Wellwinch Limited in Sittingbourne, ME10 1XS

Description

Data updated on: 01-11-2023

Wellwinch Limited with Companies House Reg No. 10975860 has been on the market for seven years. The Private Limited Company is officially located at 150 Staplehurst Road, , Sittingbourne and company's postal code is ME10 1XS. The business name of the company got changed in the year 2018 to Wellwinch Limited. This business former name was Wellwinch Property. The company's SIC code is 68100 which stands for Buying and selling of own real estate. March 31, 2023 is the last time the company accounts were filed.

There seems to be a number of three directors running this specific limited company at present, specifically Emma B., Clare R. and James B. who have been carrying out the directors duties since January 2018. In order to help the directors in their tasks, this limited company has been utilizing the skills of Roger B. as a secretary since the appointment on January 15, 2018.

Sarah B. is the individual who controls this firm, owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Previous company's names
Wellwinch Limited 2018-01-18
Wellwinch Property Limited 2017-09-21

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	442	366	305	218	118
Current Assets		5 739 067	6 110 861	5 989 723	6 065 473
Debtors		1 055 896	732 220	1 381 338	2 323 735
Net Assets Liabilities		6 278 111	6 756 234	3 420 000	3 420 000
Other Debtors		81 631			800 000
Total Inventories		1 446 697	963 940	1 003 446	920 052

Other Financial Data
Audit Fees Expenses		20 000	22 000	22 000	23 000
Fees For Non-audit Services				7 000	8 500
Other Assurance Services Fees				6 000	7 500
Other Non-audit Services Entity Subsidiaries Fees		4 400	5 000
Other Taxation Advisory Services Entity Subsidiaries Fees		7 266	4 500
Taxation Compliance Services Fees				1 000	1 000
Accrued Liabilities Deferred Income		54 977	60 000
Accumulated Depreciation Impairment Property Plant Equipment		1 143 205	1 233 748	1 033 636	1 011 080
Additions Other Than Through Business Combinations Property Plant Equipment			73 376		71 414
Administration Support Average Number Employees		24	24	22	22
Administrative Expenses		1 527 148	1 524 001	1 692 889	1 942 466
Amounts Owed To Group Undertakings		500	305
Amounts Owed To Group Undertakings Participating Interests	500	500
Amounts Owed To Related Parties				218	118
Applicable Tax Rate		19	19	19	19
Average Number Employees During Period		61	57	49	51
Balances With Banks				218	118
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment		1 126 000	1 104 700
Cash Cash Equivalents Cash Flow Value		3 236 474	4 414 396	3 604 939
Comprehensive Income Expense		1 057 914	796 183
Corporation Tax Payable		235 143	183 338
Cost Sales		4 910 151	4 680 713	3 958 310	3 383 655
Creditors	500	500	305	1 281 801	118
Current Tax For Period		235 143	183 338	196 826	-118 496
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		-965	-1 002	-13 210	2 567
Deferred Tax Liabilities		27 401	26 399	13 189	15 757
Depreciation Amortisation Expense				108 438	89 840
Depreciation Expense Property Plant Equipment		109 439	111 145	108 438	89 840
Depreciation Rate Used For Property Plant Equipment			2
Disposals Decrease In Depreciation Impairment Property Plant Equipment			20 602		-86 911
Disposals Property Plant Equipment			20 602		-86 911
Dividends Paid		636 120	318 060	-1 272 240	-636 120
Dividends Paid Classified As Financing Activities		636 120	318 060	-1 272 240	-636 120
Dividends Paid On Shares	636 120	636 120	318 060
Dividends Paid On Shares Interim				1 272 240	636 120
Financial Assets		366	305
Future Minimum Lease Payments Under Non-cancellable Operating Leases		42 428	57 739	60 737	34 275
Gain Loss From Revaluation Property Plant Equipment Recognised In Profit Or Loss					13 000
Gain Loss In Cash Flows From Change In Accrued Items		11 121	5 023
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables		33 317	-96 314	346 913	-85 092
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables		-111 335	323 676	648 813	942 397
Gain Loss In Cash Flows From Change In Inventories		-89 583	482 757	39 506	-83 394
Gain Loss On Disposals Property Plant Equipment		10 041	4 650		13 000
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss		-1 150	-2 474	-454	-1 620
Government Grant Income				12 689
Gross Amount Due From Customers For Construction Contract Work As Asset				279 839	706 900
Gross Profit Loss		2 721 689	2 458 525	2 618 895	2 623 848
Income Taxes Paid Refund Classified As Operating Activities		220 111	197 213	183 338	-62 603
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		208 640	1 178 227	-809 457	-783 253
Increase Decrease In Current Tax From Adjustment For Prior Periods		-81 372	-37 930
Increase Decrease In Existing Provisions			-1 002		2 567
Increase Decrease In Net Debt From Cash Flows					-783 253
Increase From Depreciation Charge For Year Property Plant Equipment			19 000		64 355
Interest Income On Cash Cash Equivalents		12 270	4 708
Interest Paid Classified As Operating Activities			900
Interest Payable Similar Charges Finance Costs			900
Interest Received Classified As Investing Activities				3 902	32 656
Interest Received Classified As Operating Activities		12 571	4 766	3 902	32 656
Investments	3 420 000	3 420 000	3 420 000
Investments Fixed Assets	3 420 000	3 420 000	3 420 000	3 420 000	3 420 000
Investments In Group Undertakings	3 420 000	3 420 000	3 420 000
Investments In Subsidiaries				3 420 000	3 420 000
Net Cash Flows From Used In Financing Activities		-636 120	-318 060
Net Cash Flows From Used In Investing Activities		-88 767	-68 726	-61 886	-25 758
Net Cash Flows From Used In Operating Activities		933 527	1 565 013	524 669	-121 375
Net Cash Generated From Operations		1 141 067	1 758 360	708 007	-183 978
Net Cash Inflow Outflow From Operations Before Movements In Working Capital				1 049 413	760 117
Net Current Assets Liabilities	-58	-134	5 189 461	4 707 922	4 924 657
Net Debt Funds				3 604 939	2 821 686
Net Deferred Tax Liability Asset		27 401	26 399
Number Shares Issued Fully Paid	3 420 000	3 420 000	3 420 000
Operating Profit Loss		1 198 149	936 723	940 975	683 277
Other Creditors		24 454	12 557	2 143	13 420
Other Employee Expense				2 922	6 573
Other Finance Costs			900
Other Finance Income				3 902	32 656
Other Interest Income		301	58
Other Interest Receivable Similar Income Finance Income		12 571	4 766	3 902	32 656
Other Inventories				1 003 446	920 052
Other Operating Income Format1		3 608	2 199	14 969	1 895
Other Payables Accrued Expenses				544 005	490 220
Other Remaining Operating Income		3 608	2 199	2 280	1 895
Other Taxation Social Security Payable		289 175	247 364
Par Value Share		1	1
Pension Costs Defined Contribution Plan		126 910	151 991	141 389	151 938
Pension Other Post-employment Benefit Costs Other Pension Costs		126 910	151 991
Percentage Class Share Held In Subsidiary				100	100
Prepayments				63 797	308 710
Prepayments Accrued Income		69 094	66 898
Proceeds From Sales Property Plant Equipment		10 043	4 650		13 000
Production Average Number Employees		37	33	27	29
Profit Loss		636 044	318 194	761 261	831 862
Profit Loss Attributable To Owners Parent				761 261	831 862
Profit Loss On Ordinary Activities Before Tax		1 210 720	940 589	944 877	715 933
Property Plant Equipment Gross Cost		1 650 000	1 650 000	1 197 916	1 182 419
Provisions		27 401	26 399	13 189	15 756
Provisions For Liabilities Balance Sheet Subtotal		27 401	26 399	13 189	15 756
Purchase Property Plant Equipment		98 810	73 376	-65 788	-71 414
Raw Materials		1 250 005	830 716
Research Development Tax Credit		81 372	37 930
Revenue From Sale Goods		7 631 840	7 139 238	6 577 205	6 007 503
Social Security Costs		166 845	169 589	146 359	176 107
Staff Costs Employee Benefits Expense		2 062 172	1 983 068	1 784 174	2 014 343
Taxation Social Security Payable				246 842	215 515
Tax Expense Credit Applicable Tax Rate		230 051	178 687	179 527	136 027
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit					-259 429
Tax Increase Decrease From Effect Capital Allowances Depreciation		4 575	4 612	16 820	7 030
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		517	39	479	-2 124
Tax Increase Decrease From Other Short-term Timing Differences		-965	-1 002	-13 210	2 567
Tax Tax Credit On Profit Or Loss On Ordinary Activities		152 806	144 406	183 616	-115 929
Total Assets Less Current Liabilities	3 419 942	3 419 866	3 420 000	6 258 444	6 456 753
Total Current Tax Expense Credit		153 771	145 408
Trade Creditors Trade Payables		460 747	418 141	291 985	280 728
Trade Debtors Trade Receivables		905 171	665 322	1 037 702	508 125
Turnover Revenue		52 948	7 139 238	6 577 205	6 007 503
Wages Salaries		1 768 417	1 661 488	1 493 504	1 679 725
Work In Progress		196 692	133 224
Company Contributions To Money Purchase Plans Directors		66 295	78 416	85 473	72 945
Director Remuneration		110 039	353 031	251 922	281 936
Director Remuneration Benefits Excluding Payments To Third Parties		375 180	124 552
Number Directors Accruing Benefits Under Money Purchase Scheme		3	3

Company staff

Emma B.

Role: Director

Appointed: 15 January 2018

Latest update: 30 December 2023

Clare R.

Role: Director

Appointed: 15 January 2018

Latest update: 30 December 2023

Roger B.

Role: Secretary

Appointed: 15 January 2018

Latest update: 30 December 2023

James B.

Role: Director

Appointed: 21 September 2017

Latest update: 30 December 2023

People with significant control

Sarah B.

Notified on 1 May 2018

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

right to manage directors

James B.

Notified on 21 September 2017

Ceased on 1 May 2018

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	04 October 2024
Confirmation statement last made up date	20 September 2023

Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Wellwinch Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Emma B.

Clare R.

Roger B.

James B.

People with significant control

Sarah B.

James B.

Accounts Documents

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies