Mineral Insulated Cable Company Limited in Washington, NE38 9BZ

Description

Data updated on: 01-11-2023

Mineral Insulated Cable Company Limited could be contacted at Unit 21 Sedling Road, Wear Industrial Estate in Washington. Its postal code is NE38 9BZ. Mineral Insulated Cable Company has been in this business since the company was set up on 2001-07-26. Its Companies House Reg No. is 04259473. This enterprise's SIC code is 27320 meaning Manufacture of other electronic and electric wires and cables. Mineral Insulated Cable Company Ltd released its latest accounts for the period that ended on 2022-12-31. The company's latest annual confirmation statement was submitted on 2022-11-16.

When it comes to this company's register, since 2021 there have been four directors to name just a few: Michael F., Nicholas M. and Mark L..

Executives with significant control over the firm are: Jerome L. has substantial control or influence over the company. Laurent L. has substantial control or influence over the company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	9 280	14 355	30 643	146 079	96 221	212 009
Current Assets	4 290 844	4 004 475	4 428 637	3 566 632	3 496 075	3 788 734
Debtors	2 435 442	2 222 140	2 338 276	1 701 371	1 689 160	1 552 338
Net Assets Liabilities	1 039 548	734 449	753 312	709 031	991 676	1 097 892
Other Debtors	135 210	166 106	209 681	131 806	291 205	301 707
Property Plant Equipment	380 632	372 089	330 715	320 736	324 456	460 329
Total Inventories	1 846 122	1 767 980	2 059 717	1 719 182	1 710 694	2 024 387

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets	1 494	6 005	6 005	6 005	6 005
Accumulated Depreciation Impairment Property Plant Equipment	48 214	711 416	770 744	837 057	543 611	615 930
Amounts Owed By Group Undertakings	4 269	3 697	5 080
Amounts Owed To Group Undertakings	120 857	411 936	484 419	573 439	545 813	472 514
Average Number Employees During Period	95	96	90	78	65	64
Bank Borrowings Overdrafts	6 743	36 958	15 737	353 333	288 890	263 223
Bank Overdrafts	6 743	36 958	15 737			11 967
Creditors	75 081	56 240	21 394	361 569	288 890	263 223
Finance Lease Liabilities Present Value Total	75 081	56 240	21 394	35 480	7 694
Fixed Assets	393 856	380 802	346 427	336 449	340 244	476 117
Future Minimum Lease Payments Under Non-cancellable Operating Leases	125 287	118 513	117 856	123 978	123 004	137 316
Increase Decrease In Property Plant Equipment		25 842		7 895
Increase From Amortisation Charge For Year Intangible Assets		4 511
Increase From Depreciation Charge For Year Property Plant Equipment		21 916	63 931	66 314	16 771	5 018
Intangible Assets	4 511
Intangible Assets Gross Cost	6 005	6 005	6 005	6 005	6 005
Investments Fixed Assets	8 713	8 713	15 713	15 713	15 788	15 788
Net Current Assets Liabilities	779 678	430 000	428 278	740 031	1 018 731	997 862
Nominal Value Allotted Share Capital	1 780	1 780
Number Shares Issued Fully Paid		1	1	1	1	1
Other Creditors	1 480 842	1 135 773	1 173 432	737 319	811 347	1 204 026
Other Investments Other Than Loans	8 713	8 713	15 713	15 713	15 788	15 788
Other Taxation Social Security Payable	36 141	30 324	35 069	25 976	52 229	58 581
Par Value Share		1	1	1	1	1
Property Plant Equipment Gross Cost	199 695	1 083 505	1 101 458	149 161	868 067	1 076 259
Provisions For Liabilities Balance Sheet Subtotal	58 905	20 113		5 880	78 409	112 864
Total Additions Including From Business Combinations Property Plant Equipment		56 504	25 471	56 335	72 477	208 192
Total Assets Less Current Liabilities	1 173 534	810 802	774 706	1 076 480	1 358 975	1 473 979
Total Borrowings	1 277 919	985 511	960 220	956 656	902 701	964 165
Trade Creditors Trade Payables	1 834 843	1 922 756	2 256 057	1 407 720	993 594	965 117
Trade Debtors Trade Receivables	2 295 963	2 052 337	2 123 515	1 569 565	1 397 955	1 250 631
Bank Borrowings				400 000	355 557	341 890
Disposals Decrease In Depreciation Impairment Property Plant Equipment			4 603		362 203
Disposals Property Plant Equipment			7 518		362 203
Finished Goods				707 426	591 829	705 825
Raw Materials				769 164	816 921	852 672
Work In Progress				242 592	301 944	465 890