Nine Estates Limited in Watford, WD17 1DS

Description

Data updated on: 01-11-2023

2013 signifies the start of Nine Estates Limited, a company which is situated at Vivek House, 65-67 Clarendon Road in Watford. This means it's been eleven years Nine Estates has been in the UK, as the company was created on 2013-07-23. The company's registered no. is 08620660 and its area code is WD17 1DS. This company's registered with SIC code 55100 and their NACE code stands for Hotels and similar accommodation. Its most recent accounts describe the period up to 2022-06-28 and the most recent confirmation statement was filed on 2023-07-21.

This business owes its accomplishments and permanent progress to two directors, namely Jasbir C. and Gursharan C., who have been in charge of the company since 2021. To help the directors in their tasks, the business has been utilizing the skills of Gursharan C. as a secretary since July 2013.

Executives with significant control over the firm are: Jasbir C. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Gursharan C. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-10-31	2014-10-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2021-06-28	2022-06-28
Currency
Net Worth	2	3 035	2 033 008

Balance Sheet
Cash Bank On Hand			553	556 561	84 732	17 088	91 964	473 388	378 302
Current Assets	2	193 341	187 985	733 218	1 201 754	1 557 439	1 697 696	2 803 912	3 262 183
Debtors		186 514	187 985	176 657	1 117 022	1 540 351	1 605 732	2 330 524	2 883 881
Net Assets Liabilities			2 093 009	2 051 287	2 282 540	2 256 667	3 251 103	5 176 772	5 390 018
Property Plant Equipment			7 036 347	7 036 347	6 861 512	4 618 160	4 495 348	6 043 336	5 911 336
Other Debtors					1 067 575	1 401 317	1 504 914	2 199 209	2 821 722
Cash Bank In Hand	2	6 827
Net Assets Liabilities Including Pension Asset Liability	2	3 035	2 033 008
Tangible Fixed Assets		4 896 746	7 036 347

Capital & Reserves
Called Up Share Capital	2	2	2
Profit Loss Account Reserve		3 033	33 006
Shareholder Funds	2	3 035	2 033 008

Other Financial Data
Creditors			592 969	890 557	3 592 747	3 589 064	3 276 000	3 720 000	3 324 000
Net Current Assets Liabilities	2	113 206	59 473	-157 339	-986 225	-561 420	-438 453	622 041	817 162
Total Assets Less Current Liabilities	2	5 009 952	7 095 820	6 879 008	5 875 287	6 225 731	7 066 895	9 675 377	9 738 498
Audit Fees Expenses						2 400	2 200	600
Fees For Non-audit Services						6 250	6 000	10 000	12 000
Accumulated Depreciation Impairment Property Plant Equipment					274 835	314 626	437 438	635 438	767 438
Additional Provisions Increase From New Provisions Recognised						380 000	159 792	238 813	245 875
Average Number Employees During Period					58	58	58	33	33
Bank Borrowings					3 744 000	3 589 064	3 432 000	156 000	276 000
Bank Borrowings Overdrafts					3 592 747	3 589 064	3 276 000	3 720 000	3 324 000
Increase From Depreciation Charge For Year Property Plant Equipment						157 551	122 812	198 000	132 000
Other Creditors					1 693 566	1 612 623	1 543 461	1 458 468	1 624 809
Other Taxation Social Security Payable					162 554	10 061	13 830	9 490	999
Profit Loss						354 127	994 436	153 423	213 246
Property Plant Equipment Gross Cost					7 136 347	4 932 786	4 932 786	6 678 774
Provisions						380 000	539 792	778 605	1 024 480
Provisions For Liabilities Balance Sheet Subtotal						380 000	539 792	778 605	1 024 480
Trade Creditors Trade Payables					180 606	232 037	218 838	146 643	160 940
Trade Debtors Trade Receivables					49 447	105 702	64 901	103 135	46 414
Accrued Liabilities						8 500	8 250	32 309	57 593
Administrative Expenses						787 281	851 595	886 818	1 020 296
Cash Cash Equivalents Cash Flow Value						17 088	91 964	473 388
Comprehensive Income Expense						-25 873	994 436	1 925 669	213 246
Corporation Tax Payable						165 070	138 315	240 829	263 244
Cost Sales						1 152 083	1 087 111	865 757	898 112
Current Tax For Period						57 267	69 244	102 514	114 493
Depreciation Amortisation Expense						39 790	122 813	155 117	132 000
Depreciation Expense Property Plant Equipment						157 551	122 812	198 000	132 000
Fixed Assets		4 896 746	7 036 347			6 787 151	7 505 348	9 053 336	8 921 336
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax						-380 000		1 772 246
Further Item Interest Expense Component Total Interest Expense									2 721
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss						-2 364	-115
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						24 866	-111 955	-56 792	120 735
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						-423 329	-65 381	-724 790	-553 357
Gross Profit Loss						1 303 490	1 338 994	1 330 191	1 690 097
Income Taxes Paid Refund Classified As Operating Activities							-95 999	-1	-92 078
Increase Decrease Due To Transfers Between Classes Property Plant Equipment								42 883
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation						-67 644	74 876	381 424	-95 086
Interest Expense On Bank Overdrafts						105 319	105 452	125 517	105 190
Interest Paid Classified As Operating Activities						-105 319	-105 452	-125 517	-107 911
Interest Payable Similar Charges Finance Costs						105 319	105 452	125 517	107 911
Investment Property						2 168 991	3 010 000	3 010 000	3 010 000
Investment Property Fair Value Model						2 168 991	3 010 000	3 010 000
Net Cash Flows From Used In Financing Activities						154 935	157 065	-444 000	276 000
Net Cash Flows From Used In Investing Activities						-34 570		-69 140
Net Cash Flows From Used In Operating Activities						-52 721	-231 941	131 716	-180 914
Net Cash Generated From Operations						-158 040	-433 392	6 198	-380 903
Number Shares Issued Fully Paid							2	2	2
Operating Profit Loss						516 713	487 915	620 267	681 525
Other Comprehensive Income Expense Net Tax						-380 000		1 772 246
Other Deferred Tax Expense Credit							159 792	238 813	245 875
Other Operating Income Format1						504	516	165 664	11 724
Par Value Share	1						2	2	2
Pension Other Post-employment Benefit Costs Other Pension Costs						70 251	54 063	8 598	4 564
Prepayments						33 332	35 917	28 180	15 745
Proceeds From Borrowings Classified As Financing Activities								-600 000
Proceeds From Sales Property Plant Equipment						-34 570
Profit Loss On Ordinary Activities Before Tax						411 394	1 223 472	494 750	573 614
Purchase Other Long-term Assets Classified As Investing Activities								-69 140
Repayments Borrowings Classified As Financing Activities						-154 935	-157 065	-156 000	-276 000
Social Security Costs						43 918	48 708	36 502	33 734
Staff Costs Employee Benefits Expense						843 499	791 951	637 801	508 614
Tax Tax Credit On Profit Or Loss On Ordinary Activities						57 267	229 036	341 327	360 368
Total Increase Decrease From Revaluations Property Plant Equipment								1 772 245
Total Operating Lease Payments						648	258	70	41
Turnover Revenue						2 455 573	2 426 105	2 195 948	2 588 209
Wages Salaries						729 330	689 180	558 657	470 316
Creditors Due After One Year		5 006 917	5 062 812
Creditors Due Within One Year		80 135	128 512
Number Shares Allotted	2
Revaluation Reserve			2 000 000
Share Capital Allotted Called Up Paid	2
Tangible Fixed Assets Additions		4 996 746	139 601
Tangible Fixed Assets Cost Or Valuation		4 996 746	7 136 347
Tangible Fixed Assets Depreciation		100 000	100 000
Tangible Fixed Assets Depreciation Charged In Period		100 000
Tangible Fixed Assets Increase Decrease From Revaluations			2 000 000

Company staff

Jasbir C.

Role: Director

Appointed: 24 October 2021

Latest update: 6 April 2024

Gursharan C.

Role: Director

Appointed: 23 July 2013

Latest update: 6 April 2024

Gursharan C.

Role: Secretary

Appointed: 23 July 2013

Latest update: 6 April 2024

People with significant control

Jasbir C.

Notified on 15 December 2022

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Gursharan C.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Vivek C.

Notified on 6 April 2016

Ceased on 15 December 2022

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Jasbir C.

Notified on 25 September 2022

Ceased on 25 September 2022

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

right to manage directors

Accounts Documents

Account next due date	28 March 2024
Account last made up date	28 June 2022
Confirmation statement next due date	04 August 2024
Confirmation statement last made up date	21 July 2023

Annual Accounts 20 May 2015
Start Date For Period Covered By Report	2013-07-23
End Date For Period Covered By Report	2013-10-31
Date Approval Accounts	20 May 2015
Annual Accounts 7 October 2015
Start Date For Period Covered By Report	2013-11-01
End Date For Period Covered By Report	2014-10-31
Date Approval Accounts	7 October 2015
Annual Accounts 31 October 2016
Start Date For Period Covered By Report	2014-11-01
End Date For Period Covered By Report	2015-12-31
Date Approval Accounts	31 October 2016
Annual Accounts
Start Date For Period Covered By Report	01 January 2018
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	01 January 2019
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	28 June 2021
Annual Accounts
Start Date For Period Covered By Report	29 June 2021
End Date For Period Covered By Report	28 June 2022
Annual Accounts
End Date For Period Covered By Report	31 December 2016

Nine Estates Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Jasbir C.

Gursharan C.

Gursharan C.

Vivek C.

Vivek C.

People with significant control

Jasbir C.

Gursharan C.

Vivek C.

Jasbir C.

Accounts Documents

Company filings

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