Hi Way Services (UK) Holdings Limited in Canterbury, CT3 4JZ

Description

Data updated on: 01-11-2023

08195002 - registration number used by Hi Way Services (UK) Holdings Limited. It was registered as a Private Limited Company on 2012-08-29. It has been actively competing in this business for the last twelve years. This business can be found at Unit 32 Thomas Way 3a Lakesview International Business Park Hersden in Canterbury. The headquarters' zip code assigned is CT3 4JZ. The enterprise's classified under the NACE and SIC code 82990, that means Other business support service activities not elsewhere classified. Hi Way Services (UK) Holdings Ltd reported its latest accounts for the financial period up to 2022/11/30. The firm's most recent confirmation statement was submitted on 2023/08/29.

Because of this firm's constant growth, it became necessary to acquire further executives: Maria O. and Andrew O. who have been cooperating since 2012 to exercise independent judgement of this specific limited company.

Andrew O. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-11-30	2021-11-30	2022-11-30
Currency

Balance Sheet
Cash Bank On Hand	2 203 841	2 216 152	1 502 063
Current Assets	2 203 841	2 241 152	2 614 106
Debtors	5 777 490	25 000	1 112 043
Net Assets Liabilities	6 747 153	7 450 723	8 187 024
Other Debtors	622 619	25 000	572 414
Total Inventories	226 396	284 911	271 602

Other Financial Data
Audit Fees Expenses	9 000	9 000	9 500
Audit-related Assurance Services Entity Subsidiaries Fees	1 000	1 000	1 000
Accrued Liabilities Deferred Income	207 132	134 525	125 950
Accumulated Amortisation Impairment Intangible Assets		30 000	30 000
Accumulated Depreciation Impairment Property Plant Equipment	266 585	76 236	360 068
Additional Provisions Increase From New Provisions Recognised		-22 661	99 627
Additions Other Than Through Business Combinations Property Plant Equipment		22 915	38 923
Administration Support Average Number Employees	10	10	10
Administrative Expenses	1 292 480	1 398 264	1 326 090
Amortisation Rate Used For Intangible Assets		20	20
Amounts Owed By Associates Joint Ventures Participating Interests	695 813	887 813	887 813
Amounts Owed By Directors	2 032 338	2 490 818	500 000
Amounts Owed By Group Undertakings			39 629
Amounts Owed To Group Undertakings	531	82 360
Applicable Tax Rate	19	19	19
Average Number Employees During Period	63	65	53
Bank Borrowings Overdrafts	705 553	668 561	465 553
Cash Cash Equivalents Cash Flow Value	2 679 260	2 679 030	1 525 256
Comprehensive Income Expense	1 787 562	196 951	699 925
Corporation Tax Payable	179	36	475
Cost Sales	4 983 149	4 734 736	4 841 395
Creditors	150 710	187 870	58 799
Current Tax For Period	272 156	293 397	135 951
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	32 045	-22 661	99 627
Deferred Tax Liabilities	108 189	85 528	185 155
Depreciation Expense Property Plant Equipment	445 877	448 716	330 886
Depreciation Rate Used For Property Plant Equipment		25	25
Depreciation Transfer Revaluation Surplus Before Tax Increase Decrease In Equity	-13 100	13 100	-13 100
Disposals Decrease In Depreciation Impairment Property Plant Equipment		26 500	13 624
Disposals Property Plant Equipment		26 500	26 157
Dividend Income		54 727	51 150
Dividends Paid	186 800	196 800	197 900
Dividends Paid Classified As Financing Activities	186 800	196 800	197 900
Dividends Paid On Shares	56 800	66 800	67 900
Finance Lease Liabilities Present Value Total	428 694	156 461	450 725
Finance Lease Payments Owing Minimum Gross	428 694	156 461	440 716
Financial Assets	4 423 433	4 157 426
Financial Liabilities	2 598 826	2 089 204
Gain Loss In Cash Flows From Change In Accrued Items	104 363	-72 607	-8 575
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	920 905	-835 696	-262 490
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-995 290	391 761	-1 190 443
Gain Loss In Cash Flows From Change In Inventories	4 308	-58 515	13 309
Gain Loss On Disposals Property Plant Equipment	138 270	75 000	-2 284
Gross Profit Loss	2 962 719	2 557 373	2 483 626
Income Expense Recognised Directly In Equity	-186 800	-196 800	-197 900
Income Taxes Paid Refund Classified As Operating Activities	211 484	272 156	293 482
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	1 292 965	-230	-1 153 774
Increase Decrease In Current Tax From Adjustment For Prior Periods			85
Increase Decrease In Net Debt From Cash Flows		-361 273	1 221 369
Increase From Depreciation Charge For Year Property Plant Equipment		372 133	2 934
Intangible Assets Gross Cost		30 000	30 000
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	19 429	15 662	11 815
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	28 314	27 255	29 507
Interest Income On Cash Cash Equivalents	1 360	187	2 500
Interest Paid Classified As Operating Activities	47 743	42 917	41 322
Interest Payable Similar Charges Finance Costs	47 743	42 917	41 322
Interest Received Classified As Operating Activities	53 915	54 914	53 650
Investments	90	90	90
Investments Fixed Assets	90	90	90
Investments In Group Undertakings	90	90	90
Net Cash Flows From Used In Financing Activities	-142 237	-558 303	-130 305
Net Cash Flows From Used In Investing Activities	-371 618	-139 536	-784 822
Net Cash Flows From Used In Operating Activities	1 806 820	697 609	-238 647
Net Cash Generated From Operations	2 012 132	957 768	42 507
Net Current Assets Liabilities	2 053 131	2 053 282	2 555 307
Net Debt Funds	-1 157 101	-1 518 374	-297 005
Net Deferred Tax Liability Asset	108 189	85 528	185 155
Number Shares Issued Fully Paid	10	10	10
Operating Profit Loss	1 670 239	1 159 109	1 157 536
Other Creditors	150 000	105 474	58 324
Other Interest Income	52 555	54 727
Other Interest Receivable Similar Income Finance Income	53 915	54 914	53 650
Other Taxation Social Security Payable	664 894	24 511	22 929
Par Value Share		1	1
Payments Finance Lease Liabilities Classified As Financing Activities	349 000	324 511	-284 255
Pension Costs Defined Contribution Plan	88 281	82 104	64 217
Pension Other Post-employment Benefit Costs Other Pension Costs	88 281	82 104	64 217
Prepayments Accrued Income	658 243	340 490	169 591
Proceeds From Borrowings Classified As Financing Activities	426 789
Proceeds From Sales Property Plant Equipment	181 333	75 000	10 249
Production Average Number Employees	53	55	43
Profit Loss	1 787 562	196 951	699 925
Profit Loss On Ordinary Activities Before Tax	1 676 411	1 171 106	1 169 864
Property Plant Equipment Gross Cost	5 094 542	1 577 107	1 616 030
Provisions	108 189	85 528	185 155
Purchase Property Plant Equipment	552 951	214 536	795 071
Raw Materials	226 396	284 911	271 602
Repayments Borrowings Classified As Financing Activities	33 226	36 992	216 660
Revenue From Sale Goods	7 945 868	7 292 109	7 325 021
Staff Costs Employee Benefits Expense	2 154 330	2 110 038	2 060 684
Taxation Including Deferred Taxation Balance Sheet Subtotal	108 189	85 528	185 155
Tax Expense Credit Applicable Tax Rate	318 518	222 511	222 274
Tax Increase Decrease From Effect Capital Allowances Depreciation	-18 826	58 930	-95 232
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	4 509	11 956	8 909
Tax Increase Decrease From Other Short-term Timing Differences		-22 661	99 627
Tax Tax Credit On Profit Or Loss On Ordinary Activities	304 201	270 736	235 663
Total Assets Less Current Liabilities	2 053 221	2 053 372	2 555 397
Total Current Tax Expense Credit		293 397	136 036
Trade Creditors Trade Payables	824 338	561 931	305 168
Trade Debtors Trade Receivables	1 768 477	940 467	1 374 125
Turnover Revenue	7 945 868	7 292 109	7 325 021
Wages Salaries	2 066 049	2 027 934	1 996 467
Company Contributions To Money Purchase Plans Directors	65 260	57 200	31 200
Director Remuneration	23 400	23 400	23 100
Director Remuneration Benefits Excluding Payments To Third Parties	88 660	80 600	54 300
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3	3

Company staff

Maria O.

Role: Director

Appointed: 29 August 2012

Latest update: 1 March 2024

Andrew O.

Role: Director

Appointed: 29 August 2012

Latest update: 1 March 2024

People with significant control

Andrew O.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 August 2024
Account last made up date	30 November 2022
Confirmation statement next due date	12 September 2024
Confirmation statement last made up date	29 August 2023

Annual Accounts
Start Date For Period Covered By Report	2020-12-01
End Date For Period Covered By Report	30 November 2021
Annual Accounts
Start Date For Period Covered By Report	2021-12-01
End Date For Period Covered By Report	30 November 2022

Hi Way Services (UK) Holdings Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Maria O.

Andrew O.

People with significant control

Andrew O.

Accounts Documents

Company filings

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