Crosby Composites Limited in Brackley, NN13 7LF

Description

Data updated on: 01-11-2023

The firm operates as Crosby Composites Limited. The firm first started thirty eight years ago and was registered with 01991306 as the registration number. This headquarters of the company is located in Brackley. You can contact it at Unit C Nigel Court Ward Road, Buckingham Road Ind Estate. Established as Crosby G.r.p, this company used the name until 1998, the year it was changed to Crosby Composites Limited. This firm's Standard Industrial Classification Code is 32990 which means Other manufacturing n.e.c.. Crosby Composites Ltd released its account information for the financial year up to August 31, 2022. Its latest annual confirmation statement was released on March 21, 2023.

With seven recruitment advert since 2015-04-20, the company has been one of the most active ones on the employment market. Recently, it was employing job candidates in Wellingborough and Brackley. They search for applicants for such positions as: Project Manager - Brackley, Northamptonshire, Quality Inspector and Goods-in/out Materials Controller - Brackley, Northamptonshire.

Within this specific company, a number of director's obligations have so far been executed by Arun N., Nicolas B. and Paul F.. Within the group of these three managers, Paul F. has been with the company for the longest period of time, having become a vital addition to company's Management Board on 2014/09/04. In addition, the director's efforts are constantly helped with by a secretary - Martin T., who was chosen by the company in June 2022.

Previous company's names
Crosby Composites Limited 1998-04-28
Crosby G.r.p. Limited 1986-02-19

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31
Currency

Balance Sheet
Cash Bank On Hand	2 208 639	3 765 587	482 878	54 751	389 126
Current Assets	14 201 448	12 202 428	4 796 348	5 987 328	7 530 419
Debtors	11 058 558	7 292 417	2 961 458	3 500 011	3 854 975
Net Assets Liabilities	13 090 949	11 072 562	3 333 599	4 123 391	5 654 254
Other Debtors	1 276	38 355	421 677		899
Property Plant Equipment	1 784 260	1 675 621	1 344 697	1 321 364	1 146 678
Total Inventories	934 251	1 144 424	1 352 012	2 432 566

Other Financial Data
Audit Fees Expenses	31 475	13 500	13 500	14 850	16 330
Accrued Liabilities Deferred Income	372 673	202 171	142 769	133 075	423 124
Accumulated Depreciation Impairment Property Plant Equipment	2 853 651	1 955 496	2 318 189	2 670 274	3 005 877
Additions Other Than Through Business Combinations Property Plant Equipment		251 995	269 728	471 996	164 443
Administrative Expenses	1 686 261	1 620 582	2 151 960	1 931 065	2 438 394
Amounts Owed By Group Undertakings	4 000 000	4 317 305
Amounts Owed To Group Undertakings				1 000 781	547 988
Average Number Employees During Period	214	198	205	194	235
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment					100 120
Corporation Tax Payable	380 570	44 289
Corporation Tax Recoverable			256 704	349 805	199 060
Cost Sales	12 173 430	9 320 988	9 341 230	10 688 208	14 059 397
Creditors	2 698 538	2 603 990	2 670 237	3 011 884	38 885
Current Tax For Period	380 571	44 289	-256 704	-158 524
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	74 944	5 276	-64 288	36 208	-56 370
Depreciation Expense Property Plant Equipment	338 558	360 634	362 693	391 504
Dividends Paid		4 000 000	8 010 084
Dividends Paid On Shares Final		4 000 000	8 010 084
Equity Settled Share-based Payments Increase Decrease In Equity		93 882
Finance Lease Liabilities Present Value Total					38 885
Finance Lease Payments Owing Minimum Gross					58 381
Further Item Interest Expense Component Total Interest Expense	4 437	980
Further Item Tax Increase Decrease Component Adjusting Items	74 944	-31 798	-64 288	36 208	3 798
Future Minimum Lease Payments Under Non-cancellable Operating Leases	2 121 000	1 889 000	5 400 000	4 680 000	4 320 000
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss			3 631	5 883
Gain Loss On Disposals Property Plant Equipment	-8 103			-3 808
Government Grant Income		526 736	480 767
Gross Profit Loss	5 860 151	3 636 664	1 639 076	2 735 496
Increase Decrease In Current Tax From Adjustment For Prior Periods	-22 778	-31 798		101 870	3 798
Increase From Depreciation Charge For Year Property Plant Equipment		360 634	362 693	391 504	335 603
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	6 921	16 228	19 379	35 115
Interest Income On Bank Deposits	1 487	506	303	31	2 323
Interest Payable Similar Charges Finance Costs	11 358	17 208	19 379	35 115	85 516
Net Current Assets Liabilities	11 502 910	9 598 438	2 126 111	2 975 444	4 738 508
Net Finance Income Costs	1 530	506
Operating Profit Loss	4 173 890	2 016 082	-30 794	804 431
Other Creditors	376 529	1 259 116	1 493 366	395 969	41 293
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		1 258 789		39 419
Other Disposals Property Plant Equipment		1 258 789		51 277	3 526
Other Interest Income	43
Other Interest Receivable Similar Income Finance Income	1 530	506	303	31	2 323
Other Operating Income Format1		526 736	480 767
Other Provisions Balance Sheet Subtotal					75 000
Other Taxation Social Security Payable	475 474	539 272	364 952	519 472	803 463
Pension Other Post-employment Benefit Costs Other Pension Costs	105 951	119 833	124 673	143 038	239 897
Prepayments Accrued Income	186 721	50 933	102 055	107 349	243 611
Profit Loss	3 731 325	1 981 613	271 122	789 792	1 530 863
Profit Loss On Ordinary Activities Before Tax	4 164 062	1 999 380	-49 870	769 347	1 478 291
Property Plant Equipment Gross Cost	4 637 911	3 631 117	3 662 886	3 991 638	4 152 555
Provisions For Liabilities Balance Sheet Subtotal	196 221	201 497
Raw Materials Consumables	534 502	744 678	602 151	1 102 032
Share-based Payment Expense Cash Settled	46 941
Social Security Costs	460 274	454 215	429 056	523 557
Staff Costs Employee Benefits Expense	6 047 190	4 897 934	5 145 968	6 048 387	8 097 174
Taxation Including Deferred Taxation Balance Sheet Subtotal	196 221	201 497	137 209	173 417	117 047
Tax Decrease From Utilisation Tax Losses					7 508
Tax Expense Credit Applicable Tax Rate	791 172	379 882	-9 475	146 176	316 354
Tax Increase Decrease Arising From Group Relief Tax Reconciliation					-788
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-340 000	-377 705	-256 862	-178 795	-357 887
Tax Increase Decrease From Effect Capital Allowances Depreciation	-79 159	22 998	-59 279	-28 947	49 829
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings	-22 778
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	24	19 114	68 912	4 912
Tax Tax Credit On Profit Or Loss On Ordinary Activities	432 737	17 767	-320 992	-20 446	-52 572
Total Assets Less Current Liabilities	13 287 170	11 274 059	3 470 808	4 296 808	5 885 186
Total Current Tax Expense Credit	357 793	12 491	-256 704	-56 654	3 798
Total Operating Lease Payments	232 000	232 000	328 000	360 000
Trade Creditors Trade Payables	1 093 292	559 142	669 150	962 587	956 547
Trade Debtors Trade Receivables	3 230 587	2 885 824	2 181 022	3 042 857	3 411 405
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment			237 959	91 967
Turnover Revenue	18 033 581	12 957 652	10 980 306	13 423 704
Wages Salaries	5 480 965	4 323 886	4 592 239	5 381 792	7 191 288
Work In Progress	399 749	399 746	749 861	1 330 534
Company Contributions To Defined Benefit Plans Directors			1 534	22 699
Director Remuneration	183 807	183 404	123 868	182 510	237 214
Director Remuneration Benefits Including Payments To Third Parties			125 402	205 209	240 602