Polyteck Building Services Limited in London, N21 3NA

Description

Data updated on: 01-11-2023

Situated at 1 Kings Avenue, London N21 3NA Polyteck Building Services Limited is classified as a Private Limited Company with 05498728 Companies House Reg No. It was started on Monday 4th July 2005. The enterprise's registered with SIC code 43210 which means Electrical installation. 2021-12-31 is the last time the accounts were filed.

On 2016/09/09, the enterprise was looking for a Electrician to fill a position in London. They offered a job with wage £37000.00 per year.

Currently, this company is directed by one director: Yiannakis P., who was selected to lead the company in July 2005. That company had been directed by George P. until Monday 29th June 2020. Furthermore another director, specifically Costantinos P. gave up the position in October 2019. To help the directors in their tasks, the company has been using the skills of Lefki P. as a secretary since the appointment on Monday 4th July 2005.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31
Currency

Balance Sheet
Cash Bank On Hand	4 467	7 540	4 763	632	100 769	5 966	1 734
Current Assets	5 339 658	7 787 280	7 695 432	10 132 731	9 535 457	8 154 976	9 614 720
Debtors	4 411 605	6 866 243	7 232 671	9 642 100	8 965 571	7 764 382	9 249 831
Net Assets Liabilities	1 873 555	2 645 109	3 518 434	3 981 482	4 368 871	4 623 036	4 858 006
Other Debtors	105 397	686 792	424 760	1 223 523	1 166 625	1 981 201	3 018 036
Property Plant Equipment	673 597	793 623	858 270	809 776	822 859	917 620	975 165
Total Inventories	923 586	913 497	457 998	489 999	469 117	384 628	363 155

Other Financial Data
Audit Fees Expenses		15 000	15 000	15 000	15 000	25 000	25 000
Accrued Liabilities Deferred Income	343 863	196 719	172 291	148 645	89 900	74 676	272 869
Accumulated Amortisation Impairment Intangible Assets				51 963	117 833	183 703	249 573
Accumulated Depreciation Impairment Property Plant Equipment	794 974	1 052 720	1 317 570	1 372 660	1 519 004	1 192 403	1 245 372
Additions Other Than Through Business Combinations Intangible Assets				519 629	139 072
Additions Other Than Through Business Combinations Property Plant Equipment			376 744	251 398	352 081	444 790
Administrative Expenses	3 213 865	4 309 072	4 667 300	4 808 866	5 042 977	3 638 212	4 073 713
Amortisation Expense Intangible Assets				51 963	65 870	65 870	65 870
Amortisation Impairment Expense Intangible Assets				51 963	65 870	65 870
Amounts Recoverable On Contracts	2 496 717	4 401 724	4 721 852	6 236 436	5 341 436	4 173 643	2 941 617
Average Number Employees During Period	108	150	159	131	150	114	116
Bank Borrowings	60 858	53 090	45 068	37 070	323 309	182 498	223 594
Bank Borrowings Overdrafts	53 100	45 196	37 062	29 072	209 547	1 029 329	800 000
Banking Arrangements Classified As Cash Cash Equivalents			-341 810	-1 844 575	-1 591 913	-202 704
Bank Overdrafts	763 735	920 480	341 810	1 844 575	1 591 913	202 704	1 053 194
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment		520 534	602 879	470 398	491 252	335 702
Cash Cash Equivalents Cash Flow Value	-759 268	-912 940	-337 047	-1 843 943	-1 491 144	-196 738	-1 051 460
Comprehensive Income Expense	770 502	771 554	898 325	588 042	462 383	314 165	534 970
Corporation Tax Payable	250 122	298 231	222 818	344 506	130 469	195 551	225 554
Cost Sales	13 926 279	18 532 914	18 113 146	25 497 669	17 042 700	10 071 140	16 696 349
Creditors	271 150	339 088	375 825	207 119	433 748	1 261 031	1 119 130
Current Tax For Period	173 488	197 773	123 946	186 487	2 762	81 594	118 184
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		38 693	-7 030	-3 296		33 195
Depreciation Expense Property Plant Equipment	133 894	115 455	197 042	156 799		214 622	238 450
Depreciation Impairment Expense Property Plant Equipment			290 551	256 970	264 262	214 622
Dividends Paid	90 000		25 000	125 000	75 000	60 000	300 000
Dividends Paid Classified As Financing Activities	-90 000		-25 000	-125 000	-75 000	-60 000	-300 000
Dividends Paid On Shares Final				125 000	75 000
Dividends Paid On Shares Interim	90 000		25 000			60 000	300 000
Finance Lease Liabilities Present Value Total	218 050	293 892	561 541	406 679	416 689	173 346	208 745
Finance Lease Payments Owing Minimum Gross	128 668	527 364	648 707	454 465	459 374	447 888
Fixed Assets	998 597	1 193 623	1 258 270	1 677 442	1 763 727	1 792 618	1 784 293
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities		7 768	8 022		-286 239	-888 517	188 233
Further Item Tax Increase Decrease Component Adjusting Items		38 693	-7 030	-3 296	-1 678	33 195
Future Finance Charges On Finance Leases	16 525	75 754	87 166	47 786	42 685	42 840
Future Minimum Lease Payments Under Non-cancellable Operating Leases	158 800	158 800	278 039	251 739	179 653	216 040
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-1 494	296	-1 362			-514	-692
Gain Loss On Disposals Property Plant Equipment	-85 896	-1 570	6 704	10 956	8 831	-87 300	-12 290
Government Grant Income						767 789
Gross Profit Loss	4 172 496	5 300 877	5 741 823	5 675 555	5 576 385	3 393 398	4 209 613
Impairment Loss Reversal On Investments		-75 000
Income Taxes Paid Refund Classified As Operating Activities	-28 576	-149 664	-199 359	-64 799	-169 053	-16 512	-110 196
Increase Decrease In Current Tax From Adjustment For Prior Periods	-17 186				-47 746		22 015
Increase From Amortisation Charge For Year Intangible Assets				51 963	65 870	65 870	65 870
Increase From Depreciation Charge For Year Property Plant Equipment		273 239	290 551	256 970	264 262	214 622	238 450
Intangible Assets				467 666	540 868	474 998	409 128
Intangible Assets Gross Cost				519 629	658 701	658 701
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings		44 706	41 463	62 298	112 375	84 790
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts		26 339	29 819	33 963	15 884	21 530
Interest Income On Bank Deposits						49
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss						49
Interest Payable Similar Charges Finance Costs	44 327	71 045	71 282	96 261	128 259	106 320	95 921
Interest Received Classified As Investing Activities						-49
Investment Property	325 000	400 000	400 000	400 000	400 000	400 000	400 000
Investment Property Fair Value Model	325 000	400 000	400 000	400 000	400 000	400 000
Issue Equity Instruments				6	6
Minimum Lease Payments Receivable Under Non-cancellable Operating Leases			12 000	180 688	168 438	156 188
Net Cash Flows From Used In Investing Activities	494 982	76 313	348 494	717 149	407 586	483 934	308 269
Net Cash Flows From Used In Operating Activities	-667 823	-58 305	-937 810	498 286	-539 130	-961 464	169 435
Net Cash Generated From Operations	-740 726	-279 014			-836 442	-1 084 296	-36 682
Net Current Assets Liabilities	1 165 415	1 848 574	2 686 959	2 558 833	3 086 566	4 172 318	4 297 401
Net Finance Income Costs						49
Net Interest Paid Received Classified As Operating Activities		-71 045	-71 282	-96 261	-128 259	-106 320
Number Equity Instruments Exercisable Share-based Payment Arrangement			3 325	2 728	1 964	1 964
Number Equity Instruments Granted Share-based Payment Arrangement			3 325		333
Number Equity Instruments Outstanding Share-based Payment Arrangement			3 325	2 728	1 964	1 964
Number Shares Issued Fully Paid		100	100				1 162
Operating Profit Loss	971 131	1 079 065	1 086 523	867 494	545 658	535 225	794 763
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			25 701	201 880	117 918	541 223
Other Disposals Property Plant Equipment			47 247	244 802	192 654	676 630
Other Interest Receivable Similar Income Finance Income						49	16
Other Operating Income Format1	12 500	12 260	12 000	805	12 250	780 039	658 863
Other Taxation Social Security Payable	177 914	326 817	919 755	818 646	1 087 272	406 544	350 869
Par Value Share		1	1				1
Payments Finance Lease Liabilities Classified As Financing Activities	217 141	-221 835	109 931	-154 862	10 010	-11 641	122 827
Pension Other Post-employment Benefit Costs Other Pension Costs	4 189	28 888	33 556	68 622	103 466	79 875	88 353
Prepayments Accrued Income	50 012	51 853	51 219	196 417	88 468	138 805	78 445
Proceeds From Issue Debt Securities Classified As Financing Activities		-93 939	90 332
Proceeds From Issuing Shares				-6	-6
Proceeds From Sales Property Plant Equipment	-30 361		-28 250	-53 878	-83 567	39 193	-27 340
Profit Loss	770 502	771 554	898 325	588 042	462 383	314 165	534 970
Profit Loss On Ordinary Activities Before Tax	926 804	1 008 020	1 015 241	771 233	417 399	428 954	698 858
Property Plant Equipment Gross Cost	1 468 571	1 846 343	2 175 840	2 182 436	2 341 863	2 110 023	2 220 537
Provisions For Liabilities Balance Sheet Subtotal	19 307	58 000	50 970	47 674	47 674	80 869	104 558
Purchase Intangible Assets				-519 629	-139 072
Purchase Property Plant Equipment	-525 343	-76 313	-376 744	-251 398	-352 081	-444 790	-335 625
Raw Materials Consumables		484 997	457 998	489 999	469 117	384 628
Social Security Costs	390 788	501 196	545 973	593 902	584 041	451 019	514 090
Staff Costs Employee Benefits Expense	4 124 907	5 414 595	5 852 024	6 293 568	6 155 546	4 769 168	5 325 768
Taxation Including Deferred Taxation Balance Sheet Subtotal		58 000	50 970	47 674	47 674	80 869
Tax Decrease Increase From Effect Revenue Exempt From Taxation		15 000
Tax Expense Credit Applicable Tax Rate	187 224	201 604	195 434	146 534	79 306	81 501	132 783
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit			-84 072		-78 065	-36 000
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	12 280	11 608	13 185	14 375	18 043	19 201	17 902
Tax Tax Credit On Profit Or Loss On Ordinary Activities	156 302	236 466	116 916	183 191	-44 984	114 789	163 888
Total Assets Less Current Liabilities	2 164 012	3 042 197	3 945 229	4 236 275	4 850 293	5 964 936	6 081 694
Total Borrowings	824 593	973 570	386 878	1 881 645	1 915 222	385 202	1 276 788
Total Current Tax Expense Credit	156 302	197 773		186 487	-44 984	81 594	140 199
Total Operating Lease Payments	239 349	260 423	231 328	220 569	176 661	164 559	223 632
Trade Creditors Trade Payables	2 193 416	3 125 678	2 727 059	3 268 659	2 564 229	1 176 270	1 890 147
Trade Debtors Trade Receivables	1 759 479	1 725 874	2 034 840	1 985 724	2 369 042	1 470 733	3 211 733
Turnover Revenue	18 098 775	23 833 791	23 854 969	31 173 224	22 619 085	13 464 538	20 905 962
Wages Salaries	3 729 930	4 884 511	5 272 495	5 631 044	5 468 039	4 238 274	4 723 325
Weighted Average Exercise Price Equity Instruments Exercisable Share-based Payment Arrangement			0	0	0
Weighted Average Exercise Price Equity Instruments Exercised Share-based Payment Arrangement				0	0
Weighted Average Exercise Price Equity Instruments Expired Share-based Payment Arrangement					0
Weighted Average Exercise Price Equity Instruments Granted Share-based Payment Arrangement			0		0
Weighted Average Exercise Price Equity Instruments Outstanding Share-based Payment Arrangement			0	0	0
Director Remuneration	44 297	4 333			38 537
Dividend Recommended By Directors							300 000
Additional Provisions Increase From New Provisions Recognised		38 693					23 689
Applicable Tax Rate	20	20				19	19
Depreciation Amortisation Expense	245 968	273 239				280 493	304 322
Disposals Decrease In Depreciation Impairment Property Plant Equipment		15 493					185 481
Disposals Property Plant Equipment		17 063					225 111
Finished Goods	423 281	484 997				384 628	363 155
Further Item Interest Expense Component Total Interest Expense	12 300	4 217				21 530	26 213
Further Operating Expense Item Component Total Operating Expenses	8 000	12 500
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	61 845	1 419 959				-3 665 787	1 413 692
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-838 449	-2 429 908				33 396	-1 889 535
Gain Loss On Disposal Assets Income Statement Subtotal	-85 896	-1 570				-174 600	-24 580
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	179 190	-153 672				1 294 406	-854 722
Increase Decrease In Property Plant Equipment		318 522
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	-214 335	-10 089				-4 494 158	-21 473
Interest Expense On Bank Overdrafts	30 558	44 706				84 790	61 903
Interest Paid Classified As Operating Activities	-44 327	-71 045				-106 320	-95 921
Net Cash Flows From Used In Financing Activities	-6 349	135 664				-816 876	377 018
Other Creditors	82 690	400 427				344 300	359 831
Other Deferred Tax Expense Credit		38 693				33 195	23 689
Provisions	19 307	58 000				80 869	104 558
Repayments Borrowings Classified As Financing Activities	7 617	-7 768
Tax Increase Decrease From Effect Capital Allowances Depreciation	-43 368	753				306	-17 660
Total Additions Including From Business Combinations Property Plant Equipment		394 835					335 625
Work In Progress	500 305	428 500
Cash Receipts From Government Grants						-767 789	-632 613
Dividend Per Share Interim							30
Net Interest Received Paid Classified As Investing Activities						-49	-16

Company staff

Yiannakis P.

Role: Director

Appointed: 04 July 2005

Latest update: 20 March 2024

Lefki P.

Role: Secretary

Appointed: 04 July 2005

Latest update: 20 March 2024

People with significant control

The companies that control this firm include: Strata Property Holdings Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in London, N21 3NA and was registered as a PSC under the registration number 12474178.

Strata Property Holdings Ltd

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered England And Wales

Place registered England And Wales

Registration number 12474178

Notified on 19 December 2023

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Maria P.

Notified on 13 March 2023

Ceased on 19 December 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Yiannakis P.

Notified on 6 April 2016

Ceased on 19 December 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

George P.

Notified on 31 October 2019

Ceased on 13 March 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Costantinos P.

Notified on 6 April 2016

Ceased on 31 October 2019

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	29 March 2024
Account last made up date	31 December 2021
Confirmation statement next due date	27 March 2024
Confirmation statement last made up date	13 March 2023

Annual Accounts
Start Date For Period Covered By Report	01 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2016
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021

Electrician in London, posted on Friday 9th September 2016
Region / City	London
Salary	£37000.00 per year
Job type	contract
Expiration date	Friday 30th September 2016

Polyteck Building Services Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Yiannakis P.

Lefki P.

George P.

Costantinos P.

People with significant control

Strata Property Holdings Ltd

Maria P.

Yiannakis P.

George P.

Costantinos P.

Accounts Documents

Jobs and Vacancies at Polyteck Building Services Ltd

Company filings

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