Bains Discount Ltd in Tipton, DY4 8EX

Description

Data updated on: 01-11-2023

Started with Reg No. 05167008 20 years ago, Bains Discount Ltd was set up as a Private Limited Company. The current mailing address is 83 Owen Street, Tipton. The company's registered with SIC code 47110 meaning . The latest annual accounts cover the period up to 2022/06/30 and the most recent confirmation statement was filed on 2023/06/30.

The firm works in retail industry. Its FHRSID is 68404. It reports to Sandwell and its last food inspection was carried out on July 25, 2019 in 83 Owen Street, Tipton, DY4 8EX. The most recent quality assessment result obtained by the company is 4, which translates as good. The components comprising this value are the following inspection results: 0 for hygiene, 10 for its structural management and 0 for confidence in management.

Davinder B. and Ranjit B. are listed as enterprise's directors and have been expanding the company since 2004. To provide support to the directors, this business has been utilizing the skills of Davinder B. as a secretary for the last 20 years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-06-30	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	88 647	127 273	115 132	111 922	119 973	125 238

Balance Sheet
Cash Bank On Hand						63 736	113 084	185 279	241 291	367 417	458 808	533 095	608 075
Current Assets	66 677	75 294	72 596	78 746	105 222	106 769	161 876	237 502	300 866	427 709	513 922	589 556	666 969
Debtors	224	202	338	5 149	3 438	4 393	4 092	5 423	5 415	2 442	1 614	2 236	2 544
Net Assets Liabilities						125 238	161 533	228 922	283 623	385 564	484 982	548 826	643 237
Property Plant Equipment						46 952	39 237	32 174	26 383	21 634	17 740	14 547	27 123
Total Inventories						38 640	44 700	46 800	54 160	57 850	53 500	54 225	56 350
Cash Bank In Hand	38 758	43 947	37 708	39 957	66 664	63 736
Net Assets Liabilities Including Pension Asset Liability	88 647	127 273	115 132	111 922	119 973	125 238
Stocks Inventory	27 695	31 145	34 550	33 640	35 120	38 640
Tangible Fixed Assets	46 696	90 158	82 335	67 515	55 362	46 952

Capital & Reserves
Called Up Share Capital	2	2	2	2	2	2
Profit Loss Account Reserve	88 645	127 271	115 130	111 920	119 971	125 236
Shareholder Funds	88 647	127 273	115 132	111 922	119 973	125 238

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						10 306	8 613	15 676	43 926	48 675	52 569	55 762	61 716
Average Number Employees During Period									8	8	8	8	9
Creditors						28 483	39 580	40 754	43 626	63 779	46 680	55 277	50 855
Fixed Assets	46 696	90 158	82 335	67 515	55 362	46 952	39 237	32 174	26 383	21 634	17 740	14 547	27 123
Increase From Depreciation Charge For Year Property Plant Equipment							8 613	7 063		4 749	3 894	3 193	5 954
Net Current Assets Liabilities	41 951	37 115	32 797	78 746	105 222	78 286	122 296	196 748	257 240	363 930	467 242	534 279	616 114
Property Plant Equipment Gross Cost						57 258	47 850	47 850	70 309	70 309	70 309	70 309	88 839
Total Additions Including From Business Combinations Property Plant Equipment							898						18 530
Total Assets Less Current Liabilities	88 647	127 273	115 132	111 922	119 973	125 238	161 533	228 922	283 623	385 564	484 982	548 826	643 237
Accruals Deferred Income Within One Year	1 150	1 300
Bank Borrowings Overdrafts			10 515	2 142
Creditors Due Within One Year	24 726	38 179	39 799	34 339	40 611	28 483
Number Shares Allotted	2	2	2	2
Par Value Share	1	1	1	1
Creditors Due After One Year				34 339	40 611
Tangible Fixed Assets Additions		56 901	11 000			1 896
Tangible Fixed Assets Cost Or Valuation	49 270	103 597	103 597	103 597	67 515	69 411
Tangible Fixed Assets Depreciation	2 574	13 439	21 262	36 082	26 973	22 459
Tangible Fixed Assets Depreciation Charged In Period		13 439	18 073	14 820	12 153	10 306
Share Capital Allotted Called Up Paid	2	2	2	2
Tangible Fixed Assets Disposals			750
Taxation Social Security Due Within One Year	20 034	16 554	13 694	16 392
Trade Creditors Within One Year	3 542	20 325	15 590	15 805

Company staff

Davinder B.

Role: Secretary

Appointed: 30 June 2004

Latest update: 30 January 2024

Davinder B.

Role: Director

Appointed: 30 June 2004

Latest update: 30 January 2024

Ranjit B.

Role: Director

Appointed: 30 June 2004

Latest update: 30 January 2024

People with significant control

Executives with significant control over this firm are: Davinder S. owns 1/2 or less of company shares. Ranjit K. owns 1/2 or less of company shares. Davinder B. owns 1/2 or less of company shares.

Davinder S.

Notified on 30 June 2016

Nature of control:

1/2 or less of shares

Ranjit K.

Notified on 30 June 2016

Nature of control:

1/2 or less of shares

Davinder B.

Notified on 1 July 2016

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	31 March 2024
Account last made up date	30 June 2022
Confirmation statement next due date	14 July 2024
Confirmation statement last made up date	30 June 2023

Annual Accounts 17 December 2012
Start Date For Period Covered By Report	2011-07-01
End Date For Period Covered By Report	2012-06-30
Date Approval Accounts	17 December 2012
Annual Accounts 17 August 2013
Start Date For Period Covered By Report	2012-07-01
End Date For Period Covered By Report	2013-06-30
Date Approval Accounts	17 August 2013
Annual Accounts 17 December 2014
Start Date For Period Covered By Report	2013-07-01
End Date For Period Covered By Report	2014-06-30
Date Approval Accounts	17 December 2014
Annual Accounts 17 August 2015
Start Date For Period Covered By Report	2014-07-01
End Date For Period Covered By Report	2015-06-30
Date Approval Accounts	17 August 2015
Annual Accounts 7 August 2016
Start Date For Period Covered By Report	2015-07-01
End Date For Period Covered By Report	2016-06-30
Date Approval Accounts	7 August 2016
Annual Accounts
Start Date For Period Covered By Report	2016-07-01
End Date For Period Covered By Report	2017-06-30
Annual Accounts
Start Date For Period Covered By Report	2017-07-01
End Date For Period Covered By Report	2018-06-30
Annual Accounts
Start Date For Period Covered By Report	2018-07-01
End Date For Period Covered By Report	2019-06-30
Annual Accounts
Start Date For Period Covered By Report	2019-07-01
End Date For Period Covered By Report	2020-06-30
Annual Accounts
Start Date For Period Covered By Report	2020-07-01
End Date For Period Covered By Report	2021-06-30
Annual Accounts
Start Date For Period Covered By Report	2021-07-01
End Date For Period Covered By Report	2022-06-30
Annual Accounts
Start Date For Period Covered By Report	2022-07-01
End Date For Period Covered By Report	2023-06-30

Bains Discount Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Davinder B.

Davinder B.

Ranjit B.

People with significant control

Davinder S.

Ranjit K.

Davinder B.

Accounts Documents

Bains Discount food hygiene ratings

Retailers - other address

Address

Suburb

Town

County

District

State

Post code

Food rating: 4

Hygiene

Structural

Confidence in Management

Company filings

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