24-7 Motorsport Limited in Norwich, NR16 1NF

Description

Data updated on: 01-11-2023

24-7 Motorsport Limited with reg. no. 11614049 has been on the market for 6 years. The Private Limited Company can be reached at Unit 5 Oaks Farm Besthorpe Road, Carleton Rode, Norwich and its postal code is NR16 1NF. The firm's Standard Industrial Classification Code is 93199 which means Other sports activities. Its most recent financial reports cover the period up to 2022-10-31 and the most recent confirmation statement was submitted on 2023-06-08.

At the moment, this specific company is directed by 1 managing director: Phillip H., who was chosen to lead the company in October 2018.

Executives who have control over the firm are as follows: Chris G. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Phillip H. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31
Currency

Balance Sheet
Cash Bank On Hand	11 508	18 237	30 486	41 198	40 643
Current Assets	58 216	54 121	93 416	105 860	106 483
Debtors	6 208	23 384	26 561	11 662	2 840
Net Assets Liabilities	51 414	11 452	41 111	65 704	61 947
Property Plant Equipment	8 773	14 364	15 141	47 365	44 194
Total Inventories	40 500	12 500	36 369	53 000	63 000

Other Financial Data
Version Production Software		2 022	2 023		2 023
Accrued Liabilities	513	563	613	663	750
Accumulated Depreciation Impairment Property Plant Equipment	2 928	7 722	11 817	18 215	32 158
Additions Other Than Through Business Combinations Property Plant Equipment	11 701	10 385	4 872	38 622	10 772
Average Number Employees During Period	2	2	2	2	2
Bank Borrowings		40 000	27 382	27 860	11 259
Bank Borrowings Overdrafts			10 336	6 120	23 755
Creditors	15 575	17 033	40 064	31 461	63 123
Finance Lease Liabilities Present Value Total				28 200	7 832
Increase From Depreciation Charge For Year Property Plant Equipment	2 928	4 794	4 095	6 398	13 943
Loans From Directors	3 870	725	770	1 711	2 646
Net Current Assets Liabilities	42 641	37 088	53 352	74 399	43 360
Nominal Value Allotted Share Capital	3	3	3	3	3
Number Shares Allotted	286	286	286	286	286
Par Value Share	0	0	0	0	0
Prepayments Accrued Income	43
Property Plant Equipment Gross Cost	11 701	22 086	26 958	65 580	76 352
Raw Materials Consumables	2 500
Taxation Social Security Payable	553	545	476	702	1 129
Total Assets Less Current Liabilities	51 414	51 452	68 493	121 764	87 554
Trade Creditors Trade Payables	5 871	9 046	10 473	7 338	7 764
Trade Debtors Trade Receivables	6 165	23 384	26 561	11 662	2 840
Value-added Tax Payable	4 768	6 154	17 396	14 927	19 247
Work In Progress	38 000
Advances Credits Directors	-3 870	-3 870
Advances Credits Made In Period Directors	4 618
Advances Credits Repaid In Period Directors	8 488
Amount Specific Advance Or Credit Directors	-3 870	-3 870
Amount Specific Advance Or Credit Made In Period Directors	4 618
Amount Specific Advance Or Credit Repaid In Period Directors	8 488

Company staff

Phillip H.

Role: Director

Appointed: 10 October 2018

Latest update: 6 April 2024

People with significant control

Chris G.

Notified on 27 November 2018

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Phillip H.

Notified on 10 October 2018

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

right to manage directors

Accounts Documents

Account next due date	31 July 2024
Account last made up date	31 October 2022
Confirmation statement next due date	22 June 2024
Confirmation statement last made up date	08 June 2023

Annual Accounts
Start Date For Period Covered By Report	10 October 2018
End Date For Period Covered By Report	31 October 2019
Annual Accounts
Start Date For Period Covered By Report	1 November 2019
End Date For Period Covered By Report	31 October 2020
Annual Accounts
Start Date For Period Covered By Report	1 November 2020
End Date For Period Covered By Report	31 October 2021
Annual Accounts
Start Date For Period Covered By Report	1 November 2021
End Date For Period Covered By Report	31 October 2022
Annual Accounts
Start Date For Period Covered By Report	1 November 2022
End Date For Period Covered By Report	31 October 2023

24-7 Motorsport Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Phillip H.

People with significant control

Chris G.

Phillip H.

Accounts Documents

Company filings

Filing category

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