Quartic Engineering Ltd in Kent, ME2 2EG

Description

Data updated on: 01-11-2023

Quartic Engineering is a business registered at ME2 2EG Kent at Priory Road. The enterprise was established in 1984 and is registered under the identification number 01801702. The enterprise has been actively competing on the UK market for 40 years now and its official state is active. This enterprise's SIC code is 24330 and has the NACE code: Cold forming or folding. The latest annual accounts cover the period up to 2022-07-31 and the most current confirmation statement was filed on 2023-08-07.

According to the data we have, this particular limited company was formed in 20th March 1984 and has been managed by five directors, and out of them three (Michelle S., John M. and Stewart W.) are still participating in the company's duties. Additionally, the managing director's efforts are often helped with by a secretary - Cheryl W., who was appointed by this specific limited company in 2005.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-07-31	2012-07-31	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	79 461	155 753	155 334	135 779	147 795	138 366

Balance Sheet
Cash Bank In Hand	18 828	30 006	7 093	109 085	53 785	75 813
Cash Bank On Hand						75 813	5 078	3 879	71 034	129 612	147 934	235 494	30 147
Current Assets	224 658	312 272	289 543	298 213	296 811	272 735	260 055	165 389	190 479	198 072	239 394	392 020	199 360
Debtors	202 830	279 266	279 450	186 128	239 776	193 672	251 727	158 260	116 195	65 210	88 210	153 276	165 963
Net Assets Liabilities						138 366	72 026	37 435	53 304	20 251	18 460	41 820	64 102
Net Assets Liabilities Including Pension Asset Liability	79 461	155 753	155 334	135 779	147 795	138 366
Other Debtors						34 052	32 172	37 267	45 611	46 825	36 553	38 516	38 160
Property Plant Equipment						38 049	32 642	25 954	44 084	37 429	30 946	29 279	33 323
Stocks Inventory	3 000	3 000	3 000	3 000	3 250	3 250
Tangible Fixed Assets	47 456	46 877	50 949	47 033	38 559	38 049
Total Inventories						3 250	3 250	3 250	3 250	3 250	3 250	3 250	3 250

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	79 361	155 653	155 234	135 679	147 695	138 266
Shareholder Funds	79 461	155 753	155 334	135 779	147 795	138 366

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						177 106	185 013	191 701	190 828	191 638	193 621	198 003	200 519
Average Number Employees During Period							15	15	15	14	14	12	12
Bank Borrowings Overdrafts							104 564	26 258			40 000	35 650	25 780
Creditors						165 906	215 773	149 010	173 831	208 782	40 000	35 650	25 780
Creditors Due Within One Year	186 173	196 449	178 959	201 693	181 202	165 906
Disposals Decrease In Depreciation Impairment Property Plant Equipment									11 131	9 142	4 163	1 874	4 991
Disposals Property Plant Equipment									16 535	11 744	4 500	2 500	5 395
Increase From Depreciation Charge For Year Property Plant Equipment							7 907	6 688	10 258	9 952	6 146	6 256	7 507
Net Current Assets Liabilities	38 485	115 823	110 584	96 520	115 609	106 829	44 282	16 379	16 648	-10 710	32 846	52 660	61 900
Nominal Value Allotted Share Capital						100	100	100	100	100	100
Number Shares Allotted		50	50	50	50	50
Number Shares Issued Fully Paid							50	50	50	50	50	50	50
Other Creditors						60 070	41 863	41 526	37 369	52 049	54 470	41 386	32 308
Other Taxation Social Security Payable						64 764	30 130	49 614	23 338	14 240	79 306	184 983	29 042
Par Value Share		1	1	1	1	1	1	1	1	1	1	1	1
Property Plant Equipment Gross Cost						215 155	217 655	217 655	234 912	229 067	224 567	227 282	233 842
Provisions For Liabilities Balance Sheet Subtotal						6 512	4 898	4 898	7 428	6 468	5 332	4 469	5 341
Provisions For Liabilities Charges	6 480	6 947	6 199	7 774	6 373	6 512
Share Capital Allotted Called Up Paid	50	50	50	50	50	50
Tangible Fixed Assets Additions		11 926	15 235	17 496		11 411
Tangible Fixed Assets Cost Or Valuation	231 046	237 257	250 790	211 571	211 571	215 155
Tangible Fixed Assets Depreciation	183 590	190 380	199 841	164 538	173 012	177 106
Tangible Fixed Assets Depreciation Charged In Period		10 137	10 861	10 225	8 474	8 892
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		3 347	1 400	45 528		4 798
Tangible Fixed Assets Disposals		5 715	1 702	56 715		7 827
Total Additions Including From Business Combinations Property Plant Equipment							2 500		33 792	5 899		5 215	11 955
Total Assets Less Current Liabilities	85 941	162 700	161 533	143 553	154 168	144 878	76 924	42 333	60 732	26 719	63 792	81 939	95 223
Trade Creditors Trade Payables						41 072	39 216	31 612	113 124	142 493	62 772	103 365	66 240
Trade Debtors Trade Receivables						159 620	219 555	120 993	70 584	18 385	51 657	114 760	127 803
Advances Credits Directors		4 950		17 900	15 553
Advances Credits Made In Period Directors		4 950		17 900	21 337
Advances Credits Repaid In Period Directors			4 950		23 684