Parafix Tapes And Conversions Limited in Lancing, BN15 8UA

Description

Data updated on: 01-11-2023

Parafix Tapes And Conversions Limited,registered as Private Limited Company, based in 53 Spencer Road, Lancing Business Park in Lancing. The office's post code is BN15 8UA. The company has been operating since 1972. The business registration number is 01066993. This enterprise's registered with SIC code 32990 meaning Other manufacturing n.e.c.. Parafix Tapes And Conversions Ltd released its account information for the financial year up to 2022-12-31. The business latest annual confirmation statement was released on 2023-04-05.

As the data suggests, the limited company was created in 1972 and has so far been overseen by fourteen directors, and out this collection of individuals four (Pascal N., Franck P., Fergus C. and Steven B.) are still active. What is more, the director's responsibilities are constantly assisted with by a secretary - Fergus C., who joined this specific limited company in 2018.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-12-31	2013-12-31	2014-12-31	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
Net Worth	4 350 553	4 355 834	4 461 868

Balance Sheet
Cash Bank On Hand				82 108	20 039	11 168	193 144	8 849	9 352	181 948	2 688
Current Assets	5 462 278	5 566 056	5 831 166		6 084 018	6 928 464	5 966 160	6 058 978	6 129 467	6 902 012	6 589 657
Debtors	4 976 161	5 082 900	5 330 108	874 508	841 528	6 084 278	4 925 296	5 122 978	5 108 198	5 523 019	5 057 888
Net Assets Liabilities					4 659 136	5 352 304	4 696 491	4 944 026	5 047 419	5 373 275	5 436 537
Other Debtors	16 990	20 835	14 635	16 779	17 329	124 309	52 281	44 401	54 422	104 195	6 901
Property Plant Equipment				1 281 433	1 283 461	1 412 273	3 340 355	3 782 773	3 297 699	2 861 320	2 448 632
Total Inventories				584 231	642 926	833 018	847 720	927 151	1 011 917	1 197 045
Cash Bank In Hand	18 810	53 022	24 961
Stocks Inventory	467 307	430 134	476 097
Tangible Fixed Assets	580 546	838 171	1 203 515
Trade Debtors	843 288	900 154	987 085

Capital & Reserves
Called Up Share Capital	3 600	3 600	3 600
Profit Loss Account Reserve	4 346 553	4 351 834	4 457 868
Shareholder Funds	4 350 553	4 355 834	4 461 868

Other Financial Data
Audit Fees Expenses				14 000	14 000	14 000	14 000	14 000	14 500	15 000	16 500
Accrued Liabilities Deferred Income				175 635	144 423	132 614	127 714	199 139	245 572	130 599	96 765
Accumulated Depreciation Impairment Property Plant Equipment				2 076 376	2 270 027	2 464 918	2 679 281	2 902 564	3 146 382	3 645 943	4 133 861
Additions Other Than Through Business Combinations Property Plant Equipment					213 704	349 040	2 173 058	861 498	17 994	63 182	75 230
Administrative Expenses	1 516 085	1 305 265	1 392 658	1 636 784	1 988 601	2 097 519	2 192 850	2 466 497	2 496 450	2 646 017	2 764 336
Amounts Owed By Group Undertakings						4 143 476	3 283 978	3 298 666	3 527 458	3 859 925	3 678 601
Average Number Employees During Period				71	76	85	89	95	92	95	99
Bank Borrowings				16 667	47 122				250 000	234 375	171 875
Bank Borrowings Overdrafts		108 182		16 667	165 742	132 418	122	86 588	236 947	179 127	109 375
Bank Overdrafts	265 372	162 558	120 692		118 620	132 418	122	86 588	53 248		6 476
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment				847 467	820 609	566 784	2 321 622	2 723 068	2 377 576	2 097 738	1 817 900
Corporation Tax Payable						121 322				68 000	149 687
Cost Inventories Recognised As Expense Gross				2 633 105	2 718 276	3 381 691	3 878 474
Cost Sales	3 031 526	3 201 346	3 335 522	3 849 743	4 020 798	5 033 054	5 726 793	5 695 808	4 961 692	6 007 365	6 297 208
Creditors				2 380 050	160 941	161 149	1 158 713	1 227 579	1 326 626	763 490	314 422
Current Tax For Period						121 322				68 000	83 396
Deferred Tax Asset Debtors				37 600	22 700	12 800	7 000	99 200	37 700
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws											109 600
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				81 300	21 800	8 500	77 400	56 300	21 300	-3 500	-58 100
Depreciation Expense Property Plant Equipment				113 147	114 234	72 619	155 899	173 422	223 809	210 846
Distribution Costs	638 427	563 785	608 729	620 569	327 848	344 124	330 824	359 110	304 233	359 078	394 135
Dividends Paid				100 000	318 348	20 000	1 100 000	100 000	100 000	100 000	150 000
Dividends Paid On Shares Final							1 100 000	100 000	100 000	100 000	150 000
Finance Lease Liabilities Present Value Total				283 148	160 941	161 149	1 158 713	1 227 579	1 089 679	584 363	205 047
Finance Lease Payments Owing Minimum Gross				552 669	419 987	389 453	1 865 910	1 922 453	1 649 387	1 154 098	618 324
Finished Goods Goods For Resale	118 202	73 012	73 978	106 943	139 320	85 444	176 297	202 434	157 462	140 393	360 271
Further Item Interest Expense Component Total Interest Expense							30 794	33 970	24 365	39 334	30 814
Further Item Tax Increase Decrease Component Adjusting Items				54	-127	-1 583	71	-2 113	-76	988	109 600
Future Minimum Lease Payments Under Non-cancellable Operating Leases							530 488	480 312	453 438	346 563	404 219
Gain Loss On Disposals Property Plant Equipment				5 500		3 800	6 056	9 300	6 239
Government Grant Income									69 204
Gross Profit Loss	2 021 062	1 965 420	2 281 785	2 823 835	2 578 182	3 337 574	3 105 624	3 321 643	3 088 394	3 609 056
Increase Decrease In Current Tax From Adjustment For Prior Periods								3 400	8 830		-1 709
Increase From Depreciation Charge For Year Property Plant Equipment					211 676	220 228	235 282	412 480	503 068	499 561	487 918
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				1 290	2 498	437			57 432	1
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				26 137	27 611	25 733	29 569	58 231	50 425	74 270
Interest Payable Similar Charges Finance Costs				54 600	54 899	52 941	60 363	92 201	132 222	113 605	113 910
Net Current Assets Liabilities	3 830 728	3 930 745	3 732 809		3 746 416	4 309 580	2 794 849	2 817 332	3 464 646	3 622 545	3 700 927
Number Shares Issued Fully Paid						3 600
Operating Profit Loss	33 217	117 798	280 398	566 482	261 733	895 931	581 950	496 036	356 915	603 961
Other Creditors				1 049 596	877 992	945 394	1 058 324	1 235 428	659 232	973 255	754 413
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					18 025	25 337	20 919	189 197	259 250
Other Disposals Property Plant Equipment					18 025	25 337	30 613	195 797	259 250
Other Operating Income Format1									69 204		75 000
Other Taxation Social Security Payable				181 257	232 603	278 076	178 621	307 471	440 692	370 682	304 783
Par Value Share		1	1			1
Prepayments Accrued Income				159 946	123 348	384 794	190 861	197 504	205 184	200 161	226 563
Profit Loss				430 582	185 034	713 168	444 187	347 535	203 393	425 856	213 262
Profit Loss On Ordinary Activities Before Tax	3 654	87 581	240 334	511 882	206 834	842 990	521 587	403 835	224 693	490 356	346 449
Property Plant Equipment Gross Cost				3 357 809	3 553 488	3 877 191	6 019 636	6 685 337	6 444 081	6 507 263	6 582 493
Provisions For Liabilities Balance Sheet Subtotal					209 800	208 400	280 000	428 500
Raw Materials Consumables				400 243	450 792	625 145	579 998	647 396	762 534	892 924
Taxation Including Deferred Taxation Balance Sheet Subtotal				202 900	209 800	208 400	280 000	428 500	388 300	347 100	398 600
Tax Expense Credit Applicable Tax Rate							99 102	76 729	42 692	93 168	65 825
Tax Increase Decrease Arising From Group Relief Tax Reconciliation								2 019	3 569	-1 330
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit				-28 521	-26 168	-26 745	-26 048	-28 154	-29 545	-32 135	-33 072
Tax Increase Decrease From Effect Capital Allowances Depreciation										-325	-18 257
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings						-7 889
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				7 391	6 728	3 763	4 275	4 419	-4 170	4 134	5 949
Tax Tax Credit On Profit Or Loss On Ordinary Activities				81 300	21 800	129 822	77 400	56 300	21 300	64 500	133 187
Total Assets Less Current Liabilities	4 411 274	4 768 916	4 936 324		5 029 877	5 721 853	6 135 204	6 600 105	6 762 345	6 483 865	6 149 559
Total Borrowings					165 742	132 418	122	86 588	303 248	234 375	178 351
Total Current Tax Expense Credit										68 000	81 687
Total Deferred Tax Expense Credit										-3 500	51 500
Total Operating Lease Payments				115 338	111 000	146 546	189 588	221 196
Trade Creditors Trade Payables				687 374	657 796	780 756	1 099 333	718 146	693 316	1 111 948	1 100 829
Trade Debtors Trade Receivables				1 206 523	1 180 188	1 418 899	1 391 176	1 483 207	1 283 434	1 358 738	1 145 823
Turnover Revenue				6 673 578	6 598 980	8 370 628	8 832 417	9 017 451	8 050 086	9 616 421
Work In Progress	40 738	42 897	54 036	77 045	52 814		91 425	77 321	91 921	163 728
Company Contributions To Defined Benefit Plans Directors				87 429	44 571	-1 500	-47 776	29 401	29 500	30 175
Director Remuneration							148 590	200 747	212 974	216 143	216 965
Director Remuneration Benefits Including Payments To Third Parties	256 062	109 001	73 737				100 814	230 148	242 474	246 318	248 013
Total Fees To Auditors	14 000	14 000
Company Contributions To Money Purchase Schemes Directors	29 764	26 959	19 050
Accruals Deferred Income Within One Year	70 919	132 596	98 308
Amounts Owed By Group Undertakings Other Participating Interests	4 062 700	4 103 055	4 263 117
Cash Flow Outflow Before Management Liquid Resources Financing	11 037	109 397
Commitments Under Non-cancellable Operating Leases Land Buildings		-40 500	-40 500
Commitments Under Non-cancellable Operating Leases Other Items		-51 348	-51 348
Creditors Due After One Year	18 321	363 382	390 456
Creditors Due Within One Year	1 631 550	1 635 311	2 098 357
Debtors Due After One Year	3 938 091	3 968 674	4 243 002
Debtors Due Within One Year	1 038 070	1 114 226	1 087 106
Depreciation Tangible Fixed Assets Expense	145 884	139 963	159 470
Difference Between Accumulated Depreciation Amortisation Capital Allowances	48 800	99 300	181 700
Expenses Not Deductible For Tax Purposes	6 179	5 876	4 304
Gain Loss From Disposal Tangible Fixed Assets	-9 000	-74 079
Increase Decrease In Net Cash For Period	152 166	137 026
Interest Payable Similar Charges	29 563	30 217	40 064
Land Buildings Operating Leases Expiring Between Two Five Years	-45 000	-40 500	-40 500
Loans From Directors			105 082
Net Assets Liability Excluding Pension Asset Liability	4 350 553	4 355 834	4 461 868
Net Debt Funds	331 716	567 546
Net Increase Decrease In Shareholders Funds	13 654	5 281	106 034
New Finance Leases	-33 985
Number Shares Allotted		3 600	3 600
Obligations Under Finance Lease Hire Purchase Contracts After One Year	18 321	255 200	390 456
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	66 833	94 628	215 491
Obligations Under Finance Leases Hire Purchase Contracts Between Two To Five Years		-108 182
Other Creditors Due Within One Year	655 204	716 536	809 141
Other Operating Income	166 667	21 428
Other Operating Leases Expiring Between Two Five Years	-51 348	-51 348	-4 080
Other Operating Leases Expiring Within One Year			-47 268
Other Reserves	400	400	400
Other Taxation Social Security Within One Year	149 936	147 575	168 041
Other Timing Differences	-3 500	-3 500	-3 500
Pensions Costs Defined Contribution Schemes		129 810	116 817
Prepayments Accrued Income Current Asset	53 183	58 856	65 271
Profit Loss For Period	13 654	80 281	206 034
Provisions Charged Credited To Profit Loss Account During Period		7 300	34 300
Provisions For Liabilities Charges	42 400	49 700	84 000
Share Capital Allotted Called Up Paid	3 600	3 600	3 600
Short-term Borrowing Charges Including Bank Interest	975	974	38
Stocks Raw Materials Consumables	308 367	314 225	348 083
Tangible Fixed Assets Additions		450 559	530 702
Tangible Fixed Assets Cost Or Valuation	2 408 380	2 753 182	3 264 441
Tangible Fixed Assets Depreciation	1 827 834	1 915 011	2 060 926
Tangible Fixed Assets Depreciation Charged In Period	-31 058	139 963	159 470
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		52 786	13 555
Tangible Fixed Assets Disposals		105 757	19 443
Taxation Expense Credit	8 600
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	-731	-17 516	-48 067
Tax On Profit Or Loss On Ordinary Activities	-10 000	7 300	34 300
Total Dividend Payment		75 000	100 000
Trade Creditors Within One Year	423 286	381 418	581 602
Turnover Gross Operating Revenue	5 052 588	5 166 766	5 617 307
Utilisation Tax Losses	-2 854	-43 206	-48 125
Wages Salaries	1 564 805	1 480 484	1 650 112

Company staff

Pascal N.

Role: Director

Appointed: 12 April 2023

Latest update: 26 March 2024

Franck P.

Role: Director

Appointed: 12 April 2023

Latest update: 26 March 2024

Fergus C.

Role: Director

Appointed: 04 May 2018

Latest update: 26 March 2024

Fergus C.

Role: Secretary

Appointed: 04 May 2018

Latest update: 26 March 2024

Steven B.

Role: Director

Appointed: 04 May 2018

Latest update: 26 March 2024

Jean-Jacques B.

Role: Director

Appointed: 12 April 2023

Resigned: 15 September 2023

Latest update: 26 March 2024

Colin W.

Role: Director

Appointed: 11 January 2005

Resigned: 04 May 2018

Latest update: 26 March 2024

Michael P.

Role: Director

Appointed: 23 December 2002

Resigned: 12 April 2023

Latest update: 26 March 2024

Simon H.

Role: Director

Appointed: 01 June 2000

Resigned: 15 March 2002

Latest update: 26 March 2024

Paul M.

Role: Director

Appointed: 01 January 1999

Resigned: 05 October 2000

Latest update: 26 March 2024

Joseph S.

Role: Director

Appointed: 21 March 1991

Resigned: 25 January 1993

Latest update: 26 March 2024

Robert H.

Role: Director

Appointed: 21 March 1991

Resigned: 30 June 2000

Latest update: 26 March 2024

Michael T.

Role: Director

Appointed: 21 March 1991

Resigned: 18 December 2003

Latest update: 26 March 2024

Anthea S.

Role: Director

Appointed: 21 March 1991

Resigned: 11 January 2005

Latest update: 26 March 2024

John S.

Role: Director

Appointed: 21 March 1991

Resigned: 11 January 2005

Latest update: 26 March 2024

People with significant control

The companies that control this firm include: Parafix Holdings Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Lancing at Spencer Road, Lancing Business Park, BN15 8UA.

Parafix Holdings Ltd

Address: 53 Spencer Road, Lancing Business Park, Lancing, BN15 8UA, England

Legal authority Companies Act

Legal form Limited Company

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Michael P.

Notified on 6 April 2016

Ceased on 6 April 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	19 April 2024
Confirmation statement last made up date	05 April 2023

Annual Accounts 16 July 2014
Start Date For Period Covered By Report	2013-01-01
End Date For Period Covered By Report	2013-12-31
Date Approval Accounts	16 July 2014
Annual Accounts 27 August 2015
Start Date For Period Covered By Report	2014-01-01
End Date For Period Covered By Report	2014-12-31
Date Approval Accounts	27 August 2015
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

Parafix Tapes And Conversions Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Pascal N.

Franck P.

Fergus C.

Fergus C.

Steven B.

Jean-Jacques B.

Colin W.

Michael P.

Simon H.

Paul M.

Joseph S.

Robert H.

Michael T.

Anthea S.

John S.

People with significant control

Parafix Holdings Ltd

Michael P.

Accounts Documents

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