Padwicks Travel (wembley) Limited in Middlesex, HA0 2DH

Description

Data updated on: 01-11-2023

Padwicks Travel (wembley) Limited with reg. no. 01592708 has been competing in the field for fourty three years. This particular Private Limited Company is officially located at 523 High Road, Wembley in Middlesex and company's post code is HA0 2DH. The firm's SIC and NACE codes are 79110 which means Travel agency activities. The company's latest filed accounts documents describe the period up to 2022-12-31 and the most current confirmation statement was released on 2023-05-15.

From the data we have gathered, this company was incorporated fourty three years ago and has so far been presided over by five directors, out of whom two (Pramilaben P. and Rashmikant P.) are still a part of the company.

Executives with significant control over the firm are: Rashmikant P. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Pramilaben P. 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	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	86 008	75 886	166 493	167 374	847 770	1 947 743	161 187
Current Assets	572 939	596 669	770 976	294 971	1 039 372	2 043 664	1 557 384
Debtors	486 931	520 783	604 483	127 597	191 602	95 921	1 396 197
Net Assets Liabilities	6 814 784	7 402 900	8 887 170	8 891 854	10 150 203	10 163 778	10 030 138
Other Debtors	399 313	433 798	550 958				1 283 190
Property Plant Equipment	12 638	10 743	9 132	7 761	6 597	5 527	4 697

Other Financial Data
Fees For Non-audit Services	12 510	17 230	12 584	11 784	13 284
Director Remuneration	24 000	24 000	32 000	32 000	26 667
Number Directors Accruing Benefits Under Money Purchase Scheme			1	1	1
Accrued Liabilities Deferred Income	39 920	81 732	38 478	266 192	438 398	556 341	736 550
Accumulated Amortisation Impairment Intangible Assets	295 312	332 226	369 140	406 054	442 968
Accumulated Depreciation Impairment Property Plant Equipment	11 075	12 970	14 581	15 952	17 116	17 936	18 766
Additions Other Than Through Business Combinations Investment Property Fair Value Model		3 160 786	30 877	2 242	597 755
Amortisation Expense Intangible Assets	36 914	36 914	36 914	36 914	36 914
Amounts Owed To Directors	143 413	228 895	221 490
Applicable Tax Rate	20	19	19	19	19
Average Number Employees During Period	34	36	36	34	33	26	25
Bank Borrowings	423 600	423 600	1 035 075	30 000	30 000	30 000	30 000
Bank Borrowings Overdrafts	834 200	410 600	165 000	922 408	879 121	2 675 000	2 556 472
Comprehensive Income Expense	254 528	559 204	1 486 775	79 598	1 258 349	13 575	-133 640
Corporation Tax Payable	33 788		49 920	36 039	36 039	23 037	32 755
Corporation Tax Recoverable		18 576
Creditors	2 207 817	3 778 626	4 705 615	4 594 345	4 935 142	6 236 088	5 417 179
Current Tax For Period	50 554	38 478	142 578	105 540	-146 997
Deferred Tax Liabilities	315	331	333	325	311	278	342
Depreciation Expense Property Plant Equipment	70 703	60 430	50 632	43 367	32 420
Fixed Assets	9 279 705	13 194 709	14 714 615	14 715 486	16 157 686	16 055 616	16 054 786
Further Item Interest Expense Component Total Interest Expense	3 272	1 628	1	3 623	65 388
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	56 284	-57 066	34 100	8 884	2 446
Gain Loss On Disposals Property Plant Equipment	-8 078	-4 875			100 524
Increase Decrease In Current Tax From Adjustment For Prior Periods		10 624
Increase From Amortisation Charge For Year Intangible Assets		36 914	36 914	36 914	36 914
Increase From Depreciation Charge For Year Property Plant Equipment		1 895	1 611	1 371	1 164	976	830
Intangible Assets	442 974	406 060	369 146	332 232	295 318
Intangible Assets Gross Cost	738 286	738 286	738 286	738 286
Interest Expense On Bank Loans Similar Borrowings	462 111	433 925	530 209	559 080	497 855
Interest Expense On Bank Overdrafts	5				126
Interest Payable Similar Charges Finance Costs	465 388	435 553	530 210	562 703	563 369
Investment Property	9 067 067	12 983 966	14 505 394	14 507 636	15 951 000	15 850 000	15 850 000
Investment Property Fair Value Model	9 067 067	12 983 966	14 505 394	14 507 636	15 951 000	15 850 000
Investments Fixed Assets	200 000	200 000	200 089	200 089	200 089	200 089	200 089
Investments In Group Undertakings	200 000	200 000	200 089	200 089	200 089	200 089	200 089
Net Assets Liabilities Subsidiaries	-469 525	-598 434	-891 254	-1 096 439	-238 038	-272 173	-629 222
Net Current Assets Liabilities	8 304	-1 625 441	-521 472	-558 346	-189 173	1 208 195	529 277
Number Shares Issued Fully Paid		60 000	60 000	60 000	60 000	60 000	60 000
Other Creditors	49 270	1 703 161	55 203	370 272	588 359	55 884	55 262
Other Deferred Tax Expense Credit	-47 120	40 786	216 716	57 040	187 459
Other Remaining Borrowings	352 706	352 706	352 706	352 706	50 000	50 000	50 000
Pension Other Post-employment Benefit Costs Other Pension Costs	6 213	6 800	7 743
Percentage Class Share Held In Subsidiary		100	100	100	100	100	100
Prepayments Accrued Income	18 915	12 438	26 374	33 256	91 806	39 898	37 661
Profit Loss	233 585	559 204	1 821 997	79 598	1 258 349	13 575	-133 640
Profit Loss On Ordinary Activities Before Tax	237 019	791 395	2 181 291	454 326	380 666
Profit Loss Subsidiaries	52 887	128 909	292 820	205 185	-858 401	34 135	357 049
Property Plant Equipment Gross Cost	23 713	23 713	23 713	23 713	23 713	23 463
Provisions	265 408	387 742	600 358	670 941	883 168	863 945	1 136 746
Provisions For Liabilities Balance Sheet Subtotal	265 408	387 742	600 358	670 941	883 168	863 945	1 136 746
Social Security Costs	118 499	94 235	93 057	96 821	74 006
Staff Costs Employee Benefits Expense	1 030 309	1 083 944	1 055 045	1 099 777	928 182
Tax Decrease From Utilisation Tax Losses	7 407	18 576
Tax Decrease Increase From Effect Revenue Exempt From Taxation	382	132 641	293 582		237 879
Tax Expense Credit Applicable Tax Rate	47 404	150 365	414 445	86 322	72 327
Tax Increase Decrease From Effect Capital Allowances Depreciation	6 861	16 226	15 121	13 602	12 156
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	4 078	4 726	6 594	5 616	6 399
Tax Tax Credit On Profit Or Loss On Ordinary Activities	3 434	89 888	359 294	162 580	40 462
Total Assets Less Current Liabilities	9 288 009	11 569 268	14 193 143	14 157 140	15 968 513	17 263 811	16 584 063
Total Borrowings		423 600	1 035 075	30 000	80 000	80 000	80 000
Total Current Tax Expense Credit	50 554	49 102	142 578
Total Operating Lease Payments	28 138	54 644	117 313	71 092	54 732
Trade Creditors Trade Payables	18 057	3 989	55 840	45 158	44 222	33 154	44 588
Trade Debtors Trade Receivables	68 703	55 971	27 151	94 341	99 796	56 023	75 346
Turnover Revenue	54 214 775	62 278 705	94 374 197	99 481 273	12 226 313
Value-added Tax Payable		9 628	57 932
Wages Salaries	905 597	982 909	961 988	1 002 956	854 176
Disposals Decrease In Depreciation Impairment Property Plant Equipment						156
Disposals Investment Property Fair Value Model					350 000
Disposals Property Plant Equipment						250