Balfe's Bikes Ltd in Crawley, RH10 9TZ

Description

Data updated on: 01-11-2023

Balfe's Bikes started conducting its operations in the year 2011 as a Private Limited Company under the following Company Registration No.: 07584071. This business has been operating for 13 years and the present status is active. The company's headquarters is registered in Crawley at Unit 2, Camino Park. Anyone could also find the firm using its postal code : RH10 9TZ. The company's Standard Industrial Classification Code is 47640 and has the NACE code: Retail sale of sports goods, fishing gear, camping goods, boats and bicycles. Balfe's Bikes Limited reported its account information for the period that ended on 2022-03-31. The business latest confirmation statement was released on 2023-03-23.

The company owes its accomplishments and unending growth to two directors, specifically Michael R. and Richard B., who have been leading it since 24th May 2019. Moreover, the managing director's tasks are backed by a secretary - Richard B., who was officially appointed by this specific company in January 2022.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-6 917	-26 292	-25 102	7 711	95 233

Balance Sheet
Cash Bank On Hand					8 326		22 746	58 484	57 234
Current Assets	16 649	79 221	71 031	94 773	116 399	10 659	39 434	186 475	535 553
Debtors	3 498	4 250	8 931	88 136	108 073	10 659	6 995	8 858	85 845
Net Assets Liabilities					-1 985	-138 193	-130 656	-26 642	21 838
Other Debtors				88 136	108 073				60 000
Property Plant Equipment					36 629	53 813	71 002	59 423	163 693
Total Inventories					89 561		9 693	119 133	392 474
Cash Bank In Hand	3 023	3 564		6 637	8 326
Net Assets Liabilities Including Pension Asset Liability	-6 918	-26 292	-25 102	7 711	95 233
Tangible Fixed Assets	10 846	31 755	29 701	24 719	23 333
Stocks Inventory	10 128	71 407	62 100	74 837

Capital & Reserves
Called Up Share Capital	1	1	1	1	1
Profit Loss Account Reserve	-6 918	-26 293	-25 103	-1 606	95 232
Shareholder Funds	-6 917	-26 292	-25 102	7 711	95 233

Other Financial Data
Accrued Liabilities Deferred Income								3 883	30 643
Accumulated Depreciation Impairment Property Plant Equipment					81 904	89 611	98 048	107 777	122 074
Administrative Expenses				155 434	170 435			452 809	697 446
Average Number Employees During Period								20	25
Cost Sales				136 485	198 971			475 788	747 823
Creditors					97 218	68 021	83 477	133 269	427 173
Disposals Decrease In Depreciation Impairment Property Plant Equipment							41	253
Disposals Property Plant Equipment							992	4 745
Fixed Assets	10 846	31 755	29 701	25 292	23 333	53 813	71 002	59 423	199 690
Gross Profit Loss				201 975	198 523			501 190	679 225
Increase From Depreciation Charge For Year Property Plant Equipment						7 706	8 477	9 982	14 297
Intangible Assets									35 997
Intangible Assets Gross Cost									35 997
Net Current Assets Liabilities	15 902	40 023	31 547	51 920	71 900	-57 362	-44 043	53 206	108 380
Operating Profit Loss				34 223	12 682			103 947	65 306
Other Creditors								3 660	44 871
Other Inventories								119 133	392 474
Other Operating Income								55 566	83 527
Prepayments Accrued Income								8 858	17 702
Profit Loss On Ordinary Activities After Tax								103 947	62 481
Profit Loss On Ordinary Activities Before Tax				32 813	12 426			103 947	65 306
Property Plant Equipment Gross Cost					118 533	143 424	169 050	167 200	285 767
Taxation Social Security Payable								33 888	37 395
Tax Tax Credit On Profit Or Loss On Ordinary Activities									2 825
Total Additions Including From Business Combinations Intangible Assets									35 997
Total Additions Including From Business Combinations Property Plant Equipment						24 890	26 617	2 895	118 567
Total Assets Less Current Liabilities	26 748	71 776	61 248	77 212	95 233	6 500	26 959	112 629	308 070
Trade Creditors Trade Payables								91 838	314 264
Trade Debtors Trade Receivables									8 143
Turnover Revenue								976 978	1 427 048
Creditors Due After One Year	33 665	98 070	86 350	69 501
Creditors Due Within One Year	2 081	39 200	39 484	42 853	44 499
Number Shares Allotted	1	1	1	1
Par Value Share	1	1	1	1	1
Accruals Deferred Income Within One Year					466
Depreciation Tangible Fixed Assets Expense				4 466	4 967
Distribution Costs				12 318	15 406
Interest Payable Similar Charges				1 410	256
Other Aggregate Reserves				-6 106
Other Creditors After One Year				69 501
Other Creditors Due Within One Year				42 853
Other Taxation Social Security Within One Year					23 761
Profit Loss For Period				32 813	8 549
Share Capital Allotted Called Up Paid	1	1	1	1	1
Share Capital Authorised				1	1
Tangible Fixed Assets Additions	14 461	30 031	9 054	1 037	3 008
Tangible Fixed Assets Cost Or Valuation	14 461	44 494	53 548	54 579	76 110
Tangible Fixed Assets Depreciation	3 615	12 739	23 847	29 860	52 777
Tangible Fixed Assets Depreciation Charged In Period	3 615	9 122	11 108	6 019	4 967
Tax On Profit Or Loss On Ordinary Activities					3 877
Trade Creditors Within One Year					20 272
Turnover Gross Operating Revenue				338 460	397 494
U K Current Corporation Tax On Income For Period					3 877