Vehicle Weighing Solutions Limited in Reading, RG4 5AF

Description

Data updated on: 01-11-2023

Located at Unit 5 Southview Park Marsack Street, Reading RG4 5AF Vehicle Weighing Solutions Limited is classified as a Private Limited Company with 05677827 Companies House Reg No. The firm was created on 2006-01-17. The firm's registered with SIC code 26511 : Manufacture of electronic measuring, testing etc. equipment, not for industrial process control. The firm's most recent accounts cover the period up to 2022-09-30 and the most current confirmation statement was released on 2023-01-17.

Having two recruitment offers since 19th January 2018, Vehicle Weighing Solutions has been an active employer on the job market. On 7th February 2018, it started searching for new employees for a full time Workshop Trainee post in Chesterfield, and on 19th January 2018, for the vacant post of a full time Experienced Welder/fabricator in Chesterfield.

We have identified 4 councils and public departments cooperating with the company. The biggest counter party of them all is the Birmingham City, with over 4 transactions from worth at least 500 pounds each, amounting to £10,415 in total. The company also worked with the Barnsley Metropolitan Borough (14 transactions worth £10,083 in total) and the Brighton & Hove City (6 transactions worth £3,047 in total). Vehicle Weighing Solutions was the service provided to the Brighton & Hove City Council covering the following areas: Direct Transport Costs was also the service provided to the Barnsley Metropolitan Borough Council covering the following areas: Vehicle Maintenance.

That firm owes its well established position on the market and permanent progress to three directors, specifically Martin L., John T. and Julian G., who have been managing the firm since February 2017. Additionally, the managing director's efforts are often assisted with by a secretary - Julian G., who was chosen by the following firm in July 2007.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency

Balance Sheet
Cash Bank On Hand	792 524	703 764	1 110 924	1 376 513
Current Assets	3 723 305	3 316 200	3 967 237	5 088 135
Debtors	2 231 621	1 799 592	1 867 792	2 183 830
Net Assets Liabilities	1 482 142	1 578 283	1 964 386	1 893 547
Other Debtors	460 131	307 451	868	141 060
Property Plant Equipment	1 318 473	1 264 241	1 624 852	1 813 815
Total Inventories	699 160	812 844	988 521	1 527 792

Other Financial Data
Audit Fees Expenses				11 000
Accrued Liabilities Deferred Income			129 869	207 610
Accumulated Depreciation Impairment Property Plant Equipment	622 196	721 226	860 084	965 349
Additional Provisions Increase From New Provisions Recognised				946
Additions Other Than Through Business Combinations Property Plant Equipment		64 938	522 264	483 490
Administrative Expenses			1 231 685	1 656 397
Amounts Owed By Group Undertakings				105 000
Amounts Owed To Directors			300 000	431 688
Applicable Tax Rate			19	19
Average Number Employees During Period	53	65	64	81
Bank Borrowings Overdrafts	75 620	44 631	187 163	207 392
Cash Cash Equivalents Cash Flow Value			1 110 924	1 376 513
Comprehensive Income Expense			1 036 103	929 161
Corporation Tax Payable	164 615	123 813	85 981	192 746
Cost Sales			5 474 680	6 341 738
Creditors	2 921 675	2 360 746	2 285 626	3 881 272
Current Tax For Period			104 593	211 360
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws				17 062
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			49 404	-16 115
Deferred Tax Liabilities			74 088	75 034
Depreciation Expense Property Plant Equipment			161 653	188 082
Disposals Decrease In Depreciation Impairment Property Plant Equipment		20 140	22 795	82 817
Disposals Property Plant Equipment		20 140	22 795	189 262
Dividends Paid			650 000	1 000 000
Dividends Paid Classified As Financing Activities			650 000	1 000 000
Dividends Paid On Shares			650 000	1 000 000
Finance Lease Liabilities Present Value Total			32 621	12 244
Finance Lease Payments Owing Minimum Gross			44 865	12 244
Gain Loss In Cash Flows From Change In Accrued Items			-130 763	77 741
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			-262 854	1 279 599
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			-68 200	-316 038
Gain Loss In Cash Flows From Change In Inventories			-175 677	-539 271
Gain Loss On Disposals Property Plant Equipment			5 250	1 885
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss			111	-30 207
Government Grant Income			33 099
Gross Profit Loss			2 450 317	2 859 026
Income Taxes Paid Refund Classified As Operating Activities			142 425	104 595
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			407 160	265 589
Increase Decrease In Net Debt From Cash Flows				-349 941
Increase From Depreciation Charge For Year Property Plant Equipment		119 170	161 653	188 082
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings			59 156	58 832
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts			2 484	2 289
Interest Income On Cash Cash Equivalents			9	-40
Interest Paid Classified As Operating Activities			61 640	61 121
Interest Payable Similar Charges Finance Costs			61 640	61 121
Interest Received Classified As Operating Activities			9	-40
Net Cash Flows From Used In Financing Activities			390 689	-1 084 352
Net Cash Flows From Used In Investing Activities			-517 014	-375 160
Net Cash Flows From Used In Operating Activities			533 485	1 725 101
Net Cash Generated From Operations			737 541	1 890 857
Net Current Assets Liabilities	801 630	955 454	1 681 611	1 206 863
Net Debt Funds			676 849	326 908
Net Deferred Tax Liability Asset			74 088	75 034
Number Shares Issued Fully Paid			10 000	10 000
Operating Profit Loss			1 251 731	1 202 629
Other Creditors	2 033 978	1 489 020	995 101	1 891 977
Other Interest Receivable Similar Income Finance Income			9	-40
Other Operating Income Format1			33 099
Other Taxation Social Security Payable	285 990	348 693	198 953	251 573
Par Value Share				0
Payments Finance Lease Liabilities Classified As Financing Activities			10 428	32 621
Pension Costs Defined Contribution Plan			2 800	53 067
Pension Other Post-employment Benefit Costs Other Pension Costs			2 800	53 067
Prepayments Accrued Income			424 798	78 087
Proceeds From Borrowings Classified As Financing Activities			1 018 018	-51 731
Proceeds From Government Grants Classified As Financing Activities			33 099
Proceeds From Sales Property Plant Equipment			5 250	108 330
Production Average Number Employees			61	78
Profit Loss			1 036 103	929 161
Profit Loss On Ordinary Activities Before Tax			1 190 100	1 141 468
Property Plant Equipment Gross Cost	1 940 669	1 985 467	2 484 936	2 779 164
Provisions			74 088	75 034
Purchase Property Plant Equipment			522 264	483 490
Raw Materials			988 521	1 527 792
Revenue From Sale Goods			7 924 997	9 200 764
Social Security Costs			8 694	9 824
Staff Costs Employee Benefits Expense			2 807 618	3 235 607
Taxation Including Deferred Taxation Balance Sheet Subtotal	27 942	24 684	74 088	75 034
Tax Expense Credit Applicable Tax Rate			226 119	216 879
Tax Increase Decrease From Effect Capital Allowances Depreciation			-58 336	19 866
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			4 899	7 868
Tax Increase Decrease From Other Short-term Timing Differences			-68 089	-33 253
Tax Tax Credit On Profit Or Loss On Ordinary Activities			153 997	212 307
Total Assets Less Current Liabilities	2 120 103	2 219 695	3 306 463	3 020 678
Total Deferred Tax Expense Credit			49 404	947
Trade Creditors Trade Payables	361 472	354 589	355 938	686 042
Trade Debtors Trade Receivables	1 771 490	1 492 141	1 442 126	1 859 683
Turnover Revenue			7 924 997	9 200 764
Wages Salaries			2 796 124	3 172 716
Company Contributions To Money Purchase Plans Directors			2 800	53 067
Director Remuneration			71 821	105 419
Director Remuneration Benefits Excluding Payments To Third Parties			74 621	158 486