Watts Truck & Van Limited in Lydney, GL15 5DD

Description

Data updated on: 01-11-2023

Watts Truck & Van Limited has existed in the UK for 38 years. Started with registration number 02041427 in the year 1986, the firm is located at Althorpe House, Lydney GL15 5DD. This firm changed its name two times. Up to 2012 this firm has delivered the services it's been known for as Watts Truck & Van (cardiff) but currently this firm is registered under the business name Watts Truck & Van Limited. This business's SIC code is 45190 and has the NACE code: Sale of other motor vehicles. Watts Truck & Van Ltd filed its account information for the financial period up to Saturday 31st December 2022. The latest confirmation statement was submitted on Tuesday 22nd August 2023.

When it comes to the following firm, the majority of director's tasks have been performed by Simon G. and John T.. Amongst these two executives, John T. has supervised firm the longest, having been a vital addition to officers' team since 2nd April 2008.

Previous company's names
Watts Truck & Van Limited 2012-10-23
Watts Truck & Van (cardiff) Limited 2010-10-12
Cardiff Truck Centre Limited 1986-07-28

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	1 909	1
Current Assets	9 971	12 387
Debtors	3 020	2 150
Net Assets Liabilities	5 298	7 090
Other Debtors	230	337
Property Plant Equipment	1 931	2 339
Total Inventories	5 042	10 236

Other Financial Data
Accrued Liabilities Deferred Income	682	496
Accumulated Depreciation Impairment Property Plant Equipment	2 617	3 088
Additions Other Than Through Business Combinations Property Plant Equipment		1 274
Administrative Expenses	2 793	3 044
Amounts Owed To Group Undertakings	3 000	3 000
Average Number Employees During Period	95	95
Bank Borrowings Overdrafts		728
Bank Overdrafts		728
Corporation Tax Payable	187	219
Cost Sales	30 632	37 314
Creditors	3 000	3 000
Current Tax For Period	261	387
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period		94
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	270	94
Depreciation Expense Property Plant Equipment	777	625
Finished Goods Goods For Resale	2 024	8 042
Gain Loss On Disposals Property Plant Equipment	311	264
Gross Profit Loss	4 881	5 417
Increase Decrease In Current Tax From Adjustment For Prior Periods	-21
Increase From Depreciation Charge For Year Property Plant Equipment		625
Interest Paid To Group Undertakings	72	100
Interest Payable Similar Charges Finance Costs	72	100
Net Current Assets Liabilities	6 637	8 115
Operating Profit Loss	2 088	2 373
Other Creditors	21	25
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		154
Other Disposals Property Plant Equipment		394
Other Taxation Social Security Payable	385	93
Pension Other Post-employment Benefit Costs Other Pension Costs	95	99
Prepayments Accrued Income	346	415
Profit Loss	1 593	1 792
Profit Loss On Ordinary Activities Before Tax	2 016	2 273
Property Plant Equipment Gross Cost	4 547	5 427
Raw Materials Consumables	3 012	2 179
Social Security Costs	311	351
Staff Costs Employee Benefits Expense	3 421	3 729
Taxation Including Deferred Taxation Balance Sheet Subtotal	270	364
Tax Expense Credit Applicable Tax Rate	383	432
Tax Increase Decrease From Effect Capital Allowances Depreciation		-142
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	61	97
Tax Tax Credit On Profit Or Loss On Ordinary Activities	423	481
Total Assets Less Current Liabilities	8 568	10 454
Total Borrowings		728
Total Current Tax Expense Credit	153	387
Total Operating Lease Payments	376	370
Trade Creditors Trade Payables	2 059	2 711
Trade Debtors Trade Receivables	2 444	1 398
Turnover Revenue	35 513	42 731
Wages Salaries	3 015	3 279
Work In Progress	6	15

Company staff

Simon G.

Role: Director

Appointed: 29 May 2015

Latest update: 18 June 2024

John T.

Role: Director

Appointed: 02 April 2008

Latest update: 18 June 2024

Raymond N.

Role: Secretary

Resigned: 02 April 2008

Latest update: 18 June 2024

Margaret F.

Role: Secretary

Appointed: 02 April 2008

Resigned: 31 March 2014

Latest update: 18 June 2024

Stewart C.

Role: Director

Appointed: 02 April 2008

Resigned: 06 October 2015

Latest update: 18 June 2024

Raymond N.

Role: Director

Appointed: 22 August 1991

Resigned: 30 November 2010

Latest update: 18 June 2024

Paul N.

Role: Director

Appointed: 22 August 1991

Resigned: 02 April 2008

Latest update: 18 June 2024

People with significant control

The companies with significant control over this firm are: Wt&V Limited owns over 3/4 of company shares. This business can be reached in Lydney at High Street, GL15 5DD.

Wt&V Limited

Address: Althorpe House High Street, Lydney, GL15 5DD, England

Legal authority Companies Act 2006

Legal form Private Company Limited By Shares

Notified on 30 June 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	05 September 2024
Confirmation statement last made up date	22 August 2023

Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Watts Truck & Van Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Simon G.

John T.

Raymond N.

Margaret F.

Stewart C.

Raymond N.

Paul N.

People with significant control

Wt&V Limited

Accounts Documents

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