Hytech Glass Limited in Bolton, BL1 4QR

Description

Data updated on: 01-11-2023

Hytech Glass Limited has been prospering in the UK for at least thirty four years. Registered under the number 02495641 in the year 1990, it have office at Cowgill Holloway Business Recovery Llp, Bolton BL1 4QR. This enterprise's declared SIC number is 43342 meaning Glazing. Hytech Glass Ltd released its account information for the financial year up to 2022-02-28. The business latest annual confirmation statement was released on 2023-05-24.

Having 15 recruitment advert since 2014/08/27, the corporation has been one of the most active ones on the labour market. Recently, it was recruiting new employees in Liverpool. They employ applicants on such positions as: Office Clerk, Line Operator- Glazing Industry and Double Glazing Gunner / Sealer.

From the information we have gathered, the following firm was started in 1990-04-25 and has so far been presided over by five directors, and out of them two (Amanda C. and Peter W.) are still listed as current directors. Furthermore, the managing director's responsibilities are regularly supported by a secretary - Peter W., who joined this specific firm on 2007-10-31.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-02-29	2013-02-28	2014-02-28	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	8 777	72 475	85 850	61 641	127 275

Balance Sheet
Cash Bank In Hand	10 886	19 408	10 871	7 284	2 944
Cash Bank On Hand					2 944	7 019	12 148	31 367	14 965	33 545	8 387
Current Assets	300 210	366 843	369 278	392 129	349 354	368 674	333 435	396 752	461 869	518 259	621 322
Debtors	242 856	310 066	318 383	341 821	313 237	333 536	288 568	327 994	416 301	452 337	556 953
Net Assets Liabilities					127 275	135 533	83 663	-162 980	-314 053	-343 656	-555 137
Net Assets Liabilities Including Pension Asset Liability	8 777	72 475	85 850	61 641	127 275
Other Debtors					13 997	12 891	12 925	9 969	56 289	11 104	49 027
Property Plant Equipment					377 144	329 384	299 188	207 029	185 538	208 849	207 865
Stocks Inventory	46 468	37 369	40 024	43 024	33 173
Tangible Fixed Assets	167 581	152 937	385 103	418 758	377 144
Total Inventories					33 173	28 119	32 719	37 391	30 603	32 377	55 982

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	7 777	71 475	84 850	60 641	126 275
Shareholder Funds	8 777	72 475	85 850	61 641	127 275

Other Financial Data
Amount Specific Advance Or Credit Directors					3 871	2 499	482				26 736
Amount Specific Advance Or Credit Made In Period Directors					5 019	68					39 736
Amount Specific Advance Or Credit Repaid In Period Directors					1 148	1 440	2 017	482			13 000
Accumulated Depreciation Impairment Property Plant Equipment					499 258	556 498	625 121	491 918	528 245	587 675	622 869
Amounts Owed By Group Undertakings					21 543	8 815	7 265
Amounts Owed To Group Undertakings								32 679	30 412	50 260	50 971
Average Number Employees During Period						39	40	37	34	36	44
Creditors					148 720	102 073	61 884	168 469	147 361	135 770	80 184
Creditors Due After One Year	1 992	14 089	170 401	188 605	148 720
Creditors Due Within One Year	451 945	417 438	456 649	520 837	394 512
Disposals Decrease In Depreciation Impairment Property Plant Equipment						18 520	6 092	229 992	23 768		27 725
Disposals Property Plant Equipment						18 520	6 300	329 992	23 768		33 120
Finance Lease Liabilities Present Value Total					86 761	49 144	17 985	93 714	90 842	20 370	24 805
Finance Lease Payments Owing Minimum Gross					148 241	61 300	77 764	31 272	31 272	31 272	31 272
Future Finance Charges On Finance Leases					11 041	6 239	3 326	19 771	15 337	10 902	6 467
Future Minimum Lease Payments Under Non-cancellable Operating Leases					46 000	46 000	46 000	46 000	34 500
Increase Decrease In Property Plant Equipment						28 000	30 500	100 000	32 400		35 915
Increase From Depreciation Charge For Year Property Plant Equipment						75 760	74 715	96 789	60 095	59 430	62 919
Net Current Assets Liabilities	-151 735	-50 595	-87 371	-128 708	-45 158	-35 333	-113 963	-201 540	-352 230	-416 735	-682 818
Number Shares Allotted		1 000	1 000	1 000	1 000
Other Creditors					61 959	52 929	43 899	74 755	56 519	35 773	14 315
Other Taxation Social Security Payable					35 484	32 882	34 254	49 540	50 606	225 970	295 655
Par Value Share		1	1	1	1
Property Plant Equipment Gross Cost					876 402	885 882	924 309	698 947	713 783	796 524	830 734
Provisions For Liabilities Balance Sheet Subtotal					55 991	56 445	39 678
Provisions For Liabilities Charges	5 077	15 778	41 481	39 804	55 991
Secured Debts	16 654	23 910	141 176	183 004	171 048
Share Capital Allotted Called Up Paid	1 000	1 000	1 000	1 000	1 000
Tangible Fixed Assets Additions		37 482	288 055	112 277	34 029
Tangible Fixed Assets Cost Or Valuation	416 159	453 641	741 696	853 973	876 402
Tangible Fixed Assets Depreciation	248 578	300 704	356 593	435 215	499 258
Tangible Fixed Assets Depreciation Charged In Period		52 126	55 889	78 622	70 444
Tangible Fixed Assets Depreciation Decrease Increase On Disposals					6 401
Tangible Fixed Assets Disposals					11 600
Total Additions Including From Business Combinations Property Plant Equipment						28 000	44 727	104 630	38 604	82 741	67 330
Total Assets Less Current Liabilities	15 846	102 342	297 732	290 050	331 986	294 051	185 225	5 489	-166 692	-207 886	-474 953
Total Borrowings					171 048	211 902	255 853	323 066	397 231	288 722	341 378
Trade Creditors Trade Payables					127 989	141 094	130 257	164 632	232 397	293 259	499 121
Trade Debtors Trade Receivables					277 697	311 830	268 378	318 025	360 012	441 233	507 926
Advances Credits Directors	2 638	1 695	539		3 871
Advances Credits Made In Period Directors	38	277	44
Advances Credits Repaid In Period Directors	1 200	1 220	1 200	539
Bank Borrowings Overdrafts										40 602	33 400
Increase Decrease Due To Transfers Between Classes Property Plant Equipment									21 933	21 350
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment									28 000	30 500