Wessex Resins & Adhesives Limited in Romsey, SO51 7LF

Description

Data updated on: 01-11-2023

This business operates as Wessex Resins & Adhesives Limited. This firm was established 42 years ago and was registered under 01607313 as its reg. no. This head office of the company is located in Romsey. You can contact them at Cupernham House, Cupernham Lane. The firm's declared SIC number is 20520 - Manufacture of glues. 31st December 2022 is the last time the accounts were filed.

Regarding to this specific business, all of director's assignments have so far been done by Samuel O., Julian S., Jaqueline L. and Ian O.. When it comes to these four executives, Ian O. has been with the business for the longest time, having become a vital addition to directors' team on 2001. In order to find professional help with legal documentation, this business has been utilizing the skillset of Julian S. as a secretary since August 2015.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-06-30	2014-06-30	2015-06-30	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	2 940 898	3 045 336	4 392 206	4 227 795

Balance Sheet
Cash Bank In Hand	2 785 835	3 250 083	973 071	1 281 552
Cash Bank On Hand				1 281 552	1 990 644	827 405	857 306	836 713	1 022 515	792 230	855 769
Current Assets	7 857 515	4 644 227	3 512 462	3 424 907	3 847 861	3 405 909	3 907 157	3 863 613	3 288 557	3 661 013	3 890 429
Debtors	4 156 722	2 996 050	1 644 511	1 228 911	1 064 561	1 484 162	1 816 125	1 771 806	1 067 884	1 420 485	1 217 533
Net Assets Liabilities				4 051 433	4 051 305	4 030 801	3 194 757	3 169 870	3 296 667	3 588 602	3 817 949
Net Assets Liabilities Including Pension Asset Liability			4 374 606	4 227 795
Property Plant Equipment				2 157 965	2 375 147	2 534 299	446 283	625 678	817 213	715 016	651 527
Stocks Inventory	914 958	725 021	894 880	914 444
Tangible Fixed Assets	297 875	357 248	1 427 959	2 157 965
Total Inventories				914 444	792 655	1 094 342	1 233 726	1 253 923	1 198 158	1 448 298	1 817 127

Capital & Reserves
Called Up Share Capital	5 000	5 000	5 000	5 000
Profit Loss Account Reserve	2 935 898	3 040 336	4 017 686	3 870 875
Shareholder Funds	2 940 898	3 045 336	4 392 206	4 227 795

Other Financial Data
Accrued Liabilities				31 524	57 306	65 393	79 378	48 911	56 468	74 310	115 211
Accumulated Depreciation Impairment Property Plant Equipment				497 490	590 856	690 161	674 477	767 955	892 078	1 030 657	1 141 496
Additional Provisions Increase From New Provisions Recognised						134 945
Amounts Owed By Group Undertakings				56 316	135 864	667 888	811 522	803 085		128 553	176 154
Amounts Owed To Group Undertakings							440 585	999 635	81 080
Average Number Employees During Period					29	29	30	32	32	33	33
Bank Borrowings				93 333	1 515 420	1 420 265
Bank Borrowings Overdrafts				1 306 666	1 414 659	1 281 922	1 219
Bank Overdrafts						1 213	1 219
Corporation Tax Payable				-46 994	-53 714	29 473			48 014	85 222	68 404
Creditors				1 306 666	1 446 722	1 301 159	71 967	21 488	672 717	671 616	616 402
Creditors Due After One Year				1 306 666
Creditors Due Within One Year	5 692 750	4 732 372	990 512	462 649
Deferred Tax Asset Debtors				326 393	292 596	157 652	104 400	10 827
Disposals Decrease In Depreciation Impairment Property Plant Equipment							90 475		10 033		11 110
Disposals Property Plant Equipment							2 215 885		18 321		12 650
Dividends Paid					627 500
Finance Lease Liabilities Present Value Total					32 063	19 237	71 967	21 488	25 474	75
Fixed Assets	776 133	806 554	1 852 656	2 395 841	2 481 530	2 579 993	446 284
Future Minimum Lease Payments Under Non-cancellable Operating Leases							148 780	174 180	222 180	227 310	224 286
Increase Decrease Due To Transfers Between Classes Property Plant Equipment							-163 123
Increase Decrease In Property Plant Equipment					54 000		49 043
Increase From Depreciation Charge For Year Property Plant Equipment					93 366	99 305	74 791	93 478	134 156	138 579	121 949
Investment Property				235 376	106 383	45 694
Investments Fixed Assets	2 500	2 500	2 500	2 500
Investments In Group Undertakings				2 500	-2 500
Net Current Assets Liabilities	2 164 765	2 931 288	2 539 550	2 962 258	3 016 497	2 751 967	2 820 441	2 565 680	2 615 840	2 989 397	3 274 027
Number Shares Allotted		5 000	5 000	5 000
Number Shares Issued Fully Paid					5 000
Other Creditors				5 290	156 075	189 141	225 583	22 309	49 746	36 132	21 904
Other Taxation Social Security Payable				224 546	266 120	20 601	30 011	55 055	58 433	24 659	30 521
Par Value Share		1	1	1	1
Prepayments Accrued Income				33 270	40 806	36 268	68 325	80 864	98 655	84 976	70 083
Profit Loss					627 372
Property Plant Equipment Gross Cost				2 655 455	2 966 003	3 224 460	1 120 760	1 393 633	1 709 291	1 745 673	1 793 023
Provisions					-292 597	-157 652	-104 400	-10 827	136 386	115 811	107 605
Revaluation Reserve			351 920	351 920
Share Capital Allotted Called Up Paid	5 000	5 000	5 000	5 000
Tangible Fixed Assets Additions		99 101	706 450	771 567
Tangible Fixed Assets Cost Or Valuation	726 417	825 518	1 883 888	2 655 455
Tangible Fixed Assets Depreciation	428 542	468 270	455 929	497 490
Tangible Fixed Assets Depreciation Charged In Period		39 728	43 411	41 561
Tangible Fixed Assets Increase Decrease From Revaluations			351 920
Total Additions Including From Business Combinations Property Plant Equipment					310 548	258 457	112 186	272 873	333 979	36 382	60 000
Total Assets Less Current Liabilities	2 940 898	3 737 842	4 374 606	5 534 461	5 498 027	5 331 960	3 266 724	3 191 358	3 433 053	3 704 413	3 925 554
Total Borrowings					1 560 308	1 452 327	127 323
Trade Creditors Trade Payables				154 950	158 158	217 554	210 441	111 794	300 756	451 218	378 887
Trade Debtors Trade Receivables				486 458	529 304	569 916	740 218	685 298	964 258	931 476	940 321
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment							-78 996
Advances Credits Directors	1 970 145	1 362 610
Advances Credits Made In Period Directors	365 690
Provisions For Liabilities Balance Sheet Subtotal									136 386	115 811	107 605
Recoverable Value-added Tax										82 889