T.w. Ward C.n.c. Machinery Limited in Sheffield, S4 7UD

Description

Data updated on: 01-01-2020

T.w. Ward C.n.c. Machinery Limited can be reached at Sheffield at Albion Works. Anyone can look up the firm by the postal code - S4 7UD. This company has been operating on the British market for 37 years. The company is registered under the number 01762383 and company's official state is active. The firm currently known as T.w. Ward C.n.c. Machinery Limited was known as T.w. Ward Machinery up till April 3, 2000 when the name was changed. The company's Standard Industrial Classification Code is 33200 and has the NACE code: Installation of industrial machinery and equipment. The company's most recent accounts were submitted for the period up to 2018/03/31 and the most current annual confirmation statement was submitted on 2019/10/31.

According to the information we have, the firm was formed in October 18, 1983 and has been overseen by six directors, out of whom two (Stephen B. and Simon W.) are still a part of the company. Moreover, the director's efforts are regularly helped with by a secretary - Simon W., who was selected by the firm on January 16, 2004.

Previous company's names
T.w. Ward C.n.c. Machinery Limited 2000-04-03
T.w. Ward Machinery Limited 1983-10-18

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-03-31	2014-03-31	2016-03-31	2017-03-31	2018-03-31
Currency
Net Worth	6 002 284	6 046 742

Balance Sheet
Cash Bank On Hand			3 414 612	3 556 095	3 231 801
Current Assets	12 998 356	9 723 680	9 325 585	9 135 354	9 969 060
Debtors	3 692 857	2 000 707	1 654 775	2 073 350	2 192 220
Net Assets Liabilities			6 987 368	6 722 525	7 426 402
Other Debtors	796	49	8 947	9 148	17 624
Property Plant Equipment			2 976 495	2 872 402	3 321 745
Total Inventories			4 256 198	3 505 909	4 545 039
Cash Bank In Hand	3 091 848	1 485 419
Net Assets Liabilities Including Pension Asset Liability	6 002 284	6 046 742
Stocks Inventory	6 213 651	6 237 554
Tangible Fixed Assets	2 981 965	2 927 943
Trade Debtors	2 892 034	1 537 256

Capital & Reserves
Called Up Share Capital	200 000	200 000
Profit Loss Account Reserve	4 347 929	4 410 517
Shareholder Funds	6 002 284	6 046 742

Other Financial Data
Audit Fees Expenses	5 448	4 850		5 514	5 014
Other Assurance Services Fees			4 345	4 250	10 075
Other Non-audit Services Fees			15 600	4 986	4 186
Amount Specific Advance Or Credit Directors			269 480	274 347	213 142
Amount Specific Advance Or Credit Made In Period Directors				274 867	325 027
Amount Specific Advance Or Credit Repaid In Period Directors				270 000	386 232
Company Contributions To Money Purchase Plans Directors			44 666	11 194	40 378
Director Remuneration	358 925	326 030	353 065	277 048	81 578
Dividend Recommended By Directors					385 000
Number Directors Accruing Benefits Under Money Purchase Scheme	2	2	3	3	2
Accrued Liabilities Deferred Income			1 491 699	1 005 499	1 219 735
Accumulated Amortisation Impairment Intangible Assets			164 897
Accumulated Depreciation Impairment Property Plant Equipment			848 001	939 352	735 380
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss				-96 359	82 026
Administrative Expenses	2 518 944			2 169 123	2 117 590
Amounts Owed By Group Undertakings			296 232	49 999	49 999
Amounts Owed To Group Undertakings			296 233	50 000	50 000
Amounts Recoverable On Contracts	324 315			165 695	50 117
Applicable Tax Rate			20	20	19
Average Number Employees During Period	39		45	42	42
Bank Borrowings			465 748	386 383	304 673
Bank Borrowings Overdrafts	616 178	542 356	387 116	304 998	220 463
Cash Cash Equivalents Cash Flow Value				3 556 095
Comprehensive Income Expense			195 900	5 157	1 088 877
Corporation Tax Payable				105 446	109 099
Corporation Tax Recoverable			170 561	9 331	8 882
Cost Sales	12 441 040			7 125 424	9 972 346
Creditors			387 116	304 998	220 463
Current Tax For Period			27 669	105 446	109 099
Deferred Tax Liabilities				-9 373	-2 528
Depreciation Amortisation Expense				106 837	75 765
Depreciation Expense Property Plant Equipment			135 540	106 837	75 765
Disposals Decrease In Depreciation Impairment Property Plant Equipment				15 486	106 506
Disposals Property Plant Equipment				15 486	112 019
Dividend Per Share Interim					4
Dividends Paid			90 000	270 000	385 000
Dividends Paid Classified As Financing Activities				-270 000	-385 000
Dividends Paid On Shares				270 000	385 000
Dividends Paid On Shares Interim			90 000	270 000	155 000
Finished Goods			2 551 364	2 116 414	3 055 110
Fixed Assets			3 026 495	2 872 403	3 321 746
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax				-135 799	468 295
Further Item Interest Expense Component Total Interest Expense			8 034	7 643	7 666
Future Minimum Lease Payments Under Non-cancellable Operating Leases			59 561	31 526	5 783
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss			14 004	-9 356	-826
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				-142 760	575 180
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-576 666	-180 524
Gain Loss On Disposal Assets Income Statement Subtotal				5 500	56 487
Gain Loss On Disposals Property Plant Equipment			-31	5 500	56 487
Gross Profit Loss	4 021 479			2 376 592	2 924 629
Income From Related Parties				229 767	229 254
Income Taxes Paid Refund Classified As Operating Activities				161 230	-96 115
Income Tax Expense Credit On Components Other Comprehensive Income					51 563
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				141 483	-324 294
Increase Decrease In Current Tax From Adjustment For Prior Periods					-8 882
Increase Decrease In Stocks Inventories Finished Goods Work In Progress				-750 289	1 039 131
Increase From Depreciation Charge For Year Property Plant Equipment				106 837	75 765
Intangible Assets Gross Cost			164 897
Interest Expense On Bank Loans Similar Borrowings			16 240	13 582	11 068
Interest Expense On Bank Overdrafts			771
Interest Paid Classified As Operating Activities				-21 225	-18 734
Interest Payable Similar Charges Finance Costs			25 045	21 225	18 734
Investments Fixed Assets			50 000	1	1
Investments In Group Undertakings			50 000	1	1
Loans Owed To Related Parties				-229 254	-229 277
Net Assets Liabilities Subsidiaries				-1	-1
Net Cash Flows From Used In Financing Activities				354 745	405 482
Net Cash Flows From Used In Investing Activities				-2 792	-60 368
Net Cash Flows From Used In Operating Activities				-493 436	-20 820
Net Cash Generated From Operations				-353 431	-135 669
Net Current Assets Liabilities	3 642 834	3 663 878	4 347 989	4 192 832	4 444 857
Net Interest Received Paid Classified As Investing Activities				-36	-758
Number Shares Issued But Not Fully Paid				40 000
Number Shares Issued Fully Paid					40 000
Operating Profit Loss	1 609 130			221 231	820 801
Other Comprehensive Income Expense Net Tax				-135 799	416 732
Other Creditors			64 423	493	540
Other Deferred Tax Expense Credit			-1 320	-96 359	30 463
Other Interest Receivable Similar Income Finance Income				36	758
Other Operating Income Format1				13 762	13 762
Other Remaining Borrowings			229 767	229 254	229 277
Other Taxation Social Security Payable			56 092	51 007	52 528
Par Value Share		1		1	1
Payments Received On Account			1 802 544	1 872 116	1 853 799
Payments To Related Parties				7 634	7 665
Pension Other Post-employment Benefit Costs Other Pension Costs			140 273	158 914	172 241
Percentage Class Share Held In Subsidiary				100	100
Prepayments Accrued Income			199 866	225 833	306 891
Proceeds From Sales Property Plant Equipment				-5 500	-62 000
Profit Loss			247 843	140 956	672 145
Profit Loss On Ordinary Activities Before Tax	1 580 165		140 234	150 043	802 825
Property Plant Equipment Gross Cost			3 824 496	3 811 754	4 057 125
Provisions			-1 728	37 712	119 738
Provisions For Liabilities Balance Sheet Subtotal				37 712	119 738
Purchase Property Plant Equipment				-2 744	-2 390
Rental Leasing Income			13 762	13 762	13 762
Repayments Borrowings Classified As Financing Activities				-79 365	-81 710
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment					-173 231
Social Security Costs	139 301		109 913	85 440	76 916
Staff Costs Employee Benefits Expense			2 161 041	1 925 120	1 833 246
Tax Decrease From Utilisation Tax Losses					6 977
Tax Decrease Increase From Effect Revenue Exempt From Taxation					11 388
Tax Expense Credit Applicable Tax Rate			28 047	40 008	152 537
Tax Increase Decrease From Effect Capital Allowances Depreciation			20 046	16 585	1 828
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			89 592	58 852	-26 901
Tax Increase Decrease From Other Tax Effects Tax Reconciliation				-96 359	30 463
Tax Tax Credit On Profit Or Loss On Ordinary Activities			-107 609	9 087	130 680
Total Additions Including From Business Combinations Property Plant Equipment				2 744	2 390
Total Assets Less Current Liabilities	6 624 799	6 591 821	7 374 484	7 065 235	7 766 603
Total Borrowings			308 399	310 639	313 487
Total Current Tax Expense Credit			-106 293	105 446	100 217
Total Deferred Tax Expense Credit			-1 316	-96 359
Total Increase Decrease From Revaluations Property Plant Equipment					355 000
Total Operating Lease Payments			4 291	4 210	4 297
Trade Creditors Trade Payables			957 313	1 472 248	1 646 774
Trade Debtors Trade Receivables			707 961	1 338 997	1 545 565
Turnover Revenue			14 166 098	9 502 016	12 896 975
Wages Salaries	1 787 832		1 910 855	1 680 766	1 584 089
Work In Progress	4 488 792	2 317 882	1 552 190	1 217 623	1 331 761
Company Contributions To Money Purchase Schemes Directors	3 731	5 414
Director Remuneration Benefits Excluding Payments To Third Parties	199 923	108 281
Accruals Deferred Income Within One Year	850 443	823 047
Aggregate Depreciation On Tangible Fixed Assets On Historical Cost Basis		238 791
Amount Due From To Related Party		259 942
Bank Loans Overdrafts Finance Charges	25 200
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	4 641
Cash Flow Outflow Before Management Liquid Resources Financing	-486 444
Cash Flow Outflow From Capital Expenditure Financial Investment	-486 292
Cash Flow Outflow From Operating Activities	557 408
Cash Flow Outflow From Returns On Investments Servicing Finance	-28 965
Commitments Under Non-cancellable Operating Leases Other Items	2 824	6 127
Corporation Tax Due Within One Year	418 932	51 505
Cost Tangible Fixed Assets On Historical Cost Basis		627 562
Creditors Due After One Year	616 178	542 356
Creditors Due Within One Year	9 355 522	6 059 802
Debt Due After One Year	616 178	542 356
Debt Due Within One Year	303 537	305 177
Decrease Increase In Debtors	-1 163 280
Decrease Increase In Net Debt During Period	-486 444
Decrease Increase In Net Debt Resulting From Cash Flows	-486 444
Decrease Increase In Stocks	424 192
Depreciation Tangible Fixed Assets Expense	131 482	109 209
Difference Between Accumulated Depreciation Amortisation Capital Allowances	6 337	2 723
Distribution Average Number Employees	21
Expenses Not Deductible For Tax Purposes	35 051
Finished Goods Goods For Resale	1 414 181	3 615 768
Foreign Exchange Gain Loss Recognised In Profit Loss	-75 072
Gain Loss From Disposal Fixed Assets	7 198
Geographic Segment Revenue By Destination	14 638 340	15 163 965
Hire Leasing Plant Machinery Costs	2 527
Historical Cost Depreciation Charge Less Actual Depreciation Charge Calculated On Revalued Amount	17 449
Historical Cost Profit Loss For Period	1 180 382
Historical Cost Profit Loss On Ordinary Activities Before Taxation	1 597 614
Increase Decrease In Creditors	-436 918
Increase Decrease In Net Cash For Period	-556 462
Increase Decrease In U K Tax From Origination Reversal Timing Differences	-1 700
Instalment Debts Due After5 Years	306 588	222 564
Interest Element Finance Lease Rental Payments	1 561
Interest Paid	34 137
Interest Payable Similar Charges	35 698
Interest Receivable On Bank Deposits	6 733
Interest Received	6 733
Interim Payment		520 000
Leases Hire Purchase Contracts Finance Charges	1 561
Loans Other Than Banks Loans Overdrafts Finance Charges	8 937
Net Debt Funds	-2 172 133	-637 886
Net Increase Decrease In Shareholders Funds	701 654
Number Shares Allotted	200 000	200 000
Other Borrowings	232 192	231 481
Other Creditors Due Within One Year	538	399
Other Interest Receivable Similar Income	6 733
Other Operating Income	106 595
Other Operating Leases Expiring Between Two Five Years	994	4 907
Other Operating Leases Expiring Within One Year	1 830	1 220
Other Recognised Gains Losses For Period	-461 279
Other Taxation Social Security Within One Year	86 315	324 016
Payments Received On Account Within One Year	5 617 391	3 049 464
Pension Costs	59 756
Pension Costs Defined Contribution Scheme	59 756
Percentage Turnover Attributable To Markets Outside U K	11
Prepayments Accrued Income Current Asset	115 977	203 460
Profit Loss For Period	1 162 933
Provisions Charged Credited To Profit Loss Account During Period		-3 614
Provisions For Liabilities Charges	6 337	2 723
Purchase Tangible Fixed Assets	520 273
Repayment Borrowings	70 018
Revaluation Reserve	1 454 355	1 436 225
Revaluation Surplus In Period	-461 279
Sales Marketing Distribution Average Number Employees	18
Sale Tangible Fixed Assets	33 981
Staff Costs	1 986 889
Standard Nominal Tax Rate	24
Stocks Raw Materials Consumables	310 678	303 904
Tangible Fixed Assets Additions		31 348
Tangible Fixed Assets Cost Or Valuation	3 505 547	3 560 734
Tangible Fixed Assets Depreciation	523 582	632 791
Tangible Fixed Assets Depreciation Charged In Period		11 892
Taxation Expense Credit	528 595
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	379 240
Tax On Profit Or Loss On Ordinary Activities	417 232
Total Depreciation Amortisation Impairment Charges	131 482
Total Recognised Gain Loss For Period	701 654
Total U K Foreign Current Tax After Adjustments Relief	418 932
Trade Creditors Within One Year	2 078 366	1 506 194
Turnover Gross Operating Revenue	16 462 519
U K Current Corporation Tax On Income For Period	418 932
Valuation Tangible Fixed Assets		1 970 000
Value Shares Allotted	200 000	200 000