W.portsmouth & Co.,limited in Luton, LU2 7PW

Description

Data updated on: 01-11-2023

W.portsmouth & Co.,limited 's been on the local market for 66 years. Started with Companies House Reg No. 00610757 in 1958, the firm have office at 69 Havelock Road, Luton LU2 7PW. This business's declared SIC number is 43210 meaning Electrical installation. W.portsmouth & Co.,ltd released its account information for the financial year up to 2023-01-31. Its most recent confirmation statement was submitted on 2023-02-10.

We have a number of six directors leading the firm now, including Michael F., John H., Adam H. and 3 remaining, listed below who have been performing the directors responsibilities for five years.

Executives with significant control over the firm are: Jeffrey S. owns 1/2 or less of company shares. Helmar Hire Limited owns 1/2 or less of company shares and has 1/2 or less of voting rights. This company can be reached in Luton at Havelock Road, LU2 7PW, Bedfordshire and was registered as a PSC under the reg no 10092865.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-07-31	2018-07-31	2019-07-31	2020-01-31
Currency

Balance Sheet
Cash Bank On Hand	1 276 421	504 253	253 859	16 051
Current Assets	6 531 832	4 068 969	3 630 947	2 792 829
Debtors	5 150 264	3 466 569	3 278 941	2 643 409
Net Assets Liabilities	1 729 648	1 852 621	1 077 758	1 761 129
Other Debtors	98 792	82 533	75 360	86 812
Property Plant Equipment	278 267	263 032	354 752	352 047
Total Inventories	105 147	98 147	98 147	133 369

Other Financial Data
Audit Fees Expenses	13 200	13 100	14 500	7 500
Accrued Liabilities Deferred Income	648 806	449 113	198 634	163 340
Accumulated Amortisation Impairment Intangible Assets		10 518	21 036	26 296
Accumulated Depreciation Impairment Property Plant Equipment	199 407	230 103	231 492	114 003
Additions Other Than Through Business Combinations Intangible Assets		31 555
Additions Other Than Through Business Combinations Property Plant Equipment		16 789	7 734	8 086
Administrative Expenses	1 716 299	1 528 004	1 688 788	866 243
Amortisation Expense Intangible Assets		10 518	10 518	5 260
Amortisation Impairment Expense Intangible Assets		10 518	10 518	5 260
Average Number Employees During Period	82	74	69	63
Cash Cash Equivalents Cash Flow Value	1 276 421	504 253	253 859	16 051
Comprehensive Income Expense		122 973	-774 863	322 915
Corporation Tax Payable	65 331	26 632	5 167
Corporation Tax Recoverable	1 686	1 686	28 318	28 318
Cost Sales	14 587 792	16 903 594	10 708 726	4 502 538
Creditors	5 102 143	2 523 645	2 944 183	1 419 006
Current Tax For Period	65 331	26 632	-26 632
Deferred Tax Asset Debtors				82 678
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	4 197	-1 536	-2 495	-86 955
Depreciation Expense Property Plant Equipment	24 792	31 984	21 810	9 700
Depreciation Impairment Expense Property Plant Equipment		31 984	21 810	9 700
Dividend Income	78 000	90 000	90 000
Dividends Received Classified As Investing Activities	-78 000	-90 000	-90 000
Finance Lease Liabilities Present Value Total	7 897
Finance Lease Payments Owing Minimum Gross	7 897
Finished Goods Goods For Resale	105 147	98 147	98 147	133 369
Fixed Assets	308 267	314 069	395 271	387 306
Further Item Tax Increase Decrease Component Adjusting Items	856	2 658	7 811	421
Future Minimum Lease Payments Under Non-cancellable Operating Leases		599 301	692 554	622 302
Gain Loss On Disposals Property Plant Equipment	1 002	-40	-28	-1 094
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income			105 865
Gross Profit Loss	1 984 347	1 585 628	688 238	1 102 128
Income Taxes Paid Refund Classified As Operating Activities	-68 979	-65 331	-21 465	-5 167
Increase From Amortisation Charge For Year Intangible Assets		10 518	10 518	5 260
Increase From Depreciation Charge For Year Property Plant Equipment		31 984	21 810	9 700
Intangible Assets		21 037	10 519	5 259
Intangible Assets Gross Cost		31 555	31 555
Interest Income		445	695	75
Interest Income On Bank Deposits	22	445	690	75
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	22	445
Interest Received Classified As Investing Activities	-44	-445	-695	-75
Investments Fixed Assets	30 000	30 000	30 000	30 000
Investments In Associates		30 000	30 000	30 000
Issue Equity Instruments				360 456
Key Management Personnel Compensation Total		469 160	482 860	278 465
Net Cash Flows From Used In Investing Activities	-19 951	-27 455	-86 625	-1 044
Net Cash Flows From Used In Operating Activities	-514 048	791 726	337 019	599 308
Net Current Assets Liabilities	1 429 689	1 545 324	686 764	1 373 823
Net Finance Income Costs	78 044	90 445	90 695	75
Number Shares Issued Fully Paid		1 050	1 050	1 750
Operating Profit Loss	268 048	57 624	-1 000 550	235 885
Other Creditors	59 329	66 595	36 377	32 939
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		1 288	3 008	127 189
Other Disposals Property Plant Equipment		1 328	3 077	128 280
Other Interest Income			5
Other Interest Receivable Similar Income Finance Income	78 044	90 445	90 695	75
Other Taxation Social Security Payable	270 112	535 105	172 828	259 851
Par Value Share		1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	7 897	-7 897
Pension Other Post-employment Benefit Costs Other Pension Costs	86 558	82 183	98 302	52 587
Prepayments Accrued Income	4 171 214	2 751 098	1 349 756	1 519 325
Proceeds From Issuing Shares				-360 456
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments	5 113	14 646	-3 623	-9 058
Proceeds From Sales Property Plant Equipment	-9 306		-41	3
Profit Loss	276 564	122 973	-880 728	322 915
Profit Loss On Ordinary Activities Before Tax	346 092	148 069	-909 855	235 960
Property Plant Equipment Gross Cost	477 674	493 135	586 244	466 050
Provisions For Liabilities Balance Sheet Subtotal	8 308	6 772	4 277
Purchase Intangible Assets		-31 555
Purchase Property Plant Equipment	-62 286	-16 789	-7 734	-8 086
Repayments Borrowings Classified As Financing Activities	-3 258
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment			-17 413
Social Security Costs	393 604	367 289	365 396	165 271
Staff Costs Employee Benefits Expense	4 143 247	3 946 129	3 799 079	1 798 441
Taxation Including Deferred Taxation Balance Sheet Subtotal	8 308	6 772	4 277
Tax Decrease From Utilisation Tax Losses				42 836
Tax Expense Credit Applicable Tax Rate		28 133	-172 872	44 832
Tax Increase Decrease From Effect Capital Allowances Depreciation	3 330	-2 531	-562	-1 148
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings	2 212
Tax Increase Decrease From Effect Dividends From Companies		-17 100	-17 100
Tax Increase Decrease From Effect Dividends From U K Companies	-14 820	-17 100
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	16 707	12 941	10 355	2 784
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward			145 174	-86 137
Tax Increase Decrease From Other Short-term Timing Differences	867	153	-2 850	95
Tax Tax Credit On Profit Or Loss On Ordinary Activities	69 528	25 096	-29 127	-86 955
Total Assets Less Current Liabilities	1 737 956	1 859 393	1 082 035	1 761 129
Total Increase Decrease From Revaluations Property Plant Equipment			88 452
Total Operating Lease Payments	79 093	77 321	103 157	57 152
Trade Creditors Trade Payables	4 050 668	1 446 200	2 531 177	962 876
Trade Debtors Trade Receivables	878 572	631 252	1 825 507	926 276
Turnover Revenue	16 572 139	18 489 222	11 396 964	5 604 666
Wages Salaries	3 663 085	3 496 657	3 335 381	1 580 583
Company Contributions To Defined Benefit Plans Directors	20 960	11 760	21 960	18 784
Director Remuneration Benefits Including Payments To Third Parties		469 160	482 860	278 465