Philip Myers Web (neston) Limited in Leeds, LS10 1EP

Description

Data updated on: 01-11-2023

This firm is widely known under the name of Philip Myers Web (neston) Limited. This company was founded 20 years ago and was registered under 05159642 as its registration number. This office of the company is located in Leeds. You can contact them at Unit 2 Navigation Park, Lockside Road. The company's Standard Industrial Classification Code is 18129 which stands for Printing n.e.c.. Its latest accounts describe the period up to 2022-03-31 and the most recent annual confirmation statement was released on 2023-07-20.

With two recruitment advertisements since 3rd September 2014, the corporation has been active on the labour market. On 17th October 2014, it started employing new employees for a full time Company Accountant post in Neston, and on 3rd September 2014, for the vacant post of a full time Fork Lift Truck Driver / Warehouseman in Neston.

In order to be able to match the demands of their clients, the business is continually led by a unit of two directors who are Christopher J. and Graham G.. Their mutual commitment has been of prime importance to the business since 2023.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-01-31	2016-07-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	10 551	84 559	1 382	8 250	279 321	95 149	399 384	21 102	457 788
Current Assets	5 385 738	4 001 732	4 176 452	4 547 470	3 457 955	2 960 817	3 114 066	3 422 809	2 983 907
Debtors	4 752 678	3 468 921	3 532 455	3 845 061	2 573 156	2 421 368	2 470 267	2 710 795	2 088 496
Net Assets Liabilities	634 572	-570 304	-370 282	-724 741	-359 761	-249 701	272 454	606 513	798 583
Other Debtors	144 852	238 172	358 930	148 089	53 908	59 457
Property Plant Equipment	2 017 725	1 442 983	2 253 045	1 095 107	1 049 384	1 590 618	1 506 911	1 365 322	1 369 709
Total Inventories	622 509	448 252	642 615	694 159	605 478	444 300	244 415	690 912	437 623

Other Financial Data
Audit Fees Expenses	10 750	14 695	14 710	20 713	17 000	15 000
Accrued Liabilities Deferred Income	263 046	171 789	248 920	252 021	343 327	305 791
Accumulated Depreciation Impairment Property Plant Equipment	1 822 946	2 426 577	922 902	798 424	944 374	1 068 338	1 214 109	1 398 950	1 583 791
Additions Other Than Through Business Combinations Property Plant Equipment		32 420	917 208	12 584	100 227	715 198
Administrative Expenses	2 621 052	5 525 835	2 054 311	2 991 335	2 221 914	2 274 020
Amounts Owed By Group Undertakings			198 840	154 340	154 340	154 340
Amounts Owed By Parent Entities	149 000	149 000
Average Number Employees During Period	94	144	140	127	70	57	47	41	44
Bank Borrowings	353 026	327 222	491 779	9 900
Bank Borrowings Overdrafts	315 674	39 324	466 957	2 745 569	1 948 555	1 670 331
Bank Overdrafts	2 099 017	2 105 348	2 296 315	2 735 669	1 948 555	1 670 331
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	1 097 873	300 000	1 215 000	823 500	824 488	1 422 235
Comprehensive Income Expense	324 997	-954 650	200 022	-354 459	364 980	110 060
Corporation Tax Payable	65 625
Corporation Tax Recoverable		75 956	75 956	9 830	9 830	9 830
Cost Sales	11 657 801	17 944 754	7 161 700	10 485 229	7 407 232	6 649 747
Creditors	580 581	233 432	1 232 484	617 982	541 911	3 987 925	3 570 627	3 547 948	3 347 617
Current Tax For Period	65 625	-75 956
Deferred Income				59 000	59 000	51 625
Deferred Tax Asset Debtors		66 257	66 257	66 257	66 257	66 257
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	10 331	-143 395
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	10 331	-143 395				129 913
Depreciation Expense Property Plant Equipment	99 913	360 640	47 146	68 362	51 261	47 896
Distribution Costs	1 075 178	1 743 480	792 944	1 116 532	615 147	500 127
Dividends Paid	222 796	250 226
Dividends Paid Classified As Financing Activities	-222 796	-250 226
Finance Lease Liabilities Present Value Total	264 907	101 721	730 433	545 674	490 286	599 336
Finance Lease Payments Owing Minimum Gross	472 436	202 328	1 179 947	691 057	649 967	1 122 463
Finished Goods Goods For Resale	622 509	448 252	585 770	531 453	425 474	368 616
Fixed Assets						1 590 618	1 506 911	1 365 322	1 369 709
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	38 944	25 804	328 443	481 879
Further Item Operating Expense Loss Income Statement Item Component Operating Profit Loss		520 637
Further Item Tax Increase Decrease Component Adjusting Items	61 153	-35 703	-54 398	30 374	27 731	27 733
Future Minimum Lease Payments Under Non-cancellable Operating Leases					2 453 120	1 839 840
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss					95
Gain Loss From Sales Investment Properties Recognised In Profit Or Loss				-144 886
Gain Loss On Disposals Property Plant Equipment	-633	-18 558		34 667		4 000
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income	67 843	97 978
Government Grant Income					14 750	7 375
Gross Profit Loss	4 121 377	6 684 431	3 107 877	4 020 904	3 269 420	3 095 428
Impairment Loss Property Plant Equipment		250 000
Income From Related Parties					141 297	167 502
Income Taxes Paid Refund Classified As Operating Activities		-65 625		66 126
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	967 392	-67 677	274 144
Increase Decrease In Current Tax From Adjustment For Prior Periods		-75 956
Increase From Depreciation Charge For Year Property Plant Equipment		431 140	47 146	159 862	145 950	145 964	145 771	184 841	184 841
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment		250 000
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	35 645	87 735	36 947	91 965	52 978	46 650
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	67 698	52 056	13 418	30 645	29 151	42 033
Interest Payable Similar Charges Finance Costs	122 037	166 458	60 600	122 610	82 129	88 683
Net Cash Flows From Used In Financing Activities	633 823	375 558	-176 974
Net Cash Flows From Used In Investing Activities	185 927	26 978	-57 792
Net Cash Flows From Used In Operating Activities	147 642	-470 213	508 910
Net Cash Generated From Operations	25 605		448 310	222 020
Net Current Assets Liabilities	-685 722	-1 740 143	-1 351 131	-1 162 154	-827 522	-1 027 108	-456 561	-125 139	-363 710
Net Interest Paid Received Classified As Operating Activities	-122 037	-166 458	-60 600	-122 610	-82 129
Number Shares Issued Fully Paid				100 002
Operating Profit Loss	455 147	-1 105 521	260 622	-86 963	447 109	328 656
Other Creditors	115 420	70 484	57 932	330 213	226 957	244 017
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		6 000	1 550 821	284 340		22 000
Other Disposals Property Plant Equipment		30 000	1 610 821	1 295 000		50 000
Other Operating Income Format1	30 000				14 750	7 375
Other Remaining Borrowings		92 387	35 094	13 308	16 308
Other Taxation Social Security Payable	83 794	241 428	60 526	62 282	31 957	25 545
Par Value Share				1
Payments Finance Lease Liabilities Classified As Financing Activities	-372 083	-270 108		-488 890	-131 090
Pension Other Post-employment Benefit Costs Other Pension Costs		31 053	15 990	28 275	29 195	25 929
Prepayments Accrued Income	391 996	292 535	89 098	271 581	33 095	132 919
Proceeds From Sales Property Plant Equipment	-3 001	-5 442	-60 000
Profit Loss	257 154	-1 052 628	200 022	-354 459	364 980	110 060
Profit Loss On Ordinary Activities Before Tax	333 110	-1 271 979	200 022	-354 459	364 980	239 973
Property Plant Equipment Gross Cost	3 840 671	3 869 560	3 175 947	1 893 531	1 993 758	2 658 956	2 721 020	2 764 272	2 953 500
Provisions For Liabilities Balance Sheet Subtotal	116 850	39 712	39 712	39 712	39 712	169 625	169 625
Purchase Property Plant Equipment	-188 928	-32 420	-2 208	-12 584	-10 227
Repayments Borrowings Classified As Financing Activities		170 580	-50 202	-71 070	-33 000
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment		-71 509
Staff Costs Employee Benefits Expense	2 967 740	5 846 120	2 282 652	3 203 901	2 013 851	1 821 585
Taxation Including Deferred Taxation Balance Sheet Subtotal	116 850	39 712	39 712	39 712	39 712	169 625
Tax Decrease From Utilisation Tax Losses	5 495				59 391
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	6 358	59 748	2 880	24 346	1 504	1 493
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward		144 123	2 085	39 587		14 173
Tax Tax Credit On Profit Or Loss On Ordinary Activities	75 956	-219 351				129 913
Total Additions Including From Business Combinations Property Plant Equipment							62 064	43 252	189 228
Total Assets Less Current Liabilities	1 332 003	-297 160	901 914	-67 047	221 862	563 510	1 050 350	1 240 183	1 005 999
Total Borrowings			502 051	13 308	1 964 863	1 670 331
Total Increase Decrease From Revaluations Property Plant Equipment		26 469
Total Operating Lease Payments			412 751	520 296	375 291	405 477
Trade Creditors Trade Payables	3 199 677	2 686 128	2 304 270	2 130 781	1 551 317	1 211 739
Trade Debtors Trade Receivables	4 066 830	2 647 001	2 743 374	3 194 964	2 255 726	1 998 565
Turnover Revenue	15 779 178	24 629 185	10 269 577	14 506 133	10 676 652	9 745 175
Wages Salaries	2 967 740	5 815 067	2 266 662	3 175 626	1 984 656	1 795 656
Work In Progress			56 845	162 706	180 004	75 684