Crane Electronics Limited in Hinckley, LE10 3EY

Description

Data updated on: 01-11-2023

Crane Electronics is a business registered at LE10 3EY Hinckley at 3 Watling Drive. The company has been operating since 1971 and is established under reg. no. 01029811. The company has been operating on the British market for 53 years now and company last known status is active. This enterprise's registered with SIC code 26200 which means Manufacture of computers and peripheral equipment. 2022-11-30 is the last time when the company accounts were reported.

The data obtained regarding this enterprise's MDs indicates that there are six directors: Sean G., Andreas T., Michael M. and 3 other directors have been described below who joined the company's Management Board on Thursday 7th December 2023, Wednesday 1st March 2023 and Wednesday 16th May 2018. To support the directors in their duties, this particular business has been utilizing the skillset of Michael M. as a secretary since 2018.

The companies that control this firm include: Crane Group Ltd owns over 3/4 of company shares. This business can be reached in Hinckley at Watling Drive, LE10 3EY, Leicestershire.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-11-30	2021-11-30	2022-11-30
Currency

Balance Sheet
Cash Bank On Hand	2 288 733	1 194 628	1 164 789
Current Assets	4 739 097	4 729 886	5 002 118
Debtors	1 539 591	3 982 726	2 851 080
Net Assets Liabilities	1 951 369	2 727 040	3 039 453
Other Debtors	288	436 648	5 000
Property Plant Equipment	781 896	137 404	106 231
Total Inventories	910 773	925 107	986 249

Other Financial Data
Audit Fees Expenses	13 520	11 970	14 875
Taxation Compliance Services Fees		800	880
Accrued Liabilities Deferred Income	260 486	237 071	268 684
Accumulated Depreciation Impairment Property Plant Equipment	987 558	859 690	663 662
Additions Other Than Through Business Combinations Property Plant Equipment		44 439	17 799
Administrative Expenses	1 877 188	2 017 345	2 363 591
Amounts Owed By Group Undertakings	369 834	1 998 883	2 134 446
Amounts Owed To Group Undertakings	1 831 841	1 576 138	1 399 901
Average Number Employees During Period	53	48	52
Bank Borrowings	548 746
Bank Borrowings Overdrafts	514 578
Corporation Tax Recoverable	25 212	25 211	725
Cost Sales	1 694 298	1 823 879	2 020 867
Creditors	514 578	797 850	2 097 491
Current Tax For Period	-25 211		-725
Deferred Tax Asset Debtors			23 072
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	14 969	-3 577	241
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	4 491	-4 497	-36 184
Depreciation Expense Property Plant Equipment	70 205	70 509	48 972
Derivative Liabilities	674 712	797 850	71 262
Dividends Paid	1 944 030
Dividends Paid On Shares Interim	1 944 030
Finished Goods Goods For Resale	43 025	23 958	31 264
Fixed Assets	788 913	144 421	134 826
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss		535 172
Future Minimum Lease Payments Under Non-cancellable Operating Leases	35 265	71 213	66 159
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	117 878	-24 343	-223 390
Gain Loss On Disposals Property Plant Equipment		1 788	20 000
Government Grant Income	109 481	3 225
Gross Profit Loss	1 635 054	1 952 146	2 257 318
Increase Decrease In Current Tax From Adjustment For Prior Periods		38 222	-33 739
Increase From Depreciation Charge For Year Property Plant Equipment		70 509	48 972
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	13 714
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	170	3 289	385
Interest Income On Bank Deposits	701
Interest Payable Similar Charges Finance Costs	13 884	3 289	385
Investments Fixed Assets	7 017	7 017	28 595
Investments In Subsidiaries	7 017	7 017	28 595
Net Assets Liabilities Subsidiaries		1 881 020
Net Current Assets Liabilities	1 694 643	3 393 581	2 904 627
Net Finance Income Costs	1 515
Nominal Value Allotted Share Capital	741 833	741 833	741 833
Number Shares Allotted		741 833	741 833
Number Shares Issued Fully Paid	741 833	741 833
Operating Profit Loss	69 903	774 751	242 150
Other Creditors	71 405	32 818	24 514
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		198 377	245 000
Other Disposals Property Plant Equipment		816 799	245 000
Other Interest Income	814
Other Interest Receivable Similar Income Finance Income	1 515
Other Operating Income Format1	312 037	304 778	348 423
Other Taxation Social Security Payable	51 241	49 707	44 579
Par Value Share		1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	68 461	53 919	57 592
Percentage Class Share Held In Subsidiary		100	100
Prepayments Accrued Income	44 910	65 630	151 443
Profit Loss	78 254	775 959	312 413
Profit Loss On Ordinary Activities Before Tax	57 534	771 462	241 765
Profit Loss Subsidiaries		177 578
Property Plant Equipment Gross Cost	1 769 454	997 094	769 893
Raw Materials Consumables	678 980	718 362	750 663
Social Security Costs	143 902	168 691	166 778
Staff Costs Employee Benefits Expense	1 818 385	1 675 182	1 788 516
Taxation Including Deferred Taxation Balance Sheet Subtotal	17 609	13 112
Tax Decrease Increase From Effect Revenue Exempt From Taxation		101 682
Tax Expense Credit Applicable Tax Rate	10 931	146 578	45 935
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-61 491	-85 319	-82 709
Tax Increase Decrease From Effect Capital Allowances Depreciation		-2 457	-1 015
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	14 871	3 738	639
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-20 720	-4 497	-70 648
Total Assets Less Current Liabilities	2 483 556	3 538 002	3 039 453
Total Borrowings	514 578
Total Current Tax Expense Credit			-34 464
Total Operating Lease Payments	42 173	56 506	110 690
Trade Creditors Trade Payables	120 601	182 156	288 551
Trade Debtors Trade Receivables	401 121	496 734	520 276
Turnover Revenue	3 329 352	3 776 025	4 278 185
Wages Salaries	1 606 022	1 452 572	1 564 146
Work In Progress	188 768	182 787	204 322
Company Contributions To Defined Benefit Plans Directors	25 761	26 853	25 832
Director Remuneration	321 203	372 967	354 069
Director Remuneration Benefits Including Payments To Third Parties	346 964	399 820	379 901