Parlex (europe) Limited in Newport, PO30 5WB

Description

Data updated on: 01-11-2023

This business is located in Newport registered with number: 01345578. This company was set up in 1977. The headquarters of the firm is situated at Ground Floor And First Floor Enterprise House Monks Brook, St Cross Business Park. The area code for this location is PO30 5WB. It 's been seventeen years that The company's registered name is Parlex (europe) Limited, but till 2007 the business name was Poly-flex Circuits and up to that point, until 1997-12-31 this business was known under the name Tactus International. It means this company used four different names. This business's Standard Industrial Classification Code is 32990: Other manufacturing n.e.c.. Parlex (europe) Ltd released its latest accounts for the period up to 2022-03-31. The firm's latest confirmation statement was filed on 2023-08-31.

The company owns one restaurant or cafe. Its FHRSID is 924. It reports to Isle of Wight and its last food inspection was carried out on 2012/02/23 in Parlex, Taylor Road, PO30 5LG. The most recent quality assessment result obtained by the company is 5, which translates as very good. The components comprising this value are the following inspection results: 0 for hygiene, 0 for its structural management and 0 for confidence in management.

Given the company's growing number of employees, it was imperative to choose extra executives, among others: Andrea S., Amit C., Dominic W. who have been collaborating since August 2021 for the benefit of this specific business. In order to provide support to the directors, this business has been using the skills of Lai C. as a secretary since November 2012.

Previous company's names
Parlex (europe) Limited 2007-01-02
Poly-flex Circuits Limited 1997-12-31
Tactus International Limited 1996-09-05
Nfi Electronics Limited 1977-12-22

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	440 000	211 000
Current Assets	2 039 000	1 006 000
Debtors	1 333 000	758 000
Net Assets Liabilities	1 255 000	1 253 000
Other Debtors	75 000	23 000
Property Plant Equipment	625 000	825 000
Total Inventories	266 000	37 000

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal	398 000	93 000
Accumulated Depreciation Impairment Property Plant Equipment	4 968 000	335 000
Administrative Expenses	1 323 000	800 000
Average Number Employees During Period	38	19
Cost Sales	2 232 000	1 292 000
Creditors	644 000	93 000
Disposals Decrease In Depreciation Impairment Property Plant Equipment		4 755 000
Disposals Property Plant Equipment		5 190 000
Distribution Costs	18 000	14 000
Fixed Assets	625 000	825 000
Gross Profit Loss	692 000	691 000
Increase From Depreciation Charge For Year Property Plant Equipment		122 000
Net Current Assets Liabilities	1 395 000	996 000
Operating Profit Loss	-649 000	-122 000
Other Creditors	232 000	475 000
Other Inventories	266 000	37 000
Other Operating Income		1 000
Prepayments Accrued Income	29 000	52 000
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal		83 000
Profit Loss On Ordinary Activities After Tax	-607 000	-2 000
Profit Loss On Ordinary Activities Before Tax	-649 000	-122 000
Property Plant Equipment Gross Cost	5 593 000	1 160 000
Provisions For Liabilities Balance Sheet Subtotal	135 000
Taxation Social Security Payable	39 000	18 000
Tax Tax Credit On Profit Or Loss On Ordinary Activities	42 000	120 000
Total Additions Including From Business Combinations Property Plant Equipment		757 000
Total Assets Less Current Liabilities	2 020 000	1 821 000
Trade Creditors Trade Payables	605 000	75 000
Trade Debtors Trade Receivables	1 229 000	683 000
Turnover Revenue	2 924 000	1 983 000