Desser And Company Limited in Cheetham, M8 8PS

Description

Data updated on: 01-11-2023

Desser And Company Limited has existed on the local market for at least 101 years. Started with Registered No. 00188770 in the year 1923, it is located at Desco House, Cheetham M8 8PS. The firm's principal business activity number is 46499 and their NACE code stands for Wholesale of household goods (other than musical instruments) n.e.c.. The company's most recent annual accounts describe the period up to Saturday 31st December 2022 and the most recent annual confirmation statement was released on Saturday 1st July 2023.

The following business owes its accomplishments and permanent growth to exactly seven directors, specifically Mark S., Elga S., Joy S. and 4 other members of the Management Board who might be found within the Company Staff section of this page, who have been in charge of it since 2003. In order to find professional help with legal documentation, the business has been utilizing the expertise of Barry S. as a secretary.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31
Currency

Balance Sheet
Cash Bank On Hand	104 781	29 818	68 874	263 115
Current Assets	1 267 605	894 178	802 587	1 303 562
Debtors	758 760	383 794	381 566	620 589
Net Assets Liabilities	1 065 356	1 238 258	803 405	1 056 822
Other Debtors	4 986	5 000	5 214	5 289
Property Plant Equipment	1 743 413	2 011 775	1 964 208	2 003 624
Total Inventories	404 064	480 566	352 147	419 858

Other Financial Data
Accrued Liabilities Deferred Income	50 035	45 138	95 433	61 906
Accumulated Depreciation Impairment Property Plant Equipment	874 620	903 663	951 230	997 182
Average Number Employees During Period		53	52	51
Bank Borrowings				29 000
Bank Borrowings Overdrafts	702 050	614 214	860 000	25 133
Bills Exchange Payable	424 218	239 309	142 133	150 966
Comprehensive Income Expense		172 902		253 417
Creditors	707 971	616 080	860 000	942 419
Finance Lease Liabilities Present Value Total	5 921	1 866	1 874
Further Item Borrowings Component Total Borrowings	570 000	570 000	572 450	571 158
Future Minimum Lease Payments Under Non-cancellable Operating Leases		20 941	18 237	41 866
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income		314 000		85 368
Increase From Depreciation Charge For Year Property Plant Equipment		42 484	47 567	45 952
Loans From Directors	114 937	114 297	163 594	231 877
Net Current Assets Liabilities	29 914	-157 437	-300 803	-4 383
Number Shares Issued Fully Paid		1 050
Other Creditors	123 421	128 589	185 484	249 766
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		13 441
Other Disposals Property Plant Equipment		16 595
Other Remaining Borrowings	702 050	340 264	586 050	643 336
Other Taxation Social Security Payable	116 271	95 347	86 665	277 465
Par Value Share		1
Prepayments Accrued Income	1 723	2 737	1 867	4 106
Profit Loss	-72 617	-141 098	-434 853	168 049
Property Plant Equipment Gross Cost	2 618 033	2 915 438	2 915 438	3 000 806
Redeemable Preference Shares Liability	23 950	23 950	23 950	23 950
Total Assets Less Current Liabilities	1 773 327	1 854 338	1 663 405	1 999 241
Total Increase Decrease From Revaluations Property Plant Equipment		314 000		85 368
Trade Creditors Trade Payables	198 042	219 186	269 351	242 817
Trade Debtors Trade Receivables	752 051	376 057	374 485	611 194
Transfers To From Retained Earnings Increase Decrease In Equity		-21 035	-27 319	-27 319