Iq Glass Solutions Limited in Amersham, HP6 6JQ

Description

Data updated on: 01-11-2023

2010 signifies the beginning of Iq Glass Solutions Limited, the firm located at Sky House, Raans Road, Amersham. That would make 14 years Iq Glass Solutions has existed in this business, as the company was registered on Monday 8th February 2010. The firm Companies House Registration Number is 07150011 and the company area code is HP6 6JQ. This company's SIC code is 25120 which means Manufacture of doors and windows of metal. Iq Glass Solutions Ltd filed its account information for the period that ended on March 31, 2023. The latest confirmation statement was released on March 11, 2023.

Having 30 recruitment advert since 2016/02/11, the firm has been among the most active firms on the employment market. Most recently, it was looking for candidates in Amersham. They look for applicants for such posts as for example: Receptionist/ Sales Support, Telemarketing - Part Time and Accounts Administrator.

Because of the company's constant growth, it was vital to find extra directors, namely: Emma G., Matthew N., Jack J. who have been aiding each other for two years to promote the success of the limited company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-04-30	2012-04-30	2013-04-30	2014-04-30	2018-04-30	2019-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	51 281	33 592	82 193

Balance Sheet
Cash Bank On Hand					6 891 299	3 920 074	5 630 894	6 369 603
Current Assets	695 353	1 462 200	2 654 658	3 282 825	13 690 458	16 176 436	14 753 304	13 621 865
Debtors	526 600	755 827	1 785 628	2 458 946	6 540 191	12 047 682	8 900 715	6 811 396
Net Assets Liabilities					7 475 723	9 965 503	5 882 829	6 898 020
Other Debtors					41 031	288 925	413 081	155 539
Property Plant Equipment					695 582	622 470	640 503	725 179
Total Inventories					258 968	208 680
Cash Bank In Hand	168 753	706 373	817 030	720 151
Intangible Fixed Assets	22 500	20 000	17 500	15 000
Net Assets Liabilities Including Pension Asset Liability	51 281	33 592	82 193	235 087
Stocks Inventory			52 000	103 728
Tangible Fixed Assets	26 333	66 818	167 895	221 239

Capital & Reserves
Called Up Share Capital	100	91	83	83
Profit Loss Account Reserve	51 181	33 492	82 093	234 987
Shareholder Funds	51 281	33 592	82 193

Other Financial Data
Audit Fees Expenses					7 000	7 000	17 775	18 575
Other Assurance Services Fees					7 150	7 395
Accrued Income					172 605	633 739
Accrued Liabilities Deferred Income							7 450 189	5 710 221
Accumulated Amortisation Impairment Intangible Assets					20 000	22 292	25 000	29 458
Accumulated Depreciation Impairment Property Plant Equipment					369 367	475 354	610 445	855 726
Additions Other Than Through Business Combinations Intangible Assets								22 292
Additions Other Than Through Business Combinations Property Plant Equipment						163 142		389 403
Administration Support Average Number Employees					48	50
Administrative Expenses					2 932 404	3 135 556	5 499 386	5 672 280
Amortisation Expense Intangible Assets					2 500	2 292
Amounts Owed By Group Undertakings							4 867 500	4 868 000
Amounts Owed By Related Parties					4 488 548	9 482 671
Amounts Owed To Group Undertakings							322 249	7 807
Amounts Owed To Related Parties					197 014	1 169 714
Applicable Tax Rate					19	19
Average Number Employees During Period							92	91
Balances With Banks					6 384 588	3 912 648
Cash Cash Equivalents					6 891 299	3 920 074
Cash Cash Equivalents Cash Flow Value					4 681 797	6 891 299
Cash On Hand					1 792	1 336
Comprehensive Income Expense					3 632 598	2 786 780
Corporation Tax Payable							320 603	505 393
Cost Inventories Recognised As Expense Net Write Downs Reversals					7 649 561	7 017 216
Cost Sales					10 176 072	9 439 003	16 737 052	13 528 111
Creditors					6 808 317	6 731 611	10 471 941	8 375 986
Current Tax For Period					871 000	740 000	671 521	728 059
Decrease In Loans Owed By Related Parties Due To Loans Repaid					-351 018
Decrease In Loans Owed To Related Parties Due To Loans Repaid					188 465
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws					9 000	-2 500
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences					9 000	-2 500	7 213	16 429
Deferred Tax Liabilities					107 000	104 500
Depreciation Amortisation Expense					147 206	158 614
Depreciation Expense Property Plant Equipment					144 706	156 322
Disposals Decrease In Depreciation Impairment Property Plant Equipment						-50 335
Disposals Property Plant Equipment						-130 267
Dividends Paid					-1 098 000	-297 000	3 654 457	2 463 005
Dividends Paid Classified As Financing Activities					-1 098 000	-297 000
Dividends Paid On Shares Interim							3 654 457	2 463 005
Finished Goods Goods For Resale							221 695	440 866
Fixed Assets	48 833	86 818	185 395	236 239	700 582	625 178	1 679 417	1 746 521
Foreign Exchange Differences Increase Decrease In Depreciation Impairment Property Plant Equipment								8 443
Further Item Deferred Expense Credit Component Total Deferred Tax Expense							2 439
Further Item Interest Expense Component Total Interest Expense							5 538
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss							-195 719
Further Item Tax Increase Decrease Component Adjusting Items							-7 394	2 919
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss							18 428	155 912
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables					631 628	-49 688
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables					-641 444	5 507 491
Gain Loss In Cash Flows From Change In Inventories					32 542	-50 288
Gain Loss On Disposals Property Plant Equipment					-33 646	-4 182
Gain Loss On Financial Assets Fair Value Through Profit Or Loss							38 914	-35 406
Gross Profit Loss					7 447 849	6 657 834
Income From Related Parties					773 649	856 652
Income Taxes Paid Refund Classified As Operating Activities					1 125 701	866 486
Increase Decrease From Foreign Exchange Differences Property Plant Equipment								16 250
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					2 209 502	-2 971 225
Increase Decrease In Current Tax From Adjustment For Prior Periods					34	92	2 439
Increase Decrease In Current Tax From Unrecognised Timing Difference From Prior Period					34	92
Increase Decrease In Existing Provisions						-2 500
Increase From Amortisation Charge For Year Intangible Assets						2 292		4 458
Increase From Depreciation Charge For Year Property Plant Equipment						156 322		279 782
Increase In Loans Owed By Related Parties Due To Loans Advanced					592	4 014 715
Increase In Loans Owed To Related Parties Due To Loans Advanced					83 017	972 700
Intangible Assets					5 000	2 708		17 834
Intangible Assets Gross Cost					25 000	25 000	25 000	47 292
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss					3 207
Interest Income On Bank Deposits					822	1 090		13 878
Interest Paid Classified As Financing Activities					-3 207
Interest Paid Classified As Operating Activities					3 207
Interest Payable Similar Charges Finance Costs					3 635	-52	5 538
Interest Received Classified As Investing Activities					822	2 042
Interest Received Classified As Operating Activities					822	2 042
Investments							1 038 914	1 003 508
Investments Fixed Assets							1 038 914	1 003 508
Key Management Personnel Compensation Short-term Employee Benefits					75 536	93 171
Loans Owed By Related Parties					4 487 956	8 502 671
Loans Owed To Related Parties					197 014	1 169 714
Loss On Financing Activities Due To Foreign Exchange Differences					428	-52
Net Cash Flows From Used In Financing Activities					-1 101 207	-297 000
Net Cash Flows From Used In Investing Activities					-236 733	-85 350
Net Cash Flows From Used In Operating Activities					3 547 442	-2 588 875
Net Cash Generated From Operations					4 673 143	-1 722 389
Net Cash Inflow Outflow From Operations Before Movements In Working Capital					4 695 869	3 685 126
Net Current Assets Liabilities	9 531	-34 854	-95 416	30 848	6 882 141	9 444 825	4 281 363	5 245 879
Nominal Value Allotted Share Capital					106	106
Number Shares Issued Fully Paid					106	106
Operating Profit Loss					4 515 445	3 522 278
Other Creditors					4 604	45 412	75 400	51 464
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment								42 944
Other Disposals Property Plant Equipment								75 696
Other Employee Expense					113 847	87 955
Other Finance Income						952
Other Interest Receivable Similar Income Finance Income					822	2 042		13 878
Other Inventories					258 968	208 680
Other Operating Income Format1							154	281 857
Other Payables Accrued Expenses					5 009 746	4 040 176
Other Taxation Social Security Payable							96 976	113 347
Par Value Share			1	1		1
Payments To Related Parties					2 807 565	2 717 861
Pension Costs Defined Contribution Plan					12 913	14 089
Pension Other Post-employment Benefit Costs Other Pension Costs							67 780	94 144
Prepayments					71 549	130 889
Prepayments Accrued Income							729 898	388 002
Proceeds From Sales Property Plant Equipment					145 465	75 750
Profit Loss					3 632 598	2 786 780	3 086 761	3 478 196
Profit Loss On Ordinary Activities Before Tax					4 512 632	3 524 372	3 687 992	4 222 684
Property Plant Equipment Gross Cost					1 064 949	1 097 824	1 250 948	1 580 905
Provisions					107 000	104 500
Provisions For Liabilities Balance Sheet Subtotal					107 000	104 500
Purchase Property Plant Equipment					-383 020	-163 142
Revenue From Sale Goods					17 623 921	16 096 837
Short-term Deposits Classified As Cash Equivalents					504 919	6 090
Staff Costs Employee Benefits Expense					1 263 401	1 395 743	3 863 312	3 967 860
Taxation Including Deferred Taxation Balance Sheet Subtotal							77 951	94 380
Taxation Social Security Payable					423 370	189 260
Tax Expense Credit Applicable Tax Rate					857 400	669 631	700 718	802 310
Tax Increase Decrease Arising From Group Relief Tax Reconciliation							-30 228	-61 165
Tax Increase Decrease From Effect Capital Allowances Depreciation					-9 292	-2 401	-3 070	-6 458
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					22 985	66 982		6 882
Tax Increase Decrease From Other Short-term Timing Differences					-93	5 788
Tax Tax Credit On Profit Or Loss On Ordinary Activities					880 034	737 592	601 231	744 488
Total Assets Less Current Liabilities	58 364	51 964	89 979	267 087	7 582 723	10 070 003	5 960 780	6 992 400
Total Current Tax Expense Credit							591 579	728 059
Total Deferred Tax Expense Credit							9 652	16 429
Trade Creditors Trade Payables					744 807	984 101	2 206 524	1 987 754
Trade Debtors Trade Receivables					1 766 458	1 511 458	2 890 236	1 399 855
Turnover Revenue					17 623 921	16 096 837
Unpaid Contributions To Pension Schemes					2 443	3 009
Wages Salaries					1 136 641	1 293 699	3 435 067	3 493 048
Company Contributions To Defined Benefit Plans Directors							21 494	46 077
Company Contributions To Money Purchase Plans Directors					132	333
Director Remuneration					75 536	77 425	753 799	786 118
Director Remuneration Benefits Including Payments To Third Parties							775 293	832 195
Capital Redemption Reserve		9	17	17
Creditors Due After One Year		18 372	7 786
Creditors Due Within One Year		1 497 054	2 750 074	3 251 977
Intangible Fixed Assets Aggregate Amortisation Impairment	2 500	5 000	7 500
Intangible Fixed Assets Amortisation Charged In Period		2 500	2 500
Intangible Fixed Assets Cost Or Valuation	25 000	25 000
Number Shares Allotted			83	83
Share Capital Allotted Called Up Paid		91	83
Tangible Fixed Assets Additions		64 585	167 118
Tangible Fixed Assets Cost Or Valuation	35 108	96 893	244 521
Tangible Fixed Assets Depreciation	8 775	30 075	76 626
Tangible Fixed Assets Depreciation Charged In Period			54 000
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			7 449
Tangible Fixed Assets Disposals		-2 800	19 490
Creditors Due After One Year Total Noncurrent Liabilities	7 083	18 372
Creditors Due Within One Year Total Current Liabilities	685 822	1 497 054
Other Aggregate Reserves	0	9
Tangible Fixed Assets Depreciation Charge For Period		22 000
Tangible Fixed Assets Depreciation Disposals		-700
Provisions For Liabilities Charges				32 000
Value Shares Allotted			83	83