Induction Technology Group Limited in Coventry, CV3 4FJ

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www.inductiontechnologygroup.co.uk

Description

Data updated on: 01-11-2023

Induction Technology Group came into being in 1987 as a company enlisted under no 02092347, located at CV3 4FJ Coventry at Plot 6. It has been in business for 37 years and its last known state is active. The enterprise's classified under the NACE and SIC code 32990 and their NACE code stands for Other manufacturing n.e.c.. Sat, 30th Apr 2022 is the last time company accounts were filed.

Regarding to the firm, a number of director's tasks have so far been carried out by James W., Iain M., Jason M. and 3 remaining, listed below. When it comes to these six executives, Jonathan D. has administered firm for the longest time, having been one of the many members of directors' team since 1991.

The companies with significant control over this firm are: Drvn Automotive Ltd and has over 1/2 to 3/4 of voting rights. This business can be reached in Perth at Tweed Place, PH1 1TJ and was registered as a PSC under the reg no Sc652849.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2022-04-30
Currency
Net Worth	147 624	199 640	130 988	173 817	203 649

Balance Sheet
Cash Bank On Hand					8 812	65 791	75 059	41 595	54 222	171 417	68 606
Current Assets	293 698	493 547	275 290	332 557	318 250	482 230	488 066	507 794	567 010	686 377	1 159 905
Debtors	99 298	273 940	114 809	162 259	102 097	179 946	165 699	175 356	228 765	237 925	742 968
Net Assets Liabilities					203 649	269 712	368 084	467 691	508 138	677 353	930 476
Other Debtors									51 531	64 391	435 869
Property Plant Equipment					252 281	256 999	219 888	211 310	161 072	157 977	114 031
Total Inventories					179 846	202 632	206 076	256 872	233 498	277 035	348 331
Cash Bank In Hand	80 480	55 948	6 379	4 086	8 812
Net Assets Liabilities Including Pension Asset Liability	147 624	199 640	130 988	173 817	203 649
Stocks Inventory	113 920	163 659	154 102	166 212	179 846
Tangible Fixed Assets	10 951	45 243	227 130	284 920	252 281

Capital & Reserves
Called Up Share Capital	184 944	184 944	184 944	184 944	184 944
Profit Loss Account Reserve	-37 320	14 696	-53 956	-11 127	18 705
Shareholder Funds	147 624	199 640	130 988	173 817	203 649

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					395 674	426 239	476 969	530 895	584 423	644 994	728 470
Average Number Employees During Period						19	22	21	21	22	24
Corporation Tax Recoverable									21 086	7 913
Creditors					216 597	219 251	124 838	29 567	17 381	156 388	335 933
Increase From Depreciation Charge For Year Property Plant Equipment						43 815	50 730	53 926	53 528	60 573	83 476
Net Current Assets Liabilities	195 594	215 601	122 810	179 209	187 530	278 282	295 997	307 804	384 948	529 989	823 972
Other Creditors									44 431	38 788	48 181
Other Taxation Social Security Payable									29 848	41 841	69 297
Property Plant Equipment Gross Cost					647 955	683 238	696 857	742 205	745 495	802 971	842 501
Provisions For Liabilities Balance Sheet Subtotal					15 903	30 841	15 535	15 090	8 132	10 613	7 527
Total Additions Including From Business Combinations Property Plant Equipment						48 533	13 619	45 348	3 290	57 475	50 780
Total Assets Less Current Liabilities	206 545	260 844	349 940	464 129	439 811	535 281	515 885	519 114	546 020	687 966	938 003
Trade Creditors Trade Payables									137 535	75 759	218 455
Trade Debtors Trade Receivables									206 674	173 534	307 099
Accrued Liabilities Not Expressed Within Creditors Subtotal					3 662	15 477	7 428	6 766	12 369
Bank Borrowings					66 133	72 741	48 494	24 247
Creditors Due After One Year	58 921	55 574	191 919	272 941	216 597
Creditors Due Within One Year	98 104	277 946	152 480	153 348	134 382
Disposals Decrease In Depreciation Impairment Property Plant Equipment						13 250
Disposals Property Plant Equipment						13 250					11 250
Number Shares Allotted		184 944	184 944	184 944	184 944
Number Shares Issued Fully Paid						184 944	184 944	184 944	184 944		200 000
Par Value Share		1	1	1	1	1	1	1	1		1
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal					27 495	33 861	41 232	33 971	50 525
Provisions For Liabilities Charges		5 630	27 033	17 371	15 903
Secured Debts			120 440	93 850	66 133
Share Capital Allotted Called Up Paid	184 944	184 944	184 944	184 944	184 944
Tangible Fixed Assets Additions		38 065	214 113	90 891	9 467
Tangible Fixed Assets Cost Or Valuation	295 419	333 484	547 597	638 488	647 955
Tangible Fixed Assets Depreciation	284 468	288 241	320 467	353 568	395 674
Tangible Fixed Assets Depreciation Charged In Period		3 773	32 226	33 101	42 106
Nominal Value Shares Issued Specific Share Issue											1

Resigned: 31 January 2023

Latest update: 10 April 2024

Stuart F.

Role: Secretary

Appointed: 23 February 1998

Resigned: 16 August 2006

Latest update: 10 April 2024

Jonathan D.

Role: Secretary

Appointed: 21 December 1991

Resigned: 23 February 1998

Latest update: 10 April 2024

Ilias E.

Role: Director

Appointed: 18 October 1991

Resigned: 23 February 1998

Latest update: 10 April 2024

Kenneth H.

Role: Secretary

Appointed: 18 October 1991

Resigned: 21 December 1991

Latest update: 10 April 2024

People with significant control

Drvn Automotive Ltd

Address: Mcdermott House Tweed Place, Perth, PH1 1TJ, Scotland

Legal authority Limited Liability

Legal form Limited Company

Country registered Scotland

Place registered Scotland Company Register

Registration number Sc652849

Notified on 25 September 2023

Nature of control:

over 1/2 to 3/4 of voting rights

Jonathan D.

Notified on 17 October 2016

Ceased on 25 September 2023

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	31 January 2024
Account last made up date	30 April 2022
Confirmation statement next due date	01 November 2023
Confirmation statement last made up date	18 October 2022

Annual Accounts 24 February 2014
Start Date For Period Covered By Report	01 January 2013
End Date For Period Covered By Report	31 December 2013
Date Approval Accounts	24 February 2014
Annual Accounts 10 September 2015
Start Date For Period Covered By Report	01 January 2014
End Date For Period Covered By Report	31 December 2014
Date Approval Accounts	10 September 2015
Annual Accounts 7 July 2016
Start Date For Period Covered By Report	01 January 2015
End Date For Period Covered By Report	31 December 2015
Date Approval Accounts	7 July 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2017
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	30 April 2022
Annual Accounts 21 May 2013
End Date For Period Covered By Report	31 December 2012
Date Approval Accounts	21 May 2013

Induction Technology Group Limited

General information

Name:

Office Address:

Contact information

Website

www.inductiontechnologygroup.co.uk

Description

Financial data based on annual reports

Company staff

James W.

Iain M.

Jason M.

William M.

Darren M.

Jonathan D.

Stephanie K.

Stuart F.

Jonathan D.

Ilias E.

Kenneth H.

People with significant control

Drvn Automotive Ltd

Jonathan D.

Accounts Documents

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