Newquip Limited in Northallerton, DL7 9EE

Description

Data updated on: 01-11-2023

Based in Nq House Conygarth Way, Northallerton DL7 9EE Newquip Limited is classified as a Private Limited Company with 05465512 registration number. It was created on May 27, 2005. This firm has operated under three names. The company's initial listed name, Poolwin, was switched on July 12, 2005 to Newquip Holdings. The current name, used since 2008, is Newquip Limited. The firm's principal business activity number is 46610 - Wholesale of agricultural machinery, equipment and supplies. 2022-02-28 is the last time when account status updates were filed.

Concerning the limited company, the full extent of director's obligations have so far been performed by Adam D. who was designated to this position in 2017 in February. This limited company had been managed by Gill D. up until 8 years ago. What is more a different director, namely Philip D. gave up the position on November 10, 2009.

Previous company's names
Newquip Limited 2008-03-21
Newquip Holdings Limited 2005-07-12
Poolwin Limited 2005-05-27

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency

Balance Sheet
Cash Bank On Hand	6 660 701	6 863 374	5 524 972	2 144 333	936 933
Current Assets	14 182 479	11 733 739	13 736 568	12 746 530	12 582 953
Debtors	5 881 461	3 590 571	5 716 726	6 950 233	7 954 245
Net Assets Liabilities	5 420 546	5 224 505	5 250 684	4 656 742	4 280 794
Other Debtors	114 483	52 429	19 471	1 374	10 000
Property Plant Equipment	599 271	656 075	695 878	640 089	931 242
Total Inventories	1 640 317	1 279 794	2 494 870	3 651 964	3 691 775

Other Financial Data
Estimated Money Value Benefits In Kind For Audit Services	8 500	10 000
Accumulated Depreciation Impairment Property Plant Equipment	561 169	620 353	724 073	889 409	920 843
Additions Other Than Through Business Combinations Property Plant Equipment		519 790
Administration Support Average Number Employees	11	12
Administrative Expenses	2 033 341	1 687 662	1 620 477	1 587 960	1 984 708
Applicable Tax Rate	19	19	19	19	19
Average Number Employees During Period	32	30	32	41	37
Balances With Banks	1 636 054	1 843 771
Capital Commitments		59 998		52 000	212 545
Cash Cash Equivalents	6 660 701	6 863 374
Cash Cash Equivalents Cash Flow Value	6 660 701		5 524 972	2 144 333
Cash On Hand	5 246	516	2 874	2 669	1 168
Comprehensive Income Expense	944 749	403 959	26 179	5 858	224 052
Cost Sales	27 071 283	20 062 264	22 256 491	21 338 081	17 986 923
Creditors	9 338 722	7 118 364	9 141 043	8 706 776	9 156 716
Current Tax For Period	245 231	83 890	22 520	20 666	3 143
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period		9 309
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws	1 978	-2 878
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-18 789	18 032
Deferred Tax Liabilities	22 482	46 945
Depreciation Amortisation Expense	214 050	231 197	254 233	243 329	260 804
Depreciation Expense Property Plant Equipment	214 050	231 197	254 233	243 329	260 804
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-172 013		77 993	229 370
Disposals Property Plant Equipment		-403 802		100 661	373 963
Dividend Per Share Interim		5
Dividends Paid	-600 000	-600 000		600 000	600 000
Dividends Paid Classified As Financing Activities	-600 000	-600 000			-600 000
Dividends Paid On Shares Interim	600 000	600 000
Further Item Debtors Component Total Debtors	72 540
Future Minimum Lease Payments Under Non-cancellable Operating Leases	3 682	2 240 635	170 000	170 000	240 000
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	1 461 019	2 304 248	2 084 049	-1 031 648	30 216
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-803 047	-2 218 350	-2 126 155	-1 233 507	-990 482
Gain Loss In Cash Flows From Change In Inventories	-316 997	-360 523
Gain Loss On Disposals Property Plant Equipment	-8 621	-4 450	47 042	38 360	140 051
Gross Amount Due From Customers For Construction Contract Work As Asset	224 478	91 807
Gross Amount Due To Customers For Construction Contract Work As Liability	5 274 950	2 772 192
Gross Profit Loss	3 183 339	1 933 717	1 600 647	1 590 054	2 296 233
Income Taxes Paid Refund Classified As Operating Activities	737 833	-80 880	-83 890	-22 520	-17 913
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-420 627	202 673	-1 338 402	-3 380 639	-1 207 400
Increase Decrease In Current Tax From Adjustment For Prior Periods	-14	-8 340			-2 753
Increase Decrease In Existing Provisions		24 463
Increase Decrease In Net Debt From Cash Flows		202 673
Increase From Depreciation Charge For Year Property Plant Equipment		231 197		243 329	260 804
Interest Income On Bank Deposits	33 875	48 281	11 748	4 260	9 078
Interest Received Classified As Investing Activities	33 875	50 228
Interest Received Classified As Operating Activities	33 875	50 228
Key Management Personnel Compensation Short-term Employee Benefits	1 533 978	600 760
Net Cash Flows From Used In Investing Activities	-103 770	-242 223	234 931	144 920	109 976
Net Cash Flows From Used In Operating Activities	283 143	1 044 896	1 103 471	3 235 719	661 064
Net Cash Generated From Operations	1 020 976	964 016	1 019 581	3 213 199	567 799
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	1 361 951	689 391
Net Current Assets Liabilities	4 843 757	4 615 375	4 595 525	4 039 754	3 426 237
Net Debt Funds	6 660 701	6 863 374
Nominal Value Allotted Share Capital	115 791	115 791
Number Shares Issued Fully Paid	115 791	115 791
Operating Profit Loss	1 139 280	453 744	30 410	4 081	311 525
Other Creditors	52 884			587 086	600 599
Other Finance Income		1 947
Other Interest Receivable Similar Income Finance Income	33 875	50 228	12 063	4 825	50 860
Other Inventories	1 119 974	988 206
Other Operating Income Format1	-10 718	207 689	50 240	1 987
Other Payables Accrued Expenses	1 569 119	2 219 715
Other Remaining Operating Income	-10 718	207 689
Other Short-term Employee Benefits	6 489	16 774
Par Value Share		1
Pension Costs Defined Contribution Plan	67 639	62 178
Prepayments	32 034	38 050	487 062	890 550	84 208
Proceeds From Sales Property Plant Equipment	211 675	227 339	-170 706	-61 028	-284 644
Profit Loss	944 749	403 959	26 179	5 858	224 052
Profit Loss On Ordinary Activities Before Tax	1 173 155	503 972	42 473	8 906	278 026
Property Plant Equipment Gross Cost	1 160 440	1 276 428	1 419 951	1 529 498	1 852 085
Provisions	22 482	46 945	40 719	23 101	76 685
Provisions For Liabilities Balance Sheet Subtotal	22 482	46 945	40 719	23 101	76 685
Purchase Property Plant Equipment	-349 320	-519 790	-417 700	-210 208	-431 950
Revenue From Sale Goods	30 254 622	21 995 981
Selling Average Number Employees	21	18
Short-term Deposits Classified As Cash Equivalents	5 019 401	5 019 087
Social Security Costs	348 374	230 478	269 502	193 653	190 817
Staff Costs Employee Benefits Expense	3 151 378	2 155 504	2 597 993	2 053 933	1 808 904
Taxation Social Security Payable	52 277	58 044
Tax Expense Credit Applicable Tax Rate	222 899	95 755	8 070	1 692	52 825
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings	1 978	-2 878
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	3 543	6 167	2 292	-5 072	3 690
Tax Tax Credit On Profit Or Loss On Ordinary Activities	228 406	100 013	16 294	3 048	53 974
Total Assets Less Current Liabilities	5 443 028	5 271 450	5 291 403	4 679 843	4 357 479
Total Deferred Tax Expense Credit	-16 811	24 463
Total Operating Lease Payments	178 000	226 762	331 770	282 500	282 500
Trade Creditors Trade Payables	2 326 134	1 984 523	1 175 108	3 732 935	2 949 358
Turnover Revenue	30 254 622	21 995 981	23 857 138	22 928 135	20 283 156
Wages Salaries	2 728 876	1 846 074	2 259 367	1 741 058	1 570 232
Work In Progress	520 343	291 588	474 713	1 036 150	1 522 975
Amount Specific Advance Or Credit Directors	63 358		234 556
Amount Specific Advance Or Credit Made In Period Directors	-293 867	-363 358	947 376	226 774	11 125
Amount Specific Advance Or Credit Repaid In Period Directors	300 600	300 000	712 820	461 330	11 125
Director Remuneration	150 000	150 000	150 000	151 360	149 500
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1	1	1	1
Audit Fees Expenses			10 000	14 000	14 000
Other Non-audit Services Fees			2 220		540
Accrued Liabilities			1 956 791	251 274	332 719
Accrued Liabilities Deferred Income			5 866 672	4 051 141	4 964 604
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss				-17 618	53 584
Corporation Tax Payable			22 520	20 666	3 143
Further Item Interest Expense Component Total Interest Expense					84 359
Further Item Interest Income Component Total Interest Income			315	565	41 782
Further Operating Expense Item Component Total Operating Expenses			421 531	-288 871	185 354
Gain Loss On Disposal Assets Income Statement Subtotal			47 042	38 360	140 051
Government Grant Income			50 240	1 987
Income From Related Parties			2 338	16 983	7 736
Increase Decrease In Stocks Inventories Finished Goods Work In Progress			1 215 076	1 157 094	39 811
Interest Paid Classified As Operating Activities					-75 352
Interest Payable Similar Charges Finance Costs					84 359
Issue Equity Instruments				200
Loans Owed By Related Parties			1 125	1 923
Loans Owed To Related Parties			-120 439	-1 086 812	-944 616
Merchandise			2 020 157	2 615 814	2 168 800
Net Cash Flows From Used In Financing Activities					436 360
Net Interest Received Paid Classified As Investing Activities			-12 063	-4 260	-37 330
Other Deferred Tax Expense Credit			-6 226	-17 618	53 584
Other Remaining Borrowings					163 540
Other Taxation Social Security Payable			119 952	20 400	2 627
Payments To Related Parties			957 534	1 097 870	1 087 592
Pension Other Post-employment Benefit Costs Other Pension Costs			69 124	119 222	47 855
Prepayments Accrued Income			191 127	1 134 122	1 428 910
Proceeds From Borrowings Classified As Financing Activities					-4 213 540
Proceeds From Issuing Shares					-100
Repayments Borrowings Classified As Financing Activities					-4 050 000
Total Additions Including From Business Combinations Property Plant Equipment				210 208	696 550
Total Current Tax Expense Credit				20 666	390
Trade Debtors Trade Receivables			4 784 510	4 924 187	391 197

Company staff

Adam D.

Role: Director

Appointed: 20 February 2017

Latest update: 10 March 2024

Gill D.

Role: Director

Appointed: 10 November 2009

Resigned: 30 November 2016

Latest update: 10 March 2024

Gill D.

Role: Secretary

Appointed: 02 August 2005

Resigned: 28 November 2016

Latest update: 10 March 2024

Philip D.

Role: Director

Appointed: 02 August 2005

Resigned: 10 November 2009

Latest update: 10 March 2024

Wb Company Secretaries Limited

Role: Corporate Secretary

Appointed: 05 July 2005

Resigned: 02 August 2005

Address: Newcastle Upon Tyne, Tyne & Wear, NE99 1YQ

Latest update: 10 March 2024

Wb Company Directors Limited

Role: Corporate Director

Appointed: 05 July 2005

Resigned: 02 August 2005

Address: Newcastle Upon Tyne, Tyne & Wear, NE99 1YQ

Latest update: 10 March 2024

Jl Nominees Two Limited

Role: Corporate Nominee Secretary

Appointed: 27 May 2005

Resigned: 05 July 2005

Address: 5 North Street, Newcastle Upon Tyne, NE1 8DF

Latest update: 10 March 2024

Jl Nominees One Limited

Role: Corporate Nominee Director

Appointed: 27 May 2005

Resigned: 05 July 2005

Address: 5 North Street, Newcastle Upon Tyne, NE1 8DF

Latest update: 10 March 2024

People with significant control

Executives who control the firm include: Adam D. owns 1/2 or less of company shares and has over 1/2 to 3/4 of voting rights. James D. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Adam D.

Notified on 27 May 2017

Nature of control:

over 1/2 to 3/4 of voting rights

1/2 or less of shares

James D.

Notified on 27 May 2017

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	30 November 2023
Account last made up date	28 February 2022
Confirmation statement next due date	10 June 2024
Confirmation statement last made up date	27 May 2023

Annual Accounts
Start Date For Period Covered By Report	2019-03-01
End Date For Period Covered By Report	2020-02-29
Annual Accounts
Start Date For Period Covered By Report	01 March 2021
End Date For Period Covered By Report	28 February 2022
Annual Accounts
Start Date For Period Covered By Report	01 March 2022
End Date For Period Covered By Report	28 February 2023

Newquip Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Adam D.

Gill D.

Gill D.

Philip D.

Wb Company Secretaries Limited

Wb Company Directors Limited

Jl Nominees Two Limited

Jl Nominees One Limited

People with significant control

Adam D.

James D.

Accounts Documents

Company filings

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