Global Machinery Solutions started in year 2003 as Private Limited Company with registration number 04936450. The Global Machinery Solutions company has been functioning successfully for twenty one years now and its status is active. The firm's office is based in Ipswich at Dairy Farm Office. Postal code: IP7 6RA. Since 2022/10/10 Global Machinery Solutions Limited is no longer carrying the name Global Recycling Solutions.
Currently there are 4 directors in the the firm, namely Craig F., George W. and Edward B. and others. In addition one secretary - Hannah M. - is with the company. Currently there are a few former directors listed by the firm. Similarly, the firm lists a few former secretaries. The full list of both former directors and former secretaries might be found in the table below.
| Office Address | Dairy Farm Office |
| Office Address2 | Dairy Road Semer |
| Town | Ipswich |
| Post code | IP7 6RA |
| Country of origin | United Kingdom |
| Registration Number | 04936450 |
| Date of Incorporation | Fri, 17th Oct 2003 |
| Industry | Repair of other equipment |
| Industry | Agents involved in the sale of machinery, industrial equipment, ships and aircraft |
| End of financial Year | 31st October |
| Company age | 21 years old |
| Account next due date | Wed, 31st Jul 2024 (93 days left) |
| Account last made up date | Mon, 31st Oct 2022 |
| Next confirmation statement due date | Thu, 28th Dec 2023 (2023-12-28) |
| Last confirmation statement dated | Wed, 14th Dec 2022 |
Position: Director
Appointed: 31 October 2023
Position: Director
Appointed: 01 November 2022
Position: Director
Appointed: 15 July 2021
Position: Secretary
Appointed: 09 April 2008
Position: Director
Appointed: 09 April 2008
The list of persons with significant control that own or control the company includes 1 name. As BizStats discovered, there is Heathpatch Limited from Ipswich, England. The abovementioned PSC is categorised as "a limited partnership", has 75,01-100% voting rights and has 75,01-100% shares. The abovementioned PSC has 75,01-100% voting rights and has 75,01-100% shares.
Heathpatch Limited
Dairy Farm Office Dairy Road, Semer, Ipswich, IP7 6RA, England
| Legal authority | Limited Liability Partnership Act 2000 |
| Legal form | Limited Partnership |
| Country registered | England & Wales |
| Place registered | England & Wales |
| Registration number | 03381606 |
| Notified on | 6 April 2016 |
| Nature of control: |
75,01-100% shares 75,01-100% voting rights |
| Global Recycling Solutions | October 10, 2022 |
| Profit & Loss | |||||
|---|---|---|---|---|---|
| Accounts Information Date | 2018-10-31 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 |
| Balance Sheet | |||||
| Cash Bank On Hand | 44 092 | 30 988 | 258 110 | 69 258 | 21 251 |
| Current Assets | 4 770 076 | 7 805 925 | 7 649 159 | 10 324 786 | 11 806 712 |
| Debtors | 1 275 339 | 2 294 339 | 1 721 768 | 3 112 232 | 3 298 742 |
| Net Assets Liabilities | 1 842 159 | 2 374 690 | 2 938 454 | 3 206 383 | 2 678 223 |
| Other Debtors | 180 335 | 212 636 | 307 655 | 894 702 | 1 289 177 |
| Property Plant Equipment | 520 377 | 590 654 | 565 872 | 628 729 | 983 553 |
| Total Inventories | 3 450 645 | 5 480 598 | 5 669 281 | 7 143 296 | 8 486 719 |
| Other | |||||
| Audit Fees Expenses | 12 747 | 11 397 | 11 750 | 12 465 | 14 340 |
| Director Remuneration | 119 200 | 125 000 | 113 500 | 186 666 | 257 500 |
| Company Contributions To Money Purchase Plans Directors | 1 104 | 1 314 | 4 484 | 4 844 | |
| Number Directors Accruing Benefits Under Money Purchase Scheme | 1 | 1 | 3 | 3 | |
| Accrued Liabilities Deferred Income | 250 423 | 237 450 | 141 428 | 165 827 | 414 381 |
| Accumulated Amortisation Impairment Intangible Assets | 524 135 | 554 135 | 586 010 | 610 385 | 5 625 |
| Accumulated Depreciation Impairment Property Plant Equipment | 461 202 | 447 277 | 506 274 | 656 834 | 793 982 |
| Administrative Expenses | 1 817 193 | 2 115 784 | 2 019 008 | 2 063 452 | 2 420 933 |
| Amortisation Expense Intangible Assets | 30 000 | 30 000 | 30 000 | 22 500 | 1 875 |
| Amounts Owed To Group Undertakings | 995 000 | 1 255 000 | 1 230 000 | 1 230 000 | 2 080 000 |
| Applicable Tax Rate | 19 | 19 | 19 | 19 | 19 |
| Average Number Employees During Period | 30 | 37 | 35 | 44 | 47 |
| Bank Borrowings Overdrafts | 525 353 | 278 130 | 54 088 | 944 430 | 1 162 967 |
| Bank Overdrafts | 525 353 | 278 130 | 54 088 | 509 679 | 668 645 |
| Cost Sales | 9 659 627 | 13 095 119 | 12 792 622 | 14 559 132 | 17 806 914 |
| Creditors | 1 183 508 | 1 432 392 | 1 694 330 | 1 496 387 | 2 366 487 |
| Deferred Tax Asset Debtors | 40 000 | ||||
| Depreciation Expense Property Plant Equipment | 96 167 | 98 014 | 94 535 | 75 253 | 103 885 |
| Disposals Decrease In Depreciation Impairment Property Plant Equipment | 202 105 | 121 121 | 57 692 | 122 365 | |
| Disposals Property Plant Equipment | 234 273 | 155 265 | 59 988 | 150 766 | |
| Finance Lease Liabilities Present Value Total | 188 508 | 177 392 | 335 101 | 344 354 | 298 465 |
| Finished Goods | 3 450 645 | 5 480 598 | 5 669 281 | 7 143 296 | |
| Fixed Assets | 602 877 | 652 530 | 595 873 | 634 355 | 987 304 |
| Further Item Interest Expense Component Total Interest Expense | 14 992 | 35 832 | 44 115 | 41 205 | 76 268 |
| Future Minimum Lease Payments Under Non-cancellable Operating Leases | 43 776 | 43 776 | 43 776 | 43 776 | 153 776 |
| Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss | -4 378 | 1 267 | 6 903 | -6 608 | -23 076 |
| Gain Loss On Disposals Property Plant Equipment | -782 | 972 | 6 599 | 1 536 | 36 883 |
| Gross Profit Loss | 2 470 387 | 2 741 192 | 2 619 725 | 2 393 700 | 2 270 634 |
| Increase Decrease In Property Plant Equipment | 202 437 | 172 442 | 190 283 | 209 394 | |
| Increase From Amortisation Charge For Year Intangible Assets | 30 000 | 31 875 | 24 375 | 1 875 | |
| Increase From Depreciation Charge For Year Property Plant Equipment | 188 180 | 180 118 | 208 252 | 259 513 | |
| Intangible Assets | 82 500 | 61 875 | 30 000 | 5 625 | 3 750 |
| Intangible Assets Gross Cost | 606 635 | 616 010 | 616 010 | 616 010 | 9 375 |
| Interest Expense On Bank Loans Similar Borrowings | 884 | 301 | 3 943 | 769 | 5 639 |
| Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts | 12 682 | 16 744 | 20 545 | 44 527 | 33 846 |
| Interest Payable Similar Charges Finance Costs | 28 558 | 52 877 | 68 603 | 86 501 | 115 753 |
| Investments Fixed Assets | 1 | 1 | 1 | 1 | |
| Investments In Group Undertakings | 1 | 1 | 1 | 1 | |
| Loans Owed By Related Parties | 18 860 | 9 493 | 85 896 | ||
| Loans Owed To Related Parties | -1 862 | -41 277 | -5 958 | -8 188 | |
| Net Current Assets Liabilities | 2 422 790 | 3 154 552 | 4 036 911 | 4 068 415 | 4 057 406 |
| Number Shares Issued Fully Paid | 1 684 800 | 1 684 800 | 1 684 800 | 1 684 800 | |
| Operating Profit Loss | 653 194 | 625 408 | 632 367 | 354 430 | -150 299 |
| Other Creditors | 363 319 | 508 176 | 474 185 | 404 602 | 591 991 |
| Other Deferred Tax Expense Credit | 40 000 | ||||
| Other Taxation Social Security Payable | 34 590 | 46 326 | 54 444 | 54 222 | 65 152 |
| Par Value Share | 1 | 1 | 1 | 1 | |
| Percentage Class Share Held In Subsidiary | 100 | 100 | 100 | 100 | |
| Prepayments Accrued Income | 79 549 | 102 171 | 105 102 | 121 534 | 135 354 |
| Profit Loss | 624 636 | 532 531 | 563 764 | 267 929 | -528 160 |
| Profit Loss On Ordinary Activities Before Tax | 624 636 | 572 531 | 563 764 | 267 929 | -528 160 |
| Property Plant Equipment Gross Cost | 981 579 | 1 037 931 | 1 072 146 | 1 285 563 | 1 777 535 |
| Recoverable Value-added Tax | 69 704 | 6 057 | |||
| Social Security Costs | 121 033 | 154 088 | 166 494 | 191 660 | 224 998 |
| Staff Costs Employee Benefits Expense | 1 308 980 | 1 699 682 | 1 866 837 | 2 162 917 | 2 387 201 |
| Tax Decrease From Utilisation Tax Losses | 129 272 | 26 053 | |||
| Tax Expense Credit Applicable Tax Rate | 118 681 | 108 781 | 107 115 | 50 907 | -100 350 |
| Tax Increase Decrease From Effect Capital Allowances Depreciation | 6 613 | 11 011 | |||
| Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss | 3 978 | 3 567 | 2 702 | 3 387 | 10 209 |
| Tax Tax Credit On Profit Or Loss On Ordinary Activities | 40 000 | ||||
| Total Additions Including From Business Combinations Intangible Assets | 9 375 | ||||
| Total Additions Including From Business Combinations Property Plant Equipment | 290 625 | 189 480 | 273 405 | 642 738 | |
| Total Assets Less Current Liabilities | 3 025 667 | 3 807 082 | 4 632 784 | 4 702 770 | 5 044 710 |
| Total Borrowings | 841 185 | 608 753 | 54 088 | 944 430 | 1 162 967 |
| Total Operating Lease Payments | 56 127 | 53 057 | 72 410 | 83 089 | 95 050 |
| Trade Creditors Trade Payables | 1 046 277 | 3 428 060 | 2 010 428 | 4 154 360 | 5 096 111 |
| Trade Debtors Trade Receivables | 905 751 | 1 973 475 | 1 309 011 | 2 010 021 | 1 829 076 |
| Turnover Revenue | 12 130 014 | 15 836 311 | 15 412 347 | 16 952 832 | 20 077 548 |
| Wages Salaries | 1 187 947 | 1 519 607 | 1 669 637 | 1 932 977 | 2 121 189 |
| Amounts Owed By Group Undertakings | 85 975 | 45 135 | |||
| Bank Borrowings | 434 751 | 494 322 | |||
| Comprehensive Income Expense | 532 531 | 563 764 | 267 929 | -528 160 | |
| Disposals Decrease In Amortisation Impairment Intangible Assets | 606 635 | ||||
| Disposals Intangible Assets | 606 635 | ||||
| Other Operating Income Format1 | 31 650 | 24 182 | |||
| Pension Other Post-employment Benefit Costs Other Pension Costs | 25 987 | 30 706 | 38 280 | 41 014 | |
| Restructuring Costs | 262 108 | ||||
| Type | Category | Free download | |
|---|---|---|---|
| MA |
Articles and Memorandum of Association filed on: 8th, November 2023 |
incorporation | Free Download (9 pages) |
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