Team Cycles (north East) Limited in Gateshead, NE11 0NF

Description

Data updated on: 01-11-2023

This particular firm is located in Gateshead with reg. no. 08447502. The company was started in the year 2013. The headquarters of the firm is located at Studio 11B Second Avenue Team Valley. The postal code for this location is NE11 0NF. This enterprise's SIC and NACE codes are 47640 and their NACE code stands for Retail sale of sports goods, fishing gear, camping goods, boats and bicycles. The most recent filed accounts documents describe the period up to Sat, 31st Dec 2022 and the latest annual confirmation statement was submitted on Tue, 4th Apr 2023.

At the moment, the directors registered by the firm are: Barry W. designated to this position on 2013-06-01 and Haizhe H. designated to this position on 2013-06-01.

Barry W. is the individual with significant control over this firm, has substantial control or influence over the company, owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	303 696	180 351	422 446
Current Assets	961 242	1 339 179	2 379 040
Debtors	101 928	55 829	58 386
Net Assets Liabilities	493 369	872 623	714 271
Other Debtors		1 187
Property Plant Equipment	59 451	52 289	67 953
Total Inventories	555 618	1 102 999	1 898 208

Other Financial Data
Accrued Income	8 438	10 105	26 799
Accrued Liabilities	5 638	5 126	27 280
Accumulated Depreciation Impairment Property Plant Equipment	43 238	59 202	76 301
Additions Other Than Through Business Combinations Property Plant Equipment		8 802	32 763
Amounts Owed By Related Parties		4 757
Average Number Employees During Period	7	11	11
Creditors	12 955	506 110	482 847
Dividend Per Share Interim		2
Financial Commitments Other Than Capital Commitments	181 850	123 958	65 000
Finished Goods Goods For Resale	555 618	1 102 999	1 898 208
Increase From Depreciation Charge For Year Property Plant Equipment		15 964	17 099
Net Current Assets Liabilities	457 876	833 069	1 145 847
Other Creditors	1 950	1 075	1 407
Other Remaining Borrowings			482 847
Prepayments	5 177	12 813	16 462
Property Plant Equipment Gross Cost	102 689	111 491	144 254
Provisions For Liabilities Balance Sheet Subtotal	11 003	12 735	16 682
Taxation Social Security Payable	225 466	76 281	77 935
Total Assets Less Current Liabilities	517 327	885 358	1 213 800
Total Borrowings	12 955		482 847
Trade Creditors Trade Payables	165 292	313 454	787 367
Trade Debtors Trade Receivables	88 313	26 967	15 125
Amount Specific Advance Or Credit Directors
Amount Specific Advance Or Credit Repaid In Period Directors	80 008

Company staff

Barry W.

Role: Director

Appointed: 01 June 2013

Latest update: 11 January 2024

Haizhe H.

Role: Director

Appointed: 01 June 2013

Latest update: 11 January 2024

People with significant control

Barry W.

Notified on 1 June 2016

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

right to manage directors

substantial control or influence

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	18 April 2024
Confirmation statement last made up date	04 April 2023

Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Team Cycles (north East) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Barry W.

Haizhe H.

Richard S.

People with significant control

Barry W.

Accounts Documents

Company filings

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