Foam Techniques Limited in Bristol, BS3 2TL

Description

Data updated on: 01-11-2023

Foam Techniques Limited has existed on the local market for at least thirty eight years. Registered with number 02078810 in 1986, the firm is based at Units 137-145 South Liberty Lane, Bristol BS3 2TL. The firm's SIC and NACE codes are 82990, that means Other business support service activities not elsewhere classified. Foam Techniques Ltd released its latest accounts for the financial period up to 2022-03-31. The firm's most recent confirmation statement was released on 2023-08-08.

Foam Techniques Ltd is a small-sized vehicle operator with the licence number OF1051279. The firm has one transport operating centre in the country. In their subsidiary in Wellingborough on Park Farm Industrial Estate, 2 machines are available.

This business owes its well established position on the market and unending improvement to a team of three directors, namely Maria L., Mark R. and Stephen T., who have been managing the company for 3 years. Moreover, the managing director's duties are helped with by a secretary - Les K., who was officially appointed by this specific business one year ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31
Currency

Balance Sheet
Cash Bank On Hand	1 760 590	701 462	267 782	371 329	338 935
Current Assets	4 282 283	5 518 423	8 346 842	8 407 960	9 702 741
Debtors	2 216 378	4 501 632	7 662 613	7 718 125	9 013 811
Net Assets Liabilities	3 504 246	4 437 220	5 646 763	6 710 125	7 461 183
Other Debtors	238 519	614 798	100
Property Plant Equipment	206 584	203 592	553 870	685 412	802 047
Total Inventories	305 315	315 329	416 447	318 506	349 995

Other Financial Data
Audit Fees Expenses	7 000	7 000	7 091	11 893	9 735
Accumulated Depreciation Impairment Property Plant Equipment	957 011	910 279	903 200	438 094	479 227
Additional Provisions Increase From New Provisions Recognised		-10 144			12 153
Additions Other Than Through Business Combinations Intangible Assets			100 000
Additions Other Than Through Business Combinations Property Plant Equipment		129 314	451 271	284 784	233 608
Administration Support Average Number Employees	17	15	19	14	13
Administrative Expenses	1 798 735	1 560 074	1 348 824	1 472 869	1 670 493
Amounts Owed By Related Parties		2 000 000	4 971 597	6 133 734	7 185 425
Amounts Owed To Related Parties					3 964
Applicable Tax Rate	20	19	19	19	19
Average Number Employees During Period	46	48	65	74	78
Balances With Banks	1 760 590	699 324	267 563	370 951	338 842
Cash Cash Equivalents	1 760 590	701 462	267 782	371 329	338 935
Cash On Hand		2 138	219	378	93
Comprehensive Income Expense	891 172	1 079 074	1 209 543	1 063 362	751 058
Cost Sales	5 268 965	5 272 520	6 219 821	5 823 646	5 681 341
Creditors	22 222	1 272 433	3 317 978	2 456 981	3 105 186
Current Tax For Period	236 832	271 497	280 622	247 779	160 378
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws		4 217	14 103	-25 035	1 833
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	546	-10 144	23 609	-9 705	12 153
Deferred Tax Liabilities	22 506	12 362	35 971	26 266	38 419
Depreciation Expense Property Plant Equipment	97 168	122 122	80 072	151 762	109 402
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-168 854	-87 153	-616 871	-68 269
Disposals Property Plant Equipment		-179 038	-108 072	-618 348	-75 840
Distribution Costs	254 711	235 810	286 065	250 904	243 864
Dividends Paid	-312 000	-156 000
Dividends Paid On Shares Final	312 000	156 000
Finance Lease Liabilities Present Value Total	22 222		1 680 000
Fixed Assets		203 592	653 870	785 412	902 047
Future Minimum Lease Payments Under Non-cancellable Operating Leases			1 680 000	1 560 000	1 440 000
Gain Loss On Disposal Investments In Subsidiaries Associates Joint Ventures	-99
Gain Loss On Disposals Property Plant Equipment	11 840	13 436	38 750	-1 477	26 379
Government Grant Income					47 276
Gross Profit Loss	3 178 666	3 138 778	3 151 103	3 004 848	2 797 484
Increase Decrease In Current Tax From Adjustment For Prior Periods		-189	-3 828	-19 675	5 906
Increase Decrease In Existing Provisions			23 609	-9 705
Increase From Depreciation Charge For Year Property Plant Equipment		122 122	80 074	151 765	109 402
Intangible Assets			100 000	100 000	100 000
Intangible Assets Gross Cost			100 000	100 000	100 000
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings			5 139	188	2 581
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	3 140	4 139
Interest Income On Bank Deposits	6 470	1 520	186
Interest Payable Similar Charges Finance Costs	3 140	4 176	6 454	-686	908
Issue Equity Instruments		9 900
Loss On Financing Activities Due To Foreign Exchange Differences		37	1 315	-874	-1 673
Minimum Operating Lease Payments Recognised As Expense			120 000	120 000	120 000
Net Current Assets Liabilities	3 342 390	4 245 990	5 028 864	5 950 979	6 597 555
Number Shares Issued Fully Paid	100	10 000	10 000	10 000	10 000
Operating Profit Loss	1 125 220	1 342 894	1 516 214
Other Creditors	76 834		1 284 800	1 066 977	930 847
Other Employee Expense		52 409	23 145	19 050	166 417
Other Interest Receivable Similar Income Finance Income	6 470	1 520	186
Other Inventories	305 315	315 329	416 447	318 506	349 995
Other Operating Income Format1					47 276
Other Payables Accrued Expenses	115 922	217 721	73 317	48 670	88 229
Par Value Share	3 120	1 560	1	1	1
Pension Costs Defined Contribution Plan	19 578	14 295	17 726	32 394	48 899
Prepayments	49 729	97 484	190 296	11 754	9 879
Production Average Number Employees	29	33	46	60	65
Profit Loss	891 172	1 079 074	1 209 543	1 063 362	751 058
Profit Loss On Ordinary Activities Before Tax	1 128 550	1 340 238	1 509 946	1 281 761	929 495
Property Plant Equipment Gross Cost	1 163 595	1 113 871	1 457 070	1 123 506	1 281 274
Provisions	22 506	12 362	35 971	26 266	38 419
Provisions For Liabilities Balance Sheet Subtotal	22 506	12 362	35 971	26 266	38 419
Redundancy Costs			33 901	-3 698
Revenue From Sale Goods	8 447 631	8 411 298	9 370 924	8 828 494	8 478 825
Social Security Costs	155 908	126 889	145 343	156 114	132 164
Staff Costs Employee Benefits Expense	1 612 766	1 537 007	1 822 165	2 022 339	2 089 197
Taxation Social Security Payable	169 571	175 526	176 343	334 922	678 966
Tax Expense Credit Applicable Tax Rate	225 710	254 645	286 890	243 535	176 604
Tax Increase Decrease From Effect Capital Allowances Depreciation			78
Tax Increase Decrease From Other Tax Effects Tax Reconciliation	11 668	2 302	-668	-101
Tax Tax Credit On Profit Or Loss On Ordinary Activities	237 378	261 164	300 403	218 399	178 437
Total Assets Less Current Liabilities	3 548 974	4 449 582	5 682 734	6 736 391	7 499 602
Total Borrowings	22 222
Total Operating Lease Payments		2 055
Trade Creditors Trade Payables	431 757	773 689	1 629 007	1 006 412	1 403 180
Trade Debtors Trade Receivables	1 928 130	1 789 350	2 500 620	1 572 637	1 818 507
Turnover Revenue	8 447 631	8 411 298	9 370 924	8 828 494	8 478 825
Wages Salaries	1 437 280	1 343 414	1 602 050	1 818 479	1 741 717
Company Contributions To Money Purchase Plans Directors	12 000	6 000
Director Remuneration	252 909	125 365	158 984	112 536	100 008