Oilquip Limited in South Shields, NE34 0NU

Description

Data updated on: 01-11-2023

2007 is the date that marks the launching of Oilquip Limited, the company that is situated at 6a/b Throckley Way, Middlefields Industrial Estate, South Shields. This means it's been seventeen years Oilquip has existed on the local market, as it was registered on 2007-07-13. The registered no. is 06311643 and its zip code is NE34 0NU. This firm's declared SIC number is 25990 which stands for Manufacture of other fabricated metal products n.e.c.. Oilquip Ltd filed its latest accounts for the financial year up to Thu, 31st Mar 2022. The business most recent annual confirmation statement was submitted on Thu, 13th Jul 2023.

In order to be able to match the demands of their customers, the firm is permanently being overseen by a group of two directors who are Richard S. and Glenn E.. Their work been of extreme use to the following firm since 2018.

Executives with significant control over the firm are: Mark T. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Glenn E. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-1 288	220 810	254 435	277 930

Balance Sheet
Cash Bank On Hand								175 282	639	1 842	53	20
Current Assets			1 999	27 771			53 382	243 510	184 827	185 111	192 563	235 107
Debtors				21 194	51 014	66 571	53 382	68 228	42 927	52 008	62 510	105 087
Net Assets Liabilities					81 287	97 537	98 190	109 527	66 523	46 939	50 897	17 970
Other Debtors					51 014	1 850	4 647	16 711	40 611	27 319	26 662	100 495
Property Plant Equipment					340 772	383 780	370 040	298 252	309 186	293 340	280 387	266 769
Total Inventories									141 261	131 261	130 000	130 000
Cash Bank In Hand	1 809	4 845	1 999	6 577
Net Assets Liabilities Including Pension Asset Liability	-1 288	220 811	254 435	277 930
Tangible Fixed Assets	194 990	194 990	229 535	244 105

Capital & Reserves
Called Up Share Capital	100	1 100	1 100	1 100
Profit Loss Account Reserve	-1 388	-29 289	4 335	27 830
Shareholder Funds	-1 288	220 810	254 435	277 930

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets						75	225	375	525	675	750
Accumulated Depreciation Impairment Property Plant Equipment					31 223	40 780	54 520	67 512	86 694	102 540	116 759	130 376
Additions Other Than Through Business Combinations Intangible Assets						750
Additions Other Than Through Business Combinations Property Plant Equipment						82 565		16 719	30 116		1 266
Amortisation Rate Used For Intangible Assets						20		20
Average Number Employees During Period					12	2	3	2	3	3	3	4
Bank Borrowings								143 000	143 000	183 000	181 669
Bank Borrowings Overdrafts					108 656	79 909	110 680	143 000			181 669	164 503
Bank Overdrafts										10 000	10 000
Corporation Tax Payable					4 651	14 932	1 219	4 250
Creditors					237 564	299 077	285 035	353 672	346 629	312 552	306 612	164 503
Deferred Tax Asset Debtors												8 420
Deferred Tax Liabilities					7 179	6 593	9 696	11 453
Depreciation Rate Used For Property Plant Equipment						15		15
Fixed Assets	194 990	444 990	479 535	494 105	340 772	384 455	370 565	374 142	384 926	368 930	355 902	342 284
Future Minimum Lease Payments Under Non-cancellable Operating Leases							218 917	215 367
Increase From Amortisation Charge For Year Intangible Assets						75		150	150	150	75
Increase From Depreciation Charge For Year Property Plant Equipment						9 557		12 992	19 182	15 846	14 219	13 618
Intangible Assets						675	525	375	225	75
Intangible Assets Gross Cost						750		750	750	750	750
Investment Property											75 515	75 515
Investment Property Fair Value Model											75 515
Investments Fixed Assets		250 000	250 000	250 000				75 515	75 515	75 515	75 515
Minimum Lease Payments Receivable Under Non-cancellable Operating Leases						222 467
Net Current Assets Liabilities	-196 278	-114 893	-109 581	-116 110	-186 550	-232 506	-231 653	-110 162	-161 802	-127 441	-113 287	-150 159
Net Deferred Tax Liability Asset					-385	6 593	-2 025	11 468
Other Creditors					101 889	167 205	122 333	321 307	279 206	225 246	281 424	361 160
Other Investments Other Than Loans								75 515	75 515	75 515	75 515
Other Taxation Social Security Payable					22 368	20 800	2 987				-762	4 329
Property Plant Equipment Gross Cost					371 995	424 560	424 560	441 279	395 880	395 880	397 145
Provisions For Liabilities Balance Sheet Subtotal								11 453	13 601	11 550	10 049	9 652
Taxation Including Deferred Taxation Balance Sheet Subtotal					7 179	6 593	9 696	11 453
Taxation Social Security Payable								4 250	4 275	50 854
Total Assets Less Current Liabilities	-1 288	330 097	369 954	377 995	154 222	151 949	138 912	263 980	223 124	241 489	242 615	192 125
Total Increase Decrease From Revaluations Property Plant Equipment						-30 000
Trade Creditors Trade Payables						16 231	47 816	28 115	63 148	26 452	15 188	17 592
Trade Debtors Trade Receivables						64 721	48 735	51 517	2 316	24 689	36 610	-3 828
Amount Specific Advance Or Credit Directors								213 815	223 148	224 986	224 986
Amount Specific Advance Or Credit Made In Period Directors									-118 961	-15 668
Amount Specific Advance Or Credit Repaid In Period Directors									-128 294	-17 506
Creditors Due After One Year		109 286	115 519	100 065
Creditors Due Within One Year	198 087	119 738	111 580	143 881
Number Shares Allotted	100	1 100	1 100	1 100
Par Value Share		1	1	1
Share Capital Allotted Called Up Paid	100	1 100	1 100	1 100
Share Premium Account		249 000	249 000	249 000
Tangible Fixed Assets Additions			36 000	26 245
Tangible Fixed Assets Cost Or Valuation	194 990	194 990	230 990	257 235
Tangible Fixed Assets Depreciation			1 455	13 130
Tangible Fixed Assets Depreciation Charged In Period			1 455	11 675

Company staff

Richard S.

Role: Director

Appointed: 04 December 2018

Latest update: 19 February 2024

Glenn E.

Role: Director

Appointed: 09 September 2008

Latest update: 19 February 2024

People with significant control

Mark T.

Notified on 13 December 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Glenn E.

Notified on 14 July 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	30 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	27 July 2024
Confirmation statement last made up date	13 July 2023

Annual Accounts 30 September 2014
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Date Approval Accounts	30 September 2014
Annual Accounts
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Annual Accounts
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Annual Accounts
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Annual Accounts
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Annual Accounts
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Annual Accounts 19 November 2012
End Date For Period Covered By Report	31 March 2012
Date Approval Accounts	19 November 2012
Annual Accounts 22 July 2013
End Date For Period Covered By Report	31 March 2013
Date Approval Accounts	22 July 2013
Annual Accounts
End Date For Period Covered By Report	31 March 2014

Oilquip Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Richard S.

Glenn E.

Glenn E.

James D.

People with significant control

Mark T.

Glenn E.

Accounts Documents

Company filings

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