System 3 Limited in Manchester, M34 2SY

Description

Data updated on: 01-11-2023

System 3 started conducting its business in the year 2015 as a Private Limited Company registered with number: 09844806. The company has operated for nine years and the present status is active. The firm's registered office is situated in Manchester at Denton Hall Farm Road. You could also find the firm utilizing the area code of M34 2SY. The firm began under the name System 3 Glass, but for the last 8 years has operated under the name System 3 Limited. This business's SIC and NACE codes are 23120 - Shaping and processing of flat glass. System 3 Ltd released its latest accounts for the period that ended on 2022-12-31. Its latest annual confirmation statement was released on 2023-10-26.

System 3 Ltd is a medium-sized vehicle operator with the licence number OC0293661. The firm has one transport operating centre in the country. In their subsidiary in Manchester on Denton, 24 machines and 5 trailers are available.

As stated, this business was formed in 27th October 2015 and has so far been steered by two directors. Moreover, the managing director's assignments are often helped with by a secretary - Michael B., who joined this specific business on 27th October 2015.

Previous company's names
System 3 Limited 2016-04-24
System 3 Glass Limited 2015-10-27

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	502 445	34 530	1 344 270	1 419 942	2 890 872	3 780 083	3 562 512
Current Assets	4 421 775	3 640 174	6 068 899	5 680 455	7 677 484	8 405 923	8 885 745
Debtors	3 017 330	2 661 644	3 728 158	3 302 393	3 776 348	3 598 476	3 856 332
Net Assets Liabilities	12 660 138	14 296 693	15 509 342	16 810 324	4 983 027	7 900 133	9 291 311
Other Debtors	199 938	19 888	78 215	63 176	228 195	28 496	9 319
Property Plant Equipment	13 292 155	14 044 031	14 270 298	14 539 617	810 692	2 617 005	6 748 163
Total Inventories	902 000	944 000	996 471	958 120	1 010 264	1 027 364	1 466 901

Other Financial Data
Audit Fees Expenses	8 000	12 000	12 000	12 000	12 000	12 000	13 750
Accrued Liabilities Deferred Income	203 783	69 500	90 916	54 000	287 270	64 678	138 141
Accumulated Depreciation Impairment Property Plant Equipment	367 476	743 218	1 434 576	2 176 366	37 583	264 958	859 113
Additions Other Than Through Business Combinations Property Plant Equipment		1 515 808	1 089 955	1 208 938	848 275	2 033 688	4 773 240
Administrative Expenses	1 700 374	1 890 694	2 725 553	2 551 733	2 303 285	3 574 802	5 031 712
Amounts Owed By Group Undertakings					300 000
Average Number Employees During Period	233	232	247	250	166	237	268
Cash Cash Equivalents Cash Flow Value		34 530	1 344 270	1 419 942	2 890 872	3 780 083	3 562 512
Comprehensive Income Expense	12 391 198	1 636 555	1 212 649	1 312 982	3 160 703	2 917 106	3 391 178
Corporation Tax Payable	339 404	292 094	224 851	144 103	426 475	186 861	539 990
Cost Sales	9 783 010	14 033 598	14 650 881	15 690 812	13 113 811	14 453 089	16 592 330
Creditors	36 868	845 885	581 724	326 764	3 353 525	2 536 586	5 288 825
Current Tax For Period	339 404	292 094	225 149	144 103	448 475	378 261	730 599
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	-552 850	51 118
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-552 850	51 118	48 340	144 470	-294 174	434 585	467 563
Depreciation Expense Property Plant Equipment	469 096	753 153	853 150	930 344	156 160	227 375	601 228
Depreciation Impairment Expense Property Plant Equipment			853 150	930 344	156 160	227 375	601 228
Distribution Costs	475 777	656 972	740 441	787 846	1 452 172	1 855 583	2 033 956
Dividend Income	10 547 889
Dividends Paid	6 252			12 000	14 988 000		2 000 000
Dividends Paid Classified As Financing Activities	-6 252			-12 000			-2 000 000
Dividends Paid On Shares Final				12 000	14 988 000
Dividends Paid On Shares Interim							2 000 000
Finance Lease Liabilities Present Value Total	36 868	845 885	581 724	326 764
Finance Lease Payments Owing Minimum Gross	52 120	1 109 738	845 577	581 721
Further Item Cash Flow From Used In Investing Activities Component Net Cash Flows From Used In Investing Activities						-1 980	-656
Further Item Tax Increase Decrease Component Adjusting Items		-608	48 340	144 470	-294 174	22 000	-22 264
Future Minimum Lease Payments Under Non-cancellable Operating Leases			396		3 649 756	1 950 000	1 432 645
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			-1 725 407	1 219 973	14 299 076	577 325	-2 399 110
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			1 066 514	-425 765	-13 947 085	-177 872	257 856
Gain Loss In Cash Flows From Change In Inventories			52 471	-38 351	52 144	17 100	439 537
Gain Loss On Disposals Property Plant Equipment	-1 680	54 821	56 607	1 082			-2 854
Gross Profit Loss	3 863 715	4 816 580	5 310 676	5 281 134	6 515 017	9 207 054	11 726 460
Income Taxes Paid Refund Classified As Operating Activities	818 562	-309 346	-296 997	-224 851	-168 579	-639 875	-355 206
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-1 309 740	-75 672	-1 470 930	-889 211	217 571
Increase Decrease In Current Tax From Adjustment For Prior Periods	-63 842	-30 058	4 605		2 476	22 000	-22 264
Increase From Depreciation Charge For Year Property Plant Equipment		753 153	853 150	930 344	156 160	227 375	601 228
Interest Income On Bank Deposits	6 739	41
Interest Income On Financial Assets Fair Value Through Profit Or Loss					19 911	1 980	656
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	6 739	41				89
Interest Paid Classified As Operating Activities						-28 392	-94 372
Interest Payable Similar Charges Finance Costs	132 192	319 246	353 939	340 000	90	28 392	94 372
Interest Received Classified As Investing Activities	-8 004	-41				-89
Issue Equity Instruments	401 000
Net Cash Flows From Used In Financing Activities			264 161	275 856	581 721
Net Cash Flows From Used In Investing Activities	-15 604	207 160	1 022 810	1 198 581	848 275
Net Cash Flows From Used In Operating Activities	-510 286		-2 596 711	-1 550 109	-2 900 926	-2 920 830
Net Cash Generated From Operations			-3 247 647	-2 114 960	-3 069 595	-3 589 097	-6 966 591
Net Current Assets Liabilities	-393 279	1 351 535	2 122 096	3 043 269	4 323 959	5 869 337	3 596 920
Net Finance Income Costs	10 555 893	41			19 911	2 069	656
Net Interest Paid Received Classified As Operating Activities	-132 192	-319 246	-353 939	-340 000	-90	-28 392
Operating Profit Loss	1 690 209	2 268 914	1 844 682	1 941 555	3 297 659	3 778 275	4 660 792
Other Creditors	3 361 972	340 253	1 922 445	338 537	953 797	1 144 978	3 401 526
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		377 411	161 792	188 554	2 294 943		7 073
Other Disposals Property Plant Equipment		388 190	172 330	197 829	16 715 983		47 927
Other Interest Expense			353 939	340 000	90	28 392	94 372
Other Interest Income						89
Other Interest Receivable Similar Income Finance Income	10 555 893	41			19 911	2 069	656
Other Operating Income Format1	2 645				538 099	1 606
Other Taxation Social Security Payable	468 342	687 451	877 618	519 998	476 117	455 106	252 803
Payments Finance Lease Liabilities Classified As Financing Activities	-17 193	-185 389	-264 161	-263 856	-581 721
Pension Other Post-employment Benefit Costs Other Pension Costs	71 250	92 837	123 208	181 695	109 618	146 081	185 550
Prepayments Accrued Income	26 000	66 000	109 000	89 000	105 630	198 168	190 000
Proceeds From Sales Property Plant Equipment	-7 600	-65 600	-67 145	-10 357			-38 000
Profit Loss	12 391 198	1 636 555	1 212 649	1 312 982	3 160 703	2 917 106	3 391 178
Profit Loss On Ordinary Activities Before Tax	12 113 910	1 949 709	1 490 743	1 601 555	3 317 480	3 751 952	4 567 076
Property Plant Equipment Gross Cost	13 659 631	14 787 249	15 704 874	16 715 983	848 275	2 881 963	7 607 276
Provisions For Liabilities Balance Sheet Subtotal	201 870	252 988	301 328	445 798
Purchase Property Plant Equipment			-1 089 955	-1 208 938	-848 275	-2 033 688	-4 773 240
Raw Materials Consumables	902 000	944 000	996 471	958 120	1 010 264	1 027 364	1 466 901
Redemption Shares Decrease In Equity	125 808
Social Security Costs	328 282	437 186	481 061	462 653	386 937	558 198	671 585
Staff Costs Employee Benefits Expense	4 214 060	5 755 630	6 148 940	6 752 332	6 135 232	6 922 306	7 994 980
Taxation Including Deferred Taxation Balance Sheet Subtotal	201 870	252 988	301 328	445 798	151 624	586 209	1 053 772
Tax Decrease Increase From Effect Revenue Exempt From Taxation	2 083 139
Tax Expense Credit Applicable Tax Rate			283 241	304 295	630 321	712 871	867 744
Tax Increase Decrease From Effect Capital Allowances Depreciation	-55 277	-72 012	-47 615	-159 685	-181 978	-334 421	-191 997
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	55 038		278	161	132	71	54 303
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-277 288	313 154	278 094	288 573	156 777	834 846	1 175 898
Total Assets Less Current Liabilities	12 898 876	15 395 566	16 392 394	17 582 886	5 134 651	8 486 342	10 345 083
Total Current Tax Expense Credit	275 562	262 036	229 754	144 103	450 951	400 261	708 335
Total Operating Lease Payments					457 600	600 000	600 000
Trade Creditors Trade Payables	426 301	635 488	567 120	1 325 591	1 209 866	684 963	956 365
Trade Debtors Trade Receivables	2 791 392	2 575 756	3 540 943	3 150 217	3 142 523	3 371 812	3 657 013
Turnover Revenue	13 646 725	18 850 178	19 961 557	20 971 946	19 628 828	23 660 143	28 318 790
Wages Salaries	3 814 528	5 225 607	5 544 671	6 107 984	5 638 677	6 218 027	7 137 845
Director Remuneration							20 000

Company staff

Allan B.

Role: Director

Appointed: 27 October 2015

Latest update: 25 January 2024

Michael B.

Role: Director

Appointed: 27 October 2015

Latest update: 25 January 2024

Michael B.

Role: Secretary

Appointed: 27 October 2015

Latest update: 25 January 2024

People with significant control

The companies that control this firm are as follows: Abmb Holdings Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Manchester at Denton, M34 2SY and was registered as a PSC under the registration number 12329225.

Abmb Holdings Limited

Address: Denton Hall Farm Road Denton, Manchester, M34 2SY, United Kingdom

Legal authority Companies Act 2006

Legal form Limited By Shares

Country registered England And Wales

Place registered Companies House

Registration number 12329225

Notified on 14 January 2020

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Michael B.

Notified on 6 April 2016

Ceased on 14 January 2020

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Allan B.

Notified on 6 April 2016

Ceased on 14 January 2020

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	09 November 2024
Confirmation statement last made up date	26 October 2023

Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	2017-12-31
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

System 3 Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Allan B.

Michael B.

Michael B.

People with significant control

Abmb Holdings Limited

Michael B.

Allan B.

Accounts Documents

Company Vehicle Operator Data

Denton Hall Farm Road

Address

City

Postal code

No. of Vehicles

No. of Trailers

Company filings

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