Tone Group Limited in Sidcup, DA14 5DA

Description

Data updated on: 01-11-2023

Tone Group came into being in 2002 as a company enlisted under no 04373617, located at DA14 5DA Sidcup at C/o Mcbrides Accountants Llp Nexus House. This company has been in business for 22 years and its last known state is active. The company's classified under the NACE and SIC code 64209 meaning Activities of other holding companies n.e.c.. The business latest financial reports were submitted for the period up to 2022-12-31 and the most current confirmation statement was filed on 2023-02-14.

From the information we have gathered, the following company was founded in 2002-02-14 and has been presided over by two directors. To help the directors in their tasks, the company has been using the skills of Madhu A. as a secretary since 2007.

Andrew N. is the individual with significant control over this firm, 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	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	38 539	143 322
Current Assets	130 684	344 645
Debtors	92 145	4 739 399
Net Assets Liabilities	871 624	869 511
Other Debtors	85 595	50 604
Property Plant Equipment	1 208 067	1 507 826

Other Financial Data
Accrued Income	114 221
Accumulated Amortisation Impairment Intangible Assets	118 000	118 000
Accumulated Depreciation Impairment Property Plant Equipment	6 572 483	6 858 221
Additions Other Than Through Business Combinations Property Plant Equipment		777 011
Administration Support Average Number Employees	29	29
Administrative Expenses	4 192 821	6 110 767
Amounts Owed By Related Parties		147 668
Amounts Owed To Related Parties	2 455 065	1 775 597
Applicable Tax Rate	19	19
Average Number Employees During Period	115	118
Balances Amounts Owed By Related Parties	314 062	387 839
Balances Amounts Owed To Related Parties	35 080	16 235
Balances With Banks	34 950	139 733
Bank Borrowings	900
Cash Cash Equivalents	38 539	143 322
Cash On Hand	3 589	3 589
Comprehensive Income Expense	67 002	1 158 449
Cost Sales	7 727 517	10 513 643
Creditors	530 370	454 043
Current Tax For Period	98 827	353 595
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws	307 988	167 822
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	307 988	167 822
Deferred Tax Liabilities	93 731	222 857
Depreciation Amortisation Expense	1 020 250	1 139 913
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-168 059
Disposals Property Plant Equipment		-191 514
Dividend Per Share Interim	3	6
Dividends Paid	-197 685	-460 562
Dividends Paid Classified As Financing Activities	-197 685	-460 562
Finance Lease Liabilities Present Value Total	530 370	454 043
Fixed Assets	3 716 533	3 316 292
Future Minimum Lease Payments Under Non-cancellable Operating Leases	290 197	34 800
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-375 826	576 119
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	784 336	1 436 703
Gain Loss On Disposals Property Plant Equipment	38 066	6 862
Gross Profit Loss	5 702 099	8 790 863
Income Taxes Paid Refund Classified As Operating Activities	84 278	80 220
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-49 171	1 242 417
Increase Decrease In Current Tax From Adjustment For Prior Periods	-8 029
Increase Decrease In Existing Provisions		129 126
Increase From Amortisation Charge For Year Intangible Assets		23 772
Increase From Depreciation Charge For Year Property Plant Equipment		453 797
Intangible Assets	81 215	57 443
Intangible Assets Gross Cost	118 000	118 000
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	62
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss	1 435	4 029
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	17 012	38 779
Interest Income On Bank Deposits	1	1
Interest Paid Classified As Financing Activities	-18 509	-42 808
Interest Paid Classified As Operating Activities	18 509	42 886
Interest Payable Similar Charges Finance Costs	18 509	42 886
Interest Received Classified As Investing Activities	1	1
Interest Received Classified As Operating Activities	1	1
Investments Fixed Assets	2 508 466	1 808 466
Investments In Subsidiaries	2 508 466	1 808 466
Loss On Financing Activities Due To Foreign Exchange Differences		78
Minimum Operating Lease Payments Recognised As Expense	337 378	291 207
Net Cash Flows From Used In Financing Activities	-585 613	-886 499
Net Cash Flows From Used In Investing Activities	-710 580	-743 427
Net Cash Flows From Used In Operating Activities	1 247 022	2 872 343
Net Cash Generated From Operations	1 331 300	2 952 563
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	2 491 462	3 813 147
Net Current Assets Liabilities	-2 539 113	-1 769 881
Number Shares Issued Fully Paid	75 000	75 000
Operating Profit Loss	1 509 278	2 680 096
Other Cash Inflow Outflow Classified As Financing Activities		-78
Other Creditors	1 565	1 565
Other Interest Receivable Similar Income Finance Income	1	1
Other Payables Accrued Expenses	13 395	14 640
Ownership Interest In Subsidiary Percent	100	100
Par Value Share		1
Payments Finance Lease Liabilities Classified As Financing Activities	-345 603	-383 051
Payments To Related Parties	337 378	291 207
Pension Costs Defined Contribution Plan	96 254	109 957
Prepayments	299 180	242 160
Proceeds From Sales Property Plant Equipment	88 820	141 673
Production Average Number Employees	86	89
Profit Loss	67 002	1 158 449
Profit Loss On Ordinary Activities Before Tax	1 490 770	2 637 211
Property Plant Equipment Gross Cost	7 780 550	8 366 047
Provisions	93 731	222 857
Provisions For Liabilities Balance Sheet Subtotal	93 731	222 857
Purchase Property Plant Equipment	-799 401	-885 101
Revenue From Rendering Services	13 429 616	19 304 506
Social Security Costs	588 872	748 597
Staff Costs Employee Benefits Expense	6 066 528	7 013 725
Taxation Social Security Payable	27 275	50 105
Tax Decrease Increase From Effect Revenue Exempt From Taxation	-7 608
Tax Expense Credit Applicable Tax Rate	283 246	501 070
Tax Increase Decrease From Effect Capital Allowances Depreciation	-178 787	-147 892
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	760	434
Tax Increase Decrease From Other Short-term Timing Differences	1 216	-17
Tax Tax Credit On Profit Or Loss On Ordinary Activities	398 786	521 417
Total Assets Less Current Liabilities	1 177 420	1 546 411
Total Borrowings	212 065	634 509
Trade Creditors Trade Payables	1 850	25 758
Trade Debtors Trade Receivables	2 502 859	906
Turnover Revenue	13 429 616	19 304 506
Wages Salaries	5 381 402	6 155 171
Amount Specific Advance Or Credit Directors	24 285
Amount Specific Advance Or Credit Made In Period Directors	187 497	436 279
Amount Specific Advance Or Credit Repaid In Period Directors	-187 800	-460 564
Director Remuneration	128 891	149 418