Oltec Group Holding Ltd in Wigan, WN2 3BU

Description

Data updated on: 01-11-2023

1991 marks the founding of Oltec Group Holding Ltd, a company that is situated at 208 Wigan Road, Hindley in Wigan. This means it's been thirty three years Oltec Group Holding has been on the market, as the company was created on 1991-09-05. Its reg. no. is 02643240 and the zip code is WN2 3BU. The business name of the firm got changed in the year 2005 to Oltec Group Holding Ltd. The company former name was Antec Security. This business's principal business activity number is 70100 and has the NACE code: Activities of head offices. Oltec Group Holding Limited reported its account information for the financial year up to 2022-03-31. The latest annual confirmation statement was filed on 2023-08-02.

According to the official data, this firm is overseen by 1 managing director: Olivier C., who was chosen to lead the company thirty years ago. Since September 2013 Leslie T., had performed assigned duties for this firm until the resignation in May 2015. As a follow-up a different director, including Ann K. quit in 2000.

Previous company's names
Oltec Group Holding Ltd 2005-03-23
Antec Security Limited 1991-09-05

Financial data based on annual reports

Profit & Loss
Date of Accounts	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	22 266	14 597
Current Assets	707 865	724 641
Debtors	685 599	710 044
Net Assets Liabilities	1 634 738	1 787 083
Other Debtors	561 295	643 542

Other Financial Data
Accrued Liabilities Deferred Income	265	265
Accumulated Amortisation Impairment Intangible Assets	95 380	1 081 182
Accumulated Depreciation Impairment Property Plant Equipment	311 142	344 315
Acquired Through Business Combinations Intangible Assets		118 599
Acquired Through Business Combinations Property Plant Equipment		4 023
Additions Other Than Through Business Combinations Property Plant Equipment		55 190
Administrative Expenses	1 108 457	1 228 038
Amounts Owed To Group Undertakings	635 198	745 238
Bank Borrowings	973 271	863 595
Bank Borrowings Overdrafts	1 113 804	1 111 577
Bank Overdrafts	977 804	966 577
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	72 543	85 191
Cash Cash Equivalents	-754 694	-801 807
Corporation Tax Payable	122 798	18 539
Cost Sales	7 780 208	9 540 775
Creditors	3 186 695	3 250 635
Current Tax For Period	95 973	160 404
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	21 602	-30 322
Dividends Paid Classified As Financing Activities	-75 781	-85 654
Finance Lease Liabilities Present Value Total	38 430	45 952
Finance Lease Payments Owing Minimum Gross	17 672	36 329
Fixed Assets	5 209 780	5 341 962
Further Item Creditors Component Total Creditors	40 000
Further Item Tax Increase Decrease Component Adjusting Items	-4 677	22 173
Increase Decrease In Current Tax From Adjustment For Prior Periods	-301	-2 459
Increase From Amortisation Charge For Year Intangible Assets		23 845
Increase From Depreciation Charge For Year Property Plant Equipment		33 173
Intangible Assets	143 070	1 331 868
Intangible Assets Gross Cost	238 450	2 413 050
Interest Expense On Debt Securities In Issue Other Similar Loans	20 516	32 605
Interest Payable Similar Charges Finance Costs	55 829	107 840
Interest Received Classified As Investing Activities	-15 174	-38 099
Investment Property	2 023 850	2 023 850
Investments Fixed Assets	3 042 860	3 198 887
Investments In Subsidiaries	3 042 860	3 198 887
Net Current Assets Liabilities	-363 306	-304 244
Net Finance Income Costs	15 174	38 099
Net Interest Paid Received Classified As Operating Activities	-55 829	-107 840
Other Creditors	749 556	116 124
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		11 787
Other Disposals Property Plant Equipment		15 734
Other Interest Receivable Similar Income Finance Income	15 174	38 099
Other Remaining Borrowings	2 299 424	2 532 040
Pension Other Post-employment Benefit Costs Other Pension Costs	138 813	143 971
Prepayments Accrued Income	115 324	103 836
Profit Loss	360 470	504 245
Property Plant Equipment Gross Cost	383 754	418 084
Provisions For Liabilities Balance Sheet Subtotal	25 041
Tax Increase Decrease From Effect Capital Allowances Depreciation	827	5 843
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	3 729	7 696
Tax Tax Credit On Profit Or Loss On Ordinary Activities	117 274	127 623
Total Assets Less Current Liabilities	4 846 474	5 037 718
Total Borrowings	1 113 804	1 111 577
Total Current Tax Expense Credit	95 672	157 945
Trade Creditors Trade Payables	320 349	469 869
Trade Debtors Trade Receivables	2 003 380	2 160 700