Mtl Advanced Ltd in Darwen, BB3 2RB

Description

Data updated on: 01-11-2023

07712250 - registration number used by Mtl Advanced Ltd. This company was registered as a Private Limited Company on 2011-07-20. This company has been active in this business for 13 years. The firm could be gotten hold of in Britannia House Junction Street in Darwen. The company's zip code assigned to this place is BB3 2RB. This company currently known as Mtl Advanced Ltd, was previously listed as Wec Cooling. The transformation has occurred in 2015-02-23. This company's Standard Industrial Classification Code is 25110 which stands for Manufacture of metal structures and parts of structures. The latest annual accounts cover the period up to 31st December 2022 and the most recent annual confirmation statement was released on 19th July 2023.

Mtl Advanced Ltd is a small-sized vehicle operator with the licence number OB1137816. The firm has one transport operating centre in the country. In their subsidiary in Rotherham on Grange Lane, 1 machine is available.

As stated, this particular limited company was created in 2011 and has so far been governed by ten directors, and out this collection of individuals two (Wayne T. and James H.) are still active. Additionally, the managing director's duties are often helped with by a secretary - Andrew S., who joined this limited company 6 years ago.

Previous company's names
Mtl Advanced Ltd 2015-02-23
Wec Cooling Limited 2011-07-20

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	4 430 621	4 212 081	3 662 644	5 059 487	4 574 069
Current Assets	14 999 677	14 359 583	15 470 937	19 402 093	22 582 640
Debtors	6 588 652	6 902 924	7 896 027	7 120 720	10 745 870
Net Assets Liabilities	5 698 153	6 887 227	8 627 331	10 100 851	11 358 738
Other Debtors	19 852	2 297	22 873	53 877	169 355
Property Plant Equipment	3 126 238	2 514 185	2 058 993	2 869 864	2 379 875
Total Inventories	3 980 404	3 244 578	3 912 266	7 221 886	7 262 701

Other Financial Data
Audit Fees Expenses	11 824	11 742	13 697	14 046	15 058
Accrued Liabilities Deferred Income	1 001 391	1 041 124	1 854 768	2 267 605	3 580 423
Accumulated Depreciation Impairment Property Plant Equipment	2 056 951	3 006 601	3 844 545	4 621 035	5 384 761
Additions Other Than Through Business Combinations Intangible Assets					69 832
Additions Other Than Through Business Combinations Property Plant Equipment		396 572	382 752	1 587 361	382 737
Administrative Expenses	2 008 582	2 575 477	2 977 795	3 218 911	4 779 624
Amounts Owed By Group Undertakings	275 936	594 831	58 087	154 757	16 481
Amounts Owed To Group Undertakings	4 700 000	3 000 000	358 311	1 268 703	302 922
Average Number Employees During Period	284	267	249	266	280
Balances Amounts Owed To Related Parties			43 434	134 226
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	1 039 951	1 049 650	710 387	1 582 894	1 207 113
Corporation Tax Payable	165 864	166 931	216 105		97 596
Corporation Tax Recoverable				113 519
Cost Sales	26 206 649	26 451 587	22 489 629	27 307 256	34 853 775
Creditors	5 411 799	3 722 511	457 257	1 213 339	897 207
Current Tax For Period	329 392	355 237	445 329	254 323	839 873
Deferred Income				1 219 413
Deferred Tax Asset Debtors	13 041	75 237	124 574
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws				-39 339	1 523
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-13 041	-62 196	-49 337	270 207	4 822
Depreciation Expense Property Plant Equipment	664 254	689 636	498 681	345 614	496 945
Distribution Costs	1 724 676	1 650 533	1 479 529	1 487 498	1 773 675
Dividends Paid	1 184 871			1 000 000	2 500 000
Dividends Paid On Shares Final	1 184 871
Dividends Paid On Shares Interim				1 000 000	2 500 000
Finance Lease Liabilities Present Value Total	711 799	722 511	457 257	1 213 339	897 207
Finance Lease Payments Owing Minimum Gross	973 929	1 055 691	722 384	1 566 423	1 232 801
Fixed Assets				2 869 864	2 449 707
Future Minimum Lease Payments Under Non-cancellable Operating Leases	4 155 686	3 473 396	2 816 667	2 166 667	1 516 667
Gain Loss On Disposals Property Plant Equipment	26 140	4 641	4 200		22 500
Government Grant Income			694 689	111 909
Gross Profit Loss	5 512 244	5 902 076	6 034 023	7 555 196	11 177 897
Increase Decrease In Current Tax From Adjustment For Prior Periods	-157			4 868	6 747
Increase From Depreciation Charge For Year Property Plant Equipment		1 001 666	837 944	776 490	872 726
Intangible Assets					69 832
Intangible Assets Gross Cost					69 832
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	11 348	21 888	18 658	17 873	49 256
Interest Income On Bank Deposits		173
Interest Paid To Group Undertakings	135 862	172 236	87 262
Interest Payable Similar Charges Finance Costs	149 726	194 124	105 920	17 873	49 256
Net Current Assets Liabilities	7 983 714	8 095 553	7 025 595	8 550 620	9 918 877
Operating Profit Loss	1 778 986	1 676 066	2 242 016	2 981 452	4 660 108
Other Creditors				183 295	147 850
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		52 016			109 000
Other Disposals Property Plant Equipment		59 000			109 000
Other Interest Receivable Similar Income Finance Income		173
Other Operating Income Format1			694 689	132 665	35 510
Other Taxation Social Security Payable	791 397	452 421	1 218 106	703 154	1 296 300
Payments To Related Parties			370 678	674 316
Pension Other Post-employment Benefit Costs Other Pension Costs	397 508	499 704	195 723	204 917	229 084
Prepayments Accrued Income	204 968	203 907	200 415	226 825	281 227
Profit Loss	1 313 066	1 189 074	1 740 104	2 473 520	3 757 887
Profit Loss On Ordinary Activities Before Tax	1 629 260	1 482 115	2 136 096	2 963 579	4 610 852
Property Plant Equipment Gross Cost	5 183 214	5 520 786	5 903 538	7 490 899	7 764 636
Raw Materials Consumables	1 725 365	1 242 845	2 021 084	3 645 181	3 755 633
Social Security Costs	781 282	742 250	602 759	790 621	952 146
Staff Costs Employee Benefits Expense	9 341 658	9 085 005	8 468 827	9 740 927	11 041 659
Taxation Including Deferred Taxation Balance Sheet Subtotal				106 294	112 639
Tax Decrease Increase From Effect Revenue Exempt From Taxation				27 075
Tax Expense Credit Applicable Tax Rate	309 559	281 602	405 858	563 080	876 062
Tax Increase Decrease Arising From Group Relief Tax Reconciliation			-40 248
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit				-3 852	-6 747
Tax Increase Decrease From Effect Capital Allowances Depreciation	2 267	2 284	2 161	-73 393	-26 049
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings	816	7 317	-8 851	25 510	1 523
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	3 709	1 838	37 072	921	1 429
Tax Tax Credit On Profit Or Loss On Ordinary Activities	316 194	293 041	395 992	490 059	852 965
Total Assets Less Current Liabilities	11 109 952	10 609 738	9 084 588	11 420 484	12 368 584
Total Current Tax Expense Credit	329 235	355 237	445 329	259 191	846 620
Total Deferred Tax Expense Credit			-49 337	230 868	6 345
Total Operating Lease Payments	650 000	650 000	650 000	650 000	650 000
Trade Creditors Trade Payables	4 412 005	3 693 064	4 532 925	4 856 219	6 903 078
Trade Debtors Trade Receivables	6 074 855	6 026 652	7 490 078	6 571 742	10 278 807
Turnover Revenue	31 718 893	32 353 663	28 523 652	34 862 452	46 031 672
Wages Salaries	8 162 868	7 843 051	7 372 080	8 745 389	9 860 429
Work In Progress	2 255 039	2 001 733	1 891 182	3 576 705	3 507 068
Company Contributions To Defined Benefit Plans Directors	11 736
Director Remuneration Benefits Including Payments To Third Parties	98 525

Company staff

Andrew S.

Role: Secretary

Appointed: 04 June 2018

Latest update: 19 March 2024

Wayne T.

Role: Director

Appointed: 23 May 2018

Latest update: 19 March 2024

The companies that control this firm are as follows: Wec Group Holdings Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Darwen at Junction Street, BB3 2RB, Lancashire and was registered as a PSC under the registration number 11324003.

Wec Group Holdings Limited

Address: Britannia House Junction Street, Darwen, Lancashire, BB3 2RB, England

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered England

Place registered Companies House

Registration number 11324003

Notified on 1 May 2018

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Burnhart Holdings Ltd

Address: Britannia House Junction Street, Darwen, Lancashire, BB3 2RB, England

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered England

Place registered England & Wales

Registration number 08453574

Notified on 6 April 2016

Ceased on 28 March 2019

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

James H.

Notified on 6 April 2016

Ceased on 1 May 2018

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Wayne W.

Notified on 6 April 2016

Ceased on 1 May 2018

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	02 August 2024
Confirmation statement last made up date	19 July 2023

Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	31 December 2022

Mtl Advanced Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Andrew S.

Wayne T.

James H.

Christopher M.

Andrew R.

Jamie S.

Karl S.

Darren B.

Howard K.

Wayne W.

Brian S.

People with significant control

Wec Group Holdings Limited

Burnhart Holdings Ltd

James H.

Wayne W.

Accounts Documents

Company Vehicle Operator Data

M T L Advanced Ltd

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