Budget Bikes Limited in Newbury, RG14 1QL

Description

Data updated on: 01-11-2023

Budget Bikes began its business in 2004 as a Private Limited Company with reg. no. 05321814. The business has been prospering for twenty years and it's currently active. This company's head office is situated in Newbury at 2 Old Bath Road. Anyone could also locate this business utilizing its postal code of RG14 1QL. This enterprise's SIC and NACE codes are 45400 and their NACE code stands for Sale, maintenance and repair of motorcycles and related parts and accessories. 2022-12-31 is the last time the company accounts were reported.

There seems to be one managing director currently running this firm, namely Terry M. who's been performing the director's assignments for twenty years. The firm had been directed by Stephen G. till 2011. In addition a different director, specifically Terry M. quit in 2006.

Terry M. 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
Net Worth	121 591	100 596	135 027	146 525	175 492

Balance Sheet
Cash Bank On Hand					30 193	62 142	10 000		33 525	287 482	88 645	103 455
Current Assets	156 769	122 128	193 218	204 593	316 045	326 452	535 904	571 974	618 179	825 073	869 836	946 806
Debtors	18 096	5 545			3 000	20 568	20 175	5 759	52 189	70 391	204 863	268 241
Net Assets Liabilities					175 492	208 643	204 390	243 105	401 130	466 215	594 106	641 819
Other Debtors					3 000	3 000	3 000	3 150	3 000	9 834	168 394	249 868
Property Plant Equipment					243 454	238 326	302 243	291 032	295 792	279 403	286 900	262 906
Total Inventories					282 852	243 742	505 729	566 215	532 465	467 200	576 328	575 110
Cash Bank In Hand	23 106	39 563	89 266	33 297	30 193
Net Assets Liabilities Including Pension Asset Liability	121 591	100 596	135 027	146 525	175 492
Stocks Inventory	115 567	77 020	103 952	171 296	282 852
Tangible Fixed Assets		19 239	14 655	19 952	243 454

Capital & Reserves
Called Up Share Capital	2	2	2	2	2
Profit Loss Account Reserve	121 589	100 594	135 025	146 523	175 490
Shareholder Funds	121 591	100 596	135 027	146 525	175 492

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					25 719	36 343	34 371	51 134	72 574	92 386	87 682	84 277
Additions Other Than Through Business Combinations Property Plant Equipment						5 496	74 444	5 552	26 200	3 421	28 795	1 396
Average Number Employees During Period					4	4	5	5	6	7	7	6
Bank Borrowings					153 922	141 528	132 654	123 893	114 458	104 720	94 386	85 688
Bank Overdrafts							18 339	10 744
Creditors					156 005	141 528	142 029	128 154	130 602	298 860	254 798	388 990
Disposals Decrease In Depreciation Impairment Property Plant Equipment							-12 500				-16 611	-12 799
Disposals Property Plant Equipment							-12 500				-26 000	-28 795
Finance Lease Liabilities Present Value Total					2 083	2 083	9 375	4 261	8 983	4 722	18 364
Fixed Assets		19 239	14 655	19 952	243 454			291 032	295 892	279 503	287 000	263 006
Further Item Creditors Component Total Creditors					114 304	104 378	93 994	83 131
Increase From Depreciation Charge For Year Property Plant Equipment						10 624	10 527	16 763	21 440	19 810	11 907	9 394
Investments Fixed Assets									100	100	100	100
Investments In Subsidiaries								100	100	100	100	100
Net Current Assets Liabilities	121 591	81 357	120 372	132 823	88 043	111 845	50 264	84 247	239 840	486 916	563 667	767 803
Other Creditors					182 233	159 482	355 498	374 784	259 529	204 172	131 707	21 346
Other Inventories					282 852	243 742	505 729	566 215	532 465	467 200	576 328	575 110
Other Remaining Borrowings							8 667			182 718	142 048	303 302
Prepayments						73		205	496	379	89	2 365
Property Plant Equipment Gross Cost					269 173	274 670	336 614	342 166	368 366	371 787	374 582	347 183
Provisions For Liabilities Balance Sheet Subtotal							6 088	4 020	4 000	1 344	1 763
Taxation Social Security Payable					36 267	34 397	26 115	31 026	74 579	87 761	81 060	35 610
Total Assets Less Current Liabilities			135 027	152 775	331 497	350 172	352 507	375 279	535 732	766 419	850 667	1 030 809
Total Borrowings					156 005	141 528	142 029	128 154	130 602	298 860	254 798	388 990
Trade Creditors Trade Payables					5 335	10 358	63 240	56 991	25 519	14 534	32 147	25 825
Trade Debtors Trade Receivables						17 495	17 175	2 404	48 693	60 178	36 380	16 008
Creditors Due After One Year				6 250	156 005
Creditors Due Within One Year	35 178	40 771	72 846	71 770	228 002
Non-instalment Debts Due After5 Years					153 922
Number Shares Allotted	2	2	2	2	2
Par Value Share		1	1	1	1
Value Shares Allotted	2	2	2	2	2