Southcote Developments Ltd in Ilford, IG1 2XL

Description

Data updated on: 01-11-2023

The Southcote Developments Ltd company has been operating in this business for 10 years, as it's been founded in 2014. Registered under the number 09336117, Southcote Developments was set up as a Private Limited Company with office in 179 Richmond Road, Ilford IG1 2XL. This company's declared SIC number is 68100: Buying and selling of own real estate. Monday 31st October 2022 is the last time the company accounts were reported.

The info we posses that details the company's executives indicates the existence of two directors: Abu S. and Muhammed S. who assumed their respective positions on Tuesday 2nd December 2014.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31
Currency
Net Worth	-18 670	-18 760

Balance Sheet
Cash Bank On Hand		61 238	117 725	65 539	8 594	37 962	103 691	33 814
Current Assets	1 321 302	1 571 302	1 382 524	1 365 602	1 318 657	1 368 025	1 378 412	1 329 785
Debtors					10 000	190 000	474 721	495 971
Net Assets Liabilities					457 132	505 787	501 747	499 689
Other Debtors					10 000	190 000	444 721	495 971
Total Inventories		1 813 050	1 264 799	1 300 063	1 300 063	1 140 063	800 000
Cash Bank In Hand	86 219	86 130
Net Assets Liabilities Including Pension Asset Liability	-18 760	-18 760
Stocks Inventory	1 235 172	1 485 172

Capital & Reserves
Called Up Share Capital	600	600
Profit Loss Account Reserve	-19 270	-19 360
Shareholder Funds	-18 670	-18 760

Other Financial Data
Average Number Employees During Period				2	2	2	2	2
Bank Borrowings Overdrafts		769 930				31 250	28 477	21 991
Corporation Tax Payable			79 424	32 391	32 391	11 413	11 413
Creditors		1 909 462	1 061 736	906 727	861 525	31 250	28 477	21 991
Current Asset Investments							800 000	800 000
Investment Property							300	300
Investment Property Fair Value Model						300	300
Net Current Assets Liabilities	-18 670	-18 760	320 788	458 875	457 132	537 037	529 924	521 380
Other Creditors		1 139 690	982 470	874 336	829 134	819 575	807 075	808 405
Other Investments Other Than Loans							800 000	800 000
Other Taxation Social Security Payable		-158	-158
Par Value Share			1
Total Assets Less Current Liabilities	-18 760	-18 760				537 037	530 224	521 680
Creditors Due Within One Year	1 340 061	1 590 062