Somerland Limited in Upper Norwood, SE19 3RW

Description

Data updated on: 01-11-2023

Somerland Limited has been prospering on the local market for at least 25 years. Registered under the number 03715358 in the year 1999, it is registered at 67 Westow Street, Upper Norwood SE19 3RW. The enterprise's SIC and NACE codes are 68209 : Other letting and operating of own or leased real estate. 2023/02/28 is the last time when company accounts were reported.

Taking into consideration this particular firm's growth, it became vital to acquire extra directors: Stewart G. and John G. who have been working together since March 1999 to exercise independent judgement of this limited company. To provide support to the directors, the limited company has been utilizing the skills of John G. as a secretary since 1999.

Executives who control the firm include: Stewart G. owns 1/2 or less of company shares and has 1/2 or less of voting rights. John G. 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	2012-02-28	2012-02-29	2013-02-28	2014-02-28	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	309 066	300 765	300 765	320 246	334 030	303 062

Balance Sheet
Cash Bank In Hand	54	13 880	13 880	11 543	22 186	279 193
Cash Bank On Hand						279 193	159 316	128 288	172 191	20 719	74 069	29 900	4 577	331 769
Current Assets	477	13 880			22 186	427 513	259 379	178 615	172 250	20 719	111 789	34 724	8 842	334 769
Debtors	423					148 320	100 063	50 327	59		37 720	4 824	4 265	3 000
Net Assets Liabilities						307 549	289 433	228 199	236 693	250 343	234 531	434 257	421 767	458 042
Net Assets Liabilities Including Pension Asset Liability	309 066	300 765	300 765	320 246	334 030	303 062
Other Debtors						96 667	49 886	50 327	59		37 720	574	1 265
Tangible Fixed Assets	661	496	496	372	279	235 000

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	90
Profit Loss Account Reserve	99 588	91 287	91 287	110 768	124 552	146 461
Shareholder Funds	309 066	300 765	300 765	320 246	334 030	303 062

Other Financial Data
Instalment Debts Falling Due After5 Years	497 642	330 988
Additional Provisions Increase From New Provisions Recognised							2 702
Additions Other Than Through Business Combinations Investment Property Fair Value Model										317 502		381 667
Average Number Employees During Period									2	2	2	2	2	2
Bank Borrowings								193 515	172 649	151 748	130 707	108 206	85 427	62 936
Bank Borrowings Overdrafts						212 590	192 527	171 845	149 645	126 872	108 012	83 257	60 091	62 936
Capital Redemption Reserve						10
Creditors						212 590	192 527	171 845	149 645	126 872	108 012	375 577	353 342	264 253
Creditors Due After One Year			482 268	447 689	412 278	212 590
Creditors Due Within One Year			92 205	104 842	135 419	146 861
Debtors Due After One Year						-96 667
Fixed Assets	1 168 193	861 358	861 358	861 234	859 541	235 000
Investment Property						270 000	285 000	285 000	285 000	602 502	602 502	1 180 000	1 180 000	870 000
Investment Property Fair Value Model						270 000	285 000	285 000	285 000	602 502	602 502	1 180 000	1 180 000	870 000
Investments Fixed Assets			12 800	12 800	11 200
Net Current Assets Liabilities	-188 485	-78 325	-78 325	-93 299	-113 233	280 652	230 175	148 259	131 819	-195 314	-229 986	-314 195	-348 920	-87 364
Number Shares Allotted				100	100	100
Number Shares Issued Fully Paid							100	100
Other Creditors						114 402	5 763	5 245	16 069	188 070	313 954	292 320	293 251	264 253
Other Taxation Social Security Payable						10 789	1 771	3 441	1 358	3 087	5 126	7 012	10 368	7 987
Par Value Share				1	1	1	1	1
Profit Loss							19 384	13 766	8 494	13 650	21 688	199 726	24 760	28 773
Provisions						30 513	33 215
Provisions For Liabilities Balance Sheet Subtotal						30 513	33 215	33 215	30 481	29 973	29 973	55 971	55 971	60 341
Revaluation Reserve	209 378	209 378	209 378	209 378	209 378	156 501
Share Capital Allotted Called Up Paid			100	100	100	90
Tangible Fixed Assets Cost Or Valuation	5 280	5 280	5 280	5 280	5 280	235 000
Tangible Fixed Assets Depreciation	4 619	4 784	4 784	4 908	5 001
Tangible Fixed Assets Depreciation Charged In Period				124	93
Tangible Fixed Assets Depreciation Decrease Increase On Disposals						5 001
Tangible Fixed Assets Disposals						5 280
Total Assets Less Current Liabilities	979 708	783 033	783 033	767 935	746 308	550 652	515 175	433 259	416 819	407 188	372 516	865 805	831 080	782 636
Disposals Investment Property Fair Value Model														310 000
Other Remaining Borrowings												292 320	293 251	264 253
Total Borrowings											130 707	400 526	378 678	356 189
Trade Creditors Trade Payables														313
Trade Debtors Trade Receivables												4 250	3 000	3 000
Creditors Due After One Year Total Noncurrent Liabilities	670 642	482 268
Creditors Due Within One Year Total Current Liabilities	188 962	92 205
Tangible Fixed Assets Depreciation Charge For Period		165
Total Investments Fixed Assets	1 167 532	860 862