Gearform Holdings Ltd in Wadhurst, TN5 6DF

Description

Data updated on: 01-11-2023

This enterprise is known under the name of Gearform Holdings Ltd. This company first started three years ago and was registered under 13372386 as the reg. no. The head office of this company is based in Wadhurst. You may visit it at Unit F, Durgates Industrial Estate. The company's principal business activity number is 82990 which means Other business support service activities not elsewhere classified. Sunday 31st July 2022 is the last time when account status updates were reported.

Considering the enterprise's number of employees, it was imperative to acquire additional directors: Jonathan N. and Adam A. who have been supporting each other since May 2021 for the benefit of the limited company.

The companies with significant control over this firm are: Gearform Trustees Limited has substantial control or influence over the company owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Wadhurst at Durgates Industrial Estate, TN5 6DF and was registered as a PSC under the reg no 13506472.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-05-31	2022-07-31	2023-07-31
Currency

Balance Sheet
Cash Bank On Hand		1 586 646	1 703 121
Current Assets	1	8 433 332	9 256 736
Debtors	1	2 670 407	123 776
Net Assets Liabilities	1	230 304	168 324
Other Debtors	1	123 776	123 776
Total Inventories		4 176 279	4 325 411

Other Financial Data
Audit Fees Expenses		28 000	35 000
Fees For Non-audit Services		20 863	25 251
Other Assurance Services Fees		15 863	20 251
Taxation Compliance Services Fees		5 000	5 000
Accumulated Amortisation Impairment Intangible Assets		9 741	19 482
Accumulated Depreciation Impairment Property Plant Equipment		-7 019	2 838
Acquired Through Business Combinations Intangible Assets		5 987
Acquired Through Business Combinations Property Plant Equipment		6 504
Additional Provisions Increase From New Provisions Recognised		213 138	19 688
Additions Other Than Through Business Combinations Intangible Assets		97 408	11 992
Additions Other Than Through Business Combinations Investment Property Fair Value Model		30 443	39 996
Additions Other Than Through Business Combinations Property Plant Equipment		34 102	20 943
Administration Support Average Number Employees		126	130
Administrative Expenses		9 776 623	10 372 216
Amortisation Expense Intangible Assets		-1 797 884	-37 790
Amortisation Negative Goodwill Recognised In Profit Loss		1 808 324	49 934
Amounts Owed To Related Parties		959 711	1 311 950
Applicable Tax Rate	19	19	21
Average Number Employees During Period		300	311
Balances With Banks		1 568 400	1 689 811
Bank Borrowings		7 805	1 137
Bank Borrowings Overdrafts		-482 167	-753 564
Bank Overdrafts		482 167	753 564
Cash Cash Equivalents		1 586 646	1 703 121
Cash Cash Equivalents Cash Flow Value		1 104 479
Cash On Hand		18 246	13 310
Cash Transferred To Acquire Entity		10 631
Comprehensive Income Expense		3 063 414	818 514
Corporation Tax Recoverable		22 637	476 133
Cost Sales		9 143 514	7 672 028
Creditors		2 645 116	2 345 450
Current Tax For Period		217 828	-172 998
Debt Funds Acquired With Subsidiaries		2 942 832
Deferred Tax Asset Debtors		48 510
Deferred Tax Assets		48 510
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		81 505	63 858
Deferred Tax Liabilities		213 138	232 826
Depreciation Amortisation Expense		-1 508 801	195 239
Depreciation Expense Property Plant Equipment		289 083	233 029
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-13 523	-235
Disposals Property Plant Equipment		-13 523	-4 557
Finance Lease Liabilities Present Value Total		56 547	114 648
Financial Assets Acquired		11 905
Financial Liabilities		2 713 753	2 345 450
Financial Liabilities Assumed		-15 146
Finished Goods Goods For Resale		1 080 555	835 617
Fixed Assets		4 011 689	4 001 948
Foreign Exchange Differences Increase Decrease In Depreciation Impairment Property Plant Equipment		1 064	-2 009
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities		846 589	59 456
Further Item Non-operating Gain Loss Before Tax Income Statement Item Component Profit Or Loss Before Tax		58 841
Future Minimum Lease Payments Under Non-cancellable Operating Leases		221 713	412 130
Gain Loss From Revaluation Property Plant Equipment Recognised In Profit Or Loss		-4 940	6 443
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables		5 601 715	-670 240
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	1	2 599 259	152 811
Gain Loss In Cash Flows From Change In Inventories		4 176 279	149 132
Gain Loss On Disposals Property Plant Equipment		-4 940	6 443
Gain Loss On Fair Value Hedged Items Attributable To Hedged Risk		218 439
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss		41 170	436
Goodwill Arising On Business Combination		5 987
Gross Profit Loss		12 557 382	11 297 540
Income Taxes Paid Refund Classified As Operating Activities		132 831	272 368
Increase Decrease Due To Transfers Into Or Out Property Plant Equipment		-166 562
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model		218 439
Increase Decrease From Foreign Exchange Differences Intangible Assets			-195
Increase Decrease From Foreign Exchange Differences Property Plant Equipment		11 228	-1 968
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		984 441	-48 904
Increase Decrease In Cash Cash Equivalents From Foreign Exchange Differences		120 038	-106 018
Increase Decrease In Current Tax From Adjustment For Prior Periods		92	3 671
Increase Decrease In Net Debt From Cash Flows		-2 874 056	-562 395
Increase From Amortisation Charge For Year Intangible Assets		9 741	9 741
Increase From Depreciation Charge For Year Property Plant Equipment		6 504	2 838
Intangible Assets		87 667	77 926
Intangible Assets Gross Cost		97 408	97 408
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings		71 456	106 124
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss			52 239
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts		3 329	2 004
Interest Paid Classified As Financing Activities		-74 785	-160 367
Interest Paid Classified As Operating Activities		15 944	160 367
Interest Payable Similar Charges Finance Costs		74 785	160 367
Interest Received Classified As Investing Activities			567
Interest Received Classified As Operating Activities		218 439	567
Inventories Acquired		1 827
Investment Property		415 443	455 439
Investment Property Fair Value Model		415 443	455 439
Investments Fixed Assets		3 924 022	3 924 022
Investments In Subsidiaries		3 924 022	3 924 022
Issue Equity Instruments	1	123 775
Key Management Personnel Compensation Short-term Employee Benefits		579 702	450 467
Net Cash Flows From Used In Financing Activities	1	-994 353	247 106
Net Cash Flows From Used In Investing Activities		1 738 749	-165 579
Net Cash Flows From Used In Operating Activities	-1	240 045	-130 431
Net Cash Generated From Operations	-1	372 876	141 937
Net Cash Inflow Outflow From Operations Before Movements In Working Capital		1 546 699	1 114 120
Net Current Assets Liabilities	1	-1 136 269	-1 488 174
Net Debt Funds		68 776	-493 619
Net Identifiable Assets Liabilities Acquired		4 644
Number Shares Issued Fully Paid	1	123 776	123 776
Operating Profit Loss		3 050 560	925 324
Other Comprehensive Income Expense Net Tax		109 784	-52 479
Other Creditors		300 334	300 000
Other Employee Expense		322 037	270 783
Other Finance Income			567
Other Interest Receivable Similar Income Finance Income		218 439	567
Other Inventories		1 782 404	2 507 254
Other Operating Income Format1		269 801
Other Payables Accrued Expenses		905 340	945 178
Other Remaining Borrowings			59 456
Other Remaining Operating Income		269 801
Par Value Share	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities		71 874	-9 493
Payments To Acquire Interests In Joint Ventures Associates Participating Interests Classified As Investing Activities		-768 926
Pension Costs Defined Contribution Plan		114 344	99 414
Percentage Class Share Held In Subsidiary		100	100
Percentage Voting Equity Interests Acquired		100
Prepayments		527 936	587 177
Proceeds From Issuing Shares	1	123 775
Proceeds From Sales Property Plant Equipment		3 891	10 765
Production Average Number Employees		174	181
Profit Loss		2 953 630	870 993
Profit Loss Acquiree		167 733
Profit Loss Attributable To Owners Parent		2 953 630	870 993
Profit Loss On Ordinary Activities Before Tax		3 253 055	765 524
Property Plant Equipment Acquired		6 058
Property Plant Equipment Gross Cost		-7 019	20 943
Provisions		213 138	232 826
Provisions For Liabilities Balance Sheet Subtotal		213 138	232 826
Purchase Intangible Assets		-97 408	-11 992
Purchase Investment Properties		-30 443	-39 996
Purchase Property Plant Equipment		-311 197	-124 923
Raw Materials Consumables		1 313 320	982 540
Redundancy Costs		319 937	281 401
Rental Income From Investment Property			14 410
Repayments Borrowings Classified As Financing Activities		-1 961 806
Revenue Acquiree		13 214 346
Revenue From Sale Goods		21 700 896	18 955 158
Social Security Costs		521 396	398 154
Staff Costs Employee Benefits Expense		7 416 356	6 646 262
Taxation Social Security Payable		112 207	157 021
Tax Decrease From Utilisation Tax Losses		-6 846	40 129
Tax Decrease Increase From Effect Tax Incentives		-86 357
Tax Expense Credit Applicable Tax Rate		618 080	160 802
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit		-86 357	-491 700
Tax Increase Decrease From Effect Capital Allowances Depreciation		91 834	78 205
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		-369 412	4 495
Tax Increase Decrease From Effect Foreign Tax Rates			100 382
Tax Increase Decrease From Other Short-term Timing Differences		52 126	-1 453
Tax Tax Credit On Profit Or Loss On Ordinary Activities		299 425	-105 469
Total Assets Less Current Liabilities	1	2 875 420	2 513 774
Total Borrowings		145 515	115 785
Total Consideration Transferred Including Settlement Pre-existing Relationship		3 703 745
Total Operating Lease Payments		78 986	69 948
Trade Creditors Trade Payables		1 539 875	1 071 776
Trade Debtors Trade Receivables		1 778 221	1 803 903
Turnover Revenue		10 131 913	9 109 877
Wages Salaries		6 458 579	5 596 510
Company Contributions To Money Purchase Plans Directors		5 665	5 932
Director Remuneration		257 923	186 428
Number Directors Accruing Benefits Under Defined Benefit Scheme		3	2
Called Up Share Capital Not Paid Not Expressed As Current Asset	1
Number Shares Allotted	1

Company staff

Jonathan N.

Role: Director

Appointed: 03 May 2021

Latest update: 31 March 2024

Adam A.

Role: Director

Appointed: 03 May 2021

Latest update: 31 March 2024

People with significant control

Gearform Trustees Limited

Address: Unit F Durgates Industrial Estate, Wadhurst, TN5 6DF, England

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered Uk

Place registered Companies House

Registration number 13506472

Notified on 1 February 2022

Nature of control:

right to manage directors

substantial control or influence

over 3/4 of shares

3/4 to full of voting rights

Nicholas B.

Notified on 16 June 2021

Ceased on 1 February 2022

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Jonathan N.

Notified on 3 May 2021

Ceased on 16 June 2021

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	30 April 2024
Account last made up date	31 July 2022
Confirmation statement next due date	21 July 2024
Confirmation statement last made up date	07 July 2023

Annual Accounts
Start Date For Period Covered By Report	2021-05-03
End Date For Period Covered By Report	2021-05-31
Annual Accounts
Start Date For Period Covered By Report	2021-06-01
End Date For Period Covered By Report	2022-07-31
Annual Accounts
Start Date For Period Covered By Report	2022-08-01
End Date For Period Covered By Report	2023-07-31

Gearform Holdings Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Jonathan N.

Adam A.

Nicholas B.

People with significant control

Gearform Trustees Limited

Nicholas B.

Jonathan N.

Accounts Documents

Company filings

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