Midland Building Products Limited in Brickhouse Lane West Bromwich, B70 0DH

Description

Data updated on: 01-11-2023

The date the firm was started is 1990-12-05. Started under company registration number 02565308, this company is registered as a Private Limited Company. You may visit the main office of the firm during business hours at the following location: Unit 10 Spartan Industrial Centre, B70 0DH Brickhouse Lane West Bromwich. The firm's SIC and NACE codes are 16230 which stands for Manufacture of other builders' carpentry and joinery. 2022-03-31 is the last time account status updates were filed.

Midland Building Products Ltd is a small-sized vehicle operator with the licence number OD0257860. The firm has one transport operating centre in the country. In their subsidiary in West Bromwich on Unit 10, 7 machines are available.

On 2015/10/12, the firm was employing a Trainee CNC Operator to fill a full time position in West Bromwich, Midlands. They offered an overtime with salary £14625 per year. The offered job position required no experience and a GCSE. Applicants for the job were asked to contact the company at the following email address: angela.zarelli@mbp.co.ukincluding reference code UKD01.

Council Solihull Metropolitan Borough Council can be found among the counter parties that cooperate with the company. In 2011, this cooperation amounted to at least 2,041 pounds of revenue. Cooperation with the Solihull Metropolitan Borough Council council covered the following areas: Children & Education Services.

The following business owes its success and permanent improvement to five directors, who are Michael F., Daniel F., Thomas M. and 2 other directors who might be found below, who have been running the company since June 2023. Furthermore, the managing director's assignments are constantly supported by a secretary - Jason V., who was chosen by the business in November 2019.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	1 873 551	2 455 588	2 280 010	2 950 089	2 911 594
Current Assets	8 292 531	7 971 767	7 082 597	10 277 503	11 241 401
Debtors	5 625 942	4 711 175	4 044 352	6 150 560	6 690 315
Net Assets Liabilities	1 876 691	2 477 071	2 941 937	3 510 635	4 374 497
Other Debtors	706 114	584 911	336 983	1 316 089	1 342 904
Property Plant Equipment	1 201 281	1 123 946	817 937	781 748	761 955
Total Inventories	793 038	805 004	758 235	1 176 854	1 639 492

Other Financial Data
Audit Fees Expenses	12 000	12 000	12 000	13 000	17 000
Accrued Liabilities Deferred Income	342 685	135 800	143 587	200 062	290 727
Accumulated Depreciation Impairment Property Plant Equipment	2 662 977	3 106 596	3 444 498	3 703 359	3 693 387
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		4 486	38 475	52 289
Additions Other Than Through Business Combinations Property Plant Equipment		423 980	200 688	420 714	332 176
Administration Support Average Number Employees	55	61	57	59	65
Administrative Expenses	5 611 034	5 296 033	5 090 261	6 154 592	7 096 665
Amounts Owed By Group Undertakings Participating Interests			98 598
Amounts Owed To Group Undertakings Participating Interests			198 058	198 058	198 058
Amount Specific Bank Loan			270 000	700 000	600 000
Applicable Tax Rate	19	19	19	19	19
Average Number Employees During Period	102	120	121	131	145
Bank Borrowings Overdrafts			81 000	259 921	264 719
Capital Commitments	136 776	31 346	38 415	34 731	23 787
Comprehensive Income Expense	571 586	600 380	1 514 866	1 618 698	1 913 862
Corporation Tax Payable	173 067	154 847	448 416	333 639	484 560
Cost Inventories Recognised As Expense Net Write Downs Reversals	12 081 232	12 084 767	10 503 784	13 457 147	16 046 949
Cost Sales	12 857 939	13 058 208	11 336 622	14 577 656	17 407 638
Creditors	7 321 032	6 321 185	7 142 115	9 313 846	9 836 897
Current Tax For Period	173 067	154 847	433 376	333 763	513 763
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws				35 726
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-5 222	-3 118	-38 899	7 620	-156 276
Deferred Tax Liabilities	155 151	152 033	113 134	156 480	204
Depreciation Expense Property Plant Equipment	328 123	481 353	503 045	444 188	351 969
Distribution Average Number Employees	10	10	7	5	8
Distribution Costs	931 307	917 045	730 812	899 428	1 029 727
Dividend Declared Payable	520 000		1 050 000	1 050 000	1 050 000
Dividend Income From Associates				205 000
Dividends Paid	520 000		1 050 000	1 050 000	1 050 000
Dividends Paid Classified As Financing Activities	200 000	520 000		1 050 000	1 050 000
Dividends Received Classified As Operating Activities				205 000	193 000
Finished Goods Goods For Resale	793 038	805 004	364 803	555 313	610 385
Fixed Assets		1 123 946	3 995 437	3 959 248	3 905 955
Further Item Interest Expense Component Total Interest Expense			3 418	39 756	38 295
Future Minimum Lease Payments Under Non-cancellable Operating Leases	564 000	376 000	188 000
Gain Loss On Disposals Other Non-current Assets					54 000
Gain Loss On Disposals Property Plant Equipment	14 507	9 600	68 620	67 985	22 000
Gross Profit Loss	5 271 372	5 389 626	5 706 024	7 081 337	8 277 608
Income Taxes Paid Refund Classified As Operating Activities	-109 302	-173 067	-139 807	-448 540	-362 842
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	923 886	582 037	-175 578	670 079	-38 495
Increase Decrease In Deferred Tax Liability From Amount Recognised In Profit Or Loss	-5 222	-3 118	-38 899	43 346	-156 276
Increase From Depreciation Charge For Year Property Plant Equipment		481 353	503 045	444 188	351 969
Interest Paid Classified As Operating Activities			3 418	39 756	64 928
Interest Payable Similar Charges Finance Costs			3 418	39 756	64 928
Interest Received Classified As Operating Activities	16 831	4 508	526	130	14 649
Investment Income Net Amounts Written Off Back To Investments				205 000	193 000
Investments Fixed Assets			3 177 500	3 177 500	3 144 000
Key Management Personnel Compensation Total	1 634 195	1 239 740	1 139 139	1 775 740	2 005 503
Marketing Average Number Employees			7	7	8
Net Assets Liabilities Associates			542 442	612 781	674 449
Net Cash Flows From Used In Financing Activities	-200 000	-520 000	810 000	-505 700	-1 309 921
Net Cash Flows From Used In Investing Activities	-365 924	-394 418	-3 305 916	-340 014	-222 676
Net Cash Flows From Used In Operating Activities	1 489 810	1 496 455	2 320 338	1 515 793	1 494 102
Net Cash Generated From Operations	1 582 281	1 665 014	2 463 037	1 798 959	1 714 223
Net Current Assets Liabilities	971 499	1 650 582	-59 518	963 657	1 404 504
Nominal Value Allotted Share Capital	30 000	30 000	30 000	30 000	30 000
Number Shares Issued Fully Paid		30 000	30 000	30 000	30 000
Operating Profit Loss	708 093	738 001	1 843 615	1 762 448	2 052 628
Other Creditors	2 551 359	2 688 299	2 110 243	3 075 239	3 528 035
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		37 734	165 143	185 327	361 941
Other Disposals Property Plant Equipment		57 696	168 795	198 042	361 941
Other Interest Receivable Similar Income Finance Income	16 831	4 508	526	130	14 649
Other Investments Other Than Loans			3 177 500	3 177 500	3 144 000
Other Operating Income Format1	1 979 062	1 561 453	1 958 664	1 735 131	1 901 412
Other Provisions Balance Sheet Subtotal	140 938	145 424	151 848	161 411	106 098
Other Taxation Social Security Payable	648 620	505 828	312 421	844 080	774 680
Par Value Share		1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	68 221	94 012	92 472	114 542	127 777
Percentage Class Share Held In Associate			20	20	20
Prepayments Accrued Income	164 380	87 172	111 080	112 187	196 285
Proceeds From Borrowings Classified As Financing Activities			810 000	700 000
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments					87 500
Proceeds From Sales Property Plant Equipment	31 083	29 562	72 272	80 700	22 000
Production Average Number Employees	37	49	50	60	64
Profit Loss	571 586	600 380	1 514 866	1 618 698	1 913 862
Profit Loss From Continuing Operations Associates			343 865	195 340	161 668
Profit Loss On Ordinary Activities Before Tax	739 431	752 109	1 909 343	1 995 807	2 271 349
Property Plant Equipment Gross Cost	3 864 258	4 230 542	4 262 435	4 485 107	4 455 342
Provisions	140 938	145 424	151 848	161 411	106 098
Provisions For Liabilities Balance Sheet Subtotal	296 089	297 457	264 982	317 891	106 302
Provisions Used			16 580	24 307
Purchase Financial Investments Other Than Trading Investments			3 177 500
Purchase Property Plant Equipment	397 007	423 980	200 688	420 714	332 176
Raw Materials Consumables		419 429	393 432	621 541	1 029 107
Repayments Borrowings Classified As Financing Activities				155 700	259 921
Revenue From Sale Goods	18 129 311	18 447 834	17 042 646	21 658 993	25 685 246
Social Security Costs	475 992	458 801	418 190	573 135	636 520
Staff Costs Employee Benefits Expense	4 663 932	4 959 921	4 599 557	5 802 855	6 630 062
Taxation Including Deferred Taxation Balance Sheet Subtotal	155 151	152 033	113 134	156 480	204
Tax Expense Credit Applicable Tax Rate	140 492	142 901	362 775	379 203	431 556
Tax Increase Decrease From Effect Capital Allowances Depreciation			38 899	-18 758	-21 041
Tax Increase Decrease From Effect Expenses Not Deductible For Tax Purposes Other Than Goodwill Amortisation Impairment	27 353	11 946	31 702	12 268	139 918
Tax Tax Credit On Profit Or Loss On Ordinary Activities	167 845	151 729	394 477	377 109	357 487
Total Assets Less Current Liabilities	2 172 780	2 774 528	3 935 919	4 922 905	5 310 459
Total Current Tax Expense Credit	167 845	151 729	433 376	333 763	513 763
Total Deferred Tax Expense Credit			-38 899	43 346	-156 276
Total Operating Lease Payments	188 000	188 000	188 000	188 000	188 000
Trade Creditors Trade Payables	3 085 301	2 836 411	2 798 390	3 352 847	3 246 118
Trade Debtors Trade Receivables	4 755 448	4 039 092	3 497 691	4 722 284	5 151 126
Turnover Revenue	18 129 311	18 447 834	17 042 646	21 658 993	25 685 246
Unused Provision Reversed			15 471	18 419	55 313
Wages Salaries	4 119 719	4 407 108	4 308 259	5 115 178	5 865 765
Director Remuneration	950 210	755 720	651 126	649 757	563 649
Dividend Recommended By Directors			35	35	35
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3	3	3	3

Latest update: 9 May 2024

Peter M.

Role: Director

Resigned: 02 May 2023

Latest update: 9 May 2024

People with significant control

Executives with significant control over the firm are: Thomas M. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Jason V. has 1/2 or less of voting rights.

Thomas M.

Notified on 2 May 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Jason V.

Notified on 2 May 2023

Nature of control:

1/2 or less of voting rights

Martyn F.

Notified on 28 February 2021

Ceased on 1 April 2023

Nature of control:

1/2 or less of voting rights

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	25 May 2024
Confirmation statement last made up date	11 May 2023

Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	31 March 2023

Trainee CNC Operator in West Bromwich, posted on Monday 12th October 2015
Region / City	Midlands, West Bromwich
Industry	Uncategorised manufacturing services
Salary	£7.50 per hour
Work hours	Overtime
Job type	full time
Career level	none
Education level	a GCSE (Scottish or equivalent)
Application by email	angela.zarelli@mbp.co.uk
Job reference code	UKD01

Year / Transaction date	Council / Department / Transaction ID	No. of trans.	Total trans. value
2011	Solihull Metropolitan Borough Council	2	£ 2 040.50
2011-02-01	2906754		£ 1 244.50	Children & Education Services
2011-07-20	10941991		£ 796.00	Children & Education Services

Midland Building Products Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Michael F.

Daniel F.

Thomas M.

Jason V.

Adrian W.

Jason V.

Martyn F.

Kenneth C.

John V.

John V.

Peter M.

People with significant control

Thomas M.

Jason V.

Martyn F.

Accounts Documents

Company Vehicle Operator Data

Spartan Industrial Centre

Address

City

Postal code

No. of Vehicles

Jobs and Vacancies at Midland Building Products Ltd

Company filings

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