Teescraft Engineering Limited in Bishop Auckland, DL14 6XB

Description

Data updated on: 01-11-2023

The Teescraft Engineering Limited business has been operating in this business field for 43 years, having started in 1981. Started with Registered No. 01554968, Teescraft Engineering is categorised as a Private Limited Company located in Unit 2, Bishop Auckland DL14 6XB. The company's SIC and NACE codes are 25620: Machining. Teescraft Engineering Ltd filed its latest accounts for the financial year up to 31st December 2022. Its latest confirmation statement was released on 31st December 2022.

With three job advertisements since June 17, 2015, Teescraft Engineering has been active on the labour market. On January 19, 2017, it was recruiting new workers for a full time Cnc Operator position in Bishop Auckland, and on June 17, 2015, for the vacant position of a full time Welder in Bishop Auckland. As of yet, they have looked for workers for the Cnc Lathe Setter posts.

This business owes its success and constant progress to three directors, who are Stephen Y., John L. and Robert Y., who have been managing the company since 2006. To provide support to the directors, the business has been utilizing the skillset of John L. as a secretary since January 2003.

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	116 398	357 620
Current Assets	7 782 860	13 482 156
Debtors	5 145 775	8 925 548
Net Assets Liabilities	6 399 740	9 075 089
Other Debtors	147 084	310 471
Property Plant Equipment	3 731 303	3 912 132
Total Inventories	2 520 687	4 198 988

Other Financial Data
Accrued Liabilities	1 162 227	2 173 491
Accrued Liabilities Deferred Income	381 457	374 334
Accumulated Amortisation Impairment Intangible Assets	-210 331	-294 712
Accumulated Depreciation Impairment Property Plant Equipment	7 039 355	8 099 490
Amounts Owed By Associates	16 571	64 560
Amounts Owed By Group Undertakings	258 812	261 812
Amounts Owed To Group Undertakings	1 300 209	1 641 739
Average Number Employees During Period	188	207
Bank Borrowings	113 235	98 784
Bank Borrowings Overdrafts	1 409 135	1 309 900
Comprehensive Income Expense	1 193 559	2 907 849
Creditors	2 004 871	1 882 331
Dividends Paid	221 000	232 500
Finance Lease Liabilities Present Value Total	463 395	169 829
Fixed Assets	6 503 181	6 768 391
Future Minimum Lease Payments Under Non-cancellable Operating Leases	81 430	81 430
Increase Decrease In Property Plant Equipment		205 200
Increase From Amortisation Charge For Year Intangible Assets		-84 381
Increase From Depreciation Charge For Year Property Plant Equipment		1 060 135
Intangible Assets	-590 957	-506 576
Intangible Assets Gross Cost	-801 288
Investments Fixed Assets	3 362 835	3 362 835
Investments In Group Undertakings	3 362 835	3 362 835
Merchandise	2 520 687	4 198 988
Net Current Assets Liabilities	2 244 878	4 563 693
Number Shares Issued Fully Paid		100
Other Creditors	11 147
Other Investments Other Than Loans	300 000	-300 000
Other Taxation Social Security Payable	176 083	490 664
Percentage Class Share Held In Subsidiary		100
Prepayments Accrued Income	434 992	597 888
Profit Loss	1 461 055	2 907 849
Property Plant Equipment Gross Cost	10 770 658	12 011 622
Provisions	343 448	374 664
Provisions For Liabilities Balance Sheet Subtotal	343 448	374 664
Total Additions Including From Business Combinations Property Plant Equipment		1 240 964
Total Assets Less Current Liabilities	8 748 059	11 332 084
Total Borrowings	3 362 271	3 950 101
Trade Creditors Trade Payables	2 110 537	4 209 599
Trade Debtors Trade Receivables	4 288 316	7 515 889