Newark Electric Motors Limited in Newark, NG24 2AG

Description

Data updated on: 01-11-2023

Newark Electric Motors Limited with reg. no. 03817848 has been operating on the market for 25 years. This Private Limited Company can be reached at Unit 4 The Windings Brunel Business Park Jessop Close, Northern Road Industrial Estate, Newark and company's area code is NG24 2AG. The company's principal business activity number is 33120 and their NACE code stands for Repair of machinery. The most recent filed accounts documents describe the period up to Wednesday 31st August 2022 and the most recent confirmation statement was submitted on Tuesday 1st August 2023.

The information we have that details this firm's MDs shows us there are two directors: Antony B. and Mark B. who became the part of the company on 1999-08-02. Additionally, the managing director's responsibilities are often aided with by a secretary - Denise B., who was chosen by this specific business on 1999-08-05.

Executives with significant control over the firm are: Mark B. owns 1/2 or less of company shares. Antony B. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-08-31	2021-08-31	2022-08-31
Currency

Balance Sheet
Cash Bank On Hand	516 913	595 134	711 530
Current Assets	820 368	979 556	1 072 418
Debtors	291 955	372 422	340 388
Net Assets Liabilities	572 251	689 436	831 850
Other Debtors	9 753	4 406	9 722
Property Plant Equipment	347 892	343 096	333 691
Total Inventories	11 500	12 000	20 500

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets	20 200	22 800	25 400
Accumulated Depreciation Impairment Property Plant Equipment	220 894	232 666	255 723
Average Number Employees During Period	8	8	8
Bank Borrowings Overdrafts	25 834	26 189	26 189
Comprehensive Income Expense	173 588	249 985	284 114
Corporation Tax Payable	73 641	87 390	98 961
Creditors	393 095	454 909	420 341
Disposals Decrease In Depreciation Impairment Property Plant Equipment		11 579
Disposals Property Plant Equipment		12 519
Dividends Paid	142 800	132 800	141 700
Fixed Assets	355 692	348 296	336 291
Income Expense Recognised Directly In Equity	-142 800	-132 800	-141 700
Increase From Amortisation Charge For Year Intangible Assets		2 600	2 600
Increase From Depreciation Charge For Year Property Plant Equipment		23 351	23 057
Intangible Assets	7 800	5 200	2 600
Intangible Assets Gross Cost	28 000	28 000	28 000
Net Current Assets Liabilities	427 273	524 647	652 077
Other Creditors	78 220	88 011	91 755
Other Taxation Social Security Payable	22 806	18 459	27 538
Profit Loss	173 588	249 985	284 114
Property Plant Equipment Gross Cost	568 786	575 762	589 414
Provisions For Liabilities Balance Sheet Subtotal	7 750	7 750	8 300
Total Additions Including From Business Combinations Property Plant Equipment		19 495	13 652
Total Assets Less Current Liabilities	782 965	872 943	988 368
Trade Creditors Trade Payables	192 594	234 860	175 898
Trade Debtors Trade Receivables	282 202	368 016	330 666
Advances Credits Directors	70 595	80 686	80 454
Advances Credits Made In Period Directors	142 800	132 800
Advances Credits Repaid In Period Directors	130 406	142 891