Q E D Scaffolding Limited in Merseyside, WA9 1HS

Description

Data updated on: 01-11-2023

Q E D Scaffolding began its operations in the year 1995 as a Private Limited Company under the following Company Registration No.: 03055531. This firm has been active for twenty nine years and it's currently active. The company's office is located in Merseyside at Lock Street. You can also locate the company utilizing the zip code of WA9 1HS. This enterprise's SIC and NACE codes are 96090 meaning Other service activities not elsewhere classified. Q E D Scaffolding Ltd reported its latest accounts for the period that ended on Thu, 31st Mar 2022. Its most recent confirmation statement was filed on Mon, 30th Jan 2023.

Q E D Scaffolding Ltd is a medium-sized vehicle operator with the licence number OC0288521. The firm has one transport operating centre in the country. In their subsidiary in St Helens on Lock Street, 14 machines are available.

With 23 recruitment advert since 2014-07-09, the company has been one of the most active firms on the job market. Recently, it was looking for job candidates in Saint Helens, Oldham and Manchester. They most frequentlyusually hire employers on a full time basis to work in Overtime mode. They search for applicants for such positions as: Driver/Labourer, Part II & Advanced Scaffolders and Class II Driver Labourer.

When it comes to this company, all of director's duties have so far been fulfilled by Michael W., Lynn E. and Brian E.. Within the group of these three executives, Brian E. has carried on with the company for the longest period of time, having become a vital addition to directors' team on 1995-05-12.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	712	697	5 679	1 000	3 165	706 708	784 386	1 033 588
Current Assets	1 019 206	843 914	902 740	1 133 078	864 368	1 699 511	2 189 978	1 983 481
Debtors	1 018 494	843 217	897 061	1 132 078	861 203	992 803	1 405 592	949 893
Net Assets Liabilities	2 580 255	3 258 071	2 548 752	2 896 484	3 146 303	3 875 512	4 795 812	5 391 647
Other Debtors	10 352	8 161	3 122	41 821	3 830	6 848	12 660	13 116
Property Plant Equipment	3 992 368	4 121 168	3 621 323	3 637 116	3 621 048	3 682 029	3 841 963	4 108 200

Other Financial Data
Audit Fees Expenses	5 000	6 000
Company Contributions To Money Purchase Plans Directors	57 960	6 000
Director Remuneration	110 151	43 979
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3
Amount Specific Advance Or Credit Directors					955	40 403	1 567
Amount Specific Advance Or Credit Made In Period Directors					955	41 289	4 165	69 931
Amount Specific Advance Or Credit Repaid In Period Directors						1 841	43 001	71 498
Accrued Liabilities	4 126	9 227			57 124	23 172	23 092	23 092
Accumulated Depreciation Impairment Property Plant Equipment	2 601 268	2 583 820	2 627 815	2 686 030	2 673 418	2 704 188	2 687 249	2 736 925
Additional Provisions Increase From New Provisions Recognised			43 736	84 488
Administrative Expenses	1 526 831	1 307 845
Amounts Owed By Associates		68 236	134 409	200 582
Average Number Employees During Period	77	68	63	62	51	52	47	46
Bank Borrowings Overdrafts	491 789	533 752	491 850	533 204	185 505	40 600
Bank Overdrafts	491 789	533 752	491 850	533 204	185 505
Cash Cash Equivalents Cash Flow Value	-491 077	-533 055
Comprehensive Income Expense	-75 982	677 816
Cost Sales	2 349 483	2 178 802
Creditors	449 083	448 930	476 144	367 033	228 878	526 256	220 912	144 076
Depreciation Amortisation Expense	35 601	22 639
Depreciation Expense Property Plant Equipment	16 274	13 002
Disposals Decrease In Depreciation Impairment Property Plant Equipment		40 087		4 259	69 503	15 650	62 630	14 285
Disposals Property Plant Equipment		46 390		6 230	81 548	33 111	96 535	18 960
Finance Lease Liabilities Present Value Total	51 617	14 393	140 040	106 601	89 614	91 299	11 860	29 075
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax	-306 546	118 571
Future Minimum Lease Payments Under Non-cancellable Operating Leases	47 020	52 521		28 000	41 748	40 390	33 028	84 947
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-123 209	-44 225
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	84 591	243 515
Gain Loss On Disposal Assets Income Statement Subtotal	-2 042	-6 138
Gain Loss On Disposals Property Plant Equipment	-2 042	-6 138
Gross Profit Loss	1 441 368	1 546 083
Income From Related Parties		452 191
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	29 780	-41 978
Increase Decrease In Property Plant Equipment			30 000	18 111	31 454	56 451		57 680
Increase From Depreciation Charge For Year Property Plant Equipment		22 639	43 995	62 474	56 891	46 420	45 691	63 961
Interest Expense On Bank Loans Similar Borrowings	8 381	2 656
Interest Expense On Bank Overdrafts	17 786	17 365
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	9 808	11 973
Interest Paid Classified As Operating Activities	-26 167	-20 021
Interest Payable Similar Charges Finance Costs	35 975	31 994
Loans Owed To Related Parties	-618 000
Net Cash Flows From Used In Financing Activities	44 721	790 283
Net Cash Flows From Used In Investing Activities	155 088	39 006
Net Cash Flows From Used In Operating Activities	-229 589	-787 311
Net Cash Generated From Operations	-265 564	-819 305
Net Current Assets Liabilities	-963 030	-414 167	-402 581	-95 265	65 556	919 075	1 284 943	1 443 962
Net Interest Received Paid Classified As Investing Activities		-1
Number Shares Issued Fully Paid		10				10
Operating Profit Loss	266 539	591 238
Other Comprehensive Income Expense Net Tax	-306 546	118 571
Other Creditors	43 443	45 202	95 181	260 432	139 264	78 489	102 912	94 152
Other Interest Receivable Similar Income Finance Income		1
Other Operating Income Format1	352 002	353 000
Other Remaining Borrowings	3 503	6 159	235 009	202 807	159 193	177 084	100 000	21 181
Other Taxation Social Security Payable	58 351	36 156	77 200	121 786	36 432	17 094	28 838	39 735
Par Value Share		0				0
Payments Finance Lease Liabilities Classified As Financing Activities	21 768	-100 565
Payments To Related Parties	244 000	160 121
Pension Other Post-employment Benefit Costs Other Pension Costs	77 966	30 974
Prepayments	51 866	31 796	40 403	40 074	29 968	34 049	36 302	34 605
Proceeds From Sales Intangible Assets	-717
Proceeds From Sales Property Plant Equipment		-165
Profit Loss	230 564	559 245	135 421	349 201
Profit Loss On Ordinary Activities Before Tax	230 564	559 245
Property Plant Equipment Gross Cost	6 593 636	6 704 988	6 249 138	6 323 146	6 294 466	6 386 217	6 529 212	6 845 125
Provisions		150 110	193 846	278 334
Provisions For Amounts Owed By Related Parties		-12 865
Provisions For Liabilities Balance Sheet Subtotal		150 110	193 846	278 334	311 423	317 616	354 878	391 477
Purchase Property Plant Equipment	-155 805	-39 172
Repayments Borrowings Classified As Financing Activities	-61 435	-39 818
Social Security Costs	169 269	146 798
Staff Costs Employee Benefits Expense	2 137 291	1 836 825
Total Additions Including From Business Combinations Property Plant Equipment		39 172	238 780	81 706	52 868	124 862	239 530	334 873
Total Assets Less Current Liabilities	3 029 338	3 707 001	3 218 742	3 541 851	3 686 604	4 719 384	5 371 602	5 927 200
Total Borrowings	641 637	583 035	684 837	692 172	313 890	297 333
Total Increase Decrease From Revaluations Property Plant Equipment		118 570	-694 630	-1 468
Total Operating Lease Payments	15 547	12 628
Trade Creditors Trade Payables	304 103	306 634	277 255	231 972	174 507	190 432	467 975	168 339
Trade Debtors Trade Receivables	956 276	735 024	719 127	889 675	713 183	904 350	1 281 687	902 172
Turnover Revenue	3 790 851	3 724 885
Wages Salaries	1 890 056	1 659 053
Additions Other Than Through Business Combinations Investment Property Fair Value Model						118 280	126 416	130 342
Bank Borrowings						169 167
Corporation Tax Payable						73 569	140 808	140 178
Corporation Tax Recoverable					113 267	7 152	73 376
Fixed Assets					3 621 048	3 800 309	4 086 659	4 483 238
Investment Property						118 280	244 696	375 038
Investment Property Fair Value Model						118 280	244 696	375 038