Knotts Bakery Limited in Newtownards, BT23 7HS

Description

Data updated on: 01-11-2023

Registered with number NI073769 fifteen years ago, Knotts Bakery Limited was set up as a Private Limited Company. The firm's official mailing address is 49 High Street, Newtownards. The enterprise's SIC code is 56290 meaning Other food services. Knotts Bakery Ltd reported its latest accounts for the financial period up to Friday 30th September 2022. The firm's latest annual confirmation statement was filed on Monday 11th September 2023.

The company operates in Restaurant/Cafe/Canteen and Retailers - other. Its FHRSID is 04/0581/0049/0008. It reports to Ards and North Down and its last food inspection was carried out on 2014-05-08 , Newtownards, BT23 7HS. The most recent quality assessment result obtained by the company is 5, which translates as very good. The components comprising this value are the following inspection results: 5 for hygiene, 5 for its structural management and 5 for confidence in management.

As the data suggests, the following company was built in 2009 and has so far been managed by seven directors, out of whom two (William C. and Gareth C.) are still active. In order to help the directors in their tasks, this specific company has been utilizing the expertise of William C. as a secretary since May 2022.

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	145 100	272 225	479 874	545 973	114 829
Current Assets	524 274	712 880	649 663	711 333	265 183
Debtors	354 174	415 655	144 789	85 360	60 354
Net Assets Liabilities	1 358 199	1 190 890	1 175 436	1 187 178	888 307
Other Debtors	54 174	53 030	48 111	67 550	32 040
Property Plant Equipment	1 421 336	1 382 175	1 366 054	1 316 684	1 340 754
Total Inventories	25 000	25 000	25 000	80 000	90 000

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets	472 184	525 685	579 185	632 685	686 185
Accumulated Depreciation Impairment Property Plant Equipment	558 741	640 222	694 113	770 796	718 001
Amounts Owed By Related Parties	300 000	350 000	80 000
Amounts Owed To Group Undertakings					196 221
Average Number Employees During Period	72	77	73	76	76
Bank Borrowings Overdrafts	303 229	292 344	262 890	275 356
Corporation Tax Payable	48 356	76 314	89 886	97 669	37 864
Creditors	733 229	722 344	706 192	715 529	430 000
Dividends Paid On Shares	597 816	544 315	490 815
Finance Lease Liabilities Present Value Total			13 302	10 173
Fixed Assets	2 019 152	1 926 489	1 856 869	1 753 999	1 724 569
Increase From Amortisation Charge For Year Intangible Assets		53 501	53 500	53 500	53 500
Increase From Depreciation Charge For Year Property Plant Equipment		81 482	83 891	76 683	82 560
Intangible Assets	597 816	544 315	490 815	437 315	383 815
Intangible Assets Gross Cost	1 070 000	1 070 000	1 070 000	1 070 000
Net Current Assets Liabilities	151 386	65 090	102 360	216 892	-341 847
Other Creditors	76 619	320 789	214 343	147 201	92 423
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			30 000		135 355
Other Disposals Property Plant Equipment			30 000		135 355
Other Remaining Borrowings	430 000	430 000	430 000	430 000	430 000
Other Taxation Social Security Payable	1 799	34 475	16 941	16 721	22 879
Property Plant Equipment Gross Cost	1 980 077	2 022 397	2 060 167	2 087 480	2 058 755
Provisions For Liabilities Balance Sheet Subtotal	79 110	78 346	77 601	68 184	64 415
Total Additions Including From Business Combinations Property Plant Equipment		42 320	67 770	27 313	106 630
Total Assets Less Current Liabilities	2 170 538	1 991 580	1 959 229	1 970 891	1 382 722
Trade Creditors Trade Payables	188 837	185 812	192 023	192 785	257 643
Trade Debtors Trade Receivables		12 625	16 678	17 810	28 314

Company staff

William C.

Role: Director

Appointed: 05 May 2022

Latest update: 6 April 2024

Gareth C.

Role: Director

Appointed: 05 May 2022

Latest update: 6 April 2024

William C.

Role: Secretary

Appointed: 05 May 2022

Latest update: 6 April 2024