Wiltech Engineering Limited in Kemsing, TN15 6NL

Description

Data updated on: 01-11-2023

Wiltech Engineering came into being in 2003 as a company enlisted under no 04630461, located at TN15 6NL Kemsing at 2 Lakeview Stables. This firm has been in business for twenty one years and its state is active. This firm has operated under three different names. The company's initial registered name, Opalcrest Systems, was changed on 2003-03-24 to Wiltech Management. The current name is in use since 2003, is Wiltech Engineering Limited. This firm's registered with SIC code 25110: Manufacture of metal structures and parts of structures. The latest annual accounts describe the period up to 2022/09/30 and the latest annual confirmation statement was submitted on 2023/01/07.

As the data suggests, this limited company was established in 2003-01-07 and has so far been guided by three directors. To provide support to the directors, the abovementioned limited company has been utilizing the expertise of Andrew W. as a secretary since April 2003.

David W. is the individual who has control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Previous company's names
Wiltech Engineering Limited 2003-08-07
Wiltech Management Limited 2003-03-24
Opalcrest Systems Limited 2003-01-07

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30
Currency

Balance Sheet
Cash Bank On Hand		56 235	44 360			137 723
Current Assets	2 870 733	2 745 961	4 251 335	5 197 232	4 778 130	5 220 337
Debtors	2 165 317	2 070 791	4 388 040	5 156 574	4 738 960	5 051 255
Net Assets Liabilities	1 349 077	1 815 649	2 493 636	2 442 302	2 350 498	2 950 139
Property Plant Equipment	91 584	814 759	778 714	769 650	754 317	791 170
Total Inventories	705 416	618 935	68 935	40 658	39 170	31 359

Other Financial Data
Other Non-audit Services Fees				4 000	10 000	10 813
Amount Specific Advance Or Credit Directors		24 145	473 343	3 107	3 107	3 107
Amount Specific Advance Or Credit Made In Period Directors			449 198	3 107	247 817
Amount Specific Advance Or Credit Repaid In Period Directors					483 370	496 284
Audit Fees Expenses				3 635	7 040
Director Remuneration				256 743	240 000	348 200
Dividend Recommended By Directors					337 370
Accrued Liabilities Deferred Income	6 000	17 900	18 500	18 500	18 001	137 371
Accumulated Amortisation Impairment Intangible Assets	303 747	303 747	303 747	303 747
Accumulated Depreciation Impairment Property Plant Equipment	124 827	136 652	182 189	116 150	131 483	162 934
Additional Provisions Increase From New Provisions Recognised					7 240	3 659
Administrative Expenses				1 714 121	1 845 144	1 973 919
Amounts Recoverable On Contracts					4 000 421	4 881 587
Applicable Tax Rate					19	25
Average Number Employees During Period	49	48	49	50	51	47
Balances Amounts Owed By Related Parties	141 788	23 466	223 343
Balances Amounts Owed To Related Parties		24 146
Bank Borrowings			183 696	265 950	312 666	831 580
Bank Borrowings Overdrafts	222 666	183 695	183 696	877 536	837 945	490 026
Bank Overdrafts				274 690	330 723
Cash Cash Equivalents Cash Flow Value				-274 690	-330 723
Comprehensive Income Expense				455 566	245 566	1 410 099
Corporation Tax Payable	184 143	221 483	387 868	239 108		404 641
Corporation Tax Recoverable					52 572
Cost Sales				12 858 862	10 832 074	10 409 288
Creditors	225 000	428 173	750 477	877 536	837 945	536 214
Current Tax For Period				118 756	-347 582	404 641
Depreciation Amortisation Expense				16 601	15 333	31 451
Depreciation Expense Property Plant Equipment				16 601	15 333	31 451
Dividends Paid				474 257	337 370	810 457
Dividends Paid Classified As Financing Activities				-474 257	-337 370	-810 457
Dividends Paid On Shares Interim				474 257	337 370	810 457
Finance Lease Liabilities Present Value Total						46 188
Fixed Assets	91 584	814 759	778 714	769 650	754 317
Further Item Cash Flow From Used In Operating Activities Component Total Net Cash Flows From Used In Operating Activities					175 458	52 572
Future Minimum Lease Payments Under Non-cancellable Operating Leases			188 060	233 395	222 512	195 911
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				618 092	-173 921	58 337
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-506 933	234 634	-861 152
Gross Profit Loss				2 309 625	1 797 973	3 810 714
Income Taxes Paid Refund Classified As Operating Activities				-267 516	-119 556
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				-319 050	-56 033	468 446
Increase Decrease In Stocks Inventories Finished Goods Work In Progress				-28 277	-1 488	-7 811
Increase From Depreciation Charge For Year Property Plant Equipment		11 825	12 894	16 601	15 333	31 451
Intangible Assets Gross Cost	303 747	303 747	303 747	303 747
Interest Expense On Bank Loans Similar Borrowings				18 562	47 605	48 450
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts						2 409
Interest Paid Classified As Operating Activities				-18 562	-47 605	-48 450
Interest Payable Similar Charges Finance Costs				18 993	47 605	50 859
Merchandise				40 658	39 170	31 359
Net Cash Flows From Used In Financing Activities				776 545	94 693	570 668
Net Cash Flows From Used In Investing Activities				12 440	-19 637	63 341
Net Cash Flows From Used In Operating Activities				-469 935	-38 660	-1 102 455
Net Cash Generated From Operations				-756 444	-30 363	-1 100 742
Net Current Assets Liabilities	1 483 564	1 429 472	2 432 999	2 552 620	2 443 798	2 708 514
Net Interest Received Paid Classified As Investing Activities					-19 637	-4 963
Number Shares Issued Fully Paid					1	1
Operating Profit Loss				595 504	-47 171	1 864 295
Other Creditors	47 959	370 070	58 966	407 374	73 951	70 527
Other Deferred Tax Expense Credit				2 189	7 240	3 659
Other Interest Receivable Similar Income Finance Income					19 637	4 963
Other Operating Income Format1						27 500
Other Remaining Borrowings	150 000		364 457	215 458
Other Taxation Social Security Payable	73 151	79 098	104 384	96 477	86 675	102 217
Par Value Share					1	1
Pension Other Post-employment Benefit Costs Other Pension Costs				50 838	50 638	50 288
Prepayments	33 981	19 208	21 478	31 235	33 725	33 893
Proceeds From Borrowings Classified As Financing Activities				-632 300	-217 859
Profit Loss				455 566	245 566	1 410 099
Profit Loss On Ordinary Activities Before Tax				576 511	-94 776	1 818 399
Property Plant Equipment Gross Cost	216 411	951 411	960 903	885 800	885 800	954 104
Provisions				2 432	9 672	13 331
Provisions For Liabilities Balance Sheet Subtotal	1 071	409	243	2 432	9 672	13 331
Purchase Property Plant Equipment				-12 440		-68 304
Recoverable Value-added Tax	114 591	69 792	139 152	163 417	152 850	132 668
Repayments Borrowings Classified As Financing Activities				-672 987	-210 734	-319 030
Social Security Costs				277 165	277 054	288 956
Staff Costs Employee Benefits Expense				2 826 955	2 712 257	2 833 660
Tax Expense Credit Applicable Tax Rate					-18 007	454 600
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					6 075	6 924
Tax Tax Credit On Profit Or Loss On Ordinary Activities				120 945	-340 342	408 300
Total Additions Including From Business Combinations Property Plant Equipment		735 000	9 492	12 440		68 304
Total Assets Less Current Liabilities	1 575 148	2 244 231	3 244 356	3 322 270	3 198 115	3 499 684
Total Borrowings			183 696	540 640	643 389	890 363
Total Operating Lease Payments					125 227	127 478
Trade Creditors Trade Payables	853 250	739 774	1 064 922	1 651 594	1 512 316	1 439 165
Trade Debtors Trade Receivables	1 874 957	1 981 111	3 376
Turnover Revenue				15 168 487	12 630 047	14 220 002
Wages Salaries				2 498 952	2 384 565	2 494 416
Disposals Decrease In Amortisation Impairment Intangible Assets					303 747
Disposals Decrease In Depreciation Impairment Property Plant Equipment				82 640
Disposals Intangible Assets					303 747
Disposals Property Plant Equipment				87 543
Dividend Per Share Interim					168 685
Further Item Interest Expense Component Total Interest Expense				431
Gain Loss On Disposal Assets Income Statement Subtotal				-4 903
Gain Loss On Disposals Property Plant Equipment				-4 903

Company staff

Mark J.

Role: Director

Appointed: 01 January 2023

Latest update: 25 March 2024

Justin K.

Role: Director

Appointed: 01 December 2005

Latest update: 25 March 2024

Andrew W.

Role: Secretary

Appointed: 01 April 2003

Latest update: 25 March 2024

David W.

Role: Director

Appointed: 03 March 2003

Latest update: 25 March 2024

Deborah W.

Role: Secretary

Appointed: 03 March 2003

Resigned: 01 April 2003

Latest update: 25 March 2024

Dorothy G.

Role: Nominee Secretary

Appointed: 07 January 2003

Resigned: 03 March 2003

Latest update: 25 March 2024

Lesley G.

Role: Nominee Director

Appointed: 07 January 2003

Resigned: 03 March 2003

Latest update: 25 March 2024

People with significant control

David W.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	30 June 2024
Account last made up date	30 September 2022
Confirmation statement next due date	21 January 2024
Confirmation statement last made up date	07 January 2023

Annual Accounts
Start Date For Period Covered By Report	01 October 2018
End Date For Period Covered By Report	30 September 2019
Annual Accounts
Start Date For Period Covered By Report	01 October 2019
End Date For Period Covered By Report	30 September 2020
Annual Accounts
Start Date For Period Covered By Report	01 October 2020
End Date For Period Covered By Report	30 September 2021
Annual Accounts
Start Date For Period Covered By Report	01 October 2021
End Date For Period Covered By Report	30 September 2022
Annual Accounts
Start Date For Period Covered By Report	01 October 2022
End Date For Period Covered By Report	30 September 2023

Wiltech Engineering Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Mark J.

Justin K.

Andrew W.

David W.

Deborah W.

Dorothy G.

Lesley G.

People with significant control

David W.

Accounts Documents

Company filings

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