Hanover Electrical Contractors Limited in London, N21 1UJ

Description

Data updated on: 01-11-2023

Hanover Electrical Contractors Limited with reg. no. 03065752 has been in this business field for twenty nine years. This particular Private Limited Company is located at 6 Florey House, Winchmore Hill, London and their zip code is N21 1UJ. This firm's classified under the NACE and SIC code 43210, that means Electrical installation. 2022-07-31 is the last time account status updates were reported.

In order to meet the requirements of its clients, this particular limited company is consistently controlled by a team of five directors who are, to name just a few, Dan P., Charles W. and Dominic F.. Their support has been of pivotal importance to this specific limited company since June 2020. In order to find professional help with legal documentation, the abovementioned limited company has been using the skills of Ruth W. as a secretary since 1995.

Charles W. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-07-31	2012-07-31	2013-07-31	2014-07-31	2015-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	788 460	1 015 156	1 294 784	1 361 242	1 528 058

Balance Sheet
Cash Bank On Hand						1 206 907	934 770	1 358 397	796 473	1 092 793	2 292 021
Current Assets	1 344 267	1 744 248	2 165 320	2 841 015	5 889 532	4 473 262	3 834 376	3 511 808	5 047 856	5 878 743	7 303 791
Debtors	68 807	172 234	195 493	500 061	580 677	385 872	134 180	250 891	960 749	1 597 950	1 517 358
Net Assets Liabilities						1 481 729	1 630 998	1 376 345	1 220 542	1 296 739	1 299 687
Other Debtors						196 290		180 693	144 036	87 428	202 179
Property Plant Equipment						26 610	19 959	14 969	9 144	10 058	10 859
Total Inventories						2 880 483	2 765 426	1 902 520	3 290 634	3 188 000
Cash Bank In Hand	761 413	359 695	755 632	535 864	63 946
Net Assets Liabilities Including Pension Asset Liability	788 460	1 015 156	1 294 784	1 361 242	1 528 058
Stocks Inventory	514 047	1 212 319	1 214 195	1 805 090	5 244 909
Tangible Fixed Assets	88 487	83 422	66 383	52 293	40 954

Capital & Reserves
Called Up Share Capital	102	102	105	105	105
Profit Loss Account Reserve	788 358	1 015 054	1 294 679	1 361 137	1 527 953
Shareholder Funds	788 460	1 015 156	1 294 784	1 361 242	1 528 058

Other Financial Data
Audit Fees Expenses						7 500	7 500	7 500	7 500	7 200	9 170
Accrued Liabilities Deferred Income						187 453	10 585	10 585	468 460	1 253 518	1 688 677
Accumulated Depreciation Impairment Property Plant Equipment						154 080	160 733	165 723	64 133	66 734	69 880
Additions Other Than Through Business Combinations Property Plant Equipment									897	3 516	3 947
Administrative Expenses						605 364	631 118	593 792	611 481	771 234	906 210
Average Number Employees During Period							65	62	61	47	46
Bank Borrowings								1 000 000
Bank Borrowings Overdrafts								966 667	783 333	583 333	383 333
Capital Reduction Decrease In Equity										2
Cash Cash Equivalents Cash Flow Value						1 206 907	934 770	1 358 397	796 473	1 092 793	2 292 021
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities									-78 833
Cash Receipts From Sales Interests In Associates								78 833	-78 833
Comprehensive Income Expense						367 847	304 269	-254 653	-54 803	223 159	73 948
Corporation Tax Payable						107 198	77 047			65 896	22 000
Corporation Tax Recoverable								54 229	54 595
Cost Sales						21 517 046	20 978 185	11 289 206	15 314 785	21 649 617	21 071 309
Creditors						3 013 087	2 219 537	966 667	783 333	583 333	383 333
Current Tax For Period						90 757	76 845	-54 229		58 024	22 000
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit						5 056	-1 256	-1 000
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences						5 056	-1 256	-1 000		-700	300
Depreciation Expense Property Plant Equipment						8 218	6 653	4 990	3 519	2 601
Depreciation Impairment Expense Property Plant Equipment						8 218	6 653	4 990	3 519	2 601	3 146
Dividends Paid						255 000	155 000		101 000	147 000	71 000
Dividends Paid Classified As Financing Activities						-255 000	-155 000		-101 000	-147 000	-71 000
Dividends Paid On Shares Final						160 000	35 000		101 000	107 000	71 000
Dividends Paid On Shares Interim						95 000	120 000			40 000
Finance Lease Liabilities Present Value Total						4 578
Finance Lease Payments Owing Minimum Gross						4 578
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities								-1 000 000	16 667	200 000	200 000
Further Item Interest Expense Component Total Interest Expense									2 488		432
Further Item Operating Expense Loss Income Statement Item Component Operating Profit Loss								200 000
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total								78 833
Further Item Tax Increase Decrease Component Adjusting Items						1 561					-7 872
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables							758 821	994 858	-1 702 693	-890 408	-1 666 497
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables							-251 692	-16 351	788 325	691 796	-80 592
Gain Loss In Cash Flows From Change In Inventories							-115 057	-862 906	1 388 114	-102 634	306 412
Gain Loss On Disposals Property Plant Equipment									-3 202
Government Grant Income									867
Gross Profit Loss						1 069 699	1 011 271	481 987	560 074	1 065 971
Income Taxes Paid Refund Classified As Operating Activities							-106 996	-77 047	-366	62 767	-58 024
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation						-897 240	272 135	-423 627		-296 320	-1 199 228
Increase Decrease In Current Tax From Adjustment For Prior Periods										-300	-7 872
Increase From Depreciation Charge For Year Property Plant Equipment							6 653	4 990	3 519	2 601	3 146
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings						431	181		1 775	14 554
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts						532	167
Interest Income On Bank Deposits						288	53
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss						288	53
Interest Paid Classified As Operating Activities										-14 554	-35 549
Interest Payable Similar Charges Finance Costs						963	348		4 263	14 554	35 549
Interest Received Classified As Investing Activities						-288	-53	-1 923			-1
Investment Property Fair Value Model										263 937	300 891
Issue Equity Instruments										40
Net Cash Flows From Used In Financing Activities						258 396	159 578	-1 000 000
Net Cash Flows From Used In Investing Activities						2 650	-53	76 910
Net Cash Flows From Used In Operating Activities						-1 158 286	112 610	499 463	522 194	-646 796
Net Cash Generated From Operations							5 266	422 416	517 565	-598 584	-1 567 747
Net Current Assets Liabilities	699 973	931 734	1 228 401	1 308 949	1 487 104	1 460 175	1 614 839	2 330 843	1 997 531	1 872 114	1 674 561
Net Finance Income Costs						288	53	1 923			1
Net Interest Paid Received Classified As Operating Activities						-963	-348		-4 263
Number Shares Issued Fully Paid							2
Operating Profit Loss						464 335	380 153	-311 805	-50 540	294 737
Other Creditors						25 387	-6 335	6 794	23 784	7 102	63 656
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment									105 110
Other Disposals Property Plant Equipment									108 313
Other Interest Income								1 923
Other Interest Receivable Similar Income Finance Income						288	53	1 923			1
Other Operating Income Format1									867
Other Taxation Social Security Payable						92 754	125 169	64 169	81 761	52 989	352 485
Par Value Share			1	1	1		1
Payments Finance Lease Liabilities Classified As Financing Activities						-3 396	-4 578
Pension Other Post-employment Benefit Costs Other Pension Costs						6 246	4 397	6 326	3 801	20 827	4 072
Prepayments Accrued Income						189 582	134 180	15 969	185 587	264 108	118 304
Proceeds From Issuing Shares										-40
Proceeds From Sales Property Plant Equipment									-1
Profit Loss						367 847	304 269	-254 653	-54 803	223 159	73 948
Profit Loss On Ordinary Activities Before Tax						463 660	379 858	-309 882	-54 803	280 183	88 376
Property Plant Equipment Gross Cost						180 692	180 692	180 692	73 276	76 792	80 739
Provisions For Liabilities Balance Sheet Subtotal						5 056	3 800	2 800
Purchase Property Plant Equipment						-2 938			-897	-3 516	-3 947
Social Security Costs						19 177	19 616	15 948	17 833	225 881
Staff Costs Employee Benefits Expense						2 492 631	2 679 611	2 112 475	2 696 086	2 472 011	2 420 350
Taxation Including Deferred Taxation Balance Sheet Subtotal						5 056	3 800	2 800	2 800	2 100	2 400
Tax Expense Credit Applicable Tax Rate						88 095	72 173	-58 878	-10 413	53 235	18 559
Tax Increase Decrease From Effect Capital Allowances Depreciation						-674
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss						1 775	4 672	4 649	10 413	3 789	3 741
Tax Tax Credit On Profit Or Loss On Ordinary Activities						95 813	75 589	-55 229		57 024	14 428
Total Assets Less Current Liabilities	788 460	1 015 156	1 294 784	1 361 242	1 528 058	1 486 785	1 634 798	2 345 812	2 006 675	1 882 172	1 685 420
Total Borrowings								966 667
Total Current Tax Expense Credit										57 724	14 128
Total Operating Lease Payments						60 033	60 981	60 697	62 786	106 993
Trade Creditors Trade Payables						2 595 717	2 013 071	1 066 084	2 276 320	2 427 124	3 302 412
Trade Debtors Trade Receivables									576 531	1 246 414	1 196 875
Turnover Revenue						22 586 745	21 989 456	11 771 193	15 874 859	22 715 588
Wages Salaries						2 467 208	2 655 598	2 090 201	2 674 452	2 225 303	2 194 474
Work In Progress						2 880 483	2 765 426	1 902 520	3 290 634	3 188 000
Company Contributions To Defined Benefit Plans Directors						499	940	1 215	1 210	2 408
Director Remuneration							182 886	184 341	183 809	252 602
Director Remuneration Benefits Including Payments To Third Parties						164 383	183 826	185 556	185 019	255 010
Creditors Due Within One Year Total Current Liabilities	644 294	812 514
Fixed Assets	88 487	83 422	66 383	52 293	40 954
Tangible Fixed Assets Additions		6 341	46 592	3 664	1 735
Tangible Fixed Assets Cost Or Valuation	203 487	209 828	190 177	193 841	195 576
Tangible Fixed Assets Depreciation	115 000	126 406	123 794	141 548	154 622
Tangible Fixed Assets Depreciation Charge For Period		11 406
Creditors Due Within One Year		812 514	936 919	1 532 066	4 402 428
Number Shares Allotted			2	2	2
Share Capital Allotted Called Up Paid		2	2	2	2
Tangible Fixed Assets Depreciation Charged In Period			14 686	17 754	13 074
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			17 298
Tangible Fixed Assets Disposals			66 243

Company staff

Dan P.

Role: Director

Appointed: 25 June 2020

Latest update: 14 March 2024

Charles W.

Role: Director

Appointed: 22 November 2012

Latest update: 14 March 2024

Dominic F.

Role: Director

Appointed: 04 February 2005

Latest update: 14 March 2024

Ruth W.

Role: Director

Appointed: 07 June 1995

Latest update: 14 March 2024

Ruth W.

Role: Secretary

Appointed: 07 June 1995

Latest update: 14 March 2024

Michael W.

Role: Director

Appointed: 07 June 1995

Latest update: 14 March 2024

Saul G.

Role: Director

Appointed: 22 November 2012

Resigned: 28 April 2017

Latest update: 14 March 2024

Nicholas H.

Role: Director

Appointed: 04 February 2005

Resigned: 19 June 2009

Latest update: 14 March 2024

Master Nominees Limited

Role: Corporate Nominee Secretary

Appointed: 07 June 1995

Resigned: 07 June 1995

Address: 296 Golders Green Road, London, NW11 9PT

Latest update: 14 March 2024

Llc Nominees Limited

Role: Corporate Nominee Director

Appointed: 07 June 1995

Resigned: 07 June 1995

Address: 296 Golders Green Road, London, NW11 9PT

Latest update: 14 March 2024

People with significant control

Charles W.

Notified on 1 March 2022

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Ruth W.

Notified on 6 April 2016

Ceased on 1 March 2022

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Michael W.

Notified on 6 June 2017

Ceased on 1 March 2022

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

Ruth W.

Notified on 6 June 2017

Ceased on 1 March 2022

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Michael W.

Notified on 6 April 2016

Ceased on 1 March 2022

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	30 April 2024
Account last made up date	31 July 2022
Confirmation statement next due date	08 October 2024
Confirmation statement last made up date	24 September 2023

Annual Accounts 10 December 2013
Start Date For Period Covered By Report	2012-08-01
End Date For Period Covered By Report	2013-07-31
Date Approval Accounts	10 December 2013
Annual Accounts 20 April 2015
Start Date For Period Covered By Report	2013-08-01
End Date For Period Covered By Report	2014-07-31
Date Approval Accounts	20 April 2015
Annual Accounts 19 April 2016
Start Date For Period Covered By Report	2014-08-01
End Date For Period Covered By Report	2015-07-31
Date Approval Accounts	19 April 2016
Annual Accounts
Start Date For Period Covered By Report	2018-08-01
End Date For Period Covered By Report	2019-07-31
Annual Accounts
Start Date For Period Covered By Report	2019-08-01
End Date For Period Covered By Report	2020-07-31
Annual Accounts
Start Date For Period Covered By Report	2020-08-01
End Date For Period Covered By Report	2021-07-31
Annual Accounts
Start Date For Period Covered By Report	2021-08-01
End Date For Period Covered By Report	2022-07-31
Annual Accounts
Start Date For Period Covered By Report	2022-08-01
End Date For Period Covered By Report	2023-07-31

Hanover Electrical Contractors Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Dan P.

Charles W.

Dominic F.

Ruth W.

Ruth W.

Michael W.

Saul G.

Nicholas H.

Master Nominees Limited

Llc Nominees Limited

People with significant control

Charles W.

Ruth W.

Michael W.

Ruth W.

Michael W.

Accounts Documents

Company filings

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