T Balfe Construction Limited in Grantham, NG32 3JF

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www.balfe.co.uk

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www.tbalfe.co.uk

Description

Data updated on: 01-11-2023

Started with Reg No. 01818688 fourty years ago, T Balfe Construction Limited is a Private Limited Company. The company's actual office address is Richmond House Brant Road, Fulbeck Grantham. Established as T. Balfe & Son, it used the name until 1999, at which moment it was changed to T Balfe Construction Limited. The company's principal business activity number is 41201 meaning Construction of commercial buildings. The company's latest filed accounts documents describe the period up to 2022-12-31 and the most current annual confirmation statement was submitted on 2022-12-30.

T Balfe Construction Ltd is a medium-sized vehicle operator with the licence number OF0207854. The firm has one transport operating centre in the country. In their subsidiary in Grantham on Brant Road, 7 machines and 4 trailers are available.

James B., Sean B., Shaun B. and David B. are the firm's directors and have been doing everything they can to make sure everything is working correctly since 2014-11-27. To help the directors in their tasks, this particular business has been utilizing the expertise of David B. as a secretary.

Previous company's names
T Balfe Construction Limited 1999-03-16
T. Balfe & Son Limited 1984-05-23

Financial data based on annual reports

Profit & Loss
Date of Accounts	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	341 079	1 027	400 382	68	528 269	479
Current Assets	7 892 665	7 906 827	9 463 222	10 343 574	12 975 674	13 398 832
Debtors	4 826 254	5 580 438	6 166 595	7 692 463	10 031 185	10 388 989
Net Assets Liabilities	4 495 141	5 253 610	6 169 388	6 505 731	8 756 966	9 541 086
Other Debtors	580 083	796 174	863 636	1 039 888	846 107	1 154 092
Property Plant Equipment	1 548 229	1 837 237	1 904 356	2 254 220	4 662 365	4 799 897
Total Inventories	2 725 332	2 325 362	2 896 245	2 651 043	2 416 220	3 009 364

Other Financial Data
Audit Fees Expenses	14 500	16 982	18 200	19 200	19 200	20 000
Amount Specific Advance Or Credit Directors	129 145	20 855	129 145	267 587	313 766	210 908
Amount Specific Advance Or Credit Made In Period Directors	334 351	150 000	75 672	9 173	46 179	600 874
Amount Specific Advance Or Credit Repaid In Period Directors	150 000	84 126	150 000	129 145	210 192	102 858
Director Remuneration	149 137	177 261	146 644	145 262	153 505	140 648
Accrued Liabilities	42 505	42 206	48 506	71 647	9 813	140 024
Accumulated Depreciation Impairment Property Plant Equipment	1 489 582	1 746 924	2 033 692	2 230 883	2 434 342	2 960 688
Additional Provisions Increase From New Provisions Recognised		27 889	-25 560	-20 997	502 425	183 443
Administrative Expenses	2 214 992	2 213 337	2 255 478	2 411 559	3 258 539	2 953 446
Applicable Tax Rate	19	19	19	19	19	19
Average Number Employees During Period	60	64	67	71	75	75
Bank Borrowings	391 499	697 678	625 614	269 550	189 383	862 881
Bank Borrowings Overdrafts	391 499	629 146	274 319	994 693	770 206	379 922
Bank Overdrafts		4 876	281 363	295 800		368 927
Cash Cash Equivalents Cash Flow Value		-3 849	119 019	-295 732	528 269	-368 448
Comprehensive Income Expense	437 652	1 183 579	1 012 778	516 343	2 871 236	1 134 120
Corporation Tax Payable	236 963	444 962	189 852	117 173	233 506	258 575
Corporation Tax Recoverable	136 382	245 721	310 598	412 179	412 179	1 037 410
Cost Sales	16 261 117	21 783 285	17 918 794	18 102 062	34 586 548	38 460 498
Creditors	255 228	1 089 081	434 205	1 546 426	1 693 457	1 262 776
Current Tax For Period	200 581	298 660	205 012		322 305	-368 534
Depreciation Amortisation Expense	259 539	302 939	340 594	362 764	438 401	613 081
Depreciation Expense Property Plant Equipment	146 458	172 910	192 726	148 343	200 598	231 067
Disposals Decrease In Depreciation Impairment Property Plant Equipment		45 599	53 826	107 056	152 736	87 260
Disposals Property Plant Equipment		104 596	78 669	399 090	216 194	192 850
Dividends Paid	412 940	425 110	97 000	180 000	620 001	350 000
Dividends Paid Classified As Financing Activities	-412 940	-425 110	-97 000	-180 000	-620 001	-350 000
Dividends Paid On Shares	412 940	425 110	97 000		620 001	350 000
Dividends Paid On Shares Interim	231 940	340 984	97 000	180 000	310 000	350 000
Expenses Recognised For Doubtful Debts Owed By Related Parties	205 797	100 000	100 000	100 000
Finance Lease Liabilities Present Value Total	255 228	459 935	159 886	405 977	663 813	660 913
Fixed Assets	1 851 246	2 140 254	2 207 373	2 557 237	4 965 382	5 102 914
Further Item Interest Expense Component Total Interest Expense		52 149	86 676	45 519	28 977	118 077
Further Item Interest Income Component Total Interest Income	12 766	7 141	46 576	55 764	48 522	46 590
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	1 559 460	-288 165	636 850	144 888	2 308 871	-886 569
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-622 730	-727 136	-266 840	-754 661	-2 502 733	765 444
Gain Loss On Disposal Assets Income Statement Subtotal	3 451	-7 506	2 141	-64 268	30 919	47 810
Gain Loss On Disposals Property Plant Equipment	3 451	-7 506	2 141	-64 268	30 919	47 810
Gross Profit Loss	2 854 440	3 689 444	3 411 134	2 699 877	5 705 425	3 876 569
Income From Related Parties	33 342	52 348	62 903	241 864	56 140	89 680
Income Taxes Paid Refund Classified As Operating Activities	-519 832	-200 000	-524 999	-174 260	-205 972	-231 628
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	234 641	-344 928	122 868	-414 751	824 001	-896 717
Increase Decrease In Property Plant Equipment		193 441	322 080	750 100	1 086 251	602 871
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	280 410	-399 970	570 883	-245 202	-234 823	593 144
Increase From Depreciation Charge For Year Property Plant Equipment		302 941	340 594	304 247	438 401	613 606
Interest Expense On Bank Overdrafts	76 475	5 312	9 597	10 235	11 977	7 771
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	18 263	23 062	33 706	66 188	51 672	51 665
Interest Income On Bank Deposits	14	4	158	196	2
Interest Paid Classified As Operating Activities	-76 475	-57 461	-96 273	-55 754	-40 954	-125 848
Interest Payable Similar Charges Finance Costs	94 738	80 523	129 979	121 942	92 626	177 513
Investment Property	303 017	303 017	303 017	303 017	303 017	303 017
Investment Property Fair Value Model	303 017	303 017	303 017	303 017	303 017
Loans Owed By Related Parties	706 608	842 208	919 279	1 015 533	803 042	1 160 532
Loans Owed To Related Parties	-76 486	-147 672	-161 101	-43 598	-155 812	-97 215
Net Cash Flows From Used In Financing Activities	272 266	750 715	617 451	669 470	1 389 993	761 792
Net Cash Flows From Used In Investing Activities	501 220	592 310	17 758	-87 681	476 433	656 738
Net Cash Flows From Used In Operating Activities	-1 008 127	-998 097	-758 077	-167 038	-2 690 427	-521 813
Net Cash Generated From Operations	-1 622 697	-1 278 620	-1 413 055	-463 240	-2 989 025	-930 954
Net Current Assets Liabilities	3 021 955	4 353 158	4 521 381	5 599 084	6 091 630	6 490 980
Net Interest Received Paid Classified As Investing Activities	-12 780	-7 145	-46 734	-55 960	-48 524	-46 590
Number Shares Issued Fully Paid		75	75	75	75	75
Operating Profit Loss	710 289	1 583 506	1 275 475	561 328	2 540 582	1 079 952
Other Creditors	324 596	138 560	435 433	41 960	78 468	62 761
Other Deferred Tax Expense Credit	-9 902	27 889	-25 560	-20 997	502 425	183 443
Other Interest Receivable Similar Income Finance Income	12 780	7 145	46 734	55 960	48 524	46 590
Other Investments Other Than Loans	8 448	8 448	8 448	8 448	8 448
Other Operating Income Format1	70 841	107 399	119 819	273 010	93 696	156 829
Other Taxation Social Security Payable	150 585	139 856	163 979	133 776	209 479	153 194
Par Value Share		1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	93 300	90 634	-323 092	-329 327	-629 349	-43 297
Payments Received On Account	1 189 933	915 012	759 194	761 134	705 796	551 579
Payments To Related Parties	37 872	260 164	440 189	59 092	628 149	729 734
Pension Other Post-employment Benefit Costs Other Pension Costs	14 707	28 150	48 530	53 583	64 795	60 052
Prepayments Accrued Income	100 992	87 065	228 237	229 713	309 750	316 904
Proceeds From Borrowings Classified As Financing Activities		-743 300	-210 000	-1 000 000		-1 320 507
Proceeds From Sales Property Plant Equipment	-14 386	-51 491	-26 984	-227 766	-94 377	-153 400
Profit Loss	437 652	1 183 579	1 012 778	516 343	2 871 236	1 134 120
Profit Loss On Ordinary Activities Before Tax	628 331	1 510 128	1 192 230	495 346	3 695 966	949 029
Property Plant Equipment Gross Cost	3 037 811	3 584 161	3 938 048	4 485 103	7 096 707	7 760 585
Provisions	122 832	150 721	125 161	104 164	606 589	790 032
Provisions For Liabilities Balance Sheet Subtotal	122 832	150 721	125 161	104 164	606 589	790 032
Purchase Property Plant Equipment	-528 386	-650 946	-91 476	-196 045	-619 334	-856 728
Raw Materials	921 630	761 452	751 452	736 452	426 627	253 240
Recoverable Value-added Tax	176 571	108 674	148 078	121 981	360 893	230 632
Repayments Borrowings Classified As Financing Activities	5 498	-437 122	-282 064	-361 372	-304 654	-1 190 985
Social Security Costs	227 587	105 695	26 282	28 023	32 221	36 821
Staff Costs Employee Benefits Expense	2 385 983	2 761 931	3 115 824	3 223 669	3 808 569	3 578 798
Tax Expense Credit Applicable Tax Rate	120 954	286 924	226 524	94 116	702 234	180 316
Tax Increase Decrease From Effect Capital Allowances Depreciation		17 599	-69 000	-135 874	-280 259	-90 904
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	59 934	22 026	21 928	20 761	22 928	5 466
Tax Tax Credit On Profit Or Loss On Ordinary Activities	190 679	326 549	179 452	-20 997	824 730	-185 091
Total Additions Including From Business Combinations Property Plant Equipment		650 946	432 556	946 145	1 710 516	856 728
Total Assets Less Current Liabilities	4 873 201	6 493 412	6 728 754	8 156 321	11 057 012	11 593 894
Total Borrowings	391 499	702 554	906 977	565 350	189 383	1 231 808
Total Operating Lease Payments	20 985	41 902	37 341	38 920	32 654
Trade Creditors Trade Payables	2 232 397	1 740 651	2 206 023	2 647 473	4 793 786	3 848 998
Trade Debtors Trade Receivables	3 465 837	3 383 143	3 401 945	4 004 975	6 382 540	5 432 218
Turnover Revenue	19 115 557	25 472 729	21 329 928	20 801 939	40 291 973	42 337 067
Wages Salaries	2 143 689	2 628 086	3 041 012	3 142 063	3 711 553	3 481 925
Work In Progress	1 803 702	1 563 910	2 144 793	1 914 591	1 989 593	2 756 124
Cash Receipts From Government Grants				-160 549
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax					1 199 486
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment					-82 206
Tax Decrease From Utilisation Tax Losses					4 752
Total Increase Decrease From Revaluations Property Plant Equipment					1 117 282

Resigned: 31 October 2008

Latest update: 27 April 2024

Ellen B.

Role: Director

Appointed: 30 December 1991

Resigned: 09 March 1995

Latest update: 27 April 2024

People with significant control

David B. is the individual who has control over this firm, owns over 3/4 of company shares.

David B.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	13 January 2024
Confirmation statement last made up date	30 December 2022

Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022

T Balfe Construction Limited

General information

Name:

Office Address:

Contact information

Websites

www.balfe.co.uk

www.tbalfe.co.uk

Description

Financial data based on annual reports

Company staff

David B.

James B.

Sean B.

Shaun B.

David B.

Stephen C.

Sarah B.

Ellen B.

People with significant control

David B.

Accounts Documents

Company Vehicle Operator Data

Richmond House

Address

City

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No. of Vehicles

No. of Trailers

Company filings

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