Arkay Cost Reduction Limited in Sawbridgeworth, CM21 9AE

Description

Data updated on: 01-11-2023

Arkay Cost Reduction Limited has been prospering on the local market for twenty seven years. Registered with number 03430044 in 1997, the firm is based at The Coach House, Sawbridgeworth CM21 9AE. This firm's classified under the NACE and SIC code 70229 - Management consultancy activities other than financial management. Friday 30th September 2022 is the last time when the company accounts were reported.

According to the latest data, there’s only a single managing director in the company: Richie K. (since 2006-04-24). Since November 1998 David K., had been fulfilling assigned duties for the following business till the resignation 18 years ago. Additionally a different director, including Richie K. gave up the position in November 1998. In order to provide support to the directors, this particular business has been utilizing the expertise of Shirley K. as a secretary since the appointment on 1998-11-09.

Richie K. is the individual with significant control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	324	-4 393	36	12	-401	131

Balance Sheet
Cash Bank In Hand	367	4 432	12 781	23 032
Cash Bank On Hand							110	10	42	42	2 448	85	70
Current Assets	38 585	23 121	34 899	49 880	63 844	42 388	34 293	34 896	31 566	21 659	22 739	26 256	18 705
Debtors	33 582	14 888	18 676	21 272	55 194	38 166	29 885	29 222	26 037	6 121	4 618	453	1 591
Net Assets Liabilities						131	291	221	448	175	2 113	925	6 570
Net Assets Liabilities Including Pension Asset Liability		-4 393	36	12	-401	131
Other Debtors						14 479	6 361	6 289	23 825	6 121	4 618	453	1 591
Property Plant Equipment						113	85	64	193	144	950	712
Stocks Inventory	4 636	3 801	3 442	5 576	8 650	4 222
Tangible Fixed Assets	277	357	268	201	151	113
Total Inventories						4 222	4 298	5 664	5 487	15 496	15 673	25 718	17 044

Capital & Reserves
Called Up Share Capital	1	1	1	1	1	1
Profit Loss Account Reserve	323	-4 394	35	11	-402	130
Shareholder Funds	324	-4 393	36	12	-401	131

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment						2 078	2 106	2 127	2 191	2 240	2 556	2 794	2 972
Average Number Employees During Period							1	1	1
Bank Borrowings Overdrafts						17 809	21 906	19 535	20 420	12 000	8 800	6 400	1 011
Creditors						2 500	2 500	1 333	31 311	12 000	8 800	6 400	6 269
Creditors Due After One Year			2 833	5 917	3 750	2 500
Creditors Due Within One Year	41 539	30 872	32 298	44 152	60 646	39 870
Fixed Assets	3 278	3 358	268
Increase From Depreciation Charge For Year Property Plant Equipment							28	21	64	49	316	238	178
Investments Fixed Assets	3 001	3 001
Net Current Assets Liabilities	-2 954	-7 751	2 601	5 728	3 198	2 518	2 706	1 490	255	12 031	9 963	6 613	12 436
Number Shares Allotted		1	1	1	1	1
Other Creditors						2 500	2 500	1 333	2 833	1 500	1 105	1 429	1 781
Other Taxation Social Security Payable						5 720	5 196	4 348	4 304	2 176	9 271	4 817	3 477
Par Value Share		1	1	1	1	1
Property Plant Equipment Gross Cost						2 191	2 191	2 191	2 384	2 384	3 506	3 506
Share Capital Allotted Called Up Paid	1	1	1	1	1	1
Tangible Fixed Assets Additions		199
Tangible Fixed Assets Cost Or Valuation	2 157	2 191	2 191	2 191	2 191
Tangible Fixed Assets Depreciation	1 880	1 834	1 923	1 990	2 040	2 078
Tangible Fixed Assets Depreciation Charged In Period		119	89	67	50	38
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		165
Tangible Fixed Assets Disposals		165
Total Additions Including From Business Combinations Property Plant Equipment									193		1 122
Total Assets Less Current Liabilities	324	-4 393	2 869	5 929	3 349	2 631	2 791	1 554	448	12 175	10 913	7 325	12 970
Trade Creditors Trade Payables						3 359	2 553	3 591	3 754
Trade Debtors Trade Receivables						23 687	23 524	22 933	2 212