Prosperity Developments Ltd in London, SE11 5QU

Description

Data updated on: 01-11-2023

Prosperity Developments is a business located at SE11 5QU London at 239-241 Kennington Lane. This enterprise has been in existence since 2004 and is registered under the identification number 05178939. This enterprise has been actively competing on the UK market for twenty years now and company last known status is active. The company's SIC code is 68100 - Buying and selling of own real estate. 2022-03-31 is the last time when company accounts were reported.

Regarding this specific business, the full range of director's obligations have so far been carried out by Ismet D. who was arranged to perform management duties on Wednesday 14th July 2004. That business had been directed by James P. till Thursday 7th April 2005. Additionally another director, specifically Selahi D. gave up the position on Wednesday 11th August 2004.

Executives who have control over the firm are as follows: Ismet D. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Selahi D. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-07-31	2012-07-31	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	138 051	180 824	243 329	390 757	308 755	983 967

Balance Sheet
Cash Bank In Hand	1 012	2 983	148 488	108 048	11 036	10 225
Cash Bank On Hand						10 225	1 355	1 651	3 330	340	3 269	2 967	6 461
Current Assets	2 682	4 823	839 231	1 046 869	1 641 604	2 782 574	3 135 384	2 671 488	3 140 686	3 211 167	3 341 153	3 424 998	3 529 424
Debtors	1 670	1 840	1 620	1 889	1 990	2 772 349	3 134 029	2 669 837	3 137 356	3 210 827	3 337 884	3 422 031	3 522 963
Net Assets Liabilities						983 967	1 436 340	1 369 670	1 029 551	1 665 237	1 706 175	1 701 140	1 742 041
Net Assets Liabilities Including Pension Asset Liability	138 051	180 824	243 329	390 757	308 755	983 967
Other Debtors	1 670	1 840				718 903	3 130 437	2 668 074	413 945	388 989	2 960 520	3 056 595	3 173 711
Property Plant Equipment						2 437 904	20 022	17 019	12 765	10 850	9 222	7 839
Stocks Inventory			689 123	936 932	1 628 578
Tangible Fixed Assets	3 004 261	3 006 247	3 006 124	3 009 244	3 020 432	2 437 904

Capital & Reserves
Called Up Share Capital	100 000	100 000	100 000	100 000	100 000	100 000
Profit Loss Account Reserve	38 051	80 824	143 329	290 757	208 755	883 967
Shareholder Funds	138 051	180 824	243 329	390 757	308 755	983 967

Other Financial Data
Amount Specific Advance Or Credit Directors					8 280	573 245	534 288	231 523	308 886	282 142	280 106	272 048
Amount Specific Advance Or Credit Made In Period Directors						581 525		765 811	540 409		89 166
Amount Specific Advance Or Credit Repaid In Period Directors							38 957	534 288		26 744	91 202	8 058
Accumulated Depreciation Impairment Property Plant Equipment						18 214	21 747	24 750	29 004	30 919	32 547	33 930	35 106
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss							101 445	-824	-827	-363	1 495	-263	-223
Additions Other Than Through Business Combinations Investment Property Fair Value Model								112 509	117 876	629 615
Average Number Employees During Period							4	4	4	4	4	4	3
Bank Borrowings						1 709 534	1 424 039	1 394 225
Bank Borrowings Overdrafts	2 828 279	2 751 775				1 709 534	1 392 871	1 364 412	7	17
Bank Borrowings Secured					3 831 490	1 709 534
Bank Overdrafts							1
Creditors						1 781 380	1 434 694	1 364 412	4 782 754	4 826 411	4 930 368	5 009 262	4 977 284
Creditors Due After One Year	2 828 279	2 751 775	3 495 729	3 577 486	4 302 381	1 781 380
Creditors Due Within One Year	40 613	78 471	106 297	87 870	50 900	2 450 497
Debtors Due Within One Year					1 990	2 772 349
Deferred Tax Liability						4 864
Disposals Property Plant Equipment							744 000
Fixed Assets	3 004 261	3 006 247	3 006 124	3 009 244	3 020 432	2 438 134	2 270 252	2 772 380	2 886 002	3 513 702	3 521 574	3 520 191	3 519 015
Increase Decrease Due To Transfers Between Classes Property Plant Equipment							-1 670 349
Increase From Depreciation Charge For Year Property Plant Equipment							3 533	3 003	4 254	1 915	1 628	1 383	1 176
Investment Property							2 250 000	2 362 509	2 480 385	3 110 000	3 119 500	3 119 500	3 119 500
Investment Property Fair Value Model							2 250 000	2 362 509	2 480 385	3 110 000	3 119 500	3 119 500
Investments Fixed Assets						230	230	392 852	392 852	392 852	392 852	392 852	392 852
Net Current Assets Liabilities	-37 931	-73 648	732 934	958 999	1 590 704	332 077	707 091	67 187	3 030 961	3 099 635	3 238 153	3 313 132	3 323 008
Number Shares Allotted	100 000	100 000		100 000	100 000	100 000
Number Shares Issued Fully Paid							100 000	100 000	100 000	100 000	100 000	100 000	100 000
Other Borrowings					470 891	71 846
Other Creditors						71 846	41 823	2 570 958	7 344	7 344
Other Investments Other Than Loans						230	230	392 622	392 622	392 622
Other Remaining Borrowings						71 846	41 823
Other Taxation Social Security Payable						144 250	145 631	2 487	102 374	104 171
Other Taxation Social Security Within One Year						582
Par Value Share	1	1		1	1	1	1	1	1	1	1	1	1
Profit Loss							452 373	-66 670	-340 119	635 686	40 938	-5 035	40 901
Profit Loss For Period	16 482	42 773				675 212
Property Plant Equipment Gross Cost						2 456 118	41 769	41 769	41 769	41 769	41 769	41 769
Provisions						4 864	106 309	105 485	104 658	121 689	123 184	122 921	122 698
Provisions Additional Amounts Provided						4 864
Provisions For Liabilities Balance Sheet Subtotal						4 864	106 309	105 485	104 658	121 689	123 184	122 921	122 698
Provisions For Liabilities Charges						4 864
Share Capital Allotted Called Up Paid	100 000	100 000	100 000	100 000	100 000	100 000
Tangible Fixed Assets Additions		4 140		4 810	14 157	1 671 666
Tangible Fixed Assets Cost Or Valuation	3 009 372	3 013 512	3 015 522	3 020 332	3 034 489	2 456 118
Tangible Fixed Assets Depreciation	5 111	7 265	9 398	11 088	14 057	18 214
Tangible Fixed Assets Depreciation Charged In Period		2 154		1 690	2 969	4 157
Tangible Fixed Assets Disposals						2 250 037
Tangible Fixed Assets Increase Decrease From Transfers Between Items						-191 390
Total Assets Less Current Liabilities	2 966 330	2 932 599	3 739 058	3 968 243	4 611 136	2 770 211	2 977 343	2 839 567	5 916 963	6 613 337	6 759 727	6 833 323	6 842 023
Total Borrowings						71 846	31 169
Trade Creditors Trade Payables						2 297 663	5 344	1 043
Trade Debtors Trade Receivables						2 053 446	3 592	1 763	10
Work In Progress					1 628 578
Additional Provisions Increase From New Provisions Recognised										17 394
Advances Credits Directors				8 280	8 280	573 245
Amounts Owed To Group Undertakings									4 782 754	4 826 411
Investments In Group Undertakings							230	230	230	230
Net Assets Liabilities Subsidiaries										-2 338 720	-2 593 687	-2 168 263
Percentage Class Share Held In Subsidiary											100	100
Profit Loss Subsidiaries										-90 323	254 967	-425 424
Director Remuneration	15 369	3 656
Director Remuneration Benefits Including Payments To Third Parties	15 369	3 656
Accruals Deferred Income Within One Year	3 320	6 920
Administrative Expenses	74 520	79 916
Depreciation Tangible Fixed Assets Expense	1 804	2 154
Gross Profit Loss	177 148	201 130
Interest Payable Similar Charges	86 146	69 782
Operating Profit Loss	102 628	121 214
Other Creditors Due Within One Year	37 293	62 892
Profit Loss On Ordinary Activities Before Tax	16 482	51 432
Taxation Social Security Due Within One Year		8 659
Tax On Profit Or Loss On Ordinary Activities		8 659
Turnover Gross Operating Revenue	177 148	201 130