Wise Trading Limited in South Ruislip, HA4 0HN

Description

Data updated on: 01-11-2023

Registered at Long Drive, South Ruislip HA4 0HN Wise Trading Limited is a Private Limited Company issued a 02328215 registration number. The firm was launched on 1988/12/13. The firm's declared SIC number is 46342 meaning Wholesale of wine, beer, spirits and other alcoholic beverages. Fri, 31st Dec 2021 is the last time when the company accounts were filed.

From the data we have gathered, this particular firm was founded in December 1988 and has so far been guided by five directors.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31
Currency

Balance Sheet
Cash Bank On Hand	887 947	2 863	49 479	630 647
Current Assets	15 600 541	16 181 230	14 046 649	16 737 646
Debtors	9 695 594	11 411 283	9 498 078	9 971 851
Net Assets Liabilities	8 814 180	9 272 994	9 628 369	9 716 975
Other Debtors	8 483 930	641	353 769	458 929
Property Plant Equipment	5 697 957	5 595 267	5 482 012	5 351 917
Total Inventories	5 017 000	4 767 084	4 499 092	6 135 148

Other Financial Data
Audit Fees Expenses	21 500	20 000	21 250	30 000
Accrued Liabilities Deferred Income	21 340	23 877
Accumulated Depreciation Impairment Property Plant Equipment	1 095 052	1 190 264	1 303 519	1 435 596
Additions Other Than Through Business Combinations Property Plant Equipment		12 010
Administrative Expenses	1 151 137	1 190 307	1 115 415	1 205 001
Average Number Employees During Period	20	18	21	19
Bank Borrowings	4 200 000	340 000	340 980	340 980
Bank Borrowings Overdrafts	3 920 000	4 371 355	4 227 030	3 923 687
Banking Arrangements Classified As Cash Cash Equivalents	-231 580	-698 472
Bank Overdrafts	231 580	698 472	273 630
Cash Cash Equivalents Cash Flow Value	656 367	-695 609	-224 151
Corporation Tax Payable	274 278	156 820	309 456	363 635
Cost Sales	22 397 094	27 571 680	23 599 369	18 313 259
Creditors	3 920 000	4 371 355	4 227 030	3 923 687
Current Tax For Period	136 785	154 465	109 349	54 179
Depreciation Expense Property Plant Equipment	135 847	114 700	113 255	132 077
Depreciation Impairment Expense Property Plant Equipment	135 847
Dividends Paid		100 000
Dividends Paid Classified As Financing Activities		-100 000
Dividends Paid On Shares Interim		100 000
Finished Goods Goods For Resale	5 017 000	4 767 084
Fixed Assets	5 714 207	5 611 517	5 498 262	5 352 017
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	-2 360 252	-511 355
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-1 449 029	-714 165	-2 315 099	3 150 534
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	3 662 099	-1 843 126	2 040 644	-473 773
Gain Loss In Cash Flows From Change In Inventories	99 000	-249 916
Gross Profit Loss	1 603 592	1 968 003	1 400 271	1 176 510
Income Taxes Paid Refund Classified As Operating Activities	-116 039	-271 923	43 287	-171 595
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-633 721	-1 351 976	471 458	854 798
Increase From Depreciation Charge For Year Property Plant Equipment		114 699	113 255	132 077
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	86 448	123 329
Interest Income On Bank Deposits	405	38
Interest Payable Similar Charges Finance Costs	86 448	123 329	111 771	103 818
Interest Received Classified As Investing Activities	-405	-38
Investments	16 250	16 250
Investments Fixed Assets	16 250	16 250	16 250	100
Net Cash Flows From Used In Financing Activities	-2 360 252	-411 355	143 345	303 343
Net Cash Flows From Used In Investing Activities	19 962	11 973		-14 168
Net Cash Flows From Used In Operating Activities	1 706 569	1 751 358	-614 803	-1 143 973
Net Current Assets Liabilities	7 556 000	8 568 859	8 893 164	8 824 672
Net Finance Income Costs	405	38
Net Interest Paid Received Classified As Operating Activities	-86 448	-123 329
Operating Profit Loss	672 141	836 570	576 495	260 891
Other Creditors	1 847 383	645 521	610 882	611 224
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		19 488
Other Disposals Property Plant Equipment		19 488
Other Interest Receivable Similar Income Finance Income	405	38
Other Operating Income Format1	219 686	87 798	297 909	294 707
Other Taxation Social Security Payable	158 530	19 924	14 859	18 590
Pension Other Post-employment Benefit Costs Other Pension Costs	4 960	7 415	6 137	39 652
Prepayments Accrued Income	45 833	37 908
Profit Loss	449 313	558 814	355 375	88 606
Profit Loss On Ordinary Activities Before Tax	586 098	713 279	464 724	142 785
Property Plant Equipment Gross Cost	6 793 009	6 785 531	6 785 531	6 787 513
Purchase Property Plant Equipment	-20 367	-12 011		-1 982
Social Security Costs	46 903	55 820	60 010	25 333
Staff Costs Employee Benefits Expense	569 564	662 197	686 241	667 403
Taxation Including Deferred Taxation Balance Sheet Subtotal	536 027	536 027
Tax Expense Credit Applicable Tax Rate	111 359	135 523
Tax Increase Decrease From Effect Capital Allowances Depreciation	21 246	18 942
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	4 180
Tax Tax Credit On Profit Or Loss On Ordinary Activities	136 785	154 465	109 349	54 179
Total Assets Less Current Liabilities	13 270 207	14 180 376	14 391 426	14 176 689
Total Borrowings	4 431 580	1 038 472	614 610	340 980
Trade Creditors Trade Payables	5 231 430	3 939 106	3 291 984	4 918 779
Trade Debtors Trade Receivables	1 165 831	1 407 743	81 406	204 161
Turnover Revenue	24 000 686	29 539 683	24 999 640	19 489 769
Wages Salaries	517 701	598 962	620 094	602 418
Amount Specific Advance Or Credit Directors				40 606
Director Remuneration		210 000	201 563	187 500
Accrued Liabilities		23 877	70 644	46 535
Amounts Owed By Associates		9 964 991	9 042 451	8 826 779
Cash Receipts From Government Grants			-245 777	-279 271
Comprehensive Income Expense		558 814	355 375	88 606
Deferred Tax Liabilities		536 027	536 027	536 027
Depreciation Amortisation Expense		114 699	113 255	132 078
Distribution Costs		28 924	6 270	5 325
Dividends Paid On Shares Final		100 000
Further Item Cash Flow From Used In Operating Activities Component Total Net Cash Flows From Used In Operating Activities			245 777	279 271
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total				-16 150
Gain Loss On Disposals Other Non-current Assets				-14 288
Increase Decrease In Stocks Inventories Finished Goods Work In Progress		-249 916	-267 992	1 636 056
Interest Expense On Bank Loans Similar Borrowings		123 329	111 661	99 579
Interest Expense On Bank Overdrafts			110	4 239
Interest Paid Classified As Operating Activities		-123 329	-111 771	-103 818
Merchandise		4 767 084	4 499 092	6 135 148
Net Cash Generated From Operations		1 356 106	-437 510	-1 140 115
Net Interest Received Paid Classified As Investing Activities		-38
Number Shares Issued Fully Paid			347 240	347 240
Other Investments Other Than Loans		16 250	16 250	100
Par Value Share			1	1
Prepayments		37 908	20 452	33 346
Provisions		536 027	536 027	536 027
Provisions For Liabilities Balance Sheet Subtotal		536 027	536 027	536 027
Recoverable Value-added Tax				209 906
Repayments Borrowings Classified As Financing Activities		511 355	-143 345	-303 343
Total Additions Including From Business Combinations Property Plant Equipment				1 982

Company staff

Iqbal J.

Role: Secretary

Latest update: 6 April 2024