Absolute Sports & Racing Limited in Tyseley, B11 2AA

Description

Data updated on: 05-09-2019

Registered with number 04137513 twenty three years ago, Absolute Sports & Racing Limited had been a private limited company until Tue, 23rd Jul 2019 - the time it was dissolved. The business last known office address was Fairgate House, 205 Kings Road Tyseley. The firm was known under the name Shareplant until Thu, 1st Mar 2001 when the business name was changed.

The following limited company had a single director: Glenn C. who was controlling it for 15 years.

Glenn C. was the individual with significant control over this firm, owned over 3/4 of company shares and had 3/4 to full of voting rights.

Previous company's names
Absolute Sports & Racing Limited 2001-03-01
Shareplant Limited 2001-01-09

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-02-28
Currency
Net Worth	-7 996	-17 480

Balance Sheet
Cash Bank On Hand		908	2 131	6 425
Current Assets	15 052	21 709	33 867	26 393
Debtors	14 233	20 801	31 736	19 968
Net Assets Liabilities			-30 568	-39 024	-62 873
Other Debtors		1 263	1 263	1 310
Property Plant Equipment		15 199	11 700	9 015
Cash Bank In Hand	819	908
Intangible Fixed Assets	29 716	24 763
Net Assets Liabilities Including Pension Asset Liability	-7 996	-17 480
Tangible Fixed Assets	19 768	15 199

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	-8 096	-17 580
Shareholder Funds	-7 996	-17 480

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets		24 765	29 718	34 671
Accumulated Depreciation Impairment Property Plant Equipment		22 068	25 567	28 252
Bank Borrowings Overdrafts		7 503		8 235	9 353
Bank Overdrafts		5 420		8 235	9 353
Corporation Tax Payable		10
Creditors		61 901	78 141	17 250	62 873
Fixed Assets	49 484	39 962	31 510	23 872
Increase From Amortisation Charge For Year Intangible Assets			4 953	4 953	4 540
Increase From Depreciation Charge For Year Property Plant Equipment			3 499	2 685	1 890
Intangible Assets		24 763	19 810	14 857
Intangible Assets Gross Cost		49 528	49 528	49 528
Net Current Assets Liabilities	-38 147	-40 192	-44 274	-44 752	-62 873
Number Shares Issued Fully Paid					100
Other Creditors		17 250	17 250	17 250	52 662
Other Disposals Decrease In Amortisation Impairment Intangible Assets					39 211
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					30 142
Other Disposals Intangible Assets					49 528
Other Disposals Property Plant Equipment					37 267
Other Taxation Social Security Payable		12		30
Par Value Share		1			1
Property Plant Equipment Gross Cost		37 267	37 267	37 267
Provisions For Liabilities Balance Sheet Subtotal			554	894
Taxation Including Deferred Taxation Balance Sheet Subtotal			554	894
Total Assets Less Current Liabilities	11 337	-230	-12 764	-20 880	-62 873
Trade Creditors Trade Payables		3 999	3 563	2 419	858
Trade Debtors Trade Receivables		19 538	30 473	18 658
Creditors Due After One Year	19 333	17 250
Creditors Due Within One Year	53 199	61 901
Intangible Fixed Assets Aggregate Amortisation Impairment	19 812	24 765
Intangible Fixed Assets Amortisation Charged In Period		4 953
Intangible Fixed Assets Cost Or Valuation	49 528
Number Shares Allotted		100
Secured Debts	8 424	7 503
Share Capital Allotted Called Up Paid	100	100
Tangible Fixed Assets Cost Or Valuation	37 267
Tangible Fixed Assets Depreciation	17 499	22 068
Tangible Fixed Assets Depreciation Charged In Period		4 569