Ark Racing Limited in Willenhall, WV13 2NU

Description

Data updated on: 01-11-2023

This enterprise operates under the name of Ark Racing Limited. The firm was started 21 years ago and was registered under 04961765 as the reg. no. The office of this firm is located in Willenhall. You may visit them at Ark Racing Building, Croft Street. This business's principal business activity number is 29320 and has the NACE code: Manufacture of other parts and accessories for motor vehicles. Ark Racing Ltd released its account information for the financial year up to 2023-02-28. The company's latest confirmation statement was filed on 2023-08-16.

According to the latest data, there is a single managing director in the company: Nicholas B. (since 2003-11-12). The limited company had been led by David B. up until 2021. To provide support to the directors, the abovementioned limited company has been utilizing the skills of Nicholas B. as a secretary since 2003.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency

Balance Sheet
Cash Bank On Hand			142 757	159 798	118 491	221 621	202 396	168 834
Current Assets	192 135	188 234	242 697	256 737	244 967	329 174	276 138	282 567
Debtors			81 080	78 079	109 476	87 753	51 582	88 133
Net Assets Liabilities	210 814	231 300	265 501	316 428	315 297	410 124	443 984	502 646
Property Plant Equipment			221 508	402 920	369 583	343 495	388 264	406 918
Total Inventories			18 860	18 860	17 000	19 800	22 160	25 600
Other Debtors			36 635	25 378	17 569

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets			45 000	45 000	45 000	45 000	45 000
Accumulated Depreciation Impairment Property Plant Equipment			253 182	323 424	362 738	399 419	373 742	410 642
Average Number Employees During Period			6	6	6	7	8	8
Creditors	69 499	134 554	107 712	230 284	160 132	110 313	85 853	46 606
Increase From Depreciation Charge For Year Property Plant Equipment				70 242	39 314	36 681	41 112	54 506
Intangible Assets Gross Cost			45 000	45 000	45 000	45 000	45 000
Net Current Assets Liabilities	119 395	107 148	151 705	143 792	105 846	176 942	141 573	142 334
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment							66 789	17 606
Other Disposals Property Plant Equipment							67 104	17 933
Property Plant Equipment Gross Cost			474 690	726 344	732 321	742 914	762 006	817 560
Total Additions Including From Business Combinations Property Plant Equipment				251 654	5 977	10 593	86 196	73 487
Total Assets Less Current Liabilities	280 313	365 854	373 213	546 712	475 429	520 437	529 837	549 252
Amount Specific Advance Or Credit Directors	16 767	28 743	34 184	23 822
Amount Specific Advance Or Credit Made In Period Directors	43 547	48 176	60 441
Amount Specific Advance Or Credit Repaid In Period Directors	30 234	36 200	55 000	10 362	23 822
Finance Lease Liabilities Present Value Total			53 108	181 512	117 146
Fixed Assets	160 918	258 706	221 508	402 920	369 583
Increase Decrease In Property Plant Equipment				224 500
Other Creditors			54 604	48 772	42 986
Other Taxation Social Security Payable			33 246	16 441	24 167
Trade Creditors Trade Payables			27 901	17 459	40 766
Trade Debtors Trade Receivables			44 445	52 701	33 304
Amounts Owed By Group Undertakings					58 603