Precision Electric Contractors & Engineers Ltd. in Northampton, NN3 6AX

Description

Data updated on: 01-11-2023

2010 is the date that marks the beginning of Precision Electric Contractors & Engineers Ltd., a company which is located at 44 Tenter Road, Moulton Park Industrial Estate in Northampton. This means it's been 14 years Precision Electric Contractors & Engineers has prospered in the United Kingdom, as the company was started on 2010-04-14. The Companies House Registration Number is 07222701 and the company zip code is NN3 6AX. This firm's Standard Industrial Classification Code is 43210 and has the NACE code: Electrical installation. Precision Electric Contractors & Engineers Limited. released its latest accounts for the period up to 2021-05-31. The business most recent annual confirmation statement was submitted on 2022-04-14.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31
Currency

Balance Sheet
Cash Bank On Hand	78 489	29 227	10 974	63 955	45 435	466
Current Assets	678 618	551 029	544 451	668 810	662 497	600 532
Debtors	599 629	521 302	532 977	588 813	598 677	533 817
Net Assets Liabilities	161 680	183 306	112 138	133 895	149 139	62 679
Other Debtors	36 065	6 853	12 799	94 876	41 931	20 729
Property Plant Equipment	76 651	69 682	61 537	34 574	29 276	22 437
Total Inventories	500	500	500	16 042	18 385	66 249

Other Financial Data
Accrued Liabilities Deferred Income	47 062	130 178	3 150	12 001
Accumulated Depreciation Impairment Property Plant Equipment	29 040	38 373	47 808	35 435	43 452	50 291
Additions Other Than Through Business Combinations Property Plant Equipment		13 447	14 576		2 719
Amounts Owed By Group Undertakings Participating Interests	70 802
Amounts Owed To Group Undertakings	27 549
Amounts Owed To Other Related Parties Other Than Directors		59 302	115 943	179 361	144 247
Applicable Tax Rate				19	19
Average Number Employees During Period	7	7	10	12	13	10
Balances Amounts Owed To Related Parties			94 194
Bank Borrowings Overdrafts						25 521
Corporation Tax Payable	10 863	6 746			11 392
Creditors	507 314	426 445	486 411	385 702	396 318	356 699
Current Tax For Period					11 392
Depreciation Rate Used For Property Plant Equipment		20	20	20	20	20
Disposals Decrease In Depreciation Impairment Property Plant Equipment		6 505	7 059	21 245
Disposals Property Plant Equipment		11 083	13 286	39 336
Finance Lease Liabilities Present Value Total	12 745	10 640	11 423	5 463
Finance Lease Payments Owing Minimum Gross	25 179	21 600	18 862	7 439
Increase Decrease In Current Tax From Adjustment For Prior Periods				-6 746
Increase From Depreciation Charge For Year Property Plant Equipment		15 838	16 494	8 872	8 017	6 839
Net Current Assets Liabilities	171 304	124 584	58 040	283 108	266 179	243 833
Number Shares Issued Fully Paid	100	100	100	100	100	100
Other Creditors	862	59 302		17 464	114 673	34 931
Other Remaining Borrowings			115 943	1 903	1 790	149 962
Other Taxation Social Security Payable	48 870	61 781	18 297	19 755	86 385	50 253
Par Value Share		1	1	1	1	1
Profit Loss On Ordinary Activities Before Tax				15 011	26 636
Property Plant Equipment Gross Cost	105 691	108 055	109 345	70 009	72 728	72 728
Provisions For Liabilities Balance Sheet Subtotal				2 450	2 069	11 535
Taxation Including Deferred Taxation Balance Sheet Subtotal	4 715			2 450
Tax Decrease From Utilisation Tax Losses				4 552	712
Tax Expense Credit Applicable Tax Rate				2 814	5 061
Tax Increase Decrease From Effect Capital Allowances Depreciation				1 058	269
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				680	6 774
Tax Tax Credit On Profit Or Loss On Ordinary Activities				-6 746	11 392
Total Assets Less Current Liabilities	247 955	194 266	119 577	317 682	295 455	266 270
Total Current Tax Expense Credit				-6 746	11 392
Trade Creditors Trade Payables	359 363	157 798	337 598	346 580	182 078	243 762
Trade Debtors Trade Receivables	492 762	514 449	520 178	493 937	556 746	513 088
Unpaid Contributions To Pension Schemes				1 903	1 790	2 232
Director Remuneration	18 750	52 400