Initiative Factory (trading Company) Limited in Chester, CH3 5AR

Description

Data updated on: 01-11-2023

Initiative Factory (trading Company) Limited is officially located at Chester at Cholmondeley House. Anyone can look up the firm by its post code - CH3 5AR. Initiative Factory (trading Company)'s launching dates back to year 2000. The enterprise is registered under the number 04127589 and company's last known status is active. This business's Standard Industrial Classification Code is 56302 which means Public houses and bars. The most recent accounts were submitted for the period up to 2022-12-31 and the most current annual confirmation statement was submitted on 2022-12-19.

That limited company owes its success and constant development to a group of three directors, who are Jaqueline R., Anthony N. and Frank L., who have been leading the company since October 2018. Additionally, the managing director's duties are aided with by a secretary - Anthony N., who was officially appointed by this specific limited company twenty four years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	69 782	38 838	32 352	19 732	62 490	65 146	48 486
Current Assets	74 032	48 517	36 602	24 232	66 990	69 646	49 486
Debtors	50	5 429
Net Assets Liabilities	-5 073	-21 431	-47 675	-66 289	-76 821	-102 509	-14 601
Other Debtors		4 879
Property Plant Equipment	12 014	13 623	11 661	8 746	6 559	5 755	4 720
Total Inventories	4 200	4 250	4 250	4 500	4 500	4 500	1 000

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	35 987	40 528	44 415	47 330	49 517	51 434	53 010
Average Number Employees During Period	13	14	11	10	10	10	9
Balances Amounts Owed To Related Parties	80 455	74 194	83 710	89 505	87 489	115 346
Bank Borrowings Overdrafts					50 000	9 648	9 648
Creditors	91 119	83 508	96 046	99 778	101 166	141 883	42 819
Depreciation Rate Used For Property Plant Equipment		25	25	25	25	25	25
Fixed Assets	12 014	13 623	11 661	8 746	6 559	5 755	4 720
Income From Related Parties			9 516	5 795	2 016	27 856	115 346
Increase Decrease Due To Transfers Between Classes Property Plant Equipment						-1 925
Increase From Depreciation Charge For Year Property Plant Equipment		4 541	3 887	2 915	2 187	1 917	1 576
Net Current Assets Liabilities	-17 087	-34 991	-59 444	-75 546	-34 176	-72 237	6 667
Other Creditors		74 194	83 710	89 505	92 565	120 917	19 000
Other Taxation Social Security Payable		5 040	6 631	4 717	8 601	11 275	10 664
Payments To Related Parties	751	6 261			2 016
Property Plant Equipment Gross Cost	48 001	54 151	56 076	56 076	56 076	57 189	57 730
Provisions For Liabilities Balance Sheet Subtotal		63	-108	-511	-796
Total Additions Including From Business Combinations Property Plant Equipment						1 113	541
Total Assets Less Current Liabilities	-5 073	-21 368	-47 783	-66 800	-27 617	-66 482	11 387
Trade Creditors Trade Payables		4 274	5 705	5 556		43	3 507
Trade Debtors Trade Receivables		550
Wages Salaries	90 028	105 138