Momentum Homes Limited in Burgess Hill, RH15 9NF

Description

Data updated on: 01-11-2023

Momentum Homes began its operations in 1999 as a Private Limited Company registered with number: 03894574. The business has been active for twenty five years and the present status is active. This firm's head office is situated in Burgess Hill at Sterling House. You can also locate the company by its post code : RH15 9NF. Even though lately it's been operating under the name of Momentum Homes Limited, it previously was known under a different name. The firm was known as Link-up Properties Nationwide Franchising until Mon, 6th Nov 2000, when the name was replaced by Rent It Nationwide. The definitive transformation occurred on Wed, 28th Mar 2007. This business's principal business activity number is 68209 and has the NACE code: Other letting and operating of own or leased real estate. The business latest financial reports describe the period up to 30th April 2022 and the most recent annual confirmation statement was filed on 20th March 2023.

Julian K. and Christopher N. are the company's directors and have been cooperating as the Management Board since 1999. To provide support to the directors, the limited company has been using the skills of Caroline N. as a secretary since 2018.

Previous company's names
Momentum Homes Limited 2007-03-28
Rent It Nationwide Limited 2000-11-06
Link-up Properties Nationwide Franchising Limited 1999-12-15

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-04-30	2014-04-30	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency
Net Worth	442 713	737 136	2 443 068	2 540 115

Balance Sheet
Cash Bank On Hand				1 737 766	578 368	279 278	488 648	20 547	9 787	7 352	3 627
Current Assets	10 273 019	8 057 449	8 635 365	8 283 082	7 052 345	5 377 546	3 966 272	3 267 653	3 308 037	3 237 454	3 209 232
Debtors	52 340	39 358	1 248 621	18 515	1 325 260	3 684 725	3 091 810	2 921 855	3 298 250	3 230 102	3 205 605
Net Assets Liabilities				2 540 115	2 793 196	3 833 474	4 356 454	3 637 084	3 746 827	3 408 360	3 343 943
Other Debtors	20 187	20 344				21 948	27 369	22 715	22 760	134 956	146 830
Property Plant Equipment				449 209	437 283	425 357	1 152 000	1 104 000	1 056 000	1 008 000	960 000
Total Inventories				6 526 801	5 148 717	1 413 543	385 814	325 251
Cash Bank In Hand	16 902	23 433	115 845	1 737 766
Net Assets Liabilities Including Pension Asset Liability	442 713	737 136	2 443 068	2 540 115
Stocks Inventory	10 203 777	7 994 658	7 270 899	6 526 801
Tangible Fixed Assets	484 989	473 063	461 136	449 209
Trade Debtors	32 153	19 014

Capital & Reserves
Called Up Share Capital		120	120	120
Profit Loss Account Reserve	442 593	737 016	2 442 948	2 539 995
Shareholder Funds	442 713	737 136	2 443 068	2 540 115

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment				222 946	234 873	246 799	123 852	171 852	219 852	267 852	315 852
Amounts Owed By Group Undertakings Participating Interests						3 655 828	3 064 441	2 899 140	3 275 490	3 095 146	3 058 775
Amounts Owed To Group Undertakings Participating Interests						30 642
Average Number Employees During Period				3	4	5	4
Bank Borrowings Overdrafts						1 573 015	720 689	689 845	554 628	807 050	771 125
Corporation Tax Payable						274 809	8 398	19 104	36 917	6 858	15 337
Creditors				479 144	206 618	396 414	41 129	44 724	62 582	30 044	54 164
Depreciation Rate Used For Property Plant Equipment					2	2	2	2	2	2	2
Increase From Depreciation Charge For Year Property Plant Equipment					11 927	11 927	48 000	48 000	48 000	48 000	48 000
Net Current Assets Liabilities	9 269 809	6 879 018	7 623 327	7 825 386	6 845 727	4 981 132	3 925 143	3 222 929	3 245 455	3 207 410	3 155 068
Other Creditors						21 346	10 995	840	840	840	840
Other Remaining Borrowings											11 500
Other Taxation Social Security Payable						1 154
Property Plant Equipment Gross Cost					672 156	672 156	1 275 852	1 275 852	1 275 852	1 275 852	1 275 852
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment							-170 947
Total Assets Less Current Liabilities	9 754 798	7 352 081	8 084 463	8 274 595	7 283 010	5 406 489	5 077 143	4 326 929	4 301 455	4 215 410	4 115 068
Total Increase Decrease From Revaluations Property Plant Equipment							603 696
Trade Creditors Trade Payables						68 463	21 736	24 780	24 825	22 346	26 487
Trade Debtors Trade Receivables						6 949
Creditors Due After One Year	9 312 085	6 614 945	5 641 395	5 734 480
Creditors Due Within One Year	1 003 210	1 178 431	1 012 038	479 144
Net Proceeds From Issue Shares Other Equity Instruments Excluding Shares Issued To Minority Interests	120
Number Shares Allotted		20	20
Par Value Share		1	1
Share Capital Allotted Called Up Paid	20	20	20
Tangible Fixed Assets Cost Or Valuation	672 156	672 156	672 156	672 156
Tangible Fixed Assets Depreciation	187 167	199 093	211 020	222 947
Tangible Fixed Assets Depreciation Charged In Period		11 926	11 927	11 927
Fixed Assets		473 063	461 136	449 209
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal			20 766	21 448