Midtherm Laser Limited in Dudley, DY2 0UY

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www.midthermlaser.co.uk

Description

Data updated on: 01-11-2023

1985 signifies the launching of Midtherm Laser Limited, the firm registered at Albion Works, Peartree Lane in Dudley. That would make thirty nine years Midtherm Laser has been in the UK, as it was founded on 1985-01-11. Its registration number is 01876393 and the company post code is DY2 0UY. twenty four years ago the company changed its registered name from Midland Thermal Equipment to Midtherm Laser Limited. The enterprise's SIC and NACE codes are 25990: Manufacture of other fabricated metal products n.e.c.. The business latest annual accounts describe the period up to December 31, 2022 and the most recent confirmation statement was filed on May 16, 2023.

On 3rd July 2014, the corporation was seeking a Laser Operative to fill a full time vacancy in the engeneering in Dudley, Midlands. Midtherm Laser needed candidates with under one year of professional experience. To apply for the job, the candidates were asked to or call the enterprise on its phone number: 0121 550 6667including job offer code RH003MIDL.

There seems to be a number of three directors managing the firm at present, specifically Mark H., Richard A. and Catherine B. who have been executing the directors tasks since May 2021. Furthermore, the managing director's duties are often supported by a secretary - Catherine B., who was selected by this specific firm in November 2000.

Previous company's names
Midtherm Laser Limited 2000-11-21
Midland Thermal Equipment Ltd 1985-01-11

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	681 709	661 572	720 607	828 780	657 930

Balance Sheet
Cash Bank In Hand	215 185	44 597	66 357	99 133	103 479
Cash Bank On Hand					103 479	94 711	64 276	157 023	148 434	95 021	163 794	134 394
Current Assets	1 125 567	1 162 845	1 218 309	1 384 201	956 997	1 145 786	1 371 830	1 595 492	1 305 234	1 335 201	1 710 272	1 736 083
Debtors	771 173	1 001 653	1 042 500	1 164 023	724 698	924 255	1 183 386	1 253 558	1 018 700	1 139 159	1 360 042	1 422 326
Net Assets Liabilities					657 930	626 702	764 346	900 750	976 846	756 193	965 979	1 059 431
Net Assets Liabilities Including Pension Asset Liability	681 709	661 572	720 607	828 780	657 930
Other Debtors					37 224	43 009	48 194	113 594	126 717	116 663	103 555	109 865
Property Plant Equipment					2 415 525	2 077 593	1 835 270	1 656 707	2 542 170	2 263 548	2 009 015	2 720 266
Stocks Inventory	139 209	116 595	109 452	121 045	128 820
Tangible Fixed Assets	888 168	2 694 031	2 516 474	2 580 036	2 415 525
Total Inventories					128 820	126 820	124 168	184 911	138 100	101 021	186 436	179 363

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	681 609	661 472	720 507	828 680	657 830
Shareholder Funds	681 709	661 572	720 607	828 780	657 930

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					1 699 163	2 039 968	2 306 662	2 441 472	2 594 379	3 015 893	3 366 026	3 374 789
Average Number Employees During Period						40	43	46	47	48	48	47
Bank Borrowings					325 087	303 443	280 874	257 451	233 207	257 647	225 079	187 684
Bank Borrowings Overdrafts					303 443	279 554	257 451	77 093	139 766	225 131	187 653	149 569
Capital Commitments								1 238 500
Creditors					669 202	447 254	329 653	239 597	1 160 062	1 075 236	828 785	1 389 323
Creditors Due After One Year	379 385	925 515	837 702	831 044	669 202
Creditors Due Within One Year	905 509	2 201 879	2 147 257	2 244 623	2 024 775
Disposals Decrease In Depreciation Impairment Property Plant Equipment							19 956	8 225	347 895		7 129	423 422
Disposals Property Plant Equipment							29 296	11 800	412 855		12 330	484 060
Finance Lease Liabilities Present Value Total					365 759	167 700	72 202	162 504	1 020 296	215 218	208 973	391 624
Future Minimum Lease Payments Under Non-cancellable Operating Leases					57 735	58 507	84 941	39 464	25 604	25 064	12 635	17 733
Increase Decrease In Property Plant Equipment								225 000	1 333 835			1 194 550
Increase From Depreciation Charge For Year Property Plant Equipment						340 805	286 650	243 130	500 802	421 514	357 262	521 328
Net Current Assets Liabilities	220 058	-1 039 034	-928 948	-860 422	-1 067 778	-987 299	-717 284	-408 745	-263 744	-330 289	-53 947	-109 634
Number Shares Allotted		100	100	100	100
Other Creditors					565 480	481 496	382 230	302 711	197 713	160 138	160 102	362 612
Other Taxation Social Security Payable					78 987	92 708	127 300	118 928	111 348	109 599	130 834	143 996
Par Value Share		1	1	1	1				0	0	0	0
Property Plant Equipment Gross Cost					4 114 688	4 117 561	4 141 932	4 098 179	5 136 549	5 279 441	5 375 041	6 095 055
Provisions For Liabilities Balance Sheet Subtotal					20 615	16 338	23 987	107 615	141 518	101 830	160 304	161 878
Provisions For Liabilities Charges	47 132	67 910	29 217	59 790	20 615
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment								-100 095
Secured Debts	529 324	1 704 515	1 608 299	1 569 131	1 403 492
Share Capital Allotted Called Up Paid	100	100	100	100	100
Tangible Fixed Assets Additions		2 157 003	286 471	536 304	240 723
Tangible Fixed Assets Cost Or Valuation	1 919 660	3 598 308	3 807 927	3 891 541	4 114 688
Tangible Fixed Assets Depreciation	1 031 492	904 277	1 291 453	1 311 505	1 699 163
Tangible Fixed Assets Depreciation Charged In Period		220 865	440 321	393 820	399 674
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		348 080	53 145	373 768	12 016
Tangible Fixed Assets Disposals		478 355	76 852	452 690	17 576
Total Additions Including From Business Combinations Property Plant Equipment						2 873	53 667	270 296	1 451 225	142 892	107 930	1 293 217
Total Assets Less Current Liabilities	1 108 226	1 654 997	1 587 526	1 719 614	1 347 747	1 090 294	1 117 986	1 247 962	2 278 426	1 933 259	1 955 068	2 610 632
Total Borrowings					1 403 492	1 233 051	981 764	866 289	1 697 448	1 635 962	1 075 184	1 819 062
Total Increase Decrease From Revaluations Property Plant Equipment								-302 249
Trade Creditors Trade Payables					1 101 971	1 336 933	1 460 663	1 303 542	946 137	1 148 019	1 226 884	909 370
Trade Debtors Trade Receivables					687 474	881 246	1 135 192	1 139 964	891 983	1 022 496	1 256 487	1 312 461
Nominal Value Shares Issued Specific Share Issue									0
Number Shares Issued Fully Paid									2 500	2 500	2 500	2 500