Sherwood Stainless And Aluminium Ltd in Wolverhampton, WV10 9TF

Description

Data updated on: 01-11-2023

Sherwood Stainless And Aluminium Ltd may be gotten hold of in The Science Park, Mammoth Drive Stafford Road in Wolverhampton. The zip code is WV10 9TF. Sherwood Stainless And Aluminium has been actively competing on the British market for thirty five years. The Companies House Reg No. is 02412308. The present name is Sherwood Stainless And Aluminium Ltd. The enterprise's previous associates may know this company also as Sherwood Stainless Steel (service Centre), which was in use up till 2018-05-01. The enterprise's principal business activity number is 25990 which means Manufacture of other fabricated metal products n.e.c.. Sherwood Stainless And Aluminium Limited reported its latest accounts for the financial year up to 2023-03-31. The firm's most recent annual confirmation statement was filed on 2023-08-09.

Sherwood Stainless Steel (service Centre) Ltd is a small-sized vehicle operator with the licence number OD0254701. The firm has one transport operating centre in the country. In their subsidiary in Wolverhampton on Mammoth Drive, 4 machines and 2 trailers are available.

For the firm, a variety of director's assignments up till now have been executed by Terence F. and Paul T.. When it comes to these two executives, Terence F. has supervised firm the longest, having been a vital addition to company's Management Board since August 1991. What is more, the director's efforts are often helped with by a secretary - Kirsty P., who was chosen by the following firm on 2016-01-01.

Previous company's names
Sherwood Stainless And Aluminium Ltd 2018-05-01
Sherwood Stainless Steel (service Centre) Limited 1989-08-09

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	131 605	84 948	14 192
Current Assets	9 110 150	14 136 102	11 586 406
Debtors	5 264 181	5 667 739	6 855 155
Net Assets Liabilities	5 481 097	7 570 551	8 842 100
Other Debtors	379	4 433	115 433
Property Plant Equipment	3 883 282	3 477 848	3 977 604
Total Inventories	3 714 364	8 383 415	5 435 132

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets		62 111	202 388
Accumulated Depreciation Impairment Property Plant Equipment	4 077 442	4 508 634	4 678 980
Acquired Through Business Combinations Intangible Assets		1 064 770	4 960
Acquired Through Business Combinations Property Plant Equipment		473 748	336 878
Additional Provisions Increase From New Provisions Recognised			124 400
Additions Other Than Through Business Combinations Property Plant Equipment		83 237	1 067 584
Administration Support Average Number Employees	31	37	47
Administrative Expenses	1 876 066	2 451 893	4 177 400
Amortisation Expense Intangible Assets		62 111	140 277
Amounts Owed By Related Parties			642 775
Amounts Owed To Related Parties	581 000	811 000	151 000
Applicable Tax Rate	19	19	19
Average Number Employees During Period	110	131	193
Balances With Banks	130 605	83 948	13 192
Bank Borrowings	1 806 450	550 000	1 285 098
Bank Borrowings Overdrafts		-21 500	-35 733
Bank Overdrafts		21 500	35 733
Cash Cash Equivalents	131 605	84 948	14 192
Cash Cash Equivalents Acquired		-589 842
Cash Cash Equivalents Cash Flow Value	131 605	63 448
Cash Flows Used In Acquiring Or Obtaining Control Subsidiaries Or Other Businesses Classified As Investing Activities		-2 030 050	-603 000
Cash On Hand	1 000	1 000	1 000
Cash Transferred To Acquire Entity		2 030 050
Comprehensive Income Expense	1 527 766	2 587 594	1 269 689
Comprehensive Income Expense Attributable To Owners Parent		2 713 319	1 264 574
Cost Sales	18 166 230	23 693 126	33 094 804
Creditors	1 810 426	750 000	1 690 532
Current Tax For Period	328 100	707 711	101 162
Deferred Income		4 366	3 788
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	35 500	-53 405	108 912
Deferred Tax Liabilities	102 500	55 600	180 000
Depreciation Amortisation Expense	504 927	466 004	549 827
Depreciation Expense Property Plant Equipment	504 927	529 531	743 954
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-34 812	-379 481
Disposals Property Plant Equipment		-57 479	-397 482
Distribution Average Number Employees	15	14	14
Distribution Costs	2 048 006	2 558 516	3 473 411
Dividend Per Share Final	3	20
Dividends Paid	-70 000	-500 000
Dividends Paid Classified As Financing Activities	-70 000	-500 000
Finance Lease Liabilities Present Value Total	3 976	200 000	107 735
Financial Assets Acquired		911 744
Financial Liabilities Assumed		-701 446
Fixed Assets	3 883 282	5 507 898	6 610 654
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	-292 128	1 458 241	-985 367
Further Item Debtors Component Total Debtors			275 133
Gain Loss From Revaluation Property Plant Equipment Recognised In Profit Or Loss	39 809	48 827	71 446
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-814 514	-1 933 741	2 541 597
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	643 063	403 558	194 210
Gain Loss In Cash Flows From Change In Deferred Items		814	-815
Gain Loss In Cash Flows From Change In Inventories	374 708	4 669 051	-2 948 283
Gain Loss On Disposals Property Plant Equipment	39 809	19 633	65 422
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss			-189
Gain Loss On Revaluation Other Assets Net Tax In Other Comprehensive Income		-1 860	-1 860
Goodwill Arising On Business Combination		1 064 770
Gross Profit Loss	5 282 198	8 313 219	9 200 125
Income Taxes Paid Refund Classified As Operating Activities	1 366	516 966	600 000
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	76 475	-68 157	-84 989
Increase Decrease In Current Tax From Adjustment For Prior Periods	-55 584	-63 944	-130 582
Increase From Amortisation Charge For Year Intangible Assets		62 111	140 277
Increase From Depreciation Charge For Year Property Plant Equipment		466 004	549 827
Intangible Assets		1 002 659	4 960
Intangible Assets Gross Cost		1 064 770	4 960
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	12 881	19 335	94 087
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss	33 675	50 781	31 137
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	4 652	7 960	20 206
Interest Income On Bank Deposits	1 366	15	333
Interest Paid Classified As Financing Activities	-53 378	-88 085	-174 450
Interest Paid Classified As Operating Activities	53 378	88 085	174 450
Interest Payable Similar Charges Finance Costs	53 378	94 419	226 373
Interest Received Classified As Investing Activities	16 584	18 013	271 838
Interest Received Classified As Operating Activities	16 584	18 013	271 838
Inventories Acquired		205 962
Investments Fixed Assets		2 030 050	2 633 050
Investments In Subsidiaries		2 030 050	2 633 050
Net Cash Flows From Used In Financing Activities	-1 564 789	1 988 861	-67 082
Net Cash Flows From Used In Investing Activities	-493 667	-2 052 974	-1 315 323
Net Cash Flows From Used In Operating Activities	2 134 931	-4 044	1 297 416
Net Cash Generated From Operations	2 136 297	512 922	1 897 416
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	2 339 554	3 651 790	1 684 940
Net Cash Outflow Inflow On Business Combination		1 440 208
Net Current Assets Liabilities	3 510 741	2 868 253	4 101 978
Net Identifiable Assets Liabilities Acquired		965 280
Number Shares Issued Fully Paid	25 000	25 000	25 000
Operating Profit Loss	1 874 436	3 381 932	1 550 128
Other Comprehensive Income Expense Net Tax	-1 860	-1 860	-1 860
Other Creditors		100 000	100 000
Other Employee Expense	61 610	66 406	92 954
Other Finance Costs	2 170	16 343	80 943
Other Finance Income	15 218	18 013	21 838
Other Interest Receivable Similar Income Finance Income	16 584	18 028	22 171
Other Inventories		155 570	748 566
Other Operating Income Format1	516 310	79 122	814
Other Payables Accrued Expenses	188 783	206 453	250 266
Other Remaining Borrowings	-2 092 301	1 458 241	472 874
Other Remaining Operating Income	516 310	79 122	814
Other Short-term Employee Benefits		5 621	5 852
Par Value Share		1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-57 975	181 412	309 193
Payments To Redeem Own Shares	-500 000
Pension Costs Defined Contribution Plan	181 541	109 645	181 219
Percentage Voting Equity Interests Acquired		100
Prepayments	89 702	132 160	294 639
Proceeds From Sales Property Plant Equipment	55 870	42 300	83 423
Production Average Number Employees	64	80	132
Profit Loss	1 529 626	2 589 454	1 271 549
Profit Loss Acquiree		252 533
Profit Loss Attributable To Owners Parent	1 529 626	2 715 179	1 266 434
Profit Loss On Ordinary Activities Before Tax	1 837 642	3 305 541	1 345 926
Property Plant Equipment Acquired		549 020
Property Plant Equipment Gross Cost	7 960 724	7 986 482	8 656 584
Provisions		55 600	180 000
Provisions For Liabilities Balance Sheet Subtotal	102 500	55 600	180 000
Purchase Intangible Assets			-521 131
Purchase Property Plant Equipment	-566 121	-83 237	-1 067 584
Raw Materials Consumables	3 714 364	8 383 415	5 435 132
Rental Income From Investment Property	25 810	25 810
Revenue Acquiree		1 052 850
Revenue From Sale Goods	23 422 618	31 980 535	42 294 929
Social Security Costs	259 501	297 427	495 695
Staff Costs Employee Benefits Expense	3 878 697	5 061 131	6 979 498
Taxation Social Security Payable	392 670	178 235	584 935
Tax Expense Credit Applicable Tax Rate	349 152	628 053	255 726
Tax Increase Decrease From Effect Capital Allowances Depreciation	8 885	-10 147	-17 236
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	5 563	36 400	4 256
Tax Tax Credit On Profit Or Loss On Ordinary Activities	308 016	545 893	26 374
Total Assets Less Current Liabilities	7 394 023	8 376 151	10 712 632
Total Borrowings	1 810 426	750 000	1 939 867
Total Increase Decrease From Revaluations Property Plant Equipment			878 344
Total Operating Lease Payments	112 190	120 786	147 082
Trade Creditors Trade Payables	5 830 910	7 601 700	5 299 830
Trade Debtors Trade Receivables	5 174 100	5 917 387	6 169 948
Turnover Revenue	23 448 428	32 006 345	42 294 929
Unpaid Contributions To Pension Schemes	34 135	63 851	33 611
Wages Salaries	3 376 045	4 587 653	6 203 778
Work In Progress		40 027	43 967
Company Contributions To Money Purchase Plans Directors	70 000	4 000	7 833
Director Remuneration	54 339	109 113	77 079

Company staff

Kirsty P.

Role: Secretary

Appointed: 01 January 2016

Latest update: 28 January 2024

Terence F.

Role: Director

Appointed: 09 August 1991

Latest update: 28 January 2024

Paul T.

Role: Director

Appointed: 09 August 1991

Latest update: 28 January 2024

People with significant control

Executives with significant control over the firm are: Paul T. owns 1/2 or less of company shares. Terence F. owns 1/2 or less of company shares.

Paul T.

Notified on 6 April 2016

Nature of control:

1/2 or less of shares

Terence F.

Notified on 6 April 2016

Nature of control:

1/2 or less of shares

Patrick M.

Notified on 6 April 2016

Ceased on 1 July 2020

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	23 August 2024
Confirmation statement last made up date	09 August 2023

Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Sherwood Stainless And Aluminium Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Kirsty P.

Terence F.

Paul T.

Patrick M.

Kevin M.

People with significant control

Paul T.

Terence F.

Patrick M.

Accounts Documents

Company Vehicle Operator Data

The Science Park

Address

City

Postal code

No. of Vehicles

No. of Trailers

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies