Indestructible Paint Limited in Birmingham, B11 3TA

Description

Data updated on: 01-11-2023

Indestructible Paint started its operations in 1978 as a Private Limited Company registered with number: 01376995. The business has been prospering for 46 years and the present status is active. This company's headquarters is located in Birmingham at 25,pentos Drive. You can also find this business by the area code of B11 3TA. Indestructible Paint Limited was listed twenty seven years from now as Indestructible Paint Company (1978). The enterprise's declared SIC number is 46900: Non-specialised wholesale trade. Sun, 31st Jul 2022 is the last time when account status updates were filed.

Due to the firm's growth, it was unavoidable to appoint extra company leaders: John T., Alan N. and Brian N. who have been working as a team since 2019 to fulfil their statutory duties for the limited company. In order to support the directors in their duties, this limited company has been utilizing the skillset of John T. as a secretary since 2006.

Previous company's names
Indestructible Paint Limited 1997-10-21
Indestructible Paint Company (1978) Limited 1978-07-04

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31
Currency

Balance Sheet
Cash Bank On Hand	1 189 509	1 746 927	1 799 553	1 821 478	1 336 673	1 589 603	1 412 677
Current Assets	2 765 398	3 410 619	3 681 332	4 031 865	3 744 925	3 979 084	4 275 398
Debtors	930 398	1 060 537	1 202 622	1 240 002	1 214 727	1 301 276	1 480 933
Net Assets Liabilities	2 749 798	3 227 155	3 502 168	3 825 486	3 985 715	4 138 707	4 388 357
Other Debtors			47 834	24 407	24 188	26 035	31 295
Property Plant Equipment	1 324 332	1 336 332	1 386 177	1 425 180	1 471 779	1 441 878	1 414 873
Total Inventories	645 491	603 155	679 157	970 385	1 193 525	1 088 205	1 381 788

Other Financial Data
Accrued Liabilities Deferred Income			374 599	350 400	184 788	257 636	207 107
Accumulated Depreciation Impairment Property Plant Equipment	919 813	1 025 382	1 140 256	1 234 114	1 365 460	1 494 492	1 702 457
Average Number Employees During Period	44	41	44	47	50	46	46
Bank Borrowings	351 667	431 667	311 667	291 668	271 668	251 668	231 667
Bank Borrowings Overdrafts			20 000	191 668	171 668	151 668	131 667
Corporation Tax Recoverable			52 777	102 954	180 860	245 535	329 854
Creditors	331 667	326 667	291 667	271 668	251 668	231 668	211 667
Fixed Assets	1 324 337	1 336 337	1 386 182	1 425 185	1 471 784	1 441 883	1 414 878
Future Minimum Lease Payments Under Non-cancellable Operating Leases	14 695	5 554	2 777
Increase From Depreciation Charge For Year Property Plant Equipment		105 569	114 874	93 858	131 346	147 543	207 965
Investments Fixed Assets	5	5	5	5	5	5	5
Investments In Joint Ventures			5	5	5	5	5
Net Current Assets Liabilities	1 760 889	2 223 789	2 421 687	2 692 623	2 795 932	2 937 161	3 234 081
Number Shares Issued Fully Paid		69	69	69	69	69	69
Other Creditors			17 971	44 448	24 384	28 273	57 906
Other Taxation Social Security Payable			78 376	76 182	49 557	45 928	80 347
Par Value Share		1	1	1	1	1	1
Prepayments Accrued Income			22 842	63 153	80 617	88 527	184 042
Property Plant Equipment Gross Cost	2 244 145	2 361 714	2 526 433	2 659 294	2 837 239	2 936 370	3 117 330
Provisions For Liabilities Balance Sheet Subtotal	3 761	6 304	14 034	20 654	30 333	8 669	48 935
Recoverable Value-added Tax			2 194
Total Additions Including From Business Combinations Property Plant Equipment		117 569	164 719	132 861	177 945	117 642	180 960
Total Assets Less Current Liabilities	3 085 226	3 560 126	3 807 869	4 117 808	4 267 716	4 379 044	4 648 959
Trade Creditors Trade Payables			676 611	423 523	285 322	392 622	400 793
Trade Debtors Trade Receivables			1 076 975	1 049 488	929 062	941 179	935 742
Disposals Decrease In Depreciation Impairment Property Plant Equipment						18 511
Disposals Property Plant Equipment						18 511