Opico Limited in Bourne, PE10 9LA

Description

Data updated on: 01-11-2023

Opico began its operations in the year 2007 as a Private Limited Company under the following Company Registration No.: 06175803. This particular company has been operating for seventeen years and the present status is active. This company's registered office is located in Bourne at Cherry Holt Road. Anyone could also find this business utilizing its post code, PE10 9LA. The company's registered name change from Woolway Trading to Opico Limited took place on 2007-05-24. The enterprise's SIC code is 46610 and has the NACE code: Wholesale of agricultural machinery, equipment and supplies. Opico Ltd released its latest accounts for the period up to Saturday 31st December 2022. Its latest confirmation statement was filed on Tuesday 25th July 2023.

In order to meet the requirements of the clientele, the business is continually guided by a body of three directors who are Charles B., Donald S. and James W.. Their support has been of utmost use to this business since December 2020.

Previous company's names
Opico Limited 2007-05-24
Woolway Trading Limited 2007-03-21

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
Currency

Balance Sheet
Cash Bank On Hand	12	71 316	881 688	120 187	99 599	119 047	486 394	227 161
Current Assets	2 452 603	3 127 935	4 469 168	5 844 157	5 149 457	5 999 520	7 584 843	7 214 615
Debtors	407 939	925 971	821 286	1 941 618	1 562 201	2 225 615	3 126 977	1 806 819
Net Assets Liabilities	2 358 375	2 481 959	2 619 109	2 944 146	3 013 013	2 997 032	3 184 972	4 020 872
Other Debtors	241 157	85 418	29 924	75 298	10 462	64 995	54 707	54 038
Property Plant Equipment	1 116 188	1 098 006	1 126 868	375 806	303 072	309 313
Total Inventories	2 044 652	2 130 648	2 766 194	3 782 352	3 487 657	3 654 858	3 971 472	5 180 635

Other Financial Data
Audit Fees Expenses				9 750	9 750	10 000	10 000	10 764
Fees For Non-audit Services				5 586	6 299	6 660	2 734	5 687
Company Contributions To Money Purchase Plans Directors			92 079	100 000	3 025	3 384	5 990	6 016
Director Remuneration			115 576	150 942	75 417	79 073	177 571	181 943
Number Directors Accruing Benefits Under Money Purchase Scheme			2	2	1	2	2	2
Accrued Liabilities Deferred Income			239 212	336 142	176 404	283 302	185 490	141 940
Accumulated Amortisation Impairment Intangible Assets	20 003	20 003	20 003	20 003	20 003		20 003
Accumulated Depreciation Impairment Property Plant Equipment	485 832	533 003	635 338	465 418	554 188	578 429
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss				11 256	-9 815			16 460
Administrative Expenses			2 546 310	2 581 227	2 556 036	2 407 556	2 147 650	2 541 472
Amounts Owed By Group Undertakings				399 151	197 901	1 507 695	310 543	29 105
Applicable Tax Rate			19	19	19	19	19	19
Average Number Employees During Period		32	35	37	41	40	41	42
Bank Borrowings	404 428	350 615	295 142
Bank Borrowings Overdrafts	350 780	295 882	239 289	29 764	438 304	205 352		197 563
Bank Overdrafts	100 398	422 711	985 315	29 764	438 304	205 352		197 563
Cash Cash Equivalents Cash Flow Value			-103 627	90 423
Comprehensive Income Expense			252 150	772 537	270 117	328 420	1 441 440	1 235 900
Corporation Tax Payable			63 019	177 839	89 348	93 132	371 544	268 899
Cost Sales			9 644 887	12 257 831	11 758 165	9 645 530	13 894 270	13 293 987
Creditors	350 780	295 882	244 751	3 215 951	2 389 465	3 261 750	4 607 302	3 484 613
Current Tax For Period			63 019	177 839	89 348	78 451	356 514	236 747
Depreciation Amortisation Expense			135 245	141 495
Depreciation Expense Property Plant Equipment			114 438	134 737	130 419	131 900	137 930	54 341
Disposals Decrease In Depreciation Impairment Property Plant Equipment		61 575	32 910	317 477	41 649	107 659
Disposals Property Plant Equipment		105 121	43 880	1 138 629	47 969	139 194
Distribution Costs			232 347	261 758	229 897	184 255	283 042	246 572
Dividends Paid		104 000	115 000	447 500	201 250	344 401	1 253 500	400 000
Dividends Paid Classified As Financing Activities			-115 000	-447 500
Dividends Paid On Shares Interim			115 000	447 500	201 250	344 401	1 253 500	400 000
Finance Lease Liabilities Present Value Total			5 462	5 462
Fixed Assets	1 116 188	1 098 006	1 126 868	375 806	303 072	309 313	254 566	354 465
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss			-167 219	184 897	264 818	107 701	330 597	177 999
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			248 701	952 171
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			104 685	-318 681
Gain Loss On Disposal Assets Income Statement Subtotal			3 830	53 833
Gain Loss On Disposals Property Plant Equipment			3 830	53 833	8 217	21 465	25 370	44 538
Gross Profit Loss			3 116 591	3 807 330	3 165 306	3 012 753	4 234 147	4 319 632
Income From Related Parties				801 651			16 673	6 826
Income Taxes Paid Refund Classified As Operating Activities			-69 052	-41 846
Increase Decrease Due To Transfers Between Classes Property Plant Equipment				168 049
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			247 768	194 050
Increase Decrease In Stocks Inventories Finished Goods Work In Progress			635 546	1 016 158
Increase From Depreciation Charge For Year Property Plant Equipment		108 746	135 245	147 557	130 419	131 900
Intangible Assets Gross Cost	20 003	20 003	20 003	20 003	20 003		20 003
Interest Expense On Bank Loans Similar Borrowings			19 023	23 958	32 620	17 577	10 277
Interest Expense On Bank Overdrafts			6 601	4 268	1 763	1 365	1 500	46 222
Interest Paid Classified As Operating Activities			-25 624	-28 226
Interest Payable Similar Charges Finance Costs			25 624	28 226	34 383	18 942	11 777	46 222
Key Management Personnel Compensation Total				250 942	72 525	144 624	183 561	187 959
Loans Owed By Related Parties				399 151
Loans Owed To Related Parties			-1 068	-791	-78 575	-7 392
Merchandise			2 766 194	3 782 352	3 487 657	3 654 858	3 971 472	5 180 635
Net Cash Flows From Used In Financing Activities			-280 102	265 244
Net Cash Flows From Used In Investing Activities			128 541	144 238
Net Cash Flows From Used In Operating Activities			-96 207	-603 532
Net Cash Generated From Operations			-190 883	-673 604
Net Current Assets Liabilities	1 632 804	1 727 605	1 785 602	2 628 206	2 759 992	2 737 770	2 977 541	3 730 002
Net Interest Received Paid Classified As Investing Activities			-5	-75
Number Shares Issued Fully Paid		1 000	1 000	1 000	1 000	1 000		1 000
Operating Profit Loss			341 628	968 610	383 500	425 813	1 806 815	1 535 329
Other Creditors	204 389	398 752	854 380	363	31 753	105	20 211	18 627
Other Deferred Tax Expense Credit			840	11 256	-9 815		-2 916	16 460
Other Interest Receivable Similar Income Finance Income			5	75	533
Other Operating Income Format1			3 694	4 265	4 127	4 871	3 360	3 741
Other Taxation Social Security Payable	138 362	229 879	298 828
Par Value Share		1	1	1	1	1		1
Payments Finance Lease Liabilities Classified As Financing Activities				-26 269
Pension Other Post-employment Benefit Costs Other Pension Costs			133 039	148 400	51 895	46 665	55 209	55 562
Prepayments Accrued Income			78 749	72 003	102 923	80 958	104 921	129 027
Proceeds From Sales Property Plant Equipment			-14 800	-73 334
Profit Loss		227 584	252 150	772 537	270 117	328 420	1 441 440	1 235 900
Profit Loss On Ordinary Activities Before Tax			316 009	940 459	349 650	406 871	1 795 038	1 489 107
Property Plant Equipment Gross Cost	1 602 020	1 631 009	1 762 206	841 224	857 260	887 742
Provisions			48 610	59 866	50 051	50 051	47 135	63 595
Provisions For Liabilities Balance Sheet Subtotal	39 837	47 770	48 610	59 866	50 051	50 051	47 135	63 595
Purchase Property Plant Equipment			-143 346	-217 647
Repayments Borrowings Classified As Financing Activities			-55 473	-289 080
Social Security Costs			127 618	140 644	144 076	133 734	156 569	178 942
Staff Costs Employee Benefits Expense			1 444 582	1 616 021	1 527 511	1 489 096	1 511 214	1 776 937
Tax Expense Credit Applicable Tax Rate			60 832	178 687	66 434	77 305	341 057	282 930
Tax Increase Decrease From Effect Capital Allowances Depreciation				1 122	1 871	-6 974	11 234	-17 995
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			5 676	9 286	11 228	12 198	9 043	12 426
Tax Tax Credit On Profit Or Loss On Ordinary Activities			63 859	167 922	79 533	78 451	353 598	253 207
Total Additions Including From Business Combinations Property Plant Equipment		134 110	175 077	217 647	64 005	169 676
Total Assets Less Current Liabilities	2 748 992	2 825 611	2 912 470	3 004 012	3 063 064	3 047 083	3 232 107	4 084 467
Total Borrowings	504 826	985 609	1 764 100	29 764
Total Current Tax Expense Credit			63 019	156 666	89 348
Total Operating Lease Payments				42 000	168 000	168 000	168 000	168 000
Trade Creditors Trade Payables	323 002	294 255	462 921	1 495 540	805 815	1 501 548	2 309 702	2 484 900
Trade Debtors Trade Receivables	166 782	840 553	712 613	1 395 166	1 244 790	571 967	2 656 806	1 594 649
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment				136 771
Turnover Revenue			12 761 478	16 065 161	14 923 471	12 658 283	18 128 417	17 613 619
Wages Salaries			1 183 925	1 326 977	1 331 540	1 308 697	1 299 436	1 542 433
Capital Commitments						69 080	160 736	267 877
Future Minimum Lease Payments Under Non-cancellable Operating Leases					7 397	6 862	1 098	2 302
Increase Decrease In Current Tax From Adjustment For Prior Periods								-17 122
Profit Loss On Ordinary Activities After Tax							2 916	-1 430
Recoverable Value-added Tax					6 125
Tax Decrease Increase From Effect Revenue Exempt From Taxation						4 078	4 820	8 462

Company staff

Charles B.

Role: Director

Appointed: 08 December 2020

Latest update: 1 January 2024

Donald S.

Role: Director

Appointed: 14 December 2017

Latest update: 1 January 2024

James W.

Role: Director

Appointed: 21 March 2007

Latest update: 1 January 2024

Patricia C.

Role: Director

Appointed: 28 February 2012

Resigned: 31 October 2018

Latest update: 1 January 2024

Jennifer W.

Role: Director

Appointed: 25 November 2009

Resigned: 01 October 2018

Latest update: 1 January 2024

Jennifer W.

Role: Secretary

Appointed: 21 March 2007

Resigned: 01 October 2018

Latest update: 1 January 2024

People with significant control

The companies with significant control over this firm are: Driftview Holdings Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Bourne at Cherry Holt Road, PE10 9LA, Lincolnshire and was registered as a PSC under the reg no 11484950.

Driftview Holdings Limited

Address: C/O Opico Limited Cherry Holt Road, Bourne, Lincolnshire, PE10 9LA, England

Legal authority Companies Act 2006

Legal form Company Limited By Shares

Country registered England

Place registered England And Wales

Registration number 11484950

Notified on 24 September 2018

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

James W.

Notified on 6 April 2016

Ceased on 24 September 2018

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	08 August 2024
Confirmation statement last made up date	25 July 2023

Annual Accounts
Start Date For Period Covered By Report	01 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2017
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022

Opico Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Charles B.

Donald S.

James W.

Patricia C.

Jennifer W.

Jennifer W.

People with significant control

Driftview Holdings Limited

James W.

Accounts Documents

Company filings

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