Northern Hydraulics Ltd in Co. Tyrone, BT71 4QG

Description

Data updated on: 01-11-2023

The exact moment this company was founded is 2001-01-15. Established under company registration number NI039984, this firm is classified as a Private Limited Company. You may find the headquarters of the company during its opening times at the following address: 63 Gortgonis Road Coalisland, BT71 4QG Co. Tyrone. The company's SIC and NACE codes are 25990 which means Manufacture of other fabricated metal products n.e.c.. 2022-12-31 is the last time company accounts were filed.

Northern Hydraulics Ltd is a small-sized vehicle operator with the licence number ON1119238. The firm has one transport operating centre in the country. In their subsidiary in Dungannon on Coalisland, 1 machine is available.

From the data we have, this particular company was formed twenty three years ago and has so far been managed by four directors, and out this collection of individuals two (Barry M. and Seamus M.) are still functioning. What is more, the managing director's assignments are helped with by a secretary - Seamus M., who was appointed by this specific company in January 2001.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-11-30	2013-11-30	2014-11-30	2015-11-30	2016-11-30	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	814 221	998 271	1 423 919	1 640 087	1 718 373

Balance Sheet
Cash Bank On Hand						77 589	3 493	23 590	770 715	1 097 349	1 399 748
Current Assets	1 450 243	1 558 467	2 185 126	2 546 119	2 557 431	3 608 623	5 296 334	3 229 126	3 848 902	6 703 724	7 200 117
Debtors	965 870	974 216	1 212 896	1 584 851	1 662 737	2 027 286	3 164 696	1 711 509	1 741 065	3 153 096	3 913 614
Net Assets Liabilities						2 149 807	2 839 386	3 416 127	3 750 000	5 086 173	6 528 923
Other Debtors							1 250				28 000
Property Plant Equipment						2 742 336	3 163 506	3 064 452	2 915 577	3 148 593	3 407 599
Total Inventories						1 503 748	2 128 145	1 494 027	1 337 122	2 453 279	1 886 755
Net Assets Liabilities Including Pension Asset Liability	814 221	998 271	1 423 919	1 640 087	1 718 373
Stocks Inventory	484 373	584 251	972 230	961 268	894 694
Tangible Fixed Assets	1 574 806	1 723 900	2 317 435	2 562 939	2 509 658

Capital & Reserves
Called Up Share Capital	50 000	50 000	50 000	50 000	50 000
Profit Loss Account Reserve	764 221	948 271	1 373 919	1 590 087	1 668 373
Shareholder Funds	814 221	998 271	1 423 919	1 640 087	1 718 373

Other Financial Data
Audit Fees Expenses						7 800	13 150	8 750
Director Remuneration						44 968	38 556	30 661	48 400	48 400	50 100
Dividend Recommended By Directors							15 000
Accrued Liabilities Deferred Income						51 766	16 384	66 469	65 132	293 701	102 750
Accrued Liabilities Not Expressed Within Creditors Subtotal						121 686	109 518	98 566	88 709	138 170	217 025
Accumulated Depreciation Impairment Property Plant Equipment						1 176 217	1 369 449	1 537 386	1 731 873	1 934 520	2 129 480
Additional Provisions Increase From New Provisions Recognised							68 641
Administrative Expenses						703 550	897 860	1 042 476	1 010 037	1 174 039	1 481 230
Applicable Tax Rate						19	19	19	19	19	19
Average Number Employees During Period						69	77	83	67	67
Bank Borrowings						297 167	50 093	80 928	81 815	91 579	81 821
Bank Borrowings Overdrafts						297 167	705 597	626 367	642 449	582 159	528 011
Bank Overdrafts						1 393 420	2 173 395	317 964
Cash Cash Equivalents Cash Flow Value						45 141	-2 169 902	-294 374	770 715	1 097 349
Comprehensive Income Expense						431 432	704 579	610 741	393 873	1 407 173	1 492 750
Corporation Tax Payable						24 809	130 537	70 664	69 246	219 357	272 411
Cost Sales						6 705 677	8 569 015	8 459 397	6 244 170	10 491 132	12 196 674
Creditors						389 791	996 990	882 550	810 210	725 585	682 896
Current Tax For Period						703	35 532	70 664	69 246	217 879	272 411
Depreciation Amortisation Expense						158 123	193 232	215 137	204 726	205 086	220 539
Depreciation Expense Property Plant Equipment						158 124	193 232	215 137
Dividends Paid							15 000	34 000	60 000	71 000	50 000
Dividends Paid Classified As Financing Activities							-15 000	-34 000	-60 000	-71 000	-50 000
Dividends Paid On Shares Final							15 000
Finance Lease Liabilities Present Value Total						92 624	291 393	256 183	117 895	137 496	137 631
Finished Goods						293 398	579 092	541 264	333 291	794 859	401 698
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities						-1 360 972	-794 462
Further Item Interest Expense Component Total Interest Expense						49 931	74 902	52 598	13 191	5 923	5 364
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss						-14 829	51 054	29 456
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						488 520	257 646	-732 231	590 281	1 532 274	-836 538
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						-364 549	-1 137 410	1 453 187	-29 556	-1 412 031	-463 279
Gain Loss On Disposal Assets Income Statement Subtotal						-3 750		-42 018	-9 370	-3 561	-31 283
Gain Loss On Disposals Property Plant Equipment						-3 750		-42 018
Gross Profit Loss						1 030 953	1 776 125	1 763 271	1 506 009	2 906 744	3 302 467
Income Taxes Paid Refund Classified As Operating Activities						2	70 196	-130 537	-72 152	-69 260	-219 357
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation						975 193	-854 071	1 875 528	1 065 089	326 634	302 399
Increase Decrease In Current Tax From Adjustment For Prior Periods							-24 810			-1 478	-2 461
Increase Decrease In Stocks Inventories Finished Goods Work In Progress						609 054	624 397	-634 118	-156 905	1 116 157	-566 524
Increase From Depreciation Charge For Year Property Plant Equipment							193 232	215 137		205 086	220 539
Interest Expense On Bank Loans Similar Borrowings						7 631	33 385	31 142	29 023	25 101	28 355
Interest Expense On Bank Overdrafts						13	117	237	476	50	124
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts						61 762	86 221	86 355	34 804	30 268	27 055
Interest Paid Classified As Operating Activities						-7 644	-33 502	-31 379	-29 499	-25 151	-28 479
Interest Payable Similar Charges Finance Costs						69 406	119 723	117 734	64 303	55 419	55 534
Net Cash Flows From Used In Financing Activities						-1 260 816	-192 312	113 442	227 320	304 775	622 013
Net Cash Flows From Used In Investing Activities						394 550	614 402	158 101	45 612	276 773	292 465
Net Cash Flows From Used In Operating Activities						-108 927	431 981	-2 147 071	-1 338 021	-908 182	-1 216 877
Net Cash Generated From Operations						-178 331	382 454	-2 395 342	-1 474 476	-1 032 861	-1 491 768
Net Current Assets Liabilities	150 310	206 692	356 844	-57 835	-67 900	29 712	961 793	1 496 170	1 934 122	3 143 990	4 536 200
Operating Profit Loss						501 541	928 475	783 113	542 750	1 822 346	1 894 384
Other Deferred Tax Expense Credit							68 641	-16 026	15 328	141 875	73 689
Other Operating Income Format1						174 138	50 210	62 318	46 778	89 641	73 147
Other Remaining Borrowings						1 360 972	2 155 434
Other Taxation Social Security Payable						49 723	67 276	146 844	147 521	319 682	395 505
Payments Finance Lease Liabilities Classified As Financing Activities						10 570	240 403	-32 084	-88 422	-138 434	-206 769
Pension Other Post-employment Benefit Costs Other Pension Costs						32 491	117 419	171 287
Prepayments Accrued Income						16 251	88 151		5 856	69 307	38 442
Proceeds From Borrowings Classified As Financing Activities							-389 209
Proceeds From Sales Property Plant Equipment						-12 181		-9 090	-19 609	-3 000	-49 440
Profit Loss						431 432	704 579	610 741	393 873	1 407 173	1 492 750
Profit Loss On Ordinary Activities Before Tax						432 135	808 752	665 379	478 447	1 766 927	1 838 850
Property Plant Equipment Gross Cost						3 918 553	4 532 955	4 601 838	4 647 450	5 083 113	5 537 079
Provisions						110 764	179 405	163 379	200 780	342 655	514 955
Provisions For Liabilities Balance Sheet Subtotal						110 764	179 405	163 379	200 780	342 655	514 955
Purchase Property Plant Equipment						-406 731	-614 402	-167 191	-65 221	-310 963	-341 905
Raw Materials						1 152 737	1 467 023	883 715	893 606	1 458 440	1 300 182
Repayments Borrowings Classified As Financing Activities						-77 114		-48 394	-51 867	-50 526	-63 906
Staff Costs Employee Benefits Expense						1 893 794	2 150 116	2 353 651
Tax Decrease From Utilisation Tax Losses						25 808	15 255
Tax Expense Credit Applicable Tax Rate						83 532	153 663	126 422	90 905	335 716	349 382
Tax Increase Decrease From Effect Capital Allowances Depreciation						-19 519	-23 587	-412	12 145	-70 733
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss						2 621			3 742	1 744	1 235
Tax Tax Credit On Profit Or Loss On Ordinary Activities						703	104 173	54 638	84 574	359 754	346 100
Total Additions Including From Business Combinations Property Plant Equipment							614 402	167 191		444 663	560 268
Total Assets Less Current Liabilities	1 725 116	1 930 592	2 674 296	3 025 340	2 441 758	2 772 048	4 125 299	4 560 622	4 849 699	6 292 583	7 943 799
Total Borrowings						1 462 734	2 223 488	398 892
Total Operating Lease Payments						9 392	22 915
Trade Creditors Trade Payables						1 416 791	1 767 178	915 953	1 377 558	2 491 313	1 662 167
Trade Debtors Trade Receivables						2 011 035	3 075 295	1 711 509	1 735 209	3 083 789	3 549 933
Turnover Revenue						7 736 630	10 345 140	10 222 668	7 750 179	13 397 876	15 499 141
Wages Salaries						1 861 303	2 032 697	2 182 364
Work In Progress						57 613	82 030	69 048	110 225	199 980	184 875
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss								-16 026		141 875	98 611
Capital Commitments										373 508
Deferred Tax Liabilities							179 405	163 379	178 707	320 582	394 271
Disposals Decrease In Depreciation Impairment Property Plant Equipment								47 200		2 439	25 579
Disposals Property Plant Equipment								98 308		9 000	106 302
Dividends Paid On Shares Interim							15 000	34 000	60 000	71 000	50 000
Number Shares Issued Fully Paid								50 000		50 000	50 000
Other Creditors								293	6 699	2 507	11 632
Par Value Share				1	1			1		1	1
Purchase Other Long-term Assets Classified As Investing Activities										-31 190
Tax Decrease Increase From Effect Revenue Exempt From Taxation									228
Accruals Deferred Income	12 272	47 731	65 108	151 633
Creditors Due After One Year	862 556	813 094	1 113 773	1 090 779	588 516
Creditors Due Within One Year	1 299 933	1 351 775	1 828 282	2 603 954	2 625 331
Fixed Assets	1 574 806	1 723 900	2 317 452	2 562 939	2 509 658
Number Shares Allotted				50 000	50 000
Provisions For Liabilities Charges	36 067	71 496	71 496	142 841	134 869
Share Capital Allotted Called Up Paid			50 000	50 000	50 000
Tangible Fixed Assets Additions		207 466	668 361	337 965	61 950
Tangible Fixed Assets Cost Or Valuation	2 298 033	2 505 499	3 173 860	3 511 824	3 536 060
Tangible Fixed Assets Depreciation	723 227	781 599	856 425	948 885	1 026 402
Tangible Fixed Assets Depreciation Charged In Period		58 372	74 826	92 478	90 049
Tangible Fixed Assets Depreciation Decrease Increase On Disposals					12 532
Tangible Fixed Assets Disposals					37 714

Company staff

Barry M.

Role: Director

Appointed: 31 December 2023

Latest update: 12 February 2024

Seamus M.

Role: Director

Appointed: 17 January 2001

Latest update: 12 February 2024

Seamus M.

Role: Secretary

Appointed: 15 January 2001

Latest update: 12 February 2024

People with significant control

The companies that control this firm are as follows: S.Morris Holdings Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Co. Tyrone at Gortgonis Road, Coalisland, BT71 4QG and was registered as a PSC under the registration number Ni707606.

S.Morris Holdings Ltd

Address: 63 Gortgonis Road, Coalisland, Co. Tyrone, BT71 4QG, United Kingdom

Legal authority Companies Act 2006

Legal form Private Company Limited By Shares

Country registered United Kingdom

Place registered Register Of Companies

Registration number Ni707606

Notified on 8 January 2024

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Seamus M.

Notified on 6 April 2016

Ceased on 8 January 2024

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	30 December 2023
Confirmation statement last made up date	16 December 2022

Annual Accounts 17 February 2014
Start Date For Period Covered By Report	2012-12-01
End Date For Period Covered By Report	2013-11-30
Date Approval Accounts	17 February 2014
Annual Accounts 15 May 2015
Start Date For Period Covered By Report	2013-12-01
End Date For Period Covered By Report	2014-11-30
Date Approval Accounts	15 May 2015
Annual Accounts 29 June 2016
Start Date For Period Covered By Report	2014-12-01
End Date For Period Covered By Report	2015-11-30
Date Approval Accounts	29 June 2016
Annual Accounts 15 August 2017
Start Date For Period Covered By Report	2015-12-01
End Date For Period Covered By Report	2016-11-30
Date Approval Accounts	15 August 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022

Northern Hydraulics Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Barry M.

Seamus M.

Seamus M.

S M.

Robert P.

People with significant control

S.Morris Holdings Ltd

Seamus M.

Accounts Documents

Company Vehicle Operator Data

63 Gortgonis Road

Address

City

Postal code

No. of Vehicles

Company filings

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