Orbic Bearings Limited in Croydon, CR0 0XZ

Website

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www.orbic.co.uk

Description

Data updated on: 01-11-2023

Orbic Bearings came into being in 1985 as a company enlisted under no 01908580, located at CR0 0XZ Croydon at Airport House. This company has been in business for thirty nine years and its official status is active. This business's SIC code is 46900: Non-specialised wholesale trade. The firm's most recent accounts describe the period up to Sun, 31st Jul 2022 and the most current annual confirmation statement was submitted on Fri, 16th Dec 2022.

Our database related to the enterprise's personnel reveals the existence of three directors: Charlie F., Lisa F. and Anthony F. who joined the company's Management Board on Wednesday 10th August 2022, Tuesday 6th April 1999 and Saturday 28th December 1991. In addition, the director's efforts are constantly helped with by a secretary - Lisa F., who was selected by this limited company in 2005.

Executives who control the firm include: Anthony F. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Lisa F. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-07-31	2012-07-31	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	215 896	223 681	226 949	264 348	263 243	278 271

Balance Sheet
Cash Bank On Hand						31 622	37 815	122 140	60 773	165 501	144 886	28 335	174 593
Current Assets	343 235	321 560	369 611	402 696	404 741	443 365	528 822	597 208	649 680	574 218	656 922	699 408	767 292
Debtors	249 437	228 913	295 541	313 750	275 483	286 743	363 007	343 068	459 907	274 717	397 036	558 234	460 699
Net Assets Liabilities						247 759	302 843	395 129	427 911	398 422	524 165	590 980	596 662
Other Debtors						5 148	5 178		473	632	632	1 069	1 464
Property Plant Equipment						225 922	286 302	380 604	380 302	394 120	483 838	536 996
Total Inventories						122 000	125 000	129 000	129 000	134 000	115 000	112 839	132 000
Cash Bank In Hand	41 798	47 647	4 070	23 946	14 258	31 622
Net Assets Liabilities Including Pension Asset Liability	215 896	223 681	226 949
Stocks Inventory	49 000	42 000	67 000	62 000	112 000	122 000
Tangible Fixed Assets	226 988	231 906	229 090	227 324	226 449	225 922

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	63 239	71 024	74 292	111 691	110 586	125 614
Shareholder Funds	215 896	223 681	226 949	264 348	263 243	278 271

Other Financial Data
Accrued Liabilities Deferred Income							123	318
Accumulated Depreciation Impairment Property Plant Equipment						50 866	51 695	52 393	52 695	55 510	31 174	35 014	9 196
Average Number Employees During Period							9	9	9	9	9	10	10
Bank Borrowings Overdrafts						123 796	108 280	195 460	170 594		167 162	129 392	84 273
Comprehensive Income Expense							260 084	323 286	299 782
Corporation Tax Payable						52 134	56 787	63 108	75 371
Creditors						123 796	361 229	195 460	170 594	208 893	175 910	137 992	557 952
Current Asset Investments		3 000	3 000	3 000	3 000	3 000	3 000	3 000	3 000
Dividends Paid						175 500	205 000	231 000	267 000
Future Minimum Lease Payments Under Non-cancellable Operating Leases								28 602	27 834	30 401	21 610	21 456	46 478
Gain Loss On Reclassification Cash Flow Hedges To Profit Or Loss From Equity Before Tax							-12 000
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income							60 000	95 000
Income Tax Expense Credit On Components Other Comprehensive Income							12 000	15 924	-6 150
Increase From Depreciation Charge For Year Property Plant Equipment							829	698	302	2 815	3 902	10 991	4 414
Net Current Assets Liabilities	118 487	115 329	114 681	146 584	175 303	176 149	167 593	268 536	267 539	271 314	279 620	245 094	209 340
Number Shares Issued Fully Paid							100
Other Creditors						134	752	3 558	170 594	204 598	167 162	323	220
Other Investments Other Than Loans								3 000	3 000	3 000	3 000	3 000	3 000
Other Taxation Social Security Payable						22 201	31 804	27 361	104 865	73 335	82 932	62 763	80 430
Par Value Share			1	1	1	1	1
Prepayments Accrued Income							482	515	473
Profit Loss						190 528	212 084	244 210	293 632
Property Plant Equipment Gross Cost						276 789	337 997	432 997	432 997	449 630	515 012	572 010	500 000
Provisions For Liabilities Balance Sheet Subtotal						30 515	42 772	58 551	52 336	61 119	66 383	76 483	75 174
Taxation Including Deferred Taxation Balance Sheet Subtotal							42 772	58 551	52 336
Total Additions Including From Business Combinations Property Plant Equipment							1 208			16 633	23 620	16 764	5 534
Total Assets Less Current Liabilities	345 475	347 235	343 771	373 908	401 752	402 071	453 895	649 140	650 841	668 434	766 458	805 455	760 752
Total Increase Decrease From Revaluations Property Plant Equipment							60 000	95 000			70 000	50 000
Trade Creditors Trade Payables						171 601	188 461	211 616	252 549	203 516	246 948	342 682	432 607
Trade Debtors Trade Receivables						281 596	357 829	342 553	459 434	274 085	386 404	547 165	449 235
Accumulated Amortisation Impairment Intangible Assets												205	2 262
Amounts Owed By Group Undertakings											10 000	10 000	10 000
Disposals Decrease In Depreciation Impairment Property Plant Equipment											28 238	7 151	7 577
Disposals Property Plant Equipment											28 238	9 766	8 534
Finance Lease Liabilities Present Value Total										4 295	9 618	10 776	4 643
Fixed Assets	226 988	231 906	229 090						383 302	397 120	486 838	560 361	551 412
Increase From Amortisation Charge For Year Intangible Assets												205	2 057
Intangible Assets												20 365	18 308
Intangible Assets Gross Cost												20 570
Investments Fixed Assets									3 000	3 000	3 000	3 000	3 000
Total Additions Including From Business Combinations Intangible Assets												20 570
Creditors Due After One Year Total Noncurrent Liabilities	129 579	123 554
Creditors Due Within One Year Total Current Liabilities	224 748	206 231
Investments Current Assets	3 000	3 000
Revaluation Reserve	152 557	152 557	152 557	152 557	152 557	152 557
Tangible Fixed Assets Additions		7 734
Tangible Fixed Assets Cost Or Valuation	266 948	274 682	274 682
Tangible Fixed Assets Depreciation	39 960	42 776	45 592
Tangible Fixed Assets Depreciation Charge For Period		2 816
Creditors Due After One Year		123 554	116 822	109 560	138 509	123 796
Creditors Due Within One Year		206 231	254 930	256 112	229 438	267 216
Number Shares Allotted			100	100	100	100
Provisions For Liabilities Charges						4
Share Capital Allotted Called Up Paid		100	100	100	100	100
Tangible Fixed Assets Depreciation Charged In Period			2 816

Company staff

Charlie F.

Role: Director

Appointed: 10 August 2022

Latest update: 27 January 2024

Lisa F.

Role: Secretary

Appointed: 06 October 2005

Latest update: 27 January 2024

Lisa F.

Role: Director

Appointed: 06 April 1999

Latest update: 27 January 2024

Anthony F.

Role: Director

Appointed: 28 December 1991

Latest update: 27 January 2024

People with significant control

Anthony F.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Lisa F.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	30 April 2024
Account last made up date	31 July 2022
Confirmation statement next due date	30 December 2023
Confirmation statement last made up date	16 December 2022

Annual Accounts
Start Date For Period Covered By Report	2012-08-01
Annual Accounts 11 December 2014
Start Date For Period Covered By Report	2013-08-01
End Date For Period Covered By Report	2014-07-31
Date Approval Accounts	11 December 2014
Annual Accounts 15 October 2015
Start Date For Period Covered By Report	2014-08-01
End Date For Period Covered By Report	2015-07-31
Date Approval Accounts	15 October 2015
Annual Accounts
Start Date For Period Covered By Report	2015-08-01
Annual Accounts
Start Date For Period Covered By Report	2016-08-01
Annual Accounts
Start Date For Period Covered By Report	2017-08-01
End Date For Period Covered By Report	2018-07-31
Annual Accounts
Start Date For Period Covered By Report	2018-08-01
End Date For Period Covered By Report	2019-07-31
Annual Accounts
Start Date For Period Covered By Report	01 August 2019
End Date For Period Covered By Report	31 July 2020
Annual Accounts
Start Date For Period Covered By Report	01 August 2020
End Date For Period Covered By Report	31 July 2021
Annual Accounts
Start Date For Period Covered By Report	01 August 2021
End Date For Period Covered By Report	31 July 2022
Annual Accounts
Start Date For Period Covered By Report	01 August 2022
End Date For Period Covered By Report	31 July 2023
Annual Accounts 13 November 2013
End Date For Period Covered By Report	2013-07-31
Date Approval Accounts	13 November 2013
Annual Accounts 17 November 2016
End Date For Period Covered By Report	2016-07-31
Date Approval Accounts	17 November 2016
Annual Accounts
End Date For Period Covered By Report	2017-07-31

Orbic Bearings Limited

General information

Name:

Office Address:

Contact information

Website

www.orbic.co.uk

Description

Financial data based on annual reports

Company staff

Charlie F.

Lisa F.

Lisa F.

Anthony F.

Charles F.

Charles F.

People with significant control

Anthony F.

Lisa F.

Accounts Documents

Company filings

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