Propak Sheet Metal Limited in Stevenage, SG1 2BH

Description

Data updated on: 01-11-2023

Registered with number 01328169 fourty seven years ago, Propak Sheet Metal Limited is categorised as a Private Limited Company. The official office address is Unit 1 Gunnels Wood Park, Gunnels Wood Road Stevenage. This business's principal business activity number is 25990, that means Manufacture of other fabricated metal products n.e.c.. The latest filed accounts documents were submitted for the period up to 2022-08-31 and the most current annual confirmation statement was filed on 2023-08-31.

Propak Sheet Metal Ltd is a small-sized vehicle operator with the licence number OF0213687. The firm has one transport operating centre in the country. In their subsidiary in Stevenage on Gunnels Wood Road, 4 machines are available.

Having four recruitment advert since Monday 11th August 2014, the enterprise has been an active employer on the employment market. On Monday 7th November 2016, it started searching for new employees for a full time Sheet Metal Inspector position in Stevenage, and on Monday 11th August 2014, for the vacant position of a full time 7.5 Tonne Lorry Driver - PAYE Permanent Position in Stevenage. They employ applicants on such positions as: Machine Shop Inspector and Sheet Metal Workers.

There is a group of five directors managing this specific business right now, namely Mark B., Robert M., Kevin D. and 2 other members of the Management Board who might be found within the Company Staff section of this page who have been executing the directors duties since 2023.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31
Currency

Balance Sheet
Cash Bank On Hand	1 742 777	2 705 689	3 378 875	3 336 015	4 811 415	4 939 359	4 771 926
Current Assets	4 251 950	4 685 174	5 808 645	6 792 699	7 467 753	7 644 683	8 072 370
Debtors	1 912 507	1 560 590	1 835 503	2 647 443	1 822 735	1 962 825	1 935 238
Net Assets Liabilities	2 836 703	3 180 824	4 015 928	5 266 726	5 638 204	5 932 393	5 856 345
Other Debtors	159 069	64 357		500	35 354
Property Plant Equipment	652 670	406 803	448 194	397 190	428 036	433 041	402 822
Total Inventories	596 666	418 895	594 267	809 241	833 603	742 499	1 365 206

Other Financial Data
Audit Fees Expenses	16 000	16 000	16 000	16 000	16 000	16 000	16 000
Fees For Non-audit Services	13 445	13 945
Company Contributions To Money Purchase Plans Directors	5 168	5 217	3 183	3 423	3 715	5 059	5 043
Director Remuneration	258 204	278 606	276 355	269 417	1 014 842	342 121	517 463
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3	2	2	2	2	2
Accrued Liabilities Deferred Income	141 275	181 194	121 535	128 864	118 940	158 767	158 767
Accumulated Depreciation Impairment Property Plant Equipment	2 522 657	2 683 615	2 766 375	2 500 448	2 631 114	2 716 493	2 780 127
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss				-6 156	15 389	21 155
Administrative Expenses	1 466 979	1 293 901	1 368 743	1 743 404	3 016 216	2 039 070	2 930 006
Applicable Tax Rate	20	19	19	19	19	19	19
Average Number Employees During Period	85	87	92	99	102	102	94
Cash Cash Equivalents Cash Flow Value	1 742 777			3 336 015	4 811 415	4 939 359
Comprehensive Income Expense	430 627	574 121	970 157	1 250 798	398 977	294 189	1 113 632
Corporation Tax Payable	79 008	3 198	70 020	135 915	80 754	54 857	223 170
Cost Sales	5 407 985	5 753 351	6 159 105	6 854 144	7 287 933	6 181 720	6 310 609
Creditors	11 595	1 053 516	87 309	1 066 271	1 385 304	1 251 895	1 731 560
Current Tax For Period	79 008	78 198	170 020	177 647	80 754	54 857	223 170
Deferred Tax Liabilities	37 131	12 137	17 548	11 392	26 781	47 936	41 787
Depreciation Amortisation Expense	223 165	208 409	213 190	214 813	137 713	134 574	147 692
Depreciation Expense Property Plant Equipment	209 948	208 409	200 579	190 379	137 713	134 574	147 692
Disposals Decrease In Depreciation Impairment Property Plant Equipment		47 451	130 430	480 740	7 047	49 195	84 058
Disposals Property Plant Equipment		91 105	146 627	480 740	30 750	133 887	86 594
Dividends Paid	514 000	230 000	135 053		27 500		1 189 680
Dividends Paid Classified As Financing Activities	-514 000	-230 000	-135 053		-27 500		-1 189 680
Dividends Paid On Shares Final	514 000	230 000	135 053		27 500
Finance Lease Liabilities Present Value Total	11 595		87 309
Finished Goods	269 589	136 506	152 095	162 886	191 018	232 408	400 847
Further Operating Expense Item Component Total Operating Expenses	504 469	389 610	471 563	450 212	443 312	417 323	557 438
Future Minimum Lease Payments Under Non-cancellable Operating Leases	379 686	379 686	379 686	379 686	126 562	506 247	506 247
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	263 052	-30 356	122 807	-301 207	432 694	-107 512	311 352
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-205 131	351 917	-274 913	-811 940	824 708	-140 090	27 587
Gain Loss On Disposal Assets Income Statement Subtotal	8 750	1 346	10 702		-2 491	25 078	31 484
Gain Loss On Disposals Property Plant Equipment	8 750	1 346	10 702		-2 491	25 078	31 484
Gross Profit Loss	1 817 442	1 856 001	2 509 906	3 121 034	3 379 797	2 065 700	3 895 849
Income Taxes Paid Refund Classified As Operating Activities	-96 028	-90 054	-103 198	-75 000	-280 060	-80 754	-54 857
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-314 548	962 912	673 186	-42 860	1 475 400	127 944	-167 433
Increase Decrease In Property Plant Equipment			100 120
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	15 660	-177 771	175 372	214 974	24 362	-91 104	622 707
Increase From Depreciation Charge For Year Property Plant Equipment		208 409	213 190	214 813	137 713	134 574	147 692
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	10 927	131	508	7 412
Interest Payable Similar Charges Finance Costs	10 927	131	508	7 412
Net Cash Flows From Used In Financing Activities	725 554	255 604	335	76 280	86 000		1 189 680
Net Cash Flows From Used In Investing Activities	89 178	-40 206	238 946	148 490	160 743	114 501	84 220
Net Cash Flows From Used In Operating Activities	-500 184	-1 178 310	-912 467	-181 910	-1 722 143	-242 445	-1 106 467
Net Cash Generated From Operations	-607 139	-1 268 495	-1 016 173	-264 322	-1 858 058	-323 199	-964 481
Net Current Assets Liabilities	3 078 259	3 631 658	4 518 091	5 726 428	6 082 449	6 392 788	6 340 810
Net Interest Received Paid Classified As Investing Activities	-4 205	-1 402	-4 933	-15 319	-10 307		-1 769
Number Shares Issued Fully Paid		50 000	50 000	50 000	50 000	50 000	50 000
Operating Profit Loss	350 463	562 100	1 141 163	1 377 630	484 813	370 201	1 132 041
Other Creditors	83 840	75 214	17 609	26 108	19 235
Other Deferred Tax Expense Credit	-6 825	-24 994	5 411	-6 156	15 389	21 155	-6 149
Other Interest Receivable Similar Income Finance Income	4 205	1 402	4 933	15 833	10 307		1 769
Other Taxation Social Security Payable	304 511	400 631	554 968	372 080	943 131	217 390	113 028
Par Value Share		1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-211 554	-25 604	134 718	-134 718
Pension Other Post-employment Benefit Costs Other Pension Costs	369 306	75 832	134 773	163 302	170 413	163 691	192 605
Prepayments Accrued Income	30 720	112 594	38 150	264 187	301 153	434 902	530 406
Proceeds From Sales Property Plant Equipment	-8 750	-45 000	-26 899		-21 212	-109 770	-34 020
Profit Loss	430 627	574 121	970 157	1 250 798	398 978	294 189	1 113 632
Profit Loss On Ordinary Activities Before Tax	343 741	563 371	1 145 588	1 386 051	495 121	370 201	1 133 810
Property Plant Equipment Gross Cost	3 175 327	3 090 418	3 214 569	2 897 638	3 059 150	3 149 534	3 182 949
Provisions	882 631	857 637	863 048	856 892	872 281	893 436	887 287
Provisions For Liabilities Balance Sheet Subtotal	882 631	857 637	863 048	856 892	872 281	893 436	887 287
Purchase Property Plant Equipment	-102 133	-6 196	-270 778	-163 809	-192 262	-224 271	-120 009
Raw Materials	65 985	84 540	88 456	110 953	68 436	215 438	351 605
Social Security Costs	317 425	339 112	372 048	439 161	601 339	450 749	567 427
Staff Costs Employee Benefits Expense	3 657 388	3 599 886	4 010 759	4 617 199	5 982 092	4 686 924	5 537 276
Tax Expense Credit Applicable Tax Rate	68 748	107 040	217 662	263 350	94 073	70 338	215 424
Tax Increase Decrease From Effect Capital Allowances Depreciation	4 871	24 994			-14 522	-17 689	6 057
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	5 389	6 205	5 269	11 895	1 203	2 208	1 689
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-86 886	-10 750	175 431	135 253	96 143	76 012	20 178
Total Additions Including From Business Combinations Property Plant Equipment		6 196	270 778	163 809	192 262	224 271	120 009
Total Assets Less Current Liabilities	3 730 929	4 038 461	4 966 285	6 123 618	6 510 485	6 825 829	6 743 632
Total Current Tax Expense Credit	-80 061	14 244	170 020	141 409	80 754	54 857	26 327
Total Operating Lease Payments	33 073	35 923	33 311	39 809	36 840	33 701	40 143
Trade Creditors Trade Payables	550 840	393 062	478 796	344 649	223 090	534 905	730 156
Trade Debtors Trade Receivables	1 269 629	1 367 639	1 787 353	1 808 743	1 281 582	1 181 924	1 292 164
Turnover Revenue	7 225 427	7 609 352	8 669 011	9 975 178	10 667 730	8 247 420	10 206 458
Wages Salaries	2 970 657	3 184 942	3 503 938	4 014 736	5 210 340	4 072 484	4 777 244
Work In Progress	261 092	197 849	353 716	535 402	574 149	294 653	612 754
Additional Provisions Increase From New Provisions Recognised							-6 149
Capital Commitments							857 768
Dividends Paid On Shares Interim					27 500		1 189 680
Further Item Cash Flow From Used In Operating Activities Component Total Net Cash Flows From Used In Operating Activities					144 145		196 843
Other Operating Income Format1					121 233	343 571	166 198