Adara Group Limited in Northampton, NN3 3PA

Description

Data updated on: 01-11-2023

Adara Group came into being in 2016 as a company enlisted under no 09962699, located at NN3 3PA Northampton at 2 Seedfield Close. This company has been in business for eight years and its official state is active. This company began under the business name Ayceco (161), however for the last 8 years has been on the market under the business name Adara Group Limited. The company's SIC code is 87300: Residential care activities for the elderly and disabled. The company's most recent accounts cover the period up to 2022-03-31 and the most recent annual confirmation statement was released on 2023-07-12.

The data we obtained regarding this firm's members reveals the existence of two directors: Sandeep H. and Sutinder H. who became a part of the team on 2019-09-26 and 2016-01-21.

Executives with significant control over this firm are: Sutinder H. owns over 1/2 to 3/4 of company shares . John W. owns 1/2 or less of company shares. Donna H. owns 1/2 or less of company shares.

Previous company's names
Adara Group Limited 2016-02-22
Ayceco (161) Limited 2016-01-21

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	1 516 140	2 277 645	3 830 022	1 578 854
Current Assets	1 564 472	2 417 920	4 336 086	2 031 470
Debtors	48 332	140 275	506 064	452 616
Net Assets Liabilities	11 760 157	12 097 189	14 916 350	15 775 167
Property Plant Equipment	38 076	30 766	13 895 682

Other Financial Data
Accrued Liabilities	11 005	6 382	45 507	424 991
Accumulated Depreciation Impairment Property Plant Equipment	33 199	49 218	67 750	1 719
Additional Provisions Increase From New Provisions Recognised		-75 570	19 243	90 081
Amounts Owed By Group Undertakings		20 000	20 000	20 000
Amounts Owed To Group Undertakings	2 015 384	2 141 384	2 161 402	2 161 402
Average Number Employees During Period	120	147	158	191
Bank Borrowings	266 714	205 652	189 199	1 182 724
Bank Borrowings Overdrafts	2 481 223	2 338 699	2 181 762	206 343
Comprehensive Income Expense	2 228 906	-472 085	2 819 161	858 817
Corporation Tax Payable	47 316	127 288	163 125	92 879
Creditors	2 481 223	2 414 989	2 181 762	976 381
Deferred Tax Liabilities			-56 327	33 754
Fixed Assets	16 462 040	16 284 731	17 059 353	19 160 568
Increase From Depreciation Charge For Year Property Plant Equipment		16 019	18 532	2 252
Investment Property	14 577 717	1 317 424	1 317 424	1 317 424
Investment Property Fair Value Model	14 577 717	14 407 718	1 317 424
Investments Fixed Assets	1 846 247	1 846 247	1 846 247	1 846 247
Investments In Group Undertakings	1 846 247	1 846 247	1 846 247	1 846 247
Net Current Assets Liabilities	-1 217 479	-372 857	1 457 698	-900 000
Number Shares Issued Fully Paid		8 206 000	8 206 000	8 206 000
Other Creditors	416 164	264 080	264 415	109
Other Taxation Social Security Payable	2 659	6 027	5 822	6 159
Par Value Share			1	1
Prepayments Accrued Income	20 883	13 914	79 944	60 434
Profit Loss	3 122 067	809 117	2 819 161	1 991 077
Property Plant Equipment Gross Cost	71 275	79 984	13 963 432	15 637 943
Provisions	1 003 181	1 399 696	1 418 939	1 509 020
Provisions For Liabilities Balance Sheet Subtotal	1 003 181	1 399 696	1 418 939	1 509 020
Total Additions Including From Business Combinations Property Plant Equipment		8 709	793 154	234 573
Total Assets Less Current Liabilities	15 244 561	15 911 874	18 517 051	18 260 568
Trade Creditors Trade Payables	22 709	33 029	48 783	35 853
Trade Debtors Trade Receivables	27 449	106 181	19 620	7 928
Accrued Liabilities Deferred Income		76 290
Disposals Investment Property Fair Value Model		169 999
Recoverable Value-added Tax		180