Credit Security Limited in Whitchurch, HP22 4JS

Description

Data updated on: 01-11-2023

Credit Security Limited has been prospering in the UK for 57 years. Started with registration number 00922180 in 1967, the firm is located at The Old Court House, Whitchurch HP22 4JS. This firm's registered with SIC code 82911 meaning Activities of collection agencies. 2022-07-31 is the last time company accounts were reported.

That firm owes its success and unending growth to exactly three directors, namely Colin B., Nicholas S. and Lance S., who have been overseeing the firm for thirteen years. What is more, the managing director's assignments are often helped with by a secretary - Lance S., who was selected by this firm on 1993-12-07.

Lance S. is the individual who has control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-07-31	2018-07-31
Currency

Balance Sheet
Cash Bank On Hand	623 347	905 224
Current Assets	1 009 532	1 215 304
Debtors	386 185	310 080
Net Assets Liabilities	4 272 059	3 850 149
Other Debtors	18 195	14 465
Property Plant Equipment	5 474 172	4 547 456

Other Financial Data
Audit Fees Expenses	15 850	15 000
Fees For Non-audit Services	35 471	25 535
Company Contributions To Money Purchase Plans Directors	756	1 059
Director Remuneration	184 643	133 886
Number Directors Accruing Benefits Under Money Purchase Scheme	2	2
Accrued Liabilities Deferred Income	36 590	45 762
Accumulated Amortisation Impairment Intangible Assets	12 500
Accumulated Depreciation Impairment Property Plant Equipment	1 044 655	1 073 081
Administrative Expenses	2 728 126	2 784 911
Applicable Tax Rate	20	19
Bank Borrowings	744 317	645 357
Bank Borrowings Overdrafts	644 954	547 494
Cash Cash Equivalents Cash Flow Value	623 347
Comprehensive Income Expense	107 105	-421 910
Cost Sales	273 765	218 939
Creditors	750 641	724 908
Depreciation Amortisation Expense	42 469	28 425
Depreciation Expense Property Plant Equipment	42 469	28 426
Disposals Property Plant Equipment		900 000
Fixed Assets	5 474 272	4 547 556
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-132 166	-271 800
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	182 450	76 105
Gain Loss On Disposal Assets Income Statement Subtotal	1 785
Gain Loss On Disposals Property Plant Equipment	1 785
Gross Profit Loss	2 735 217	2 501 791
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-29 820	281 877
Increase From Depreciation Charge For Year Property Plant Equipment		28 426
Intangible Assets Gross Cost	12 500
Investments Fixed Assets	100	100
Investments In Joint Ventures	100	100
Issue Bonus Shares Decrease Increase In Equity		198 962
Net Assets Liabilities Associates	19 380	19 380
Net Cash Flows From Used In Financing Activities	133 132	27 233
Net Cash Flows From Used In Investing Activities	-5 253	-759 500
Net Cash Flows From Used In Operating Activities	-98 059	450 390
Net Cash Generated From Operations	-98 059	450 390
Net Current Assets Liabilities	-451 572	27 501
Net Interest Received Paid Classified As Investing Activities	-14	-6
Number Shares Issued Fully Paid		4 543 120
Operating Profit Loss	107 091	-421 916
Other Creditors		1 383
Other Interest Receivable Similar Income Finance Income	14	6
Other Taxation Social Security Payable	38 373	39 683
Par Value Share		0
Pension Other Post-employment Benefit Costs Other Pension Costs	20 799	23 660
Percentage Class Share Held In Associate		33
Prepayments Accrued Income	34 499	34 755
Proceeds From Sales Property Plant Equipment	-10 500	-761 204
Profit Loss	107 105	-421 910
Profit Loss From Continuing Operations Associates	-460
Profit Loss On Ordinary Activities Before Tax	107 105	-421 910
Property Plant Equipment Gross Cost	6 518 827	5 620 537
Purchase Property Plant Equipment	-5 261	-1 710
Repayments Borrowings Classified As Financing Activities	-103 331	-98 960
Social Security Costs	114 969	133 288
Staff Costs Employee Benefits Expense	1 771 775	1 839 972
Tax Decrease From Utilisation Tax Losses	5 281
Tax Expense Credit Applicable Tax Rate	21 421	-80 163
Tax Increase Decrease From Effect Capital Allowances Depreciation	3 740	2 452
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	120	825
Total Additions Including From Business Combinations Property Plant Equipment		1 710
Total Assets Less Current Liabilities	5 022 700	4 575 057
Trade Creditors Trade Payables	1 181 012	913 550
Trade Debtors Trade Receivables	333 491	260 860
Turnover Revenue	3 008 982	2 720 730
Wages Salaries	1 636 007	1 683 024

Company staff

Colin B.

Role: Director

Appointed: 01 October 2011

Latest update: 24 April 2024

Nicholas S.

Role: Director

Appointed: 01 October 2011

Latest update: 24 April 2024

Lance S.

Role: Secretary

Appointed: 07 December 1993

Latest update: 24 April 2024

Lance S.

Role: Director

Appointed: 14 December 1991

Latest update: 24 April 2024

People with significant control

Lance S.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 April 2024
Account last made up date	31 July 2022
Confirmation statement next due date	19 December 2023
Confirmation statement last made up date	05 December 2022

Annual Accounts
Start Date For Period Covered By Report	01 August 2017
End Date For Period Covered By Report	31 July 2018

Credit Security Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Colin B.

Nicholas S.

Lance S.

Lance S.

Ruislip Secretarial Limited

Maureen A.

People with significant control

Lance S.

Accounts Documents

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