Abacus High Quality Painters & Decorators Limited in Newcastle, ST5 1DU

Description

Data updated on: 01-11-2023

This business known as Abacus High Quality Painters & Decorators was created on 2000-01-17 as a Private Limited Company. This enterprise's headquarters can be gotten hold of in Newcastle on 6 Marsh Parade. When you want to get in touch with the business by mail, its postal code is ST5 1DU. The registration number for Abacus High Quality Painters & Decorators Limited is 03907422. twenty four years ago the company changed its business name from Grindco 286 to Abacus High Quality Painters & Decorators Limited. This enterprise's classified under the NACE and SIC code 43341 and their NACE code stands for Painting. Abacus High Quality Painters & Decorators Ltd filed its latest accounts for the financial year up to March 31, 2022. The business most recent annual confirmation statement was filed on January 17, 2023.

At the moment, there’s only one managing director in the company: Victor N. (since 2000-04-03). This business had been directed by Giuseppe M. until 2012. To help the directors in their tasks, this particular business has been utilizing the expertise of Sandra N. as a secretary since 2003.

Previous company's names
Abacus High Quality Painters & Decorators Limited 2000-03-01
Grindco 286 Limited 2000-01-17

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	10 001	2 005	5 018	12 233	10 518	19 570	65 595
Current Assets	24 851	30 392	27 468	33 163	10 868	29 055	77 902
Debtors	14 850	28 387	22 450	20 930	350	9 485	12 307
Net Assets Liabilities	28 062	21 807	18 691	26 122	28 968	44 598	86 500
Other Debtors		3 287	1 780	1 820	350		2 546
Property Plant Equipment	54 025	55 049	42 057	32 076	38 271	47 300	54 395

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	44 366	32 303	46 086	56 497	41 473	56 679	41 982
Average Number Employees During Period	3	2	2	2	1	1	1
Bank Borrowings Overdrafts	3 925	10 955	5 294	2 496	675
Comprehensive Income Expense	18 951	21 245	16 884	32 431	22 846	40 630	69 902
Corporation Tax Payable	3 411	5 157	6 398	9 401	2 508	6 111	13 537
Creditors	40 052	52 625	42 423	33 023	12 899	22 771	32 198
Depreciation Rate Used For Property Plant Equipment			15	15	15	15	15
Disposals Decrease In Depreciation Impairment Property Plant Equipment		25 678			27 232		27 329
Disposals Property Plant Equipment		52 049			34 368		39 990
Dividends Paid	11 500	27 500	20 000	25 000	20 000	25 000	28 000
Fixed Assets	54 025	55 049	42 057	32 076	38 271	47 300	54 395
Income Expense Recognised Directly In Equity	-11 500	-27 500	-20 000	-25 000	-20 000	-25 000	-28 000
Increase From Depreciation Charge For Year Property Plant Equipment		13 615	13 784	10 411	12 208	15 207	12 632
Net Current Assets Liabilities	-15 201	-22 233	-14 955	140	-2 031	6 284	45 704
Other Creditors	23 527	29 005	23 015	13 466	6 138	13 920	4 942
Other Taxation Social Security Payable	6 601	1 089	5 002	5 676	2 383	2 371	10 234
Profit Loss	18 951	21 245	16 884	32 431	22 846	40 630	69 902
Property Plant Equipment Gross Cost	98 391	87 352	88 143	88 573	79 744	103 980	96 377
Provisions For Liabilities Balance Sheet Subtotal	10 762	11 009	8 411	6 094	7 272	8 986	13 599
Total Additions Including From Business Combinations Property Plant Equipment				430	25 539	24 236	32 387
Total Assets Less Current Liabilities	38 824	32 816	27 102	32 216	36 240	53 584	100 099
Trade Creditors Trade Payables	2 588	6 419	2 714	1 984	1 195	369	3 485
Trade Debtors Trade Receivables	14 850	25 100	20 670	19 110		9 485	9 761
Advances Credits Directors		2 429	1 780	1 820	3 182	104
Advances Credits Made In Period Directors		2 429		768	5 002
Advances Credits Repaid In Period Directors			649	728