Smith Recycling (milton Keynes) Limited in Milton Keynes, MK10 0BD

Description

Data updated on: 01-11-2023

Smith Recycling (milton Keynes) Limited has been on the local market for 21 years. Started with registration number 05010074 in 2004, the firm is located at Smith House Maidstone Road, Milton Keynes MK10 0BD. The firm's classified under the NACE and SIC code 38320, that means Recovery of sorted materials. Smith Recycling (milton Keynes) Ltd released its latest accounts for the period up to Tue, 31st May 2022. The business most recent confirmation statement was submitted on Sun, 27th Nov 2022.

From the data we have, this specific limited company was formed in 8th January 2004 and has been overseen by five directors. Additionally, the managing director's tasks are regularly supported by a secretary - John B., who was chosen by the limited company on 8th January 2004.

The companies that control this firm include: Smith Recycling Holdings Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Milton Keynes at Maidstone Road, Kingston, MK10 0BD and was registered as a PSC under the registration number 14985742.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency
Net Worth	1 750 097	2 501 630

Balance Sheet
Cash Bank On Hand		2 114 632	1 988 301	1 623 998	2 208 029	3 281 559	4 388 232	6 255 153	7 585 217
Current Assets	2 400 382	2 909 406	2 826 349	2 524 594	3 218 615	3 826 517	6 296 779	8 366 258	9 699 027
Debtors	742 957	794 774	838 048	900 596	1 010 586	544 958	1 908 547	2 111 105	2 113 810
Net Assets Liabilities		2 501 630	2 716 261	3 315 385	4 003 077	4 860 041	6 466 512	7 931 725	9 620 332
Other Debtors		127 741	20 000	20 000	97 378	54 384	884 300	899 831	921 767
Property Plant Equipment		1 468 374	1 599 805	4 493 876	4 421 343	4 531 163	4 632 413	4 717 956	4 695 113
Cash Bank In Hand	1 657 425	2 114 632
Net Assets Liabilities Including Pension Asset Liability	1 750 097	2 501 630
Tangible Fixed Assets	909 005	1 468 374

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	1 749 997	2 501 530
Shareholder Funds	1 750 097	2 501 630

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets					16 667	33 334	50 000	50 000
Accumulated Depreciation Impairment Property Plant Equipment		999 804	1 447 218	2 127 298	2 548 033	3 026 349	3 299 484	3 748 117	4 173 910
Average Number Employees During Period					40	37	41	48	48
Bank Borrowings Overdrafts				1 122 381	1 057 639	990 891	921 603	847 940	401 873
Corporation Tax Payable		168 362	92 621	177 692	144 964	373 736	381 267	284 240	422 768
Creditors		1 760 114	1 613 916	1 122 381	1 057 639	990 891	921 603	847 940	401 873
Depreciation Expense Property Plant Equipment		399 492	447 414	680 080	562 910	564 156	457 471	526 709
Dividends Paid On Shares					33 333	16 666
Dividends Paid On Shares Interim				50 000	50 000	50 000	50 000	50 000	100 000
Fixed Assets	909 005	1 468 374		4 493 876	4 454 676	4 547 829	4 632 413
Future Minimum Lease Payments Under Non-cancellable Operating Leases					10 887	6 189	2 321
Increase From Amortisation Charge For Year Intangible Assets					16 667	16 667	16 666
Increase From Depreciation Charge For Year Property Plant Equipment			447 414	680 080	562 910	564 156	457 471	526 709	484 519
Intangible Assets					33 333	16 666
Intangible Assets Gross Cost					50 000	50 000	50 000	50 000
Net Current Assets Liabilities	953 024	1 149 292	1 212 433	17 828	712 137	1 419 201	2 992 472	4 366 978	5 658 986
Number Shares Issued Fully Paid			100	100
Other Creditors		698 597	700 443	873 000	836 100	872 108	1 008 751	954 934	1 171 629
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					142 175	85 840	184 336	78 076	58 726
Other Disposals Property Plant Equipment				18 000	148 250	108 588	271 355	112 500	64 000
Other Taxation Social Security Payable			66 754	76 483	143 422	220 739	285 013	352 838	308 996
Par Value Share		1	1	1
Property Plant Equipment Gross Cost		2 468 177	3 047 023	6 621 174	6 969 376	7 557 512	7 931 897	8 466 073	8 869 023
Provisions For Liabilities Balance Sheet Subtotal		116 036	95 977	73 938	106 097	116 098	236 770	305 269	331 894
Total Additions Including From Business Combinations Property Plant Equipment			578 846	3 592 151	496 452	696 724	645 740	646 676	466 950
Total Assets Less Current Liabilities	1 862 029	2 617 666	2 812 238	4 511 704	5 166 813	5 967 030	7 624 885	9 084 934	10 354 099
Trade Creditors Trade Payables		893 155	754 098	1 317 312	1 317 918	874 632	1 560 930	2 336 696	2 100 441
Trade Debtors Trade Receivables		667 033	818 048	880 596	913 208	490 574	1 024 247	1 211 274	1 192 043
Creditors Due Within One Year	1 447 358	1 760 114
Number Shares Allotted		100
Provisions For Liabilities Charges	111 932	116 036
Share Capital Allotted Called Up Paid	100	100
Tangible Fixed Assets Additions		965 812
Tangible Fixed Assets Cost Or Valuation	1 598 365	2 468 177
Tangible Fixed Assets Depreciation	689 360	999 803
Tangible Fixed Assets Depreciation Charged In Period		399 492
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		89 049
Tangible Fixed Assets Disposals		96 000