Product Approvals Ltd in Telford, TF3 3BD

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www.productapprovals.co.uk

Description

Data updated on: 01-11-2023

Product Approvals Ltd can be found at Unit C2, Coalport House Stafford Court, Stafford Park 1 in Telford. The firm zip code is TF3 3BD. Product Approvals has been present on the British market since the company was registered on 2006-01-20. The firm reg. no. is 05682150. The company's declared SIC number is 74909, that means Other professional, scientific and technical activities not elsewhere classified. The business most recent accounts describe the period up to 2022-05-31 and the most recent annual confirmation statement was filed on 2023-01-21.

At the moment, the directors appointed by the limited company are as follow: Mark L. assigned to lead the company in 2012 and John S. assigned to lead the company 18 years ago.

Executives who control the firm include: Mark L. owns 1/2 or less of company shares. John S. owns over 1/2 to 3/4 of company shares .

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-05-31	2012-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency
Net Worth	1 551	16 435

Balance Sheet
Cash Bank On Hand			159 640	43 805	16 542	28 024
Current Assets	23 648	41 826	221 164	170 263	156 243	249 713
Debtors	18 772	29 961	61 524	126 458	139 701	221 689
Net Assets Liabilities			35 943	46 975	14 526	18 578
Other Debtors			1 806	3 246	15 932	12 525
Property Plant Equipment			78 326	59 280	45 688	34 415
Cash Bank In Hand	4 876	11 865
Net Assets Liabilities Including Pension Asset Liability	1 551	16 435
Tangible Fixed Assets	2 292	22 279

Capital & Reserves
Called Up Share Capital	1	1
Profit Loss Account Reserve	1 550	16 434
Shareholder Funds	1 551	16 435

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets				4 341	13 025	21 709
Accumulated Depreciation Impairment Property Plant Equipment			115 210	134 798	149 855	161 318
Amounts Owed By Related Parties				44 271	40 250	9 350
Amounts Owed To Group Undertakings				1	1	52 922
Average Number Employees During Period			8	9	11	10
Bank Borrowings Overdrafts			50 000	120 042	126 195	77 512
Corporation Tax Payable			23 728		1	20 094
Corporation Tax Recoverable				24 543	15 708	15 707
Creditors			63 986	120 042	126 195	77 512
Fixed Assets	2 292	22 279	78 326	107 133	84 857	64 900
Future Minimum Lease Payments Under Non-cancellable Operating Leases				33 179	26 318	27 984
Increase From Amortisation Charge For Year Intangible Assets				4 341	8 684	8 684
Increase From Depreciation Charge For Year Property Plant Equipment				19 588	15 057	11 463
Intangible Assets				47 752	39 068	30 384
Intangible Assets Gross Cost				52 093	52 093
Investments Fixed Assets				101	101	101
Investments In Group Undertakings Participating Interests				101	101	101
Net Current Assets Liabilities	-282	11 032	36 352	71 143	64 545	37 729
Other Creditors			13 986	20 042	33 682	82 012
Other Disposals Property Plant Equipment					21
Other Taxation Social Security Payable			48 672	51 659	24 535	26 087
Property Plant Equipment Gross Cost			193 536	194 078	195 543	195 733
Provisions For Liabilities Balance Sheet Subtotal			14 749	11 259	8 681	6 539
Total Additions Including From Business Combinations Property Plant Equipment				542	1 486	190
Total Assets Less Current Liabilities	2 010	33 311	114 678	178 276	149 402	102 629
Trade Creditors Trade Payables			6 526	13 460	19 521	16 911
Trade Debtors Trade Receivables			59 718	54 398	67 811	184 107
Creditors Due After One Year		16 443
Creditors Due Within One Year	23 930	30 794
Number Shares Allotted		1
Par Value Share		1
Provisions For Liabilities Charges	459	433
Share Capital Allotted Called Up Paid	1	1
Tangible Fixed Assets Additions		27 383
Tangible Fixed Assets Cost Or Valuation	3 473	30 856
Tangible Fixed Assets Depreciation	1 181	8 577
Tangible Fixed Assets Depreciation Charged In Period		7 396