Hi-fi Excellence Limited, CV1 3BB

Website

Zoom

www.hifix.co.uk

Description

Data updated on: 01-11-2023

Registered with number 02540830 34 years ago, Hi-fi Excellence Limited is categorised as a Private Limited Company. Its current registration address is 163 Spon Street, Coventry Coventry City Centre. The firm's SIC and NACE codes are 47540 and has the NACE code: Retail sale of electrical household appliances in specialised stores. Thursday 31st March 2022 is the last time when company accounts were reported.

On Monday 7th November 2016, the firm was seeking a Senior Showroom Sales Position to fill a post in Coventry. They offered a job with wage from £16000.00 to £20000.00 per year.

There is a group of two directors running the business at the current moment, namely Mei C. and Frank C. who have been performing the directors tasks since July 2012.

The companies with significant control over this firm are: Frank Harvey Holdings Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Coventry at Broadwells Crescent, CV4 8JD and was registered as a PSC under the reg no 10964518.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	710 242	804 244	811 020	790 456	832 826

Balance Sheet
Cash Bank In Hand	490 829	495 969	394 796	449 638	464 421
Cash Bank On Hand					464 421	640 672	618 720	656 384	513 571	701 383	58 525	18 695
Current Assets	956 998	1 054 444	1 006 949	987 064	1 138 546	1 236 206	1 324 642	1 303 729	1 218 846	1 636 721	1 400 621	1 294 699
Debtors	43 305	110 070	88 437	38 250	90 277	105 418	130 925	74 028	121 528	130 884	403 694	459 310
Net Assets Liabilities					839 448	905 546	983 154	997 865	1 002 323	1 176 060	1 125 614	1 074 907
Net Assets Liabilities Including Pension Asset Liability	710 242	804 244	811 020	790 456	832 826
Property Plant Equipment					6 896	4 629	11 023	19 335	8 872	12 922	31 302
Stocks Inventory	422 864	448 405	523 716	499 176	583 848
Tangible Fixed Assets	5 406	9 816	19 048	10 765	6 896
Total Inventories					583 848	490 116	574 997	573 317	583 747	804 454	938 402	816 694

Capital & Reserves
Called Up Share Capital	1 100	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	709 142	803 144	809 920	789 356	831 726
Shareholder Funds	710 242	804 244	811 020	790 456	832 826

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					186 121	188 388	193 637	204 287	214 750	193 201	208 039	224 318
Average Number Employees During Period					11	12	13	13	14	14	15	14
Capital Redemption Reserve		100	100	100	100
Creditors					324 963	351 632	364 448	335 305	229 044	478 983	308 638	245 621
Creditors Due Within One Year	265 410	272 268	225 127	219 051	324 963
Fixed Assets	18 654	23 064	32 296	24 013	27 196	21 479	24 533	32 673	13 834	20 465	39 037	30 828
Future Minimum Lease Payments Under Non-cancellable Operating Leases					11 495	11 495	11 495	11 495	10 010
Increase From Depreciation Charge For Year Property Plant Equipment						2 267	5 249	10 650	10 463	8 596	14 838	16 279
Investments Fixed Assets	13 248	13 248	13 248	13 248	13 248	16 850	13 510	13 338	4 962	7 543	7 735	8 350
Net Current Assets Liabilities	691 588	782 176	781 822	768 013	813 583	884 574	960 194	968 424	989 802	1 157 738	1 091 983	1 049 078
Number Shares Allotted	1 000	100	100	100	100
Par Value Share		1	1	1	1
Pension Costs Defined Contribution Plan					97	580
Property Plant Equipment Gross Cost					193 017	193 017	204 660	223 622	223 622	206 123	239 341	246 796
Provisions For Liabilities Balance Sheet Subtotal					1 331	507	1 573	3 232	1 313	2 143	5 406	4 999
Provisions For Liabilities Charges		996	3 098	1 570	901
Share Capital Allotted Called Up Paid	100	100	100	100	100
Tangible Fixed Assets Additions		15 140		1 956	2 025
Tangible Fixed Assets Cost Or Valuation	184 851	199 284	208 441	210 397	193 017
Tangible Fixed Assets Depreciation	179 445	189 468	189 393	199 632	186 121
Tangible Fixed Assets Depreciation Charged In Period		10 259		10 239	4 864
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		236			18 375
Tangible Fixed Assets Disposals		707			19 405
Total Additions Including From Business Combinations Property Plant Equipment							11 643	18 962		13 115	33 218	7 455
Total Assets Less Current Liabilities	710 242	805 240	814 118	792 026	840 779	906 053	984 727	1 001 097	1 003 636	1 178 203	1 131 020	1 079 906
Advances Credits Directors	13 859
Advances Credits Made In Period Directors	23 578
Advances Credits Repaid In Period Directors	39 602
Disposals Decrease In Depreciation Impairment Property Plant Equipment										30 145
Disposals Property Plant Equipment										30 614