L & S Printing Company Limited in Worthing, BN11 1QR

Description

Data updated on: 01-11-2023

L & S Printing Company started conducting its operations in 1981 as a Private Limited Company with reg. no. 01561973. This company has been operating for fourty three years and it's currently active. This company's head office is registered in Worthing at Amelia House. You can also find this business by its zip code : BN11 1QR. The company's principal business activity number is 18129 - Printing n.e.c.. L & S Printing Company Ltd released its latest accounts for the period up to 2022-12-31. The firm's latest annual confirmation statement was released on 2022-11-10.

L & S Printing Company Limited is a small-sized vehicle operator with the licence number OK1129693. The firm has one transport operating centre in the country. In their subsidiary in Worthing on Hazelwood Trading Estate, 1 machine is available.

In order to meet the requirements of its customer base, the following company is continually being led by a body of four directors who are, to enumerate a few, Melonie L., Hadleigh L. and Aaron L.. Their mutual commitment has been of cardinal importance to the company since 2010. In addition, the director's duties are often assisted with by a secretary - Tom W., who was selected by the company in 2000.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	2 315 116	2 401 300

Balance Sheet
Cash Bank On Hand		410 875	639 461	149 439	639 682	546 110	627 391	878 176	740 957	386 916
Current Assets	3 031 458	3 571 276		2 328 776	2 404 589	2 295 248	2 555 404	2 404 580	2 555 255	1 857 605
Debtors	2 340 515	2 907 610	2 015 068	1 856 379	1 552 061	1 564 780	1 694 170	1 331 176	1 343 994	1 272 016
Net Assets Liabilities				2 159 098	1 514 814	1 095 601	1 054 585	411 467	429 178	223 134
Other Debtors	38 908	19 640	27 063	38 155	38 541	131 179	211 547	428 682	304 781	309 019
Property Plant Equipment		3 284 140	3 244 920	2 905 649	2 500 449	2 150 585	1 786 319	1 529 124	1 341 863	1 237 701
Total Inventories		252 791	291 435	217 169	212 846	184 358	233 843	195 228	470 304
Cash Bank In Hand	473 260	410 875
Stocks Inventory	217 683	252 791
Tangible Fixed Assets	3 625 615	3 284 140
Trade Debtors	1 896 458	2 361 408

Capital & Reserves
Called Up Share Capital	375 000	375 000
Profit Loss Account Reserve	1 940 116	2 026 300
Shareholder Funds	2 315 116	2 401 300

Other Financial Data
Audit Fees Expenses		15 612	17 000	17 500	19 000
Accrued Liabilities Deferred Income		202 994	29 426	109 678	87 838
Accumulated Amortisation Impairment Intangible Assets		76 927	76 927	76 927	76 927	76 927	92 652	108 377	124 109	139 841
Accumulated Depreciation Impairment Property Plant Equipment		3 283 340	3 680 366	4 062 920	4 484 319	4 824 384	4 041 333	4 299 056	4 315 550	4 476 881
Additions Other Than Through Business Combinations Property Plant Equipment			448 141	251 478	16 199		287 083	528	36 233	82 169
Administrative Expenses	2 360 771	2 187 430	2 182 263	2 590 627	1 732 786
Average Number Employees During Period		110	112	111	81	78	80	72	61	51
Bank Borrowings					180 833
Bank Borrowings Overdrafts			16 576	10 087	110 833	40 833	35 861	220 833	175 000	125 000
Bank Overdrafts		2 256	16 576	10 087	7 379
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment		2 215 928	1 965 488	1 688 881	1 681 920
Comprehensive Income Expense			53 514	-268 716
Corporation Tax Payable		1 240
Corporation Tax Recoverable		119 060	1 145	1 145	34 583	36 154	30 897	30 900
Cost Sales	6 817 881	7 009 581	7 286 376	7 577 750	5 955 616
Creditors			3 329 151	788 788	889 577	446 255	344 301	1 318 445	1 045 520	860 910
Deferred Tax Asset Debtors										53 000
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		58 150	17 100	15 500	-139 200
Depreciation Expense Property Plant Equipment			213 540	217 212	126 005
Distribution Costs	938 477	1 068 410	1 042 635	1 415 570	1 047 340
Dividends Paid			18 000	9 000
Dividends Paid Classified As Financing Activities			-18 000	-9 000
Dividends Paid On Shares							62 900
Finance Lease Liabilities Present Value Total		1 046 125	838 752	788 788	778 744
Finance Lease Payments Owing Minimum Gross		1 600 257	1 359 717	1 066 877	1 146 496
Fixed Assets	3 625 616	3 284 141	3 244 921	2 905 650	2 500 450	2 150 586	1 849 220	1 576 300	1 373 307	1 253 413
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities					29 167
Further Item Tax Increase Decrease Component Adjusting Items		85 450	-1 611		-107 288
Future Minimum Lease Payments Under Non-cancellable Operating Leases						1 805 745	1 576 319	1 374 839	1 202 566	1 002 795
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss			1 260	2 846	158
Gain Loss On Disposals Property Plant Equipment		-28 293	8 055	52 000
Gross Profit Loss	3 387 844	3 253 999	3 412 221	3 457 915	1 991 120
Income Taxes Paid Refund Classified As Operating Activities			116 675		73 850
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-214 266	483 533
Increase Decrease In Current Tax From Adjustment For Prior Periods		-111 676	-33 248	14 662	-107 288
Increase From Amortisation Charge For Year Intangible Assets							15 725	15 725	15 732	15 732
Increase From Depreciation Charge For Year Property Plant Equipment			487 361	465 749	421 399	349 864	305 576	257 723	204 587	184 234
Intangible Assets							62 900	47 175	31 443	15 711
Intangible Assets Gross Cost		76 927	76 927	76 927	76 927	76 927	155 552	155 552	155 552
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				330	12 319
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts		113 439	84 890	23 233	50 488
Interest Income On Bank Deposits				815	234
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss				815	234
Interest Payable Similar Charges Finance Costs		135 357	117 534	53 817	102 000
Interest Received Classified As Investing Activities		-356	-825	-815	-234
Investments Fixed Assets	1	1	1	1	1	1	1	1	1	1
Investments In Group Undertakings Participating Interests						1	1	1	1	1
Net Cash Flows From Used In Financing Activities			534 040	301 840
Net Cash Flows From Used In Investing Activities			158 279	-27 383
Net Cash Flows From Used In Operating Activities		-542 903	-906 585	209 076
Net Cash Generated From Operations			-907 444	155 259
Net Current Assets Liabilities	458 165	449 084		360 636	83 141	-508 830	-350 434	253 512	162 605	-169 369
Net Finance Income Costs		356	825	815	234
Net Interest Paid Received Classified As Operating Activities		-135 357	-117 534	-53 817	-102 000
Number Shares Issued Fully Paid					75 000
Operating Profit Loss	201 096	185 659	187 323	-200 214	-789 006
Other Creditors			1 470 938	453 691	778 744	405 422	308 440	1 097 612	870 520	735 910
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			90 335	83 195		9 799	1 088 627		188 093	22 903
Other Disposals Property Plant Equipment			90 335	208 195		9 799	1 434 400		207 000	25 000
Other Interest Receivable Similar Income Finance Income		356	825	815	234
Other Operating Income Format1		187 500
Other Taxation Social Security Payable			153 275	231 748	75 207	83 396	171 572	344 470	255 311	105 350
Par Value Share		1			1
Payments Finance Lease Liabilities Classified As Financing Activities		-494 890	-516 040	-292 840
Pension Other Post-employment Benefit Costs Other Pension Costs		157 297	200 251	217 256	125 197
Percentage Class Share Held In Subsidiary			100	100	100
Prepayments Accrued Income			432 243	179 690	152 471
Proceeds From Borrowings Classified As Financing Activities					-379 000
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments			-5 482	-4 588
Proceeds From Sales Property Plant Equipment		-40 000	-8 055	-45 996
Profit Loss		104 184	53 514	-268 716	-644 284
Profit Loss On Ordinary Activities Before Tax	72 776	50 658	70 614	-253 216	-890 772
Property Plant Equipment Gross Cost		6 567 480	6 925 286	6 968 569	6 984 768	6 974 969	5 827 652	5 828 180	5 657 413	5 714 582
Provisions For Liabilities Balance Sheet Subtotal				318 400	179 200	99 900	99 900	99 900	61 214
Purchase Property Plant Equipment		-135 010	-172 641	-24 016	-16 199
Raw Materials Consumables		126 399	186 216	173 665	153 416
Social Security Costs	395 051	356 441	381 431	387 665	300 852
Staff Costs Employee Benefits Expense		4 010 162	4 048 584	4 149 492	3 086 735
Taxation Including Deferred Taxation Balance Sheet Subtotal		285 800	302 900	318 400	179 200
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit			-38 534
Tax Increase Decrease From Effect Capital Allowances Depreciation		-143 409
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings					14 465
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		18 663	12 826	12 968	17 809
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward		27 317		38 513
Tax Tax Credit On Profit Or Loss On Ordinary Activities		-53 526	17 100	15 500	-246 488
Total Assets Less Current Liabilities	4 083 781	3 733 225		3 266 286	2 583 591	1 641 756	1 498 786	1 829 812	1 535 912	1 084 044
Total Borrowings				10 087	110 833
Total Operating Lease Payments				280 724	221 223
Trade Creditors Trade Payables		1 030 107	1 137 971	884 847	842 370	920 975	828 169	757 099	614 300	555 950
Trade Debtors Trade Receivables		2 361 408	2 271 349	1 743 178	1 326 466	1 397 447	1 451 726	871 594	1 039 213	909 997
Turnover Revenue		10 263 580	10 698 597	11 035 665	7 946 736
Wages Salaries	3 606 331	3 511 778	3 466 902	3 544 571	2 660 686
Work In Progress	72 230	126 392	105 219	43 504
Company Contributions To Defined Benefit Plans Directors		16 146	18 416	18 428	6 906
Further Item Director Remuneration Benefits Component Total Director Remuneration Benefits Excluding Payments To Third Parties		15 354	14 012	23 430
Total Fees To Auditors	5 500
Advances Credits Directors		10 071
Advances Credits Made In Period Directors		5 780
Advances Credits Repaid In Period Directors		20 000
Company Contributions To Money Purchase Schemes Directors	10 302	8 800
Compensation For Loss Office Directors	17 026	15 354
Director Remuneration Benefits Including Payments To Third Parties	157 400	128 932
Accruals Deferred Income Within One Year	250 248	202 994
Adjustment For Prior Periods Leading To An Increase Decrease In Tax Charge		-111 676
Commitments Under Non-cancellable Operating Leases Land Buildings	-243 800	-279 844
Commitments Under Non-cancellable Operating Leases Other Items	-106 300	-97 346
Corporation Tax Due Within One Year	28 844	1 240
Corporation Tax Recoverable Current Asset	6 035	119 060
Creditors Due After One Year	1 541 015	1 046 125
Creditors Due Within One Year	2 573 293	3 122 192
Depreciation Tangible Fixed Assets Expense	366 386	408 192
Difference Between Accumulated Depreciation Amortisation Capital Allowances	227 650	313 100
Expenses Not Deductible For Tax Purposes	19 787	18 663
Foreign Currency Translation Gain Loss Recognised In Profit Loss	-194	-1 194
Gain Loss From Disposal Tangible Fixed Assets	-768	28 293
Increase Decrease In Net Cash For Period	695 889	64 641
Increase Decrease In U K Corporation Tax Arising From Adjustment For Prior Periods		-111 676
Intangible Fixed Assets Aggregate Amortisation Impairment		76 927
Intangible Fixed Assets Cost Or Valuation		76 927
Interest Payable Similar Charges	129 108	135 357
Interest Receivable On Short-term Investments Loans Deposits	788	356
Land Buildings Operating Leases Expiring Between Two Five Years	-222 500	-279 844
Land Buildings Operating Leases Expiring Within One Year	-21 300
Loans From Directors	6 187
Net Assets Liability Excluding Pension Asset Liability	2 315 116	2 401 300
Net Debt Funds	1 621 887	1 191 638
Net Increase Decrease In Shareholders Funds	46 767	86 184
Number Shares Allotted		75 000
Obligations Under Finance Lease Hire Purchase Contracts After One Year	1 541 015	1 046 125
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	554 132	554 132
Other Creditors Due Within One Year	658 201	1 180 832
Other Interest Receivable Similar Income	788	356
Other Operating Income	112 500	187 500
Other Operating Leases Expiring Between Two Five Years	-65 664	-77 719
Other Operating Leases Expiring Within One Year	-40 636	-19 627
Other Taxation Social Security Within One Year	102 126	150 631
Pension Costs	252 417	157 297
Pensions Costs Defined Contribution Schemes	252 417	157 297
Percentage Subsidiary Held		100
Prepayments Accrued Income Current Asset	399 114	407 502
Profit Loss For Period	64 767	104 184
Provisions Charged Credited To Profit Loss Account During Period		58 150
Provisions For Liabilities Charges	227 650	285 800
Share Capital Allotted Called Up Paid	75 000	75 000
Staff Costs	4 253 799	4 025 516
Stocks Raw Materials Consumables	145 453	126 399
Tangible Fixed Assets Additions		135 010
Tangible Fixed Assets Cost Or Valuation	6 600 970	6 567 480
Tangible Fixed Assets Depreciation	2 975 355	3 283 340
Tangible Fixed Assets Depreciation Charged In Period	-216 836	408 192
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		100 207
Tangible Fixed Assets Disposals		168 500
Taxation Expense Credit	174 307	28 953
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	-14 555	-10 132
Tax On Profit Or Loss On Ordinary Activities	8 009	-53 526
Total Dividend Payment	18 000	18 000
Total U K Foreign Current Tax After Adjustments Relief	27 809	-111 676
Trade Creditors Within One Year	973 555	1 030 107
Turnover Gross Operating Revenue	10 205 725	10 263 580
U K Current Corporation Tax On Income For Period	27 809
Utilisation Tax Losses		-27 317