Hickin Electrical Wholesale Limited in Minehead, TA24 5BJ

Description

Data updated on: 01-11-2023

Situated at Unit 9 Vennland Business Park, Minehead TA24 5BJ Hickin Electrical Wholesale Limited is categorised as a Private Limited Company with 03995505 Companies House Reg No. This firm was created on May 17, 2000. This business's classified under the NACE and SIC code 46499 : Wholesale of household goods (other than musical instruments) n.e.c.. Hickin Electrical Wholesale Ltd reported its account information for the period that ended on 2022/05/31. The firm's latest confirmation statement was filed on 2023/05/17.

The business owes its achievements and constant growth to a group of two directors, namely Lynne H. and Gregory H., who have been leading the company since March 2005. In order to help the directors in their tasks, the business has been utilizing the skillset of Lynne H. as a secretary since 2004.

Executives who have control over the firm are as follows: Lynne H. has substantial control or influence over the company. Gregory H. has substantial control or influence over the company.

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
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-1 891	-17 035	23 796	53 438	104 447	126 627

Balance Sheet
Cash Bank On Hand						93 682	85 144	69 774	25 921	140 778	247 480	164 083
Current Assets	160 560	156 169	213 189	224 752	276 659	249 847	260 890	253 445	259 560	391 950	515 423	519 529
Debtors	10 447	14 957	64 936	82 992	90 087	39 927	26 696	3 634	10 572			27 519
Net Assets Liabilities						126 627	236 186	261 032	225 961	220 957	382 416	136 267
Property Plant Equipment						103 620	361 605	321 174	320 167	302 066	429 548	378 182
Total Inventories						126 238	149 050	180 037	223 067	251 172	267 943	327 927
Cash Bank In Hand	402	401	401	19 379	78 257	83 682
Intangible Fixed Assets	22 500	20 000	17 500	15 000	12 500	10 000
Net Assets Liabilities Including Pension Asset Liability	-1 891	-17 035	23 796	53 438	104 447	126 627
Stocks Inventory	149 711	140 811	147 852	122 381	108 315	126 238
Tangible Fixed Assets	12 298	9 230	10 901	9 948	17 231	103 620

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	-1 991	-17 135	23 696	53 338	104 347	126 527
Shareholder Funds	-1 891	-17 035	23 796	53 438	104 447	126 627

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal						-11 299				-16 667	-25 611	-18 026
Accumulated Amortisation Impairment Intangible Assets						40 000	42 500	45 000	47 500	50 000	50 000	50 000
Accumulated Depreciation Impairment Property Plant Equipment						74 476	111 809	103 389	132 811	153 247	186 822	181 521
Additions Other Than Through Business Combinations Property Plant Equipment							295 318	34 979	28 415	2 335	161 057	122 339
Average Number Employees During Period						14	14	14	18	25	19	23
Bank Borrowings						40 693	187 605	167 180	165 084	150 858	175 594	135 716
Bank Overdrafts							786	1 925	2 971			504
Creditors						86 350	209 261	167 180	165 084	150 858	175 594	135 716
Depreciation Expense Property Plant Equipment											33 575	22 455
Disposals Decrease In Depreciation Impairment Property Plant Equipment								-33 532				-27 757
Disposals Property Plant Equipment								-83 830				-179 006
Dividend Per Share Interim						1 923	1 142	2 734	2 243	1 401	1 600	948
Fixed Assets	34 798	29 230	28 401	24 948	29 731	113 620	369 105	326 174	322 667	302 066
Increase From Amortisation Charge For Year Intangible Assets							2 500	2 500	2 500	2 500
Increase From Depreciation Charge For Year Property Plant Equipment							37 333	25 112	29 422	20 436	33 575	22 456
Intangible Assets						10 000	7 500	5 000	2 500
Intangible Assets Gross Cost						50 000	50 000	50 000	50 000	50 000	50 000	50 000
Net Current Assets Liabilities	77 046	64 227	103 495	126 121	151 419	119 397	97 235	115 135	82 013	96 618	188 978	-62 546
Nominal Value Allotted Share Capital							100	100	100	100	100	100
Number Shares Issued Fully Paid							100	100	100	100	100	100
Other Remaining Borrowings						45 657	21 656
Par Value Share		1	1	1	1	1		1	1	1	1	1
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal						1 527	155		1 890	330	2 150
Property Plant Equipment Gross Cost						178 096	473 414	424 563	452 978	455 313	616 370	559 703
Provisions For Liabilities Balance Sheet Subtotal						20 040	20 893	13 097	13 635	10 202	34 905	25 627
Total Assets Less Current Liabilities	111 844	93 457	131 894	151 069	181 150	233 017	466 340	441 309	404 680	398 684	618 526	315 636
Total Borrowings						86 350	209 261	167 180	16 756	48 086	37 314	188 539
Amount Specific Advance Or Credit Directors						6 979	13 348	1 817	3 679
Amount Specific Advance Or Credit Made In Period Directors						20 877	13 348	1 817	3 679
Amount Specific Advance Or Credit Repaid In Period Directors						-50 000	-6 978	-13 348	-1 817	-3 679
Company Contributions To Money Purchase Plans Directors										22 342	18 628	26 641
Director Remuneration										122 000	177 000	180 000
Number Directors Accruing Benefits Under Money Purchase Scheme										2	2	2
Creditors Due After One Year	113 158	110 158	107 158	96 658	72 658	86 350
Creditors Due Within One Year	83 514	91 942	109 694	98 631	125 240	130 450
Number Shares Allotted	100	100	100	100	100	100
Provisions For Liabilities Charges	577	334	940	973	4 045	20 040
Value Shares Allotted	100	100	100	100	100	100