Westshield Limited in Greater Manchester, BL1 4AP

Description

Data updated on: 01-11-2023

This company operates as Westshield Limited. The company was founded fourty seven years ago and was registered under 01317158 as its registration number. This headquarters of the firm is located in Greater Manchester. You may visit them at 52 Chorley New Road, Bolton. This business's declared SIC number is 42990 - Construction of other civil engineering projects n.e.c.. 2022-06-30 is the last time the company accounts were reported.

Westshield Ltd is a medium-sized vehicle operator with the licence number OC0247880. The firm has two transport operating centres in the country. In their subsidiary in Oldham on Off Huddersfield Road, 7 machines are available. The centre in Stockport on Bredbury Park Way has 7 machines.

Patrick W. is this particular enterprise's individual director, who was assigned to lead the company in 2000 in January. Austin W. had been responsible for a variety of tasks within the company till the resignation in September 2016. In addition a different director, namely Austin W. gave up the position in June 2019.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency

Balance Sheet
Cash Bank On Hand	371 197	642 974	614 621	2 967	5 678	681 560	1 086 571
Current Assets	3 731 121	5 387 603	8 444 351	5 885 969	5 235 119	6 730 247	4 231 295
Debtors	3 359 924	4 744 629	7 829 730	5 883 002	5 116 371	6 048 687	3 144 724
Net Assets Liabilities	1 017 569	1 263 581	1 516 369	826 122	568 107	2 546 005	1 142 281
Other Debtors	304 173	341 513	77 519	77 587	76 798	540 674	117 382
Property Plant Equipment	837 088	731 020	942 860	704 900	896 255	596 864	460 125
Total Inventories					113 070

Other Financial Data
Audit Fees Expenses		10 250	11 500	11 750	13 150	13 750	10 500
Accrued Liabilities Deferred Income					51 175	20 450	30 950
Accumulated Depreciation Impairment Property Plant Equipment	982 154	864 463	939 040	1 162 924	1 170 182	1 261 771	1 380 971
Additions Other Than Through Business Combinations Property Plant Equipment						68 063	846
Administrative Expenses		1 685 610	2 792 434	2 633 105	2 083 492	2 119 645	1 997 756
Average Number Employees During Period	39	46	57	65	63	54	37
Bank Borrowings		56 971	17 701	600 000	120 000	410 500	290 500
Bank Borrowings Overdrafts	95 370	56 971	17 701	852 184	470 000	290 500	170 500
Banking Arrangements Classified As Cash Cash Equivalents							-876
Bank Overdrafts				252 184			876
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment					665 514	353 045
Cash Cash Equivalents Cash Flow Value			614 621	-249 217	5 678	681 560	1 085 695
Comprehensive Income Expense		246 012	252 788	-690 247	-258 015	1 977 898	-1 403 724
Corporation Tax Payable						2 903
Cost Sales		14 763 267	25 573 578	18 730 139	19 405 168	18 921 418	15 795 984
Creditors	334 996	249 844	323 948	323 948	647 068	395 934	170 500
Current Tax For Period					-310 116	2 903
Deferred Tax Asset Debtors						718 093
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period							718 093
Depreciation Expense Property Plant Equipment		219 713	265 072	230 840	10 434	34 702	133 218
Depreciation Impairment Expense Property Plant Equipment					238 013	176 912	133 218
Finance Lease Liabilities Present Value Total	334 996	249 844	323 948	323 948	177 068	105 434	105 924
Finance Lease Payments Owing Minimum Gross					435 200	203 107	105 924
Fixed Assets					896 257	975 449	954 006
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities					10 000	179 500	120 000
Further Item Deferred Expense Credit Component Total Deferred Tax Expense						-718 093	718 093
Further Item Tax Increase Decrease Component Adjusting Items						-35 517
Future Minimum Lease Payments Under Non-cancellable Operating Leases					180 000	120 000	120 000
Gain Loss From Sales Investment Properties Recognised In Profit Or Loss					60 000	186 930
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables		1 641 181	2 925 982	-2 106 095	14 039	-5 113	897 461
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables		-1 163 927	-3 085 101	2 165 074	723 009	214 224	-2 185 870
Gain Loss In Cash Flows From Change In Inventories					113 070	78 585	115 296
Gain Loss On Disposals Property Plant Equipment		-35 666	40 596	-5 421	-10 641	-7 370	3 134
Government Grant Income					221 298	21 503	12 427
Gross Profit Loss		1 953 150	3 057 452	1 714 571	1 255 728	2 857 949	1 302 031
Income Taxes Paid Refund Classified As Operating Activities					310 116	330 017	-2 903
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model						186 930
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		271 777	-28 353	-863 838	254 895	-675 882	-404 135
Increase Decrease In Current Tax From Adjustment For Prior Periods					-310 116	-61 641
Increase From Depreciation Charge For Year Property Plant Equipment		219 713	265 072	230 840	238 011	176 912	133 218
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings						8 160	15 645
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts		33 935	22 618	16 522	21 665	21 517	13 555
Interest Paid Classified As Operating Activities					-21 665	-29 677	-29 200
Interest Payable Similar Charges Finance Costs		33 935	22 618	16 522	21 665	29 677	29 200
Investment Property						378 585	493 881
Investment Property Fair Value Model						378 585	493 881
Key Management Personnel Compensation Total					206 068	205 113
Net Cash Generated From Operations		-1 000 146	-331 640	622 648	-44 891	-672 024	-646 766
Net Current Assets Liabilities	815 477	782 405	897 457	445 170	318 920	1 966 490	358 775
Operating Profit Loss		279 947	275 406	-673 725	-606 466	962 368	-656 431
Other Creditors	380 340	133 146	30 923	143 697	161 820	152 958	315 872
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						85 322	14 018
Other Disposals Property Plant Equipment						275 866	18 385
Other Operating Income Format1		12 407	10 388	244 809	221 298	224 064	39 294
Other Taxation Social Security Payable	114 520	88 456	154 558	415 536	130 240	45 103	87 197
Payments Finance Lease Liabilities Classified As Financing Activities		-600 838	143 606	-228 495	301 560	-297 266	-97 183
Pension Other Post-employment Benefit Costs Other Pension Costs		28 065	45 165	44 156	39 512	33 325	25 285
Prepayments Accrued Income					217 395	4 789 920	3 027 342
Proceeds From Sales Property Plant Equipment		-130	-275 001	-1 699	-17 931	-183 174	-7 501
Profit Loss		246 012	252 788	-690 247	-318 015	1 977 898	-1 403 724
Profit Loss On Ordinary Activities Before Tax		246 012	252 788	-690 247	-628 131	932 691	-685 631
Property Plant Equipment Gross Cost	1 819 242	1 595 483	1 881 900	1 867 824	2 066 437	1 858 635	1 841 096
Purchase Property Plant Equipment		-149 441	-711 317		-397 938	-2 890	-846
Raw Materials Consumables					113 070
Rental Income From Investment Property						-15 280
Social Security Costs		145 236	197 472	197 885	209 207	192 089	140 668
Staff Costs Employee Benefits Expense		1 619 562	2 129 217	2 124 321	2 270 880	2 028 171	1 678 467
Tax Decrease From Utilisation Tax Losses		46 742	48 030	-131 147	-119 345	870 218
Tax Expense Credit Applicable Tax Rate		46 742	48 030	-131 147	-119 345	177 211	-140 554
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit					-310 116	-296 252
Tax Increase Decrease From Effect Capital Allowances Depreciation						867	9 901
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					-310 116	40 343	11 209
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward					107 945		119 444
Tax Tax Credit On Profit Or Loss On Ordinary Activities					-310 116	-1 045 207	718 093
Total Assets Less Current Liabilities	1 652 565	1 513 425	1 840 317	1 150 070	1 215 175	2 941 939	1 312 781
Total Borrowings			17 701	852 184	120 000	410 500	291 376
Total Current Tax Expense Credit					-310 116	-327 114
Total Deferred Tax Expense Credit						-718 093	718 093
Trade Creditors Trade Payables	2 132 891	4 100 149	6 959 212	3 725 894	4 146 605	4 324 670	3 211 701
Trade Debtors Trade Receivables	3 055 751	4 403 116			4 494 074	4 499 036
Transfers To From Inventories Investment Property Fair Value Model						-191 655	-115 296
Turnover Revenue		16 716 417	28 631 030	20 444 710	20 660 896	21 779 367	17 098 015
Wages Salaries		1 446 261	1 886 580	1 882 280	2 022 161	1 802 757	1 512 514
Company Contributions To Defined Benefit Plans Directors							1 321
Director Remuneration		98 124	98 124	98 124	98 274	98 124	192 444
Director Remuneration Benefits Including Payments To Third Parties						98 124	193 765
Fees For Non-audit Services		42 919	42 298	75 667	37 777
Accrued Liabilities		56 287	44 018	190 274	51 175
Amounts Recoverable On Contracts		3 901 622	7 113 278	5 083 969	4 494 075
Applicable Tax Rate		19	19	19	19
Cash Receipts From Government Grants		-12 407	-9 121	-244 309	-221 298
Depreciation Amortisation Expense		219 686	265 070	230 986	238 036
Disposals Decrease In Depreciation Impairment Property Plant Equipment		337 404	190 495	6 956	230 753
Disposals Property Plant Equipment		373 200	424 900	14 076	259 325
Gain Loss On Disposal Assets Income Statement Subtotal		-35 666	40 596	-5 421	-10 641
Net Cash Flows From Used In Financing Activities		545 123	-98 941	226 367	-301 560
Net Cash Flows From Used In Investing Activities		149 311	436 316	-1 699	380 007
Net Cash Flows From Used In Operating Activities		-966 211	-309 022	639 170	-333 342
Number Shares Issued Fully Paid			249	249	249
Par Value Share			2	2	2
Prepayments		176 593	200 454	258 875	217 395
Provisions For Liabilities Balance Sheet Subtotal	300 000
Recoverable Value-added Tax		159 920	266 969	221 493	328 103
Total Additions Including From Business Combinations Property Plant Equipment		149 441	711 317		397 938
Total Operating Lease Payments		1 669 896	2 721 054	1 387 995	1 323 889
Amounts Owed By Group Undertakings				1
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax					60 000
Increase Decrease In Property Plant Equipment					294 312
Increase Decrease In Stocks Inventories Finished Goods Work In Progress					113 070
Other Comprehensive Income Expense Net Tax					60 000
Total Increase Decrease From Revaluations Property Plant Equipment					60 000