Midland Building Products started in year 1990 as Private Limited Company with registration number 02565308. The Midland Building Products company has been functioning successfully for thirty four years now and its status is active. The firm's office is based in Brickhouse Lane West Bromwich at Unit 10. Postal code: B70 0DH.
At present there are 5 directors in the the firm, namely Michael F., Daniel F. and Thomas M. and others. In addition one secretary - Jason V. - is with the company. As of 28 May 2024, there were 4 ex directors - Martyn F., Kenneth C. and others listed below. There were no ex secretaries.
This company operates within the B70 0DH postal code. The company is dealing with transport and has been registered as such. Its registration number is OD0257860 . It is located at Spartan Industrial Centre, Unit 10, West Bromwich with a total of 7 cars.
Office Address | Unit 10 |
Office Address2 | Spartan Industrial Centre |
Town | Brickhouse Lane West Bromwich |
Post code | B70 0DH |
Country of origin | United Kingdom |
Registration Number | 02565308 |
Date of Incorporation | Wed, 5th Dec 1990 |
Industry | Manufacture of other builders' carpentry and joinery |
End of financial Year | 31st March |
Company age | 34 years old |
Account next due date | Sun, 31st Dec 2023 (149 days after) |
Account last made up date | Thu, 31st Mar 2022 |
Next confirmation statement due date | Sat, 25th May 2024 (2024-05-25) |
Last confirmation statement dated | Thu, 11th May 2023 |
The register of persons with significant control who own or control the company is made up of 3 names. As we found, there is Thomas M. This PSC has 25-50% voting rights and has 25-50% shares. The second one in the PSC register is Jason V. This PSC and has 25-50% voting rights. Then there is Martyn F., who also fulfils the Companies House conditions to be indexed as a PSC. This PSC and has 25-50% voting rights.
Thomas M.
Notified on | 2 May 2023 |
Nature of control: |
25-50% voting rights 25-50% shares |
Jason V.
Notified on | 2 May 2023 |
Nature of control: |
25-50% voting rights |
Martyn F.
Notified on | 28 February 2021 |
Ceased on | 1 April 2023 |
Nature of control: |
25-50% voting rights |
Profit & Loss | |||||
---|---|---|---|---|---|
Accounts Information Date | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 |
Balance Sheet | |||||
Cash Bank On Hand | 1 873 551 | 2 455 588 | 2 280 010 | 2 950 089 | 2 911 594 |
Current Assets | 8 292 531 | 7 971 767 | 7 082 597 | 10 277 503 | 11 241 401 |
Debtors | 5 625 942 | 4 711 175 | 4 044 352 | 6 150 560 | 6 690 315 |
Net Assets Liabilities | 1 876 691 | 2 477 071 | 2 941 937 | 3 510 635 | 4 374 497 |
Other Debtors | 706 114 | 584 911 | 336 983 | 1 316 089 | 1 342 904 |
Property Plant Equipment | 1 201 281 | 1 123 946 | 817 937 | 781 748 | 761 955 |
Total Inventories | 793 038 | 805 004 | 758 235 | 1 176 854 | 1 639 492 |
Other | |||||
Audit Fees Expenses | 12 000 | 12 000 | 12 000 | 13 000 | 17 000 |
Accrued Liabilities Deferred Income | 342 685 | 135 800 | 143 587 | 200 062 | 290 727 |
Accumulated Depreciation Impairment Property Plant Equipment | 2 662 977 | 3 106 596 | 3 444 498 | 3 703 359 | 3 693 387 |
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss | 4 486 | 38 475 | 52 289 | ||
Additions Other Than Through Business Combinations Property Plant Equipment | 423 980 | 200 688 | 420 714 | 332 176 | |
Administration Support Average Number Employees | 55 | 61 | 57 | 59 | 65 |
Administrative Expenses | 5 611 034 | 5 296 033 | 5 090 261 | 6 154 592 | 7 096 665 |
Amounts Owed By Group Undertakings Participating Interests | 98 598 | ||||
Amounts Owed To Group Undertakings Participating Interests | 198 058 | 198 058 | 198 058 | ||
Amount Specific Bank Loan | 270 000 | 700 000 | 600 000 | ||
Applicable Tax Rate | 19 | 19 | 19 | 19 | 19 |
Average Number Employees During Period | 102 | 120 | 121 | 131 | 145 |
Bank Borrowings Overdrafts | 81 000 | 259 921 | 264 719 | ||
Capital Commitments | 136 776 | 31 346 | 38 415 | 34 731 | 23 787 |
Comprehensive Income Expense | 571 586 | 600 380 | 1 514 866 | 1 618 698 | 1 913 862 |
Corporation Tax Payable | 173 067 | 154 847 | 448 416 | 333 639 | 484 560 |
Cost Inventories Recognised As Expense Net Write Downs Reversals | 12 081 232 | 12 084 767 | 10 503 784 | 13 457 147 | 16 046 949 |
Cost Sales | 12 857 939 | 13 058 208 | 11 336 622 | 14 577 656 | 17 407 638 |
Creditors | 7 321 032 | 6 321 185 | 7 142 115 | 9 313 846 | 9 836 897 |
Current Tax For Period | 173 067 | 154 847 | 433 376 | 333 763 | 513 763 |
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws | 35 726 | ||||
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences | -5 222 | -3 118 | -38 899 | 7 620 | -156 276 |
Deferred Tax Liabilities | 155 151 | 152 033 | 113 134 | 156 480 | 204 |
Depreciation Expense Property Plant Equipment | 328 123 | 481 353 | 503 045 | 444 188 | 351 969 |
Distribution Average Number Employees | 10 | 10 | 7 | 5 | 8 |
Distribution Costs | 931 307 | 917 045 | 730 812 | 899 428 | 1 029 727 |
Dividend Declared Payable | 520 000 | 1 050 000 | 1 050 000 | 1 050 000 | |
Dividend Income From Associates | 205 000 | ||||
Dividends Paid | 520 000 | 1 050 000 | 1 050 000 | 1 050 000 | |
Dividends Paid Classified As Financing Activities | 200 000 | 520 000 | 1 050 000 | 1 050 000 | |
Dividends Received Classified As Operating Activities | 205 000 | 193 000 | |||
Finished Goods Goods For Resale | 793 038 | 805 004 | 364 803 | 555 313 | 610 385 |
Fixed Assets | 1 123 946 | 3 995 437 | 3 959 248 | 3 905 955 | |
Further Item Interest Expense Component Total Interest Expense | 3 418 | 39 756 | 38 295 | ||
Future Minimum Lease Payments Under Non-cancellable Operating Leases | 564 000 | 376 000 | 188 000 | ||
Gain Loss On Disposals Other Non-current Assets | 54 000 | ||||
Gain Loss On Disposals Property Plant Equipment | 14 507 | 9 600 | 68 620 | 67 985 | 22 000 |
Gross Profit Loss | 5 271 372 | 5 389 626 | 5 706 024 | 7 081 337 | 8 277 608 |
Income Taxes Paid Refund Classified As Operating Activities | -109 302 | -173 067 | -139 807 | -448 540 | -362 842 |
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation | 923 886 | 582 037 | -175 578 | 670 079 | -38 495 |
Increase Decrease In Deferred Tax Liability From Amount Recognised In Profit Or Loss | -5 222 | -3 118 | -38 899 | 43 346 | -156 276 |
Increase From Depreciation Charge For Year Property Plant Equipment | 481 353 | 503 045 | 444 188 | 351 969 | |
Interest Paid Classified As Operating Activities | 3 418 | 39 756 | 64 928 | ||
Interest Payable Similar Charges Finance Costs | 3 418 | 39 756 | 64 928 | ||
Interest Received Classified As Operating Activities | 16 831 | 4 508 | 526 | 130 | 14 649 |
Investment Income Net Amounts Written Off Back To Investments | 205 000 | 193 000 | |||
Investments Fixed Assets | 3 177 500 | 3 177 500 | 3 144 000 | ||
Key Management Personnel Compensation Total | 1 634 195 | 1 239 740 | 1 139 139 | 1 775 740 | 2 005 503 |
Marketing Average Number Employees | 7 | 7 | 8 | ||
Net Assets Liabilities Associates | 542 442 | 612 781 | 674 449 | ||
Net Cash Flows From Used In Financing Activities | -200 000 | -520 000 | 810 000 | -505 700 | -1 309 921 |
Net Cash Flows From Used In Investing Activities | -365 924 | -394 418 | -3 305 916 | -340 014 | -222 676 |
Net Cash Flows From Used In Operating Activities | 1 489 810 | 1 496 455 | 2 320 338 | 1 515 793 | 1 494 102 |
Net Cash Generated From Operations | 1 582 281 | 1 665 014 | 2 463 037 | 1 798 959 | 1 714 223 |
Net Current Assets Liabilities | 971 499 | 1 650 582 | -59 518 | 963 657 | 1 404 504 |
Nominal Value Allotted Share Capital | 30 000 | 30 000 | 30 000 | 30 000 | 30 000 |
Number Shares Issued Fully Paid | 30 000 | 30 000 | 30 000 | 30 000 | |
Operating Profit Loss | 708 093 | 738 001 | 1 843 615 | 1 762 448 | 2 052 628 |
Other Creditors | 2 551 359 | 2 688 299 | 2 110 243 | 3 075 239 | 3 528 035 |
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment | 37 734 | 165 143 | 185 327 | 361 941 | |
Other Disposals Property Plant Equipment | 57 696 | 168 795 | 198 042 | 361 941 | |
Other Interest Receivable Similar Income Finance Income | 16 831 | 4 508 | 526 | 130 | 14 649 |
Other Investments Other Than Loans | 3 177 500 | 3 177 500 | 3 144 000 | ||
Other Operating Income Format1 | 1 979 062 | 1 561 453 | 1 958 664 | 1 735 131 | 1 901 412 |
Other Provisions Balance Sheet Subtotal | 140 938 | 145 424 | 151 848 | 161 411 | 106 098 |
Other Taxation Social Security Payable | 648 620 | 505 828 | 312 421 | 844 080 | 774 680 |
Par Value Share | 1 | 1 | 1 | 1 | |
Pension Other Post-employment Benefit Costs Other Pension Costs | 68 221 | 94 012 | 92 472 | 114 542 | 127 777 |
Percentage Class Share Held In Associate | 20 | 20 | 20 | ||
Prepayments Accrued Income | 164 380 | 87 172 | 111 080 | 112 187 | 196 285 |
Proceeds From Borrowings Classified As Financing Activities | 810 000 | 700 000 | |||
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments | 87 500 | ||||
Proceeds From Sales Property Plant Equipment | 31 083 | 29 562 | 72 272 | 80 700 | 22 000 |
Production Average Number Employees | 37 | 49 | 50 | 60 | 64 |
Profit Loss | 571 586 | 600 380 | 1 514 866 | 1 618 698 | 1 913 862 |
Profit Loss From Continuing Operations Associates | 343 865 | 195 340 | 161 668 | ||
Profit Loss On Ordinary Activities Before Tax | 739 431 | 752 109 | 1 909 343 | 1 995 807 | 2 271 349 |
Property Plant Equipment Gross Cost | 3 864 258 | 4 230 542 | 4 262 435 | 4 485 107 | 4 455 342 |
Provisions | 140 938 | 145 424 | 151 848 | 161 411 | 106 098 |
Provisions For Liabilities Balance Sheet Subtotal | 296 089 | 297 457 | 264 982 | 317 891 | 106 302 |
Provisions Used | 16 580 | 24 307 | |||
Purchase Financial Investments Other Than Trading Investments | 3 177 500 | ||||
Purchase Property Plant Equipment | 397 007 | 423 980 | 200 688 | 420 714 | 332 176 |
Raw Materials Consumables | 419 429 | 393 432 | 621 541 | 1 029 107 | |
Repayments Borrowings Classified As Financing Activities | 155 700 | 259 921 | |||
Revenue From Sale Goods | 18 129 311 | 18 447 834 | 17 042 646 | 21 658 993 | 25 685 246 |
Social Security Costs | 475 992 | 458 801 | 418 190 | 573 135 | 636 520 |
Staff Costs Employee Benefits Expense | 4 663 932 | 4 959 921 | 4 599 557 | 5 802 855 | 6 630 062 |
Taxation Including Deferred Taxation Balance Sheet Subtotal | 155 151 | 152 033 | 113 134 | 156 480 | 204 |
Tax Expense Credit Applicable Tax Rate | 140 492 | 142 901 | 362 775 | 379 203 | 431 556 |
Tax Increase Decrease From Effect Capital Allowances Depreciation | 38 899 | -18 758 | -21 041 | ||
Tax Increase Decrease From Effect Expenses Not Deductible For Tax Purposes Other Than Goodwill Amortisation Impairment | 27 353 | 11 946 | 31 702 | 12 268 | 139 918 |
Tax Tax Credit On Profit Or Loss On Ordinary Activities | 167 845 | 151 729 | 394 477 | 377 109 | 357 487 |
Total Assets Less Current Liabilities | 2 172 780 | 2 774 528 | 3 935 919 | 4 922 905 | 5 310 459 |
Total Current Tax Expense Credit | 167 845 | 151 729 | 433 376 | 333 763 | 513 763 |
Total Deferred Tax Expense Credit | -38 899 | 43 346 | -156 276 | ||
Total Operating Lease Payments | 188 000 | 188 000 | 188 000 | 188 000 | 188 000 |
Trade Creditors Trade Payables | 3 085 301 | 2 836 411 | 2 798 390 | 3 352 847 | 3 246 118 |
Trade Debtors Trade Receivables | 4 755 448 | 4 039 092 | 3 497 691 | 4 722 284 | 5 151 126 |
Turnover Revenue | 18 129 311 | 18 447 834 | 17 042 646 | 21 658 993 | 25 685 246 |
Unused Provision Reversed | 15 471 | 18 419 | 55 313 | ||
Wages Salaries | 4 119 719 | 4 407 108 | 4 308 259 | 5 115 178 | 5 865 765 |
Director Remuneration | 950 210 | 755 720 | 651 126 | 649 757 | 563 649 |
Dividend Recommended By Directors | 35 | 35 | 35 | ||
Number Directors Accruing Benefits Under Money Purchase Scheme | 3 | 3 | 3 | 3 | 3 |
Spartan Industrial Centre | |
---|---|
Address | Unit 10 , Brickhouse Lane |
City | West Bromwich |
Post code | B70 0DH |
Vehicles | 7 |
Type | Category | Free download | |
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AA |
Full accounts for the period ending Fri, 31st Mar 2023 filed on: 20th, December 2023 |
accounts | Free Download (31 pages) |
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