The Electrical Network Limited in Paisley, PA3 4AY

Description

Data updated on: 01-11-2023

The official date the company was registered is 1999-10-04. Started under no. SC200506, the company is considered a Private Limited Company. You can reach the headquarters of the company during its opening hours under the following location: 76 Abercorn Street, PA3 4AY Paisley. This enterprise's SIC code is 47540, that means Retail sale of electrical household appliances in specialised stores. The company's latest filed accounts documents were submitted for the period up to 2022-05-31 and the most recent annual confirmation statement was filed on 2023-04-08.

The limited company owes its success and permanent improvement to exactly three directors, who are Kim M., Graeme D. and Edward M., who have been overseeing the company for eighteen years.

Executives who control this firm include: Graeme D. owns 1/2 or less of company shares. Edward M. owns 1/2 or less of company shares. Edward M. owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-05-31	2012-05-31	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	148 465	308 362	414 876	461 034	659 838	875 135

Balance Sheet
Cash Bank In Hand	64 331	17 683	162 818	81 446	187 406	434 112
Cash Bank On Hand						434 112	638 574	141 074	223 675	54 500	715 323	468 543	1 400 512
Current Assets	1 207 095	1 450 119	1 445 071	1 172 637	1 296 395	1 656 798	1 840 729	1 992 851	2 534 894	1 799 454	3 054 264	3 362 609	3 942 867
Debtors	695 742	988 054	905 214	831 379	824 575	809 723	873 805	1 339 635	1 484 987	995 325	1 365 895	1 867 655	1 617 359
Net Assets Liabilities						875 135	1 130 297	1 175 691	1 361 773	1 511 277	1 970 299	2 610 835	3 005 064
Net Assets Liabilities Including Pension Asset Liability	148 465	308 362	414 876	461 034	659 838	875 135
Other Debtors						14 774	15 320	127 388	132 275	136 008	100 078	152 320	40 645
Property Plant Equipment						753 348	750 610	1 133 945	1 613 258	1 541 275	1 404 817	1 356 378
Stocks Inventory	447 022	444 382	377 039	259 812	284 414	412 963
Tangible Fixed Assets	411 916	422 080	943 015	860 812	797 381	753 348
Total Inventories						412 963	328 350	512 142	826 232	749 629	973 046	1 026 411	924 996

Capital & Reserves
Called Up Share Capital	2	2	2	2	2	2
Profit Loss Account Reserve	148 463	308 360	414 874	461 032	659 836	875 133
Shareholder Funds	148 465	308 362	414 876	461 034	659 838	875 135

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						719 101	695 260	791 829	847 755	985 498	1 129 849	1 162 628	644 717
Average Number Employees During Period							34	34	38	40	41	37	38
Bank Borrowings						128 479
Bank Borrowings Overdrafts						114 965	495 289	351 829	424 836	240 978
Bank Overdrafts						466 562	495 289	351 829	424 836	240 978
Creditors						128 166	39 897	279 575	695 934	618 305	610 329	592 460	1 689 652
Creditors Due After One Year	193 432	127 126	604 345	474 540	347 401	128 166
Creditors Due Within One Year	1 275 317	1 422 353	1 348 824	1 082 718	1 076 119	1 393 557
Disposals Decrease In Depreciation Impairment Property Plant Equipment							100 174		58 857	19 042	3 721	106 826	43 169
Disposals Property Plant Equipment							110 484	17 000	97 899	37 590		160 318	52 945
Finance Lease Liabilities Present Value Total						13 201	39 897	72 576	51 070	52 108	21 174	44 720	75 333
Increase Decrease In Property Plant Equipment							83 505	161 826	92 034	93 350		136 750	114 439
Increase From Depreciation Charge For Year Property Plant Equipment							76 333	96 569	114 783	156 785	148 072	139 605	78 353
Net Current Assets Liabilities	-68 222	27 766	96 247	89 919	220 276	263 241	427 441	353 045	468 342	609 640	1 187 077	1 857 229	2 253 215
Number Shares Allotted		2	2	2	2	2
Other Creditors						111 775	132 135	206 999	644 864	566 197	589 155	547 740	238 169
Other Taxation Social Security Payable						137 162	174 295	41 567	141 941	228 162	408 262	290 796	272 812
Par Value Share		1	1	1	1	1
Property Plant Equipment Gross Cost						1 472 449	1 445 870	1 925 774	2 461 013	2 526 773	2 534 666	2 519 006	2 595 096
Provisions For Liabilities Balance Sheet Subtotal						13 288	7 857	31 724	23 893	21 333	11 266	10 312	11 023
Provisions For Liabilities Charges	1 797	14 358	20 041	15 157	10 418	13 288
Secured Debts				869 545	590 134	595 041
Share Capital Allotted Called Up Paid	2	2	2	2	2	2
Tangible Fixed Assets Additions		68 697	626 565	2 322	17 000	34 415
Tangible Fixed Assets Cost Or Valuation	921 812	967 359	1 460 726	1 463 048	1 460 560	1 472 449
Tangible Fixed Assets Depreciation	509 896	545 279	517 711	602 236	663 179	719 101
Tangible Fixed Assets Depreciation Charged In Period		55 083	92 902	84 525	75 737	74 499
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		19 700	120 470		14 794	18 577
Tangible Fixed Assets Disposals		23 150	133 198		19 488	22 526
Total Additions Including From Business Combinations Property Plant Equipment							83 905	496 904	633 138	103 350	7 893	144 658	129 035
Total Assets Less Current Liabilities	343 694	449 846	1 039 262	950 731	1 017 657	1 016 589	1 178 051	1 486 990	2 081 600	2 150 915	2 591 894	3 213 607	3 583 315
Total Borrowings						595 041	495 289	574 162	1 133 985	849 148	650 907
Trade Creditors Trade Payables						653 057	582 162	1 047 283	1 190 334	264 315	1 100 032	877 012	1 113 836
Trade Debtors Trade Receivables						794 949	858 485	1 212 247	1 352 712	859 317	1 265 817	1 715 335	1 576 714