Professional Freight Solutions Limited in Witham, CM8 3DR

Description

Data updated on: 01-11-2023

Professional Freight Solutions Limited with Companies House Reg No. 06995615 has been a part of the business world for fifteen years. This Private Limited Company can be reached at Simarco House, Crittall Road in Witham and company's post code is CM8 3DR. This firm's classified under the NACE and SIC code 49410 which stands for Freight transport by road. The latest accounts describe the period up to 2022-08-31 and the most recent annual confirmation statement was released on 2023-08-19.

As mentioned in this specific firm's executives data, since 2023-03-31 there have been three directors: Trevor S., Simon R. and Jason W..

The companies that control this firm include: Simarco International Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Witham at Crittall Road, CM8 3DR and was registered as a PSC under the registration number 03341900.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-12-31
Currency

Balance Sheet
Cash Bank On Hand	1 803 674	2 096 567	1 552 206	2 519 468	4 777 673	2 143 497
Current Assets	2 324 422	2 717 780	3 308 393	6 476 669	8 278 483	8 836 412
Debtors	520 748	621 213	756 187	2 812 370	2 432 841	6 692 915
Net Assets Liabilities	1 108 975	1 459 094	1 887 177	3 437 590	5 382 644	7 447 976
Other Debtors	48 630	42 553	102 520	784 272	116 913	57 374
Property Plant Equipment	11 529	13 346	19 717	36 154	34 456	26 661

Other Financial Data
Audit Fees Expenses					7 850	13 500
Accrued Liabilities Deferred Income				279 347	521 283	142 613
Accumulated Depreciation Impairment Property Plant Equipment	8 499	10 527	12 671	16 980	18 125	20 896
Additions Other Than Through Business Combinations Property Plant Equipment					6 411	163
Administrative Expenses				603 816	978 049	1 373 871
Amounts Owed By Group Undertakings						5 636 795
Average Number Employees During Period		12	13	20	25	22
Cash Cash Equivalents Cash Flow Value			1 552 206	2 519 468	4 777 673
Cash Receipts From Sales Interests In Associates				-187
Corporation Tax Payable	87 004	124 929	137 564	393 241	249 249	182 325
Cost Sales				10 895 613	15 176 401	10 001 499
Creditors	1 225 016	1 270 100	1 437 511	3 067 743	2 923 107	1 408 432
Current Asset Investments			1 000 000	1 144 831	1 067 969
Current Tax For Period				393 241	500 249	641 926
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				4 068	-302	-523
Depreciation Expense Property Plant Equipment				4 309	6 499
Depreciation Impairment Expense Property Plant Equipment				4 309	6 499
Dividends Paid				277 950	280 870	164 000
Dividends Paid Classified As Financing Activities				-277 950	-280 870
Dividends Paid On Shares Final					280 870	164 000
Dividends Paid On Shares Interim				277 950	280 870
Further Item Tax Increase Decrease Component Adjusting Items				30	38	1 033
Future Minimum Lease Payments Under Non-cancellable Operating Leases	45 692	36 079	26 467	54 414	44 420	42 029
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				188 561	-29 646	24 879
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				-1 374 555	644
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				2 056 370	-379 529
Gain Loss On Disposals Property Plant Equipment					-1 610
Government Grant Income				157 203	443
Gross Profit Loss				2 660 724	3 683 376
Income Taxes Paid Refund Classified As Operating Activities				-137 564	-644 241
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				-967 262	-2 258 205
Increase From Depreciation Charge For Year Property Plant Equipment		2 028	2 144	4 309	6 499	4 616
Interest Income On Bank Deposits				7 309	18 412	136 551
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss				7 309	18 412
Interest Received Classified As Investing Activities				-7 309	-18 412
Investments				1 144 831	1 067 969
Issue Equity Instruments					26
Key Management Personnel Compensation Total				115 677	114 980
Net Cash Generated From Operations				-1 540 857	-3 094 427
Net Current Assets Liabilities	1 099 406	1 447 680	1 870 882	3 408 926	5 355 376	7 427 980
Net Finance Income Costs				7 309	18 412
Operating Profit Loss				2 218 363	2 707 433
Other Creditors	719 751	703 506	789 792	503 246	790 786	626 335
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					5 354	1 845
Other Disposals Property Plant Equipment					6 964	5 187
Other Interest Receivable Similar Income Finance Income				7 309	18 412	136 551
Other Investments Other Than Loans			1 000 000	1 144 831
Other Operating Income Format1				161 455	2 106	1 558
Other Taxation Social Security Payable			137 564	393 241
Pension Other Post-employment Benefit Costs Other Pension Costs				86 868	88 684	120 395
Prepayments Accrued Income				688 271	260 368	84 334
Proceeds From Issuing Shares					-26
Proceeds From Sales Or Maturity Financial Assets Held For Trading Trading Investments				144 831	-76 862
Profit Loss				1 828 363	2 225 898	2 229 332
Profit Loss On Ordinary Activities Before Tax				2 225 672	2 725 845	2 870 735
Property Plant Equipment Gross Cost	20 028	23 873	32 388	53 134	52 581	47 557
Provisions For Liabilities Balance Sheet Subtotal	1 960	1 932	3 422	7 490
Purchase Property Plant Equipment				-20 746	-6 411
Social Security Costs				37 861	51 354
Staff Costs Employee Benefits Expense				603 418	771 235	1 065 022
Taxation Including Deferred Taxation Balance Sheet Subtotal				7 490	7 188	6 665
Tax Expense Credit Applicable Tax Rate				422 878	517 911	642 758
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings				1 798	43
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				-26 954	-17 564	4 292
Tax Tax Credit On Profit Or Loss On Ordinary Activities				397 309	499 947	641 403
Total Additions Including From Business Combinations Property Plant Equipment		3 845	8 515	20 746
Total Assets Less Current Liabilities	1 110 935	1 461 026	1 890 599	3 445 080	5 389 832	7 454 641
Total Operating Lease Payments				51 803	36 851
Trade Creditors Trade Payables	418 261	441 665	510 155	1 891 909	1 361 789	457 159
Trade Debtors Trade Receivables	472 118	578 660	653 667	2 028 098	2 055 560	914 412
Turnover Revenue				13 556 337	18 859 777
Wages Salaries				478 689	631 197	883 651
Company Contributions To Defined Benefit Plans Directors				80 000	80 000
Director Remuneration				35 676	34 980	23 825
Director Remuneration Benefits Including Payments To Third Parties				115 676	114 980	68 825

Company staff

Trevor S.

Role: Director

Appointed: 31 March 2023

Latest update: 21 March 2024

Simon R.

Role: Director

Appointed: 31 March 2023

Latest update: 21 March 2024

Jason W.

Role: Director

Appointed: 19 August 2009

Latest update: 21 March 2024

People with significant control

Simarco International Limited

Address: Simarco House Crittall Road, Witham, CM8 3DR, England

Legal authority Companies Act 1985

Legal form Private Limited Company

Country registered United Kingdom

Place registered England And Wales

Registration number 03341900

Notified on 31 March 2023

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Helena W.

Notified on 6 April 2016

Ceased on 31 March 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Jason W.

Notified on 6 April 2016

Ceased on 31 March 2023

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 August 2022
Confirmation statement next due date	02 September 2024
Confirmation statement last made up date	19 August 2023

Annual Accounts
Start Date For Period Covered By Report	2018-09-01
End Date For Period Covered By Report	2019-08-31
Annual Accounts
Start Date For Period Covered By Report	2019-09-01
End Date For Period Covered By Report	2020-08-31
Annual Accounts
Start Date For Period Covered By Report	2020-09-01
End Date For Period Covered By Report	2021-08-31
Annual Accounts
Start Date For Period Covered By Report	2021-09-01
End Date For Period Covered By Report	2022-08-31
Annual Accounts
Start Date For Period Covered By Report	2022-09-01
End Date For Period Covered By Report	2023-12-31

Professional Freight Solutions Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Trevor S.

Simon R.

Jason W.

Helena W.

People with significant control

Simarco International Limited

Helena W.

Jason W.

Accounts Documents

Company filings

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