West Midland Electrics Limited in Birmingham, B19 1BH

Description

Data updated on: 01-11-2023

This firm is known under the name of West Midland Electrics Limited. This firm was originally established twenty years ago and was registered under 05270828 as the registration number. This particular office of the firm is situated in Birmingham. You can reach it at 7 Villa Road, Handsworth. This firm's Standard Industrial Classification Code is 46439 which stands for Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them). The business latest annual accounts were submitted for the period up to March 31, 2022 and the most current annual confirmation statement was filed on March 24, 2023.

In order to meet the requirements of their client base, this specific business is consistently overseen by a unit of two directors who are Jasvinder B. and Kirandeep B.. Their successful cooperation has been of pivotal use to this business since March 2013.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	4	100	3 231	10 965	40 128

Balance Sheet
Cash Bank In Hand	4	4	36 174	69 336	83 374
Cash Bank On Hand					83 375	43 337	188 981	208 936	178 551	266 224	286 089	171 700
Current Assets		100	465 455	539 166	549 317	482 452	588 485	646 365	580 088	917 039	635 417	501 578
Debtors		100	4 986	4 985	10 507		24 069	65 944	96 422	390 005	83 993	71 333
Intangible Fixed Assets			102 690	102 690	102 690
Net Assets Liabilities					40 128	80 548	114 657	145 048	191 714	285 500	373 021	396 171
Other Debtors					5 830			42 118	71 079	372 245	64 696	66 555
Property Plant Equipment					1 442	1 225	1 042	885	1 568	1 333	1 133	4 649
Stocks Inventory			424 295	464 845	455 435
Tangible Fixed Assets					1 442
Total Inventories					455 435	439 115	375 435	371 485	305 115	260 810	265 335	258 545
Net Assets Liabilities Including Pension Asset Liability	4	4	3 231	10 965

Capital & Reserves
Called Up Share Capital		100	100	100	100
Profit Loss Account Reserve			3 131	10 865	40 028
Shareholder Funds	4	100	3 231	10 965	40 128

Other Financial Data
Amount Specific Advance Or Credit Directors				469 365	413 824	368 300	341 485	307 895	252 259	170 977	67 924	8 555
Amount Specific Advance Or Credit Made In Period Directors					56 324	45 524	26 943	33 590	55 636	81 282	103 053	110 775
Amount Specific Advance Or Credit Repaid In Period Directors					783		128					34 296
Accumulated Amortisation Impairment Intangible Assets						5 135	10 270	15 405	20 540	25 675	30 810	35 945
Accumulated Depreciation Impairment Property Plant Equipment					254	471	654	811	943	1 178	1 378	2 199
Average Number Employees During Period						8	8	8	8	8	8	7
Creditors					413 824	368 300	341 486	307 895	252 259	427 976	67 924	176 801
Creditors Due Within One Year			204 482	161 526	613 320
Fixed Assets			102 690	102 690	104 132	98 780	93 462	88 170	83 718	78 348	73 013	71 394
Increase From Amortisation Charge For Year Intangible Assets						5 135	5 135	5 135	5 135	5 135	5 135	5 135
Increase From Depreciation Charge For Year Property Plant Equipment						217	183	157	132	235	200	821
Intangible Assets					102 690	97 555	92 420	87 285	82 150	77 015	71 880	66 745
Intangible Assets Gross Cost					102 690	102 690	102 690	102 690	102 690	102 690	102 690
Intangible Fixed Assets Cost Or Valuation			102 690	102 690
Net Current Assets Liabilities		100	260 973	377 640	-64 004	350 068	362 681	364 773	360 255	635 128	367 932	324 777
Number Shares Allotted		4		100	100
Other Creditors					413 824	368 300	341 486	307 895	252 259	170 976	67 924	2 500
Other Taxation Social Security Payable					13 698	42 089	18 153	22 753	33 307	61 173	23 081	16 355
Par Value Share		1		1	1
Property Plant Equipment Gross Cost					1 696	1 696	1 696	1 696	2 511	2 511	2 511	6 848
Share Capital Allotted Called Up Paid	4	4	100	100	100
Tangible Fixed Assets Additions					1 696
Tangible Fixed Assets Cost Or Valuation					1 696
Tangible Fixed Assets Depreciation					254
Tangible Fixed Assets Depreciation Charged In Period					254
Total Additions Including From Business Combinations Property Plant Equipment									815			4 337
Total Assets Less Current Liabilities		100	363 663	480 330	40 128	448 848	456 143	452 943	443 973	713 343	440 945	396 171
Trade Creditors Trade Payables					176 167	87 796	197 260	256 339	178 583	212 888	235 949	157 946
Trade Debtors Trade Receivables					4 677		24 069	23 826	25 343	17 760	19 297	4 778
Bank Borrowings Overdrafts										257 000
Capital Employed			3 231	10 965
Creditors Due After One Year			360 432	469 365
Intangible Fixed Assets Additions			102 690