Humax Electronics Co. Ltd in Belfast, BT2 8LA

Description

Data updated on: 01-11-2023

Humax Electronics came into being in 1997 as a company enlisted under no NI032153, located at BT2 8LA Belfast at Forsyth House. The firm has been in business for twenty seven years and its official status is active. This firm's Standard Industrial Classification Code is 96090: Other service activities not elsewhere classified. The company's most recent accounts provide detailed information about the period up to Sat, 31st Dec 2022 and the most current confirmation statement was filed on Sat, 25th Mar 2023.

Our information related to the following enterprise's MDs suggests a leadership of two directors: Nam K. and Michael M. who assumed their respective positions on 2013-10-25 and 2011-04-11. In order to find professional help with legal documentation, this specific limited company has been utilizing the expertise of Jung K. as a secretary since the appointment on 2023-02-10.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	932 572	362 877
Current Assets	14 856 593	20 304 115
Debtors	12 732 172	17 270 081
Net Assets Liabilities	1 131 623	1 593 312
Other Debtors	297 962	142 296
Property Plant Equipment	21 958	19 473
Total Inventories	1 191 849	2 671 157

Other Financial Data
Accrued Liabilities Deferred Income	1 304 085	1 971 624
Accumulated Depreciation Impairment Property Plant Equipment	499 909	503 289
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		-121
Administrative Expenses	2 511 845	1 788 180
Amounts Owed By Group Undertakings	170 883	215 572
Amounts Owed To Group Undertakings	8 653 295	14 496 917
Applicable Tax Rate	19	19
Average Number Employees During Period	15	13
Comprehensive Income Expense	40 885	461 689
Corporation Tax Payable		30 302
Cost Sales	39 147 452	50 948 246
Creditors	13 912 098	18 877 143
Current Tax For Period	5 371	110 708
Depreciation Expense Property Plant Equipment	7 670	3 380
Distribution Costs	45 566	55 964
Finished Goods	1 191 849	2 671 157
Fixed Assets	190 382	169 473
Further Operating Expense Item Component Total Operating Expenses	29 065	26 086
Future Minimum Lease Payments Under Non-cancellable Operating Leases	74 790	91 770
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-332 296	3 926
Gross Profit Loss	2 569 489	2 401 481
Increase Decrease In Current Tax From Adjustment For Prior Periods	3 203
Increase From Depreciation Charge For Year Property Plant Equipment		3 380
Interest Expense On Bank Overdrafts	15 627	7 482
Interest Payable Similar Charges Finance Costs	15 627	7 482
Investments Fixed Assets	168 424	150 000
Investments In Group Undertakings	168 424	150 000
Net Assets Liabilities Subsidiaries	-813 434	-852 800
Net Current Assets Liabilities	944 495	1 426 972
Number Shares Issued Fully Paid		982 877
Operating Profit Loss	41 076	593 488
Other Creditors		66 192
Other Deferred Tax Expense Credit	13 702	-121
Other Interest Receivable Similar Income Finance Income	34 509	3 564
Other Operating Income Format1	28 998	36 151
Other Taxation Social Security Payable	29 518	30 691
Par Value Share		1
Pension Other Post-employment Benefit Costs Other Pension Costs	29 065	26 086
Percentage Class Share Held In Subsidiary		100
Prepayments Accrued Income	68 885	64 832
Profit Loss	40 885	461 689
Profit Loss On Ordinary Activities Before Tax	59 958	572 276
Profit Loss Subsidiaries	6 035	39 366
Property Plant Equipment Gross Cost	521 867	522 762
Provisions	3 254	3 133
Provisions For Liabilities Balance Sheet Subtotal	3 254	3 133
Social Security Costs	88 900	89 317
Staff Costs Employee Benefits Expense	1 171 937	1 079 944
Tax Decrease Increase From Effect Revenue Exempt From Taxation		7 891
Tax Expense Credit Applicable Tax Rate	11 392	108 732
Tax Increase Decrease From Effect Capital Allowances Depreciation		131
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 018	9 735
Tax Tax Credit On Profit Or Loss On Ordinary Activities	19 073	110 587
Total Additions Including From Business Combinations Property Plant Equipment		895
Total Assets Less Current Liabilities	1 134 877	1 596 445
Total Operating Lease Payments	161 975	126 417
Trade Creditors Trade Payables	52 376	190 658
Trade Debtors Trade Receivables	12 194 442	16 847 381
Turnover Revenue	41 716 941	53 349 727
Wages Salaries	1 053 972	964 541