Wattbike Limited in Nottingham, NG11 7EP

Description

Data updated on: 01-11-2023

Wattbike Limited is categorised as Private Limited Company, registered in Unit 13 Nottingham South & Wilford Industrial Estate, Ruddington Lane, West Bridgford in Nottingham. The head office's zip code is NG11 7EP. This firm was set up in 2005. The company's reg. no. is 05554245. The company's official name switch from Many to Wattbike Limited came on 2006-12-18. This enterprise's Standard Industrial Classification Code is 32300 meaning Manufacture of sports goods. The company's most recent financial reports were submitted for the period up to Thu, 30th Sep 2021 and the most recent confirmation statement was submitted on Tue, 5th Sep 2023.

We have identified 2 councils and public departments cooperating with the company. The biggest counter party of them all is the Derby City Council, with over 5 transactions from worth at least 500 pounds each, amounting to £6,177 in total. The company also worked with the Cornwall Council (1 transaction worth £1,509 in total). Wattbike was the service provided to the Cornwall Council Council covering the following areas: 41107-equipment Special Purchases was also the service provided to the Derby City Council Council covering the following areas: Premises Costs and Capital Expenditure.

This firm owes its accomplishments and unending growth to a team of three directors, namely Stephen L., Peter L. and Dusan A., who have been in the firm since 2023.

Previous company's names
Wattbike Limited 2006-12-18
Many Limited 2005-09-05

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency

Balance Sheet
Cash Bank On Hand	1 704 805	1 604 292	2 888 355	1 723 871	2 086 858	4 331 692	4 277 739	1 867 932
Current Assets		4 912 874	6 468 374	6 847 361	7 313 741	15 100 769	11 414 345	10 639 856
Debtors	1 038 584	1 094 216	2 156 076	1 978 996	3 049 442	4 484 891	2 865 123	2 552 034
Net Assets Liabilities		773 620	1 622 561	2 035 275	1 967 915	1 180 493	2 444 213	-3 920 336
Other Debtors	7 622	14 359		5 188	130 746	68 315	204 513	267 818
Property Plant Equipment	229 209	205 292	557 838	520 156	634 684	763 581	597 819	651 664
Total Inventories	1 103 962	1 218 170	1 423 943	3 144 494	2 177 441	4 886 226	3 176 985

Other Financial Data
Audit Fees Expenses	8 200	8 600	9 000	9 500	12 150	12 495	13 163
Accrued Liabilities Deferred Income	177 025	209 904	1 306 370	343 249	360 631	9 400 701	1 500 870	1 199 072
Accumulated Amortisation Impairment Intangible Assets				183 660	367 320	633 621	1 033 223	5 021 689
Accumulated Depreciation Impairment Property Plant Equipment	323 356	442 119	401 425	527 240	641 051	886 368	1 190 254	1 381 723
Additions Other Than Through Business Combinations Intangible Assets		286 613	448 027	367 371	360 617	503 149	1 583 973	1 471 939
Additions Other Than Through Business Combinations Property Plant Equipment		99 972	458 867	190 356	443 159	420 584	305 590	358 554
Administrative Expenses	3 169 576	3 401 076	4 108 472	4 514 303	5 311 290	7 330 820	8 601 191	8 028 995
Amortisation Expense Intangible Assets				183 660	183 660	266 301	399 602
Amounts Owed By Associates	34 237
Amounts Owed By Group Undertakings	1 038 584	1 094 216	1 001 890	884 926	1 009 858	1 397 960	1 094 498
Amounts Owed To Group Undertakings	49 478				2 027 083	1 881 940	7 560 999	10 950 010
Average Number Employees During Period				47	56	63	70	76
Bank Borrowings						597 185	606 281
Bank Borrowings Overdrafts	4 244 099					597 185	606 281
Bills Exchange Payable				292 316	327 761	297 367
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment							3 019
Comprehensive Income Expense					-67 360	-787 422	1 263 720	-6 364 549
Corporation Tax Payable		8 000
Corporation Tax Recoverable					92 214	169 134	121 234	313 562
Cost Inventories Recognised As Expense Gross	4 464 546	4 793 356
Cost Sales	4 767 752	5 174 775	6 440 946	8 846 644	11 624 496	14 307 173	21 820 177	14 309 707
Creditors	4 421 124	3 393 418	1 650 923	1 688 248	1 725 028	597 185	11 451 760	14 945 309
Current Tax For Period		8 000			-92 214	-168 484		-309 194
Deferred Tax Asset Debtors	95 770
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit				2 828		299		1 045 167
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	-8 631							-303 125
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	238 861	176 334	55 618	-9 174	154 065	72 927	-50 876
Depreciation Expense Property Plant Equipment		120 639	78 923	196 393	157 566	275 910	458 448
Derivative Liabilities						114 558
Finance Lease Liabilities Present Value Total							2 588
Finance Lease Payments Owing Minimum Gross							2 588
Finished Goods Goods For Resale	1 103 962	1 218 170	1 423 943	3 144 494	2 177 441	4 886 226	3 176 985	6 219 890
Fixed Assets		491 905	1 292 478	1 438 507	1 729 992	2 095 737	3 114 346	651 664
Further Item Deferred Expense Credit Component Total Deferred Tax Expense	-8 631						21 766	-303 125
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss								-3 370 261
Further Item Tax Increase Decrease Component Adjusting Items		-35 425	-32 319	987	3 250	-72 496	-195 204	-228 998
Future Minimum Lease Payments Under Non-cancellable Operating Leases				52 414	50 276	57 232	176 849	88 918
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	71 226	219 510	-64 309	-29 600	22 387	-1 412	-15 851	742 589
Gain Loss From Fair Value Cash Flow Hedges Before Tax Recognised In Other Comprehensive Income						-114 558	209 457	-94 899
Gain Loss On Disposals Property Plant Equipment	-1 915	-422	-85	-8 999	-17 317	522	-181
Gross Profit Loss	4 510 890	4 891 026	5 034 600	4 946 230	5 291 225	6 395 143	10 249 393
Impairment Loss Intangible Assets								3 370 261
Income Tax Expense Credit On Components Other Comprehensive Income						-21 766	39 797	-18 031
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-1 153 212	100 513
Increase Decrease In Current Tax From Adjustment For Prior Periods			-8 000		-46 811	-650	47 900	-4 389
Increase From Amortisation Charge For Year Intangible Assets				183 660	183 660	266 301	399 602	618 205
Increase From Depreciation Charge For Year Property Plant Equipment		120 639	78 923	196 393	157 566	275 910	459 239	284 387
Increase From Impairment Loss Recognised In Profit Or Loss Intangible Assets								3 370 261
Intangible Assets		286 613	734 640	918 351	1 095 308	1 332 156	2 516 527
Intangible Assets Gross Cost		286 613	734 640	1 102 011	1 462 628	1 965 777	3 549 750	5 021 689
Interest Income On Bank Deposits			523	5 328	4 511	1 386	1 779	95
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss			523
Interest Paid To Group Undertakings							537 131	638 227
Interest Payable Similar Charges Finance Costs	33 436	32 879	30 092	33 715	36 780	37 523	537 131	732 155
Interest Received Classified As Investing Activities			-523	-5 328
Loans From Other Related Parties Other Than Directors						1 762 551
Net Cash Flows From Used In Financing Activities	8 156	1 060 585
Net Cash Flows From Used In Investing Activities	90 236	383 758
Net Current Assets Liabilities		3 901 906	2 286 638	2 618 305	2 441 798	335 940	-37 415	-4 305 453
Net Finance Income Costs			523	5 328	4 525	1 386
Number Shares Issued Fully Paid			4 171	4 171
Operating Profit Loss	1 341 314	1 489 950	926 128	431 927	-20 065	-754 700	1 648 202
Other Comprehensive Income Expense Before Tax						-92 792	169 660	-76 868
Other Creditors	36 998	45 155	18 961	40 792	545 695	5 593
Other Creditors Including Taxation Social Security Balance Sheet Subtotal	149 138
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		1 876	119 617	70 578	43 755	30 593	155 353	92 918
Other Disposals Property Plant Equipment		5 125	147 015	102 223	90 072	46 370	167 466	113 240
Other Interest Expense				33 715	36 780	37 523
Other Interest Income					14
Other Interest Receivable Similar Income Finance Income			523	5 328	4 525	1 386	1 779	95
Other Provisions Balance Sheet Subtotal	101 249					321 765	311 563	266 547
Other Remaining Borrowings						1 762 551		1 286 424
Other Taxation Social Security Payable	149 138	97 514	220 563	156 310	86 090	642 200	715 039	419 505
Par Value Share			1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	38 847	43 817	59 630	45 521	82 660	70 699	78 819	114 629
Prepayments Accrued Income	37 398	48 622	72 887	45 139	144 771	297 318	369 644	258 628
Proceeds From Sales Property Plant Equipment		-2 827	-27 313	-22 646
Profit Loss	1 077 648	1 272 737	848 941	412 714	-67 360	-694 630	1 094 060	6 287 681
Profit Loss On Ordinary Activities Before Tax	1 307 878	1 457 071	896 559	403 540	-52 320	-790 837	1 112 850	-6 904 389
Property Plant Equipment Gross Cost	552 564	647 411	959 263	1 047 396	1 275 735	1 649 949	1 788 073	2 033 387
Provisions			305 632	333 289	478 847	653 999	632 718
Provisions For Liabilities Balance Sheet Subtotal		226 773	305 632	333 289	478 847	653 999
Purchase Intangible Assets		-286 613	-448 027	-367 371
Purchase Property Plant Equipment	-90 236	-99 972	-458 867	-190 356
Repayments Borrowings Classified As Financing Activities	-8 156	-1 060 585
Research Development Expense Recognised In Profit Or Loss	94 931	69 979	176 611	132 672	163 349	146 849	316 078
Social Security Costs	112 428	141 763	175 650	215 552	253 928	236 193	308 582
Staff Costs Employee Benefits Expense	1 286 794	1 499 625	1 875 782	2 146 408	2 661 519	2 745 630	3 391 305	3 440 287
Taxation Including Deferred Taxation Balance Sheet Subtotal		80 564	136 182	127 008	281 073	332 234	321 155
Tax Expense Credit Applicable Tax Rate				76 673	-9 941	-150 259	211 442	-1 311 834
Tax Expense Credit On Change In Fair Value Cash Flow Hedges In Other Comprehensive Income						-21 766	39 797	-18 031
Tax Increase Decrease Arising From Group Relief Tax Reconciliation								7 096
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-32 202	-65 000	-85 176	-77 114
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings				-14 942	21 394
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings			-4 783	-14 942
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	9 487	4 742	2 472	2 394	45 743	126 899	2 552	181 413
Tax Increase Decrease From Other Short-term Timing Differences		841
Tax Tax Credit On Profit Or Loss On Ordinary Activities	230 230	184 334	47 618	-9 174	15 040	-96 207	18 790	-616 708
Total Assets Less Current Liabilities		4 393 811	3 579 116	4 056 812	4 171 790	2 431 677	3 076 931	-3 653 789
Total Borrowings						2 657 103	606 281	1 286 424
Total Current Tax Expense Credit		8 000	-8 000		-139 025	-169 134	47 900	-313 583
Total Deferred Tax Expense Credit	230 230	176 334				72 927	-29 110	-303 125
Trade Creditors Trade Payables	177 025	434 044	740 144	1 349 270	1 524 683	659 919	1 065 983	1 090 298
Trade Debtors Trade Receivables	927 008	933 215	1 081 299	1 043 743	1 671 853	3 950 124	2 074 833	1 712 026
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment					124 748
Turnover Revenue	9 278 642	10 065 801	11 475 546	13 792 874	16 915 721	20 883 293	32 069 570
Wages Salaries	1 135 519	1 314 045	1 640 502	1 885 335	2 324 931	2 393 738	3 003 904	2 969 374
Company Contributions To Defined Benefit Plans Directors	10 000	14 000	18 000	18 000	20 500	32 190	-9 857
Director Remuneration					616 537	640 360	409 368	237 567
Further Item Director Remuneration Benefits Component Total Director Remuneration Benefits Excluding Payments To Third Parties							75 833