Solent Excavations Limited in Fareham, PO16 0HZ

Description

Data updated on: 01-11-2023

Solent Excavations Limited has existed in this business for 48 years. Started with Registered No. 01262482 in 1976, the company is based at 227a West Street, Fareham PO16 0HZ. This company's declared SIC number is 77320 meaning Renting and leasing of construction and civil engineering machinery and equipment. Solent Excavations Ltd filed its account information for the financial year up to 2022-02-28. Its latest annual confirmation statement was filed on 2023-05-31.

When it comes to the following firm's executives list, for nine years there have been two directors: Betty B. and Sean B.. To find professional help with legal documentation, this limited company has been using the skills of Sean B. as a secretary since the appointment on Wed, 9th May 2007.

Executives with significant control over the firm are: Betty B. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights. Sean B. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-02-28	2012-02-29	2013-02-28	2014-02-28	2015-02-28	2016-02-28	2017-02-28	2018-02-28	2019-02-28	2020-02-28	2021-02-28	2022-02-28	2023-02-28
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	1 231 524	1 303 376	1 418 664	1 506 203	1 492 954	1 494 107

Balance Sheet
Cash Bank On Hand							752 837	887 419	828 070	136 091	144 310	167 234	81 074
Current Assets	1 194 456	1 258 973	1 259 646	1 389 724	1 339 865	1 407 871	1 423 438	1 613 316	1 507 310	967 491	989 234	938 359	897 018
Debtors	158 311	510 036	330 967	191 233	212 306	338 991	173 971	229 266	227 876	321 323	389 644	314 095	339 858
Net Assets Liabilities							1 462 182	1 552 897	1 577 106	1 553 686	1 439 003	1 545 301	1 473 988
Other Debtors							109 095	29 602	17 828	293 603	278 466	271 689	273 260
Property Plant Equipment							251 892	269 235	263 200	210 560	169 668	141 349	142 045
Total Inventories							496 630	496 630	451 364	510 077	455 280	457 030	476 086
Cash Bank In Hand	559 287	272 079	451 821	721 633	630 929	572 250
Net Assets Liabilities Including Pension Asset Liability	1 231 524	1 303 376	1 418 664	1 506 203	1 492 954	1 494 107
Stocks Inventory	476 858	476 858	476 858	476 858	496 630	496 630
Tangible Fixed Assets	237 879	265 497	318 052	341 420	312 251	272 555

Capital & Reserves
Called Up Share Capital	30	30	30	30	30	30
Profit Loss Account Reserve	1 231 494	1 303 346	1 418 634	1 506 173	1 492 924	1 494 077
Shareholder Funds	1 231 524	1 303 376	1 418 664	1 506 203	1 492 954	1 494 107

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment							1 015 984	1 011 671	1 026 746	1 079 386	1 121 803	868 845	909 671
Additions Other Than Through Business Combinations Property Plant Equipment									64 581		1 525	13 658	41 522
Average Number Employees During Period							7	7	7	8	8	6	6
Comprehensive Income Expense							48 075	140 715
Corporation Tax Payable							12 783	25 391	36 001	4 153	220 596	21 631	-4 843
Creditors							173 148	284 653	145 404	-414 635	-319 101	-477 737	-461 914
Depreciation Rate Used For Property Plant Equipment								20
Disposals Decrease In Depreciation Impairment Property Plant Equipment								56 812
Disposals Property Plant Equipment								61 000
Dividends Paid							80 000	50 000
Fixed Assets	237 879	265 497	318 052	341 421	312 251	272 555	251 892	269 235
Income Expense Recognised Directly In Equity							-80 000	-50 000
Increase From Depreciation Charge For Year Property Plant Equipment								52 499	59 514	52 640	42 417	31 911	40 826
Net Current Assets Liabilities	1 015 645	1 068 879	1 138 612	1 212 783	1 226 703	1 262 552	1 250 290	1 328 662	1 361 906	1 382 126	1 308 335	1 416 096	1 358 932
Other Creditors							129 087	117 694	44 005	-767 213	-575 198	-555 940	-533 783
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment									44 439			49 934
Other Disposals Property Plant Equipment									55 541			60 000
Other Taxation Social Security Payable							18 251	82 427	46 932	306 194	16 615	16 940	15 686
Profit Loss							48 075	140 715
Property Plant Equipment Gross Cost							1 267 876	1 280 906	1 289 946	1 289 946	1 291 471	1 010 194	1 051 716
Provisions For Liabilities Balance Sheet Subtotal							40 000	45 000	48 000	39 000	39 000	12 144	26 989
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment												-234 935
Total Assets Less Current Liabilities	1 253 524	1 334 376	1 456 664	1 554 203	1 538 954	1 535 107	1 502 182	1 597 897	1 625 106	1 592 686	1 478 003	1 557 445	1 500 977
Total Increase Decrease From Revaluations Property Plant Equipment												-234 935
Trade Creditors Trade Payables							13 027	59 141	18 466	42 231	18 886	39 632	61 026
Trade Debtors Trade Receivables							64 876	199 664	210 048	27 720	111 178	42 406	66 598
Advances Credits Directors							125 252	113 891
Advances Credits Made In Period Directors							120 141	14 969
Advances Credits Repaid In Period Directors							11 425	26 330
Creditors Due Within One Year Total Current Liabilities	178 811	190 094
Provisions For Liabilities Charges	22 000	31 000	38 000	48 000	46 000	41 000
Tangible Fixed Assets Additions		69 303	109 599	102 784	37 680	23 972
Tangible Fixed Assets Cost Or Valuation	969 760	1 030 563	1 140 162	1 234 398	1 272 078	1 282 050
Tangible Fixed Assets Depreciation	731 881	765 066	822 110	892 977	959 827	1 009 495
Tangible Fixed Assets Depreciation Charge For Period		40 773
Tangible Fixed Assets Depreciation Disposals		-7 587
Tangible Fixed Assets Disposals		-8 500		8 547		14 000
Creditors Due Within One Year		190 094	121 034	176 942	113 162	145 319
Number Shares Allotted			30	30	30	30
Par Value Share			1	1	1	1
Share Capital Allotted Called Up Paid		30	30	30	30	30
Tangible Fixed Assets Depreciation Charged In Period			57 044	77 174	66 849	62 850
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				6 306		13 182