Key Precision Limited in Staffordshire, WS11 7LR

Description

Data updated on: 01-11-2023

This business is based in Staffordshire under the following Company Registration No.: 05069607. This firm was registered in the year 2004. The headquarters of the company is located at Unit 5 Phoenix Road Cannock. The postal code for this location is WS11 7LR. This business's SIC code is 32990 meaning Other manufacturing n.e.c.. 2023-03-31 is the last time account status updates were filed.

With three recruitment advert since 2014-09-03, the firm has been quite active on the labour market. On 2017-02-01, it started employing candidates for a full time Factory Assistant / Driver post in Cannock, and on 2014-09-03, for the vacant post of a full time Cnc Setter / Operator in Cannock. As of yet, they have looked for applicants for the General Factory Labourer positions.

Given the following enterprise's magnitude, it was unavoidable to formally appoint additional directors, including: Greg J., Valerie D., Neil D. who have been supporting each other since 1st October 2020 to promote the success of the following limited company. Additionally, the director's efforts are backed by a secretary - Adam D., who was officially appointed by the limited company on 10th March 2004.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-30	2012-03-31	2013-03-31	2014-03-31	2015-03-30	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	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP

Balance Sheet
Cash Bank On Hand							34 848	30 175	45 485	30 733	54 083	61 191	11 540	16 587
Current Assets	751 641		754 532	872 705	806 674	806 674	567 038	708 012	791 056	908 196	813 195	850 920	980 005	1 030 730
Debtors	498 480		522 490	629 853	615 331	615 331	387 321	566 209	578 368	678 010	525 703	538 381	757 370	800 511
Net Assets Liabilities							402 454	427 010	417 335	456 281	455 261	459 708	614 025	733 733
Other Debtors														70 177
Property Plant Equipment							1 238 709	1 257 944	1 315 666	1 343 416	1 351 453	1 404 940	1 648 881	1 784 819
Total Inventories							144 869	111 628	167 203	199 453	239 348	251 348	211 095
Cash Bank In Hand	20 056		26 711	47 829	27 207	27 207	34 848
Intangible Fixed Assets	40 000	40 000	37 500	35 000	32 500	32 500	30 000
Net Assets Liabilities Including Pension Asset Liability	218 330		262 438	387 866	396 922	396 922	402 454
Stocks Inventory	233 105		205 331	195 023	164 136	164 136	144 869
Tangible Fixed Assets	881 467	881 467	1 225 894	1 377 511	1 386 966	1 386 966	1 238 709

Capital & Reserves
Called Up Share Capital	20 000		20 000	20 000	20 000	20 000	20 000
Profit Loss Account Reserve	198 330		242 438	367 866	376 922	376 922	382 454

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets							20 000	25 000	30 000	35 000	40 000	45 000	50 000
Accumulated Depreciation Impairment Property Plant Equipment							864 028	1 036 735	1 084 654	914 090	837 844	1 036 691	1 198 805	1 064 296
Additions Other Than Through Business Combinations Property Plant Equipment								240 459	288 491	351 390	297 371	274 334	577 793	502 520
Average Number Employees During Period										16	17	14	24	31
Bank Borrowings							85 552	50 227	33 961	33 961	16 101	136 000	122 400
Bank Borrowings Overdrafts													122 400	68 000
Bank Overdrafts							347 236	433 850	466 121	473 528	432 778	310 258	307 272
Corporation Tax Payable							9 856
Creditors							906 633	1 045 721	1 097 496	1 113 995	964 893	864 549	1 010 564	573 980
Finance Lease Liabilities Present Value Total							254 487	237 706	206 592	201 154	237 817	247 514	285 872
Fixed Assets	921 467		1 263 394	1 412 511	1 419 466	1 419 466	1 268 709	1 282 944	1 335 666	1 358 416	1 361 453	1 409 940	1 648 881
Increase From Amortisation Charge For Year Intangible Assets								5 000	5 000	5 000	5 000	5 000	5 000
Increase From Depreciation Charge For Year Property Plant Equipment								208 126	224 769	205 711	203 496	220 847	233 671	295 514
Intangible Assets							30 000	25 000	20 000	15 000	10 000	5 000
Intangible Assets Gross Cost							50 000	50 000	50 000	50 000	50 000	50 000	50 000
Net Current Assets Liabilities	-309 577		-353 224	-445 335	-472 649	-472 649	-339 595	-337 709	-306 440	-205 799	-145 759	-13 629	20 593	-140 437
Other Creditors							59 447	57 325	61 528	63 898	54 834	66 958	64 166	505 980
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment								35 419	176 850	376 275	279 742	22 000	71 558	430 023
Other Disposals Property Plant Equipment								48 517	182 850	494 204	365 580	22 000	171 739	501 090
Other Taxation Social Security Payable							62 567	81 353					-8 030	16 121
Property Plant Equipment Gross Cost							2 102 737	2 294 679	2 400 320	2 257 506	2 189 297	2 441 631	2 847 685	2 849 115
Provisions For Liabilities Balance Sheet Subtotal							41 609	106 125	184 134	197 903	211 706	243 675	310 346	336 669
Taxation Social Security Payable								81 353	71 645	109 872	24 744	69 718	46 038
Total Assets Less Current Liabilities	611 890		910 170	967 176	946 817	946 817	929 114	945 235	1 029 226	1 152 617	1 215 694	1 396 311	1 669 473	1 644 382
Trade Creditors Trade Payables							173 040	235 487	291 610	265 543	208 781	170 101	307 216	338 897
Trade Debtors Trade Receivables							387 321	566 209	578 368	678 010	525 703	538 381	757 370	730 334
Capital Employed	218 330		262 438	387 866	396 922	396 922	402 454
Creditors Due After One Year	393 560		647 732	579 310	549 895	549 895	485 051
Creditors Due Within One Year	1 061 218		1 107 756	1 318 040	1 279 323	1 279 323	906 633
Intangible Fixed Assets Aggregate Amortisation Impairment		10 000	12 500	15 000		17 500	20 000
Intangible Fixed Assets Amortisation Charged In Period			2 500	2 500		2 500	2 500
Intangible Fixed Assets Cost Or Valuation		50 000	50 000	50 000		50 000	50 000
Number Shares Allotted			20 000	20 000		20 000	20 000
Par Value Share			1	1		1	1
Provisions For Liabilities Charges							41 609
Share Capital Allotted Called Up Paid	20 000		20 000	20 000	20 000	20 000	20 000
Tangible Fixed Assets Additions			532 054	320 620		264 238	126 443
Tangible Fixed Assets Cost Or Valuation		1 377 812	1 806 636	2 127 256		2 201 244	2 102 737
Tangible Fixed Assets Depreciation		496 345	580 742	749 745		814 278	864 028
Tangible Fixed Assets Depreciation Charged In Period			142 894	169 003		205 660	203 298
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			58 497			141 127	153 548
Tangible Fixed Assets Disposals			103 230			190 250	224 950