Genesis Timber Engineering Ltd. in Gloucester, GL1 5SQ

Description

Data updated on: 01-11-2023

Genesis Timber Engineering came into being in 1999 as a company enlisted under no 03775971, located at GL1 5SQ Gloucester at Units 11A & 11b. This firm has been in business for 25 years and its status at the time is active. It 's been twenty one years that Genesis Timber Engineering Ltd. is no longer identified under the business name Griggs Timber Engineering. The enterprise's registered with SIC code 43999 and their NACE code stands for Other specialised construction activities not elsewhere classified. 2022-05-31 is the last time when company accounts were reported.

Genesis Timber Engineering Ltd is a small-sized vehicle operator with the licence number OH1092749. The firm has one transport operating centre in the country. In their subsidiary in Gloucester on Mill Place, 3 machines and 2 trailers are available.

The information related to this particular firm's personnel indicates that there are two directors: Simon B. and James S. who joined the team on 1999-05-24.

Previous company's names
Genesis Timber Engineering Ltd. 2003-07-31
Griggs Timber Engineering Ltd 1999-05-24

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	260 229	265 935	276 309	286 034	293 614

Balance Sheet
Cash Bank In Hand	287 195	242 443	226 401	279 756	303 153
Cash Bank On Hand					303 153	448 488	336 412	474 973	485 988	292 832	255 669	109 047
Current Assets	470 811	396 295	434 792	520 738	560 580	719 945	718 349	912 184	731 055	713 703	891 497	618 197
Debtors	108 529	77 139	113 914	148 829	157 864	162 865	250 697	327 603	154 518	253 492	408 183	348 769
Net Assets Liabilities						506 197	456 718	104 000	144 161	168 032	174 746	179 393
Net Assets Liabilities Including Pension Asset Liability		265 935	276 309	286 034	293 614
Other Debtors					43 108	37 762	54 121	63 392	48 718	44 068	41 300	63 029
Property Plant Equipment					79 834	62 608	79 000	61 794	71 230	50 591	26 217
Stocks Inventory	75 087	76 713	94 477	92 153	99 563
Tangible Fixed Assets	13 813	13 284	26 763	102 502	79 834
Total Inventories					99 563	108 592	131 240	109 608	90 549	167 379	227 645	160 381

Capital & Reserves
Called Up Share Capital	3	3	3	3	3
Profit Loss Account Reserve	260 226	265 932	276 306	286 031	293 611
Shareholder Funds	260 229	265 935	276 309	286 034	293 614

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					227 101	250 980	170 923	191 039	194 962	220 600	244 974	253 576
Amounts Owed To Group Undertakings								484 057	447 108	268 130	361 414	158 768
Average Number Employees During Period						14	14	10	9	9	10	9
Creditors					346 800	276 356	330 298	862 493	13 721	55 721	1 055	468 952
Creditors Due After One Year			8 586	4 106
Creditors Due Within One Year	224 395	143 644	176 660	333 100	346 800
Disposals Decrease In Depreciation Impairment Property Plant Equipment						10 118	86 693		21 451			374
Disposals Property Plant Equipment						11 163	115 590		21 452			8 589
Finance Lease Liabilities Present Value Total									13 721	6 333	6 333	1 055
Future Minimum Lease Payments Under Non-cancellable Operating Leases					19 500	20 000	13 333	40 000	40 000	40 000	40 000	13 333
Increase From Depreciation Charge For Year Property Plant Equipment						33 997	6 636	20 116	25 374	25 638	24 374	8 455
Net Current Assets Liabilities	246 416	252 651	258 132	187 638	213 780	443 589	388 051	49 691	96 245	179 119	151 169	149 245
Number Shares Allotted		3	3	3	3
Number Shares Issued Fully Paid							2
Other Creditors					173 493	66 652	18 867	32 162	4 243	3 844	55 319	3 780
Other Taxation Social Security Payable					93 762	109 825	125 245	86 898	64 686	69 171	111 791	139 343
Par Value Share		1	1	1	1		1
Payments Received On Account								162 835	32 809	51 696	68 293	39 902
Property Plant Equipment Gross Cost					306 935	313 588	249 923	252 833	266 192	271 191	25 017	288 231
Provisions For Liabilities Balance Sheet Subtotal							10 333	7 485	9 593	5 957	1 585	4 507
Share Capital Allotted Called Up Paid	3	3	3	3	3
Tangible Fixed Assets Additions		6 264	22 162	115 590	18 294
Tangible Fixed Assets Cost Or Valuation	210 595	216 859	239 021	354 611	306 935
Tangible Fixed Assets Depreciation	196 782	203 575	212 258	252 109	227 101
Tangible Fixed Assets Depreciation Charged In Period		6 793	8 683	39 851	33 114
Tangible Fixed Assets Depreciation Decrease Increase On Disposals					58 122
Tangible Fixed Assets Disposals					65 970
Total Additions Including From Business Combinations Property Plant Equipment						17 816	51 925	2 910	34 811	4 999		2 976
Total Assets Less Current Liabilities	260 229	265 935	284 895	290 140	293 614	506 197	467 051	111 485	167 475	229 710	177 386	183 900
Trade Creditors Trade Payables					79 545	99 879	186 186	96 541	79 631	133 743	137 178	126 104
Trade Debtors Trade Receivables					114 756	125 103	196 576	264 211	105 800	209 424	366 883	285 740
Advances Credits Directors	9 758	15 979	12 378	48 541	50 603
Advances Credits Made In Period Directors		619	21 601	9 937
Advances Credits Repaid In Period Directors		6 840	18 000	46 100
Bank Borrowings Overdrafts										48 333
Increase Decrease In Property Plant Equipment									25 017