Be Valued Limited in East Sussex, BN22 8LD

Description

Data updated on: 01-11-2023

Be Valued is a business situated at BN22 8LD East Sussex at Technology Business Park. This company was formed in 1996 and is established under reg. no. 03291302. This company has been active on the UK market for 28 years now and the official status is active. The firm has been on the market under three previous names. Its very first official name, Planet Music, was switched on Wednesday 21st May 1997 to Powerplay Direct. The current name, in use since 2012, is Be Valued Limited. This enterprise's declared SIC number is 62012 : Business and domestic software development. Be Valued Ltd reported its account information for the period that ended on 2022-12-31. The most recent annual confirmation statement was submitted on 2022-11-19.

With regards to the company, the full extent of director's responsibilities have so far been done by Colin B. who was arranged to perform management duties in 1996. Since 2011 Nikolai A., had been supervising the following company up to the moment of the resignation 12 years ago. Furthermore another director, specifically Neil S. resigned twenty four years ago. To support the directors in their duties, this specific company has been using the skills of Mark W. as a secretary since August 2002.

Previous company's names
Be Valued Limited 2012-09-12
Powerplay Direct Limited 1997-05-21
Planet Music Limited 1996-12-12

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-12-31	2014-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31
Currency
Net Worth	738 709	1 519 565

Balance Sheet
Cash Bank On Hand			666 930	805 389	1 060 583	2 068 296	2 634 923
Current Assets	16 018 545	9 014 270	10 528 906	13 019 092	13 099 331	8 702 420	10 034 794
Debtors	12 155 739	6 655 979	9 648 339	11 657 319	11 749 246	6 222 867	6 729 228
Net Assets Liabilities			425 479	600 145	1 498 983	1 779 923
Other Debtors	1 503 732	344 705	223 685	403 131	271 175	235 587	129 235
Property Plant Equipment					16 482	11 411	6 340
Total Inventories			213 637	556 384	289 502	411 257	670 643
Cash Bank In Hand	3 581 125	1 957 100
Stocks Inventory	281 681	401 191
Tangible Fixed Assets	12 434	8 289
Trade Debtors	3 851 072	1 393 242

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	738 609	1 519 465
Shareholder Funds	738 709	1 519 565

Other Financial Data
Audit Fees Expenses			14 275	9 600	10 600	10 000	12 760
Other Non-audit Services Fees			450	460	510	510	535
Taxation Compliance Services Fees			590	605	670	670	705
Accrued Liabilities Deferred Income			787 171	905 399	925 294	804 288	1 037 128
Accumulated Depreciation Impairment Property Plant Equipment			938 905	938 905	942 709	947 780	952 851
Additions Other Than Through Business Combinations Property Plant Equipment					20 286
Administrative Expenses	1 137 194	1 208 861	723 197	782 984	627 181	473 873	667 867
Amounts Owed By Group Undertakings			6 712 433	7 546 966	7 720 176	3 186 720	4 281 521
Amounts Owed To Group Undertakings				1 380 302	1 509 803	2 966 982	3 980 709
Average Number Employees During Period			97	95	100	89	101
Comprehensive Income Expense			1 222 210	1 374 666	1 898 838	1 280 940	1 017 730
Corporation Tax Payable			176 284	242 782	389 530	109 109	169 174
Cost Sales	20 573 721	23 568 829	30 235 715	31 957 731	32 007 127	32 492 821	32 719 066
Creditors			1 446 777	1 365 670	940 027	7 040 292	8 249 865
Current Tax For Period			207 928	255 176	326 748	202 899	160 066
Depreciation Expense Property Plant Equipment					3 804	5 071	5 071
Distribution Costs	478 600	533 607	464 468	437 574	495 268	439 378	516 211
Dividends Paid			1 300 000	1 200 000	1 000 000	1 000 000	900 000
Dividends Paid On Shares Interim				1 200 000	1 000 000	1 000 000	900 000
Finished Goods Goods For Resale	281 681	401 191	213 637	556 384	289 502	411 257	670 643
Fixed Assets	118 818	114 673		106 384	122 866	117 795	112 724
Further Item Creditors Component Total Creditors				1 365 670	940 027
Further Item Tax Increase Decrease Component Adjusting Items			-3 471	-2 849	-1 862	-1 168	-813
Future Minimum Lease Payments Under Non-cancellable Operating Leases				160 000	160 000	160 000	160 000
Gross Profit Loss	3 152 901	2 713 660	2 550 097	2 848 379	3 341 000	2 394 875	2 361 579
Increase Decrease In Current Tax From Adjustment For Prior Periods			-66 989
Increase From Depreciation Charge For Year Property Plant Equipment					3 804	5 071	5 071
Interest Income On Bank Deposits			717	2 771	7 035	2 215	295
Interest Payable Similar Charges Finance Costs				750
Investments Fixed Assets	106 384	106 384	106 384	106 384	106 384	106 384	106 384
Investments In Subsidiaries				106 384	106 384	106 384	106 384
Net Current Assets Liabilities	5 075 725	2 534 123	1 765 872	1 859 431	2 316 144	1 662 128	1 784 929
Operating Profit Loss	1 608 407	1 042 392	1 362 432	1 627 821	2 218 551	1 481 624	1 177 501
Other Creditors			1 446 777	1 365 670	1 406 026	365 505	312 319
Other Interest Receivable Similar Income Finance Income			717	2 771	7 035	2 215	295
Other Taxation Social Security Payable			306 973	124 267	221 691	284 669	142 132
Pension Other Post-employment Benefit Costs Other Pension Costs			68 977	71 024	72 627	69 298	77 060
Percentage Class Share Held In Subsidiary				100	100	100	100
Prepayments Accrued Income			48 905	36 541	24 148	30 503	20 848
Profit Loss			1 222 210	1 374 666	1 898 838	1 280 940	1 017 730
Profit Loss On Ordinary Activities Before Tax	1 627 844	951 269	1 363 149	1 629 842	2 225 586	1 483 839	1 177 796
Property Plant Equipment Gross Cost			938 905	938 905	959 191	959 191
Social Security Costs	100 059	106 297	169 854	174 604	187 245	166 825	191 092
Staff Costs Employee Benefits Expense			2 165 133	2 166 723	2 385 259	2 065 838	2 417 315
Tax Expense Credit Applicable Tax Rate				309 670	422 861	281 929	223 781
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit			-50 263	-51 645	-94 251	-77 862	-62 902
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings			2 664
Tax Tax Credit On Profit Or Loss On Ordinary Activities			140 939	255 176	326 748	202 899	160 066
Total Assets Less Current Liabilities	5 194 543	2 648 796	1 872 256	1 965 815	2 439 010	1 779 923	1 897 653
Total Current Tax Expense Credit			140 939	255 176
Total Operating Lease Payments			80 000	80 000	80 000	80 000	80 000
Trade Creditors Trade Payables			5 713 538	6 702 616	6 330 843	2 509 739	2 608 403
Trade Debtors Trade Receivables			2 663 316	3 670 681	3 733 747	2 770 057	2 297 624
Turnover Revenue			32 785 812	34 806 110	35 348 127	34 887 696	35 080 645
Wages Salaries	1 066 362	1 122 851	1 926 302	1 921 095	2 125 387	1 829 715	2 149 163
Total Fees To Auditors	12 815
Amounts Owed By Group Undertakings Other Participating Interests	6 798 088	4 914 865
Amounts Owed To Parent Undertaking Within One Year	3 190 481
Bank Borrowings Overdrafts	3 190 481
Corporation Tax Due Within One Year	1 789 713	180 449
Creditors Due After One Year	4 455 834	1 129 231
Creditors Due Within One Year	10 942 820	6 480 147
Debentures Other Loans	1 265 353	1 129 231
Debtors Due After One Year	4 769 660
Debtors Due Within One Year	7 386 079	6 655 979
Depreciation Tangible Fixed Assets Expense	4 145	4 145
Intangible Fixed Assets Aggregate Amortisation Impairment	1 400 000
Intangible Fixed Assets Cost Or Valuation	1 400 000
Intangible Fixed Assets Impairment Losses		-1 400 000
Intangible Fixed Assets Increase Decrease From Revaluations		-1 400 000
Interest Payable Similar Charges		99 988
Interest Receivable On Short-term Investments Loans Deposits	19 437	8 865
Land Buildings Operating Leases Expiring After Five Years	-400 000	-400 000
Loans From Directors	345 916	56 896
Net Assets Liability Excluding Pension Asset Liability	738 709	1 519 565
Number Shares Allotted		100
Obligations Under Finance Leases Hire Purchase Contracts Between One To Two Years	-1 265 353	-1 129 231
Obligations Under Finance Leases Hire Purchase Contracts Between Two To Five Years	-3 190 481
Other Creditors Due Within One Year	1 451 986	2 569 951
Other Interest Receivable Similar Income	19 437	8 865
Other Operating Income	71 300	71 200
Other Taxation Social Security Within One Year	182 345	201 210
Par Value Share		1
Pension Costs	9 192	17 829
Pensions Costs Defined Contribution Schemes	9 192	17 829
Percentage Subsidiary Held		100
Prepayments Accrued Income Current Asset	2 847	3 167
Profit Loss For Period	1 257 929	780 856
Share Capital Allotted Called Up Paid	100	100
Staff Costs	1 175 613	1 246 977
Tangible Fixed Assets Cost Or Valuation		1 033 562
Tangible Fixed Assets Depreciation	1 021 128	1 025 273
Tangible Fixed Assets Depreciation Charged In Period		4 145
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	-374 404	-204 523
Tax On Profit Or Loss On Ordinary Activities	369 915	170 413
Total Recognised Gain Loss For Period	476 521	780 856
Total U K Foreign Current Tax After Adjustments Relief	369 915	170 413
Trade Creditors Within One Year	3 982 379	3 471 641
Turnover Gross Operating Revenue	23 726 622	26 282 489
U K Current Corporation Tax On Income For Period	369 915	170 413
Utilisation Tax Losses		27 767