Tekzone Sound And Vision Limited in Dorking, RH4 3HW

Description

Data updated on: 01-11-2023

The firm operates as Tekzone Sound And Vision Limited. It was established eighty seven years ago and was registered with 00330823 as the registration number. This particular registered office of the company is located in Dorking. You may find it at Unit 5 Glebelands Centre, Vincent Lane. The company known today as Tekzone Sound And Vision Limited was known under the name Walton Cameras until 2003-01-14 then the business name got changed. This company's principal business activity number is 47540 and has the NACE code: Retail sale of electrical household appliances in specialised stores. Tekzone Sound And Vision Ltd released its account information for the period up to Fri, 31st Mar 2023. Its latest annual confirmation statement was submitted on Thu, 23rd Mar 2023.

Because of this firm's constant development, it became vital to formally appoint extra directors: Melissa R., Christopher G. and James G. who have been working as a team since 1996-03-24 for the benefit of the business. Furthermore, the managing director's assignments are regularly assisted with by a secretary - Christopher G., who was appointed by the following business on 2011-03-22.

Previous company's names
Tekzone Sound And Vision Limited 2003-01-14
Walton Cameras Limited 1937-08-19

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	5 441	5 197	87 110	612 368
Current Assets	1 959 978	2 974 039	3 442 392	3 698 228
Debtors	397 308	433 839	896 687	706 194
Net Assets Liabilities	1 531 890	1 311 217	1 491 248	2 010 471
Other Debtors	115 617	145 758	140 397	161 916
Property Plant Equipment	947 597	731 476	603 436	452 577
Total Inventories	1 557 229	2 535 003	2 458 595	2 379 666

Other Financial Data
Audit Fees Expenses			6 300	8 000
Accrued Liabilities Deferred Income	48 800	52 050	13 048	21 673
Accumulated Depreciation Impairment Property Plant Equipment	1 246 129	1 462 250	1 648 774	1 799 633
Additions Other Than Through Business Combinations Property Plant Equipment			58 484
Administrative Expenses			3 645 482	3 815 923
Average Number Employees During Period	56	57	63	55
Bank Borrowings		500 000	613 395	503 015
Bank Borrowings Overdrafts	59 515	426 048	313 288	250 917
Bank Overdrafts		335 233
Cash Cash Equivalents Cash Flow Value		-330 036	87 110	612 368
Corporation Tax Payable		21 940	91 697	174 982
Corporation Tax Recoverable	70 306	80 785	34 952
Cost Sales			8 845 656	10 143 202
Creditors	213 567	426 048	313 288	250 917
Current Tax For Period			91 697	174 982
Deferred Income	156 483	191 838	208 084	72 619
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period			-16 346
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-16 346	-4 379
Depreciation Expense Property Plant Equipment			186 524	150 859
Depreciation Impairment Expense Property Plant Equipment			186 524	150 859
Dividend Per Share Interim			548	548
Dividends Paid			114 000	114 000
Dividends Paid Classified As Financing Activities			-114 000	-114 000
Dividends Paid On Shares Interim			114 000	114 000
Finance Lease Liabilities Present Value Total	213 567	213 567
Finished Goods Goods For Resale		2 535 003	2 458 595	2 379 666
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities			-113 395	110 380
Further Item Interest Expense Component Total Interest Expense				-612
Further Item Tax Increase Decrease Component Adjusting Items			626
Future Minimum Lease Payments Under Non-cancellable Operating Leases	131 510	1 937 168	1 814 866	2 252 817
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			-526 030	247 307
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			508 681	-155 541
Gain Loss In Cash Flows From Change In Inventories			-76 408	-78 929
Government Grant Income			60 729
Gross Profit Loss			3 401 483	4 241 814
Income Taxes Paid Refund Classified As Operating Activities			-16	-56 745
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-417 146	-525 258
Increase Decrease In Current Tax From Adjustment For Prior Periods			23 909
Increase From Depreciation Charge For Year Property Plant Equipment		216 121	186 524	150 859
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings			57 454	53 475
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			12 459
Interest Income On Bank Deposits				8
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss				8
Interest Paid Classified As Operating Activities			-69 913	-52 863
Interest Payable Similar Charges Finance Costs			69 913	52 863
Interest Received Classified As Investing Activities				-8
Net Cash Generated From Operations			-759 731	-859 238
Net Current Assets Liabilities	923 297	1 100 424	1 279 389	1 882 721
Net Finance Income Costs				8
Operating Profit Loss			463 204	856 681
Other Creditors	6 198	-1 026	7 753	3 709
Other Interest Receivable Similar Income Finance Income				8
Other Operating Income Format1			707 203	430 790
Other Taxation Social Security Payable	106 829	203 614	156 302	218 286
Payments Finance Lease Liabilities Classified As Financing Activities			-213 567
Pension Other Post-employment Benefit Costs Other Pension Costs			27 157	29 576
Prepayments Accrued Income	154 794	66 003	311 403	159 506
Profit Loss			294 031	633 223
Profit Loss On Ordinary Activities Before Tax			393 291	803 826
Property Plant Equipment Gross Cost	2 193 726	2 193 726	2 252 210
Provisions For Liabilities Balance Sheet Subtotal	125 437	94 635
Purchase Property Plant Equipment			-58 484
Social Security Costs			138 993	161 286
Staff Costs Employee Benefits Expense			1 727 299	1 759 417
Taxation Including Deferred Taxation Balance Sheet Subtotal		94 635	78 289	73 910
Tax Expense Credit Applicable Tax Rate			74 725	152 727
Tax Increase Decrease From Effect Capital Allowances Depreciation			-19 094	-6 546
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			35 440	24 422
Tax Tax Credit On Profit Or Loss On Ordinary Activities			99 260	170 603
Total Assets Less Current Liabilities	1 870 894	1 831 900	1 882 825	2 335 298
Total Borrowings		835 233	613 395	250 917
Total Current Tax Expense Credit			115 606	174 982
Total Operating Lease Payments			66 286	63 248
Trade Creditors Trade Payables	358 314	782 447	1 386 012	1 072 140
Trade Debtors Trade Receivables	56 591	141 293	409 935	384 772
Turnover Revenue			12 247 139	14 385 016
Wages Salaries			1 561 149	1 568 555
Company Contributions To Defined Benefit Plans Directors			1 321	1 321
Director Remuneration		84 304	166 744	169 933
Director Remuneration Benefits Including Payments To Third Parties		84 304	168 065	171 254