Farrellys Metal Polishers Limited in Wednesbury, WS10 7BJ

Description

Data updated on: 01-11-2023

2002 signifies the launching of Farrellys Metal Polishers Limited, a company which is situated at Unit 5 Newman Park, Western Way in Wednesbury. This means it's been 22 years Farrellys Metal Polishers has existed in this business, as the company was started on 2002-10-22. The reg. no. is 04569768 and the zip code is WS10 7BJ. The firm's classified under the NACE and SIC code 25610 which stands for Treatment and coating of metals. Farrellys Metal Polishers Ltd reported its latest accounts for the period that ended on 2022-03-31. Its latest annual confirmation statement was released on 2022-11-12.

Farrellys Metal Polishers Ltd is a small-sized vehicle operator with the licence number OD1083353. The firm has one transport operating centre in the country. In their subsidiary in Wednesbury on Western Way, 2 machines are available.

According to the information we have, this particular firm was formed 22 years ago and has been run by six directors, and out of them four (Stephen F., Paula W., Michael F. and Stephen F.) are still a part of the company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	296 548	307 938	282 705	290 733	241 404

Balance Sheet
Cash Bank In Hand	78 352	51 071	60 390	81 525	2 522
Cash Bank On Hand					2 522	10 961	1	15 240	1	29 306	5 934
Current Assets	838 739	680 047	762 735	793 878	649 428	665 848	508 493	517 521	417 605	546 359	463 939
Debtors	754 843	618 769	692 298	687 569	607 253	639 887	493 492	487 336	402 629	502 078	443 030
Intangible Fixed Assets	220 000	200 000	180 000	160 000	140 000
Net Assets Liabilities					228 883	178 784	143 673	109 223	-69 954	-156 025	-278 252
Net Assets Liabilities Including Pension Asset Liability	296 548	307 938	282 705	290 733	241 404
Other Debtors					82 803	79 679	125 605	176 600	146 648	162 745	166 131
Property Plant Equipment					456 378	466 021	404 842	341 771	289 843	220 428	164 686
Stocks Inventory	5 544	10 207	10 047	24 784	39 653
Tangible Fixed Assets	344 414	339 613	331 253	488 822	456 378
Total Inventories					39 653	15 000	15 000	14 945	14 975	14 975	14 975

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	231 500	237 298	214 629	225 403	178 697
Shareholder Funds	296 548	307 938	282 705	290 733	241 404

Other Financial Data
Amount Specific Advance Or Credit Directors				4 370	675	367	6 314	6 314	8 314	9 521	9 521
Amount Specific Advance Or Credit Made In Period Directors					5 045	1 097	6 681		2 000
Amount Specific Advance Or Credit Repaid In Period Directors					4 370	2 139
Accumulated Amortisation Impairment Intangible Assets					160 000	180 000	200 000	220 000	240 000	260 000	280 000
Accumulated Depreciation Impairment Property Plant Equipment					201 751	262 896	327 798	401 083	475 261	546 843	614 499
Average Number Employees During Period					42	48	40	27	27	27	25
Bank Borrowings Overdrafts					9 700		28 450		19 717
Bank Overdrafts					9 700		28 450		19 717
Creditors					74 965	87 029	56 956	27 674	33 616	58 060	40 568
Creditors Due After One Year	3 267	15 614	3 710	106 020	74 965
Creditors Due Within One Year	1 058 338	848 275	939 839	965 278	856 903
Finance Lease Liabilities Present Value Total					74 965	87 029	56 956	27 674	33 616	12 227	4 505
Fixed Assets	564 414	539 613	511 253	648 822	596 378	586 021	504 842	421 771	349 843	260 428	184 686
Increase From Amortisation Charge For Year Intangible Assets						20 000	20 000	20 000	20 000	20 000	20 000
Increase From Depreciation Charge For Year Property Plant Equipment						61 145	64 902	73 285	74 178	71 582	67 656
Intangible Assets					140 000	120 000	100 000	80 000	60 000	40 000	20 000
Intangible Assets Gross Cost					300 000	300 000	300 000	300 000	300 000	300 000
Intangible Fixed Assets Aggregate Amortisation Impairment	80 000	100 000	120 000	140 000	160 000
Intangible Fixed Assets Amortisation Charged In Period		20 000	20 000	20 000	20 000
Intangible Fixed Assets Cost Or Valuation	300 000	300 000	300 000	300 000
Net Current Assets Liabilities	-219 599	-168 228	-177 104	-171 400	-207 475	-236 850	-231 816	-230 368	-347 023	-331 040	-418 327
Number Shares Allotted		100	100	100	100
Number Shares Issued Fully Paid							100	100	100	100	100
Other Creditors					469 253	513 472	439 095	491 032	440 155	45 833	36 063
Other Taxation Social Security Payable					78 161	105 102	48 149	59 195	86 654	166 108	175 734
Par Value Share		1	1	1	1		1	1	1	1	1
Property Plant Equipment Gross Cost					658 129	728 917	732 640	742 854	765 104	767 271	779 185
Provisions For Liabilities Balance Sheet Subtotal					85 055	83 358	72 397	54 506	39 158	27 353	4 043
Provisions For Liabilities Charges	45 000	47 833	47 734	80 669	72 534
Revaluation Reserve	64 948	70 540	67 976	65 230	62 607
Secured Debts	28 112	500 028	545 088	650 942	520 745
Share Capital Allotted Called Up Paid	100	100	100	100	100
Tangible Fixed Assets Additions		26 972	26 435	198 304	22 194
Tangible Fixed Assets Cost Or Valuation	384 224	411 196	437 631	635 935	658 129
Tangible Fixed Assets Depreciation	39 810	71 583	106 378	147 113	201 751
Tangible Fixed Assets Depreciation Charged In Period		31 773	34 795	40 735	54 638
Total Additions Including From Business Combinations Property Plant Equipment						70 788	3 723	10 214	22 250	2 167	11 914
Total Assets Less Current Liabilities	344 815	371 385	334 149	477 422	388 903	349 171	273 026	191 403	2 820	-70 612	-233 641
Total Borrowings					520 745	535 397	418 621	334 503	280 119	299 648	255 445
Trade Creditors Trade Payables					268 734	245 345	194 542	168 380	205 754	190 534	255 802
Trade Debtors Trade Receivables					524 450	560 208	367 887	310 736	255 981	339 333	276 899
Advances Credits Directors	2 168	2 221	1 255	4 370	675
Advances Credits Made In Period Directors				5 255
Advances Credits Repaid In Period Directors	3 852	53	966	4 000

Company staff

Stephen F.

Role: Director

Appointed: 10 July 2023

Latest update: 24 April 2024

Paula W.

Role: Director

Appointed: 10 July 2023

Latest update: 24 April 2024