Terraspan Pipe Fittings Limited in Vine Lane Halesowen West Midland, B63 3EB

Description

Data updated on: 01-11-2023

Terraspan Pipe Fittings started its operations in 1961 as a Private Limited Company under the ID 00706106. This business has been active for sixty three years and it's currently active. This firm's registered office is registered in Vine Lane Halesowen West Midland at Suite No 2. Anyone can also find the company utilizing its postal code : B63 3EB. This firm debuted under the name Terraspan (u.k.), though for the last twenty three years has been on the market under the name Terraspan Pipe Fittings Limited. The enterprise's declared SIC number is 25110, that means Manufacture of metal structures and parts of structures. Terraspan Pipe Fittings Ltd released its account information for the financial period up to 2022-12-31. The firm's most recent confirmation statement was released on 2023-04-04.

In order to be able to match the demands of the clients, the company is being developed by a unit of three directors who are Karen P., Angus P. and Mark P.. Their mutual commitment has been of crucial importance to this specific company since 2020. To support the directors in their duties, this specific company has been utilizing the skills of Angus P. as a secretary for the last five years.

Previous company's names
Terraspan Pipe Fittings Limited 2001-12-05
Terraspan (u.k.) Limited 1961-10-19

Financial data based on annual reports

Profit & Loss
Date of Accounts	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	2023-12-31
Currency
Net Worth	638 183	650 426	649 129

Balance Sheet
Cash Bank On Hand			318 477	351 785	302 074	223 533	311 921	231 816	201 316	364 268	73 432
Current Assets	622 262	630 143	615 306	676 988	626 046	576 496	652 142	701 487	588 190	1 239 915	1 051 235
Debtors	85 961	83 218	57 736	79 756	77 072	102 620	114 070	222 926	115 277	360 729	268 549
Net Assets Liabilities			649 129	658 963	625 407	584 581	627 313	659 113	636 500	793 270	852 031
Property Plant Equipment			101 401	94 763	90 111	85 482	100 921	92 807	628 943	615 427	609 414
Total Inventories			239 093	245 447	246 900	250 343	226 151	246 745	271 597	514 918	709 254
Cash Bank In Hand	296 544	309 416	318 477
Net Assets Liabilities Including Pension Asset Liability	638 183	650 426	649 129
Other Debtors			14 593	18 910	7 017	14 212	17 407
Stocks Inventory	239 757	237 509	239 093
Tangible Fixed Assets	98 625	93 849	101 401

Capital & Reserves
Called Up Share Capital	6 000	6 000	6 000
Profit Loss Account Reserve	613 051	625 294	623 997
Shareholder Funds	638 183	650 426	649 129

Other Financial Data
Accrued Liabilities Deferred Income							20 345	11 823	4 924	48 566	47 466
Accumulated Depreciation Impairment Property Plant Equipment			62 237	68 875	73 527	78 156	45 576	53 960	63 015	77 523	93 467
Average Number Employees During Period			6	5	5	5	6	6	6	6	6
Balances Amounts Owed By Related Parties									-500 000	-90 000	-65 040
Bank Borrowings Overdrafts									500 000	500 000	500 000
Corporation Tax Recoverable								1 081
Creditors			63 357	109 688	88 373	75 624	120 649	131 228	77 563	562 072	308 618
Deferred Tax Liabilities							5 101	3 953	3 070
Finished Goods Goods For Resale							226 151	246 745	271 597	514 918	709 254
Fixed Assets							100 921	92 807	628 943	615 427	609 414
Increase Decrease In Depreciation Impairment Property Plant Equipment								4 909	3 682	2 762	2 071
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Other Comprehensive Income								-1 148	-883	-3 070
Increase From Depreciation Charge For Year Property Plant Equipment				6 638	4 652	4 629	3 397	8 384	9 055	14 508	15 944
Loans From Directors										90 000	65 040
Net Current Assets Liabilities	542 809	559 080	551 949	567 300	537 673	500 872	531 493	570 259	510 627	677 843	742 617
Other Creditors			10 009	14 763	10 853	10 645	18 214	3 368	1 560	3 128	4 314
Other Remaining Borrowings									500 000	500 000	500 000
Other Taxation Social Security Payable			23 946	33 093	24 147	23 842	36 961	37 188	19 631	79 851	61 303
Prepayments Accrued Income							6 533	6 662	6 556	8 371	4 600
Property Plant Equipment Gross Cost			163 638	163 638	163 638	163 638	146 497	146 767	691 958	692 950	702 881
Recoverable Value-added Tax							10 874	4 608	8 170	31 194	10 427
Taxation Including Deferred Taxation Balance Sheet Subtotal							-5 101	-3 953	-3 070
Total Additions Including From Business Combinations Property Plant Equipment							25 670	270	545 191	992	9 931
Total Assets Less Current Liabilities	641 434	652 929	653 350	662 063	627 784	586 354	632 414	663 066	1 139 570	1 293 270	1 352 031
Total Borrowings									500 000	500 000	500 000
Trade Creditors Trade Payables			29 402	61 832	53 373	41 137	60 623	78 849	51 448	340 527	130 495
Trade Debtors Trade Receivables			43 143	60 846	70 055	88 408	96 663	210 575	100 551	321 164	253 522
Creditors Due Within One Year	79 453	71 063	63 357
Number Shares Allotted		6 000	6 000
Par Value Share		1	1
Provisions For Liabilities Balance Sheet Subtotal			4 221	3 100	2 377	1 773	5 101
Provisions For Liabilities Charges	3 251	2 503	4 221
Revaluation Reserve	19 132	19 132	19 132
Share Capital Allotted Called Up Paid	6 000	6 000	6 000
Tangible Fixed Assets Additions			16 257
Tangible Fixed Assets Cost Or Valuation	162 091	162 091	163 638
Tangible Fixed Assets Depreciation	63 466	68 242	62 237
Tangible Fixed Assets Depreciation Charged In Period		4 776	2 757
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			8 762
Tangible Fixed Assets Disposals			14 710
Disposals Decrease In Depreciation Impairment Property Plant Equipment							35 977
Disposals Property Plant Equipment							42 811
Payments Received On Account							4 851