Assured Credit Management Limited in Exeter, EX4 3LQ

Description

Data updated on: 01-11-2023

Assured Credit Management started its business in the year 1995 as a Private Limited Company under the following Company Registration No.: 03086602. The firm has been prospering for 29 years and it's currently active. This firm's registered office is located in Exeter at Michael House. You could also find the firm utilizing its post code, EX4 3LQ. This business's classified under the NACE and SIC code 56101 : Licensed restaurants. The latest financial reports describe the period up to 2022-03-31 and the most current confirmation statement was released on 2023-08-02.

We have a team of two directors supervising this particular limited company now, including Chloe S. and Joanne S. who have been performing the directors responsibilities since July 2021.

Financial data based on annual reports

Profit & Loss
Date of Accounts	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
Net Worth	88 450	53 024

Balance Sheet
Cash Bank On Hand		2 824	2 338	1 526	5 255	81	5 100	1 985	1 648
Current Assets	139 629	135 181	156 616	82 998	43 502	48 401	46 314	9 858	2 873
Debtors	125 082	114 982	134 291	55 458	31 817	41 966	40 508	1 473
Net Assets Liabilities		53 024	26 426	-24 574	-95 736	-123 612	-130 216	-172 281	-215 771
Other Debtors		114 982	127 884	35 315	764	4 951	1 927	1 473
Property Plant Equipment		48 973	38 567	57 543	63 398	54 096	41 112	30 297	20 098
Total Inventories		17 375	19 987	26 014	6 430	6 354	706	6 400
Cash Bank In Hand	4 008	2 824
Intangible Fixed Assets	24 375	16 875
Stocks Inventory	10 539	17 375
Tangible Fixed Assets	47 336	48 973

Capital & Reserves
Called Up Share Capital	3 361	3 361
Profit Loss Account Reserve	66 127	30 701
Shareholder Funds	88 450	53 024

Other Financial Data
Accrued Liabilities Deferred Income			7 738	2 500	2 775	3 030	5 105	5 206	2 112
Accumulated Amortisation Impairment Intangible Assets		13 125	20 625	28 125	30 000	30 000	30 000	30 000
Accumulated Depreciation Impairment Property Plant Equipment		26 484	38 728	50 473	67 208	83 642	97 510	109 692	119 891
Average Number Employees During Period					18	11	9	11	11
Bank Borrowings Overdrafts		79 323	74 812	69 965	65 241	62 100	114 391	95 721	46 163
Creditors		79 323	74 812	82 360	84 863	86 571	128 806	102 729	48 631
Deferred Tax Asset Debtors			6 407	18 370	31 053	37 015	38 581
Dividends Paid On Shares				1 875
Finance Lease Liabilities Present Value Total					11 444	8 388	4 847	745	745
Fixed Assets	71 711	65 848	47 942	59 418	63 398
Future Minimum Lease Payments Under Non-cancellable Operating Leases				97 500	82 500	67 500	52 500	37 500	22 500
Increase From Amortisation Charge For Year Intangible Assets			7 500	7 500	1 875
Increase From Depreciation Charge For Year Property Plant Equipment			12 244	11 745	16 735	16 434	13 868	12 182	10 199
Intangible Assets		16 875	9 375	1 875
Intangible Assets Gross Cost		30 000	30 000	30 000	30 000	30 000	30 000	30 000
Net Current Assets Liabilities	96 913	66 499	53 296	-1 632	-74 271	-91 137	-42 522	-99 849	-187 238
Number Shares Issued Fully Paid			3 361	3 361	3 361	3 361	3 361	3 361
Other Creditors		34 840	32 213	9 843	55 054	28 992	14 080	38 323	83 023
Other Remaining Borrowings			35 502	12 395	8 178	16 083	9 568	6 263	2 468
Other Taxation Social Security Payable		9 282	7 394	7 788	10 605	14 685	7 235	6 878	9 353
Par Value Share		1	1	1	1	1	1	1
Property Plant Equipment Gross Cost		75 457	77 295	108 016	130 606	137 738	138 622	139 989
Total Additions Including From Business Combinations Property Plant Equipment			1 838	30 721	22 590	7 132	884	1 367
Total Assets Less Current Liabilities	168 624	132 347	101 238	57 786	-10 873	-37 041	-1 410	-69 552	-167 140
Trade Creditors Trade Payables		20 270	16 043	34 430	17 745	40 682	20 781	22 184	18 589
Trade Debtors Trade Receivables				1 773
Creditors Due After One Year	78 994	79 323
Creditors Due Within One Year	42 716	68 682
Intangible Fixed Assets Aggregate Amortisation Impairment	5 625	13 125
Intangible Fixed Assets Amortisation Charged In Period		7 500
Intangible Fixed Assets Cost Or Valuation	30 000	30 000
Number Shares Allotted		3 361
Provisions For Liabilities Charges	1 180
Share Capital Allotted Called Up Paid	3 361	3 361
Share Premium Account	18 962	18 962
Tangible Fixed Assets Additions		15 123
Tangible Fixed Assets Cost Or Valuation	60 334	75 457
Tangible Fixed Assets Depreciation	13 000	26 484
Tangible Fixed Assets Depreciation Charged In Period		13 484