Profast Holdings Limited in Belfast, BT12 6GF

Description

Data updated on: 01-11-2023

Profast Holdings Limited 's been in the business for at least twenty nine years. Registered under the number NI030007 in the year 1995, it is registered at 26-30 Rydalmere Street, Belfast BT12 6GF. This firm's SIC code is 46740 - Wholesale of hardware, plumbing and heating equipment and supplies. The firm's latest annual accounts cover the period up to December 31, 2022 and the latest confirmation statement was released on September 15, 2023.

When it comes to this firm's directors directory, since October 1995 there have been two directors: Helen F. and Brendan F.. In order to support the directors in their duties, the abovementioned business has been using the skills of Joanne M. as a secretary since July 2019.

Brendan F. is the individual who has control over this firm, has substantial control or influence over the company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Debtors	3 729	3 729	3 729	3 729	3 729
Total Inventories			2 449 805	3 953 423

Other Financial Data
Accrued Liabilities Deferred Income	2 160	2 200	2 200	702 743	596 144
Accumulated Depreciation Impairment Property Plant Equipment			63 166	69 276	74 498
Additions Other Than Through Business Combinations Property Plant Equipment				6 924	27 813
Administrative Expenses			3 173 023	3 723 602	4 363 558
Amounts Owed To Group Undertakings	103 745	102 862	102 004	101 645	104 095
Bank Borrowings			1 000 000		38 889
Bank Borrowings Overdrafts			432 013	146 699	102 439
Bank Overdrafts			140 347	146 699	91 381
Bills Exchange Payable			409 127	558 172	576 006
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment			47 430	30 680	40 853
Cash Cash Equivalents		-297 164	899 293	411 283	518 079
Comprehensive Income Expense			463 851	893 531	846 088
Corporation Tax Payable			32 096	185 074	1 731
Corporation Tax Recoverable				30 168
Cost Sales			9 461 359	12 204 649	14 869 090
Creditors	114 239	113 396	112 538	112 502	114 952
Current Tax For Period			32 096	185 074	104 442
Deferred Income			44 306	42 086	39 886
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			15 273	14 593	15 991
Distribution Costs			221 158	242 686	377 613
Dividend Declared Payable			75 686	81 613	81 613
Finance Lease Liabilities Present Value Total			26 859	16 406	22 533
Finance Lease Payments Owing Minimum Gross			13 687	10 453	18 234
Finished Goods Goods For Resale			2 449 805	3 953 423	4 280 803
Foreign Exchange Differences Increase Decrease In Depreciation Impairment Property Plant Equipment				513	410
Further Item Cash Flow From Used In Investing Activities Component Net Cash Flows From Used In Investing Activities	-3 083	-3 083
Further Item Tax Increase Decrease Component Adjusting Items			-41 282	-2 750	-8 888
Gain Loss Due To Foreign Exchange Differences Before Tax In Other Comprehensive Income			64 359	-85 751	85 126
Gain Loss On Disposals Property Plant Equipment			7 033
Government Grant Income			275 728	23 126
Gross Profit Loss			3 610 219	5 180 727
Income Taxes Paid Refund Classified As Operating Activities			9 153	-62 264	-257 401
Increase Decrease From Foreign Exchange Differences Property Plant Equipment				2 710	1 232
Increase Decrease In Cash Cash Equivalents From Foreign Exchange Differences				-21 088	11 978
Increase Decrease In Current Tax Due To Changes In Accounting Policies Errors			-380
Increase Decrease In Current Tax From Adjustment For Prior Periods			-380		-216
Increase From Depreciation Charge For Year Property Plant Equipment				7 064	8 152
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings			3 054	13 763
Interest Expense On Convertible Borrowings			2 233	1 903	3 650
Interest Expense On Debt Securities In Issue Other Similar Loans			38 390	41 176	69 057
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			1 608	1 774
Interest Paid Classified As Operating Activities			-43 300	-56 751	-87 367
Interest Payable Similar Charges Finance Costs			45 285	58 616	94 575
Investments Fixed Assets	116 363	116 363	116 363	116 363	116 363
Investments In Subsidiaries	116 363	116 363	116 363	116 363	116 363
Loans From Other Related Parties Other Than Directors			177 000	177 000	133 750
Net Cash Generated From Operations			3 083	3 083	-591 556
Net Current Assets Liabilities	-110 510	-109 667	-108 809
Net Finance Income Costs	3 083	3 083	3 083	3 083
Operating Profit Loss			491 766	1 237 565
Other Cash Inflow Outflow Classified As Investing Activities		-3 083	-3 083	-3 083
Other Creditors	8 334	8 334	149 316	1 440 906	1 630 782
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				1 467	2 930
Other Disposals Property Plant Equipment				1 467	2 930
Other Remaining Borrowings			177 000	177 000	133 750
Pension Other Post-employment Benefit Costs Other Pension Costs			204 095	224 560	262 116
Percentage Class Share Held In Subsidiary		75	75	70
Prepayments Accrued Income	3 729	3 729	115 023	218 181	391 275
Profit Loss	863	843	858	36	760 962
Profit Loss On Ordinary Activities Before Tax			446 481	1 178 949
Property Plant Equipment Gross Cost			85 775	93 942	91 012
Social Security Costs			174 095	213 688
Staff Costs Employee Benefits Expense			2 414 445	2 839 161	3 331 681
Taxation Including Deferred Taxation Balance Sheet Subtotal			29 579	44 172	60 163
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			5 666	8 208	10 771
Tax Increase Decrease From Effect Foreign Tax Rates			-16 689	-34 236	-38 815
Tax Increase Decrease From Other Short-term Timing Differences			14 843
Tax Tax Credit On Profit Or Loss On Ordinary Activities			46 989	199 667	120 217
Total Assets Less Current Liabilities	5 853	6 696	7 554
Total Borrowings			1 018 140	881 871	812 195
Total Current Tax Expense Credit			31 716	185 074	104 226
Trade Creditors Trade Payables			1 419 189	1 465 051	1 850 810
Trade Debtors Trade Receivables			2 472 210	2 930 298	3 532 337
Turnover Revenue			13 071 578	17 385 376
Voting Power In Subsidiary If Different From Ownership Interest Percent		75
Wages Salaries			2 036 255	2 400 913	2 802 019

Company staff

Joanne M.

Role: Secretary

Appointed: 01 July 2019

Latest update: 9 April 2024

Helen F.

Role: Director

Appointed: 05 October 1995

Latest update: 9 April 2024

Brendan F.

Role: Director

Appointed: 05 October 1995

Latest update: 9 April 2024

Paul G.

Role: Secretary

Appointed: 24 May 2010

Resigned: 30 June 2019

Latest update: 9 April 2024

Frances O.

Role: Secretary

Appointed: 05 October 1995

Resigned: 24 May 2010

Latest update: 9 April 2024

Eric M.

Role: Director

Appointed: 05 October 1995

Resigned: 01 February 2006

Latest update: 9 April 2024

Marie M.

Role: Director

Appointed: 05 October 1995

Resigned: 01 February 2006

Latest update: 9 April 2024

People with significant control

Brendan F.

Notified on 6 April 2016

Nature of control:

substantial control or influence

Accounts Documents

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

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

Profast Holdings Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Joanne M.

Helen F.

Brendan F.

Paul G.

Frances O.

Eric M.

Marie M.

People with significant control

Brendan F.

Accounts Documents

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