K A Watts Plumbing & Heating Limited in Eastleigh, SO50 9PD

Description

Data updated on: 01-11-2023

K A Watts Plumbing & Heating Limited has existed on the market for at least twenty five years. Registered with number 03891188 in 1999, it is registered at Fleming Court, Eastleigh SO50 9PD. The firm's registered with SIC code 43220 meaning Plumbing, heat and air-conditioning installation. K A Watts Plumbing & Heating Ltd filed its latest accounts for the period up to 2022-12-31. The company's most recent annual confirmation statement was released on 2022-11-01.

When it comes to the following enterprise's register, since 2016-02-08 there have been three directors: Ricky J., Kim W. and Kevin W.. In order to provide support to the directors, this particular firm has been using the skills of Kim W. as a secretary since 1999.

The companies that control this firm include: K A Watts Trustee Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Eastleigh at M3 Trade Park, Manor Way, SO50 9YA and was registered as a PSC under the registration number 13680804.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	830 214	885 891	559 747	788 453	1 917 047	997 075	666 072
Current Assets	5 131 601	4 766 638	4 732 952	5 330 148	7 142 717	5 314 217	5 574 143
Debtors	4 119 105	3 759 986	4 142 355	4 500 924	5 024 861	4 124 446	4 707 846
Net Assets Liabilities	2 196 896	2 614 468	2 790 473	3 181 813	4 944 450	2 493 380	1 973 297
Other Debtors	158 991	759 685	342 858	366 023	254 437	399 555	480 270
Property Plant Equipment	259 050	331 630	279 735	235 815	371 268	339 173	349 398
Total Inventories	182 282	120 761	30 850	40 771	200 809	192 696	200 225

Other Financial Data
Audit Fees Expenses	6 000	6 170	6 400	6 690	6 990	7 200	7 500
Amount Specific Advance Or Credit Directors	5 000	141 120	11 856	20 028	776 990	16 798
Amount Specific Advance Or Credit Made In Period Directors	5 000	13 500	12 838	9 484	571 555	3 309 327
Amount Specific Advance Or Credit Repaid In Period Directors	71 963	18 500	2 294	22 000	67 923	4 069 519	16 798
Company Contributions To Money Purchase Plans Directors		766	1 405	2 377	1 543	2 380	2 126
Director Remuneration	348 101	383 802	297 852	255 003	183 592	205 719	236 914
Number Directors Accruing Benefits Under Money Purchase Scheme	2	4	4	4	4	3	3
Accrued Liabilities Deferred Income	532 011	267 655	221 883	331 116	253 645	174 657	186 644
Accumulated Amortisation Impairment Intangible Assets	100 000	100 000	100 000	100 000	100 000	100 000
Accumulated Depreciation Impairment Property Plant Equipment	307 700	379 826	353 099	380 314	461 656	566 807	597 815
Administrative Expenses	1 575 122	1 861 142	2 142 571	2 058 251	1 600 025	1 744 349	1 857 775
Amounts Recoverable On Contracts			175 311
Applicable Tax Rate	20	19	19	19	19	19	19
Average Number Employees During Period	57	66	75	72	63	63	58
Cash Cash Equivalents Cash Flow Value	830 214		559 747	788 453	1 917 047	997 075
Comprehensive Income Expense	938 932	1 017 572	376 005	991 340	1 762 637	957 457	1 136 927
Corporation Tax Payable	241 074	250 715	129 859	266 188		227 879	19 936
Cost Sales	13 148 758	17 900 568	14 334 007	16 477 410	10 937 381	14 186 362	16 358 498
Creditors	49 428	67 436	20 411	5 050	614 995	472 524	351 515
Current Tax For Period	241 074	250 735	129 870	259 783	300 222	227 879	190 232
Depreciation Amortisation Expense	59 511	86 472	77 292	74 806	86 762	105 151	106 246
Depreciation Expense Property Plant Equipment	33 924	26 941	21 587	35 560	57 927	77 865	61 194
Disposals Decrease In Depreciation Impairment Property Plant Equipment		14 346	104 019	47 591	5 420		75 238
Disposals Property Plant Equipment		58 598	125 069	52 000	5 495		109 377
Dividends Paid	938 000	600 000	200 000	600 000
Dividends Paid Classified As Financing Activities	-938 000	-600 000	-200 000	-600 000
Dividends Paid On Shares Interim	938 000	600 000	200 000	600 000
Finance Lease Liabilities Present Value Total	49 428	67 436	20 411	5 050	11 752	24 720	44 933
Fixed Assets	259 050	331 630	279 735	235 815	371 268	339 173	349 398
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	37 306	338 515	217 882	-65 616	-750 000	3 421 020	-65 804
Further Operating Expense Item Component Total Operating Expenses	35 000	37 500
Future Minimum Lease Payments Under Non-cancellable Operating Leases	11 666		4 322	4 322	4 322	4 322	23 592
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	850 021	-585 025	-71 575	87 878	-347 617	497 561	1 051 848
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-1 790 634	500 239	-164 487	-417 676	69 102	54 654	-624 064
Gain Loss On Disposal Assets Income Statement Subtotal	-4 115	-32 834	-14 050	-1 753	13		19 947
Gain Loss On Disposals Property Plant Equipment	-4 115	-32 834	-14 050	-1 753	13		19 947
Gross Profit Loss	2 769 233	3 149 339	2 654 068	3 297 707	2 634 719	2 685 276	2 902 712
Income From Related Parties		2 418
Income Taxes Paid Refund Classified As Operating Activities	-187 914	-241 094	-266 300	-130 032	-262 000	200 928	-81 065
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-946 086	55 677	-326 144	228 706	1 128 594	-919 972	-331 003
Increase Decrease In Current Tax From Adjustment For Prior Periods	95		15 573	69	-173		-170 296
Increase Decrease In Existing Provisions		15 074	-7 345
Increase Decrease In Property Plant Equipment		147 735	15 195		69 868	72 307	148 362
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	12 817	-61 521	-89 911	9 921	160 038	-8 113	7 529
Increase From Depreciation Charge For Year Property Plant Equipment		86 472	77 292	74 806	86 762	105 151	106 246
Intangible Assets Gross Cost	100 000	100 000	100 000	100 000	100 000	100 000
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	2 003	5 788	6 519	5 471	1 503	547	730
Interest Payable Similar Charges Finance Costs	2 003	5 788	6 519	5 471	1 503	9 171	20 240
Loans Owed By Related Parties	8 671	141 120	359 002	293 386	800 792	40 664
Loans Owed To Related Parties	-197 395	-3 000	-4 500	-4 500	-4 500	-4 500	-25 140
Merchandise	16 699	34 056	30 850	40 771	62 494	61 494	91 453
Net Cash Flows From Used In Financing Activities	1 026 466	1 038 500	494 887	589 732	-195 618	2 850 209	1 840 364
Net Cash Flows From Used In Investing Activities	34 010	43 179	15 126	22 355	139 079	-17 320	-54 175
Net Cash Flows From Used In Operating Activities	-114 390	-1 137 356	-183 869	-840 793	-1 072 055	-1 912 917	-1 455 186
Net Cash Generated From Operations	-304 307	-1 384 238	-456 688	-976 296	-1 335 558	-1 721 160	-1 556 491
Net Current Assets Liabilities	2 021 943	2 400 017	2 573 547	2 986 523	5 249 951	2 683 043	2 053 712
Net Interest Received Paid Classified As Investing Activities	-747	-972	-9 126	-10 284	-13 255	-18 069	-2 337
Number Shares Issued Fully Paid		1 000	1 000	1 020	1 020
Operating Profit Loss	1 194 111	1 288 197	511 497	1 239 456	1 687 362	1 055 681	1 049 937
Other Creditors	32 102	138 744	109 179	47 108	47 131	347 830	1 031 453
Other Deferred Tax Expense Credit	12 754	15 074	-7 344	-6 923	26 299	-5 462	21 985
Other Interest Receivable Similar Income Finance Income	747	972	9 126	10 284	14 339	16 985	2 337
Other Taxation Social Security Payable	96 498	106 796	114 798	111 335	98 210	101 467	105 845
Par Value Share		1	1	0	0
Payments Finance Lease Liabilities Classified As Financing Activities	-51 160	-99 985	-77 005	-55 348	-46 976	-35 144	-82 491
Payments Received On Account		116 514
Payments To Related Parties	35 000	37 500	35 675	46 350	11 085	50 000	50 000
Pension Other Post-employment Benefit Costs Other Pension Costs	12 442	14 376	24 999	39 771	45 245	43 735	47 250
Prepayments Accrued Income	113 837	107 231	109 490	117 479	93 885	116 910	245 825
Proceeds From Sales Property Plant Equipment	-100	-11 418	-7 000	-2 656	-88		-54 086
Profit Loss	938 932	1 017 572	376 005	991 340	1 762 637	957 457	1 136 927
Profit Loss On Ordinary Activities Before Tax	1 192 855	1 283 381	514 104	1 244 269	1 700 198	1 063 495	1 032 034
Property Plant Equipment Gross Cost	566 750	711 456	632 834	616 129	832 924	905 980	947 213
Provisions	34 669	49 743	42 398	35 475	61 774	56 312	78 298
Provisions For Liabilities Balance Sheet Subtotal	34 669	49 743	42 398	35 475	61 774	56 312	78 298
Purchase Property Plant Equipment	-34 857	-55 569	-31 252	-35 295	-152 422	-749	-2 248
Recoverable Value-added Tax	339 905	221 776	276 678	131 236	269 477	88 842	107 165
Social Security Costs	167 821	210 534	212 099	212 908	183 175	203 745	259 217
Staff Costs Employee Benefits Expense	1 888 845	2 410 489	2 544 229	2 595 479	2 188 713	2 420 731	2 777 410
Tax Expense Credit Applicable Tax Rate	238 571	247 012	97 680	236 411	323 038	202 064	196 086
Tax Increase Decrease From Effect Capital Allowances Depreciation	-17 072	-17 010	7 414	7 010	-26 456	3 534	-11 744
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	19 360	20 718	24 237	16 549	3 353	21 291	6 816
Tax Increase Decrease From Other Short-term Timing Differences	215	15	539	-187	287	990	-926
Tax Increase Decrease From Other Tax Effects Tax Reconciliation	12 754	15 074	-7 344	-6 923	26 299
Tax Tax Credit On Profit Or Loss On Ordinary Activities	253 923	265 809	138 099	252 929	-62 439	106 038	-104 893
Total Additions Including From Business Combinations Property Plant Equipment		203 304	46 447	35 295	222 290	73 056	150 610
Total Assets Less Current Liabilities	2 280 993	2 731 647	2 853 282	3 222 338	5 621 219	3 022 216	2 403 110
Total Current Tax Expense Credit	241 169	250 735	145 443	259 852	-88 738	111 500	-126 878
Trade Creditors Trade Payables	1 970 076	1 415 953	1 528 227	1 572 406	1 315 361	1 587 954	1 939 813
Trade Debtors Trade Receivables	3 506 372	2 530 174	2 879 016	3 586 291	3 514 128	3 471 966	3 868 077
Turnover Revenue	15 917 991	21 049 907	16 988 075	19 775 117	13 572 100	16 871 638	19 261 210
Wages Salaries	1 708 582	2 185 579	2 307 131	2 342 800	1 960 293	2 173 251	2 470 943
Work In Progress	165 583	86 705			138 315	131 202	108 772
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss					26 299	-5 462	21 986
Bank Borrowings					166 667	166 667	166 667
Bank Borrowings Overdrafts					583 333	416 667	250 000
Corporation Tax Recoverable				6 509	92 142	6 509	6 509
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period					26 299	-5 462	21 985
Interest Expense On Bank Overdrafts						8 624	19 510
Interest Paid Classified As Operating Activities						-8 624	-19 510
Issue Equity Instruments				20		12 493
Other Operating Income Format1					652 668	114 754	5 000
Proceeds From Issuing Shares						-12 493
Research Development Tax Credit					388 787	116 379	146 814
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit					-388 787	-116 379	-146 814
Total Borrowings				20 522	793 414	663 911	563 115