Axcel Hospitality (manchester) Limited in Croydon, CR0 2NB

Description

Data updated on: 01-11-2023

Axcel Hospitality (manchester) Limited can be found at Croydon at 2nd Floor. You can look up the firm by its zip code - CR0 2NB. The enterprise has been in the field on the English market for ten years. This enterprise is registered under the number 09718936 and its current status is active. The firm's SIC code is 55100 and their NACE code stands for Hotels and similar accommodation. Axcel Hospitality (manchester) Ltd filed its account information for the period that ended on Saturday 31st December 2022. The company's most recent annual confirmation statement was filed on Friday 4th August 2023.

Currently, the directors chosen by the business include: Shamir P. appointed in 2015 and Sunil P. appointed in 2015.

The companies that control this firm include: Axcel Group Limited owns over 3/4 of company shares. This business can be reached in Croydon at Dingwall Road, CR0 2NB and was registered as a PSC under the registration number 07206164.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
Currency

Balance Sheet
Cash Bank On Hand	776 230	62 564	158 966	1 087 623	383 795	1 182 344	1 133 289	1 876 241
Current Assets	822 107	106 194	1 094 240	1 354 511	1 107 479	1 917 549	1 568 284	2 242 445
Debtors	45 877	43 630	921 157	258 262	720 312	728 093	429 124	357 797
Net Assets Liabilities	-114 899	-582 329	6 848 058	11 429 411	13 419 804	14 157 300	13 649 728	13 890 598
Other Debtors		38 000	905 662	107 606	105 687	65 960	273 806	222 346
Property Plant Equipment	3 292 163	11 423 030	25 000 000	28 500 000	28 500 000	28 500 000	27 300 000	26 000 000
Total Inventories			14 117	8 626	3 372	7 112	5 871	8 407

Other Financial Data
Audit Fees Expenses							4 003	4 335
Accrued Liabilities Deferred Income					3 057	4 743	29 629	27 930
Accumulated Amortisation Impairment Intangible Assets		1 025	2 050	3 075	4 100	5 124	6 149	7 174
Accumulated Depreciation Impairment Property Plant Equipment			176 221
Additional Provisions Increase From New Provisions Recognised			996 391	422 615	38 011	-29 425	-300 000	-325 000
Administrative Expenses							2 343 265	2 470 610
Amortisation Expense Intangible Assets							1 025	1 025
Amounts Owed By Group Undertakings	792			546	538 938	555 106	11 102	546
Amounts Owed To Group Undertakings	2 411 258	4 628 036	38 659	9 595			25 460	131 913
Average Number Employees During Period	1	1	13	24	22	35	54	53
Bank Borrowings		4 344 315	12 533 580	13 400 000	33 333	936 667	368 550	11 670 739
Bank Borrowings Overdrafts		4 344 315	12 533 580	13 400 000	13 666 666	12 862 500	11 916 439	11 179 339
Bank Overdrafts		997	2 628	1 558	1 448	2 289	2 411	3 033
Cash Cash Equivalents Cash Flow Value							1 130 878	1 873 208
Comprehensive Income Expense							19 464	240 870
Corporation Tax Payable								144 309
Cost Sales							646 378	745 764
Creditors	4 087 875	11 808 272	16 554 490	16 152 904	14 379 999	13 549 167	12 576 439	11 812 675
Current Tax For Period								144 309
Depreciation Amortisation Expense							1 025	1 025
Dividends Paid							37 500
Dividends Paid Classified As Financing Activities							-37 500
Dividends Paid On Shares Final							37 500
Fixed Assets	3 292 163	11 452 751	25 028 696	28 527 671	28 526 646	28 525 622	27 324 597	26 023 572
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax							-1 200 000	-1 300 000
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss							1 445	12 769
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables							256 342	-179 868
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables							-245 161	60 225
Gross Profit Loss							3 742 750	4 453 209
Income Tax Expense Credit On Components Other Comprehensive Income							-300 000	-325 000
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation							-49 177	742 330
Increase Decrease In Stocks Inventories Finished Goods Work In Progress							-1 241	2 536
Increase From Amortisation Charge For Year Intangible Assets		1 025	1 025	1 025	1 025	1 024	1 025	1 025
Increase From Depreciation Charge For Year Property Plant Equipment			613 544	517 896	517 896
Intangible Assets		29 721	28 696	27 671	26 646	25 622	24 597	23 572
Intangible Assets Gross Cost		30 746	30 746	30 746	30 746	30 746	30 746
Interest Expense On Bank Loans Similar Borrowings							517 790	649 087
Interest Paid Classified As Operating Activities							-517 790	-649 087
Interest Payable Similar Charges Finance Costs							517 790	649 087
Issue Bonus Shares Decrease Increase In Equity			437 323	889 583	517 896
Merchandise							5 871	8 407
Net Cash Flows From Used In Financing Activities							982 088	496 695
Net Cash Flows From Used In Investing Activities							-11 102
Net Cash Flows From Used In Operating Activities							-921 809	-1 239 025
Net Cash Generated From Operations							-1 439 599	-1 888 112
Net Current Assets Liabilities	680 813	-226 808	-629 757	473 650	730 174	608 437	518 698	971 829
Net Interest Received Paid Classified As Investing Activities							-11 102
Nominal Value Shares Issued Specific Share Issue	1
Number Shares Issued Fully Paid	100	100	100	100	100	100	100	100
Number Shares Issued Specific Share Issue	100
Operating Profit Loss							1 426 152	2 009 266
Other Comprehensive Income Expense Net Tax							-900 000	-975 000
Other Creditors	4 087 875	245 319	793 333	740 000	713 333	686 667	660 000	106 669
Other Interest Receivable Similar Income Finance Income							11 102
Other Operating Income Format1							26 667	26 667
Other Taxation Social Security Payable							1	3 589
Par Value Share	1	1	1	1	1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs							11 018	15 278
Proceeds From Borrowings Classified As Financing Activities							-24 682 489
Profit Loss			3 327 437	1 107 922	1 310 451	708 071	919 464	1 215 870
Profit Loss On Ordinary Activities Before Tax							919 464	1 360 179
Property Plant Equipment Gross Cost	3 292 163	11 423 030	25 176 221	28 500 000	28 500 000	28 500 000	27 300 000	26 000 000
Provisions			996 391	1 419 006	1 457 017	1 427 592	1 917 128	1 292 128
Provisions For Liabilities Balance Sheet Subtotal			996 391	1 419 006	1 457 017	1 427 592	1 617 128	1 292 128
Recoverable Value-added Tax	45 085	5 630			2 337
Repayments Borrowings Classified As Financing Activities							-26 196 667	-614 250
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment			-437 323	-694 117	-517 896
Staff Costs Employee Benefits Expense							958 519	1 124 073
Tax Tax Credit On Profit Or Loss On Ordinary Activities								144 309
Total Additions Including From Business Combinations Intangible Assets		30 746
Total Additions Including From Business Combinations Property Plant Equipment	3 292 163	8 130 867	9 286 640	121 851	6 044
Total Assets Less Current Liabilities	3 972 976	11 225 943	24 398 939	29 001 321	29 256 820	29 134 059	27 843 295	26 995 401
Total Borrowings		4 345 312	12 536 208	13 401 558	34 781	938 956	370 961	11 673 772
Total Increase Decrease From Revaluations Property Plant Equipment			4 466 551	3 201 928	200 057		-1 200 000	-1 300 000
Total Operating Lease Payments							243 744	268 722
Trade Creditors Trade Payables	118 314	59 675	702 289	377 053	266 464	177 210	335 360	138 138
Trade Debtors Trade Receivables			15 495	150 110	72 804	106 355	143 670	134 905
Turnover Revenue							4 389 128	5 198 973
Wages Salaries							947 501	1 108 795
Disposals Property Plant Equipment					206 101
Increase Decrease Due To Transfers Between Classes Property Plant Equipment				736 430
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment				176 221

Company staff

Shamir P.

Role: Director

Appointed: 05 August 2015

Latest update: 5 March 2025

Sunil P.

Role: Director

Appointed: 05 August 2015

Latest update: 5 March 2025

People with significant control

Axcel Group Limited

Address: 2nd Floor, 29 Dingwall Road, Croydon, CR0 2NB, England

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered United Kingdom

Place registered Registrar Of Companies For England And Wales

Registration number 07206164

Notified on 4 August 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	18 August 2024
Confirmation statement last made up date	04 August 2023

Annual Accounts
Start Date For Period Covered By Report	05 August 2015
End Date For Period Covered By Report	31 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2017
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022
Annual Accounts
Start Date For Period Covered By Report	01 January 2023
End Date For Period Covered By Report	31 December 2023

Axcel Hospitality (manchester) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Shamir P.

Sunil P.

People with significant control

Axcel Group Limited

Accounts Documents

Company filings

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