Principal Doorsets Ltd in Barnstaple, EX31 1NB

Description

Data updated on: 01-11-2023

This particular Principal Doorsets Ltd company has been in this business field for 10 years, as it's been established in 2014. Started with Companies House Reg No. 09196220, Principal Doorsets was set up as a Private Limited Company located in Riverside Road, Barnstaple EX31 1NB. This enterprise's declared SIC number is 16230 and their NACE code stands for Manufacture of other builders' carpentry and joinery. The company's latest financial reports describe the period up to December 31, 2022 and the most current confirmation statement was filed on November 15, 2022.

Taking into consideration the enterprise's register, since August 2014 there have been two directors: Stanley B. and Robert L.. To find professional help with legal documentation, the abovementioned business has been utilizing the skillset of Anita S. as a secretary since the appointment on 2014/10/24.

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	2022-12-31
Currency
Net Worth	-87 236

Balance Sheet
Cash Bank On Hand		68 019	379 300	87 769	521 534	1 144 717	307 409	1 048 536
Current Assets	540 956	1 127 503	1 982 836	1 973 891	2 420 591	3 107 785	2 970 504	3 768 812
Debtors	342 300	694 529	948 184	988 007	1 074 507	1 007 606	1 337 945	1 974 709
Net Assets Liabilities		245 269	799 600	1 233 676	1 708 893	2 165 746	2 371 057	3 260 754
Other Debtors			6 637		1 600	18 904	15 322
Property Plant Equipment		379 760	1 942 473	2 079 819	2 326 652	2 170 424	2 592 389	2 607 012
Total Inventories		364 955	655 352	898 115	824 551	955 462	622 779	745 567
Cash Bank In Hand	35 809
Net Assets Liabilities Including Pension Asset Liability	-87 236
Stocks Inventory	162 847
Tangible Fixed Assets	313 831

Capital & Reserves
Called Up Share Capital	1 000
Profit Loss Account Reserve	-88 236
Shareholder Funds	-87 236

Other Financial Data
Audit Fees Expenses								17 000
Accrued Liabilities		12 503	8 631	9 675	11 117	66 366	19 275
Accumulated Depreciation Impairment Property Plant Equipment		101 891	132 601	250 740	392 250	548 201	687 144	867 058
Additions Other Than Through Business Combinations Property Plant Equipment			1 729 817	315 889	417 825	20 626	618 658	194 537
Administrative Expenses							1 756 295	1 954 236
Amounts Owed By Related Parties					1 600	16 027	5 366	113 526
Applicable Tax Rate							19	19
Average Number Employees During Period		33	39	45	48	50	60	60
Balances With Banks							307 409	1 048 536
Bank Borrowings							1 000 386	836 263
Bank Borrowings Overdrafts							-179 748
Bank Overdrafts		93 526	302 199	121 934	270 636	385 483	179 748
Capital Commitments								954 527
Cash Cash Equivalents Cash Flow Value						759 234	127 661
Comprehensive Income Expense							379 943	1 278 836
Cost Sales							4 858 204	5 260 810
Creditors		551 158	1 927 420	1 808 213	1 810 698	1 558 709	1 461 508	1 456 859
Current Tax For Period								-14 060
Deferred Income		48 067	236 887	182 061	127 235	79 439	38 213	190 818
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws								74 112
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences							87 092	11 550
Depreciation Amortisation Expense							169 288	213 935
Depreciation Expense Property Plant Equipment							169 288	213 935
Disposals Decrease In Depreciation Impairment Property Plant Equipment			-93 818	-16 549	-16 400	-12 448	-38 144
Disposals Property Plant Equipment			-136 095	-58 000	-29 483	-20 903	-57 750
Dividend Per Share Interim							16 000	16 000
Dividends Paid							-160 000	-160 000
Dividends Paid Classified As Financing Activities							-160 000	-160 000
Finance Lease Liabilities Present Value Total		112 764		293 841	443 586	385 917	154 907	208 771
Finance Lease Payments Owing Minimum Gross							577 816	638 549
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities							-92 967	876 517
Further Item Creditors Component Total Creditors								652 400
Further Item Debtors Component Total Debtors								14 061
Future Minimum Lease Payments Under Non-cancellable Operating Leases							73 771	49 554
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables							-373 725	149 888
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables							394 179	14 721
Gain Loss In Cash Flows From Change In Deferred Items							-9 238	-8 427
Gain Loss In Cash Flows From Change In Inventories							344 495	122 788
Gain Loss On Disposals Property Plant Equipment							5 394
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss								-150
Government Grant Income							9 238	8 427
Gross Amount Due From Customers For Construction Contract Work As Asset							607 982	457 307
Gross Profit Loss							2 163 998	3 185 533
Income Taxes Paid Refund Classified As Operating Activities								-187 856
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation							-631 573	920 875
Increase Decrease In Current Tax From Adjustment For Prior Periods							-116 129	-237 858
Increase Decrease In Existing Provisions								85 662
Increase From Depreciation Charge For Year Property Plant Equipment			124 825	134 688	157 911	168 399	177 087	213 935
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings							32 940	36 762
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts							33 095	40 231
Interest Paid Classified As Financing Activities							-66 035	-76 993
Interest Paid Classified As Operating Activities							66 035	76 993
Interest Payable Similar Charges Finance Costs							66 035	77 143
Key Management Personnel Compensation Short-term Employee Benefits							19 322	21 626
Loss On Financing Activities Due To Foreign Exchange Differences								150
Minimum Operating Lease Payments Recognised As Expense							42 598	42 356
Net Cash Flows From Used In Financing Activities							-724 858	-296 658
Net Cash Flows From Used In Investing Activities							-113 363	-128 008
Net Cash Flows From Used In Operating Activities							206 648	1 345 541
Net Cash Generated From Operations							206 648	1 157 685
Net Cash Inflow Outflow From Operations Before Movements In Working Capital							580 835	1 453 509
Net Current Assets Liabilities	48 605	463 061	840 098	1 134 844	1 340 737	1 690 077	1 463 315	2 419 402
Number Shares Issued Fully Paid		1 000	1 000	1 000	1 000	1 000	1 000	1 000
Other Creditors		42 000	7 500	4 000
Other Employee Expense							2 789	1 297
Other Inventories		364 955	655 352	898 115	824 551	955 462	622 779	745 567
Other Operating Income Format1							9 238	8 427
Other Payables Accrued Expenses							19 275	83 346
Other Remaining Borrowings		390 327	1 690 533	1 332 311	1 239 877	1 093 353	1 000 386	70 000
Other Short-term Employee Benefits							21 256	21 346
Par Value Share	1		1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities							74 439	60 733
Pension Costs Defined Contribution Plan							45 890	51 142
Prepayments		3 840	50 163	53 341	62 934	59 644	59 353	162 974
Proceeds From Finance Leases Classified As Financing Activities							-480 295	-66 529
Proceeds From Sales Property Plant Equipment							25 000
Production Average Number Employees							36	36
Profit Loss							379 943	1 278 836
Profit Loss On Ordinary Activities Before Tax							350 906	1 162 581
Property Plant Equipment Gross Cost		481 649	2 075 371	2 330 559	2 718 901	2 718 625	3 279 533	3 474 070
Provisions							223 139	308 801
Provisions For Liabilities Balance Sheet Subtotal		46 394	55 551	75 668	147 798	136 046	223 139	308 801
Purchase Property Plant Equipment							-138 363	-128 008
Revenue From Sale Goods							7 022 202	8 446 343
Selling Average Number Employees							24	24
Social Security Costs							142 146	140 859
Staff Costs Employee Benefits Expense							1 886 027	1 982 724
Taxation Social Security Payable		167 084	130 283	173 803	194 184	291 473	88 637	197 185
Tax Decrease From Utilisation Tax Losses							223 096	18 424
Tax Decrease Increase From Effect Tax Incentives							-166 585	-174 804
Tax Expense Credit Applicable Tax Rate							66 672	220 890
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit								-14 060
Tax Increase Decrease From Effect Capital Allowances Depreciation							-36 091	-2 959
Tax Tax Credit On Profit Or Loss On Ordinary Activities							-29 037	-116 255
Total Assets Less Current Liabilities	362 436	842 821	2 782 571	3 214 663	3 667 389	3 860 501	4 055 704	5 026 414
Total Borrowings		503 091	1 690 533	1 626 152	1 683 463	1 479 270	1 423 295	1 266 041
Total Deferred Tax Expense Credit							87 092	85 662
Total Operating Lease Payments							57 811	56 923
Trade Creditors Trade Payables		268 481	686 625	525 635	486 158	556 926	1 064 622	742 115
Trade Debtors Trade Receivables		690 689	891 384	934 666	1 008 373	913 031	1 257 904	1 226 841
Turnover Revenue							7 022 202	8 446 343
Wages Salaries							1 673 946	1 768 080
Work In Progress						677 178	702 371
Amount Specific Advance Or Credit Directors						18 906	15 322	56 189
Amount Specific Advance Or Credit Made In Period Directors							77 016	120 867
Amount Specific Advance Or Credit Repaid In Period Directors							-80 600	-80 000
Director Remuneration							17 648	17 688
Creditors Due After One Year	449 672
Creditors Due Within One Year	492 351
Fixed Assets	313 831
Number Shares Allotted	1 000
Value Shares Allotted	1 000

Company staff

Anita S.

Role: Secretary

Appointed: 24 October 2014

Latest update: 3 April 2024

Stanley B.

Role: Director

Appointed: 30 August 2014

Latest update: 3 April 2024

Robert L.

Role: Director

Appointed: 30 August 2014

Latest update: 3 April 2024

People with significant control

Executives who control the firm include: Robert L. has substantial control or influence over the company owns 1/2 or less of company shares and has 1/2 or less of voting rights. Stanley B. has substantial control or influence over the company owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Robert L.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

substantial control or influence

1/2 or less of shares

Stanley B.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

substantial control or influence

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	29 November 2023
Confirmation statement last made up date	15 November 2022

Annual Accounts 23 February 2016
Start Date For Period Covered By Report	2014-08-30
End Date For Period Covered By Report	2015-12-31
Date Approval Accounts	23 February 2016
Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	2017-12-31
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Principal Doorsets Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Anita S.

Stanley B.

Robert L.

People with significant control

Robert L.

Stanley B.

Accounts Documents

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