Worldteam Limited in Teignmouth, TQ14 0BG

Description

Data updated on: 01-11-2023

Worldteam Limited with Companies House Reg No. 06465660 has been competing in the field for sixteen years. This Private Limited Company is officially located at Coast View Torquay Road, Shaldon, Teignmouth and their post code is TQ14 0BG. The firm's SIC and NACE codes are 55209 which stands for Other holiday and other collective accommodation. Worldteam Ltd released its latest accounts for the period up to 31st March 2023. The business latest confirmation statement was submitted on 3rd January 2023.

The trademark number of Worldteam is UK00003017621. It was applied for in August, 2013 and it registration ended successfully by Intellectual Property Office in November, 2013. The corporation has the right to use their trademark untill August, 2023.

The following company owes its success and permanent growth to a team of four directors, who are Mark E., Ben D., Robert D. and Joshua D., who have been in charge of the firm for two years.

Trade marks

Trademark UK00003017621

Trademark UK00003017621

Trademark image:
Status:	Registered
Filing date:	2013-08-11
Date of entry in register:	2013-11-22
Renewal date:	2023-08-11
Owner name:	Worldteam Limited
Owner address:	Windsor House, 44 High Road, Balby, DONCASTER, United Kingdom, DN4 0PL

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-670 555	-973 903	-1 186 770	355 903	1 435 134

Balance Sheet
Cash Bank On Hand					922 042	1 041 315	1 105 779	1 247 658	909 113	2 766 875	1 418 465
Current Assets	947 191	1 034 105	1 071 554	1 403 512	2 069 882	3 386 137	3 334 859	3 611 011	3 608 375	5 315 118	4 103 962
Debtors	824 800	866 791	796 155	918 249	864 195	1 153 051	1 112 509	894 055	1 361 105	898 033	1 336 129
Net Assets Liabilities					1 666 029	2 894 218	6 131 064	7 346 936	8 728 144	10 295 040	12 779 619
Other Debtors					91 221	492 716	541 371	505 116	717 824	331 368	299 469
Property Plant Equipment					7 129 463	10 763 840	11 895 402	13 812 187	16 664 968	18 850 168	22 430 610
Total Inventories					283 645	1 191 771	1 116 571	1 469 298	1 338 157	1 650 210	1 349 368
Cash Bank In Hand	118 254	165 114	275 399	485 263	922 042
Intangible Fixed Assets	560 657	348 157	156 490	68 990
Net Assets Liabilities Including Pension Asset Liability	-670 555	-973 903	-1 186 770	355 551	1 435 134
Stocks Inventory	4 137	2 200			283 645
Tangible Fixed Assets	5 118 154	4 917 798	4 786 397	6 522 531	7 129 463

Capital & Reserves
Called Up Share Capital	360	360	360	360	360
Profit Loss Account Reserve	-670 915	-974 263	-1 187 130	-860 425	-981 194
Shareholder Funds	-670 555	-973 903	-1 186 770	355 903	1 435 134

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets					850 000	850 000	850 000	850 000	850 000
Accumulated Depreciation Impairment Property Plant Equipment					784 309	834 106	212 584	288 375	409 580	568 557	734 686
Additions Other Than Through Business Combinations Property Plant Equipment						3 684 174	1 706 495	1 992 576	2 984 089		3 746 571
Administrative Expenses										1 659 595	2 338 257
Amounts Owed By Related Parties					635 713
Amounts Owed To Related Parties						190 107
Amount Specific Bank Loan					3 075 888	5 257 093	5 037 082	4 926 443	7 077 506	6 914 635	7 556 413
Applicable Tax Rate										19	19
Average Number Employees During Period					22	25	28	33	34	40	46
Balances With Banks										2 115 239	766 769
Bank Borrowings					2 944 362	5 045 520	4 815 690	4 699 525	6 670 889	6 541 822	7 161 492
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment					4 615 118	8 068 823	9 217 872	11 159 897	13 626 768	15 060 547	18 257 992
Cash Cash Equivalents										2 766 875	1 418 465
Cash Cash Equivalents Cash Flow Value									909 113	2 766 875
Cash On Hand										600	600
Comprehensive Income Expense										1 666 896	2 734 579
Cost Sales										7 224 695	7 542 070
Creditors					6 343 876	8 242 467	5 850 257	5 661 731	7 580 897	6 582 086	7 206 569
Current Tax For Period										280 000	468 000
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws											162 199
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences										122 666	323 000
Depreciation Amortisation Expense										158 977	166 129
Depreciation Expense Property Plant Equipment										158 977	166 129
Disposals Decrease In Depreciation Impairment Property Plant Equipment									-2 778
Disposals Property Plant Equipment							-440 000		-10 103
Dividend Per Share Interim										101	504
Dividends Paid										-100 000	-250 000
Dividends Paid Classified As Financing Activities										-100 000	-250 000
Dividends Paid On Shares Interim										100 000	250 000
Finance Lease Liabilities Present Value Total					16 157	10 373	15 152	17 219	55 020	19 536	25 369
Fixed Assets	5 678 886	5 266 055	4 942 987	6 591 621	7 129 563	10 763 940	11 895 502	13 812 287	16 665 068	18 850 268	22 430 710
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities										-550 888	1 000 000
Further Item Creditors Component Total Creditors					2 377 583	4 364 545	4 117 634	3 983 959	5 044 423	4 972 518	4 712 261
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables										-2 954 678	1 209 916
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables										-290 823	438 096
Gain Loss In Cash Flows From Change In Inventories										312 054	-300 842
Government Grant Income										256 653	68 714
Gross Profit Loss										2 814 883	5 990 759
Income Taxes Paid Refund Classified As Operating Activities										126 911	279 366
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation										1 857 762	-1 348 410
Increase Decrease In Current Tax From Adjustment For Prior Periods										-2 423	2 565
Increase Decrease In Existing Provisions											323 000
Increase From Depreciation Charge For Year Property Plant Equipment						49 797	60 539	75 791	123 983		166 129
Intangible Assets Gross Cost					850 000	850 000	850 000	850 000	850 000
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss										199 149	196 647
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts										3 614	2 280
Interest Income On Bank Deposits										345	60
Interest Paid Classified As Financing Activities										-202 763	-198 927
Interest Paid Classified As Operating Activities										202 763	198 927
Interest Payable Similar Charges Finance Costs										202 763	198 927
Interest Received Classified As Investing Activities										345	60
Interest Received Classified As Operating Activities										345	60
Inventories Pledged As Security For Liabilities Carrying Amount						732 110	933 715	961 575	758 271	969 835	1 001 328
Investments Fixed Assets	75	100	100	100	100	100	100	100	100	100	100
Investments In Subsidiaries					100	100	100	100	100	100	100
Net Cash Flows From Used In Financing Activities										-1 035 910	131 497
Net Cash Flows From Used In Investing Activities										-2 343 832	-3 746 511
Net Cash Flows From Used In Operating Activities										5 237 504	2 266 604
Net Cash Generated From Operations										5 364 415	2 545 970
Net Cash Inflow Outflow From Operations Before Movements In Working Capital										2 430 968	3 893 140
Net Current Assets Liabilities	575 070	666 860	605 488	473 880	649 447	473 573	217 479	-628 306	46 559	-1 620 142	-1 768 522
Nominal Value Allotted Share Capital					360	360	1 041	1 041	1 041	1 041	1 041
Number Shares Issued Fully Paid					360	360	1 041	1 041	1 041	1 041	1 041
Other Creditors					1 084 873	976 313	904 649	1 032 867	1 148 264	171 568	186 363
Other Interest Receivable Similar Income Finance Income										345	60
Other Inventories					283 645	1 191 771	1 116 571	1 469 298	1 338 157
Other Operating Income Format1										1 116 703	74 509
Other Payables Accrued Expenses										1 686 758	1 487 630
Other Remaining Borrowings					3 383 357	3 186 574	1 019 415	944 987	854 988	369 500	297 500
Other Remaining Operating Income										860 050	5 795
Ownership Interest In Subsidiary Percent					100	100	100	100	100
Par Value Share		1	1	1	1	1	1	1	1		1
Payments Finance Lease Liabilities Classified As Financing Activities										-19 388	10 646
Pension Costs Defined Contribution Plan										16 989	405 378
Percentage Class Share Held In Subsidiary										100	100
Prepayments										253 985	840 048
Profit Loss										1 666 896	2 734 579
Profit Loss On Ordinary Activities Before Tax										2 069 573	3 528 144
Property Plant Equipment Gross Cost					7 913 772	11 597 946	12 107 986	14 100 562	17 074 548	19 418 725	23 165 296
Provisions										353 000	676 000
Provisions For Liabilities Balance Sheet Subtotal					154 488	100 828	131 660	175 314	402 586	353 000	676 000
Purchase Property Plant Equipment										-2 344 177	-3 746 571
Repayments Borrowings Classified As Financing Activities										-162 871	-358 222
Short-term Deposits Classified As Cash Equivalents										651 036	651 096
Social Security Costs										125 229	163 268
Staff Costs Employee Benefits Expense										1 438 778	2 042 457
Taxation Social Security Payable					4 684	10	38 867	40 351	22 821	43 322	11 806
Tax Decrease Increase From Effect Revenue Exempt From Taxation										-311
Tax Expense Credit Applicable Tax Rate										393 219	670 347
Tax Increase Decrease From Effect Capital Allowances Depreciation										10 901	-24 051
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss											10 842
Tax Increase Decrease From Effect Indexation Allowance On Capital Gains											-24 698
Tax Increase Decrease From Other Short-term Timing Differences										1 291	-3 639
Tax Tax Credit On Profit Or Loss On Ordinary Activities										402 677	793 565
Total Assets Less Current Liabilities	6 253 956	5 932 915	5 548 475	7 065 149	7 779 010	11 237 513	12 112 981	13 183 981	16 711 627	17 230 126	20 662 188
Total Borrowings					6 343 876	8 242 467	5 850 257	5 661 731	7 580 897	6 582 086	7 206 569
Total Increase Decrease From Revaluations Property Plant Equipment							-756 455
Trade Creditors Trade Payables					193 995	1 529 149	1 918 501	2 826 158	1 767 646	3 991 763	2 997 696
Trade Debtors Trade Receivables					137 261	120 079	236 062	234 819	471 029	312 680	196 612
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment							-682 061
Turnover Revenue										10 039 578	13 532 829
Wages Salaries										1 296 560	1 473 811
Company Contributions To Money Purchase Plans Directors											252 110
Director Remuneration										111 834	211 803
Number Directors Accruing Benefits Under Money Purchase Scheme											3
Creditors Due After One Year	6 924 511	6 906 818	6 735 245	6 709 598	6 343 876
Creditors Due Within One Year	372 121	367 245	466 066	929 632	1 420 435
Debtors Due After One Year	-729 061	-711 697	-618 717	-633 977
Intangible Fixed Assets Aggregate Amortisation Impairment	289 343	501 843	693 510	781 010	850 000
Intangible Fixed Assets Amortisation Charged In Period		212 500	191 667	87 500	68 990
Intangible Fixed Assets Cost Or Valuation	850 000	850 000	850 000	850 000
Number Shares Allotted		120	120	120	120
Revaluation Reserve				1 215 968	2 415 968
Secured Debts	3 356 382	3 323 409	3 263 672	3 253 124	3 097 402
Share Capital Allotted Called Up Paid	120	120	120	120	120
Tangible Fixed Assets Additions		215 117	679 797	943 969	900
Tangible Fixed Assets Cost Or Valuation	5 477 763	5 501 284	5 573 660	7 239 683	7 913 772
Tangible Fixed Assets Depreciation	359 609	583 486	787 263	717 504	784 309
Tangible Fixed Assets Depreciation Charged In Period		230 968	231 592	254 332	94 375
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		7 091	27 815	27 901	27 570
Tangible Fixed Assets Depreciation Increase Decrease From Transfers Between Items				-1
Tangible Fixed Assets Disposals		191 596	607 421	147 820	527 163
Tangible Fixed Assets Increase Decrease From Revaluations				869 874	1 200 000

Company staff

Mark E.

Role: Director

Appointed: 15 February 2022

Latest update: 15 April 2024

Ben D.

Role: Director

Appointed: 06 April 2017

Latest update: 15 April 2024

Robert D.

Role: Director

Appointed: 04 March 2008

Latest update: 15 April 2024

Joshua D.

Role: Director

Appointed: 04 March 2008

Latest update: 15 April 2024

Gillian D.

Role: Director

Appointed: 04 March 2008

Resigned: 11 October 2019

Latest update: 15 April 2024

John L.

Role: Secretary

Appointed: 18 January 2008

Resigned: 06 April 2017

Latest update: 15 April 2024

John L.

Role: Director

Appointed: 18 January 2008

Resigned: 06 April 2017

Latest update: 15 April 2024

Secretarial Appointments Limited

Role: Corporate Nominee Secretary

Appointed: 07 January 2008

Resigned: 07 January 2008

Address: Cardiff, CF10 2DX

Latest update: 15 April 2024

Corporate Appointments Limited

Role: Corporate Nominee Director

Appointed: 07 January 2008

Resigned: 07 January 2008

Address: Cardiff, CF10 2DX

Latest update: 15 April 2024

People with significant control

Executives who have control over the firm are as follows: Joshua D. has substantial control or influence over the company. Robert D. has substantial control or influence over the company.

Joshua D.

Notified on 6 April 2016

Nature of control:

substantial control or influence

Robert D.

Notified on 6 April 2016

Nature of control:

substantial control or influence

Gillian D.

Notified on 6 April 2016

Ceased on 11 October 2019

Nature of control:

substantial control or influence

John L.

Notified on 6 April 2016

Ceased on 6 April 2017

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	17 January 2024
Confirmation statement last made up date	03 January 2023

Annual Accounts 22 September 2014
Start Date For Period Covered By Report	01 April 2013
End Date For Period Covered By Report	31 March 2014
Date Approval Accounts	22 September 2014
Annual Accounts 16 December 2015
Start Date For Period Covered By Report	01 April 2014
End Date For Period Covered By Report	31 March 2015
Date Approval Accounts	16 December 2015
Annual Accounts 1 November 2016
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Date Approval Accounts	1 November 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2015
End Date For Period Covered By Report	31 March 2016
Annual Accounts 19 November 2013
End Date For Period Covered By Report	31 March 2013
Date Approval Accounts	19 November 2013

Worldteam Limited

General information

Name:

Office Address:

Description

Trade marks

Trademark UK00003017621

Financial data based on annual reports

Company staff

Mark E.

Ben D.

Robert D.

Joshua D.

Gillian D.

John L.

John L.

Secretarial Appointments Limited

Corporate Appointments Limited

People with significant control

Joshua D.

Robert D.

Gillian D.

John L.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2013

Address:

Post code:

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HQ address, 2014

Address:

Post code:

City / Town:

HQ address, 2015

Address:

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HQ address, 2016

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