Massey Wilcox Transport Limited in Radstock, BA3 4JW

Description

Data updated on: 01-11-2023

Registered as 01255311 48 years ago, Massey Wilcox Transport Limited was set up as a Private Limited Company. Its actual registration address is Broadway, Chilcompton Radstock. This business's SIC code is 52103 and their NACE code stands for Operation of warehousing and storage facilities for land transport activities. 2022-05-31 is the last time when the accounts were reported.

Massey Wilcox Transport Ltd is a large-sized transport company with the licence number OH0140688. The firm has three transport operating centres in the country. In their subsidiary in Bristol on Unit 2, 10 machines and 20 trailers are available. The centre in Radstock on Broadway has 35 machines and 60 trailers, and the centre in Radstock on Emborough is equipped with 50 machines and 50 trailers.

Christopher S. and Robert W. are registered as the enterprise's directors and have been monitoring progress towards achieving the objectives and policies since June 2019. In order to support the directors in their duties, this business has been utilizing the skills of Christopher S. as a secretary for the last five years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-05-31	2016-05-31	2017-05-30	2018-05-31	2019-05-31	2020-05-31	2021-05-31
Currency

Balance Sheet
Cash Bank On Hand		170 573	159 875	160 694	177 232	281 778	1 028 445
Current Assets		2 715 265	2 796 688	3 198 945	3 191 313	3 077 899	4 822 999
Debtors		2 526 817	2 615 676	3 014 046	2 994 433	2 785 524	3 786 632
Net Assets Liabilities	-735 762	4 217 354	4 766 415	5 434 735	5 950 034	6 491 070	7 648 883
Other Debtors			87 599	234 898	157 580	79 629	39 441
Property Plant Equipment		10 182 345	10 320 083	10 394 880	10 494 419	10 764 505	10 786 036
Total Inventories		17 875	21 137	24 205	19 648	10 597	7 922

Other Financial Data
Audit Fees Expenses		7 800	7 920	8 040	9 180	8 240	8 000
Other Non-audit Services Fees							2 950
Accumulated Depreciation Impairment Property Plant Equipment		5 548 958	5 825 199	6 044 649	6 407 747	5 985 329	5 809 638
Additional Provisions Increase From New Provisions Recognised							561 334
Additions Other Than Through Business Combinations Property Plant Equipment							1 123 451
Administration Support Average Number Employees						17	21
Administrative Expenses		2 287 427	2 481 343	2 559 242	2 838 317	2 909 187	3 283 289
Amounts Owed To Related Parties						213 502	39 957
Amount Specific Bank Loan						1 848 810	2 039 477
Applicable Tax Rate		20	20	19	19	19	19
Average Number Employees During Period		109	107	109	108	113	116
Balances Amounts Owed To Related Parties							80 000
Balances With Banks						281 778	1 028 445
Bank Borrowings		3 524 377	3 249 067	3 252 788	2 879 830	2 797 233	2 175 094
Carrying Amount Property Plant Equipment Pledged As Security For Liabilities						2 446 463	2 923 435
Cash Cash Equivalents Cash Flow Value		-338 495	-392 697	-544 377	-432 222	269 999
Cost Sales		7 326 247	7 621 432	8 011 100	8 863 462	8 903 385	9 276 660
Creditors	919 703	5 205 628	4 559 929	4 051 312	3 514 066	4 078 671	3 367 954
Current Tax For Period		102 291	126 303	132 762	84 088	15 631	141 413
Decrease In Loans Owed By Related Parties Due To Loans Repaid						-20 029	-173 545
Deferred Tax Assets						485 551	1 031 518
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws							238 116
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences						111 882	561 334
Deferred Tax Liabilities						54 732	39 364
Depreciation Amortisation Expense		589 959	687 597	705 173	765 415	867 126	761 925
Depreciation Expense Property Plant Equipment		319 862	415 527	421 069	442 848	345 452	761 925
Derivative Assets							22 010
Disposals Decrease In Depreciation Impairment Property Plant Equipment			411 356	485 723	402 317	1 289 544	-937 616
Disposals Property Plant Equipment			425 240	502 606	588 764	1 485 783	-1 277 611
Distribution Average Number Employees						96	95
Dividend Income						10 071	14 066
Dividends Received Classified As Investing Activities		-7 125		-3 000	-22 004	-10 071	14 066
Finance Lease Liabilities Present Value Total		1 080 456	880 883	648 706	630 110	1 162 914	1 047 613
Finance Lease Payments Owing Minimum Gross		1 963 180	1 768 986	1 558 580	837 776	1 912 284	2 045 895
Financial Liabilities						288 063	165 688
Fixed Assets		10 192 345	10 330 083	10 404 880	10 504 419	10 774 505	10 818 046
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities						-680 272	-187 287
Further Item Creditors Component Total Creditors						1 025 000	194 409
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables		-94 559	129 887	-226 915	105 770	-155 191	-67 638
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables		-25 421	-88 859	-398 370	19 613	208 909	1 001 108
Gain Loss In Cash Flows From Change In Inventories						-9 051	-2 675
Gain Loss On Disposals Property Plant Equipment		44 130	9 516	14 678	-23 547	-47 239	184 698
Gain Loss On Hedging Instruments Designated As Fair Value Hedges						104 446	144 385
Government Grant Income							97 362
Gross Profit Loss		3 139 824	3 092 300	3 101 199	3 175 426	3 316 502	4 692 206
Income Taxes Paid Refund Classified As Operating Activities		-24 808	-102 291	-126 591	-132 474	-84 088	20 562
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		266 200	-54 202	-151 680	112 155	702 221	746 667
Increase Decrease In Net Debt From Cash Flows							-60 417
Increase From Depreciation Charge For Year Property Plant Equipment			687 597	705 173	765 415	867 126	761 925
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings						246 161	195 024
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts		65 682	62 662	58 577	60 996	50 065	40 953
Interest Income On Bank Deposits							-31
Interest Paid Classified As Financing Activities						-296 226	-235 977
Interest Paid Classified As Operating Activities		-337 126	-308 164	-283 731	-262 713	-246 161	235 977
Interest Payable Similar Charges Finance Costs		402 808	370 826	342 308	323 709	296 226	235 977
Interest Received Classified As Investing Activities						400	-31
Interest Received Classified As Operating Activities						114 917	158 420
Investments Fixed Assets		10 000	10 000	10 000	10 000	10 000	10 000
Investments In Subsidiaries						10 000	10 000
Loans Owed By Related Parties					233 531	213 502	39 957
Net Cash Flows From Used In Financing Activities		187 550	429 689	162 829	424 032	-325 077	-232 597
Net Cash Flows From Used In Investing Activities		760 843	815 785	552 792	737 636	1 069 534	-584 723
Net Cash Flows From Used In Operating Activities		-1 214 593	-1 191 272	-563 941	-1 273 823	-1 446 678	1 563 987
Net Cash Generated From Operations		-1 642 209	-1 664 389	-1 032 840	-1 730 006	-1 826 992	1 584 549
Net Cash Inflow Outflow From Operations Before Movements In Working Capital						1 764 223	2 515 344
Net Current Assets Liabilities		-546 686	-763 483	-638 769	-721 382	226 055	1 190 944
Net Debt Funds						-4 376 044	-3 632 757
New Finance Leases							803 704
Number Shares Issued Fully Paid			40 000	40 000	40 000	40 000	40 000
Operating Profit Loss		1 211 002	948 542	970 698	811 104	849 858	1 938 117
Other Creditors							46 619
Other Finance Income						400
Other Interest Receivable Similar Income Finance Income		74 291	115 227	209 500	128 861	104 846	158 420
Other Inventories						10 597	7 922
Other Operating Income Format1		358 605	337 585	428 741	473 995	442 543	529 200
Other Payables Accrued Expenses						356 861	296 330
Par Value Share			1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities		52 773	-157 442	-181 636	-40 280	427 703	190 667
Payments To Related Parties						121 500	121 500
Pension Costs Defined Contribution Plan						84 280	78 438
Prepayments						447 954	680 772
Proceeds From Sales Property Plant Equipment		-111 900	-23 400	-31 561	-162 900	-149 000	524 693
Profit Loss		735 501	549 061	668 320	515 299	541 036	1 157 813
Profit Loss On Ordinary Activities Before Tax		889 610	692 943	840 890	638 260	668 549	1 860 560
Property Plant Equipment Gross Cost		15 731 303	16 145 282	16 439 529	16 902 166	16 749 834	16 595 674
Provisions		222 677	240 256	280 064	318 937	430 819	992 153
Provisions For Liabilities Balance Sheet Subtotal	-183 941	222 677	240 256	280 064	318 937	430 819	992 153
Purchase Property Plant Equipment		-879 908	-839 219	-796 853	-1 051 401	-1 333 451	-1 123 451
Rental Income From Sub-leases						442 543	431 838
Revenue From Rendering Services						12 219 887	13 968 866
Social Security Costs		225 221	248 432	278 323	306 763	297 929	329 774
Staff Costs Employee Benefits Expense		3 026 110	3 130 535	3 353 839	3 662 830	3 664 472	3 735 952
Taxation Social Security Payable						498 108	378 727
Tax Decrease Increase From Effect Tax Incentives						-19 845	-27 433
Tax Expense Credit Applicable Tax Rate		177 922	137 411	159 769	121 269	127 024	353 506
Tax Increase Decrease From Effect Capital Allowances Depreciation						-97 961	-148 286
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings						111 882	323 219
Tax Increase Decrease From Effect Dividends From Companies						-1 913	-2 673
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss						1 920
Tax Increase Decrease From Effect Rollover Relief On Profit On Disposal Fixed Assets						8 975	-35 093
Tax Increase Decrease From Other Short-term Timing Differences							1 391
Tax Increase Decrease From Other Tax Effects Tax Reconciliation						-2 569
Tax Tax Credit On Profit Or Loss On Ordinary Activities		154 109	143 882	172 570	122 961	127 513	702 747
Total Assets Less Current Liabilities		9 645 659	9 566 600	9 766 111	9 783 037	11 000 560	12 008 990
Total Borrowings		4 033 445	3 801 639	3 957 859	3 489 284	2 809 012	3 202 266
Total Operating Lease Payments		389 747	395 888	431 591	445 921	421 920	92 951
Trade Creditors Trade Payables		901 262	1 014 646	953 588	1 071 695	900 528	1 275 004
Trade Debtors Trade Receivables		1 972 161	1 975 203	2 162 061	2 188 441	2 179 807	3 066 419
Turnover Revenue		10 466 071	10 713 732	11 112 299	12 038 888	12 219 887	13 968 866
Wages Salaries		2 754 524	2 834 215	3 022 616	3 283 880	3 282 263	3 327 740
Company Contributions To Money Purchase Plans Directors							1 163
Director Remuneration		73 667	81 750	88 000	49 000	71 865	71 000
Accrued Liabilities		280 957	269 768	332 350	330 389	356 861
Bank Borrowings Overdrafts		3 279 720	2 948 787	2 881 740	2 491 447	2 627 694
Bank Overdrafts	726 514	509 068	552 572	705 071	609 454	11 779
Comprehensive Income Expense		735 501	549 061	668 320	515 299	541 036
Corporation Tax Payable		102 291	126 303	132 474	84 088	15 631
Further Item Interest Income Component Total Interest Income		40	34	107	128 357	104 446
Future Finance Charges On Finance Leases		58 134	125 963	54 915	46 779	23 139
Gain Loss On Disposal Assets Income Statement Subtotal		44 130	9 516	14 678	-23 547	-47 239
Income From Other Fixed Asset Investments		7 125		3 000	22 004	10 071
Increase Decrease In Current Tax From Adjustment For Prior Periods				288
Increase Decrease In Property Plant Equipment			658 795	586 927	986 807	1 317 656
Increase Decrease In Stocks Inventories Finished Goods Work In Progress		-5 358	3 262	3 068	-4 557	-9 051
Interest Expense On Bank Loans Similar Borrowings		319 390	296 604	273 278	247 389	229 552
Interest Expense On Bank Overdrafts		17 736	11 560	10 453	15 324	16 609
Merchandise		17 875	21 137	24 205	19 648	10 597
Net Interest Received Paid Classified As Investing Activities		-40	-34	-209 500	-128 861	-104 846
Other Deferred Tax Expense Credit		51 818	17 579	39 808	38 873	111 882
Other Investments Other Than Loans		10 000	10 000	10 000	10 000	10 000
Other Taxation Social Security Payable		277 531	305 223	286 177	404 158	498 108
Pension Other Post-employment Benefit Costs Other Pension Costs		46 365	47 888	52 900	72 187	84 280
Prepayments Accrued Income		554 656	640 473	542 616	571 485	447 954
Rental Leasing Income		358 605	337 585	428 741	473 995	442 543
Repayments Borrowings Classified As Financing Activities		-240 230	-275 310	3 721	-372 958	-307 597
Total Additions Including From Business Combinations Property Plant Equipment			839 219	796 853	1 051 401	1 333 451
Proceeds From Borrowings Classified As Financing Activities						-225 000