Betterpace Limited in Norwich, NR1 1RY

Description

Data updated on: 01-11-2023

Betterpace Limited could be reached at Yare House, 62-64 Thorpe Road in Norwich. The company's zip code is NR1 1RY. Betterpace has been operating on the British market for 28 years. The company's Companies House Registration Number is 03164518. This company's declared SIC number is 64999, that means Financial intermediation not elsewhere classified. The business latest annual accounts cover the period up to September 30, 2021 and the most recent annual confirmation statement was filed on February 26, 2023.

Within this specific business, all of director's obligations have so far been carried out by Mark D. who was assigned this position on 2006-01-01. The business had been managed by Helen G. up until 2018. Additionally a different director, including Matthew G. gave up the position on 2013-07-25.

Executives with significant control over the firm are: Mark D. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights. Tanya D. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency
Net Worth	1 325 832	1 246 072	1 211 745

Balance Sheet
Cash Bank In Hand	167 140	155 664	234 781
Cash Bank On Hand			234 781	109 985	186 715	111 635	228 323	118 276	68 357
Current Assets	1 248 706	1 199 132	1 218 593	954 379	656 056	434 471	500 520	366 862	368 843
Debtors	594 805	641 021	575 074	482 039	175 675	63 657	62 390	40 744	93 958
Intangible Fixed Assets	16 250	11 250	6 250
Net Assets Liabilities				977 962	725 910	476 365	434 313	295 266	258 780
Net Assets Liabilities Including Pension Asset Liability	1 325 832	1 286 708	1 211 745
Other Debtors			88 700	44 637	72 525	12 924	33 875	8 230	62 720
Property Plant Equipment			71 589	90 575	66 578	54 884	42 225	33 877	50 066
Stocks Inventory	486 761	453 242	408 738
Tangible Fixed Assets	131 328	102 883	71 589
Total Inventories			408 738	362 355	293 666	259 179	209 807	207 842	206 528

Capital & Reserves
Called Up Share Capital	23 000	23 000	23 000
Profit Loss Account Reserve	1 272 252	1 233 128	1 158 165
Shareholder Funds	1 325 832	1 246 072	1 211 745

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets			68 750	73 750	3 750	8 750	13 750	18 750	23 750
Accumulated Depreciation Impairment Property Plant Equipment			541 278	573 012	622 053	639 566	654 303	668 396	634 559
Amounts Owed By Group Undertakings			156 841	179 335
Amounts Owed To Group Undertakings							10 636	3 732
Average Number Employees During Period				22	20	14	16	14
Bank Borrowings Overdrafts							50 000	37 500	37 500
Creditors			84 687	68 242	14 094	10 056	56 691	37 500	37 500
Creditors Due Within One Year	62 359	72 058	84 687
Disposals Decrease In Amortisation Impairment Intangible Assets					75 000
Disposals Decrease In Depreciation Impairment Property Plant Equipment									46 721
Disposals Intangible Assets					75 000
Disposals Property Plant Equipment									22 568
Dividends Paid				8 225	-18 900	80 500	20 000
Finance Lease Liabilities Present Value Total					14 094	10 056	6 691		12 270
Fixed Assets	147 578	114 133	77 839	91 825	137 828	121 134	103 475	90 127	101 316
Increase From Amortisation Charge For Year Intangible Assets				5 000	5 000	5 000	5 000	5 000	5 000
Increase From Depreciation Charge For Year Property Plant Equipment				31 734	49 041	17 513	14 737	14 093	12 884
Intangible Assets			6 250	1 250	71 250	66 250	61 250	56 250	51 250
Intangible Assets Gross Cost			75 000	75 000	75 000	75 000	75 000	75 000
Intangible Fixed Assets Aggregate Amortisation Impairment	58 750	63 750	68 750
Intangible Fixed Assets Amortisation Charged In Period		5 000	5 000
Intangible Fixed Assets Cost Or Valuation	75 000	75 000
Net Current Assets Liabilities	1 186 347	1 177 869	1 133 906	886 137	602 176	365 287	387 529	242 639	203 057
Number Shares Allotted		22 900	22 900
Number Shares Issued Fully Paid				22 900	22 900	6 600	6 600
Other Creditors			29 971	35 521	17 768	16 753	10 305	66 791	142 973
Other Taxation Social Security Payable			38 388	13 227	21 327	35 827	74 839	34 746	6 574
Par Value Share		1	1	1	1	1	1
Payments Received On Account			13 928	12 484	8 688	7 309	8 092	8 143
Profit Loss				-225 558	-270 952	-169 045	-22 052
Property Plant Equipment Gross Cost			612 867	663 587	688 631	694 450	696 528	702 273	684 625
Provisions For Liabilities Balance Sheet Subtotal									8 093
Provisions For Liabilities Charges	8 093	5 294
Revaluation Reserve	30 580	30 580	30 580
Share Capital Allotted Called Up Paid	22 900	22 900	22 900
Tangible Fixed Assets Additions		4 155	1 550
Tangible Fixed Assets Cost Or Valuation	608 152	612 307	612 867
Tangible Fixed Assets Depreciation	476 824	509 424	541 278
Tangible Fixed Assets Depreciation Charged In Period		32 600	31 854
Tangible Fixed Assets Disposals			990
Total Additions Including From Business Combinations Intangible Assets					75 000
Total Additions Including From Business Combinations Property Plant Equipment				50 720	25 044	5 819	2 078	5 745	4 920
Total Assets Less Current Liabilities	1 333 925	1 292 002	1 211 745	977 962	740 004	486 421	491 004	332 766	304 373
Trade Creditors Trade Payables			2 400	7 010	1 387	4 585	5 081	811	3 969
Trade Debtors Trade Receivables			329 533	258 067	103 150	50 733	28 515	32 514	31 238