Wallwork Newcastle Limited in Bury, BL9 0RE

Website

Zoom

www.metaltech.co.uk

Description

Data updated on: 01-11-2023

This particular Wallwork Newcastle Limited firm has been operating on the market for fourty three years, as it's been founded in 1981. Registered under the number 01576003, Wallwork Newcastle was set up as a Private Limited Company located in Lodge Bank Works, Bury BL9 0RE. This firm has a history in name change. Up till now the firm had two other names. Up till 2017 the firm was prospering under the name of Wht Consett and up to that point the registered company name was Metaltech. This enterprise's declared SIC number is 25610 which stands for Treatment and coating of metals. 2023-03-31 is the last time account status updates were filed.

Having three recruitment offers since November 28, 2014, the corporation has been a rather active employer on the employment market. On April 4, 2018, it started employing candidates for a full time Production Operator position in Consett, and on November 28, 2014, for the vacant position of a full time Trainee Laboratory Technician in Consett. As of yet, they have sought employees for the Welder/Fabricator posts.

In order to meet the requirements of its client base, the following company is constantly being taken care of by a number of three directors who are Hamish W., Ian G. and Luke C.. Their outstanding services have been of critical use to the following company since 2017. What is more, the managing director's efforts are often supported by a secretary - Ian C., who was chosen by the following company three years ago.

Previous company's names
Wallwork Newcastle Limited 2017-12-27
Wht Consett Limited 2017-12-22
Metaltech Limited 1981-07-23

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-07-30	2012-07-31	2013-07-30	2013-07-31	2014-07-30	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP

Balance Sheet
Cash Bank On Hand								687 824	630 426	531 005	314	290		109	40
Current Assets	863 513		897 037	897 037	911 472	911 472	976 305	938 669	980 839	1 261 364	638 764	454 149	481 898	664 414	835 821
Debtors	226 238		219 918	219 918	258 368	258 368	290 793	232 832	310 750	690 009	564 195	363 219	426 293	615 128	789 241
Net Assets Liabilities								1 445 705	1 442 494	1 403 882	1 030 461	556 578	339 445	51 018	-144 016
Other Debtors								13 085	17 153	1 250	71 062	61 352	41 324	52 029	56 095
Property Plant Equipment								887 737	884 413	435 521	685 126	1 074 530	1 039 503	978 105	1 094 172
Total Inventories								18 013	39 663	40 350	74 255	90 640	55 605	49 177	46 540
Cash Bank In Hand	617 250		657 394	657 394	633 753	633 753	665 823	687 824
Net Assets Liabilities Including Pension Asset Liability	1 118 334		1 167 355	1 167 355	1 243 884	1 243 884	1 367 146	1 445 705
Stocks Inventory	20 025		19 725	19 725	19 351	19 351	19 689	18 013
Tangible Fixed Assets	705 320	705 320	702 267	702 267	688 960	688 960	873 561	887 737

Capital & Reserves
Called Up Share Capital	5 100		5 100	5 100	5 100	5 100	5 100	5 100
Profit Loss Account Reserve	771 507		827 153	827 153	903 682	903 682	1 026 944	1 105 503

Other Financial Data
Audit Fees Expenses										3 000	3 000
Accrued Liabilities Deferred Income									37 070	85 239	46 460
Accumulated Depreciation Impairment Property Plant Equipment								960 244	1 052 884	1 074 015	1 181 931	1 089 683	1 149 958	1 214 809	1 282 511
Additions Other Than Through Business Combinations Property Plant Equipment									55 343	75 390	357 521	483 086	38 855	51 912	224 458
Administrative Expenses									217 007	267 533	405 414	319 598
Amounts Owed By Group Undertakings										259 090	126 894
Amounts Owed By Related Parties											126 894	126 894	238 353	235 082	119 818
Amounts Owed To Group Undertakings												746 197	962 241	1 321 764	1 741 311
Average Number Employees During Period								24	27	30	28	28	14	15	15
Bank Borrowings								23 019	22 832
Bank Borrowings Overdrafts									22 832
Bank Overdrafts								22 200	22 832
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment								146 783	146 783
Comprehensive Income Expense									73 609	-80 909	-373 421
Corporation Tax Payable								101	12 303
Corporation Tax Recoverable										12 303	5 027	1 656
Cost Sales									1 186 048	953 500	1 623 454	1 239 970
Creditors								313 950	308 821	232 322	240 514	893 478	1 085 863	1 448 458	1 873 999
Current Tax For Period									12 303	-4 371	156
Deferred Tax Asset Debtors														102 518	247 637
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period									6 190
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws											-3 371
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences										-10 959	-4 395
Depreciation Expense Property Plant Equipment									94 764	61 366	107 916
Distribution Costs									16 875	19 636	24 636	30 658
Future Minimum Lease Payments Under Non-cancellable Operating Leases											11 253
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss											50
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income									37 117
Government Grant Income									48 246
Gross Profit Loss									272 680	170 391	-40 349	-222 937
Group Tax Relief Received Paid										12 635	88 532
Increase Decrease In Current Tax From Adjustment For Prior Periods										-7 930
Increase From Depreciation Charge For Year Property Plant Equipment									95 784	61 366	107 916	58 811	60 275	70 316	71 733
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings									1 143	26
Interest Income On Bank Deposits									11		16
Interest Payable Similar Charges Finance Costs									1 143	26
Net Current Assets Liabilities	514 933		541 496	541 496	605 891	605 891	575 509	624 719	672 018	1 029 042	398 250	-439 329	-603 965	-784 044	-1 038 178
Number Shares Issued Fully Paid										100
Operating Profit Loss									87 044	-116 778	-469 579	-573 193
Other Creditors								133 899	106 138		46 460	67 602	57 483	32 069	47 712
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment										40 235		151 059		5 465	4 031
Other Disposals Property Plant Equipment										503 151		185 930	13 607	48 459	40 689
Other Interest Receivable Similar Income Finance Income									11		16
Other Operating Income Format1									48 246		820
Other Taxation Social Security Payable								95 974	95 348	62 620	12 288	9 798	14 990	23 525	13 285
Pension Other Post-employment Benefit Costs Other Pension Costs									24 553	13 652	24 184
Prepayments Accrued Income									14 243	39 733	59 048
Profit Loss									73 609	-80 909	-373 421	-473 883
Profit Loss On Ordinary Activities Before Tax									85 912	-116 804	-469 563	-573 193
Property Plant Equipment Gross Cost								1 847 981	1 937 297	1 509 536	1 867 057	2 164 213	2 189 461	2 192 914	2 376 683
Provisions For Liabilities Balance Sheet Subtotal									113 937	60 681	52 915	78 623	96 093	143 043	200 010
Raw Materials Consumables									39 663	40 350	74 255
Research Development Expense Recognised In Profit Or Loss									4 165
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment									-3 144
Social Security Costs									59 526	39 553	61 578
Staff Costs Employee Benefits Expense									619 515	503 434	793 547
Taxation Including Deferred Taxation Balance Sheet Subtotal									113 937	60 681	52 915
Tax Decrease From Utilisation Tax Losses									5 545
Tax Expense Credit Applicable Tax Rate										-22 193	-89 217
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit									-5 376	-4 039	-4 074
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings										-1 993	-2 854
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings										-1 993
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss									135	260	3
Tax Tax Credit On Profit Or Loss On Ordinary Activities									12 303	-35 895	-96 142	-99 310
Total Assets Less Current Liabilities	1 220 253		1 243 763	1 243 763	1 294 851	1 294 851	1 414 045	1 512 456	1 556 431	1 464 563	1 083 376	635 201	435 538	194 061	55 994
Total Borrowings									22 832
Total Current Tax Expense Credit									12 303	-24 936	-88 376
Total Deferred Tax Expense Credit										-10 959	-7 766
Total Increase Decrease From Revaluations Property Plant Equipment									33 973
Total Operating Lease Payments										7 228	7 360
Trade Creditors Trade Payables								61 776	72 200	84 463	181 766	69 881	51 149	71 100	71 691
Trade Debtors Trade Receivables								219 747	293 597	377 633	361 212	173 317	146 616	225 499	365 691
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment													-396 692	-70 270	-32 726
Turnover Revenue									1 458 728	1 123 891	1 583 105	1 017 033
Wages Salaries									535 436	450 229	707 785
Company Contributions To Defined Benefit Plans Directors									24 553	10 310	13 679
Director Remuneration Benefits Including Payments To Third Parties										61 809	79 098
Capital Employed	1 118 334		1 167 355	1 167 355	1 243 884	1 243 884	1 367 146	1 445 705
Creditors Due After One Year	101 919		76 408	76 408	50 967	50 967	81 924	66 751
Creditors Due Within One Year	348 580		355 541	355 541	305 581	305 581	435 821	313 950
Number Shares Allotted				100		100	100	100
Par Value Share				1		1	1	1
Revaluation Reserve	341 727		335 102	335 102	335 102	335 102	335 102	335 102
Share Capital Allotted Called Up Paid	100		100	100	100	100	100	100
Tangible Fixed Assets Additions				69 500		38 856	236 105	88 744
Tangible Fixed Assets Cost Or Valuation		1 522 783		1 504 165		1 543 021	1 779 126	1 867 870
Tangible Fixed Assets Depreciation		817 463		801 898		854 061	905 565	980 133
Tangible Fixed Assets Depreciation Charged In Period				65 928		52 163	51 504	74 568
Tangible Fixed Assets Depreciation Increase Decrease From Revaluations				-81 493
Tangible Fixed Assets Increase Decrease From Revaluations				-88 118