Ian Williams Racing Limited in Bromsgrove, B61 7DN

Description

Data updated on: 01-11-2023

Ian Williams Racing is a firm located at B61 7DN Bromsgrove at Meryll House. This company was set up in 2006 and is registered under reg. no. 05994888. This company has existed on the UK market for 18 years now and company status at the time is active. Since 2007/01/11 Ian Williams Racing Limited is no longer under the name Fone House (UK). This business's SIC code is 96090 and their NACE code stands for Other service activities not elsewhere classified. Ian Williams Racing Ltd filed its latest accounts for the period that ended on 2021-11-30. The firm's latest confirmation statement was submitted on 2022-11-10.

Ian W. is this particular company's solitary director, who was formally appointed in 2006. Since 2006/11/10 Sohail K., had performed assigned duties for this specific business up until the resignation 18 years ago.

Ian W. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Previous company's names
Ian Williams Racing Limited 2007-01-11
Fone House (UK) Limited 2006-11-10

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-11-30	2012-11-30	2013-11-30	2014-11-30	2015-11-30	2016-11-30	2017-11-30	2018-11-30	2019-11-30	2020-11-30	2021-11-30	2022-11-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	12 333	4 047	13 800	-6 765	786	18 111

Balance Sheet
Cash Bank In Hand	8 522	16 107	10 839	3 036	2 640	7 298
Cash Bank On Hand							5 900	44 337	55 143	277 963	106 448	160 372
Current Assets	377 237	412 035	524 956	818 039	658 617	715 227	898 617	926 352	716 465	638 151	1 328 193	1 083 453
Debtors	303 035	313 175	271 269	379 420	321 655	275 602	460 234	593 951	640 322	309 288	779 289	673 594
Net Assets Liabilities							10 246	12 775	47 775	16 407	191 689	166 247
Net Assets Liabilities Including Pension Asset Liability	12 333	4 047	13 800	-6 765	7 241	18 111
Other Debtors											15 000	15 000
Property Plant Equipment							99 213	163 022	151 739	122 314	197 090
Stocks Inventory	65 680	82 753	242 848	435 583	320 822	452 327
Tangible Fixed Assets	29 015	41 887	35 718	141 706	106 279	79 708
Total Inventories							439 327	288 064	21 000	50 900	442 456	249 487

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	12 233	3 947	13 700	-6 865	7 141	18 011
Shareholder Funds	12 333	4 047	13 800	-6 765	786	18 111

Other Financial Data
Accrued Liabilities							2 850	2 850	2 850	2 850	4 350	23 956
Accrued Liabilities Deferred Income							16 682	28 683	15 849	11 435	11 763	20 844
Accumulated Amortisation Impairment Intangible Assets							1 500	1 500	1 500	1 500	1 500
Accumulated Depreciation Impairment Property Plant Equipment							140 324	167 380	218 652	260 992	324 627	201 905
Average Number Employees During Period							27	32	33	34	30	28
Bank Borrowings Overdrafts							33 907		12 630	4 167	10 022	15 033
Corporation Tax Payable							172		17 010	19 617	58 644	29 886
Corporation Tax Recoverable							2 560	2 560
Creditors						778 465	22 222	35 918	17 492	52 122	35 078	1 003 807
Creditors Due After One Year	45 000			36 032	12 850
Creditors Due Within One Year	343 116	443 152	541 086	902 137	722 919	780 882
Disposals Decrease In Depreciation Impairment Property Plant Equipment								27 285			3 734	4 102
Disposals Property Plant Equipment								29 500			6 300	6 000
Finance Lease Liabilities Present Value Total							22 222	35 918	17 492	7 955
Fixed Assets	29 015	41 887	35 718	141 706	106 279	79 708	99 213	163 022	151 739	122 314	197 090	145 929
Increase Decrease In Property Plant Equipment								44 155
Increase From Depreciation Charge For Year Property Plant Equipment								54 341	51 272	42 340	67 369	39 103
Intangible Assets Gross Cost							1 500	1 500	1 500	1 500	1 500
Intangible Fixed Assets Aggregate Amortisation Impairment	1 500	1 500	1 500	1 500	1 500
Intangible Fixed Assets Cost Or Valuation	1 500	1 500	1 500	1 500	1 500
Merchandise							439 327	288 064	21 000	50 900	442 456	249 487
Net Current Assets Liabilities	34 121	-31 117	-16 130	-84 098	-64 932	-45 655	-46 902	-83 355	-57 642	-28 005	76 599	79 646
Number Shares Allotted		100	100	100	100	100
Other Creditors							3 780	6 066	2 423	518	1 840	1 131
Other Remaining Borrowings							20 000	20 000	20 000	20 000	20 000	20 000
Other Taxation Social Security Payable							14 552	15 021	8 920	13 880	16 349	10 871
Par Value Share		1	1	1	1	1
Prepayments							3 717	4 316	14 963	19 646	18 821	19 041
Property Plant Equipment Gross Cost							239 537	330 402	370 391	383 306	521 717	51 592
Provisions For Liabilities Balance Sheet Subtotal							19 843	30 974	28 830	25 780	46 922	34 273
Provisions For Liabilities Charges	5 803	6 723	5 788	28 341	28 341	15 942
Share Capital Allotted Called Up Paid	100	100	100	100	100	100
Tangible Fixed Assets Additions		26 833	5 738	159 130
Tangible Fixed Assets Cost Or Valuation	53 776	80 609	86 347	231 477	231 477
Tangible Fixed Assets Depreciation	24 761	38 722	50 629	89 771	125 198	151 769
Tangible Fixed Assets Depreciation Charged In Period		13 961	11 907	47 236	35 427	26 571
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				8 094
Tangible Fixed Assets Disposals				14 000
Total Additions Including From Business Combinations Property Plant Equipment								120 365	39 989	12 915	144 711	982
Total Assets Less Current Liabilities	63 136	10 770	19 588	57 608	41 347	16 470	52 311	79 667	94 097	94 309	273 689	225 575
Trade Creditors Trade Payables							679 180	750 797	412 394	145 271	616 836	212 203
Trade Debtors Trade Receivables							453 957	587 075	625 359	289 642	499 562	393 647