Charcroft Electronics Limited in Powys, LD5 4TH

Description

Data updated on: 01-11-2023

Charcroft Electronics came into being in 1974 as a company enlisted under no 01181853, located at LD5 4TH Powys at Dol-y-coed. The company has been in business for fifty years and its official state is active. The firm's registered with SIC code 46520: Wholesale of electronic and telecommunications equipment and parts. 2023/01/31 is the last time when account status updates were reported.

Because of this company's constant growth, it became unavoidable to acquire new company leaders, including: Roger T., Victoria M., Deborah R. who have been cooperating since 2021-08-01 to promote the success of this specific limited company.

Paul N. is the individual who has control over this firm, owns over 1/2 to 3/4 of company shares .

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-01-31	2018-01-31	2019-01-31	2020-01-31	2021-01-31	2022-01-31	2023-01-31
Currency

Balance Sheet
Cash Bank On Hand	1 736 664	1 579 486	1 270 438	1 728 803	1 794 176	1 742 194	713 133
Current Assets	4 993 674	5 354 412	5 959 441	6 417 357	7 252 080	7 374 004	8 442 586
Debtors	1 661 123	1 809 830	2 545 427	2 111 675	2 300 052	2 695 153	3 389 833
Net Assets Liabilities	4 064 125	4 389 287	4 771 162	5 212 440	5 490 925	5 698 261	6 019 391
Other Debtors	24 630	28 814	49 924	9	100	100	100
Property Plant Equipment	157 858	172 699	347 985	407 892	542 134
Total Inventories	1 595 887	1 965 096	2 143 576	2 576 879	3 157 852	2 936 657	4 339 620

Other Financial Data
Audit Fees Expenses			7 300	7 500	7 750
Accrued Liabilities Deferred Income			24 865	27 579	10 250
Accumulated Amortisation Impairment Intangible Assets		316 439	316 439	316 439	321 588	342 186	362 784
Accumulated Depreciation Impairment Property Plant Equipment	897 662	915 409	974 443	982 040	1 102 944	1 204 862	66 039
Additional Provisions Increase From New Provisions Recognised				6 805	30 102		4 679
Additions Other Than Through Business Combinations Intangible Assets					61 793
Additions Other Than Through Business Combinations Property Plant Equipment				154 625	255 146
Administrative Expenses			2 381 690	2 623 695	2 599 922	2 963 592	3 493 709
Amortisation Expense Intangible Assets					5 149
Amortisation Government Grants					-173 843
Applicable Tax Rate				19	19	19	19
Average Number Employees During Period	43	44	47	50	53	71	79
Bank Borrowings Overdrafts					883 333	200 000	283 333
Cash Cash Equivalents Cash Flow Value			1 270 438	1 728 803	1 794 176	1 742 194	483 428
Corporation Tax Payable			194 518	205 382	124 760	194 894	245 250
Cost Inventories Recognised As Expense Gross			7 707 537	7 928 060	7 548 537
Cost Sales			7 707 537	7 928 060	7 548 537	8 258 496	9 903 633
Creditors	1 082 074	1 133 290	1 534 827	1 604 567	1 438 256	483 333	283 333
Current Tax For Period			194 518	205 378	134 933	194 894	245 250
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-3 097	6 805	30 102
Deferred Tax Liabilities			1 437	8 242	38 344
Depreciation Expense Property Plant Equipment			59 034	73 972	120 904
Depreciation Rate Used For Property Plant Equipment		25	25	25	25
Disposals Decrease In Depreciation Impairment Property Plant Equipment		38 750		66 375			17 565
Disposals Property Plant Equipment		56 685		87 121			23 029
Dividend Declared Payable				66 240
Dividends Paid			424 622	450 984	390 540	602 324	638 354
Dividends Paid Classified As Financing Activities			424 622	384 744	456 780	-602 324	-638 354
Dividends Paid On Shares			424 622	384 744	390 540
Finished Goods			2 143 576	2 576 879	3 157 852
Fixed Assets	157 858	172 699	347 985	407 892	598 778	533 706	477 489
Further Department Item Average Number Employees Component Average Number List			17	18	20
Gain Loss In Cash Flows From Change In Accrued Items			15 674	2 714	-17 329
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			317 211	-10 078	-2 120	-17 823	606 495
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			-735 596	433 752	-188 377	-395 100	-694 680
Gain Loss In Cash Flows From Change In Inventories			-178 480	-433 303	-580 973
Gain Loss On Disposals Property Plant Equipment				754
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss			1 580	-36 598	6 179
Government Grant Income					173 843
Gross Profit Loss			3 374 529	3 721 627	3 258 150	3 955 351	4 764 090
Income Taxes Paid Refund Classified As Operating Activities				194 514	215 555	-124 760	-194 894
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-309 048	458 365	65 373	-51 982	-1 258 766
Increase Decrease In Current Tax From Unrecognised Timing Difference From Prior Period			265	1 049	1 049
Increase From Amortisation Charge For Year Intangible Assets					5 149		20 598
Increase From Depreciation Charge For Year Property Plant Equipment		56 497	59 034	73 972	120 904		110 483
Intangible Assets					56 644	36 046	15 448
Intangible Assets Gross Cost	316 439	316 439	316 439	316 439	378 232	378 232
Interest Income On Bank Deposits			5 079	6 513	1 989
Interest Received Classified As Operating Activities			5 079	6 513	1 989
Net Cash Flows From Used In Financing Activities			-424 622	-384 744	600 396	802 324	887 954
Net Cash Flows From Used In Investing Activities			-234 320	-133 125	-316 939	65 403	70 024
Net Cash Flows From Used In Operating Activities			349 894	976 234	-218 084	-815 745	300 788
Net Cash Generated From Operations			470 682	1 164 235	-4 518	-952 512	89 374
Net Current Assets Liabilities	3 911 600	4 221 122	4 424 614	4 812 790	5 813 824	5 683 436	5 865 462
Net Deferred Tax Liability Asset			-7 676	-3 956	-3 316
Operating Profit Loss			992 839	1 097 932	832 071	1 013 434	1 270 381
Other Creditors	167 720	118 443	276 595	242 469	205 848	190 618	276 661
Other Departments Average Number Employees			8	9	10
Other Interest Receivable Similar Income Finance Income			5 079	6 513	1 989	331	5 152
Other Operating Income Format1					173 843	21 675
Other Taxation Social Security Payable	421 787	460 793	370 052	335 138	315 764	261 144	544 995
Par Value Share				0	0		10
Prepayments Accrued Income			49 824	37 463	58 564
Proceeds From Borrowings Classified As Financing Activities					883 333
Proceeds From Government Grants Classified As Financing Activities					173 843
Proceeds From Sales Property Plant Equipment				21 500		-7 250	-5 152
Profit Loss			806 497	892 262	669 025	809 660	1 009 084
Profit Loss On Ordinary Activities Before Tax			997 918	1 104 445	834 060	1 001 758	1 259 013
Property Plant Equipment Gross Cost	1 055 520	1 088 108	1 322 428	1 389 932	1 645 078	208 004	1 028 036
Provisions			1 437	8 242	38 344	35 548	40 227
Provisions For Liabilities Balance Sheet Subtotal	5 333	4 534	1 437	8 242	38 344	35 548	40 227
Purchase Intangible Assets					61 793
Purchase Property Plant Equipment			234 320	154 625	255 146	-72 984	-80 328
Revenue From Sale Goods			11 082 066	11 649 687	10 806 687
Selling Average Number Employees			22	23	23
Staff Costs Employee Benefits Expense			1 759 485	1 884 035	1 966 545
Taxation Social Security Payable		460 793	564 570
Tax Expense Credit Applicable Tax Rate			189 604	209 845	158 471	190 334	239 212
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			1 357	1 289	4 537	559	544
Tax Increase Decrease From Other Tax Effects Tax Reconciliation			195	1 049	978
Tax Tax Credit On Profit Or Loss On Ordinary Activities			191 421	212 183	165 035	192 098	249 929
Total Assets Less Current Liabilities	4 069 458	4 393 821	4 772 599	5 220 682	6 412 602	6 217 142	6 342 951
Trade Creditors Trade Payables	492 567	554 054	693 662	727 759	781 634	843 912	1 080 513
Trade Debtors Trade Receivables	1 636 493	1 781 016	2 495 503	2 074 203	2 241 388	2 626 607	3 304 256
Turnover Revenue			11 082 066	11 649 687	10 806 687	858 138	1 703 864
Director Remuneration			73 602	102 249
Director Remuneration Benefits Excluding Payments To Third Parties			329 444	355 864	351 747
Number Directors Accruing Benefits Under Money Purchase Scheme			3	3	4
Bank Borrowings						483 333	200 000
Bank Overdrafts							229 705
Comprehensive Income Expense						809 660	1 009 084
Depreciation Amortisation Expense						129 315	131 081
Dividends Paid On Shares Interim						602 324	638 354
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities							-49 600
Future Minimum Lease Payments Under Non-cancellable Operating Leases						326 467	292 967
Gain Loss On Disposal Assets Income Statement Subtotal						-1 491	-312
Increase Decrease In Stocks Inventories Finished Goods Work In Progress						-221 195	1 402 963
Interest Expense On Bank Loans Similar Borrowings						12 007	16 520
Interest Paid Classified As Operating Activities						-12 007	-16 520
Interest Payable Similar Charges Finance Costs						12 007	16 520
Merchandise						2 936 657	4 339 620
Net Interest Received Paid Classified As Investing Activities						-331	-5 152
Number Shares Issued Fully Paid							9 120
Other Deferred Tax Expense Credit						-2 796	4 679
Prepayments						68 446	85 477
Repayments Borrowings Classified As Financing Activities						-200 000	-200 000
Total Additions Including From Business Combinations Property Plant Equipment							80 328
Total Borrowings						200 000	429 705