Wilkinson Dynamic Balancing Limited in Halesowen, B62 8BH

Description

Data updated on: 01-11-2023

02830580 is a registration number of Wilkinson Dynamic Balancing Limited. It was registered as a Private Limited Company on June 25, 1993. It has been active on the market for the last thirty one years. The firm could be found at Unit E1 Coombswood Way East Coombswood Business Park in Halesowen. The company's postal code assigned to this location is B62 8BH. The company's classified under the NACE and SIC code 25620 - Machining. Wilkinson Dynamic Balancing Ltd filed its account information for the period up to Sun, 31st Jul 2022. The firm's most recent confirmation statement was released on Tue, 17th Oct 2023.

Due to this company's growth, it was necessary to find more executives: Mehmet T., Susan T. and Muzaffer T. who have been participating in joint efforts for three years to fulfil their statutory duties for the following company. To help the directors in their tasks, this particular company has been utilizing the expertise of Susan T. as a secretary since the appointment on May 11, 1995.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-07-31	2020-07-31
Currency

Balance Sheet
Cash Bank On Hand	585 772	536 000
Current Assets	1 246 509	944 088
Debtors	634 467	388 887
Net Assets Liabilities	735 034	728 296
Other Debtors	124 542	69 704
Property Plant Equipment	373 317	350 005
Total Inventories	26 270	19 201

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets		15 000
Accumulated Depreciation Impairment Property Plant Equipment	1 074 977	1 180 745
Additions Other Than Through Business Combinations Property Plant Equipment		92 956
Administrative Expenses	1 319 892	1 180 084
Amounts Owed To Other Related Parties Other Than Directors	542 638	225 482
Average Number Employees During Period	24	24
Bank Borrowings Overdrafts		50 000
Comprehensive Income Expense	88 655	5 262
Cost Sales	1 213 008	844 931
Creditors	921 380	596 458
Depreciation Expense Property Plant Equipment	103 928	110 782
Disposals Decrease In Depreciation Impairment Property Plant Equipment		5 014
Disposals Property Plant Equipment		10 500
Dividends Paid	15 000	12 000
Fixed Assets	409 905	380 666
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax	165	-5 927
Future Minimum Lease Payments Under Non-cancellable Operating Leases	12 713	3 971
Gross Profit Loss	1 343 167	1 042 460
Income Expense Recognised Directly In Equity	-15 000	-12 000
Income From Other Fixed Asset Investments	-445
Increase From Depreciation Charge For Year Property Plant Equipment		110 782
Intangible Assets Gross Cost		15 000
Investments	36 588	-5 927
Investments Fixed Assets	36 588	30 661
Net Current Assets Liabilities	325 129	347 630
Operating Profit Loss	31 275	7 972
Other Creditors	174 316	145 070
Other Interest Receivable Similar Income Finance Income	3 028	3 217
Other Investments Other Than Loans	36 588	30 661
Other Operating Income Format1	8 000	145 596
Other Taxation Social Security Payable	116 393	53 360
Profit Loss	88 490	11 189
Profit Loss On Ordinary Activities Before Tax	33 858	11 189
Property Plant Equipment Gross Cost	1 448 294	1 530 750
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-54 632
Total Assets Less Current Liabilities	735 034	728 296
Trade Creditors Trade Payables	88 033	122 546
Trade Debtors Trade Receivables	509 925	319 183
Turnover Revenue	2 556 175	1 887 391