Westfield Transport (cornwall) Limited in Truro, TR4 8JY

Description

Data updated on: 01-11-2023

Situated at Kerley Paddock, Truro TR4 8JY Westfield Transport (cornwall) Limited is categorised as a Private Limited Company with 01903596 Companies House Reg No. The company appeared on April 10, 1985. This enterprise's SIC and NACE codes are 49410 meaning Freight transport by road. Westfield Transport (cornwall) Ltd filed its latest accounts for the financial year up to April 30, 2022. The firm's most recent annual confirmation statement was filed on December 31, 2022.

Westfield Transport (cornwall) Ltd is a large-sized transport company with the licence number OH0150737. The firm has two transport operating centres in the country. In their subsidiary in Truro on Chacewater, 45 machines and 35 trailers are available. The centre in Truro has 20 machines and 50 trailers.

On 26th November 2014, the corporation was searching for a Hgv Drivers to fill a full time post in Truro, South West. They offered a full time job with salary from £14820 to £15405 per year. Westfield Transport (cornwall) needed workers with more than two years of job experience.

Taking into consideration the following firm's constant expansion, it became vital to formally appoint new company leaders, including: Colby W., Kerry L., James W. who have been participating in joint efforts for 6 years for the benefit of the firm. What is more, the director's assignments are regularly assisted with by a secretary - Kerry L., who was chosen by the following firm in January 2002.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-04-30	2013-04-30	2014-04-30	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2021-04-30	2022-04-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	1 590 373	1 655 688	1 711 736	1 892 703

Balance Sheet
Cash Bank On Hand						234 663	120 334	134 457	95 250	504 727	466 438
Current Assets	1 469 648	1 418 364	1 432 294	1 574 205		1 890 260	1 617 089	1 968 729	1 726 595	2 769 402	2 857 794
Debtors	1 167 560	1 270 531	1 354 032	1 498 810	1 376 771	1 586 654	1 469 031	1 805 076	1 595 863	2 225 147	2 326 268
Net Assets Liabilities						2 104 282	2 202 014	2 362 233	2 213 608	2 862 736	2 994 354
Other Debtors					315 924	320 248	17 746	111 546	108 419	277 588	11 228
Property Plant Equipment					2 040 786	2 173 787	2 835 789	3 104 525	3 328 970	3 499 407	4 200 198
Total Inventories						68 943	27 724	29 195	35 482	39 528	65 088
Cash Bank In Hand	240 496	42 246	50 719	48 323
Net Assets Liabilities Including Pension Asset Liability	1 590 373	1 655 688	1 711 736	1 892 703
Stocks Inventory	61 592	105 587	27 543	27 072
Tangible Fixed Assets	1 599 691	1 982 297	1 683 318	1 785 330

Capital & Reserves
Called Up Share Capital	7 501	7 501	7 501	7 501
Profit Loss Account Reserve	1 582 872	1 648 187	1 704 235	1 885 202
Shareholder Funds	1 590 373	1 655 688	1 711 736	1 892 703

Other Financial Data
Audit Fees Expenses											8 000
Accrued Liabilities					59 612	54 396	63 139	57 730	56 896	37 575
Accumulated Amortisation Impairment Intangible Assets									27 555	57 555	87 555
Accumulated Depreciation Impairment Property Plant Equipment					3 492 200	3 676 215	4 040 160	3 914 188	3 903 041	4 320 032	5 109 375
Additional Provisions Increase From New Provisions Recognised											116 749
Additions Other Than Through Business Combinations Intangible Assets									27 555	30 000	30 000
Additions Other Than Through Business Combinations Property Plant Equipment						815 210	1 292 232	1 110 551	1 148 023	974 128	1 590 959
Administration Support Average Number Employees										30	30
Administrative Expenses										1 884 523	2 372 779
Amortisation Expense Intangible Assets										30 000	30 000
Amount Specific Bank Loan										2 144 940	2 299 565
Applicable Tax Rate										19	19
Average Number Employees During Period					70	73	77	74	92	98	110
Balances Amounts Owed By Related Parties										681	1 096
Balances Amounts Owed To Related Parties										114	1 859
Balances With Banks										502 204	463 972
Capital Commitments										270 000	240 000
Cash Cash Equivalents										504 727	466 438
Cash Cash Equivalents Cash Flow Value									95 250	504 727
Cash On Hand										2 523	2 466
Comprehensive Income Expense										649 128	131 618
Cost Sales										6 676 019	8 218 456
Creditors					937 217	925 656	1 107 465	1 217 724	1 212 570	1 360 073	1 461 403
Current Tax For Period											-14 939
Decrease In Loans Owed By Related Parties Due To Loans Repaid											-275 249
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws										186 563	116 749
Deferred Tax Liabilities										309 521	426 270
Depreciation Amortisation Expense										782 872	899 395
Depreciation Expense Property Plant Equipment										752 872	869 395
Disposals Decrease In Depreciation Impairment Property Plant Equipment						-443 652	-225 669	-834 830	-829 058	-335 881	-80 052
Disposals Property Plant Equipment						-498 194	-266 285	-967 786	-934 725	-386 700	-100 825
Distribution Average Number Employees										68	80
Finance Lease Liabilities Present Value Total					745 131	925 656	1 107 465	1 217 724	1 212 570	1 360 073	1 461 403
Financial Assets										2 679 951	2 719 208
Financial Commitments Other Than Capital Commitments									300 000	270 000
Financial Liabilities										2 708 986	3 146 217
Finished Goods Goods For Resale											3 150
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables										-209 912	-386 191
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables										629 284	101 121
Gain Loss In Cash Flows From Change In Inventories										4 046	25 560
Gain Loss On Disposals Property Plant Equipment										4 931	34 327
Gross Profit Loss										2 691 837	2 637 643
Income From Related Parties										567	2 091
Income Taxes Paid Refund Classified As Operating Activities											-14 939
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation										409 477	-38 289
Increase Decrease In Current Tax From Adjustment For Prior Periods											-14 939
Increase From Amortisation Charge For Year Intangible Assets									27 555	30 000	30 000
Increase From Depreciation Charge For Year Property Plant Equipment						627 667	589 614	708 858	817 911	752 872	869 395
Increase In Loans Owed By Related Parties Due To Loans Advanced										212 200	8 851
Intangible Assets Gross Cost									27 555	57 555	87 555
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings										101
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts										53 567	55 904
Interest Paid Classified As Financing Activities										-53 668	-55 904
Interest Paid Classified As Operating Activities										53 668	55 904
Interest Payable Similar Charges Finance Costs										55 159	56 432
Interest Received Classified As Investing Activities											117
Interest Received Classified As Operating Activities											117
Loans Owed By Related Parties									55 312	267 512	1 114
Loans Owed To Related Parties									125 000	125 000	125 000
Loss On Financing Activities Due To Foreign Exchange Differences										1 491	528
Net Cash Flows From Used In Financing Activities										113 973	98 721
Net Cash Flows From Used In Investing Activities										-948 378	-1 565 742
Net Cash Flows From Used In Operating Activities										1 243 882	1 428 732
Net Cash Generated From Operations										1 243 882	1 413 793
Net Cash Inflow Outflow From Operations Before Movements In Working Capital										1 667 300	1 154 283
Net Current Assets Liabilities	564 292	478 743	615 352	813 910		958 700	576 283	616 536	220 166	1 032 923	681 829
Number Shares Issued Fully Paid										7 501	7 501
Operating Profit Loss										890 850	289 743
Other Creditors					79 595	77 931	55 624	45 220	172 845	249 339	263 962
Other Finance Income											117
Other Interest Receivable Similar Income Finance Income											117
Other Inventories					50 265	68 943	27 724	29 195	35 482	39 528	61 938
Other Operating Income Format1										83 536	24 879
Other Payables Accrued Expenses										37 575	43 220
Other Remaining Operating Income										83 536	24 879
Par Value Share		1	1	1							1
Payments Finance Lease Liabilities Classified As Financing Activities										167 641	154 625
Payments To Related Parties										4 160	43 088
Pension Costs Defined Contribution Plan										79 283	95 891
Prepayments					50 599	52 050	61 899	78 818	44 044	43 020	66 721
Proceeds From Sales Property Plant Equipment										55 750	55 100
Profit Loss										649 128	131 618
Profit Loss On Ordinary Activities Before Tax										835 691	233 428
Property Plant Equipment Gross Cost					5 532 986	5 850 002	6 875 949	7 018 713	7 232 011	7 819 439	9 309 573
Provisions										309 521	426 270
Provisions For Liabilities Balance Sheet Subtotal						102 549	102 593	141 105	122 958	309 521	426 270
Purchase Intangible Assets										-30 000	-30 000
Purchase Property Plant Equipment										-974 128	-1 590 959
Rental Income From Investment Property										1 525	2 100
Revenue From Rendering Services										96 297	153 755
Revenue From Sale Goods										9 270 034	10 700 244
Social Security Costs										56 229	338 919
Staff Costs Employee Benefits Expense										710 272	3 801 858
Taxation Social Security Payable					133 813	93 005	143 685	210 484	270 252	263 227	323 369
Tax Decrease From Utilisation Tax Losses										-89 227
Tax Expense Credit Applicable Tax Rate										158 781	44 351
Tax Increase Decrease From Effect Capital Allowances Depreciation										-69 203	-208 605
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss										586	4 326
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward											166 450
Tax Increase Decrease From Other Tax Effects Tax Reconciliation										-937	-6 522
Tax Tax Credit On Profit Or Loss On Ordinary Activities										186 563	101 810
Total Assets Less Current Liabilities	2 190 267	2 487 324	2 324 954	2 625 524		3 132 487	3 412 072	3 721 062	3 549 136	4 532 330	4 882 027
Total Borrowings					745 131	925 656	1 107 465	1 217 724	1 212 570	1 360 073	1 461 403
Trade Creditors Trade Payables					333 679	299 946	313 981	416 761	241 707	401 471	686 432
Trade Debtors Trade Receivables					1 010 248	1 214 356	1 389 386	1 614 712	1 443 400	1 904 539	2 248 319
Turnover Revenue										9 367 856	10 856 099
Unpaid Contributions To Pension Schemes										14 539	20 820
Wages Salaries										574 760	3 367 048
Amount Specific Advance Or Credit Directors									27 943	-501	-601
Amount Specific Advance Or Credit Made In Period Directors										-97 859	-69 455
Amount Specific Advance Or Credit Repaid In Period Directors										69 415	69 355
Director Remuneration										106 797	122 015
Creditors Due After One Year	514 518	764 341	547 074	623 908
Creditors Due Within One Year	905 356	939 621	816 942	760 295
Fixed Assets	1 625 975	2 008 581	1 709 602	1 811 614
Investments Fixed Assets	26 284	26 284	26 284	26 284
Number Shares Allotted		7 501	7 501	7 501
Provisions For Liabilities Charges	85 376	67 295	66 144	108 913
Share Capital Allotted Called Up Paid	7 501	7 501	7 501	7 501
Tangible Fixed Assets Additions		816 041	219 841	620 787
Tangible Fixed Assets Cost Or Valuation	4 766 278	5 172 384	4 845 282	5 005 903
Tangible Fixed Assets Depreciation	3 166 587	3 190 087	3 161 964	3 220 573
Tangible Fixed Assets Depreciation Charged In Period		403 358	455 113	498 889
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		379 858	483 236	440 280
Tangible Fixed Assets Disposals		409 935	546 943	460 166