Moller PCI Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 19, J Shed, Kings Road, Swansea Waterfront, Swansea, West Glamorgan, SA1 8PL.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Invoice discounting
The company factors its trade debtors via an invoice discounting facility. The debtors are included gross within trade debtors and any liability due to the invoice discounter is shown separately within current liabilities.
Debtors
Debtors are stated at their normal value and do not attract interest. Appropriate provision for estimated irrecoverable amounts are recognised in the profit and loss account when there is evidence of impairment.
Trade creditors
Trade creditors are stated at their normal value and do not attract interest.
The average monthly number of persons (including directors) employed by the company during the year was:
Included in other creditors is an amount due to Natwest in respect of an invoice discounting arrangement of £27,232 (2022 £214,193). The company entered into the invoice discounting agreement in 2014 and all of its trade debtors are included within this agreement. Amounts owed to Natwest are secured on the trade debtors.
As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:
The auditor's report was unqualified.
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:
The following secured debts are included within creditors:
Invoice discounting facility £27,232 (2022 £214,193)
These liabilities are secured by way of a fixed and floating charge over the assets of the company.
Platinum Controls Installations Limited
A company which owns shares in Moller PCI Limited.
During the period the company made sales of £0 (2022 £0) to and purchased services amounting to £420,379 (2022 £409,887) from Platinum Controls Installations Limited.
At the year end, the company owed £41,607 (2022 £41,094) to Platinum Controls Installations Limited. At the year end, the company was also owed £2,794 (2022 £24,263) by Platinum Controls Installations Limited
Moller Feuerfesttechnik GmbH & Co. KG
A company under common control.
During the year the company made sales of £2,025 (2022 £22,531) to and purchased £971,423 (2022 £865,559) from Moller Feuerfesttechnik GmbH & Co. KG. At the end of the period, the company owed £63,324 (2022 £96,240) to Moller Feuerfesttechnik GmbH & Co. KG. At the end of the period, the company was also owed £40.00 (2022 £22,531) by Moller Feuerfesttechnik GmbH & Co.KG.
Moller Sp. z o.o.
A company under common control.
During the year the company made sales of £1,652 (2022 £795) to and purchased £1,127,512 (2022 £838,660) from Moller Sp z o.o. At the end of the period, the company owed £76,381 (2022 £0) to Moller Sp z o.o.
Moller Portuguesa, Lda
A company under common control.
During the year the company made sales of £785 (2022 £0) to and purchased £401,120 (2022 £237,171) from Moller Portuguesa, Lda. At the end of the period, the company owed £0 (2022 £0) to Moller Portuguesa. At the end of the period, the company was owed £200 (2022 £0) by Moller Portuguesa, Lda.
Eberhardt GmbH
A company under common control.
During the year the company made sales of £0 (2022 £0) to and purchased £7,343 (2022 £0) from Eberhardt GmbH. At the end of the period, the company owed £0 (2022 £0) to Eberhardt GmbH.
Platcon Limited
A company under common control.
During the year the company made sales of £0 (2022 £0) to and purchased £12,550 (2022 £9,465) from Platcon Limited. At the end of the period, the company owed £1,162 (2022 £1,050) to Platcon Limited. At the end of the period, the company was also owed £1,100 (2022 £1,635) by Platcon Limited.
Roepke Beteiligungs - GmbH (German company)
A company which owns shares in Moller PCI Limited.
During the period the company made sales of £0 (2022 £0) to and purchased services amounting to £0 (2022 £0) from Roepke Beteiligungs - GmbH.
At the year end, the company was owed £0 (2022 £19,806) from Roepke Beteiligungs - GmbH.
The company's immediate parent company is Roepke Beteiligungs-GmbH (RBG) a company incorporated in Germany, whose address is Am Bauhof 21, 32657 Lemgo.
The ultimate holding company is ARL Vermoegensverwaltungs GmbH & Co KG, a company incorporated in Germany, whose address is Am Bauhof 21, 32657 Lemgo.