Vesta Wealth Limited in Carlisle, CA2 7AF

Description

Data updated on: 01-11-2023

Vesta Wealth came into being in 2010 as a company enlisted under no 07118302, located at CA2 7AF Carlisle at Minerva House. It has been in business for fourteen years and its current state is active. It currently known as Vesta Wealth Limited, was earlier known under the name of Investacc Wealth Management. The change has taken place in Thursday 30th July 2020. This enterprise's declared SIC number is 66190 - Activities auxiliary to financial intermediation n.e.c.. The business most recent filed accounts documents cover the period up to 2022-10-31 and the most recent annual confirmation statement was submitted on 2023-01-10.

In order to be able to match the demands of the client base, this specific limited company is consistently developed by a team of four directors who are, to enumerate a few, Matthew G., Nicholas G. and Julia B.. Their successful cooperation has been of great importance to this limited company since Friday 3rd November 2023. Furthermore, the director's responsibilities are often helped with by a secretary - Julia B., who was appointed by this limited company on Thursday 7th January 2010.

Previous company's names
Vesta Wealth Limited 2020-07-30
Investacc Wealth Management Limited 2010-01-07

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31
Currency

Balance Sheet
Cash Bank On Hand	685 930	694 687	743 372	957 949	1 115 750	1 176 096
Current Assets	742 365	743 044	753 937	977 277	1 130 611	1 180 008
Debtors	56 435	48 357	10 565	19 328	14 861	3 912
Net Assets Liabilities	535 377	628 042	764 430	929 916	1 061 925	1 191 597
Other Debtors	1 000
Property Plant Equipment	36 272	101 754	123 373	88 140	60 588	111 049

Other Financial Data
Accrued Liabilities Deferred Income		51 810	29 924	38 825	37 756	32 972
Accumulated Depreciation Impairment Property Plant Equipment	62 692	24 733	20 436	24 662	52 583	20 991
Additional Provisions Increase From New Provisions Recognised			6 975			6 973
Additions Other Than Through Business Combinations Property Plant Equipment			88 033	36 043	369	92 659
Administrative Expenses		852 211	888 354	1 044 649	1 120 787	1 506 036
Amounts Owed To Group Undertakings		2 343
Amounts Owed To Group Undertakings Participating Interests		2 343
Applicable Tax Rate		19	19	19	19	23
Average Number Employees During Period	18	17	19	19	19	20
Cash Cash Equivalents Cash Flow Value		694 687	743 372	957 949	1 115 750	1 176 096
Comprehensive Income Expense		522 666	436 388	575 486	712 009	359 672
Corporation Tax Payable	128 196	93 444	26 001	91 941	90 351	33 636
Cost Sales		580 066	538 840	282 560	167 894	189 072
Creditors	242 808	216 277	105 427	165 224	162 122	101 237
Current Tax For Period		122 968	91 270	140 749	170 270	99 112
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit			6 776	-6 776
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			6 776	-6 776		6 973
Deferred Tax Liabilities			6 776			6 973
Depreciation Expense Property Plant Equipment		25 799	26 638	27 532	27 921	20 553
Depreciation Rate Used For Property Plant Equipment		25	25	25	25	20
Disposals Decrease In Depreciation Impairment Property Plant Equipment		63 757	30 935	23 306		52 145
Disposals Property Plant Equipment		90 505	70 710	33 900		73 790
Dividends Paid		430 000	300 000	410 000	580 000	230 000
Dividends Paid Classified As Financing Activities		430 000	300 000	410 000	580 000	230 000
Dividends Paid On Shares		430 000	300 000	410 000	580 000	230 000
Fixed Assets	36 272	101 754	123 373	118 540	94 113	119 799
Future Minimum Lease Payments Under Non-cancellable Operating Leases			96 000	86 000	66 000	44 000
Gain Loss In Cash Flows From Change In Accrued Items		2 508	-21 886	8 901	-1 069	-4 784
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables		3 370	-19 178	-15 044	-443	614
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables		8 078	37 792	-8 763	4 467	10 949
Gain Loss In Cash Flows From Change In Provisions		26	199			-677
Gain Loss On Disposals Property Plant Equipment		14 052	-274	12 656	6 914	-4 413
Gross Profit Loss		1 495 522	1 420 720	1 754 108	2 002 636	1 956 281
Income Expense Recognised Directly In Equity		-430 000	-300 000	-410 000	-580 000	-230 000
Income Taxes Paid Refund Classified As Operating Activities		157 720	158 713	74 809	171 860	155 827
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		8 757	48 685	214 577	157 801	60 346
Increase Decrease In Existing Provisions				-6 776		-677
Increase Decrease In Net Debt From Cash Flows			-51 028
Increase From Depreciation Charge For Year Property Plant Equipment		25 798	26 638	27 532	27 921	20 553
Interest Income On Bank Deposits		2 323	2 068
Interest Income On Cash Cash Equivalents					430	15 512
Interest Received Classified As Operating Activities		2 323	2 068		430	15 512
Investments			33 150	-7 850	33 525	8 750
Investments Fixed Assets			33 150	30 400	33 525	8 750
Net Cash Flows From Used In Financing Activities		-427 657	-302 343	-410 000	-580 000	-230 000
Net Cash Flows From Used In Investing Activities		-77 228	-48 532	-10 043	3 420	-50 652
Net Cash Flows From Used In Operating Activities		513 642	399 560	634 620	734 381	340 998
Net Cash Generated From Operations		669 039	556 205	709 429	905 811	481 313
Net Current Assets Liabilities	499 557	526 767	648 510	812 053	968 489	1 078 771
Net Debt Funds		-692 344	-743 372
Net Deferred Tax Liability Asset			6 776			6 973
Number Shares Issued Fully Paid		20 000	20 000	20 000	20 000	20 000
Operating Profit Loss		643 311	532 366	709 459	881 849	450 245
Other Creditors	49 301	51 810
Other Interest Receivable Similar Income Finance Income		2 323	2 068		430	15 512
Other Investments Other Than Loans			33 150	-7 850	33 525	8 750
Other Taxation Social Security Payable	14 425	14 621	14 995	18 296	17 782	20 703
Par Value Share		1	1	1	1	1
Pension Costs Defined Contribution Plan		33 528	36 376	16 281	19 763	353 114
Pension Other Post-employment Benefit Costs Other Pension Costs		33 528	36 376	16 281	19 763	353 114
Proceeds From Loans Advances To Group Undertakings Classified As Financing Activities		2 343	-2 343
Proceeds From Repayment Loans Advances To Group Undertakings Classified As Financing Activities			-2 343
Proceeds From Sales Property Plant Equipment		40 799	39 501	23 250	6 914	48 300
Profit Loss		522 666	436 388	575 486	712 009	359 672
Profit Loss On Ordinary Activities Before Tax		645 634	534 434	709 459	882 279	465 757
Property Plant Equipment Gross Cost	98 964	126 486	143 809	112 802	113 171	132 040
Provisions	452	478	7 453	677	677	6 973
Provisions For Liabilities Balance Sheet Subtotal	452	478	7 453	677	677	6 973
Purchase Financial Investments Other Than Trading Investments			12 975	5 100	20 550	8 250
Purchase Property Plant Equipment		118 027	88 033	36 043	369	92 659
Revenue From Rendering Services		2 075 588	1 959 560	2 036 668	2 170 530	2 145 353
Social Security Costs		73 740	69 082	70 905	86 263	86 754
Staff Costs Employee Benefits Expense		713 200	705 648	745 450	845 981	1 213 620
Tax Decrease Increase From Effect Revenue Exempt From Taxation				2 405
Tax Expense Credit Applicable Tax Rate		122 670	101 472	134 797	167 633	104 878
Tax Increase Decrease From Effect Capital Allowances Depreciation		293	-11 811	3 789	2 637	-5 766
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		5	1 609	4 568
Tax Tax Credit On Profit Or Loss On Ordinary Activities		122 968	98 046	133 973	170 270	106 085
Total Assets Less Current Liabilities	535 829	628 520	771 883	930 593	1 062 602	1 198 570
Trade Creditors Trade Payables	50 886	54 060	34 507	16 162	16 233	13 926
Trade Debtors Trade Receivables	55 435	48 357	10 565	19 328	14 861	3 912
Turnover Revenue		2 075 588	1 959 560	2 036 668	2 170 530	2 145 353
Unused Provision Reversed		-26
Wages Salaries		605 932	600 190	658 264	739 955	773 752
Director Remuneration		165 390	171 898	164 620	159 520	168 333

Company staff

Matthew G.

Role: Director

Appointed: 03 November 2023

Latest update: 10 March 2024

Nicholas G.

Role: Director

Appointed: 07 January 2010

Latest update: 10 March 2024

Julia B.

Role: Director

Appointed: 07 January 2010

Latest update: 10 March 2024

Gary M.

Role: Director

Appointed: 07 January 2010

Latest update: 10 March 2024

Julia B.

Role: Secretary

Appointed: 07 January 2010

Latest update: 10 March 2024

People with significant control

Executives with significant control over this firm are: Anne-Marie G. has substantial control or influence over the company. Nicholas G.. Investacc Group Limited owns over 3/4 of company shares. This business can be reached in Carlisle at Port Road Business Park, CA2 7AF, Cumbria and was registered as a PSC under the reg no 7124618.

Anne-Marie G.

Notified on 1 November 2016

Nature of control:

substantial control or influence

Nicholas G.

Notified on 1 November 2016

Nature of control:

right to manage directors

Investacc Group Limited

Address: Minerva House Port Road Business Park, Carlisle, Cumbria, CA2 7AF, United Kingdom

Legal authority Companies Act 2006

Legal form Company

Country registered England

Place registered England & Wales

Registration number 7124618

Notified on 1 November 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	31 July 2024
Account last made up date	31 October 2022
Confirmation statement next due date	24 January 2024
Confirmation statement last made up date	10 January 2023

Annual Accounts
Start Date For Period Covered By Report	2018-11-01
End Date For Period Covered By Report	31/10/2019
Annual Accounts
Start Date For Period Covered By Report	2019-11-01
End Date For Period Covered By Report	31 October 2020
Annual Accounts
Start Date For Period Covered By Report	2020-11-01
End Date For Period Covered By Report	31 October 2021
Annual Accounts
Start Date For Period Covered By Report	2021-11-01
End Date For Period Covered By Report	31 October 2022
Annual Accounts
Start Date For Period Covered By Report	2022-11-01
End Date For Period Covered By Report	31 October 2023

Vesta Wealth Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Matthew G.

Nicholas G.

Julia B.

Gary M.

Julia B.

People with significant control

Anne-Marie G.

Nicholas G.

Investacc Group Limited

Accounts Documents

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies