Fel Group Limited in Milton Keynes, MK9 1BP

Description

Data updated on: 01-11-2023

Based in Rsm Restructuring Advisory Llp, The Pinnacle, Milton Keynes MK9 1BP Fel Group Limited is a Private Limited Company issued a 03342049 Companies House Reg No. This company was founded on 1997-03-27. The company's name switch from Foster Environmental to Fel Group Limited took place on 2018-10-03. This firm's declared SIC number is 43220 meaning Plumbing, heat and air-conditioning installation. The business latest accounts cover the period up to Thursday 31st December 2020 and the most current confirmation statement was submitted on Friday 4th March 2022.

The companies with significant control over this firm include: Twentec Holdings Limited owns over 3/4 of company shares. This business can be reached in York at Foss Islands Road, YO31 7UJ and was registered as a PSC under the reg no 12367378.

Previous company's names
Fel Group Limited 2018-10-03
Foster Environmental Limited 1997-03-27

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31
Currency

Balance Sheet
Cash Bank On Hand	1 469 605	4 240 387	3 701 658	355 288	120 001
Current Assets	8 238 791	18 466 070	9 801 971	1 659 486	1 355 522
Debtors	6 739 313	14 171 764	6 022 637	1 255 321	1 202 174
Net Assets Liabilities	1 905 050	2 222 011	2 842 717	-1 153 515	-907 514
Other Debtors	20 477	97 588	10 000	10 000	10 000
Property Plant Equipment	765 092	752 432	817 521	715 725	455 767
Total Inventories	29 873	53 919	77 676	48 877	33 347

Other Financial Data
Audit Fees Expenses			30 856	11 800	12 180
Accrued Liabilities Deferred Income	4 205 330	7 787 332	4 140 411	897 808	222 268
Accumulated Depreciation Impairment Property Plant Equipment	429 773	518 008	644 424	741 066	622 236
Additions Other Than Through Business Combinations Property Plant Equipment				101 474	1 500
Administrative Expenses	2 806 988	3 783 316	4 267 668	3 429 149	1 909 603
Amounts Owed By Group Undertakings	3 303 702	2 076 181	2 244 503
Amounts Owed To Group Undertakings				298 000
Average Number Employees During Period	48	61	69	63	40
Bank Borrowings					250 000
Bank Borrowings Overdrafts					216 667
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment			121 237
Cash Cash Equivalents Cash Flow Value	1 469 605	4 240 387	3 701 658	355 288	120 001
Corporation Tax Payable	163 259	333 099			71 052
Corporation Tax Recoverable			70 014
Cost Sales	10 609 820	20 972 516	12 005 496	5 393 993	3 682 541
Creditors	106 923	43 215	7 652 442	3 406 726	573 610
Current Tax For Period	319 052	491 250	34 292
Deferred Income			4 140 411	897 808
Deferred Tax Asset Debtors				270 000	220 000
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			19 185	-272 333	-4 000
Deferred Tax Liabilities Assumed			124 333	122 000
Depreciation Expense Property Plant Equipment	104 175	96 851	115 415	157 778	130 029
Depreciation Impairment Expense Property Plant Equipment			155 832	157 778	130 029
Dividends Paid	1 500 000	1 900 000		2 842 715
Dividends Paid Classified As Financing Activities	-1 500 000	-1 900 000		-2 842 715
Dividends Paid On Shares Interim	1 500 000	1 900 000		2 842 715
Finance Lease Liabilities Present Value Total	106 923	43 215	39 678
Finance Lease Payments Owing Minimum Gross			39 678
Finished Goods Goods For Resale			77 676	48 877	33 347
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities					-250 000
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss				-266 126
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total			-158 723
Further Item Tax Increase Decrease Component Adjusting Items			-18 982	-793	-8 233
Future Minimum Lease Payments Under Non-cancellable Operating Leases	20 782	5 726	20 324	71 399	43 828
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-3 320 591	9 796 245	-8 835 881	963 435	607 167
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-2 995 519	-7 273 728	8 060 418	-4 967 302	-3 147
Gain Loss In Cash Flows From Change In Deferred Income			3 646 921	3 242 603
Gain Loss In Cash Flows From Change In Inventories			23 757	-28 799	-15 530
Gain Loss On Disposals Property Plant Equipment	-7 842	-19 405	-7 145	-13 409	-24 345
Government Grant Income					129 917
Gross Profit Loss	4 498 113	6 523 079	4 909 978	2 266 249	1 807 101
Impairment Loss Reversal On Investments					-22 000
Income Taxes Paid Refund Classified As Operating Activities	-51 098	-321 410	-418 423	72 473	71 052
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-5 813 232	2 770 782	-538 729	3 346 370	235 287
Increase Decrease In Current Tax From Adjustment For Prior Periods			-18 982	-2 459
Increase From Depreciation Charge For Year Property Plant Equipment		150 741	155 832	157 778	130 029
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings					73
Interest Expense On Debt Securities In Issue Other Similar Loans					83 452
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	4 795	6 284	6 900	2 754
Interest Income On Bank Deposits			8 047	2 971	111
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss			8 047	2 971	111
Interest Payable Similar Charges Finance Costs	4 795	6 284	6 900	2 754	83 525
Interest Received Classified As Investing Activities			-8 047	-2 971	-111
Issue Equity Instruments					276 000
Net Cash Flows From Used In Financing Activities	972 715	2 122 432	-88 802	2 882 393	-976 000
Net Cash Flows From Used In Investing Activities	331 210	155 830	220 019	66 420	-105 695
Net Cash Flows From Used In Operating Activities	4 509 307	-5 049 044	407 512	397 557	1 316 982
Net Cash Generated From Operations	4 453 414	-5 376 738	-17 811	467 276	1 304 509
Net Current Assets Liabilities	1 356 747	1 617 942	2 149 529	-1 747 240	-721 671
Net Finance Income Costs			8 047	2 971	111
Net Interest Paid Received Classified As Operating Activities			-6 900	-2 754	-83 525
Operating Profit Loss	1 691 125	2 752 671	654 054	-1 428 526	27 415
Other Creditors				46 582	231 343
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				61 136	248 859
Other Disposals Property Plant Equipment				106 628	380 288
Other Interest Receivable Similar Income Finance Income	11 954	1 656	8 047	2 971	111
Other Operating Income Format1		12 908	11 744	500	129 917
Other Remaining Borrowings					450 000
Other Taxation Social Security Payable	276 770	816 213	423 469	101 212	392 886
Payments Finance Lease Liabilities Classified As Financing Activities	169 751	-63 709	-69 921	-39 678
Pension Other Post-employment Benefit Costs Other Pension Costs	9 552	13 808	18 642	29 335	29 271
Prepayments Accrued Income			275 285	108 803	68 505
Proceeds From Borrowings Classified As Financing Activities					-450 000
Proceeds From Issuing Shares					-276 000
Proceeds From Sales Property Plant Equipment	-6 150	-47 517	-2 651	-32 083	-107 084
Profit Loss	1 415 643	2 216 961	620 706	-1 153 517	-29 999
Profit Loss On Ordinary Activities Before Tax	1 698 284	2 703 493	655 201	-1 428 309	-33 999
Property Plant Equipment Gross Cost	1 194 865	1 270 440	1 461 945	1 456 791	1 078 003
Provisions For Liabilities Balance Sheet Subtotal	109 866	105 148	124 333	122 000
Purchase Property Plant Equipment	-349 314	-205 003	-230 717	-101 474	-1 500
Research Development Expense Recognised In Profit Or Loss					5 652
Social Security Costs	21 499	21 214	73 946	54 114	144 635
Staff Costs Employee Benefits Expense	1 976 950	2 748 246	3 368 179	3 099 120	1 620 866
Taxation Including Deferred Taxation Balance Sheet Subtotal			124 333	122 000	68 000
Tax Expense Credit Applicable Tax Rate	339 657	520 341	124 488	-271 379	-6 460
Tax Increase Decrease Arising From Group Relief Tax Reconciliation			-78 171
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings				-17 475
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	11 166	13 746	5 746	14 855	10 693
Tax Tax Credit On Profit Or Loss On Ordinary Activities	282 641	486 532	34 495	-274 792	-4 000
Total Assets Less Current Liabilities	2 121 839	2 370 374	2 967 050	-1 031 515	-265 904
Total Borrowings	188 638	118 546	57 452		700 000
Total Current Tax Expense Credit	265 603	491 250	15 310	-2 459
Total Operating Lease Payments	90 561	84 977	80 254	80 320	71 307
Trade Creditors Trade Payables	2 104 128	7 787 572	2 990 254	1 503 916	1 033 254
Trade Debtors Trade Receivables	3 120 156	11 208 000	3 422 835	866 518	903 669
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment				-103 545
Turnover Revenue	15 107 933	27 495 595	16 915 474	7 660 242	5 489 642
Wages Salaries	1 945 899	2 713 224	3 275 591	3 015 671	1 446 960
Company Contributions To Defined Benefit Plans Directors			2 549	3 000	830
Company Contributions To Money Purchase Plans Directors	684	774	2 549
Director Remuneration	172 010	170 051	569 613	450 743	149 037
Director Remuneration Benefits Including Payments To Third Parties			626 089	453 743	149 867
Number Directors Accruing Benefits Under Money Purchase Scheme	2	2	5	4
Amount Specific Advance Or Credit Directors		158 723
Amount Specific Advance Or Credit Made In Period Directors	93 682	158 723
Amount Specific Advance Or Credit Repaid In Period Directors	451 216		158 723
Dividend Recommended By Directors		1 900 000
Accrued Income	204 498	487 096	150 743
Accrued Liabilities	66 172	57 528	58 630
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		-4 718
Applicable Tax Rate	20	19	19
Comprehensive Income Expense		2 216 961	620 706
Depreciation Amortisation Expense	145 642	150 741	155 832
Disposals Decrease In Depreciation Impairment Property Plant Equipment		62 506	29 416
Disposals Property Plant Equipment		129 428	39 212
Dividend Per Share Interim		850 000
Gain Loss On Disposal Assets Income Statement Subtotal	-7 842	-19 405	-7 145
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	-18 087	24 046	23 757
Merchandise	29 873	53 919	77 676
Net Interest Received Paid Classified As Investing Activities	-11 954	-1 656	-8 047
Number Shares Issued Fully Paid		2	2
Other Deferred Tax Expense Credit	17 038	-4 718	19 185
Par Value Share		1	1
Prepayments	90 480	144 176	124 542
Provisions	109 866	105 148	124 333
Total Additions Including From Business Combinations Property Plant Equipment		205 003	230 717

Company staff