Gateway Auctions Limited in Clitheroe, BB7 9JU

Description

Data updated on: 01-11-2023

2002 is the year of the start of Gateway Auctions Limited, a firm located at Gateway Auctions Mitton Road, Whalley, Clitheroe. That would make twenty two years Gateway Auctions has been on the local market, as it was established on 2002-11-21. The reg. no. is 04597604 and the zip code is BB7 9JU. This enterprise's classified under the NACE and SIC code 82990: Other business support service activities not elsewhere classified. 2023-02-28 is the last time when company accounts were reported.

Gateway Auctions Ltd is a small-sized vehicle operator with the licence number OC1080965. The firm has one transport operating centre in the country. In their subsidiary in Clitheroe on Gisburn, 2 machines and 1 trailer are available.

There's a team of two directors managing this limited company at the moment, including Rachel S. and David S. who have been utilizing the directors responsibilities since 2013.

Executives with significant control over the firm are: Rachel S. owns 1/2 or less of company shares. David S. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-02-28	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency
Net Worth	748 180	954 822	802 147

Balance Sheet
Cash Bank In Hand	590 941	388 002	424 732
Cash Bank On Hand			424 732	701 455	310 439	418 686	334 932	1 440 313	607 021	999 097
Current Assets	816 580	907 474	775 688	1 077 154	1 338 896	1 550 854	1 971 935	3 310 700	3 852 226	3 727 563
Debtors	60 069	99 722	129 827	97 596	741 202	1 084 983	1 425 646	1 614 833	2 359 053	2 282 646
Net Assets Liabilities			802 147	884 407	1 004 942	1 281 768	1 692 248	2 268 975	2 892 511	3 541 685
Net Assets Liabilities Including Pension Asset Liability	748 180	954 822	802 147
Other Debtors			91 607	61 485	711 622	982 170	1 315 026	1 510 673	2 329 133	2 257 302
Property Plant Equipment			98 900	76 097	175 595	116 761	95 312	37 328	48 265	191 708
Stocks Inventory	165 570	419 750	221 129
Tangible Fixed Assets	45 351	169 471	98 900
Total Inventories			221 129	278 103	287 255	47 185	211 357	255 554	886 152	445 820

Capital & Reserves
Called Up Share Capital	4	4	4
Profit Loss Account Reserve	748 176	954 818	802 143
Shareholder Funds	748 180	954 822	802 147

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment			67 248	97 608	168 009	182 643	201 242	185 996	199 588	226 601
Additional Provisions Increase From New Provisions Recognised				-4 560	7 306	-11 011		-1 005	2 077	27 255
Average Number Employees During Period				5	5	5	5	5	5	8
Balances Amounts Owed To Related Parties				781	430
Bank Borrowings Overdrafts				145 618	176 000			150 000	95 000	65 000
Creditors			52 661	253 624	41 474	12 114	366 901	150 000	95 000	65 000
Creditors Due Within One Year	108 837	118 366	52 661
Disposals Decrease In Depreciation Impairment Property Plant Equipment						23 050	12 620	27 499		35 084
Disposals Property Plant Equipment						92 200	28 846	73 996		46 000
Dividends Paid				280 450
Finance Lease Liabilities Present Value Total					41 474	12 114
Increase Decrease In Property Plant Equipment					136 846	48 000
Increase From Depreciation Charge For Year Property Plant Equipment				30 360	34 212	26 033	31 219	12 253	13 592	62 097
Net Current Assets Liabilities	707 743	789 108	723 027	823 530	893 347	1 188 636	1 605 034	2 388 740	2 948 416	3 451 402
Number Shares Allotted		4	4
Number Shares Issued Fully Paid				4				4	4	4
Other Creditors			4 029	4 736	143 657	115 028	210 695	217 779	159 192	29 228
Other Taxation Social Security Payable			46 254	96 504	75 776	121 090	130 065	157 217	160 589	155 304
Par Value Share		1	1	1				1	1	1
Profit Loss				362 710
Property Plant Equipment Gross Cost			166 148	173 705	136 846	299 404	296 554	223 324	247 853	418 309
Provisions			19 780	15 220	22 526	11 515	8 098	7 093	9 170	36 425
Provisions For Liabilities Balance Sheet Subtotal			19 780	15 220	22 526	11 515	8 098	7 093	9 170	36 425
Provisions For Liabilities Charges	4 914	3 757	19 780
Share Capital Allotted Called Up Paid	4	4	4
Tangible Fixed Assets Additions		151 181	287 832
Tangible Fixed Assets Cost Or Valuation	172 934	206 151	166 148
Tangible Fixed Assets Depreciation	127 583	36 680	67 248
Tangible Fixed Assets Depreciation Charged In Period		5 038	30 568
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		95 941
Tangible Fixed Assets Disposals		117 964	327 835
Total Additions Including From Business Combinations Property Plant Equipment				7 557	169 899	48 000	25 996	766	24 529	216 456
Total Assets Less Current Liabilities	753 094	958 579	821 927	899 627	1 068 942	1 305 397	1 700 346	2 426 068	2 996 681	3 643 110
Trade Creditors Trade Payables			2 378	6 766	101	62 037	26 141	546 964	554 029	61 629
Trade Debtors Trade Receivables			38 220	36 111	29 580	102 813	110 620	104 160	29 920	25 344
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss							-3 417