Westlite Limited in Bideford, EX39 2AT

Description

Data updated on: 01-11-2023

Westlite Limited is established as Private Limited Company, that is based in 69 High Street in Bideford. The company's zip code is EX39 2AT. The firm has been registered in year 1998. The business registration number is 03616835. Established as Abv Inns, it used the business name until 2002, when it got changed to Westlite Limited. This company's SIC code is 47540 which stands for Retail sale of electrical household appliances in specialised stores. Westlite Ltd released its account information for the period up to December 31, 2022. The business latest annual confirmation statement was released on August 17, 2023.

There is a group of two directors supervising this particular limited company at present, specifically Nina G. and Gordon G. who have been carrying out the directors tasks since November 2003.

Executives with significant control over the firm are: Gordon G. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Nina G. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Previous company's names
Westlite Limited 2002-11-15
Abv Inns Limited 1998-08-17

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	80 428	123 773	218 171	335 339	455 648

Balance Sheet
Cash Bank In Hand	14 652	11 370	17 226	24 846	84 605
Cash Bank On Hand					84 605	18 766	149 777	133 173	220 913	255 076	333 181	339 901
Current Assets	218 271	290 189	319 961	443 987	515 413	603 030	657 390	491 713	469 195	425 514	466 533	487 277
Debtors	155 564	236 162	286 869	340 603	296 480	470 635	396 745	100 484	74 625	91 411	50 563	69 259
Intangible Fixed Assets	16 000	12 000	8 000
Net Assets Liabilities					455 648	508 995	544 177	493 326	485 382	334 626	422 716	367 281
Net Assets Liabilities Including Pension Asset Liability			218 171	335 339	455 648
Property Plant Equipment					643	542	458	387	527	3 221	4 973	4 010
Stocks Inventory	48 055	42 657	15 866	78 538	134 328
Tangible Fixed Assets	437	1 104	917	766	643
Total Inventories					134 328	113 629	110 868	258 056	173 657	79 027	82 789	78 117

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	79 428	122 773	217 171	334 339	454 648
Shareholder Funds	80 428	123 773	218 171	335 339	455 648

Other Financial Data
Amount Specific Advance Or Credit Directors							2 123	47 286	32 236	68 551	19 694	37 196
Amount Specific Advance Or Credit Made In Period Directors							42 149	133 220	40 513	90 360	24 316	53 290
Amount Specific Advance Or Credit Repaid In Period Directors							40 026	88 057	55 563	54 045	73 173	35 788
Accumulated Amortisation Impairment Intangible Assets								15 000	30 000	45 000	60 000	75 000
Accumulated Depreciation Impairment Property Plant Equipment					3 213	3 314	3 398	3 469	3 628	4 400	6 112	6 856
Average Number Employees During Period					2	2	3	15	12	13	10	12
Creditors					60 279	94 469	113 584	133 700	104 240	41 295	137 845	197 943
Creditors Due Within One Year	154 280	179 520	110 707	109 261	60 279
Fixed Assets	16 437	13 104	8 917	766			458	135 387	120 527	108 221	94 973	79 010
Future Minimum Lease Payments Under Non-cancellable Operating Leases					32 802	16 625	81 183	80 100	62 900	52 325	62 900	45 816
Increase From Amortisation Charge For Year Intangible Assets								15 000	15 000	15 000	15 000	15 000
Increase From Depreciation Charge For Year Property Plant Equipment						101	84	71	159	772	1 712	1 366
Intangible Assets								135 000	120 000	105 000	90 000	75 000
Intangible Assets Gross Cost								150 000	150 000	150 000	150 000
Intangible Fixed Assets Aggregate Amortisation Impairment	4 000	8 000	12 000
Intangible Fixed Assets Amortisation Charged In Period		4 000	4 000	8 000
Intangible Fixed Assets Amortisation Decrease Increase On Disposals				20 000
Intangible Fixed Assets Cost Or Valuation	20 000	20 000	20 000
Intangible Fixed Assets Disposals				20 000
Net Current Assets Liabilities	63 991	110 669	209 254	334 726	455 134	508 561	543 806	358 013	364 955	268 312	328 688	289 334
Number Shares Allotted		1 000	1 000	1 000	1 000
Number Shares Issued Fully Paid						1 000	1 000	500	125	125	125	125
Par Value Share		1	1	1	1	1	1	1	1	1	1	1
Property Plant Equipment Gross Cost					3 856	3 856	3 856	3 856	4 155	7 621	11 085	10 866
Provisions For Liabilities Balance Sheet Subtotal					129	108	87	74	100	612	945	1 063
Provisions For Liabilities Charges				153	129
Share Capital Allotted Called Up Paid	1 000	1 000	1 000	1 000	1 000
Tangible Fixed Assets Additions		899
Tangible Fixed Assets Cost Or Valuation	2 957	3 856	3 856	3 856
Tangible Fixed Assets Depreciation	2 520	2 752	2 939	3 090	3 213
Tangible Fixed Assets Depreciation Charged In Period		232	187	151	123
Total Additions Including From Business Combinations Intangible Assets								150 000
Total Assets Less Current Liabilities	80 428	123 773	218 171	335 492	455 777	509 103	544 264	493 400	485 482	376 533	423 661	368 344
Bank Borrowings										886
Disposals Decrease In Depreciation Impairment Property Plant Equipment												622
Disposals Property Plant Equipment												1 048
Nominal Value Shares Issued Specific Share Issue									1
Total Additions Including From Business Combinations Property Plant Equipment									299	3 466	3 464	829