Tye Tools & Abrasives Limited in Birmingham, B43 6JA

Description

Data updated on: 01-11-2023

2004 marks the start of Tye Tools & Abrasives Limited, a firm which is located at 38 Pear Tree Road, Great Barr, Birmingham. This means it's been 20 years Tye Tools & Abrasives has prospered on the British market, as the company was established on 2004-02-12. Its Companies House Reg No. is 05042132 and the company area code is B43 6JA. The firm's SIC code is 47990, that means Other retail sale not in stores, stalls or markets. Tye Tools & Abrasives Ltd released its account information for the financial year up to 2021-12-31. The most recent confirmation statement was submitted on 2023-02-22.

Currently, there’s only a single managing director in the company: Paul W. (since 2008-09-30). The following business had been directed by Dorothy B. up until September 2008. As a follow-up another director, namely Paul B. resigned in 2008. What is more, the director's assignments are often supported by a secretary - Aaron W., who was appointed by this business in September 2008.

Paul W. is the individual who has control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	24 580	11 819	2 603	3 045	3 585

Balance Sheet
Current Assets	47 656	28 373	25 074	88 684	91 698	100 549	51 945	50 795	59 745	68 087	75 412	55 990
Net Assets Liabilities					3 585	4 252	5 169	5 359	5 951	6 162	7 003	7 263
Cash Bank In Hand	36 633	16 235	18 126	81 317	68 476
Debtors	8 983	8 538	6 948	367	5 222
Intangible Fixed Assets	24 000	12 000
Net Assets Liabilities Including Pension Asset Liability	24 580	11 819	2 603	3 045	3 585
Other Debtors		919
Stocks Inventory	2 040	3 600		7 000	18 000
Trade Debtors		7 619	6 948

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	24 480	11 719	2 503	2 945	3 485
Shareholder Funds	24 580	11 819	2 603	3 045	3 585

Other Financial Data
Average Number Employees During Period							5	5	1	1	1	1
Creditors					88 113	96 297	46 776	45 436	57 294	68 425	68 409	48 727
Fixed Assets	24 000	12 000							3 500
Net Current Assets Liabilities	580	-181	2 603					5 359	2 451	6 162
Profit Loss					7 540	4 667
Profit Loss On Ordinary Activities Before Tax		-12 761	-8 848		9 425	5 834
Raw Materials Consumables Used					75 058	57 562
Staff Costs Employee Benefits Expense					10 510	12 611
Tax Tax Credit On Profit Or Loss On Ordinary Activities					1 885	1 167
Turnover Revenue					99 902	86 992
Director Remuneration		7 843	8 237
Administrative Expenses		23 718	24 606
Amortisation Intangible Assets Expense		12 000	12 000
Corporation Tax Due Within One Year			368
Cost Sales		61 058	67 016
Creditors Due Within One Year	47 076	28 554	22 471	85 639	88 113
Gross Profit Loss		10 957	15 758
Intangible Fixed Assets Aggregate Amortisation Impairment		48 000	60 000
Intangible Fixed Assets Amortisation Charged In Period			12 000
Intangible Fixed Assets Cost Or Valuation		60 000	60 000
Number Shares Allotted	100	100	100	100	100
Operating Profit Loss		-12 761	-8 848
Other Creditors Due Within One Year		27 534	17 399
Other Taxation Social Security Within One Year		16	1 344
Par Value Share		1	1	1	1
Profit Loss For Period		-12 761	-9 216
Tax On Profit Or Loss On Ordinary Activities			368
Trade Creditors Within One Year		1 004	3 360
Turnover Gross Operating Revenue		72 015	82 774
U K Current Corporation Tax On Income For Period			368
Value Shares Allotted	100	100	100	100	100

Company staff

Paul W.

Role: Director

Appointed: 30 September 2008

Latest update: 18 March 2024

Aaron W.

Role: Secretary

Appointed: 30 September 2008

Latest update: 18 March 2024