Metal Interests Limited in Chichester, PO19 8PR

Description

Data updated on: 01-11-2023

This particular Metal Interests Limited company has been operating on the market for at least 36 years, as it's been founded in 1988. Started with Registered No. 02266590, Metal Interests was set up as a Private Limited Company with office in 3b Spur Road, Chichester PO19 8PR. Its present name is Metal Interests Limited. This company's former clients may remember it also as Metal Interests Properties, which was used until April 29, 2002. This company's SIC and NACE codes are 46720, that means Wholesale of metals and metal ores. Metal Interests Ltd reported its latest accounts for the period that ended on 30th June 2022. Its latest annual confirmation statement was submitted on 14th December 2022.

With regards to this specific company, the full scope of director's responsibilities have so far been executed by Anthony B. who was assigned to lead the company on December 20, 2010. This company had been managed by Roger B. till September 30, 2016. Furthermore another director, including Ian T. quit in 2023. In addition, the director's duties are often backed by a secretary - Ian T., who was officially appointed by this company on October 9, 2013.

Previous company's names
Metal Interests Limited 2002-04-29
Metal Interests Properties Limited 1988-06-10

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-01-31	2017-01-31	2018-01-31	2019-01-31	2020-06-30	2021-06-30	2022-06-30
Currency

Balance Sheet
Cash Bank On Hand	8 614	8 585	5 831	4 393	6 463	7 399	15 930
Current Assets	2 335 337	2 799 534	5 598 060	6 057 026	4 036 768	8 023 035	7 146 573
Debtors	2 100 472	2 427 343	4 917 230	5 614 793	3 732 815	7 296 760	6 565 319
Net Assets Liabilities		569 857	625 892	630 611	554 371	683 718	704 500
Other Debtors	507 654	178 217	971 694	1 004 424	692 111	147 418	277 405
Property Plant Equipment	133 913	152 485	393 708	495 242	568 726	507 816	644 831
Total Inventories	226 251	363 606	674 999	437 840	297 490	718 876	565 324

Other Financial Data
Audit Fees Expenses			6 650	6 800	6 000	6 000	6 100
Director Remuneration			4 950	5 267	4 080	8 565	21 062
Dividend Recommended By Directors				50 000	70 833	89 000	89 000
Accrued Liabilities	45 103	237 826	275 966	183 195	131 331	167 258	321 213
Accumulated Depreciation Impairment Property Plant Equipment	212 806	176 768	199 893	237 322	345 610	383 137	292 080
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss				13 365	-1 231	38 838
Administrative Expenses			658 581	722 877	995 521	592 711	632 019
Amounts Owed To Directors			100 000	100 000
Amounts Owed To Group Undertakings	619 600		7 500	14 096	29 272	35 394	732
Applicable Tax Rate			19	19	19	19	19
Average Number Employees During Period			14	16	17	11	11
Bank Borrowings Overdrafts	626 144	1 071 435	2 415 288	2 941 612	2 013 852	3 890 722	3 584 519
Bank Overdrafts	626 144	1 071 435	2 415 288	2 941 612	2 013 852	3 890 722	3 584 519
Cash Cash Equivalents Cash Flow Value			-2 409 457	-2 937 219	-2 007 389	-3 883 323	-3 568 589
Comprehensive Income Expense			106 035	54 719	-5 407	218 347	109 782
Cost Sales			34 954 652	47 632 510	53 283 282	73 387 272	95 826 382
Creditors	1 970 492	2 382 162	97 888	88 199	41 771	12 906	100 434
Deferred Tax Asset Debtors	115 890	82 998	58 073	44 708	45 939	7 101	19 433
Depreciation Amortisation Expense			34 180	58 283	110 886	77 780	105 595
Depreciation Expense Property Plant Equipment			21 907	24 809	52 027	46 281	86 689
Disposals Decrease In Depreciation Impairment Property Plant Equipment		57 276	11 054	20 851	2 600	42 438	196 652
Disposals Property Plant Equipment		62 367	70 806	27 093	26 000	90 450	251 040
Dividends Paid			50 000	50 000	70 833	89 000	89 000
Dividends Paid Classified As Financing Activities			-50 000	-50 000	-70 833	-89 000	-89 000
Dividends Paid On Shares Interim			50 000	50 000	70 833	89 000	89 000
Finance Lease Liabilities Present Value Total			97 888	88 199	41 771	28 865	67 432
Further Operating Expense Item Component Total Operating Expenses			-15 075	72 047	390	275	-1 046
Future Minimum Lease Payments Under Non-cancellable Operating Leases		50 000	67 942	70 659	89 869	75 250	26 695
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			1 112 490	-46 223	-942 064	1 514 369	-381 785
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			-2 514 812	-710 928	1 883 209	-3 558 403	699 393
Gain Loss On Disposal Assets Income Statement Subtotal			-10 252	2 259	-2 250	-30 260	-888
Gain Loss On Disposals Property Plant Equipment			-10 252	2 259	-2 250	-30 260	-888
Gross Profit Loss			854 000	900 406	1 083 580	848 443	814 308
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-1 346 607	-527 762	929 830	-1 875 934	314 734
Increase Decrease In Property Plant Equipment			71 500	125 818	89 094		138 881
Increase Decrease In Stocks Inventories Finished Goods Work In Progress			311 393	-237 159	-140 350	421 386	-153 552
Increase From Depreciation Charge For Year Property Plant Equipment		21 238	34 179	58 280	110 888	79 965	105 595
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			2 656	8 531	9 024	3 142	3 276
Interest Paid Classified As Operating Activities			-61 803	-100 914	-130 351	-93 142	-128 752
Interest Payable Similar Charges Finance Costs			64 459	109 445	139 375	96 284	132 028
Merchandise	226 251	363 606	674 999	437 840	297 490	718 876	565 324
Net Cash Flows From Used In Financing Activities			-477 370	-25 677	68 862	-316 982	151 701
Net Cash Flows From Used In Investing Activities			285 654	157 555	189 301	49 313	252 066
Net Cash Flows From Used In Operating Activities			1 538 323	395 884	-1 187 993	2 143 603	-718 501
Net Cash Generated From Operations			1 473 864	286 439	-1 327 368	2 047 319	-807 121
Net Current Assets Liabilities	364 845	417 372	330 072	223 568	24 737	186 129	148 856
Number Shares Issued Fully Paid				10 000	10 000	10 000	10 000
Operating Profit Loss			195 419	177 529	132 737	310 061	229 478
Other Creditors	543	446 580	747 414	693 784	254 957	1 106 497	569 597
Other Deferred Tax Expense Credit			24 925	13 365	-1 231	38 838	-12 332
Other Remaining Borrowings			271 108	322 069	483 242	931 961	761 225
Other Taxation Social Security Payable	4 877	5 206	10 072	8 922	8 995	5 956	5 792
Par Value Share				1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities			156 262	24 716	-71 008	-68 199	-214 546
Pension Other Post-employment Benefit Costs Other Pension Costs			3 839	8 640	14 959	7 073	6 182
Prepayments Accrued Income	85 487	190 497	84 913	343 269	360 739	398 764	642 278
Proceeds From Borrowings Classified As Financing Activities			-271 108	-50 961	-161 173	-448 719	-169 905
Proceeds From Sales Property Plant Equipment			-49 500	-8 501	-21 150	-17 753	-53 500
Profit Loss			106 035	54 719	-5 407	218 347	109 782
Profit Loss On Ordinary Activities Before Tax			130 960	68 084	-6 638	213 777	97 450
Property Plant Equipment Gross Cost	346 719	329 253	593 601	732 564	914 336	890 953	936 911
Provisions			-58 073	-44 708	-45 939	-7 101	-19 433
Purchase Property Plant Equipment			-335 154	-166 056	-207 772	-67 066	-296 998
Recoverable Value-added Tax		157 512	63 896	137 217	155 783	985 284	293 560
Social Security Costs			31 281	38 538	46 156	19 286	18 594
Staff Costs Employee Benefits Expense			368 647	455 051	594 056	287 852	271 413
Tax Decrease From Utilisation Tax Losses			-7 671	-9 877	-21 222	58 199	-26 664
Tax Decrease Increase From Effect Revenue Exempt From Taxation				429
Tax Increase Decrease From Effect Capital Allowances Depreciation			-34 543	-22 688	-20 525	12 804	-45 349
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			1 990	304	564	5 749	169
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward			24 925	13 365
Tax Tax Credit On Profit Or Loss On Ordinary Activities			24 925	13 365	-1 231	-4 570	-12 332
Total Additions Including From Business Combinations Property Plant Equipment		44 901	335 154	166 056	207 772	67 066	296 998
Total Assets Less Current Liabilities	498 758	569 857	723 780	718 810	596 142	696 624	804 934
Total Borrowings		1 071 435	2 842 658	3 444 659	2 607 064	4 822 683	4 345 744
Total Operating Lease Payments			65 526	72 047	117 656	82 286	76 664
Trade Creditors Trade Payables	567 321	621 115	1 382 266	1 477 001	1 010 377	1 632 013	1 667 999
Trade Debtors Trade Receivables	1 391 441	1 818 119	3 738 654	4 085 175	2 477 920	5 713 490	5 328 798
Turnover Revenue			35 808 652	48 532 916	54 366 862	74 235 715	96 640 690
Wages Salaries			333 527	407 873	532 941	261 493	246 637
Additional Provisions Increase From New Provisions Recognised							-12 332
Amounts Owed By Group Undertakings					323	323	3 845
Corporation Tax Payable						972
Corporation Tax Recoverable						44 380
Current Tax For Period						-43 408
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws				13 365	-1 231	38 838
Dividend Per Share Interim					7	9	9
Fixed Assets				495 242	571 405	510 495	656 078
Income Taxes Paid Refund Classified As Operating Activities							43 408
Investments Fixed Assets					2 679	2 679	11 247
Investments In Group Undertakings					2 679	2 679	11 247
Other Operating Income Format1					44 678	54 329	47 189
Percentage Class Share Held In Subsidiary					100	100	100
Tax Expense Credit Applicable Tax Rate				12 936	-1 261	40 618	18 516
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit						-44 380