Discovery Properties Limited in Nottingham, NG9 6RZ

Description

Data updated on: 01-11-2023

Discovery Properties has been in this business field for thirty one years. Started under company registration number 02867133, it operates as a Private Limited Company. You can contact the main office of the firm during office times at the following address: 2 Regan Way Beeston, NG9 6RZ Nottingham. The firm known today as Discovery Properties Limited, was previously known as Cavegrove Services. The change has taken place in 1994-05-20. The company's SIC and NACE codes are 41100 and their NACE code stands for Development of building projects. Discovery Properties Ltd filed its latest accounts for the financial year up to 2022-08-31. The company's latest confirmation statement was filed on 2023-10-05.

The following business owes its accomplishments and unending improvement to two directors, who are Hugo H. and Ralph J., who have been in the company since 1995-06-26. What is more, the managing director's efforts are constantly helped with by a secretary - Ralph J., who was selected by this business in June 1994.

Previous company's names
Discovery Properties Limited 1994-05-20
Cavegrove Services Limited 1993-10-29

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-08-31	2014-08-31	2015-08-31	2016-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31	2022-08-31	2023-08-31
Currency
Net Worth	2 091 936	1 594 748	1 379 176	1 203 343

Balance Sheet
Cash Bank On Hand					913 393	1 940 257	1 494 347	1 320 485	1 149 770	983 123
Current Assets	3 461 836	1 790 283	1 567 723	1 990 481	1 502 613	1 981 366	1 566 467	1 404 570	1 208 244	1 021 039
Debtors	1 426 764	142 367	44 279	35 937	99 220	38 234	60 126	71 731	41 790	21 232
Net Assets Liabilities						1 683 124	1 524 188	1 372 558	1 196 913
Other Debtors	1 221 408	56 970			89 252	26 070	30 072	25 400	4 135	4 957
Property Plant Equipment					1 068	1 639	2 688	1 613	1 324	673
Total Inventories					490 000	2 875	11 994	12 354	16 684
Cash Bank In Hand	1 390 344	1 049 176	889 629	1 070 429
Net Assets Liabilities Including Pension Asset Liability	2 091 936	1 594 748
Stocks Inventory	644 728	598 740	633 815	884 115
Tangible Fixed Assets	8 100	4 151	2 605	1 540
Trade Debtors	196 270	65 655

Capital & Reserves
Called Up Share Capital	957	607	607	607
Profit Loss Account Reserve	2 090 926	1 593 738	1 378 166	1 202 333
Shareholder Funds	2 091 936	1 594 748	1 379 176	1 203 343

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					24 299	24 931	26 280	9 652	3 755	4 406
Average Number Employees During Period	5					2	2	3	3	3
Corporation Tax Payable					14 759	162 177
Corporation Tax Recoverable							18 055	34 330	37 655	16 275
Creditors					127 747	299 882	44 225	33 474	12 656	14 340
Fixed Assets	8 101	4 152	2 606	1 541	1 069	1 640	2 689	1 614	1 325	674
Future Minimum Lease Payments Under Non-cancellable Operating Leases					34 255
Increase From Depreciation Charge For Year Property Plant Equipment						632	1 349	1 449	1 250	651
Investments Fixed Assets	1	1	1	1	1	1	1	1	1	1
Net Current Assets Liabilities	2 083 835	1 590 596	1 376 570	1 201 802	1 374 866	1 681 484	1 522 242	1 371 096	1 195 588	1 006 699
Number Shares Issued Fully Paid						400	400	400	400	400
Other Creditors					103 013	57 613	43 647	26 260	11 754	12 026
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment								18 077	7 147
Other Disposals Property Plant Equipment								18 077	7 321
Other Taxation Social Security Payable					207	73 525	147	5 198		1 583
Par Value Share		0		0		1	1	1	1	1
Percentage Class Share Held In Joint Venture						50	50	50	50
Profit Loss					55 190	683 509	-82 616	-75 310	-99 325	-113 220
Property Plant Equipment Gross Cost					25 367	26 570	28 968	11 265	5 079
Provisions For Liabilities Balance Sheet Subtotal							743	152
Total Additions Including From Business Combinations Property Plant Equipment						1 203	2 398	374	1 135
Total Assets Less Current Liabilities			1 379 176	1 203 343	1 375 935	1 683 124	1 524 931	1 372 710	1 196 913	1 007 373
Trade Creditors Trade Payables					9 768	6 567	431	2 016	902	731
Trade Debtors Trade Receivables					9 968	12 164	11 999	12 001
Audit Fees Expenses	5 595
Company Contributions To Money Purchase Schemes Directors	28 749	30 000
Director Remuneration	111 116	141 953
Nominal Value Own Shares Purchased		350
Number Directors Accruing Benefits Under Money Purchase Scheme	3	2
Number Own Shares Purchased		350
Percentage Called-up Share Capital Represented By Purchases During Period		100
Accruals Deferred Income Within One Year	191 170	116 083
Administration Support Average Number Employees	2
Administrative Expenses	304 481
Amount Due From To Related Party		-1
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	-599
Capital Redemption Reserve	53	403
Cash Flow Outflow Before Management Liquid Resources Financing	1 508 192
Cash Flow Outflow From Financing	-1 656 541
Cash Flow Outflow From Operating Activities	1 880 368
Cash Flow Outflow From Returns On Investments Servicing Finance	-124 708
Corporation Tax Due Within One Year	170 601
Cost Sales	6 618 834
Creditors Due Within One Year	1 378 001	199 687	191 153	788 679
Decrease Increase In Debtors	1 674 832
Decrease Increase In Net Debt During Period	418 033
Decrease Increase In Net Debt Resulting From Cash Flows	418 033
Decrease Increase In Stocks	-547 553
Depreciation Tangible Fixed Assets Expense	4 215	3 918
Dividends Withdrawn From Total Reserves	88 500
Equity Dividends Paid	88 500
Expenses Not Deductible For Tax Purposes	2 651
Fixed Asset Investments Cost Or Valuation	1	1
Gain Loss From Disposal Fixed Assets		-1 043
Gross Profit Loss	1 172 021
Hire Property Other Lease Expenditure	25 708
Increase Decrease In Creditors	-118 666
Increase Decrease In Net Cash For Period	-148 349
Increase In Borrowings	3 964 407
Interest Paid	137 470
Interest Payable Similar Charges	137 470
Interest Receivable On Bank Deposits	8 115
Interest Received	12 762
Interim Payment	88 500	70 800
Land Buildings Operating Leases Expiring Between Two Five Years	13 068	13 068
Loans From Directors Within One Year	4 425	4 425
Loans Other Than Banks Loans Overdrafts Finance Charges	137 470
Net Debt Funds	-1 390 344	-1 049 176
Net Increase Decrease In Shareholders Funds	-606 428
Net Payments For Reacquisition Or Redemption Shares	1 090 159
Number Shares Allotted	1 690	1 340		740
Operating Profit Loss	867 540
Other Creditors Due Within One Year	1	1
Other Departments Average Number Employees	3
Other Interest Receivable	4 647
Other Interest Receivable Similar Income	12 762
Other Reserves			403	403
Other Taxation Social Security Within One Year	1 006 957
Pension Costs	28 749
Pension Costs Defined Contribution Scheme	28 749
Percentage Associate Held				50
Percentage Joint-venture Held		50
Prepayments Accrued Income Current Asset	9 086	19 742
Profit Loss For Period	572 231
Profit Loss On Ordinary Activities Before Tax	742 832
Purchase Tangible Fixed Assets	5 776
Repayment Borrowings	4 530 789
Share Capital Allotted Called Up Paid			7	7
Social Security Costs	18 052
Staff Costs	194 474
Standard Nominal Tax Rate	23
Tangible Fixed Assets Additions		1 012		515
Tangible Fixed Assets Cost Or Valuation	71 169	22 575	23 633	24 148
Tangible Fixed Assets Depreciation	63 069	18 424	21 028	22 608
Tangible Fixed Assets Depreciation Charged In Period		2 805		1 580
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		41 797
Tangible Fixed Assets Disposals		41 798
Taxation Expense Credit	153 192
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	168 549
Tax On Profit Or Loss On Ordinary Activities	170 601
Total Depreciation Amortisation Impairment Charges	4 215
Total U K Foreign Current Tax After Adjustments Relief	170 601
Trade Creditors Within One Year	4 847	79 178
Turnover Gross Operating Revenue	7 790 855
U K Current Corporation Tax On Income For Period	170 601
Value Shares Allotted	957	607
Wages Salaries	147 673