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss							-23 878
Dividend Per Share Final						19 969	3 600
Nominal Value Shares Issued Specific Share Issue							1