Vanwise Group Limited in Ilford, IG1 1LR

Description

Data updated on: 01-11-2023

The Vanwise Group Limited firm has been operating in this business for 21 years, as it's been established in 2003. Started with Companies House Reg No. 04907341, Vanwise Group was set up as a Private Limited Company with office in Treviot House, Ilford IG1 1LR. The firm present name is Vanwise Group Limited. The enterprise's former associates may remember this firm also as Ilford Commercials, which was used until 2009-06-02. The enterprise's declared SIC number is 45111 meaning Sale of new cars and light motor vehicles. 30th September 2022 is the last time when account status updates were reported.

Declan O. is the firm's individual director, who was formally appointed in 2003 in September.

Declan O. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Previous company's names
Vanwise Group Limited 2009-06-02
Ilford Commercials Limited 2003-09-22

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-09-30	2012-10-01	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	671 560	954 917	1 186 605	1 575 468

Balance Sheet
Cash Bank In Hand	39	439	809	53 164
Cash Bank On Hand					45 305	39 893	34 779	108 624	375 360	1 198 925	1 213 623	1 989 698
Current Assets	1 873 756	1 788 539	1 809 980	4 287 796	5 198 190	5 931 716	5 405 634	6 568 128	7 518 870	8 179 514	8 618 204	23 855 157
Debtors	363 512	301 138	236 551	626 422	416 977	575 148	657 769	1 088 766	990 246	1 386 154	1 674 995	6 223 144
Net Assets Liabilities					1 956 011	2 042 512	2 069 445	2 420 934	2 852 674	3 355 189	4 654 972	9 386 061
Net Assets Liabilities Including Pension Asset Liability	671 560	954 917	1 186 605	1 575 468
Other Debtors					4 820		19 599	4 912		29 442	6 950	8 710
Property Plant Equipment					2 413 592	2 565 956	1 316 853	1 308 259	1 185 894	1 223 509	1 319 374	360 574
Stocks Inventory	1 510 205	1 486 962	1 572 620	3 608 210
Tangible Fixed Assets	409 789	1 442 825	1 436 000	1 761 220
Total Inventories					4 735 908	5 316 675	4 713 086	5 370 738	6 153 264	5 594 435	5 729 586	15 642 315

Capital & Reserves
Called Up Share Capital	100	100	100	100
Profit Loss Account Reserve	671 460	954 817	1 186 505	1 575 368
Shareholder Funds	671 560	954 917	1 186 605	1 575 468

Other Financial Data
Audit Fees Expenses					15 000	16 000	18 000	18 000	22 000	22 000	24 000	27 000
Amount Specific Advance Or Credit Directors				254 311	422	153 234	224 151
Amount Specific Advance Or Credit Made In Period Directors					43 261	243 171	114 379
Amount Specific Advance Or Credit Repaid In Period Directors					297 994	89 515	43 462
Director Remuneration					7 925	8 076	8 130	8 304	8 424	8 424	8 424	8 424
Accrued Liabilities Deferred Income					86 976	62 247	51 372	58 627	37 793	32 775	106 817	276 531
Accumulated Depreciation Impairment Property Plant Equipment					289 811	397 228	319 102	380 641	301 314	367 201	424 272	320 743
Administrative Expenses					2 037 510	2 347 875	2 505 346	2 909 801	2 953 043	2 224 041	1 874 925	2 181 274
Applicable Tax Rate						20	19	19	19	19	19	19
Average Number Employees During Period					33	40	37	38	41	35	23	26
Bank Borrowings					568 297	499 008	448 880	410 679	366 368	41 083	54 318	179 929
Bank Borrowings Overdrafts					499 048	444 685	406 571	370 908	324 946	304 744	695 682	515 753
Bank Overdrafts							82 530	317 015
Cash Cash Equivalents Cash Flow Value					45 305	39 893	-47 751	-208 391	375 360	1 198 925	1 213 623
Comprehensive Income Expense					445 543	168 001	61 933	386 489	472 740	543 515	1 340 783	4 772 089
Corporation Tax Payable					22 390	71 833	235 036	156 513	368 148	448 619	644 377	2 021 457
Corporation Tax Recoverable						38 426	50 099	111 560	148 032	293 859	343 940	1 373 464
Cost Sales					12 882 212	13 927 560	18 669 772	26 178 897	30 790 980	25 978 551	25 766 592	31 337 109
Creditors					1 817 683	1 647 996	696 618	611 668	369 692	373 241	770 154	561 078
Creditors Due After One Year	222 033	799 491	798 460	970 076
Creditors Due Within One Year	1 360 992	1 440 660	1 189 037	3 369 793
Current Tax For Period					22 390	10 586	173 502	94 881	171 668	129 349	315 829	717 300
Depreciation Amortisation Expense					283 564	322 383	145 902	118 292	74 126	92 077	90 192	79 780
Depreciation Expense Property Plant Equipment					39 287	48 828	50 050	50 174	49 055	64 230	66 206	58 679
Disposals Decrease In Depreciation Impairment Property Plant Equipment						214 966	224 028	56 752	153 454	23 169	30 099	35 807
Disposals Property Plant Equipment						1 117 826	1 733 990	276 312	506 728	99 402	102 276	247 569
Dividends Paid					65 000	81 500	35 000	35 000	41 000	41 000	41 000	41 000
Dividends Paid Classified As Financing Activities					-65 000	-81 500	-35 000	-35 000	-41 000	-41 000	-41 000	-41 000
Dividends Paid On Shares Interim					65 000	81 500	35 000	35 000	41 000	41 000	41 000	41 000
Finance Lease Liabilities Present Value Total					1 318 635	1 203 311	290 047	240 760	44 746	19 533	47 093	14 323
Further Item Interest Expense Component Total Interest Expense					22 951	230	640	1 226	1 717	14 880	8 767	2 163
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables					303 609	762 978	-523 851	551 861	949 729	118 423	-1 368 080	10 813 141
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables					-209 445	33 489	-31	-37 626	247 322	198 618	-84 663	-389 669
Gain Loss On Disposal Assets Income Statement Subtotal					101 285	97 843	68 259	8 392	17 336	1 777	18 368	57 340
Gain Loss On Disposals Property Plant Equipment					101 285	97 843	68 259	8 392	17 336	1 777	18 368	57 340
Gross Profit Loss					2 753 979	2 758 740	2 710 315	3 414 877	3 567 087	2 865 488	3 559 548	6 172 274
Income Taxes Paid Refund Classified As Operating Activities					-42 406	431	-21 972	-234 865		-205 557	-194 598	-274 081
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					-7 859	-5 412	-87 644	-160 640	583 751	823 565	14 698	776 075
Increase Decrease In Current Tax From Adjustment For Prior Periods									1 779	1 738		-95 663
Increase Decrease In Property Plant Equipment						1 270 351	370 013	303 696	42 014	121 733	89 007
Increase Decrease In Stocks Inventories Finished Goods Work In Progress					1 127 698	580 767	-603 589	657 652	782 526	-558 829	135 151	9 912 729
Increase From Depreciation Charge For Year Property Plant Equipment						322 383	145 902	118 291	74 127	89 056	87 170	76 754
Interest Expense On Bank Overdrafts					2 620	4 080	1 827	1 864	933	1 004	253	234
Interest Expense On Loan Capital					196 459	225 433	172 772	139 556	177 113	182 952	175 153	487 885
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts					92 605	108 782	85 461	29 873	18 513	7 504	7 583	5 363
Interest Paid Classified As Operating Activities					-222 030	-251 182	-194 001	-160 845	-197 372	-198 836	-189 838	-490 282
Interest Payable Similar Charges Finance Costs					314 635	359 964	279 462	190 719	215 885	206 340	197 421	495 645
Merchandise					4 735 908	5 316 675	4 713 086	5 370 738	6 153 264	5 594 435	5 729 586	15 642 315
Net Cash Flows From Used In Financing Activities					-1 261 895	269 856	1 481 018	274 640	543 116	505 430	-226 261	3 286 192
Net Cash Flows From Used In Investing Activities					910 531	371 909	-1 176 642	94 026	-76 699	87 962	141 468	-193 055
Net Cash Flows From Used In Operating Activities					359 223	-636 353	-216 732	-208 026	-1 050 168	-1 416 957	70 095	-3 869 212
Net Cash Generated From Operations					2 182	-995 886	-518 166	-633 609	-1 266 053	-1 828 854	-321 924	-4 638 938
Net Current Assets Liabilities	512 764	347 879	620 943	918 003	1 566 298	1 352 839	1 528 598	1 806 047	2 061 967	2 523 088	4 134 100	7 087 991
Net Interest Received Paid Classified As Investing Activities					-6 012	-4 995	-5 182	-7 279	-11 125	-18 258	-23 199	-56 343
Number Shares Allotted		100		100
Number Shares Issued Fully Paid						100	100	100	100	100	100	100
Operating Profit Loss					849 073	555 646	360 816	667 126	794 738	862 684	1 837 994	4 105 755
Other Creditors					2 478 376	3 092 047	2 449 860	3 474 816	4 232 470	4 142 232	3 062 500	13 020 539
Other Deferred Tax Expense Credit					72 517	22 090	-148 899	2 316	-56 209	1 738	7 160	-9 689
Other Interest Receivable Similar Income Finance Income					6 012	4 995	5 182	7 279	11 125	18 258	23 199	56 343
Other Operating Income Format1					132 604	144 781	155 847	162 050	180 694	221 237	153 371	114 755
Other Remaining Borrowings					31 955
Other Taxation Social Security Payable					25 417	30 351	25 576	26 323	22 846	36 168	24 803	24 491
Par Value Share		1		1		1	1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities					1 007 764	66 543	-1 324 973	-41 436	-345 476	-72 222	-86 473	-61 917
Prepayments Accrued Income					30 196	87 764	77 148	57 110	17 265	10 810	8 538	15 963
Proceeds From Borrowings Classified As Financing Activities					-64 398						-750 000
Proceeds From Sales Property Plant Equipment					-1 080 346	-1 000 703	-1 578 221	-227 952	-370 610	-16 827	-90 545	-269 102
Profit Loss					445 543	168 001	61 933	386 489	472 740	543 515	1 340 783	3 054 505
Profit Loss On Ordinary Activities Before Tax					540 450	200 677	86 536	483 686	589 978	674 602	1 663 772	3 666 453
Property Plant Equipment Gross Cost					2 703 403	2 963 184	1 635 955	1 688 900	1 487 208	1 590 710	1 743 646	681 317
Provisions					206 196	228 287	79 388	81 704	25 495	27 232	34 392	504 595
Provisions For Liabilities Balance Sheet Subtotal					206 196	228 287	79 388	81 704	25 495	27 232	34 392	504 595
Provisions For Liabilities Charges	28 960	36 296	71 878	133 679
Purchase Property Plant Equipment					-1 996 889	-1 377 607	-406 761	-329 257	-305 036	-110 960	-255 212	-132 240
Recoverable Value-added Tax								171 909	201 471
Repayments Borrowings Classified As Financing Activities						-101 243	-50 128	-38 203	-44 310	-35 452	-354 594	-54 319
Secured Debts	364 720	1 130 767	993 482	1 271 140
Share Capital Allotted Called Up Paid	100	100	100	100
Tangible Fixed Assets Additions		1 341 707		577 850
Tangible Fixed Assets Cost Or Valuation	434 198	1 553 883	1 606 003	2 015 820
Tangible Fixed Assets Depreciation	24 409	111 058	170 003	254 600
Tangible Fixed Assets Depreciation Charged In Period		116 326		137 465
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		29 677		52 868
Tangible Fixed Assets Disposals		222 022		168 033
Tax Expense Credit Applicable Tax Rate						40 135	16 442	91 900	112 096	128 174	316 117	696 626
Tax Increase Decrease From Effect Capital Allowances Depreciation						-10 132	165 432	3 228	63 293	3 277	4 902	14 047
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss						151	161	1 348	160	162	727	610
Tax Tax Credit On Profit Or Loss On Ordinary Activities					94 907	32 676	24 603	97 197	117 238	131 087	322 989	611 948
Total Additions Including From Business Combinations Property Plant Equipment						1 377 607	406 761	329 257	305 036	202 904	255 212	132 240
Total Assets Less Current Liabilities	922 553	1 790 704	2 056 943	2 679 223	3 979 890	3 918 795	2 845 451	3 114 306	3 247 861	3 755 662	5 459 518	10 451 734
Total Borrowings					2 276 950	2 274 204	981 633	1 136 481	429 679	433 857	871 565	755 330
Total Current Tax Expense Credit								94 881	173 447	129 349	315 829	621 637
Total Operating Lease Payments					426 511	559 068	690 087	735 439	594 869	426 551	331 039	398 161
Trade Creditors Trade Payables					373 167	422 783	732 936	453 226	666 727	686 383	388 600	688 402
Trade Debtors Trade Receivables					381 961	295 724	286 772	359 123	126 996	106 862	216 289	596 773
Turnover Revenue					15 636 191	16 686 300	21 380 087	29 593 774	34 358 067	28 844 039	29 326 140	37 509 383
Wages Salaries					857 437	867 481	936 256	1 059 459	1 138 506	801 170	620 807	711 786
Accumulated Amortisation Impairment Intangible Assets										3 022	6 043	9 068
Advances Credits Directors	212 486	15 395	5 358	254 311
Advances Credits Made In Period Directors	266 011		365 805
Advances Credits Repaid In Period Directors	139 469		345 052
Amortisation Expense Intangible Assets										3 022	3 021	3 025
Fixed Assets									1 185 894	1 232 574	1 325 418	3 363 743
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax												1 717 584
Increase Decrease Due To Transfers Between Classes Property Plant Equipment												-3 000 000
Increase From Amortisation Charge For Year Intangible Assets										3 022	3 021	3 025
Intangible Assets										9 065	6 044	3 169
Intangible Assets Gross Cost										12 087	12 087	12 237
Investment Property												3 000 000
Investment Property Fair Value Model												3 000 000
Other Comprehensive Income Expense Net Tax												1 717 584
Pension Other Post-employment Benefit Costs Other Pension Costs											7 169	10 140
Purchase Intangible Assets										-12 087		-150
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment												-144 476
Social Security Costs											63 954	82 005
Staff Costs Employee Benefits Expense											691 930	803 931
Total Additions Including From Business Combinations Intangible Assets										12 087		150
Total Increase Decrease From Revaluations Property Plant Equipment												2 053 000

Company staff

Declan O.

Role: Director

Appointed: 22 September 2003

Latest update: 28 November 2023

Secretarial Appointments Limited

Role: Corporate Nominee Secretary

Appointed: 22 September 2003

Resigned: 22 September 2003

Address: Cardiff, CF10 2DX

Latest update: 28 November 2023

Corporate Appointments Limited

Role: Corporate Nominee Director

Appointed: 22 September 2003

Resigned: 22 September 2003

Address: Cardiff, CF10 2DX

Latest update: 28 November 2023

Joanne O.

Role: Secretary

Appointed: 22 September 2003

Resigned: 17 December 2010

Latest update: 28 November 2023

People with significant control

Declan O.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	25 June 2024
Account last made up date	30 September 2022
Confirmation statement next due date	21 September 2024
Confirmation statement last made up date	07 September 2023

Annual Accounts 25 June 2015
Start Date For Period Covered By Report	01 October 2013
End Date For Period Covered By Report	30 September 2014
Date Approval Accounts	25 June 2015
Annual Accounts
Start Date For Period Covered By Report	01 October 2015
End Date For Period Covered By Report	30 September 2016
Annual Accounts
Start Date For Period Covered By Report	01 October 2016
End Date For Period Covered By Report	30 September 2017
Annual Accounts
Start Date For Period Covered By Report	01 October 2017
End Date For Period Covered By Report	30 September 2018
Annual Accounts
Start Date For Period Covered By Report	01 October 2018
End Date For Period Covered By Report	30 September 2019
Annual Accounts
Start Date For Period Covered By Report	01 October 2019
End Date For Period Covered By Report	30 September 2020
Annual Accounts
Start Date For Period Covered By Report	01 October 2020
End Date For Period Covered By Report	30 September 2021
Annual Accounts
Start Date For Period Covered By Report	01 October 2021
End Date For Period Covered By Report	30 September 2022
Annual Accounts 25 June 2013
End Date For Period Covered By Report	01 October 2012
Date Approval Accounts	25 June 2013

Vanwise Group Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Declan O.

Secretarial Appointments Limited

Corporate Appointments Limited

Joanne O.

People with significant control

Declan O.

Accounts Documents

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies