Island Forklifts Limited in Dargan Crescent, BT3

Description

Data updated on: 01-11-2023

Island Forklifts started its business in the year 1983 as a Private Limited Company with reg. no. NI016670. This particular company has been active for fourty one years and the present status is active. The firm's headquarters is located in Dargan Crescent at Unit D. Anyone could also locate this business utilizing its area code of BT3. The enterprise's registered with SIC code 49410: Freight transport by road. 2022-05-31 is the last time the company accounts were filed.

Island Forklifts Ltd is a medium-sized transport company with the licence number ON1115131. The firm has one transport operating centre in the country. In their subsidiary in Antrim on Dargan Court, 6 machines and 6 trailers are available.

Tammy M. and David M. are listed as company's directors and have been managing the firm since 2020-10-01.

David M. is the individual who has control over this firm, owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency

Balance Sheet
Cash Bank On Hand	704 652	887 391	1 023 708	1 436 699	1 552 658	1 752 537	2 348 284
Current Assets	1 244 552	1 371 748	1 582 137	1 808 271	1 878 180	2 119 698	2 747 395
Debtors	469 209	403 232	388 079	279 144	268 947	280 485	279 935
Net Assets Liabilities	1 819 679	2 153 882	2 413 389	2 687 013	2 937 876	3 129 283	3 382 870
Other Debtors	77 426	122 922	100 454	44 993	27 988	20 132	21 275
Property Plant Equipment	862 592	866 077	976 693	963 986	1 221 857	1 214 575
Total Inventories	70 691	81 125	170 350	92 428	56 575	86 676	119 176

Other Financial Data
Amount Specific Advance Or Credit Directors	5 397	31 815	33 005	61 701	78 032	90 554	121 491
Amount Specific Advance Or Credit Made In Period Directors		19 128	43 810	33 005	73 669	77 478	59 063
Amount Specific Advance Or Credit Repaid In Period Directors		45 546	45 000	160 615	90 000	90 000	90 000
Accumulated Depreciation Impairment Property Plant Equipment	1 692 098	1 798 462	1 964 590	2 094 554	2 184 710	2 346 510	73 449
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss			42 848	14 353	43 591	62 840	-46 463
Average Number Employees During Period	9	7	8	8	6	7	7
Cash On Hand	308	70	2	2	501	1 251	55
Creditors	28 402	950	310 226	235 676	269 002	248 991	350 551
Disposals Decrease In Depreciation Impairment Property Plant Equipment		143 055	162 255	180 032	237 439	169 914	17 586
Disposals Investment Property Fair Value Model							89 600
Disposals Property Plant Equipment		196 299	223 723	257 958	378 875	293 274	158 153
Finance Lease Liabilities Present Value Total	28 402	950	950
Finished Goods	70 691	81 125	170 350	92 428	56 575	86 676	119 176
Fixed Assets	1 023 191	1 116 276	1 226 892	1 214 185	1 472 056	1 464 774	1 145 761
Increase From Depreciation Charge For Year Property Plant Equipment		249 419	328 383	309 996	327 595	331 714	342 211
Investment Property	160 599	250 199	250 199	250 199	250 199	250 199	160 599
Investment Property Fair Value Model	160 599	250 199	250 199	250 199	250 199	250 199	160 599
Net Current Assets Liabilities	866 718	1 081 122	1 271 911	1 572 595	1 609 178	1 870 707	2 396 844
Number Shares Issued Fully Paid			4 500	4 500	4 500	4 500	4 500
Other Creditors	25 338	62 685	58 630	75 184	100 065	117 396	150 601
Other Taxation Social Security Payable	139 865	106 602	60 713	100 734	34 047	98 707	171 985
Par Value Share			1	1	1	1	1
Prepayments Accrued Income	19 263	17 961	17 787
Property Plant Equipment Gross Cost	2 554 690	2 664 539	2 941 283	3 058 540	3 406 567	3 561 085	343 427
Provisions	41 828	42 566	85 414	99 767	143 358	206 198	159 735
Provisions For Liabilities Balance Sheet Subtotal	41 828	42 566	85 414	99 767	143 358	206 198	159 735
Recoverable Value-added Tax			5 703
Total Additions Including From Business Combinations Property Plant Equipment		306 148	500 467	375 215	726 902	447 792	122 867
Total Assets Less Current Liabilities	1 889 909	2 197 398	2 498 803	2 786 780	3 081 234	3 335 481	3 542 605
Trade Creditors Trade Payables	173 939	93 610	189 933	59 758	134 890	32 888	27 965
Trade Debtors Trade Receivables	372 520	262 349	287 625	234 151	240 959	260 353	258 660
Additional Provisions Increase From New Provisions Recognised		738
Additions Other Than Through Business Combinations Investment Property Fair Value Model		89 600