Nikwax Limited in East Sussex, TN5 6DF

Description

Data updated on: 01-11-2023

Based in Unit F Durgates Industrial Est., East Sussex TN5 6DF Nikwax Limited is classified as a Private Limited Company registered under the 03101664 registration number. It has been established twenty nine years ago. This company known today as Nikwax Limited, was earlier known under the name of Wandial. The change has taken place in 29th September 1995. The company's classified under the NACE and SIC code 32990 which means Other manufacturing n.e.c.. Nikwax Ltd filed its account information for the financial year up to Sun, 31st Jul 2022. The most recent annual confirmation statement was filed on Fri, 14th Jul 2023.

There is a team of three directors overseeing this specific business at the moment, specifically Nicholas D., Adam A. and Jonathan N. who have been doing the directors responsibilities since 2023.

Previous company's names
Nikwax Limited 1995-09-29
Wandial Limited 1995-09-13

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-07-31	2021-07-31	2022-07-31
Currency

Balance Sheet
Cash Bank On Hand	2 516 307	814 640	477 012
Current Assets	4 952 859	5 211 912	6 305 982
Debtors	1 407 087	2 809 600	3 630 680
Net Assets Liabilities	4 225 820	5 087 959	5 748 904
Other Debtors	68 936	71 282	42 132
Property Plant Equipment	2 851 216	2 875 271	2 626 804
Total Inventories	1 029 465	1 587 672	2 198 290

Other Financial Data
Audit Fees Expenses	12 000	12 000	12 000
Fees For Non-audit Services		10 863	20 863
Other Assurance Services Fees		5 863	15 863
Other Non-audit Services Fees	12 076	10 863
Taxation Compliance Services Fees		5 000	5 000
Accumulated Depreciation Impairment Property Plant Equipment	2 646 546	2 728 780	2 945 944
Additions Other Than Through Business Combinations Investment Property Fair Value Model			30 443
Additions Other Than Through Business Combinations Property Plant Equipment		255 174	135 259
Administration Support Average Number Employees	72	71	70
Administrative Expenses	5 451 108	6 174 653	6 125 027
Amounts Owed By Related Parties	181 576	1 381 175	2 511 495
Amounts Owed To Related Parties			550 952
Applicable Tax Rate	19	19	19
Average Number Employees During Period	110	108	106
Balances With Banks	2 493 494	802 934	463 795
Bank Borrowings	1 885 824		334 522
Bank Borrowings Overdrafts	-320 111	-503 747	-374 675
Bank Overdrafts	320 111	503 747	374 675
Cash Cash Equivalents	2 516 307	814 640	477 012
Cash Cash Equivalents Cash Flow Value	2 196 196
Cash Flows From Disposal Or Reduction In Control Over Subsidiaries Or Other Businesses		116 269
Cash Flows Used In Acquiring Or Obtaining Control Subsidiaries Or Other Businesses Classified As Investing Activities	-1 020
Cash On Hand	22 813	11 706	13 217
Corporation Tax Recoverable	11 727
Cost Sales	3 781 986	4 613 117	4 838 701
Creditors	1 941 925	147 668	137 710
Current Tax For Period	38 237		47 050
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	55 346	33 573	84 584
Deferred Tax Liabilities	87 919	121 490	206 076
Depreciation Amortisation Expense	301 907	228 465
Depreciation Expense Property Plant Equipment	301 907	228 465	217 163
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-146 232
Disposals Property Plant Equipment		-148 884
Dividend Income		553 789
Dividend Per Share Interim		1
Dividends Paid		-116 269
Dividends Paid Classified As Financing Activities		-116 269
Dividends Received Classified As Investing Activities		553 789
Finance Lease Liabilities Present Value Total	56 101	53 486	56 547
Finished Goods Goods For Resale	576 041	681 630	1 002 577
Fixed Assets	2 967 485	2 875 271	3 042 247
Future Minimum Lease Payments Under Non-cancellable Operating Leases	231 899	136 776	105 708
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	579 564	-1 013 080
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	246 222	1 414 240
Gain Loss In Cash Flows From Change In Inventories	-172 390	558 207
Gain Loss On Disposals Property Plant Equipment	-31	2 699	-59
Gain Loss On Fair Value Hedged Items Attributable To Hedged Risk			218 439
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss	-3 284	-97 524	27 732
Government Grant Income	368 806	63 918
Gross Profit Loss	5 825 479	6 631 164	6 728 058
Income Taxes Paid Refund Classified As Operating Activities	38 237	-11 727
Increase Decrease Due To Transfers Into Or Out Property Plant Equipment			-166 562
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model			218 439
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	1 552 830	-1 885 303
Increase Decrease In Existing Provisions		33 573	84 584
Increase Decrease In Net Debt From Cash Flows		188 079
Increase From Depreciation Charge For Year Property Plant Equipment		228 466	217 164
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	38 493	62 454	25 865
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	4 664	3 330	3 026
Interest Paid Classified As Financing Activities	-43 157	-65 784
Interest Paid Classified As Operating Activities	43 157	65 784
Interest Payable Similar Charges Finance Costs	43 157	65 784	28 891
Interest Received Classified As Investing Activities	8 851	3 547
Interest Received Classified As Operating Activities	8 851	557 336
Investment Property			415 443
Investment Property Fair Value Model			415 443
Investments Fixed Assets	116 269
Investments In Subsidiaries	116 269	-116 269
Key Management Personnel Compensation Short-term Employee Benefits	535 182	785 300	533 125
Net Cash Flows From Used In Financing Activities	1 275 418	-2 255 433
Net Cash Flows From Used In Investing Activities	-76 070	571 575
Net Cash Flows From Used In Operating Activities	353 482	-201 445
Net Cash Generated From Operations	391 719	-213 172
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	1 045 115	746 195
Net Current Assets Liabilities	3 288 179	2 481 848	3 050 443
Net Debt Funds	69 453	109 739
New Finance Leases		-147 793
Operating Profit Loss	743 177	520 429	603 031
Other Creditors	123 573	205 366	36 074
Other Employee Expense	90 424	131 727	183 942
Other Finance Income	8 851	3 547
Other Interest Receivable Similar Income Finance Income	8 851	557 336	218 439
Other Operating Income Format1	368 806	63 918
Other Payables Accrued Expenses	406 829	750 393	672 374
Ownership Interest In Associate Percent	24	24
Ownership Interest In Subsidiary Percent	100
Payments Finance Lease Liabilities Classified As Financing Activities	-69 186	-38 567
Pension Costs Defined Contribution Plan	63 185	89 673	77 757
Prepayments	339 136	391 421	396 834
Proceeds From Sales Property Plant Equipment		5 351
Production Average Number Employees	38	37	36
Profit Loss	615 288	978 408	660 945
Profit Loss On Ordinary Activities Before Tax	708 871	1 011 981	792 579
Property Plant Equipment Gross Cost	5 497 761	5 604 051	5 572 748
Provisions	87 919	121 492	206 076
Provisions For Liabilities Balance Sheet Subtotal	87 919	121 492	206 076
Purchase Property Plant Equipment	-83 901	-107 381
Raw Materials Consumables	453 424	906 042	1 195 713
Repayments Borrowings Classified As Financing Activities	1 387 761	-2 034 813
Revenue From Sale Goods	9 607 465	11 244 281	11 566 759
Social Security Costs	270 029	348 343	346 713
Staff Costs Employee Benefits Expense	3 607 196	4 158 746	3 982 427
Taxation Social Security Payable	97 904	88 204	85 902
Tax Decrease Increase From Effect Tax Incentives	-127 738	-81 787	-86 357
Tax Expense Credit Applicable Tax Rate	134 685	192 276	150 590
Tax Increase Decrease From Effect Capital Allowances Depreciation	27 911	-18 035	16 807
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	4 694	5 585	-30 697
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward		7 625	-3 096
Tax Increase Decrease From Other Short-term Timing Differences	55 346	33 573	84 387
Tax Increase Decrease From Other Tax Effects Tax Reconciliation	-1 315	-105 664
Tax Tax Credit On Profit Or Loss On Ordinary Activities	93 583	33 573	131 634
Total Assets Less Current Liabilities	6 255 664	5 357 119	6 092 690
Total Borrowings	1 941 925	147 668	137 710
Total Operating Lease Payments	72 968	76 781	67 238
Trade Creditors Trade Payables	531 445	1 128 868	1 127 995
Trade Debtors Trade Receivables	805 712	965 722	680 219
Turnover Revenue	9 607 465	11 244 281	11 566 759
Wages Salaries	3 183 558	3 589 003	3 374 015
Company Contributions To Money Purchase Plans Directors	5 194	26 096	6 986
Director Remuneration	281 050	534 181	346 898
Number Directors Accruing Benefits Under Money Purchase Scheme	4	4	3