Newage Electrical Limited in Newry, BT34 2PF

Description

Data updated on: 01-11-2023

The Newage Electrical Limited business has been in this business for twelve years, as it's been established in 2012. Started with registration number NI613910, Newage Electrical is categorised as a Private Limited Company with office in 11a Old Warrenpoint Road, Newry BT34 2PF. This company's Standard Industrial Classification Code is 47540, that means Retail sale of electrical household appliances in specialised stores. The company's most recent financial reports describe the period up to 2022/08/31 and the most recent confirmation statement was filed on 2023/08/07.

In order to meet the requirements of their customers, this particular business is constantly developed by a body of two directors who are Conor T. and Michelle T.. Their mutual commitment has been of cardinal use to this specific business since 2012.

Executives who have control over the firm are as follows: Conor T. owns 1/2 or less of company shares. Michelle T. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-08-31	2014-08-31	2015-08-31	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31
Currency
Net Worth	2	28 934	66 917	129 823

Balance Sheet
Cash Bank On Hand				61 976	160 799	157 189	229 776	377 687	562 251	633 962
Current Assets	128 555	188 136	269 684	268 410	312 539	311 555	377 041	515 300	701 846	779 579
Debtors	5 641	900	21 502	37 849	17 770	19 481	44 890	30 323	34 215	38 117
Net Assets Liabilities				129 823	180 720	188 867	225 684	325 463	405 876	544 000
Other Debtors						1 456	900	900	3 912	1 589
Property Plant Equipment				37 344	35 936	30 473	44 130	56 420	67 601	102 808
Total Inventories				168 585	133 970	134 885	102 375	107 290	105 380	107 500
Cash Bank In Hand	2	42 379	80 812	61 976
Intangible Fixed Assets	55 812	52 962	50 112	47 262
Net Assets Liabilities Including Pension Asset Liability	2	28 934	66 917	129 823
Stocks Inventory	105 125	144 857	167 370	168 585
Tangible Fixed Assets	26 527	35 312	29 830	37 344

Capital & Reserves
Called Up Share Capital	2	2	2	2
Profit Loss Account Reserve	8 813	28 932	66 915	129 821
Shareholder Funds	2	28 934	66 917	129 823

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets				9 738	12 588	15 438	18 288	21 138	23 988	26 838
Accumulated Depreciation Impairment Property Plant Equipment				17 721	25 201	31 489	28 796	40 590	54 658	74 511
Amortisation Rate Used For Intangible Assets						5	5	5	5	5
Average Number Employees During Period					6	6	7	7	7	8
Corporation Tax Payable						12 118	16 696	30 769	24 179	25 224
Creditors				223 193	212 167	194 723	234 199	282 119	396 583	368 549
Depreciation Rate Used For Property Plant Equipment						20	20	20	20	20
Disposals Decrease In Depreciation Impairment Property Plant Equipment							11 802
Disposals Property Plant Equipment							24 185
Fixed Assets	82 339	88 274	79 942	84 606	80 348	72 035	82 842	92 282	100 613	132 970
Increase From Amortisation Charge For Year Intangible Assets					2 850	2 850	2 850	2 850	2 850	2 850
Increase From Depreciation Charge For Year Property Plant Equipment					7 480	6 288	9 110	11 794	14 068	19 853
Intangible Assets				47 262	44 412	41 562	38 712	35 862	33 012	30 162
Intangible Assets Gross Cost				57 000	57 000	57 000	57 000	57 000	57 000	57 000
Net Current Assets Liabilities	-73 524	-59 340	50 132	106 001	100 372	116 832	142 842	233 181	305 263	411 030
Other Creditors						19 940	60 496	78 275	64 581	84 810
Other Taxation Social Security Payable						621	6 403	9 669	5 345	1 956
Property Plant Equipment Gross Cost				55 065	61 137	61 962	72 926	97 010	122 259	177 319
Total Additions Including From Business Combinations Property Plant Equipment					6 072		35 149	24 084	25 250	55 060
Total Assets Less Current Liabilities	8 815	28 934	130 074	190 607	180 720	188 867	225 684	325 463	405 876	544 000
Trade Creditors Trade Payables						162 044	150 604	163 406	302 478	256 559
Trade Debtors Trade Receivables						18 025	43 990	29 423	30 303	36 528
Advances Credits Directors				5 357	1 076	195	455	19 734	40	960
Advances Credits Made In Period Directors					4 281	881	260	19 279	19 694
Accruals Deferred Income			63 157	60 784
Creditors Due Within One Year	202 079	247 476	282 709	162 409
Intangible Fixed Assets Aggregate Amortisation Impairment	1 188	4 038	6 888	9 738
Intangible Fixed Assets Amortisation Charged In Period		2 850	2 850	2 850
Intangible Fixed Assets Cost Or Valuation	57 000	57 000	57 000	57 000
Number Shares Allotted	2	2	2	2
Par Value Share	1	1	1	1
Share Capital Allotted Called Up Paid	2	2	2	2
Tangible Fixed Assets Additions		15 840	440	38 115
Tangible Fixed Assets Cost Or Valuation	28 295	44 135	44 575	55 065
Tangible Fixed Assets Depreciation	1 768	8 823	14 745	17 721
Tangible Fixed Assets Depreciation Charged In Period		7 055	5 922	8 014
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				5 038
Tangible Fixed Assets Disposals				27 625

Company staff

Conor T.

Role: Director

Appointed: 07 August 2012

Latest update: 18 January 2024

Michelle T.

Role: Director

Appointed: 07 August 2012

Latest update: 18 January 2024

People with significant control

Conor T.

Notified on 7 August 2016

Nature of control:

1/2 or less of shares

Michelle T.

Notified on 7 August 2016

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	31 May 2024
Account last made up date	31 August 2022
Confirmation statement next due date	21 August 2024
Confirmation statement last made up date	07 August 2023

Annual Accounts 6 May 2014
Start Date For Period Covered By Report	2012-08-07
Date Approval Accounts	6 May 2014
Annual Accounts 27 May 2015
Start Date For Period Covered By Report	2013-09-01
End Date For Period Covered By Report	2014-08-31
Date Approval Accounts	27 May 2015
Annual Accounts 24 May 2016
Start Date For Period Covered By Report	2014-09-01
End Date For Period Covered By Report	2015-08-31
Date Approval Accounts	24 May 2016
Annual Accounts 30 May 2017
Start Date For Period Covered By Report	2015-09-01
End Date For Period Covered By Report	2016-08-31
Date Approval Accounts	30 May 2017
Annual Accounts
Start Date For Period Covered By Report	2016-09-01
End Date For Period Covered By Report	2017-08-31
Annual Accounts
Start Date For Period Covered By Report	2017-09-01
End Date For Period Covered By Report	31/08/2018
Annual Accounts
Start Date For Period Covered By Report	2018-09-01
End Date For Period Covered By Report	31/08/2019
Annual Accounts
Start Date For Period Covered By Report	2019-09-01
End Date For Period Covered By Report	31/08/2020
Annual Accounts
Start Date For Period Covered By Report	2020-09-01
End Date For Period Covered By Report	31/08/2021
Annual Accounts
Start Date For Period Covered By Report	2021-09-01
End Date For Period Covered By Report	31/08/2022
Annual Accounts
End Date For Period Covered By Report	2013-08-31

Newage Electrical Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Conor T.

Michelle T.

People with significant control

Conor T.

Michelle T.

Accounts Documents

Company filings

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