Challenge Logistics Limited in Wigan, WN3 6PS

Description

Data updated on: 01-11-2023

This company known as Challenge Logistics was established on 2014/04/07 as a Private Limited Company. The firm's headquarters may be reached at Wigan on 1 Smithy Court, Smithy Brook Road. Should you need to get in touch with the business by mail, its post code is WN3 6PS. The office registration number for Challenge Logistics Limited is 08981112. The company currently known as Challenge Logistics Limited was known as Challenge Transport And Distribution until 2022/04/01 at which point the business name was changed. The firm's registered with SIC code 49410, that means Freight transport by road. March 31, 2022 is the last time when account status updates were reported.

When it comes to this particular enterprise's executives list, for one year there have been five directors including: Scott C., Daniel A. and Paedar O..

Previous company's names
Challenge Logistics Limited 2022-04-01
Challenge Transport And Distribution Limited 2014-04-07

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	253 426	165 920	135 990	115 832
Current Assets	7 170 280	10 636 306	24 825 977	10 339 483
Debtors	6 916 854	10 470 386	24 757 199	10 223 651
Net Assets Liabilities	320 578	1 294 775	3 807 844	5 190 827
Other Debtors	5 985	225 094
Property Plant Equipment	15 048	183 261	24 982	8 298

Other Financial Data
Audit Fees Expenses	4 525	4 525
Other Non-audit Services Fees	1 860	1 860
Accrued Liabilities Deferred Income	197 393	532 535	275 185	713 621
Accumulated Depreciation Impairment Property Plant Equipment	27 972	30 909	38 033	54 717
Additions Other Than Through Business Combinations Property Plant Equipment		171 150
Administrative Expenses	272 710	699 850	1 681 453	676 144
Amounts Owed By Group Undertakings	4 982 879	7 348 372	18 755 936	7 308 238
Amounts Owed To Group Undertakings	3 378 971	6 919 542	14 704 192	2 424 081
Bank Borrowings	1 021 221	1 494 060	3 795 204	640 581
Bank Borrowings Overdrafts	1 021 221	1 494 060	3 795 204	640 581
Corporation Tax Payable	192 445	48 165	577 448	612 180
Corporation Tax Recoverable		47 522
Cost Sales	11 186 477	11 749 477	25 882 918	17 406 941
Creditors	6 861 891	9 489 972	21 105 580	5 154 879
Current Tax For Period	112 466	-65 580	667 717	239 141
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-1 355	31 961
Depreciation Expense Property Plant Equipment	4 348	2 937	219 487	16 684
Dividends Paid	850 000
Dividends Paid On Shares Interim	850 000
Further Item Interest Expense Component Total Interest Expense	1 291
Further Item Tax Increase Decrease Component Adjusting Items	15 360	-47 522
Future Minimum Lease Payments Under Non-cancellable Operating Leases		2 190	2 190
Gain Loss On Disposals Property Plant Equipment	-12 190
Gross Profit Loss	1 274 692	1 660 178	5 225 794	2 462 726
Increase Decrease In Current Tax From Adjustment For Prior Periods	15 360	-47 522
Increase From Depreciation Charge For Year Property Plant Equipment		2 937	219 487	16 684
Interest Expense On Debt Securities In Issue Other Similar Loans	55 689	67 272
Interest Payable Similar Charges Finance Costs	56 980	67 272	190 315	111 223
Net Current Assets Liabilities	308 389	1 146 334	3 759 579	5 184 604
Operating Profit Loss	1 001 982	960 328	3 287 129	1 786 582
Other Taxation Social Security Payable	161 404	113 663	722 569	550 495
Prepayments Accrued Income	781 749	876 216	1 072 069	1 224 997
Profit Loss	818 531	974 197	2 513 069	1 411 013
Profit Loss On Ordinary Activities Before Tax	945 002	893 056	3 096 814	1 647 482
Property Plant Equipment Gross Cost	43 020	214 170	63 015
Taxation Including Deferred Taxation Balance Sheet Subtotal	2 859	34 820
Tax Expense Credit Applicable Tax Rate	179 550	169 681	637 265	313 022
Tax Increase Decrease Arising From Group Relief Tax Reconciliation	-70 720	-203 313
Tax Increase Decrease From Effect Capital Allowances Depreciation	3 143	-31 960	-30 073	3 170
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	493	12	379
Tax Increase Decrease From Other Short-term Timing Differences	-1 355	31 961
Tax Tax Credit On Profit Or Loss On Ordinary Activities	126 471	-81 141	611 775	236 469
Total Assets Less Current Liabilities	323 437	1 329 595	3 784 561	5 192 902
Total Borrowings	1 021 221	1 494 060
Total Current Tax Expense Credit	127 826	-113 102	871 030	239 141
Total Operating Lease Payments	62 781	44 407
Trade Creditors Trade Payables	1 910 457	382 007	991 800	213 921
Trade Debtors Trade Receivables	1 146 241	1 973 182	4 861 982	1 665 416
Turnover Revenue	12 461 169	13 409 655	30 918 712	19 869 667
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss			-30 073	-2 672
Amounts Owed By Associates				25 000
Applicable Tax Rate		19	19	19
Comprehensive Income Expense		1 253 777	2 513 069	1 411 013
Disposals Decrease In Depreciation Impairment Property Plant Equipment			212 363
Disposals Property Plant Equipment			261 825
Further Operating Expense Item Component Total Operating Expenses		42 612	3 417	6 827
Income From Related Parties			71 128
Interest Expense On Bank Overdrafts				8 257
Interest Expense On Loan Capital		67 272	190 315	102 966
Loans Owed By Related Parties			85 354	25 000
Number Shares Issued Fully Paid			100	100
Other Deferred Tax Expense Credit		31 961	-30 073	-2 672
Par Value Share			1	1
Provisions		34 820	4 747	2 075
Provisions For Liabilities Balance Sheet Subtotal		34 820	4 747	2 075
Restructuring Costs				27 877
Total Additions Including From Business Combinations Property Plant Equipment			110 670