Lloret Control Systems Limited in Coulsdon, CR5 2HR

Description

Data updated on: 01-11-2023

Lloret Control Systems Limited has been prospering in this business for fourty one years. Registered with number 01745436 in 1983, the firm is based at Lloret House, Coulsdon CR5 2HR. This company has been on the market under three different names. The initial listed name, Commtech Services, was switched on 1994-02-22 to Commtech Control Systems. The current name, in use since 2000, is Lloret Control Systems Limited. This enterprise's Standard Industrial Classification Code is 43290 which means Other construction installation. The company's latest annual accounts describe the period up to 2022/12/31 and the most current annual confirmation statement was released on 2023/07/05.

The information detailing this specific enterprise's MDs shows there are four directors: Cara Y., Darren L., Raymond S. and Stig S. who were appointed to their positions on 2020-10-01, 2014-01-09 and 1994-10-20.

Previous company's names
Lloret Control Systems Limited 2000-01-19
Commtech Control Systems Limited 1994-02-22
Commtech Services Limited 1983-08-11

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-12-31	2014-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	2 164 226	2 405 005

Balance Sheet
Cash Bank On Hand			566 982	877 148	691 288	809 245
Current Assets	3 306 434	4 043 065	4 896 953	4 870 171	5 917 667	6 310 406
Debtors	3 069 903	3 783 328	4 329 971	3 993 023	5 226 379	5 501 161
Net Assets Liabilities			2 953 682	1 236 930	1 110 890	1 990 842
Other Debtors	207		190 000	3 169	108 433	54 300
Property Plant Equipment			575 840	395 021	228 694	165 327
Cash Bank In Hand	108 531	117 737
Stocks Inventory	128 000	142 000
Tangible Fixed Assets	125 563	204 727
Trade Debtors	2 709 959	3 537 931

Capital & Reserves
Called Up Share Capital	20	20
Profit Loss Account Reserve	2 164 206	2 404 985
Shareholder Funds	2 164 226	2 405 005

Other Financial Data
Audit Fees Expenses			20 400	20 400	30 000	33 000
Accrued Liabilities Deferred Income			793 697	977 358	2 407 283	2 677 559
Accumulated Depreciation Impairment Property Plant Equipment			831 155	934 866	997 058	970 525
Additions Other Than Through Business Combinations Property Plant Equipment						25 595
Administrative Expenses	1 973 409	2 230 755	2 538 281	2 139 868	2 157 085	2 432 573
Amounts Owed By Group Undertakings			214 058	586 068	202 170	113 208
Amounts Owed To Parent Entities				830 926	830 926	155 926
Amounts Recoverable On Contracts			67 300	177 385	314 005	156 896
Average Number Employees During Period			63	58	49	53
Bank Borrowings Overdrafts				536 364	287 500	137 500
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment			6 517	5 332	33 382
Corporation Tax Recoverable				258 286	145 198	145 000
Cost Sales	5 856 820	8 156 552	8 261 753	6 969 326	8 611 590	8 949 400
Creditors			92 109	557 904	287 500	137 500
Deferred Tax Asset Debtors			9 461		234
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period				48 928		-5 922
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws					7 497	-1 944
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-40 061	33 204	-31 474	10 351
Depreciation Expense Property Plant Equipment			93 908	88 938	100 197
Dividends Paid				1 845 005	900 000
Dividends Paid On Shares Interim				1 845 005	900 000
Finance Lease Liabilities Present Value Total			92 109	21 540	8 455
Finance Lease Payments Owing Minimum Gross			209 818	89 708	8 455
Further Item Interest Expense Component Total Interest Expense						90
Further Item Tax Increase Decrease Component Adjusting Items			7 625	7 625	7 625	6 722
Future Minimum Lease Payments Under Non-cancellable Operating Leases			720 000	600 000	509 734	379 215
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss			-23	-551	-1 648	-6 423
Gain Loss On Disposals Property Plant Equipment			38 513	2 906	-6 449
Government Grant Income			4 500	242 790	23 450
Gross Profit Loss	2 208 233	2 563 266	2 714 056	2 067 813	2 893 365
Increase From Depreciation Charge For Year Property Plant Equipment				167 506	122 452	88 962
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings			12 745		5 614
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			8 212	9 762	4 133
Interest Payable Similar Charges Finance Costs			38 155	9 762	9 747	16 931
Net Current Assets Liabilities	2 001 141	2 206 867	2 469 951	1 423 556	1 169 696	1 965 266
Operating Profit Loss	234 824	332 511	180 275	170 735	759 730
Other Deferred Tax Expense Credit						-5 922
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				63 795	60 260	115 495
Other Disposals Property Plant Equipment				77 108	104 135	115 495
Other Interest Expense			17 198
Other Interest Receivable Similar Income Finance Income			3	484
Other Operating Income Format1			4 500	242 790	23 450	1 000
Other Taxation Social Security Payable			342 640	554 666	117 258	126 767
Pension Other Post-employment Benefit Costs Other Pension Costs			151 587	184 573	107 549	122 744
Prepayments Accrued Income			84 734	87 479	94 312	125 117
Profit Loss			182 184	128 253	773 960	879 952
Profit Loss On Ordinary Activities Before Tax	236 504	329 082	142 123	161 457	749 983	882 437
Property Plant Equipment Gross Cost			1 406 995	1 329 887	1 225 752	1 135 852
Research Development Expense Recognised In Profit Or Loss				-384 072	-145 201
Social Security Costs	297 397	330 612	369 647	324 756	305 248
Staff Costs Employee Benefits Expense			3 132 190	2 794 211	2 871 182	3 204 647
Taxation Including Deferred Taxation Balance Sheet Subtotal				23 743		2 251
Tax Expense Credit Applicable Tax Rate			27 003	30 677	142 497	167 663
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit			-112 021	-72 974	-27 588	-27 550
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings			3 600	4 643
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			14 111	7 376	9 486	17 606
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward			19 000
Tax Tax Credit On Profit Or Loss On Ordinary Activities			-40 061	33 204	-23 977	2 485
Total Assets Less Current Liabilities	2 186 704	2 471 594	3 045 791	1 818 577	1 398 390	2 130 593
Total Deferred Tax Expense Credit				33 204	-23 977	2 485
Total Operating Lease Payments			120 000	120 000	120 735
Trade Creditors Trade Payables			1 171 081	932 050	1 234 049	1 234 888
Trade Debtors Trade Receivables			3 764 418	2 880 636	4 362 027	4 906 640
Turnover Revenue			10 975 809	9 037 139	11 504 955
Wages Salaries	2 423 809	2 774 548	2 610 956	2 284 882	2 458 385	2 725 230
Company Contributions To Defined Benefit Plans Directors			10 891	18 336	10 292
Director Remuneration			459 273	418 501	278 705	302 899
Director Remuneration Benefits Including Payments To Third Parties	114 089	48 533	470 164	436 837	288 997	313 397
Total Fees To Auditors	7 000	6 960
Company Contributions To Money Purchase Schemes Directors	12 000	85 000
Accruals Deferred Income Within One Year	343 341	57 779
Amounts Owed By Group Undertakings Other Participating Interests	236 694	123 702
Amounts Owed To Parent Undertaking Within One Year	98 238	103 566
Cash Flow Outflow Before Management Liquid Resources Financing	134 704	52 335
Corporation Tax Due Within One Year	69 475	88 303
Creditors Due After One Year	22 478	66 589
Creditors Due Within One Year	1 305 293	1 836 198
Depreciation Tangible Fixed Assets Expense	76 205	94 163
Expenses Not Deductible For Tax Purposes	16 197	19 974
Fixed Assets	185 563	264 727
Foreign Currency Translation Gain Loss Recognised In Profit Loss		-772
Gain Loss From Disposal Tangible Fixed Assets	-3 000	-21 750
Increase Decrease In Net Cash For Period	134 900	9 206
Intangible Fixed Assets Aggregate Amortisation Impairment		12 000
Intangible Fixed Assets Cost Or Valuation		12 000
Interest Payable Similar Charges	5 832	7 929
Investments Fixed Assets	60 000	60 000
Land Buildings Operating Leases Expiring After Five Years	-60 000	-60 000
Long-term Contracts Net Cost Less Foreseeable Losses	128 000	142 000
Net Debt Funds	41 024	11 311
Number Shares Allotted		20
Obligations Under Finance Lease Hire Purchase Contracts After One Year	22 478	66 589
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	45 029	62 459
Other Creditors Due Within One Year	466	1 025
Other Interest Receivable	7 512	4 500
Other Interest Receivable Similar Income	7 512	4 500
Other Taxation Social Security Within One Year	114 088	386 399
Par Value Share		1
Pension Costs	98 970	182 845
Pensions Costs Defined Contribution Schemes	98 970	182 845
Prepayments Accrued Income Current Asset	123 043	121 695
Profit Loss For Period	167 029	240 779
Share Capital Allotted Called Up Paid	20	20
Short-term Borrowing Charges Including Bank Interest	286	-546
Staff Costs	2 820 176	3 288 005
Tangible Fixed Assets Additions		173 327
Tangible Fixed Assets Cost Or Valuation	407 160	538 487
Tangible Fixed Assets Depreciation	281 597	333 760
Tangible Fixed Assets Depreciation Charged In Period	-37 312	94 163
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		42 000
Tangible Fixed Assets Disposals		42 000
Taxation Expense Credit	83 034	69 475
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	-54 396	-69 107
Tax On Profit Or Loss On Ordinary Activities	69 475	88 303
Total U K Foreign Current Tax After Adjustments Relief	69 475	88 303
Trade Creditors Within One Year	634 656	1 136 667
Turnover Gross Operating Revenue	8 065 053	10 719 818
U K Current Corporation Tax	-69 475	-88 303
U K Current Corporation Tax On Income For Period	69 475	88 303