Optima Stainless Limited in King's Lynn, PE30 4NG

Description

Data updated on: 01-11-2023

This company is known as Optima Stainless Limited. This firm was established 15 years ago and was registered with 07014617 as its registration number. The headquarters of the firm is situated in King's Lynn. You may find them at Optima Stainless, Hamlin Way. This firm's SIC and NACE codes are 25990 and their NACE code stands for Manufacture of other fabricated metal products n.e.c.. Its most recent filed accounts documents describe the period up to Fri, 30th Sep 2022 and the most current annual confirmation statement was released on Sat, 30th Sep 2023.

Optima Stainless Ltd is a small-sized vehicle operator with the licence number OF1129709. The firm has one transport operating centre in the country. In their subsidiary in King's Lynn on 6 Hamlin Way, 2 machines are available.

On 2018/01/04, the company was seeking a Night shift laser operative to fill a full time post in the metals and minerals in King's Lynn, Anglia. They offered an overtime. The offered job position required experienced worker. While sending your application include reference number 001 night laser.

According to this specific firm's executives data, since March 2012 there have been two directors: Neil T. and Roy T..

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-02-29	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-09-30
Currency
Net Worth	1	101	307 779	708 206	1 197 335	1 890 175

Balance Sheet
Cash Bank On Hand						388 185	854 834	620 923	1 869 370	979 603	1 678	3 177
Current Assets		101	1 578 536	2 122 475	2 897 474	2 774 390	3 445 115	4 181 179	6 000 908	5 948 121	8 741	14 161
Debtors			1 253 989	1 588 130	2 339 413	2 113 737	1 905 281	2 665 256	2 881 538	3 828 518	5 286	7 509
Net Assets Liabilities						1 972 095	2 815 184	3 747 407	5 630 172	6 802 542	8 456	11 942
Other Debtors						23 132	4 070	530 357	407 740	660 347	86 286	148
Property Plant Equipment						1 429 732	1 208 940	1 794 411	1 779 393	3 484 580	6 088 107	7 662
Total Inventories						450 000	685 000	895 000	1 250 000	1 140 000	1 776 822	3 475
Cash Bank In Hand	1	1	28 547	184 345	208 062	210 653
Intangible Fixed Assets					2 000	1 500
Net Assets Liabilities Including Pension Asset Liability	1	1	307 779	708 206	1 197 335	1 890 175
Stocks Inventory			296 000	350 000	350 000	450 000
Tangible Fixed Assets			668 055	552 116	1 039 801	1 429 734

Capital & Reserves
Called Up Share Capital		101	101	101	101	101
Profit Loss Account Reserve			307 678	708 105	1 197 234	1 890 074
Shareholder Funds	1	101	307 779	708 206	1 197 335	1 890 175

Other Financial Data
Audit Fees Expenses										7 500	25	30
Other Non-audit Services Fees												3
Taxation Compliance Services Fees												3
Accrued Liabilities							8 300	20 629	27 328
Accrued Liabilities Deferred Income											135	136
Accrued Liabilities Not Expressed Within Creditors Subtotal											265
Accumulated Amortisation Impairment Intangible Assets						4 384	4 884					124
Accumulated Depreciation Impairment Property Plant Equipment						961 672	1 251 507	1 677 838	1 766 874	1 879 823	2 386 432	4 102
Acquired Through Business Combinations Intangible Assets												437
Additional Provisions Increase From New Provisions Recognised										135 494
Additions Other Than Through Business Combinations Property Plant Equipment							95 626	1 087 788	771 206	2 293 866	3 541 034	3 370
Administration Support Average Number Employees									6	7	8
Administrative Expenses									2 820 559	3 430 095	1 665	4 803
Amortisation Expense Intangible Assets												124
Amortisation Impairment Expense Intangible Assets												124
Amounts Owed To Group Undertakings												74
Amounts Owed To Related Parties						163 532	235				1 439 078
Applicable Tax Rate									19	19	19
Average Number Employees During Period						35	43	49	50	65	77	131
Balances With Banks									278 486	277 834	247 571
Bank Borrowings											1 639	3 218
Bank Borrowings Overdrafts											1 154	2 358
Banking Arrangements Classified As Cash Cash Equivalents												-6
Bank Overdrafts							2					6
Cash Cash Equivalents									1 869 370	979 603	1 677 735
Cash Cash Equivalents Cash Flow Value								620 923	1 869 370	980	1 678	3 171
Cash Flows Used In Acquiring Or Obtaining Control Subsidiaries Or Other Businesses Classified As Investing Activities												-917
Cash On Hand									6 380	1 769	10 078
Comprehensive Income Expense						912 260	884 089
Contingent Rents On Operating Leases Recognised As Income									34 500	34 500	34 500
Corporation Tax Payable											178	315
Cost Sales									6 317 486	7 783 891	10 469	35 004
Creditors						419 712	56 245	556 599	414 630	1 141 031	1 154	2 358
Current Tax For Period									444 202	158 072	265 594	525
Decrease In Loans Owed By Related Parties Due To Loans Repaid									-240 000
Deferred Income										264 900	264 900
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws												108
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences									1 890	135 495	88	177
Deferred Tax Liabilities									81 860	217 354	305 444
Depreciation Amortisation Expense									401 207	454 296	845 289
Depreciation Expense Property Plant Equipment									401 207	454 296	845	1 757
Depreciation Impairment Expense Property Plant Equipment											845	1 757
Disposals Decrease In Amortisation Impairment Intangible Assets								-4 884
Disposals Decrease In Depreciation Impairment Property Plant Equipment							-14 671	-33 465	-312 171	-341 347	-338 680
Disposals Intangible Assets								-5 886
Disposals Property Plant Equipment							-26 583	-75 986	-365 850	-475 730	-430 898
Distribution Average Number Employees									5	5	5
Distribution Costs											2 673	6 624
Dividend Income From Group Undertakings												292
Dividend Per Share Interim							20 000	25 000		20 000	30 000
Dividends Paid						-137 500	-41 000		-60 000	-60 000	-66 000
Dividends Paid Classified As Financing Activities									-60 000	-60 000	-66
Dividends Paid On Shares Final											66
Dividends Paid On Shares Interim						137 500	41 000	61 000	60 000	60 000	66 000
Dividends Received Classified As Investing Activities												-292
Finance Lease Liabilities Present Value Total						219 712	56 245	556 599	414 630	633 334	1 154 246
Financial Liabilities						200 000				242 797
Fixed Assets			668 055	552 116	980 971	1 431 234	1 209 942	1 794 411	2 110 731	3 815 918	6 605	8 599
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities											-1 218	-2 442
Further Item Cash Flow From Used In Investing Activities Component Net Cash Flows From Used In Investing Activities												783
Further Item Tax Increase Decrease Component Adjusting Items												-127
Future Minimum Lease Payments Under Non-cancellable Operating Leases									62 593	48 630	106 024	73
Gain Loss From Sales Investment Properties Recognised In Profit Or Loss											33	33
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables									-136 106	189 246	-3 251 279	-3 141
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables									216 282	946 980	1 459	2 096
Gain Loss In Cash Flows From Change In Deferred Items										264 900
Gain Loss In Cash Flows From Change In Inventories									355 000	-110 000	637	1 663
Gain Loss On Disposals Property Plant Equipment									-17 929	32 116	282	-4
Government Grant Income											106	271
Gross Profit Loss									5 217 387	4 964 122	6 046	15 094
Income Taxes Paid Refund Classified As Operating Activities									147 136	444 201	130 001	-273
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model												33
Increase Decrease From Total Impairment Loss Recognised Or Reversed Property Plant Equipment								-13 255
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation									1 248 447	-889 767	698 132	-1 493
Increase Decrease In Current Tax From Adjustment For Prior Periods											-114	-134
Increase Decrease In Existing Provisions											88 090
Increase Decrease In Loans Owed By Related Parties Attributable To Interest Transactions								6 123	10 056
Increase Decrease In Net Debt From Cash Flows										-577 553	1 242 766
Increase From Amortisation Charge For Year Intangible Assets							500					124
Increase From Depreciation Charge For Year Property Plant Equipment							304 506	473 051	401 207	454 296	845 289	1 757
Increase In Loans Owed By Related Parties Due To Loans Advanced								490 099	52 064
Intangible Assets						1 502	1 002					313
Intangible Assets Gross Cost						5 886	5 886					437
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings											2	55
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss										1 084
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts									22 606	25 460	46	140
Interest Income											5	3
Interest Income On Bank Deposits									4 525	6 329	86	3
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss												3
Interest Paid Classified As Financing Activities									-22 606	-26 544	-46	-195
Interest Paid Classified As Operating Activities									22 606	26 544	45 929
Interest Payable Similar Charges Finance Costs									22 606	25 924	45 929	195
Interest Received Classified As Investing Activities									14 635	17 834	5 475	-3
Interest Received Classified As Operating Activities									14 635	17 835	5 475
Investment Property									331 338	331 338	331 338	550
Investment Property Fair Value Model									331 338	331 338	331 338	550
Investments Fixed Assets												74
Investments In Subsidiaries												74
Loans From Other Related Parties Other Than Directors											1 439	1 080
Loans Owed By Related Parties								496 222	318 342
Loss On Financing Activities Due To Foreign Exchange Differences										-620
Minimum Lease Payments Receivable Under Non-cancellable Operating Leases									34 500	224 250	189 750	138
Net Assets Liabilities Subsidiaries												74
Net Cash Flows From Used In Financing Activities									-264 384	225 670	415 484
Net Cash Flows From Used In Investing Activities									-720 821	-2 109 533	-3 443 059
Net Cash Flows From Used In Operating Activities									2 233 652	994 096	3 725 707
Net Cash Generated From Operations									2 380 788	1 438 297	-1 928	-5 031
Net Cash Inflow Outflow From Operations Before Movements In Working Capital									2 815 964	1 956 826	2 700 609
Net Current Assets Liabilities		101	56 726	389 197	709 051	981 478	1 750 970	2 589 565	4 015 931	4 345 009	3 352 282	6 327
Net Debt Funds									1 312 771	110 790	135 567
Net Finance Income Costs											5	295
New Finance Leases										-624 428	-1 217 989
Nominal Value Allotted Share Capital							101	101	101	101	101
Number Shares Issued Fully Paid							101	101	101	101	101
Operating Profit Loss									2 396 828	1 534 027	1 882	4 062
Other Creditors						198 369	176 867	148 261	2 866	3 434
Other Deferred Tax Expense Credit											6
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment												40
Other Disposals Property Plant Equipment												80
Other Employee Expense									43 766	17 327	27 010
Other Finance Income									10 110	11 505	5 389
Other Interest Income											5
Other Interest Receivable Similar Income Finance Income									14 635	17 834	5	295
Other Inventories						450 000	685 000	895 000	1 250 000	1 140 000	1 776 822
Other Operating Income Format1											106 207	395
Other Payables Accrued Expenses									27 328	43 995	127 522
Other Remaining Borrowings											1 439	1 080
Other Revenue									15 092	20 917
Other Taxation Social Security Payable											637	695
Par Value Share		1	1	1	1	1	20 000	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities									-181 778	312 214	770 210
Pension Costs Defined Contribution Plan									20 601	39 557	48 793
Pension Other Post-employment Benefit Costs Other Pension Costs											49	119
Percentage Class Share Held In Subsidiary												100
Prepayments							9 462	10 527	17 445	31 255	39 025
Prepayments Accrued Income											39	67
Proceeds From Borrowings Classified As Financing Activities											-1 439
Proceeds From Sales Property Plant Equipment									35 750	166 499	92 500	-36
Production Average Number Employees									32	44	55
Profit Loss						912 260	884 089		1 942 765	1 232 370	1 597	3 486
Profit Loss On Ordinary Activities Before Tax									2 388 857	1 525 937	1 841	4 162
Profit Loss Subsidiaries												18
Property Plant Equipment Gross Cost						2 391 404	2 460 447	3 140 911	3 546 267	5 364 403	8 474 539	11 764
Provisions									81 860	217 354	305 444
Provisions For Liabilities Balance Sheet Subtotal						117 990	89 483	79 970	81 860	217 354	305 444
Purchase Property Plant Equipment									-771 206	-2 293 866	-3 541	-2 871
Raw Materials Consumables											1 777	3 475
Rental Income From Investment Property									34 500	34 500	34 500
Repayments Borrowings Classified As Financing Activities												-409
Revenue From Sale Goods									11 485 281	12 692 596	16 513 535
Selling Average Number Employees									7	9	9
Short-term Deposits Classified As Cash Equivalents									1 584 504	700 000	1 420 086
Social Security Costs									146 029	204 525	228 866	589
Staff Costs Employee Benefits Expense									1 759 701	2 226 714	2 671 775	6 556
Taxation Including Deferred Taxation Balance Sheet Subtotal											340	626
Taxation Social Security Payable						170 806	152 852	33 425	139 196	66 249	637 412
Tax Expense Credit Applicable Tax Rate									453 883	289 928	344 878	791
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit									-8 257		-114 031
Tax Increase Decrease From Effect Capital Allowances Depreciation										3 087	8 637
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings												107
Tax Increase Decrease From Effect Dividends From Companies												-55
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss									466	557	169	94
Tax Increase Decrease From Other Tax Effects Tax Reconciliation										-5
Tax Tax Credit On Profit Or Loss On Ordinary Activities									446 092	293 567	244	676
Total Assets Less Current Liabilities		101	724 781	979 438	1 646 709	2 412 712	2 960 912	4 383 976	6 126 662	8 160 927	9 771 727	14 926
Total Borrowings						219 712	56 245	556 599	414 630	633 334	3 078	4 304
Total Current Tax Expense Credit											150	391
Total Deferred Tax Expense Credit											94	285
Trade Creditors Trade Payables						856 604	1 142 391	1 207 521	1 229 416	1 095 699	2 257 219	4 668
Trade Debtors Trade Receivables						1 816 389	1 891 749	2 124 372	2 456 353	3 136 916	5 162 565	7 294
Turnover Revenue									11 534 873	12 748 013	16 515	50 098
Unpaid Contributions To Pension Schemes									214	183	-392
Wages Salaries									1 549 305	1 965 305	2 367 106	5 848
Amount Specific Advance Or Credit Directors								496 222	318 342	403 490
Amount Specific Advance Or Credit Made In Period Directors								496 222	62 120	403 490
Amount Specific Advance Or Credit Repaid In Period Directors									-240 000	-330 099	-403 490
Director Remuneration							16 120	16 320	16 848	17 256	17 568	26
Creditors Due After One Year			399 220	255 564	387 595	419 712
Creditors Due Within One Year			1 521 810	1 733 278	2 188 423	1 792 912
Intangible Fixed Assets Additions					2 500
Intangible Fixed Assets Aggregate Amortisation Impairment					500	1 000
Intangible Fixed Assets Amortisation Charged In Period					500	500
Intangible Fixed Assets Cost Or Valuation					2 500	2 500
Number Shares Allotted		1	1	1	1	1
Provisions For Liabilities Charges			17 782	15 558	61 779	102 825
Share Capital Allotted Called Up Paid	1	1	1	1	1	1
Tangible Fixed Assets Additions			854 835	55 313	844 690	935 676
Tangible Fixed Assets Cost Or Valuation			854 835	910 148	1 754 838	2 394 789
Tangible Fixed Assets Depreciation			186 780	358 032	760 476	965 055
Tangible Fixed Assets Depreciation Charged In Period			186 780	171 252	357 005	372 353
Tangible Fixed Assets Depreciation Decrease Increase On Disposals						167 774
Tangible Fixed Assets Disposals						280 334

Company staff

Neil T.

Role: Director

Appointed: 01 March 2012

Latest update: 18 February 2024

Roy T.

Role: Director

Appointed: 24 September 2009

Latest update: 18 February 2024

People with significant control

Executives with significant control over the firm are: Neil T. has substantial control or influence over the company. Roy T. owns over 1/2 to 3/4 of company shares and has 3/4 to full of voting rights.

Neil T.

Notified on 6 April 2016

Nature of control:

substantial control or influence

Roy T.

Notified on 6 April 2016

Nature of control:

over 1/2 to 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	27 June 2024
Account last made up date	30 September 2022
Confirmation statement next due date	14 October 2024
Confirmation statement last made up date	30 September 2023

Annual Accounts 24 December 2012
Start Date For Period Covered By Report	2011-04-01
End Date For Period Covered By Report	2012-02-29
Date Approval Accounts	24 December 2012
Annual Accounts 29 November 2013
Start Date For Period Covered By Report	2012-03-01
End Date For Period Covered By Report	2013-03-31
Date Approval Accounts	29 November 2013
Annual Accounts 31 December 2014
Start Date For Period Covered By Report	2013-04-01
End Date For Period Covered By Report	2014-03-31
Date Approval Accounts	31 December 2014
Annual Accounts 31 December 2015
Start Date For Period Covered By Report	2014-04-01
End Date For Period Covered By Report	2015-03-31
Date Approval Accounts	31 December 2015
Annual Accounts 20 July 2016
Start Date For Period Covered By Report	2015-04-01
End Date For Period Covered By Report	2016-03-31
Date Approval Accounts	20 July 2016
Annual Accounts
Start Date For Period Covered By Report	2016-04-01
End Date For Period Covered By Report	2017-03-31
Annual Accounts
Start Date For Period Covered By Report	2017-04-01
End Date For Period Covered By Report	2018-03-31
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	2019-03-31
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	2022-09-30

Night shift laser operative in King's Lynn, posted on Thursday 4th January 2018
Region / City	Anglia, King's Lynn
Industry	Metals and minerals
Work hours	Overtime
Job type	full time
Career level	experienced (non-managerial)
Job reference code	001 night laser

Optima Stainless Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Neil T.

Roy T.

Yomtov J.

People with significant control

Neil T.

Roy T.

Accounts Documents

Company Vehicle Operator Data

Optima Stainless

Address

City

Postal code

No. of Vehicles

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