Ivel Precision Engineering Limited in Hitchin, SG4 0TY

Description

Data updated on: 01-11-2023

Ivel Precision Engineering has been on the market for at least 26 years. Started under company registration number 03497664, the firm is listed as a Private Limited Company. You can contact the headquarters of this firm during office times under the following location: 71 Knowl Piece Wilbury Way, SG4 0TY Hitchin. The firm's SIC and NACE codes are 28990 - Manufacture of other special-purpose machinery n.e.c.. Ivel Precision Engineering Ltd reported its latest accounts for the period up to 2022-01-31. The firm's latest confirmation statement was filed on 2023-01-22.

The data obtained that details this specific firm's management suggests that there are two directors: Darren H. and Terry D. who assumed their respective positions on 2009/11/01 and 1998/01/22. In order to provide support to the directors, this specific limited company has been utilizing the skills of Jason D. as a secretary for the last six years.

Terry D. 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	2012-01-31	2013-01-31	2014-01-31	2015-01-31	2016-01-31	2017-01-31	2018-01-31	2019-01-31	2020-01-31	2021-01-31	2022-01-31	2023-01-31
Currency
Net Worth	43 320	28 728	16 912	-2 132	-33 299

Balance Sheet
Cash Bank In Hand	37 840	27 642	27 704	27 513	16 745
Cash Bank On Hand					16 745	7 115	2 039	21 008	19 166	38 719	27 778	25 211
Current Assets	123 394	91 819	118 818	124 752	172 237	226 120	205 818	204 652	219 051	253 966	270 653	324 330
Debtors	83 804	61 302	85 614	89 939	142 992	199 505	132 579	110 644	118 585	133 947	161 575	217 819
Net Assets Liabilities					-33 299	1 010	24 813	18 128	20 106	20 812	24 864	82 142
Net Assets Liabilities Including Pension Asset Liability	43 320	28 728	16 912	-2 132	-33 299
Property Plant Equipment					14 748	8 387	30 604	23 660	18 073	15 141	10 628
Stocks Inventory	1 750	2 875	5 500	7 300	12 500
Tangible Fixed Assets	14 429	10 789	30 219	21 377	14 748
Total Inventories					12 500	19 500	71 200	73 000	81 300	81 300	81 300	81 300
Other Debtors								27 169	21 262

Capital & Reserves
Called Up Share Capital	750	750	750	750	750
Profit Loss Account Reserve	42 320	27 728	15 912	-3 132	-34 299
Shareholder Funds	43 320	28 728	16 912	-2 132	-33 299

Other Financial Data
Amount Specific Advance Or Credit Directors				1 241	325	995	636	957		609
Amount Specific Advance Or Credit Made In Period Directors					2 700	1 320	670	970	957	723
Amount Specific Advance Or Credit Repaid In Period Directors					1 784		2 301	1 291		114
Accrued Liabilities									3 158	3 282	3 262	3 366
Accumulated Depreciation Impairment Property Plant Equipment					91 395	81 336	66 208	74 613	24 157	29 523	34 036	2 630
Average Number Employees During Period						10	9	10	7	9	8	8
Bank Borrowings								24 169	20 087	65 545	55 603	40 486
Bank Borrowings Overdrafts								20 347	15 905	17 798	15 211	14 822
Bank Overdrafts						246	515			8 849
Capital Redemption Reserve	250	250	250	250	250
Corporation Tax Payable										1 418	3 226	3 616
Creditors					10 834	1 715	20 262	33 066	15 905	56 596	40 392	239 849
Creditors Due After One Year	7 200	3 600	14 072	15 506	10 834
Creditors Due Within One Year	84 575	68 490	112 009	128 479	206 500
Disposals Decrease In Depreciation Impairment Property Plant Equipment						18 549	20 933		56 745			29 638
Disposals Property Plant Equipment						18 549	25 053		56 751			38 937
Finance Lease Liabilities Present Value Total								12 719	12 719	4 694		20 436
Increase Decrease In Property Plant Equipment												38 500
Increase From Depreciation Charge For Year Property Plant Equipment						8 490	5 805	8 405	6 289	5 366	4 513	6 417
Net Current Assets Liabilities	38 819	23 329	6 809	-3 727	-34 263	-5 258	16 155	29 218	21 373	65 144	56 647	84 481
Number Shares Allotted		750	750	750	750
Number Shares Issued Fully Paid									750	750	750	750
Other Taxation Social Security Payable								35 034	56 804	3 293	14 152	7 610
Par Value Share		1	1	1	1				1	1	1	1
Property Plant Equipment Gross Cost					106 143	89 723	96 812	98 273	42 230	44 664	1 124	38 500
Provisions For Liabilities Balance Sheet Subtotal					2 950	404	1 684	1 684	3 435	2 877	2 019	16 201
Provisions For Liabilities Charges	2 728	1 790	6 044	4 276	2 950
Secured Debts	10 800	7 200	20 755	20 177	15 505
Share Capital Allotted Called Up Paid	750	750	750	750	750
Tangible Fixed Assets Additions		2 800	35 462	10 124	1 123
Tangible Fixed Assets Cost Or Valuation	81 227	81 532	112 856	105 020	106 143
Tangible Fixed Assets Depreciation	66 798	70 743	82 637	83 643	91 395
Tangible Fixed Assets Depreciation Charged In Period		5 037	14 456	15 211	7 752
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		1 092	2 562	14 205
Tangible Fixed Assets Disposals		2 495	4 138	17 960
Total Additions Including From Business Combinations Property Plant Equipment						2 129	32 142	1 461	708	2 434		126 313
Total Assets Less Current Liabilities	53 248	34 118	37 028	17 650	-19 515	3 129	46 759	52 878	39 446	80 285	67 275	199 824
Total Borrowings					15 505	11 455	85 731	124 503	108 290	144 768	154 864	133 127
Trade Creditors Trade Payables								39 246	39 223	46 909	41 446	60 163
Trade Debtors Trade Receivables								83 475	74 525	109 564	104 343	160 883
Advances Credits Directors	3 834	248	855	1 241	325
Advances Credits Made In Period Directors		436	4 082	800
Advances Credits Repaid In Period Directors		188	1 103	1 186
Corporation Tax Recoverable									13 992
Other Creditors								89 789	84 750
Prepayments									7 270

Company staff

Jason D.

Role: Secretary

Appointed: 01 September 2018

Latest update: 16 April 2024

Darren H.

Role: Director

Appointed: 01 November 2009

Latest update: 16 April 2024

Role: Corporate Nominee Director

Appointed: 22 January 1998

Resigned: 22 January 1998

Address: London, N1 7JQ

Latest update: 16 April 2024

Waterlow Secretaries Limited

Role: Corporate Nominee Secretary

Appointed: 22 January 1998

Resigned: 22 January 1998

Address: London, N1 7JQ

Latest update: 16 April 2024

Lynda W.

Role: Secretary

Appointed: 22 January 1998

Resigned: 26 October 2009

Latest update: 16 April 2024

People with significant control

Terry D.

Notified on 1 December 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 January 2024
Account last made up date	31 January 2022
Confirmation statement next due date	05 February 2024
Confirmation statement last made up date	22 January 2023

Annual Accounts 3rd October 2014
Start Date For Period Covered By Report	01 February 2013
End Date For Period Covered By Report	31 January 2014
Date Approval Accounts	3rd October 2014
Annual Accounts 13th October 2015
Start Date For Period Covered By Report	01 February 2014
End Date For Period Covered By Report	31 January 2015
Date Approval Accounts	13th October 2015
Annual Accounts 23rd August 2016
Start Date For Period Covered By Report	01 February 2015
End Date For Period Covered By Report	31 January 2016
Date Approval Accounts	23rd August 2016
Annual Accounts
Start Date For Period Covered By Report	01 February 2016
End Date For Period Covered By Report	31 January 2017
Annual Accounts
Start Date For Period Covered By Report	01 February 2017
End Date For Period Covered By Report	31 January 2018
Annual Accounts
Start Date For Period Covered By Report	01 February 2018
End Date For Period Covered By Report	31 January 2019
Annual Accounts
Start Date For Period Covered By Report	01 February 2019
End Date For Period Covered By Report	31 January 2020
Annual Accounts
Start Date For Period Covered By Report	01 February 2020
End Date For Period Covered By Report	31 January 2021
Annual Accounts
Start Date For Period Covered By Report	01 February 2021
End Date For Period Covered By Report	31 January 2022
Annual Accounts
Start Date For Period Covered By Report	01 February 2022
End Date For Period Covered By Report	31 January 2023
Annual Accounts 28 October 2013
End Date For Period Covered By Report	31 January 2013
Date Approval Accounts	28 October 2013

Ivel Precision Engineering Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Jason D.

Darren H.

Terry D.

Terry D.

Barry H.

David M.

Lynda W.

Waterlow Nominees Limited

Waterlow Secretaries Limited

Lynda W.

People with significant control

Terry D.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2013

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HQ address, 2014

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HQ address, 2015

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HQ address, 2016

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