Piercefield Asset Management Limited in Cheltenham, GL53 7LE

Description

Data updated on: 01-11-2023

Piercefield Asset Management Limited has existed in the UK for at least twenty six years. Started with Registered No. 03608688 in the year 1998, the company is based at 105-107 Bath Road, Cheltenham GL53 7LE. This company's SIC code is 64999 meaning Financial intermediation not elsewhere classified. The business latest filed accounts documents describe the period up to Fri, 30th Sep 2022 and the latest confirmation statement was released on Thu, 3rd Aug 2023.

In order to be able to match the demands of their client base, the company is permanently being directed by a body of two directors who are Louise O. and Stephen W.. Their support has been of crucial importance to the company since January 2016.

Executives who have control over the firm are as follows: Stephen W. owns over 1/2 to 3/4 of company shares . Louise O. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30
Currency

Balance Sheet
Cash Bank On Hand		134 071	219 477	203 035	256 676	299 102	351 400	418 723	400 204
Current Assets	194 096	148 787	237 031	227 578	277 055	321 703	378 646	445 393	429 245
Debtors	21 594	14 716	17 554	24 543	20 379	22 601	27 246	26 670	29 041
Net Assets Liabilities		383 363	567 933	595 647	665 790	710 003	748 209	786 769	837 263
Other Debtors		14 281	17 072	17 374	1 200
Property Plant Equipment		697 773	703 554	685 482	681 610	672 581	664 677	663 735	653 945
Cash Bank In Hand	172 502	134 071
Intangible Fixed Assets	213 750	186 250
Net Assets Liabilities Including Pension Asset Liability	230 485	383 363
Tangible Fixed Assets	641 875	697 773

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	230 385	383 263

Other Financial Data
Version Production Software					2 020		2 021
Accrued Liabilities				960	1 050	1 050	1 650	14 792	1 590
Accumulated Amortisation Impairment Intangible Assets		101 250	128 750	156 250	182 500	208 750	235 000	261 250	287 500
Accumulated Depreciation Impairment Property Plant Equipment		47 696	62 025	73 887	88 823	103 551	100 510	114 684	129 653
Additions Other Than Through Business Combinations Property Plant Equipment			30 029	1 408	12 565	7 349	13 679	14 841	5 179
Average Number Employees During Period		7	6	6	7	5	5	5	5
Bank Borrowings		377 892	363 441	348 662	333 340	316 110	298 120	279 899	200 222
Bank Borrowings Overdrafts				14 941	15 523	17 003	17 278	17 787	11 329
Bank Overdrafts		13 886	14 489	14 941
Corporation Tax Payable		41 401	34 057
Creditors		151 471	89 267	96 190	59 691	42 211	44 557	64 311	41 139
Deferred Tax Liabilities			5 440	3 811	4 844	4 710	4 937	4 399	4 566
Fixed Assets	855 625	884 023	862 304	816 732	786 610	751 331	717 177	689 985	653 945
Future Minimum Lease Payments Under Non-cancellable Operating Leases		3 116	2 880	2 880	2 880		39 045	20 303	39 045
Increase Decrease In Deferred Tax Liability From Amount Recognised In Profit Or Loss				-1 629	1 033	-134	227	-538	167
Increase From Amortisation Charge For Year Intangible Assets			27 500	27 500	26 250	26 250	26 250	26 250	26 250
Increase From Depreciation Charge For Year Property Plant Equipment			16 838	15 965	16 216	16 143	14 845	15 519	14 969
Intangible Assets		186 250	158 750	131 250	105 000	78 750	52 500	26 250
Intangible Assets Gross Cost		287 500	287 500	287 500	287 500	287 500	287 500	287 500	287 500
Loans From Directors				37 888	21	21	21
Net Current Assets Liabilities	7 893	-2 684	147 764	131 388	217 364	279 492	334 089	381 082	388 106
Nominal Value Allotted Share Capital				100	100	100	100	100	100
Number Shares Allotted		100			100	100	100	100	100
Other Creditors		91 149	32 187	38 848
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			2 509	4 103	1 280	1 415	17 886	1 345
Other Disposals Property Plant Equipment			9 919	7 618	1 501	1 650	24 624	1 609
Other Taxation Social Security Payable		2 579	5 524
Par Value Share		1			1	1	1	1	1
Prepayments Accrued Income				16 174	18 776	21 654	26 541	26 579	28 791
Property Plant Equipment Gross Cost		745 469	765 579	759 369	770 433	776 132	765 187	778 419	783 598
Provisions For Liabilities Balance Sheet Subtotal		4 961	5 440	3 811
Taxation Including Deferred Taxation Balance Sheet Subtotal				3 811	4 844	4 710	4 937	4 399	4 566
Taxation Social Security Payable			39 581	31 519	30 299	22 603	20 186	22 975	26 343
Total Assets Less Current Liabilities	863 518	881 339	1 010 068	948 120	1 003 974	1 030 823	1 051 266	1 071 067	1 042 051
Trade Creditors Trade Payables		2 456	3 010	10 882	12 798	1 534	5 422	8 757	1 877
Trade Debtors Trade Receivables		435	482	7 169	403	947	705	91	250
Bank Borrowings Overdrafts Secured	404 868	391 778
Borrowings	332 249	323 830
Capital Employed	230 485	383 363
Creditors Due After One Year	629 502	493 015
Creditors Due Within One Year	186 203	151 471
Intangible Fixed Assets Aggregate Amortisation Impairment	73 750	101 250
Intangible Fixed Assets Amortisation Charged In Period		27 500
Intangible Fixed Assets Cost Or Valuation	287 500	287 500
Provisions For Liabilities Charges	3 531	4 961
Share Capital Allotted Called Up Paid	100	100
Tangible Fixed Assets Additions		72 855
Tangible Fixed Assets Cost Or Valuation	689 710	745 469
Tangible Fixed Assets Depreciation	47 835	47 696
Tangible Fixed Assets Depreciation Charged In Period		16 155
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		16 294
Tangible Fixed Assets Disposals		17 096