Ian Smith Group started in year 1979 as Private Limited Company with registration number 01421681. The Ian Smith Group company has been functioning successfully for fourty five years now and its status is active. The firm's office is based in West Midlands at 205 Great Bridge St. Postal code: B70 0DJ. Since 2015/08/26 Ian Smith Group Limited is no longer carrying the name Ian Smith Office Supplies.
The firm has 6 directors, namely Jonathan H., Adam S. and Adrian S. and others. Of them, Pamela S., Ian S. have been with the company the longest, being appointed on 30 June 1991 and Jonathan H. has been with the company for the least time - from 1 January 2015. As of 7 May 2024, there were 4 ex directors - Duncan J., Stephen P. and others listed below. There were no ex secretaries.
| Office Address | 205 Great Bridge St |
| Office Address2 | West Bromwich |
| Town | West Midlands |
| Post code | B70 0DJ |
| Country of origin | United Kingdom |
| Registration Number | 01421681 |
| Date of Incorporation | Mon, 21st May 1979 |
| Industry | Wholesale of other office machinery and equipment |
| Industry | Wholesale of office furniture |
| End of financial Year | 31st December |
| Company age | 45 years old |
| Account next due date | Mon, 30th Sep 2024 (146 days left) |
| Account last made up date | Sat, 31st Dec 2022 |
| Next confirmation statement due date | Sun, 14th Jul 2024 (2024-07-14) |
| Last confirmation statement dated | Fri, 30th Jun 2023 |
Position: Director
Appointed: 01 January 2015
Position: Director
Appointed: 20 April 2007
Position: Director
Appointed: 01 March 2007
Position: Director
Appointed: 01 January 2001
Position: Director
Appointed: 30 June 1991
Position: Director
Appointed: 30 June 1991
The list of PSCs who own or have control over the company consists of 1 name. As BizStats found, there is Ian S. The abovementioned PSC and has 50,01-75% shares.
Ian S.
| Notified on | 6 April 2016 |
| Nature of control: |
50,01-75% shares |
| Ian Smith Office Supplies | August 26, 2015 |
| Ian Smith (stationers) | August 19, 2010 |
| Profit & Loss | |||||
|---|---|---|---|---|---|
| Accounts Information Date | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
| Balance Sheet | |||||
| Cash Bank On Hand | 539 819 | 711 418 | 399 607 | 263 706 | 249 706 |
| Current Assets | 3 022 991 | 3 018 661 | 2 117 416 | 2 533 698 | 1 990 518 |
| Debtors | 2 069 031 | 1 976 332 | 1 445 343 | 1 811 085 | 1 338 771 |
| Net Assets Liabilities | 814 484 | 635 542 | 699 968 | 696 707 | 705 790 |
| Other Debtors | 270 091 | 238 185 | 235 722 | 307 430 | 303 475 |
| Property Plant Equipment | 929 650 | 891 276 | 859 431 | 813 304 | 638 417 |
| Total Inventories | 414 141 | 330 911 | 272 466 | 458 907 | 402 041 |
| Other | |||||
| Audit Fees Expenses | 11 100 | 11 100 | 13 600 | 27 905 | |
| Accrued Liabilities Deferred Income | 24 839 | 26 412 | 17 147 | 43 174 | |
| Accumulated Amortisation Impairment Intangible Assets | 108 000 | 144 000 | 180 000 | 180 000 | |
| Accumulated Depreciation Impairment Property Plant Equipment | 897 143 | 976 392 | 1 048 726 | 1 126 882 | 1 164 161 |
| Additions Other Than Through Business Combinations Property Plant Equipment | 40 875 | 40 489 | 32 029 | 22 392 | |
| Administrative Expenses | 3 309 693 | 3 527 930 | 3 038 134 | 2 671 117 | |
| Amortisation Expense Intangible Assets | 36 000 | 36 000 | 36 000 | ||
| Amortisation Impairment Expense Intangible Assets | 36 000 | 36 000 | 36 000 | ||
| Average Number Employees During Period | 78 | 81 | 67 | 49 | 49 |
| Balances Amounts Owed By Related Parties | 216 595 | 191 000 | |||
| Bank Borrowings | 14 130 | 499 900 | 402 100 | ||
| Bank Borrowings Overdrafts | 213 328 | 7 585 | 402 167 | 310 606 | 219 697 |
| Banking Arrangements Classified As Cash Cash Equivalents | -213 328 | ||||
| Bank Overdrafts | 213 328 | ||||
| Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment | 43 633 | 39 233 | 34 833 | ||
| Cash Cash Equivalents Cash Flow Value | 326 491 | 711 418 | 399 607 | 263 706 | |
| Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities | -1 978 | ||||
| Cash Receipts From Sales Interests In Associates | -739 | ||||
| Comprehensive Income Expense | 608 979 | 117 212 | 117 426 | -3 261 | |
| Corporation Tax Payable | 65 420 | 49 736 | 45 770 | 7 809 | |
| Corporation Tax Recoverable | 7 883 | ||||
| Cost Sales | 7 306 060 | 7 799 907 | 5 905 521 | 5 601 726 | |
| Creditors | 76 280 | 63 076 | 402 167 | 310 606 | 219 697 |
| Current Tax For Period | 66 284 | 49 736 | 43 338 | 7 809 | |
| Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period | 7 781 | 9 | |||
| Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences | 12 128 | 1 400 | -4 412 | -5 735 | |
| Depreciation Expense Property Plant Equipment | 62 043 | 56 251 | 49 335 | 78 156 | |
| Depreciation Impairment Expense Property Plant Equipment | 71 709 | 79 249 | 72 334 | 78 156 | |
| Distribution Costs | 127 339 | 159 386 | 185 110 | 172 002 | |
| Dividends Paid | 329 013 | 296 154 | 53 000 | ||
| Dividends Paid Classified As Financing Activities | -329 013 | -296 154 | -53 000 | ||
| Dividends Paid On Shares Final | 329 013 | 296 154 | 53 000 | ||
| Finance Lease Liabilities Present Value Total | 96 972 | 76 280 | 55 588 | ||
| Finance Lease Payments Owing Minimum Gross | 108 614 | 83 301 | 58 114 | ||
| Finished Goods Goods For Resale | 414 141 | 330 911 | 272 466 | 458 907 | |
| Fixed Assets | 1 001 654 | 927 280 | 859 435 | 813 308 | 908 421 |
| Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities | 90 100 | -14 130 | -485 770 | 97 800 | |
| Further Item Interest Expense Component Total Interest Expense | 26 | ||||
| Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total | 3 335 | -4 461 | |||
| Further Item Tax Increase Decrease Component Adjusting Items | 12 128 | 6 840 | 690 | 2 000 | |
| Future Finance Charges On Finance Leases | 11 642 | 7 021 | 2 526 | ||
| Future Minimum Lease Payments Under Non-cancellable Operating Leases | 680 587 | 895 007 | 679 823 | 489 476 | 474 799 |
| Gain Loss In Cash Flows From Change In Creditors Trade Other Payables | -284 555 | -46 323 | 504 044 | -82 434 | |
| Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables | -251 372 | -88 238 | -530 250 | 367 720 | |
| Gain Loss In Cash Flows From Change In Inventories | 78 043 | -83 230 | -58 445 | 186 441 | |
| Gain Loss On Disposals Property Plant Equipment | 13 786 | ||||
| Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income | 419 574 | 50 000 | |||
| Government Grant Income | 13 350 | 318 461 | 129 412 | ||
| Gross Profit Loss | 3 785 122 | 3 879 037 | 3 073 601 | 2 711 544 | |
| Income Taxes Paid Refund Classified As Operating Activities | -108 760 | -66 739 | -47 286 | -45 770 | |
| Income Tax Expense Credit On Components Other Comprehensive Income | 79 719 | ||||
| Increase Decrease Due To Transfers Into Or Out Property Plant Equipment | -210 000 | ||||
| Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model | 60 000 | ||||
| Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation | -1 124 375 | -384 927 | 311 811 | ||
| Increase Decrease In Current Tax From Adjustment For Prior Periods | 1 319 | -18 | |||
| Increase From Amortisation Charge For Year Intangible Assets | 36 000 | 36 000 | |||
| Increase From Depreciation Charge For Year Property Plant Equipment | 79 249 | 72 334 | 78 156 | 37 279 | |
| Intangible Assets | 72 000 | 36 000 | |||
| Intangible Assets Gross Cost | 180 000 | 180 000 | 180 000 | 180 000 | |
| Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings | 21 796 | 23 685 | 14 785 | 13 433 | |
| Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts | 2 028 | 4 557 | 4 581 | 2 545 | |
| Interest Payable Similar Charges Finance Costs | 23 824 | 28 242 | 19 392 | 15 978 | |
| Interest Received Classified As Investing Activities | -9 720 | -6 188 | -6 908 | -2 805 | |
| Investment Property | 270 000 | ||||
| Investment Property Fair Value Model | 270 000 | ||||
| Investments Fixed Assets | 4 | 4 | 4 | 4 | 4 |
| Investments In Group Undertakings Participating Interests | 4 | 4 | |||
| Investments In Subsidiaries | 4 | 4 | 4 | 4 | |
| Key Management Personnel Compensation Total | 264 079 | 411 734 | 536 967 | 625 671 | 621 188 |
| Net Assets Liabilities Subsidiaries | 1 | 1 | 1 | ||
| Net Cash Flows From Used In Financing Activities | -399 498 | 14 627 | 574 094 | ||
| Net Cash Flows From Used In Investing Activities | 55 986 | 30 226 | 32 842 | ||
| Net Cash Flows From Used In Operating Activities | -780 863 | -429 780 | -295 125 | 443 333 | |
| Net Cash Generated From Operations | -913 447 | -524 761 | -361 803 | 381 585 | |
| Net Current Assets Liabilities | 429 | -115 943 | 351 007 | 296 577 | 133 082 |
| Net Finance Income Costs | 9 720 | 6 188 | 6 908 | 2 805 | |
| Net Interest Paid Received Classified As Operating Activities | -23 824 | -28 242 | -19 392 | -15 978 | |
| Operating Profit Loss | 361 640 | 191 721 | 168 818 | 11 986 | |
| Other Comprehensive Income Expense Before Tax | 339 855 | ||||
| Other Creditors | 4 988 | 59 036 | 6 002 | 15 634 | 572 351 |
| Other Interest Income | 9 720 | 6 188 | 6 908 | 2 805 | |
| Other Interest Receivable Similar Income Finance Income | 9 720 | 6 188 | 6 908 | 2 805 | |
| Other Operating Income Format1 | 13 550 | 318 461 | 143 561 | ||
| Other Remaining Borrowings | 824 135 | 1 112 224 | 126 052 | 614 118 | |
| Other Taxation Social Security Payable | 161 864 | 241 287 | 252 553 | 146 954 | 184 511 |
| Payments Finance Lease Liabilities Classified As Financing Activities | -5 524 | -20 692 | -20 692 | -55 588 | |
| Pension Other Post-employment Benefit Costs Other Pension Costs | 75 838 | 83 528 | 74 328 | 66 707 | |
| Percentage Class Share Held In Subsidiary | 100 | 100 | 100 | ||
| Prepayments Accrued Income | 98 195 | 181 679 | 80 802 | 85 710 | |
| Proceeds From Sales Long-term Assets Classified As Investing Activities | -739 | ||||
| Proceeds From Sales Property Plant Equipment | -17 500 | ||||
| Profit Loss | 269 124 | 117 212 | 117 426 | -3 261 | |
| Profit Loss On Ordinary Activities Before Tax | 347 536 | 169 667 | 156 334 | -1 187 | |
| Property Plant Equipment Gross Cost | 1 826 793 | 1 867 668 | 1 908 157 | 1 940 186 | 1 802 578 |
| Provisions For Liabilities Balance Sheet Subtotal | 111 319 | 112 719 | 102 572 | 116 016 | |
| Purchase Property Plant Equipment | -79 871 | -40 875 | -40 489 | -32 029 | |
| Redundancy Costs | 30 683 | 2 821 | |||
| Repayments Borrowings Classified As Financing Activities | 824 135 | 288 089 | -986 172 | 488 066 | |
| Revenue From Commissions | 200 | ||||
| Social Security Costs | 167 518 | 174 712 | 158 092 | 166 854 | |
| Staff Costs Employee Benefits Expense | 2 111 515 | 2 228 819 | 1 942 254 | 1 763 754 | |
| Taxation Including Deferred Taxation Balance Sheet Subtotal | 111 319 | 112 719 | 108 307 | 102 572 | |
| Tax Expense Credit Applicable Tax Rate | 66 032 | 32 237 | 29 703 | -226 | |
| Tax Increase Decrease From Effect Capital Allowances Depreciation | -11 718 | -1 157 | |||
| Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss | 1 541 | 3 520 | 1 684 | 1 457 | |
| Tax Tax Credit On Profit Or Loss On Ordinary Activities | 78 412 | 52 455 | 38 908 | 2 074 | |
| Total Assets Less Current Liabilities | 1 002 083 | 811 337 | 1 210 442 | 1 109 885 | 1 041 503 |
| Total Borrowings | 1 037 463 | 1 126 354 | 625 952 | 1 016 218 | |
| Total Current Tax Expense Credit | 66 284 | 51 055 | 43 320 | 7 809 | |
| Total Increase Decrease From Revaluations Property Plant Equipment | 50 000 | ||||
| Total Operating Lease Payments | 311 550 | 296 989 | 272 570 | 262 560 | |
| Trade Creditors Trade Payables | 1 707 296 | 1 618 575 | 1 165 564 | 1 317 938 | 1 009 665 |
| Trade Debtors Trade Receivables | 1 700 745 | 1 556 468 | 1 128 819 | 1 503 655 | 1 027 413 |
| Transfers To From Retained Earnings Increase Decrease In Equity | -1 063 | -1 063 | -1 063 | ||
| Turnover Revenue | 11 091 182 | 11 678 944 | 8 979 122 | 8 313 270 | |
| Wages Salaries | 1 868 159 | 1 970 579 | 1 709 834 | 1 530 193 | |
| Company Contributions To Defined Benefit Plans Directors | 44 651 | 44 591 | 44 351 | 44 646 | |
| Director Remuneration | 219 428 | 367 143 | 370 631 | 581 025 | |
| Director Remuneration Benefits Including Payments To Third Parties | 264 079 | 411 734 | 414 982 | 625 671 | |
| Type | Category | Free download | |
|---|---|---|---|
| AA |
Total exemption full accounts record for the accounting period up to 2022/12/31 filed on: 22nd, September 2023 |
accounts | Free Download (15 pages) |
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