Priority Electrical Supplies Limited in Gillingham, ME8 0PR

Description

Data updated on: 01-11-2023

Priority Electrical Supplies Limited with reg. no. 03463251 has been competing in the field for twenty seven years. This Private Limited Company is located at 1 Crusader Close, Gillingham Business Park, Gillingham and their area code is ME8 0PR. Since 2003-11-24 Priority Electrical Supplies Limited is no longer under the business name Priority (kent). This firm's Standard Industrial Classification Code is 46900 and their NACE code stands for Non-specialised wholesale trade. May 31, 2022 is the last time when the company accounts were reported.

Simon F. is the enterprise's only director, that was selected to lead the company twenty seven years ago. The following company had been governed by Bernard W. till 2015. In addition another director, namely Julie H. quit on 1999-08-27. What is more, the managing director's duties are regularly backed by a secretary - Sarah F., who joined the following company in 2017.

Previous company's names
Priority Electrical Supplies Limited 2003-11-24
Priority (kent) Limited 1997-11-11

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31
Currency
Net Worth	112 218	137 967	190 723	220 753	245 314

Balance Sheet
Cash Bank In Hand	39 860	55 327	63 398	72 905	96 126
Cash Bank On Hand					96 126	43 895	76 276	80 704	148 121	128 413	105 955
Current Assets	319 789	345 122	403 642	421 836	395 025	302 030	343 703	358 710	353 796	381 962	387 590
Debtors	165 099	160 045	195 094	205 281	195 614	167 970	179 875	198 472	125 515	133 462	181 546
Net Assets Liabilities					245 314	193 603	180 958	195 343	199 315	200 291	184 168
Net Assets Liabilities Including Pension Asset Liability	112 218	137 967	190 723	220 753	245 314
Other Debtors					39 925	48 177	21 062	34 715	40 102	59 214	79 334
Property Plant Equipment					29 792	27 203	19 560	8 264	13 635	14 314	8 161
Stocks Inventory	114 830	129 750	145 150	143 650	103 285
Tangible Fixed Assets	32 697	30 367	29 188	22 168	29 792
Total Inventories					103 285	90 165	87 552	79 534	80 160	120 087	100 089

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	112 118	137 867	190 623	220 653	245 214
Shareholder Funds	112 218	137 967	190 723	220 753	245 314

Other Financial Data
Amount Specific Advance Or Credit Directors				3 524	17 390	28 677	10 373	26 684	37 290	23 682	37 176
Amount Specific Advance Or Credit Made In Period Directors					28 972	68 741	22 990	22 183	37 199	33 675	23 506
Amount Specific Advance Or Credit Repaid In Period Directors					8 058	57 454	62 040	38 494	47 805	20 067	37 000
Accumulated Amortisation Impairment Intangible Assets						1 774	3 548	5 322	7 097	7 097
Accumulated Depreciation Impairment Property Plant Equipment					78 260	95 075	96 511	108 650	105 486	113 674	119 624
Average Number Employees During Period					6	8	8	6	7	7	6
Creditors					175 911	138 488	184 849	173 406	49 219	40 515	30 765
Creditors Due Within One Year	235 649	232 716	236 501	219 016	175 911
Disposals Decrease In Depreciation Impairment Property Plant Equipment							13 062		9 522		203
Disposals Property Plant Equipment							13 702		12 696		203
Fixed Assets					29 792	32 526	23 109	10 039	13 635	14 314	8 161
Increase From Amortisation Charge For Year Intangible Assets						1 774	1 774	1 774	1 775
Increase From Depreciation Charge For Year Property Plant Equipment						16 815	14 498	12 139	6 358	8 188	6 153
Intangible Assets						5 323	3 549	1 775
Intangible Assets Gross Cost						7 097	7 097	7 097	7 097	7 097
Net Current Assets Liabilities	84 140	112 406	167 141	202 820	219 114	163 542	158 854	185 304	234 899	226 769	206 772
Number Shares Allotted		100	100	100	100
Other Creditors					37 124	25 457	32 822	42 760	53 947	36 263	54 634
Other Taxation Social Security Payable					27 596	6 792	21 835	17 461	17 971	10 008	8 179
Par Value Share		1	1	1	1
Property Plant Equipment Gross Cost					108 052	122 278	116 071	116 914	119 121	127 988	127 785
Provisions For Liabilities Balance Sheet Subtotal					3 592	2 465	1 005			277
Provisions For Liabilities Charges	4 619	4 806	5 606	4 235	3 592
Share Capital Allotted Called Up Paid	100	100	100	100	100
Tangible Fixed Assets Additions		18 156	14 995	9 173	19 613
Tangible Fixed Assets Cost Or Valuation	77 849	90 510	91 010	99 534	108 052
Tangible Fixed Assets Depreciation	45 152	60 143	61 822	77 366	78 260
Tangible Fixed Assets Depreciation Charged In Period		19 112	16 174	16 193	11 989
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		4 121	14 495	649	11 095
Tangible Fixed Assets Disposals		5 495	14 495	649	11 095
Total Additions Including From Business Combinations Intangible Assets						7 097
Total Additions Including From Business Combinations Property Plant Equipment						14 226	7 495	843	14 903	8 867
Total Assets Less Current Liabilities	116 837	142 773	196 329	224 988	248 906	196 068	181 963	195 343	248 534	241 083	214 933
Trade Creditors Trade Payables					111 191	106 239	130 192	113 185	46 198	99 437	108 259
Trade Debtors Trade Receivables					155 689	119 793	158 813	163 757	85 413	74 248	102 212
Advances Credits Directors			10 612	3 524	17 390
Advances Credits Made In Period Directors				45 820
Advances Credits Repaid In Period Directors				38 732
Bank Borrowings Overdrafts									49 219	40 515	30 765