Severn Bay Corporate Solutions Ltd in Cardiff, CF10 4AN

Description

Data updated on: 01-11-2023

2010 marks the beginning of Severn Bay Corporate Solutions Ltd, the firm that is situated at 11 Drake Walk, Brigantine Place in Cardiff. That would make fourteen years Severn Bay Corporate Solutions has been on the market, as it was registered on Monday 17th May 2010. Its registered no. is 07254924 and its postal code is CF10 4AN. This business's declared SIC number is 66220 meaning Activities of insurance agents and brokers. The firm's latest accounts describe the period up to 2022-05-31 and the most recent confirmation statement was released on 2022-11-09.

Considering this specific company's size, it became imperative to choose more directors: Peter F., Karen A. and Nigel A. who have been working as a team for eight years to exercise independent judgement of this company. In addition, the managing director's responsibilities are constantly aided with by a secretary - Karen A., who was officially appointed by the following company 8 years ago.

Nigel A. is the individual who controls this firm, owns over 1/2 to 3/4 of company shares .

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-05-31	2012-05-31	2013-05-31	2015-05-30	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-39 368	-38 812	-22 852			28 373	64 967

Balance Sheet
Cash Bank On Hand							14 476	17 150	655	30 701	10 874	25 615
Current Assets	39 685	66 223	65 764	107 923		90 906	99 340	95 090	50 145	82 380	60 199	70 434
Debtors	38 550	63 579	65 465	107 923		83 719	84 864	77 940	49 490	51 679	50 382	44 819
Net Assets Liabilities							64 967	57 642	19 142	37 225	24 403	47 088
Other Debtors							79 482	33 366	16 848	16 169	31 268	1 000
Property Plant Equipment							6 463	7 189	6 107	6 912	7 216	5 511
Cash Bank In Hand	1 135	2 644	299			7 187
Net Assets Liabilities Including Pension Asset Liability	-39 368	-38 812	-22 852	43 216		28 373	64 967
Tangible Fixed Assets	2 096	1 625	3 421	4 897	4 897	7 945

Capital & Reserves
Called Up Share Capital	100	100	100	155		170	210
Profit Loss Account Reserve	-39 468	-38 912	-22 952	-11 884		-41 727	-45 133
Shareholder Funds	-39 368	-38 812	-22 852			28 373	64 967

Other Financial Data
Accrued Liabilities											10 316	3 451
Accumulated Depreciation Impairment Property Plant Equipment							7 416	8 582	9 664	10 549	12 107	14 841
Additions Other Than Through Business Combinations Property Plant Equipment								1 892		1 690	1 861	1 029
Average Number Employees During Period									3	4	5
Bank Borrowings											30 000	23 611
Bank Borrowings Overdrafts											-8 975	-16 608
Bank Overdrafts							17 418	25 229	10 000	40 000	10 000
Corporation Tax Payable							-220	-220	-98	7 155	2 331
Creditors							40 836	44 637	37 110	52 067	13 012	5 246
Increase From Depreciation Charge For Year Property Plant Equipment								1 166	1 082	885	1 273	2 734
Loans From Directors											10 000	9 700
Net Current Assets Liabilities	23 436	33 263	32 627	38 319		20 428	58 504	50 453	13 035	30 313	47 187	65 188
Other Creditors							10 978	4 827	4 213	700	-856	4 064
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment											-284
Other Taxation Social Security Payable							3 956	143	8 338	4 212	1 040
Property Plant Equipment Gross Cost							13 879	15 771	15 771	17 461	19 323	20 352
Taxation Social Security Payable											2 527	4 639
Total Assets Less Current Liabilities	25 532	34 888	36 048			28 373	64 967			37 225	54 403	70 699
Trade Creditors Trade Payables							8 704	14 658	14 657
Trade Debtors Trade Receivables							5 382	44 574	32 642	35 510	19 114	43 819
Capital Employed				43 216		28 373
Creditors Due After One Year	64 900	73 700	58 900
Creditors Due Within One Year	16 249	32 960	33 137	69 604		70 478	40 836
Fixed Assets	2 096	1 625	3 421			7 945	6 463
Number Shares Allotted	100	100	100			70
Number Shares Allotted Increase Decrease During Period						15
Par Value Share	1	1	1			1
Share Premium Account				54 945		69 930	109 890
Share Capital Allotted Called Up Paid	100	100	100	155		170
Tangible Fixed Assets Additions		194	6 242			4 504
Tangible Fixed Assets Cost Or Valuation	2 465	2 659	5 241		8 775	13 279
Tangible Fixed Assets Depreciation	369	1 034	1 820		3 878	5 334
Tangible Fixed Assets Depreciation Charged In Period		665	786			1 456
Tangible Fixed Assets Disposals			3 660
Value Shares Allotted Increase Decrease During Period						15