Simply Bearings Limited in Leigh, WN7 3XJ

Description

Data updated on: 01-11-2023

This particular Simply Bearings Limited business has been in this business for at least nineteen years, as it's been established in 2005. Started with Registered No. 05473344, Simply Bearings was set up as a Private Limited Company located in Halton House, Leigh WN7 3XJ. This enterprise's SIC and NACE codes are 46180 meaning Agents specialized in the sale of other particular products. Simply Bearings Ltd released its account information for the financial year up to 2022-06-30. The business latest annual confirmation statement was filed on 2023-04-28.

Having four recruitment offers since Thursday 26th June 2014, the firm has been relatively active on the labour market. On Friday 20th May 2016, it started searching for new workers for a full time Warehouse Packer position in Leigh, and on Thursday 26th June 2014, for the vacant position of a full time Customer Sales Advisor in Leigh. They need employees on such posts as: Accounts Assistant and Inbound Customer Service Advisor.

Due to the following enterprise's magnitude, it was vital to find new directors: Daniel M. and Steven M. who have been collaborating for seventeen years for the benefit of this company. In addition, the managing director's efforts are supported by a secretary - Denice M., who was appointed by this specific company in 2016.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	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	205 492	290 066	430 219	683 054	791 352	1 089 984

Balance Sheet
Cash Bank On Hand						274 754	528 023	703 514	549 423	670 570	739 115	569 311	112 796
Current Assets	234 989	340 344	614 420	674 135	1 021 433	1 176 523	1 699 859	2 185 724	2 359 999	2 595 931	3 154 278	3 574 785	3 770 563
Debtors	65 084	117 676	217 331	176 177	175 974	117 047	106 289	149 415	282 411	163 134	220 874	336 046	527 067
Net Assets Liabilities						1 089 984	1 405 191	2 016 333	2 543 938	2 655 854	2 711 731	2 976 647	4 138 852
Other Debtors							5 984	21 593	158 741	20 854	23 781	24 248	20 252
Property Plant Equipment						1 134 298	1 129 562	1 131 727	1 160 315	1 189 918	1 187 596	1 185 237	1 151 563
Total Inventories						784 722	1 065 547	1 332 795	1 528 165	1 762 227	2 194 289	2 669 428
Cash Bank In Hand	78 555	87 667	184 999	165 922	230 752	274 754
Net Assets Liabilities Including Pension Asset Liability	205 492	290 066	430 219	683 054	791 352	1 089 984
Stocks Inventory	91 350	135 000	212 090	332 036	614 707	784 722
Tangible Fixed Assets	400 530	425 865	411 128	1 506 349	1 152 041	1 134 298

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	204 492	289 066	429 219	682 054	790 352	1 088 984
Shareholder Funds	205 492	290 066	430 219	683 054	791 352	1 089 984

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						154 040	180 170	76 361	93 078	98 836	145 062	158 155	204 622
Additions Other Than Through Business Combinations Property Plant Equipment								27 707	59 041	75 289	43 904	55 419	12 793
Average Number Employees During Period						34	38		34	39	39	44	49
Bank Borrowings Overdrafts						37 812	587 090	55 039	163 975	1
Corporation Tax Payable						104 735	93 167	145 506	109 120	171 572	195 065	198 042
Creditors						611 952	649 989	55 039	163 975	1 114 397	1 613 840	1 838 322	884 702
Fixed Assets	400 530	425 865	411 128	1 506 349	1 152 041						1 187 596	1 287 139	1 303 206
Future Minimum Lease Payments Under Non-cancellable Operating Leases								3 828			26 000	26 000	26 000
Increase From Depreciation Charge For Year Property Plant Equipment							26 130	25 542	26 866	45 686	46 226	57 778	46 467
Intangible Assets												101 902	151 643
Intangible Assets Gross Cost												101 902	151 643
Net Current Assets Liabilities	-24 155	22 614	168 695	31 739	339 656	574 582	931 403	946 246	1 559 358	1 481 534	1 540 438	1 736 463	2 885 861
Number Shares Issued Fully Paid								100
Other Creditors						21 788	37 935	141 158	181 887	398 833	866 685	864 767	318 691
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment								129 351	10 149	39 928		44 685
Other Disposals Property Plant Equipment								129 351	13 736	39 928		44 685
Other Taxation Social Security Payable						7 939	17 945	84 220	99 403	116 164	109 180	302 100	352 834
Par Value Share		1	1	1	1	1		1
Property Plant Equipment Gross Cost						1 288 338	1 309 732	1 208 088	1 253 393	1 288 754	1 332 658	1 343 392	1 356 185
Provisions For Liabilities Balance Sheet Subtotal						6 944	5 785	6 601	11 760	15 598	16 303	46 955	50 215
Total Assets Less Current Liabilities	376 375	448 479	579 823	1 538 088	1 491 697	1 708 880	2 060 965	2 077 973	2 719 673	2 671 452	2 728 034	3 023 602	4 189 067
Trade Creditors Trade Payables						171 256	214 435	281 504	213 597	427 827	442 910	671 455	213 177
Trade Debtors Trade Receivables						110 230	100 305	127 822	123 670	142 280	197 093	311 798	506 815
Accrued Liabilities						12 505	18 418
Bank Borrowings						591 882	745 233
Creditors Due After One Year	159 776	146 037	139 969	847 698	689 701	611 952
Creditors Due Within One Year	259 144	317 729	445 725	642 396	681 777	601 941
Merchandise						784 722	1 065 547
Number Shares Allotted		1 000	1 000	1 000	100	100
Other Remaining Borrowings						97 819	56 050
Prepayments						6 817	5 984
Provisions For Liabilities Charges	11 107	12 376	9 635	7 336	10 644	6 944
Secured Debts	159 776	146 037	152 491	972 456	763 074	689 701
Share Capital Allotted Called Up Paid	1 000	1 000	1 000	1 000	100	100
Tangible Fixed Assets Additions		50 750	21 406	1 127 141	40 482	13 058
Tangible Fixed Assets Cost Or Valuation	453 888	504 638	496 272	1 609 473	1 287 950	1 288 338
Tangible Fixed Assets Depreciation	53 358	78 773	85 144	103 124	135 909	154 040
Tangible Fixed Assets Depreciation Charged In Period		25 415	22 389	24 953	32 785	29 216
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			16 018	6 973		11 085
Tangible Fixed Assets Disposals			29 772	13 940	362 005	12 670
Total Additions Including From Business Combinations Property Plant Equipment							21 394
Total Borrowings						689 701	801 283
Instalment Debts Due After5 Years		71 877	85 271	405 056
Amount Specific Advance Or Credit Directors				11 595