Gb Ingredients Limited in Suffolk, IP11 3QW

Description

Data updated on: 01-11-2023

The business is located in Suffolk registered with number: 00269810. This company was set up in 1932. The office of the firm is located at Dock Road Felixstowe. The postal code is IP11 3QW. It 's been nineteen years since This firm's registered name is Gb Ingredients Limited, but up till 2005 the business name was Dsm Bakery Ingredients Uk and up to that point, up till February 1, 2000 the company was known as British Fermentation Products. This means it has used three different names. This firm's SIC code is 10890 and their NACE code stands for Manufacture of other food products n.e.c.. 2023/01/31 is the last time when the accounts were reported.

Gb Ingredients Ltd is a medium-sized vehicle operator with the licence number OF0043238. The firm has one transport operating centre in the country. In their subsidiary in Felixstowe , 18 machines and 22 trailers are available.

Because of this firm's size, it was unavoidable to acquire more directors, among others: William N., Francisco P., Victor M. who have been supporting each other since 2023 to fulfil their statutory duties for this business. In order to support the directors in their duties, this specific business has been utilizing the skills of Ainsley B. as a secretary since December 2002.

Previous company's names
Gb Ingredients Limited 2005-09-06
Dsm Bakery Ingredients Uk Limited 2000-02-01
British Fermentation Products Limited 1932-11-01

Financial data based on annual reports

Profit & Loss
Date of Accounts	2022-01-31	2023-01-31
Currency

Balance Sheet
Cash Bank On Hand	1 465
Current Assets	10 933	15 538
Debtors	6 437	9 976
Net Assets Liabilities	4 661	4 412
Property Plant Equipment	9 034	9 654
Total Inventories	3 031	5 562

Other Financial Data
Audit Fees Expenses	16	18
Company Contributions To Money Purchase Plans Directors	12 531	5 308
Director Remuneration	127 635	86 042
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1
Accrued Liabilities Deferred Income	1 359	2 284
Accumulated Depreciation Impairment Property Plant Equipment	29 808	31 185
Additional Provisions Increase From New Provisions Recognised		1
Administrative Expenses	1 934	1 711
Amounts Owed By Group Undertakings	483	1 631
Amounts Owed To Group Undertakings	12 150	12 262
Applicable Tax Rate	19	19
Average Number Employees During Period	58	57
Bank Borrowings Overdrafts		4 729
Bank Overdrafts		4 729
Comprehensive Income Expense	-127	-249
Corporation Tax Payable	-373	-261
Cost Sales	26 311	38 465
Creditors	14 533	20 101
Current Tax For Period	-6	-51
Deferred Tax Liabilities	806	707
Depreciation Expense Property Plant Equipment	1 338	1 377
Distribution Costs	3 281	3 845
Finished Goods	1 620	1 761
Further Item Interest Expense Component Total Interest Expense	193	190
Future Minimum Lease Payments Under Non-cancellable Operating Leases	23	199
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-86	97
Gain Loss On Disposals Property Plant Equipment	13
Gross Profit Loss	5 536	5 424
Increase Decrease In Current Tax From Adjustment For Prior Periods		-23
Increase From Depreciation Charge For Year Property Plant Equipment		1 377
Interest Payable Similar Charges Finance Costs	193	190
Net Current Assets Liabilities	-3 600	-4 563
Number Shares Issued Fully Paid		199 001
Operating Profit Loss	321	-132
Other Deferred Tax Expense Credit	261	1
Other Taxation Social Security Payable	8	8
Par Value Share		1
Pension Other Post-employment Benefit Costs Other Pension Costs	244	248
Prepayments Accrued Income	232	239
Profit Loss	-127	-249
Profit Loss On Ordinary Activities Before Tax	128	-322
Property Plant Equipment Gross Cost	38 842	40 839
Provisions	773	679
Provisions For Liabilities Balance Sheet Subtotal	773	679
Raw Materials	1 411	3 801
Recoverable Value-added Tax	365	364
Social Security Costs	310	337
Staff Costs Employee Benefits Expense	3 345	3 384
Tax Expense Credit Applicable Tax Rate	24	-61
Tax Increase Decrease From Effect Capital Allowances Depreciation	6	10
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	39	1
Tax Increase Decrease From Other Short-term Timing Differences	186
Tax Tax Credit On Profit Or Loss On Ordinary Activities	255	-73
Total Additions Including From Business Combinations Property Plant Equipment		1 997
Total Assets Less Current Liabilities	5 434	5 091
Total Current Tax Expense Credit	-49	21
Total Deferred Tax Expense Credit	304	-94
Total Operating Lease Payments	1
Trade Creditors Trade Payables	1 389	1 079
Trade Debtors Trade Receivables	5 357	7 742
Turnover Revenue	31 847	43 889
Wages Salaries	2 791	2 799