Wetfield Limited in Letchworth Garden City, SG6 9BL

Description

Data updated on: 01-11-2023

Wetfield Limited has been prospering on the local market for at least twenty three years. Started with Registered No. 04341395 in the year 2001, it is registered at Po Box 501 The Nexus Building Broadway, Letchworth Garden City SG6 9BL. The firm's declared SIC number is 68209, that means Other letting and operating of own or leased real estate. The company's most recent financial reports describe the period up to 2022/06/30 and the latest confirmation statement was filed on 2023/01/14.

Currently, the firm is governed by 1 director: Anne T., who was chosen to lead the company twenty two years ago. Since March 2002 Vernon T., had been managing the following firm until the resignation 5 years ago.

Anne T. is the individual who has control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-12-31	2015-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2022-06-30	2023-06-30
Currency
Net Worth	233 653	240 048

Balance Sheet
Cash Bank On Hand			3 075	176	33	743	94 604	81 698
Current Assets	113 587	234 318	207 712	32 435	63 710	95 418	94 703	81 798
Debtors	113 517	233 160	204 637	32 259	63 677	94 675	99	100
Net Assets Liabilities			234 264	235 944	258 952	228 675	216 045	196 098
Other Debtors			204 637	32 259	63 677	94 675	99	100
Property Plant Equipment			575 029	574 145	443 261	142 377	141 050	140 165
Cash Bank In Hand	70	1 158
Net Assets Liabilities Including Pension Asset Liability	233 653	240 048
Tangible Fixed Assets	632 107	576 797

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	55 795	62 190
Shareholder Funds	233 653	240 048

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment			2 973	3 857	4 741	5 625	6 952	7 837
Average Number Employees During Period				2	2	1	1	1
Bank Borrowings Overdrafts			327 341	328 427	238 417
Corporation Tax Payable			4 145	4 901	4 716	4 098	808	515
Creditors			527 222	367 949	245 500	6 768	17 608	23 934
Increase From Depreciation Charge For Year Property Plant Equipment				884	884	884	1 327	885
Net Current Assets Liabilities	-64 271	223 282	189 312	-335 514	-181 790	88 650	77 095	57 864
Number Shares Issued Fully Paid				100
Other Creditors			199 881	34 621	2 367	1 600	16 800	23 419
Other Disposals Property Plant Equipment					130 000	300 000
Par Value Share				1
Property Plant Equipment Gross Cost			578 002	578 002	448 002	148 002	148 002
Provisions For Liabilities Balance Sheet Subtotal			2 855	2 687	2 519	2 352	2 100	1 931
Total Assets Less Current Liabilities	567 836	800 079	764 341	238 631	261 471	231 027	218 145	198 029
Trade Creditors Trade Payables						1 070
Creditors Due After One Year	334 183	556 672
Creditors Due Within One Year	177 858	11 036
Fixed Assets	632 107	576 797
Provisions For Liabilities Charges		3 359
Revaluation Reserve	177 758	177 758
Secured Debts	169 706	281 198
Tangible Fixed Assets Additions		17 680
Tangible Fixed Assets Cost Or Valuation	632 428	578 002
Tangible Fixed Assets Depreciation	321	1 205
Tangible Fixed Assets Depreciation Charged In Period		884
Tangible Fixed Assets Disposals		72 106