Siderise Insulation Limited in Maesteg, CF34 0AH

Description

Data updated on: 01-11-2023

Siderise Insulation is a business registered at CF34 0AH Maesteg at Siderise Forge Industrial Estate. This firm was established in 1989 and is established under reg. no. 02370350. This firm has been active on the UK market for 35 years now and company current status is active. Founded as Siderise (western), the company used the business name up till 2004, the year it was replaced by Siderise Insulation Limited. This business's classified under the NACE and SIC code 32990 which stands for Other manufacturing n.e.c.. The business latest financial reports describe the period up to 2022-12-31 and the most recent confirmation statement was filed on 2023-04-05.

On 2014/05/27, the enterprise was recruiting a Maintenance Engineer to fill a full time vacancy in Maesteg, Wales. They offered a full time job with salary from £19500 to £21450 per year. The offered job position required experienced worker.

According to the information we have, this particular firm was formed in 1989 and has so far been steered by seventeen directors, out of whom eight (Gavin R., Richard V., Mark H. and 5 other directors who might be found below) are still participating in the company's duties.

Previous company's names
Siderise Insulation Limited 2004-12-30
Siderise (western) Limited 1989-04-10

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	1 213 059	1 608 590	2 889 543	2 572 076	4 283 507	6 338 713	6 877 939	2 741 901
Current Assets	2 635 544	3 127 434	5 130 252	6 656 015	12 760 855	18 973 476	25 572 620	38 646 886
Debtors	1 120 634	1 214 948	1 779 419	3 564 141	8 051 743	12 139 617	18 192 487	33 720 886
Net Assets Liabilities	1 979 009	2 245 073	3 768 775	4 948 456	9 279 310	13 970 276	21 462 382	31 269 364
Other Debtors	167 410	90 751	150 573	142 202		73 853	78 688	348 645
Property Plant Equipment	285 815	458 102	492 767	767 935	888 670	724 586	651 074	2 446 891
Total Inventories	301 851	303 896	461 290	519 798	425 605	495 146	502 194	2 184 099

Other Financial Data
Audit Fees Expenses				12 198	18 900	3 376	25 000	18 645
Accrued Liabilities Deferred Income				417 463	459 518	430 601	512 788	666 805
Accumulated Amortisation Impairment Intangible Assets					29 327	85 317	261 906	517 519
Accumulated Depreciation Impairment Property Plant Equipment	591 886	668 462	767 463	845 573	1 016 375	1 201 461	1 364 278	1 650 004
Additions Other Than Through Business Combinations Intangible Assets						251 857	557 543	543 427
Additions Other Than Through Business Combinations Property Plant Equipment					291 538	21 002	89 305	2 137 924
Administrative Expenses				1 800 297	3 651 446	4 346 491	4 828 802	5 871 498
Amortisation Expense Intangible Assets					29 327	55 990	176 589	255 613
Amounts Owed By Group Undertakings					1 054 566	6 632 108	11 745 102	24 923 605
Amounts Owed To Group Undertakings	70 818	297 023	335 225	435 622	1 075 089	3 026 405	2 896 911	6 999 242
Average Number Employees During Period	36	36	38	48	69	88	105	120
Comprehensive Income Expense				5 379 681	8 197 744	5 896 364	7 492 106	9 806 982
Corporation Tax Payable				714 881	977 067	492 703
Corporation Tax Recoverable							267 190	626 456
Cost Sales				6 078 093	8 190 871	7 814 250	9 486 950	12 865 894
Creditors	891 792	1 265 221	1 766 020	2 421 086	3 989 674	6 094 260	5 331 379	10 295 211
Current Tax For Period				1 278 881	1 735 704	1 385 976	1 628 015	1 936 577
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				-12 439	40 711	-74 723	177 361	387 083
Depreciation Expense Property Plant Equipment				100 275	170 801	185 086	162 817	321 692
Distribution Costs				824 216	793 506	794 679	1 428 922	1 761 855
Dividends Paid				4 200 000	3 866 890
Dividends Paid On Shares Final				4 200 000	3 866 890
Finished Goods Goods For Resale				5 414
Fixed Assets			492 767	789 312	910 047	1 171 954	1 479 396	3 563 027
Further Item Tax Increase Decrease Component Adjusting Items						-39 319	-4 155	-87 163
Future Minimum Lease Payments Under Non-cancellable Operating Leases				13 151	17 949	5 099	2 069
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				240	7 445	-6 202	-9 406	31 665
Gain Loss On Disposals Property Plant Equipment				1 626				-6 015
Government Grant Income				1 250		141 075	139 164	42 250
Gross Profit Loss				9 270 199	15 396 636	16 279 599	19 232 982	23 922 402
Increase Decrease In Current Tax From Adjustment For Prior Periods						-76 992	-164 591	43 298
Increase From Amortisation Charge For Year Intangible Assets						55 990	176 589	255 613
Increase From Depreciation Charge For Year Property Plant Equipment		76 576	99 001	100 275	170 801	185 086	162 817	321 692
Intangible Assets					230 124	425 991	806 945	1 094 759
Intangible Assets Gross Cost					259 451	511 308	1 068 851	1 612 278
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				6 343		180
Interest Income On Bank Deposits				5 530	11 327	445	1 153	3 304
Interest Payable Similar Charges Finance Costs				6 343	2 194 251	4 149 324	4 020 836	4 158 463
Investments Fixed Assets				21 377	21 377	21 377	21 377	21 377
Investments In Subsidiaries				21 377	21 377	21 377	21 377	21 377
Net Current Assets Liabilities	1 743 752	1 862 213	3 364 232	4 234 929	7 050 237	12 879 216	20 241 241	28 351 675
Operating Profit Loss				6 646 936	10 996 782	11 279 504	13 114 422	16 331 299
Other Creditors	221 848	341 397	334 875	417 463				39 873
Other Creditors Including Taxation Social Security Balance Sheet Subtotal					1 982 726
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment								35 966
Other Disposals Property Plant Equipment								56 381
Other Interest Expense					2 194 251	4 149 144	4 020 836	4 158 463
Other Interest Receivable Similar Income Finance Income				5 530	11 327	445	1 153	3 304
Other Operating Income Format1				1 250		141 075	139 164	42 250
Other Taxation Social Security Payable	173 388	410 017	685 313	1 038 066	1 005 659	998 492	476 035	475 026
Pension Other Post-employment Benefit Costs Other Pension Costs				31 724	43 752	64 966	82 477	103 624
Percentage Class Share Held In Associate					100
Percentage Class Share Held In Subsidiary				100		100	100	100
Prepayments Accrued Income				142 202	324 272	465 113	814 714	1 187 567
Profit Loss				5 379 681	8 197 744	5 896 364	7 492 106	9 806 982
Profit Loss On Ordinary Activities Before Tax				6 646 123	8 768 761	7 130 625	9 094 739	12 176 140
Property Plant Equipment Gross Cost	877 701	1 126 564	1 260 230	1 613 508	1 905 045	1 926 047	2 015 352	4 096 895
Provisions For Liabilities Balance Sheet Subtotal	50 558	75 242	88 224	75 785	116 496
Raw Materials Consumables				510 595	425 605	495 146	502 194	2 184 099
Research Development Expense Recognised In Profit Or Loss				150 219	1 184	98 504	15 930	27 699
Social Security Costs								476 169
Staff Costs Employee Benefits Expense				1 934 059	2 623 873	3 206 514	4 165 241	4 980 445
Taxation Including Deferred Taxation Balance Sheet Subtotal				75 785	116 496	80 894	258 255	645 338
Tax Expense Credit Applicable Tax Rate				1 262 763	1 666 065	1 354 819	1 728 000	2 313 467
Tax Increase Decrease Arising From Group Relief Tax Reconciliation						-20 727	-8 236	-12 550
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings						13 705	61 979	92 900
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				3 679	718 824	2 775	7 797	19 206
Tax Tax Credit On Profit Or Loss On Ordinary Activities				1 266 442	2 810 365	1 234 261	1 602 633	2 369 158
Total Assets Less Current Liabilities	2 029 567	2 320 315	3 856 999	5 024 241	8 190 408	14 051 170	21 720 637	31 914 702
Total Current Tax Expense Credit					1 735 704	1 308 984	1 425 272	1 982 075
Total Operating Lease Payments				47 011	51 984	53 290	56 155	226 161
Trade Creditors Trade Payables	425 738	216 784	410 607	529 935	2 006 948	1 146 059	1 445 645	2 114 265
Trade Debtors Trade Receivables	953 224	1 124 197	1 628 846	3 421 939	4 951 961	4 968 543	5 286 793	6 634 613
Turnover Revenue				15 348 292	23 587 507	24 093 849	28 719 932	36 788 296
Wages Salaries				1 902 335	2 580 121	3 141 548	4 082 764	4 400 652
Work In Progress				3 789
Company Contributions To Defined Benefit Plans Directors							4 797	4 047
Director Remuneration						105 705	185 591	141 052
Director Remuneration Benefits Including Payments To Third Parties						105 705	190 388	145 099
Capital Commitments		112 000
Disposals Decrease In Depreciation Impairment Property Plant Equipment				22 165
Disposals Property Plant Equipment				25 540
Investments In Group Undertakings				21 377
Merchandise	301 851	303 896	461 290	519 798
Net Assets Liabilities Subsidiaries				-21 377
Number Shares Issued Fully Paid		100	100	100
Par Value Share		1	1	1
Total Additions Including From Business Combinations Property Plant Equipment		248 863	133 666	378 818