Hexcel Reinforcements Uk Limited in Duxford, CB22 4QB

Description

Data updated on: 01-11-2023

Hexcel Reinforcements Uk came into being in 1998 as a company enlisted under no 03685736, located at CB22 4QB Duxford at Ickleton Road. The company has been in business for 26 years and its last known status is active. The firm now known as Hexcel Reinforcements Uk Limited was known under the name Formax (UK) until Tuesday 1st March 2016 then the name was changed. The enterprise's principal business activity number is 13100 meaning Preparation and spinning of textile fibres. The company's latest filed accounts documents describe the period up to 2022-12-31 and the most current confirmation statement was released on 2022-12-17.

As stated, the following company was incorporated in Friday 18th December 1998 and has so far been run by fourteen directors, and out of them four (Neil H., Thierry M., Gail L. and Patrick W.) are still participating in the company's duties. Additionally, the managing director's tasks are regularly backed by a secretary - Terra P., who was chosen by the following company in 2020.

Previous company's names
Hexcel Reinforcements Uk Limited 2016-03-01
Formax (UK) Ltd 1998-12-18

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	295
Current Assets	9 881	11 906	6 517	6 404	7 001	8 252
Debtors	4 739	6 775	2 065	2 774	1 831	3 170
Net Assets Liabilities	2 893	174	-5 896	-8 014	-10 904	-12 484
Other Debtors	521	1 763	1 216	1 761	1 656	2 687
Property Plant Equipment	6 186	9 897	9 894	8 768	7 621	6 495
Total Inventories	4 847	5 131	4 452	3 630	5 170	5 082

Other Financial Data
Audit Fees Expenses	14	18	19	19	19	17
Director Remuneration	129 623	111 051
Accrued Liabilities Deferred Income	374	659	377	191	213	339
Accumulated Depreciation Impairment Property Plant Equipment	6 238	7 259	9 243	10 688	12 017	12 761
Additional Provisions Increase From New Provisions Recognised		296		-67	-162	-652
Administrative Expenses	2 230	2 283	1 805	971	1 892	2 468
Amounts Owed To Group Undertakings	8 644	15 481	19 571	21 186	21 952	23 874
Applicable Tax Rate		19	19	19	19	19
Average Number Employees During Period	157	143	118	113	108	85
Bank Overdrafts
Capital Commitments		744
Cash Cash Equivalents Cash Flow Value	295
Comprehensive Income Expense	-1 286	-2 719	-2 824	-2 118	-2 890	-1 580
Cost Sales	24 693	28 649	23 016	16 804	16 766	18 860
Creditors	13 170	21 329	21 720	22 665	25 167	27 231
Current Tax For Period		-619	-545	-728	-344	-598
Deferred Tax Liabilities	-290	-10
Depreciation Amortisation Expense	891	979	1 464	1 277	1 339	1 030
Depreciation Expense Property Plant Equipment	624	1 021	1 464	1 445	1 339	1 194
Finance Lease Liabilities Present Value Total	448
Finished Goods	2 738	2 455	1 243	779	1 157	914
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax	-42	-42		-168		-165
Further Item Interest Expense Component Total Interest Expense	451	240	211	104	67	365
Further Operating Expense Item Component Total Operating Expenses	637	564	414	302	233	137
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	17	-146	43	-62	21	3
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	7 614	9 226	-332	1 673	2 502	2 224
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-156	-2 036	2 510	-709	943	-1 045
Gross Profit Loss	1 287	-354	-1 252	-1 669	-1 437	257
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	3 785	-295
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	1 731	284	-244	-822	1 540	-88
Increase From Depreciation Charge For Year Property Plant Equipment		1 021		1 445	1 339	1 194
Interest Expense On Bank Overdrafts	104	7	45
Interest Paid Classified As Operating Activities	-634	-368	-256	-104	-67	-365
Interest Payable Similar Charges Finance Costs	634	368	256	104	67	365
Net Cash Flows From Used In Financing Activities	624	448
Net Cash Flows From Used In Investing Activities	632	4 727	597	319	192	68
Net Cash Flows From Used In Operating Activities	-5 041	-4 880	-597	-319	-192	-68
Net Cash Generated From Operations	-5 675	-5 248	-853	-423	85	-86
Net Current Assets Liabilities	-3 289	-9 423	-15 203	-16 261	-18 166	-18 979
Net Interest Received Paid Classified As Investing Activities		-5
Number Shares Issued Fully Paid		441 000		441 000	441 000	441 000
Operating Profit Loss	-943	-2 637	-3 057	-2 640	-3 329	-2 211
Other Comprehensive Income Expense Net Tax	-42	-42		-168		-165
Other Creditors	20	33	54	54	55	4
Other Deferred Tax Expense Credit	-333	296	56	-66	-162	-563
Other Interest Receivable Similar Income Finance Income		5
Other Taxation Social Security Payable	97	94	117	118	94	69
Par Value Share		1		1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-624	-448
Pension Other Post-employment Benefit Costs Other Pension Costs	64	60	109	61	48	44
Prepayments Accrued Income	168	241	160	61	131	189
Profit Loss	-1 244	-2 677	-2 824	-1 950	-2 890	-1 415
Profit Loss On Ordinary Activities Before Tax	-1 577	-3 000	-3 313	-2 744	-3 396	-2 576
Property Plant Equipment Gross Cost	12 424	17 156	19 137	19 456	19 638	19 256
Provisions	4	300	587	520	359	-293
Provisions For Liabilities Balance Sheet Subtotal	4	300	587	521	359
Purchase Property Plant Equipment	-632	-4 732	-624	-319	-195	-86
Raw Materials	2 109	2 463	3 097	2 594	3 653	3 722
Recoverable Value-added Tax	208	811	89
Social Security Costs	270	421	250	198	148	90
Staff Costs Employee Benefits Expense	4 470	4 587	4 057	3 415	3 025	2 838
Tax Expense Credit Applicable Tax Rate		-578	-629	-521	-645	-489
Tax Increase Decrease From Effect Capital Allowances Depreciation		-33	-7	43	93	117
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	-6	-21
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-333	-323		-794	-506	-1 161
Total Additions Including From Business Combinations Property Plant Equipment		4 732		319	434	86
Total Assets Less Current Liabilities	2 897	474	-5 309	-7 493	-10 545	-12 484
Total Operating Lease Payments	389	334	363	344	339	327
Trade Creditors Trade Payables	3 587	5 062	1 601	1 084	2 805	2 446
Trade Debtors Trade Receivables	3 842	3 960	600	952	44
Turnover Revenue	25 980	28 295	21 764	15 135	15 329	19 117
Wages Salaries	4 136	4 106	3 698	3 156	2 829	2 704
Work In Progress		213	112	257	360	446
Deferred Tax Asset Debtors						294
Disposals Decrease In Depreciation Impairment Property Plant Equipment					10	450
Disposals Property Plant Equipment					13	468
Future Minimum Lease Payments Under Non-cancellable Operating Leases			346	386	414	414
Gain Loss On Disposal Assets Income Statement Subtotal			-24
Gain Loss On Disposals Property Plant Equipment			-24
Income Taxes Paid Refund Classified As Operating Activities					344	347
Increase Decrease Due To Transfers Between Classes Property Plant Equipment				130	-239	121
Proceeds From Sales Property Plant Equipment			-27		-3	-18
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment					17