Towlers Coaches Ltd in Spalding, PE12 9AG

Description

Data updated on: 01-11-2023

Towlers Coaches Ltd has existed in this business for twenty one years. Started with Companies House Reg No. 04663618 in 2003, the company is located at Windmill Garage 34 Wisbech Road, Spalding PE12 9AG. The company's SIC code is 49319, that means Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar). Towlers Coaches Limited released its account information for the financial year up to 30th April 2023. The business most recent confirmation statement was filed on 3rd August 2023.

Towlers Coaches Ltd is a medium-sized transport company with the licence number PF1018722. The firm has one transport operating centre in the country. In their subsidiary in Wisbech on Emneth, 10 machines are available.

Michele S. and Gary S. are the firm's directors and have been managing the firm for 2 years.

Executives who have control over the firm are as follows: Michele S. has substantial control or influence over the company. Gary S. has substantial control or influence over the company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency
Net Worth	78 408	65 335

Balance Sheet
Cash Bank On Hand			4 743	32 059	35 667	26 651	67 096	16 913	19 554
Current Assets	95 105	81 504	75 310	98 852	122 568	94 739	118 750	61 302	35 580
Debtors	53 718	67 607	66 817	59 741	83 151	64 338	47 904	44 389	16 026
Net Assets Liabilities			30 463	22 438	43 710	51 754	27 167	-10 764	-62 755
Other Debtors			31 309	24 022	21 701	32 854	23 906	7 847	4 221
Property Plant Equipment			273 595	235 757	216 894	232 615	181 720	113 950	78 044
Total Inventories			3 750	3 750	3 750	3 750	3 750
Cash Bank In Hand	37 637	10 147
Net Assets Liabilities Including Pension Asset Liability	78 408	65 335
Stocks Inventory	3 750	3 750
Tangible Fixed Assets	161 415	170 734

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	78 308	65 235
Shareholder Funds	78 408	65 335

Other Financial Data
Accrued Liabilities				3 005	4 588	3 848	3 105
Accumulated Depreciation Impairment Property Plant Equipment			202 561	250 360	281 228	301 807	348 702	374 791	293 056
Additions Other Than Through Business Combinations Property Plant Equipment					62 500	92 500	3 000
Average Number Employees During Period			20	20	13	13	13	13	10
Bank Borrowings Overdrafts			13 774	27 656			50 000	49 380	46 629
Corporation Tax Payable				15 120
Creditors			102 468	141 592	142 049	140 286	121 756	83 048	49 259
Depreciation Rate Used For Property Plant Equipment				25
Disposals Decrease In Depreciation Impairment Property Plant Equipment				18 554	-29 315	-44 940	-1 750
Disposals Property Plant Equipment				26 084	-50 495	-56 200	-7 000	52 181	135 191
Fixed Assets	161 415	170 734	273 595	235 757
Increase From Depreciation Charge For Year Property Plant Equipment				66 353	60 183	65 519	48 645	37 833	24 486
Net Current Assets Liabilities	28 175	-5 424	-27 158	-42 740	3 549	-2 904	-4 796	-20 015	-73 104
Nominal Value Allotted Share Capital				100	100	100	100
Number Shares Issued Fully Paid				100	100	100	100
Other Creditors			64 260	38 420	28 306	22 321	29 323	3 909	4 232
Other Inventories				3 750	3 750	3 750	3 750
Other Taxation Social Security Payable			3 719	3 942			16 307	6 896	4 607
Par Value Share		1		1	1	1	1
Prepayments				3 450	3 389	2 015	3 951
Property Plant Equipment Gross Cost			476 156	486 117	498 122	534 422	530 422	488 741	371 100
Provisions For Liabilities Balance Sheet Subtotal			45 457	38 267	34 684	37 671	28 001	21 651	18 436
Taxation Social Security Payable				1 851	928	2 096	2 803
Total Assets Less Current Liabilities	189 590	165 310	246 437	193 017	220 443	229 711	176 924	93 935	4 940
Total Borrowings				132 312	142 049	140 286	146 210
Trade Creditors Trade Payables			20 715	11 061	6 548	6 513	5 812	8 160	59 256
Trade Debtors Trade Receivables			35 508	39 021	58 061	29 469	23 998	36 542	11 805
Finance Lease Liabilities Present Value Total							71 756	33 668	2 630
Total Additions Including From Business Combinations Property Plant Equipment								10 500	17 550
Creditors Due After One Year	92 000	76 365
Creditors Due Within One Year	66 930	86 928
Number Shares Allotted		100
Provisions For Liabilities Charges	19 182	23 610
Share Capital Allotted Called Up Paid	100	100
Tangible Fixed Assets Additions		57 995
Tangible Fixed Assets Cost Or Valuation	409 138	422 433
Tangible Fixed Assets Depreciation	247 723	251 699
Tangible Fixed Assets Depreciation Charged In Period		44 677
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		40 701
Tangible Fixed Assets Disposals		44 700