Areco Limited in Aldridge, Walsall, WS9 8DJ

Description

Data updated on: 01-11-2023

Areco is a business registered at WS9 8DJ Aldridge, Walsall at Watts Clift Holdings Limited. The company was established in 2007 and is registered under the registration number 06057526. The company has been operating on the British market for 17 years now and company current state is active. The company's SIC and NACE codes are 46900 and has the NACE code: Non-specialised wholesale trade. Areco Ltd reported its latest accounts for the financial year up to 2022-04-30. The company's most recent confirmation statement was filed on 2022-12-14.

In order to be able to match the demands of the clients, this business is continually improved by a team of five directors who are, to enumerate a few, Paul B., Helena T. and Suzanne U.. Their mutual commitment has been of cardinal importance to the business for one year.

The companies with significant control over this firm include: Watts Clift Holdings Limited owns over 3/4 of company shares. This business can be reached in Walsall at Westgate, Aldridge, WS9 8DJ and was registered as a PSC under the reg no 00751983.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency

Balance Sheet
Cash Bank On Hand	70 867	60 778	70 583	142 917	271 321
Current Assets	765 345	967 501	897 085	1 021 724	1 354 583
Debtors	403 801	536 779	448 877	568 126	569 946
Net Assets Liabilities	740 217	852 237	1 058 904	1 413 100
Other Debtors	32 583	16 818	33 059	147 442	125 175
Property Plant Equipment	877 252	862 881	842 902	1 020 079	1 014 595
Total Inventories	290 677	369 944	377 625	310 681	513 316

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	156 134	163 114	183 495	203 034	215 737
Additional Provisions Increase From New Provisions Recognised			-2 237	-2 353	-626
Amounts Owed By Group Undertakings	1 779	200 000
Amounts Owed To Group Undertakings	29 760	46 878	24 198	27 843	32 167
Average Number Employees During Period	11	10	9	9	9
Bank Borrowings	435 613	416 831
Bank Borrowings Overdrafts	413 449	393 227
Creditors	413 449	393 227	680 739	628 703	754 614
Deferred Tax Liabilities		2 581	344
Disposals Decrease In Depreciation Impairment Property Plant Equipment		16 655
Disposals Property Plant Equipment		22 206
Future Minimum Lease Payments Under Non-cancellable Operating Leases		7 359
Increase From Depreciation Charge For Year Property Plant Equipment		23 635	20 381	19 539	12 703
Net Current Assets Liabilities	276 414	385 164	216 346	393 021	599 969
Number Shares Issued Fully Paid		1 000	1 000	1 000	1 000
Other Creditors	22 808	24 254	32 196	90 602	44 965
Other Taxation Social Security Payable	23 914	7 374	86 961	54 643	73 363
Par Value Share		1	1	1	1
Property Plant Equipment Gross Cost	1 033 386	1 025 995	1 026 397	1 223 113	1 230 332
Provisions		2 581	344	-2 009	-2 635
Provisions For Liabilities Balance Sheet Subtotal		2 581	344
Total Additions Including From Business Combinations Property Plant Equipment		14 815	402	424	7 219
Total Assets Less Current Liabilities	1 153 666	1 248 045	1 059 248	1 413 100	1 614 564
Total Increase Decrease From Revaluations Property Plant Equipment				196 292
Trade Creditors Trade Payables	390 285	480 227	537 384	455 615	604 119
Trade Debtors Trade Receivables	369 439	319 961	415 818	420 684	444 771