Setfords Law Ltd in Guildford, GU1 4AW

Description

Data updated on: 01-11-2023

Setfords Law started its business in 2015 as a Private Limited Company under the ID 09568377. The company has operated for 9 years and the present status is active. This company's head office is situated in Guildford at 74 North Street. You can also locate the company by its postal code of GU1 4AW. This business's SIC and NACE codes are 69102 which stands for Solicitors. Setfords Law Limited filed its account information for the financial year up to 2022-09-30. The business latest confirmation statement was submitted on 2023-04-30.

There seems to be a team of three directors overseeing this specific company now, including John B., Christopher S. and Guy S. who have been carrying out the directors assignments since 2021.

The companies with significant control over this firm are as follows: Setfords Management Services Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Guildford at North Street, GU1 4AW, Surrey and was registered as a PSC under the reg no 13106644.

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
Currency
Net Worth	20	174 993

Balance Sheet
Cash Bank In Hand	20	171
Cash Bank On Hand		171	508 548	129 992	647 817
Current Assets	20	2 647 804	4 451 388	4 766 869	6 294 627
Debtors		2 647 633	3 942 840	4 636 877	5 646 810
Net Assets Liabilities		174 993	-46 476	-211 494	140 207
Net Assets Liabilities Including Pension Asset Liability	20	174 993
Other Debtors		1 726 561	111 837	91 191	68 656
Property Plant Equipment		206 171	316 766	227 517	296 611
Tangible Fixed Assets		206 171

Capital & Reserves
Called Up Share Capital	20	20
Profit Loss Account Reserve		174 973
Shareholder Funds	20	174 993

Other Financial Data
Audit Fees Expenses				14 000	14 000
Fees For Non-audit Services				2 330	6 000
Company Contributions To Money Purchase Plans Directors				9 363	12 987
Director Remuneration				606 589	560 087
Accumulated Amortisation Impairment Intangible Assets					25 000
Accumulated Depreciation Impairment Property Plant Equipment		50 090	116 995	127 170	207 276
Administrative Expenses				5 258 521	5 484 088
Amortisation Expense Intangible Assets					25 000
Average Number Employees During Period		57	66	76	79
Bank Borrowings		116 024
Bank Borrowings Overdrafts		365 905
Bank Overdrafts		249 881
Capital Commitments					138 750
Cash Cash Equivalents Cash Flow Value				129 992	647 817
Comprehensive Income Expense				-165 018	351 701
Corporation Tax Payable					100 000
Corporation Tax Recoverable				48 302	21 863
Cost Sales				5 387 494	7 395 856
Creditors		12 891	2 256 892	2 250 000	2 550 831
Creditors Due After One Year		12 891
Creditors Due Within One Year		2 652 817
Current Tax For Period					100 000
Depreciation Amortisation Expense				73 978	105 106
Depreciation Expense Property Plant Equipment				73 977	80 106
Disposals Decrease In Depreciation Impairment Property Plant Equipment				63 802
Disposals Property Plant Equipment				117 735
Finance Lease Liabilities Present Value Total		12 891	6 892
Fixed Assets				227 517	296 611
Future Minimum Lease Payments Under Non-cancellable Operating Leases		724 085	23 625	12 835	220 122
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				425 593	640 151
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-665 227	-1 036 372
Gain Loss On Disposal Assets Income Statement Subtotal				-42 783
Gain Loss On Disposals Property Plant Equipment				-42 783
Gross Profit Loss				5 343 128	6 103 481
Income Taxes Paid Refund Classified As Operating Activities				-48 302	19 427
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				-378 556	517 825
Increase From Amortisation Charge For Year Intangible Assets					25 000
Increase From Depreciation Charge For Year Property Plant Equipment			66 905	73 977	80 106
Intangible Assets Gross Cost					25 000
Interest Expense				22 728	22 867
Interest Expense On Bank Loans Similar Borrowings				44 525	45 334
Interest Expense On Loan Capital				225 001	225 000
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				1 129	1 129
Interest Payable Similar Charges Finance Costs				293 383	294 330
Interest Received Classified As Operating Activities				-43 758	-133 650
Net Cash Flows From Used In Financing Activities				14 852	-505 000
Net Cash Flows From Used In Investing Activities				-16 247	40 550
Net Cash Flows From Used In Operating Activities				379 951	-53 375
Net Cash Generated From Operations				38 266	-328 278
Net Current Assets Liabilities	20	-5 013	1 924 261	1 841 600	2 425 038
Net Interest Received Paid Classified As Investing Activities				-43 758	-133 650
Number Shares Allotted	2 000	2 000
Number Shares Issued Fully Paid					52 632
Operating Profit Loss				84 607	619 393
Other Creditors		1 509 703	2 250 000	2 250 000	2 811 986
Other Current Tax Expense					7 012
Other Interest Receivable Similar Income Finance Income				43 758	133 650
Other Remaining Borrowings				2 250 000	2 550 831
Other Taxation Social Security Payable		437 454	359 607	72 856	88 348
Par Value Share	0	0			0
Payments Finance Lease Liabilities Classified As Financing Activities				-12 892
Pension Other Post-employment Benefit Costs Other Pension Costs				27 828	45 246
Prepayments Accrued Income				2 411 718	2 616 433
Proceeds From Borrowings Classified As Financing Activities					-505 000
Proceeds From Sales Property Plant Equipment				-11 150
Profit Loss				-165 018	351 701
Profit Loss On Ordinary Activities Before Tax				-165 018	458 713
Property Plant Equipment Gross Cost		256 261	433 761	354 687	503 887
Provisions				30 611	30 611
Provisions For Liabilities Balance Sheet Subtotal		13 274	30 611	30 611	30 611
Provisions For Liabilities Charges		13 274
Purchase Intangible Assets					-25 000
Purchase Property Plant Equipment				-38 661	-149 200
Repayments Borrowings Classified As Financing Activities				-21 451
Secured Debts		384 748
Share Capital Allotted Called Up Paid	20	20
Social Security Costs				72 695	267 497
Staff Costs Employee Benefits Expense				2 877 839	2 856 142
Tangible Fixed Assets Additions		256 261
Tangible Fixed Assets Cost Or Valuation		256 261
Tangible Fixed Assets Depreciation		50 090
Tangible Fixed Assets Depreciation Charged In Period		50 090
Tax Tax Credit On Profit Or Loss On Ordinary Activities					107 012
Total Additions Including From Business Combinations Intangible Assets					25 000
Total Additions Including From Business Combinations Property Plant Equipment			177 500	38 661	149 200
Total Assets Less Current Liabilities	20	201 158	2 241 027	2 069 117	2 721 649
Total Borrowings		384 748	12 892
Trade Creditors Trade Payables		333 803	298 143	506 671	153 961
Trade Debtors Trade Receivables		921 072	1 537 596	1 767 701	2 666 042
Turnover Revenue				10 730 622	13 499 337
Value-added Tax Payable				310 347	483 601
Wages Salaries				2 777 316	2 543 399