George Varney (bulk Services) Limited in Loughborough, LE12 9BS

Description

Data updated on: 01-11-2023

01225679 - registration number for George Varney (bulk Services) Limited. It was registered as a Private Limited Company on 1975-09-09. It has been present on the market for the last fourty nine years. The company can be gotten hold of in 47 Ashby Road Central Shepshed in Loughborough. The head office's postal code assigned to this location is LE12 9BS. This enterprise's Standard Industrial Classification Code is 49410 which means Freight transport by road. 2022-03-31 is the last time account status updates were reported.

George Varney (bulk Services) Ltd is a large-sized transport company with the licence number OF0207632. The firm has two transport operating centres in the country. In their subsidiary in Loughborough on Ashby Road, 16 machines and 16 trailers are available. The centre in Northampton on Watford has 21 machines and 23 trailers.

On April 28, 2015, the corporation was employing a Lgv Class 1 Drivers Wanted to fill a full time post in Northampton, Midlands. They offered a full time job with wage from £13.8 to £17.9 per hour. The offered position required no experience. George Varney (bulk Services) required people with more than one year of professional experience. All the applications should include reference id G Varney.

The following limited company owes its achievements and unending development to a group of three directors, who are Belinda S., Finisia S. and Justin S., who have been in the company since October 2020. In addition, the director's responsibilities are constantly supported by a secretary - Andrew D., who was appointed by the following limited company in 2015.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	300	300	300
Current Assets	1 992 146	2 411 766	2 798 908
Debtors	1 935 487	2 399 189	2 760 764
Net Assets Liabilities	1 652 696	2 033 917	2 206 017
Other Debtors	5 091	8 997	4 599
Property Plant Equipment	2 558 178	3 530 772	4 809 180
Total Inventories	56 359	12 277	37 844

Other Financial Data
Audit Fees Expenses		7 485	7 235
Accrued Liabilities	29 689	35 736	49 724
Accumulated Depreciation Impairment Property Plant Equipment	1 655 910	2 067 085	2 604 083
Additional Provisions Increase From New Provisions Recognised		121 810
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss			486 207
Administrative Expenses		564 397	702 479
Amounts Owed By Group Undertakings	282 553	64 810	730 479
Amounts Owed To Group Undertakings	8 531	45 990	22 500
Applicable Tax Rate		19	19
Average Number Employees During Period	46	53	57
Bank Borrowings Overdrafts	5 502	121 079	288 142
Bank Overdrafts	5 502	121 079	288 142
Comprehensive Income Expense		381 221	172 100
Corporation Tax Payable	16 607	398	540
Cost Sales		8 942 190	10 003 298
Creditors	560 436	660 460	1 369 083
Current Tax For Period		398
Depreciation Expense Property Plant Equipment		340 878	350 784
Disposals Decrease In Depreciation Impairment Property Plant Equipment		263 035	342 719
Disposals Property Plant Equipment		319 629	496 037
Finance Lease Liabilities Present Value Total	551 905	883 103	1 136 650
Finance Lease Payments Owing Minimum Gross		911 905	1 206 790
Further Operating Expense Item Component Total Operating Expenses		55 000	-10 304
Future Finance Charges On Finance Leases		28 802	70 140
Gain Loss On Disposals Property Plant Equipment		45 906	110 309
Gross Profit Loss		1 108 251	962 907
Increase Decrease Due To Transfers Between Classes Property Plant Equipment		-132 538	-88 877
Increase From Depreciation Charge For Year Property Plant Equipment		776 878	961 194
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts		42 304	61 412
Interest Payable Similar Charges Finance Costs		45 057	62 160
Net Current Assets Liabilities	-300 667	-670 206	-581 684
Number Shares Issued Fully Paid		100	100
Operating Profit Loss		548 486	279 954
Other Creditors	20 326	28 206	4 429
Other Deferred Tax Expense Credit		121 810	486 207
Other Operating Income Format1		4 632	19 526
Other Taxation Social Security Payable	129 560	206 275	127 777
Par Value Share		1	1
Pension Other Post-employment Benefit Costs Other Pension Costs		79 972	95 984
Prepayments	250 828	217 744	266 967
Present Value Finance Lease Receivables		21 701	15 619
Profit Loss		381 221	172 100
Profit Loss On Ordinary Activities Before Tax		503 429	217 794
Property Plant Equipment Gross Cost	4 214 088	5 597 857	7 413 263
Provisions	44 379	166 189	652 396
Provisions For Liabilities Balance Sheet Subtotal	44 379	166 189	652 396
Raw Materials		12 277	37 844
Social Security Costs		173 057	200 185
Staff Costs Employee Benefits Expense		2 043 381	2 268 822
Tax Decrease Increase From Effect Revenue Exempt From Taxation		13 923	28 172
Tax Expense Credit Applicable Tax Rate		95 652	41 381
Tax Increase Decrease From Effect Capital Allowances Depreciation		-89 204	-460 390
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		7 873	6 668
Tax Tax Credit On Profit Or Loss On Ordinary Activities		122 208	45 694
Total Additions Including From Business Combinations Property Plant Equipment		1 835 936	2 400 320
Total Assets Less Current Liabilities	2 257 511	2 860 566	4 227 496
Total Borrowings	1 189 899	1 618 652	2 771 375
Total Current Tax Expense Credit		398	-440 513
Trade Creditors Trade Payables	601 766	642 343	566 367
Trade Debtors Trade Receivables	1 397 015	2 085 937	1 743 100
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment		-102 668	-81 477
Turnover Revenue		10 050 441	10 966 205
Wages Salaries		1 790 352	1 972 653