Translift Group Of Companies Limited in Redditch, B98 0RB

Description

Data updated on: 01-11-2023

Translift Group Of Companies Limited is established as Private Limited Company, that is registered in 22 Padgets Lane in Redditch. The head office's post code is B98 0RB. This firm was set up on 2021-02-16. The registered no. is 13203080. This business's Standard Industrial Classification Code is 28220 which means Manufacture of lifting and handling equipment. Translift Group Of Companies Ltd released its account information for the period up to 31st March 2023. The latest confirmation statement was filed on 15th February 2023.

According to the data we have, the business was incorporated 3 years ago and has been managed by four directors.

Executives with significant control over this firm are: David T. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Robert B. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Paul B. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2022-03-31	2023-03-31
Currency

Balance Sheet
Debtors	4 200
Net Assets Liabilities	525 110	525 110

Other Financial Data
Accrued Liabilities Deferred Income	21 793	53 248
Accumulated Amortisation Impairment Intangible Assets	18 082	131 368
Accumulated Depreciation Impairment Property Plant Equipment	1 561 062	1 356 652
Additions Other Than Through Business Combinations Intangible Assets		954 753
Additions Other Than Through Business Combinations Property Plant Equipment		1 079 740
Administrative Expenses		4 262 006
Amounts Owed To Group Undertakings	320 391	2 416 513
Bank Borrowings	61 311	774 432
Bank Borrowings Overdrafts	364 744	142 542
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	321 950	1 721 920
Cash Cash Equivalents	122 458	234 951
Cash Flows From Disposal Or Reduction In Control Over Subsidiaries Or Other Businesses	907 232	2 311 491
Comprehensive Income Expense	325 429	1 463 845
Convertible Bonds In Issue		275 000
Corporation Tax Payable		18 954
Cost Sales	10 895 186	10 032 226
Creditors	386 322	2 418 613
Current Tax For Period		18 954
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		52 582
Dividends Paid Classified As Financing Activities		-15 000
Dividends Paid To Owners Parent Classified As Financing Activities		-15 000
Dividends Received Classified As Investing Activities		-15 000
Finance Lease Liabilities Present Value Total	1 049 583	710 846
Finished Goods Goods For Resale	258 809	557 320
Further Item Creditors Component Total Creditors	32 000
Further Item Tax Increase Decrease Component Adjusting Items		33
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income	314 647	1 196 502
Income Tax Expense Credit On Components Other Comprehensive Income	59 195	231 587
Increase Decrease In Current Tax From Adjustment For Prior Periods		33
Increase From Amortisation Charge For Year Intangible Assets		113 286
Increase From Depreciation Charge For Year Property Plant Equipment		656 080
Intangible Assets	148 830	990 297
Intangible Assets Gross Cost	166 912	1 121 665
Interest Income On Bank Deposits		11 242
Interest Paid Classified As Operating Activities	-390 363	-438 992
Interest Payable Similar Charges Finance Costs	390 363	438 992
Interest Received Classified As Investing Activities	-991	-11 348
Investments Fixed Assets	907 232	3 218 723
Investments In Subsidiaries	907 232	3 218 723
Issue Equity Instruments	525 110
Net Cash Generated From Operations	-320 811	-2 097 802
Net Finance Income Costs	991	15 000
Other Comprehensive Income Expense Before Tax	255 452	964 915
Other Creditors	1 028 025	1 049 870
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		97 476
Other Disposals Property Plant Equipment		363 335
Other Interest Receivable Similar Income Finance Income	991	11 348
Other Provisions Balance Sheet Subtotal	77 629	74 381
Other Remaining Borrowings		1 108 837
Prepayments Accrued Income	4 200	137 759
Profit Loss	69 977	15 000
Property Plant Equipment Gross Cost	4 018 682	4 509 839
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment		-763 014
Staff Costs Employee Benefits Expense	3 291 896
Taxation Including Deferred Taxation Balance Sheet Subtotal	552 112	896 258
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit		-86 662
Tax Tax Credit On Profit Or Loss On Ordinary Activities	63 087	71 569
Total Borrowings	364 744	556 469
Total Current Tax Expense Credit		18 987
Total Increase Decrease From Revaluations Property Plant Equipment		-225 248
Trade Creditors Trade Payables	4 620	2 100
Trade Debtors Trade Receivables	1 181 315	2 079 264

Company staff

Guy H.

Role: Director

Appointed: 02 March 2021

Latest update: 27 February 2024

Paul B.

Role: Director

Appointed: 02 March 2021

Latest update: 27 February 2024

David T.

Role: Director

Appointed: 02 March 2021

Latest update: 27 February 2024

Robert B.

Role: Director

Appointed: 16 February 2021

Latest update: 27 February 2024

People with significant control

David T.

Notified on 2 March 2021

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Robert B.

Notified on 2 March 2021

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Paul B.

Notified on 2 March 2021

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Robert B.

Notified on 16 February 2021

Ceased on 2 March 2021

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	29 February 2024
Confirmation statement last made up date	15 February 2023

Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Translift Group Of Companies Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Guy H.

Paul B.

David T.

Robert B.

People with significant control

David T.

Robert B.

Paul B.

Robert B.

Accounts Documents

Company filings

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