Founded in 2004, Switchsure Finance, classified under reg no. 05149688 is an active company. Currently registered at The Pavilion SO30 2AF, Hedge End the company has been in the business for twenty years. Its financial year was closed on May 31 and its latest financial statement was filed on 2022/05/31. Since 2007/11/29 Switchsure Finance Limited is no longer carrying the name Spectrum 119.
The firm has 3 directors, namely Paul D., Robert W. and David F.. Of them, David F. has been with the company the longest, being appointed on 9 June 2004 and Paul D. has been with the company for the least time - from 3 January 2023. Currently there is 1 former director listed by the firm - Hugo M., who left the firm on 16 January 2024. Similarly, the firm lists a few former secretaries whose names might be found in the list below.
Office Address | The Pavilion |
Office Address2 | Botleigh Grange Business Park |
Town | Hedge End |
Post code | SO30 2AF |
Country of origin | United Kingdom |
Registration Number | 05149688 |
Date of Incorporation | Wed, 9th Jun 2004 |
Industry | Retail sale of telecommunications equipment other than mobile telephones |
End of financial Year | 31st May |
Company age | 20 years old |
Account next due date | Thu, 29th Feb 2024 (101 days after) |
Account last made up date | Tue, 31st May 2022 |
Next confirmation statement due date | Wed, 19th Jun 2024 (2024-06-19) |
Last confirmation statement dated | Mon, 5th Jun 2023 |
The register of persons with significant control that own or have control over the company consists of 1 name. As we found, there is Scci Group Limited from Southampton, England. The abovementioned PSC is categorised as "a limited company", has 75,01-100% voting rights and has 75,01-100% shares. The abovementioned PSC has 75,01-100% voting rights and has 75,01-100% shares.
Scci Group Limited
The Pavilion Grange Drive, Hedge End, Southampton, SO30 2AF, England
Legal authority | Companies Act |
Legal form | Limited Company |
Country registered | England |
Place registered | England And Wales |
Registration number | 06089974 |
Notified on | 6 April 2016 |
Nature of control: |
75,01-100% shares 75,01-100% voting rights right to appoint and remove directors |
Spectrum 119 | November 29, 2007 |
Profit & Loss | ||||
---|---|---|---|---|
Accounts Information Date | 2020-05-31 | 2021-05-31 | 2022-05-31 | 2023-05-31 |
Balance Sheet | ||||
Cash Bank On Hand | 10 354 | 46 186 | 124 896 | 61 671 |
Current Assets | 5 797 403 | 4 788 379 | 5 239 136 | 4 362 706 |
Net Assets Liabilities | 371 562 | 732 507 | 1 072 580 | 1 461 639 |
Other Debtors | 3 587 740 | 2 681 678 | 3 319 004 | 2 616 983 |
Property Plant Equipment | 33 144 | 23 370 | 13 974 | 5 133 |
Other | ||||
Audit Fees Expenses | 4 170 | 4 295 | ||
Accrued Liabilities Deferred Income | 870 544 | 763 345 | 741 260 | 706 773 |
Accumulated Depreciation Impairment Property Plant Equipment | 116 724 | 126 498 | 126 896 | 135 737 |
Administrative Expenses | 127 884 | 58 904 | ||
Amounts Owed By Group Undertakings | 538 611 | 628 881 | 391 372 | 135 339 |
Amounts Owed To Group Undertakings | 237 178 | |||
Average Number Employees During Period | 3 | 3 | 3 | 3 |
Bank Borrowings | 2 500 000 | 1 633 333 | 1 687 451 | 603 091 |
Bank Borrowings Overdrafts | 1 633 333 | 766 667 | 604 232 | 286 538 |
Corporation Tax Payable | 62 636 | 44 723 | 49 334 | |
Corporation Tax Recoverable | 29 336 | |||
Cost Sales | 111 133 | 143 510 | ||
Creditors | 3 559 568 | 2 271 450 | 2 149 615 | 1 473 783 |
Current Tax For Period | 82 636 | 84 723 | ||
Deferred Income | 1 926 235 | 1 504 783 | 1 545 383 | 1 187 245 |
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit | 45 | 46 | ||
Depreciation Expense Property Plant Equipment | 10 144 | 9 774 | ||
Dividends Paid | 2 000 000 | |||
Dividends Paid On Shares Interim | 2 000 000 | |||
Gross Investment In Finance Leases | 4 769 744 | 3 739 345 | 4 409 436 | 3 830 536 |
Gross Profit Loss | 613 635 | 584 608 | ||
Increase From Depreciation Charge For Year Property Plant Equipment | 9 774 | 9 396 | 8 841 | |
Interest Income On Bank Deposits | 155 | 20 | ||
Interest Payable Similar Charges Finance Costs | 51 217 | 80 056 | ||
Minimum Lease Payments Receivable Under Non-cancellable Operating Leases | 101 493 | 71 854 | 43 143 | 15 972 |
Net Current Assets Liabilities | 3 897 986 | 2 980 587 | 3 208 455 | 2 930 469 |
Operating Profit Loss | 485 751 | 525 704 | ||
Other Creditors | 44 877 | 104 340 | 118 040 | |
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment | 8 998 | |||
Other Disposals Property Plant Equipment | 8 998 | |||
Other Interest Expense | 51 217 | 80 056 | ||
Other Interest Receivable Similar Income Finance Income | 155 | 20 | ||
Other Taxation Social Security Payable | 99 570 | 88 181 | 52 528 | 53 693 |
Prepayments Accrued Income | 111 015 | 57 331 | 163 010 | 109 347 |
Present Value Finance Lease Receivables | 2 312 288 | 1 758 603 | 2 411 627 | 2 168 751 |
Profit Loss | 352 053 | 360 945 | ||
Profit Loss On Ordinary Activities Before Tax | 434 689 | 445 668 | ||
Property Plant Equipment Gross Cost | 149 868 | 149 868 | 140 870 | |
Provisions For Liabilities Balance Sheet Subtotal | 234 | 180 | ||
Tax Expense Credit Applicable Tax Rate | 82 591 | 84 677 | ||
Tax Tax Credit On Profit Or Loss On Ordinary Activities | 82 636 | 84 723 | ||
Total Assets Less Current Liabilities | 3 931 130 | 3 003 957 | 3 222 429 | 2 935 602 |
Total Borrowings | 1 633 333 | 766 667 | 604 232 | 286 538 |
Trade Debtors Trade Receivables | 342 281 | 297 519 | 150 342 | 186 257 |
Turnover Revenue | 724 768 | 728 118 | ||
Unearned Finance Income On Finance Leases | 2 457 456 | 1 980 742 | 1 997 809 | 1 661 785 |
Type | Category | Free download | |
---|---|---|---|
AA |
Small company accounts made up to 2023/05/31 filed on: 28th, February 2024 |
accounts | Free Download (13 pages) |
© bizstats.co.uk 2024.
Terms of Use and Privacy Policy