Grolar Developments Limited in Manchester, M3 2PJ

Description

Data updated on: 01-11-2023

Grolar Developments is a firm with it's headquarters at M3 2PJ Manchester at Reedham House. The company has been registered in year 2017 and is established as reg. no. 10988419. The company has been on the English market for seven years now and company last known status is active. This business's classified under the NACE and SIC code 68100 and has the NACE code: Buying and selling of own real estate. Its latest accounts cover the period up to 2022-03-31 and the latest confirmation statement was submitted on 2023-09-05.

That business owes its accomplishments and unending improvement to a team of two directors, who are David S. and Guy H., who have been in charge of it since Friday 29th September 2017.

The companies with significant control over this firm include: Hornsearle Property Group Limited owns over 3/4 of company shares. This business can be reached in Manchester at 31 King Street West, M3 2PJ and was registered as a PSC under the reg no 12973464.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-09-30	2019-09-30	2020-09-30	2021-03-31	2022-03-31
Currency

Balance Sheet
Cash Bank On Hand	74 347	72 641	606 055	2 901 746	9 031 554
Current Assets	123 192	1 322 687	4 141 522	16 057 103	48 486 297
Debtors	48 845	401 771	1 524 552	10 398 729	16 088 903
Other Debtors	48 345	386 932	696 752	5 529 243	3 928 643
Total Inventories		828 275	1 990 915	2 636 628	23 256 518
Net Assets Liabilities		493 082	1 784 611	11 669 638	4 103 972
Property Plant Equipment				2 250	2 000

Other Financial Data
Audit Fees Expenses					36 000
Director Remuneration					24 450
Dividend Recommended By Directors					20 000 000
Average Number Employees During Period	2	2	8	17	36
Creditors	85 652	829 605	388 450	601 109	2 940 861
Current Asset Investments		20 000	20 000	120 000	109 322
Net Current Assets Liabilities	37 540	493 082	1 555 927	10 462 942	1 179 415
Number Shares Issued Fully Paid		50			50
Other Creditors	76 800	722 621	388 450	558 609	2 905 151
Other Current Asset Investments Balance Sheet Subtotal		20 000	20 000	120 000	109 322
Other Taxation Social Security Payable	8 852	106 984	303 074	2 206 003
Par Value Share		1			1
Total Assets Less Current Liabilities	37 540	493 082	2 173 061	12 330 202	7 156 741
Trade Debtors Trade Receivables	500	14 839	43 036	64 554	11 521
Accrued Liabilities				19 201	4 135 508
Accumulated Depreciation Impairment Property Plant Equipment				250	500
Additional Provisions Increase From New Provisions Recognised					52 453
Additions Other Than Through Business Combinations Investment Property Fair Value Model			617 129	937 202	5 039
Administrative Expenses				-5 350 031	2 387 456
Amount Borrowing Repayable Within Set Time				1 655 122	14 531 330
Amounts Owed By Associates					1 925 513
Amounts Owed By Group Undertakings			784 764	4 804 932	9 977 095
Amounts Owed To Group Undertakings			9 747	341 555	19 946 145
Amounts Owed To Related Parties					1 626 432
Applicable Tax Rate				19	19
Bank Borrowings				7 500	7 145
Bank Borrowings Overdrafts			388 450	42 500	35 710
Comprehensive Income Expense				9 915 027	12 434 334
Corporation Tax Payable				2 206 003	4 917 901
Cost Sales				30 873 161	68 923 122
Current Tax For Period				1 903 582	2 632 448
Depreciation Expense Property Plant Equipment				250	250
Dividend Per Share Interim					400 000
Dividends Paid				30 000	20 000 000
Dividends Paid On Shares				30 000	20 000 000
Dividends Paid On Shares Interim				15 000	20 000 000
Fixed Assets			617 134	1 867 260	5 977 326
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax				310 669
Further Item Interest Expense Component Total Interest Expense				105 000	44 113
Further Item Non-operating Gain Loss Before Tax Income Statement Item Component Profit Or Loss Before Tax					134 961
Gain Loss On Disposals Property Plant Equipment				6 334 814	150 156
Gross Profit Loss				4 678 494	17 167 275
Income From Shares In Group Undertakings				1 450 967	505 000
Income Tax Expense Credit On Components Other Comprehensive Income				59 027
Increase Decrease In Investment Property Fair Value Model					134 961
Increase From Depreciation Charge For Year Property Plant Equipment				250	250
Interest Expense On Bank Loans Similar Borrowings				625	841
Interest Payable Similar Charges Finance Costs				105 625	937 550
Investment Property			617 129	1 865 000	2 005 000
Investment Property Fair Value Model			617 129	1 865 000	2 005 000
Investments				10	3 970 326
Investments Fixed Assets			5	10	3 970 326
Investments In Associates					50
Investments In Associates Joint Ventures Participating Interests					50
Investments In Group Undertakings			5	10	13
Loans Owed By Related Parties				710 361	832 872
Loans Owed To Related Parties				-1 054 121
Loans To Associates					3 932 548
Loans To Associates Joint Ventures Participating Interests					3 932 548
Merchandise				2 636 628	23 256 518
Operating Profit Loss				10 160 702	15 170 805
Other Comprehensive Income Expense Net Tax				251 642
Other Deferred Tax Expense Credit				428	52 453
Other Interest Receivable Similar Income Finance Income				61 351	246 019
Other Investments Other Than Loans					37 715
Other Operating Income Format1				132 177	390 986
Pension Other Post-employment Benefit Costs Other Pension Costs				21 004	35 710
Percentage Class Share Held In Joint Venture					50
Percentage Class Share Held In Subsidiary					100
Prepayments					246 131
Profit Loss				9 663 385	12 434 334
Profit Loss On Ordinary Activities Before Tax				11 567 395	15 119 235
Property Plant Equipment Gross Cost				2 500
Provisions				59 455	111 908
Provisions For Amounts Owed By Related Parties					-60 000
Provisions For Liabilities Balance Sheet Subtotal				59 455	111 908
Social Security Costs				94 965	153 454
Staff Costs Employee Benefits Expense				853 366	1 470 671
Tax Decrease Increase From Effect Revenue Exempt From Taxation				275 684	95 950
Tax Expense Credit Applicable Tax Rate				2 197 805	2 872 655
Tax Increase Decrease From Effect Capital Allowances Depreciation					10 354
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				7	2 493
Tax Tax Credit On Profit Or Loss On Ordinary Activities				1 904 010	2 684 901
Total Additions Including From Business Combinations Property Plant Equipment				2 500
Total Borrowings		603 449	1 247 716
Trade Creditors Trade Payables				310 659	1 335 149
Turnover Revenue				35 551 655	86 090 397
Wages Salaries				737 397	1 281 507

Company staff

David S.

Role: Director

Appointed: 29 September 2017

Latest update: 11 April 2024

Guy H.

Role: Director

Appointed: 29 September 2017

Latest update: 11 April 2024

People with significant control

Hornsearle Property Group Limited

Address: Reedham House 31 King Street West, Manchester, M3 2PJ, England

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered England

Place registered The Registrar Of Companies For England And Wales

Registration number 12973464

Notified on 27 April 2021

Nature of control:

over 3/4 of shares

Guy H.

Notified on 29 September 2017

Ceased on 27 April 2021

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

David S.

Notified on 29 September 2017

Ceased on 27 April 2021

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	19 September 2024
Confirmation statement last made up date	05 September 2023

Annual Accounts
Start Date For Period Covered By Report	29 September 2017
End Date For Period Covered By Report	30 September 2018
Annual Accounts
Start Date For Period Covered By Report	01 October 2018
End Date For Period Covered By Report	30 September 2019
Annual Accounts
Start Date For Period Covered By Report	01 October 2019
End Date For Period Covered By Report	30 September 2020
Annual Accounts
Start Date For Period Covered By Report	01 October 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022

Grolar Developments Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

David S.

Guy H.

Michael R.

People with significant control

Hornsearle Property Group Limited

Guy H.

David S.

Accounts Documents

Company filings

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