Hickman & Love (tipton) Limited in West Midlands, WV14 8JZ

Description

Data updated on: 01-11-2023

The firm is located in West Midlands with reg. no. 00343941. This company was registered in the year 1938. The office of the company is located at Budden Road Coseley. The zip code for this location is WV14 8JZ. The company's declared SIC number is 25620: Machining. Hickman & Love (tipton) Ltd filed its latest accounts for the financial year up to March 31, 2022. The company's most recent confirmation statement was released on December 19, 2022.

Hickman & Love (tipton) Ltd is a medium-sized vehicle operator with the licence number OD0166319. The firm has one transport operating centre in the country. In their subsidiary in Bilston , 5 machines and 7 trailers are available.

That business owes its well established position on the market and constant development to a group of four directors, specifically Janine L., Mark L., Matthew L. and Pamela R., who have been running it since 2015. What is more, the director's tasks are aided with by a secretary - Pamela R..

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	988 754	1 005 047	1 255 529

Balance Sheet
Cash Bank On Hand				820 189	1 013 346	818 934	1 247 754	1 249 704	2 255 597	4 378 973
Current Assets	1 655 317	1 754 094	2 097 810	3 351 633	3 522 699	4 484 315	4 359 913	5 698 286	8 306 227	8 932 263
Debtors	1 194 799	1 193 402	1 625 630	1 823 356	1 973 462	2 545 132	2 099 871	3 171 469	3 510 752	2 771 941
Net Assets Liabilities				2 683 279	2 979 823	3 325 590	3 505 694	3 710 324	4 829 645	7 307 100
Other Debtors				5 601	27 807	13 417	32 941	25 989	31 379	112 554
Property Plant Equipment				2 278 389	2 205 485	2 476 066	2 448 247	2 370 705	2 536 540	4 110 091
Total Inventories				708 088	535 891	1 120 249	1 012 288	1 277 113	2 539 878
Cash Bank In Hand	63 518	93 692	2 156
Net Assets Liabilities Including Pension Asset Liability	988 754	1 005 047	1 255 529
Stocks Inventory	397 000	467 000	470 024
Tangible Fixed Assets	1 103 195	1 100 810	1 377 519

Capital & Reserves
Called Up Share Capital	2 000	2 000	2 000
Profit Loss Account Reserve	587 601	609 199	864 771
Shareholder Funds	988 754	1 005 047	1 255 529

Other Financial Data
Audit Fees Expenses						14 000	14 500	14 850	12 000	13 000
Audit-related Assurance Services Fees									2 500	2 750
Other Non-audit Services Fees									12 850	13 250
Taxation Compliance Services Fees									2 000	2 200
Accrued Liabilities Deferred Income				244 165	113 189	148 955	102 292	536 849	861 212	1 226 395
Accumulated Amortisation Impairment Intangible Assets						309 101	309 101	309 101	309 101
Accumulated Depreciation Impairment Property Plant Equipment				1 394 408	1 623 578	1 808 960	2 072 800	2 262 828	2 538 333	2 685 165
Additions Other Than Through Business Combinations Property Plant Equipment							266 021	316 486	441 340	537 788
Administrative Expenses						2 448 956	2 850 257	2 953 904	3 755 192	4 466 133
Average Number Employees During Period							59	60	65	72
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment				507 057	444 191	188 536	180 970	145 079	128 541	23 244
Cash Cash Equivalents Cash Flow Value					1 013 346	818 934	1 247 754	1 249 704	2 255 597	4 378 973
Comprehensive Income Expense				305 846	414 544				1 279 321	2 637 455
Corporation Tax Payable				65 777	65 757	54 127	44 239	68 292	250 956	382 473
Corporation Tax Recoverable				32 467		92 374	91 253	55 604
Cost Sales						7 648 487	6 955 118	6 686 720	11 176 630	12 782 974
Creditors				246 824	154 020	206 292	166 728	15 084	31 227	23 615
Current Tax For Period						54 128	44 251	68 292	250 956	382 473
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences						43 000	14 500	12 500	39 000	74 500
Depreciation Expense Property Plant Equipment						187 740	209 021	221 801	249 095
Depreciation Impairment Expense Property Plant Equipment						227 673	288 500	256 567	275 505	378 449
Dividends Paid				20 000	118 000	120 000	120 000	160 000	160 000	160 000
Dividends Paid Classified As Financing Activities						-120 000	-120 000	-160 000	-160 000	-160 000
Dividends Paid On Shares Final						120 000	120 000	160 000	160 000	160 000
Finance Lease Liabilities Present Value Total				246 824	154 020	206 292	166 728	15 084	31 227	23 615
Finance Lease Payments Owing Minimum Gross						277 853	239 495	69 838	57 462	60 926
Finished Goods Goods For Resale						209 132	186 341	183 907	419 190	482 844
Further Item Interest Expense Component Total Interest Expense								12
Further Item Tax Increase Decrease Component Adjusting Items								-51	6 075	6 131
Future Minimum Lease Payments Under Non-cancellable Operating Leases									11 701	7 214
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss								-249	-814	-1 509
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						-844 965	298 579	-1 189 305	-1 445 167	850 849
Gain Loss In Cash Flows From Change In Inventories						584 358	-107 961	264 825	1 262 765	-758 529
Gain Loss On Disposals Property Plant Equipment						-1 309	1 410	-44 961
Gain Loss On Reclassification Cash Flow Hedges To Profit Or Loss From Equity Before Tax				5 500	6 500
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income										1 453 118
Government Grant Income								254 275
Gross Profit Loss						2 935 026	3 127 857	3 102 000	5 331 193
Income Taxes Paid Refund Classified As Operating Activities						-65 758	37 757	46 666	-12 688	-250 956
Income Tax Expense Credit On Components Other Comprehensive Income				-5 500	-6 500					363 500
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation						194 412	-428 820	-1 950	-1 005 893	-2 123 376
Increase Decrease In Current Tax From Adjustment For Prior Periods						-92 374	-90 775	-55 256
Increase From Depreciation Charge For Year Property Plant Equipment					233 345	227 673	288 500	256 567	275 505	378 449
Intangible Assets Gross Cost						309 101	309 101	309 101	309 101
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings									4 270
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts						15 549	10 490	12 541	7 219
Interest Payable Similar Charges Finance Costs						15 549	10 490	12 553	11 489	6 762
Interest Received Classified As Investing Activities							-970	-348
Investment Property Fair Value Model					260 000	260 000	260 000
Net Cash Flows From Used In Financing Activities						326 405	198 085	329 657	226 440	215 536
Net Cash Flows From Used In Investing Activities						283 063	218 574	223 638	387 276	435 088
Net Cash Flows From Used In Operating Activities						-415 056	-845 479	-555 245	-1 619 609	-2 774 000
Net Cash Generated From Operations						-496 363	-818 212	-521 132	-1 643 786	-3 031 718
Net Current Assets Liabilities	195 375	173 802	332 494	828 214	1 104 358	1 274 816	1 457 675	1 600 703	2 609 332	3 943 624
Net Finance Income Costs							970	348
Net Interest Paid Received Classified As Operating Activities						-15 549	-10 490	-12 553	-11 489	-6 762
Operating Profit Loss						486 070	277 600	402 371	1 580 766
Other Creditors				160 584	225 868	179 906	214 716	357 319	459 968	333 402
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					4 175	42 291	24 660	66 539		2 594
Other Disposals Property Plant Equipment					13 648	88 850	30 000	204 000		41 500
Other Interest Income							970	348
Other Interest Receivable Similar Income Finance Income							970	348
Other Operating Income Format1								254 275	4 765
Other Taxation Social Security Payable				297 922	262 361	362 187	218 544	475 528	359 141	470 683
Payments Finance Lease Liabilities Classified As Financing Activities						-206 405	-78 085	-169 657	-66 440	-55 536
Pension Other Post-employment Benefit Costs Other Pension Costs						53 506	63 201	105 176	119 104	59 997
Prepayments Accrued Income				7 877	9 679	1 796	12 864	11 159	132 755	77 811
Proceeds From Sales Property Plant Equipment						-45 250	-6 750	-92 500		-43 700
Profit Loss				300 346	408 044	465 767	300 104	364 630	1 279 321	1 547 837
Profit Loss On Ordinary Activities Before Tax						470 521	268 080	390 166	1 569 277	2 004 810
Property Plant Equipment Gross Cost				3 672 797	3 829 063	4 285 026	4 521 047	4 633 533	5 074 873	6 795 256
Provisions For Liabilities Balance Sheet Subtotal				176 500	176 000	219 000	233 500
Purchase Property Plant Equipment						-328 313	-226 294	-316 486	-387 276	-478 788
Raw Materials Consumables						911 117	825 947	1 093 206	2 120 688
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment										-229 023
Social Security Costs						225 814	245 363	292 699	395 808
Staff Costs Employee Benefits Expense						2 394 609	2 637 792	3 035 332	3 861 569	4 585 859
Taxation Including Deferred Taxation Balance Sheet Subtotal				176 500	176 000	219 000	233 500	246 000	285 000	723 000
Tax Expense Credit Applicable Tax Rate						89 399	50 935	74 132	298 163	380 914
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss						7 729	7 816	1 027	7 527	4 293
Tax Tax Credit On Profit Or Loss On Ordinary Activities						4 754	-32 024	25 536	289 956	456 973
Total Additions Including From Business Combinations Property Plant Equipment					169 914	544 813
Total Assets Less Current Liabilities	1 298 570	1 274 612	1 710 013	3 106 603	3 309 843	3 750 882	3 905 922	3 971 408	5 145 872	8 053 715
Total Current Tax Expense Credit						-38 246	-46 524	13 036	250 956
Total Increase Decrease From Revaluations Property Plant Equipment										1 224 095
Trade Creditors Trade Payables				1 623 197	1 637 428	2 392 763	2 249 680	2 604 841	3 739 383	2 538 375
Trade Debtors Trade Receivables				1 777 411	1 935 976	2 437 545	1 962 813	3 078 717	3 346 618	2 581 576
Transfers To From Retained Earnings Increase Decrease In Equity					-22 778	-22 315	-22 749	-20 513	-21 018
Turnover Revenue						10 583 513	10 082 975	9 788 720	16 507 823
Wages Salaries						2 115 289	2 329 228	2 637 457	3 346 657	4 024 821
Company Contributions To Defined Benefit Plans Directors						30 000	30 000	80 000	59 160
Director Remuneration					612 528	659 228	769 222	601 890	577 186	604 435
Director Remuneration Benefits Including Payments To Third Parties						659 228	799 222	681 890	636 346	604 435
Creditors Due After One Year	244 774	220 161	368 785
Creditors Due Within One Year	1 459 942	1 580 292	1 765 316
Debtors Due After One Year	-20 593	-30 545	-21 795
Fixed Assets	1 103 195	1 100 810	1 377 519
Intangible Fixed Assets Aggregate Amortisation Impairment	309 101	309 101
Intangible Fixed Assets Cost Or Valuation	309 101	309 101
Number Shares Allotted		2 000	2 000
Par Value Share		1	1
Provisions For Liabilities Charges	65 042	49 404	85 699
Revaluation Reserve	399 153	393 848	388 758
Secured Debts	96 412	121 229	410 781
Share Capital Allotted Called Up Paid	2 000	2 000	2 000
Tangible Fixed Assets Additions		90 174	419 027
Tangible Fixed Assets Cost Or Valuation	2 003 497	2 092 171	2 498 861
Tangible Fixed Assets Depreciation	900 302	991 361	1 121 342
Tangible Fixed Assets Depreciation Charged In Period		92 292	138 048
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		1 233	8 067
Tangible Fixed Assets Disposals		1 500	12 337
Advances Credits Directors	123 269	110 583	120 133
Advances Credits Made In Period Directors	93 796	57 151
Advances Credits Repaid In Period Directors	70 000	69 837

Company staff

Pamela R.

Role: Secretary

Latest update: 3 April 2024

Janine L.

Role: Director

Appointed: 03 April 2015

Latest update: 3 April 2024

Mark L.

Role: Director

Appointed: 03 April 2015

Latest update: 3 April 2024

Matthew L.

Role: Director

Appointed: 03 April 2015

Latest update: 3 April 2024

Pamela R.

Role: Director

Appointed: 31 December 1991

Latest update: 3 April 2024

People with significant control

Executives who control this firm include: Matthew L. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Mark L. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Janine L. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Matthew L.

Notified on 24 November 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Mark L.

Notified on 24 November 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Janine L.

Notified on 24 November 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Pamela R.

Notified on 6 April 2016

Ceased on 24 November 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Mark L.

Notified on 6 April 2016

Ceased on 6 April 2016

Nature of control:

substantial control or influence

Matthew L.

Notified on 6 April 2016

Ceased on 6 April 2016

Nature of control:

substantial control or influence

Janine L.

Notified on 6 April 2016

Ceased on 6 April 2016

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	02 January 2024
Confirmation statement last made up date	19 December 2022

Annual Accounts 24th December 2014
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Date Approval Accounts	24th December 2014
Annual Accounts
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Annual Accounts
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Annual Accounts
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Annual Accounts
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Annual Accounts
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Annual Accounts
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Annual Accounts 30th January 2014
End Date For Period Covered By Report	31 March 2013
Date Approval Accounts	30th January 2014

Hickman & Love (tipton) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Pamela R.

Janine L.

Mark L.

Matthew L.

Pamela R.

Vera L.

Mervin L.

People with significant control

Matthew L.

Mark L.

Janine L.

Pamela R.

Mark L.

Matthew L.

Janine L.

Accounts Documents

Company Vehicle Operator Data

Budden Road

City

Postal code

No. of Vehicles

No. of Trailers

Company filings

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