Nittan Europe Limited in Old Woking, GU22 9LQ

Description

Data updated on: 01-11-2023

The Nittan Europe Limited business has been operating in this business for fifty two years, as it's been established in 1972. Started with Registered No. 01057974, Nittan Europe was set up as a Private Limited Company with office in Nittan Europe Limited, Old Woking GU22 9LQ. Its present name is Nittan Europe Limited. This company's former associates may know this firm as Nittan (UK), which was in use up till 2011-12-13. This company's Standard Industrial Classification Code is 27900 and has the NACE code: Manufacture of other electrical equipment. 2023-02-28 is the last time company accounts were reported.

As the information gathered suggests, the company was founded in 1972-06-13 and has been run by twenty nine directors, and out this collection of individuals three (Tetsuya A., Masanori O. and Toru N.) are still active. In order to find professional help with legal documentation, this specific company has been utilizing the skillset of Tetsuya A. as a secretary since 2022.

Previous company's names
Nittan Europe Limited 2011-12-13
Nittan (UK) Limited 1972-06-13

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-02-28	2015-02-28
Currency
Net Worth	1 988 221	2 477 716

Balance Sheet
Cash Bank In Hand	154 520	546 389
Current Assets	2 979 910	4 215 051
Debtors	1 658 389	1 882 961
Intangible Fixed Assets	128 412	109 854
Net Assets Liabilities Including Pension Asset Liability	1 988 221	2 477 716
Other Debtors	106 900	147 370
Stocks Inventory	1 167 001	1 785 701
Tangible Fixed Assets	107 718	114 190
Trade Debtors	1 430 904	1 441 363

Capital & Reserves
Called Up Share Capital	1 193 716	1 193 716
Profit Loss Account Reserve	314 505	804 000
Shareholder Funds	1 988 221	2 477 716

Other Financial Data
Audit Fees Expenses	23 900	8 920
Director Remuneration	126 312	198 505
Accruals Deferred Income Within One Year	126 186	37 017
Administrative Expenses	1 677 798
Amortisation Intangible Assets Expense	76 328
Amount Due From To Related Party		-3 800
Amounts Owed By Subsidiaries	100 639	291 569
Amounts Owed To Subsidiaries Within One Year	475 341	1 357 149
Average Number Employees During Period	33
Bank Borrowings Overdrafts	228 111	228 000
Bank Loans Overdrafts Finance Charges	3 602
Cash Flow Outflow Before Management Liquid Resources Financing	-2 254
Cash Flow Outflow From Capital Expenditure Financial Investment	-17 112
Cash Flow Outflow From Operating Activities	-32 227
Cash Flow Outflow From Returns On Investments Servicing Finance	47 085
Cost Sales	4 265 152
Creditors Due Within One Year	1 321 535	2 055 095
Debt Due Within One Year	228 111	228 000
Decrease Increase In Debtors	-184 561
Decrease Increase In Net Debt During Period	-2 254
Decrease Increase In Net Debt Resulting From Cash Flows	-2 254
Decrease Increase In Stocks	83 600
Depreciation Tangible Fixed Assets Expense	32 907	23 521
Distribution Costs	2 238
Dividends Received	53 631
Fixed Asset Investments Cost Or Valuation	93 716	93 716
Fixed Assets	329 846	317 760
Foreign Exchange Gain Loss Recognised In Profit Loss	-9 145
Geographic Segment Revenue By Destination	937 171	891 148
Gross Profit Loss	1 528 816
Hire Leasing Plant Machinery Costs	17 005
Hire Property Other Lease Expenditure	73 670
Income From Shares In Subsidiaries Group Undertakings	53 631
Increase Decrease In Creditors	110 719
Increase Decrease In Net Cash For Period	-2 143
Intangible Fixed Assets Additions		24 800
Intangible Fixed Assets Aggregate Amortisation Impairment	472 562	515 920
Intangible Fixed Assets Amortisation Charged In Period		43 358
Intangible Fixed Assets Cost Or Valuation	600 974	625 774
Interest Paid	6 546
Interest Payable Similar Charges	6 546
Investments Fixed Assets	93 716	93 716
Loans From Joint-ventures Associates Group Undertakings Finance Charges	2 944
Net Current Assets Liabilities	1 658 375	2 159 956
Net Debt Funds	73 591	-318 389
Net Increase Decrease In Shareholders Funds	-104 135
Number Shares Allotted	1 193 716	1 193 716
Operating Profit Loss	-151 220
Other Creditors Due Within One Year	4 114	11 085
Other Departments Average Number Employees	17
Other Taxation Social Security Within One Year	26 013	21 356
Par Value Share		1
Pension Costs	54 920
Pension Costs Defined Contribution Scheme	54 920
Percentage Turnover Attributable To Markets Outside U K	84
Prepayments Accrued Income Current Asset	19 946	2 659
Production Average Number Employees	16
Profit Loss For Period	-104 135
Profit Loss On Ordinary Activities Before Tax	-104 135
Purchase Intangible Fixed Assets	8 055
Purchase Tangible Fixed Assets	9 057
Repayment Borrowings	-111
Share Premium Account	480 000	480 000
Social Security Costs	72 813
Staff Costs	1 020 176
Stocks Raw Materials Consumables	528 845
Tangible Fixed Assets Additions		12 786
Tangible Fixed Assets Cost Or Valuation	974 189	1 004 182
Tangible Fixed Assets Depreciation	866 471	889 992
Tangible Fixed Assets Depreciation Charged In Period		13 442
Total Depreciation Amortisation Impairment Charges	109 235
Trade Creditors Within One Year	461 770	400 488
Turnover Gross Operating Revenue	5 793 968	7 088 193
Value Shares Allotted	1 193 716	1 193 716
Wages Salaries	892 443
Work In Progress	70