Preminox Ltd in Tamworth, B79 7RB

Description

Data updated on: 01-11-2023

Preminox Ltd is a Private Limited Company, registered in C/o Philip Barnes & Co Limited The Old Council Chambers, Halford Street, Tamworth. The company's zip code B79 7RB. This company has been operating since 1998. The firm's registration number is 03533716. 2 years ago this business changed its business name from Spi (materials) to Preminox Ltd. The company's declared SIC number is 46720 meaning Wholesale of metals and metal ores. The firm's most recent annual accounts were submitted for the period up to Thu, 29th Sep 2022 and the most current annual confirmation statement was submitted on Fri, 24th Mar 2023.

With five recruitment advert since 2014/06/02, the company has been a rather active employer on the job market. On 2017/02/13, it started employing candidates for a full time Stock Controller post in Tamworth, and on 2014/06/02, for the vacant post of a full time Warehouse Person in Tamworth. They hire applicants on such positions as: Warehouse/Goods In Person, Driver/Warehouseman and Cleaner.

Current directors registered by this particular firm include: Ian L. selected to lead the company on 2020-12-21 and Michael H. selected to lead the company on 1998-03-31. What is more, the managing director's efforts are supported by a secretary - Paige B., who joined the firm on 2023-04-28.

Previous company's names
Preminox Ltd 2022-01-10
Spi (materials) Limited 1998-03-24

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-03-29	2019-09-29	2020-09-29	2021-09-29	2022-09-29
Currency

Balance Sheet
Cash Bank On Hand	26 876	33 220	261 297	132 395	230 598
Current Assets	5 456 261	7 059 769	6 938 155	10 668 410	15 388 014
Debtors	2 597 525	2 798 794	2 718 637	3 476 011	5 352 517
Net Assets Liabilities	1 447 454	262 957	661 825	778 964	1 453 196
Other Debtors	47 795	89 133	28 745	271	31 892
Property Plant Equipment	146 633	43 317	34 885	79 138	117 313
Total Inventories	2 831 860	4 227 755	3 958 221	7 060 004	9 804 899

Other Financial Data
Accrued Liabilities Deferred Income	723 406	1 449 148
Accumulated Depreciation Impairment Property Plant Equipment	277 435	288 971	252 294	182 244	155 358
Amounts Owed By Group Undertakings	183 835	13 345	100 702	12 777	3 660
Amounts Owed To Group Undertakings	786 110	1 594 130	1 639 211	2 138 614	3 951 541
Average Number Employees During Period	25	26	26	28	24
Balances Amounts Owed To Related Parties	70 000	165 001
Bank Borrowings Overdrafts	15 266	63 715	47 500	37 500	27 500
Corporation Tax Payable	30 147	40 342	147 192	224 184	364 037
Creditors	4 108 780	16 219	50 993	37 500	60 049
Derivative Assets		15 768
Derivative Liabilities	6 579
Finance Lease Liabilities Present Value Total	36 025	16 219	3 493	3 494	13 657
Financial Assets		15 768
Financial Liabilities	6 579
Future Minimum Lease Payments Under Non-cancellable Operating Leases	1 419 720	140 000	149 464	149 464	148 675
Increase From Depreciation Charge For Year Property Plant Equipment		107 286	21 432	21 367	20 747
Net Current Assets Liabilities	1 347 481	235 859	677 933	745 231	1 414 076
Nominal Value Allotted Share Capital	1	132
Number Shares Issued Fully Paid		132	132	132	132
Other Creditors	108 215	2 266 949	2 093 881	2 343 129	3 732 321
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		27 428
Other Disposals Property Plant Equipment		34 024
Other Remaining Borrowings	1 612 251	1 989 196
Other Taxation Social Security Payable	42 497	26 037	16 271	18 604	46 510
Par Value Share		1	1	1	1
Prepayments Accrued Income	207 572	200 737
Property Plant Equipment Gross Cost	424 068	332 288	287 179	261 382	272 671
Provisions For Liabilities Balance Sheet Subtotal	10 635	4 449		7 905	18 144
Total Additions Including From Business Combinations Property Plant Equipment		66 634	13 000	4 824	73 283
Total Assets Less Current Liabilities	1 494 114	279 176	712 818	824 369	1 531 389
Trade Creditors Trade Payables	734 765	2 571 694	2 013 866	4 946 237	5 431 816
Trade Debtors Trade Receivables	2 158 323	2 364 372	2 251 099	2 814 603	4 368 765
Audit Fees Expenses			10 000	16 000	21 700
Company Contributions To Money Purchase Plans Directors		66 431	32 774	65 607	55 454
Director Remuneration		41 726	24 112	66 402	83 558
Dividend Recommended By Directors				400 001	400 001
Number Directors Accruing Benefits Under Money Purchase Scheme		1	1	2	2
Accrued Liabilities		66 763	37 265	118 426	185 748
Administrative Expenses		2 879 705	1 823 181	1 668 969	2 530 670
Applicable Tax Rate		19	19	19	19
Bank Borrowings			2 500	10 000	10 000
Bank Overdrafts		63 715			107 752
Comprehensive Income Expense		28 618	398 868	517 140	1 074 233
Corporation Tax Recoverable					373 981
Cost Sales		12 413 855	9 086 506	10 372 836	16 368 857
Current Tax For Period		32 723	105 827	105 522	245 680
Depreciation Expense Property Plant Equipment		37 543	2 015	18 684	17 880
Disposals Decrease In Depreciation Impairment Property Plant Equipment			58 109	26 485	47 633
Disposals Property Plant Equipment			58 109	30 621	61 994
Distribution Costs		1 010 681	589 878	1 736 947	1 760 037
Dividend Per Share Interim				3 030	3 030
Dividends Paid		1 195 000		400 001	400 001
Dividends Paid On Shares Final		1 195 000
Dividends Paid On Shares Interim				400 001	400 001
Further Item Interest Expense Component Total Interest Expense		38 109	50 593	18	45 732
Further Item Interest Income Component Total Interest Income		22 347	-13 642	410	7 782
Further Operating Expense Item Component Total Operating Expenses		159 588	121 311	97 116	86 562
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss		-96 490	123 492	-22 602	-337 266
Gain Loss On Disposals Property Plant Equipment		6 149	4 550	-2 404	-11 491
Government Grant Income			155 917	57 180	1 000
Gross Profit Loss		3 901 735	2 673 935	3 982 005	5 610 616
Increase Decrease In Current Tax From Adjustment For Prior Periods			-508
Increase Decrease In Property Plant Equipment					35 090
Interest Expense			28 369	10 639	4 648
Interest Expense On Bank Loans Similar Borrowings				306	617
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts		8 150	2 761	3 458	5 784
Interest Income On Bank Deposits		281			38
Interest Payable Similar Charges Finance Costs		46 259	82 745	66 381	58 601
Merchandise		4 227 755	3 958 221	7 060 004	9 804 899
Operating Profit Loss		79 337	603 220	696 538	1 380 933
Other Deferred Tax Expense Credit		-5 635		7 905	10 239
Other Interest Receivable Similar Income Finance Income		22 628	-15 780	410	7 820
Other Operating Income Format1		67 988	342 344	120 449	61 024
Payments Received On Account			168 117	73 542	64 390
Pension Other Post-employment Benefit Costs Other Pension Costs		159 588	121 311	97 116	86 562
Prepayments		200 737	322 488	459 162	563 901
Profit Loss		28 618	398 868	517 140	1 074 233
Profit Loss On Ordinary Activities Before Tax		55 706	504 695	630 567	1 330 152
Provisions				7 905	18 144
Recoverable Value-added Tax		115 439	13 477	186 662
Rental Leasing Income		67 988	62 935	63 269	60 024
Social Security Costs		132 631	74 015	78 256	98 189
Staff Costs Employee Benefits Expense		1 387 674	904 181	920 266	1 169 654
Tax Decrease Increase From Effect Revenue Exempt From Taxation		1 168
Tax Expense Credit Applicable Tax Rate		10 584	95 892	119 808	252 729
Tax Increase Decrease From Effect Capital Allowances Depreciation		7 726	3 033	-10 343	-12 814
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		15 581	7 410	-3 943	5 765
Tax Tax Credit On Profit Or Loss On Ordinary Activities		27 088	105 827	113 427	255 919
Total Borrowings		63 715	2 500	10 000	117 752
Total Operating Lease Payments		253 872	162 571	174 434	175 073
Turnover Revenue		16 315 590	11 760 441	14 354 841	21 979 473
Wages Salaries		1 095 455	708 855	744 894	984 903