Electric Centre Limited in West Midlands, B92 8JL

Description

Data updated on: 01-11-2023

1994 is the year of the beginning of Electric Centre Limited, a company which is located at 97 Hobs Moat Road, Solihull in West Midlands. That would make thirty years Electric Centre has prospered in this business, as the company was created on 1994-11-07. The company's registered no. is 02987331 and the company area code is B92 8JL. This business's principal business activity number is 46439 which stands for Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them). Thursday 30th June 2022 is the last time company accounts were filed.

On May 27, 2014, the company was employing a Trainee Electrical Merchant to fill a full time post in East Molesey, Home Counties. They offered a full time job with wage £7.7 per hour. The offered job required no experience and a CSE or its equivalent. Applicants for the job were asked to contact the company at the following email address: gareth.zealand@electric-center.co.uk.

18 transactions have been registered in 2015 with a sum total of £3,444. In 2014 there were less transactions (exactly 12) that added up to £19,903. The Council conducted 8 transactions in 2013, this added up to £4,688. All the transactions taken into account were valued at 500 pounds or more. In total, the company conducted 49 transactions and issued invoices for £35,139. Cooperation with the Solihull Metropolitan Borough Council council covered the following areas: Highways & Transport Services.

With regards to the firm, a variety of director's obligations have so far been met by Jason P. who was arranged to perform management duties in 2017 in November. Since 1994 Janet N., had fulfilled assigned duties for the firm up until the resignation on 2000-11-15. What is more a different director, specifically Martyn N. gave up the position on 2000-11-15. In addition, the director's efforts are helped with by a secretary - Paula P., who was chosen by the firm on 2017-11-23.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency

Balance Sheet
Cash Bank On Hand	141 463	214 615	96 383	86 900	112 855	111 783	131 863	193 538
Current Assets		385 290	306 686	290 229	322 571	403 089	438 973	471 151
Debtors	117 533	104 408	129 125	119 748	123 416	194 779	198 276	154 725
Net Assets Liabilities		142 506	138 994	166 937	134 838	185 358	270 710	310 695
Other Debtors	8 480	3 453	4 724	3 936	2 938	2 580	2 723	3 179
Property Plant Equipment	23 059	17 293	12 969	10 555	14 884	8 343	26 946	19 310
Total Inventories	65 055	66 267	81 178	83 581	86 300	96 527	108 834

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	35 628	41 394	45 718	49 237	53 708	50 930	58 413	50 104
Amounts Owed By Related Parties	3 047
Amounts Owed To Group Undertakings			73 000	28 000	60 000	60 000	500
Average Number Employees During Period			7	7	8	7	6	8
Corporation Tax Payable	9 372	13 822	10 602	9 386	16 967	19 998	13 258
Corporation Tax Recoverable						12 964
Creditors	91 325	256 792	178 197	131 842	201 113	224 644	188 471	174 938
Increase From Depreciation Charge For Year Property Plant Equipment		5 766	4 324	3 519	4 471	4 715	7 483	6 439
Net Current Assets Liabilities		128 498	128 489	158 387	121 458	178 445	250 502	296 213
Number Shares Issued Fully Paid		100	100	100
Other Creditors	14 985	171 653	1 888	3 300	3 420	5 968	16 072	16 427
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						7 493		14 748
Other Disposals Property Plant Equipment						13 298		15 945
Other Taxation Social Security Payable	12 055	13 001	13 706	14 670	26 307	12 618	16 776	37 446
Par Value Share		1	1	1
Property Plant Equipment Gross Cost	58 687	58 687	58 687	59 792	68 592	59 273	85 359	69 414
Provisions For Liabilities Balance Sheet Subtotal		3 285	2 464	2 005	1 504	1 430	6 738	4 828
Total Additions Including From Business Combinations Property Plant Equipment				1 105	8 800	3 979	26 086
Total Assets Less Current Liabilities		145 791	141 458	168 942	136 342	186 788	277 448	315 523
Trade Creditors Trade Payables	54 913	58 316	79 001	76 486	94 419	126 060	141 865	121 065
Trade Debtors Trade Receivables	106 006	100 955	124 401	115 812	120 478	179 235	195 553	151 546