Studwelders Composite Floor Decks Ltd in Chepstow, NP16 6UN

Description

Data updated on: 01-11-2023

This firm known as Studwelders Composite Floor Decks was registered on 2009-05-11 as a Private Limited Company. The company's registered office can be reached at Chepstow on Millennium House Severnlink Distribution Centre, Newhouse Farm Industrial Estate. If you have to contact this business by mail, the area code is NP16 6UN. The official reg. no. for Studwelders Composite Floor Decks Ltd is 06901006. The company's Standard Industrial Classification Code is 43999 - Other specialised construction activities not elsewhere classified. 2022-03-31 is the last time the accounts were reported.

As stated, the business was established in 2009 and has been led by seven directors, out of whom four (Scott B., Neil B., Clive P. and Matthew S.) are still listed as current directors.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	1 932 196	1 011 738	1 097 508	1 658 895	1 400 715	1 029 164	2 504 025
Current Assets	5 147 669	4 570 680	3 194 446	4 142 535	4 959 361	9 329 281	5 336 630
Debtors	3 034 085	3 393 601	1 977 293	2 315 683	3 386 787	8 001 724	2 556 247
Net Assets Liabilities	1 110 740	1 791 867	297 221	1 056 360	1 521 699	1 745 150	2 555 390
Other Debtors	12 937	6 125	7 182	4 161	2 700	290 953	190 383
Property Plant Equipment	118 564	115 168	155 295	123 913	110 506	149 860	143 551
Total Inventories	181 388	165 341	119 645	167 957	171 859	298 393

Other Financial Data
Audit Fees Expenses	6 250	7 580	12 280	2 500	5 040	5 400	7 471
Accrued Liabilities Deferred Income			44 633	251 682	196 839	393 332	457 332
Accumulated Depreciation Impairment Property Plant Equipment	72 986	114 167	156 729	199 676	243 550	284 167	290 939
Additions Other Than Through Business Combinations Property Plant Equipment				38 686	30 830	85 421	44 859
Administrative Expenses	1 430 723	1 392 861	1 482 665	1 426 098	1 267 770	1 567 696	1 830 846
Amounts Owed By Associates Joint Ventures Participating Interests					1 044 748	3 009 511	3 796
Amounts Owed By Group Undertakings		2 614	224 131	9 299	2 698	477 984	20 704
Amounts Owed To Associates Joint Ventures Participating Interests					1 269 367	2 422 867	1 161 255
Amounts Owed To Group Undertakings	14 997	1 488	618 630	600 000	231 783	1 802 917	10 818
Amounts Recoverable On Contracts	2 535 421	2 888 858	1 001 883	963 171	1 221 071	2 705 248	1 651 608
Average Number Employees During Period			63	49	57	50	50
Cash Cash Equivalents Cash Flow Value		1 011 738	1 097 508	1 658 895	1 400 715	1 029 164	2 504 025
Comprehensive Income Expense	349 081	681 127	-494 646	759 139	465 339	473 451	1 060 240
Corporation Tax Payable	91 705	125 177		97 809	31 838	115 691	88 450
Corporation Tax Recoverable			70 000
Cost Sales	15 953 038	13 951 688	13 564 092	11 990 349	10 811 459	17 785 704	17 405 681
Creditors	4 674	1 391	3 023 538	3 189 278	3 528 283	7 712 477	2 916 543
Current Tax For Period	91 705	125 177		97 809	112 927	115 691	257 758
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period							-3 184
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			7 739	-8 172	-925	1 629	-13 266
Depreciation Expense Property Plant Equipment	36 697	41 181	42 562	53 272	43 992	43 835
Depreciation Impairment Expense Property Plant Equipment			42 562	53 272	43 992	43 835	49 478
Dividends Paid			1 000 000			250 000	250 000
Dividends Paid Classified As Financing Activities			-1 000 000			-250 000	-250 000
Dividends Paid On Shares Interim			1 000 000			250 000	250 000
Finance Lease Liabilities Present Value Total	4 674	1 391	985
Finance Lease Payments Owing Minimum Gross			985
Finished Goods Goods For Resale			119 645	167 957	171 859	298 393	276 358
Further Item Tax Increase Decrease Component Adjusting Items					-3 727	-4 166	206
Future Minimum Lease Payments Under Non-cancellable Operating Leases					65 273	36 912	70 267
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss							-10
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			-279 666	-68 916	-404 976	-4 100 341	4 768 693
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			-1 486 308	408 390	1 071 104	4 614 937	-5 445 477
Gain Loss In Cash Flows From Change In Inventories			-45 696	48 312	3 902	126 534	-22 035
Gain Loss On Disposals Property Plant Equipment				6 289	-245	-2 232
Government Grant Income					295 256	15 308
Gross Profit Loss	1 875 718	2 176 860	972 895	2 270 311	1 546 027	2 142 577
Income From Related Parties	22 566	176 367	18 029	6 724	7 532	3 446 475	2 108 551
Income Taxes Paid Refund Classified As Operating Activities			-195 177	70 000	-175 171	-31 838	-285 205
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-85 770	-561 387	258 180	371 551	-1 474 861
Increase Decrease In Current Tax From Adjustment For Prior Periods					-3 727		206
Increase From Depreciation Charge For Year Property Plant Equipment		41 181	42 562	53 272	43 992	43 835	49 478
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	837	761	355	25
Interest Income On Bank Deposits			5 725	4 588	411	280	20 436
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss			5 725	4 588	411	280	20 436
Interest Paid Classified As Operating Activities					-481		-595
Interest Payable Similar Charges Finance Costs	837	761	355	25	481		595
Interest Received Classified As Investing Activities			-5 725	-4 588	-582	-582	-44 719
Key Management Personnel Compensation Total		278 430	285 293	540 201	452 043	654 990	707 545
Net Cash Flows From Used In Financing Activities			1 003 689	985
Net Cash Flows From Used In Investing Activities			76 964	11 013
Net Cash Flows From Used In Operating Activities			-1 166 423	-573 385	227 932
Net Cash Generated From Operations			-1 361 955	-503 410	52 280	4 874	-2 010 801
Net Current Assets Liabilities	1 018 598	1 699 333	170 908	953 257	1 431 078	1 616 804	2 420 087
Net Finance Income Costs			5 725	4 588	582	582	44 719
Net Interest Paid Received Classified As Operating Activities			-355	-25	-481
Operating Profit Loss	444 995	804 721	-492 277	844 213	573 513	590 189
Other Creditors	34 333	41 294	51 782	16 997	11 707	22 665	7 548
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment				10 325	118	3 218	42 706
Other Disposals Property Plant Equipment				27 121	363	5 450	44 396
Other Interest Expense					481		594
Other Interest Income					171	302	24 283
Other Interest Receivable Similar Income Finance Income	325	1 839	5 725	4 588	582	582	44 719
Other Operating Income Format1		20 722	17 493		295 256	15 308
Other Taxation Social Security Payable	77 977	53 035	57 529	172 629	223 311	62 787	119 462
Payments Finance Lease Liabilities Classified As Financing Activities			-3 689	-985
Payments Received On Account					31 888	69 141	92 586
Pension Other Post-employment Benefit Costs Other Pension Costs	125 505	90 052	112 956	116 768	99 120	152 285	203 340
Prepayments Accrued Income			153 316	188 208	180 743	31 501	164 399
Proceeds From Sales Property Plant Equipment				-23 085
Profit Loss	349 081	681 127	-494 646	759 139	465 339	473 451	1 060 240
Profit Loss On Ordinary Activities Before Tax	444 483	805 799	-486 907	848 776	573 614	590 771	1 304 938
Property Plant Equipment Gross Cost	191 550	229 335	312 024	323 589	354 056	434 027	434 490
Provisions For Liabilities Balance Sheet Subtotal	21 748	21 243	28 982	20 810
Purchase Property Plant Equipment			-82 689	-38 686	-30 830	-85 421	-44 859
Social Security Costs	181 698	205 783	211 628	216 066	173 610	152 979
Staff Costs Employee Benefits Expense	2 284 994	2 568 033	2 477 181	2 306 625	2 064 095	2 313 957	2 392 030
Taxation Including Deferred Taxation Balance Sheet Subtotal			28 982	20 810	19 885	21 514	8 248
Tax Decrease From Utilisation Tax Losses		31 086	-97 382	25 277
Tax Expense Credit Applicable Tax Rate	88 897	153 102	-92 512	161 267	108 987	112 246	247 938
Tax Increase Decrease Arising From Group Relief Tax Reconciliation				-46 765
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings						8 713
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	7 649	2 656	2 869	412	3 015	527	2 103
Tax Tax Credit On Profit Or Loss On Ordinary Activities	95 402	124 672	7 739	89 637	108 275	117 320	244 698
Total Assets Less Current Liabilities	1 137 162	1 814 501	326 203	1 077 170	1 541 584	1 766 664	2 563 638
Total Current Tax Expense Credit				97 809	109 200	115 691	257 964
Total Operating Lease Payments	274 683	340 569	353 155	199 489	193 967	190 789
Trade Creditors Trade Payables	3 391 529	2 460 883	2 129 196	2 050 161	1 531 550	2 823 077	979 092
Trade Debtors Trade Receivables	358 591	427 169	520 781	1 150 844	934 827	1 486 527	525 357
Turnover Revenue	17 828 756	16 128 548	14 536 987	14 260 660	12 357 486	19 928 281
Wages Salaries	1 977 791	2 272 198	2 152 597	1 973 791	1 791 365	2 008 693	1 996 256
Company Contributions To Defined Benefit Plans Directors			44 541	11 825	39 190	45 540
Director Remuneration	202 299	224 649	215 106	310 825	246 332	348 965	416 843
Director Remuneration Benefits Including Payments To Third Parties			259 647	322 650	285 522	394 505	513 463
Company Contributions To Money Purchase Plans Directors	62 117	45 525	44 541
Accrued Liabilities	175 253	157 735	44 633
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		-505	7 739
Applicable Tax Rate	20	19	19
Loans Owed By Related Parties			98
Loans Owed To Related Parties	-1 775 339	-1 549 201	-1 441 004
Merchandise	181 388	165 341	119 645
Number Shares Issued Fully Paid		1 000	1 000
Other Deferred Tax Expense Credit	3 697	-505	7 739
Par Value Share		1	1
Payments To Related Parties	7 759 949	7 084 825	6 720 275
Prepayments	127 136	68 835	153 316
Provisions	21 748	21 243	28 982
Tax Increase Decrease From Effect Capital Allowances Depreciation	-4 841	505	-7 739
Total Additions Including From Business Combinations Property Plant Equipment		37 785	82 689