G.t. Towing Limited in Herts, AL9 5SD

Description

Data updated on: 01-11-2023

The exact day this company was founded is 19th February 1991. Established under 02583734, the firm is classified as a Private Limited Company. You may visit the office of the company during office times at the following address: Great North Road Hatfield, AL9 5SD Herts. The enterprise's Standard Industrial Classification Code is 45190 meaning Sale of other motor vehicles. G.t. Towing Ltd filed its latest accounts for the financial year up to 2023-01-31. The business most recent annual confirmation statement was submitted on 2022-12-20.

Because of this particular company's growth, it became necessary to find extra company leaders, among others: Adam T., Sally S., Amanda M. who have been cooperating for 25 years to fulfil their statutory duties for the following company. Furthermore, the director's efforts are constantly assisted with by a secretary - Sally S., who was chosen by this company on 19th February 1993.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-01-31	2015-01-31	2016-01-31	2017-01-31	2018-01-31	2019-01-31	2020-01-31	2021-01-31	2022-01-31	2023-01-31
Currency
Net Worth	630 909	667 921

Balance Sheet
Cash Bank In Hand	437	17 834
Cash Bank On Hand		17 834	317 437	348 681	332 260	551 687	506 371	1 150 497	1 220 233	977 899
Current Assets	1 306 909	1 320 800	1 723 630	1 630 384	1 557 001	1 738 474	1 187 768	1 676 710	2 136 429	2 207 843
Debtors	447 130	390 930	330 616	72 019	58 841	56 493	53 388	45 644	37 831	73 514
Intangible Fixed Assets	7 829	939
Net Assets Liabilities	-939	666 982	785 116	456 033	590 363	772 609	533 254	986 424	1 356 166	1 633 039
Net Assets Liabilities Including Pension Asset Liability	630 909	667 921
Other Debtors		10 362	9 490	8 679
Property Plant Equipment		103 929	129 061	117 807	87 880	63 225	56 318	56 005	287 308	291 254
Stocks Inventory	859 342	912 036
Tangible Fixed Assets	104 152	103 929
Total Inventories		912 036	1 075 577	1 209 684	1 165 900	1 130 294	628 009	480 569	878 365	1 156 430

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	630 809	667 821
Shareholder Funds	630 909	667 921

Other Financial Data
Audit Fees Expenses	2 500
Accrued Liabilities Deferred Income				53 494	70 179	46 535	24 545	85 788	92 506	37 383
Accumulated Amortisation Impairment Intangible Assets		137 800	137 800	137 800	137 800	137 800	137 800	137 800	137 800
Accumulated Depreciation Impairment Property Plant Equipment		351 518	382 969	407 268	439 868	443 093	466 947	485 015	516 436	579 230
Additional Provisions Increase From New Provisions Recognised			10 791
Adjustment For Prior Periods Leading To An Increase Decrease In Tax Charge	5	-15
Administrative Expenses	1 069 903	1 074 518	1 060 201
Amortisation Intangible Assets Expense	6 890	6 890
Amounts Owed By Group Undertakings		329 657	280 835
Amounts Owed By Group Undertakings Other Participating Interests Within One Year	383 347	329 657
Amounts Owed To Group Undertakings				289 826
Applicable Tax Rate		21	20
Average Number Employees During Period				26	29	28	27	26	23	23
Bank Borrowings Overdrafts	301 474	240 460	377 597	498 908	463 589	449 593	249 642
Bank Overdrafts	301 474	240 460	377 597
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	-8 526	-2 048
Comprehensive Income Expense		295 902	370 134
Corporation Tax Payable				123 899	113 616	121 244	18 516	177 441	113 565	128 362
Cost Sales	3 015 871	3 188 014	3 608 815
Creditors		742 726	1 041 763	1 269 994	1 038 909	1 017 844	700 394	738 103	1 018 621	822 350
Creditors Due Within One Year	750 789	742 726
Current Tax For Period		73 485	91 818
Debtors Due Within One Year	447 130	390 930
Deferred Tax Liabilities		15 021	25 812
Depreciation Expense Property Plant Equipment		39 267	31 451
Depreciation Tangible Fixed Assets Expense	37 330	39 267
Difference Between Accumulated Depreciation Amortisation Capital Allowances	37 192	15 021
Disposals Decrease In Depreciation Impairment Property Plant Equipment				8 455		29 890
Disposals Property Plant Equipment				8 455		32 025
Dividends Paid		252 000	252 000
Dividends Paid On Shares Interim		252 000	252 000
Finished Goods				1 209 684	1 165 900	1 130 294	628 009	480 569	878 365	1 156 430
Fixed Assets	111 981	104 868	129 061	117 807	87 880	63 225	56 318	56 005	293 983	291 254
Gain Loss From Disposal Fixed Assets	9 116	200
Gain Loss On Disposals Property Plant Equipment		200
Gross Profit Loss	1 362 542	1 383 144	1 516 792
Increase Decrease In Current Tax From Adjustment For Prior Periods		-15	-133
Increase From Depreciation Charge For Year Property Plant Equipment			31 451	32 754	32 600	33 115	23 854	18 068	24 746	62 794
Intangible Assets	-939	-939
Intangible Assets Gross Cost		137 800	137 800	137 800	137 800	137 800	137 800	137 800	137 800
Intangible Fixed Assets Aggregate Amortisation Impairment	129 971	136 861
Intangible Fixed Assets Amortisation Charged In Period		6 890
Intangible Fixed Assets Cost Or Valuation	137 800
Interest Payable Similar Charges	2 020	1 560
Interest Payable Similar Charges Finance Costs		1 560	1 897
Net Current Assets Liabilities	556 120	578 074	681 867	360 390	518 092	720 630	487 374	938 607	1 117 808	1 385 493
Net Increase Decrease In Shareholders Funds	-28 637	37 012
Number Shares Allotted		100
Number Shares Issued Fully Paid			100					16	16
Operating Profit Loss	310 498	341 872	474 349
Other Creditors		97 668	157 190	89 570	5 100	41 998	43 949	92 582	84 466	29 968
Other Creditors Due Within One Year	149 076	97 668
Other Deferred Tax Expense Credit		-22 170	10 791
Other Interest Receivable Similar Income	125
Other Interest Receivable Similar Income Finance Income			158
Other Operating Income	17 859	33 246
Other Operating Income Format1		33 246	17 758
Other Taxation Social Security Payable		100 403	120 745	138 524	10 456	10 318	11 287	9 917	10 490	12 001
Par Value Share		1	1					1	1
Pension Costs	3 120	3 120
Profit Loss		295 902	370 134
Profit Loss For Period	223 363	289 012
Profit Loss On Ordinary Activities Before Tax	308 603	340 312	472 610
Property Plant Equipment Gross Cost		455 447	512 030	525 075	527 748	506 318	523 265	541 020	803 744	870 484
Provisions		15 021	25 812
Provisions Charged Credited To Profit Loss Account During Period		-22 171
Provisions For Liabilities Balance Sheet Subtotal		15 021	25 812	22 164	15 609	11 246	10 438	8 188	55 625	43 708
Provisions For Liabilities Charges	37 192	15 021
Share Capital Allotted Called Up Paid	100	100
Standard Nominal Tax Rate	22	21
Tangible Fixed Assets Additions		39 044
Tangible Fixed Assets Cost Or Valuation	418 753	455 447
Tangible Fixed Assets Depreciation	314 601	351 518
Tangible Fixed Assets Depreciation Charged In Period		39 267
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		2 350
Tangible Fixed Assets Disposals		2 350
Taxation Social Security Due Within One Year	104 865	100 403
Tax Expense Credit Applicable Tax Rate		72 926	95 184
Tax Increase Decrease From Effect Capital Allowances Depreciation		2 048
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	68 294	71 479
Tax On Profit Or Loss On Ordinary Activities	85 240	51 300
Tax Tax Credit On Profit Or Loss On Ordinary Activities		51 300	102 476
Total Additions Including From Business Combinations Property Plant Equipment			56 583	21 500	2 673	10 595	16 947	17 755	262 724	66 740
Total Assets Less Current Liabilities	668 101	682 003	810 928	478 197	605 972	783 855	543 692	994 612	1 411 791	1 676 747
Total Current Tax Expense Credit		73 470	91 685
Total Dividend Payment	252 000	252 000
Total U K Foreign Current Tax After Adjustments Relief	74 808	73 470
Trade Creditors Trade Payables		304 195	386 231	253 166	316 413	329 747	352 134	314 261	692 045	563 126
Trade Creditors Within One Year	195 374	304 195
Trade Debtors Trade Receivables		50 911	40 291	63 340	48 461	46 195	39 883	39 764	31 981	66 356
Turnover Gross Operating Revenue	4 378 413	4 571 158
Turnover Revenue		4 571 158	5 125 607
U K Current Corporation Tax	74 808	73 485
U K Deferred Tax	10 432	-22 170
Recoverable Value-added Tax							4 091