M.w. Beer & Co. Limited in Ingatestone, CM4 0GB

Description

Data updated on: 01-11-2023

M.w. Beer & started conducting its business in the year 1981 as a Private Limited Company under the ID 01550742. This firm has been active for fourty three years and it's currently active. The firm's office is located in Ingatestone at 6-7 Grange Court. You could also locate the company utilizing its zip code : CM4 0GB. This company's declared SIC number is 52290 and their NACE code stands for Other transportation support activities. Its latest accounts were submitted for the period up to 31st December 2022 and the most recent annual confirmation statement was released on 25th June 2023.

This business owes its achievements and constant growth to a team of three directors, who are Hugh W., Clifford H. and Martin B., who have been managing the firm since 1st March 2020. Furthermore, the director's efforts are helped with by a secretary - Clifford H., who joined the business in 2011.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	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	3 379 078	6 153 382	5 037 802	1 802 284	7 165 813	4 221 482	1 214 671
Current Assets	17 093 020	16 063 846	16 916 292	14 571 023	26 270 412	26 448 924	21 476 213
Debtors		8 646 395	10 105 077	7 183 608	10 748 112	10 128 337	12 085 014
Other Debtors		1 563 591	1 964 468	557 931	375 210	5 502 183	5 906 880
Property Plant Equipment	75 661	89 056	104 210	145 897	142 807	174 172	105 587
Total Inventories	1 554 817	1 264 069	1 773 413	5 585 131	8 356 487	6 596 922

Other Financial Data
Audit Fees Expenses	20 000	20 000
Accrued Liabilities Deferred Income	1 621 233	2 168 247	1 147 837	1 862 128	970 448	1 282 244	3 498 897
Accumulated Amortisation Impairment Intangible Assets					-397 998
Accumulated Depreciation Impairment Property Plant Equipment	70 824	59 256	76 678	65 738	94 022	65 501	78 773
Additions Other Than Through Business Combinations Property Plant Equipment		34 633	32 576		25 194	86 513	74 825
Administrative Expenses	2 465 261	2 792 554			2 588 388	3 863 962	3 260 174
Amortisation Expense Intangible Assets					-149 249
Amounts Owed By Associates	591 716	591 716
Amounts Owed To Group Undertakings	1 555 656	1 555 656	1 168 232	1 168 232	1 488 210	1 485 716	1 500 046
Average Number Employees During Period	14	16		13	16	18	18
Bank Borrowings	779 322	2 059 186	6 003 136	3 123 796	5 302 609	5 891 463
Bank Borrowings Overdrafts	779 322	2 059 186	6 003 136	5 045 182	6 454 895	6 091 969
Bank Overdrafts				1 921 386	1 152 286	200 506
Cash Cash Equivalents				-119 102	6 013 527	4 020 976
Comprehensive Income Expense					2 996 414	-558 473
Corporation Tax Payable	707 150	254 293				289 687
Corporation Tax Recoverable			219 447	219 447			425 321
Cost Inventories Recognised As Expense Gross	135 829 925	121 114 675
Cost Sales	135 829 925	121 114 675			109 711 260	158 211 084	221 370 684
Creditors	9 063 508	8 425 672	10 267 463	11 660 296	20 492 344	14 768 931	12 128 940
Current Tax For Period	707 150	253 993			123 828	425 321
Deferred Tax Asset Debtors	10 939	11 384	5 908	190 776	19 396	1 287	74 433
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-507	-445			171 380	18 109	-73 146
Depreciation Expense Property Plant Equipment					28 284	24 352
Derivative Liabilities					743 990
Distribution Costs	83 524	74 907			74 155	73 249
Dividend Income	406 504
Dividends Paid	100 000	100 000
Dividends Paid Classified As Financing Activities		-100 000
Equity Securities Held		819 078	949 835	949 835	392 270	72 000
Finished Goods Goods For Resale	1 554 817	1 264 069	1 773 413	5 585 131	8 356 487	6 596 922	2 269 648
Fixed Assets	753 226	2 259 887	2 470 828	5 385 481	4 652 595	246 172	509 841
Further Item Tax Increase Decrease Component Adjusting Items	-39 471	1 917			-268 399	54 523	51 758
Future Minimum Lease Payments Under Non-cancellable Operating Leases						93 974	517 730
Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income					-78 288	39 180
Gain Loss On Disposals Other Non-current Assets						-392 270
Gain Loss On Disposals Property Plant Equipment		3 161				32 102
Gross Profit Loss	6 313 639	4 189 099
Impairment Loss Reversal On Investments	10 910	289 690			-1 006 761	2 514 415
Increase Decrease In Current Tax From Adjustment For Prior Periods	39 308						-425 321
Increase From Depreciation Charge For Year Property Plant Equipment		15 399	17 422		28 284	24 352	31 458
Intangible Assets					-348 249
Intangible Assets Gross Cost					-746 247
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	203 811	2 182
Interest Income On Bank Deposits	2 421	1 040			1 515	1 054	900
Interest Payable Similar Charges Finance Costs	203 990	2 182
Interest Received Classified As Investing Activities					-221 195	-125 998
Investments		2 170 831	2 366 618	5 239 584	4 509 788	72 000	404 254
Investments Fixed Assets	677 565	2 170 831	2 366 618	5 239 584	4 509 788	72 000	404 254
Investments In Joint Ventures					2 794 494
Loans To Joint Ventures				4 289 749	4 117 518
Net Current Assets Liabilities	8 029 512	7 638 174	6 648 829	2 910 727	5 778 068	11 679 993	9 347 273
Net Finance Income Costs	408 925	1 040			221 195	125 998	264 928
Operating Profit Loss	3 776 854	1 759 703
Other Creditors	380 649	351 427	653 604	631 171	511 938	364 895	448 150
Other Disposals Decrease In Amortisation Impairment Intangible Assets						-397 998
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		26 967				52 873	18 186
Other Disposals Intangible Assets						-746 247
Other Disposals Property Plant Equipment		32 806				83 669	130 138
Other Interest Expense	179
Other Interest Income						124 944	264 028
Other Interest Receivable Similar Income Finance Income	408 925	1 040			221 195	125 998	264 928
Other Loans Classified Under Investments		1 351 753	1 416 783
Other Operating Income Format1	12 000	438 065
Other Taxation Social Security Payable	105 513	164 822				92 773	252 028
Pension Other Post-employment Benefit Costs Other Pension Costs	50 459	80 987	60 119	50 298	71 656	124 376	105 779
Percentage Class Share Held In Joint Venture			50		50
Prepayments Accrued Income	369 772	296 707	54 494	372 968	373 829	753 472	860 317
Profit Loss	3 224 928	1 215 323	-778 404	-823 449	2 134 455	1 495 502	2 069 051
Profit Loss On Ordinary Activities Before Tax	3 970 879	1 468 871				1 938 932	-2 567 518
Property Plant Equipment Gross Cost	146 485	148 312	180 888	211 635	236 829	239 673	184 360
Social Security Costs	213 216	241 588	117 709	156 770	174 222	364 556
Staff Costs Employee Benefits Expense	1 962 050	2 128 700	1 027 203	1 331 818	1 957 347	3 053 103	2 242 037
Tax Decrease Increase From Effect Revenue Exempt From Taxation	81 301	27 457
Tax Expense Credit Applicable Tax Rate						368 397	-487 828
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	33 239	4 927			1 283	576 805	1 582
Tax Increase Decrease From Effect Foreign Tax Rates					-49 989	20 233
Tax Tax Credit On Profit Or Loss On Ordinary Activities	745 951	253 548			295 208	443 430	-498 467
Total Assets Less Current Liabilities	8 782 738	9 898 061	9 119 657	8 296 208	10 430 663	11 926 165	9 857 114
Total Borrowings	779 322	2 059 186			6 454 895	6 091 969
Total Current Tax Expense Credit	746 458	253 993			123 828	425 321	-425 321
Trade Creditors Trade Payables	3 913 985	1 872 041	1 207 542	2 835 722	10 231 413	5 161 647	6 429 819
Trade Debtors Trade Receivables	10 977 613	6 182 997	7 269 044	5 079 185	9 979 677	7 962 013	9 582 820
Turnover Revenue	142 143 564	125 303 774			113 600 931	163 760 032
Wages Salaries	1 698 375	1 806 125	849 375	1 124 750	1 711 469	2 564 171	1 860 265
Company Contributions To Defined Benefit Plans Directors	29 439	32 373
Director Remuneration						809 897	512 730
Director Remuneration Benefits Including Payments To Third Parties						838 988	546 869