Initial Fire Systems Limited in Wolverhampton, WV10 7DZ

Description

Data updated on: 01-11-2023

The business is located in Wolverhampton under the following Company Registration No.: 04556054. The firm was set up in the year 2002. The main office of the company is located at 23 Calibre Industrial Park, Laches Close Four Ashes. The area code for this address is WV10 7DZ. The enterprise's SIC code is 84250 and their NACE code stands for Fire service activities. The business latest accounts were submitted for the period up to 2022-12-31 and the most recent annual confirmation statement was submitted on 2023-10-08.

The data obtained that details this specific enterprise's personnel implies there are two directors: Keith B. and Edwin B. who were appointed to their positions on Friday 21st May 2004 and Tuesday 8th October 2002. Additionally, the director's tasks are often aided with by a secretary - Edwin B., who was officially appointed by the following business in October 2002.

Edwin B. is the individual with significant control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

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	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	17 799	27 703	41 192	61 488	77 278

Balance Sheet
Cash Bank In Hand	15 762	39 713	55 917	56 733	126 944
Cash Bank On Hand					126 944	105 363	99 214	116 052	77 507	177 792	162 647	142 505
Current Assets	65 313	77 513	87 592	96 117	169 516	157 126	185 230	217 468	299 633	394 204	455 446	479 025
Debtors	39 320	29 050	23 150	31 059	34 097	42 238	74 766	84 391	199 776	195 337	265 674	301 520
Net Assets Liabilities					77 278	121 637	163 476	197 011	244 942	301 870	356 283	412 794
Net Assets Liabilities Including Pension Asset Liability	17 799	27 703	41 192	61 488	77 278
Other Debtors					872	1 913	34 441	13 566	46 950	37 236	85 999	121 845
Property Plant Equipment					230 253	278 048	271 533	261 220	275 409	323 791	308 056	312 332
Stocks Inventory	10 231	8 750	8 525	8 325	8 475
Tangible Fixed Assets	36 249	33 307	31 553	209 348	230 254
Total Inventories					8 475	9 525	11 250	17 025	22 350	21 075	27 125	35 000

Capital & Reserves
Called Up Share Capital	2	2	2	2	2
Profit Loss Account Reserve	17 797	27 701	41 190	61 486	77 276
Shareholder Funds	17 799	27 703	41 192	61 488	77 278

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					30 959	48 560	71 073	81 043	84 191	50 165	82 128	96 992
Average Number Employees During Period					14	15	16	15	15	15	16	17
Bank Borrowings Overdrafts					112 321	103 667	98 664	93 661	88 700	135 663	122 703	106 212
Creditors					226 293	221 897	205 793	195 926	195 050	258 383	236 826	216 950
Creditors Due After One Year	64 917	58 207	43 493	187 467	226 293
Creditors Due Within One Year	18 846	23 585	33 287	55 576	92 755
Disposals Decrease In Depreciation Impairment Property Plant Equipment						7 264		12 031	10 119	57 205		19 273
Disposals Property Plant Equipment						9 371		17 600	17 503	79 913		30 452
Finance Lease Liabilities Present Value Total					12 645	30 557	16 301	15 960	24 463	34 987	19 074	13 419
Future Minimum Lease Payments Under Non-cancellable Operating Leases					7 020	8 656
Increase Decrease In Property Plant Equipment						70 288	15 998	17 257	34 840	92 119	12 875	48 129
Increase From Depreciation Charge For Year Property Plant Equipment						24 865	22 513	22 001	13 267	23 179	31 963	34 137
Net Current Assets Liabilities	46 467	53 928	54 305	40 541	76 762	80 092	108 089	138 928	178 120	252 601	295 993	337 977
Number Shares Allotted		2	2	2	2
Number Shares Issued Fully Paid								2	2	2	2	2
Other Creditors					101 327	87 673	90 828	86 305	81 887	87 733	95 049	97 319
Other Taxation Social Security Payable					40 861	19 391	24 251	24 846	25 680	30 465	47 742	28 939
Par Value Share		1	1	1	1			1	1	1	1	1
Property Plant Equipment Gross Cost					261 212	326 608	342 606	342 263	359 600	373 956	390 184	409 324
Provisions For Liabilities Balance Sheet Subtotal					3 444	14 606	10 353	7 211	13 537	16 139	10 940	20 565
Provisions For Liabilities Charges		1 325	1 173	934	3 444
Share Capital Allotted Called Up Paid	2	2	2	2	2
Tangible Fixed Assets Additions			778	179 827	29 980
Tangible Fixed Assets Cost Or Valuation	50 627	50 627	51 405	231 232	261 212
Tangible Fixed Assets Depreciation	14 378	17 320	19 852	21 884	30 958
Tangible Fixed Assets Depreciation Charged In Period		2 942	2 532	2 032	9 074
Total Additions Including From Business Combinations Property Plant Equipment						74 767	15 998	17 257	34 840	94 269	16 228	49 592
Total Assets Less Current Liabilities	82 716	87 235	85 858	249 889	307 015	358 140	379 622	400 148	453 529	576 392	604 049	650 309
Trade Creditors Trade Payables					10 495	10 451	10 451	10 449	50 451	50 528	52 934	3 937
Trade Debtors Trade Receivables					33 225	40 325	40 325	70 825	152 826	158 101	179 675	179 675