Stema Shipping (UK) Limited in Grays, RM20 1WL

Description

Data updated on: 01-11-2023

Stema Shipping (UK) Limited with reg. no. 03008728 has been competing in the field for twenty nine years. This Private Limited Company is located at Alexandra House, Waterfront Lakeside in Grays and company's zip code is RM20 1WL. The firm now known as Stema Shipping (UK) Limited was known as Dowaffron up till 25th January 1995 when the name got changed. This business's registered with SIC code 82990 meaning Other business support service activities not elsewhere classified. The company's latest annual accounts detail the period up to Sat, 31st Dec 2022 and the most current confirmation statement was submitted on Wed, 11th Jan 2023.

In order to be able to match the demands of its customer base, the firm is permanently being guided by a unit of two directors who are Claus B. and Martin J.. Their successful cooperation has been of critical importance to this firm since September 2013. In order to support the directors in their duties, this specific firm has been utilizing the skills of Martin J. as a secretary since the appointment on 30th June 2012.

Previous company's names
Stema Shipping (UK) Limited 1995-01-25
Dowaffron Limited 1995-01-11

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	958	2 346
Current Assets	16 897 102	19 493 472
Debtors	13 838 574	15 434 328
Net Assets Liabilities	6 933 694	9 387 776
Other Debtors	759
Property Plant Equipment	7 935 278	10 039 769
Total Inventories	3 057 570	4 056 798

Other Financial Data
Audit Fees Expenses	21 975	18 800
Other Non-audit Services Fees	5 876	6 443
Taxation Compliance Services Fees	1 000	1 000
Accrued Liabilities Deferred Income	412 764	502 457
Accumulated Depreciation Impairment Property Plant Equipment	1 452 613	2 169 642
Additions Other Than Through Business Combinations Property Plant Equipment		2 845 769
Administrative Expenses	1 813 919	2 261 126
Amounts Owed By Group Undertakings	1 659 075	1 316 837
Amounts Owed To Group Undertakings	10 974 684	13 361 836
Average Number Employees During Period	31	34
Comprehensive Income Expense	4 021 930	2 454 082
Corporation Tax Payable	279 724
Corporation Tax Recoverable		92 824
Cost Sales	64 363 785	69 285 161
Creditors	17 716 121	19 392 089
Current Tax For Period	935 732	196 930
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	108 850	570 911
Depreciation Expense Property Plant Equipment	395 984	741 278
Dividends Paid	3 000 000
Dividends Paid On Shares Interim	3 000 000
Finished Goods Goods For Resale	3 057 570	4 056 798
Fixed Assets	7 935 278	10 039 869
Further Item Tax Increase Decrease Component Adjusting Items	108 850	570 911
Future Minimum Lease Payments Under Non-cancellable Operating Leases	2 608 737	9 279 454
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	2 326	-226
Gain Loss On Disposals Property Plant Equipment		10 721
Gross Profit Loss	6 897 362	5 585 671
Increase From Depreciation Charge For Year Property Plant Equipment		741 278
Interest Income On Bank Deposits	3	5
Interest Paid To Group Undertakings	16 934	102 627
Interest Payable Similar Charges Finance Costs	16 934	102 627
Investments Fixed Assets		100
Investments In Subsidiaries		100
Net Current Assets Liabilities	-819 019	101 383
Number Shares Issued Fully Paid		1 000 000
Operating Profit Loss	5 083 443	3 324 545
Other Creditors	4 153	-138
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		24 249
Other Disposals Property Plant Equipment		24 249
Other Interest Receivable Similar Income Finance Income	3	5
Other Taxation Social Security Payable	3 693 213	3 789 697
Par Value Share		1
Pension Other Post-employment Benefit Costs Other Pension Costs	163 700	121 176
Percentage Class Share Held In Subsidiary		100
Prepayments Accrued Income	434 408	1 184 893
Profit Loss	4 021 930	2 454 082
Profit Loss On Ordinary Activities Before Tax	5 066 512	3 221 923
Property Plant Equipment Gross Cost	9 387 891	12 209 411
Social Security Costs	154 045	181 374
Staff Costs Employee Benefits Expense	1 665 983	1 815 543
Taxation Including Deferred Taxation Balance Sheet Subtotal	182 565	753 476
Tax Expense Credit Applicable Tax Rate	962 637	612 165
Tax Increase Decrease From Effect Capital Allowances Depreciation	-37 623	-422 191
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	10 718	6 956
Tax Tax Credit On Profit Or Loss On Ordinary Activities	1 044 582	767 841
Total Assets Less Current Liabilities	7 116 259	10 141 252
Trade Creditors Trade Payables	2 351 583	1 738 237
Trade Debtors Trade Receivables	11 744 332	12 839 774
Turnover Revenue	71 261 147	74 870 832
Wages Salaries	1 348 238	1 512 993
Company Contributions To Defined Benefit Plans Directors	84 005	37 964
Director Remuneration	130 430	143 112
Director Remuneration Benefits Including Payments To Third Parties	214 435	181 076