Elite Kl Limited in Tamworth, B77 4DS

Description

Data updated on: 01-11-2023

This firm called Elite Kl was started on October 28, 1996 as a Private Limited Company. This company's office could be found at Tamworth on Elite House Sandy Way, Amington Industrial Estate. If you want to contact this business by mail, the zip code is B77 4DS. The office registration number for Elite Kl Limited is 03270136. This company changed its business name two times. Until 2014 this firm has been working on providing its services as Elite Automotive Systems but now this firm is listed under the business name Elite Kl Limited. This company's Standard Industrial Classification Code is 29320 meaning Manufacture of other parts and accessories for motor vehicles. Elite Kl Ltd filed its latest accounts for the financial period up to 2022-12-31. The business latest annual confirmation statement was submitted on 2022-10-28.

In this company, the majority of director's duties have so far been done by Aharon A., Reuven S., Lilach S. and 2 others listed below. As for these five individuals, Dan W. has managed company for the longest period of time, having been a vital addition to the Management Board for thirteen years.

Previous company's names
Elite Kl Limited 2014-04-10
Elite Automotive Systems Limited 1996-11-08
Blackbell Limited 1996-10-28

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	2 322 396	1 655 938	2 315 328	400 927	265 403
Current Assets	4 422 171	4 907 914	5 827 295	6 001 950	6 130 147
Debtors	743 769	959 880	1 419 844	2 529 345	2 515 328
Net Assets Liabilities		4 914 129	5 604 063	6 109 354	6 202 531
Other Debtors	5 000	3 334	1 867		52 543
Property Plant Equipment	1 460 847	1 510 741	1 528 527	1 575 818	1 923 548
Total Inventories	1 356 006	2 292 096	2 092 123	3 071 678

Other Financial Data
Audit Fees Expenses	8 500	8 700	9 000	10 340	7 700
Other Non-audit Services Fees				14 480	15 525
Taxation Compliance Services Fees				900	1 000
Accrued Liabilities Deferred Income	643 445	334 828	432 249	175 689	157 843
Accumulated Depreciation Impairment Property Plant Equipment	591 269	693 789	812 864	933 544	1 109 874
Additions Other Than Through Business Combinations Property Plant Equipment		152 414	145 149	188 629	524 060
Administrative Expenses	1 930 301	2 030 458	2 259 243	2 254 827	2 940 340
Amounts Owed By Group Undertakings	56 294	4 086	461 116	510 710	224 855
Average Number Employees During Period		47	55	61	61
Corporation Tax Payable	43 979	72 277	62 553		36 099
Corporation Tax Recoverable				72 893
Cost Sales	3 601 355	4 304 071	5 069 404	5 206 414	6 310 592
Creditors	1 557 586	1 504 526	1 530 900	1 182 764	1 538 761
Current Tax For Period	128 596	142 277	164 239	108 863	26 255
Deferred Income			227 419	72 632
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-900		5 000	9 000	28 000
Depreciation Expense Property Plant Equipment	87 416	102 520	127 363	141 338
Distribution Costs	32 715	40 763	54 822	103 889	97 464
Finished Goods Goods For Resale	1 356 006	2 292 096	2 092 123	3 071 678	3 129 763
Further Item Deferred Expense Credit Component Total Deferred Tax Expense	300			23 000
Further Item Tax Increase Decrease Component Adjusting Items	9 658	8 484	-42 490	-4 502	-7 492
Future Minimum Lease Payments Under Non-cancellable Operating Leases	6 467	21 192	145 965	91 547	81 691
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-12 030	-1 833	-1 693	-2 639	-17 562
Gain Loss On Disposals Property Plant Equipment			2 208	8 425
Government Grant Income			49 326	9 230
Gross Profit Loss	2 581 808	2 770 431	3 081 422	2 923 304
Increase Decrease In Current Tax From Adjustment For Prior Periods	-24 624	-31 270	-42 490	-60 919	-1 484
Increase From Depreciation Charge For Year Property Plant Equipment		102 520	127 363	141 338	176 330
Interest Income On Bank Deposits		1
Interest Payable Similar Charges Finance Costs	7				38
Net Current Assets Liabilities	2 864 585	3 403 388	4 080 536	4 819 186	4 591 386
Net Finance Income Costs		494
Operating Profit Loss	618 792	699 210	816 683	573 818
Other Creditors	25 814	24 840	6 051	13 707	28 918
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			8 288	20 658
Other Disposals Property Plant Equipment			8 288	20 658
Other Interest Income		493		11 417	12 532
Other Interest Receivable Similar Income Finance Income		494		11 417	12 532
Other Operating Income Format1			49 326	9 230
Other Provisions Balance Sheet Subtotal			215 859	248 650	247 403
Other Taxation Social Security Payable	75 320	67 961	208 554	85 320	53 022
Pension Other Post-employment Benefit Costs Other Pension Costs	36 901	52 816	41 263	53 686	61 644
Prepayments Accrued Income	81 252	87 821	87 312	89 507	212 604
Profit Loss	515 413	588 697	689 934	505 291	93 177
Profit Loss On Ordinary Activities Before Tax	618 785	699 704	816 683	585 235	145 948
Property Plant Equipment Gross Cost	2 052 116	2 204 530	2 341 391	2 509 362	3 033 422
Social Security Costs	139 782	160 814	158 793	197 399
Staff Costs Employee Benefits Expense	1 646 736	1 965 674	2 062 005	2 165 279	2 410 805
Taxation Including Deferred Taxation Balance Sheet Subtotal			5 000	37 000	65 000
Tax Expense Credit Applicable Tax Rate	117 569	132 944	155 170	111 195	27 730
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings					22 513
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 369	849	5 600	1 797	816
Tax Tax Credit On Profit Or Loss On Ordinary Activities	103 372	111 007	126 749	79 944	52 771
Total Assets Less Current Liabilities	4 325 432	4 914 129	5 609 063	6 395 004	6 514 934
Total Current Tax Expense Credit	103 972	111 007	121 749	47 944	24 771
Total Deferred Tax Expense Credit	-600		5 000	32 000	28 000
Total Operating Lease Payments			48 032	51 119
Trade Creditors Trade Payables	769 028	1 004 620	809 933	835 416	1 262 879
Trade Debtors Trade Receivables	601 223	864 639	869 549	1 856 235	2 025 326
Turnover Revenue	6 183 163	7 074 502	8 150 826	8 129 718
Wages Salaries	1 470 053	1 752 044	1 861 949	1 914 194	2 137 718