Grayareas Limited in Paignton, TQ3 2DY

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www.grayareas.co.uk

Description

Data updated on: 01-11-2023

Grayareas started conducting its business in the year 2002 as a Private Limited Company with reg. no. 04427026. The company has been functioning for twenty two years and it's currently active. This firm's registered office is situated in Paignton at 2 Great Headland Road. Anyone could also locate the company by its area code of TQ3 2DY. The company's principal business activity number is 87300 and their NACE code stands for Residential care activities for the elderly and disabled. 2022-06-30 is the last time when the accounts were reported.

One of the tasks of Grayareas is to provide health care services. It has three locations, all of which are in Devon County. Kingsmount Residential Home in Paignton has operated since 2011-01-07, and provides home care without nursing. The company caters for the needs of patients with dementia and older people. For further information, please call the following phone number: 01803663460. All the information concerning the firm can also be obtained on the phone number: 01803522148or on the company's website www.grayareas.co.uk. Apart from its main unit in Paignton, the company also works in Mount Olivet Nursing Home located in Paignton and Torre House placed in Torquay. The firm joined HSCA on 2011-01-07. As for the medical procedures included in the offer, the centre provides patients with accommodation for persons requiring nursing or personal care, diagnosis, screening, treatment of diseases, disorders and injuries.

With 20 job advert since 2014-07-11, the corporation has been one of the most active companies on the employment market. Recently, it was searching for candidates in Paignton and Torquay Devon. They most often hire full time employers to work in Overtime mode. They hire applicants on such posts as for instance: Administrator/ Accounts Assistant, Rgn Nurse For Prestigious Nursing Home Inc £500 Bonus and Catering Assistant/ Kitchen Porter & Care Assistant (30 hours).

As the data suggests, the following firm was established in 2002 and has so far been steered by five directors, and out of them two (Louisa M. and Victoria G.) are still a part of the company. In order to find professional help with legal documentation, the firm has been utilizing the skills of Carole W. as a secretary since 2020.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency	GBP	GBP	GBP	GBP	GBP

Balance Sheet
Cash Bank On Hand	154 189	142 883	234 220	363 900	623 622
Debtors	85 051	137 650	223 226	214 573	67 053
Net Assets Liabilities	477 439	566 863	984 692	1 244 963	1 468 204
Other Debtors	15 980	1 039	22 489	22 489	22 489
Property Plant Equipment	2 743 669	2 734 421	3 115 001	3 154 444	3 161 365
Total Inventories	1 000	1 000	1 000	1 000	1 000

Other Financial Data
Accrued Liabilities Deferred Income		37 587	39 080	28 671	23 813
Accumulated Depreciation Impairment Property Plant Equipment	240 337	258 944	276 004	284 620	305 493
Amounts Owed By Directors		30 374	69 199	73 233	17
Average Number Employees During Period	87	95	94	84	96
Bank Borrowings Overdrafts	2 158 848	2 050 848	1 978 595	1 796 288	1 637 285
Corporation Tax Payable			22 489	15 561
Creditors	2 158 848	2 050 848	1 978 595	1 796 288	1 637 285
Depreciation Rate Used For Property Plant Equipment				25	25
Disposals Decrease In Depreciation Impairment Property Plant Equipment			-481	-9 926	-4
Disposals Property Plant Equipment			-1 518	-13 318	-50
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Other Comprehensive Income		-11 912	-121 890
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Profit Or Loss	-21 000	-29 638	-51 878	-58 970	-7 682
Increase From Depreciation Charge For Year Property Plant Equipment		18 607	17 541	18 542	20 877
Net Deferred Tax Liability Asset	53 291	82 929	256 697	315 667	323 349
Nominal Value Allotted Share Capital	2 000	2 000	2 000	2 000	2 000
Number Shares Issued Fully Paid		2 000	2 000	200 000	200 000
Other Creditors	154 758	161 991	130 181	128 457	143 057
Other Provisions Balance Sheet Subtotal	53 291	82 929	256 697	315 667	323 349
Other Taxation Payable	34 044	39 227	33 033	36 174	92 055
Par Value Share		1	1	0	0
Prepayments Accrued Income		6 847	14 686	13 910	12 903
Property Plant Equipment Gross Cost	2 984 006	2 993 365	3 391 005	3 439 064	3 466 858
Remaining Financial Commitments			5 636	6 544	7 524
Total Additions Including From Business Combinations Property Plant Equipment		9 359	399 158	61 377	27 844
Trade Creditors Trade Payables	22 529	19 093	30 347	28 816	35 557
Trade Debtors Trade Receivables	69 071	99 390	116 852	104 941	31 644
Useful Life Property Plant Equipment Years				10	10