Industrial Brakes Limited in Wolverhampton, WV2 2LD

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www.industrialbrakes.co.uk

Description

Data updated on: 01-11-2023

The Industrial Brakes Limited firm has been in this business field for at least 40 years, as it's been founded in 1984. Started with Companies House Reg No. 01831530, Industrial Brakes is categorised as a Private Limited Company located in 14-15 Webner Industrial Estate, Wolverhampton WV2 2LD. The enterprise's SIC code is 32990 which stands for Other manufacturing n.e.c.. 2022-09-30 is the last time the accounts were reported.

Having five recruitment announcements since 11th February 2015, the company has been relatively active on the labour market. On 16th May 2018, it started recruiting new employees for a full time lathe operator (conventional) position in Wolverhampton, and on 11th February 2015, for the vacant position of a full time steel fabricator in Wolverhampton. They hire candidates on such positions as for instance: work shop operative / bonder, Work Shop Operative and Brake & Clutch Reliner.

At the moment, the directors registered by this specific business are as follow: David H. appointed in 2010 in April, Andrew P. appointed 14 years ago, Boyd H. appointed on July 17, 1991 and Susan H.. Furthermore, the director's duties are often helped with by a secretary - Boyd H..

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	705 168	704 403	717 857	791 498	820 006	886 134

Balance Sheet
Cash Bank In Hand	150 938	172 651	146 522	72 454	85 197	53 953
Cash Bank On Hand						53 953	221 050	120 197	148 341	190 661	220 442	95 184	71 786
Current Assets	736 531	729 402	771 074	794 814	895 873	939 846	1 082 385	1 127 443	1 092 221	1 190 882	1 285 112	1 268 823	1 052 551
Debtors	298 717	225 733	246 307	308 264	312 649	341 968	293 012	333 042	220 907	315 442	374 638	259 276	212 231
Net Assets Liabilities						886 134	1 002 402	1 046 887	1 051 831	1 033 130	1 060 160	1 090 832	986 384
Net Assets Liabilities Including Pension Asset Liability	705 168	704 403	717 857	791 498	820 006	886 134
Other Debtors						6 326	7 491	8 187	7 473	5 998	6 337	10 620	28 498
Property Plant Equipment						125 659	117 284	116 025	98 651	54 004	55 435	72 631	95 047
Stocks Inventory	286 876	331 018	378 245	414 096	498 027	543 925
Tangible Fixed Assets	111 759	108 477	107 064	106 138	104 409	125 659
Total Inventories						543 925	568 323	674 204	722 973	684 779	690 032	914 363	768 534

Capital & Reserves
Called Up Share Capital	201	201	201	201	201	201
Profit Loss Account Reserve	704 967	704 202	717 656	791 297	819 805	885 933
Shareholder Funds	705 168	704 403	717 857	791 498	820 006	886 134

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						317 705	340 864	332 356	353 366	317 214	323 491	318 186	346 115
Average Number Employees During Period							26	24	22	22	22	22	19
Bank Borrowings Overdrafts										50 000	40 000	30 000	20 000
Creditors						177 379	194 797	193 357	136 497	50 000	40 000	30 000	20 000
Creditors Due Within One Year	143 122	132 498	160 148	105 927	178 028	177 379
Disposals Decrease In Depreciation Impairment Property Plant Equipment							9 305	40 347	5 155	48 548	7 309	25 275
Disposals Property Plant Equipment							9 608	83 896	8 917	81 780	8 891	28 085
Future Minimum Lease Payments Under Non-cancellable Operating Leases						50 918	50 459	5 250	9 803	74 325	25 945	15 919	18 319
Increase From Depreciation Charge For Year Property Plant Equipment							32 464	31 839	26 165	12 396	13 586	19 970	27 929
Net Current Assets Liabilities	593 409	596 904	610 926	688 887	717 845	762 467	887 588	934 086	955 724	1 030 544	1 047 301	1 055 433	914 303
Number Shares Allotted		100	100	100	100	100
Other Creditors						58 065	68 452	72 119	51 133	70 796	119 661	123 508	71 037
Other Taxation Social Security Payable						70 531	75 045	44 184	34 560	49 819	60 382	27 678	23 458
Par Value Share		1	1	1	1	1
Property Plant Equipment Gross Cost						443 364	458 148	448 381	452 017	371 218	378 926	390 817	441 162
Provisions For Liabilities Balance Sheet Subtotal						1 992	2 470	3 224	2 544	1 418	2 576	7 232	2 966
Provisions For Liabilities Charges		978	133	3 527	2 248	1 992
Share Capital Allotted Called Up Paid	100	100	100	100	100	100
Tangible Fixed Assets Additions		42 920	65 250	41 862	41 418	82 812
Tangible Fixed Assets Cost Or Valuation	405 603	415 358	414 115	409 165	422 083	443 364
Tangible Fixed Assets Depreciation	293 844	306 881	307 051	303 027	317 674	317 705
Tangible Fixed Assets Depreciation Charged In Period		33 571	32 335	31 225	31 124	36 835
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		20 534	32 165	35 249	16 477	36 804
Tangible Fixed Assets Disposals		33 165	66 493	46 812	28 500	61 531
Total Additions Including From Business Combinations Property Plant Equipment							24 392	74 129	12 553	981	16 599	39 976	50 345
Total Assets Less Current Liabilities	705 168	705 381	717 990	795 025	822 254	888 126	1 004 872	1 050 111	1 054 375	1 084 548	1 102 736	1 128 064	1 009 350
Trade Creditors Trade Payables						48 783	51 300	77 054	50 804	39 723	47 768	52 204	33 753
Trade Debtors Trade Receivables						335 642	285 521	324 855	213 434	309 444	368 301	248 656	183 733