Hi-wire Limited in Castleford, WF10 5NP

Description

Data updated on: 01-11-2023

Located in Unit E4, Castleford WF10 5NP Hi-wire Limited is a Private Limited Company with 03512877 registration number. It has been set up 26 years ago. It has a history in business name change. Up till now this firm had four different company names. Up till 2012 this firm was prospering under the name of Essex Uk and up to that point the official company name was Essex Nexans Uk. The enterprise's declared SIC number is 27320: Manufacture of other electronic and electric wires and cables. Hi-wire Ltd filed its latest accounts for the period up to 2022/12/31. The company's latest confirmation statement was submitted on 2023/09/21.

On 2017/06/23, the corporation was looking for a Warehouse Operator to fill a full time post in Castleford, Yorkshire. They offered an overtime with salary from £15113 to £16575 per year. The offered job required no experience and a CSE or its equivalent. All the applications should include job offer number T3AZG5JOSF.

In the following company, all of director's tasks up till now have been carried out by Yun K. and Darren G.. Out of these two individuals, Darren G. has carried on with the company for the longest period of time, having become a vital part of the Management Board on December 23, 2011. Additionally, the managing director's responsibilities are aided with by a secretary - Lloyd F., who was chosen by the following company thirteen years ago.

Previous company's names
Hi-wire Limited 2012-01-03
Essex Uk Limited 2007-07-31
Essex Nexans Uk Limited 2005-12-05
Essex International Limited 1998-03-05
Trushelfco (no.2323) Limited 1998-02-18

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	594 363	996 686	628 256	1 656 972	1 400 159	1 208 295
Current Assets	6 788 267	7 000 714	6 766 566	6 916 777	8 647 101	10 041 080
Debtors	3 215 011	2 880 609	2 752 735	2 651 653	3 167 402	3 588 196
Net Assets Liabilities	2 328 303	2 443 078	2 588 613	9 319 339	11 016 795	9 695 356
Other Debtors		12 957	10 709		4 900
Property Plant Equipment	1 435 357	1 355 981	846 576	803 802	748 499	664 755
Total Inventories	2 978 893	3 123 419	3 385 575	2 608 152	4 079 540	5 244 589

Other Financial Data
Audit Fees Expenses	24 150	16 500
Company Contributions To Money Purchase Plans Directors	5 905	6 276	6 818	6 999	7 023	7 168
Director Remuneration	71 106	75 796	74 252	73 158	70 031	77 417
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1	1	1	1	1
Accrued Liabilities Deferred Income	65 769	114 845	105 101	82 701	109 172	134 273
Accumulated Amortisation Impairment Intangible Assets	333 875	333 875	333 875	333 875	333 875
Accumulated Depreciation Impairment Property Plant Equipment	462 593	554 422	646 516	735 708	829 266	932 632
Administrative Expenses	1 819 604	2 054 778	1 540 492	1 563 897	1 608 683	1 847 991
Amounts Owed To Group Undertakings	7 444 136	8 054 360	7 649 093	243 646	1 584 913	2 923 015
Applicable Tax Rate	19	19	19	19	19	19
Assumed Rate Increase Pensionable Salaries	3	3	2	2	3	3
Assumed Rate Increase Pensions In Payment Deferred Pensions	3	3	3	3	3	3
Average Number Employees During Period	32	32	31	31	29	28
Comprehensive Income Expense	1 759 296	114 775	145 535	-456 561	1 697 456	-1 321 439
Cost Sales	9 980 888	10 154 229	8 837 823	7 327 534	9 085 962	11 806 471
Creditors	8 123 321	8 700 617	8 233 529	1 291 240	2 648 805	3 761 479
Cumulative Gain Loss On Remeasurement Defined Benefit Plan Recognised In Other Comprehensive Income	1 524 000	490 000	22 000	707 000	1 036 000	1 639 000
Current Service Cost Defined Benefit Plan	-37 000	-39 000	-25 000	-27 000	-37 000	-36 000
Debt Securities Held In Defined Benefit Plan Fair Value	7 655 000	11 842 000	12 871 000	13 894 000	19 610 000	5 108 000
Decrease In Assets Defined Benefit Plan From Benefits Paid	-410 000	-441 000	-414 000	-652 000	-588 000	-602 000
Decrease Increase In Liabilities Defined Benefit Plan From Remeasurement	332 000	1 145 000	-1 286 000	-2 197 000	637 000	4 942 000
Deficit Surplus In Defined Benefit Plan	-2 228 000	-2 787 000	-3 209 000	-2 890 000	-4 270 000	-2 751 000
Defined Benefit Liabilities From Plans That Are Wholly Or Partly Funded Present Value	14 409 000	13 524 000	14 801 000	16 668 000	15 698 000	10 472 000
Depreciation Expense Property Plant Equipment	86 508	91 829	92 144	89 192	94 623	103 368
Discount Rate Used Defined Benefit Plan	3	3	2	1	2	5
Distribution Costs	486 355	514 499	487 459	436 830	613 255	653 530
Equity Securities Held In Defined Benefit Plan Fair Value	6 517 000	3 313 000	3 978 000	4 472 000		7 147 000
Expense Income From Defined Benefit Plan Settlements Curtailments	162 000	152 000	114 000	152 000	159 000	172 000
Fair Value Assets Defined Benefit Plan	16 637 000	16 311 000	18 010 000	19 558 000	19 968 000	13 223 000
Fair Value Assets In Defined Benefit Plans Less Present Value Funded Obligations	16 637 000	16 311 000	18 010 000	19 558 000	19 968 000	13 223 000
Finished Goods	2 954 663	3 088 856	3 353 752	2 583 622	4 061 575	5 197 677
Fixed Assets	1 435 357	1 355 981	846 576	803 802	748 499	664 755
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax	1 477 000	490 000	-22 000	-707 000	1 036 000	-1 639 000
Further Item Interest Expense Component Total Interest Expense	117 634	150 320	158 183	28 690	1 500	22 842
Further Operating Expense Item Component Total Operating Expenses		300 000
Future Minimum Lease Payments Under Non-cancellable Operating Leases	150 158	117 257	101 604	141 541	120 133	115 567
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-19 290	-17 281	-21 952	-2 140	-27 878	-50 374
Gain Loss On Disposals Property Plant Equipment	750		25 460
Gross Profit Loss	2 689 889	2 284 372	2 270 669	2 048 385	2 741 746	2 739 149
Income Tax Expense Credit On Components Other Comprehensive Income	280 630	93 100	-4 180	-134 330	196 840	-311 410
Increase Decrease In Assets Defined Benefit Plan From Remeasurement	1 145 000	-655 000	1 264 000	1 490 000	399 000	-6 581 000
Increase Decrease In Liabilities Defined Benefit Plan From Past Service Cost Gains Losses Arising From Settlements		300 000
Increase From Depreciation Charge For Year Property Plant Equipment		91 829	92 144	89 192	94 623	103 368
Increase In Assets Defined Benefit Plan From Contributions By Employer	500 000	500 000	500 000	500 000	500 000	250 000
Increase In Assets Defined Benefit Plan From Contributions By Participants	7 000	7 000	7 000	5 000	5 000	5 000
Increase In Liabilities Defined Benefit Plan From Contributions By Participants	7 000	7 000	7 000	5 000	5 000	5 000
Increase In Liabilities Defined Benefit Plan From Interest Expense	363 000	355 000	373 000	290 000	213 000	277 000
Intangible Assets Gross Cost	333 875	333 875	333 875	333 875	333 875
Interest Payable Similar Charges Finance Costs	117 634	150 320	158 183	28 690	1 500	22 842
Liabilities Defined Benefit Plan Present Value	14 409 000	13 524 000	14 801 000	16 668 000	15 698 000	10 472 000
Net Current Assets Liabilities	-1 335 054	-1 699 903	-1 466 963	5 625 537	5 998 296	6 279 601
Number Shares Issued Fully Paid		608 940 201	608 940 201	608 940 201	608 940 201	608 940 201
Operating Profit Loss	383 930	-284 905	242 718	206 539	622 956	262 403
Other Comprehensive Income Expense Net Tax	1 196 370	396 900	-17 820	-572 670	839 160	-1 327 590
Other Deferred Tax Expense Credit	-280 630	-93 100	4 180	134 330	-196 840	311 410
Other Finance Income	16 000	60 000	83 000	67 000	40 000	78 000
Other Taxation Social Security Payable	27 757	25 176	26 256	22 321	23 966	24 087
Par Value Share		0	0	0	0	0
Past Service Cost Defined Benefit Plan		300 000
Pension Other Post-employment Benefit Costs Other Pension Costs	238 253	530 187	183 587	226 592	249 847	256 090
Prepayments Accrued Income	522 414	479 144	515 984	565 786	560 820	632 903
Profit Loss	562 926	-282 125	163 355	116 109	858 296	6 151
Profit Loss On Ordinary Activities Before Tax	282 296	-375 225	167 535	250 439	661 456	317 561
Property Held In Defined Benefit Plan Fair Value	2 433 000	1 115 000	1 141 000
Property Plant Equipment Gross Cost	1 897 950	1 910 403	1 493 092	1 539 510	1 577 765	1 597 387
Raw Materials	24 230	34 563	31 823	24 530	17 965	46 912
Retirement Benefit Obligations Surplus	-2 228 000	-2 787 000	-3 209 000	-2 890 000	-4 270 000	-2 751 000
Return On Assets Benefit Plan	1 524 000	240 000	1 720 000	1 847 000	652 000	6 226 000
Social Security Costs	80 971	86 009	79 319	75 394	74 316	93 770
Staff Costs Employee Benefits Expense	1 167 606	1 467 706	1 098 204	1 109 728	1 117 513	1 187 401
Tax Decrease From Tax Losses For Which No Deferred Tax Asset Was Recognised	343 221	30 279
Tax Expense Credit Applicable Tax Rate	53 636	-71 293	31 832	47 583	125 677	60 337
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	8 955	8 472	8 004	10 168	7 983	344
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-280 630	-93 100	4 180	134 330	-196 840	311 410
Total Additions Including From Business Combinations Property Plant Equipment		12 453	4 623	46 418	39 320	19 624
Total Assets Less Current Liabilities	100 303	-343 922	-620 387	6 429 339	6 746 795	6 944 356
Total Operating Lease Payments	43 363	32 340	30 369	23 927	27 904	23 790
Trade Creditors Trade Payables	154 311	152 852	195 538	284 361	503 803	263 712
Trade Debtors Trade Receivables	2 692 597	2 388 508	2 226 042	2 085 867	2 601 682	2 955 293
Turnover Revenue	12 670 777	12 438 601	11 108 492	9 375 919	11 827 708	14 545 620
Wages Salaries	848 382	851 510	835 298	807 742	793 350	837 541
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit		-30 279	-64 517	76 579
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period				76 579	-328 434	242 865
Disposals Decrease In Depreciation Impairment Property Plant Equipment			50		1 065	2
Disposals Property Plant Equipment			421 934		1 065	2
Further Item Tax Increase Decrease Component Adjusting Items			33 698
Increase Decrease Due To Transfers Between Classes Property Plant Equipment			16 695
Other Interest Receivable Similar Income Finance Income				5 590
Other Operating Income Format1				158 881	103 148	24 775
Tax Increase Decrease From Effect Capital Allowances Depreciation					-2 066	7 864
Tax Increase Decrease From Other Tax Effects Tax Reconciliation			-4 837
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment			16 695