Fwg Sales Limited in Chester, CH4 8RQ

Description

Data updated on: 01-11-2023

Situated at Riverside House Brymau Three Trading Estate, River Lane, Chester CH4 8RQ Fwg Sales Limited is categorised as a Private Limited Company registered under the 07481672 registration number. The company was founded 13 years ago. This company's SIC and NACE codes are 46150 and has the NACE code: Agents involved in the sale of furniture, household goods, hardware and ironmongery. Fwg Sales Ltd filed its latest accounts for the period up to 31st March 2023. The business latest annual confirmation statement was submitted on 4th January 2023.

There seems to be a team of two directors leading the following firm at the moment, specifically Andrew M. and Jane W. who have been performing the directors assignments since January 4, 2011.

Executives who have control over the firm are as follows: Andrew M. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Jane W. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	9 669	53 819	26 599	8 778	23 562	1 226 851	250 024	67 841
Current Assets	2 370 209	2 532 032	3 486 373	3 646 218	4 017 958	7 382 166	6 613 986	5 899 856
Debtors	1 774 546	1 749 786	2 295 964	2 659 035	3 052 443	5 251 068	5 660 583	4 817 927
Net Assets Liabilities	1 822 797	1 503 290	2 041 339	2 116 426	2 041 629	2 082 984	1 826 885	1 895 725
Other Debtors	63 996	136 156	4 114	5 701	1 565	84 795	2 584 915	2 323 577
Property Plant Equipment	1 085 197	1 033 111	915 577	208 952	272 408	281 473	269 571	149 535
Total Inventories	585 994	728 427	1 163 810	978 405	941 953	904 247	703 379	1 014 088

Other Financial Data
Accrued Liabilities	508 587	280 377	329 258	256 359	294 786	385 312
Accumulated Amortisation Impairment Intangible Assets	857 667	1 025 667	1 192 667	1 359 667	1 526 666	1 665 999	1 666 999	1 763 722
Accumulated Depreciation Impairment Property Plant Equipment	433 624	521 555	651 120	585 441	280 424	345 284	418 152	377 877
Average Number Employees During Period		39	37	40	43	55	28	27
Bank Borrowings	689 193	733 284	585 660	780 938	871 662	1 443 197	1 349 283	1 424 883
Bank Borrowings Overdrafts	423 179	597 168	31 647	780 938	871 662	1 407 407	962 963	518 518
Corporation Tax Payable	96 989	188 403	267 883	61 702	79 889
Creditors	370 758	204 199	61 451	2 019 700	2 348 917	1 438 678	999 517	535 370
Disposals Decrease In Depreciation Impairment Property Plant Equipment		40 300		139 393	382 215	25 253	17 692	122 101
Disposals Property Plant Equipment		52 697		959 270	382 765	47 130	24 000	169 062
Dividends Paid				452 000	450 000
Finance Lease Liabilities Present Value Total	104 744	68 083	29 804			11 375	19 708	19 708
Fixed Assets	1 897 530	1 677 444	1 392 910	519 285	415 742	285 474	272 572	248 459
Increase Decrease Due To Transfers Between Classes Property Plant Equipment			2 969
Increase From Amortisation Charge For Year Intangible Assets		168 000	167 000	167 000	166 999	139 333	1 000	96 723
Increase From Depreciation Charge For Year Property Plant Equipment		128 231	126 596	73 714	77 198	90 113	90 560	81 826
Intangible Assets	812 333	644 333	477 333	310 333	143 334	4 001	3 001	98 924
Intangible Assets Gross Cost	1 670 000	1 670 000	1 670 000	1 670 000	1 670 000	1 670 000	1 670 000	1 862 646
Merchandise			1 163 810	978 405	941 953	904 247	703 379	1 014 088
Net Current Assets Liabilities	346 082	82 217	739 518	1 626 518	1 669 041	3 282 498	2 553 830	2 182 636
Other Creditors	162 998	116 480	223 785	129 908	293 308	84 029	1 930 570	1 657 785
Other Taxation Social Security Payable	31 722	31 965	28 039	36 436	45 269	50 704
Prepayments Accrued Income	73 015	98 815	92 249	109 330	91 762	208 285
Profit Loss				527 087	375 203	41 355	-256 099	68 840
Property Plant Equipment Gross Cost	1 518 821	1 554 666	1 566 697	794 393	552 832	626 757	687 723	527 412
Provisions			29 638	29 377	43 154	46 310	-2 278	-2 044
Provisions For Liabilities Balance Sheet Subtotal	50 057	52 172	29 638	29 377	43 154	46 310
Recoverable Value-added Tax			40 233	11 122	6 086
Total Additions Including From Business Combinations Property Plant Equipment		88 542	9 062	186 966	141 204	121 055	84 966	8 751
Total Assets Less Current Liabilities	2 243 612	1 759 661	2 132 428	2 145 803	2 084 783	3 567 972	2 826 402	2 431 095
Total Borrowings	829 049	838 028	709 899	780 938		2 893 250	2 368 508	1 979 961
Trade Creditors Trade Payables	550 493	1 151 884	966 539	737 583	755 159	1 649 970	760 595	614 844
Trade Debtors Trade Receivables	1 573 767	2 011 118	2 214 638	2 137 669	2 586 629	3 452 478	3 020 830	2 468 391
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment			2 969
Administrative Expenses						3 425 210	3 753 825	3 331 134
Amortisation Expense Intangible Assets						138 334	1 000	96 323
Applicable Tax Rate						19	19	19
Cash Cash Equivalents Cash Flow Value						1 226 851	250 024
Corporation Tax Recoverable						52 343	52 560	23 915
Cost Sales						22 916 060	18 131 873	19 801 006
Current Tax For Period						-1 088
Deferred Tax Asset Debtors							2 278	2 044
Deferred Tax Assets							47 522	25 477
Depreciation Amortisation Expense						229 446	91 560	178 549
Depreciation Expense Property Plant Equipment						86 057	77 455	58 731
Further Operating Expense Item Component Total Operating Expenses						11 319	5 000	20 203
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss						-107 975	91 092	188 716
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						1 249 533	53 111	-418 536
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						-2 146 283	-407 020	813 777
Gain Loss On Disposal Assets Income Statement Subtotal						-1 877	692	-10 760
Gain Loss On Disposals Property Plant Equipment						-1 877	692	-10 760
Government Grant Income						266 061	38 682
Gross Profit Loss						3 263 113	3 395 772	3 335 294
Income Taxes Paid Refund Classified As Operating Activities						-79 924	-217	28 645
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation						1 203 289	-976 827	-182 183
Increase Decrease In Property Plant Equipment							34 045
Increase Decrease In Stocks Inventories Finished Goods Work In Progress						-37 706	-200 868	310 709
Interest Expense On Bank Loans Similar Borrowings						100 953	70 444	109 297
Interest Expense On Bank Overdrafts						10 556	5 034	12 342
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts						287	1 147	2 163
Interest Paid Classified As Operating Activities						-111 509	-75 478	-121 639
Interest Payable Similar Charges Finance Costs						111 796	76 625	123 802
Net Cash Flows From Used In Financing Activities						-2 019 786	531 784	388 547
Net Cash Flows From Used In Investing Activities						101 020	77 749	165 196
Net Cash Flows From Used In Operating Activities						715 477	367 294	-371 560
Net Cash Generated From Operations						523 757	290 452	-466 717
Net Interest Received Paid Classified As Investing Activities						-35	-217
Number Shares Issued Fully Paid					10 000	10 000	10 000	10 000
Operating Profit Loss						103 964	-228 279	192 876
Other Deferred Tax Expense Credit						3 156	-48 588	234
Other Interest Receivable Similar Income Finance Income						35	217
Other Operating Income Format1						266 061	129 774	188 716
Par Value Share					1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities						-2 844	-11 372	-19 702
Pension Other Post-employment Benefit Costs Other Pension Costs						127 785	130 882	120 400
Proceeds From Borrowings Classified As Financing Activities						-2 127 090
Proceeds From Sales Property Plant Equipment						-20 000	-7 000	-36 201
Profit Loss On Ordinary Activities Before Tax						-7 797	-304 687	69 074
Purchase Intangible Assets								-192 646
Purchase Property Plant Equipment						-121 055	-84 966	-8 751
Repayments Borrowings Classified As Financing Activities						-148 148	-538 358	-368 845
Social Security Costs						173 373	163 944	156 209
Staff Costs Employee Benefits Expense						2 338 846	2 082 993	1 923 727
Tax Decrease Increase From Effect Tax Incentives							2 048
Tax Expense Credit Applicable Tax Rate						-1 481	-57 891	13 124
Tax Increase Decrease From Effect Capital Allowances Depreciation							13 677	-13 677
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss						1 502	2 517	1 286
Tax Increase Decrease From Other Tax Effects Tax Reconciliation							-4 843	-499
Tax Tax Credit On Profit Or Loss On Ordinary Activities						-49 152	-48 588	234
Total Additions Including From Business Combinations Intangible Assets								192 646
Total Current Tax Expense Credit						-52 308
Total Operating Lease Payments						346 227	368 807	221 343
Turnover Revenue						26 179 173	21 527 645	23 136 300
Wages Salaries						2 037 688	1 788 167	1 647 118

Company staff

Andrew M.

Role: Director

Appointed: 04 January 2011

Latest update: 5 February 2024

Jane W.

Role: Director

Appointed: 04 January 2011

Latest update: 5 February 2024

People with significant control

Andrew M.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Jane W.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	18 January 2024
Confirmation statement last made up date	04 January 2023

Annual Accounts
Start Date For Period Covered By Report	01 April 2016
End Date For Period Covered By Report	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	01 April 2017
End Date For Period Covered By Report	31 March 2018
Annual Accounts
Start Date For Period Covered By Report	01 April 2018
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	01 April 2019
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	01 April 2022
End Date For Period Covered By Report	31 March 2023

Fwg Sales Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Andrew M.

Jane W.

Barry W.

People with significant control

Andrew M.

Jane W.

Accounts Documents

Company filings

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