Newmarket Plant Hire Limited in Suffolk, CB8 0AL

Description

Data updated on: 01-11-2023

02189826 is a reg. no. assigned to Newmarket Plant Hire Limited. The company was registered as a Private Limited Company on November 6, 1987. The company has been active on the market for 37 years. This firm can be contacted at Depot Road Newmarket in Suffolk. The post code assigned is CB8 0AL. This business's SIC code is 77390 meaning Renting and leasing of other machinery, equipment and tangible goods n.e.c.. Newmarket Plant Hire Ltd released its latest accounts for the financial period up to 2023-01-31. Its most recent confirmation statement was filed on 2022-11-08.

Newmarket Plant Hire Ltd is a medium-sized vehicle operator with the licence number OF0222155. The firm has six transport operating centres in the country. In their subsidiary in Basildon on Laindon, 2 machines are available. The centre in Cambridge on Milton has 3 machines, and the centre in Harlow is equipped with 6 machines. They are equipped with 21 vehicles and 2 trailers.

With 25 recruitment advertisements since 2014-05-27, the company has been one of the most active employers on the labour market. Recently, it was seeking candidates in Cambridge, Basildon and Newmarket. They employ workers on such positions as: Plant Fitter/Class 1 Driver, 7.5T Plant Hire Lorry Driver/HGV Driver and Workshop Foreman/Fitter.

Council East Cambridgeshire District Council can be found among the counter parties that cooperate with the company. In 2013, this cooperation amounted to at least 1,240 pounds of revenue. Cooperation with the East Cambridgeshire District Council council covered the following areas: Equipment - Hire.

At the moment, the directors officially appointed by the following business are: Ashley T. arranged to perform management duties in 2018 and Carl J. arranged to perform management duties on November 8, 1991.

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	4 972	41 912	1 262 843	797 361	640 352
Current Assets	1 118 452	1 127 107	2 270 000	1 848 784	1 815 285
Debtors	982 183	956 055	884 960	917 095	1 032 951
Net Assets Liabilities	5 333 906	5 711 141	6 059 523	6 433 828	7 135 475
Property Plant Equipment	9 188 531	8 905 190	8 555 730	8 945 723	9 526 558
Total Inventories	131 297	129 140	122 197	134 328	141 982

Other Financial Data
Other Non-audit Services Fees	4 000	4 500	4 500	8 195	3 450
Company Contributions To Money Purchase Plans Directors	2 350	3 437	103 057	2 312	2 314
Director Remuneration	133 824	134 209	128 232	62 801	84 419
Dividend Recommended By Directors		101 500	107 905	100 000	100 000
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3	2	2	2
Accrued Liabilities	88 498	87 923	136 638	128 166	117 315
Accumulated Amortisation Impairment Intangible Assets	298 280	334 145	334 145	334 145
Accumulated Depreciation Impairment Property Plant Equipment	7 709 227	8 361 209	9 312 770	9 791 879	10 860 592
Additional Provisions Increase From New Provisions Recognised		126 398	145 145	379 980	165 769
Administrative Expenses	1 299 202	1 414 215	1 214 317	1 468 761	1 372 322
Amortisation Expense Intangible Assets	35 863	35 865
Amounts Owed By Group Undertakings	170 000	170 000	170 000	170 000	170 000
Applicable Tax Rate	19	19	19	19	19
Average Number Employees During Period	67	67	64	59	57
Bank Borrowings	216 595	193 815	59 896	28 075
Bank Borrowings Overdrafts	192 364	168 843	771 391	128 696
Bank Overdrafts	118 045	150 083
Capital Commitments			96 688	2 209 568	355 924
Comprehensive Income Expense	570 080	478 735	498 287	522 305	801 647
Corporation Tax Payable	76 751		2 944	83 182	71 892
Corporation Tax Recoverable		45 347	45 347
Cost Sales	4 166 749	4 133 276	3 739 821	4 085 719	4 442 644
Creditors	1 698 981	1 133 928	1 681 827	1 050 736	826 792
Current Tax For Period	76 751	-45 347	2 944	83 182	71 892
Depreciation Expense Property Plant Equipment	499 347	646 745	553 893	587 288	841 237
Disposals Decrease In Depreciation Impairment Property Plant Equipment		745 383	371 953	910 071	418 503
Disposals Property Plant Equipment		972 473	520 907	1 125 733	574 502
Dividend Per Share Interim		2	107	100	100
Dividends Paid	101 500	101 500	107 905	100 000	100 000
Dividends Paid On Shares Interim	101 500	101 500	107 905	100 000	100 000
Finance Lease Liabilities Present Value Total	1 376 385	878 028	1 406 231	1 154 515	1 178 876
Fixed Assets	9 224 396	8 905 190	8 555 730	8 945 723	9 526 558
Further Item Interest Expense Component Total Interest Expense	31 480	34 918	35 372	40 623	48 089
Further Operating Expense Item Component Total Operating Expenses			-440 799	-15 993
Future Minimum Lease Payments Under Non-cancellable Operating Leases	267 035	203 757	160 831	483 852	154 793
Gain Loss On Disposals Property Plant Equipment	275 088	256 777	196 882	185 233	236 583
Gross Profit Loss	2 087 765	2 087 010	1 490 328	2 545 484	2 539 911
Income From Related Parties	2 561	44 593	120 324	2 117	661
Income From Shares In Group Undertakings	9 479
Increase Decrease Due To Transfers Between Classes Property Plant Equipment			2 000
Increase Decrease In Property Plant Equipment		1 204 699	166 656	1 390 256	1 395 476
Increase From Amortisation Charge For Year Intangible Assets		35 865
Increase From Depreciation Charge For Year Property Plant Equipment		1 397 365	1 323 514	1 389 180	1 487 216
Intangible Assets	35 865
Intangible Assets Gross Cost	334 145	334 145	334 145	334 145
Interest Expense On Bank Loans Similar Borrowings	9 934	12 997	17 205	18 601	455
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	93 431	83 079	56 422	85 471	80 301
Interest Payable Similar Charges Finance Costs	134 845	130 994	108 999	144 695	128 845
Investments In Group Undertakings	5 000	5 000	5 000	5 000
Loans Owed By Related Parties			45 033
Loans Owed To Related Parties	-73 572	-65 015	-43 227	-45 743	-44 581
Merchandise	131 297	129 140	122 197	134 328	141 982
Net Current Assets Liabilities	-1 654 328	-1 396 542	-5 656	-272 455	-209 818
Number Shares Issued Fully Paid		1 015	1 008	1 000	1 000
Operating Profit Loss	801 063	690 695	755 085	1 128 466	1 167 589
Other Creditors	15 942	15 942	15 942	17 942	19 942
Other Deferred Tax Expense Credit	28 880	126 398	145 145	379 980	165 769
Other Interest Receivable Similar Income Finance Income	14	85	290	1 696	564
Other Operating Income Format1	12 500	17 900	479 074	51 743
Other Remaining Borrowings	172 864	130 232	43 726	31 261	12 072
Other Taxation Social Security Payable	47 494	50 200	42 899	48 532	47 487
Par Value Share		1	1	1	1
Payments To Related Parties	338 607	375 470	324 908	370 344	335 012
Pension Other Post-employment Benefit Costs Other Pension Costs	26 811	39 965	140 180	43 018	44 045
Percentage Class Share Held In Subsidiary		100	100	100	100
Prepayments	35 476	57 409	25 708	43 860	43 419
Profit Loss	570 080	478 735	498 287	522 305	801 647
Profit Loss On Ordinary Activities Before Tax	675 711	559 786	646 376	985 467	1 039 308
Profit Loss Subsidiaries	-5 000
Property Plant Equipment Gross Cost	16 897 758	17 266 399	17 868 500	18 737 602	20 387 150
Provisions	537 181	663 579	808 724	1 188 704	1 354 473
Provisions For Liabilities Balance Sheet Subtotal	537 181	663 579	808 724	1 188 704	1 354 473
Social Security Costs	170 329	176 025	148 971	184 578	218 968
Staff Costs Employee Benefits Expense	1 998 797	2 036 209	2 082 728	1 962 503	2 141 657
Tax Decrease Increase From Effect Revenue Exempt From Taxation	2 751
Tax Expense Credit Applicable Tax Rate	128 385	106 359	122 811	187 239	197 469
Tax Increase Decrease From Effect Capital Allowances Depreciation	-64 075	-157 321	-128 001	-98 915	-128 817
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 148	1 133	1 556	2 428	1 523
Tax Tax Credit On Profit Or Loss On Ordinary Activities	105 631	81 051	148 089	463 162	237 661
Total Additions Including From Business Combinations Property Plant Equipment		1 341 114	1 123 008	1 994 835	2 224 050
Total Assets Less Current Liabilities	7 570 068	7 508 648	8 550 074	8 673 268	9 316 740
Total Borrowings	3 661 345	2 866 864	103 622	59 336	12 072
Trade Creditors Trade Payables	347 995	304 086	224 848	395 980	310 790
Trade Debtors Trade Receivables	776 707	683 299	643 905	703 235	819 532
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment			100
Turnover Revenue	6 254 514	6 220 286	5 230 149	6 631 203	6 982 555
Wages Salaries	1 801 657	1 820 219	1 793 577	1 734 907	1 878 644