Metal Technology Limited in Antrim, BT41 1AB

Description

Data updated on: 01-11-2023

Metal Technology has been in this business for thirty nine years. Established under company registration number NI018949, the company is considered a Private Limited Company. You may visit the main office of the firm during its opening times under the following address: Steeple Road Industrial Estate Steeple Road,, BT41 1AB Antrim. This business's registered with SIC code 25120, that means Manufacture of doors and windows of metal. Metal Technology Ltd filed its latest accounts for the period up to December 31, 2022. The business most recent annual confirmation statement was submitted on September 1, 2023.

Metal Technology Ltd is a small-sized vehicle operator with the licence number ON1120190. The firm has one transport operating centre in the country. In their subsidiary in Antrim on Steeple Road Industrial Estate, 3 machines are available.

That limited company owes its well established position on the market and unending progress to three directors, specifically Shirley M., Calvin W. and Thomas M., who have been in charge of the firm since 2000.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	5 768 243	6 601 883
Current Assets	13 550 384	16 742 064
Debtors	4 303 318	5 063 253
Net Assets Liabilities	14 447 555	17 075 511
Other Debtors	10 732	20 001
Property Plant Equipment	5 025 287	4 799 805
Total Inventories	3 478 823	5 076 928

Other Financial Data
Audit Fees Expenses	24 000	25 500
Accrued Liabilities Deferred Income	394 985	612 080
Accumulated Amortisation Impairment Intangible Assets	2 110 583	2 554 253
Accumulated Depreciation Impairment Property Plant Equipment	5 740 387	6 030 855
Additions Other Than Through Business Combinations Intangible Assets		494 785
Additions Other Than Through Business Combinations Property Plant Equipment		64 986
Administrative Expenses	5 659 133	6 311 643
Amortisation Expense Intangible Assets	314 087	443 670
Amortisation Impairment Expense Intangible Assets	314 087	443 670
Average Number Employees During Period	78	77
Bank Borrowings	908 333
Bank Borrowings Overdrafts	808 333
Cash Cash Equivalents Cash Flow Value	5 768 243	6 601 883
Corporation Tax Payable	588 306	1 052 333
Cost Sales	9 809 478	12 010 218
Creditors	870 480	24 819
Current Tax For Period	733 026	1 086 100
Depreciation Expense Property Plant Equipment		290 468
Depreciation Impairment Expense Property Plant Equipment	372 723	290 468
Dividends Paid	2 187 500	2 340 500
Dividends Paid Classified As Financing Activities	-2 187 500	-2 340 500
Dividends Paid On Shares Final	2 087 500	2 240 500
Dividends Paid On Shares Interim	100 000	100 000
Finance Lease Liabilities Present Value Total	62 147	24 819
Finance Lease Payments Owing Minimum Gross	111 467	63 069
Finished Goods Goods For Resale	3 478 823	5 076 928
Fixed Assets	7 378 028	7 263 661
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	236 600	908 333
Further Item Tax Increase Decrease Component Adjusting Items	59 676	13 201
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	5 644	-4 139
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	1 230 210	-942 061
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-18 458	759 935
Gain Loss In Cash Flows From Change In Inventories	294 267	1 598 105
Gain Loss On Disposals Property Plant Equipment	16 000
Government Grant Income	86 743
Gross Profit Loss	10 112 825	12 451 033
Income Taxes Paid Refund Classified As Operating Activities	-566 000	-622 073
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	97 381	-833 640
Increase From Amortisation Charge For Year Intangible Assets		443 670
Increase From Depreciation Charge For Year Property Plant Equipment		290 468
Intangible Assets	1 203 934	1 255 049
Intangible Assets Gross Cost	3 314 517	3 809 302
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	8 952	10 649
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	8 350	4 519
Interest Income On Bank Deposits	8 789	15 674
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	8 789	15 674
Interest Paid Classified As Operating Activities	-67 364	-100 508
Interest Payable Similar Charges Finance Costs	67 364	100 508
Interest Received Classified As Investing Activities	-8 789	-15 674
Investments	1 148 807	1 208 807
Investments Fixed Assets	1 148 807	1 208 807
Key Management Personnel Compensation Total	645 815	1 657 833
Net Cash Generated From Operations	-3 705 226	-5 457 549
Net Current Assets Liabilities	7 940 007	9 836 669
Net Finance Income Costs	8 789	15 674
Operating Profit Loss	4 540 435	6 139 390
Other Creditors	721 879	1 259 298
Other Interest Expense	50 062	85 340
Other Interest Receivable Similar Income Finance Income	8 789	15 674
Other Operating Income Format1	86 743
Other Taxation Social Security Payable	898 687	1 170 816
Payments Finance Lease Liabilities Classified As Financing Activities	-91 320	-48 398
Pension Other Post-employment Benefit Costs Other Pension Costs	234 721	267 173
Prepayments Accrued Income	56 298	51 384
Proceeds From Sales Or Maturity Financial Assets Held For Trading Trading Investments	60 000	60 000
Proceeds From Sales Property Plant Equipment	-16 000
Profit Loss	3 748 834	4 968 456
Profit Loss On Ordinary Activities Before Tax	4 481 860	6 054 556
Property Plant Equipment Gross Cost	10 765 674	10 830 660
Purchase Intangible Assets	-491 340	-494 785
Purchase Property Plant Equipment	-127 272	-64 986
Social Security Costs	438 680	528 533
Staff Costs Employee Benefits Expense	4 039 951	4 216 575
Tax Expense Credit Applicable Tax Rate	851 553	1 150 366
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-214 716	-193 884
Tax Increase Decrease From Effect Capital Allowances Depreciation	34 207	32 120
Tax Tax Credit On Profit Or Loss On Ordinary Activities	733 026	1 086 100
Total Assets Less Current Liabilities	15 318 035	17 100 330
Total Borrowings	808 333
Trade Creditors Trade Payables	2 857 200	2 772 618
Trade Debtors Trade Receivables	4 236 288	4 991 868
Turnover Revenue	19 922 303	24 461 251
Wages Salaries	3 366 550	3 420 869
Company Contributions To Defined Benefit Plans Directors	38 593	40 096
Director Remuneration	1 485 032	1 494 986
Director Remuneration Benefits Including Payments To Third Parties	1 523 625	1 535 082

Company staff

Shirley M.

Role: Director

Appointed: 14 December 2000

Latest update: 13 March 2024

Calvin W.

Role: Director

Appointed: 15 November 1985

Latest update: 13 March 2024

Shirley M.

Role: Secretary

Appointed: 15 November 1985

Latest update: 13 March 2024

Thomas M.

Role: Director

Appointed: 15 November 1985

Latest update: 13 March 2024

People with significant control

Thomas M. is the individual who controls this firm, owns over 3/4 of company shares.

Thomas M.

Notified on 1 September 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	15 September 2024
Confirmation statement last made up date	01 September 2023

Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Metal Technology Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Shirley M.

Calvin W.

Shirley M.

Thomas M.

People with significant control

Thomas M.

Accounts Documents

Company Vehicle Operator Data

Metal Technology Ltd

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