Falmouth Garages Ltd in Cornwall, TR10 8DA

Description

Data updated on: 01-11-2023

This particular firm is registered in Cornwall under the following Company Registration No.: 02999539. The company was registered in the year 1994. The main office of this firm is located at 9-13 Church Road Penryn. The zip code for this location is TR10 8DA. This firm's classified under the NACE and SIC code 45200 meaning Maintenance and repair of motor vehicles. 2022-12-31 is the last time when the company accounts were reported.

Having five recruitment advert since 4th July 2014, Falmouth Garages has been quite active on the labour market. On 13th March 2018, it started looking for job candidates for a full time Vehicle Technician post in Penryn, and on 4th July 2014, for the vacant post of a full time Service/Aftersales Manager in Penryn. They seek applicants for such positions as for example: Sales Person, Sales Assistant and Vehicle Technician/Mechanic.

For the limited company, the full scope of director's responsibilities have so far been done by Alun K. who was selected to lead the company in 1994. To find professional help with legal documentation, this specific limited company has been utilizing the skills of Cara K. as a secretary since February 2023.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	150	150	150	150	150	55 149	37 132	14 237
Current Assets	552 950	481 731	425 914	457 410	457 661	465 063	358 267	580 748
Debtors	118 171	132 923	157 136	130 918	89 203	18 294	11 275	357 193
Net Assets Liabilities	944 755	981 353	1 037 077	1 046 182	1 062 194	1 140 494	1 166 587	1 174 199
Other Debtors	23 700	3 323	2 716	29 099	27 692	252		351 434
Property Plant Equipment	1 094 998	1 096 123	1 108 076	1 144 814	1 161 794	1 224 826	1 290 084	1 472 320
Total Inventories	434 629	348 658	268 628	326 342	368 308	391 620	309 860	209 318

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	44 995	56 714	68 387	73 285	89 917	109 196	124 144	131 142
Additions Other Than Through Business Combinations Property Plant Equipment		12 844	23 626	11 113	33 612	82 311	83 100	189 234
Amounts Owed By Group Undertakings Participating Interests		63 250	90 500	39 750	50 000
Average Number Employees During Period	8	8	8	8	10	8	10	10
Bank Borrowings	81 024	211 466	191 683	169 537	125 960	81 936	70 000	89 700
Bank Overdrafts	71 355	85 857	91 583	126 493	95 828	43 577	28 971
Corporation Tax Payable	15 844	12 791	7 908	12 236		22 371	5 317
Creditors	690 981	455 676	375 871	482 144	526 940	563 098	382 402	810 307
Fixed Assets	1 195 001	1 196 126	1 208 079	1 269 815	1 286 795	1 349 827	1 290 084	1 522 820
Income Tax Expense Credit On Components Other Comprehensive Income	-870	-1 829
Increase From Depreciation Charge For Year Property Plant Equipment		11 719	11 673	4 898	16 632	19 279	14 948	6 998
Investments Fixed Assets	100 003	100 003	100 003	125 001	125 001	125 001	50 500	50 500
Investments In Group Undertakings	100 003	100 003	100 003	125 001	125 001	125 001	50 500	50 500
Net Current Assets Liabilities	-138 031	26 055	50 043	-24 734	-69 279	-98 035	-24 135	-229 559
Other Creditors	375 636	179 598	123 216	103 555	185 932	224 668	118 600	775 785
Other Disposals Property Plant Equipment				2 477			2 894
Other Taxation Social Security Payable	15 570	12 540	14 534		12 930	-17 255	4 386	-2 155
Property Plant Equipment Gross Cost	1 139 993	1 152 837	1 176 463	1 218 099	1 251 711	1 334 022	1 414 228	1 603 462
Provisions For Liabilities Balance Sheet Subtotal	31 191	29 362	29 362	29 362	29 362	29 362	29 362	29 362
Redeemable Preference Shares Liability								-151
Total Assets Less Current Liabilities	1 056 970	1 222 181	1 258 122	1 245 081	1 217 516	1 251 792	1 265 949	1 293 261
Total Increase Decrease From Revaluations Property Plant Equipment				33 000
Trade Creditors Trade Payables	212 576	164 890	138 630	239 860	232 250	289 737	225 128	36 828
Trade Debtors Trade Receivables	94 471	129 600	63 920	62 069	11 511	18 042	11 275	5 759