Hi-tec Spray Limited in Maidstone, ME15 9YR

Description

Data updated on: 01-11-2023

This particular firm is situated in Maidstone under the ID 02088206. The firm was started in the year 1987. The headquarters of the firm is situated at Heronden Road Parkwood Industrial Estate. The post code is ME15 9YR. This enterprise's SIC code is 33200, that means Installation of industrial machinery and equipment. 2022-03-31 is the last time when the company accounts were reported.

With two job advertisements since Friday 2nd September 2016, the firm has been a quite active employer on the employment market. On Monday 7th August 2017, it was seeking candidates for a Sales Co-ordinator post in Maidstone, and on Friday 2nd September 2016, for the vacant post of a Trainee Service Engineer in Southampton.

Due to this particular company's constant development, it was necessary to formally appoint further executives: Debra C. and Steven C. who have been assisting each other since 2011/09/01 for the benefit of the firm. Additionally, the director's duties are often aided with by a secretary - Christopher C., who joined this firm in December 2017.

Financial data based on annual reports

Profit & Loss
Date of Accounts	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	205 699	144 338	158 731	158 787

Balance Sheet
Cash Bank In Hand			827	45 905
Cash Bank On Hand				45 905	8 841	13 800	27 432	44 432	1 773	167 877	42 866
Current Assets	1 172 560	1 062 471	1 254 027	1 248 264	1 141 125	987 646	1 189 982	1 169 130	1 938 990	1 628 503	1 812 083
Debtors	555 806	490 889	576 690	598 522	655 446	550 441	649 966	617 667	1 470 892	887 898	1 184 958
Net Assets Liabilities				158 787	193 497	214 136	201 574	186 282	378 293	568 245	861 737
Net Assets Liabilities Including Pension Asset Liability	205 699	144 338	158 731	158 787
Other Debtors				10 760	7 591	7 587	8 468	9 077	1 046 639	286 946	610 992
Property Plant Equipment				285 555	255 537	260 683	269 996	253 352	225 910	205 938
Stocks Inventory	616 754	571 582	676 510	603 837
Tangible Fixed Assets	272 592	277 237	268 077	285 555
Total Inventories				603 837	476 838	423 405	512 584	507 031	466 325	572 728	580 137

Capital & Reserves
Called Up Share Capital	100	100	100	100
Profit Loss Account Reserve	53 186	-8 175	6 218	6 274
Shareholder Funds	205 699	144 338	158 731	158 787

Other Financial Data
Amount Specific Advance Or Credit Directors			22 863	32 437						2 400
Amount Specific Advance Or Credit Made In Period Directors				32 437						2 400
Amount Specific Advance Or Credit Repaid In Period Directors				22 863	32 437						2 400
Accrued Liabilities				55 663	92 547	73 869	131 999	148 105	184 482
Accumulated Depreciation Impairment Property Plant Equipment				569 826	553 164	565 247	354 125	116 907	127 241	153 913	151 651
Administrative Expenses		1 197 072	1 256 685
Amounts Owed By Group Undertakings										38 725	30 464
Average Number Employees During Period					26	26	27	25	26	27	25
Bank Borrowings Overdrafts		366 212	309 154	11 204	11 459	11 701	12 037	12 035	8 359	8 301
Corporation Tax Payable					33 814	23 628	10 736	3 941	57 114
Cost Sales		2 154 027	2 261 758
Creditors				163 743	65 641	49 469	45 068	29 168	13 378	1 476	1 352 371
Creditors Due After One Year	117 502	137 170	305 748	163 743
Creditors Due Within One Year	1 115 608	1 058 200	1 057 625	1 211 289
Debtors Due After One Year			-11 394	-10 760
Debtors Due Within One Year		490 889	576 690
Depreciation Tangible Fixed Assets Expense		24 120	29 717
Disposals Decrease In Depreciation Impairment Property Plant Equipment					11 298	22 407	244 753		19 877		18 630
Disposals Property Plant Equipment					12 203	23 140	256 850		25 894		19 489
Finance Lease Liabilities Present Value Total				14 646	9 896	5 146	12 500	8 562	3 543	3 543	1 476
Fixed Assets						260 683	269 998	253 354	225 912	397 770	402 025
Future Minimum Lease Payments Under Non-cancellable Operating Leases				51 060	50 566	46 079	47 845	62 849	56 776	31 636	15 700
Gross Profit Loss		1 150 540	1 317 873
Increase From Depreciation Charge For Year Property Plant Equipment					31 980	38 586	33 631		30 211	26 672	16 368
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment					-37 344
Interest Payable Similar Charges		28 396	31 795
Investments Fixed Assets							2	2	2	191 832	205 832
Investments In Group Undertakings							2	2	2	191 832	14 000
Net Current Assets Liabilities	56 952	4 271	196 402	36 975	3 601	2 922	-23 356	-37 904	165 759	171 951	459 712
Number Shares Allotted		100	100	100
Obligations Under Finance Lease Hire Purchase Contracts Within One Year		12 455	7 820
Operating Profit Loss		-46 532	61 188
Other Creditors				243 751	234 261	5 507	49 251		184 482	219 644	132 848
Other Creditors After One Year		137 170	305 748
Other Creditors Due Within One Year		37 572	39 475
Other Remaining Borrowings				22 876	86 268
Other Taxation Social Security Payable				17 976	22 868	24 670	19 687	20 638	253 181	173 063	175 825
Par Value Share		1	1	1
Pension Costs		29 779	27 808
Prepayments				29 805	16 143	32 935	38 916	19 912	159 003
Profit Loss For Period		-61 361	29 393
Profit Loss On Ordinary Activities Before Tax		-74 928	29 393
Property Plant Equipment Gross Cost				855 381	808 701	825 930	624 121	370 259	353 151	359 851	347 844
Provisions For Liabilities Charges	6 343
Revaluation Reserve	152 413	152 413	152 413	152 413
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment						-4 096
Share Capital Allotted Called Up Paid	100	100	100	100
Tangible Fixed Assets Additions		28 765	25 325	51 021
Tangible Fixed Assets Cost Or Valuation	770 208	798 973	819 530	855 381
Tangible Fixed Assets Depreciation	497 616	521 736	551 453	569 826
Tangible Fixed Assets Depreciation Charged In Period		24 120	29 717	32 814
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				14 441
Tangible Fixed Assets Disposals			4 768	15 170
Taxation Social Security Due Within One Year		101 188	129 528
Tax On Profit Or Loss On Ordinary Activities		-13 567
Total Additions Including From Business Combinations Property Plant Equipment					10 523	23 869	55 041		8 786	6 700	7 482
Total Assets Less Current Liabilities	329 544	281 508	381 857	322 530	259 138	263 605	246 642	215 450	391 671	569 721	861 737
Total Dividend Payment			15 000
Total Increase Decrease From Revaluations Property Plant Equipment						16 500
Total Reserves		144 238	158 631
Trade Creditors Trade Payables				667 518	521 329	706 806	807 893	868 773	1 248 775	1 052 001	1 042 222
Trade Creditors Within One Year		540 773	571 648
Trade Debtors Trade Receivables				512 010	620 844	501 014	592 547	395 931	416 301	558 105	543 502
Turnover Gross Operating Revenue		3 304 567	3 579 631
U K Current Corporation Tax		-7 224
U K Deferred Tax		-6 343
Advances Credits Directors	14 036	15 683	22 863	32 437
Advances Credits Made In Period Directors	14 036	15 683	22 863
Advances Credits Repaid In Period Directors	44 313	14 036	15 683
Director Remuneration Benefits Excluding Payments To Third Parties		90 357	114 222

Company staff

Christopher C.

Role: Secretary

Appointed: 18 December 2017

Latest update: 19 March 2024

Debra C.

Role: Director

Appointed: 01 September 2011

Latest update: 19 March 2024

Steven C.

Role: Director

Appointed: 29 October 1991

Latest update: 19 March 2024

People with significant control

Executives with significant control over the firm are: Steven C. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights. Debra C. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Steven C.

Notified on 6 April 2016

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

right to manage directors

Debra C.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	09 October 2024
Confirmation statement last made up date	25 September 2023

Annual Accounts 26 September 2014
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Date Approval Accounts	26 September 2014
Annual Accounts 6 August 2015
Start Date For Period Covered By Report	01 April 2014
End Date For Period Covered By Report	31 March 2015
Date Approval Accounts	6 August 2015
Annual Accounts 23 December 2016
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Date Approval Accounts	23 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2016
End Date For Period Covered By Report	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	01 April 2017
End Date For Period Covered By Report	31 March 2018
Annual Accounts
Start Date For Period Covered By Report	01 April 2018
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	01 April 2022
End Date For Period Covered By Report	31 March 2023

Sales Co-ordinator in Maidstone, posted on Monday 7th August 2017
Region / City	Maidstone
Salary	From £17000.00 to £20000.00 per year
Job type	permanent
Expiration date	Monday 18th September 2017


Trainee Service Engineer in Southampton, posted on Friday 2nd September 2016
Region / City	South East/Southern, Southampton
Industry	infrastructure construction
Salary	£15000.00 per year
Job type	full time
Career level	entry level employees
Education level	a GCSE (Scottish or equivalent)
Application by email	lorraine.howard@hitecspray.co.uk
Job reference code	LH/STN/TSE01

Sales Co-ordinator in Maidstone, posted on Monday 7th August 2017

Region / City

Maidstone

Salary

From £17000.00 to £20000.00 per year

Job type

permanent

Expiration date

Monday 18th September 2017

Trainee Service Engineer in Southampton, posted on Friday 2nd September 2016

Region / City

South East/Southern, Southampton

Industry

infrastructure construction

Salary

£15000.00 per year

Job type

full time

Career level

entry level employees

Education level

a GCSE (Scottish or equivalent)

Application by email

lorraine.howard@hitecspray.co.uk

Job reference code

LH/STN/TSE01

Hi-tec Spray Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Christopher C.

Debra C.

Steven C.

Debra C.

Garry D.

People with significant control

Steven C.

Debra C.

Accounts Documents

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