Watford Control Instruments Ltd in Hertford, SG14 2JA

Description

Data updated on: 01-11-2023

Started with Reg No. 10186990 8 years ago, Watford Control Instruments Ltd was set up as a Private Limited Company. The business latest mailing address is Broad Oak Manor Broad Oak End, Bramfield Road Hertford. 8 years ago this business switched its business name from Watford Control 1947 to Watford Control Instruments Ltd. The firm's Standard Industrial Classification Code is 27120 meaning Manufacture of electricity distribution and control apparatus. The business most recent filed accounts documents cover the period up to 2022-07-31 and the most recent annual confirmation statement was submitted on 2023-05-15.

As the data suggests, the limited company was formed in May 2016 and has been run by five directors.

Mark M. is the individual who has control over this firm, has substantial control or influence over the company.

Previous company's names
Watford Control Instruments Ltd 2016-07-22
Watford Control 1947 Ltd 2016-05-18

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-07-31	2018-07-30	2019-07-30	2020-07-30	2021-07-30	2021-07-31	2022-07-31	2023-07-31
Currency

Balance Sheet
Cash Bank On Hand	14 897	161 765	98 105	343 957	177 942	177 942	254 189	343 524
Current Assets	514 859	557 101	704 991	1 063 101	1 020 986	1 020 988	1 262 059	1 027 200
Debtors	373 645	290 679	511 549	378 769	386 033	386 035	579 201	252 697
Net Assets Liabilities	-39 683	-4 706	204 452	418 001	640 958	640 958	711 163	696 764
Other Debtors	31 915	44 221	6 051	192 334	5 279	5 279	4 147	169 177
Property Plant Equipment	68 807	58 776	47 284	79 326	147 328	147 328	309 410	380 377
Total Inventories	126 317	104 657	95 337	340 375	457 011	457 011	428 669	430 979

Other Financial Data
Accrued Liabilities						8 020	5 260
Accumulated Amortisation Impairment Intangible Assets	21 013	39 453	57 892	76 333	103 863	103 863	130 471	157 079
Accumulated Depreciation Impairment Property Plant Equipment	13 586	27 680	42 962	66 533	101 192	101 192	118 563	195 587
Additions Other Than Through Business Combinations Property Plant Equipment							224 170	147 991
Amounts Owed To Related Parties						531	172 501	67 197
Average Number Employees During Period	23	21	17	17	18	18	16	15
Bank Borrowings				150 000	145 000	115 000	168 593	120 720
Creditors	779 584	167 350	667 179	157 685	168 020	168 020	221 583	240 502
Disposals Decrease In Depreciation Impairment Property Plant Equipment							-31 773
Disposals Property Plant Equipment	10 000						-44 717
Finance Lease Liabilities Present Value Total				10 185	53 020	53 020	28 169	29 390
Fixed Assets	225 042	196 571	166 640	180 241	261 553	261 553	397 027	441 386
Future Minimum Lease Payments Under Non-cancellable Operating Leases	28 800	32 000			32 000	320 000	288 000	256 000
Increase From Amortisation Charge For Year Intangible Assets	21 013	18 440	18 439	18 441	27 530		26 608	26 608
Increase From Depreciation Charge For Year Property Plant Equipment	13 586	14 094	15 282	23 571	34 659		49 144	77 024
Intangible Assets	156 235	137 795	119 356	100 915	114 225	114 225	87 617	61 009
Intangible Assets Gross Cost	177 248	177 248	177 248	177 248	218 088	218 088	218 088	218 088
Minimum Operating Lease Payments Recognised As Expense						32 000	32 000	32 000
Net Current Assets Liabilities	-264 725	-33 927	37 812	395 445	606 642	606 642	623 504	539 025
Nominal Value Allotted Share Capital						150 101	150 101	150 101
Number Shares Issued Fully Paid	100	100		100	1	150 101	150 101	150 101
Other Creditors		17 063	10 224	4 908	13 289	129 440	31 386	19 480
Other Inventories						303 011	309 115	259 115
Other Remaining Borrowings					98 360	98 360	15 000	10 768
Par Value Share	1	1		1	1		1	1
Prepayments						127 295	292 913	492 409
Property Plant Equipment Gross Cost	82 393	86 456	90 246	145 859	248 520	248 520	427 973	575 964
Provisions For Liabilities Balance Sheet Subtotal					59 217	59 217	87 785	43 145
Taxation Social Security Payable						11 575	60 422	17 709
Total Assets Less Current Liabilities	-39 683	162 644	204 452	575 686	868 195	868 195	1 020 531	980 411
Total Borrowings				165 499	300 393	115 000	221 583	240 502
Trade Creditors Trade Payables	581 050	167 350	171 162	168 790	87 380	87 382	239 146	295 758
Trade Debtors Trade Receivables	328 660	196 458	469 453	134 129	253 461	253 461	282 141	-408 889
Work In Progress	110 983	85 422				154 000	119 554	171 864
Accrued Liabilities Deferred Income	18 089	17 063	19 072	10 581	8 020
Consideration Received For Shares Issued Specific Share Issue	100
Nominal Value Shares Issued Specific Share Issue	1				1
Number Shares Issued Specific Share Issue	100
Other Taxation Social Security Payable	7 385	7 114	27 939	68 145	11 575
Prepayments Accrued Income	13 070	50 000	36 045	52 306	127 293
Profit Loss	-39 783	34 977		213 549	72 956
Raw Materials	15 334	19 235
Total Additions Including From Business Combinations Intangible Assets	177 248				40 840
Total Additions Including From Business Combinations Property Plant Equipment	92 393	4 063	3 790	55 613	102 661
Additional Provisions Increase From New Provisions Recognised					59 217
Bank Borrowings Overdrafts				147 500	115 000
Corporation Tax Payable			12 223	27 133	27 735
Merchandise			95 337	340 375	457 011
Provisions					59 217