Asset Auctions Ltd NEWARK


Asset Auctions Ltd is a private limited company registered at Systems House Lodge Lane, Tuxford, Newark NG22 0NL. Its total net worth is valued to be roughly 0 pounds, and the fixed assets the company owns total up to 0 pounds. Incorporated on 2019-01-25, this 5-year-old company is run by 1 director.
Director Nigel P., appointed on 01 May 2020.
The company is officially categorised as "agents involved in the sale of machinery, industrial equipment, ships and aircraft" (Standard Industrial Classification code: 46140).
The last confirmation statement was sent on 2023-02-05 and the date for the next filing is 2024-02-19. What is more, the annual accounts were filed on 31 January 2023 and the next filing should be sent on 31 October 2024.

Asset Auctions Ltd Address / Contact

Office Address Systems House Lodge Lane
Office Address2 Tuxford
Town Newark
Post code NG22 0NL
Country of origin United Kingdom

Company Information / Profile

Registration Number 11788751
Date of Incorporation Fri, 25th Jan 2019
Industry Agents involved in the sale of machinery, industrial equipment, ships and aircraft
End of financial Year 31st January
Company age 5 years old
Account next due date Thu, 31st Oct 2024 (190 days left)
Account last made up date Tue, 31st Jan 2023
Next confirmation statement due date Mon, 19th Feb 2024 (2024-02-19)
Last confirmation statement dated Sun, 5th Feb 2023

Company staff

Nigel P.

Position: Director

Appointed: 01 May 2020

Susan B.

Position: Director

Appointed: 26 January 2019

Resigned: 31 January 2022

Nigel P.

Position: Director

Appointed: 25 January 2019

Resigned: 26 January 2019

People with significant control

The register of PSCs that own or control the company includes 3 names. As we researched, there is Nigel P. The abovementioned PSC and has 75,01-100% shares. Another one in the PSC register is Susan B. This PSC has significiant influence or control over the company,. The third one is Nigel P., who also fulfils the Companies House conditions to be listed as a PSC. This PSC owns 75,01-100% shares.

Nigel P.

Notified on 20 February 2020
Nature of control: 75,01-100% shares

Susan B.

Notified on 26 January 2019
Ceased on 31 January 2022
Nature of control: significiant influence or control

Nigel P.

Notified on 25 January 2019
Ceased on 26 January 2019
Nature of control: 75,01-100% shares

Annual reports financial information

Profit & Loss
Accounts Information Date 2020-01-312021-01-312022-01-312023-01-31
Balance Sheet
Cash Bank On Hand5 3006 129135 78220 714
Current Assets136 055541 179442 288520 249
Debtors130 755368 34589 27786 082
Net Assets Liabilities14 45422 83970 85954 382
Other Debtors83 636212 03753 02573 173
Total Inventories 166 705217 229413 453
Property Plant Equipment76177 021171 262 
Other
Accumulated Depreciation Impairment Property Plant Equipment1655 56816 0443 676
Average Number Employees During Period44811
Bank Borrowings Overdrafts 43 68934 68424 764
Creditors122 21748 84562 653570 216
Finance Lease Liabilities Present Value Total 12 37518 83013 298
Future Minimum Lease Payments Under Non-cancellable Operating Leases 20 00041 75679 393
Increase From Depreciation Charge For Year Property Plant Equipment1655 40317 83419 920
Net Current Assets Liabilities13 8381 305-23 453-49 967
Number Shares Issued Fully Paid100100100100
Other Creditors48 806229 1449 35583 119
Other Taxation Social Security Payable12 63652 16594 12683 225
Par Value Share1111
Property Plant Equipment Gross Cost92682 589187 306189 718
Provisions For Liabilities Balance Sheet Subtotal1456 64214 29711 343
Total Additions Including From Business Combinations Property Plant Equipment92681 663134 4672 412
Total Assets Less Current Liabilities14 59978 326147 809103 787
Trade Creditors Trade Payables60 775239 878333 780379 378
Trade Debtors Trade Receivables47 119156 30836 25212 909
Disposals Decrease In Depreciation Impairment Property Plant Equipment  7 358 
Disposals Property Plant Equipment  29 750 
Increase Decrease In Property Plant Equipment 29 75058 600 

Company filings

Filing category
Accounts Address Confirmation statement Incorporation Officers Persons with significant control
Total exemption full company accounts data drawn up to January 31, 2023
filed on: 30th, October 2023
Free Download (9 pages)

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