Oakwood Palace Trading Limited in Westcliff-on-sea, SS0 7LP

Description

Data updated on: 01-11-2023

Oakwood Palace Trading Limited has existed on the market for at least 14 years. Registered with number 07338384 in the year 2010, it is located at 114 Hamlet Court Road, Westcliff-on-sea SS0 7LP. This firm's principal business activity number is 56101 : Licensed restaurants. The business latest accounts describe the period up to 2022-08-31 and the latest annual confirmation statement was released on 2023-08-06.

According to the latest update, there is only a single managing director in the company: Ying M. (since 2021-04-22). This firm had been led by Dunstana D. until August 2010. In addition another director, specifically Gee F. resigned 3 years ago. To provide support to the directors, this specific firm has been utilizing the skills of Yin L. as a secretary since August 2010.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-08-31	2017-08-31	2018-08-31	2019-08-31	2020-08-31	2021-08-31
Currency

Balance Sheet
Cash Bank On Hand	45 785	27 519	24 718	50 009	62 645	89 363
Current Assets	51 701	32 471	29 900	54 921	69 742	97 770
Debtors	3 022	2 923	2 949	2 965	6 026	6 657
Net Assets Liabilities	25 668	13 195	7 557	31 148	36 451	29 997
Other Debtors	3 022	2 923	2 949	2 965	3 236	6 657
Property Plant Equipment	754	2 402	1 518	1 139	601	63
Total Inventories	2 894	2 029	2 234	1 947	1 071	1 750

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	3 278	4 160	5 044	5 581	6 119	6 657
Additions Other Than Through Business Combinations Property Plant Equipment		2 530		158
Average Number Employees During Period	9	8	8	8	5	5
Bank Borrowings						50 000
Creditors	26 636	21 198	23 558	24 912	33 892	17 836
Increase From Depreciation Charge For Year Property Plant Equipment		882	883	537	538	538
Net Current Assets Liabilities	25 065	11 274	6 343	30 009	35 850	79 934
Other Creditors	4 585	2 992	4 258	4 918	9 896	5 180
Property Plant Equipment Gross Cost	4 032	6 562	6 562	6 720	6 720	6 720
Provisions For Liabilities Balance Sheet Subtotal	151	480	304
Taxation Social Security Payable	14 972	14 683	14 861	17 332	21 512	8 083
Total Assets Less Current Liabilities	25 819	13 675	7 861	31 148	36 451	79 997
Trade Creditors Trade Payables	7 079	3 523	4 439	2 662	2 484	4 573
Trade Debtors Trade Receivables					2 790