Lancing Double Glazing Limited in Brighton, BN1 1UF

Description

Data updated on: 01-11-2023

Lancing Double Glazing came into being in 2004 as a company enlisted under no 05068894, located at BN1 1UF Brighton at Ground Floor. The company has been in business for 20 years and its state is active. The firm's registered with SIC code 43342 : Glazing. The latest annual accounts describe the period up to 2022-09-30 and the latest confirmation statement was submitted on 2023-04-03.

Having four recruitment advert since 2016/09/09, Lancing Double Glazing has been active on the labour market. On 2018/01/12, it started recruiting new workers for a full time General Builder/Bricklayer post in Lancing, and on 2016/09/09, for the vacant post of a full time Window & Door Fabricater in Lancing. They employ applicants on such posts as: Experienced Window / Conservatory Installer and Builder.

With regards to this particular firm, just about all of director's tasks have so far been fulfilled by Brian K. who was formally appointed in 2019 in December. For 5 years Beverley K., had performed the duties for this specific firm up to the moment of the resignation in June 2017. Furthermore another director, specifically Brian K. resigned in December 2019. In order to support the directors in their duties, this particular firm has been using the skills of Brian K. as a secretary since 2004.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	10	43	4	9 786	-1 958	29 615

Balance Sheet
Cash Bank On Hand						4 431	18 600	8 035	2 269	18 126	32 199	55 491
Current Assets	12 257	6 877	12 528	35 339	43 024	24 128	45 601	187 146	117 852	165 900	303 410	385 516
Debtors	11 686	6 877	12 417	17 219	41 061	19 697	27 000	162 651	99 123	123 824	246 211	300 025
Net Assets Liabilities						14 119	507	27 483	8 996	-28 206	6 492	36 837
Other Debtors							18 004	148 780	62 635	109 047	102 281	92 396
Property Plant Equipment						196 894	195 454	48 802	46 730	34 368	24 787	14 034
Total Inventories								16 460	16 460	23 950	25 000	30 000
Cash Bank In Hand	571	139	111	120	1 963	4 431
Intangible Fixed Assets				6 814	88 000	77 000
Net Assets Liabilities Including Pension Asset Liability	10	43	4	9 786	-1 958	29 615
Tangible Fixed Assets				203 588	198 813	196 894
Stocks Inventory				18 000

Capital & Reserves
Called Up Share Capital	2	2	2	2	2	2
Profit Loss Account Reserve	8	41	2	9 784	-1 960	29 613
Shareholder Funds	10	43	4	9 786	-1 958	29 615

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets						33 000	44 000	55 000	66 000	77 000	88 000	99 000
Accumulated Depreciation Impairment Property Plant Equipment						7 521	8 961	10 040	12 539	23 694	29 525	40 278
Additions Other Than Through Business Combinations Property Plant Equipment									13 707		8 750
Administration Support Average Number Employees									2	2	2	2
Average Number Employees During Period									19	14	14	15
Bank Borrowings						22 836	1 923			58 333	44 929	32 094
Creditors						283 712	306 469	263 457	198 312	58 333	44 929	32 094
Decrease In Loans Owed By Related Parties Due To Loans Repaid								-18 005	-148 780	-62 635	-149 046	-102 282
Disposals Decrease In Depreciation Impairment Property Plant Equipment									-10 040	-302	-5 469
Disposals Property Plant Equipment								-145 573	-13 280	-1 207	-12 500
Fixed Assets				6 814	286 813	273 894	261 454	103 802	90 730	67 368	46 787	25 034
Future Minimum Lease Payments Under Non-cancellable Operating Leases							15 000	15 000	20 312	20 312	16 112	15 000
Increase Decrease In Loans Owed By Related Parties Attributable To Interest Transactions									1 845	2 120	2 609	2 403
Increase From Amortisation Charge For Year Intangible Assets							11 000	11 000	11 000	11 000	11 000	11 000
Increase From Depreciation Charge For Year Property Plant Equipment							1 440	1 079	12 539	11 457	11 300	10 753
Increase In Loans Owed By Related Parties Due To Loans Advanced								148 780	60 790	106 926	139 673	89 995
Intangible Assets						77 000	66 000	55 000	44 000	33 000	22 000	11 000
Intangible Assets Gross Cost						110 000	110 000	110 000	110 000	110 000	110 000	110 000
Loans Owed By Related Parties							18 005	148 780	62 635	109 046	102 282	92 398
Minimum Operating Lease Payments Recognised As Expense							15 000	15 000	20 312	20 312	16 112	15 000
Net Current Assets Liabilities	10	43	12 528	35 339	-266 439	-244 088	-260 869	-76 311	-80 460	-36 462	5 881	45 189
Other Creditors								14 376	6 000	6 000	6 000	8 000
Other Departments Average Number Employees									17	12	12	13
Other Inventories								9 600	9 600	13 500	23 000	30 000
Other Payables Accrued Expenses						1 625	1 750	1 800	1 855	1 905	1 955	2 110
Other Remaining Borrowings						62	20 000	25 000	25 000	25 000	25 000	25 000
Prepayments								4 215	3 764	3 750		2 636
Property Plant Equipment Gross Cost						204 415	204 415	58 842	59 269	58 062	54 312	54 312
Provisions For Liabilities Balance Sheet Subtotal						191	78	8	1 274	779	1 247	1 292
Taxation Social Security Payable						127 464	90 739	49 233	9 237	59 993	84 149	101 854
Total Assets Less Current Liabilities	10	43	12 528	42 153	20 374	29 806	585	27 491	10 270	30 906	52 668	70 223
Total Borrowings						22 898	21 923	25 000	25 000	58 333	44 929	32 094
Trade Creditors Trade Payables						116 420	169 578	133 250	144 229	89 295	147 454	146 825
Trade Debtors Trade Receivables						19 697	8 997	9 656	32 724	11 029	143 930	204 993
Unpaid Contributions To Pension Schemes								358
Work In Progress								6 860	6 860	10 450	2 000
Creditors Due After One Year			12 524	30 567	22 332
Creditors Due Within One Year		12 608	12 524	374 587	309 463	268 216
Intangible Fixed Assets Aggregate Amortisation Impairment				2 271	22 000
Intangible Fixed Assets Amortisation Charged In Period				2 271	11 000
Intangible Fixed Assets Cost Or Valuation				9 085
Number Shares Allotted			2	2	2	2
Par Value Share			1	1	1	1
Secured Debts					37 743
Share Capital Allotted Called Up Paid		2	2	2	2
Tangible Fixed Assets Cost Or Valuation				207 289	204 415
Tangible Fixed Assets Depreciation				3 701	5 602
Tangible Fixed Assets Depreciation Charged In Period					3 113
Tangible Fixed Assets Depreciation Decrease Increase On Disposals					1 212
Tangible Fixed Assets Disposals					2 874
Advances Credits Directors					7 714
Creditors Due Within One Year Total Current Liabilities	12 247	6 834
Provisions For Liabilities Charges						191
Accruals Deferred Income				1 800
Intangible Fixed Assets Additions				9 085