Helical Technology Ltd. in Lytham, FY8 5AQ

Description

Data updated on: 01-11-2023

1979 marks the founding of Helical Technology Ltd., the company which is located at Unit 1, Dock Road in Lytham. This means it's been fourty five years Helical Technology has existed on the market, as it was established on Wed, 7th Feb 1979. The company's Companies House Registration Number is 01413643 and its post code is FY8 5AQ. Launched as Helical Springs (1979), the company used the business name up till Fri, 3rd May 1996, when it was replaced by Helical Technology Ltd.. The firm's registered with SIC code 25620 which means Machining. Helical Technology Limited. released its account information for the period up to 2022-12-31. The most recent confirmation statement was released on 2022-11-20.

Helical Technology Ltd is a small-sized vehicle operator with the licence number OC1120066. The firm has two transport operating centres in the country. In their subsidiary in Lytham St. Annes , 3 machines are available. The centre in Preston on Hillock Lane has 3 machines.

Having three recruitment announcements since 2014/08/12, Helical Technology has been active on the employment market. On 2016/01/26, it started employing new employees for a full time Business Support Person (ERP) position in Lytham Saint Annes, and on 2014/08/12, for the vacant position of a full time Stores/Warehouse Person in Lytham Saint Annes. So far, they have sought candidates for the Administration Assistant posts.

The trademark of Helical Technology is "HELICAL RACING". It was submitted for registration in November, 2015 and its registration process ended successfully by trademark office in January, 2016. The firm can use the trademark till November, 2025.

The limited company owes its accomplishments and unending development to two directors, namely Alistair M. and Charles M., who have been managing it since March 1999.

Previous company's names
Helical Technology Ltd. 1996-05-03
Helical Springs (1979) Limited 1979-02-07

Trade marks

Trademark UK00003135428

Trademark UK00003135428

Trademark image:	-
Trademark name:	HELICAL RACING
Status:	Registered
Filing date:	2015-11-10
Date of entry in register:	2016-01-29
Renewal date:	2025-11-10
Owner name:	Helical Technology Limited
Owner address:	Dock Road, Lytham, Lancashire, United Kingdom, FY8 5AQ

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-12-31	2015-12-31	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	1 060 229	2 466 751	1 194 675	1 160 239	1 262 545	1 798 369	8 664 634	8 747 031	8 956 736
Current Assets			13 775 065	13 912 356	17 166 632	15 004 775	17 982 046	20 029 613	22 343 332
Debtors		9 205 200	10 023 335	8 601 461	9 029 289	7 127 368	4 714 223	5 789 128	7 445 604
Net Assets Liabilities			9 168 999	10 643 790	12 962 790	13 505 202	20 327 861	21 324 059	22 297 283
Other Debtors		706 571	528 093	928 353	617 378	475 951	483 324	491 832	849 762
Property Plant Equipment	3 487 461	3 740 524	4 331 409	5 283 787	5 887 528	6 233 878	6 390 002	6 963 725	7 126 217
Total Inventories	1 609 460	2 230 685	2 557 055	4 150 656	6 874 798	6 079 038	4 603 189	5 493 454

Other Financial Data
Audit Fees Expenses	30 000	32 500	37 500	40 000	40 000	42 000	40 500	42 000	2 196
Accrued Liabilities Deferred Income	462 652	644 411	697 680	619 679	768 996	646 464	646 789	555 522	362 508
Accumulated Depreciation Impairment Property Plant Equipment	5 061 515	5 571 479	6 031 652	5 300 435	5 929 152	6 678 867	7 435 534	8 160 903	8 867 129
Additions Other Than Through Business Combinations Property Plant Equipment		792 601	1 051 058	1 405 767	2 075 853	1 495 740	1 180 768	2 300 179	2 660 097
Administrative Expenses	7 243 624	7 514 853	7 687 002	9 268 880	10 955 508	11 510 455	9 784 996	9 624 401	10 510 588
Amounts Owed By Associates Joint Ventures Participating Interests				42 655	43 300	23 747	25 003
Amounts Owed By Group Undertakings				1 256 890	985 209	674 306	110 064	214 349	781 711
Amounts Owed To Group Undertakings		67 886	44 610	45 163	496 637	241 980	282 743	66 314	185 037
Average Number Employees During Period	216	245	235	268	288	299	270	230	232
Bank Borrowings	566 963	480 751	90 335	49 366	7 158
Bank Borrowings Overdrafts		90 970	47 291	9 873	3 233 173	3 685 246		1 269 234	2 595 213
Banking Arrangements Classified As Cash Cash Equivalents					-3 226 015	-3 685 246
Bank Overdrafts	2 620 901	2 925 587	2 656 913	3 104 369	3 226 015	3 685 246		1 269 234	2 595 213
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	629 145	626 321	653 914	295 062	823 950	672 396	1 053 083	1 168 442	1 311 907
Cash Cash Equivalents Cash Flow Value				-1 944 130	-1 963 470	-1 886 877	8 664 634
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities							-20 082
Cash Receipts From Sales Interests In Associates						-25 431
Comprehensive Income Expense	1 486 254	2 202 406	2 461 511	4 263 524	3 572 402	1 672 412	8 713 214
Corporation Tax Payable	74 586	2 887	21 025	183 736	1 025	1 025		1 104	1 104
Corporation Tax Recoverable	231 726	242 361	124 990	93 142	17 219		14 749
Cost Sales	18 466 970	20 966 526	24 499 839	28 133 180	28 222 335	25 453 344	14 902 945	20 767 804	19 771 771
Creditors		185 245	160 297	66 258	355 944	288 115	415 198	403 998	334 885
Current Tax For Period	-139 725		20 000	162 704
Deferred Tax Asset Debtors							359 082		91 341
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	64 934						-30 686	615 419	161 651
Depreciation Expense Property Plant Equipment		440 373	387 716	432 100	565 985	675 639	658 202	635 153
Depreciation Impairment Expense Property Plant Equipment					628 717	749 715	756 992
Dividend Income	5 208	1 199 195	6 695	5 961	5 948	6 031	3 502 804	2 878	2 017
Dividend Income From Financial Assets Fair Value Through Profit Or Loss	5 208	6 562
Dividend Income From Group Undertakings	471 600				458 402
Dividends Paid		1 146 000	2 981 000	2 788 733	1 253 402	1 130 000	1 890 555	1 930 000	1 790 000
Dividends Paid Classified As Financing Activities	-1 156 000	-1 146 000	-2 981 000	-2 788 733	-1 253 402	-1 130 000	-1 890 555
Dividends Paid On Shares Interim					1 253 402	1 130 000	1 890 555	1 930 000	1 790 000
Dividends Received Classified As Investing Activities		-1 199 195	-6 695	-5 961	-464 350	-6 031	-3 502 804
Finance Lease Liabilities Present Value Total	118 786	94 275	113 006	56 385	355 944	288 115	415 198	403 998	334 885
Finance Lease Payments Owing Minimum Gross	314 471	236 224	224 358	184 349	567 166	467 231	661 510	641 985	543 391
Finished Goods Goods For Resale	314 715	250 251	271 287	193 893	174 343	243 090	260 802	348 540	379 292
Fixed Assets	4 267 517	4 510 531	5 163 217	6 205 506	6 818 280	7 157 945	7 322 330	7 945 393	8 010 902
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities		86 212	390 416	40 969	42 208	7 158
Further Item Deferred Expense Credit Component Total Deferred Tax Expense									-91 341
Further Item Interest Expense Component Total Interest Expense						159 749	81 207	75 493	140 197
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total						-7 737
Further Item Tax Increase Decrease Component Adjusting Items	93 302	-25 711	-32 328	87 277	-145 145	-224 138	-220 786	-345 763	-339 094
Further Operating Expense Item Component Total Operating Expenses							51 896	199 171	-474 873
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss		-41 401	-1 071 772	-321 375	-625 643	-493 203	-51 896
Gain Loss On Disposals Other Non-current Assets							3 437 851
Gain Loss On Disposals Property Plant Equipment	2 983	-29 574					3 825	-21 138
Gain Loss On Financial Assets Fair Value Through Profit Or Loss					16 806	-17 694	57 857	59 728	-83 448
Government Grant Income							1 319 217	66 850
Gross Profit Loss		8 662 913	10 155 870	13 627 287	14 126 347	13 373 163	10 211 988	13 091 656
Impairment Loss Reversal On Investments	20 217	459	-56 740	-64 906	-16 806	17 694	-3 495 708	-59 728
Income From Current Asset Investments					14 606	16 208
Income From Related Parties						153 217	113 277	202 320	427 480
Income Taxes Paid Refund Classified As Operating Activities		-56 453	242 361	124 997	-46 895	2 650	-1 128
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					19 340	-76 593
Increase Decrease In Current Tax From Adjustment For Prior Periods		-25 881	-126 852	-93 142	-59 893	14 569	-14 646
Increase From Depreciation Charge For Year Property Plant Equipment		509 964	460 173	453 389	628 717	749 715	756 992	792 743	869 141
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	41 639	36 342	11 000	4 952	4 338	3 479	3 097	1 162
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	21 600	21 359	14 059	10 206	15 365	19 905	19 772	26 891
Interest Income On Bank Deposits	2	846	8 537	5 513	8 658	10 177	15 588	22 559	91 432
Interest Income On Financial Assets Fair Value Through Profit Or Loss			56 740
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	2	846	8 537	5 513	8 658	10 177	15 588
Interest Payable Similar Charges Finance Costs	216 750	171 117	186 181	111 199	161 461	183 133	104 076	103 546	169 253
Interest Received Classified As Investing Activities	-1 861	-846	-8 537	-5 513	-8 658	-10 177	-15 588
Investments					326 626	319 941	390 351	981 668	884 685
Investments Fixed Assets	780 056	770 007	831 808	921 719	930 752	924 067	932 328	981 668	884 685
Investments In Associates					62 149	62 149
Investments In Subsidiaries					541 977	541 977	541 977	541 977	541 977
Key Management Personnel Compensation Total					53 463	54 284
Net Assets Liabilities Subsidiaries						807 993	989 998
Net Cash Flows From Used In Financing Activities					1 555 747	1 400 354
Net Cash Flows From Used In Investing Activities					144 697	902 174
Net Cash Flows From Used In Operating Activities	892 937	-1 411 068	-3 397 909		-1 681 104	-2 379 121	-6 131 157
Net Cash Generated From Operations		-1 638 639	-3 341 729		-1 889 460	-2 559 604	-6 236 361
Net Current Assets Liabilities			4 476 824	4 815 287	6 811 199	6 946 117	14 059 870	14 678 142	15 678 395
Net Finance Income Costs	478 669	1 200 041	15 232	11 474	473 008	16 208	3 518 392	25 437	93 449
Net Interest Paid Received Classified As Operating Activities	-216 750	-171 117	-186 181	-111 199	-161 461	-183 133	-104 076
Number Shares Issued Fully Paid			100	100
Operating Profit Loss		1 148 060	2 468 868	4 367 905	3 184 156	1 871 600	1 757 858	3 559 998
Other Creditors		245 182	131 751	105 928	240 382	199 685	153 886	6 905	68 725
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				1 184 606			325	67 374	162 915
Other Disposals Property Plant Equipment		29 574		1 184 606			1 000	118 037	225 043
Other Interest Receivable Similar Income Finance Income	478 669	1 200 041	15 232	11 474	473 008	16 208	3 518 392	25 437	93 449
Other Operating Income Format1				9 498	13 317	8 892	1 330 866	92 743	129 172
Other Taxation Social Security Payable		109 991	195 111	184 380	207 540	197 270	179 925	193 430	234 821
Par Value Share			1	1
Payments Finance Lease Liabilities Classified As Financing Activities		-78 247	-11 866	-150 690	-260 137	-263 196	-208 502
Pension Other Post-employment Benefit Costs Other Pension Costs	19 978	1 563	151 680	280	99 962	159 242	153 734	154 268	170 251
Percentage Class Share Held In Associate		45	45	45	45	50
Percentage Class Share Held In Subsidiary		80	80	100	80	80	80	80	80
Prepayments Accrued Income		161 989	88 809	90 869	111 559	107 521	158 711	198 563	202 360
Proceeds From Sales Or Maturity Financial Assets Held For Trading Trading Investments						11 009
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments		-583 738	-79 598
Proceeds From Sales Other Long-term Assets Classified As Investing Activities		-10 049				-6 685
Proceeds From Sales Property Plant Equipment						-399 675
Profit Loss	1 486 254	2 202 406	2 461 511	4 263 524	3 572 402	1 672 412	8 713 214	2 926 198	2 763 224
Profit Loss On Ordinary Activities After Tax							1
Profit Loss On Ordinary Activities Before Tax	1 411 463	2 176 525	2 354 659	4 333 086	3 512 509	1 686 981	8 667 882	3 541 617	2 833 534
Profit Loss Subsidiaries						175 961	157 891
Property Plant Equipment Gross Cost	8 548 976	9 312 003	10 363 061	10 584 222	11 816 680	12 912 745	13 825 536	15 124 628	15 993 346
Provisions For Liabilities Balance Sheet Subtotal			310 745	310 745	310 745	310 745	639 141
Purchase Property Plant Equipment		-792 601	-1 051 058	-1 295 086		-1 332 479
Raw Materials Consumables	1 294 745	1 980 434	2 285 768	3 956 763	6 700 455	5 835 948	4 342 387	5 144 914
Redundancy Costs					83 732		255 590
Research Development Expense Recognised In Profit Or Loss		489 092	568 074	830 425	789 069	1 001 748	537 614	634 946
Social Security Costs	550 752	626 244	637 932	699 405	818 065	826 814	690 189	838 091
Staff Costs Employee Benefits Expense	6 594 203	7 383 655	4 736 208	5 654 257	6 798 888	7 173 011	6 181 874	6 184 398	6 779 601
Taxation Including Deferred Taxation Balance Sheet Subtotal	310 745	310 745	310 745	310 745	310 745	310 745	639 141	895 478	1 057 129
Tax Decrease From Utilisation Tax Losses	646			70 675			277 618	253 771	57 188
Tax Expense Credit Applicable Tax Rate					667 377	320 526	1 646 898	672 907	538 371
Tax Increase Decrease Arising From Group Relief Tax Reconciliation		2 466	-24 923		29	9 251	24 400	21 935	26 025
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings									-21 922
Tax Increase Decrease From Effect Dividends From Companies					-87 277	-1 146	-665 533	-537
Tax Increase Decrease From Effect Dividends From U K Companies	-95 362	-239 839	-1 339	-1 147	-87 277
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	8 105	3 046	-7 972	-12 191	-2 247	4 809	-633 158	-7 041	22 272
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward		172 360			4 409	292 188	359 082	3 474
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-74 791	-25 881	-106 852	69 562	-59 893	14 569	-45 332	615 419	70 310
Total Assets Less Current Liabilities			9 640 041	11 020 793	13 629 479	14 104 062	21 382 200	22 623 535	23 689 297
Total Borrowings			47 291	9 873	3 233 173	3 685 246		1 269 234	2 595 213
Total Current Tax Expense Credit	-139 725	-25 881	-106 852	69 562	-59 893
Total Deferred Tax Expense Credit								615 419	70 310
Trade Creditors Trade Payables	3 748 531	3 701 015	5 396 755	4 686 357	5 196 458	2 907 872	2 412 521	3 020 975	3 009 023
Trade Debtors Trade Receivables	4 969 977	5 186 737	7 238 427	6 189 552	7 254 624	5 845 843	3 563 290	4 884 384	5 520 430
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment					843 395	399 675	266 977	883 050	1 566 336
Turnover Revenue	26 880 355	29 629 439	34 655 709	41 760 467	42 348 682	38 826 507	25 114 933	33 859 460
Wages Salaries	6 023 473	6 755 848	6 966 477	4 900 638	5 880 861	6 186 955	5 337 951	5 192 039	5 762 109
Company Contributions To Defined Benefit Plans Directors			150 000
Director Remuneration						54 284	52 706	57 458	56 800