Southwark Metals Limited in London, SE8 5JE

Description

Data updated on: 01-11-2023

Southwark Metals came into being in 1982 as a company enlisted under no 01651205, located at SE8 5JE London at 158 Trundleys Road. It has been in business for 42 years and its state is active. The enterprise's SIC code is 38320 and has the NACE code: Recovery of sorted materials. The business latest filed accounts documents cover the period up to September 30, 2022 and the latest confirmation statement was released on October 23, 2022.

Southwark Metals Ltd is a medium-sized vehicle operator with the licence number OK0209545. The firm has one transport operating centre in the country. In their subsidiary in London on Sandgate Street, 8 machines and 2 trailers are available.

Thomas P. is this specific firm's single director, who was formally appointed in 2006. That firm had been managed by Donna P. till ten years ago. Furthermore another director, specifically Carmel S. resigned thirty years ago. To support the directors in their duties, this specific firm has been using the skills of Nicola P. as a secretary for the last twenty nine years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-09-30	2014-09-30	2015-09-30	2016-09-30
Currency
Net Worth	2 467 654	2 447 007

Balance Sheet
Cash Bank On Hand			512 707	900 020
Debtors	2 185 731	863 199	774 607	483 878
Other Debtors	1 777 069	126 155	51 748	152 535
Property Plant Equipment			958 986	608 000
Total Inventories			29 171	41 072
Cash Bank In Hand	402 362	4 216 836
Current Assets	2 667 610	5 102 512
Stocks Inventory	79 517	22 477
Tangible Fixed Assets	2 340 037	1 181 769
Trade Debtors	23 392	303 598

Capital & Reserves
Called Up Share Capital	101	101
Profit Loss Account Reserve	2 467 553	2 446 906
Shareholder Funds	2 467 654	2 447 007

Other Financial Data
Audit Fees Expenses			21 000	22 500
Accrued Liabilities Deferred Income			59 750	24 801
Accumulated Depreciation Impairment Property Plant Equipment			1 003 999	1 168 362
Additions Other Than Through Business Combinations Property Plant Equipment				13 218
Administrative Expenses	2 428 464	2 681 929	1 717 436	1 567 267
Average Number Employees During Period			20	16
Bank Borrowings Overdrafts	700 000	1 498 816	2 163 095
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment			301 121	195 121
Corporation Tax Payable			222 632	170 769
Cost Sales	9 724 673	8 947 534	7 671 394	4 930 265
Creditors			2 599 071	226 789
Current Tax For Period			154 623	170 769
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period			34 424	-37 600
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			34 424	-37 600
Depreciation Expense Property Plant Equipment			128 179	112 181
Dividends Paid			80 000
Dividends Paid Classified As Financing Activities			-80 000
Finance Lease Liabilities Present Value Total			435 976	226 789
Finance Lease Payments Owing Minimum Gross			606 773	371 238
Finished Goods Goods For Resale	79 517	22 477	29 171	41 072
Further Item Tax Increase Decrease Component Adjusting Items			3 861	-2 238
Gain Loss On Disposals Property Plant Equipment			46 981	11 192
Gross Profit Loss	2 972 781	2 861 578	2 494 351	2 302 089
Income Taxes Paid Refund Classified As Operating Activities				-222 632
Increase From Depreciation Charge For Year Property Plant Equipment				293 396
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			245 827	25 467
Interest Payable Similar Charges Finance Costs			143 014	138 814
Net Cash Flows From Used In Operating Activities			4 453 562	-542 195
Net Cash Generated From Operations			4 310 548	-903 641
Net Interest Paid Received Classified As Operating Activities			-143 014	-138 814
Operating Profit Loss	544 317	197 293	781 425	757 337
Other Creditors			99 525	2 578 993
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				129 033
Other Disposals Property Plant Equipment				199 841
Other Operating Income Format1			4 510	22 515
Other Remaining Borrowings			2 163 095
Other Taxation Social Security Payable			503 441	526 080
Payments Finance Lease Liabilities Classified As Financing Activities			-63 986	-235 535
Prepayments Accrued Income			63 875	102 107
Proceeds From Borrowings Classified As Financing Activities				-2 800 000
Proceeds From Sales Property Plant Equipment			-149 392	-82 000
Profit Loss			449 364	485 354
Profit Loss On Ordinary Activities Before Tax	491 249	192 780	638 411	618 523
Property Plant Equipment Gross Cost			1 962 985	1 776 362
Purchase Property Plant Equipment			-214 102	-13 218
Repayments Borrowings Classified As Financing Activities			958 129
Social Security Costs	20 905	23 836	36 848	43 655
Staff Costs Employee Benefits Expense			454 117	539 734
Taxation Including Deferred Taxation Balance Sheet Subtotal			85 500	47 900
Tax Increase Decrease From Effect Capital Allowances Depreciation			-1 457	37 832
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			33 933	11 470
Tax Tax Credit On Profit Or Loss On Ordinary Activities			189 047	133 169
Trade Creditors Trade Payables			310 025	275 245
Trade Debtors Trade Receivables			750 159	367 517
Turnover Revenue			10 165 745	7 232 354
Wages Salaries	240 742	301 995	417 269	496 079
Total Fees To Auditors	5 500
Company Contributions To Money Purchase Schemes Directors	621 240
Director Remuneration Benefits Including Payments To Third Parties	15 120	16 869
Accruals Deferred Income Within One Year	28 000	428 667
Adjustment For Prior Periods Leading To An Increase Decrease In Tax Charge		3 597
Cash Flow Outflow Before Management Liquid Resources Financing	1 151 005	2 360 253
Corporation Tax Due Within One Year	150 289	68 009
Creditors Due After One Year	951 716	2 008 564
Creditors Due Within One Year	1 579 022	1 777 634
Depreciation Tangible Fixed Assets Expense	178 021	396 118
Difference Between Accumulated Depreciation Amortisation Capital Allowances	9 255	51 076
Expenses Not Deductible For Tax Purposes	55 922	81 330
Gain Loss From Disposal Tangible Fixed Assets	100 310	-91 356
Increase Decrease In Net Cash For Period	1 022 701	3 814 474
Increase Decrease In U K Corporation Tax Arising From Adjustment For Prior Periods		3 597
Interest Payable Similar Charges	53 068	61 124
Land Buildings Operating Leases Expiring Between Two Five Years	-177 650	-172 237
Loans From Directors		40 941
Net Assets Liability Excluding Pension Asset Liability	2 467 654	2 447 007
Net Current Assets Liabilities	1 088 588	3 324 878
Net Debt Funds	644 176	1 716 077
Net Increase Decrease In Shareholders Funds	-19 294	-20 647
Number Shares Allotted		1
Obligations Under Finance Lease Hire Purchase Contracts After One Year	251 716	509 748
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	94 822	161 011
Obligations Under Finance Leases Hire Purchase Contracts Between One To Two Years	-700 000	-347 743
Obligations Under Finance Leases Hire Purchase Contracts Between Two To Five Years		-1 151 073
Other Creditors Due Within One Year	535 564	363 159
Other Interest Receivable		56 611
Other Interest Receivable Similar Income		56 611
Other Operating Income		17 644
Other Taxation Social Security Within One Year	654 916	489 003
Par Value Share		1
Pension Costs	621 240	460 000
Pensions Costs Defined Contribution Schemes	621 240	460 000
Prepayments Accrued Income Current Asset	385 270	433 446
Profit Loss For Period	331 705	79 353
Provisions Charged Credited To Profit Loss Account During Period		41 821
Provisions For Liabilities Charges	9 255	51 076
Secured Debts		-331 184
Share Capital Allotted Called Up Paid	1	1
Short-term Borrowing Charges Including Bank Interest	12 216	16 092
Staff Costs	882 887	785 831
Tangible Fixed Assets Additions		821 244
Tangible Fixed Assets Cost Or Valuation	2 839 031	1 930 918
Tangible Fixed Assets Depreciation	498 994	749 149
Tangible Fixed Assets Depreciation Charged In Period	-69 881	396 118
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		145 963
Tangible Fixed Assets Depreciation Increase Decrease From Exchange Adjustments		-50 672
Tangible Fixed Assets Disposals		1 729 357
Tangible Fixed Assets Increase Decrease From Exchange Adjustments		-254 930
Taxation Expense Credit	150 289	153 886
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	-117 900	-42 412
Tax On Profit Or Loss On Ordinary Activities	159 544	113 427
Total Assets Less Current Liabilities	3 428 625	4 506 647
Total Dividend Payment	351 000	100 000
Total U K Foreign Current Tax After Adjustments Relief	150 289	71 606
Trade Creditors Within One Year	115 431	226 844
Turnover Gross Operating Revenue	12 697 454	11 809 112
U K Current Corporation Tax	-150 289	-71 606
U K Current Corporation Tax On Income For Period	150 289	68 009