Wiremek Limited in Ipswich, IP2 0UG

Description

Data updated on: 01-11-2023

The Wiremek Limited firm has been in this business for at least 31 years, as it's been founded in 1993. Started with Registered No. 02779709, Wiremek is categorised as a Private Limited Company located in 9 Dunlop Road, Ipswich IP2 0UG. The enterprise's SIC code is 27120 - Manufacture of electricity distribution and control apparatus. The most recent financial reports describe the period up to 2022-06-30 and the latest annual confirmation statement was released on 2023-01-14.

With three recruitment announcements since 2015-08-12, Wiremek has been active on the employment market. On 2017-08-14, it started looking for new employees for a full time Project Electrical Engineer post in Ipswich, and on 2015-08-12, for the vacant post of a full time Electrical Projects Manager in Ipswich. As of yet, they have hired candidates for the Bms/Electrical Sales Estimator positions.

The data at our disposal that details this specific enterprise's executives indicates a leadership of two directors: Michael G. and Ian G. who joined the team on 2012-12-17 and 1993-03-01. In order to provide support to the directors, this business has been utilizing the skills of Ian G. as a secretary since November 1999.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency
Net Worth	238 724	253 640	506 668	300 939

Balance Sheet
Cash Bank In Hand	123 261	123 491	233 715	178 586
Cash Bank On Hand				178 586	194 463	247 063	216 464	232 296	343 184	313 168	211 064
Current Assets	387 418	377 650	825 553	426 365	493 078	598 490	557 383	467 172	477 748	662 658	1 047 062
Debtors	169 604	175 354	493 741	171 641	229 609	297 916	246 469	167 054	59 638	266 663	705 377
Net Assets Liabilities				300 939	392 094	475 935	410 684	310 917	211 118	346 285	494 805
Net Assets Liabilities Including Pension Asset Liability	238 724	253 640	506 668	300 939
Other Debtors				10 859	46 267	17 973	16 207	22 557	16 867	40 230	18 843
Property Plant Equipment				33 972	30 590	31 950	27 688	23 218	13 352	10 006
Stocks Inventory	94 553	78 805	98 097	76 138
Tangible Fixed Assets	32 541	23 621	40 370	33 972
Total Inventories				76 138	69 006	53 511	94 450	67 822	74 926	82 827	130 621

Capital & Reserves
Called Up Share Capital	80	80	80	20
Profit Loss Account Reserve	238 624	253 540	506 568	300 839
Shareholder Funds	238 724	253 640	506 668	300 939

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment				78 413	75 237	76 737	87 724	98 348	97 264	97 718	21 364
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss							-531	-621	-749	-594	-551
Amounts Owed By Group Undertakings						90 000	30 000
Amounts Owed To Group Undertakings								3 326	50 000	69 700	250 000
Average Number Employees During Period				15	16	16	17	17	16	17	16
Bank Borrowings									100 000	83 333	63 333
Bank Borrowings Overdrafts									83 333	63 333	20 000
Capital Redemption Reserve	20	20	20	80
Creditors				156 511	127 626	150 109	170 522	176 229	83 333	63 333	43 333
Creditors Due Within One Year	176 996	144 823	354 452	156 511
Deferred Tax Liabilities						4 396	3 865	3 244	2 495	1 901	1 350
Disposals Decrease In Depreciation Impairment Property Plant Equipment					18 829	10 332			9 001	3 137	22 248
Disposals Property Plant Equipment					24 378	10 332			10 950	3 620	24 992
Future Minimum Lease Payments Under Non-cancellable Operating Leases				31 650	13 500	7 990	21 698	27 840	9 541	30 584	13 636
Increase From Depreciation Charge For Year Property Plant Equipment					15 653	11 832	10 987	10 624	7 917	3 591	1 008
Net Current Assets Liabilities	210 422	232 827	471 101	269 854	365 452	448 381	386 861	290 943	283 594	401 513	534 087
Number Shares Allotted		80	80	20
Number Shares Issued Fully Paid						20	20	20	20	20	20
Other Creditors				37 348	11 068	14 222	7 634	12 390	12 057	13 754	12 477
Other Taxation Social Security Payable				27 778	53 819	74 372	109 925	87 170	29 927	75 823	124 330
Par Value Share		1	1	1		1	1	1	1	1	1
Property Plant Equipment Gross Cost				112 385	105 827	108 687	115 412	121 566	110 616	107 724	28 121
Provisions						4 396	3 865	3 244	2 495	1 901	1 350
Provisions For Liabilities Balance Sheet Subtotal				2 887	3 948	4 396	3 865	3 244	2 495	1 901	1 350
Provisions For Liabilities Charges	4 239	2 808	4 803	2 887
Share Capital Allotted Called Up Paid	80	80	80	20
Tangible Fixed Assets Additions		1 252	35 951	11 788
Tangible Fixed Assets Cost Or Valuation	68 394	69 646	103 597	112 385
Tangible Fixed Assets Depreciation	35 853	46 025	63 227	78 413
Tangible Fixed Assets Depreciation Charged In Period		10 172	18 935	16 815
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			1 733	1 629
Tangible Fixed Assets Disposals			2 000	3 000
Total Additions Including From Business Combinations Property Plant Equipment					17 820	13 192	6 725	6 154		728
Total Assets Less Current Liabilities	242 963	256 448	511 471	303 826	396 042	480 331	414 549	314 161	296 946	411 519	539 488
Trade Creditors Trade Payables				91 385	62 739	61 515	52 963	73 343	85 503	81 868	106 168
Trade Debtors Trade Receivables				160 782	183 342	189 943	200 262	144 497	42 771	226 433	686 534