Thrift Energy Limited in Gateshead, NE11 0HW

Description

Data updated on: 01-11-2023

This enterprise named Thrift Energy was started on March 5, 2012 as a Private Limited Company. This business's head office can be contacted at Gateshead on Unit 31, Kingsway House Kingsway, Team Valley Trading Estate. Should you need to get in touch with the firm by post, the zip code is NE11 0HW. The office reg. no. for Thrift Energy Limited is 07976869. This business's declared SIC number is 43999 which stands for Other specialised construction activities not elsewhere classified. Thrift Energy Ltd reported its latest accounts for the financial year up to 2022-03-31. The latest confirmation statement was filed on 2023-06-19.

With 17 recruitment advertisements since 2014/07/17, the company has been among the most active employers on the labour market. Most recently, it was employing new workers in Gateshead, Ely and Tyne and Wear. They often offer full time jobs under Flexitime mode. They look for workers for such posts as for example: Cavity Wall Installer, Carpenter/Joiner and Gas Engineer.

1 transaction have been registered in 2014 with a sum total of £1,500.

Regarding to the limited company, all of director's tasks have so far been done by Joshua R., Derek C. and Robert B.. Within the group of these three people, Robert B. has carried on with the limited company for the longest period of time, having been a member of the Management Board for ten years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	15 753	5 051

Balance Sheet
Cash Bank On Hand					646 817	271 608	128 651	314 422	1 278 371	208 004	1 223 090
Current Assets	24 996	459 547	335 870	1 133 143	964 875	1 206 115	1 642 971	2 205 687	2 797 148	2 289 244	4 473 006
Debtors	17 158	291 161	265 121	802 983	250 312	894 507	1 372 955	1 801 930	1 469 383	2 025 182	2 896 314
Net Assets Liabilities						-21 419	228 842	1 028 368	740 761	633 715	1 195 790
Other Debtors	5 639	6 154			183 784	805 691	603 301	979 352	736 387	1 369 746	2 247 968
Property Plant Equipment					39 233	65 661	169 683	185 566	185 327	206 974	150 555
Total Inventories					67 746	40 000	141 365	64 878	37 702	56 058
Cash Bank In Hand	7 838	12 419	33 114	262 967
Net Assets Liabilities Including Pension Asset Liability	15 753	5 051	16 690	58 114
Stocks Inventory			37 635	67 193
Tangible Fixed Assets	14 697		4 889	14 377
Trade Debtors	11 519	285 007

Capital & Reserves
Called Up Share Capital	5 002	5 002	5 005	5 006
Profit Loss Account Reserve	10 751	49	11 685	53 108
Shareholder Funds	15 753	5 051

Other Financial Data
Audit Fees Expenses							11 500
Accumulated Depreciation Impairment Property Plant Equipment					6 751	22 404	54 079	95 189	144 941	163 812	203 250
Additions Other Than Through Business Combinations Property Plant Equipment							135 697	74 243	51 013	89 065	26 251
Average Number Employees During Period							30	41	41	32	29
Corporation Tax Payable					75 550	6 862	95 157	237 011	94 283	131 717	261 473
Corporation Tax Recoverable							82 412	82 412	82 412	82 412	82 412
Creditors					818 534	1 030 518	56 048	35 849	770 687	265 849	268 195
Dividends Paid					198 000		277 401
Future Minimum Lease Payments Under Non-cancellable Operating Leases							67 500	54 000	29 922	1 800
Increase From Depreciation Charge For Year Property Plant Equipment						15 653	31 675	48 859	50 274	54 121	68 145
Net Current Assets Liabilities	1 056	5 051	11 801	43 737	146 341	175 597	672 535	1 236 601	1 693 363	870 119	1 627 349
Number Shares Issued Fully Paid						4	4	4	4
Other Creditors					532 249	875 454	56 048	35 849	770 687	265 849	268 195
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment								7 749	522	35 250	28 707
Other Disposals Property Plant Equipment								17 250	1 500	48 547	43 232
Other Provisions Balance Sheet Subtotal						262 677	528 025	321 841	334 624	128 552	278 799
Other Taxation Social Security Payable					27 705	20 385	45 274	32 524	68 980		25 514
Par Value Share	1	1	1	1		1	1	1	1
Profit Loss					325 460	-206 993	527 662
Property Plant Equipment Gross Cost					45 983	88 065	223 762	280 755	330 268	370 786	353 805
Provisions						262 677	557 328	357 950	367 242	177 529	313 919
Provisions For Liabilities Balance Sheet Subtotal						262 677	557 328	357 950	367 242	177 529	313 919
Taxation Including Deferred Taxation Balance Sheet Subtotal							29 303	36 109	32 618	48 977	35 120
Total Additions Including From Business Combinations Property Plant Equipment						42 082
Total Assets Less Current Liabilities					185 574	241 258	842 218	1 422 167	1 878 690	1 077 093	1 777 904
Trade Creditors Trade Payables					183 030	127 817	464 127	330 684	260 883	792 071	1 065 045
Trade Debtors Trade Receivables					66 528	88 816	687 242	740 166	650 584	573 024	565 934
Advances Credits Directors				15 449
Advances Credits Made In Period Directors				15 449
Administrative Expenses	76 406	180 420
Aggregate Dividends Paid In Financial Year	25 500	84 400
Bank Borrowings Overdrafts	5 700
Bank Borrowings Overdrafts Secured			1 291	29 910
Capital Employed	15 753	5 051	16 690	58 114
Corporation Tax Due Within One Year	5 389	22 098
Cost Sales	395 253	1 613 175
Creditors Due Within One Year	23 940	454 496	324 069	1 089 406
Depreciation Impairment Reversal Tangible Fixed Assets	3 352	14 697
Gross Profit Loss	119 546	270 644
Interest Payable Similar Charges	1 500	2 070
Number Shares Allotted	2	2	5	6
Number Shares Allotted Increase Decrease During Period	2		3	1
Operating Profit Loss	43 140	97 865
Other Creditors Due Within One Year	914
Other Operating Income		7 641
Other Taxation Social Security Within One Year	1 143	67 335
Profit Loss For Period	36 251	73 698
Profit Loss On Ordinary Activities Before Tax	41 640	95 795
Redeemable Preference Shares		4 024
Share Capital Allotted Called Up Paid	5 002	2	5	6
Tangible Fixed Assets Additions	18 049		5 751	10 915
Tangible Fixed Assets Cost Or Valuation	6 450	6 450	23 800	16 666
Tangible Fixed Assets Depreciation	3 352	6 450	18 911	2 289
Tangible Fixed Assets Depreciation Charged In Period	3 352	4 838	862	1 427
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				18 049
Tangible Fixed Assets Disposals				18 049
Tax On Profit Or Loss On Ordinary Activities	5 389	22 097
Total Dividend Payment		84 400
Trade Creditors Within One Year	821	205 072
Turnover Gross Operating Revenue	514 799	1 883 819
U K Current Corporation Tax	5 389	22 098
U K Deferred Tax		-1
Value Shares Allotted Increase Decrease During Period	5 002		3	1

Company staff

Joshua R.

Role: Director

Appointed: 05 April 2018

Latest update: 18 February 2024

Derek C.

Role: Director

Appointed: 11 March 2015

Latest update: 18 February 2024

Robert B.

Role: Director

Appointed: 09 January 2014

Latest update: 18 February 2024

Derek C.

Role: Director

Appointed: 04 March 2015

Resigned: 29 April 2015

Latest update: 18 February 2024

Kenneth W.

Role: Director

Appointed: 05 June 2013

Resigned: 13 October 2014

Latest update: 18 February 2024

Derek C.

Role: Director

Appointed: 05 March 2012

Resigned: 05 November 2014

Latest update: 18 February 2024

People with significant control

The companies with significant control over this firm are as follows: Rp Browne 33 Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Gateshead at Team Valley Trading Estate, NE11 0HW, Durham and was registered as a PSC under the reg no 11806624.

Rp Browne 33 Limited

Address: Unit 31 Kingsway Team Valley Trading Estate, Gateshead, Durham, NE11 0HW, United Kingdom

Legal authority Companies Act

Legal form Private Limited

Country registered England

Place registered Companies House

Registration number 11806624

Notified on 21 April 2021

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Derek C.

Notified on 6 April 2016

Ceased on 21 April 2021

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

Green Deal First Limited

Address: 19b Front Street, Sacriston, Durham, DH7 6JS, United Kingdom

Legal authority Companies Act

Legal form Private Limited

Country registered England & Wales

Place registered Companies House

Registration number 08758215

Notified on 28 May 2019

Ceased on 7 September 2020

Nature of control:

1/2 or less of shares

Kenneth W.

Notified on 6 April 2016

Ceased on 28 May 2019

Nature of control:

1/2 or less of shares

Robert B.

Notified on 6 April 2016

Ceased on 7 April 2016

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	03 July 2024
Confirmation statement last made up date	19 June 2023

Annual Accounts 29 November 2013
Start Date For Period Covered By Report	2012-03-05
End Date For Period Covered By Report	2013-03-31
Date Approval Accounts	29 November 2013
Annual Accounts
Start Date For Period Covered By Report	2013-04-01
Annual Accounts 8 July 2015
Start Date For Period Covered By Report	2014-04-01
End Date For Period Covered By Report	31 March 2015
Date Approval Accounts	8 July 2015
Annual Accounts 28 June 2016
Start Date For Period Covered By Report	2015-04-01
End Date For Period Covered By Report	31 March 2016
Date Approval Accounts	28 June 2016
Annual Accounts
Start Date For Period Covered By Report	2017-04-01
End Date For Period Covered By Report	2018-03-31
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	2019-03-31
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31
Annual Accounts 19 August 2014
End Date For Period Covered By Report	2014-03-31
Date Approval Accounts	19 August 2014

Sales Canvass Manager in Gateshead, posted on Thursday 27th July 2017
Region / City	Tyne-Tees, Gateshead
Industry	Business services - other
Job type	full time
Career level	experienced (non-managerial)
Education level	AS levels or their equivalent


Room in Roof Insulation Installers in Gateshead, posted on Wednesday 21st June 2017
Region / City	Tyne-Tees, Gateshead
Industry	House and office construction industry
Salary	£25000.00 per year
Experience	at least two years
Job type	full time
Career level	experienced (non-managerial)
Education level	vocational qualifications (e.g. NVQ/SNVQ)


Eco Administrator in Ely, posted on Wednesday 7th June 2017
Region / City	Anglia, Ely
Industry	Business services - other
Salary	From £7.50 to £8.00 per hour
Experience	at least two years
Job type	full time
Career level	experienced (non-managerial)
Education level	vocational qualifications (e.g. NVQ/SNVQ)


Cavity Wall Installers in Gateshead, posted on Thursday 18th May 2017
Region / City	Tyne-Tees, Gateshead
Industry	Other services
Salary	From £23000.00 to £26000.00 per year
Experience	at least one year
Job type	full time
Career level	entry level employees
Education level	vocational qualifications (e.g. NVQ/SNVQ)


Technical Monitoring and Compliance Officer in Gateshead, posted on Tuesday 10th January 2017
Region / City	Tyne-Tees, Gateshead
Industry	Business services - other
Salary	From £18500.00 to £21000.00 per year
Experience	at least one year
Job type	full time
Career level	supervising
Education level	vocational qualifications (e.g. NVQ/SNVQ)


Experienced Management Accountant in Gateshead, posted on Thursday 5th May 2016
Region / City	Tyne-Tees, Gateshead
Industry	Business services - other
Job type	full time
Career level	supervising


Heating Installation Administrator in Gateshead, posted on Tuesday 23rd February 2016
Region / City	Tyne-Tees, Gateshead
Industry	Business services - other
Salary	From £7.00 to £7.50 per hour
Experience	at least two years
Job type	full time
Career level	higher education students and graduates
Education level	an A level or its equivalent


Fleet Administrator in Tyne and Wear, posted on Monday 1st February 2016
Region / City	Tyne-Tees, Tyne and Wear
Industry	Business services - other
Job type	full time
Career level	experienced (non-managerial)
Education level	vocational qualifications (e.g. NVQ/SNVQ)


Office administration in Ely, posted on Friday 29th January 2016
Region / City	Anglia, Ely
Industry	Business services - other
Experience	at least one year
Work hours	Flexitime
Job type	full time
Career level	entry level employees
Education level	vocational qualifications (e.g. NVQ/SNVQ)


Accounts Assistant in Gateshead, posted on Tuesday 12th January 2016
Region / City	Tyne-Tees, Gateshead
Industry	Business services - other
Experience	at least one year
Job type	full time
Career level	entry level employees

Sales Canvass Manager in Gateshead, posted on Thursday 27th July 2017

Region / City

Tyne-Tees, Gateshead

Industry

Business services - other

Job type

full time

Career level

experienced (non-managerial)

Education level

AS levels or their equivalent

Room in Roof Insulation Installers in Gateshead, posted on Wednesday 21st June 2017

Region / City

Tyne-Tees, Gateshead

Industry

House and office construction industry

Salary

£25000.00 per year

Experience

at least two years

Job type

full time

Career level

experienced (non-managerial)

Education level

vocational qualifications (e.g. NVQ/SNVQ)

Eco Administrator in Ely, posted on Wednesday 7th June 2017

Region / City

Anglia, Ely

Industry

Business services - other

Salary

From £7.50 to £8.00 per hour

Experience

at least two years

Job type

full time

Career level

experienced (non-managerial)

Education level

vocational qualifications (e.g. NVQ/SNVQ)

Cavity Wall Installers in Gateshead, posted on Thursday 18th May 2017

Region / City

Tyne-Tees, Gateshead

Industry

Other services

Salary

From £23000.00 to £26000.00 per year

Experience

at least one year

Job type

full time

Career level

entry level employees

Education level

vocational qualifications (e.g. NVQ/SNVQ)

Technical Monitoring and Compliance Officer in Gateshead, posted on Tuesday 10th January 2017

Region / City

Tyne-Tees, Gateshead

Industry

Business services - other

Salary

From £18500.00 to £21000.00 per year

Experience

at least one year

Job type

full time

Career level

supervising

Education level

vocational qualifications (e.g. NVQ/SNVQ)

Experienced Management Accountant in Gateshead, posted on Thursday 5th May 2016

Region / City

Tyne-Tees, Gateshead

Industry

Business services - other

Job type

full time

Career level

supervising

Heating Installation Administrator in Gateshead, posted on Tuesday 23rd February 2016

Region / City

Tyne-Tees, Gateshead

Industry

Business services - other

Salary

From £7.00 to £7.50 per hour

Experience

at least two years

Job type

full time

Career level

higher education students and graduates

Education level

an A level or its equivalent

Fleet Administrator in Tyne and Wear, posted on Monday 1st February 2016

Region / City

Tyne-Tees, Tyne and Wear

Industry

Business services - other

Job type

full time

Career level

experienced (non-managerial)

Education level

vocational qualifications (e.g. NVQ/SNVQ)

Office administration in Ely, posted on Friday 29th January 2016

Region / City

Anglia, Ely

Industry

Business services - other

Experience

at least one year

Work hours

Flexitime

Job type

full time

Career level

entry level employees

Education level

vocational qualifications (e.g. NVQ/SNVQ)

Accounts Assistant in Gateshead, posted on Tuesday 12th January 2016

Region / City

Tyne-Tees, Gateshead

Industry

Business services - other

Experience

at least one year

Job type

full time

Career level

entry level employees

Year / Transaction date	Council / Department / Transaction ID	No. of trans.	Total trans. value
2014	Gateshead Council	1	£ 1 500.00
2014-03-26	147005112		£ 1 500.00	Third Party Payments

Year / Transaction date

Council / Department / Transaction ID

No. of trans.

Total trans. value

2014

Gateshead Council

£ 1 500.00

2014-03-26

147005112

£ 1 500.00

Third Party Payments

Thrift Energy Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Joshua R.

Derek C.

Robert B.

Derek C.

Kenneth W.

Derek C.

People with significant control

Rp Browne 33 Limited

Derek C.

Green Deal First Limited

Kenneth W.

Robert B.

Accounts Documents

Jobs and Vacancies at Thrift Energy Ltd

Company filings

Filing category

Company's financial transactions

Search other companies

Services (by SIC Code)

Company Age

Closest Companies - by postcode