Fawkes & Reece Limited in London, EC3V 3QX

Description

Data updated on: 01-11-2023

Fawkes & Reece came into being in 2001 as a company enlisted under no 04171179, located at EC3V 3QX London at 68 Cornhill. This company has been in business for 23 years and its current state is active. This company's registered with SIC code 78109 and their NACE code stands for Other activities of employment placement agencies. The business latest filed accounts documents describe the period up to March 31, 2023 and the most recent annual confirmation statement was submitted on March 2, 2023.

We have identified 2 councils and public departments cooperating with the company. The biggest counter party of them all is the Milton Keynes Council, with over 189 transactions from worth at least 500 pounds each, amounting to £62,530 in total. The company also worked with the Barnet London Borough (20 transactions worth £8,412 in total). Fawkes & Reece was the service provided to the Barnet London Borough Council covering the following areas: Agency/interim Hays was also the service provided to the Milton Keynes Council Council covering the following areas: Employees.

According to this particular enterprise's executives data, since April 2017 there have been two directors: John M. and Raymond C..

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	416 973	527 397	159 680
Current Assets	8 438 189	11 379 629	11 979 440
Debtors	8 021 216	10 840 908	11 819 760
Net Assets Liabilities	3 971 455	4 293 464	4 742 753
Other Debtors	499 762	1 153 239	1 011 626
Property Plant Equipment	112 104	159 936	191 438
Total Inventories		11 324

Other Financial Data
Audit Fees Expenses	18 000	15 250	17 600
Accrued Liabilities Deferred Income	218 078	258 266	423 115
Accumulated Depreciation Impairment Property Plant Equipment	86 103	124 931	177 858
Additions Other Than Through Business Combinations Property Plant Equipment		91 762	136 200
Administrative Expenses	3 275 270	4 598 777	5 340 994
Amounts Owed By Group Undertakings	3 873 331	4 872 259	4 890 847
Amounts Owed To Group Undertakings		3 236	8 956
Average Number Employees During Period	48	61	71
Corporation Tax Payable	104 755	210 523	218 331
Corporation Tax Recoverable	38 142	49 121	98 857
Cost Sales	12 626 244	18 741 415	23 258 658
Creditors	995 372	1 806 477	1 261 299
Current Tax For Period	98 946	199 544	268 595
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-6 614	16 009	-16 784
Depreciation Expense Property Plant Equipment	31 136	43 930	62 436
Dividends Paid	199 212	536 156	662 514
Dividends Paid On Shares Interim	199 212	536 156	662 514
Finance Lease Liabilities Present Value Total		33 313	71 458
Finance Lease Payments Owing Minimum Gross		43 454	89 668
Finished Goods Goods For Resale		11 324
Further Item Interest Expense Component Total Interest Expense	1 124
Further Item Tax Increase Decrease Component Adjusting Items		16 009	8 057
Future Minimum Lease Payments Under Non-cancellable Operating Leases	1 896 000	1 611 600	1 327 200
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss			-111
Gain Loss On Disposals Property Plant Equipment	-19 944		2 796
Government Grant Income	459 330	55 206
Gross Profit Loss	3 330 237	5 704 499	6 373 172
Increase Decrease In Current Tax From Adjustment For Prior Periods			8 057
Increase From Depreciation Charge For Year Property Plant Equipment		43 930	62 436
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings		10 833	109 923
Interest Expense On Debt Securities In Issue Other Similar Loans	38 854	74 317	192 024
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts		2 060	5 440
Interest Income On Bank Deposits			7 924
Interest Payable Similar Charges Finance Costs	39 978	87 210	307 387
Net Current Assets Liabilities	4 866 551	5 967 842	5 823 667
Operating Profit Loss	514 297	1 160 928	1 671 134
Other Creditors	2 035 514	3 335 012	4 110 796
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		5 102	9 509
Other Disposals Property Plant Equipment		5 102	51 771
Other Interest Receivable Similar Income Finance Income			7 924
Other Operating Income Format1	459 330	55 206	638 956
Other Remaining Borrowings	1 250 000	2 384 264	1 800 941
Other Taxation Social Security Payable	861 269	123 363	508 186
Pension Other Post-employment Benefit Costs Other Pension Costs	60 313	68 422	78 538
Prepayments Accrued Income	46 063	228 459	210 753
Profit Loss	381 987	858 165	1 111 803
Profit Loss On Ordinary Activities Before Tax	474 319	1 073 718	1 371 671
Property Plant Equipment Gross Cost	198 207	284 867	369 296
Social Security Costs	227 344	338 121	394 550
Staff Costs Employee Benefits Expense	15 007 179	22 162 447	27 107 813
Taxation Including Deferred Taxation Balance Sheet Subtotal	11 828	27 837	11 053
Tax Expense Credit Applicable Tax Rate	90 121	204 006	260 617
Tax Increase Decrease From Effect Capital Allowances Depreciation	-2 544	-9 884	5 952
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	4 755	5 422	2 026
Tax Tax Credit On Profit Or Loss On Ordinary Activities	92 332	215 553	259 868
Total Assets Less Current Liabilities	4 978 655	6 127 778	6 015 105
Total Borrowings	995 372	1 773 164	1 189 841
Total Current Tax Expense Credit		199 544	276 652
Total Operating Lease Payments	232 260	261 464	245 744
Trade Creditors Trade Payables	97 394	860 146	257 079
Trade Debtors Trade Receivables	3 563 918	4 537 830	5 607 677
Turnover Revenue	15 956 481	24 445 914	29 631 830
Wages Salaries	14 719 522	21 755 904	26 634 725
Company Contributions To Defined Benefit Plans Directors	4 375	5 250	6 000
Director Remuneration	135 222	170 064	174 979
Director Remuneration Benefits Including Payments To Third Parties	139 597	175 314	180 979