Uts Engineering Limited in Jarrow, NE32 3EW

Description

Data updated on: 01-11-2023

The exact moment this firm was started is 2001-04-02. Registered under 04191875, it is classified as a Private Limited Company. You may find the office of this company during its opening hours at the following address: Connor House Pilgrims Way Bede Industrial Estate, NE32 3EW Jarrow. This firm's SIC code is 25990 which means Manufacture of other fabricated metal products n.e.c.. 31st March 2022 is the last time the accounts were filed.

With 11 job advertisements since Monday 1st December 2014, Uts Engineering has been among the most active firms on the employment market. Most recently, it was recruiting new employees in Jarrow. They tend to offer full time positions to work in Shift work mode. They seek workers for such posts as: Maintenance Technician, Sales Administrator and General Labourer.

The firm's trademark number is UK00003063511. They applied for it on Wednesday 9th July 2014 and their IPO published it in the journal number 2014-035.

This firm owes its well established position on the market and unending development to a team of three directors, namely Giles J., Daniel W. and Shaun S., who have been controlling the company for eight years.

Trade marks

Trademark UK00003063511

Trademark UK00003063511

Trademark image:
Status:	Application Published
Filing date:	2014-07-09
Owner name:	UTS Engineering Limited
Owner address:	Connor House, Pilgrims Way, Bede Industrial Estate, Jarrow, United Kingdom, NE32 3EW

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	267 637	491 165	628 703
Current Assets	8 271 398	10 699 388	12 086 922
Debtors	7 686 009	9 713 799	10 773 001
Net Assets Liabilities	8 512 869	7 847 137	10 304 416
Other Debtors	4 020 109	4 885 396	5 161 797
Property Plant Equipment	5 557 308	5 282 914	5 170 760
Total Inventories	317 752	494 424

Other Financial Data
Audit Fees Expenses	7 500	9 500	13 750
Accrued Liabilities Deferred Income	88 014	120 546	369 255
Accumulated Amortisation Impairment Intangible Assets	10 000	10 000
Accumulated Depreciation Impairment Property Plant Equipment	200 429	711 387	1 224 711
Additions Other Than Through Business Combinations Property Plant Equipment		279 626	463 667
Administrative Expenses	4 151 270	4 628 712	4 794 477
Amounts Owed By Group Undertakings	203 993	6 820	520 558
Amounts Owed To Group Undertakings	424 920	1 124 588	245 689
Average Number Employees During Period	110	113	106
Bank Borrowings	50 000	433 514	345 811
Bank Borrowings Overdrafts	40 833	345 811	248 624
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	45 000	1 125 999	2 366 485
Comprehensive Income Expense	3 550 487	-660 698	2 457 279
Corporation Tax Payable	284 496	491 075	250 034
Corporation Tax Recoverable	1 001 235	1 202 785
Cost Sales	7 140 780	7 612 471	8 329 595
Creditors	48 944	1 332 625	1 236 489
Current Tax For Period	174 628
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-1 892	39 237	22 158
Depreciation Expense Property Plant Equipment	269 865	361 596
Finance Lease Liabilities Present Value Total	8 111	1 115 613	987 865
Finance Lease Payments Owing Minimum Gross	27 042	1 442 697	1 367 850
Finished Goods Goods For Resale	277 067	494 424	429 636
Fixed Assets		5 457 914	5 565 159
Further Item Tax Increase Decrease Component Adjusting Items	-1 892	25 733	-36
Future Minimum Lease Payments Under Non-cancellable Operating Leases	3 734 010	3 529 458	3 259 030
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-3 858	304	5 581
Gain Loss On Disposals Property Plant Equipment		-13 887
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income	3 980 578		175 000
Government Grant Income	8 085	185 092
Gross Profit Loss	5 965 398	5 094 077
Income Tax Expense Credit On Components Other Comprehensive Income	624 796	279 449
Increase Decrease In Current Tax From Adjustment For Prior Periods	-267	-175 428
Increase From Depreciation Charge For Year Property Plant Equipment		515 783	566 194
Intangible Assets Gross Cost	10 000	10 000
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	2 301	45 190
Interest Expense On Debt Securities In Issue Other Similar Loans		265 178	309 170
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	5 151	105 935
Interest Income On Bank Deposits	47	8	88
Interest Payable Similar Charges Finance Costs	7 452	421 337	497 949
Investments		175 000	350 000
Investments Fixed Assets		175 000	394 399
Investments In Subsidiaries			44 399
Net Current Assets Liabilities	3 756 947	4 921 775	7 069 032
Net Finance Income Costs		8	147
Operating Profit Loss	374 579	-101 145
Other Comprehensive Income Expense Before Tax	3 355 782	-279 449	175 000
Other Creditors	1 506 243	1 697 894	1 622 753
Other Creditors Including Taxation Social Security Balance Sheet Subtotal		588 168
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		4 825	52 870
Other Disposals Property Plant Equipment		43 062	62 497
Other Interest Income			59
Other Interest Receivable Similar Income Finance Income	47	8	147
Other Operating Income Format1	156 434	256 143	91 118
Other Taxation Social Security Payable	607 642	97 093	91 689
Pension Other Post-employment Benefit Costs Other Pension Costs	78 649	77 716	76 233
Prepayments Accrued Income	351 133	308 218	268 884
Profit Loss	194 705	-381 249	2 282 279
Profit Loss On Ordinary Activities Before Tax	367 174	-522 474	2 304 437
Property Plant Equipment Gross Cost	5 757 737	5 994 301	6 395 471
Research Development Expense Recognised In Profit Or Loss	87 380	8 592
Social Security Costs	383 252	393 409
Staff Costs Employee Benefits Expense	4 093 619	4 207 382	4 270 508
Taxation Including Deferred Taxation Balance Sheet Subtotal	752 442	1 071 128	1 093 286
Tax Expense Credit Applicable Tax Rate	69 763	-99 270	437 843
Tax Increase Decrease Arising From Group Relief Tax Reconciliation			14 056
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-197 600	-96 876	-190 365
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	365 921	170 413	-278 817
Tax Tax Credit On Profit Or Loss On Ordinary Activities	172 469	-136 191	22 158
Total Assets Less Current Liabilities	9 314 255	10 379 689	12 634 191
Total Borrowings	40 833	345 811	248 624
Total Current Tax Expense Credit	174 361	-175 428
Total Operating Lease Payments	127 472	138 031
Trade Creditors Trade Payables	1 575 038	1 813 364	1 961 298
Trade Debtors Trade Receivables	2 109 539	2 437 630	2 359 682
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment			-17 004
Transfers To From Retained Earnings Increase Decrease In Equity	-94 434	-322 170	-322 170
Turnover Revenue	13 106 178	12 706 548
Wages Salaries	3 631 718	3 736 257	3 782 434
Work In Progress	40 685
Company Contributions To Defined Benefit Plans Directors	5 255	3 278
Director Remuneration	208 000	221 488	235 871
Director Remuneration Benefits Including Payments To Third Parties	213 255	224 766	239 135