Jem Precision Engineering Limited in Taunton, TA3 7BH

Description

Data updated on: 01-11-2023

Jem Precision Engineering began its business in the year 1999 as a Private Limited Company under the ID 03782703. This company has been prospering for 25 years and it's currently active. The company's headquarters is situated in Taunton at Unit 2 The Estate Yard. Anyone can also find the firm using its zip code of TA3 7BH. The company's registered with SIC code 25620 and has the NACE code: Machining. Jem Precision Engineering Ltd released its account information for the financial year up to 2022-06-30. The business most recent confirmation statement was released on 2023-06-04.

In order to be able to match the demands of the clientele, the limited company is constantly being taken care of by a unit of two directors who are Stephen B. and John M.. Their constant collaboration has been of extreme use to this limited company since 1999-06-04.

John M. is the individual who controls this firm, owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency
Net Worth	106 497	64 235	63 358	90 473

Balance Sheet
Cash Bank On Hand					12 205	16 782	73 395	64 697	53 386	59 797
Current Assets	219 887	166 636	180 441	216 044	88 893	95 324	110 404	111 708	81 734	91 540
Debtors	139 409	142 927	142 344	107 785	75 938	77 792	36 259	46 261	25 248	28 543
Net Assets Liabilities					45 685	36 761	51 242	64 696	42 034	47 185
Other Debtors					11 154	876	11 832	9 060	2 929
Property Plant Equipment					24 508	14 759	9 931	6 091	3 241	501
Total Inventories					750	750	750	750	3 100	3 200
Cash Bank In Hand	79 678	22 899	37 347	107 509
Net Assets Liabilities Including Pension Asset Liability	106 497	64 235	63 358	90 473
Stocks Inventory	800	810	750	750
Tangible Fixed Assets	61 129	44 017	46 802	39 515

Capital & Reserves
Called Up Share Capital	200	200	200	200
Profit Loss Account Reserve	106 297	64 035	63 158	90 273
Shareholder Funds	106 497	64 235	63 358	90 473

Other Financial Data
Accrued Liabilities									14 943	14 899
Accrued Liabilities Deferred Income					10 483	11 778	12 900	12 057	14 943
Accumulated Amortisation Impairment Intangible Assets						1	1	1	1	1
Accumulated Depreciation Impairment Property Plant Equipment					236 410	246 160	250 988	252 709	255 558	258 299
Amortisation Rate Used For Intangible Assets						20	20	20	20
Average Number Employees During Period					10	8	7	5	4	4
Corporation Tax Payable							3 894	3 819
Creditors					63 609	71 307	63 681	48 429	42 573	44 856
Depreciation Rate Used For Property Plant Equipment						25	25	25	25
Disposals Decrease In Depreciation Impairment Property Plant Equipment								2 742
Disposals Property Plant Equipment								2 744
Fixed Assets	61 129	44 017	46 802	39 515	24 508	14 759	9 931	6 091	3 241
Increase From Depreciation Charge For Year Property Plant Equipment						9 750	4 828	4 463	2 850	2 741
Intangible Assets Gross Cost					1	1	1	1	1	1
Net Current Assets Liabilities	65 229	28 295	24 061	57 340	25 284	24 017	46 723	59 460	39 160	46 684
Other Creditors									12 090	12 282
Prepayments									562	431
Property Plant Equipment Gross Cost						260 919	260 919	258 800	258 800	258 800
Provisions For Liabilities Balance Sheet Subtotal					4 107	2 015	1 518	855	368
Raw Materials Consumables									750	1 100
Taxation Social Security Payable									10 492	14 729
Total Additions Including From Business Combinations Property Plant Equipment								625
Total Assets Less Current Liabilities	126 358	72 312	70 863	96 855	49 792	38 776	56 654	65 551	42 402	47 185
Trade Creditors Trade Payables					5 924	10 867	1 003	4 110	5 048	2 946
Trade Debtors Trade Receivables					64 784	76 916	24 427	37 201	22 319	28 112
Work In Progress									2 350	2 100
Advances Credits Directors					17 750	19 200	19 200
Advances Credits Made In Period Directors					50	1 400
Advances Credits Repaid In Period Directors					10 950	50
Creditors Due After One Year	10 394	1 537
Creditors Due Within One Year	154 658	138 341	156 380	158 704
Number Shares Allotted		200		200
Par Value Share		1		1
Provisions For Liabilities Charges	9 467	6 540	7 505	6 382
Secured Debts	18 623	10 394
Share Capital Allotted Called Up Paid	200	200	200	200
Tangible Fixed Assets Additions				3 031
Tangible Fixed Assets Cost Or Valuation	227 598	227 598	240 690	242 988
Tangible Fixed Assets Depreciation	166 469	183 581	193 888	203 473
Tangible Fixed Assets Depreciation Charged In Period		17 112		10 317
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				732
Tangible Fixed Assets Disposals				733