Gasbits Ltd in Bournemouth, BH9 2BG

Description

Data updated on: 01-11-2023

The firm is located in Bournemouth under the ID 05473706. This firm was set up in 2005. The headquarters of the firm is situated at 843-845 Wimborne Road Moordown. The postal code for this address is BH9 2BG. Registered as R S R Trading, this firm used the business name until 2016, at which moment it got changed to Gasbits Ltd. This company's registered with SIC code 46740 which stands for Wholesale of hardware, plumbing and heating equipment and supplies. Gasbits Limited released its account information for the financial year up to 2023-02-28. The company's latest confirmation statement was filed on 2023-05-02.

In order to satisfy its customers, the company is constantly controlled by a team of two directors who are Ross P. and Stephen W.. Their support has been of great importance to the company for nineteen years. In order to help the directors in their tasks, this particular company has been using the skills of Ross P. as a secretary since June 2005.

Previous company's names
Gasbits Ltd 2016-01-28
R S R Trading Ltd 2005-06-07

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-08-31	2012-08-31	2013-08-31	2014-08-31	2015-08-31	2016-08-31	2017-08-31	2018-08-31	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency
Net Worth	-26 005	-27 000	-23 857	-23 697	-21 412	-16 332

Balance Sheet
Cash Bank On Hand						11 356	25 860	33 705	20 766	57 963	18 938	80 247
Current Assets	202 819	207 130	197 869	192 082	186 615	250 121	506 722	682 868	1 039 100	1 284 706	1 637 223	1 823 438
Debtors	69 125	78 578	72 528	68 179	100 606	94 495	231 264	295 244	593 806	698 964	966 780	1 007 113
Net Assets Liabilities						-16 332	8 104	131 157	45 537	25 475	57 908	76 355
Other Debtors								48 585	150 440	194 072	293 066	218 617
Property Plant Equipment						14 518	38 981	227 584	194 588	211 064	228 018	192 779
Total Inventories						144 270	249 598	353 919	424 528	527 779	651 505	736 078
Cash Bank In Hand	494	352	346	2 033	4 167	11 356
Net Assets Liabilities Including Pension Asset Liability	-26 005	-27 000	-23 857	-23 697	-21 412	-16 332
Stocks Inventory	133 200	128 200	124 995	121 870	105 723	144 270
Tangible Fixed Assets	7 305	5 533	11 447	11 448	10 232	14 518

Capital & Reserves
Called Up Share Capital	3	3	3	3	3	3
Profit Loss Account Reserve	-26 008	-27 003	-23 860	-23 700	-21 415	-16 335
Shareholder Funds	-26 005	-27 000	-23 857	-23 697	-21 412	-16 332

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						53 468	58 357	72 252	112 330	141 227	174 710	212 864
Additions Other Than Through Business Combinations Property Plant Equipment									15 657	45 373	64 937	2 915
Average Number Employees During Period						9	12	15	15	20	21	25
Bank Borrowings Overdrafts								214 590	155 126	232 136	153 089	67 592
Creditors						221 808	454 047	227 417	165 550	236 717	163 512	69 144
Disposals Decrease In Depreciation Impairment Property Plant Equipment							7 649
Disposals Property Plant Equipment							8 500
Fixed Assets	7 305	5 533	11 447	11 448	10 232	14 518	38 981
Future Minimum Lease Payments Under Non-cancellable Operating Leases								198 901	171 301	210 487	16 288	16 288
Increase From Depreciation Charge For Year Property Plant Equipment							12 538		47 126	28 897	39 863	38 154
Liabilities Secured By Assets								214 590	155 126
Net Current Assets Liabilities	-9 877	158	3 163	-10 166	-17 214	28 313	52 675	130 990	16 499	88 728	35 202	920
Number Shares Issued Fully Paid									4
Other Creditors								12 827	10 424	4 581	10 423	1 552
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment									7 048		6 380
Other Disposals Property Plant Equipment									8 575		14 500
Other Taxation Social Security Payable								18 707	43 599	102 523	113 738	153 220
Par Value Share				1	1	1			1
Property Plant Equipment Gross Cost						67 986	97 338	299 836	306 918	352 291	402 728	405 643
Provisions For Liabilities Balance Sheet Subtotal										37 600	41 800	48 200
Total Additions Including From Business Combinations Property Plant Equipment							37 852
Total Assets Less Current Liabilities	-2 572	5 691	14 610	1 282	-6 982	42 831	91 656	358 574	211 087	299 792	263 220	193 699
Trade Creditors Trade Payables								275 541	500 169	555 553	658 011	730 502
Trade Debtors Trade Receivables								246 659	443 366	504 892	673 714	788 496
Advances Credits Directors									123 386
Advances Credits Made In Period Directors									199 386
Advances Credits Repaid In Period Directors									76 000
Creditors Due After One Year	23 433	32 691	38 467	24 979	14 430	59 163
Creditors Due Within One Year	212 696	206 972	194 706	202 248	203 829	221 808
Number Shares Allotted				3	3	3
Share Capital Allotted Called Up Paid			3	3	3	3
Tangible Fixed Assets Additions		1 340	10 213	3 998	2 697	9 261
Tangible Fixed Assets Cost Or Valuation	40 477	41 817	52 030	56 028	58 725	67 986
Tangible Fixed Assets Depreciation	33 172	36 284	40 583	44 580	48 493	53 468
Tangible Fixed Assets Depreciation Charged In Period		3 112	4 299	3 997	3 913	4 975

Company staff

Ross P.

Role: Secretary

Appointed: 07 June 2005

Latest update: 30 March 2024

Ross P.

Role: Director

Appointed: 07 June 2005

Latest update: 30 March 2024

Stephen W.

Role: Director

Appointed: 07 June 2005

Latest update: 30 March 2024

Abacus Company Secretary Ltd

Role: Corporate Secretary

Appointed: 07 June 2005

Resigned: 07 June 2005

Address: Chandlers Ford, Eastleigh, Hampshire, SO53 5NT

Latest update: 30 March 2024

Abacus Company Director Ltd

Role: Corporate Director

Appointed: 07 June 2005

Resigned: 07 June 2005

Address: Chandlers Ford, Eastleigh, Hampshire, SO53 5NT

Latest update: 30 March 2024

Richard D.

Role: Director

Appointed: 07 June 2005

Resigned: 16 March 2015

Latest update: 30 March 2024

People with significant control

Executives who have control over the firm are as follows: Ross P. has substantial control or influence over the company. Stephen W. has substantial control or influence over the company.

Ross P.

Notified on 6 April 2016

Nature of control:

substantial control or influence

Stephen W.

Notified on 6 April 2016

Nature of control:

right to manage directors

substantial control or influence

Accounts Documents

Account next due date	30 November 2024
Account last made up date	28 February 2023
Confirmation statement next due date	16 May 2024
Confirmation statement last made up date	02 May 2023

Annual Accounts 28 March 2013
Start Date For Period Covered By Report	2011-09-01
End Date For Period Covered By Report	2012-08-31
Date Approval Accounts	28 March 2013
Annual Accounts
Start Date For Period Covered By Report	2012-09-01
Annual Accounts 27 May 2015
Start Date For Period Covered By Report	2013-09-01
End Date For Period Covered By Report	2014-08-31
Date Approval Accounts	27 May 2015
Annual Accounts 23 November 2015
Start Date For Period Covered By Report	2014-09-01
End Date For Period Covered By Report	2015-08-31
Date Approval Accounts	23 November 2015
Annual Accounts 1 December 2016
Start Date For Period Covered By Report	2015-09-01
End Date For Period Covered By Report	2016-08-31
Date Approval Accounts	1 December 2016
Annual Accounts
Start Date For Period Covered By Report	2016-09-01
End Date For Period Covered By Report	2017-08-31
Annual Accounts
Start Date For Period Covered By Report	2018-09-01
End Date For Period Covered By Report	2020-02-29
Annual Accounts
Start Date For Period Covered By Report	2020-03-01
End Date For Period Covered By Report	2021-02-28
Annual Accounts
Start Date For Period Covered By Report	2021-03-01
End Date For Period Covered By Report	2022-02-28
Annual Accounts
Start Date For Period Covered By Report	2022-03-01
End Date For Period Covered By Report	2023-02-28
Annual Accounts 2 April 2014
End Date For Period Covered By Report	2013-08-31
Date Approval Accounts	2 April 2014

Gasbits Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Ross P.

Ross P.

Stephen W.

Abacus Company Secretary Ltd

Abacus Company Director Ltd

Richard D.

People with significant control

Ross P.

Stephen W.

Accounts Documents

Company filings

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