John J. Higgins (magherafelt) Limited in Station Road, BT45 5EY

Description

Data updated on: 01-11-2023

John J. Higgins (magherafelt) Limited with the registration number NI006913 has been a part of the business world for 57 years. This Private Limited Company is officially located at Unit 4, Station Road Ind Estate in Station Road and their zip code is BT45 5EY. This business's principal business activity number is 32990 meaning Other manufacturing n.e.c.. 2023-03-31 is the last time when company accounts were filed.

John J. Higgins (magherafelt) Ltd is a small-sized vehicle operator with the licence number ON1118571. The firm has one transport operating centre in the country. In their subsidiary in Magherafelt on Station Road Industrial Estate, 1 machine is available.

As the data suggests, the following firm was started 57 years ago and has so far been led by five directors. To help the directors in their tasks, the firm has been utilizing the expertise of Mary H. as a secretary for the last twenty nine years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	261 084	307 787	394 701

Balance Sheet
Cash Bank In Hand	74	186	475
Cash Bank On Hand			475	16 273	291	145 604	202 833	241 629	270 646	210 518
Current Assets	604 218	686 546	802 258	931 064	851 820	994 458	946 848	1 011 788	1 131 344	1 170 252
Debtors	344 531	446 860	558 286	609 389	518 753	570 454	440 384	448 049	469 486	530 463
Net Assets Liabilities			394 701	525 939	621 121	674 307	855 148	892 081	1 011 764	1 100 583
Net Assets Liabilities Including Pension Asset Liability	261 084	307 787	394 701
Other Debtors			8 052	4 122	2 558	1 862	2 210	1 504		12 992
Property Plant Equipment			209 582	201 151	205 838	250 897	349 379	310 038	329 259	296 797
Stocks Inventory	259 613	233 831	243 497
Tangible Fixed Assets	133 410	128 802	209 582
Total Inventories			243 497	305 402	332 776	278 400	303 631	322 110	391 212	429 271

Capital & Reserves
Called Up Share Capital	16 000	16 000	16 000
Profit Loss Account Reserve	245 084	291 787	378 701
Shareholder Funds	261 084	307 787	394 701

Other Financial Data
Accrued Liabilities Deferred Income			3 950	10 519
Accumulated Depreciation Impairment Property Plant Equipment			543 575	579 372	616 572	661 951	665 072	717 006	772 332	824 795
Additional Provisions Increase From New Provisions Recognised				7 326
Average Number Employees During Period				31	28	29	33	24	24	24
Bank Borrowings Overdrafts			100 835	8 818	51 911					5 195
Corporation Tax Payable			12 810	8 161
Creditors			9 365	44 414	44 639	20 495	6 410	390 354	399 352	312 713
Creditors Due After One Year			9 365
Creditors Due Within One Year	476 544	501 156	592 451
Deferred Tax Liabilities			15 323	22 649
Dividends Paid				10 000
Increase From Depreciation Charge For Year Property Plant Equipment				35 797	37 200	45 379	58 266	51 934	55 999	52 463
Net Current Assets Liabilities	127 674	185 390	209 807	391 851	485 401	458 854	562 924	621 434	731 992	857 539
Number Shares Allotted		16 000	16 000
Number Shares Issued Fully Paid				16 000
Other Creditors			9 365	44 414	44 639	20 495	6 410	10 910	4 500	14 685
Other Taxation Social Security Payable			7 714	12 503	19 787	59 981	51 955	66 468	87 099	19 393
Par Value Share		16 000	1	1
Profit Loss				141 238					119 683	88 819
Property Plant Equipment Gross Cost			753 157	780 523	822 410	912 848	1 014 451	1 027 044	1 101 591	1 121 592
Provisions			15 323	22 649
Provisions For Liabilities Balance Sheet Subtotal			15 323	22 649	25 479	14 949	50 745	39 391	49 487	53 753
Provisions For Liabilities Charges		6 405	15 323
Share Capital Allotted Called Up Paid	16 000	16 000	16 000
Tangible Fixed Assets Additions		16 105	116 146
Tangible Fixed Assets Cost Or Valuation	628 406	644 511	753 157
Tangible Fixed Assets Depreciation	494 996	515 709	543 575
Tangible Fixed Assets Depreciation Charged In Period		20 713	34 595
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			6 729
Tangible Fixed Assets Disposals			7 500
Total Additions Including From Business Combinations Property Plant Equipment				27 366	41 887	90 438	163 703	12 593	75 220	20 001
Total Assets Less Current Liabilities	261 084	314 192	419 389	593 002	691 239	709 751	912 303	931 472	1 061 251	1 154 336
Trade Creditors Trade Payables			406 778	469 861	266 635	447 537	314 710	312 976	307 753	273 440
Trade Debtors Trade Receivables			550 234	605 267	516 195	568 592	438 174	446 545	469 486	517 471
Administrative Expenses									550 423	558 675
Cost Sales									1 649 622	1 718 654
Depreciation Expense Property Plant Equipment									55 999	52 463
Disposals Decrease In Depreciation Impairment Property Plant Equipment							55 145		673
Disposals Property Plant Equipment							62 100		673
Gross Profit Loss									674 943	628 468
Interest Payable Similar Charges Finance Costs									2 164
Operating Profit Loss									151 435	69 793
Other Interest Receivable Similar Income Finance Income										74
Other Operating Income Format1									26 915
Profit Loss On Ordinary Activities Before Tax									149 271	69 867
Tax Tax Credit On Profit Or Loss On Ordinary Activities									29 588	-18 952
Turnover Revenue									2 324 565	2 347 122