Avakas Developments Limited in Eltham, SE9 6AR

Description

Data updated on: 01-11-2023

Registered with number 07438018 14 years ago, Avakas Developments Limited was set up as a Private Limited Company. The business latest registration address is Unit 7 Mulberry Place, Pinnell Road Eltham. This business's Standard Industrial Classification Code is 68209 which means Other letting and operating of own or leased real estate. Avakas Developments Ltd released its account information for the financial period up to December 31, 2022. The business latest confirmation statement was released on November 12, 2022.

Taking into consideration this specific company's size, it became unavoidable to find new directors: Gavin M., Joseph M. and James T. who have been collaborating since 11th August 2021 to exercise independent judgement of this limited company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-02-28	2014-02-28	2015-02-28	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	421 845	681 028	2 649 591	1 966 865	115 232

Balance Sheet
Cash Bank In Hand	250 749	11 217	149 493	5 261	265 564
Cash Bank On Hand					265 564	17 990	219 374	102 110	185 579	28 017	63 652	46 908
Current Assets	251 824	25 822	345 146	236 738	5 484 535	6 696 209	8 045 039	7 688 844	2 718 005	2 276 471	1 313 703	340 904
Debtors	1 075	14 605	195 653	231 477	18 314	940 551	2 039 599	1 171 184	1 177 809	1 133 192	935 766	21 454
Net Assets Liabilities					90 232	-429 655	1 167 541	-700 334	-2 117 188	-2 748 346
Net Assets Liabilities Including Pension Asset Liability	421 845	681 028	2 649 591	1 966 865	115 232
Other Debtors					18 314	940 551	2 039 599	1 167 411	1 166 723	1 128 041	911 175	12 750
Property Plant Equipment					703	480	246
Stocks Inventory				3 172 372	5 200 657
Tangible Fixed Assets	797 425	1 473 165	1 098 518	3 172 372	703
Total Inventories					5 200 657	5 737 668	5 786 066	6 415 550	1 354 617	1 115 262	314 285	272 542

Capital & Reserves
Called Up Share Capital	2	2	2	2	2
Profit Loss Account Reserve	-32 198	-498 461	-1 115 714	-2 183 696	-2 882 283
Shareholder Funds	421 845	681 028	2 649 591	1 966 865	115 232

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					1 123	1 346	1 580	1 826	1 826	1 826	1 826
Bank Borrowings					7 103 641	3 499 287	1 510 613	1 972 277
Bank Borrowings Overdrafts					6 947 641	3 292 560	858 890	1 972 277
Creditors					11 492 641	6 684 068	4 108 890	3 650 000	3 200 000	5 024 830	2 901 166	595 102
Creditors Due After One Year	1 747 104	3 468 226	7 559 342	10 485 777	11 492 641
Creditors Due Within One Year	1 045 300	2 502 324	2 376 487	3 235 691	3 406 364
Disposals Investment Property Fair Value Model						3 537 551	2 684 000
Dividends Paid								87 624		37 667	171 911	21 989
Fixed Assets	2 962 425	6 625 756	12 240 274	15 451 595	9 529 702	2 684 516	282	24	15	13	13	13
Increase From Depreciation Charge For Year Property Plant Equipment						223	234	246
Investment Property					9 528 999	2 684 000
Investment Property Fair Value Model					9 528 999	2 684 000
Investments Fixed Assets						36	36	24	15	13	13	13
Investments In Group Undertakings						36	36	24	15	13	13	13
Net Current Assets Liabilities	-793 476	-2 476 502	-2 031 341	-2 931 953	2 078 171	3 569 897	5 276 149	2 949 642	1 082 797	-2 748 359	-1 587 463	-254 198
Number Shares Allotted		2	2	2	2
Number Shares Issued Fully Paid								2	2	2	2	2
Other Creditors					4 545 000	3 391 508	3 250 000	3 650 000	3 200 000	5 018 917	2 894 715	574 694
Other Taxation Social Security Payable							254 220	9 430	743	825		103
Par Value Share		1	1	1	1			1	1	1	1	1
Profit Loss					-1 478 633	-1 327 827	340 167	-1 780 251	-1 416 854	-593 491	1 329 652	1 355 254
Property Plant Equipment Gross Cost					1 826	1 826	1 826	1 826	1 826	1 826	1 826
Provisions For Liabilities Balance Sheet Subtotal					25 000
Revaluation Reserve	454 041	1 179 487	3 765 303	4 150 559	2 997 513
Secured Debts	711 009	4 409 071	7 559 342	10 842 777	11 715 641
Share Capital Allotted Called Up Paid	2	2	2	2	2
Tangible Fixed Assets Additions		1 800 007	4 131 857	2 079 724	937
Tangible Fixed Assets Cost Or Valuation	797 647	1 473 610	1 099 185	889	1 826
Tangible Fixed Assets Depreciation	222	445	667	889	1 123
Tangible Fixed Assets Depreciation Charged In Period		223	222	222	234
Tangible Fixed Assets Disposals			1 283 535		1 132 132
Tangible Fixed Assets Increase Decrease From Revaluations		725 446	2 585 816	385 256	-1 153 046
Tangible Fixed Assets Increase Decrease From Transfers Between Items		-1 124 044	-4 506 282	-5 648	-480 000
Total Assets Less Current Liabilities	2 168 949	4 149 254	10 208 933	12 519 642	11 607 873	6 254 413	5 276 431	2 949 666	1 082 812	-2 748 346	-1 587 450	-254 185
Total Borrowings					11 715 641	6 957 795	4 960 613	6 422 277	3 200 000
Trade Creditors Trade Payables					102 307	161 790	8 691	16 789	442	5 088	6 451	20 305
Trade Debtors Trade Receivables								3 773	11 086	5 151	24 591	8 704