On-site Welding And Engineering Company Limited in Bridgend, CF31 3TP

Description

Data updated on: 01-11-2023

On-site Welding And Engineering Company Limited has existed on the local market for 68 years. Started with Companies House Reg No. 00570177 in the year 1956, the company have office at Unit 3C North Road, Bridgend CF31 3TP. This firm's classified under the NACE and SIC code 46740 meaning Wholesale of hardware, plumbing and heating equipment and supplies. On-site Welding And Engineering Company Ltd reported its latest accounts for the financial period up to 2022/12/31. The firm's latest confirmation statement was submitted on 2023/04/16.

Within the following company, the majority of director's assignments have so far been fulfilled by Michael W. and Russell J.. Amongst these two people, Russell J. has carried on with the company for the longest time, having been a vital addition to company's Management Board since August 1991.

Russell J. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
Currency

Balance Sheet
Cash Bank On Hand	1 314 667	1 603 721	1 758 468	1 940 664	2 215 656	2 682 336	2 714 881	2 901 246	3 032 802
Current Assets	1 738 688	2 032 101	2 250 408	2 276 323	2 574 772	3 066 481	3 109 170	3 229 795	3 330 864
Debtors	333 255	338 116	396 635	238 154	256 914	283 293	287 937	222 197	174 562
Net Assets Liabilities	1 550 689	1 806 509	2 108 758	2 339 032	2 624 463	3 022 431	3 042 434	3 250 510	3 341 973
Other Debtors	68 035	7 455	50 354	4 481	6 808	25 207	66 274	5 338	8 401
Property Plant Equipment	211 147	210 274	254 200	461 422	444 883	418 196	405 032	418 367	401 961
Total Inventories	90 766	90 264	95 305	97 505	102 202	100 852	106 352	106 352

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets			966	3 679	6 392	9 597	14 591	18 618	20 899
Accumulated Depreciation Impairment Property Plant Equipment	177 314	188 657	206 008	231 193	259 787	288 474	313 999	317 299	343 475
Additions Other Than Through Business Combinations Property Plant Equipment		10 470	61 277	232 406
Average Number Employees During Period					10	8	8	8	8
Bank Borrowings Overdrafts	10 935	15 177
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	-1 458 756	-1 547 408	-1 547 408
Corporation Tax Payable	81 980	63 748	76 820	65 389	68 483	98 323	8 729	57 841	36 406
Corporation Tax Recoverable								11 654
Creditors	357 203	396 136	362 397	360 124	388 481	468 520	471 044	388 223	383 398
Dividends Paid On Shares				9 886	7 173
Fixed Assets		210 274	260 477	471 308	452 056	437 369	419 211	428 519	409 832
Future Minimum Lease Payments Under Non-cancellable Operating Leases				27 000	13 500	202 500	189 000	175 500	162 000
Increase From Amortisation Charge For Year Intangible Assets			966	2 713	2 713	3 205	4 994	4 027	2 281
Increase From Depreciation Charge For Year Property Plant Equipment		11 343	17 351	25 185	28 595	28 687	25 525	24 000	26 176
Intangible Assets			6 277	9 886	7 173	19 173	14 179	10 152	7 871
Intangible Assets Gross Cost			7 243	13 565	13 565	28 770	28 770	28 770
Investment Property Fair Value Model				-1 547 408
Loans From Directors	10 935	15 177
Net Current Assets Liabilities	1 381 485	1 635 965	1 888 011	1 916 199	2 186 291	2 597 961	2 638 126	2 841 572	2 947 466
Other Creditors		82 949	20 000	21 258	41 505	81 134	101 936	90 552	70 739
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment								20 700
Other Disposals Property Plant Equipment								20 700
Other Taxation Social Security Payable	40 441	26 935	31 860	22 413	21 015	34 449	28 736	16 584	13 795
Profit Loss	338 652	255 820	334 249	274 274	305 431
Property Plant Equipment Gross Cost	388 461	398 931	460 209	692 615	704 670	706 670	719 031	735 666	745 436
Provisions For Liabilities Balance Sheet Subtotal	41 943	39 730	39 730	48 475	13 884	12 899	14 903	19 581	15 325
Taxation Including Deferred Taxation Balance Sheet Subtotal	41 943	39 730
Total Additions Including From Business Combinations Property Plant Equipment					12 055	2 000	12 361	37 335	9 770
Total Assets Less Current Liabilities	1 592 632	1 846 239	2 148 488	2 387 507	2 638 347	3 035 330	3 057 337	3 270 091	3 357 298
Trade Creditors Trade Payables	177 319	222 504	233 717	251 064	257 478	254 614	331 643	223 246	262 458
Trade Debtors Trade Receivables	265 220	330 661	346 281	233 673	250 106	258 086	221 663	205 205	166 161

Company staff

Michael W.

Role: Secretary

Appointed: 01 December 2010

Latest update: 2 January 2024

Michael W.

Role: Director

Appointed: 01 December 2010

Latest update: 2 January 2024

right to manage directors

Barbara J.

Notified on 6 April 2016

Ceased on 5 April 2017

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less 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 April 2024
Confirmation statement last made up date	16 April 2023

Annual Accounts
Start Date For Period Covered By Report	2016-01-01
End Date For Period Covered By Report	2016-12-31
Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	2017-12-31
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31
Annual Accounts
Start Date For Period Covered By Report	2023-01-01
End Date For Period Covered By Report	2023-12-31

On-site Welding And Engineering Company Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Michael W.

Michael W.

Russell J.

Christopher J.

Nicholas J.

Gwilym J.

People with significant control

Russell J.

Barbara J.

Accounts Documents

Company filings

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