Hi-spec Precision Engineering Limited in Stamford, PE9 1HG

Description

Data updated on: 01-11-2023

This business operates as Hi-spec Precision Engineering Limited. This company was originally established 13 years ago and was registered under 07865757 as its reg. no. This particular head office of this company is located in Stamford. You can reach it at 21 Fane Close. The company's Standard Industrial Classification Code is 28120 and their NACE code stands for Manufacture of fluid power equipment. Hi-spec Precision Engineering Ltd filed its account information for the financial period up to 2022-03-31. Its latest confirmation statement was submitted on 2022-11-26.

The data obtained that details this specific firm's executives shows a leadership of two directors: Darren G. and Gayle G. who became members of the Management Board on November 30, 2011.

Executives who control the firm include: Gayle G. owns 1/2 or less of company shares. Darren G. owns over 1/2 to 3/4 of company shares .

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
Net Worth	10	10	46 670	158 304	308 485

Balance Sheet
Cash Bank On Hand					368 667	366 823	542 573	504 956	468 137	389 031	390 477	400 648
Current Assets			321 257	475 599	602 306	613 133	826 457	795 450	795 417	694 495	701 115	795 355
Debtors			225 760	200 349	217 390	231 310	268 884	275 494	312 280	290 464	289 388	371 957
Net Assets Liabilities					308 485	370 298	550 787	777 834	760 068	725 426	748 379	662 842
Other Debtors					2 999	3 000	12 106	11 417	13 917	24 563
Property Plant Equipment					370 219	383 245	367 672	626 187	842 418	1 132 786	1 303 331	1 123 725
Total Inventories					16 250	15 000	15 000	15 000	15 000	15 000	21 250	22 750
Cash Bank In Hand	10	10	10	257 000	368 666
Intangible Fixed Assets			310 500	276 000	241 500
Net Assets Liabilities Including Pension Asset Liability	10	10	10	158 304	308 485
Stocks Inventory			17 650	18 250	16 250
Tangible Fixed Assets			261 820	385 386	370 219

Capital & Reserves
Called Up Share Capital			10	10	10
Profit Loss Account Reserve			46 660	158 294	308 475
Shareholder Funds	10	10	46 670	158 304	308 485

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets					103 500	138 000	172 500	207 000	241 500	276 000	310 500	345 000
Accumulated Depreciation Impairment Property Plant Equipment					246 047	342 536	421 942	471 134	656 385	861 173	1 100 587	1 368 796
Additions Other Than Through Business Combinations Property Plant Equipment						121 577	82 272	373 092	410 464	495 156	409 959	93 598
Amounts Owed To Related Parties					507 741	480 397	473 268	485 360	518 678	447 575	459 532	489 359
Average Number Employees During Period					11	11	11	10	9	10	11	12
Creditors					75 480	73 433	13 633	662 827	64 046	236 032	391 598	265 197
Disposals Decrease In Depreciation Impairment Property Plant Equipment						-5 886	-10 887	-43 960	-6 477			-4 558
Disposals Property Plant Equipment						-12 062	-18 439	-65 385	-8 982			-4 995
Finance Lease Liabilities Present Value Total					75 480	73 433	13 633	13 429
Financial Commitments Other Than Capital Commitments					17 929	10 845	4 683	360	15 638	12 688	9 147	5 606
Fixed Assets			572 320	661 386	611 719	590 245	540 172	764 187	945 918	1 201 786	1 337 831	1 123 725
Increase From Amortisation Charge For Year Intangible Assets						34 500	34 500	34 500	34 500	34 500	34 500	34 500
Increase From Depreciation Charge For Year Property Plant Equipment						102 375	90 293	93 152	191 728	204 788	239 414	272 767
Intangible Assets					241 500	207 000	172 500	138 000	103 500	69 000	34 500
Intangible Assets Gross Cost					345 000	345 000	345 000	345 000	345 000	345 000	345 000	345 000
Net Current Assets Liabilities			-389 284	-299 819	-168 537	-84 031	86 099	132 623	38 556	-45 159	-46 712	-53 249
Other Creditors					49 987	20 996	52 196	12 630	2 921	3 052	3 294	8 420
Other Inventories					16 250	15 000	15 000	15 000	15 000	15 000	21 250	22 750
Prepayments							980	45 355	47 599	4 537	3 049	6 724
Property Plant Equipment Gross Cost					616 266	725 781	789 614	1 097 321	1 498 803	1 993 959	2 403 918	2 492 521
Provisions For Liabilities Balance Sheet Subtotal					59 218	62 483	61 851	118 976	160 360	195 169	151 142	142 437
Taxation Social Security Payable					56 513	51 651	62 740	4 549	33 668	39 816	7 917	56 699
Total Assets Less Current Liabilities			183 036	361 567	443 182	506 214	626 271	896 810	984 474	1 156 627	1 291 119	1 070 476
Total Borrowings					75 480	73 433	13 633	13 429	64 046	236 032	391 598	265 197
Trade Creditors Trade Payables					87 969	80 792	104 966	146 859	142 475	103 571	122 241	170 978
Trade Debtors Trade Receivables					214 390	228 310	255 798	218 722	250 764	261 364	286 339	365 233
Creditors Due After One Year			106 817	144 266	75 479
Creditors Due Within One Year			710 541	775 418	770 843
Number Shares Allotted		10	10	10	10
Par Value Share		1	1	1	1
Provisions For Liabilities Charges			29 549	58 997	59 218
Share Capital Allotted Called Up Paid	10	10	10
Value Shares Allotted			10	10	10

Company staff

Darren G.

Role: Director

Appointed: 30 November 2011

Latest update: 26 February 2024

Gayle G.

Role: Director

Appointed: 30 November 2011

Latest update: 26 February 2024

People with significant control

Gayle G.

Notified on 25 November 2019

Nature of control:

1/2 or less of shares

Darren G.

Notified on 25 November 2016

Nature of control:

over 1/2 to 3/4 of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	10 December 2023
Confirmation statement last made up date	26 November 2022

Annual Accounts 18 December 2013
Start Date For Period Covered By Report	2012-04-01
End Date For Period Covered By Report	2013-03-31
Date Approval Accounts	18 December 2013
Annual Accounts 15 December 2014
Start Date For Period Covered By Report	2013-04-01
End Date For Period Covered By Report	2014-03-31
Date Approval Accounts	15 December 2014
Annual Accounts 19 December 2016
Start Date For Period Covered By Report	2015-04-01
End Date For Period Covered By Report	2016-03-31
Date Approval Accounts	19 December 2016
Annual Accounts
Start Date For Period Covered By Report	2016-04-01
End Date For Period Covered By Report	2017-03-31
Annual Accounts
Start Date For Period Covered By Report	2017-04-01
End Date For Period Covered By Report	2018-03-31
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	2019-03-31
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31
Annual Accounts 16 December 2015
End Date For Period Covered By Report	2015-03-31
Date Approval Accounts	16 December 2015

Hi-spec Precision Engineering Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Darren G.

Gayle G.

People with significant control

Gayle G.

Darren G.

Accounts Documents

Company filings

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