Lifeplan Products Limited in Swindon, SN5 8YW

Description

Data updated on: 01-11-2023

1984 signifies the start of Lifeplan Products Limited, a company registered at Units 6-8 Euro Way, Blagrove in Swindon. This means it's been 40 years Lifeplan Products has been on the British market, as it was registered on Tue, 28th Aug 1984. The firm Companies House Registration Number is 01843973 and the company area code is SN5 8YW. The enterprise's classified under the NACE and SIC code 47910 and has the NACE code: Retail sale via mail order houses or via Internet. Lifeplan Products Ltd filed its latest accounts for the period up to 2022-09-30. The latest confirmation statement was released on 2022-11-29.

With three recruitment advertisements since Wednesday 1st November 2017, Lifeplan Products has been an active employer on the job market. On Thursday 22nd February 2018, it started looking for new employees for a Quality Manager post in Lutterworth, and on Wednesday 1st November 2017, for the vacant post of a Marketing & PR Assistant in Lutterworth. So far, they have looked for workers for the Online Sales & Marketing Manager positions.

The following limited company owes its success and constant growth to exactly two directors, namely Daniel T. and Martin T., who have been leading it since December 2022.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-09-30	2023-09-30
Currency

Balance Sheet
Cash Bank On Hand	90 543	50 815	87 341	201 085	107 389	65 855	288 481
Current Assets	2 179 235	3 347 316	3 513 962	3 966 326	4 749 772	2 343 920	3 083 592
Debtors	1 125 506	2 203 697	2 480 575	2 657 410	3 324 603	1 098 676	1 317 832
Net Assets Liabilities	2 084 788	2 248 002	2 641 849	2 766 001	3 290 579	120 085	-409 907
Property Plant Equipment	1 791 599	1 740 417	2 045 621	2 537 696	3 000 438	2 872 543	2 648 260
Total Inventories	963 186	1 092 804	946 046	1 107 831	1 317 780	1 179 389	1 477 279
Other Debtors	9 068	22 640

Other Financial Data
Audit Fees Expenses				8 564	7 500	7 500	10 000
Accrued Liabilities Deferred Income				100 023	137 327
Accumulated Amortisation Impairment Intangible Assets	499 825	574 334	672 839	786 655	956 835	615 352	641 567
Accumulated Depreciation Impairment Property Plant Equipment	793 912	924 253	1 071 475	1 295 479	1 601 092	2 010 669	2 302 746
Additions Other Than Through Business Combinations Intangible Assets					5 278
Additions Other Than Through Business Combinations Property Plant Equipment					608 355
Administrative Expenses				2 205 032	2 347 605	6 864 256	2 201 859
Amortisation Expense Intangible Assets				113 816	20 284	30 013	15 910
Amortisation Impairment Expense Intangible Assets				113 816
Amounts Owed By Group Undertakings	329 708	538 958	1 056 958	1 152 958	1 688 850
Average Number Employees During Period	70	80	79	90	100	90	63
Bank Borrowings	516 323	1 403 294	1 074 654	979 973	411 849	407 685	201 612
Bank Borrowings Overdrafts	470 591	664 360	450 049	828 469	1 771 811	1 685 218	856 148
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment				801 399	763 003
Cash Cash Equivalents Cash Flow Value			87 341	201 085	107 389	65 855
Comprehensive Income Expense				124 152	524 578	-3 670 494	-17 724
Corporation Tax Recoverable	22 000	28 875	36 707	53 000	46 390	237 217	26 857
Cost Sales				5 514 319	7 499 913	7 759 956	5 243 786
Creditors	579 181	1 166 068	1 523 266	1 381 282	2 206 782	1 837 384	894 612
Current Tax For Period				-53 000	-46 390	-266 268
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period				27 500
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				38 000	40 000
Depreciation Expense Property Plant Equipment				159 154	326 484	415 742	292 077
Distribution Costs				97 237	348 121	721 151	408 922
Dividends Paid On Shares				772 851
Finance Lease Liabilities Present Value Total	108 590	101 708	448 612	552 813	308 977	204 877	38 464
Finance Lease Payments Owing Minimum Gross				861 789	308 977	217 455	157 806
Finished Goods Goods For Resale				1 107 831	1 317 780
Fixed Assets	2 322 286	2 400 920	2 770 276	3 312 241	3 919 878	2 958 557	2 708 059
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities				94 681	-1 203 687	-1 688 850
Further Item Deferred Expense Credit Component Total Deferred Tax Expense				27 500
Further Item Tax Increase Decrease Component Adjusting Items				-129 222	-115 216
Future Minimum Lease Payments Under Non-cancellable Operating Leases				134 303	41 206	64 599	66 478
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				-706 796	-270 805	121 899	2 560 114
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				160 542	-137 911	727 904	-342 491
Gain Loss In Cash Flows From Change In Inventories				161 785	209 949
Gain Loss On Disposals Property Plant Equipment				-1 139	9 871
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income				53 695	169 278
Government Grant Income				78 934	36 444
Gross Profit Loss				2 431 383	3 136 722	3 905 691	2 305 098
Income Taxes Paid Refund Classified As Operating Activities				36 707	53 000	75 441
Increase From Amortisation Charge For Year Intangible Assets		74 509	98 505		170 180	228 222	26 215
Increase From Depreciation Charge For Year Property Plant Equipment		161 824	185 617		326 484	415 742	292 077
Intangible Assets	528 993	658 809	722 961	772 851	917 746	86 014	59 799
Intangible Assets Gross Cost	1 028 818	1 233 143	1 395 800	1 559 506	1 874 581	701 366
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				85 013	100 809
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				40 078	42 721	72 230	23 205
Interest Payable Similar Charges Finance Costs				125 091	143 530	271 310	127 229
Investments				1 694	1 694
Investments Fixed Assets	1 694	1 694	1 694	1 694	1 694
Key Management Personnel Compensation Total				455 065	480 282
Net Cash Flows From Used In Operating Activities				-834 148	-264 780	2 252 385	-1 663 005
Net Cash Generated From Operations				-922 532	-355 310	2 056 516	-1 790 234
Net Current Assets Liabilities	351 033	1 022 000	1 427 873	933 576	1 716 017	-703 470	-2 223 354
Net Interest Paid Received Classified As Operating Activities				-125 091	-143 530
Operating Profit Loss				208 048	492 440	-3 679 716	-305 683
Other Creditors	560 458	400 000	20 710	772 502	1 108 604	698 356	3 470 252
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					20 871
Other Disposals Property Plant Equipment					26 000
Other Operating Income Format1				78 934	51 444
Other Taxation Social Security Payable	44 106	203 249	61 131	326 660	77 267	214 633	32 838
Payments Finance Lease Liabilities Classified As Financing Activities				192 562	-117 841	-386 905	-203 414
Pension Other Post-employment Benefit Costs Other Pension Costs				62 850	66 615	83 665	50 551
Prepayments Accrued Income				201 186	141 397
Proceeds From Sales Property Plant Equipment				-18 000	-15 000
Profit Loss				70 457	355 300	-3 664 116	72 276
Profit Loss On Ordinary Activities Before Tax				82 957	348 910	-3 951 026	-575 020
Property Plant Equipment Gross Cost	2 585 511	2 664 668	3 117 096	3 833 175	4 601 530	4 883 212	4 951 006
Provisions For Liabilities Balance Sheet Subtotal	9 350	8 850	33 034	98 534	138 534	297 618
Purchase Intangible Assets				-163 706	-315 075	-270 057
Purchase Property Plant Equipment				-672 579	-608 355	-103 847	-187 794
Staff Costs Employee Benefits Expense				2 269 391	2 765 227	3 709 660	1 855 812
Tax Expense Credit Applicable Tax Rate				15 762	66 293	-750 695	-126 504
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit				-52 744	-45 850
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				59 361	39 483	321 566	6 975
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward				53 843	8 900
Tax Increase Decrease From Other Short-term Timing Differences				38 000	40 000
Tax Tax Credit On Profit Or Loss On Ordinary Activities				12 500	-6 390	-286 910	-647 296
Total Assets Less Current Liabilities	2 673 319	3 422 920	4 198 149	4 245 817	5 635 895	2 255 087	484 705
Total Borrowings	1 374 967	1 584 664	1 743 881	828 469	1 771 811
Total Deferred Tax Expense Credit				65 500	40 000
Total Increase Decrease From Revaluations Property Plant Equipment		20 000	25 000		186 000	184 000	-120 000
Trade Creditors Trade Payables	975 358	905 843	864 893	1 373 085	785 613	1 322 638	1 222 929
Trade Debtors Trade Receivables	680 087	1 494 354	1 208 431	1 250 266	1 447 966	753 838	1 112 523
Turnover Revenue				7 945 702	10 636 635	11 665 647	7 548 884
Wages Salaries				2 206 541	2 698 612	3 310 126	1 660 711
Company Contributions To Defined Benefit Plans Directors				10 445	9 722
Director Remuneration				300 620	345 496	463 843	48 023
Director Remuneration Benefits Including Payments To Third Parties				311 065	363 771
Amount Specific Advance Or Credit Directors							9 255
Amount Specific Advance Or Credit Made In Period Directors							9 255
Number Directors Accruing Benefits Under Defined Benefit Scheme					4	4
Accrued Liabilities			23 977		137 327	102 122	160 405
Additional Provisions Increase From New Provisions Recognised							-677 296
Applicable Tax Rate						19	22
Capital Commitments		85 000	85 000		72 000
Deferred Tax Asset Debtors							77 770
Depreciation Amortisation Expense					491 406	633 308	318 292
Disposals Decrease In Depreciation Impairment Property Plant Equipment		31 485	38 395			6 165
Disposals Intangible Assets			12 840			1 443 272
Disposals Property Plant Equipment		103 418	76 250			6 165
Finished Goods					1 317 780	1 179 389	1 477 279
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax					169 278	173 348	-120 000
Further Item Interest Expense Component Total Interest Expense						32 188
Future Finance Charges On Finance Leases						12 578	3 622
Gain Loss Before Tax On Sale Discontinued Operations						-2 217 454	-142 108
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss						-46 857	-44 244
Income Tax Expense Credit On Components Other Comprehensive Income						179 726	-30 000
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					-93 696	-41 534	222 626
Increase Decrease In Current Tax From Adjustment For Prior Periods						-29 051
Increase Decrease In Property Plant Equipment		97 345	364 000
Increase Decrease In Stocks Inventories Finished Goods Work In Progress					209 949	-138 395	297 890
Interest Expense On Bank Overdrafts					100 809	73 982	16 286
Interest Expense On Loan Capital						92 910	87 738
Interest Paid Classified As Operating Activities					-100 809	-199 080	-104 024
Investments In Group Undertakings		1 694	1 694
Issue Equity Instruments						500 000
Merchandise		1 092 804	946 046
Net Cash Flows From Used In Financing Activities					-549 954	-1 711 188	1 252 585
Net Cash Flows From Used In Investing Activities					908 430	-499 663	187 794
Number Shares Issued Fully Paid			11 087 332			11 087 340	11 087 340
Other Comprehensive Income Expense Net Tax					169 278	-6 378	-90 000
Other Deferred Tax Expense Credit					40 000	-20 642	-647 296
Other Investments Other Than Loans	1 694	1 694			1 694	-1 694
Other Remaining Borrowings		644 307
Par Value Share			0			0	0
Prepayments	84 643	118 870	178 479		141 397	107 621	91 427
Proceeds From Issuing Shares						-500 000
Proceeds From Sales Intangible Assets						-873 567
Provisions		8 850	33 034		138 534	297 618	301 908
Repayments Borrowings Classified As Financing Activities						-90 757	-1 039 916
Social Security Costs						315 869	144 550
Tax Increase Decrease From Effect Capital Allowances Depreciation						90 607	25 535
Total Additions Including From Business Combinations Intangible Assets		204 325	175 497			270 057
Total Additions Including From Business Combinations Property Plant Equipment		162 575	503 676			103 847	187 794
Total Operating Lease Payments					91 443	126 547	110 730
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss						159 084
Disposals Decrease In Amortisation Impairment Intangible Assets						569 705
Gain Loss On Disposal Assets Income Statement Subtotal					9 871
Nominal Value Shares Issued Specific Share Issue						0
Percentage Class Share Held In Subsidiary						100
Proceeds From Borrowings Classified As Financing Activities					-1 203 687