Ondrives Limited in Chesterfield, S41 9RN

Description

Data updated on: 01-11-2023

Ondrives began its operations in 1995 as a Private Limited Company registered with number: 03042819. The business has operated for 29 years and the present status is active. This company's head office is based in Chesterfield at Foxwood Industrial Park. You can also find the firm by its zip code of S41 9RN. The firm name is Ondrives Limited. This company's former clients may know this firm also as Hpc Drives, which was used up till 2000/07/03. This company's Standard Industrial Classification Code is 25620 which means Machining. 2022-03-31 is the last time company accounts were reported.

According to the information we have, the limited company was established 29 years ago and has been governed by four directors.

The companies that control this firm are as follows: Ondrives Group Limited has substantial control or influence over the company owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Chesterfield at Foxwood Industrial Park, S41 9RN and was registered as a PSC under the registration number 08161681.

Previous company's names
Ondrives Limited 2000-07-03
Hpc Drives Limited 1995-04-06

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	696 342	661 360	512 609	839 707	1 090 139
Current Assets	2 478 397	2 495 733	2 374 792	2 684 291	2 846 317
Debtors	1 424 018	1 470 335	1 478 762	1 449 377	1 325 628
Net Assets Liabilities	5 035 424	5 269 609	5 093 596	5 138 698	5 434 245
Other Debtors	186 449	143 074	160 785	176 167	158 772
Property Plant Equipment	3 684 390	4 115 102	3 745 597	3 698 021	4 110 647
Total Inventories	358 037	364 038	383 421	395 207

Other Financial Data
Audit Fees Expenses	12 128	12 020	12 540	13 750	15 000
Accrued Liabilities Deferred Income	43 130	47 190	30 148	47 551	78 550
Accumulated Depreciation Impairment Property Plant Equipment	4 089 615	4 778 762	5 339 836	5 793 508	6 439 557
Additions Other Than Through Business Combinations Property Plant Equipment		1 119 859	401 674	618 696	1 144 675
Administrative Expenses	2 526 469	2 621 934	2 695 237	2 410 753	2 948 872
Amounts Owed By Group Undertakings	160 676	142 311	155 713	168 058	173 852
Amounts Owed To Group Undertakings	97 102	331 620	71 620	71 620	71 620
Average Number Employees During Period	56	60	54	56	50
Corporation Tax Payable	91 167
Corporation Tax Recoverable		90 946	49 444	50 196
Cost Sales	2 727 007	2 618 517	2 298 926	2 455 409	2 531 091
Creditors	838 416	891 639	584 362	650 001	820 186
Current Tax For Period	91 167	-90 946	-49 444
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit	-86
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	-2 705
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	22 922	160 630	-7 156	151 182	109 000
Depreciation Expense Property Plant Equipment	567 740	689 147	747 549	652 067
Dividends Paid	150 000	150 000	150 000	150 000	200 000
Dividends Paid On Shares Interim	150 000	150 000	150 000	150 000	200 000
Finished Goods Goods For Resale	358 037	364 038	383 421	395 207	430 550
Fixed Assets	3 684 530	4 115 242	3 745 737	3 698 161	4 110 867
Further Item Tax Increase Decrease Component Adjusting Items		33 790	-429	-35 266	-48 845
Future Minimum Lease Payments Under Non-cancellable Operating Leases	427 500	342 000	256 500	171 000	85 500
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	78 505	20 058	-2 113	21 918	49 433
Gain Loss On Disposals Property Plant Equipment			4 169	14 661
Government Grant Income			78 560
Gross Profit Loss	3 501 919	3 074 798	2 533 459	2 756 121
Increase Decrease In Current Tax From Adjustment For Prior Periods	-10	-211	-429	-752
Increase From Depreciation Charge For Year Property Plant Equipment		689 147	747 549	652 067	730 985
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	53
Interest Income On Bank Deposits	709	794	176	164	3 133
Interest Payable Similar Charges Finance Costs	53
Investments Fixed Assets	140	140	140	140	220
Investments In Subsidiaries	140	140	140	140	220
Net Current Assets Liabilities	1 639 981	1 604 094	1 790 430	2 034 290	2 026 131
Operating Profit Loss	975 450	452 864	-83 218	345 368
Other Creditors	145 983	130 490	120 432	117 538	138 211
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			186 475	198 395	84 936
Other Disposals Property Plant Equipment			210 105	212 600	86 000
Other Interest Receivable Similar Income Finance Income	709	794	176	164	3 133
Other Operating Income Format1			78 560
Other Taxation Social Security Payable	160 567	155 125	130 697	120 138	138 454
Pension Other Post-employment Benefit Costs Other Pension Costs	52 452	61 553	57 226	66 013	74 377
Prepayments Accrued Income	113 098	128 927	184 863	176 484	155 888
Profit Loss	862 027	384 185	-26 013	195 102	495 547
Profit Loss On Ordinary Activities Before Tax	976 106	453 658	-83 042	345 532	604 547
Property Plant Equipment Gross Cost	7 774 005	8 893 864	9 085 433	9 491 529	10 550 204
Provisions For Liabilities Balance Sheet Subtotal	289 087	449 727
Social Security Costs		216 779	209 316	207 309
Staff Costs Employee Benefits Expense	2 394 644	2 394 552	2 326 472	2 168 073	2 376 394
Taxation Including Deferred Taxation Balance Sheet Subtotal		449 727	442 571	593 753	702 753
Tax Expense Credit Applicable Tax Rate	185 460	86 195	-15 778	65 651	114 864
Tax Increase Decrease Arising From Group Relief Tax Reconciliation		8 491	4 337	8 571	8 284
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-69 000	-59 661	-45 915	-30 288
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	410	658	756	13	309
Tax Tax Credit On Profit Or Loss On Ordinary Activities	114 079	69 473	-57 029	150 430	109 000
Total Assets Less Current Liabilities	5 324 511	5 719 336	5 536 167	5 732 451	6 136 998
Total Current Tax Expense Credit	91 157	-91 157	-49 873	-752
Total Operating Lease Payments	99 005	125 500	108 833	125 500
Trade Creditors Trade Payables	300 467	227 214	231 465	293 154	393 351
Trade Debtors Trade Receivables	963 795	965 077	927 957	878 472	837 116
Turnover Revenue	6 228 926	5 693 315	4 832 385	5 211 530
Wages Salaries	2 342 192	2 116 220	2 059 930	1 894 751	2 071 850
Company Contributions To Defined Benefit Plans Directors	4 491	5 375	5 677	5 687
Director Remuneration		381 772	415 831	435 845	456 367
Director Remuneration Benefits Including Payments To Third Parties	420 813	387 147	421 508	441 532	465 775

Company staff

Andrew H.

Role: Director

Appointed: 02 April 2012

Latest update: 30 January 2024

David H.

Role: Director

Appointed: 01 January 1997

Latest update: 30 January 2024

Susan H.

Role: Director

Appointed: 01 January 1997

Latest update: 30 January 2024

Benjamin H.

Role: Director

Appointed: 06 April 1995

Latest update: 30 January 2024

People with significant control

Ondrives Group Limited

Address: C/O Ondrives Ltd Foxwood Industrial Park, Chesterfield, S41 9RN, England

Legal authority Companies Act (2006)

Legal form Limited Company

Country registered England And Wales

Place registered Companies House (England And Wales)

Registration number 08161681

Notified on 6 April 2016

Nature of control:

substantial control or influence

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	16 April 2024
Confirmation statement last made up date	02 April 2023

Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Ondrives Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Andrew H.

David H.

Susan H.

Benjamin H.

Swift Incorporations Limited

Louise H.

People with significant control

Ondrives Group Limited

Accounts Documents

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies