Ideabright Limited in Birmingham, B3 3PU

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www.ideabright.co.uk

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www.poshrosh.com

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www.poshrosh.co.uk

Description

Data updated on: 12-11-2020

This enterprise referred to as Ideabright was started on Thursday 8th December 1988 as a private limited company. This enterprise headquarters was situated in Birmingham on C/o Duff & Phelps Ltd, 35 Newhall Street. This place postal code is B3 3PU. The reg. no. for Ideabright Limited was 02326656. Ideabright Limited had been in business for 32 years up until Friday 25th September 2020.

As suggested by the following enterprise's executives data, there were three directors to name just a few: Sulochana P. and Manilal P..

Executives who had significant control over the firm were: Manilal P. owned 1/2 or less of company shares. Sulochana P. owned 1/2 or less of company shares.

Trademark UK00003036459

Trademark image:	-
Trademark name:	Ideabright
Status:	Application Published
Filing date:	2014-01-02
Owner name:	Ideabright Ltd
Owner address:	The Incredible Store, 772-774 Fulham Road, LONDON, United Kingdom, SW6 5SJ

Trademark UK00002648252

Trademark image:	-
Trademark name:	Clean Up
Status:	Registered
Filing date:	2013-01-09
Date of entry in register:	2013-08-25
Renewal date:	2023-01-09
Owner name:	Ideabright Ltd
Owner address:	772-774 Fulham Road, London, United Kingdom, SW6 5SJ

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
Currency	GBP	GBP	GBP	GBP	GBP
Net Worth	1 670 874	1 850 974	2 278 420	1 711 725

Balance Sheet
Cash Bank On Hand				27 489	8 982
Current Assets	2 630 158	2 766 123	3 465 688	2 082 106	2 323 621
Debtors	1 025 541	872 260	1 620 395	540 699	868 083
Net Assets Liabilities				1 373 255	1 369 927
Property Plant Equipment				3 498 527	3 692 580
Total Inventories				1 513 917	1 446 556
Cash Bank In Hand	71 489	34 419	29 385	27 490
Other Debtors	548 495	589 506	746 039	34 694
Stocks Inventory	1 533 128	1 859 444	1 815 908	1 513 917
Tangible Fixed Assets	2 787 497	2 883 627	3 185 699	3 498 527
Trade Debtors	165 770	75 692	363 874	229 333

Capital & Reserves
Called Up Share Capital	2	2	2	2
Profit Loss Account Reserve	-292 486	-112 386	86 060	-480 635
Shareholder Funds	1 670 874	1 850 974	2 278 420	1 711 725

Other Financial Data
Audit Fees Expenses				7 500	7 500
Accrued Liabilities Deferred Income				96 356	18 000
Accumulated Depreciation Impairment Property Plant Equipment				160 584	220 837
Additions Other Than Through Business Combinations Property Plant Equipment					254 306
Administrative Expenses	1 726 429	1 953 891	2 070 651	2 338 497	1 755 364
Bank Borrowings				617 560	553 455
Bank Borrowings Overdrafts		198 125	70 625	537 970	457 297
Bank Overdrafts	1 380 367	2 009 219	2 060 460	1 694 898	2 123 374
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment				29 771	21 374
Corporation Tax Payable				88 113	88 113
Corporation Tax Recoverable				204 857	73 047
Cost Inventories Recognised As Expense Gross				6 097 132	4 171 790
Cost Sales	5 120 820	4 725 663	7 664 875	6 265 318	4 229 619
Creditors				555 941	463 447
Current Tax For Period				-73 055
Debt Securities Held				264 030	537 517
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				-59 673	8 003
Depreciation Expense Property Plant Equipment				65 816	51 856
Finance Lease Liabilities Present Value Total				17 970	6 150
Finance Lease Payments Owing Minimum Gross				29 770	17 950
Finished Goods Goods For Resale	1 533 128	1 859 444	1 815 908	1 513 917	1 446 556
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities				-419 435	64 105
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				-90	4 343
Gain Loss On Disposals Property Plant Equipment				-784
Gross Profit Loss	2 030 208	2 278 972	2 374 998	1 715 627	1 863 764
Income Taxes Paid Refund Classified As Operating Activities				-44 952	131 810
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				-315 756	526 573
Increase From Depreciation Charge For Year Property Plant Equipment					60 253
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				56 843	76 741
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				1 645	1 734
Interest Income On Bank Deposits					42
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss					42
Interest Payable Similar Charges Finance Costs				95 294	105 501
Interest Received Classified As Investing Activities				-18 741	-1 776
Net Cash Flows From Used In Financing Activities				-449 205	75 925
Net Cash Flows From Used In Investing Activities				370 611	303 800
Net Cash Flows From Used In Operating Activities				-237 162	146 848
Net Cash Generated From Operations				-377 408	173 157
Net Current Assets Liabilities	-555 327	-822 560	-828 084	-1 230 862	-1 504 922
Net Finance Income Costs				18 741	1 776
Net Interest Paid Received Classified As Operating Activities				-95 294	-105 501
Operating Profit Loss	303 779	325 081	304 347	-622 870	108 400
Other Creditors Including Taxation Social Security Balance Sheet Subtotal				297 148
Other Interest Receivable Similar Income Finance Income				18 741	1 776
Payments Finance Lease Liabilities Classified As Financing Activities				29 770	-11 820
Pension Other Post-employment Benefit Costs Other Pension Costs					1 842
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments					51 270
Profit Loss				-566 693	-3 328
Profit Loss On Ordinary Activities Before Tax	254 938	247 077	268 178	-699 423	4 675
Property Plant Equipment Gross Cost				3 659 111	3 913 417
Provisions For Liabilities Balance Sheet Subtotal				357 295	354 284
Purchase Property Plant Equipment				-389 352	-254 306
Social Security Costs	62 651	81 820	85 686	86 944	49 727
Staff Costs Employee Benefits Expense				1 132 594	672 740
Taxation Including Deferred Taxation Balance Sheet Subtotal				357 295	354 284
Tax Increase Decrease From Effect Capital Allowances Depreciation				-17 880	-2 324
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings				1 555
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				657	352
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward				73 421
Tax Increase Decrease From Other Short-term Timing Differences				-59 673	-3 011
Tax Tax Credit On Profit Or Loss On Ordinary Activities				-132 728	8 003
Total Assets Less Current Liabilities	2 254 242	2 061 067	2 357 615	2 267 665	2 187 658
Trade Creditors Trade Payables				948 773	1 265 561
Trade Debtors Trade Receivables				229 336	447 134
Turnover Revenue				7 980 943	6 093 383
Wages Salaries	699 715	990 216	995 420	1 045 650	621 171
Total Fees To Auditors	7 500	7 500	7 500	7 500
Director Remuneration Benefits Including Payments To Third Parties	15 600	15 600	16 920	20 000
Accruals Deferred Income Within One Year	166 292	62 792	15 000	96 356
Cash Flow Outflow Before Management Liquid Resources Financing	1 028 115	280 679	71 225	97 869
Commitments Under Non-cancellable Operating Leases Land Buildings	-300 000	-350 000	-203 750	-200 000
Commitments Under Non-cancellable Operating Leases Other Items		-16 039	-16 503	-15 173
Corporation Tax Due Within One Year	164 680	142 624	118 083	88 113
Corporation Tax Recoverable Current Asset	112 070	116 820	116 820	204 857
Creditors Due After One Year	583 368	198 125	70 625	555 940
Creditors Due Within One Year	3 185 485	3 588 683	4 293 772	3 312 968
Deferred Tax Current Asset				51 103
Depreciation Tangible Fixed Assets Expense	45 222	78 612	39 568	75 740
Difference Between Accumulated Depreciation Amortisation Capital Allowances		11 968	8 570	18 823
Expenses Not Deductible For Tax Purposes		2 173		657
Fixed Assets	2 809 569	2 883 627
Foreign Currency Translation Gain Loss Recognised In Profit Loss	4 793	-44	-77	-90
Gain Loss From Disposal Tangible Fixed Assets			47 854	784
Impairment Loss Not Charged To Profit			229 000
Income From Other Fixed Asset Investments		-21 440
Increase Decrease In Net Cash For Period	136 409	665 922	56 275	315 756
Interest Payable Similar Charges	67 264	75 629	60 302	95 294
Investment Income- Net		-21 440
Investments Fixed Assets	22 072
Land Buildings Operating Leases Expiring After Five Years		-50 000	-50 000	-200 000
Land Buildings Operating Leases Expiring Between Two Five Years	-300 000	-300 000
Land Buildings Operating Leases Expiring Within One Year			-153 750
Loans From Directors				246 046
Net Assets Liability Excluding Pension Asset Liability	1 670 874	1 850 974	2 278 420	1 711 725
Net Debt Funds	1 892 246	2 172 925	2 101 700	2 235 148
Net Increase Decrease In Shareholders Funds	582 240	180 100	427 446	-566 695
Number Shares Allotted		2	2	2
Obligations Under Finance Lease Hire Purchase Contracts After One Year				17 970
Obligations Under Finance Lease Hire Purchase Contracts Within One Year				11 800
Obligations Under Finance Leases Hire Purchase Contracts After Five Years				-232 929
Obligations Under Finance Leases Hire Purchase Contracts Between One To Two Years		-127 500	-70 625	-96 158
Obligations Under Finance Leases Hire Purchase Contracts Between Two To Five Years		-198 125		-288 473
Other Interest Receivable	18 423	19 065	24 133	18 741
Other Interest Receivable Similar Income	18 423	19 065	24 133	18 741
Other Operating Leases Expiring Between Two Five Years		-16 039	-16 503	-15 173
Other Taxation Social Security Within One Year	41 367	183 545	153 242	209 035
Par Value Share		1	1	1
Prepayments Accrued Income Current Asset	199 206	90 242	393 662	20 712
Profit Loss For Period	195 907	180 100	198 446	-566 695
Provisions Charged Credited To Profit Loss Account During Period		11 968	-3 398	-59 673
Provisions For Liabilities Charges		11 968	8 570
Revaluation Reserve	1 963 358	1 963 358	2 192 358	2 192 358
Revaluation Surplus In Period			229 000
Share Capital Allotted Called Up Paid	2	2	2	2
Short-term Borrowing Charges Including Bank Interest	44 779	58 579	39 972	56 843
Staff Costs	762 366	1 072 036	1 063 656	1 132 594
Tangible Fixed Assets Additions		176 640	160 494	389 352
Tangible Fixed Assets Cost Or Valuation	2 975 612	3 143 252	3 274 333	3 659 111
Tangible Fixed Assets Depreciation	188 115	259 625	88 634	160 584
Tangible Fixed Assets Depreciation Charged In Period		78 612	39 568	75 740
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		7 102	210 559	3 790
Tangible Fixed Assets Disposals		9 000	258 413	4 574
Tangible Fixed Assets Increase Decrease From Revaluations			229 000
Taxation Expense Credit		81 815	97 671	44 952
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	-50 988	-49 415	-61 681	146 879
Tax On Profit Or Loss On Ordinary Activities	59 031	66 977	69 732	-132 728
Total Recognised Gain Loss For Period		180 100	427 446	-566 695
Total U K Foreign Current Tax After Adjustments Relief	59 031	55 009	73 130	-73 055
Trade Creditors Within One Year	1 432 779	1 190 503	1 946 987	966 720
Turnover Gross Operating Revenue	7 151 028	7 004 635	10 039 873	7 980 945
U K Current Corporation Tax	-59 031	-55 009	-73 130	73 055
U K Current Corporation Tax On Income For Period	59 031	55 009	73 130	-73 055
Utilisation Tax Losses	-368		-11 006	-165

Company staff

Sulochana P.

Role: Secretary

Latest update: 29 December 2023

Sulochana P.

Role: Director

Appointed: 29 May 1991

Latest update: 29 December 2023

Manilal P.

Role: Director

Appointed: 29 May 1991

Latest update: 29 December 2023

People with significant control

Manilal P.

Notified on 6 April 2016

Nature of control:

1/2 or less of shares

Sulochana P.

Notified on 6 April 2016

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2017
Account last made up date	31 March 2016
Confirmation statement next due date	12 June 2018
Confirmation statement last made up date	29 May 2017

Annual Accounts 29 November 2013
Start Date For Period Covered By Report	2012-04-01
End Date For Period Covered By Report	2013-03-31
Date Approval Accounts	29 November 2013
Annual Accounts 23 December 2014
Start Date For Period Covered By Report	2013-04-01
End Date For Period Covered By Report	2014-03-31
Date Approval Accounts	23 December 2014
Annual Accounts 21 September 2015
Start Date For Period Covered By Report	2014-04-01
End Date For Period Covered By Report	2015-03-31
Date Approval Accounts	21 September 2015
Annual Accounts
Start Date For Period Covered By Report	2015-04-01
End Date For Period Covered By Report	2016-03-31

Year / Transaction date	Council / Department / Transaction ID	No. of trans.	Total trans. value
2013	Solihull Metropolitan Borough Council	1	£ 654.93
2013-08-07	PC32338		£ 654.93	Children & Education Services

Year / Transaction date

Council / Department / Transaction ID

No. of trans.

Total trans. value

2013

Solihull Metropolitan Borough Council

£ 654.93

2013-08-07

PC32338

£ 654.93

Children & Education Services

Ideabright Limited

General information

Name:

Office Address:

Contact information

Websites

www.ideabright.co.uk

www.poshrosh.com

www.poshrosh.co.uk

Description

Trade marks

Trademark UK00003036459

Trademark UK00002648252

Financial data based on annual reports

Company staff

Sulochana P.

Sulochana P.

Manilal P.

Atish P.

People with significant control

Manilal P.

Sulochana P.

Accounts Documents

Company filings

Filing category

Company's financial transactions

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