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Narang Group Ltd BRADFORD

Founded in 2009, Narang Group, classified under reg no. 06967659 is an active company. Currently registered at Narang House BD8 8JR, Bradford the company has been in the business for fifteen years. Its financial year was closed on 31st December and its latest financial statement was filed on December 31, 2021.

The company has 2 directors, namely Jasbir N., Ravinder N.. Of them, Jasbir N., Ravinder N. have been with the company the longest, being appointed on 21 July 2009. As of 27 April 2024, our data shows no information about any ex officers on these positions.

Narang Group Ltd Address / Contact

Office Address Narang House
Office Address2 121 City Road
Town Bradford
Post code BD8 8JR
Country of origin United Kingdom

Company Information / Profile

Registration Number 06967659
Date of Incorporation Tue, 21st Jul 2009
Industry Activities of head offices
End of financial Year 31st December
Company age 15 years old
Account next due date Sun, 31st Dec 2023 (118 days after)
Account last made up date Fri, 31st Dec 2021
Next confirmation statement due date Tue, 30th Jul 2024 (2024-07-30)
Last confirmation statement dated Sun, 16th Jul 2023

Company staff

Jasbir N.

Position: Director

Appointed: 21 July 2009

Ravinder N.

Position: Director

Appointed: 21 July 2009

People with significant control

The list of persons with significant control who own or control the company consists of 2 names. As we researched, there is Jasbir N. This PSC has significiant influence or control over the company, has 25-50% voting rights and has 25-50% shares. The second one in the PSC register is Ravinder N. This PSC has significiant influence or control over the company, owns 25-50% shares and has 25-50% voting rights.

Jasbir N.

Notified on 21 July 2016
Nature of control: 25-50% voting rights
significiant influence or control
25-50% shares

Ravinder N.

Notified on 21 July 2016
Nature of control: 25-50% voting rights
significiant influence or control
25-50% shares

Annual reports financial information

Profit & Loss
Accounts Information Date 2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-31
Balance Sheet
Cash Bank On Hand  5241 4454 55129 674
Current Assets 440 946191 470473 798470 564482 827
Debtors560 946440 946190 946472 353466 013453 153
Other Debtors452 507332 50746 020   
Total Inventories   5 774 1515 546 005 
Other
Accrued Liabilities Deferred Income   182 42825 86632 799
Accumulated Amortisation Impairment Intangible Assets   10 00010 00010 000
Accumulated Depreciation Impairment Property Plant Equipment   27 52028 96229 874
Additions Other Than Through Business Combinations Property Plant Equipment    5 35836 467
Administrative Expenses   1 984 0981 632 6621 874 842
Amounts Owed To Group Undertakings   332 335329 395321 835
Bank Borrowings   1 561 9362 442 0132 207 967
Bank Borrowings Overdrafts335 557215 569 749 2941 883 1742 573 549
Bank Overdrafts335 557215 569 526 0981 494 7701 962 886
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment   96 46893 58635 804
Cash Cash Equivalents  -711 875-433 220-580 558-831 162
Comprehensive Income Expense   194 702905 451254 549
Corporation Tax Payable   36 839 52 511
Corporation Tax Recoverable    369 918 
Cost Sales   10 210 67711 441 54513 725 103
Creditors385 557265 56950 000332 335329 395341 835
Current Tax For Period   39 81845 38949 004
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences   7 55633 393-6 079
Dividends Paid Classified As Financing Activities-50 000-62 000-80 000-80 000-40 000-76 000
Dividends Paid To Owners Parent Classified As Financing Activities    -40 000-76 000
Finance Lease Liabilities Present Value Total   50 40936 3103 183
Finance Lease Payments Owing Minimum Gross   43 50016 84213 328
Finished Goods Goods For Resale   5 774 1515 546 0056 305 447
Further Item Creditors Component Total Creditors   118 62621 24966 272
Further Item Tax Increase Decrease Component Adjusting Items   6 88933 393-6 079
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss   7 812-820-4 264
Gain Loss On Disposals Property Plant Equipment   -2 785  
Government Grant Income   376 838  
Gross Profit Loss2 339 0472 429 7182 294 9241 641 6811 516 254 
Impairment Loss Reversal On Investments    -76 290 
Income Taxes Paid Refund Classified As Operating Activities    283 749373 425
Increase Decrease In Current Tax From Adjustment For Prior Periods   -81 466-735 895 
Increase From Amortisation Charge For Year Intangible Assets    18 00018 000
Increase From Depreciation Charge For Year Property Plant Equipment    1 4421 155
Intangible Assets  -2 429 718144 000126 000108 000
Intangible Assets Gross Cost   10 00010 000 
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings   10916 200 
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts   5 5293 963 
Interest Paid Classified As Operating Activities   -6 742-20 163-159 520
Interest Payable Similar Charges Finance Costs   6 74220 163159 520
Interest Received Classified As Investing Activities   -5 868-2 733 
Investment Property   709 5001 881 2552 170 151
Investments Fixed Assets102102102102102102
Investments In Subsidiaries102102102102102102
Net Cash Generated From Operations    388 854-28 744
Net Current Assets Liabilities175 389175 377141 470141 463  
Net Finance Income Costs 62 00080 00080 00040 00076 000
Operating Profit Loss346 352413 191299 874161 484189 478 
Other Creditors50 00050 00050 000487 04272 701142 446
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment     243
Other Disposals Property Plant Equipment     250
Other Interest Receivable Similar Income Finance Income   5 8682 733 
Pension Other Post-employment Benefit Costs Other Pension Costs   16 56116 67917 485
Percentage Class Share Held In Subsidiary 100100100100 
Prepayments Accrued Income   25 53315 0426 729
Profit Loss-16 577-12116 09379 99339 70675 823
Profit Loss On Ordinary Activities Before Tax286 622371 349298 522160 610248 338 
Property Plant Equipment Gross Cost   34 73634 73634 486
Social Security Costs   58 91356 530 
Staff Costs Employee Benefits Expense   1 237 960887 6201 222 188
Taxation Including Deferred Taxation Balance Sheet Subtotal   34 99868 39162 312
Tax Decrease Increase From Effect Revenue Exempt From Taxation   -15 200-5616 410
Tax Increase Decrease From Effect Capital Allowances Depreciation   1 948-8261 045
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss   -14 735-1 025 
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward     34
Tax Tax Credit On Profit Or Loss On Ordinary Activities   -34 092-657 11342 925
Total Assets Less Current Liabilities175 491175 479141 572141 565  
Total Borrowings   749 2941 883 1742 573 549
Total Current Tax Expense Credit   -41 648-690 50649 004
Trade Creditors Trade Payables   816 7731 280 5071 976 513
Trade Debtors Trade Receivables9 7619 7619 7619 76134 31221 452
Turnover Revenue   11 852 35812 957 799 
Wages Salaries   1 162 486814 4111 140 121

Company filings

Filing category
Accounts Address Annual return Confirmation statement Incorporation Officers
Group of companies' accounts made up to December 31, 2022
filed on: 28th, December 2023 		Free Download (35 pages)

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