Vale Furnishers Ltd in Surrey, GU12 5AS

Description

Data updated on: 01-11-2023

The Vale Furnishers Ltd company has been offering its services for at least thirty nine years, as it's been founded in 1986. Started with Registered No. 02056621, Vale Furnishers is a Private Limited Company located in Wharf Road, Surrey GU12 5AS. Created as Vale Wholesale, this business used the business name up till 1999-04-28, then it was replaced by Vale Furnishers Ltd. This business's Standard Industrial Classification Code is 47599, that means Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store. Vale Furnishers Limited reported its latest accounts for the financial year up to 2022-07-31. The company's most recent annual confirmation statement was filed on 2023-10-04.

Having seven job advertisements since 2014-06-24, Vale Furnishers has been one of the most active firms on the labour market. Recently, it was searching for job candidates in Aldershot and Farnham. They hire workers on such posts as for instance: Warehouse Assistant / Driver, Furniture Sales Advisor and Sales Team Leader.

The info we gathered describing the following enterprise's members reveals that there are four directors: Mark C., Vanessa C., Alex M. and Alan C. who became members of the Management Board on 2004-11-01, 1999-05-01 and 1992-08-09. In order to support the directors in their duties, the abovementioned company has been utilizing the skills of Alan C. as a secretary.

Previous company's names
Vale Furnishers Ltd 1999-04-28
Vale Wholesale Limited 1986-09-19

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31
Currency
Net Worth	11 741 518	12 700 166	13 722 142	13 661 708

Balance Sheet
Cash Bank On Hand				4 611 591	4 635 298	4 875 754	5 048 647	6 874 160	3 537 048	1 197 617
Current Assets	4 599 728	5 524 283	6 681 875	6 625 130	6 557 575	9 240 750	9 615 812	10 851 032	12 402 479	12 640 323
Debtors	439 465	529 276	1 890 975	915 038	777 354	980 112	894 809	908 294	1 235 874	1 259 565
Net Assets Liabilities				13 661 708	14 819 781	17 051 458	17 693 294	18 974 349	20 077 266	20 366 962
Other Debtors				228 466	82 288	16 675	19 765	60 243	10 762	6 335
Property Plant Equipment				8 398 088	10 010 942	9 106 607	9 241 244	11 445 853	11 521 993	11 360 082
Total Inventories				1 098 501	1 144 923	3 384 884	3 672 356	3 068 578	7 629 557	10 183 141
Cash Bank In Hand	3 474 147	4 074 755	3 754 108	4 611 591
Net Assets Liabilities Including Pension Asset Liability	11 741 518	12 700 166	13 722 142	13 661 708
Stocks Inventory	686 116	920 252	1 036 792	1 098 501
Tangible Fixed Assets	4 949 674	8 391 426	8 410 521	8 398 089

Capital & Reserves
Called Up Share Capital	3 902	3 902	3 902	3 902
Profit Loss Account Reserve	11 478 758	12 696 166	13 718 142	13 657 708
Shareholder Funds	11 741 518	12 700 166	13 722 142	13 661 708

Other Financial Data
Audit Fees Expenses						7 500	8 600	9 000	9 000	9 000
Accumulated Amortisation Impairment Intangible Assets				1	1
Accumulated Depreciation Impairment Property Plant Equipment				1 336 074	1 483 959	1 820 005	1 980 964	2 183 194	2 489 007	2 792 339
Additional Provisions Increase From New Provisions Recognised								2 666	63 019	-1 079
Additions Other Than Through Business Combinations Property Plant Equipment					1 760 738		295 596	2 185 139	475 150	141 422
Administration Support Average Number Employees						13	13	12	13	17
Administrative Expenses						1 514 160	1 256 898	1 515 341	1 638 763	2 434 686
Applicable Tax Rate						19	19	19	19	21
Average Number Employees During Period				53	53	55	54	51	54	58
Balances With Banks						4 875 583	5 048 480	6 873 946	3 536 883	1 197 313
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment				3 083 806	4 210 266
Cash Cash Equivalents						4 875 754	5 048 647	6 874 160	3 537 048	1 197 617
Cash Cash Equivalents Cash Flow Value						4 875 754	5 048 647	6 874 160	3 537 048
Cash On Hand						171	167	214	165	304
Comprehensive Income Expense								1 285 191	1 107 052	289 696
Cost Sales						5 151 815	4 189 635	3 737 992	6 458 545	6 397 800
Creditors				1 351 360	1 742 273	1 286 758	1 150 225	3 306 333	3 767 984	3 555 300
Current Tax For Period						224 051	195 600	281 650	224 204	115 951
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period						1 604	4 396	2 666	63 019	-1 079
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences						1 604	4 396	2 666	63 019	-1 079
Depreciation Amortisation Expense						156 956	160 959	202 230	305 812	303 333
Depreciation Expense Property Plant Equipment						156 956	160 959	202 230	305 812	303 333
Disposals Decrease In Depreciation Impairment Property Plant Equipment									-1 864
Disposals Property Plant Equipment									-93 197
Dividends Paid						-7 000	-97 550	-4 136	-4 135
Dividends Paid Classified As Financing Activities						-7 000	-97 550	-4 136	-4 135
Financial Commitments Other Than Capital Commitments				183 400	183 400
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities						-30 802	15 724	1 743 989	500 482	33 939
Future Minimum Lease Payments Under Non-cancellable Operating Leases						1 999 500	1 655 000	1 310 500	990 500	898 115
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						-244 202	124 262	-326 524	-19 919	140 588
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						-51 840	-85 303	13 485	327 580	23 691
Gain Loss In Cash Flows From Change In Inventories						645 751	287 472	-603 778	4 560 979	2 553 584
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss								-7 820	-5 134	-19 464
Gain Loss On Revaluation Property Plant Equipment Net Tax In Other Comprehensive Income								221 700
Government Grant Income							185 872	222 769
Gross Profit Loss						2 116 077	1 449 361	1 434 856	2 557 849	2 296 409
Impairment Loss Reversal								9 000	9 000
Income Taxes Paid Refund Classified As Operating Activities						263 551	223 595	196 055	282 954	221 986
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation						499 901	172 893	1 825 513	-3 337 112	-2 339 431
Increase Decrease In Net Debt From Cash Flows									-3 837 594
Increase From Depreciation Charge For Year Property Plant Equipment					147 885		160 959	202 230	307 677	303 332
Intangible Assets Gross Cost				1	1
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings						32 608	23 714	37 805	52 247
Interest Income On Bank Deposits						55 190	50 872	19 145	24 257	33 391
Interest Paid Classified As Financing Activities						-32 608	-23 714	-37 805	-52 247
Interest Paid Classified As Operating Activities						32 608	23 714	37 805	52 247
Interest Payable Similar Charges Finance Costs						32 608	23 714	37 805	5 134	19 464
Interest Received Classified As Investing Activities						55 190	50 872	19 145	24 257	33 391
Interest Received Classified As Operating Activities						55 190	50 872	19 145	24 257	33 391
Loans Advances Granted Classified As Investing Activities									1 865
Loss On Financing Activities Due To Foreign Exchange Differences									52 246	45 407
Minimum Lease Payments Receivable Under Non-cancellable Operating Leases							466 336	530 911	561 491
Minimum Operating Lease Payments Recognised As Expense						184 500	184 500	184 500	184 500	182 820
Net Cash Flows From Used In Financing Activities						-70 410	-105 540	1 702 048	496 347	33 939
Net Cash Flows From Used In Investing Activities						-35 393	-244 724	-2 165 994	-357 695	-108 031
Net Cash Flows From Used In Operating Activities						605 704	523 157	2 289 459	-3 475 764	-2 265 339
Net Cash Generated From Operations						869 255	746 752	2 485 514	-3 140 563	-2 043 353
Net Cash Inflow Outflow From Operations Before Movements In Working Capital						1 218 964	1 073 183	1 568 697	1 728 077	674 510
Net Current Assets Liabilities	3 477 435	4 334 240	5 349 972	5 273 769	4 815 302	7 953 992	8 465 587	7 544 699	8 634 495	9 085 023
Net Debt Funds								5 080 971	1 243 377
Number Shares Issued Fully Paid						3 902	3 902	3 902	3 902	3 902
Operating Profit Loss						1 062 008	912 224	1 366 467
Other Comprehensive Income Expense Net Tax								221 700
Other Creditors				435 622	838 567	12 389	71 219	1 793 221
Other Departments Average Number Employees						21	19	17	18	19
Other Employee Expense									8 992	22 824
Other Interest Receivable Similar Income Finance Income						55 190	50 872	19 145	24 257	33 391
Other Inventories				1 098 501	1 144 923	1 030 457	1 065 449	1 748 968	1 592 640	1 468 588
Other Operating Income Format1						460 091	719 761	585 983	456 067	528 918
Other Payables Accrued Expenses						331 623	325 313	539 335	413 845	339 685
Other Post-employment Benefit Costs							31 067	46 001	28 712
Other Remaining Borrowings									2 293 670	2 327 609
Other Remaining Operating Income								-70 761	456 067	528 918
Other Short-term Employee Benefits									19 719	23 952
Par Value Share		1	1	1			1	1	1	1
Pension Costs Defined Contribution Plan						107 133	33 451	33 959	38 092	46 816
Prepayments						98 276	94 957	80 005	69 247	120 610
Proceeds From Sales Property Plant Equipment									91 333
Profit Loss						858 935	739 386	1 063 491	1 107 052	289 696
Profit Loss On Ordinary Activities Before Tax						1 084 590	939 382	1 347 807	1 394 275	404 568
Property Plant Equipment Gross Cost				9 734 163	11 494 901	10 926 612	11 222 208	13 629 047	14 010 999	14 152 421
Provisions							13 537	16 203	79 222	78 143
Provisions For Liabilities Balance Sheet Subtotal				10 150	6 463	9 141	13 537	16 203	79 222	78 143
Purchase Property Plant Equipment						-90 583	-295 596	-2 185 139	-475 150	-141 422
Raw Materials Consumables						2 354 427	2 606 907	1 319 610	6 036 917	8 714 553
Rental Income From Sub-leases						460 091	533 889	433 975	456 067
Revenue From Commissions						53 631	43 450	55 192	101 362	29 616
Revenue From Sale Goods						7 214 261	5 595 546	5 810 428	8 915 031	8 664 593
Sales Marketing Distribution Average Number Employees						21	22	22	23	22
Social Security Costs						149 688	128 436	156 048	159 049	287 573
Staff Costs Employee Benefits Expense						1 893 442	1 606 869	1 813 814	1 846 622	2 977 675
Taxation Social Security Payable				263 345	245 386	272 272	179 054	223 480	401 588	418 264
Tax Expense Credit Applicable Tax Rate						206 072	178 483	256 083	265 468	84 981
Tax Increase Decrease From Effect Capital Allowances Depreciation						16 926	17 244	25 102	-42 215	-33 909
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss						1 053	327	463	949	64 877
Tax Increase Decrease From Other Tax Effects Tax Reconciliation							-454	2	2	2
Tax Tax Credit On Profit Or Loss On Ordinary Activities						225 655	199 996	284 316	287 223	114 872
Total Assets Less Current Liabilities	11 753 336	12 725 666	13 760 493	13 671 858	14 826 244	17 060 599	17 706 831	18 990 552	20 156 488	20 445 105
Total Borrowings						33 475	49 199	1 793 221	2 293 756	2 326 866
Total Increase Decrease From Revaluations Property Plant Equipment								221 700
Trade Creditors Trade Payables				299 108	365 420	412 949	329 385	468 647	435 895	353 620
Trade Debtors Trade Receivables				686 572	695 066	865 161	780 087	768 046	1 155 865	1 132 620
Turnover Revenue						7 267 892	5 638 996	5 865 620	9 016 393	8 694 209
Wages Salaries						1 636 621	1 444 982	1 577 806	1 620 770	2 596 510
Amount Specific Advance Or Credit Directors						18 924	36 643	938 406	2 182 658	2 140 483
Amount Specific Advance Or Credit Made In Period Directors						-10 900	-700		-852 704	-72 149
Amount Specific Advance Or Credit Repaid In Period Directors							17 719	1 763	2 096 956	29 974
Company Contributions To Money Purchase Plans Directors						81 831	2 400	2 989	2 464	3 451
Director Remuneration						240 250	110 000	299 168	132 133	842 480
Number Directors Accruing Benefits Under Money Purchase Scheme						2	2	1	1	1
Capital Redemption Reserve	98	98	98	98
Creditors Due Within One Year	1 122 293	1 190 043	1 331 903	1 351 361
Fixed Assets	8 275 901	8 391 426	8 410 521	8 398 089
Intangible Fixed Assets Aggregate Amortisation Impairment	1
Intangible Fixed Assets Cost Or Valuation	1
Number Shares Allotted		3 902	3 902	3 902
Other Reserves	258 760	258 760
Provisions For Liabilities Charges	11 818	25 500	38 351	10 150
Share Capital Allotted Called Up Paid	3 902	3 902
Tangible Fixed Assets Additions		259 520
Tangible Fixed Assets Cost Or Valuation	5 868 135	6 107 655
Tangible Fixed Assets Depreciation	918 461	1 042 456
Tangible Fixed Assets Depreciation Charged In Period		123 995
Tangible Fixed Assets Disposals		20 000
Value Shares Allotted		3 902	3 902	3 902