Welcome Holdings Limited in Caernarfon, LL55 2BD

Description

Data updated on: 01-11-2023

Welcome Holdings Limited is a Private Limited Company, that is registered in Welcome Furniture, 1 Cibyn Ind Est in Caernarfon. The headquarters' post code is LL55 2BD. The firm was created in 2009-10-22. The registered no. is 07053896. Since 2015-02-24 Welcome Holdings Limited is no longer under the name Welcome Furniture (sales). This enterprise's Standard Industrial Classification Code is 31090 which stands for Manufacture of other furniture. 2022/03/31 is the last time company accounts were reported.

David L., Martin B. and John P. are registered as the company's directors and have been doing everything they can to help the company for three years. Additionally, the managing director's efforts are assisted with by a secretary - Simon M., who was chosen by this specific business 15 years ago.

Previous company's names
Welcome Holdings Limited 2015-02-24
Welcome Furniture (sales) Ltd 2009-10-22

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	14 479	20 470	4 849	14 608	16 059
Current Assets	947 793	1 717 088	2 579 139	2 656 416	2 518 339
Debtors	933 314	1 696 618	2 574 290	2 641 808	2 502 280
Net Assets Liabilities	328 237	323 034	963 306	946 508	1 175 106
Other Debtors	35 565	32 964	8 555	4 403	4 403
Property Plant Equipment	1 918 839	2 399 696	2 694 445	4 415 904	2 115 865

Other Financial Data
Accrued Liabilities Deferred Income	136 984	103 408	97 039	71 979	46 986
Accumulated Depreciation Impairment Property Plant Equipment	2 262 942	2 742 605	3 219 301	3 834 019	4 422 686
Additions From Acquisitions Investment Property Fair Value Model					45 167
Additions Other Than Through Business Combinations Property Plant Equipment		1 085 520	859 695	2 501 204
Administrative Expenses	547 540	669 714	1 393 419	1 054 057	1 125 916
Amounts Owed By Group Undertakings	897 749	1 648 654	2 276 396	2 586 076	2 452 287
Amounts Owed To Group Undertakings	1 607 528	2 134 942	2 882 442	3 099 942	3 099 942
Average Number Employees During Period	2	2	2	3	3
Bank Borrowings	379 631	820 035	738 519	1 939 782	1 842 791
Bank Borrowings Overdrafts	318 019	745 409	646 187	1 836 044	1 649 277
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	95 578	474 233	388 457	285 781	71 673
Corporation Tax Payable	59 626	22 999	92 444		35 471
Creditors	454 237	936 926	780 799	2 218 528	1 727 012
Current Tax For Period	65 936	22 999	92 443		35 471
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	5 812	24 330	91 659	58 409	170 350
Depreciation Expense Property Plant Equipment	49 965	114 340	202 374
Dividend Income From Group Undertakings	91 000	91 000
Dividends Paid	91 000	91 000
Dividends Paid On Shares Final	91 000	91 000
Finance Lease Liabilities Present Value Total	228 678	562 588	270 897	731 763	391 090
Finance Lease Payments Owing Minimum Gross	247 406	616 439	290 509	759 717	399 229
Fixed Assets	1 918 939	2 399 796	2 694 545	4 416 004	4 535 965
Further Item Tax Increase Decrease Component Adjusting Items	16 096	6 314	27 109	28 702	283 093
Future Finance Charges On Finance Leases	18 728	53 851	19 612	27 954	8 139
Future Minimum Lease Payments Under Non-cancellable Operating Leases		540 000	480 000	360 000	300 000
Gain Loss On Disposals Property Plant Equipment		-24 105	19 005	4 816
Government Grant Income	40 243	32 576	31 371	25 058
Increase Decrease Due To Transfers Into Or Out Property Plant Equipment					-1 617 418
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model					764 571
Increase Decrease In Current Tax From Adjustment For Prior Periods		6 314	-3 332
Increase From Depreciation Charge For Year Property Plant Equipment		492 684	560 102	757 028	614 574
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	10 411	13 535	25 785	32 747
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	15 139	27 120	45 073	28 502
Interest Payable Similar Charges Finance Costs	25 550	40 655	70 858	61 249	109 949
Investment Property					2 420 000
Investment Property Fair Value Model					2 420 000
Investments Fixed Assets	100	100	100	100	100
Investments In Subsidiaries	100	100	100	100	100
Net Current Assets Liabilities	-1 028 417	-1 007 458	-726 403	-968 522	-1 181 051
Net Finance Income Costs		91 000	6
Operating Profit Loss	304 557	89 095	891 894	102 821
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		13 021	83 406	142 310	18 751
Other Disposals Property Plant Equipment		125 000	88 250	165 027	93 954
Other Interest Income			6	39
Other Interest Receivable Similar Income Finance Income	91 000	91 000	6	39
Other Operating Income Format1	237 097	218 809	577 480	559 078	577 033
Other Taxation Social Security Payable		17 500			10 122
Percentage Class Share Held In Subsidiary		100	100	100
Prepayments Accrued Income		15 000	250 939	51 329	45 590
Profit Loss	298 259	85 797	640 272	-16 798	228 598
Profit Loss On Ordinary Activities Before Tax	370 007	139 440	821 042	41 611	434 419
Property Plant Equipment Gross Cost	4 181 781	5 142 301	5 913 746	8 249 923	6 538 551
Provisions For Liabilities Balance Sheet Subtotal	108 048	132 378
Taxation Including Deferred Taxation Balance Sheet Subtotal	108 048	132 378	224 037	282 446	452 796
Tax Decrease Increase From Effect Revenue Exempt From Taxation					150 018
Tax Expense Credit Applicable Tax Rate	70 301	26 494	155 998	7 906	82 540
Tax Increase Decrease Arising From Group Relief Tax Reconciliation				18 400	-16 786
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	3 324	4 124	995	3 401	6 992
Tax Tax Credit On Profit Or Loss On Ordinary Activities	71 748	53 643	180 770	58 409	205 821
Total Assets Less Current Liabilities	890 522	1 392 338	1 968 142	3 447 482	3 354 914
Total Borrowings	318 019	745 409	646 187	1 836 044	1 649 277
Total Current Tax Expense Credit	65 936	29 313	89 111
Trade Creditors Trade Payables	18 000		5 000
Trade Debtors Trade Receivables			38 400
Transfers To From Retained Earnings Increase Decrease In Equity	-12 954	-14 827	-12 642	-12 643	-12 643
Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Depreciation Impairment Property Plant Equipment					7 156
Turnover Revenue	615 000	540 000	1 707 833	597 800

Company staff

David L.

Role: Director

Appointed: 23 July 2021

Latest update: 5 January 2024

Martin B.

Role: Director

Appointed: 30 January 2017

Latest update: 5 January 2024

John P.

Role: Director

Appointed: 22 October 2009

Latest update: 5 January 2024

Simon M.

Role: Secretary

Appointed: 22 October 2009

Latest update: 5 January 2024

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	16 October 2024
Confirmation statement last made up date	02 October 2023

Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Welcome Holdings Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

David L.

Martin B.

John P.

Simon M.

Russell M.

Accounts Documents

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