Purmo Group (UK) Ltd in Gateshead, NE11 0PG

Description

Data updated on: 01-11-2023

Started with Reg No. 00653648 sixty four years ago, Purmo Group (UK) Ltd is a Private Limited Company. The company's current registration address is Eastern Avenue, Team Valley Trading Estate Gateshead. Previously Purmo Group (UK) Ltd switched it’s listed name three times. Before 2019-10-21 the firm used the business name Rettig (UK). After that the firm used the business name Myson Radiators that was used till 2019-10-21 when the currently used name was adopted. This company's registered with SIC code 25210 and has the NACE code: Manufacture of central heating radiators and boilers. The company's most recent financial reports were submitted for the period up to Saturday 31st December 2022 and the most recent annual confirmation statement was submitted on Sunday 14th May 2023.

As found in this enterprise's register, for two years there have been three directors: Lauri S., Barry L. and Linda C.. Moreover, the director's responsibilities are helped with by a secretary - Tracy H., who was selected by this specific business in 2017.

Previous company's names
Purmo Group (UK) Ltd 2019-10-21
Rettig (UK) Limited 2005-06-22
Myson Radiators Limited 1999-12-07
Blue Circle Heating Limited 1960-03-23

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-12-31	2021-12-31
Currency

Balance Sheet
Cash Bank On Hand	277	585
Current Assets	22 176	32 287
Debtors	8 969	12 364
Net Assets Liabilities	6 685	11 326
Property Plant Equipment	12 007	11 059
Total Inventories	12 930	19 338

Other Financial Data
Audit Fees Expenses	90	65
Fees For Non-audit Services	43
Other Non-audit Services Fees	13
Taxation Compliance Services Fees	30
Accumulated Amortisation Impairment Intangible Assets	4 811	4 868
Accumulated Depreciation Impairment Property Plant Equipment	2 071	2 694
Additions Other Than Through Business Combinations Property Plant Equipment		606
Administrative Expenses	5 001	6 311
Amortisation Expense Intangible Assets	30	57
Amounts Owed To Related Parties	7 415	16 438
Assumed Rate Increase Pensions In Payment Deferred Pensions	3	3
Assumed Rate Inflation- R P I	3	3
Average Number Employees During Period	349	370
Capital Commitments	4 000	269 000
Cash Cash Equivalents Held In Defined Benefit Plan Fair Value	264	240
Comprehensive Income Expense	-7 573	4 641
Cost Inventories Recognised As Expense Gross	43 600 000	44 660 000
Cost Sales	58 665	70 703
Creditors	9 713	9 348
Current Service Cost Defined Benefit Plan	172	295
Debt Securities Held In Defined Benefit Plan Fair Value	21 224	24 168
Decrease In Assets Defined Benefit Plan From Benefits Paid	-2 510	-1 851
Decrease Increase In Liabilities Defined Benefit Plan From Actuarial Gains Losses Demographic Assumptions	373	662
Decrease Increase In Liabilities Defined Benefit Plan From Actuarial Gains Losses Experience Adjustments	480
Decrease Increase In Liabilities Defined Benefit Plan From Actuarial Gains Losses Financial Assumptions	8 115	-3 539
Deferred Income	13
Deferred Tax Assets	2 390	2 737
Deferred Tax Expense Credit From Unrecognised Temporary Difference From Prior Period	161	-401
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws		-339
Deferred Tax Expense Credit Relating To Origination Reversal Temporary Differences	-799	-210
Deferred Tax Liabilities	-720	-1 288
Deficit Surplus In Defined Benefit Plan	-4 018	2 827
Depreciation Expense Property Plant Equipment	2 116	2 263
Derivatives Held In Defined Benefit Plan Fair Value	14 255	20 289
Discount Rate Used Defined Benefit Plan	1	2
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-93
Disposals Property Plant Equipment		-100
Distribution Costs	12 875	13 970
Fair Value Assets Defined Benefit Plan	54 574	57 738
Finance Lease Liabilities Present Value Total	443	9 348
Finished Goods	8 363	10 423
Fixed Assets	24 339	22 687
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	282	-228
Gain Loss On Disposals Property Plant Equipment	-2	-4
Gain Loss On Remeasurement Defined Benefit Plan Recognised In Other Comprehensive Income	-2 693	6 349
Government Grant Income	10	10
Gross Profit Loss	12 490	18 824
Income Tax Expense Credit	-638	-981
Increase Decrease In Current Tax From Adjustment For Prior Periods		-31
Increase Decrease In Liabilities Defined Benefit Plan From Past Service Cost Gains Losses Arising From Settlements	79
Increase Decrease In Net Deferred Tax Liability From Amount Recognised Directly In Equity		37
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Other Comprehensive Income		-1 207
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Profit Or Loss		950
Increase Decrease In Operating Costs From Defined Benefit Plan	251	295
Increase From Amortisation Charge For Year Intangible Assets		57
Increase From Depreciation Charge For Year Property Plant Equipment		716
Increase In Assets Defined Benefit Plan From Contributions By Employer	840	840
Increase In Assets Defined Benefit Plan From Interest Income	987	703
Increase In Liabilities Defined Benefit Plan From Current Service Cost	172	295
Increase In Liabilities Defined Benefit Plan From Interest Expense	1 019	752
Intangible Assets	508	451
Intangible Assets Gross Cost	5 319	5 319
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	268	389
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	801	769
Interest Income On Bank Deposits		3
Interest Payable Similar Charges Finance Costs	1 392	1 341
Inventory Write-down Expense Gross	1 100 000	1 800 000
Investment Funds Held In Defined Benefit Plan Fair Value	18 831	13 041
Investments In Subsidiaries	2 998	3 003
Items In Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net Tax	-2 693	5 142
Lease Expense Subleasing Right-of-use Assets		-61
Lease Liabilities	35 298	34 032
Liabilities Defined Benefit Plan Present Value	58 592	54 911
Net Current Assets Liabilities	-3 923	-4 840
Net Deferred Tax Liability Asset	-1 669	-1 449
Number Shares Issued Fully Paid	83 074	83 074
Operating Profit Loss	-4 131	-148
Other Comprehensive Income Expense Net Tax	-2 693	5 142
Other Creditors	129	120
Other Employee Expense	30	47
Other Finance Costs	32	49
Other Interest Receivable Similar Income Finance Income	5	7
Other Operating Income	1 255	1 309
Other Operating Income Format1	1 255	1 309
Other Payables Accrued Expenses	9 001	11 029
Other Remaining Operating Income		284
Par Value Share		0
Past Service Cost Defined Benefit Plan Excluding Gains Losses Arising From Settlements	79
Pension Costs Defined Benefit Plan	283	344
Pension Costs Defined Contribution Plan	705	767
Percentage Class Share Held In Subsidiary	100	100
Production Average Number Employees	168	229
Profit Loss	-4 880	-501
Profit Loss Before Tax	-5 518	-1 482
Profit Loss On Ordinary Activities Before Tax	-5 518	-1 482
Property Plant Equipment Excluding Right-of-use Assets	12 007	11 059
Property Plant Equipment Gross Cost	10 897	10 868
Property Plant Equipment Right-of-use Assets	8 826	8 174
Raw Materials Consumables	4 100	7 907
Redundancy Costs	55	2
Rental Income From Sub-leases	1 245	66
Retirement Benefit Obligations Surplus	-4 018	2 827
Revenue From Sale Goods	71 155	89 527
Sales Marketing Distribution Average Number Employees	181	141
Social Security Costs	1 187	1 381
Staff Costs Employee Benefits Expense	13 538	16 941
Taxation Social Security Payable	3 339	1 513
Tax Decrease From Tax Losses For Which No Deferred Tax Asset Was Recognised	145
Tax Expense Credit Applicable Tax Rate	-1 049	-281
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit		-13
Tax Increase Decrease From Effect Capital Allowances Depreciation		53
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	105	31
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-638	-981
Total Additions Including From Business Combinations Property Plant Equipment		71
Total Assets Less Current Liabilities	20 416	17 847
Total Borrowings	9 700	9 348
Total Deferred Tax Expense Credit	-638	-950
Total Operating Lease Payments	617	556
Trade Creditors Trade Payables	5 772	7 643
Trade Debtors Trade Receivables	7 300	10 915
Turnover Revenue	71 155	89 527
Wages Salaries	11 561	14 744
Work In Progress	467	1 008
Company Contributions To Money Purchase Plans Directors	43	54
Director Remuneration	655	745
Director Remuneration Benefits Including Payments To Third Parties	698	799
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3