Sovrin Plastics Limited in Slough, SL1 4ST

Description

Data updated on: 01-11-2023

Sovrin Plastics is a firm registered at SL1 4ST Slough at 705 Stirling Road. The enterprise has been operating since 1969 and is registered as reg. no. 00958135. The enterprise has been operating on the UK market for 55 years now and the status at the time is active. The company's Standard Industrial Classification Code is 22290 which means Manufacture of other plastic products. Sovrin Plastics Ltd reported its latest accounts for the period that ended on 2021-12-31. The firm's most recent annual confirmation statement was submitted on 2023-04-04.

Sovrin Plastics Ltd is a small-sized vehicle operator with the licence number OH0210530. The firm has one transport operating centre in the country. In their subsidiary in Slough , 2 machines are available.

With five job advert since October 7, 2015, Sovrin Plastics has been an active employer on the labour market. On January 17, 2017, it was searching for new employees for a full time Driver/Storesperson post in Slough, and on October 27, 2015, for the vacant post of a full time Quality Engineer in Slough. They look for applicants on such positions as: Electrical/Mechanical Fitter and Warehouse Operative.

The details describing the following firm's members indicates a leadership of four directors: James J., Keith R., Andrew R. and Peter J. who became members of the Management Board on 2023-03-26, 2011-08-01 and 1998-12-16. In order to provide support to the directors, this particular limited company has been utilizing the skills of James J. as a secretary since the appointment on 2022-12-19.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	3 254 560	5 039 024	5 147 925	5 974 884	5 948 435	5 335 218
Current Assets	6 939 898	8 041 856	8 347 006	8 777 632	8 641 643	8 602 281
Debtors	2 992 794	2 186 126	2 211 690	1 627 231	1 246 635	1 730 488
Net Assets Liabilities	10 780 605	11 252 996	11 283 218	11 459 460	11 359 705	11 610 790
Other Debtors	49 554		1 573	3 000	52 964	59 111
Property Plant Equipment	4 982 589	4 746 882	4 421 668	4 443 228	4 104 425	4 150 522
Total Inventories	692 544	816 706	987 391	1 175 517	1 446 573	1 536 575

Other Financial Data
Audit Fees Expenses	5 000	5 000	6 000	6 500	7 500	10 500
Other Non-audit Services Fees	10 048	9 850	11 221	11 587	12 750	15 700
Accumulated Depreciation Impairment Property Plant Equipment	6 860 016	7 024 797	7 437 462	7 875 105	8 170 859	8 538 440
Additional Provisions Increase From New Provisions Recognised		112 601
Additions Other Than Through Business Combinations Property Plant Equipment		222 574	87 451	467 203	300	444 955
Administration Support Average Number Employees	9	8	9	9	9	5
Administrative Expenses	692 867	1 077 254	1 117 487	1 209 923	1 117 167	1 052 567
Amounts Owed To Related Parties	29 515	31 197	28 155	30 527	29 747	6 367
Applicable Tax Rate	19	19	19	19	19	19
Average Number Employees During Period	115	113	110	110	101	99
Balances With Banks	41 255	73 916	40 711	84 096	100 685	65 513
Bank Borrowings Overdrafts	-14 479		-23 049	-151 545
Cash Cash Equivalents	3 254 560	5 039 024	5 147 925	5 974 884	5 948 435	5 335 218
Cash Cash Equivalents Cash Flow Value	3 240 081	5 039 024	5 124 876	5 823 339	5 948 435
Cash On Hand	793	696	774	567	850	649
Comprehensive Income Expense	517 632	472 391	30 222	176 242	-99 755	251 085
Cost Sales	9 248 569	9 413 331	8 875 454	10 508 455	8 087 153	8 784 535
Creditors	957 278	1 238 537	1 170 689	1 413 445	919 584	629 153
Current Tax For Period		3 433
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	55 989	112 601	17 562	33 188	118 824	46 081
Depreciation Amortisation Expense	456 394	447 813	412 666	445 644	339 105	398 858
Depreciation Expense Property Plant Equipment	456 394	447 813	412 666	445 644	339 105	398 858
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-283 032		-8 000	-43 349	-31 277
Disposals Property Plant Equipment		-293 500		-8 000	-43 349	-31 277
Distribution Costs	227 168	229 228	245 201	187 741	179 986	214 652
Finished Goods Goods For Resale	390 589	433 780	494 904	620 182	693 932	501 118
Future Minimum Lease Payments Under Non-cancellable Operating Leases	13 142 192	12 548 869	11 955 546	12 567 930	11 906 460	11 244 990
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	57 336	-292 304	87 464	-114 260	342 316	290 431
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	591 587	-806 669	25 565	-584 458	-380 594	483 853
Gain Loss In Cash Flows From Change In Inventories	-5 667	124 162	170 685	188 126	271 056	90 002
Gain Loss On Disposals Property Plant Equipment	13 277	8 832		8 000	11 350	7 250
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss	-8 512	-71 319	26 162	-47 790	2 534	4 665
Gross Profit Loss	1 452 034	1 852 646	1 384 993	1 605 082	1 314 871	1 550 174
Income Taxes Paid Refund Classified As Operating Activities	-32 002	-24 193	3 433
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-159 751	1 798 943	85 852	698 463	125 096	-613 217
Increase Decrease In Current Tax From Adjustment For Prior Periods	-32 002	-24 193
Increase Decrease In Existing Provisions			17 562	33 188	118 824	46 081
Increase From Depreciation Charge For Year Property Plant Equipment		447 813	412 665	445 643	339 103	398 858
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss				7 863
Interest Income On Bank Deposits	9 193	17 768	25 479	9 875	1 351	14 211
Interest Paid Classified As Financing Activities				-7 863
Interest Paid Classified As Operating Activities				7 863
Interest Payable Similar Charges Finance Costs				7 863
Interest Received Classified As Investing Activities	9 620	18 068	25 479	9 875	1 351	14 211
Interest Received Classified As Operating Activities	9 620	18 068	25 479	9 875	1 351	14 211
Net Cash Flows From Used In Investing Activities	-305 881	-185 206	-61 972	-449 328	12 401	-423 494
Net Cash Flows From Used In Operating Activities	146 130	1 984 149	147 824	1 155 654	112 695	-189 723
Net Cash Generated From Operations	114 128	1 959 956	151 257	1 155 654
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	975 116	985 145	434 971	645 062	345 473	674 563
Net Current Assets Liabilities	5 982 620	6 803 319	7 176 317	7 364 187	7 722 059	7 973 128
Nominal Value Allotted Share Capital	2 550	2 550	2 550	2 550	2 550	2 550
Number Shares Issued Fully Paid	2 550	2 550	2 550	2 550	2 550	2 550
Operating Profit Loss	531 999	546 164
Other Creditors	6 554	119 608	8 619	22 816	908
Other Employee Expense	32 173	60 767	36 529	21 838	16 591	16 216
Other Finance Income	427	300
Other Interest Receivable Similar Income Finance Income	9 620	18 068	25 479	9 875	1 351	14 211
Other Payables Accrued Expenses	218 055	343 466	300 287	307 331	263 377	173 549
Par Value Share		1	1	1	1	1
Pension Costs Defined Contribution Plan	155 865	161 650	162 966	174 728	83 764	222 444
Prepayments	191 933	193 257	191 682	206 351	206 031	206 732
Proceeds From Sales Property Plant Equipment	37 600	19 300		8 000	11 350	7 250
Production Average Number Employees	106	105	101	101	92	94
Profit Loss	517 632	472 391	30 222	176 242	-99 755	251 085
Profit Loss On Ordinary Activities Before Tax	541 619	564 232	47 784	209 430	19 069	297 166
Property Plant Equipment Gross Cost	11 842 605	11 771 679	11 859 130	12 318 333	12 275 284	12 688 962
Provisions	184 604	297 205	314 767	347 955	466 779	512 860
Provisions For Liabilities Balance Sheet Subtotal	184 604	297 205	314 767	347 955	466 779	512 860
Purchase Property Plant Equipment	-353 101	-222 574	-87 451	-467 203	-300	-444 955
Raw Materials Consumables	301 955	382 926	492 487	555 335	752 641	1 035 457
Redundancy Costs					63 134
Short-term Deposits Classified As Cash Equivalents	3 212 512	4 964 412	5 106 440	5 890 221	5 846 900	5 269 056
Social Security Costs	360 569	368 805	375 196	398 407	404 425	390 362
Staff Costs Employee Benefits Expense	4 087 653	4 175 614	4 256 420	4 415 240	4 289 816	4 177 560
Taxation Social Security Payable	329 295	280 721	524 628	182 583	194 385	140 126
Tax Decrease From Tax Losses For Which No Deferred Tax Asset Was Recognised	55 989	112 602
Tax Decrease From Utilisation Tax Losses	-21 487	-50 520	15 736	35 065	-8 162
Tax Expense Credit Applicable Tax Rate	102 908	107 204	9 079	39 792	3 623	56 462
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-32 002	-24 193
Tax Increase Decrease From Effect Capital Allowances Depreciation	-79 809	-58 581	-24 815	-74 857	4 539	-79 182
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	-1 612	5 329
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward		112 602	17 562			22 720
Tax Increase Decrease From Other Short-term Timing Differences			17 562	33 188	118 824	46 081
Tax Tax Credit On Profit Or Loss On Ordinary Activities	23 987	91 841	17 562	33 188	118 824	46 081
Total Assets Less Current Liabilities	10 965 209	11 550 201	11 597 985	11 807 415	11 826 484	12 123 650
Total Borrowings	14 479		23 049	151 545
Trade Creditors Trade Payables	338 359	452 420	277 043	709 929	422 623	302 876
Trade Debtors Trade Receivables	2 751 307	1 992 869	2 018 435	1 417 880	987 640	1 464 645
Turnover Revenue	10 700 603	11 265 977	10 260 447	12 113 537	9 402 024	10 334 709
Unpaid Contributions To Pension Schemes	21 021	7 692	8 908	8 714	8 544	6 235
Wages Salaries	3 539 046	3 584 392	3 681 729	3 820 267	3 721 902	3 548 538
Company Contributions To Money Purchase Plans Directors	63 555	96 000	66 000	59 588	20 000	71 556
Director Remuneration	327 312	409 831	432 400	442 400	442 400	348 340

Peter J. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Peter J.

Notified on 1 July 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 December 2021
Confirmation statement next due date	18 April 2024
Confirmation statement last made up date	04 April 2023

Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Driver/Storesperson in Slough, posted on Tuesday 17th January 2017
Region / City	Home Counties, Slough
Industry	medical supplies
Job type	full time


Warehouse Operative in Slough, posted on Wednesday 21st September 2016
Region / City	Home Counties, Slough
Industry	medical supplies
Experience	at least one year
Work hours	Overtime
Job type	full time
Career level	none
Education level	a GCSE (Scottish or equivalent)


Electrical/Mechanical Fitter in Slough, posted on Tuesday 27th October 2015
Region / City	Home Counties, Slough
Industry	medical supplies
Experience	at least five years
Work hours	Temporary contract
Job type	full time
Career level	experienced (non-managerial)
Education level	a HND/HNC or equivalent


Quality Engineer in Slough, posted on Tuesday 27th October 2015
Region / City	Home Counties, Slough
Industry	medical supplies
Experience	at least two years
Job type	full time
Career level	experienced (non-managerial)
Education level	a HND/HNC or equivalent


Driver/Storesperson in Slough, posted on Wednesday 7th October 2015
Region / City	Home Counties, Slough
Industry	medical supplies
Job type	full time
Career level	none
Job contact info	The manager

Sovrin Plastics Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

James J.

James J.

Keith R.

Andrew R.

Peter J.

Peter J.

Martin L.

Alan S.

Norman J.

People with significant control

Peter J.

Accounts Documents

Company Vehicle Operator Data

698-700 Stirling Road

City

Postal code

No. of Vehicles

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