Motherwell Holdings Limited in West Thurrock, RM20 3LB

Description

Data updated on: 01-11-2023

The enterprise called Motherwell Holdings was registered on 2003-11-07 as a Private Limited Company. This company's head office can be gotten hold of in West Thurrock on Solus 31, Motherwell Way. If you need to get in touch with this firm by post, the area code is RM20 3LB. The official registration number for Motherwell Holdings Limited is 04956739. This company's principal business activity number is 70100 - Activities of head offices. 2022-12-31 is the last time the accounts were filed.

Due to the following enterprise's growth, it was imperative to find further company leaders: James H. and Andrew H. who have been participating in joint efforts since 2003 for the benefit of the following company. To help the directors in their tasks, the abovementioned company has been utilizing the skillset of James H. as a secretary since 2003.

Executives with significant control over the firm are: Andrew H. owns over 1/2 to 3/4 of company shares . James H. owns 1/2 or less of company shares.

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	4 075 933	2 301 382	3 606 352
Current Assets	6 151 638	6 415 397	8 091 037
Debtors	8 715 548	8 715 548	8 715 548
Net Assets Liabilities	8 716 172	8 716 172	8 716 172
Other Debtors	269 908	1 733 579	1 880 558
Total Inventories	448 326	540 483	499 208

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets	210 855	210 855	210 855
Accumulated Depreciation Impairment Property Plant Equipment	64 290	64 290	64 997
Additions Other Than Through Business Combinations Property Plant Equipment		26 936	16 972
Administration Support Average Number Employees	37	29	30
Administrative Expenses	5 554 527	5 406 271	5 784 612
Amounts Owed By Related Parties	8 715 548	8 715 548	8 715 548
Amounts Owed To Related Parties	1	1	1
Applicable Tax Rate	19	19	19
Average Number Employees During Period	77	60	59
Balances Amounts Owed By Related Parties	8 715 548	8 715 548	8 715 548
Balances Amounts Owed To Related Parties	52 656	1	1
Balances With Banks	368 967	209 972	268 552
Bank Borrowings	3 413 096	1 402 752	8 222 908
Capital Commitments		3 368 435
Carrying Amount Property Plant Equipment Pledged As Security For Liabilities	6 448 000	15 152 817	18 312 570
Cash Cash Equivalents	4 075 933	2 301 382	3 606 352
Cash Cash Equivalents Cash Flow Value	4 075 933	2 301 382
Cash On Hand	280	273	179
Cost Sales	597 897	496 686	369 410
Creditors	4 220 752	1 634 098	8 222 908
Current Tax For Period	349 059	437 198	317 411
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws			546 513
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-35 531	-53 532	546 642
Deferred Tax Liabilities	713 185	713 185	938 401
Depreciation Amortisation Expense	978 272	964 957	937 637
Depreciation Expense Property Plant Equipment	675 611	724 743	764 426
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-26 277	-77 054
Disposals Property Plant Equipment		-35 035	-83 668
Distribution Average Number Employees	35	26	24
Finance Lease Liabilities Present Value Total	557 873	630 990	256 137
Finance Lease Payments Owing Minimum Gross	1 347 708	887 127	256 137
Finished Goods Goods For Resale	448 326	540 483	499 208
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	292 936	1 624 527	4 298 052
Further Item Debtors Component Total Debtors	87 720	519 880	614 694
Future Minimum Lease Payments Under Non-cancellable Operating Leases	658 000	673 000	750 627
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-8 506	434 087	223 734
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-254 075	1 513 993	317 131
Gain Loss In Cash Flows From Change In Inventories	80 413	92 157	-41 275
Gain Loss On Disposals Property Plant Equipment	41 080	2 242	21 011
Government Grant Income	361 034	59 951
Gross Profit Loss	6 757 940	7 292 186	7 615 590
Income Taxes Paid Refund Classified As Operating Activities	161 256	808 123	663 579
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	1 759 630	-1 774 551	1 304 970
Increase Decrease In Existing Provisions		-53 531	546 642
Increase From Depreciation Charge For Year Property Plant Equipment		29 578	707
Intangible Assets Gross Cost	210 855	210 855	210 855
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	81 942	99 532	322 957
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss	-3 118	1 802	126
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	66 705	55 326	54 796
Interest Income On Bank Deposits	11 989	8 673	36 391
Interest Paid Classified As Financing Activities	-145 529	-156 660	-371 578
Interest Paid Classified As Operating Activities	145 529	156 660	377 879
Interest Payable Similar Charges Finance Costs	145 529	156 660	377 879
Interest Received Classified As Investing Activities	19 396	43 541	80 508
Interest Received Classified As Operating Activities	19 396	43 541	80 508
Investments Fixed Assets	625	625	625
Investments In Subsidiaries	625	625	625
Minimum Operating Lease Payments Recognised As Expense	658 000	658 000	745 233
Net Cash Flows From Used In Financing Activities	-1 024 109	543 568	2 844 964
Net Cash Flows From Used In Investing Activities	246 860	-3 267 972	-3 587 647
Net Cash Flows From Used In Operating Activities	2 536 879	949 853	2 047 653
Net Cash Generated From Operations	2 698 135	1 757 976	2 711 232
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	2 532 979	2 930 039	2 763 354
Net Current Assets Liabilities	8 715 547	8 715 547	8 715 547
Nominal Value Allotted Share Capital	5 001 001	5 001 001	5 001 001
Number Shares Issued Fully Paid	5 001 001	5 001 001	5 001 001
Operating Profit Loss	1 595 787	1 967 324	1 846 728
Other Creditors	61 484	9 178	9 328
Other Departments Average Number Employees	5	5	5
Other Finance Income	7 407	34 868	44 117
Other Interest Receivable Similar Income Finance Income	19 396	43 541	80 508
Other Operating Income Format1	392 374	81 409	15 750
Other Payables Accrued Expenses	504 260	693 953	682 996
Ownership Interest In Subsidiary Percent	100	100	100
Par Value Share		1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-835 803	-588 585	-577 403
Payments To Related Parties	38	110 000	125 000
Pension Costs Defined Contribution Plan	53 133	44 640	47 241
Prepayments	277 577	261 682	321 824
Proceeds From Sales Property Plant Equipment	253 202	11 000	27 625
Profit Loss	1 156 126	1 470 539	685 304
Profit Loss Attributable To Owners Parent	1 156 126	1 470 539	685 304
Profit Loss On Ordinary Activities Before Tax	1 469 654	1 854 205	1 549 357
Property Plant Equipment Gross Cost	64 290	64 290	81 262
Provisions	1 784 024	1 730 493	2 277 135
Provisions For Liabilities Balance Sheet Subtotal	1 784 024	1 730 493	2 277 135
Purchase Property Plant Equipment	-25 738	-3 322 513	-3 695 780
Rental Income From Sub-leases	31 340	21 458	15 750
Repayments Borrowings Classified As Financing Activities	-335 713	-335 714	-504 107
Revenue From Rendering Services	6 938 009	7 292 715	7 549 937
Revenue From Sale Goods	417 828	496 157	435 063
Short-term Deposits Classified As Cash Equivalents	3 706 686	2 091 137	3 337 621
Social Security Costs	211 776	212 415	246 373
Staff Costs Employee Benefits Expense	2 505 836	2 301 555	2 493 858
Taxation Social Security Payable	505 542	326 766	376 660
Tax Expense Credit Applicable Tax Rate	279 234	352 299	294 378
Tax Increase Decrease From Effect Capital Allowances Depreciation	32 949	30 881	22 488
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 345	486	674
Tax Tax Credit On Profit Or Loss On Ordinary Activities	313 528	383 666	864 053
Total Assets Less Current Liabilities	23 894 804	22 725 158	30 545 914
Total Borrowings	4 220 752	1 634 098	8 222 908
Trade Creditors Trade Payables	128 013	603 812	788 299
Trade Debtors Trade Receivables	992 174	1 058 391	1 168 401
Turnover Revenue	7 355 837	7 788 872	7 985 000
Unpaid Contributions To Pension Schemes	9 699	9 376	9 536
Wages Salaries	2 240 927	2 044 500	2 200 244
Amount Specific Advance Or Credit Directors	269 908	1 650 457	1 880 558
Amount Specific Advance Or Credit Made In Period Directors	250 329	1 577 885	406 656
Amount Specific Advance Or Credit Repaid In Period Directors	-306 529	-197 336	-176 555
Company Contributions To Money Purchase Plans Directors	625	4 823	5 085
Director Remuneration	377 830	540 657	600 000
Number Directors Accruing Benefits Under Money Purchase Scheme	3	2	2

Company staff

James H.

Role: Secretary

Appointed: 07 November 2003

Latest update: 20 December 2023

James H.

Role: Director

Appointed: 07 November 2003

Latest update: 20 December 2023

Andrew H.

Role: Director

Appointed: 07 November 2003

Latest update: 20 December 2023

People with significant control

Andrew H.

Notified on 7 November 2016

Nature of control:

over 1/2 to 3/4 of shares

James H.

Notified on 7 November 2016

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	21 November 2023
Confirmation statement last made up date	07 November 2022

Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Motherwell Holdings Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

James H.

James H.

Andrew H.

Robert P.

People with significant control

Andrew H.

James H.

Accounts Documents

Company filings

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