Gales Restaurants Limited in London, N7 7PX

Description

Data updated on: 01-11-2023

Gales Restaurants started conducting its business in the year 1959 as a Private Limited Company registered with number: 00634361. The company has been active for sixty five years and it's currently active. The company's office is situated in London at 178 Seven Sisters Road. Anyone can also locate this business by its zip code of N7 7PX. The enterprise's classified under the NACE and SIC code 56101 - Licensed restaurants. The firm's most recent annual accounts were submitted for the period up to 2022-03-31 and the most current annual confirmation statement was filed on 2023-02-28.

In order to meet the requirements of the clients, the following limited company is continually being led by a group of three directors who are Alexander K., Kyriacos K. and Kyriacos P.. Their outstanding services have been of great use to this specific limited company for two years. To support the directors in their duties, this specific limited company has been utilizing the skills of Kyriacos P. as a secretary since 2008.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	-502 779	-222 644	158 436

Balance Sheet
Cash Bank On Hand				517 979	295 101	597 702	317 202	336 346	180 693	310 827	39 601
Current Assets	70 680	98 888	442 222	543 713	362 526	665 832	418 353	364 941	205 658	459 940	74 048
Debtors	54 045	29 107	76 231	9 894	46 595	46 570	78 671	7 525	10 725	125 373	11 797
Net Assets Liabilities				323 974	312 258	454 102	431 437	348 836	-199 134	725 738	54 775
Property Plant Equipment				313 014	301 636	260 945	262 933	229 086	229 656	289 567	240 914
Total Inventories				15 840	20 830	21 560	22 480	21 070	14 240	23 740	22 650
Cash Bank In Hand	2 590	52 341	347 231
Net Assets Liabilities Including Pension Asset Liability	-502 779	-222 644	158 436
Stocks Inventory	14 045	17 440	18 760
Tangible Fixed Assets	770 418	701 275	628 524

Capital & Reserves
Called Up Share Capital	10 000	10 000	10 000
Profit Loss Account Reserve	-512 779	-232 644	148 436
Shareholder Funds	-502 779	-222 644	158 436

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets				65 528	77 673	89 818	101 962	114 106	126 251	138 396	150 540
Accumulated Depreciation Impairment Property Plant Equipment				563 154	616 213	663 280	709 680	750 107	790 634	845 570	894 223
Average Number Employees During Period				41	44			35	34	31	30
Creditors				734 140	541 146	649 772	414 802	398 000	775 112	452 288	376 562
Fixed Assets	770 418	701 275	628 524	514 401	490 878	438 042	427 886	381 895	370 320	418 086	357 289
Increase From Amortisation Charge For Year Intangible Assets					12 145		12 144		12 145	12 145	12 144
Increase From Depreciation Charge For Year Property Plant Equipment					53 059		46 400		40 527	54 936	48 653
Intangible Assets				201 387	189 242	177 097	164 953	152 809	140 664	128 519	116 375
Intangible Assets Gross Cost				266 915	266 915	266 915	266 915	266 915	266 915	266 915	266 915
Net Current Assets Liabilities	-636 828	-273 797	175 932	-190 427	-178 620	16 060	3 551	-33 059	-569 454	759 940	-302 514
Property Plant Equipment Gross Cost				876 168	917 849	924 225	972 613	979 193	1 020 290	1 135 137	1 135 137
Total Additions Including From Business Combinations Property Plant Equipment					41 681		48 388		41 097	114 847
Total Assets Less Current Liabilities	133 590	427 479	804 456	323 974	312 258	454 102	431 437	348 836	-199 134	1 178 026	54 775
Creditors Due After One Year	636 369	650 123	646 020
Creditors Due Within One Year	707 508	372 684	266 290
Number Shares Allotted		10 000	10 000
Par Value Share		1	1
Share Capital Allotted Called Up Paid	10 000	10 000	10 000
Tangible Fixed Assets Additions		24 608	10 304
Tangible Fixed Assets Cost Or Valuation	1 082 011	1 106 619	1 116 923
Tangible Fixed Assets Depreciation	311 593	405 344	488 399
Tangible Fixed Assets Depreciation Charged In Period		93 751	83 056