Khalsa Automobile Engineering Limited in Ilford, IG4 5PT

Description

Data updated on: 01-11-2023

Khalsa Automobile Engineering Limited with the registration number 04926543 has been operating on the market for twenty one years. This Private Limited Company is officially located at 56 Torquay Gardens, in Ilford and its post code is IG4 5PT. This company's SIC code is 45200 meaning Maintenance and repair of motor vehicles. The company's latest annual accounts describe the period up to October 31, 2022 and the latest annual confirmation statement was filed on October 9, 2023.

As the information gathered suggests, the following firm was started twenty one years ago and has been steered by four directors. Furthermore, the director's efforts are assisted with by a secretary - Kultar J., who was chosen by the firm twenty one years ago.

Executives who control the firm include: Kultar J. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Avtar J. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-10-31	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	897	1 340	1 144	3 795	5 440	2 406

Balance Sheet
Current Assets	18 433	30 814	31 786	38 147	33 484	15 752	16 456	21 558	12 228	10 899	13 422	9 328
Net Assets Liabilities											2 362	1 553
Cash Bank In Hand	13 810	21 493	14 833	19 551	25 308	8 432
Cash Bank On Hand						8 432	11 035	15 998	10 622	10 404	11 337
Debtors	1 847	4 208	3 385	6 036	1 926	4 140	2 461	3 430	1		1 566
Intangible Fixed Assets	36 000	33 000	30 000	27 000	24 000	21 000
Net Assets Liabilities Including Pension Asset Liability	897	1 340	1 144	3 795	5 440	2 406
Property Plant Equipment						1 416	1 061	796	606	455	342
Stocks Inventory	2 776	5 113	13 568	12 560	6 250	3 180
Tangible Fixed Assets	1 907	1 430	1 729	1 476	1 107	1 417
Total Inventories						3 180	2 960	2 130	1 605	495	519

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	797	1 240	1 044	3 695	5 340	2 306
Shareholder Funds	897	1 340	1 144	3 795	5 440	2 406

Other Financial Data
Average Number Employees During Period							6	6	7	6	5	5
Creditors						35 762	35 332	27 269	11 027	20 476	21 902	18 889
Fixed Assets	37 907	34 430	31 729	28 476	25 107	22 417	19 061	15 796	14 106	12 455	10 842	11 114
Net Current Assets Liabilities	2 990	6 910	9 415	27 319	14 333	-20 010	-18 875	-5 711	1 201	-9 577	-8 480	-9 561
Total Assets Less Current Liabilities	40 897	41 340	41 144	55 795	39 440	2 406	186	10 085	15 307	2 878	2 362	1 553
Accumulated Amortisation Impairment Intangible Assets						39 000	42 000	45 000	46 500	48 000	49 500
Accumulated Depreciation Impairment Property Plant Equipment						17 210	17 565	17 830	18 020	18 171	18 284
Creditors Due After One Year		40 000	40 000	52 000	34 000
Creditors Due Within One Year		23 904	22 371	10 828	19 151	35 763
Increase From Amortisation Charge For Year Intangible Assets							3 000	3 000	1 500		1 500
Increase From Depreciation Charge For Year Property Plant Equipment							355	265	190		113
Intangible Assets						21 000	18 000	15 000	13 500	12 000	10 500
Intangible Assets Gross Cost						60 000	60 000	60 000		60 000
Intangible Fixed Assets Aggregate Amortisation Impairment	24 000	27 000	30 000	33 000	36 000	39 000
Intangible Fixed Assets Amortisation Charged In Period		3 000	3 000	3 000	3 000	3 000
Intangible Fixed Assets Cost Or Valuation	60 000	60 000	60 000	60 000	60 000
Number Shares Allotted			100	100	100	100
Other Creditors						23 005	19 834	9 391	3 899	2 491	3 020
Other Taxation Social Security Payable						4 878	5 532	7 141	5 188	11 400	12 745
Par Value Share			1	1	1	1
Property Plant Equipment Gross Cost						18 626	18 626	18 626		18 626
Recoverable Value-added Tax						1 108					1 566
Share Capital Allotted Called Up Paid		100	100	100	100	100
Tangible Fixed Assets Additions			875	239		782
Tangible Fixed Assets Cost Or Valuation	16 731	16 731	17 606	17 845	17 845	18 627
Tangible Fixed Assets Depreciation	14 824	15 301	15 877	16 369	16 738	17 210
Tangible Fixed Assets Depreciation Charged In Period			576	492	369	472
Trade Creditors Trade Payables						7 879	9 965	10 737	1 940	6 585	6 137
Trade Debtors Trade Receivables						3 032	2 461	3 430	1
Creditors Due After One Year Total Noncurrent Liabilities	40 000	40 000
Creditors Due Within One Year Total Current Liabilities	15 443	23 904
Tangible Fixed Assets Depreciation Charge For Period		477