Jerseytex Ltd. in Tipton, DY4 0HR

Description

Data updated on: 01-11-2023

The company is situated in Tipton under the ID 02882883. The firm was established in 1993. The headquarters of the company is located at Unit 82 Great Bridge Industrial Estate. The zip code is DY4 0HR. Started as Equalrain Enterprises, the company used the name until February 3, 1994, then it was changed to Jerseytex Ltd.. This business's Standard Industrial Classification Code is 13910 and has the NACE code: Manufacture of knitted and crocheted fabrics. 31st May 2022 is the last time when the accounts were reported.

Jerseytex Ltd is a small-sized vehicle operator with the licence number OD0266380. The firm has one transport operating centre in the country. In their subsidiary in Tipton on Great Bridge Industrial Estate, 6 machines are available.

On 2017-01-30, the corporation was searching for a Experienced Class 2 HGV Driver to fill a full time position in Tipton, Midlands.

Until now, the business has only been guided by a single managing director: Baljinder S. who has been leading it for thirty years. Furthermore, the managing director's assignments are constantly backed by a secretary - Pritpal S., who was chosen by the business on January 5, 1994.

Previous company's names
Jerseytex Ltd. 1994-02-03
Equalrain Enterprises Limited 1993-12-21

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-05-31	2017-05-31	2018-05-31	2019-05-31
Currency

Balance Sheet
Cash Bank On Hand	765 922	426 993	1 166 510	397 406
Current Assets	11 083 635	12 892 630	12 410 751	12 980 322
Debtors	6 236 723	7 585 145	7 495 639	7 923 473
Net Assets Liabilities	5 883 722	6 953 989	8 507 052	9 764 269
Other Debtors	155 415	346 234	173 645	132 564
Property Plant Equipment	1 927 099	2 751 037	3 119 490	3 520 825
Total Inventories	4 080 990	4 880 492	3 748 602	4 659 443

Other Financial Data
Audit Fees Expenses	8 000	8 000	8 000	15 000
Director Remuneration	8 400	12 543	12 049	12 229
Accrued Liabilities Deferred Income	56 282	99 343	77 909	121 955
Accumulated Depreciation Impairment Property Plant Equipment	966 363	1 180 329	1 613 756	2 147 919
Administrative Expenses	2 075 238	2 075 804	2 297 351	2 593 790
Applicable Tax Rate	20	20	19	19
Average Number Employees During Period	66	76	81	84
Bank Borrowings	15 101
Bank Borrowings Overdrafts	1 914	2 098 024	2 097 354	1 153 226
Bank Overdrafts	1 816 229	2 098 024	2 097 354	1 153 226
Capital Commitments		213 748	39 823	114 022
Cash Cash Equivalents Cash Flow Value	-1 050 307	-1 671 031	-930 844	-755 820
Comprehensive Income Expense	1 218 657	1 120 267	1 676 063	1 363 217
Corporation Tax Payable	286 339	218 983	339 666	6 085
Cost Sales	12 290 599	16 089 721	16 595 620	16 648 057
Creditors	547 716	508 529	371 605	580 800
Current Tax For Period	253 134	-64 880	200 187	-121 311
Depreciation Amortisation Expense	348 922	370 290	460 152	590 035
Depreciation Expense Property Plant Equipment	197 374	151 093	198 380	272 293
Disposals Decrease In Depreciation Impairment Property Plant Equipment		156 325	26 725	55 872
Disposals Property Plant Equipment		349 784	37 780	159 502
Dividends Paid	80 000	50 000	123 000	106 000
Dividends Paid Classified As Financing Activities	-80 000	-50 000	-123 000	-106 000
Dividends Paid On Shares	80 000	50 000	123 000	106 000
Dividends Paid On Shares Interim	20 000	20 000	20 000	20 000
Finance Lease Liabilities Present Value Total	545 802	508 529	371 605	525 090
Further Item Cash Flow From Used In Operating Activities Component Total Net Cash Flows From Used In Operating Activities		-251 863
Further Item Interest Expense Component Total Interest Expense	681	1 607	20 771	16 745
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-8 964	75 468	14 912	-77 960
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	635 036	1 273 424	-1 740 084	626 870
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-241 481	-1 348 421	89 505	-427 834
Gain Loss On Disposal Assets Income Statement Subtotal	130 610	36 218	15 445	-8 986
Gain Loss On Disposals Property Plant Equipment	130 610	36 218	15 445	-8 986
Government Grants Payable	77 148	66 339	57 044	49 052
Gross Profit Loss	3 536 534	3 214 513	4 259 750	4 025 175
Income Taxes Paid Refund Classified As Operating Activities	-463 541	249 387	-79 504	-212 270
Increase Decrease Due To Transfers Between Classes Property Plant Equipment		230 870	264 245	270 796
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	348 647	-620 724	740 187	175 024
Increase Decrease In Property Plant Equipment		293 976	264 020	505 496
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	1 274 752	799 502	-1 131 890	910 841
Increase From Depreciation Charge For Year Property Plant Equipment		370 291	460 152	590 035
Interest Expense On Bank Overdrafts	40 151	54 734	84 750	95 825
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	14 504	29 503	39 440	52 988
Interest Paid Classified As Operating Activities	-40 832	-56 341	-105 521	-112 570
Interest Payable Similar Charges Finance Costs	55 336	85 844	144 961	165 558
Key Management Personnel Compensation Total		94 477	121 771	67 065
Merchandise	4 080 990	4 880 492
Net Cash Flows From Used In Financing Activities	-710 015	565 158	552 155	643 743
Net Cash Flows From Used In Investing Activities	752 292	592 528	442 094	122 006
Net Cash Flows From Used In Operating Activities	-390 924	-536 962	-1 734 436	-940 773
Net Cash Generated From Operations	-909 801	-625 282	-1 958 901	-1 318 601
Net Current Assets Liabilities	4 725 669	4 966 095	6 025 899	7 115 597
Net Interest Received Paid Classified As Investing Activities	-105	-8 806	-446	-700
Number Shares Issued Fully Paid		1	1	1
Operating Profit Loss	1 572 686	1 165 709	2 032 883	1 431 385
Other Creditors	129 047	110 970	13 443	33 407
Other Deferred Tax Expense Credit	45 664	33 284	12 118	24 621
Other Interest Receivable Similar Income Finance Income	105	8 806	446	700
Other Operating Income Format1	111 390	27 000
Other Taxation Social Security Payable	290 840	281 106	280 122	365 739
Par Value Share		1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	855 978	-488 572	-680 208	-978 401
Pension Other Post-employment Benefit Costs Other Pension Costs		5 771	14 707	30 251
Prepayments Accrued Income	24 380	28 252	51 108	39 843
Proceeds From Borrowings Classified As Financing Activities			-264 245	-270 796
Proceeds From Sales Property Plant Equipment	-574 893	-229 677	-26 500	-94 644
Profit Loss	1 218 657	1 120 267	1 676 063	1 363 217
Profit Loss On Ordinary Activities Before Tax	1 517 455	1 088 671	1 888 368	1 266 527
Property Plant Equipment Gross Cost	2 893 462	3 931 366	4 733 246	5 668 744
Provisions	221 330	254 614	266 732	291 353
Provisions For Liabilities Balance Sheet Subtotal	221 330	254 614	266 732	291 353
Purchase Property Plant Equipment	-1 327 290	-831 011	-469 040	-217 350
Repayments Borrowings Classified As Financing Activities	-16 042	-15 102
Social Security Costs	95 219	133 098	120 097	144 331
Staff Costs Employee Benefits Expense	1 255 756	1 679 865	1 586 274	1 862 441
Tax Decrease Increase From Effect Revenue Exempt From Taxation	26 122
Tax Expense Credit Applicable Tax Rate	303 491	215 916	358 790	240 640
Tax Increase Decrease From Effect Capital Allowances Depreciation	19 677	-3 353	-10 145	724
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 752	2 682	3 139	1 347
Tax Tax Credit On Profit Or Loss On Ordinary Activities	298 798	-31 596	212 305	-96 690
Total Additions Including From Business Combinations Property Plant Equipment		1 387 688	839 660	1 095 000
Total Assets Less Current Liabilities	6 652 768	7 717 132	9 145 389	10 636 422
Total Borrowings	2 709 801	3 044 600	2 998 587	2 224 502
Total Operating Lease Payments	27 211	19 396	236	1 870
Trade Creditors Trade Payables	2 405 652	3 908 840	2 418 448	55 710
Trade Debtors Trade Receivables	5 269 568	6 579 007	6 594 607	6 606 030
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment		16 157	12 325	40 619
Turnover Revenue	15 827 133	19 304 234	20 855 370	20 673 232
Wages Salaries	1 160 537	1 540 996	1 451 470	1 687 859

Company staff

Pritpal S.

Role: Secretary

Appointed: 05 January 1994

Latest update: 19 February 2024

Baljinder S.

Role: Director

Appointed: 05 January 1994

Latest update: 19 February 2024

People with significant control

Executives who control the firm include: Baljinder S. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Prit S. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Baljinder S.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Prit S.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	29 February 2024
Account last made up date	31 May 2022
Confirmation statement next due date	27 December 2023
Confirmation statement last made up date	13 December 2022

Annual Accounts
Start Date For Period Covered By Report	01 June 2016
Annual Accounts
Start Date For Period Covered By Report	01 June 2017
End Date For Period Covered By Report	31 May 2018
Annual Accounts
Start Date For Period Covered By Report	01 June 2018
End Date For Period Covered By Report	31 May 2019
Annual Accounts
End Date For Period Covered By Report	31 May 2017

Experienced Class 2 HGV Driver in Tipton, posted on Monday 30th January 2017
Region / City	Midlands, Tipton
Industry	Wholesale trade/import-export
Job type	full time

Experienced Class 2 HGV Driver in Tipton, posted on Monday 30th January 2017

Region / City

Midlands, Tipton

Industry

Wholesale trade/import-export

Job type

full time

Jerseytex Ltd.

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Pritpal S.

Baljinder S.

Swift Incorporations Limited

Instant Companies Limited

People with significant control

Baljinder S.

Prit S.

Accounts Documents

Company Vehicle Operator Data

Unit 82

Address

City

Postal code

No. of Vehicles

Jobs and Vacancies at Jerseytex Limited.

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Closest companies