Ad Business Recovery Limited in Colchester, CO1 1TG

Description

Data updated on: 01-11-2023

Ad Business Recovery Limited has existed in the business for 21 years. Started with Companies House Reg No. 04715415 in 2003, the firm is registered at Suite E, 2nd Floor, The Octagon,, Colchester CO1 1TG. Up till now Ad Business Recovery Limited switched it’s listed name three times. Before 2022-08-01 the company used the name Lb Insolvency Solutions. Later on the company used the name Lake Bushells Insolvency Solutions that was in use until 2022-08-01 then the current name was accepted. The enterprise's classified under the NACE and SIC code 82990: Other business support service activities not elsewhere classified. Ad Business Recovery Ltd released its account information for the financial period up to 2022-08-31. The firm's latest annual confirmation statement was submitted on 2023-03-17.

When it comes to this specific firm, just about all of director's tasks have so far been executed by Andrew D. who was appointed on 2014-08-11. The firm had been directed by Mark M. up until 2021. Furthermore a different director, namely Chris A. resigned in 2021.

Previous company's names
Ad Business Recovery Limited 2022-08-01
Lb Insolvency Solutions Limited 2007-03-30
Lake Bushells Insolvency Solutions Limited 2003-04-25
Daleforge Limited 2003-03-28

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-08-31	2012-08-31	2013-08-31	2014-08-31	2015-08-31	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31
Currency
Net Worth	2 342	2 335	2 335	-32 474	-2 896	300

Balance Sheet
Cash Bank On Hand						43 427	44 509		31 532	44 001	34 995
Current Assets	104 025	81 097	142 532	106 162	189 237	248 684	225 008	256 629	331 381	414 214	425 593
Debtors	19 248	19 681	25 993	14 242	5 050	15 000	24 018		299 849	370 213	390 598
Net Assets Liabilities							276	324	324	45 515	533
Other Debtors						300	300		284 368	350 706	382 180
Property Plant Equipment						1 744	2 037		3 861	3 397	3 603
Total Inventories						190 257	156 481
Cash Bank In Hand	47 744	3 050		23 513	39 389
Net Assets Liabilities Including Pension Asset Liability	2 342	2 335	2 335	-32 474	-2 896	300
Stocks Inventory	37 033	58 366	116 539	68 407	144 798
Tangible Fixed Assets	1 879	1 893	1 307	906	2 117

Capital & Reserves
Called Up Share Capital	300	300	300	300	300
Profit Loss Account Reserve	2 042	2 035	2 035	-32 774	-3 196
Shareholder Funds	2 342	2 335	2 335	-32 474	-2 896	300

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets							1 563		4 688	6 250
Accumulated Depreciation Impairment Property Plant Equipment						14 721	15 729		19 436	21 088	22 400
Additions Other Than Through Business Combinations Intangible Assets							6 250
Additions Other Than Through Business Combinations Property Plant Equipment							1 302
Average Number Employees During Period								6	6	10	11
Bank Borrowings Overdrafts										46 857	38 079
Corporation Tax Payable						57 470	18 605		90 991	70 474	51 816
Creditors						250 128	231 456	263 147	336 480	46 857	38 079
Dividends Paid On Shares									1 562
Fixed Assets	1 879	1 893	1 307	906	2 116	1 744	6 724	6 842	5 423	3 397
Increase From Amortisation Charge For Year Intangible Assets							1 563			1 562
Increase From Depreciation Charge For Year Property Plant Equipment							1 008			1 652	1 312
Intangible Assets							4 687		1 562
Intangible Assets Gross Cost							6 250		6 250	6 250
Net Current Assets Liabilities	463	442	1 028	-33 380	-5 012	-1 444	6 448	6 518	5 099	88 975	35 009
Number Shares Issued Fully Paid							300
Other Creditors						185 105	197 228		234 233	190 263	267 267
Other Taxation Social Security Payable						7 553	15 623		11 256	61 359	61 935
Par Value Share		1	1	1	1		1
Property Plant Equipment Gross Cost						16 464	17 766		23 297	24 485	26 003
Total Additions Including From Business Combinations Property Plant Equipment										1 188	1 518
Total Assets Less Current Liabilities	2 342	2 335	2 335	-32 474	-2 896	300	276	324	324	92 372	38 612
Trade Debtors Trade Receivables						14 700	23 718		15 481	19 507	8 418
Creditors Due Within One Year	103 562	80 655	141 504	139 542	194 249	250 128
Number Shares Allotted		100	100	100	300
Share Capital Allotted Called Up Paid	100	100	100	100	300
Tangible Fixed Assets Additions		860			2 216
Tangible Fixed Assets Cost Or Valuation	12 690	13 550	13 550	13 550	15 766
Tangible Fixed Assets Depreciation	10 811	11 657	12 243	12 644	13 649
Tangible Fixed Assets Depreciation Charged In Period		846	586	401	1 005