Cedar Garage Limited in West Sussex, BN11 5JG

Description

Data updated on: 01-11-2023

The date the firm was founded is 2004/12/21. Registered under no. 05318711, the firm is classified as a Private Limited Company. You may find the office of the company during office hours under the following location: 307 Tarring Road Worthing, BN11 5JG West Sussex. This business's classified under the NACE and SIC code 45200 which stands for Maintenance and repair of motor vehicles. Cedar Garage Ltd filed its account information for the financial year up to 2022-03-31. Its most recent annual confirmation statement was filed on 2022-12-21.

As stated, this specific company was incorporated twenty years ago and has been run by six directors, and out of them two (Matthew C. and Kevin P.) are still participating in the company's duties. To help the directors in their tasks, the abovementioned company has been utilizing the skills of Kevin P. as a secretary for the last eleven years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	127 117	160 455

Balance Sheet
Cash Bank On Hand			134 604	180 062	374 895	373 419	708 242	765 522	733 996
Current Assets	145 626	223 551	168 275	233 844	442 150	450 168	793 408	966 037	1 226 408
Debtors	12 089	20 230	21 671	38 782	50 055	28 168	30 193	123 549	404 811
Net Assets Liabilities			182 372	261 185	179 631	304 772	402 151	717 204	850 101
Other Debtors			8 805	23 887	25 830	16 487	14 205	114 692	391 143
Property Plant Equipment			150 706	221 810	188 384	149 087	121 819	225 402	245 859
Total Inventories			12 000	15 000	17 200	48 581	54 973	76 966	87 601
Cash Bank In Hand	113 837	190 021
Intangible Fixed Assets	30 000	20 000
Net Assets Liabilities Including Pension Asset Liability	127 117	160 455
Stocks Inventory	19 700	13 300
Tangible Fixed Assets	58 790	57 878

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	127 017	160 355
Shareholder Funds	127 117	160 455

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets			60 000	80 249	121 249	162 249	192 997	192 997	192 997
Accumulated Depreciation Impairment Property Plant Equipment			142 353	181 128	236 844	259 230	302 904	343 068	422 938
Amortisation Rate Used For Intangible Assets				33	33	33	33
Average Number Employees During Period			14	18	22	22	21	25	26
Bank Borrowings Overdrafts				30 000	30 000	25 000	2 500	8 840	10 000
Corporation Tax Payable			48 639	50 034	87 185	88 938	124 605
Creditors			136 397	229 526	475 346	307 488	447 411	394 625	537 481
Depreciation Rate Used For Property Plant Equipment				25	25	25	25	25	25
Disposals Decrease In Depreciation Impairment Property Plant Equipment				246	286	31 796		2 444	367
Disposals Property Plant Equipment				500	721	43 474		6 800	4 232
Dividends Paid On Shares					382 000	180 000	380 000
Fixed Assets	88 790	77 878	160 706	334 560	260 134	179 837	121 821	225 404	245 861
Future Minimum Lease Payments Under Non-cancellable Operating Leases				155 250	529 022	469 663	404 733	353 360	324 732
Increase From Amortisation Charge For Year Intangible Assets				20 249	41 000	41 000	30 748
Increase From Depreciation Charge For Year Property Plant Equipment				39 021	56 002	54 182	43 674	42 608	80 237
Intangible Assets			10 000	112 750	71 750	30 750	2	2	2
Intangible Assets Gross Cost			70 000	192 999	192 999	192 999	192 999	192 999	192 999
Net Current Assets Liabilities	43 911	84 963	31 878	4 318	-33 196	142 680	345 997	571 412	688 927
Other Creditors			15 175	23 951	195 245	16 028	185 237	68 662	198 089
Other Taxation Social Security Payable			17 041	47 489	68 407	72 504	69 866	170 709	215 295
Property Plant Equipment Gross Cost			293 059	402 938	425 228	408 317	424 723	568 470	668 797
Provisions For Liabilities Balance Sheet Subtotal			10 212	22 693	22 307	17 745	15 667	38 452	54 687
Total Additions Including From Business Combinations Property Plant Equipment						26 563	16 406	150 547	104 559
Total Assets Less Current Liabilities	132 701	162 841	192 584	338 878	226 938	322 517	467 818	796 816	934 788
Trade Creditors Trade Payables			55 542	78 052	94 509	105 018	65 203	146 414	114 097
Trade Debtors Trade Receivables			12 866	14 895	24 225	11 681	15 988	8 857	13 668
Advances Credits Directors				1 318		1 818			74 817
Advances Credits Made In Period Directors						1 818
Advances Credits Repaid In Period Directors					1 318		1 818
Creditors Due Within One Year	101 715	138 588
Intangible Fixed Assets Aggregate Amortisation Impairment	40 000	50 000
Intangible Fixed Assets Amortisation Charged In Period		10 000
Intangible Fixed Assets Cost Or Valuation	70 000	70 000
Number Shares Allotted		100
Par Value Share		1
Provisions For Liabilities Charges	5 584	2 386
Share Capital Allotted Called Up Paid	100	100
Tangible Fixed Assets Additions		14 725
Tangible Fixed Assets Cost Or Valuation	169 183	183 908
Tangible Fixed Assets Depreciation	110 393	126 030
Tangible Fixed Assets Depreciation Charged In Period		15 637
Amount Specific Advance Or Credit Directors	66