Northumbria Optical Coatings Limited in Boldon, NE35 9PZ

Description

Data updated on: 01-11-2023

Northumbria Optical Coatings came into being in 1994 as a company enlisted under no 03005203, located at NE35 9PZ Boldon at Unit 10 Burford Way. This company has been in business for thirty years and its official status is active. 29 years from now this business switched its registered name from Sharepractice to Northumbria Optical Coatings Limited. This enterprise's registered with SIC code 32990 meaning Other manufacturing n.e.c.. Northumbria Optical Coatings Ltd released its latest accounts for the period that ended on 2022-05-31. The latest confirmation statement was submitted on 2023-05-18.

Given the company's constant expansion, it became vital to choose other executives: Adam H. and Nicholas G. who have been collaborating for eight years for the benefit of this business. To support the directors in their duties, the abovementioned business has been utilizing the skills of Nicholas G. as a secretary since January 1995.

Nicholas G. is the individual with significant control over this firm, owns 1/2 or less of company shares.

Previous company's names
Northumbria Optical Coatings Limited 1995-02-08
Sharepractice Limited 1994-12-23

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31
Currency

Balance Sheet
Cash Bank On Hand	230 263	304 443	364 684	446 473	380 135	669 521
Current Assets	807 051	963 363	905 068	1 061 601	1 132 983	1 449 503
Debtors	429 281	492 551	345 417	413 091	487 306	519 715
Net Assets Liabilities	981 673	1 072 738	1 154 150	1 244 060	1 328 557	1 342 240
Other Debtors			7 560	4 792	40 749	51 932
Property Plant Equipment	496 244	391 437	459 353	485 237	657 014	531 924
Total Inventories	147 507	166 369	194 967	202 037	265 542	260 267

Other Financial Data
Accrued Liabilities Deferred Income	31 407	56 809	75 144	83 075
Accrued Liabilities Not Expressed Within Creditors Subtotal	37 161	29 546	35 113	42 530	40 758	34 576
Accumulated Amortisation Impairment Intangible Assets	193 637	236 213	254 000	254 000	254 000
Accumulated Depreciation Impairment Property Plant Equipment	753 980	893 948	1 043 597	1 184 695	1 357 635	1 523 005
Additions Other Than Through Business Combinations Intangible Assets				12 600
Additions Other Than Through Business Combinations Property Plant Equipment		36 609	217 565	166 982
Amounts Recoverable On Contracts	199 466	127 960	83 693	68 331	84 347	136 992
Bank Borrowings Overdrafts	17 650	1 650				156 250
Corporation Tax Payable	35 590		5 855	30 265
Corporation Tax Recoverable		41 312			12 925
Creditors	40 570	1 650	184 909	274 518	111 394	191 701
Dividends Paid	96 000	87 000	126 000
Dividends Paid On Shares			32 400
Finance Lease Liabilities Present Value Total	22 920	22 920
Fixed Assets		409 224	541 753	580 237	764 614	639 524
Future Minimum Lease Payments Under Non-cancellable Operating Leases			286 842	51 157	48 187	55 166
Increase From Amortisation Charge For Year Intangible Assets		42 576	17 787
Increase From Depreciation Charge For Year Property Plant Equipment		140 673	149 649	141 098	172 940	165 370
Intangible Assets	60 363	17 787	32 400	45 000	50 000	50 000
Intangible Assets Gross Cost	254 000	254 000	286 400	299 000	304 000
Investments Fixed Assets			50 000	50 000	57 600	57 600
Net Current Assets Liabilities	582 612	754 254	720 159	787 083	834 083	1 024 446
Number Shares Issued Fully Paid		30	30
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		705
Other Disposals Property Plant Equipment		1 448
Other Taxation Social Security Payable	15 897	8 966	15 235	12 192	11 840	32 624
Par Value Share		1	1
Prepayments Accrued Income	45 599	80 534	47 805	134 909
Profit Loss	208 060	178 065	207 412
Property Plant Equipment Gross Cost	1 250 224	1 285 385	1 502 950	1 669 932	2 014 649	2 054 929
Provisions For Liabilities Balance Sheet Subtotal	79 815	59 544	72 649	80 730	117 988	95 453
Total Assets Less Current Liabilities	1 139 219	1 163 478	1 261 912	1 367 320	1 598 697	1 663 970
Trade Creditors Trade Payables	72 915	104 414	88 675	148 986	113 034	110 877
Trade Debtors Trade Receivables	184 216	242 745	206 359	205 059	242 210	210 791
Accrued Liabilities				83 075	94 865
Amounts Owed By Group Undertakings					120 000	120 000
Average Number Employees During Period				24	26	27
Bank Borrowings						250 000
Capital Commitments				203 942
Government Grants Payable					13 704
Investments In Group Undertakings					7 600	7 600
Other Creditors					111 394	35 451
Other Investments Other Than Loans				50 000	50 000	50 000
Other Remaining Borrowings					65 457
Prepayments				134 909	27 517
Recoverable Value-added Tax				4 792	307
Total Additions Including From Business Combinations Intangible Assets					5 000
Total Additions Including From Business Combinations Property Plant Equipment					344 717	40 280