Newell Stores Limited in Dungannon, BT70 1EG

Description

Data updated on: 01-11-2023

Newell Stores Limited is a Private Limited Company, that is located in 50 Newell Road, Dungannon. The main office's zip code BT70 1EG. The firm has existed twenty nine years on the local market. Its reg. no. is NI029285. The company's registered with SIC code 47110 which stands for . Its most recent filed accounts documents were submitted for the period up to January 31, 2023 and the most current annual confirmation statement was filed on February 20, 2023.

The company is a supermarket or hypermarket operator. Its FHRSID is 220. It reports to Mid Ulster and its last food inspection was carried out on 2020-03-16 in 50 Newell Road, Dungannon, BT70 1EG. The most recent quality assessment result obtained by the company is 5, which translates as very good. The components comprising this value are the following inspection results: 5 for hygiene, 5 for its structural management and 0 for confidence in management.

Newell Stores Ltd is a small-sized vehicle operator with the licence number ON1118386. The firm has one transport operating centre in the country. In their subsidiary in Dungannon , 1 machine is available.

Petra C. and Colin C. are the enterprise's directors and have been expanding the company since May 2021.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-01-31	2019-01-31	2020-01-31	2021-01-31	2022-01-31	2023-01-31
Currency

Balance Sheet
Cash Bank On Hand	628 388	814 800	167 317	494 185	415 393	470 673
Current Assets	7 046 646	2 665 645	3 433 895	6 592 700	6 205 418	5 834 962
Debtors	6 001 684	1 386 035	2 716 570	5 598 000	5 827 926	4 808 023
Net Assets Liabilities	7 811 337	3 461 569	4 316 483	4 393 922	4 281 298	4 521 925
Other Debtors	140 957	292 463	252 375	203 163	141 661	114 069
Property Plant Equipment	1 986 936	1 972 728	2 122 938	2 039 892	2 290 966	2 778 627
Total Inventories	416 574	464 810	550 008	500 515	499 552	556 266

Other Financial Data
Audit Fees Expenses	6 950	7 500	7 500	9 000
Director Remuneration	30 849	17 453	18 662	17 779	10 394	7 100
Dividend Recommended By Directors		5 000 000
Accrued Liabilities Deferred Income	212 021	312 568	329 149	281 644	283 841	243 870
Accumulated Amortisation Impairment Intangible Assets		10 296	20 593	30 888	41 184	51 480
Accumulated Depreciation Impairment Property Plant Equipment	2 035 548	2 179 369	2 335 700	2 484 638	2 686 871	3 008 064
Additional Provisions Increase From New Provisions Recognised		5 798	4 984		56 733	93 850
Administrative Expenses	1 225 866	1 187 395	1 225 974	1 206 124	1 756 025	1 796 433
Amortisation Expense Intangible Assets		10 296	10 297	10 295	10 296	10 296
Amounts Owed By Group Undertakings	5 725 305	1 047 243	2 410 604	5 355 302	5 535 660	4 338 462
Applicable Tax Rate	19	19	19	19	19	19
Average Number Employees During Period	198	203	197	184	180	165
Comprehensive Income Expense	730 371	650 232	854 914	827 439	387 376	240 627
Corporation Tax Payable		53 992	173 507	4 726	37 453
Corporation Tax Recoverable	80 532				55 635	161 001
Cost Sales	9 829 097	10 267 852	10 270 911	10 704 675	12 345 477	16 533 961
Creditors	1 141 901	1 365 372	1 413 637	2 900 000	2 658 333	2 054 167
Current Tax For Period	182 138	247 131	177 749	52 369	88 933
Deferred Tax Liabilities	80 443	86 241	91 225	85 025	141 758	235 608
Depreciation Expense Property Plant Equipment	120 648	143 821	156 331	148 938	205 821	322 468
Distribution Costs	1 955 435	2 093 858	2 083 297	1 839 039	1 935 963	2 027 126
Dividends Paid	200 000	5 000 000		750 000	500 000
Dividends Paid On Shares Final	200 000	5 000 000
Finished Goods	416 574	464 810	550 008	500 515	499 552	556 266
Fixed Assets	1 987 035	2 247 537	2 387 450	2 294 109	2 534 887	3 012 252
Future Minimum Lease Payments Under Non-cancellable Operating Leases	8 060	8 060	11 418	5 330
Gain Loss On Disposals Other Non-current Assets		181 543	-3 140
Gain Loss On Disposals Property Plant Equipment	7 939				-2 362	-3 225
Gross Profit Loss	4 085 650	4 002 275	4 167 241	3 773 831	4 043 990	4 064 876
Increase Decrease In Current Tax From Adjustment For Prior Periods		75 852		-94 114	40 113
Increase From Amortisation Charge For Year Intangible Assets		10 296	10 297	10 295	10 296	10 296
Increase From Depreciation Charge For Year Property Plant Equipment		143 821	156 331	148 938	205 821	322 468
Intangible Assets		274 809	264 512	254 217	243 921	233 625
Intangible Assets Gross Cost		285 105	285 105	285 105	285 105
Investments Fixed Assets	99
Net Current Assets Liabilities	5 904 745	1 300 273	2 020 258	5 084 838	4 546 502	3 799 448
Number Shares Issued Fully Paid		100	100	100	100	100
Operating Profit Loss	904 349	721 022	854 830	756 088	402 203	241 317
Other Creditors	69 246	82 206	73 869	72 089	73 983	63 700
Other Deferred Tax Expense Credit	-7 987	5 798	4 984	-6 200	56 733	93 850
Other Interest Receivable Similar Income Finance Income	173	596	182 817	189 236	192 784	174 033
Other Investments Other Than Loans	99	-99
Other Taxation Social Security Payable	21 644	23 700	21 534	22 128	26 864	7 235
Par Value Share		1	1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	7 723	15 611	25 732	31 257	31 011	61 706
Prepayments	49 310	37 701	44 014	36 900	40 412	134 954
Profit Loss	730 371	650 232	854 914	827 439	387 376	240 627
Profit Loss On Ordinary Activities Before Tax	904 522	903 161	1 037 647	873 608	533 042	334 477
Property Plant Equipment Gross Cost	4 022 484	4 152 097	4 458 638	4 524 530	4 977 837	5 786 691
Provisions	80 443	86 241	91 225	85 025	141 758	235 608
Provisions For Liabilities Balance Sheet Subtotal	80 443	86 241	91 225	85 025	141 758	235 608
Staff Costs Employee Benefits Expense	2 040 027	2 024 328	2 078 840	1 911 944	2 436 735	2 267 656
Tax Expense Credit Applicable Tax Rate	173 325	171 601	197 153	165 986	101 278	63 551
Tax Increase Decrease From Effect Capital Allowances Depreciation	10 334	19 677		16 828	-52 907	-93 415
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	-1 521		596	2 749	449	11 372
Tax Tax Credit On Profit Or Loss On Ordinary Activities	174 151	252 929	182 733	46 169	145 666	93 850
Total Additions Including From Business Combinations Intangible Assets		385 000
Total Additions Including From Business Combinations Property Plant Equipment		129 613	306 541	65 892	459 757	817 354
Total Assets Less Current Liabilities	7 891 780	3 547 810	4 407 708	7 378 947	7 081 389	6 811 700
Total Operating Lease Payments	7 500	45 065	51 850	103 234	85 500	133 100
Trade Creditors Trade Payables	812 294	865 193	809 729	813 785	982 561	1 237 376
Trade Debtors Trade Receivables	5 580	8 628	9 577	2 635	3 871	12 348
Turnover Revenue	13 914 747	14 270 127	14 279 858	14 478 506	16 389 467	20 598 837
Wages Salaries	2 032 304	1 718 322	1 768 064	1 592 644	2 283 690	2 072 960
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss				-6 200
Amounts Owed To Group Undertakings				166 314	500 000
Bank Borrowings				100 000	291 667	483 333
Bank Borrowings Overdrafts				2 900 000	2 658 333	2 054 167
Capital Commitments			7 365
Disposals Decrease In Depreciation Impairment Property Plant Equipment					3 588	1 275
Disposals Property Plant Equipment					6 450	8 500
Dividends Paid On Shares Interim				750 000	500 000
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss			-99		-571	19
Interest Expense On Bank Loans Similar Borrowings				70 422	58 691	80 873
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				1 294	3 254
Interest Payable Similar Charges Finance Costs				71 716	61 945	80 873
Other Operating Income Format1			-3 140	27 420	50 201
Recoverable Value-added Tax					13 234	47 189
Social Security Costs		290 395	285 044	288 043	122 034	132 990

Company staff

Petra C.

Role: Director

Appointed: 01 May 2021

Latest update: 2 January 2024

The companies that control this firm are as follows: Newell Group Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Dungannon at Newell Road, BT70 1EG and was registered as a PSC under the registration number Ni638488.

Newell Group Limited

Address: 50 Newell Road, Dungannon, BT70 1EG, Northern Ireland

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered Northern Ireland

Place registered Northern Ireland

Registration number Ni638488

Notified on 1 July 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Accounts Documents

Account next due date	31 October 2024
Account last made up date	31 January 2023
Confirmation statement next due date	05 March 2024
Confirmation statement last made up date	20 February 2023

Annual Accounts
Start Date For Period Covered By Report	01 February 2018
End Date For Period Covered By Report	31 January 2019
Annual Accounts
Start Date For Period Covered By Report	01 February 2019
End Date For Period Covered By Report	31 January 2020
Annual Accounts
Start Date For Period Covered By Report	01 February 2020
End Date For Period Covered By Report	31 January 2021
Annual Accounts
Start Date For Period Covered By Report	01 February 2021
End Date For Period Covered By Report	31 January 2022
Annual Accounts
Start Date For Period Covered By Report	01 February 2022
End Date For Period Covered By Report	31 January 2023

Newell Stores Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Petra C.

Colin C.

Eugene C.

Eugene C.

Marion C.

John M.

People with significant control

Newell Group Limited

Accounts Documents

NEWELL STORES food hygiene ratings

Retailers - supermarkets/hypermarkets address

Address

Town

County

State

Post code

Food rating: 5

Hygiene

Structural

Confidence in Management

Retailers - supermarkets/hypermarkets address

Address

Town

County

State

Post code

Food rating: 5

Hygiene

Structural

Confidence in Management

Company Vehicle Operator Data

50 Newell Road

City

Postal code

No. of Vehicles

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies