Proline Corporation Limited in Bootle, L20 7EP

Description

Data updated on: 01-11-2023

This particular Proline Corporation Limited business has been operating in this business for twenty two years, as it's been founded in 2002. Registered with number 04555028, Proline Corporation is a Private Limited Company with office in Oriel House, Bootle L20 7EP. This business's SIC code is 46499 : Wholesale of household goods (other than musical instruments) n.e.c.. Its most recent financial reports describe the period up to 2022-03-31 and the most recent annual confirmation statement was released on 2023-10-07.

Considering this particular company's number of employees, it became unavoidable to find additional executives: Michael B., Simon B. and Peter C. who have been participating in joint efforts for fourteen years to fulfil their statutory duties for this specific firm. In order to help the directors in their tasks, this firm has been utilizing the expertise of Simon B. as a secretary since August 2003.

Simon B. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP
Net Worth	2 325 624	1 007 700	2 033 048

Balance Sheet
Cash Bank In Hand	1 610 156	849 794	522 659
Current Assets	3 387 546	2 218 248	4 114 830	6 758 601	8 427 223
Debtors	1 698 124	1 277 628	3 513 602	6 111 442	7 114 380
Net Assets Liabilities Including Pension Asset Liability	2 325 624	1 007 700	2 033 048
Stocks Inventory	79 266	90 826	78 569
Tangible Fixed Assets	304 493	366 781	319 497
Cash Bank On Hand				535 350	1 212 012
Net Assets Liabilities				4 297 742	5 977 773
Other Debtors				3 883 807	4 713 807
Property Plant Equipment				141 763	145 428
Total Inventories				111 809	100 831

Capital & Reserves
Called Up Share Capital	100	350	350
Profit Loss Account Reserve	2 325 524	982 600	2 007 948
Shareholder Funds	2 325 624	1 007 700	2 033 048

Other Financial Data
Audit Fees Expenses				7 035	7 390
Amount Specific Advance Or Credit Directors				20 974	6 274
Amount Specific Advance Or Credit Made In Period Directors				8 053	6 300
Amount Specific Advance Or Credit Repaid In Period Directors				2 039	21 000
Company Contributions To Money Purchase Plans Directors				277	160 838
Director Remuneration				30 714	37 364
Dividend Recommended By Directors					256 200
Number Directors Accruing Benefits Under Money Purchase Scheme				1	2
Creditors Due After One Year	133 333	187 549	120 630
Creditors Due Within One Year	1 203 843	1 389 780	2 246 421
Net Current Assets Liabilities	2 183 703	828 468	1 868 409	4 185 021	5 867 838
Number Shares Allotted		250	2 500 000
Par Value Share		1	1		1
Provisions For Liabilities Charges	29 239		34 228
Secured Debts	173 333	254 468	187 549
Share Capital Allotted Called Up Paid	100	250	100
Share Premium Account		24 750	24 750
Tangible Fixed Assets Additions		157 030	51 944
Tangible Fixed Assets Cost Or Valuation	602 854	759 884	771 737
Tangible Fixed Assets Depreciation	298 361	393 103	452 240
Tangible Fixed Assets Depreciation Charged In Period		94 742	76 850
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			17 713
Tangible Fixed Assets Disposals			40 091
Total Assets Less Current Liabilities	2 488 196	1 195 249	2 187 906	4 326 784	6 013 266
Value Shares Allotted		250	250
Accrued Liabilities				258 709	250 681
Accumulated Depreciation Impairment Property Plant Equipment				786 366	574 733
Additional Provisions Increase From New Provisions Recognised					6 451
Administrative Expenses				880 851	1 299 017
Applicable Tax Rate				19	19
Average Number Employees During Period				59	65
Cash Cash Equivalents Cash Flow Value				535 350
Comprehensive Income Expense				361 706	1 936 231
Corporation Tax Payable					326 979
Corporation Tax Recoverable				120 856
Cost Sales				5 792 279	6 651 907
Creditors				2 573 580	2 559 385
Current Tax For Period				92 995	426 070
Deferred Tax Liabilities				29 042	35 493
Depreciation Amortisation Expense				38 190	33 528
Depreciation Expense Property Plant Equipment				38 190	33 528
Disposals Decrease In Depreciation Impairment Property Plant Equipment					245 161
Disposals Property Plant Equipment					280 764
Dividends Paid				176 000	256 200
Dividends Paid Classified As Financing Activities				-176 000	-219 200
Dividends Paid On Shares Interim				176 000	256 200
Future Minimum Lease Payments Under Non-cancellable Operating Leases				4 234	32 427
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				154 475	-343 834
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-495 315	-1 153 926
Gain Loss On Disposal Assets Income Statement Subtotal					-14 222
Gain Loss On Disposals Property Plant Equipment					-14 222
Gross Profit Loss				1 325 583	3 559 264
Income Taxes Paid Refund Classified As Operating Activities				-260 827	120 456
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				-942 075	676 662
Increase Decrease In Current Tax From Adjustment For Prior Periods				-7 500	-96 637
Increase Decrease In Stocks Inventories Finished Goods Work In Progress				-12 847	-10 978
Increase From Depreciation Charge For Year Property Plant Equipment					33 528
Loans Owed By Related Parties				3 883 807	4 713 807
Loans Owed To Related Parties					-2 660
Merchandise				74 103	66 826
Net Cash Flows From Used In Financing Activities				830 955	223 408
Net Cash Flows From Used In Investing Activities				14 215	49 805
Net Cash Flows From Used In Operating Activities				96 905	-949 875
Net Cash Generated From Operations				-163 922	-829 419
Net Interest Received Paid Classified As Investing Activities					-1 610
Number Shares Issued But Not Fully Paid					2 500 000
Number Shares Issued Fully Paid					100
Operating Profit Loss				453 725	2 268 451
Other Creditors				1 456 214	1 428 519
Other Deferred Tax Expense Credit				3 482	6 451
Other Interest Receivable Similar Income Finance Income					1 610
Other Operating Income Format1				8 993	8 204
Other Taxation Social Security Payable				66 826	67 110
Pension Other Post-employment Benefit Costs Other Pension Costs				166 641	359 584
Prepayments				46 263	72 462
Proceeds From Sales Property Plant Equipment					-21 381
Profit Loss				361 706	1 936 231
Profit Loss On Ordinary Activities Before Tax				453 725	2 270 061
Property Plant Equipment Gross Cost				928 129	720 161
Provisions				29 042	35 493
Provisions For Liabilities Balance Sheet Subtotal				29 042	35 493
Purchase Property Plant Equipment				-14 215	-72 796
Recoverable Value-added Tax				69 422	95 271
Social Security Costs				236 957	301 473
Staff Costs Employee Benefits Expense				2 654 644	3 342 417
Tax Expense Credit Applicable Tax Rate				86 208	431 312
Tax Increase Decrease From Effect Capital Allowances Depreciation				2 678	-2 601
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				4 110	3 810
Tax Tax Credit On Profit Or Loss On Ordinary Activities				92 019	333 830
Total Additions Including From Business Combinations Property Plant Equipment					72 796
Total Current Tax Expense Credit				88 537	327 379
Total Operating Lease Payments				9 387	7 932
Trade Creditors Trade Payables				791 831	483 436
Trade Debtors Trade Receivables				1 954 688	2 226 566
Turnover Revenue				7 117 862	10 211 171
Wages Salaries				2 251 046	2 681 360
Work In Progress				37 706	34 005

Company staff

Michael B.

Role: Director

Appointed: 13 March 2010

Latest update: 20 March 2024

Simon B.

Role: Secretary

Appointed: 07 August 2003

Latest update: 20 March 2024