Lts Global Solutions Limited in Birmingham, B46 1DS

Description

Data updated on: 01-11-2023

This company is located in Birmingham with reg. no. 04441395. The company was set up in 2002. The main office of this firm is located at Unit 2 Rowan Way Hams Hall Distribution Park Coleshill. The area code for this location is B46 1DS. The firm known today as Lts Global Solutions Limited, was previously registered as Lts Distribution. The change has occurred in Wednesday 24th November 2021. This company's classified under the NACE and SIC code 49410 which means Freight transport by road. The business most recent annual accounts describe the period up to 2023-03-31 and the latest annual confirmation statement was filed on 2023-10-04.

Lts Distribution Ltd is a large-sized transport company with the licence number OD1028783. The firm has two transport operating centres in the country. In their subsidiary in Birmingham on 46 Tilton Road, 40 machines and 30 trailers are available. The centre in Sutton Coldfield on Prologis Park Midpoint has 22 machines and 8 trailers.

Mirza B. and David H. are registered as the enterprise's directors and have been doing everything they can to make sure everything is working correctly since Monday 1st January 2018. Moreover, the director's responsibilities are constantly supported by a secretary - Rachel H., who was officially appointed by this company 2 years ago.

Previous company's names
Lts Global Solutions Limited 2021-11-24
Lts Distribution Limited 2002-05-17

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-05-31	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	231 616	250 119	266 204	301 119	306 235	316 347

Balance Sheet
Cash Bank On Hand						16 977	3 010	65 520	68 680	183 936	573 228	760 376	1 017 480
Current Assets	479 126	554 345	760 699	915 598	1 062 059	1 281 343	1 318 851	1 514 373	1 626 001	1 091 900	2 420 483	3 389 562	4 453 408
Debtors	416 789	509 665	663 835	761 015	868 365	1 179 366	1 230 841	1 351 103	1 459 571	787 214	1 701 505	2 468 436	3 292 943
Net Assets Liabilities						316 347	334 898	482 892	427	89 226	440 083	934 189	1 672 091
Other Debtors									194 836	171 576	161 294	237 984	681 742
Property Plant Equipment						541 270	683 887	853 037	452 087	431 105	190 678	507 249	1 036 118
Total Inventories						85 000	85 000	97 750	97 750	120 750	145 750	160 750
Cash Bank In Hand	3 612		61 864	69 583	108 694	16 977
Intangible Fixed Assets	30 000	30 000
Net Assets Liabilities Including Pension Asset Liability	231 616	250 119	266 204	301 119	306 235	316 347
Stocks Inventory	58 725	44 680	35 000	85 000	85 000	85 000
Tangible Fixed Assets	107 281	111 505	375 960	338 174	337 245	541 270

Capital & Reserves
Called Up Share Capital	2	2	2	2	100	100
Profit Loss Account Reserve	231 614	250 117	266 202	301 117	306 135	316 247
Shareholder Funds	231 616	250 119	266 204	301 119	306 235	316 347

Other Financial Data
Audit Fees Expenses												10 500	13 745
Accrued Liabilities Deferred Income												17 397	123 403
Accumulated Depreciation Impairment Property Plant Equipment						203 447	205 172	205 172	205 172	244 196	135 806	180 207	171 242
Additions Other Than Through Business Combinations Property Plant Equipment										25 795	18 340	360 972	671 429
Administrative Expenses												1 574 815	2 377 822
Amounts Owed By Group Undertakings												661 858	684 873
Amounts Owed By Related Parties											650 000	661 858
Average Number Employees During Period									61	57	49	57	64
Bank Borrowings												581 149	437 052
Bank Borrowings Overdrafts									3 202		516 683	463 724	284 417
Cash Cash Equivalents Cash Flow Value											573 228	760 376	1 017 480
Cash Receipts From Sales Interests In Associates												-9 400
Comprehensive Income Expense												605 215	836 919
Corporation Tax Payable												63 354	73 806
Cost Sales												8 005 842	7 517 328
Creditors						1 506 266	1 667 840	1 884 518	1 842 497	69 002	522 028	665 782	623 409
Current Tax For Period												63 354	73 806
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences												89 692	132 169
Depreciation Impairment Expense Property Plant Equipment												44 401	84 914
Disposals Property Plant Equipment									8 250
Dividends Paid												111 109	99 017
Dividends Paid Classified As Financing Activities												-111 109	-99 017
Dividends Paid On Shares Interim												111 109	99 017
Finance Lease Liabilities Present Value Total												202 058	338 992
Finance Lease Payments Owing Minimum Gross												275 213	492 010
Finished Goods Goods For Resale												15 000	27 859
Fixed Assets	137 281	141 505	120 243	338 174	337 245	541 270	683 887	853 037	870 282
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities												18 851	144 097
Further Item Tax Increase Decrease Component Adjusting Items												5 411	-6 276
Future Minimum Lease Payments Under Non-cancellable Operating Leases									865 600	703 300	568 050	586 250	7 511 070
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss												-47 723	-30 191
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables												-563 236	-639 492
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables												776 331	824 507
Gain Loss In Cash Flows From Change In Inventories												15 000	-17 765
Income Taxes Paid Refund Classified As Operating Activities												-135 786	-58 523
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation												-187 148	-257 104
Increase Decrease In Current Tax From Adjustment For Prior Periods												-420	477
Increase From Depreciation Charge For Year Property Plant Equipment							1 725			46 777	30 409	44 401	84 914
Interest Income On Bank Deposits												59	2 240
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss												59	2 240
Interest Paid Classified As Operating Activities												-27 102	-73 026
Interest Payable Similar Charges Finance Costs												27 102	73 026
Interest Received Classified As Investing Activities												-59	-2 240
Net Cash Generated From Operations												-601 931	-1 022 659
Net Current Assets Liabilities	94 335	108 614	145 961	-37 055	-31 010	-224 923	1 318 851	-370 145	-339 798	-272 877	808 082	1 219 063	1 517 892
Net Finance Income Costs												59	2 240
Other Creditors									111 862	69 002	5 345	202 058	1 004 098
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment											138 799		93 879
Other Disposals Property Plant Equipment											367 157		150 525
Other Interest Receivable Similar Income Finance Income												59	2 240
Other Operating Income Format1												18 660	201 706
Other Taxation Social Security Payable									88 670	149 240	345 314	172 511	117 783
Payments Finance Lease Liabilities Classified As Financing Activities												229 578	216 797
Pension Other Post-employment Benefit Costs Other Pension Costs												74 005	71 270
Prepayments Accrued Income												143 796	526 884
Proceeds From Sales Property Plant Equipment													-61 500
Profit Loss												605 215	836 919
Profit Loss On Ordinary Activities Before Tax												758 582	1 038 063
Property Plant Equipment Gross Cost						744 717	889 059	1 058 209	1 075 454	675 301	326 484	687 456	1 207 360
Provisions For Liabilities Balance Sheet Subtotal											36 649	126 341
Purchase Property Plant Equipment												-360 972	-671 429
Staff Costs Employee Benefits Expense												1 947 280	2 328 790
Taxation Including Deferred Taxation Balance Sheet Subtotal												126 341	258 510
Tax Decrease Increase From Effect Revenue Exempt From Taxation												31 724	22 818
Tax Expense Credit Applicable Tax Rate												144 131	197 232
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings												30 322	32 498
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss												5 647	31
Tax Tax Credit On Profit Or Loss On Ordinary Activities												153 367	201 144
Total Additions Including From Business Combinations Property Plant Equipment							144 342	169 150	25 495
Total Assets Less Current Liabilities	231 616	250 119	266 204	301 119	306 235	316 347	2 002 738	482 892	112 289	158 228	998 760	1 726 312	2 554 010
Total Borrowings												463 724	284 417
Total Current Tax Expense Credit												63 675	68 975
Trade Creditors Trade Payables									744 634	514 113	524 710	869 441	1 310 773
Trade Debtors Trade Receivables									1 214 736	615 638	890 211	1 568 594	1 399 444
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment													1 000
Wages Salaries												1 721 652	2 055 979
Company Contributions To Defined Benefit Plans Directors												40 000	40 000
Director Remuneration												90 422	86 287
Director Remuneration Benefits Including Payments To Third Parties												130 422	126 287
Creditors Due Within One Year	384 791	445 731	460 441	952 653	1 093 069	1 506 266
Intangible Fixed Assets Cost Or Valuation	30 000	30 000
Intangible Fixed Assets Increase Decrease From Revaluations			-30 000
Number Shares Allotted		2	2	2	100	100
Par Value Share		1	1	1	1	1
Share Capital Allotted Called Up Paid	2	2	2	2	100	100
Tangible Fixed Assets Additions		14 952	19 888		33 210	271 551
Tangible Fixed Assets Cost Or Valuation	111 601	126 553	439 956	439 956	473 166	744 717
Tangible Fixed Assets Depreciation	4 320	15 048	63 996	101 782	135 921	203 447
Tangible Fixed Assets Depreciation Charged In Period		10 728	11 150	37 786	34 139	67 526

Company staff

Rachel H.

Role: Secretary

Appointed: 08 April 2022

Latest update: 9 March 2024

Mirza B.

Role: Director

Appointed: 01 January 2018

Latest update: 9 March 2024

David H.

Role: Director

Appointed: 01 March 2013

Latest update: 9 March 2024

Leslie N.

Role: Director

Appointed: 30 November 2011

Resigned: 20 November 2020

Latest update: 9 March 2024

Stephen S.

Role: Secretary

Appointed: 20 May 2005

Resigned: 30 November 2011

Latest update: 9 March 2024

Leslie N.

Role: Director

Appointed: 01 March 2004

Resigned: 20 May 2005

Latest update: 9 March 2024

Ashburton Registrars Limited

Role: Nominee Secretary

Appointed: 17 May 2002

Resigned: 17 May 2002

Latest update: 9 March 2024

Lynn N.

Role: Director

Appointed: 17 May 2002

Resigned: 20 November 2020

Latest update: 9 March 2024

Leslie N.

Role: Secretary

Appointed: 17 May 2002

Resigned: 20 November 2020

Latest update: 9 March 2024

Ar Nominees Limited

Role: Nominee Director

Appointed: 17 May 2002

Resigned: 17 May 2002

Latest update: 9 March 2024

People with significant control

The companies that control this firm are: Lts Uk Holdings Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Rugby at Newnham Lane, King's Newnham, CV23 0JT and was registered as a PSC under the registration number 12873032.

Lts Uk Holdings Limited

Address: The Laurels Newnham Lane, King's Newnham, Rugby, CV23 0JT, England

Legal authority Companies Act 2006

Legal form Limited Company

Country registered England

Place registered England And Wales

Registration number 12873032

Notified on 20 October 2020

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Leslie N.

Notified on 3 October 2019

Ceased on 20 November 2020

Nature of control:

over 1/2 to 3/4 of shares

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	18 October 2024
Confirmation statement last made up date	04 October 2023

Annual Accounts 10 January 2013
Start Date For Period Covered By Report	2011-06-01
End Date For Period Covered By Report	2012-05-31
Date Approval Accounts	10 January 2013
Annual Accounts 10 February 2014
Start Date For Period Covered By Report	2012-06-01
End Date For Period Covered By Report	2013-05-31
Date Approval Accounts	10 February 2014
Annual Accounts 10 February 2015
Start Date For Period Covered By Report	2013-06-01
End Date For Period Covered By Report	2014-05-31
Date Approval Accounts	10 February 2015
Annual Accounts 10 January 2016
Start Date For Period Covered By Report	2014-06-01
End Date For Period Covered By Report	2015-05-31
Date Approval Accounts	10 January 2016
Annual Accounts 10 February 2017
Start Date For Period Covered By Report	2015-06-01
End Date For Period Covered By Report	2016-05-31
Date Approval Accounts	10 February 2017
Annual Accounts
Start Date For Period Covered By Report	2016-06-01
End Date For Period Covered By Report	2017-05-31
Annual Accounts
Start Date For Period Covered By Report	2017-06-01
End Date For Period Covered By Report	2018-05-31
Annual Accounts
Start Date For Period Covered By Report	2018-06-01
End Date For Period Covered By Report	2019-05-31
Annual Accounts
Start Date For Period Covered By Report	2019-06-01
End Date For Period Covered By Report	2020-05-31
Annual Accounts
Start Date For Period Covered By Report	2020-06-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Lts Global Solutions Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Rachel H.

Mirza B.

David H.

Leslie N.

Stephen S.

Leslie N.

Ashburton Registrars Limited

Lynn N.

Leslie N.

Ar Nominees Limited

People with significant control

Lts Uk Holdings Limited

Leslie N.

Accounts Documents

Company Vehicle Operator Data

Europa House

Address

City

Postal code

No. of Vehicles

No. of Trailers

Europa House

Address

City

Postal code

No. of Vehicles

No. of Trailers

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