Tern Developments Limited in Colchester, CO3 3DG

Description

Data updated on: 01-11-2023

Tern Developments is a firm situated at CO3 3DG Colchester at Baverstocks Lawley House. This business was established in 2011 and is registered as reg. no. 07819976. This business has been actively competing on the English market for 13 years now and the current state is active. The company's Standard Industrial Classification Code is 41202, that means Construction of domestic buildings. The firm's latest accounts were submitted for the period up to 2022-10-31 and the most recent confirmation statement was filed on 2023-10-24.

From the data we have gathered, the following firm was established 13 years ago and has so far been managed by six directors, and out of them three (Stephen M., Karl P. and Clifford H.) are still participating in the company's duties. To find professional help with legal documentation, this specific firm has been using the skills of Clifford H. as a secretary since October 2011.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-16 416	37 379	148 699	257 586	738 159

Balance Sheet
Cash Bank In Hand	16 532	280 377	92 264	174 309	139 632
Cash Bank On Hand					139 632	144 681	107 403	447 615	22 228	106 684	48 325
Current Assets	1 140 873	1 692 854	855 934	854 742	2 963 435	5 252 473	5 311 196	3 701 687	3 707 441	4 338 266	9 050 488
Debtors	10 455	13 101	535 387	30 152	1 409 697	65 897	14 138	22 644	34 675	32 496	3 426 215
Net Assets Liabilities					738 159	1 160 161	1 867 921	2 106 698	2 431 723	2 504 780	4 187 954
Net Assets Liabilities Including Pension Asset Liability	-16 416	37 379	148 699	257 586	738 159
Property Plant Equipment					18 824	12 386	4 759	135		3 224	1 699
Stocks Inventory	1 113 886	1 399 376	228 283	650 281	1 414 106
Tangible Fixed Assets	2 077	1 506	519	26 928	18 824
Total Inventories					1 414 106	5 041 895	5 189 655	3 231 428	3 650 538	4 199 086	5 575 948

Capital & Reserves
Called Up Share Capital	60	60	60	60	60
Profit Loss Account Reserve	-16 476	37 319	148 639	257 526	738 099
Shareholder Funds	-16 416	37 379	148 699	257 586	738 159

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					16 379	24 317	31 944	36 568	36 703	38 101	39 626
Average Number Employees During Period					2	2	2	2	2	2	2
Bank Borrowings						2 670 714	2 191 825	1 429 175	849 525	1 627 319	3 076 005
Creditors					1 101 993	3 772 707	3 193 828	1 429 175	90 910	1 617 319	3 066 005
Creditors Due After One Year	662 892	711 542	581 593	301 993	1 101 993
Creditors Due Within One Year	496 474	945 439	126 161	316 706	1 138 342
Disposals Decrease In Depreciation Impairment Property Plant Equipment						7 148
Disposals Property Plant Equipment						12 000
Increase From Depreciation Charge For Year Property Plant Equipment						15 086	7 627	4 624	135	1 398	1 525
Net Current Assets Liabilities	644 399	747 415	729 773	538 036	1 825 093	4 922 835	5 057 894	3 535 764	2 522 633	4 119 488	7 252 685
Number Shares Allotted	10	10	10	10	10
Par Value Share	1	1	1	1	1
Property Plant Equipment Gross Cost					35 203	36 703	36 703	36 703	36 703	41 325
Provisions For Liabilities Balance Sheet Subtotal					3 765	2 353	904	26		613	425
Provisions For Liabilities Charges				5 385	3 765
Secured Debts	493 500	942 161	1 311
Share Capital Allotted Called Up Paid	10	10	10	10	10
Tangible Fixed Assets Additions	2 572	416		30 854	1 361
Tangible Fixed Assets Cost Or Valuation	2 572	2 988	2 988	33 842	35 203
Tangible Fixed Assets Depreciation	495	1 482	2 469	6 914	16 379
Tangible Fixed Assets Depreciation Charged In Period	495	987	987	4 445	9 465
Total Additions Including From Business Combinations Property Plant Equipment						13 500				4 622
Total Assets Less Current Liabilities	646 476	748 921	730 292	564 964	1 843 917	4 935 221	5 062 653	3 535 899	2 522 633	4 122 712	7 254 384