Smith's Environmental Products Limited in South Woodham Ferrers, CM3 5UW

Description

Data updated on: 01-11-2023

Smith's Environmental Products Limited with the registration number 02607831 has been operating on the market for thirty three years. This Private Limited Company can be reached at Units 1 & 2, Blackall Industrial Estate, South Woodham Ferrers and its post code is CM3 5UW. The firm's SIC code is 27510: Manufacture of electric domestic appliances. Saturday 31st December 2022 is the last time when account status updates were reported.

The following limited company owes its success and unending growth to a group of two directors, namely Keith S. and Thomas S., who have been running it for six years. Additionally, the managing director's duties are regularly helped with by a secretary - Darren R., who was chosen by this specific limited company eight years ago.

The companies with significant control over this firm are: Vent Rite Valve Corporation owns over 3/4 of company shares. This business can be reached in Michigan at Benton Harbor and was registered as a PSC under the reg no 04-2820039.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-12-31	2022-12-31
Currency

Balance Sheet
Current Assets	3 223 292	3 511 554
Total Inventories	992 777	1 322 633

Other Financial Data
Audit Fees Expenses	22 945	23 360
Accrued Liabilities Deferred Income	103 299	148 700
Accumulated Amortisation Impairment Intangible Assets	300 362	304 464
Accumulated Depreciation Impairment Property Plant Equipment	2 094 875	438 751
Additions Other Than Through Business Combinations Intangible Assets	2 246	2 217
Additions Other Than Through Business Combinations Property Plant Equipment		22 141
Administration Support Average Number Employees	8	8
Administrative Expenses	1 119 906	1 135 861
Amortisation Expense Intangible Assets	4 129	4 102
Amounts Owed By Related Parties	2 783	2 796
Average Number Employees During Period	44	45
Balances Amounts Owed By Related Parties	198 586	-124 988
Balances With Banks	1 218 511	1 103 560
Cash Cash Equivalents	1 219 037	1 103 797
Cash On Hand	526	237
Comprehensive Income Expense	934 566	879 543
Cost Sales	3 864 043	4 293 146
Current Liabilities	1 175 334	1 398 894
Current Tax For Period	170 701	208 283
Current Tax Liabilities	170 701	208 283
Deferred Tax Expense Credit From Unrecognised Temporary Difference From Prior Period	-490	1 855
Deferred Tax Expense Credit Relating To Origination Reversal Temporary Differences	-490	1 855
Deferred Tax Liabilities	-2 871	-1 016
Depreciation Amortisation Expense	11 042	6 729
Depreciation Expense Property Plant Equipment	6 913	2 627
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-12 607
Disposals Property Plant Equipment		-12 607
Distribution Costs	615 717	644 590
Dividend Per Share Interim	550	714
Dividends Paid	-550 000	-713 939
Dividends Paid Classified As Financing Activities	-550 000	-713 939
Equity Liabilities	-3 240 742	-3 985 382
Finished Goods	170 195	174 250
Future Minimum Lease Payments Under Non-cancellable Operating Leases	591 096
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-32 108	74 918
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	261 381	-73 646
Gain Loss In Cash Flows From Change In Inventories	-251 421	-329 856
Gain Loss On Disposals Property Plant Equipment		2 730
Government Grant Income	8 186
Gross Profit Loss	2 617 312	2 907 974
Income From Related Parties	1 787 412	1 663 554
Income Taxes Paid Refund Classified As Operating Activities	-98 191	170 701
Income Tax Expense Credit	-43 925	210 138
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	425 480	-115 240
Increase Decrease In Current Tax From Adjustment For Prior Periods	-214 136
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Profit Or Loss		-1 855
Increase From Amortisation Charge For Year Intangible Assets	4 128	4 102
Increase From Depreciation Charge For Year Property Plant Equipment	6 913	438 751
Intangible Assets	17 447	15 562
Intangible Assets Gross Cost	317 809	320 026
Interest Expense On Lease Liabilities		-41 244
Interest Income On Bank Deposits	766	672
Interest Payable Similar Charges Finance Costs		41 244
Interest Received Classified As Investing Activities	766	672
Investments In Subsidiaries	2	2
Investments In Subsidiaries Joint Ventures Associates	2	2
Lease Liabilities		464 681
Lease Liabilities Current Liability		-111 060
Lease Liabilities Non-current Liability		-353 621
Net Cash Flows From Used In Financing Activities	-550 000	-863 008
Net Cash Flows From Used In Investing Activities	-1 480	-20 956
Net Cash Flows From Used In Operating Activities	976 960	768 724
Net Cash Generated From Operations	878 769	939 425
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	900 917	1 243 940
Net Deferred Tax Liability Asset	-2 871	-1 017
Net Finance Income Costs	766	-40 572
Non-current Assets	17 450	473 828
Non-current Liabilities	-2 871	352 605
Number Shares Issued Fully Paid	1 000	1 000
Operating Profit Loss	889 875	1 130 253
Other Interest Receivable Similar Income Finance Income	766	672
Other Operating Income	8 186
Other Operating Net Gain Loss		2 730
Other Payables	13 554	16 796
Other Receivables	3 515
Other Taxation Social Security Payable	42 203	52 713
Ownership Interest In Subsidiary Percent	100	100
Par Value Share		1
Payments Finance Lease Liabilities Classified As Financing Activities		-107 825
Payments To Related Parties	46 401	47 650
Pension Costs Defined Contribution Plan	36 847	36 802
Prepayments	100 506	111 215
Proceeds From Sales Property Plant Equipment		2 730
Production Average Number Employees	27	27
Profit Loss	934 566	879 543
Profit Loss Before Tax	890 641	1 089 681
Property Plant Equipment Excluding Right-of-use Assets	1	19 515
Property Plant Equipment Gross Cost	2 094 876	877 500
Property Plant Equipment Right-of-use Assets		438 749
Purchase Intangible Assets	-2 246	-2 217
Purchase Property Plant Equipment		-22 141
Raw Materials Consumables	686 149	1 026 269
Research Development Average Number Employees	3	4
Revenue From Sale Goods	6 481 355	7 201 120
Right-of-use Assets Balance Sheet Subtotal		438 749
Sales Marketing Distribution Average Number Employees	6	6
Staff Costs Employee Benefits Expense	1 752 313	1 857 386
Tax Expense Credit Applicable Tax Rate	168 271	211 613
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-214 136
Tax Increase Decrease From Effect Capital Allowances Depreciation	490	-5 279
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 940	1 949
Total Additions Including From Business Combinations Property Plant Equipment		877 500
Total Assets	3 240 742	3 985 382
Total Liabilities	-1 172 463	-1 751 499
Total Operating Lease Payments	125 040
Trade Creditors Trade Payables	845 577	861 342
Trade Debtors Trade Receivables	904 674	971 113
Trade Other Payables	1 004 633	1 079 551
Trade Other Receivables	1 011 478	1 085 124
Turnover Revenue	6 481 355	7 201 120
Wages Salaries	1 715 466	1 820 584
Work In Progress	136 433	122 114