Cultech Ltd PORT TALBOT


Founded in 1994, Cultech, classified under reg no. 02908777 is an active company. Currently registered at Unit 2 Christchurch Road SA12 7BZ, Port Talbot the company has been in the business for 30 years. Its financial year was closed on Tuesday 31st December and its latest financial statement was filed on 2021/12/31. Since 1997/09/29 Cultech Ltd is no longer carrying the name Cultec.

The firm has 2 directors, namely Susan P., Nigel P.. Of them, Nigel P. has been with the company the longest, being appointed on 1 March 1995 and Susan P. has been with the company for the least time - from 1 April 1997. 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.

Cultech Ltd Address / Contact

Office Address Unit 2 Christchurch Road
Office Address2 Baglan Industrial Estate
Town Port Talbot
Post code SA12 7BZ
Country of origin United Kingdom

Company Information / Profile

Registration Number 02908777
Date of Incorporation Wed, 16th Mar 1994
Industry Other manufacturing n.e.c.
End of financial Year 31st December
Company age 30 years old
Account next due date Sun, 31st Dec 2023 (89 days after)
Account last made up date Fri, 31st Dec 2021
Next confirmation statement due date Sat, 30th Mar 2024 (2024-03-30)
Last confirmation statement dated Thu, 16th Mar 2023

Company staff

Susan P.

Position: Director

Appointed: 01 April 1997

Nigel P.

Position: Director

Appointed: 01 March 1995

Raymond J.

Position: Secretary

Appointed: 31 August 2004

Resigned: 28 August 2009

John S.

Position: Director

Appointed: 01 August 2003

Resigned: 31 December 2011

Raymond J.

Position: Director

Appointed: 01 August 2003

Resigned: 28 August 2009

Anthony S.

Position: Secretary

Appointed: 10 November 1997

Resigned: 31 August 2004

Peter Q.

Position: Director

Appointed: 30 April 1997

Resigned: 13 August 2017

Robert A.

Position: Director

Appointed: 15 April 1996

Resigned: 17 March 1997

John S.

Position: Director

Appointed: 01 February 1995

Resigned: 06 December 2002

Anne S.

Position: Secretary

Appointed: 29 September 1994

Resigned: 17 March 1998

Patricia W.

Position: Director

Appointed: 17 March 1994

Resigned: 25 October 1994

Susan A.

Position: Secretary

Appointed: 17 March 1994

Resigned: 25 September 1994

Jpcord Limited

Position: Corporate Nominee Director

Appointed: 16 March 1994

Resigned: 16 March 1994

Jpcors Limited

Position: Corporate Nominee Secretary

Appointed: 16 March 1994

Resigned: 16 March 1994

People with significant control

The register of persons with significant control who own or control the company includes 3 names. As BizStats found, there is Nigel P. This PSC has significiant influence or control over the company,. The second one in the persons with significant control register is Susan P. This PSC has significiant influence or control over the company,. Then there is Peter Q., who also meets the Companies House conditions to be categorised as a PSC. This PSC has significiant influence or control over the company,.

Nigel P.

Notified on 16 March 2017
Nature of control: significiant influence or control

Susan P.

Notified on 16 March 2017
Nature of control: significiant influence or control

Peter Q.

Notified on 16 March 2017
Ceased on 13 August 2017
Nature of control: significiant influence or control

Company previous names

Cultec September 29, 1997

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 Hand315 543618 482395 764621 1532 026 4951 232 821
Current Assets14 739 88618 395 11714 619 00714 343 82522 281 64821 447 214
Debtors8 240 3519 843 8547 916 9707 008 6629 940 59610 299 580
Net Assets Liabilities6 496 6687 343 3857 756 1268 954 07310 108 9138 970 368
Other Debtors1 221 8292 664 8851 655 651245 1822 279 569630 606
Property Plant Equipment3 421 7994 019 4624 000 9834 222 5405 066 2375 159 516
Total Inventories6 183 9927 932 7816 306 2736 714 01010 314 557 
Other
Audit Fees Expenses12 00012 00012 00012 40012 90016 500
Accrued Liabilities Deferred Income1 250 5172 067 0582 276 6181 421 8322 396 4962 604 229
Accumulated Amortisation Impairment Intangible Assets536 837536 837536 837536 837536 837 
Accumulated Depreciation Impairment Property Plant Equipment3 362 1244 067 1004 876 6725 713 9606 867 2668 041 882
Additions Other Than Through Business Combinations Property Plant Equipment 1 302 639813 3561 246 5092 000 1801 272 895
Administrative Expenses10 335 75111 771 77112 117 04514 070 81314 553 56416 584 093
Amounts Owed By Group Undertakings2 121 3402 115 4062 557 8032 390 7372 148 3302 409 533
Amounts Owed To Group Undertakings   11 517  
Average Number Employees During Period  250263288310
Bank Borrowings650 248295 90943 389933 756886 025835 755
Bank Borrowings Overdrafts304 97844 47543 389886 025835 755782 944
Bank Overdrafts183 033     
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment378 896800 422622 679633 4281 030 6671 289 498
Cash Cash Equivalents Cash Flow Value132 510618 482395 764621 1532 026 4951 232 821
Corporation Tax Recoverable  111 056111 056237 200738 139
Cost Sales19 773 19424 110 95419 699 48122 267 87621 840 65225 872 257
Creditors435 775543 924541 5721 747 3592 062 9501 810 527
Current Tax For Period  -111 056 -237 200-477 732
Deferred Tax Asset Debtors   102 788138 02559 521
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period 2 552   148 704
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences25 5252 552-42 719-48 601159 539137 272
Depreciation Expense Property Plant Equipment382 05290 639177 743664 762  
Depreciation Impairment Expense Property Plant Equipment 704 976830 515958 4771 156 0651 177 116
Dividends Paid300 000 115 00066 000400 000 
Dividends Paid Classified As Financing Activities-300 000 -115 000-66 000-400 000 
Dividends Paid On Shares Final  115 00066 000400 000 
Finance Lease Liabilities Present Value Total130 797415 227531 016481 209810 357836 677
Finance Lease Payments Owing Minimum Gross232 433611 336786 050728 1701 228 0511 319 232
Finished Goods Goods For Resale1 349 4901 592 6951 194 173758 3201 574 0152 141 644
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities26 057354 339252 520-960 00047 73150 270
Further Item Deferred Expense Credit Component Total Deferred Tax Expense     148 704
Further Item Tax Increase Decrease Component Adjusting Items  -78 17713 87410 356-64 400
Future Minimum Lease Payments Under Non-cancellable Operating Leases 56 09132 0559 5768 45731 661
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss39 268-175 566-96 439158 455-52 970-543 722
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables -3 411 2054 013 1402 464 579-6 636 059-418 318
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables 1 603 503-2 037 940-1 011 0962 770 553-172 204
Gain Loss In Cash Flows From Change In Inventories 1 748 789-1 626 508407 7373 600 547-399 744
Gain Loss On Disposals Property Plant Equipment1 340  -31 361210 
Government Grant Income   107 79832 999 
Gross Profit Loss11 224 61212 887 63812 775 57715 514 36316 407 107 
Income From Related Parties 10 265 5568 892 2938 573 2257 880 7053 202 419
Income Taxes Paid Refund Classified As Operating Activities7 957   111 056 
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation -485 972222 718-225 389-1 405 342 
Increase Decrease In Current Tax From Adjustment For Prior Periods     -23 207
Increase From Depreciation Charge For Year Property Plant Equipment 704 976830 515958 4771 156 0651 177 116
Intangible Assets Gross Cost536 837536 837536 837536 837536 837 
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings57 58087 888119 216166 461201 768 
Interest Expense On Debt Securities In Issue Other Similar Loans151 976163 027127 741127 081139 619288 675
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts11 78115 68337 75442 46067 976 
Interest Payable Similar Charges Finance Costs221 337266 598284 711336 002409 363695 246
Net Cash Flows From Used In Financing Activities 379 254629 843-856 284388 412 
Net Cash Flows From Used In Investing Activities 747 932448 664974 8591 215 295 
Net Cash Flows From Used In Operating Activities -1 613 158-855 788-343 964-3 009 049-816 274
Net Cash Generated From Operations -1 879 756-1 140 499 -3 307 356-1 511 520
Net Current Assets Liabilities3 775 4984 135 2534 521 4026 757 7667 579 2766 302 501
Net Interest Paid Received Classified As Operating Activities-221 337-266 598-284 711-336 002-409 363-695 246
Operating Profit Loss958 4691 115 867658 6771 551 3481 886 542 
Other Creditors3 267 3045 649 6193 986 5963 030 7967 615 1007 587 326
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment  20 943121 1892 7592 500
Other Disposals Property Plant Equipment  22 263187 6643 1775 000
Other Operating Income Format169 608 145107 79832 99946 379
Other Remaining Borrowings 150 88977 223403 556747 251477 940
Other Taxation Social Security Payable122 020144 018267 707329 785209 647308 227
Payments Finance Lease Liabilities Classified As Financing Activities -175 803-188 656-294 415-284 376-448 481
Pension Other Post-employment Benefit Costs Other Pension Costs176 367147 437206 825232 231274 097337 747
Prepayments Accrued Income198 436226 149233 231270 346275 046315 366
Proceeds From Borrowings Classified As Financing Activities -200 000 -400 000-400 000 
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments-32 829     
Proceeds From Sales Property Plant Equipment-2 000-1-1 322-35 114-628-100
Profit Loss711 607846 717527 7411 263 9471 554 840-1 138 545
Profit Loss On Ordinary Activities Before Tax737 132849 269373 9661 215 3461 477 179-1 353 508
Property Plant Equipment Gross Cost6 783 9238 086 5628 877 6559 936 50011 933 50313 201 398
Provisions For Liabilities Balance Sheet Subtotal264 854267 406224 687   
Purchase Other Long-term Assets Classified As Investing Activities     -108 753
Purchase Property Plant Equipment-1 029 423-747 933-449 986-1 009 973-1 215 923-733 233
Raw Materials Consumables3 867 0215 209 7064 087 6415 145 6967 639 492 
Repayments Borrowings Classified As Financing Activities    -56 305-269 311
Social Security Costs419 395498 287556 340664 387764 808 
Staff Costs Employee Benefits Expense5 849 1366 350 2457 009 1308 346 7809 141 06510 504 828
Taxation Including Deferred Taxation Balance Sheet Subtotal264 854267 406224 687278 874473 650681 122
Tax Decrease Increase From Effect Revenue Exempt From Taxation   9 614  
Tax Expense Credit Applicable Tax Rate 161 36171 054230 916280 664-257 167
Tax Increase Decrease Arising From Group Relief Tax Reconciliation-885    147 090
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit-153 850-191 317-170 606-293 907-392 955-209 888
Tax Increase Decrease From Effect Capital Allowances Depreciation11 67823 564    
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings    -81 12032 945
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings3 002     
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss25 5256 39223 95410 130 10 960
Tax Tax Credit On Profit Or Loss On Ordinary Activities25 5252 552-153 775-48 601-77 661-214 963
Total Assets Less Current Liabilities7 197 2978 154 7158 522 38510 980 30612 645 51311 462 017
Total Borrowings304 978446 798120 6121 337 3121 633 2761 313 695
Total Current Tax Expense Credit    -237 200-500 939
Total Deferred Tax Expense Credit    159 539285 976
Total Operating Lease Payments185 735217 352235 879222 248303 682 
Trade Creditors Trade Payables5 694 6085 884 9593 201 5942 474 0063 682 7523 822 531
Trade Debtors Trade Receivables4 698 7464 837 4143 359 2293 888 5534 862 4266 146 415
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment -234 947-5 198 24 421-1 061 657
Turnover Revenue30 997 80636 998 59232 475 05837 782 23938 247 759 
Wages Salaries5 253 3745 704 5216 245 9657 450 1628 102 1609 258 352
Work In Progress 1 130 3801 024 459809 9941 101 050 
Company Contributions To Defined Benefit Plans Directors80 0004 0004 000   
Director Remuneration  15 392   
Director Remuneration Benefits Including Payments To Third Parties 19 39219 392   

Company filings

Filing category
Accounts Address Annual return Capital Change of name Confirmation statement Incorporation Mortgage Officers Persons with significant control Resolution
Full accounts for the period ending 2022/12/31
filed on: 22nd, December 2023
Free Download (37 pages)

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