Quality Industries Limited in Salop, TF3 3BN

Description

Data updated on: 01-11-2023

The firm operates under the name of Quality Industries Limited. The firm was established fourty years ago and was registered under 01817981 as the reg. no. This registered office of the firm is located in Salop. You can contact them at Unit C Stafford Park 18, Telford. The enterprise's declared SIC number is 32990 meaning Other manufacturing n.e.c.. 2023/06/30 is the last time account status updates were reported.

The trademark of Quality Industries is "OMTS". It was applied for in May, 2013 and it registration process was finalised by trademark office in August, 2013. The firm can use their trademark till May, 2023.

In order to satisfy its clients, this specific firm is constantly led by a body of two directors who are William P. and Roland P.. Their joint efforts have been of pivotal importance to the following firm for 2 years. Furthermore, the managing director's tasks are regularly supported by a secretary - Lynda P., who was chosen by the following firm in 2012.

Trade marks

Trademark UK00003005602

Trademark UK00003005602

Trademark image:	-
Trademark name:	OMTS
Status:	Registered
Filing date:	2013-05-12
Date of entry in register:	2013-08-16
Renewal date:	2023-05-12
Owner name:	Quality Industries Ltd
Owner address:	Unit c, Stafford Park 18, Telford, United Kingdom, TF3 3BN

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-06-30	2013-06-30	2014-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency
Net Worth	1 405 595	1 474 901	1 001 477

Balance Sheet
Cash Bank On Hand				362 424	726 318	722 739	688		24 856		88 130
Current Assets	1 742 207	1 565 948	1 540 025	2 176 023	3 057 742	3 930 133	3 000 436	3 479 460	2 624 921	2 503 334	2 193 188
Debtors	1 576 845	1 413 347	1 159 617	1 511 440	1 988 298	2 787 554	2 568 025	2 785 151	2 117 897	2 058 827	1 658 336
Net Assets Liabilities				1 388 490	1 779 712	2 390 062	1 770 469	1 332 505	1 187 656	853 714	883 337
Other Debtors								593 461	591 319	539 153	435 004
Property Plant Equipment				2 189 145	360 880	405 559	381 975	323 443	238 423	196 192	271 112
Total Inventories				302 159	343 126	419 840	431 723	694 309	482 168	444 507
Cash Bank In Hand	10 118	10 123	22 830
Intangible Fixed Assets	210 079	139 948	40 868
Net Assets Liabilities Including Pension Asset Liability	1 405 595	1 474 901	1 001 477
Stocks Inventory	155 244	142 478	357 578
Tangible Fixed Assets	2 154 033	2 085 355	2 015 392

Capital & Reserves
Called Up Share Capital	140	140	140
Profit Loss Account Reserve	1 311 867	1 381 173	907 749
Shareholder Funds	1 405 595	1 474 901	1 001 477

Other Financial Data
Audit Fees Expenses				4 200	4 300
Other Non-audit Services Entity Subsidiaries Fees				13 578	11 090
Other Taxation Advisory Services Entity Subsidiaries Fees				2 500	1 090
Accrued Liabilities Deferred Income				110 229	76 697			136 400	89 545	106 371	43 418
Accumulated Amortisation Impairment Intangible Assets				850 195	901 587	943 494	943 494	943 494	943 494	943 494
Accumulated Depreciation Impairment Property Plant Equipment				954 283	872 749	660 895	770 873	875 026	969 108	1 043 449	1 105 230
Additional Provisions Increase From New Provisions Recognised					5 984
Additions Other Than Through Business Combinations Intangible Assets					83 814
Additions Other Than Through Business Combinations Property Plant Equipment					104 310	164 730	86 394	45 621	11 711	32 110	136 701
Administrative Expenses				1 934 255	2 072 981
Amortisation Expense Intangible Assets				38 104	51 392
Amounts Owed By Group Undertakings				600	308 673			2 289
Amounts Owed To Directors				570	131
Amounts Owed To Group Undertakings				198 247
Applicable Tax Rate				20	20
Average Number Employees During Period					84	89	92	89	75	59	52
Bank Borrowings Overdrafts				64 466				448 369	540 000	550 000	379 076
Cash Cash Equivalents Cash Flow Value				362 424	726 318
Comprehensive Income Expense				524 782	776 222
Corporation Tax Payable				90 705	147 465			31 846
Cost Sales				4 416 140	5 204 512
Creditors				1 494 881	1 412 727	1 675 317	156 175	95 357	580 209	550 000	456 626
Current Tax For Period				90 705	147 465
Deferred Income								71 660	71 660	5 507	4 307
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit				24 714	5 984
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws				24 714	5 984
Deferred Tax Liabilities				37 296	43 280
Depreciation Expense Property Plant Equipment				71 847	105 700
Depreciation Rate Used For Property Plant Equipment					25	25
Depreciation Transfer Revaluation Surplus Before Tax Increase Decrease In Equity				-9 359	-74 870
Disposals Decrease In Depreciation Impairment Property Plant Equipment					187 234	325 004
Disposals Property Plant Equipment					2 014 109	331 905
Distribution Costs				31 866	25 405
Dividends Paid				505 000	385 000	473 428	853 212
Dividends Paid Classified As Financing Activities				505 000	385 000
Dividends Paid On Shares				505 000	385 000
Finance Lease Liabilities Present Value Total				35 210	48 817			60 818	55 148	40 210	19 800
Finance Lease Payments Owing Minimum Gross				246 468	273 627
Fixed Assets	2 364 112	2 225 303	2 056 260	2 198 630	402 787	405 560
Future Minimum Lease Payments Under Non-cancellable Operating Leases				66 968	1 094 357	899 895	632 426	407 035
Gain Loss In Cash Flows From Change In Accrued Items				95 489	-33 532
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				-109 623	144 163
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				447 075	-476 858
Gain Loss In Cash Flows From Change In Inventories				34 717	-40 967
Gain Loss On Disposals Property Plant Equipment				-8 829	-405
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss				-305
Gross Profit Loss				2 683 674	3 032 794
Income Expense Recognised Directly In Equity				-505 000	-385 000
Income Taxes Paid Refund Classified As Operating Activities				27 764	90 705
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				634 775	363 894
Increase From Amortisation Charge For Year Intangible Assets					51 392	41 907
Increase From Depreciation Charge For Year Property Plant Equipment					105 700	113 149	109 978	104 153	94 082	74 341	61 781
Intangible Assets				9 485	41 907
Intangible Assets Gross Cost				859 680	943 494	943 494	943 494	943 494	943 494	943 494
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				74 390	75
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				2 962	4 662
Interest Paid Classified As Operating Activities				77 352	4 737
Interest Payable Similar Charges Finance Costs				77 352	4 737
Net Cash Flows From Used In Financing Activities				-243 732	-1 863 721
Net Cash Flows From Used In Investing Activities				-320 368	1 638 346
Net Cash Flows From Used In Operating Activities				1 198 875	589 269
Net Cash Generated From Operations				1 303 991	684 711
Net Current Assets Liabilities	623 153	740 478	337 546	681 142	1 645 015	2 254 817	1 599 222	1 151 095	1 562 624	1 167 277	1 065 138
Net Deferred Tax Liability Asset				37 296	43 280
Number Shares Issued Fully Paid				40	100
Number Shares Redeemed In Period					40
Operating Profit Loss				717 553	934 408
Other Creditors				15 526	18 060		156 175	95 357	40 209	28 651	77 550
Other Departments Average Number Employees				79	84
Other Disposals Property Plant Equipment									2 649
Other Remaining Borrowings				3 263	8 393
Other Taxation Social Security Payable				244 573	258 569			477 392	309 005	179 489	193 886
Par Value Share		1	1		1
Payments Finance Lease Liabilities Classified As Financing Activities				-229 601	-27 159
Pension Costs Defined Contribution Plan				30 987	65 161
Pension Other Post-employment Benefit Costs Other Pension Costs				30 987	65 161
Prepayments Accrued Income				89 528	43 273			21 482	24 970	39 232	28 740
Proceeds From Borrowings Classified As Financing Activities				-166 580	-1 307 633
Proceeds From Loans Advances To Group Undertakings Classified As Financing Activities				198 247	-198 247
Proceeds From Sales Property Plant Equipment				8 000	1 826 470
Profit Loss				524 782	776 222	1 083 777	233 619
Profit Loss On Ordinary Activities Before Tax				640 201	929 671
Property Plant Equipment Gross Cost				3 143 428	1 233 629	1 066 454	1 152 848	1 198 469	1 207 531	1 239 641	1 376 342
Provisions				37 296	43 280
Provisions For Liabilities Balance Sheet Subtotal						53 322	54 553	46 676	33 182	-40 245	-3 713
Purchase Intangible Assets				18 970	83 814
Purchase Property Plant Equipment				309 398	104 310
Raw Materials				302 159	343 126
Redemption Shares Decrease In Equity					40
Revenue From Sale Goods				7 099 814	8 237 306
Social Security Costs				183 615	198 849
Staff Costs Employee Benefits Expense				2 138 643	2 264 738
Taxation Including Deferred Taxation Balance Sheet Subtotal				37 296	43 280	53 322
Tax Expense Credit Applicable Tax Rate				128 040	185 934
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit				-30 021	-43 843
Tax Increase Decrease From Effect Capital Allowances Depreciation				-9 065	4 294
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings					-1 862
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				1 751	2 945
Tax Tax Credit On Profit Or Loss On Ordinary Activities				115 419	153 449
Total Assets Less Current Liabilities	2 987 265	2 965 781	2 393 806	2 879 772	2 047 802	2 660 376	1 981 197	1 474 538	1 801 047	1 363 469	1 336 250
Trade Creditors Trade Payables				732 092	854 595			1 010 562	445 789	549 819	602 086
Trade Debtors Trade Receivables				1 421 312	1 636 352			2 167 919	1 501 608	1 480 442	1 194 592
Turnover Revenue				7 099 814	8 237 306
Wages Salaries				1 924 041	2 000 728
Advances Credits Directors				570	131	339
Advances Credits Made In Period Directors					647
Advances Credits Repaid In Period Directors				100 000	208
Company Contributions To Money Purchase Plans Directors				4 626	44 504
Director Remuneration				143 052	110 018
Director Remuneration Benefits Excluding Payments To Third Parties				147 678	154 522
Number Directors Accruing Benefits Under Money Purchase Scheme				2	2
Creditors Due After One Year	1 558 999	1 475 480	1 392 329
Creditors Due Within One Year	1 119 054	825 470	1 202 479
Intangible Fixed Assets Additions		81 736
Intangible Fixed Assets Aggregate Amortisation Impairment	491 657	643 524	742 604
Intangible Fixed Assets Amortisation Charged In Period		151 867	99 080
Intangible Fixed Assets Cost Or Valuation	701 736	783 472	783 472
Number Shares Allotted		40	40
Provisions For Liabilities Charges	22 671	15 400
Revaluation Reserve	93 588	93 588	93 588
Secured Debts		1 571 971	1 456 292
Share Capital Allotted Called Up Paid	40	40	40
Tangible Fixed Assets Additions		23 264	6 323
Tangible Fixed Assets Cost Or Valuation	2 910 479	2 933 743	2 940 066
Tangible Fixed Assets Depreciation	756 446	848 388	924 674
Tangible Fixed Assets Depreciation Charged In Period		91 942	76 286