Fastfit Exhausts Limited in Norfolk, NR7 9AH

Description

Data updated on: 01-11-2023

Fastfit Exhausts is a business registered at NR7 9AH Norfolk at 186-200 Salhouse Road. This enterprise has been operating since 1978 and is registered under reg. no. 01371443. This enterprise has been present on the British market for fourty six years now and company status at the time is active. This firm's SIC and NACE codes are 45320 meaning Retail trade of motor vehicle parts and accessories. Fastfit Exhausts Ltd filed its account information for the period up to January 31, 2023. The latest confirmation statement was released on November 28, 2022.

1 transaction have been registered in 2014 with a sum total of £88. Cooperation with the Broadland District council covered the following areas: Energy Bus Expenditure.

As suggested by this specific firm's executives list, since 2014 there have been three directors: David H., Stephen A. and Richard S.. In order to support the directors in their duties, this particular business has been utilizing the expertise of Stephen A. as a secretary since 2005.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-01-31	2015-01-31	2016-01-31	2017-01-31	2018-01-31	2019-01-31	2021-01-31	2022-01-31	2023-01-31
Currency
Net Worth	1 399 910	555 275

Balance Sheet
Cash Bank In Hand	1 155	1 695
Cash Bank On Hand		1 695	1 913	2 028	1 936	1 229	135	1 005	1 399
Current Assets	1 665 395	744 210	973 767	1 275 931	1 382 906	1 813 306	1 842 199	2 124 813	2 240 984
Debtors	1 386 018	515 361	762 140	1 044 840	1 105 074	1 535 293	1 519 673	1 748 474	1 884 236
Other Debtors				34	30	2 796	1 459	2 137
Property Plant Equipment		339 705	334 081	356 588	365 240	359 782	506 876	515 536	550 242
Stocks Inventory	278 222	227 154
Tangible Fixed Assets	350 498	339 705
Total Inventories		227 154	209 714	229 063	275 896	276 784	322 391	375 334	355 349
Net Assets Liabilities								1 956 768	2 046 573

Capital & Reserves
Called Up Share Capital	64 136	64 136
Profit Loss Account Reserve	1 204 928	360 293
Shareholder Funds	1 399 910	555 275

Other Financial Data
Audit Fees Expenses	5 710	5 800	5 880	5 998	6 183	6 350	6 700	6 823	8 496
Company Contributions To Money Purchase Plans Directors		249		1 000	1 000	1 000	1 428	1 485	1 554
Director Remuneration	57 219	73 715	61 886	55 912	54 199	63 524	57 255	66 544	75 687
Number Directors Accruing Benefits Under Money Purchase Scheme		1	1	1	1	1	1	1	1
Accruals Deferred Income Within One Year	31 317	30 022
Accrued Liabilities		30 022	33 260	29 847	30 884	33 085	38 313	41 387	44 246
Accumulated Depreciation Impairment Property Plant Equipment		259 862	281 781	289 034	303 366	329 123	396 800	426 668	466 434
Adjustment For Prior Periods Leading To An Increase Decrease In Tax Charge	-178
Administrative Expenses	1 994 777	2 054 017	1 915 831	1 879 315	1 957 994	1 994 646	2 164 170	2 368 642	2 579 174
Amounts Owed By Group Undertakings Other Participating Interests Within One Year	1 304 988	450 956
Applicable Tax Rate		21	20	20	19	19	19	19	19
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	500
Changes In Provisions Leading To An Increase Decrease In Tax Charge	395
Comprehensive Income Expense		155 365	210 055	273 122	178 023	284 889	154 776	96 590	89 805
Corporation Tax Due Within One Year	24 000
Corporation Tax Payable			49 117	60 000	19 000	66 000	3 763	22 727	34 457
Corporation Tax Recoverable		7 991
Corporation Tax Recoverable Current Asset Due Within One Year		7 991
Cost Sales	2 541 406	2 323 116	1 960 430	2 003 962	2 169 686	2 308 813	2 093 086	2 484 786	2 738 490
Creditors		528 640	542 518	594 067	531 671	671 724	592 397	775 581	811 153
Creditors Due Within One Year	615 983	528 640
Current Tax For Period		43 500	56 000	60 000	45 000	66 000	30 000	24 000	25 000
Debtors Due Within One Year	1 386 018	515 361
Depreciation Expense Property Plant Equipment		19 543	22 519	19 780	26 507	25 757	37 182	44 701	45 416
Depreciation Tangible Fixed Assets Expense	18 629	19 543
Disposals Decrease In Depreciation Impairment Property Plant Equipment			600	12 527	12 175			14 833	5 650
Disposals Property Plant Equipment			1 000	13 777	12 175	544		14 833	5 650
Dividends Paid		1 000 000
Dividends Paid On Shares Interim		1 000 000
Further Item Tax Increase Decrease Component Adjusting Items		316	451	-250	-855	-55
Further Operating Expense Item Component Total Operating Expenses		-9 240	143 420	136 681	135 560	-6 000	132 867	132 867	136 050
Gain Loss On Disposals Property Plant Equipment		400	300	1 250	4 500			7 000	250
Gross Profit Loss	2 231 277	2 213 151	2 142 264	2 173 441	2 145 232	2 310 414	2 098 399	2 462 493	2 672 063
Hire Property Other Lease Expenditure	143 420
Increase Decrease In Current Tax From Adjustment For Prior Periods		-396	-315	244	155	-131	-3 086	9 261	84
Increase Decrease In U K Corporation Tax Arising From Adjustment For Prior Periods	-178
Increase From Depreciation Charge For Year Property Plant Equipment			22 519	19 780	26 507	25 757		44 701	45 416
Interest Expense						1 010
Interest Payable Similar Charges Finance Costs						1 010
Merchandise		227 154	209 714	229 063	275 896	276 784	322 391	375 334	355 349
Net Current Assets Liabilities	1 049 412	215 570	431 249	681 864	851 235	1 141 582	1 249 802	1 349 232	1 429 831
Net Increase Decrease In Shareholders Funds	212 964
Number Shares Allotted		53 600
Number Shares Issued Fully Paid			53 600	53 600	53 600	53 600		53 600	53 600
Operating Lease Rental Receipts	9 240
Operating Profit Loss	275 740	198 374	265 673	333 366	223 178	351 768
Other Creditors		9 689	10 083	10 570	6 711	14 571	45 257	52 086	47 371
Other Creditors Due Within One Year	9 594	9 689
Other Debtors Within One Year	358
Other Interest Receivable Similar Income	1 046
Other Interest Receivable Similar Income Finance Income		95	67
Other Operating Income	39 240
Other Operating Income Format1		39 240	39 240	39 240	35 940	36 000	247 460	36 000	36 000
Other Taxation Social Security Payable		137 864	122 375	120 943	123 621	127 845	126 938	136 191	168 425
Other Taxation Social Security Within One Year	129 918	137 864
Other Timing Differences Leading To Decrease Increase In Taxation	-444
Par Value Share		0	0	0	0	0		0	0
Pension Costs	5 999
Pension Other Post-employment Benefit Costs Other Pension Costs		8 523	10 426	9 641	9 884	15 295	26 658	30 014	32 386
Prepayments		23 317	21 725	23 527	22 994	23 005	8 455	17 403	21 885
Prepayments Accrued Income Current Asset Due Within One Year	25 156	23 317
Profit Loss		155 365	210 055	273 122	178 023	284 889	154 776	96 590	89 805
Profit Loss For Period	212 964
Profit Loss On Ordinary Activities Before Tax	276 786	198 469	265 740	333 366	223 178	350 758	181 689	129 851	128 889
Property Plant Equipment Gross Cost		599 567	615 862	645 622	668 606	688 905	903 676	942 204	1 016 676
Revaluation Reserve	130 846	130 846
Share Capital Allotted Called Up Paid	536	536
Social Security Costs	103 249	100 747	92 882	94 776	91 407	96 203	103 214	123 460	145 019
Staff Costs	1 295 070
Staff Costs Employee Benefits Expense		1 332 816	1 224 099	1 204 292	1 233 795	1 295 867	1 476 492	1 554 848	1 728 684
Standard Nominal Tax Rate	23
Stocks Raw Materials Consumables	278 222	227 154
Tangible Fixed Assets Additions		8 750
Tangible Fixed Assets Cost Or Valuation	594 152	599 567
Tangible Fixed Assets Depreciation	243 654	259 862
Tangible Fixed Assets Depreciation Charged In Period		11 568
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		3 335
Tangible Fixed Assets Disposals		3 335
Tax Expense Credit Applicable Tax Rate		41 678	53 148	66 673	42 404	66 644	34 521	24 672	24 489
Tax Increase Decrease From Effect Capital Allowances Depreciation		713	2 736	-6 199	2 860	-851	-2 430	696	-1 331
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		375	-1	-70	81	262	111	46	312
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	63 661
Tax On Profit Or Loss On Ordinary Activities	63 822
Tax Tax Credit On Profit Or Loss On Ordinary Activities		43 104	55 685	60 244	45 155	65 869	26 913	33 261	39 084
Total Additions Including From Business Combinations Property Plant Equipment			17 295	43 537	35 159	20 843		53 361	80 122
Total Assets Less Current Liabilities	1 399 910	555 275	765 330	1 038 452	1 216 475	1 501 364	1 860 178	1 956 768	2 060 573
Total Reserves	1 335 774	491 139
Total U K Foreign Current Tax After Adjustments Relief	63 822
Trade Creditors Trade Payables		351 065	327 683	372 707	351 455	430 223	378 126	523 190	516 654
Trade Creditors Within One Year	421 154	351 065
Trade Debtors Trade Receivables		33 097	20 953	12 317	21 522	25 257	23 486	40 983	66 965
Trade Debtors Within One Year	55 516	33 097
Turnover Gross Operating Revenue	4 772 683
Turnover Revenue		4 536 267	4 102 694	4 177 403	4 314 918	4 619 227	4 191 485	4 947 279	5 410 553
U K Current Corporation Tax	64 000
Wages Salaries	1 185 822	1 223 546	1 120 791	1 099 875	1 132 504	1 184 369	1 346 620	1 401 374	1 551 279
Accumulated Amortisation Impairment Intangible Assets							11 500	23 000	34 500
Additional Provisions Increase From New Provisions Recognised									14 000
Amortisation Expense Intangible Assets							11 500	11 500	11 500
Average Number Employees During Period							61	59	60
Company Contributions To Money Purchase Schemes Directors		249
Fixed Assets							610 376	607 536	630 742
Increase From Amortisation Charge For Year Intangible Assets								11 500	11 500
Intangible Assets							103 500	92 000	80 500
Intangible Assets Gross Cost							115 000	115 000
Other Deferred Tax Expense Credit									14 000
Provisions									14 000
Provisions For Liabilities Balance Sheet Subtotal									14 000
Total Current Tax Expense Credit								33 261	25 084

Company staff

David H.

Role: Director

Appointed: 31 October 2014

Latest update: 5 February 2024

Stephen A.

Role: Director

Appointed: 12 July 2006

Latest update: 5 February 2024

Stephen A.

Role: Secretary

Appointed: 01 February 2005

Latest update: 5 February 2024

Richard S.

Role: Director

Appointed: 01 March 2002

Latest update: 5 February 2024

People with significant control

Richard S. is the individual who controls this firm, has substantial control or influence over the company.

Richard S.

Notified on 14 June 2019

Nature of control:

substantial control or influence

Kevin S.

Notified on 6 April 2016

Ceased on 14 June 2019

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	31 October 2024
Account last made up date	31 January 2023
Confirmation statement next due date	12 December 2023
Confirmation statement last made up date	28 November 2022

Annual Accounts 27 July 2015
Start Date For Period Covered By Report	01 February 2014
Date Approval Accounts	27 July 2015
Annual Accounts
Start Date For Period Covered By Report	01 February 2015
Annual Accounts
Start Date For Period Covered By Report	01 February 2016
End Date For Period Covered By Report	31 January 2017
Annual Accounts
Start Date For Period Covered By Report	01 February 2017
End Date For Period Covered By Report	31 January 2018
Annual Accounts
Start Date For Period Covered By Report	01 February 2018
End Date For Period Covered By Report	31 January 2019
Annual Accounts
Start Date For Period Covered By Report	01 February 2021
End Date For Period Covered By Report	31 January 2022
Annual Accounts
Start Date For Period Covered By Report	01 February 2022
End Date For Period Covered By Report	31 January 2023
Annual Accounts
End Date For Period Covered By Report	31 January 2015
Annual Accounts
End Date For Period Covered By Report	31 January 2016

Year / Transaction date	Council / Department / Transaction ID	No. of trans.	Total trans. value
2014	Broadland District	1	£ 87.50
2014-09-24	ZRDEB/BE08		£ 87.50	Energy Bus Expenditure

Fastfit Exhausts Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

David H.

Stephen A.

Stephen A.

Richard S.

Kevin S.

Robert G.

People with significant control

Richard S.

Kevin S.

Accounts Documents

Company filings

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