Guttridge Limited in Spalding, PE11 3UU

Description

Data updated on: 01-11-2023

The company is known under the name of Guttridge Limited. The firm was started sixty two years ago and was registered with 00731549 as its reg. no. This office of the company is registered in Spalding. You may find them at Wardentree Park, Pinchbeck. It currently known as Guttridge Limited, was earlier listed as Guttridge Services. The transformation has occurred in Wednesday 14th March 2007. The enterprise's principal business activity number is 28220 meaning Manufacture of lifting and handling equipment. 2022-12-31 is the last time the accounts were reported.

With 20 recruitment advert since 20th October 2014, the corporation has been one of the most active employers on the labour market. Recently, it was seeking new employees in Pinchbeck and Spalding. They tend to hire full time employers to work in Overtime mode. They hire applicants on such positions as: Dispatch Controller / Operator, Buyer and Production Supervisor.

From the data we have, the limited company was incorporated in 1962 and has so far been presided over by fourteen directors, and out this collection of individuals three (Stuart S., Chen C. and Michael M.) are still a part of the company.

Previous company's names
Guttridge Limited 2007-03-14
Guttridge Services Limited 1962-08-01

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	634 416	626 400	518 488	21 292	910 735	356 254	653 333
Current Assets	3 786 613	3 361 983	3 009 254	2 958 786	4 553 123	4 878 063	6 331 500
Debtors	2 285 429	1 968 980	1 650 593	2 001 662	2 321 753	3 235 131	3 771 662
Net Assets Liabilities	2 478 507	3 844 664	3 527 340	3 738 578	3 435 059	3 634 371	4 141 939
Property Plant Equipment	2 199 096	3 559 747	3 351 740	3 375 359	3 218 690	3 053 443	3 349 002
Total Inventories	866 768	766 603	840 173	935 832	1 320 635	1 286 678	1 906 505
Other Debtors						172 101	150 465

Other Financial Data
Audit Fees Expenses	8 000	8 000	8 000	9 000	9 000	9 000	9 000
Company Contributions To Money Purchase Plans Directors	47 349	7 272	7 381	9 939	5 457	4 493	4 744
Director Remuneration	133 353	149 579	133 493	213 606	94 809	84 570	95 112
Number Directors Accruing Benefits Under Money Purchase Scheme	2	2	1	2	2	1	1
Accrued Liabilities Deferred Income	190 051	174 760	130 993	267 057	139 030	247 092	357 293
Accumulated Amortisation Impairment Intangible Assets	164 254	165 364	165 548	165 548
Accumulated Depreciation Impairment Property Plant Equipment	2 867 057	1 942 900	2 139 589	2 178 407	2 323 556	2 502 216	2 110 973
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		-767	-135			-47 589
Administrative Expenses	2 969 623	2 954 167	3 054 524	3 343 094	2 769 369	2 825 266	3 297 365
Amortisation Expense Intangible Assets	1 110	1 110	184
Applicable Tax Rate	20	19	19	19	19	19	19
Average Number Employees During Period	96	103	102	99	94	89	92
Bank Borrowings	866 586	672 022	469 246	368 462	150 297	167 586	163 895
Bank Borrowings Overdrafts	671 551	471 311	367 168	286 742	1 839 090	1 677 758	1 516 786
Bank Overdrafts	122 982			4 723
Cash Cash Equivalents Cash Flow Value	511 434		518 488	16 569	910 735	356 254
Cash Receipts From Government Grants	-1 529	-767	-135	-128	-35 924	-2 827	-110
Comprehensive Income Expense	-172 631	1 540 529	-116 698	249 936	-303 519	199 312	507 568
Corporation Tax Payable	-8 342	76 129	12 510	40 076			30 727
Cost Sales	6 956 155	8 208 950	7 109 803	7 988 033	6 173 775	8 714 715	10 247 717
Creditors	727 069	746 085	553 332	401 174	1 877 854	1 677 758	1 516 786
Current Tax For Period		35 177		40 076			30 727
Depreciation Amortisation Expense	260 716	241 307	248 840	236 305	206 482	188 735	-128 365
Depreciation Expense Property Plant Equipment	239 595	186 142	165 305	191 339	161 517	143 769	-128 955
Description Contribution Plan		20 172 016	20 182 017	20 192 018	20 202 019	20 212 020	20 222 021
Disposals Decrease In Depreciation Impairment Property Plant Equipment		426 884	51 966	197 487	61 334	10 075	262 289
Disposals Property Plant Equipment		476 213	77 709	206 551	88 643	11 231	294 875
Dividends Paid	25 049	174 372	200 626	38 698
Dividends Paid Classified As Financing Activities	-25 049	-174 372	-200 626	-38 698
Dividends Paid On Shares	25 049	174 372	200 626	38 698
Dividends Paid On Shares Final	14 235	14 235	21 353
Finance Lease Liabilities Present Value Total	55 518	274 774	186 164	114 432	75 667	38 764
Finished Goods	133 601	122 065	87 024	68 000	74 115	87 511
Fixed Assets	2 206 271	3 567 492	3 359 301	3 375 359	3 218 690
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax		1 142 062		150 000
Further Item Interest Expense Component Total Interest Expense	1 033				684
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total	-1 680			-7 561
Further Operating Expense Item Component Total Operating Expenses	-1 529	2 461	-135	-128	6 627
Future Minimum Lease Payments Under Non-cancellable Operating Leases	3 523	3 902		6 428	6 428
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	30 710	-3 926	-5 868	-601	-8 482	-23 320	8 921
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	307 309	-472 794	153 134	-144 889	671 705	227 796	1 288 966
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	66 524	316 449	318 387	-351 070	-671 021	-1 062 005	-541 885
Gain Loss On Disposal Assets Income Statement Subtotal	-3 081	20 670	166	-376	-3 446	644	2 270
Gain Loss On Disposals Property Plant Equipment	-3 081	20 670	166	-376	-3 446	644	2 270
Gross Profit Loss	2 846 695	3 438 762	2 932 091	3 539 329	2 384 761	3 014 019	4 033 894
Income Taxes Paid Refund Classified As Operating Activities	-72 620	49 294	-51 411	12 208	-40 076
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-87 104	114 966	-107 912	-501 919	894 166	-554 481	297 079
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	152 344	-100 165	73 570	95 659	384 803	-33 957	619 827
Increase From Amortisation Charge For Year Intangible Assets		1 110	184
Increase From Depreciation Charge For Year Property Plant Equipment		240 196	248 655	236 305	206 483	188 735	-128 954
Intangible Assets	1 294	184
Intangible Assets Gross Cost	165 548	165 548	165 548	165 548
Interest Expense On Bank Overdrafts	34 255	26 086	17 863	14 963	31 532	37 273	67 945
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	5 067	10 265	11 971	7 783	5 065	2 584	362
Interest Paid Classified As Operating Activities	-34 255	-26 086	-17 863	-14 963	-32 216	-37 273	-67 945
Interest Payable Similar Charges Finance Costs	40 355	36 351	29 834	22 746	37 281	39 857	68 307
Investments Fixed Assets	5 881	7 561	7 561
Investments In Group Undertakings	5 880	7 560	7 560	-7 560
Net Cash Flows From Used In Financing Activities	163 873	87 523	510 695	226 638	-1 547 739	75 667	203 427
Net Cash Flows From Used In Investing Activities	172 614	439 576	40 164	102 680	53 219	22 844	164 335
Net Cash Flows From Used In Operating Activities	-249 383	-642 065	-442 947	172 601	600 354	455 970	-664 841
Net Cash Generated From Operations	-362 358	-629 122	-524 192	162 063	558 799	423 408	-733 148
Net Current Assets Liabilities	1 130 143	1 148 984	824 055	921 969	2 169 272	2 286 030	2 466 994
Net Interest Received Paid Classified As Investing Activities	-733	-219	-318	-59	-41
Number Shares Issued Fully Paid		2 847	2 847
Operating Profit Loss	-121 399	485 362	-122 298	196 363	-348 684	191 580	736 639
Other Comprehensive Income Expense Net Tax		1 142 062		87 817	62 183
Other Creditors	7 274	18 452	13 557	21 625	13 400	14 471	15 648
Other Deferred Tax Expense Credit	33 099	-4 344	-22 908	-7 162	-20 222	-47 589	130 037
Other Interest Receivable Similar Income Finance Income	733	219	318	59	41
Other Investments Other Than Loans	1	1	1	-1
Other Operating Income Format1	1 529	767	135	128	35 924	2 827	110
Other Taxation Social Security Payable	298 151	295 330	254 879	252 219	259 428	291 002	329 983
Par Value Share		1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-34 552	281 414				-75 667	-38 764
Pension Other Post-employment Benefit Costs Other Pension Costs	125 565	79 181	97 306	110 172	103 672	101 115	107 235
Percentage Class Share Held In Subsidiary		100	100
Prepayments Accrued Income	212 122	231 778	235 215	218 287	240 709	376 247	340 815
Proceeds From Borrowings Classified As Financing Activities	-80 853				-2 012 000
Proceeds From Sales Property Plant Equipment	-15 480	-69 999	-25 909	-8 688	-23 863	-1 800	-34 856
Profit Loss	-172 631	398 467	-116 698	162 119	-365 702	199 312	507 568
Profit Loss On Ordinary Activities Before Tax	-161 021	429 300	-151 814	170 315	-385 924	151 723	668 332
Property Plant Equipment Gross Cost	5 066 153	5 502 647	5 491 329	5 553 766	5 542 246	5 555 659	5 459 975
Provisions	3 469	2 702	2 567	2 438	75 049	27 344	157 271
Provisions For Liabilities Balance Sheet Subtotal	130 838	125 727	102 684	157 576	75 049	27 344	157 271
Purchase Financial Investments Other Than Trading Investments	-1 680	-1 680
Purchase Property Plant Equipment	-188 827	-508 114	-66 391	-118 988	-77 123	-24 644	-199 191
Raw Materials	492 426	536 751	507 617	669 246	1 016 616	786 600	1 264 100
Repayments Borrowings Classified As Financing Activities	-185 125	-194 565	-310 069	-187 940	-464 261		-164 663
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment		-737 469
Social Security Costs	296 082	329 149	314 852	346 903	293 768	301 402	383 389
Staff Costs Employee Benefits Expense	3 276 324	3 512 675	3 478 932	3 741 405	3 346 163	3 348 561	3 793 453
Tax Decrease Increase From Effect Revenue Exempt From Taxation	305	148	166	1 718	12 757
Tax Expense Credit Applicable Tax Rate	-32 204	81 567	-28 845	32 360	-73 326	28 827	126 983
Tax Increase Decrease From Effect Capital Allowances Depreciation	40 834	-21 883	8 521	8 946	68 757	21 716	-54 472
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	3 477	9 390	15 122	20 293	17 326	242	674
Tax Tax Credit On Profit Or Loss On Ordinary Activities	11 610	30 833	-35 116	8 196	-20 222	-47 589	160 764
Total Additions Including From Business Combinations Property Plant Equipment		508 114	66 391	118 988	77 123	24 644	199 191
Total Assets Less Current Liabilities	3 336 414	4 716 476	4 183 356	4 297 328	5 387 962	5 339 473	5 815 996
Total Borrowings	1 090 220	1 054 088	744 020	560 803	2 103 818	1 884 108	1 680 681
Total Current Tax Expense Credit	-21 489	35 177	-12 208	15 358
Total Increase Decrease From Revaluations Property Plant Equipment		404 593		150 000
Total Operating Lease Payments	417	375	20 342	5 225	6 764	10 297	75
Trade Creditors Trade Payables	1 806 185	1 340 325	1 582 572	1 296 211	1 746 029	1 833 118	2 966 955
Trade Debtors Trade Receivables	2 073 307	1 737 202	1 415 378	1 758 983	1 219 610	1 973 976	2 572 929
Turnover Revenue	9 802 850	11 647 712	10 041 894	11 527 362	8 558 536	11 728 734	14 281 611
Wages Salaries	2 854 677	3 104 345	3 066 774	3 284 330	2 948 723	2 946 044	3 302 829
Work In Progress	240 741	107 787	245 532	198 586	229 904	412 567	642 405
Additional Provisions Increase From New Provisions Recognised				55 021	-122		130 037
Amounts Owed By Group Undertakings				24 392	861 434	712 807	707 453
Amounts Owed To Group Undertakings							5
Further Item Cash Flow From Used In Operating Activities Component Total Net Cash Flows From Used In Operating Activities					35 802	4 468
Income From Related Parties				24 813	92 323	164 339	355 956
Income Tax Expense Credit On Components Other Comprehensive Income				62 183	-62 183
Increase Decrease In Provisions Through Adjustment In Value From Passage Time Unwinding Discount				128
Key Management Personnel Compensation Total				414 469	362 361	337 779
Payments To Related Parties				557	61 556	49 680	220 000
Tax Decrease From Utilisation Tax Losses						36 577	42 458