Switchgear Systems Limited in Leamington Spa, CV32 5LA

Description

Data updated on: 01-11-2023

This firm is based in Leamington Spa with reg. no. 04690220. The firm was established in 2003. The office of the firm is situated at 23-25 Waterloo Place Warwick Street. The post code for this location is CV32 5LA. The firm's Standard Industrial Classification Code is 47990 which means Other retail sale not in stores, stalls or markets. Switchgear Systems Ltd reported its latest accounts for the period up to 31st December 2022. Its most recent annual confirmation statement was filed on 7th March 2023.

As for this company, all of director's obligations have been done by Annette K. and Richard K.. Out of these two executives, Richard K. has administered company the longest, having become a member of directors' team on 2003-04-14.

Executives with significant control over the firm are: Annette K. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Richard K. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	207 140	146 329	207 170	300 163

Balance Sheet
Cash Bank On Hand				163 984	73 695	6 902	8 025	7 275	19 212	28 940	46 808
Current Assets	373 841	341 729	450 658	599 265	503 200	550 427	481 734	528 113	628 138	564 854	708 482
Debtors	175 423	180 806	230 138	276 140	286 077	344 961	266 827	287 766	292 129	267 474	416 000
Net Assets Liabilities					286 785	346 689	315 186	318 935	345 739	371 951	486 961
Other Debtors				5 739	19 606	85 711	32 750	11 590	16 224	8 728
Property Plant Equipment				3 456	3 236	11 962	17 153	12 922	8 799	4 759	8 671
Total Inventories				159 141	201 135	198 564	206 882	233 072	316 797	268 440	245 674
Cash Bank In Hand	37 426	17 970	63 843	163 984
Stocks Inventory	160 992	142 953	156 677	159 141
Tangible Fixed Assets	16 468	8 507	3 872	3 456

Capital & Reserves
Called Up Share Capital	20 000	10 000	10 000	10 000
Profit Loss Account Reserve	167 140	106 329	167 170	260 163
Shareholder Funds	207 140	146 329	207 170	300 163

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment				42 566	43 756	40 284	32 349	36 416	31 279	33 984	35 570
Average Number Employees During Period									12	12	12
Bank Borrowings Overdrafts				16 334	2 334	2 334
Corporation Tax Payable				51 089	54 369
Creditors				285 948	217 010	213 610	180 710	220 126	289 743	196 968	228 280
Dividends Paid				110 000	230 000	230 000
Future Minimum Lease Payments Under Non-cancellable Operating Leases							42 366
Increase From Depreciation Charge For Year Property Plant Equipment					1 190	2 171	4 222	6 773	5 720	4 331	1 586
Net Current Assets Liabilities	193 212	183 239	233 900	313 317	286 190	336 817	301 024	307 987	338 395	367 886	480 202
Other Creditors				20 682	25 659	21 899	35 815	49 435	30 234	33 766	18 919
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						5 642	12 157	2 707	10 857	1 627
Other Disposals Property Plant Equipment						5 642	12 157	2 707	10 857	1 627
Other Taxation Social Security Payable				56 505	43 249	112 945	92 111	111 816	126 784	96 123	137 820
Profit Loss				202 993	216 621	289 904
Property Plant Equipment Gross Cost				46 022	46 992	52 247	49 502	49 338	40 078	38 743	44 241
Provisions For Liabilities Balance Sheet Subtotal					307	2 090	2 991	1 974	1 455	694	1 912
Total Additions Including From Business Combinations Property Plant Equipment					970	10 897	9 413	2 542	1 597	291	5 498
Total Assets Less Current Liabilities	209 680	191 746	237 772	316 773	289 426	348 779	318 177	320 909	347 194	372 645	488 873
Trade Creditors Trade Payables				143 672	79 733	76 432	52 784	58 875	132 725	67 079	71 541
Trade Debtors Trade Receivables				270 403	208 764	259 250	234 077	276 176	275 905	258 746	303 614
Creditors Due After One Year		44 333	30 334	16 334
Creditors Due Within One Year	180 629	158 490	216 758	285 948
Intangible Fixed Assets Aggregate Amortisation Impairment	2 000
Intangible Fixed Assets Amortisation Decrease Increase On Disposals		2 000
Intangible Fixed Assets Cost Or Valuation	2 000
Intangible Fixed Assets Disposals		2 000
Number Shares Allotted		10 000	10 000	10 000
Other Reserves	7 027	17 027	17 027	17 027
Par Value Share		1	1	1
Provisions For Liabilities Charges	2 540	1 084	268	276
Share Capital Allotted Called Up Paid	20 000	10 000	10 000	10 000
Share Premium Account	12 973	12 973	12 973	12 973
Tangible Fixed Assets Additions		492
Tangible Fixed Assets Cost Or Valuation	51 390	51 882
Tangible Fixed Assets Depreciation	34 922	43 375
Tangible Fixed Assets Depreciation Charged In Period		8 453