Precision Printing Co. Limited in Dagenham, RM9 6FB

Description

Data updated on: 01-11-2023

Precision Printing started conducting its operations in 1979 as a Private Limited Company under the ID 01466899. The firm has been functioning for 45 years and the present status is active. This company's office is registered in Dagenham at Unit 15 Thames Gateway Park. Anyone could also find the company utilizing its zip code, RM9 6FB. The enterprise's SIC code is 18129 and has the NACE code: Printing n.e.c.. 2022-03-31 is the last time the accounts were filed.

From the information we have gathered, the firm was created 45 years ago and has so far been led by twenty directors, and out this collection of individuals four (Philip O., Matthew B., Andrew S. and Gary P.) are still functioning. Additionally, the director's responsibilities are backed by a secretary - Margaret H., who was chosen by this firm in March 2003.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2021-03-31
Currency

Balance Sheet
Cash Bank On Hand	16 448	100 482	137	232	338
Current Assets	4 897 641	6 784 754	6 512 363	6 366 691	3 497 841
Debtors	4 421 037	6 296 678	5 849 515	5 598 504	2 886 943
Net Assets Liabilities			2 722 024	3 266 985	1 316 799
Other Debtors	524 611	934 028	1 002 190	1 121 840	622 814
Property Plant Equipment	6 904 712	8 307 347	8 393 277	8 540 837	8 107 356
Total Inventories	460 156	387 594	662 711	767 955	610 560

Other Financial Data
Audit Fees Expenses				25 500	28 000
Accrued Liabilities Deferred Income	321 522	591 361	553 537	416 939	529 320
Accumulated Amortisation Impairment Intangible Assets					60 993
Accumulated Depreciation Impairment Property Plant Equipment	4 026 571	4 700 150	5 325 149	5 626 184	6 617 537
Additions Other Than Through Business Combinations Intangible Assets				230 615	5 002
Additions Other Than Through Business Combinations Property Plant Equipment		2 995 747	1 361 737	1 488 046	1 317 313
Administrative Expenses				2 711 106	3 949 883
Amortisation Expense Intangible Assets					60 993
Amounts Owed By Group Undertakings				459 285	405 507
Amounts Owed To Group Undertakings					350 955
Average Number Employees During Period			135	160	182
Bank Borrowings		961 485	791 322	630 296	2 093 714
Bank Borrowings Overdrafts	618 164	767 461	534 906	349 105	1 577 776
Bank Overdrafts	618 164	2 040 627	1 860 552	934 335	604 427
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	5 235 417	4 951 721	4 432 391	4 194 252	4 875 442
Corporation Tax Recoverable		79 346
Cost Sales				14 761 023	15 790 814
Creditors	3 633 180	4 900 643	3 844 353	2 853 953	3 494 108
Deferred Tax Asset Debtors			18 338	18 338	127 654
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period					-20 770
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences					-109 316
Depreciation Expense Property Plant Equipment				633 022	800 539
Distribution Costs				3 792 136	4 422 828
Dividends Paid				319 977	341 176
Dividends Paid Classified As Financing Activities	-594 463	-297 589	-320 502	-319 977
Dividends Paid On Shares				230 615
Dividends Paid On Shares Interim				319 977	341 176
Finance Lease Liabilities Present Value Total	3 633 180	4 133 182	3 309 447	2 404 848	1 916 332
Finance Lease Payments Owing Minimum Gross	1 254 778	1 141 335	1 208 947	3 649 044	3 042 572
Finished Goods Goods For Resale	29 878	32 064	47 100	30 423	50 712
Fixed Assets	7 511 670	8 914 305	9 045 233	9 423 505	9 502 522
Further Item Creditors Component Total Creditors				100 000
Further Item Interest Expense Component Total Interest Expense				34 798	154 060
Further Item Tax Increase Decrease Component Adjusting Items				154 652	296 548
Future Minimum Lease Payments Under Non-cancellable Operating Leases				6 899 136	5 974 306
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				-438	3 465
Gain Loss On Disposals Property Plant Equipment				9 235	14 818
Government Grant Income				453 006	706 026
Gross Profit Loss				7 180 513	5 687 172
Income From Related Parties				18 338
Increase From Amortisation Charge For Year Intangible Assets					60 993
Increase From Depreciation Charge For Year Property Plant Equipment		1 049 074	1 154 289	1 220 777	1 603 657
Intangible Assets	32 900	43 550	327 837	230 615	743 113
Intangible Assets Gross Cost				230 615	804 106
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				16 420	11 754
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				214 443	350 661
Interest Income On Bank Deposits				305	262
Interest Payable Similar Charges Finance Costs				265 661	516 475
Investments	606 958	606 958	651 956	652 053
Investments Fixed Assets	606 958	606 958	651 956	652 053	652 053
Investments In Associates	2	2	3
Investments In Subsidiaries	606 956	606 956	651 953	652 053	652 053
Issue Equity Instruments		300 000
Net Current Assets Liabilities	-1 633 484	-1 975 445	-2 478 856	-3 302 567	-4 691 615
Net Finance Income Costs				322	262
Operating Profit Loss				1 130 277	-1 202 113
Other Creditors	415 376	945 903	1 104 520	100 000	1 809 134
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		375 495	529 290	919 742	612 304
Other Disposals Property Plant Equipment		919 533	650 808	1 039 451	759 441
Other Interest Income				17
Other Interest Receivable Similar Income Finance Income				322	262
Other Operating Income Format1				453 006	1 483 426
Other Taxation Social Security Payable				521 182	397 998
Pension Other Post-employment Benefit Costs Other Pension Costs	41 215	44 682	83 823	107 518	121 209
Percentage Class Share Held In Associate		50
Percentage Class Share Held In Subsidiary		80	100	100	100
Prepayments Accrued Income	567 272	431 610	360 176	470 528	397 252
Profit Loss	555 686	188 764	1 004 309	864 938	-1 609 010
Profit Loss On Ordinary Activities Before Tax				864 938	-1 718 326
Property Plant Equipment Gross Cost	10 931 283	13 007 497	13 718 426	14 167 021	14 724 893
Raw Materials Consumables	237 892	221 378	402 736	434 158	434 487
Social Security Costs	408 912	389 448	345 364	439 428	526 945
Staff Costs Employee Benefits Expense	5 069 788	4 788 420	4 761 975	5 553 177	6 746 096
Tax Expense Credit Applicable Tax Rate				164 338	-326 482
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit				-240 346	-62 873
Tax Increase Decrease From Effect Capital Allowances Depreciation				-100 653	-25 903
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				15 160	27 101
Tax Tax Credit On Profit Or Loss On Ordinary Activities					-109 316
Total Assets Less Current Liabilities	5 878 186	6 938 860	6 566 377	6 120 938	4 810 907
Total Borrowings				1 564 631	2 698 141
Total Operating Lease Payments				675 614	917 511
Trade Creditors Trade Payables	3 649 406	3 579 360	3 676 499	4 592 079	2 855 444
Trade Debtors Trade Receivables	3 249 817	4 377 134	3 992 983	3 528 513	1 333 716
Turnover Revenue				21 941 536	21 477 986
Wages Salaries	4 619 661	4 354 290	4 332 788	5 006 231	6 097 942
Work In Progress	192 386	134 152		303 374	125 361
Company Contributions To Defined Benefit Plans Directors				15 794	6 611
Director Remuneration				156 024	270 311
Director Remuneration Benefits Including Payments To Third Parties				171 818	276 922