The West Group (fluid Power) Limited in Portsmouth, PO7 7XJ

Description

Data updated on: 01-11-2023

The West Group (fluid Power) Limited is categorised as Private Limited Company, located in 29 Aston Road, Waterlooville, Portsmouth. The company's located in PO7 7XJ. The firm exists since 1982-09-01. The company's registration number is 01661106. This company's classified under the NACE and SIC code 25620 - Machining. 2022-08-31 is the last time account status updates were reported.

From the data we have gathered, the following company was incorporated in September 1982 and has so far been guided by nine directors, and out of them six (Paul W., Heather W., Emma W. and 3 other members of the Management Board who might be found within the Company Staff section of this page) are still functioning.

Owen W. is the individual who controls this firm, owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-08-31	2013-08-31	2014-08-31	2015-08-31	2020-08-31	2021-08-31	2022-08-31
Currency
Net Worth	379 375	379 375	379 375	379 375

Balance Sheet
Cash Bank On Hand					2 266 537	754 244	1 279 298
Current Assets	3 716 280	4 260 308	6 081 660	6 423 378	17 280 151	16 720 879	19 210 314
Debtors	932 796	414 773	485 273	310 186	314 090	314 090	314 090
Net Assets Liabilities					9 212 198	9 662 993	11 585 310
Other Debtors	52	52	53	53	78 384	1 115 649	217 087
Total Inventories					3 430 060	3 153 014	3 942 531
Cash Bank In Hand	378 859	579 324	1 177 327	1 504 312
Intangible Fixed Assets	205 625
Net Assets Liabilities Including Pension Asset Liability	379 375	379 375	379 375	379 375
Stocks Inventory	846 427	886 174	1 241 506	1 383 253
Tangible Fixed Assets	782 430	712 497	616 837	551 457
Trade Debtors	1 869 391	2 122 198	2 111 350	2 031 440

Capital & Reserves
Called Up Share Capital	2 600	2 600	2 600	2 600
Profit Loss Account Reserve	376 775	376 775	376 775	376 775
Shareholder Funds	379 375	379 375	379 375	379 375

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets					19 095	27 257	35 420
Accumulated Depreciation Impairment Property Plant Equipment					9 061	9 061	9 061
Additions Other Than Through Business Combinations Intangible Assets						3 000
Additions Other Than Through Business Combinations Property Plant Equipment						83 405	37 488
Administrative Expenses	3 586 581		4 150 008		8 594 978	8 758 333	10 457 967
Amortisation Expense Intangible Assets					40 029	48 405	49 473
Amounts Owed By Related Parties					235 706	235 706	235 706
Amounts Owed To Related Parties					3 514 541	3 514 542	3 514 541
Average Number Employees During Period					121	121	142
Balances With Banks					2 264 882	753 427	1 278 383
Bank Borrowings Overdrafts	1 012 198	978 005	931 932	881 721	-700 461	-257 744	-180 176
Cash Cash Equivalents					2 266 537	754 244	1 279 298
Cash Cash Equivalents Cash Flow Value					1 566 076	496 500
Cash On Hand					1 655	817	915
Comprehensive Income Expense					2 484 585	14 655
Comprehensive Income Expense Attributable To Owners Parent					2 484 585	14 655
Cost Sales	5 714 486		5 361 363		10 008 259	9 538 705	11 811 030
Creditors					2 131 223	2 799 779	2 766 377
Current Tax For Period					396 700	186 995	400 566
Deferred Tax Asset Debtors							87 802
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences					96 211	43 252	67 354
Depreciation Amortisation Expense					551 907	575 823	749 405
Depreciation Expense Property Plant Equipment					511 878	527 418	699 932
Disposals Decrease In Depreciation Impairment Property Plant Equipment						-42	-188
Disposals Property Plant Equipment						-2 528	-49 094
Dividend Per Share Interim					10	13	14
Dividends Paid						-657 140	-704 120
Dividends Paid Classified As Financing Activities					-525 274	-657 140	-704 120
Finished Goods Goods For Resale	404 038	420 288	462 680	570 298	798 855	1 117 756	892 009
Fixed Assets					8 083 520	8 418 870	10 609 669
Foreign Exchange Differences Increase Decrease In Depreciation Impairment Property Plant Equipment							-570 396
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities					-110 930	-90 705	401 936
Further Item Debtors Component Total Debtors					189 906	38 261	179 463
Gain Loss From Revaluation Property Plant Equipment Recognised In Profit Or Loss						-2 487	124 923
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables					1 285 990	-2	1
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables					847 802	1 381 711	945 860
Gain Loss In Cash Flows From Change In Inventories					1 201 480	-277 046	789 517
Gain Loss On Disposals Property Plant Equipment						-2 487	124 923
Government Grant Income					88 159	45 767	10 450
Gross Profit Loss	4 176 181		5 460 179		11 670 134	9 437 158	12 933 200
Income From Leasing Plant Equipment					-438		-2 087
Income From Shares In Group Undertakings					-1
Income Taxes Paid Refund Classified As Operating Activities					289 623	-9 315	533 108
Increase Decrease From Foreign Exchange Differences Property Plant Equipment							1 648
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					-1	1	-1
Increase Decrease In Cash Cash Equivalents From Foreign Exchange Differences					1	-1	1
Increase Decrease In Current Tax From Adjustment For Prior Periods					-182 913	-34 390	-44 574
Increase From Amortisation Charge For Year Intangible Assets						8 162	8 163
Increase From Depreciation Charge For Year Property Plant Equipment						31 763	31 587
Intangible Assets					62 530	54 368	46 205
Intangible Assets Gross Cost					81 625	81 625	81 625
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings					74 485	67 391	88 197
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss					14 348	806	5 031
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts					9 380	23 003	20 656
Interest Paid Classified As Financing Activities					-98 213	-91 200	-113 884
Interest Paid Classified As Operating Activities					98 213	91 200	113 884
Interest Payable Similar Charges Finance Costs					365 488	572 558	127 152
Interest Received Classified As Investing Activities					525 273	657 140	704 120
Interest Received Classified As Operating Activities					525 273	657 140	704 120
Investments In Subsidiaries					3 846 244	3 846 244	3 846 244
Loss On Financing Activities Due To Foreign Exchange Differences					267 275	22 070	13 268
Net Cash Flows From Used In Financing Activities					-140 177	-179 321	-635 440
Net Cash Flows From Used In Investing Activities					-1 704 487	-1 543 170	-1 638 689
Net Cash Flows From Used In Operating Activities					2 395 032	1	-1
Net Cash Generated From Operations					2 684 655	643 601	3 409 859
Net Cash Inflow Outflow From Operations Before Movements In Working Capital					3 447 947	-1	3 449 980
Net Current Assets Liabilities	-672 275	-672 275	-672 275	-672 275	3 717 310	3 722 185	4 413 880
Number Shares Issued Fully Paid					52 000	52 000	52 000
Operating Profit Loss	629 100	724 765	1 349 671	1 388 876	3 163 315	1 224 194	2 838 766
Other Creditors					207 162	207 163	502 192
Other Employee Expense					2 519	3 176	3 587
Other Finance Income							1 345
Other Interest Receivable Similar Income Finance Income							1 345
Other Inventories					131 993	45 074	77 103
Other Operating Income Format1					88 159	104 245	363 533
Other Payables Accrued Expenses					1 777 552	1 513 347	2 436 789
Other Post-employment Benefit Costs					93 798	110 724	131 184
Other Remaining Operating Income						58 478	353 083
Other Revenue					33 128	2 244 136	960
Par Value Share		0		0		0	0
Payments Finance Lease Liabilities Classified As Financing Activities					251 261	-95 130	-127 762
Pension Costs Defined Contribution Plan					65 909	64 476	88 256
Prepayments					345 434	391 238	382 562
Proceeds From Sales Property Plant Equipment						-1	174 579
Profit Loss					525 273	657 139	704 120
Profit Loss Attributable To Owners Parent					2 484 585	14 655	2 289 613
Profit Loss On Ordinary Activities Before Tax	469 908	530 001	1 613 475	1 321 086	2 797 826	1 110 924	2 712 959
Property Plant Equipment Gross Cost					9 061	9 061	46 549
Provisions For Liabilities Balance Sheet Subtotal					457 409	579 534	671 862
Purchase Intangible Assets					-34 683	-538 712
Purchase Property Plant Equipment					-1 669 803	-1 004 458	-1 814 613
Raw Materials Consumables					2 496 374	1 988 380	2 963 169
Rental Income From Investment Property					25 000	19 048
Research Development Expense Recognised In Profit Or Loss						3 087	2 345
Revenue From Sale Goods					21 620 703	16 731 727	24 745 357
Social Security Costs	104 673		194 521		601 862	649 551	655 790
Staff Costs Employee Benefits Expense					7 470 422	7 578 542	9 329 272
Taxation Social Security Payable					685 732	630 900	304 923
Tax Tax Credit On Profit Or Loss On Ordinary Activities					313 241	195 857	423 346
Total Assets Less Current Liabilities	2 045 603	2 057 686	3 080 379	3 933 708	11 800 830	12 141 054	15 023 549
Total Borrowings					2 131 223	2 799 779	2 766 377
Total Deferred Tax Expense Credit					99 454	43 252
Total Operating Lease Payments					182 961	189 713	204 016
Trade Creditors Trade Payables					1 357 796	1 662 369	2 539 507
Trade Debtors Trade Receivables					2 887 285	3 710 016	5 014 775
Turnover Revenue					21 678 393	18 994 911	24 744 230
Unpaid Contributions To Pension Schemes					1 770	1 760	4 907
Wages Salaries	2 729 426		3 333 140		6 706 334	7 090 615	8 450 455
Work In Progress	109 473	105 440	138 773	115 649	2 838	1 804	10 250
Director Remuneration	806 712	1 073 304	1 053 048	1 136 292	2 138 689	1 789 040	2 953 939
Audit Fees Expenses		13 000	21 000	17 400
Total Fees To Auditors		13 000	21 000	17 400
Company Contributions To Money Purchase Schemes Directors	3 124	3 750	4 875	2 184
Accruals Deferred Income Within One Year	294 320	1 156 288	863 476	809 620
Administration Support Average Number Employees	81		76
Amortisation Intangible Assets Expense	215 625
Amounts Owed By Subsidiaries	932 744	414 721	485 220	310 133
Amounts Owed To Subsidiaries Within One Year	543 010	459 838	1 318 134	1 374 342
Bank Loans Overdrafts Finance Charges	145 518		116 111
Bank Overdrafts	525 679	252 522		7 923
Capital Element Finance Lease Rental Payments	76 500
Cash Flow Outflow Before Management Liquid Resources Financing	141 145		896 827
Cash Flow Outflow From Financing	-120 494
Cash Flow Outflow From Operating Activities	732 056		901 384
Cash Flow Outflow From Returns On Investments Servicing Finance	-159 192		263 804
Corporation Tax Due Within One Year	182 566	178 318	283 994	176 478
Creditors Due After One Year	1 012 198	978 005	931 932	881 721
Creditors Due Within One Year	1 605 071	1 087 048	1 157 548	982 461
Debt Due After One Year	1 012 198	978 005	931 932	881 721
Debt Due Within One Year	56 749	45 870	45 641	45 552
Decrease Increase In Debtors	962 644		-1 038 691
Decrease Increase In Net Debt During Period	141 145		896 827
Decrease Increase In Net Debt Resulting From Cash Flows	141 145		896 827
Decrease Increase In Stocks	-14 343		-355 331
Depreciation Tangible Fixed Assets Expense	132 324	90 077	104 046	102 092
Difference Between Accumulated Depreciation Amortisation Capital Allowances	135 867	124 392	111 205	73 258
Dividends Withdrawn From Total Reserves	208 000	208 000	208 600	208 000
Equity Dividends Paid	208 000		208 600
Fixed Asset Investments Cost Or Valuation	1 052 650	1 052 650	1 052 650	1 052 650
Fixed Asset Investments Provisions	1 000		1 000
Foreign Exchange Gain Loss Recognised In Profit Loss	-55 901		-1 058
Gain Loss From Disposal Fixed Assets			-36 151
Geographic Segment Revenue By Destination			9 521 384	9 242 719
Hire Leasing Plant Machinery Costs	64 336		56 643
Hire Property Other Lease Expenditure	214 227		229 364
Increase Decrease In Creditors	-1 193 294		806 316
Increase Decrease In Net Cash For Period	20 651		850 525
Increase Decrease In U K Corporation Tax Arising From Adjustment For Prior Periods			-42 766
Increase Decrease In U K Tax From Origination Reversal Timing Differences	-11 833		-13 187
Instalment Debts Due After5 Years	311 641	297 264	281 544	265 215
Intangible Fixed Assets Aggregate Amortisation Impairment	872 500	1 078 125	1 078 125	1 078 125
Intangible Fixed Assets Amortisation Charged In Period		205 625
Intangible Fixed Assets Cost Or Valuation	1 078 125	1 078 125	1 078 125	1 078 125
Interest Element Finance Lease Rental Payments	13 502
Interest Paid	145 690		116 111
Interest Payable Similar Charges	159 192	194 764	116 111	67 790
Interest Received			379 915
Interim Payment	208 000	208 000	208 600	208 600
Investments Fixed Assets	1 051 650	1 051 650	1 051 650	1 051 650
Leases Hire Purchase Contracts Finance Charges	13 502
Loans From Directors Within One Year	961 220	961 220	1 031 719	856 632
Net Debt Funds	1 269 855	697 073	-199 754	-569 116
Net Increase Decrease In Shareholders Funds	88 563		1 081 950
Number Shares Allotted	52 000	52 000	52 000	52 000
Obligations Under Finance Lease Hire Purchase Contracts	54 088
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	54 088
Other Borrowings Interest Payments Similar Charges	172
Other Creditors Due Within One Year	643 851	125 828	125 829	125 829
Other Interest Receivable			379 915
Other Interest Receivable Similar Income			379 915
Other Operating Income	39 500		39 500
Other Reserves	2 500	2 500	2 500	2 500
Other Taxation Social Security Within One Year	255 916	349 740	313 268	285 704
Pension Costs	4 155		8 993
Pension Costs Defined Contribution Scheme	4 155	4 781	8 993	9 694
Prepayments Accrued Income Current Asset	34 306	19 712	81 536	99 948
Profit Loss For Period	208 000	208 000	208 600	208 000
Provisions Charged Credited To Profit Loss Account During Period		-11 475		-22 293
Provisions For Liabilities Charges	135 867	124 392	111 205	88 912
Repayment Borrowings	43 994		46 302
Revaluation Reserve	817 714	722 920	722 920	722 921
Revaluation Surplus In Period		-94 794
Staff Costs	2 838 254		3 536 654
Stocks Raw Materials Consumables	332 916	360 446	640 053	631 298
Tangible Fixed Assets Additions		10 000		3 488
Tangible Fixed Assets Cost Or Valuation	2 621 754	2 631 754	2 083 760	2 087 248
Tangible Fixed Assets Depreciation	1 839 324	1 919 257	1 466 923	1 535 791
Tangible Fixed Assets Depreciation Charged In Period		79 933		68 868
Tangible Fixed Assets Depreciation Other Increase Decrease		-301 781
Tangible Fixed Assets Increase Decrease From Revaluations		-396 575
Taxation Expense Credit	223 719		59 761
Tax On Profit Or Loss On Ordinary Activities	173 345	169 456	322 925	186 653
Total Depreciation Amortisation Impairment Charges	347 949		103 268
Total Recognised Gain Loss For Period	296 563	265 751
Trade Creditors Within One Year	633 078	782 534	940 458	668 431
Turnover Gross Operating Revenue	9 890 667	11 000 941	10 770 821	10 733 891
U K Current Corporation Tax			336 112
U K Current Corporation Tax On Income For Period	185 178		378 878
Value Shares Allotted	2 600	2 600	2 600	2 600

Resigned: 30 September 2014

Latest update: 10 April 2024

Philip B.

Role: Secretary

Appointed: 01 May 2008

Resigned: 30 September 2014

Latest update: 10 April 2024

Owen W.

Role: Director

Appointed: 11 September 1997

Resigned: 20 September 2000

Latest update: 10 April 2024

Emma W.

Role: Secretary

Appointed: 01 September 1996

Resigned: 01 May 2008

Latest update: 10 April 2024

Christine W.

Role: Director

Appointed: 16 August 1992

Resigned: 31 August 1996

Latest update: 10 April 2024

People with significant control

Owen W.

Notified on 6 April 2016

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	31 May 2024
Account last made up date	31 August 2022
Confirmation statement next due date	15 May 2024
Confirmation statement last made up date	01 May 2023

Annual Accounts
Start Date For Period Covered By Report	2012-09-01
Annual Accounts 7 March 2016
Start Date For Period Covered By Report	2014-09-01
End Date For Period Covered By Report	2015-08-31
Date Approval Accounts	7 March 2016
Annual Accounts
Start Date For Period Covered By Report	2020-09-01
End Date For Period Covered By Report	2021-08-31
Annual Accounts
Start Date For Period Covered By Report	2021-09-01
End Date For Period Covered By Report	2022-08-31
Annual Accounts 28 August 2014
End Date For Period Covered By Report	2013-08-31
Date Approval Accounts	28 August 2014

The West Group (fluid Power) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Paul W.

Heather W.

Emma W.

Richard O.

Mark M.

Brian W.

Philip B.

Philip B.

Owen W.

Emma W.

Christine W.

People with significant control

Owen W.

Accounts Documents

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