Murdock Hardwood Industries Limited in Co.down, BT34 1LD

Description

Data updated on: 01-11-2023

Murdock Hardwood Industries Limited with reg. no. NI015426 has been competing in the field for 42 years. This Private Limited Company can be found at 51,rathfriland Road,, Newry,, Co.down and their area code is BT34 1LD. The firm's SIC and NACE codes are 47190 and their NACE code stands for Other retail sale in non-specialised stores. Murdock Hardwood Industries Ltd released its account information for the financial year up to 2022-03-31. The company's latest annual confirmation statement was submitted on 2022-12-31.

Murdock Hardwood Industries Ltd is a small-sized vehicle operator with the licence number ON1121176. The firm has two transport operating centres in the country. In their subsidiary in Belfast , 1 machine is available. The centre in Newry has 4 machines.

In order to be able to match the demands of its customers, this particular business is continually taken care of by a group of four directors who are, to name just a few, Donal M., Aidan M. and Conor M.. Their support has been of extreme use to the following business since March 2007. To provide support to the directors, the abovementioned business has been using the skills of Seamus M. as a secretary since 1982.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	2 258 593	3 320 157	3 302 801	3 025 762	4 425 800
Current Assets	8 346 104	9 464 857	9 731 956	10 384 748	11 259 938
Debtors	3 505 011	3 676 950	3 859 120	4 503 951	4 497 562
Net Assets Liabilities	8 191 091	8 590 209	9 092 687	9 814 071	10 660 794
Other Debtors	1 000 851	1 084 890	1 082 064	1 086 954	1 111 658
Property Plant Equipment	893 668	863 596	996 161	1 084 529	1 109 606
Total Inventories	2 582 500	2 467 750	2 570 035	2 855 035	2 336 576

Other Financial Data
Audit Fees Expenses	4 250	4 850	4 550	4 550	4 850
Accrued Liabilities Deferred Income	364 478	504 829	588 379	629 501	623 029
Accumulated Depreciation Impairment Property Plant Equipment	1 444 773	1 511 532	1 584 996	1 661 687	1 727 773
Additions Other Than Through Business Combinations Property Plant Equipment		79 982	244 829	198 470	155 855
Administration Support Average Number Employees	11	11	10	10	10
Administrative Expenses	2 250 201	2 361 360	2 428 491	2 733 352	2 774 624
Applicable Tax Rate	19	19	19	19	19
Average Number Employees During Period	39	39	37	36	37
Comprehensive Income Expense	493 300	399 117	502 478	721 384	846 723
Corporation Tax Payable	114 743	103 965	119 680	167 364	190 948
Cost Inventories Recognised As Expense Net Write Downs Reversals	8 010 678	7 868 572	8 684 974	11 574 067	10 706 675
Cost Sales	8 017 474	8 116 010	8 727 234	11 936 551	11 389 102
Creditors	1 005 544	1 701 525	1 584 660	1 569 662	1 610 548
Current Tax For Period	114 743	103 965	119 680	167 364	190 948
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	8 407	-6 418	14 051	34 774	12 658
Deferred Tax Liabilities	43 137	36 719	50 770	85 544	98 202
Depreciation Expense Property Plant Equipment	88 426	88 399	96 744	110 102	125 703
Gross Profit Loss	2 798 795	2 795 168	2 810 122	3 574 098	3 746 632
Income Taxes Paid Refund Classified As Operating Activities	-80 800	-114 743	-103 965	-119 680	-167 364
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-204 011	1 061 564	-17 356	-277 040	1 400 038
Increase Decrease In Deferred Tax Liability From Amount Recognised In Profit Or Loss	8 407	-6 418	14 051	34 774	12 658
Increase From Depreciation Charge For Year Property Plant Equipment		88 399	96 744	110 102	125 703
Interest Received Classified As Operating Activities	22 856	22 856	22 807	21 656	23 321
Net Cash Flows From Used In Investing Activities	-98 870	-61 982	-227 479	-181 220	-126 536
Net Cash Flows From Used In Operating Activities	-105 141	1 123 546	210 123	-95 820	1 526 574
Net Cash Generated From Operations	-47 197	1 215 433	291 281	2 204	1 670 617
Net Current Assets Liabilities	7 340 560	7 763 332	8 147 296	8 815 086	9 649 390
Nominal Value Allotted Share Capital	75 000	75 000	75 000	75 000	75 000
Number Shares Issued Fully Paid		75 000	75 000	75 000	75 000
Operating Profit Loss	593 594	473 808	613 402	901 866	1 027 008
Other Creditors	34 274	53 067	59 404	29 556	9 387
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		21 640	23 280	33 411	59 617
Other Disposals Property Plant Equipment		43 295	38 800	33 411	64 692
Other Interest Receivable Similar Income Finance Income	22 856	22 856	22 807	21 656	23 321
Other Operating Income Format1	45 000	40 000	231 771	61 120	55 000
Other Taxation Social Security Payable	61 044	33 318	189 908	349 439	184 765
Par Value Share		1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	13 007	19 737	19 047	50 101	49 394
Proceeds From Sales Property Plant Equipment		18 000	17 350	17 250	29 319
Production Average Number Employees	18	18	17	17	17
Profit Loss	493 300	399 117	502 478	721 384	846 723
Profit Loss On Ordinary Activities Before Tax	616 450	496 664	636 209	923 522	1 050 329
Property Plant Equipment Gross Cost	2 338 441	2 375 128	2 581 157	2 746 216	2 837 379
Purchase Property Plant Equipment	98 870	79 982	244 829	198 470	155 855
Revenue From Sale Goods	10 816 269	10 911 178	11 537 356	15 510 649	15 135 734
Selling Average Number Employees	10	10	10	10	10
Staff Costs Employee Benefits Expense	1 519 789	1 702 641	1 835 477	1 973 876	1 963 397
Taxation Including Deferred Taxation Balance Sheet Subtotal	43 137	36 719	50 770	85 544	98 202
Tax Expense Credit Applicable Tax Rate	117 126	94 366	120 880	175 469	199 563
Tax Increase Decrease From Effect Expenses Not Deductible For Tax Purposes Other Than Goodwill Amortisation Impairment	-2 383	9 599	-1 200	-8 105	-8 615
Tax Tax Credit On Profit Or Loss On Ordinary Activities	123 150	97 547	133 731	202 138	203 606
Total Assets Less Current Liabilities	8 234 228	8 626 928	9 143 456	9 899 615	10 758 996
Total Current Tax Expense Credit	114 743	103 965	119 680	167 364	190 948
Trade Creditors Trade Payables	431 005	1 006 346	627 290	393 802	602 419
Trade Debtors Trade Receivables	2 504 160	2 592 060	2 777 056	3 416 997	3 385 904
Turnover Revenue	10 816 269	10 911 178	11 537 356	15 510 649	15 135 734
Wages Salaries	1 506 782	1 682 904	1 816 430	1 923 775	1 914 003
Work In Progress	2 582 500	2 467 750	2 570 035	2 855 035	2 336 576
Director Remuneration	587 866	666 075	789 761	833 044	810 320