Grindtec Limited in Oldbury, B69 4HH

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www.grindtec.co.uk

Description

Data updated on: 01-11-2023

Grindtec Limited could be found at Unit 2 Springfield Estate, Manchester Street in Oldbury. The firm area code is B69 4HH. Grindtec has been active on the British market since the company was established in 2009. The firm Companies House Registration Number is 06986090. The firm's classified under the NACE and SIC code 25730 and their NACE code stands for Manufacture of tools. 2022-08-31 is the last time when the company accounts were reported.

With two job offers since 2014-06-25, the corporation has been relatively active on the employment market. On 2017-11-08, it was recruiting job candidates for a full time Cylindrical grinder position in Oldbury, and on 2014-06-25, for the vacant position of a full time Cylindrical / Surface Grinder in Oldbury.

In order to satisfy the customer base, the following business is constantly improved by a body of two directors who are Darren A. and Stephen W.. Their successful cooperation has been of great importance to the business since February 2010. To provide support to the directors, this particular business has been utilizing the skills of Stephen W. as a secretary since the appointment on 9th April 2010.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-08-31	2012-08-31	2013-08-31	2014-08-31	2015-08-31	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	49 812	43 668	21 628	24 735	21 286	22 876

Balance Sheet
Cash Bank In Hand	27 492	63 843	8 430	49 160	52 123	22 904
Cash Bank On Hand						22 904	34 615	115 919	104 617	77 346	77 589	179 145	117 681
Current Assets	109 645	113 874	77 020	123 089	116 735	89 899	126 835	214 942	162 944	143 368	134 724	226 336
Debtors	81 753	49 631	68 190	73 529	64 212	66 595	91 945	98 623	57 942	65 562	56 625	46 765	61 911
Net Assets Liabilities						22 876	39 940	122 790	94 737	89 067	80 112	133 977	110 621
Net Assets Liabilities Including Pension Asset Liability	49 812	43 668	21 628	24 735	21 286	22 876
Property Plant Equipment						32 785	24 995	45 260	39 123	35 543	31 826	38 075	33 857
Stocks Inventory	400	400	400	400	400	400
Tangible Fixed Assets	5 710	9 105	19 021	15 056	12 768	32 785
Total Inventories						400	275	400	385	460	510	425	490

Capital & Reserves
Called Up Share Capital	200	200	400	400	400	400
Profit Loss Account Reserve	49 612	43 468	21 228	24 335	20 886	22 476
Shareholder Funds	49 812	43 668	21 628	24 735	21 286	22 876

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						23 839	32 135	40 793	47 752	53 466	58 126	62 775
Administrative Expenses	63 852					117 121	107 207
Average Number Employees During Period							8	8	9	8	7	8	8
Corporation Tax Due Within One Year	17 484	19 696
Cost Sales	114 530
Creditors						16 043	11 858	7 673	3 488	83 091	80 353	123 176	96 971
Creditors Due After One Year						16 043
Creditors Due Within One Year	64 485	77 399	70 609	110 398	105 663	77 208
Current Tax For Period						7 379	16 896
Debtors Due Within One Year	81 753	49 631
Deferred Tax Liability	1 058	1 912
Depreciation Expense Property Plant Equipment						3 206	2 726
Depreciation Tangible Fixed Assets Expense	1 848	2 755
Dividends Paid						42 000	44 000
Dividends Paid On Shares						42 000	44 000
Finance Lease Liabilities Present Value Total						20 228	16 043	11 858	3 488	3 488
Future Minimum Lease Payments Under Non-cancellable Operating Leases						17 825	17 825
Gross Profit Loss	153 468					172 454	184 091
Increase From Depreciation Charge For Year Property Plant Equipment							8 296	8 658	6 959	5 714	4 660	5 035
Interest Payable Similar Charges Finance Costs						363	732
Net Current Assets Liabilities	45 160	36 475	6 411	12 691	11 072	12 691	31 552	93 802	67 701	60 277	54 371	103 158	83 111
Number Shares Allotted		200	200	200	200	200							200
Number Shares Issued Fully Paid									200	200	200	200
Operating Profit Loss	89 618					55 333	76 884
Other Creditors Due Within One Year	4 274	19 806
Other Deferred Tax Expense Credit						4 003	-1 808
Other Interest Receivable Similar Income	5
Other Interest Receivable Similar Income Finance Income						2
Other Operating Income	2
Other Taxation Social Security Within One Year	1 728	2 850
Par Value Share		1	1	1	1	1			1	1	1	1	1
Profit Loss						43 590	61 064
Profit Loss For Period	71 270
Profit Loss On Ordinary Activities Before Tax	89 623					54 972	76 152
Property Plant Equipment Gross Cost						56 624	57 130	86 053	86 875	89 009	89 952	100 851
Provisions For Liabilities Balance Sheet Subtotal						6 557	4 749	8 599	8 599	6 753	6 085	7 257	6 347
Provisions For Liabilities Charges	1 058	1 912	3 804	3 012	2 554	6 557
Share Capital Allotted Called Up Paid	200	200	200	200	200	200
Stocks Raw Materials Consumables	400	400
Tangible Fixed Assets Additions		5 465	16 243	820	1 598	24 192
Tangible Fixed Assets Cost Or Valuation	7 621	13 771	30 014	30 834	32 432	56 624
Tangible Fixed Assets Depreciation	1 911	4 666	10 993	15 778	19 664	23 839
Tangible Fixed Assets Depreciation Charged In Period		2 284	6 327	4 785	3 886	4 175
Tax On Profit Or Loss On Ordinary Activities	18 353
Tax Tax Credit On Profit Or Loss On Ordinary Activities						11 382	15 088
Total Additions Including From Business Combinations Property Plant Equipment							506	28 923	822	2 134	943	11 405
Total Assets Less Current Liabilities	50 870	45 580	25 432	27 747	23 840	45 476	56 547	139 062	106 824	95 820	86 197	141 234	116 968
Total Dividend Payment	31 000
Trade Creditors Within One Year	17 467	8 808
Turnover Gross Operating Revenue	267 998
U K Current Corporation Tax	17 484
U K Deferred Tax	869
V A T Due Total Creditors	10 085	7 232
Accrued Liabilities									8 229	2 933	3 015
Additional Provisions Increase From New Provisions Recognised												1 172
Corporation Tax Payable									13 190	13 116	10 903
Deferred Tax Liabilities											-668	1 172
Director Remuneration Benefits Excluding Payments To Third Parties	13 140	15 376
Disposals Decrease In Depreciation Impairment Property Plant Equipment												386
Disposals Property Plant Equipment												506
Other Creditors									29 626	27 672	25 761
Other Taxation Social Security Payable									3 217	2 031	990
Prepayments									6 698	6 925	6 925
Provisions											6 085	7 257
Trade Creditors Trade Payables									19 833	16 257	12 597
Trade Debtors Trade Receivables									51 244	58 637	49 700
Finished Goods Goods For Resale												425	490

Company staff

Stephen W.

Role: Secretary

Appointed: 09 April 2010

Latest update: 29 January 2024

Darren A.

Role: Director

Appointed: 17 February 2010

Latest update: 29 January 2024

Stephen W.

Role: Director

Appointed: 17 February 2010

Latest update: 29 January 2024

People with significant control

Executives who control the firm include: Darren A. has substantial control or influence over the company. Stephen W. has substantial control or influence over the company.

Darren A.

Notified on 26 November 2016

Nature of control:

substantial control or influence

Stephen W.

Notified on 26 November 2016

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	31 May 2024
Account last made up date	31 August 2022
Confirmation statement next due date	10 December 2023
Confirmation statement last made up date	26 November 2022

Annual Accounts 16th January 2014
Start Date For Period Covered By Report	01 September 2012
End Date For Period Covered By Report	31 August 2013
Date Approval Accounts	16th January 2014
Annual Accounts 2nd December 2014
Start Date For Period Covered By Report	01 September 2013
End Date For Period Covered By Report	31 August 2014
Date Approval Accounts	2nd December 2014
Annual Accounts 17th November 2015
Start Date For Period Covered By Report	01 September 2014
End Date For Period Covered By Report	31 August 2015
Date Approval Accounts	17th November 2015
Annual Accounts 7th December 2016
Start Date For Period Covered By Report	01 September 2015
End Date For Period Covered By Report	31 August 2016
Date Approval Accounts	7th December 2016
Annual Accounts
Start Date For Period Covered By Report	01 September 2016
End Date For Period Covered By Report	31 August 2017
Annual Accounts
Start Date For Period Covered By Report	01 September 2017
End Date For Period Covered By Report	31 August 2018
Annual Accounts
Start Date For Period Covered By Report	01 September 2018
End Date For Period Covered By Report	31 August 2019
Annual Accounts
Start Date For Period Covered By Report	01 September 2019
End Date For Period Covered By Report	31 August 2020
Annual Accounts
Start Date For Period Covered By Report	01 September 2020
End Date For Period Covered By Report	31 August 2021
Annual Accounts
Start Date For Period Covered By Report	01 September 2021
End Date For Period Covered By Report	31 August 2022
Annual Accounts 8th November 2012
End Date For Period Covered By Report	31 August 2012
Date Approval Accounts	8th November 2012
Annual Accounts
End Date For Period Covered By Report	31 August 2022

Cylindrical grinder in Oldbury, posted on Wednesday 8th November 2017
Region / City	Midlands, Oldbury
Industry	Uncategorised manufacturing services
Work hours	Annual hours
Job type	full time
Career level	experienced (non-managerial)
Application by email	grindtec@hotmail.co.uk
Job reference code	GRINDTEC


Cylindrical / Surface Grinder in Oldbury, posted on Wednesday 25th June 2014
Region / City	Midlands, Oldbury
Industry	Other manufacturing services
Salary	From £9.00 to £11.50 per hour
Job type	full time
Career level	none

Grindtec Limited

General information

Name:

Office Address:

Contact information

Website

www.grindtec.co.uk

Description

Financial data based on annual reports

Company staff

Stephen W.

Darren A.

Stephen W.

Peter G.

People with significant control

Darren A.

Stephen W.

Accounts Documents

Jobs and Vacancies at Grindtec Ltd

Company filings

Filing category

Additional Information

HQ address, 2012

Address:

Post code:

City / Town:

Accountant/Auditor, 2013 - 2014

Name:

Address:

Post code:

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Accountant/Auditor, 2016 - 2015

Name:

Address:

Post code:

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Accountant/Auditor, 2012

Name:

Address:

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