Special Piping Materials Limited in Cheshire, SK16 4UU

Description

Data updated on: 01-11-2023

Special Piping Materials Limited with Companies House Reg No. 02307592 has been on the market for 36 years. This Private Limited Company is officially located at Unit 26,globe Ind Estate, Dukinfield in Cheshire and their post code is SK16 4UU. This firm's SIC and NACE codes are 46900 and has the NACE code: Non-specialised wholesale trade. 2022-12-31 is the last time when company accounts were reported.

Special Piping Materials Ltd is a small-sized vehicle operator with the licence number OC1012205. The firm has one transport operating centre in the country. In their subsidiary in Dukinfield on Broadway, 2 machines are available.

On 2017-06-30, the corporation was employing a Trainee Sales Executive to fill a position in Dukinfield. They offered a job with wage from £20000.00 to £24000.00 per year.

This limited company owes its success and permanent improvement to a group of four directors, specifically Alexander F., Paul B., Mary B. and Leslie B., who have been leading the company since 2019-01-01. In order to provide support to the directors, the limited company has been utilizing the expertise of Mary B. as a secretary since the appointment on 1991-08-31.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	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	1 596 738	824 471	1 850 448	1 805 600	1 494 965	1 665 925	847 681
Current Assets	10 292 521	9 927 500	12 127 531	11 810 393	11 127 415	11 857 384	13 323 760
Debtors	4 031 244	4 790 349	6 424 156	5 349 805	4 689 331	5 585 259	7 996 311
Net Assets Liabilities	9 117 175	8 389 175	8 928 328	9 268 460	9 527 662	10 054 535	10 555 101
Other Debtors	17 850	16 650	15 450	10 250	577 678	498 373	696 580
Property Plant Equipment	107 400	72 268	36 152	80 664	104 951	253 036	301 572
Total Inventories	4 664 539	4 312 680	3 852 927	4 654 988	4 943 119	4 606 200	4 479 768

Other Financial Data
Audit Fees Expenses			7 000	8 900	7 250
Other Non-audit Services Fees			9 353	20 939
Accumulated Depreciation Impairment Property Plant Equipment	501 724	513 938	550 054	512 356	462 701	476 318	527 624
Administrative Expenses	1 281 766	1 562 933	1 495 545	1 907 952	1 729 225
Amounts Owed By Group Undertakings	453 376	387 901	349 939	390 236	418 177	398 081	398 081
Amounts Owed To Group Undertakings	15 282		400 239		18 239	36 701	44 522
Average Number Employees During Period		18	18	27	26	25	21
Comprehensive Income Expense	91 949	-568 000	889 153	340 132	259 202
Corporation Tax Payable	133 604	11 791	219 245	33 407			-82 118
Cost Sales	4 384 034	5 647 546	8 880 045	9 449 793	6 406 852
Creditors	327 742	243 939	156 887	93 334	17 583	3 680	3 122 274
Current Tax For Period			218 121	88 545	58 656
Depreciation Expense Property Plant Equipment	58 763	56 084	36 116	46 313	49 946
Disposals Decrease In Depreciation Impairment Property Plant Equipment		43 870		84 011	99 601	29 484
Disposals Property Plant Equipment		43 872		84 014	138 461	58 967
Dividends Paid	160 000	160 000	350 000
Dividends Paid On Shares Interim	160 000	160 000	350 000
Finance Lease Liabilities Present Value Total	11 882	6 970	6 970	17 739	17 583	3 680	2 209
Fixed Assets	209 443	174 311	138 195	182 707	206 994	305 079	353 615
Gross Profit Loss	1 767 156	987 681	2 595 308	2 337 923	1 910 621
Increase From Depreciation Charge For Year Property Plant Equipment		56 084	36 116	46 313	49 946	43 101	51 306
Interest Payable Similar Charges Finance Costs	3 007	7 313	5 020	4 193	2 871
Investments Fixed Assets	102 043	102 043	102 043	102 043	102 043	52 043	52 043
Investments In Group Undertakings	102 043	102 043	102 043	102 043	102 043	52 043	52 043
Net Current Assets Liabilities	9 235 474	8 458 803	8 947 020	9 179 087	9 338 251	9 753 136	10 201 486
Number Shares Issued Fully Paid		3 515	3 515	3 515	3 515	3 515	3 515
Operating Profit Loss	485 390	-575 252	1 099 763	429 971	320 794
Other Creditors	16 081	236 969	20 048	11 305	132 190	72 931	2 699
Other Interest Receivable Similar Income Finance Income	16 528	14 565	840	2 899	1 208
Other Remaining Borrowings	78 891	236 969	156 887	75 595	75 595
Other Taxation Social Security Payable	5 240	29 695	264 730	81 834	84 247	61 628	97 420
Par Value Share		1	1	1	1	1	1
Profit Loss	91 949	-568 000	889 153	340 132	259 202
Profit Loss On Ordinary Activities Before Tax	498 911	-568 000	1 095 583	428 677	319 131
Property Plant Equipment Gross Cost	609 124	586 206	586 206	593 020	567 652	729 354	829 196
Tax Tax Credit On Profit Or Loss On Ordinary Activities	406 962		206 430	88 545	59 929
Total Additions Including From Business Combinations Property Plant Equipment		20 954		90 828	113 093	220 669	99 842
Total Assets Less Current Liabilities	9 444 917	8 633 114	9 085 215	9 361 794	9 545 245	10 058 215	10 555 101
Trade Creditors Trade Payables	790 660	1 351 112	2 354 558	2 408 281	1 537 539	1 919 418	2 941 169
Trade Debtors Trade Receivables	646 171	1 127 488	2 314 409	1 533 646	1 625 575	1 778 458	4 718 981
Turnover Revenue	6 151 190	6 635 227	11 475 353	11 787 716	8 317 473
Accrued Liabilities Deferred Income			53 884		45 236	57 170	111 604
Applicable Tax Rate			19	19	19
Corporation Tax Recoverable					127 619
Further Operating Expense Item Component Total Operating Expenses			1 120	159 141	-133 808
Gain Loss On Disposals Property Plant Equipment				26 348	33 837
Income From Related Parties			52 792	61 620	8 163
Increase Decrease In Current Tax From Adjustment For Prior Periods			-11 691		1 273
Interest Expense On Loan Capital			4 197	3 005	1 796
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			823	1 188	1 075
Loans Owed By Related Parties			73 166	104 319	26 945
Loans Owed To Related Parties			-98 488	-90 000	-347 343
Merchandise			3 708 826	4 187 363	4 928 777
Net Assets Liabilities Subsidiaries				-68 181	-67 188
Other Operating Income Format1					139 398
Payments To Related Parties			38 300	25 400	69 000
Pension Other Post-employment Benefit Costs Other Pension Costs			35 500	27 366	30 452
Percentage Class Share Held In Subsidiary				75	75
Prepayments			21 384	35 624	20 554
Profit Loss Subsidiaries				-35 167	7 069
Social Security Costs			50 697	87 815	100 280
Staff Costs Employee Benefits Expense			717 596	916 955	1 031 521
Tax Decrease Increase From Effect Revenue Exempt From Taxation					6 429
Tax Expense Credit Applicable Tax Rate			208 161	81 449	60 635
Tax Increase Decrease From Effect Capital Allowances Depreciation			3 673	-63	2 747
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			6 287	7 159	1 703
Total Operating Lease Payments			93 221	109 355	139 965
Wages Salaries			631 399	801 774	900 789
Work In Progress			144 101	467 625	14 342