Hi Tech Engines Limited in Preston, PR3 1DB

Description

Data updated on: 01-11-2023

Hi Tech Engines Limited has been prospering on the market for twenty five years. Registered under the number 03802351 in 1999, it have office at Bobbin Mill Long Lane, Preston PR3 1DB. This enterprise's Standard Industrial Classification Code is 45200 meaning Maintenance and repair of motor vehicles. Hi Tech Engines Ltd filed its latest accounts for the period up to 31st May 2022. Its most recent confirmation statement was filed on 7th July 2023.

At present, there seems to be only a single director in the company: Sylvia G. (since 2005-12-01). The firm had been managed by Paul G. till March 2018. In addition another director, including Stephen M. resigned in December 2005. To help the directors in their tasks, this particular firm has been using the skills of Sylvia G. as a secretary since February 2013.

Sylvia G. is the individual who controls this firm, owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-05-31	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	1 340	2 403	1 143	2 429	1 292	2 996

Balance Sheet
Cash Bank On Hand						7 196	7 651	1 909	12 130	48	5 457	48	2 384
Current Assets	6 018	12 934	5 107	28 598	12 072	10 200	41 265	25 041	26 622	14 951	21 949	20 879	26 254
Debtors				4 576	3 389	3 004	1 789	2 357	1 557	2 941	1 557	2 487	7 579
Net Assets Liabilities						2 996	1 358	1 705	1 571	3 884	3 509	3 224	7 222
Other Debtors							1 789	1 557	1 557	2 941	1 557	1 557	1 557
Property Plant Equipment						6 467	32 085	26 885	25 587	21 580	25 462	28 197	25 818
Total Inventories							31 825	20 775	12 935	11 962	14 935	18 344	16 291
Cash Bank In Hand	4 218	12 934	5 107	24 022	8 683	7 196
Net Assets Liabilities Including Pension Asset Liability	1 340	2 403	1 143	2 429	1 292	2 996
Stocks Inventory	1 800
Tangible Fixed Assets	4 056	3 448	2 931	2 491	7 608	6 467

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	1 240	2 303	1 043	2 329	1 192	2 896
Shareholder Funds	1 340	2 403	1 143	2 429	1 292	2 996

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						12 138	18 351	23 551	28 456	32 463	36 651	39 478	41 857
Average Number Employees During Period						2	2	2	2	1	1	1	1
Bank Borrowings Overdrafts										4 988		1 323
Corporation Tax Payable						752	204	223		255	168	181	932
Creditors						13 071	70 600	48 970	48 939	31 140	42 048	42 942	41 951
Depreciation Rate Used For Property Plant Equipment								15		15	15	15	15
Fixed Assets							32 085	26 885	25 587	21 580	25 462	28 197	25 818
Increase From Depreciation Charge For Year Property Plant Equipment							6 213	5 200		4 007	4 188	2 827	2 379
Net Current Assets Liabilities	-2 439	-785	-1 554	148	-5 641	-2 871	-29 335	-23 929	-22 317	-16 189	-20 099	-22 063	-15 697
Other Creditors						641	48 794	44 303	46 427	24 030	39 440	38 291	35 952
Other Taxation Social Security Payable						794		4 109	2 512		2 139	1 024	4 224
Property Plant Equipment Gross Cost						18 605	50 436	50 436		54 043	62 113	67 675	67 675
Provisions For Liabilities Balance Sheet Subtotal						600	1 392	1 251	1 699	1 507	1 854	2 910	2 899
Total Additions Including From Business Combinations Property Plant Equipment							31 831				8 070	5 562
Total Assets Less Current Liabilities	1 617	2 663	1 377	2 639	1 967	3 596	2 750	2 956	3 270	5 391	5 363	6 134	10 121
Trade Creditors Trade Payables						9 734	21 602	335		1 867	301	2 123	843
Trade Debtors Trade Receivables						1 310		800				930	6 022
Advances Credits Directors							37 520	33 740	35 864	13 467	28 877	27 728	25 389
Advances Credits Made In Period Directors							37 520		2 124		20 000	3 000
Advances Credits Repaid In Period Directors										22 397	4 590	4 149
Accrued Liabilities						1 150	1 261
Creditors Due Within One Year	8 457	13 719	6 661	28 450	17 713	13 071
Number Shares Allotted		100	100	100	100	100
Other Remaining Borrowings							8 513
Par Value Share		1	1	1	1	1
Prepayments						1 694	1 557
Provisions For Liabilities Charges	277	260	234	210	675	600
Recoverable Value-added Tax							232
Share Capital Allotted Called Up Paid	100	100	100	100	100	100
Tangible Fixed Assets Additions					6 460
Tangible Fixed Assets Cost Or Valuation	12 145	12 145	12 145	12 145	18 605
Tangible Fixed Assets Depreciation	8 089	8 697	9 214	9 654	10 997	12 138
Tangible Fixed Assets Depreciation Charged In Period		608	517	440	1 343	1 141