H.v.c. Supplies (stourbridge) Limited in Stourbridge, DY8 4EY

Description

Data updated on: 01-11-2023

H.v.c. Supplies (stourbridge) Limited could be found at Jason House 91 - 95 King William Street, Amblecote in Stourbridge. The company's postal code is DY8 4EY. H.v.c. Supplies (stourbridge) has been actively competing on the British market for fifty two years. The company's registration number is 01075200. The company's classified under the NACE and SIC code 25990 and has the NACE code: Manufacture of other fabricated metal products n.e.c.. 2022-12-31 is the last time when the accounts were reported.

With two recruitment announcements since Thursday 12th October 2017, the corporation has been active on the job market. On Friday 1st December 2017, it started recruiting job candidates for a Despatch administrator post in Stourbridge, and on Thursday 12th October 2017, for the vacant post of a Sales Representative in Stourbridge.

According to the data we have, the firm was started in October 1972 and has been managed by nine directors, and out this collection of individuals seven (Patricia N., Holly G., Joseph N. and 4 other directors have been described below) are still in the management. Furthermore, the managing director's assignments are constantly aided with by a secretary - Holly G., who was appointed by this firm in March 2019.

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	6 496 860	6 023 473	4 862 068
Current Assets	11 025 561	11 918 407	11 577 178
Debtors	2 447 231	2 680 398	3 211 195
Net Assets Liabilities	12 265 637	13 419 829	13 164 707
Other Debtors	9 897	42 646	8 500
Property Plant Equipment	2 241 536	2 190 196	2 169 007
Total Inventories	2 081 470	3 214 536	3 503 915

Other Financial Data
Audit Fees Expenses	7 000	7 000	9 100
Accrued Liabilities Deferred Income	35 971	41 780	161 987
Accumulated Depreciation Impairment Property Plant Equipment	1 438 817	1 681 419	1 957 341
Additional Provisions Increase From New Provisions Recognised		7 241	10 540
Additions Other Than Through Business Combinations Property Plant Equipment		228 365	293 504
Administration Support Average Number Employees	19	23	23
Administrative Expenses	2 336 892	2 656 699	2 996 385
Amounts Owed By Group Undertakings			1
Amounts Owed To Directors	431 439	278 314
Applicable Tax Rate	19	19	19
Average Number Employees During Period	123	120	122
Cash Cash Equivalents Cash Flow Value	6 496 860	6 023 473	4 862 068
Commitments For Acquisition Property Plant Equipment		138 500	8 500
Comprehensive Income Expense	1 350 905	2 154 192	1 744 878
Corporation Tax Payable	27 619	112 952	251 544
Cost Sales	6 123 038	7 056 072	9 133 526
Creditors	1 787 351	1 898 784	1 855 676
Current Tax For Period	225 357	489 291	375 205
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	70 681	7 241	10 540
Deferred Tax Liabilities	214 109	221 350	231 890
Depreciation Expense Property Plant Equipment	205 970	269 714	299 660
Depreciation Rate Used For Property Plant Equipment		25	20
Disposals Decrease In Depreciation Impairment Property Plant Equipment		27 112	23 738
Disposals Property Plant Equipment		37 103	38 771
Dividends Paid		1 000 000	2 000 000
Dividends Paid Classified As Financing Activities		1 000 000	2 000 000
Dividends Paid On Shares		1 000 000	2 000 000
Finished Goods	36 057	70 234	38 183
Fixed Assets	3 241 536	3 621 556	3 675 095
Gain Loss In Cash Flows From Change In Accrued Items	9 501	5 809
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	157 038	173 416	-181 700
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	162 001	-233 167	-530 797
Gain Loss In Cash Flows From Change In Inventories	184 626	-1 133 066	-289 379
Gain Loss On Disposals Property Plant Equipment	2 250	-9 241	-6 314
Gain Loss On Revaluation Investment Properties Before Tax In Other Comprehensive Income		100 000
Gross Profit Loss	3 932 198	5 158 969	5 005 599
Income Expense Recognised Directly In Equity		-1 000 000	-2 000 000
Income From Other Fixed Asset Investments	45 675	46 756	70 926
Income Taxes Paid Refund Classified As Operating Activities	399 984	403 958	236 613
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	165 063	-473 387	-1 161 405
Increase Decrease In Net Debt From Cash Flows		320 262
Increase From Depreciation Charge For Year Property Plant Equipment		269 714	299 660
Interest Income On Cash Cash Equivalents	5 962	2	48 967
Interest Received Classified As Operating Activities	5 962	1 698	50 483
Investments	1 000 000	1 431 360	1 506 088
Investments Fixed Assets	1 000 000	1 431 360	1 506 088
Net Cash Flows From Used In Financing Activities	-917 340	-1 153 125	-2 000 000
Net Cash Flows From Used In Investing Activities	-881 442	-558 975	-359 513
Net Cash Flows From Used In Operating Activities	1 963 845	1 238 713	1 198 108
Net Cash Generated From Operations	2 357 867	1 640 973	1 384 238
Net Current Assets Liabilities	9 238 210	10 019 623	9 721 502
Net Debt Funds	-6 065 421	-5 745 159
Net Deferred Tax Liability Asset	78 441	97 441	97 441
Number Shares Issued Fully Paid	2 000	2 000	2 000
Operating Profit Loss	1 595 306	2 502 270	2 009 214
Other Interest Income		1 696
Other Interest Receivable Similar Income Finance Income	5 962	1 698	50 483
Other Investments Other Than Loans	1 000 000	100 000	1 506 088
Other Taxation Social Security Payable	372 311	218 656	241 480
Par Value Share		1	1
Pension Costs Defined Contribution Plan	105 165	146 317	166 183
Pension Other Post-employment Benefit Costs Other Pension Costs	105 165	146 317	166 183
Prepayments Accrued Income	49 588	69 228	64 405
Proceeds From Borrowings Classified As Financing Activities	-917 340	-153 125
Proceeds From Sales Property Plant Equipment	2 250	750	8 719
Production Average Number Employees	97	90	92
Profit Loss	1 350 905	2 054 192	1 744 878
Profit Loss On Ordinary Activities Before Tax	1 646 943	2 550 724	2 130 623
Property Plant Equipment Gross Cost	3 680 353	3 871 615	4 126 348
Provisions	214 109	221 350	231 890
Provisions For Liabilities Balance Sheet Subtotal	214 109	221 350	231 890
Purchase Other Long-term Assets Classified As Investing Activities		331 360
Purchase Property Plant Equipment	883 692	228 365	293 504
Raw Materials	2 029 273	3 117 596	3 406 343
Revenue From Sale Goods	10 055 236	12 215 041	14 139 125
Social Security Costs	325 335	344 295	387 112
Staff Costs Employee Benefits Expense	3 696 780	4 167 135	4 560 949
Tax Expense Credit Applicable Tax Rate	312 919	484 638	404 818
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-30 493	-14 485
Tax Increase Decrease From Effect Capital Allowances Depreciation	13 308	25 878	1 621
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	304	501	1 603
Tax Tax Credit On Profit Or Loss On Ordinary Activities	296 038	496 532	385 745
Total Assets Less Current Liabilities	12 479 746	13 641 179	13 396 597
Trade Creditors Trade Payables	764 020	1 138 213	1 145 546
Trade Debtors Trade Receivables	2 387 746	2 568 524	3 138 289
Turnover Revenue	10 055 236	12 215 041	14 139 125
Wages Salaries	3 266 280	3 676 523	4 007 654
Work In Progress	16 140	26 706	59 389
Company Contributions To Money Purchase Plans Directors	49 292	85 901	95 056
Director Remuneration	737 816	736 228	738 124
Director Remuneration Benefits Excluding Payments To Third Parties	787 108	822 129	833 180
Number Directors Accruing Benefits Under Money Purchase Scheme	4	4	4