Hubbgroup Holdings Limited in Scunthorpe, DN15 7PQ

Description

Data updated on: 01-11-2023

Located in 50-54 Oswald Road, Scunthorpe DN15 7PQ Hubbgroup Holdings Limited is categorised as a Private Limited Company issued a 13256402 registration number. This company was set up on 2021-03-10. This firm's Standard Industrial Classification Code is 64209 and has the NACE code: Activities of other holding companies n.e.c.. The firm's most recent filed accounts documents describe the period up to 2022-03-31 and the most current confirmation statement was released on 2023-03-09.

As for this company, all of director's tasks up till now have been carried out by Nicholas H. and Joshua H.. When it comes to these two managers, Nicholas H. has been with the company for the longest time, having been a vital part of company's Management Board for 3 years. Moreover, the director's assignments are regularly supported by a secretary - Sandra H., who was appointed by the company on 2021-03-10.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	208 864	60 797
Current Assets	3 214 503	3 089 303
Debtors	2 263 257	1 781 171
Net Assets Liabilities	-1 357	2 215
Other Debtors		23 461
Total Inventories	742 382	1 247 335

Other Financial Data
Audit Fees Expenses	5 990	23 040
Accumulated Amortisation Impairment Intangible Assets	5 980	11 960
Accumulated Depreciation Impairment Property Plant Equipment	75 746	45 409
Acquisition Subsidiaries Increase Decrease In Equity	1 346 601
Additions Other Than Through Business Combinations Property Plant Equipment		165 103
Administration Support Average Number Employees	6	7
Administrative Expenses	1 747 505	1 563 079
Amortisation Expense Intangible Assets	5 980	5 980
Amounts Owed By Related Parties		67 990
Amounts Owed To Related Parties	30 662	27 090
Applicable Tax Rate	19	19
Average Number Employees During Period	76	76
Balances With Banks	197 374	32 024
Bank Borrowings	158 333	108 333
Bank Borrowings Overdrafts		-202 310
Bank Overdrafts		202 310
Cash Cash Equivalents	208 864	60 797
Cash Cash Equivalents Cash Flow Value	208 864
Cash On Hand	11 490	28 773
Cost Sales	11 189 697	11 102 025
Creditors	2 301 755	2 428 520
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit	-79 963
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws	-9 590	27 143
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	207 403	27 143
Deferred Tax Liabilities	-241 259	-499 206
Depreciation Amortisation Expense	840 231	665 418
Depreciation Expense Property Plant Equipment	834 251	659 438
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-80 828
Disposals Property Plant Equipment		-114 600
Dividends Paid	-105 000	-160 000
Dividends Paid Classified As Financing Activities	-105 000	-160 000
Fixed Assets	5 009 093	5 729 316
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	-70 336	141 100
Further Item Debtors Component Total Debtors	73 746	69
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	269 478	-118 167
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	50 762	-408 409
Gain Loss In Cash Flows From Change In Inventories	280 469	504 953
Gain Loss On Disposals Property Plant Equipment	79 242	101 413
Government Grant Income	10 412
Gross Profit Loss	2 412 456	2 049 414
Income Taxes Paid Refund Classified As Operating Activities		-73 677
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	208 864	-350 377
Increase Decrease In Current Tax From Unrecognised Timing Difference From Prior Period	342 424	197
Increase Decrease In Existing Provisions		27 143
Increase From Amortisation Charge For Year Intangible Assets		5 980
Increase From Depreciation Charge For Year Property Plant Equipment		50 491
Intangible Assets	23 920	17 940
Intangible Assets Gross Cost	29 900	29 900
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	2 785	5 495
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss	18 523	30 262
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	150 677	202 596
Interest Paid Classified As Financing Activities	-171 985	-238 353
Interest Paid Classified As Operating Activities	171 985	238 353
Interest Payable Similar Charges Finance Costs	171 985	238 353
Interest Received Classified As Investing Activities	-61
Interest Received Classified As Operating Activities	-61
Investments Fixed Assets	30 305	30 305
Investments In Subsidiaries	30 305	30 305
Issue Equity Instruments	105
Net Cash Flows From Used In Financing Activities	-1 614 905	-1 684 257
Net Cash Flows From Used In Investing Activities	459 582	424 574
Net Cash Flows From Used In Operating Activities	1 364 187	909 306
Net Cash Generated From Operations	1 364 187	835 629
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	1 425 940	1 050 340
Net Current Assets Liabilities	-577 642	-1 083 118
Nominal Value Allotted Share Capital	105	105
Number Shares Issued Fully Paid	1	1
Operating Profit Loss	664 951	486 335
Other Creditors	50 712	49 883
Other Finance Income	-61
Other Interest Receivable Similar Income Finance Income	-61
Other Inventories	100 217	467 979
Other Payables Accrued Expenses	1 000	1 000
Other Remaining Borrowings	183 335	252 203
Other Revenue		141 015
Par Value Share		1
Payments Finance Lease Liabilities Classified As Financing Activities	-1 475 917	-1 304 772
Pension Costs Defined Contribution Plan	57 293	55 614
Percentage Class Share Held In Subsidiary	100	100
Prepayments	37 190	30 759
Proceeds From Sales Property Plant Equipment	564 152	718 880
Production Average Number Employees	70	69
Profit Loss	285 502	220 839
Profit Loss Attributable To Owners Parent	285 502	220 839
Profit Loss On Ordinary Activities Before Tax	492 905	247 982
Property Plant Equipment Gross Cost	303 031	353 534
Provisions	602 488	629 631
Provisions For Liabilities Balance Sheet Subtotal	602 488	629 631
Purchase Property Plant Equipment	-159 183	-294 306
Rental Income From Investment Property		12 000
Repayments Borrowings Classified As Financing Activities	-41 667	-50 000
Revenue From Construction Contracts	11 524 028	11 152 899
Revenue From Rendering Services	946 970	598 891
Revenue From Sale Goods	1 131 155	1 246 634
Social Security Costs	268 414	292 331
Staff Costs Employee Benefits Expense	2 967 810	3 128 808
Taxation Social Security Payable	117 904	207 509
Tax Decrease From Tax Losses For Which No Deferred Tax Asset Was Recognised	299
Tax Decrease From Utilisation Tax Losses		-536
Tax Expense Credit Applicable Tax Rate	93 652	47 117
Tax Increase Decrease From Effect Capital Allowances Depreciation	-202 152	-244 672
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 471	1 136
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward	61 262	196 758
Tax Tax Credit On Profit Or Loss On Ordinary Activities	207 403	27 143
Total Assets Less Current Liabilities	4 431 451	4 646 198
Total Borrowings	2 301 755	2 428 520
Trade Creditors Trade Payables	2 067 314	1 870 564
Trade Debtors Trade Receivables	1 920 132	1 658 892
Turnover Revenue	13 602 153	13 151 439
Unpaid Contributions To Pension Schemes	2 894	3 666
Wages Salaries	2 642 103	2 780 863
Work In Progress	642 165	779 356
Amount Specific Advance Or Credit Directors	232 189
Amount Specific Advance Or Credit Made In Period Directors	232 189
Amount Specific Advance Or Credit Repaid In Period Directors		-232 189
Company Contributions To Money Purchase Plans Directors	2 484	2 532
Director Remuneration	129 800	131 130

Company staff

Nicholas H.

Role: Director

Appointed: 10 March 2021

Latest update: 4 December 2023

Joshua H.

Role: Director

Appointed: 10 March 2021

Latest update: 4 December 2023

Sandra H.

Role: Secretary

Appointed: 10 March 2021

Latest update: 4 December 2023

People with significant control

Executives with significant control over the firm are: Joshua H. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Nicholas H. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Joshua H.

Notified on 27 March 2024

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Nicholas H.

Notified on 10 March 2021

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Sandra H.

Notified on 10 March 2021

Ceased on 27 March 2024

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	23 March 2024
Confirmation statement last made up date	09 March 2023

Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Hubbgroup Holdings Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Nicholas H.

Joshua H.

Sandra H.

People with significant control

Joshua H.

Nicholas H.

Sandra H.

Accounts Documents

Company filings

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