Bala1 Limited in Hertfordshire, EN7 6WN

Description

Data updated on: 01-11-2023

Bala1 Limited has been prospering on the local market for 19 years. Registered with number 05525784 in the year 2005, the firm is registered at 6 Markham Road, Hertfordshire EN7 6WN. This company's SIC code is 68209 - Other letting and operating of own or leased real estate. The firm's most recent annual accounts cover the period up to 31st December 2022 and the latest annual confirmation statement was released on 2nd August 2023.

As stated, this firm was started in 2005 and has been led by three directors, and out of them two (Balasingam Y. and Neeraja B.) are still listed as current directors. To support the directors in their duties, this firm has been utilizing the skills of Balasingham Y. as a secretary since August 2005.

Neeraja B. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	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	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	29 583	36 465	42 329	47 561	60 601

Balance Sheet
Cash Bank On Hand							6 633	17 057	29 318	32 676	24 485	30 178
Current Assets	6 923	8 854	3 538	100	1 276	8 404	6 633	17 057
Debtors	940	940	0				346
Net Assets Liabilities							83 003	91 505	102 688	109 186	102 473	105 726
Other Debtors							346
Property Plant Equipment							249 353	249 234	249 145	249 078	249 028	248 879
Cash Bank In Hand	5 983	7 914	3 538	100	1 276
Net Assets Liabilities Including Pension Asset Liability	29 583	36 465	42 329	47 561	60 601
Tangible Fixed Assets	250 886	250 384	250 378	250 003	249 722

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	29 483	36 365	42 229	47 461	60 501
Shareholder Funds	29 583	36 465	42 329	47 561	60 601

Other Financial Data
Secured Debts	170 000	170 000	170 000	170 000	170 000
Total Fixed Assets Additions			494
Total Fixed Assets Cost Or Valuation	259 407	259 407	259 901	259 901	259 901
Total Fixed Assets Depreciation	8 521	9 023	9 523	9 898	10 179
Total Fixed Assets Depreciation Charge In Period		502	500	375	281
Accrued Liabilities Not Expressed Within Creditors Subtotal					2 145	3 279
Accumulated Depreciation Impairment Property Plant Equipment							10 548	10 667	10 756	10 823	10 873	11 022
Bank Borrowings Overdrafts							170 000	170 000	170 000	170 000	170 000	170 000
Corporation Tax Payable							2 729	2 022	2 644	1 541		2 653
Creditors					18 252	13 267	3 329	4 786	5 775	2 568	1 040	3 331
Depreciation Rate Used For Property Plant Equipment								25	25	25	25	25
Fixed Assets	250 886	250 384	250 378	250 003	249 722	249 511	249 353
Increase From Depreciation Charge For Year Property Plant Equipment								119	89	67	50	149
Net Current Assets Liabilities	-51 303	-43 919	-38 049	-32 442	-19 121	-4 517	3 650	12 271	23 543	30 108	23 445	26 847
Other Creditors							600	2 764	3 131	1 027	1 040	678
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal						346	346
Property Plant Equipment Gross Cost								259 901	259 901	259 901	259 901	259 901
Total Assets Less Current Liabilities	199 583	206 465	212 329	217 561	230 601	244 994	253 003	261 505	272 688	279 186	272 473	275 726
Advances Credits Directors						5 000
Creditors Due After One Year Total Noncurrent Liabilities	170 000	170 000	170 000	170 000	170 000
Creditors Due Within One Year Total Current Liabilities	58 226	52 773	41 587	32 542	20 397
Tangible Fixed Assets Additions			494
Tangible Fixed Assets Cost Or Valuation	259 407	259 407	259 901	259 901	259 901
Tangible Fixed Assets Depreciation	8 521	9 023	9 523	9 898	10 179
Tangible Fixed Assets Depreciation Charge For Period		502	500	375	281