Midland Pallets Limited in Kettering, NN15 6WJ

Description

Data updated on: 01-11-2023

This Midland Pallets Limited business has been operating in this business for at least fourty nine years, as it's been founded in 1975. Started with registration number 01208454, Midland Pallets is a Private Limited Company located in Headlands House 1 Kings Court, Kettering NN15 6WJ. The firm's SIC code is 16290 which stands for Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials. 2023/03/31 is the last time when account status updates were reported.

Midland Pallets Ltd is a small-sized vehicle operator with the licence number OF1031307. The firm has one transport operating centre in the country. In their subsidiary in Wellingborough on Furnace Lane Ind Est, 4 machines are available.

There is a number of four directors supervising this specific company right now, specifically Anthony G., Kevin B., Steven N. and Michael G. who have been doing the directors responsibilities since August 2022. Furthermore, the managing director's efforts are constantly aided with by a secretary - Linda G., who was chosen by this company in 2005.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	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
Net Worth	847 241	861 877	976 724	979 005	1 217 268

Balance Sheet
Cash Bank On Hand					525 336	546 648	521 437	654 789	826 315	969 606	1 272 194	1 564 009
Current Assets	1 142 128	1 318 220	1 231 627	1 391 985	1 435 550	1 339 747	1 545 286	1 732 295	1 753 627	2 134 862	2 917 579	2 868 870
Debtors	534 863	630 301	670 262	850 200	746 467	627 543	821 734	851 345	755 630	912 823	1 438 275	1 036 634
Net Assets Liabilities					1 217 268	1 339 888	1 572 960	1 765 234	1 624 777	1 760 245	2 048 957	1 698 907
Other Debtors					1 000
Property Plant Equipment					658 343	636 357	624 734	637 213	652 592	626 193	668 756	657 344
Total Inventories					163 747	165 556	202 115	226 161	171 682	252 433	207 110	268 227
Cash Bank In Hand	444 805	512 778	433 181	413 480	525 336
Net Assets Liabilities Including Pension Asset Liability	847 241	861 877	976 724	979 005	1 217 268
Stocks Inventory	162 460	175 141	128 184	128 305	163 747
Tangible Fixed Assets	86 077	71 621	599 039	619 266	658 343

Capital & Reserves
Called Up Share Capital	2	2	2	2	2
Profit Loss Account Reserve	847 239	861 875	976 722	979 003	1 217 266
Shareholder Funds	847 241	861 877	976 724	979 005	1 217 268

Other Financial Data
Instalment Debts Falling Due After5 Years		0	205 700	168 244	126 432
Secured Debts		0	343 952	308 496	271 184
Total Fixed Assets Additions		7 477	564 906	83 603	103 469
Total Fixed Assets Cost Or Valuation	365 681	355 438	886 919	909 714	984 420
Total Fixed Assets Depreciation	279 604	283 817	287 880	290 448	326 077
Total Fixed Assets Depreciation Charge In Period		17 958	23 386	30 697	42 820
Total Fixed Assets Depreciation Disposals		-13 745	-19 323	-28 129	-7 191
Total Fixed Assets Disposals		-17 720	-33 425	-60 808	-28 763
Accumulated Depreciation Impairment Property Plant Equipment					326 077	333 669	365 292	365 371	393 732	411 674	417 474	182 745
Additions Other Than Through Business Combinations Property Plant Equipment						39 725	20 000	74 527	62 270	31 993	173 050	30 337
Average Number Employees During Period					31	32	38	41	36	38	35	35
Balances Amounts Owed To Related Parties					27 041	27 562	1 811	255	67	67
Bank Borrowings Overdrafts					36 188	36 188
Corporation Tax Payable					91 948	70 166	87 750	91 650	33 646	30 377	64 184	43
Creditors					603 126	605 213	597 060	604 274	781 442	1 000 810	1 537 378	1 827 307
Depreciation Rate Used For Property Plant Equipment						15	15	15	15	15	15	15
Description Nature Transactions Balances With Related Parties					75 329
Disposals Decrease In Depreciation Impairment Property Plant Equipment						26 980		35 826	10 968	10 113	35 374	267 293
Disposals Property Plant Equipment						54 119		61 969	18 530	40 450	124 687	276 478
Increase From Depreciation Charge For Year Property Plant Equipment						34 572	31 623	35 905	39 329	28 055	41 174	32 564
Net Current Assets Liabilities	766 636	794 541	725 805	672 933	832 424	734 534	948 226	1 128 021	972 185	1 134 052	1 380 201	1 041 563
Other Creditors					38 041	34 357	9 311	6 330	264 074	311 026	603 269	1 271 384
Other Taxation Social Security Payable					90 721	91 054	102 728	134 487	106 354	97 109	174 219	145 011
Property Plant Equipment Gross Cost					984 420	970 026	990 026	1 002 584	1 046 324	1 037 867	1 086 230	840 089
Provisions For Liabilities Balance Sheet Subtotal					2 315
Total Assets Less Current Liabilities	852 713	866 162	1 324 844	1 292 199	1 490 767	1 370 891	1 572 960	1 765 234	1 624 777	1 760 245	2 048 957	1 698 907
Trade Creditors Trade Payables					346 228	373 448	397 271	371 807	377 368	562 298	695 706	410 869
Trade Debtors Trade Receivables					745 467	627 543	821 734	851 345	755 630	912 823	1 438 275	1 036 634
Creditors Due After One Year Total Noncurrent Liabilities		0	343 952	308 496	271 184
Creditors Due Within One Year Total Current Liabilities	375 492	523 679	505 822	719 052	603 126
Fixed Assets	86 077	71 621	599 039	619 266	658 343
Provisions For Liabilities Charges	5 472	4 285	4 168	4 698	2 315
Tangible Fixed Assets Additions		7 477	564 906	83 603	103 469
Tangible Fixed Assets Cost Or Valuation	365 681	355 438	886 919	909 714	984 420
Tangible Fixed Assets Depreciation	279 604	283 817	287 880	290 448	326 077
Tangible Fixed Assets Depreciation Charge For Period		17 958	23 386	30 697	42 820
Tangible Fixed Assets Depreciation Disposals		-13 745	-19 323	-28 129	-7 191
Tangible Fixed Assets Disposals		-17 720	-33 425	-60 808	-28 763