Laidler Steels Limited in West Midlands, DY6 7LE

Description

Data updated on: 01-11-2023

The Laidler Steels Limited business has been operating offering its services for at least 48 years, as it's been founded in 1976. Started with Companies House Reg No. 01292879, Laidler Steels was set up as a Private Limited Company located in Stallings Lane, West Midlands DY6 7LE. This company's Standard Industrial Classification Code is 46900 meaning Non-specialised wholesale trade. Laidler Steels Ltd filed its account information for the financial year up to 2022-09-30. The company's most recent confirmation statement was filed on 2023-08-28.

Laidler Steels Ltd is a small-sized vehicle operator with the licence number OD0181472. The firm has one transport operating centre in the country. In their subsidiary in Kingswinford on Stallings Lane, 5 machines are available.

Having two job advert since 2015/02/02, the firm has been an active employer on the labour market. On 2015/03/04, it was searching for job candidates for a full time Bandsaw Operative position in Kingswinford, and on 2015/02/02, for the vacant position of a full time Lgv Class 2 Lorry Driver in Kingswinford.

Stephen L., Robert L., Amanda F. and Alan L. are registered as the firm's directors and have been cooperating as the Management Board for 7 years. Additionally, the managing director's efforts are constantly assisted with by a secretary - Amanda F., who joined this business 23 years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30
Currency

Balance Sheet
Cash Bank On Hand	2 759 573	2 738 902	1 981 763	2 290 207	3 015 354	4 414 329	5 747 693	7 100 783
Current Assets	4 939 536	5 905 777	5 588 454	5 770 309	6 572 738	9 533 109	11 393 720	11 206 144
Debtors	1 475 125	2 179 132	2 404 369	2 248 841	2 563 161	3 566 604	3 595 622	2 655 218
Net Assets Liabilities	4 267 682	4 768 952	4 631 123	4 878 966	5 327 175	7 608 948	9 429 323	10 022 459
Other Debtors	38 729	58 710	69 555	113 922	146 578	96 399
Property Plant Equipment	229 917	350 002	330 142	323 656	240 853	241 395
Total Inventories	704 838	987 743	1 202 322	1 231 261	994 223	1 552 176	2 050 405	1 450 143

Other Financial Data
Audit Fees Expenses							7 604	9 152
Company Contributions To Money Purchase Plans Directors							5 320	5 747
Director Remuneration							77 200	313 867
Number Directors Accruing Benefits Under Money Purchase Scheme							3	3
Accrued Liabilities Deferred Income							121 572	151 055
Accumulated Depreciation Impairment Property Plant Equipment	654 521	577 648	588 993	597 505	688 714	766 295	53 720	13 237
Administrative Expenses							1 445 333	1 421 009
Applicable Tax Rate							19	25
Average Number Employees During Period	23	23	23	23	23	23	23	22
Cash Cash Equivalents Cash Flow Value							5 747 693
Corporation Tax Payable							152 180	46 721
Cost Sales							12 288 794	11 494 567
Creditors	889 584	1 447 174	1 244 814	1 182 045	1 466 523	2 140 622	2 207 685	1 501 069
Current Tax For Period							422 950	164 473
Depreciation Amortisation Expense							103 928	99 981
Depreciation Expense Property Plant Equipment							103 928	99 982
Disposals Decrease In Depreciation Impairment Property Plant Equipment		143 709	87 811	91 981	18 362	27 855		110 655
Disposals Property Plant Equipment		156 088	93 609	93 242	21 618	52 041		123 174
Dividends Paid							50 000
Dividends Paid Classified As Financing Activities							-50 000
Dividends Paid On Shares Interim							50 000
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables							490 724	-551 156
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables							-29 018	940 404
Gain Loss On Disposal Assets Income Statement Subtotal							33 983	43 542
Gain Loss On Disposals Property Plant Equipment							33 983	43 542
Gross Profit Loss							3 719 459	2 053 491
Income Taxes Paid Refund Classified As Operating Activities							-816 611	-269 932
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation							1 333 364	1 353 090
Increase Decrease In Current Tax From Unrecognised Timing Difference From Prior Period							-3 707	8 238
Increase Decrease In Stocks Inventories Finished Goods Work In Progress							498 229	-600 262
Increase From Depreciation Charge For Year Property Plant Equipment		66 836	99 156	100 493	109 571	105 436		7 895
Net Cash Flows From Used In Financing Activities							80 000	50 000
Net Cash Flows From Used In Investing Activities							77 573	5 409
Net Cash Flows From Used In Operating Activities							-1 490 937	-1 408 499
Net Cash Generated From Operations							-2 307 548	-1 678 431
Net Current Assets Liabilities	4 049 952	4 458 603	4 343 640	4 588 264	5 106 215	7 392 487	9 186 035	9 705 075
Net Interest Received Paid Classified As Investing Activities							-15 492	-133 365
Number Shares Issued Fully Paid			50	50	50	50		50
Operating Profit Loss							2 274 126	632 482
Other Creditors	109 494	105 033	121 941	83 849	122 420	207 129
Other Deferred Tax Expense Credit							-3 707	8 238
Other Interest Receivable Similar Income Finance Income							15 492	133 365
Other Taxation Social Security Payable	258 700	344 027	210 400	219 578	415 993	853 465	19 076	29 600
Par Value Share			1	1	1	1		1
Pension Other Post-employment Benefit Costs Other Pension Costs							22 142	19 454
Prepayments Accrued Income							84 714	177 838
Proceeds From Sales Property Plant Equipment							-34 000	-56 061
Profit Loss							1 870 375	593 136
Profit Loss On Ordinary Activities Before Tax							2 289 618	765 847
Property Plant Equipment Gross Cost	884 438	927 650	919 135	921 161	929 567	1 007 690	319 455	1 061 222
Provisions							21 227	29 465
Provisions For Liabilities Balance Sheet Subtotal	12 187	39 653	42 659	32 954	19 893	24 934	21 227	29 465
Purchase Property Plant Equipment							-127 065	-194 835
Raw Materials							2 050 405	1 450 143
Social Security Costs							97 898	99 957
Staff Costs Employee Benefits Expense							979 228	1 013 873
Tax Decrease Increase From Effect Revenue Exempt From Taxation							6 457	10 886
Tax Expense Credit Applicable Tax Rate							435 027	191 462
Tax Increase Decrease From Changes In Tax Provisions Due To Legislation								-31 623
Tax Increase Decrease From Effect Capital Allowances Depreciation							-7 681	12 353
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss							2 061	3 167
Tax Tax Credit On Profit Or Loss On Ordinary Activities							419 243	172 711
Total Additions Including From Business Combinations Property Plant Equipment		199 300	85 094	95 268	30 024	130 164		1 048
Total Assets Less Current Liabilities	4 279 869	4 808 605	4 673 782	4 911 920	5 347 068	7 633 882	9 450 550	10 051 924
Trade Creditors Trade Payables	521 390	998 114	912 473	878 618	928 110	1 080 028	1 720 986	894 106
Trade Debtors Trade Receivables	1 436 396	2 120 422	2 334 814	2 134 919	2 416 583	3 470 205	3 510 908	2 477 380
Turnover Revenue							16 008 253	13 548 058
Wages Salaries							859 188	894 462
Capital Commitments						88 500