Seaward Properties Limited in West Sussex, PO19 1BE

Description

Data updated on: 01-11-2023

The enterprise is known as Seaward Properties Limited. The company first started 33 years ago and was registered under 02595439 as the registration number. This office of the company is situated in West Sussex. You can contact it at Metro House, Northgate, Chichester. This company has a history in name changes. In the past, this firm had three different names. Up to 2003 this firm was run as Seaward Homes (south) and before that the company name was Westgate Homes. This business's registered with SIC code 41100 - Development of building projects. Seaward Properties Ltd reported its latest accounts for the period that ended on 2022-03-31. The firm's latest annual confirmation statement was released on 2023-03-26.

In order to be able to match the demands of its client base, this particular business is constantly overseen by a number of two directors who are Roger C. and Barry S.. Their support has been of cardinal use to this specific business since June 2019. To help the directors in their tasks, this specific business has been utilizing the skills of Christine B. as a secretary since November 2002.

Previous company's names
Seaward Properties Limited 2003-07-31
Seaward Homes (south) Limited 1997-10-29
Westgate Homes Limited 1994-06-27
Rentdraw Limited 1991-03-26

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	9 867 974	6 962 866	3 602 089
Current Assets	37 774 739	41 557 630	43 976 504
Debtors	17 888 146	23 033 458	31 192 172
Net Assets Liabilities	35 769 629	39 185 354	34 615 111
Other Debtors	17 545 710	22 834 166	29 072 642
Property Plant Equipment	31 800	21 647	16 651
Total Inventories	10 018 619	11 561 306

Other Financial Data
Accrued Liabilities Deferred Income	14 538 933	15 377 634	12 652 892
Accumulated Depreciation Impairment Property Plant Equipment	91 796	111 239	123 144
Additions Other Than Through Business Combinations Intangible Assets			454 690
Additions Other Than Through Business Combinations Property Plant Equipment		9 290	6 909
Administrative Expenses	2 466 186	2 018 077	2 377 202
Average Number Employees During Period	24	28	26
Bank Borrowings	3 801 579	3 059 808	2 701 898
Bank Borrowings Overdrafts	182 351	2 296 312	95 527
Cash Cash Equivalents	11 268 957	10 594 979	5 899 656
Comprehensive Income Expense	9 118 557	5 160 158	4 391 595
Corporation Tax Payable	1 574 540	361 328	838 427
Cost Sales	24 733 665	7 810 020	12 044 813
Creditors	10 747 191	14 293 982	19 179 624
Current Tax For Period	2 009 843	1 091 505	1 190 781
Deferred Income		25 315	1 419
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit	-3 136	-1 849	21
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-3 136	-1 849	21
Dividend Income From Group Undertakings	431 525	321 652	45 724
Dividends Paid To Non-controlling Interests Classified As Financing Activities	-1 996 538	-440 640	-120 488
Dividends Paid To Owners Parent Classified As Financing Activities	-604 000	-600 000	-351 780
Dividends Received Classified As Investing Activities	-431 525	-321 652	-45 724
Equity Securities Held	3 990 473	3 591 777	3 525 014
Fixed Assets	12 366 908	12 688 952	12 428 373
Further Item Tax Increase Decrease Component Adjusting Items	142 945	75 761	125 330
Government Grant Income	90 602	33 074
Impairment Loss Reversal On Investments	354 331	398 741
Income Taxes Paid Refund Classified As Operating Activities	-665 295	-2 144 337	-1 121 969
Increase From Depreciation Charge For Year Property Plant Equipment		19 443	11 905
Intangible Assets	604 000		454 690
Intangible Assets Gross Cost			454 690
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	273 976	136 418
Interest Income On Bank Deposits	7 338	3 153	31 117
Interest Paid Classified As Operating Activities	-275 108	-136 418	-341 380
Interest Payable Similar Charges Finance Costs	275 108	136 418	341 380
Interest Received Classified As Investing Activities	-55 097	-13 467	-605 700
Investment Property	4 635 600	4 635 600	4 635 600
Investments	7 699 508	8 031 705	7 776 122
Investments Fixed Assets	7 699 508	8 031 705	7 776 122
Investments In Joint Ventures	3 705 920	4 436 928	4 248 108
Net Cash Generated From Operations		-3 794 297	-4 860 189
Net Finance Income Costs	486 622	335 119	651 424
Other Creditors	1 031 989	591 357	7 675 204
Other Interest Receivable Similar Income Finance Income	486 622	335 119	651 424
Payments To Redeem Own Shares			-7 500 000
Pension Other Post-employment Benefit Costs Other Pension Costs	90 322	106 293	93 756
Percentage Class Share Held In Associate		25	50
Percentage Class Share Held In Joint Venture		35	35
Prepayments Accrued Income	84 571	119 624	1 712 757
Profit Loss	9 118 557	5 160 158	4 391 595
Property Plant Equipment Gross Cost	123 596	132 886	139 795
Redemption Shares Decrease In Equity			7 500 000
Social Security Costs	5 826	16 153
Staff Costs Employee Benefits Expense	1 217 913	1 278 749	1 371 151
Taxation Including Deferred Taxation Balance Sheet Subtotal	5 599	3 750	3 771
Tax Decrease Increase From Effect Revenue Exempt From Taxation	81 989	61 114	39 660
Tax Increase Decrease From Effect Capital Allowances Depreciation	3 136	1 319	490
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	13 789	1 940	11 538
Tax Tax Credit On Profit Or Loss On Ordinary Activities	2 006 707	1 089 656	1 190 802
Total Borrowings	182 351	2 296 312	95 527
Trade Creditors Trade Payables	262 866	793 215	424 973
Trade Debtors Trade Receivables	257 865	79 998	407 421
Turnover Revenue	38 007 430	15 726 068
Wages Salaries	1 121 765	1 156 303	1 256 513