Versalift United Kingdom Limited in Kettering, NN15 5YT

Description

Data updated on: 01-11-2023

Versalift United Kingdom Limited has existed on the local market for thirty years. Started with Companies House Reg No. 02888311 in the year 1994, the company is located at 1 Altendiez Way, Kettering NN15 5YT. Despite the fact, that currently it is operating under the name of Versalift United Kingdom Limited, it previously was known under a different name. This firm was known under the name Titlegold until 1994-03-01, when the company name was replaced by Versalift Distributors (u.k.). The last switch occurred on 2019-05-10. This enterprise's SIC code is 33200 and their NACE code stands for Installation of industrial machinery and equipment. The most recent annual accounts cover the period up to 2022/12/31 and the most current annual confirmation statement was released on 2023/01/17.

We have identified 2 councils and public departments cooperating with the company. The biggest counter party of them all is the Derbyshire County Council, with over 17 transactions from worth at least 500 pounds each, amounting to £23,515 in total. The company also worked with the London Borough of Hillingdon (2 transactions worth £2,770 in total). Versalift United Kingdom was the service provided to the Derbyshire County Council Council covering the following areas: Contractors, Vehicle Running Costs - Parts and Input Vat was also the service provided to the London Borough of Hillingdon Council covering the following areas: External Training / Courses and Vehicle Maintenance Contract.

The directors currently appointed by this particular limited company are: Curt H. appointed on 2017-11-13, Jay J. appointed on 2017-11-13, Kim J. appointed seven years ago and Andrew B..

Previous company's names
Versalift United Kingdom Limited 2019-05-10
Versalift Distributors (u.k.) Limited 1994-03-01
Titlegold Limited 1994-01-17

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	1 639 722	1 000 369
Current Assets	15 423 265	20 830 359
Debtors	7 879 343	10 766 475
Net Assets Liabilities	7 289 039	8 780 105
Other Debtors	42 398
Property Plant Equipment	200 885	221 545
Total Inventories	5 904 200	9 063 515

Other Financial Data
Audit Fees Expenses	42 313	54 880
Accrued Liabilities Deferred Income	262 536	234 449
Accumulated Amortisation Impairment Intangible Assets		53 690
Accumulated Depreciation Impairment Property Plant Equipment	875 892	952 984
Additional Provisions Increase From New Provisions Recognised		8 576
Administrative Expenses	2 748 321	3 151 811
Amortisation Expense Intangible Assets		53 690
Amounts Owed By Group Undertakings	997 218	997 218
Amounts Owed To Group Undertakings	1 475 601	1 434 315
Amounts Recoverable On Contracts	1 264 636	1 215 833
Applicable Tax Rate	19	19
Average Number Employees During Period	103	113
Cash Cash Equivalents Cash Flow Value	1 639 722
Comprehensive Income Expense	1 378 556	1 491 066
Corporation Tax Payable	315 726	410 553
Cost Sales	19 844 009	23 446 702
Creditors	1 475 601	1 434 315
Current Tax For Period	315 726	410 544
Deferred Tax Liabilities	23 706	32 282
Depreciation Amortisation Expense	67 898	130 782
Depreciation Expense Property Plant Equipment	67 899	77 092
Fixed Assets	361 955	1 042 839
Further Item Cash Flow From Used In Operating Activities Component Total Net Cash Flows From Used In Operating Activities	275 185	40 806
Further Operating Expense Item Component Total Operating Expenses	97 511	-110 583
Future Minimum Lease Payments Under Non-cancellable Operating Leases	21 754	5 634
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	1 925 237	4 493 509
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-2 126 571	-2 927 938
Gross Profit Loss	4 430 790	4 961 824
Income Taxes Paid Refund Classified As Operating Activities	-309 385	-315 717
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	181 658	-639 353
Increase Decrease In Current Tax From Adjustment For Prior Periods	-35 559	49 577
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	783 996	3 159 315
Increase From Amortisation Charge For Year Intangible Assets		53 690
Increase From Depreciation Charge For Year Property Plant Equipment		77 092
Intangible Assets	161 070	821 294
Intangible Assets Gross Cost	161 070	874 984
Interest Expense On Bank Overdrafts	21 347
Interest Paid Classified As Operating Activities	-21 347
Interest Payable Similar Charges Finance Costs	21 347
Net Cash Flows From Used In Financing Activities	353 755
Net Cash Flows From Used In Investing Activities	249 516	802 513
Net Cash Flows From Used In Operating Activities	-784 929	-163 160
Net Cash Generated From Operations	-769 908	-438 071
Net Current Assets Liabilities	8 426 391	9 203 863
Net Interest Received Paid Classified As Investing Activities		-9 153
Number Shares Issued Fully Paid		1 300 000
Other Creditors	751 258	688 077
Other Deferred Tax Expense Credit	12 518	8 576
Other Interest Receivable Similar Income Finance Income		9 153
Other Operating Income Format1	4 871	91 020
Other Taxation Social Security Payable	119 083	117 573
Par Value Share		1
Prepayments Accrued Income	360 832	391 495
Profit Loss	1 378 556	1 491 066
Profit Loss On Ordinary Activities Before Tax	1 665 993	1 910 186
Property Plant Equipment Gross Cost	1 076 777	1 174 529
Provisions	23 706	32 282
Provisions For Liabilities Balance Sheet Subtotal	23 706	32 282
Purchase Intangible Assets	-161 070	-713 914
Purchase Property Plant Equipment	-88 446	-97 752
Repayments Borrowings Classified As Financing Activities	-1 000 000
Tax Expense Credit Applicable Tax Rate	316 539	362 935
Tax Increase Decrease From Effect Capital Allowances Depreciation	-6 985	44
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	924	529
Tax Tax Credit On Profit Or Loss On Ordinary Activities	287 437	419 120
Total Additions Including From Business Combinations Intangible Assets		713 914
Total Additions Including From Business Combinations Property Plant Equipment		97 752
Total Assets Less Current Liabilities	8 788 346	10 246 702
Total Current Tax Expense Credit	274 919	410 544
Total Increase Decrease In Equity	1 653 741	1 738 627
Trade Creditors Trade Payables	599 497	1 406 755
Trade Debtors Trade Receivables	5 130 392	7 999 596
Turnover Revenue	24 274 799	28 408 526