Spaw Engineering Limited in Leicester, LE7 1NL

Description

Data updated on: 01-11-2023

Spaw Engineering is a business registered at LE7 1NL Leicester at 365 Fosse Way. This enterprise was formed in 1965 and is registered as reg. no. 00852576. This enterprise has been actively competing on the UK market for 59 years now and the state is active. This company's SIC code is 29320: Manufacture of other parts and accessories for motor vehicles. October 31, 2022 is the last time company accounts were reported.

Currently, the limited company is directed by a solitary director: Christopher S., who was selected to lead the company in October 2016. Photos H. had been managing the limited company up until the resignation on 2016-06-30. In addition a different director, namely Andrew R. gave up the position in October 2016. To help the directors in their tasks, this specific limited company has been utilizing the expertise of Christopher S. as a secretary since October 2016.

Christopher S. is the individual with significant control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31
Currency

Balance Sheet
Cash Bank On Hand	240 013	977 287	680 638	942 485	1 628 946
Current Assets	2 998 948	3 384 886	3 216 483	3 858 362	4 310 034
Debtors	1 891 336	1 859 595	1 883 270	2 135 518	1 950 321
Net Assets Liabilities	859 614	1 246 912	1 124 725	1 724 698	2 405 817
Other Debtors		8 423
Property Plant Equipment	724 263	803 124	787 376	851 902	732 481
Total Inventories	867 599	548 004	652 575	780 359	730 767

Other Financial Data
Audit Fees Expenses		9 250	8 240	12 115	11 580
Director Remuneration	48 000	48 000	62 976	94 584	148 000
Amount Specific Advance Or Credit Directors			24 671
Amount Specific Advance Or Credit Made In Period Directors			24 671
Amount Specific Advance Or Credit Repaid In Period Directors				24 671
Accrued Liabilities Deferred Income	301 368	394 740	270 319	278 174	424 395
Accumulated Depreciation Impairment Property Plant Equipment	929 289	1 056 276	1 149 024	652 182	817 363
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		5 161	855	44 150	-11 500
Administrative Expenses	836 190	969 048	971 920	1 006 766	1 208 102
Amounts Owed To Group Undertakings	551 044	598 029	596 279	664 180	264 180
Applicable Tax Rate	19	19	19	19	19
Average Number Employees During Period	126	118	92	91	86
Bank Borrowings Overdrafts	1 509	1 683	222	450	450
Bank Overdrafts	1 509	1 683	222	450	450
Cash Cash Equivalents Cash Flow Value	238 504	975 604	680 416	942 035	1 628 496
Comprehensive Income Expense	249 277	487 298	-122 187	699 973	981 119
Corporation Tax Payable	48 640	112 481		86 826	242 689
Cost Sales	9 596 357	9 399 574	6 959 985	9 065 279	10 387 255
Creditors	220 507	152 101	19 500	111 128	41 552
Current Tax For Period	48 640	112 481	-29 746	86 826	242 689
Depreciation Amortisation Expense	80 871	126 987	136 871	149 272	165 181
Depreciation Expense Property Plant Equipment	80 871	25 651	35 535	117 229	115 687
Dividends Paid		100 000		100 000	300 000
Dividends Paid Classified As Financing Activities		-100 000		-100 000	-300 000
Dividends Paid On Shares Interim		100 000		100 000	300 000
Finance Lease Liabilities Present Value Total	220 507	152 101	134 150	86 152	66 652
Further Item Interest Expense Component Total Interest Expense	1 172	8 617	7 445	7 647	3 837
Further Item Operating Income Component Total Other Operating Income		9 422
Further Operating Expense Item Component Total Operating Expenses	5 857 466	1 500	1 500
Future Minimum Lease Payments Under Non-cancellable Operating Leases	4 426	140 000	150 000	155 000	155 000
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	310 408	-419 855	232 831	-136 303	-7 080
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-200 669	541 741	30 805	-306 728	185 197
Gross Profit Loss	1 148 217	1 573 639	672 832	1 863 795	2 357 132
Income Taxes Paid Refund Classified As Operating Activities	-102 364	-49 014	-112 544	-4	-86 826
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-262 048	737 100	-295 188	261 619	686 461
Increase Decrease In Current Tax From Adjustment For Prior Periods	-61			29 813
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	112 781	-319 595	104 571	127 784	-49 592
Increase From Depreciation Charge For Year Property Plant Equipment		126 987	136 871	149 272	165 181
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	4 281	8 617	7 445	7 647	3 837
Interest Paid Classified As Operating Activities	-1 172	-82
Interest Payable Similar Charges Finance Costs	5 453	8 699	7 445	7 647	3 837
Net Cash Flows From Used In Financing Activities	171 860	181 820	206 379	-36 202	786 151
Net Cash Flows From Used In Investing Activities	372 227	205 848	116 733	213 798	45 760
Net Cash Flows From Used In Operating Activities	-282 039	-1 124 768	-27 924	-442 140	-1 518 372
Net Cash Generated From Operations	-389 856	-1 182 481	-147 913	-449 791	-1 609 035
Net Current Assets Liabilities	377 192	622 384	384 199	1 052 499	1 774 888
Number Shares Issued Fully Paid		250	250	250	250
Operating Profit Loss	312 027	614 013	-143 633	868 409	1 216 145
Other Creditors	341	341	966	181	1 599
Other Deferred Tax Expense Credit	8 596	5 161	855	44 150	-11 500
Other Operating Income Format1		9 422	155 455	11 380	67 115
Other Taxation Social Security Payable	305 957	351 818	358 544	299 606	313 327
Par Value Share		1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-171 860	-81 820	-179 958	43 630	-86 151
Pension Other Post-employment Benefit Costs Other Pension Costs	27 984	42 506	42 389	53 402	51 297
Prepayments Accrued Income	49 161	74 549	69 708	77 723	87 524
Profit Loss	249 277	487 298	-122 187	699 973	981 119
Profit Loss On Ordinary Activities Before Tax	306 574	605 314	-151 078	860 762	1 212 308
Property Plant Equipment Gross Cost	1 653 552	1 859 400	1 936 400	1 504 084	1 549 844
Provisions	21 334	26 495	27 350	71 500	60 000
Provisions For Liabilities Balance Sheet Subtotal	21 334	26 495	27 350	71 500	60 000
Purchase Property Plant Equipment	-372 227	-205 848	-145 229	-277 298	-45 760
Raw Materials	690 434	322 375	521 289	760 241	662 470
Social Security Costs	227 540	226 871	197 830	220 349	256 519
Staff Costs Employee Benefits Expense	2 999 626	2 939 191	2 431 279	2 684 894	3 014 702
Tax Decrease From Utilisation Tax Losses		64		23 430
Tax Expense Credit Applicable Tax Rate	58 249	115 010	-28 705	163 545	230 339
Tax Increase Decrease From Effect Capital Allowances Depreciation		3 070	-359	-9 937	10 397
Tax Tax Credit On Profit Or Loss On Ordinary Activities	57 297	118 016	-28 891	160 789	231 189
Total Additions Including From Business Combinations Property Plant Equipment		205 848	145 229	277 298	45 760
Total Assets Less Current Liabilities	1 101 455	1 425 508	1 171 575	1 904 401	2 507 369
Total Borrowings	416 937	335 291	153 872	197 730	108 654
Total Current Tax Expense Credit	48 701	112 855	-29 746	116 639	242 689
Trade Creditors Trade Payables	1 217 976	1 121 903	1 471 804	1 387 370	1 221 854
Trade Debtors Trade Receivables	1 332 886	1 266 623	1 049 082	1 347 795	1 152 797
Turnover Revenue	10 744 574	10 973 213	7 632 817	10 929 074	12 744 387
Wages Salaries	2 744 102	2 669 814	2 191 060	2 411 143	2 706 886
Work In Progress	177 165	225 629	131 286	20 118	68 297
Amounts Owed By Other Related Parties Other Than Directors					710 000
Corporation Tax Recoverable			29 809
Deferred Tax Liabilities				27 350	27 350
Disposals Decrease In Depreciation Impairment Property Plant Equipment			44 123	646 114
Disposals Property Plant Equipment			68 229	709 614
Dividends Paid On Shares Final				100 000
Gain Loss On Disposal Assets Income Statement Subtotal			4 390
Gain Loss On Disposals Property Plant Equipment			4 390
Increase Decrease In Property Plant Equipment				239 950
Key Management Personnel Compensation Total		54 624	70 442	191 622	187 989
Proceeds From Sales Property Plant Equipment			-28 496	-63 500
Rental Leasing Income			3 740	6 880	11 580
Repayments Borrowings Classified As Financing Activities			-1 750	67 901	-400 000
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			173	798	1 970