Milton Pipes Limited in Sittingbourne, ME10 2QF

Description

Data updated on: 01-11-2023

This particular firm is located in Sittingbourne with reg. no. 00755076. This company was registered in the year 1963. The main office of the firm is situated at Church Marsh Off Gas Road Milton Regis. The zip code for this address is ME10 2QF. The company's classified under the NACE and SIC code 68209 and has the NACE code: Other letting and operating of own or leased real estate. Milton Pipes Ltd reported its account information for the period that ended on Friday 30th September 2022. The firm's most recent confirmation statement was released on Saturday 31st December 2022.

1 transaction have been registered in 2010 with a sum total of £504. Cooperation with the Derbyshire County Council council covered the following areas: Materials (capital).

Alan H. is the enterprise's only managing director, that was selected to lead the company fourteen years ago. For nine years Robert S., had been supervising this firm up until the resignation on Monday 1st April 2019. What is more a different director, including Philip B. gave up the position three years ago. In order to support the directors in their duties, the abovementioned firm has been utilizing the skillset of Angela G. as a secretary for the last 3 years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-03-31	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency

Balance Sheet
Cash Bank On Hand	1 336	1 042	318 754	545 382	384 831	407 097
Current Assets	3 883 801	4 069 299	3 370 478	2 699 069	2 894 691	3 284 255
Debtors	3 823 982	4 025 739	3 051 724	2 153 687	2 509 860	2 877 158
Net Assets Liabilities	-340 329	6 152 465	6 550 444	5 632 598	5 951 102	9 500 703
Other Debtors	206 803	180 079	514 314	559 594	691 885	644 597
Property Plant Equipment	148 246	210 223	163 938	163 938	163 938	163 938
Total Inventories	58 483	42 518

Other Financial Data
Accrued Liabilities	524 172	531 125	403 524	379 611	319 455	301 094
Accumulated Depreciation Impairment Property Plant Equipment	407 731	430 095	18 834	18 834	18 834
Administrative Expenses	688 656	1 418 070
Amounts Owed By Group Undertakings	1 616 547	1 942 747	2 051 747	1 469 247	1 759 487	2 206 987
Applicable Tax Rate	20	19
Assumed Percentage Employees Opting For Early Retirement		5
Assumed Rate Increase Pensions In Payment Deferred Pensions	3	4
Average Number Employees During Period		14	10	1	1	2
Bank Overdrafts
Comprehensive Income Expense	-168 707	2 280 794
Cost Sales	7 450 600	12 540 371
Creditors	4 381 708	3 165 057	1 673 972	512 259	463 307	345 740
Cumulative Gain Loss On Remeasurement Defined Benefit Plan Recognised In Other Comprehensive Income	649 000	2 666 000
Current Service Cost Defined Benefit Plan	-90 000	-124 000
Decrease In Assets Defined Benefit Plan From Benefits Paid	-1 283 000	-1 839 000
Decrease Increase In Liabilities Defined Benefit Plan From Remeasurement	-2 667 000	1 662 000
Deferred Tax Asset Debtors		47 500
Deficit Surplus In Defined Benefit Plan	11 010 000	1 862 000
Defined Benefit Liabilities From Plans That Are Wholly Or Partly Funded Present Value	26 502 000	24 087 000
Depreciation Amortisation Expense	20 577	22 364
Depreciation Expense Property Plant Equipment	20 577	22 364
Discount Rate Used Defined Benefit Plan	3	3
Disposals Decrease In Depreciation Impairment Property Plant Equipment			421 089
Disposals Investment Property Fair Value Model		8 331 332
Disposals Property Plant Equipment			466 516
Fair Value Assets Defined Benefit Plan	15 271 000	21 844 000
Fair Value Assets In Defined Benefit Plans Less Present Value Funded Obligations	15 271 000	21 844 000
Finished Goods	58 483	42 518
Fixed Assets	11 167 578	7 110 223	7 063 938	7 063 938	5 043 938	5 043 938
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax	-649 000	2 666 000
Further Operating Expense Item Component Total Operating Expenses	15 045	27 073
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-130 507	235 522
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	114 093	171 943
Gain Loss On Disposal Assets Income Statement Subtotal	7 369
Gain Loss On Disposals Property Plant Equipment	7 369	-769 101
Gross Profit Loss	1 014 201	1 136 895
Income From Related Parties	781 000	6 747 000
Increase Decrease In Assets Defined Benefit Plan From Remeasurement	2 018 000	1 004 000
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	22 922	-294
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	-33 647	-15 965
Increase From Depreciation Charge For Year Property Plant Equipment		22 364	9 828
Increase In Assets Defined Benefit Plan From Contributions By Employer	781 000	6 747 000
Increase In Liabilities Defined Benefit Plan From Interest Expense	784 000	962 000
Interest Expense On Bank Overdrafts	16 431	29 775
Interest Paid Classified As Operating Activities	-16 431	-29 775
Interest Payable Similar Charges Finance Costs	16 431	29 775
Investment Property	11 019 332	6 900 000	6 900 000	6 900 000	4 880 000	4 880 000
Investment Property Fair Value Model	11 019 332	6 900 000	6 900 000	6 900 000	4 880 000
Liabilities Defined Benefit Plan Present Value	26 502 000	24 087 000
Loans Owed By Related Parties	1 354
Loans Owed To Related Parties	-175 657
Net Cash Flows From Used In Financing Activities	-839 733	1 778 373
Net Cash Flows From Used In Investing Activities	987 545	-8 246 991
Net Cash Flows From Used In Operating Activities	-170 734	6 468 912
Net Cash Generated From Operations	-187 165	6 439 137
Net Current Assets Liabilities	-497 907	904 242	1 696 506	2 186 810	2 431 384	2 938 515
Number Shares Issued Fully Paid		32 274
Operating Profit Loss	847 724	507 170
Other Comprehensive Income Expense Net Tax	-649 000	2 666 000
Other Deferred Tax Expense Credit	-153 000	-207 500
Other Finance Costs	354 000	301 000
Other Operating Income Format1	522 179	788 345
Other Remaining Borrowings	694 961	915 288	-23 761
Other Taxation Social Security Payable	45 080	45 674	20 616		1 003	1 003
Par Value Share		1
Payments To Related Parties	7 605 880	5 198 436
Pension Other Post-employment Benefit Costs Other Pension Costs	105 045	151 073
Prepayments	315 797	83 401	30 173	30 619	24 326	25 574
Proceeds From Borrowings Classified As Financing Activities	-2 106 500
Proceeds From Sales Investment Properties		-8 331 332
Proceeds From Sales Property Plant Equipment	-7 369
Profit Loss	480 293	-385 206
Profit Loss On Ordinary Activities Before Tax	327 293	-592 706
Property Plant Equipment Gross Cost	555 977	640 318	182 772	182 772	182 772
Provisions For Amounts Owed By Related Parties	-1 672 500
Provisions For Liabilities Balance Sheet Subtotal			690 000	690 000	355 000	404 000
Purchase Investment Properties	-981 332
Purchase Property Plant Equipment	-13 582	-84 341
Repayments Borrowings Classified As Financing Activities	-1 003 000	-1 672 500
Retirement Benefit Obligations Surplus	11 010 000	1 862 000	1 520 000	2 928 150	1 169 220	-1 922 250
Return On Assets Benefit Plan	2 448 000	1 665 000
Social Security Costs	24 349	47 850
Staff Costs Employee Benefits Expense	373 838	688 493
Tax Expense Credit Applicable Tax Rate	65 459	-112 614
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	-28 621	-289 608
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-153 000	-207 500
Total Additions Including From Business Combinations Property Plant Equipment		84 341	8 970
Total Assets Less Current Liabilities	10 669 671	8 014 465	8 760 444	9 250 748	7 475 322	7 982 453
Total Borrowings	2 367 461	915 288
Trade Creditors Trade Payables	1 444 995	1 672 970	1 273 593	132 648	142 849	35 415
Trade Debtors Trade Receivables	1 684 835	1 772 012	455 490	71 320
Turnover Revenue	8 464 801	13 677 266
Wages Salaries	244 444	489 570
Recoverable Value-added Tax				22 907	34 162