Solent Protective Coatings Limited in Southampton, SO14 5JF

Description

Data updated on: 01-11-2023

Solent Protective Coatings came into being in 2009 as a company enlisted under no 06939131, located at SO14 5JF Southampton at Solent Protective Coatings Tredegar Wharf. The company has been in business for fifteen years and its current state is active. Solent Protective Coatings Limited was registered 14 years from now under the name of Coastline Preservation. This business's SIC and NACE codes are 25610 and has the NACE code: Treatment and coating of metals. Solent Protective Coatings Ltd reported its latest accounts for the financial period up to 2022-06-30. The most recent annual confirmation statement was submitted on 2023-06-15.

As the information gathered suggests, this limited company was formed in June 2009 and has so far been overseen by five directors, and out this collection of individuals two (Ilja M. and David S.) are still in the management.

David S. is the individual who controls this firm, owns over 3/4 of company shares.

Previous company's names
Solent Protective Coatings Limited 2010-04-20
Coastline Preservation Limited 2009-06-19

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	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	57 710	92 701	160 302	273 916	361 382	463 942

Balance Sheet
Cash Bank On Hand						177 788	192 075	438 048	435 852	387 681	420 205	265 131	309 537
Current Assets	149 004	268 029	278 951	415 923	556 058	675 259	691 324	862 312	887 399	729 983	1 045 638	1 092 353	1 165 824
Debtors	104 125	196 918	188 730	303 168	412 951	452 471	454 249	379 264	371 547	257 302	540 433	732 222	661 287
Net Assets Liabilities						463 942	654 174	864 295	847 581	832 934	917 207	851 255	756 950
Other Debtors						21 074	18 026	45 600	24 984	22 042	142 013	177 997	98 998
Property Plant Equipment						295 401	337 762	368 449	300 993	402 653	434 773	329 218	405 923
Total Inventories						45 000	45 000	45 000	80 000	85 000	85 000	95 000
Cash Bank In Hand	19 679	45 911	65 021	67 755	123 107	177 788
Net Assets Liabilities Including Pension Asset Liability	57 710	92 701	160 302	273 916	361 382	463 942
Stocks Inventory	25 200	25 200	25 200	45 000	20 000	45 000
Tangible Fixed Assets	71 821	91 097	102 721	150 279	209 063	295 400

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	57 610	92 601	160 202	273 816	361 282	463 842
Shareholder Funds	57 710	92 701	160 302	273 916	361 382	463 942

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						212 238	276 617	342 764	436 219	546 318	639 062	788 802	848 148
Additions Other Than Through Business Combinations Property Plant Equipment							174 191	182 904	30 749	237 399	175 740	44 185	551 989
Administrative Expenses							550 666	604 171
Average Number Employees During Period									18	18	23	24	25
Bank Borrowings Overdrafts						5 144	10 068				50 000	42 500	32 500
Corporation Tax Payable						38 499	62 097					16 327	24 030
Corporation Tax Recoverable						18 449	19 010					31 372	29 285
Cost Sales							904 056	1 073 753
Creditors						47 017	31 387	305 896	291 617	23 425	73 425	57 226	94 693
Dividends Paid Classified As Financing Activities						-56 700	-53 150	-40 000
Finance Lease Liabilities Present Value Total										23 425	23 425	14 726	62 193
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities						7 581	-2 037	14 429
Future Minimum Lease Payments Under Non-cancellable Operating Leases								45 000	45 000	45 000	45 000	45 000	45 000
Income Taxes Paid Refund Classified As Operating Activities						-30 939	-39 059	-69 702
Increase From Depreciation Charge For Year Property Plant Equipment							61 719	89 874	94 168	110 099	110 949	149 740	147 421
Interest Payable Similar Charges Finance Costs						4 704	5 155	2 195
Interest Received Classified As Investing Activities						-65	-123	-113
Net Cash Flows From Used In Operating Activities						-267 274	-189 394
Net Cash Generated From Operations						-302 917	-233 608
Net Current Assets Liabilities	2 458	33 085	82 212	170 087	242 429	269 454	402 347	556 416	595 782	500 954	605 281	608 819	480 767
Net Finance Income Costs						65	123	113
Net Interest Paid Received Classified As Operating Activities						-4 704	-5 155	-2 195
Number Shares Issued Fully Paid							10	10
Other Creditors						41 873	21 319	58 574	44 751	38 162	35 548	49 211	5 211
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment							-2 660	23 726	713		18 205		88 075
Other Disposals Property Plant Equipment							67 450	86 071	4 750	25 640	50 876		415 938
Other Interest Receivable Similar Income Finance Income							123	113
Other Taxation Social Security Payable						79 309	44 864	124 831	101 787	61 160	59 288	55 041	93 549
Par Value Share		1	1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities						-688	-3 552	-26 381
Prepayments Accrued Income												20 607	23 420
Proceeds From Sales Property Plant Equipment						-21 575	-53 626	-58 678
Profit Loss On Ordinary Activities Before Tax							306 132	313 656
Property Plant Equipment Gross Cost						507 638	614 379	711 213	737 212	948 971	1 073 835	1 118 020	1 254 071
Provisions For Liabilities Balance Sheet Subtotal						53 895	54 548	60 570	49 194	47 248	49 422	29 556	35 047
Purchase Property Plant Equipment						-169 264	-174 191	-182 906
Taxation Including Deferred Taxation Balance Sheet Subtotal								60 570	49 194	47 248	49 422	29 556	35 047
Tax Tax Credit On Profit Or Loss On Ordinary Activities						50 581	62 750	63 535
Total Assets Less Current Liabilities	74 279	124 182	184 933	320 366	451 492	564 854	740 109	924 865	896 775	903 607	1 040 054	938 037	886 690
Trade Creditors Trade Payables						245 306	100 897	122 491	145 079	129 707	345 521	362 955	493 955
Trade Debtors Trade Receivables						412 949	417 213	333 664	346 563	235 260	398 420	554 225	509 584
Creditors Due After One Year	11 586	13 262	4 087	16 394	48 297	47 017
Creditors Due Within One Year	146 546	234 944	196 739	245 836	313 629	405 805
Number Shares Allotted		10	10	10	10	10
Provisions For Liabilities Charges	4 983	18 219	20 544	30 056	41 813	53 895
Share Capital Allotted Called Up Paid	100	10	10	10	10	10
Tangible Fixed Assets Additions		40 876	40 977	114 913	115 982	169 264
Tangible Fixed Assets Cost Or Valuation	92 054	132 930	167 657	248 517	357 199	507 638
Tangible Fixed Assets Depreciation	20 233	41 833	64 936	98 238	148 136	212 238
Tangible Fixed Assets Depreciation Charged In Period		21 600	26 853	40 503	53 183	64 102
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			3 750	7 201	3 285
Tangible Fixed Assets Disposals			6 250	34 053	7 300	18 825
Advances Credits Directors	59 468	68 373	12 342	258	6 705	6 355
Advances Credits Made In Period Directors	4 323		108 131	60 584	3 553
Advances Credits Repaid In Period Directors		8 905	52 100	48 500	10 000