Southway Stores Limited in Guildford, GU2 8DY

Description

Data updated on: 01-11-2023

Southway Stores came into being in 2018 as a company enlisted under no 11151018, located at GU2 8DY Guildford at 270-272 Southway. This company has been in business for six years and its current state is active. Created as Claygate Stores, this business used the business name until August 16, 2018, then it was changed to Southway Stores Limited. This enterprise's Standard Industrial Classification Code is 47110, that means . Its latest filed accounts documents cover the period up to 2022/12/31 and the most current annual confirmation statement was released on 2023/06/08.

Given this specific company's size, it became necessary to find new company leaders: Imandeep G. and Ravneet G. who have been cooperating for one year to promote the success of the limited company.

Ravneet G. is the individual who controls this firm, owns over 3/4 of company shares.

Previous company's names
Southway Stores Limited 2018-08-16
Claygate Stores Limited 2018-01-15

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31
Currency

Balance Sheet
Cash Bank On Hand	100	9 938	16 725
Current Assets	100	83 125	107 236
Debtors		6 600	8 615
Net Assets Liabilities	100	6 473	16 104
Other Debtors		6 600	8 615
Property Plant Equipment		10 185	13 277
Total Inventories		66 587	81 896

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets		15 315	31 565
Accumulated Depreciation Impairment Property Plant Equipment		1 116	3 091
Acquired Through Business Combinations Intangible Assets		325 000
Additions Other Than Through Business Combinations Property Plant Equipment		11 301	5 067
Amortisation Rate Used For Intangible Assets		4	4
Average Number Employees During Period		11	7
Bank Borrowings Overdrafts		53 600	53 600
Corporation Tax Payable		9 824	11 561
Creditors		231 255	234 680
Depreciation Rate Used For Property Plant Equipment		20	20
Fixed Assets		319 870	306 712
Increase From Amortisation Charge For Year Intangible Assets		15 315	16 250
Increase From Depreciation Charge For Year Property Plant Equipment		1 116	1 975
Intangible Assets		309 685	293 435
Intangible Assets Gross Cost		325 000	325 000
Net Current Assets Liabilities	100	-148 130	-127 444
Other Creditors		164 675	138 270
Other Taxation Social Security Payable		1 202	1 002
Property Plant Equipment Gross Cost		11 301	16 368
Provisions For Liabilities Balance Sheet Subtotal			1 497
Total Assets Less Current Liabilities	100	171 740	179 268
Trade Creditors Trade Payables		1 954	30 247