The Prior Way Ltd in Derby, DE72 3HX

Description

Data updated on: 01-11-2023

The Prior Way has been in this business for at least sixteen years. Registered under number 06692404, this company is classified as a Private Limited Company. You can contact the main office of this company during its opening times under the following location: 71-77 Priorway Avenue Borrowash, DE72 3HX Derby. This firm's SIC code is 47110 meaning . The Prior Way Limited filed its account information for the financial year up to 2022-09-27. The business latest confirmation statement was released on 2023-09-09.

That company owes its achievements and constant progress to a team of two directors, specifically Jyoti M. and Vipul M., who have been presiding over the firm since 2008-09-09.

Executives who control the firm include: Jyoti M. has 1/2 or less of voting rights. Vipul M. has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-29	2018-09-28	2019-09-27	2020-09-27	2021-09-27	2022-09-27
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	9 452	10 011	8 028	29 790	13 382

Balance Sheet
Cash Bank In Hand	10 015	15 954	6 181	3 500	4 647
Cash Bank On Hand					4 647	4 090	5 310	15 073	12 336	93 449	30 571	23 900
Current Assets	105 581	91 646	79 435	103 183	87 417	102 891	100 957	120 424	176 916	220 004	185 627	148 127
Debtors	66	4 138	1 853	17 533	12 770	1 667	13 066	41 781	87 131	53 519	92 525	42 270
Intangible Fixed Assets	46 000	23 000
Net Assets Liabilities					13 382	-5 545	23 401	35 411	52 187	-64 555	-83 019	-132 407
Net Assets Liabilities Including Pension Asset Liability	9 452	10 011	8 028	29 790	13 382
Property Plant Equipment					16 177	13 612	11 464	11 975	11 400	26 356	48 193	35 692
Stocks Inventory	95 500	75 511	71 401	82 150	70 000
Tangible Fixed Assets	15 017	12 322	10 142	8 372	16 177
Total Inventories					70 000	97 134	80 914	61 903	74 084	73 036	62 531	81 957

Capital & Reserves
Called Up Share Capital	2	2	2	2	2
Profit Loss Account Reserve	9 450	10 009	8 026	29 788	13 380
Shareholder Funds	9 452	10 011	8 028	29 790	13 382

Other Financial Data
Accrued Liabilities						7 546	2 600
Accrued Liabilities Not Expressed Within Creditors Subtotal							2 600	3 420	3 591	3 771	3 959	9 157
Accumulated Amortisation Impairment Intangible Assets					115 000	115 000	115 000	115 000	115 000	115 000	115 000
Accumulated Depreciation Impairment Property Plant Equipment					21 902	24 467	26 615	29 242	31 858	42 515	55 678	68 633
Administrative Expenses					205 352	266 193	235 348	272 810	280 871	293 159	298 186	311 688
Amounts Owed By Group Undertakings							5 979	34 441	29 887	40 656	26 762	22 987
Amounts Owed To Group Undertakings						23 167
Average Number Employees During Period					11	11	11	20	20	21	19	19
Bank Borrowings					39 609	34 709	29 809	24 909	40 364	189 176	176 878	139 001
Bank Borrowings Overdrafts						4 900	4 900	4 900	25 255	33 784	37 877	61 322
Bank Overdrafts					4 462	5 747						2 729
Comprehensive Income Expense					-16 408	-15 927	38 946	52 010	96 776	-36 742	56 536	5 612
Corporation Tax Payable							8 284	21 240	36 054		9 128	14 457
Cost Sales						1 122 536	1 234 078	1 390 076	1 355 373	1 566 140	1 570 363	1 348 186
Creditors					34 709	29 809	24 909	20 009	15 109	165 427	149 036	105 510
Creditors Due After One Year	66 956	51 716	39 031	39 609	34 709
Creditors Due Within One Year	90 190	69 198	42 518	42 156	55 503
Depreciation Expense Property Plant Equipment					3 075	2 565	2 148	2 627	2 616	10 657	13 163	12 955
Dividends Paid						3 000	10 000	40 000	80 000	80 000	75 000	55 000
Finance Lease Liabilities Present Value Total										10 035	10 035	5 011
Fixed Assets	61 017	35 322	10 142	8 372	16 177	13 612	11 464	11 975	11 400	26 356	48 193	35 692
Gross Profit Loss					189 789	251 013	283 227	340 261	401 225	234 620	360 394	321 836
Increase From Depreciation Charge For Year Property Plant Equipment						2 565	2 148	2 627	2 616	10 657	13 163	12 955
Intangible Assets Gross Cost					115 000	115 000	115 000	115 000	115 000	115 000	115 000
Intangible Fixed Assets Aggregate Amortisation Impairment	69 000	92 000	115 000	115 000
Intangible Fixed Assets Amortisation Charged In Period		23 000	23 000
Intangible Fixed Assets Cost Or Valuation	115 000	115 000	115 000	115 000
Interest Payable Similar Charges Finance Costs					845	747	649	551	810	7 702	3 516	4 252
Net Current Assets Liabilities	15 391	26 405	36 917	61 027	31 914	10 652	36 846	48 799	61 335	82 996	30 659	-46 914
Number Shares Allotted		2	2	2	2
Obligations Under Finance Leases Hire Purchase Contracts After Five Years	35 651	28 411	2 471	20 009	15 109
Operating Profit Loss					-15 563	-15 180	47 879	67 451	120 354	-35 326	73 486	11 181
Other Creditors						8 581	6 146	1 300	196	3 496	6 271	9 090
Other Operating Income Format1										23 213	11 278	1 033
Other Taxation Social Security Payable						7 744	-1 535	-1 800	-983	-1 678	-480	813
Par Value Share		1	1	1	1
Prepayments						1 667	1 667
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal							1 667	1 667	3 365
Profit Loss					-16 408	-15 927	38 946	52 010	96 776	-36 742	56 536	5 612
Profit Loss On Ordinary Activities Before Tax					-16 408	-15 927	47 230	66 900	119 544	-43 028	69 970	6 929
Property Plant Equipment Gross Cost					38 079	38 079	38 079	41 217	43 258	68 871	103 871	104 325
Provisions For Liabilities Balance Sheet Subtotal								1 934	1 848	4 709	8 876	6 518
Secured Debts	80 449	72 354	55 129	51 876	44 071
Share Capital Allotted Called Up Paid	2	2	2	2	2
Tangible Fixed Assets Additions					10 880
Tangible Fixed Assets Cost Or Valuation	27 199	27 199	27 199	27 199	38 079
Tangible Fixed Assets Depreciation	12 182	14 877	17 057	18 827	21 902
Tangible Fixed Assets Depreciation Charged In Period		2 695	2 180	1 770	3 075
Tax Tax Credit On Profit Or Loss On Ordinary Activities							8 284	14 890	22 768	-6 286	13 434	1 317
Total Additions Including From Business Combinations Property Plant Equipment								3 138	2 041	25 613	35 000	454
Total Assets Less Current Liabilities	76 408	61 727	47 059	69 399	48 091	24 264	48 310	60 774	72 735	109 352	78 852	-11 222
Total Borrowings					44 071	40 456	29 809				176 878	141 730
Trade Creditors Trade Payables						13 410	30 710	23 952	32 018	72 520	96 041	103 340
Trade Debtors Trade Receivables							7 087	7 340				19 283
Turnover Revenue						1 373 549	1 517 305	1 730 337	1 756 598	1 800 760	1 930 757	1 670 022
Recoverable Value-added Tax										3 856

Company staff

Jyoti M.

Role: Director

Appointed: 09 September 2008

Latest update: 6 January 2024

Vipul M.

Role: Director

Appointed: 09 September 2008

Latest update: 6 January 2024

People with significant control

Jyoti M.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

right to manage directors

Vipul M.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

right to manage directors

Accounts Documents

Account next due date	27 June 2024
Account last made up date	27 September 2022
Confirmation statement next due date	23 September 2024
Confirmation statement last made up date	09 September 2023

Annual Accounts 30 June 2014
Start Date For Period Covered By Report	01 October 2012
End Date For Period Covered By Report	30 September 2013
Date Approval Accounts	30 June 2014
Annual Accounts 26 June 2015
Start Date For Period Covered By Report	01 October 2013
End Date For Period Covered By Report	30 September 2014
Date Approval Accounts	26 June 2015
Annual Accounts 30 June 2016
Start Date For Period Covered By Report	01 October 2014
End Date For Period Covered By Report	30 September 2015
Date Approval Accounts	30 June 2016
Annual Accounts
Start Date For Period Covered By Report	01 October 2015
End Date For Period Covered By Report	30 September 2016
Annual Accounts
Start Date For Period Covered By Report	01 October 2016
End Date For Period Covered By Report	29 September 2017
Annual Accounts
Start Date For Period Covered By Report	30 September 2017
End Date For Period Covered By Report	28 September 2018
Annual Accounts
Start Date For Period Covered By Report	29 September 2018
End Date For Period Covered By Report	27 September 2019
Annual Accounts
Start Date For Period Covered By Report	28 September 2019
End Date For Period Covered By Report	27 September 2020
Annual Accounts
Start Date For Period Covered By Report	28 September 2020
End Date For Period Covered By Report	27 September 2021
Annual Accounts
Start Date For Period Covered By Report	28 September 2021
End Date For Period Covered By Report	27 September 2022
Annual Accounts 28 June 2013
End Date For Period Covered By Report	30 September 2012
Date Approval Accounts	28 June 2013

The Prior Way Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Jyoti M.

Vipul M.

People with significant control

Jyoti M.

Vipul M.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address,
2012

Address:

Post code:

City / Town:

HQ address,
2013

Address:

Post code:

City / Town:

HQ address,
2014

Address:

Post code:

City / Town:

HQ address,
2015

Address:

Post code:

City / Town:

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The Prior Way Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Jyoti M.

Vipul M.

People with significant control

Jyoti M.

Vipul M.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2012

Address:

Post code:

City / Town:

HQ address, 2013

Address:

Post code:

City / Town:

HQ address, 2014

Address:

Post code:

City / Town:

HQ address, 2015

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

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Closest companies

HQ address,
2012

HQ address,
2013

HQ address,
2014

HQ address,
2015