Founded in 1979, Washington Mills Electro Minerals, classified under reg no. 01436144 is an active company. Currently registered at 64 Mosley Road M17 1NR, Manchester the company has been in the business for 45 years. Its financial year was closed on December 31 and its latest financial statement was filed on 31st December 2022.
At the moment there are 4 directors in the the firm, namely Kevin H., Grant R. and Anne W. and others. In addition one secretary - Wenjing Z. - is with the company. At the moment there are a few former directors listed by the firm. Their names might be found in the box below. In addition, there is one former secretary - Kevin H. who worked with the the firm until 30 September 2019.
| Office Address | 64 Mosley Road |
| Office Address2 | Trafford Park |
| Town | Manchester |
| Post code | M17 1NR |
| Country of origin | United Kingdom |
| Registration Number | 01436144 |
| Date of Incorporation | Tue, 10th Jul 1979 |
| Industry | Production of abrasive products |
| End of financial Year | 31st December |
| Company age | 45 years old |
| Account next due date | Mon, 30th Sep 2024 (156 days left) |
| Account last made up date | Sat, 31st Dec 2022 |
| Next confirmation statement due date | Wed, 15th May 2024 (2024-05-15) |
| Last confirmation statement dated | Mon, 1st May 2023 |
Position: Director
Appointed: 12 March 2020
Position: Secretary
Appointed: 01 December 2019
Position: Director
Appointed: 16 July 2019
Position: Director
Appointed: 26 January 2012
Position: Director
Appointed: 10 April 2000
The list of PSCs who own or have control over the company is made up of 1 name. As BizStats researched, there is Washington Mills Group Inc from North Grafton, United States. This PSC is categorised as "a private limited company" and has 75,01-100% shares. This PSC and has 75,01-100% shares.
Washington Mills Group Inc
20 North Main Street, North Grafton, Massachusetts 01536, United States
| Legal authority | Investment Company Act Of 1940 |
| Legal form | Private Limited Company |
| Notified on | 6 April 2016 |
| Nature of control: |
75,01-100% shares |
| Profit & Loss | ||||
|---|---|---|---|---|
| Accounts Information Date | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 |
| Balance Sheet | ||||
| Cash Bank On Hand | 934 678 | 1 459 585 | 2 262 459 | 1 965 221 |
| Current Assets | 8 111 999 | 8 080 193 | 10 311 317 | 11 615 357 |
| Debtors | 2 587 681 | 2 879 317 | 3 104 933 | 2 366 621 |
| Net Assets Liabilities | 5 646 698 | 6 092 515 | 8 116 722 | 11 518 060 |
| Other Debtors | 9 243 | 28 827 | ||
| Property Plant Equipment | 2 520 975 | 2 446 892 | 2 491 992 | 2 446 723 |
| Total Inventories | 4 589 640 | 3 741 291 | 4 943 925 | 7 283 515 |
| Other | ||||
| Audit Fees Expenses | 13 950 | 13 000 | 13 500 | 13 500 |
| Company Contributions To Money Purchase Plans Directors | 3 306 | 6 476 | 7 184 | 14 009 |
| Director Remuneration | 50 867 | 94 200 | 109 478 | 144 278 |
| Accrued Liabilities | 100 774 | 153 061 | 159 157 | 184 884 |
| Accumulated Amortisation Impairment Intangible Assets | 21 500 | 21 500 | 21 500 | |
| Accumulated Depreciation Impairment Property Plant Equipment | 848 937 | 955 063 | 1 056 436 | 1 175 321 |
| Additional Provisions Increase From New Provisions Recognised | -4 095 | 10 700 | ||
| Additional Provisions Increase From New Provisions Recognised In Profit Or Loss | 239 250 | |||
| Administrative Expenses | 542 006 | 640 145 | 678 658 | 786 856 |
| Amounts Owed To Group Undertakings | 221 631 | 571 842 | 2 497 356 | 2 459 851 |
| Applicable Tax Rate | 19 | 19 | 19 | 19 |
| Assumed Rate Increase Pensionable Salaries | 3 | 3 | ||
| Assumed Rate Increase Pensions In Payment Deferred Pensions | 2 | 3 | 3 | 3 |
| Average Number Employees During Period | 25 | 22 | 22 | 22 |
| Capital Commitments | 4 362 | |||
| Cash Cash Equivalents Cash Flow Value | 934 678 | 1 459 585 | 2 262 459 | |
| Comprehensive Income Expense | 51 590 | 445 817 | 2 024 207 | 3 401 338 |
| Corporation Tax Recoverable | 8 265 | |||
| Cost Sales | 11 664 413 | 9 815 737 | 12 257 459 | 14 524 985 |
| Creditors | 563 330 | 1 004 719 | 3 103 036 | 3 168 256 |
| Decrease In Assets Defined Benefit Plan From Benefits Paid | -553 000 | -441 000 | -414 000 | -402 000 |
| Deficit Surplus In Defined Benefit Plan | 4 325 000 | 3 336 000 | 1 479 000 | -957 000 |
| Defined Benefit Liabilities From Plans That Are Wholly Or Partly Funded Present Value | 14 150 000 | 13 700 000 | 12 600 000 | 8 000 000 |
| Depreciation Amortisation Expense | 103 943 | 106 126 | 101 373 | 101 865 |
| Depreciation Expense Property Plant Equipment | 103 943 | 106 126 | 101 373 | 101 867 |
| Discount Rate Used Defined Benefit Plan | 2 | 1 | 2 | 5 |
| Disposals Decrease In Depreciation Impairment Property Plant Equipment | 4 482 | |||
| Disposals Property Plant Equipment | 6 270 | |||
| Distribution Costs | 482 420 | 426 168 | 478 818 | 613 777 |
| Fair Value Assets Defined Benefit Plan | 9 825 000 | 10 364 000 | 11 121 000 | 8 957 000 |
| Fair Value Assets In Defined Benefit Plans Less Present Value Funded Obligations | 9 825 000 | 10 364 000 | 11 121 000 | 8 957 000 |
| Finished Goods | 3 546 045 | 2 505 157 | 2 689 067 | 5 252 599 |
| Fixed Assets | 2 520 975 | 2 446 892 | 2 491 992 | 2 446 723 |
| Further Item Cash Flow From Used In Operating Activities Component Total Net Cash Flows From Used In Operating Activities | 8 265 | |||
| Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax | -343 000 | 923 000 | 1 767 001 | 2 326 000 |
| Further Item Interest Expense Component Total Interest Expense | 111 000 | 85 000 | 42 000 | 28 000 |
| Future Minimum Lease Payments Under Non-cancellable Operating Leases | 11 081 | 7 819 | 7 162 | 24 061 |
| Gain Loss In Cash Flows From Change In Creditors Trade Other Payables | -2 206 332 | 441 389 | 2 098 318 | 65 219 |
| Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables | 1 106 200 | -460 968 | -520 226 | 116 956 |
| Gross Profit Loss | 1 553 304 | 831 102 | 1 761 992 | 3 353 540 |
| Income Tax Expense Credit On Components Other Comprehensive Income | -58 310 | 156 910 | 335 730 | 520 260 |
| Increase Decrease Due To Transfers Between Classes Property Plant Equipment | 6 543 | 21 503 | ||
| Increase Decrease Due To Transfers Into Or Out Intangible Assets | -21 500 | |||
| Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation | 476 829 | 524 907 | 802 874 | -297 238 |
| Increase Decrease In Current Tax From Adjustment For Prior Periods | -2 687 | |||
| Increase Decrease In Stocks Inventories Finished Goods Work In Progress | -1 135 714 | -848 349 | 1 202 634 | 2 339 590 |
| Increase From Depreciation Charge For Year Property Plant Equipment | 106 126 | 101 373 | 101 867 | |
| Increase In Assets Defined Benefit Plan From Contributions By Employer | 142 000 | 151 000 | 132 000 | 138 000 |
| Increase In Liabilities Defined Benefit Plan From Interest Expense | 351 000 | 279 000 | 175 000 | 248 000 |
| Intangible Assets Gross Cost | 21 500 | 21 500 | 21 500 | |
| Interest Payable Similar Charges Finance Costs | 111 000 | 85 000 | 42 000 | 28 000 |
| Liabilities Defined Benefit Plan Present Value | 14 150 000 | 13 700 000 | 12 600 000 | 8 000 000 |
| Net Cash Flows From Used In Investing Activities | 49 574 | 32 043 | 146 473 | 56 595 |
| Net Cash Flows From Used In Operating Activities | -526 403 | -556 950 | -949 347 | 240 643 |
| Net Cash Generated From Operations | -526 403 | -548 685 | -949 347 | 240 643 |
| Net Current Assets Liabilities | 7 548 669 | 7 075 474 | 7 208 281 | 8 447 101 |
| Number Shares Issued Fully Paid | 3 403 812 | 3 403 812 | 3 403 812 | |
| Operating Profit Loss | 528 878 | -235 211 | 604 516 | 1 952 907 |
| Other Comprehensive Income Expense Net Tax | -284 690 | 766 090 | 1 431 271 | 1 805 740 |
| Other Creditors | 2 996 | 2 793 | ||
| Other Deferred Tax Expense Credit | 81 156 | 62 | -30 420 | 329 309 |
| Other Taxation Social Security Payable | 25 376 | 17 168 | 18 964 | 29 174 |
| Par Value Share | 1 | 1 | 1 | |
| Pension Other Post-employment Benefit Costs Other Pension Costs | 65 655 | 61 494 | 63 017 | 60 497 |
| Prepayments Accrued Income | 34 415 | 44 705 | 43 877 | 89 086 |
| Proceeds From Sales Property Plant Equipment | -1 788 | |||
| Profit Loss | 336 280 | -320 273 | 592 936 | 1 595 598 |
| Profit Loss On Ordinary Activities Before Tax | 417 878 | -320 211 | 562 516 | 1 924 907 |
| Property Plant Equipment Gross Cost | 3 369 912 | 3 401 955 | 3 548 428 | 3 622 044 |
| Provisions | 97 946 | 93 851 | 104 551 | 332 764 |
| Provisions For Liabilities Balance Sheet Subtotal | 97 946 | 93 851 | 104 551 | 332 764 |
| Provisions Used | 11 037 | |||
| Purchase Property Plant Equipment | -49 574 | -32 043 | -146 473 | -58 383 |
| Raw Materials | 1 043 595 | 1 236 134 | 2 254 858 | 2 030 916 |
| Recoverable Value-added Tax | 94 157 | |||
| Retirement Benefit Obligations Surplus | 4 325 000 | 3 336 000 | 1 479 000 | -957 000 |
| Return On Assets Benefit Plan | 240 000 | 194 000 | 133 000 | 220 000 |
| Social Security Costs | 82 810 | 78 572 | 72 145 | 100 393 |
| Staff Costs Employee Benefits Expense | 958 766 | 940 803 | 952 036 | 1 092 295 |
| Tax Decrease From Utilisation Tax Losses | -36 719 | 146 336 | 8 843 | |
| Tax Decrease Increase From Effect Revenue Exempt From Taxation | 144 | |||
| Tax Expense Credit Applicable Tax Rate | 79 397 | -60 840 | 106 878 | 365 732 |
| Tax Increase Decrease From Effect Capital Allowances Depreciation | 10 842 | 11 427 | 15 358 | 4 355 |
| Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss | 336 | 216 | 224 | 2 |
| Tax Tax Credit On Profit Or Loss On Ordinary Activities | 81 598 | 62 | -30 420 | 329 309 |
| Total Additions Including From Business Combinations Property Plant Equipment | 32 043 | 146 473 | 58 383 | |
| Total Assets Less Current Liabilities | 10 069 644 | 9 522 366 | 9 700 273 | 10 893 824 |
| Total Operating Lease Payments | 36 124 | 33 274 | 30 788 | 32 506 |
| Trade Creditors Trade Payables | 212 476 | 262 648 | 309 531 | 362 248 |
| Trade Debtors Trade Receivables | 1 427 351 | 1 764 288 | 2 408 326 | 2 246 161 |
| Transfers Between P P E Classes Increase Decrease In Depreciation Impairment | 21 500 | |||
| Transfers Into Or Out Intangible Assets Increase Decrease In Amortisation Impairment | -21 500 | |||
| Turnover Revenue | 13 217 717 | 10 646 839 | 14 019 451 | 17 878 525 |
| Wages Salaries | 810 301 | 800 737 | 816 874 | 931 405 |
| Type | Category | Free download | |
|---|---|---|---|
| AA |
Full accounts for the period ending 31st December 2022 filed on: 19th, September 2023 |
accounts | Free Download (31 pages) |
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