Volksmaster Limited in Oldham, OL8 2NA

Website

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www.volksmasterltd.co.uk

Description

Data updated on: 01-11-2023

Volksmaster Limited is established as Private Limited Company, with headquarters in 387 Ashton Road, Oldham. The head office's zip code is OL8 2NA. This business has been in existence since 1999. The firm's registered no. is 03703900. The company's classified under the NACE and SIC code 45200 and has the NACE code: Maintenance and repair of motor vehicles. The firm's most recent accounts describe the period up to 2023-04-30 and the most recent confirmation statement was filed on 2023-07-19.

Having four job advertisements since Fri, 13th Jun 2014, Volksmaster has been an active employer on the employment market. On Sat, 11th Apr 2015, it was recruiting job candidates for a full time mechanic post in Bury, and on Fri, 13th Jun 2014, for the vacant post of a full time Vehicle Technician in Oldham. They employ workers on such positions as: Vehicle Mechanic or mechanic/vehicle technician.

The following business owes its achievements and constant development to four directors, who are Nathan M., Ryan M., Lisa M. and Michael M., who have been leading it since 2021. Moreover, the managing director's duties are constantly helped with by a secretary - Michael M., who joined the following business in March 2011.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency

Balance Sheet
Cash Bank On Hand	101 974	158 661	164 672	84 236	292 573	368 458	342 692
Current Assets	138 175	208 905	247 008	179 616	342 110	411 321	451 590
Debtors	29 656	44 684	77 096	89 545	43 497	38 313	98 783
Net Assets Liabilities	143 033	170 694			108 983	196 359	259 807
Other Debtors	2 435	16 737
Property Plant Equipment	115 785	113 180	141 346	117 616	120 159	618 165	709 404
Total Inventories	6 545	5 560	5 240	5 835	6 040	4 550	10 115

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets	12 000	14 000	16 000	18 000	20 000	20 000	22 500
Accumulated Depreciation Impairment Property Plant Equipment	97 932	113 765	144 340	186 286	217 243	248 746	344 246
Additions Other Than Through Business Combinations Property Plant Equipment		26 735
Amortisation Rate Used For Intangible Assets		10
Average Number Employees During Period	11	22	22	21	20	31	25
Corporation Tax Payable	5 754	22 704
Creditors	118 927	157 388	208 205	161 407	353 286	252 000	284 393
Depreciation Rate Used For Property Plant Equipment		15
Disposals Decrease In Depreciation Impairment Property Plant Equipment		8 209	1 292
Disposals Property Plant Equipment		13 506	1 890
Fixed Assets	123 785	119 180	145 346	119 616	120 159	643 165	731 904
Increase From Amortisation Charge For Year Intangible Assets		2 000	2 000	2 000	2 000		2 500
Increase From Depreciation Charge For Year Property Plant Equipment		24 043	31 867	41 946	30 957	31 503	95 500
Intangible Assets	8 000	6 000	4 000	2 000		25 000	22 500
Intangible Assets Gross Cost		20 000	20 000	20 000	20 000	45 000
Net Current Assets Liabilities	19 248	51 517	38 803	18 209	-11 176	-194 806	-187 704
Other Creditors	7 698	9 898
Other Taxation Social Security Payable	19 503	24 891
Property Plant Equipment Gross Cost	213 717	226 945	285 686	303 902	337 402	866 911	1 053 650
Total Assets Less Current Liabilities	143 033	170 697	184 149	137 825	108 983	448 359	544 200
Trade Creditors Trade Payables	85 972	99 898
Trade Debtors Trade Receivables	27 221	27 947
Dividends Paid			76 000	102 565	94 000
Profit Loss			89 452	56 241	65 158
Total Additions Including From Business Combinations Property Plant Equipment			60 631	18 216	33 500	529 509	186 739
Number Shares Issued Fully Paid						100	100
Par Value Share						1	1
Total Additions Including From Business Combinations Intangible Assets						25 000