K. Hughes & Co. Limited in Co.tyrone, BT71 7EF

Description

Data updated on: 01-11-2023

Situated at 118 Trewmount Road, Co.tyrone BT71 7EF K. Hughes & Co. Limited is classified as a Private Limited Company with NI011061 Companies House Reg No. The company was launched on 1975-12-10. This business's SIC code is 10390 and their NACE code stands for Other processing and preserving of fruit and vegetables. Its latest annual accounts were submitted for the period up to 2022-12-31 and the most recent annual confirmation statement was submitted on 2023-04-22.

K Hughes & Co Ltd is a medium-sized vehicle operator with the licence number ON1115061. The firm has one transport operating centre in the country. In their subsidiary in Tyrone on Dungannon, 23 machines and 23 trailers are available.

As stated, this firm was created in December 1975 and has been led by seven directors, and out this collection of individuals three (Emmet H., Ciaran-Og H. and Kieran H.) are still a part of the company. In addition, the director's assignments are often aided with by a secretary - Brian H., who was selected by this firm on 2009-05-14.

Financial data based on annual reports

Profit & Loss
Date of Accounts	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	76 407	44 202	41 740	64 436	351 633	46 062
Current Assets	11 342 803	12 960 739	15 378 958	17 968 386	21 178 603	22 296 730
Debtors	10 707 941	12 186 860	14 350 805	16 463 875	18 124 653	19 089 886
Net Assets Liabilities	6 304 736	8 107 070	9 342 926	12 162 588	14 648 391	16 567 528
Other Debtors	46 582	314 187	465 011	276 226	403 716	459 527
Property Plant Equipment	5 976 326	6 078 583	6 417 388	6 826 102	7 319 904	12 945 646
Total Inventories	558 455	729 677	986 413	1 440 075	2 702 317	3 160 782

Other Financial Data
Audit Fees Expenses	18 861	18 000	20 948	22 443	26 205	32 256
Accrued Liabilities Deferred Income	613 067	459 788	440 702	470 468	689 991	232 661
Accumulated Depreciation Impairment Property Plant Equipment	2 764 503	3 049 254	3 369 171	3 578 774	3 973 785	4 221 420
Additional Provisions Increase From New Provisions Recognised		18 790	160 854	16 376	12 712
Additions Other Than Through Business Combinations Property Plant Equipment		612 008	663 722	769 169	1 638 813	5 998 376
Administration Support Average Number Employees	6	5	5	8	6	6
Administrative Expenses	1 692 684	971 083	2 017 967	2 326 566	2 852 506	3 521 608
Amounts Owed By Associates Joint Ventures Participating Interests				18 378	242 248	86 996
Amounts Owed By Group Undertakings	6 086 671	7 227 634	7 991 369	9 143 704	9 788 329	10 277 855
Amounts Owed To Associates Joint Ventures Participating Interests	676 142	643 454	460 766	508 601	447 673	388 299
Amounts Owed To Group Undertakings	27 390	27 390	27 390	1	1
Applicable Tax Rate	19	19	19	19	19	19
Average Number Employees During Period	120	154	200	214	224	194
Bank Borrowings Overdrafts	3 030 488	2 576 691	3 848 199	4 235 593	7 586 000	8 299 275
Comprehensive Income Expense	1 286 104	1 904 450	1 310 526	2 920 042	2 597 719	2 034 901
Corporation Tax Payable	135 819
Cost Sales	26 322 975	36 699 893	37 083 093	43 952 564	45 810 730	46 465 545
Creditors	7 877 341	7 726 374	9 049 453	9 950 826	12 470 726	13 892 241
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit		-134 123	-2 211	16 376	12 712
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	27 318	18 790	160 854	16 376	12 712	-8 510
Deferred Tax Liabilities	232 434	251 224	412 078	428 454	441 166	432 656
Depreciation Expense Property Plant Equipment	229 154	288 126	319 917	357 212	395 011	247 635
Depreciation Rate Used For Property Plant Equipment		15	15	15	15	15
Disposals Decrease In Depreciation Impairment Property Plant Equipment		3 375		147 609
Disposals Property Plant Equipment		225 000	5 000	150 852	750 000	124 999
Distribution Average Number Employees	1	1	1	5	5	7
Distribution Costs	295 336	193 776	186 215	135 090	97 894	171 150
Dividends Paid	106 038	102 116	74 670	100 380	111 916	115 764
Dividends Paid On Shares	106 038	102 116	74 670	100 380	111 916	115 764
Finance Lease Liabilities Present Value Total	54 000	81 252	141 078	81 835	60 282	166 399
Finance Lease Payments Owing Minimum Gross	153 000	166 515	407 926	266 847	187 764	513 940
Finished Goods	558 455	729 677	986 413	1 440 075	2 702 317	3 160 782
Fixed Assets	5 976 328	6 078 585	6 417 390	6 826 104	7 319 906	12 945 647
Further Item Finance Cost Component Total Finance Cost				4 900	5 249
Further Revenue Item Component Total Revenue				150 567	116 322
Future Minimum Lease Payments Under Non-cancellable Operating Leases	8 076	2 680	461	562
Gain Loss On Disposals Property Plant Equipment	-1 943	705 909		1 470	493 069
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss	-22 256	83 494	19 704	13 910	36 479	6 067
Government Grants Payable	682 178	892 350	864 440	1 064 736	938 951	810 744
Gross Profit Loss	3 317 161	3 175 673	3 764 498	5 576 074	5 613 526	6 037 964
Income From Associates Joint Ventures Participating Interests						-1
Increase Decrease Due To Transfers Into Or Out Property Plant Equipment						-138 922
Increase Decrease In Current Tax From Adjustment For Prior Periods	-78 241
Increase Decrease In Existing Provisions						-8 510
Increase From Depreciation Charge For Year Property Plant Equipment		288 126	319 917	357 212	395 011	247 635
Interest Expense On Bank Overdrafts		19 389	8 915
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	52 145	64 178	66 298	157 313	43 844	73 843
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	501	4 009	8 120	14 081	3 858	14 672
Interest Income On Bank Deposits	2 599	2	41	320	256	111
Interest Payable Similar Charges Finance Costs	96 559	87 576	88 977	178 320	52 951	318 925
Investments	2	2	2	2	2	1
Investments Fixed Assets	2	2	2	2	2	1
Investments In Associates Joint Ventures Participating Interests	2	2	2	2	2	1
Net Current Assets Liabilities	3 465 462	5 234 365	6 329 505	8 017 560	8 707 877	8 404 489
Net Deferred Tax Liability Asset	232 434	251 224	412 078	428 454	441 166	432 656
Number Shares Issued Fully Paid	11 000	11 000	11 000	11 000	11 000	11 000
Operating Profit Loss	1 329 141	2 010 814	1 560 316	3 114 418	2 663 126	2 345 206
Other Creditors				2 173
Other Finance Costs	2 896		5 644	2 026		230 410
Other Interest Expense	41 017	19 389	8 915	4 900	5 249
Other Interest Receivable Similar Income Finance Income	2 599	2	41	320	256	111
Other Remaining Borrowings	116 378
Other Revenue	68 761	282 906	309 576	150 567	116 322	67 184
Other Taxation Social Security Payable	326 990	86 612	87 999	80 659	361 636	421 287
Par Value Share		1	1	1	1	1
Payments Received On Account	173 771	176 425	212 732	648 975	585 350	510 333
Pension Costs Defined Contribution Plan	16 853	37 105	67 102	50 763	67 050	64 930
Pension Other Post-employment Benefit Costs Other Pension Costs	16 853	37 105	67 102	50 763	67 050	64 930
Prepayments Accrued Income	383 896	319 446	156 466	181 069	67 157	323 732
Production Average Number Employees	113	148	194	201	213	181
Profit Loss	1 286 104	1 904 450	1 310 526	2 920 042	2 597 719	2 034 901
Profit Loss On Ordinary Activities Before Tax	1 235 181	1 923 240	1 471 380	2 936 418	2 610 431	2 026 391
Property Plant Equipment Gross Cost	8 740 829	9 127 837	9 786 559	10 404 876	11 293 689	17 167 066
Provisions	232 434	251 224	412 078	428 454	441 166	432 656
Provisions For Liabilities Balance Sheet Subtotal	232 434	251 224	412 078	428 454	441 166	432 656
Research Development Expense Recognised In Profit Or Loss	112 510	241 949	44 803	89 561	30 468	56 571
Revenue Arising From Exchanges Goods Or Services Rendering Services			309 576	299 702	295 215
Revenue From Sale Goods	29 305 312	39 439 546	40 467 865	49 078 369	51 012 719	52 142 432
Social Security Costs	169 120	227 057	291 438	340 899	424 685	506 492
Staff Costs Employee Benefits Expense	2 719 642	3 904 887	4 894 403	6 250 083	7 370 388	7 394 022
Tax Decrease Increase From Effect Tax Incentives	70 579	59 762
Tax Expense Credit Applicable Tax Rate	234 688	365 416	279 562	557 919	462 642	385 014
Tax Increase Decrease Arising From Group Relief Tax Reconciliation	-147 773	-165 945	-148 867	-485 093	-415 725	-243 144
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit		-59 762	-47 070
Tax Increase Decrease From Effect Capital Allowances Depreciation	-12 765	-2 373	-78 522	-65 296	-46 691	-141 877
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				-4 927	-226	7
Tax Increase Decrease From Effect Rollover Relief On Profit On Disposal Fixed Assets		-134 123
Tax Increase Decrease From Other Short-term Timing Differences	27 318	18 790			12 712	-8 510
Tax Increase Decrease From Other Tax Effects Tax Reconciliation	-3 571	-3 213	-2 892	-2 603
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-50 923	18 790	160 854	16 376	12 712	-8 510
Total Assets Less Current Liabilities	9 441 790	11 312 950	12 746 895	14 843 664	16 027 783	21 350 136
Total Operating Lease Payments	6 891	19 364	28 832	27 901	42 607	44 152
Trade Creditors Trade Payables	2 723 296	3 674 762	3 830 587	3 922 521	2 739 793	3 873 987
Trade Debtors Trade Receivables	4 190 792	4 325 593	5 737 959	6 844 498	7 623 203	7 941 776
Turnover Revenue	29 640 136	39 875 566	40 847 591	49 528 638	51 424 256	52 503 509
Wages Salaries	2 533 669	3 640 725	4 535 863	5 858 421	6 878 653	6 822 600
Director Remuneration	17 333	24 000	25 125	25 500	26 994	27 492