Midtec Products Limited in Ammanford, SA18 3BL

Description

Data updated on: 01-11-2023

Midtec Products is a firm situated at SA18 3BL Ammanford at Unit 3B Clos Fferws. This firm was formed in 2004 and is established under the identification number 05120687. This firm has been actively competing on the British market for 20 years now and the current status is active. Its current name is Midtec Products Limited. This company's former clients may remember the firm also as Net-flues, which was in use until Friday 21st March 2008. This company's principal business activity number is 25990 meaning Manufacture of other fabricated metal products n.e.c.. 2023-03-31 is the last time when the company accounts were reported.

From the information we have gathered, the limited company was established in May 2004 and has so far been led by five directors, and out this collection of individuals four (Hannah J., Thomas J., Stephen J. and Trefor J.) are still functioning.

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

Previous company's names
Midtec Products Limited 2008-03-21
Net-flues Limited 2004-05-06

Financial data based on annual reports

Profit & Loss
Date of Accounts	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
Net Worth	314 295	331 727	263 362

Balance Sheet
Cash Bank On Hand			1 667	927	1 097	1 781	846	41 095	120 043	355 175
Current Assets	391 556	359 876	366 967	375 180	400 460	575 327	512 257	533 693	908 382	1 299 350
Debtors	214 620	161 837	155 350	149 109	176 075	313 449	282 706	243 656	294 711	397 122
Net Assets Liabilities			263 362	187 367	157 019	167 909	87 222	258 972	350 229	588 207
Property Plant Equipment			259 469	188 696	227 543	320 829	291 191	817 926	1 157 669	1 254 242
Total Inventories			209 950	225 144	223 288	260 097	228 705	248 942	493 628	547 053
Cash Bank In Hand		16 917	1 667
Intangible Fixed Assets	154 000	138 600	69 300
Net Assets Liabilities Including Pension Asset Liability	314 295	331 727	263 362
Stocks Inventory	176 936	181 122	209 950
Tangible Fixed Assets	260 149	225 351	259 469

Capital & Reserves
Called Up Share Capital	120 000	120 000	120 000
Profit Loss Account Reserve	194 295	211 727	143 362
Shareholder Funds	314 295	331 727	263 362

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets					173 800	121 000	132 726	144 451	156 177	167 903
Accumulated Depreciation Impairment Property Plant Equipment			274 145	282 938	323 339	333 467	386 818	403 985	239 248	299 161
Additions Other Than Through Business Combinations Property Plant Equipment				30 000		169 307
Bank Overdrafts				163 142	186 837	298 673
Corporation Tax Payable					-26 577
Creditors			331 964	322 627	416 869	114 876	130 641	742 973	911 481	968 601
Finance Lease Liabilities Present Value Total				21 217	35 722	40 655
Fixed Assets	414 149	363 951	328 769	234 896	273 743	419 829	385 721	900 731	1 228 748	1 313 595
Increase From Depreciation Charge For Year Property Plant Equipment				54 048		54 500	53 351	62 673	60 787	80 426
Intangible Assets			69 300	46 200	46 200	99 000	94 530	82 805	71 079	59 353
Intangible Assets Gross Cost					220 000	220 000	227 256	227 256	227 256
Net Current Assets Liabilities	-6 189	30 795	35 003	52 553	-16 409	-102 126	-136 084	125 968	123 359	322 464
Other Creditors					3 752
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				45 255		44 182
Other Disposals Property Plant Equipment				91 980		65 703
Other Taxation Social Security Payable				46 212	56 780	97 686
Property Plant Equipment Gross Cost			533 614	471 634	550 882	654 296	678 009	1 221 911	1 396 917	1 553 403
Provisions For Liabilities Balance Sheet Subtotal			35 654	36 103		34 918	31 774	24 754	90 397	79 251
Total Assets Less Current Liabilities	407 960	394 746	363 772	287 449	257 334	317 703	249 637	1 026 699	1 352 107	1 636 059
Trade Creditors Trade Payables				92 056	160 355	240 439
Trade Debtors Trade Receivables				149 109	176 075	313 449
Amount Specific Advance Or Credit Directors					1	39 597	74 171	57 164	73 489	18 905
Amount Specific Advance Or Credit Made In Period Directors						39 596	70 861	15 162	34 325	63 938
Amount Specific Advance Or Credit Repaid In Period Directors							36 287	32 169	18 000	118 522
Average Number Employees During Period						20	18	19	15	20
Disposals Decrease In Depreciation Impairment Property Plant Equipment								45 506	225 524	20 513
Disposals Property Plant Equipment								50 259	256 192	35 200
Increase Decrease Due To Transfers Between Classes Property Plant Equipment							-18 512
Increase From Amortisation Charge For Year Intangible Assets							11 726	11 725	11 726	11 726
Total Additions Including From Business Combinations Intangible Assets							7 256
Total Additions Including From Business Combinations Property Plant Equipment							42 225	594 161	431 198	191 686
Creditors Due After One Year	46 697	22 164	64 756
Creditors Due Within One Year	397 745	329 081	331 964
Intangible Fixed Assets Aggregate Amortisation Impairment	66 000	81 400	150 700
Intangible Fixed Assets Amortisation Charged In Period		15 400	69 300
Intangible Fixed Assets Cost Or Valuation	220 000	220 000	220 000
Provisions For Liabilities Charges	46 968	40 855	35 654
Tangible Fixed Assets Additions		18 441	103 871
Tangible Fixed Assets Cost Or Valuation	420 902	439 343	533 614
Tangible Fixed Assets Depreciation	160 753	213 992	274 145
Tangible Fixed Assets Depreciation Charged In Period		53 239	60 153
Tangible Fixed Assets Disposals			9 600