Abfad Limited in Washington, NE38 8BG

Description

Data updated on: 01-11-2023

Registered as 03165833 28 years ago, Abfad Limited was set up as a Private Limited Company. The current registration address is 8 Teal Farm Way, Teal Farm Park Washington. The company's SIC and NACE codes are 82990, that means Other business support service activities not elsewhere classified. The latest financial reports describe the period up to Fri, 31st Mar 2023 and the most current confirmation statement was filed on Tue, 28th Feb 2023.

The info we gathered describing the firm's members shows there are two directors: Christos H. and Alan F. who became a part of the team on Thu, 2nd Jan 1997 and Wed, 28th Feb 1996.

The companies that control this firm are as follows: The Magnet Partnership Limited owns over 3/4 of company shares. This business can be reached in Washington at Teal Farm Park, NE38 8BG, Tyne and Wear and was registered as a PSC under the registration number 07001882.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	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
Net Worth	64 702	31 764	32 213	40 365	85 759

Balance Sheet
Cash Bank On Hand					139 961	114 808	170 948	85 808	121 695	180 059	149 657	56 802
Current Assets	208 578	172 864		226 221	235 381	171 168	310 945	168 494	253 806	417 707	396 813	265 023
Debtors	139 250	94 553		70 896	69 420	36 360	114 665	70 686	122 112	221 648	182 156	138 721
Net Assets Liabilities							159 836	88 913	127 710	325 196	301 853	188 291
Other Debtors							8 159	239	511			3 212
Property Plant Equipment					51 928	34 619	5 760	4 747	2 366	28 652	24 445	17 652
Total Inventories					26 000	20 000	25 332	12 000	10 000	16 000	65 000	69 500
Cash Bank In Hand	68 378	77 434		105 160	139 961
Net Assets Liabilities Including Pension Asset Liability	64 702	31 764	32 213
Stocks Inventory	950	877		50 165	26 000
Tangible Fixed Assets	276 000	254 000	60 000	68 000	53 329

Capital & Reserves
Called Up Share Capital	201	201	201	201	201
Profit Loss Account Reserve	33 001	63	512	8 664	54 058
Shareholder Funds	64 702	31 764	32 213	40 365	85 759

Other Financial Data
Accrued Liabilities							6 250	6 310	4 576	4 463	3 768	3 815
Accumulated Depreciation Impairment Property Plant Equipment					229 346	246 655	275 797	278 100	280 481	261 098	268 318	275 111
Additions Other Than Through Business Combinations Property Plant Equipment								1 290		32 600	3 013
Amounts Owed By Related Parties										4 213	4 213	24 213
Average Number Employees During Period						10	10	8	8	8	8	6
Bank Borrowings										41 667	31 447	21 740
Creditors					247 314	164 940	156 869	84 328	128 462	41 667	31 447	21 740
Disposals Decrease In Depreciation Impairment Property Plant Equipment										-25 697
Disposals Property Plant Equipment										-25 697
Financial Commitments Other Than Capital Commitments							22 030	76 305	51 725	19 790	85 966	63 886
Finished Goods Goods For Resale							25 332	12 000	10 000	16 000	65 000	69 500
Increase From Depreciation Charge For Year Property Plant Equipment						17 309		2 303	2 381	6 314	7 220	6 793
Net Current Assets Liabilities	-161 950	-181 660	-27 787	-27 635	-11 933	6 228	154 076	84 166	125 344	342 862	314 076	192 379
Other Creditors					179 779	108 888	37 137	34 441	36 401	4 309	7 197	2 805
Prepayments							45 090	18 622	38 078	37 700	20 457	40 011
Property Plant Equipment Gross Cost					281 274		281 557	282 847	282 847	289 750	292 763	292 763
Provisions For Liabilities Balance Sheet Subtotal										4 651	5 221
Taxation Social Security Payable							20 938	13 679	20 552	22 460	18 470	13 282
Total Assets Less Current Liabilities	114 050	72 340	32 213	40 365	85 759	40 847			127 710	371 514	338 521	210 031
Total Borrowings										41 667	31 447	21 740
Trade Creditors Trade Payables					41 947	34 462	74 049	15 903	52 688	14 323	41 417	40 857
Trade Debtors Trade Receivables					69 420	36 360	25 390	35 215	83 523	179 735	138 212	51 134
Amount Specific Advance Or Credit Directors							-9 248	-6 998	-7 123	-44	-469
Amount Specific Advance Or Credit Made In Period Directors							26 000	2 600	1 375	24 435	125
Amount Specific Advance Or Credit Repaid In Period Directors								-350	-1 500	-17 356	-550
Bank Borrowings Overdrafts					9 212	2 728
Creditors Due After One Year	49 348	40 576
Creditors Due Within One Year	370 528	354 524	27 787	253 856	202 951
Number Shares Allotted		201	201	201	98
Other Taxation Social Security Payable					16 376	18 862
Par Value Share		1	1	1	1
Share Capital Allotted Called Up Paid	201	201	201	201	201
Share Premium Account				31 500	31 500
Tangible Fixed Assets Additions				23 741	1 237
Tangible Fixed Assets Cost Or Valuation	450 296	450 296	256 296	280 037	281 274
Tangible Fixed Assets Depreciation	174 296	196 296	196 296	212 037	227 945
Tangible Fixed Assets Depreciation Charged In Period		22 000		15 741	15 908
Tangible Fixed Assets Disposals			194 000

Company staff

Christos H.

Role: Secretary

Appointed: 22 March 2005

Latest update: 15 April 2024

Christos H.

Role: Director

Appointed: 02 January 1997

Latest update: 15 April 2024