Industrial Paint And Powder Limited in Charing Cross, G3 7UL

Description

Data updated on: 01-11-2023

The company is known under the name of Industrial Paint And Powder Limited. This firm first started 64 years ago and was registered under SC035352 as the registration number. The office of the firm is based in Charing Cross. You can reach them at Paxton House, 11 Woodside Crescent. This firm's registered with SIC code 46900 - Non-specialised wholesale trade. 2022-08-31 is the last time when the company accounts were filed.

The company has a single managing director now overseeing this specific business, specifically Robin L. who has been performing the director's obligations since 1960-06-06. Since November 2016 Victoria L., had performed the duties for this business up until the resignation on 2018-10-09. In addition a different director, including James L. gave up the position on 2004-11-04.

Robin L. is the individual with significant control over this firm, owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-08-31	2014-08-31	2015-08-31	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31
Currency
Net Worth	39 114	30 690	10 256	695

Balance Sheet
Cash Bank In Hand	67 307	69 858	69 015	43 634
Cash Bank On Hand				43 634	30 851	17 807	23 294	55 722	136 543	92 250	71 036
Current Assets	206 754	230 996	196 704	146 762	190 579	343 509	215 665	243 026	343 641	354 978	281 558
Debtors	138 847	160 538	127 089	103 128	159 728	325 702	192 371	187 304	207 098	262 728	210 522
Net Assets Liabilities							5 227	913	9 239	3 320	421
Net Assets Liabilities Including Pension Asset Liability	39 114	30 690	10 256	695
Other Debtors											330
Property Plant Equipment				35 340	22 710	21 493	20 455	19 637	35 947	31 780
Stocks Inventory	600	600	600
Tangible Fixed Assets	49 705	34 810	40 825	35 340

Capital & Reserves
Called Up Share Capital	10	10	10	10
Profit Loss Account Reserve	39 014	30 590	10 156	595
Shareholder Funds	39 114	30 690	10 256	695

Other Financial Data
Amount Specific Advance Or Credit Directors			2 465	9 703	33 668	151 878	56 516	49 926	61 325	83 829	80 031
Amount Specific Advance Or Credit Made In Period Directors				132 984	52 001	136 356	111 411	90 041	111 310	120 074	49 714
Amount Specific Advance Or Credit Repaid In Period Directors				120 816	52 001	18 146	206 773	96 631	99 911	97 570	53 512
Accrued Liabilities				3 340	3 507	3 790	4 170
Accumulated Depreciation Impairment Property Plant Equipment				58 565	34 907	36 124	37 162	38 095	44 552	49 681	53 659
Average Number Employees During Period					2	3	2	1	1	1	1
Bank Borrowings Overdrafts								10 000	10 000	10 000	7 500
Capital Redemption Reserve	90	90	90	90
Corporation Tax Payable				31 402	47 204	45 505	36 796	43 047	45 939	37 904	33 043
Creditors				181 407	211 573	254 664	230 893	40 000	47 443	27 500	289 942
Creditors Due After One Year	27 181	20 103	14 849
Creditors Due Within One Year	190 164	215 013	212 424	181 407
Disposals Decrease In Depreciation Impairment Property Plant Equipment					25 107
Disposals Property Plant Equipment					36 728
Dividends Paid					100 000
Finance Lease Liabilities Present Value Total				14 849					4 114	9 760	1 497
Future Minimum Lease Payments Under Non-cancellable Operating Leases					6 600	6 600	6 600	3 936
Increase From Depreciation Charge For Year Property Plant Equipment					1 449	1 217	1 038	933	6 457	5 129	3 978
Net Current Assets Liabilities	16 590	15 983	-15 720	-34 645	-20 994	88 845	-15 228	21 276	20 735	-960	-8 384
Number Shares Allotted		10	10	10
Number Shares Issued Fully Paid					10	10	10	10	10	4	6
Other Creditors				769	770	397	599			375	213
Other Taxation Social Security Payable				223	93	197	73	217	122	450	229
Par Value Share		1	1	1	1	1	1	1	1	1	1
Profit Loss					101 021
Property Plant Equipment Gross Cost				93 905	57 617	57 617	57 617	57 732	80 499	81 461
Recoverable Value-added Tax									1 372	2 230
Secured Debts	36 082	25 357	20 103	14 849
Share Capital Allotted Called Up Paid	10	10	10	10
Tangible Fixed Assets Additions			13 149
Tangible Fixed Assets Cost Or Valuation	97 645	80 756	93 905
Tangible Fixed Assets Depreciation	47 940	45 946	53 080	58 565
Tangible Fixed Assets Depreciation Charged In Period		7 770	7 134	5 485
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		9 764
Tangible Fixed Assets Disposals		16 889
Total Additions Including From Business Combinations Property Plant Equipment					440			115	22 767	962
Total Assets Less Current Liabilities	66 295	50 793	25 105	695	1 716	110 338	5 227	40 913	56 682	30 820	19 418
Trade Creditors Trade Payables				124 294	154 792	204 400	187 632	154 148	262 731	297 449	241 681
Trade Debtors Trade Receivables				90 273	115 118	162 882	124 913	126 436	129 753	154 426	106 918
Advances Credits Directors		887	2 465	9 703
Advances Credits Made In Period Directors			135 041
Advances Credits Repaid In Period Directors			136 619