Wedo Group Limited in Brierley Hill, DY5 1XF

Description

Data updated on: 01-11-2023

Registered as 11010601 7 years ago, Wedo Group Limited was set up as a Private Limited Company. The company's current registration address is 1 Hagley Court North The Waterfront, Level Street Brierley Hill. It 's been six years since The firm's registered name is Wedo Group Limited, but until 2018 the name was Koselig and up to that point, up till January 31, 2018 this company was known under the name Hygge Contractors. It means this company used three different names. The firm's declared SIC number is 43220 and has the NACE code: Plumbing, heat and air-conditioning installation. December 31, 2021 is the last time when the company accounts were reported.

Regarding to the following company, a variety of director's duties have been done by Francis O. and Peter H.. Amongst these two managers, Francis O. has supervised company the longest, having been a member of company's Management Board since May 12, 2020.

Previous company's names
Wedo Group Limited 2018-02-21
Koselig Limited 2018-01-31
Hygge Contractors Limited 2017-10-12

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-07-31	2019-07-31	2020-12-31	2021-12-31
Currency

Balance Sheet
Cash Bank On Hand	16 664	20 792	19 228	61 180
Current Assets	30 422	48 894	166 334	102 956
Debtors	13 758	28 102	147 106	41 776
Net Assets Liabilities	-4 548	-38 264	-179 006	-394 772
Other Debtors	782	3 924	9 747
Property Plant Equipment	8 583	14 967	26 007	19 559

Other Financial Data
Director Remuneration				38 542
Accumulated Depreciation Impairment Property Plant Equipment	1 182	6 027	17 008	23 456
Amounts Owed To Group Undertakings	34 175	86 682	342 565	470 190
Average Number Employees During Period	1	2	7	9
Creditors	41 922	99 281	366 437	513 571
Increase From Depreciation Charge For Year Property Plant Equipment	1 182	4 845	10 981	6 449
Net Current Assets Liabilities	-11 500	-50 387	-200 103	-410 615
Other Creditors	1 000	1 492	16 544
Other Taxation Social Security Payable	6 742	8 900
Property Plant Equipment Gross Cost	9 765	20 994	43 015
Provisions For Liabilities Balance Sheet Subtotal	1 631	2 844	4 911	3 716
Total Additions Including From Business Combinations Property Plant Equipment	9 765	11 229	22 021
Total Assets Less Current Liabilities	-2 917	-35 420	-174 096	-391 056
Trade Creditors Trade Payables	5	2 207	37 708	4 365
Trade Debtors Trade Receivables	12 976	24 178	145 367	28 004
Accrued Liabilities Deferred Income			15 746	39 016
Administrative Expenses			328 178	355 650
Applicable Tax Rate			19	19
Cash Cash Equivalents Cash Flow Value			19 228
Cash Receipts From Government Grants			-7 438
Cost Sales			131 983	145 216
Depreciation Amortisation Expense			10 980	6 449
Depreciation Expense Property Plant Equipment			10 980	6 449
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities			-246 893	-127 625
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			20 173	19 509
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			-111 476	105 330
Gross Profit Loss			182 034	138 689
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-1 564	41 952
Interest Expense			18
Interest Paid Classified As Operating Activities			-18
Interest Payable Similar Charges Finance Costs			18
Net Cash Flows From Used In Financing Activities			-246 893	-127 625
Net Cash Flows From Used In Investing Activities			21 972
Net Cash Flows From Used In Operating Activities			226 485	85 673
Net Cash Generated From Operations			226 467	85 673
Net Interest Received Paid Classified As Investing Activities			-49
Number Shares Issued Fully Paid				100
Operating Profit Loss			-138 706	-216 961
Other Deferred Tax Expense Credit			2 067	-1 195
Other Interest Receivable Similar Income Finance Income			49
Other Operating Income Format1			7 438
Par Value Share				1
Pension Other Post-employment Benefit Costs Other Pension Costs			7 162	5 355
Prepayments Accrued Income			5 767	4 124
Profit Loss			-140 742	-215 766
Profit Loss On Ordinary Activities Before Tax			-138 675	-216 961
Provisions			4 911	3 716
Purchase Property Plant Equipment			-22 021
Recoverable Value-added Tax			3 980	9 648
Social Security Costs			17 133	20 626
Staff Costs Employee Benefits Expense			197 090	248 860
Tax Expense Credit Applicable Tax Rate			-26 348	-41 223
Tax Increase Decrease From Effect Capital Allowances Depreciation			-2 098	1 226
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			3
Tax Tax Credit On Profit Or Loss On Ordinary Activities			2 067	-1 195
Turnover Revenue			314 017	283 905
Wages Salaries			172 795	222 879