Ciret Limited in Havant, PO9 5AX

Description

Data updated on: 01-11-2023

Ciret Limited with reg. no. 00674416 has been a part of the business world for sixty four years. This Private Limited Company can be found at Ciret Ltd, Fulflood Road, Havant and its area code is PO9 5AX. Created as Home-key, the company used the business name until 2007, the year it was changed to Ciret Limited. The firm's Standard Industrial Classification Code is 46760 meaning Wholesale of other intermediate products. 2022-12-31 is the last time account status updates were filed.

As for the following limited company, a variety of director's tasks have been executed by Philip P. and Markus W.. Amongst these two managers, Markus W. has managed limited company for the longest period of time, having been a vital addition to directors' team for eleven years.

The companies with significant control over this firm include: Storch-Ciret Holdings Gmbh has substantial control or influence over the company owns over 3/4 of company shares. This business can be reached in Wuppertal at Platz Der Republik, D42107 and was registered as a PSC under the reg no Wuppertal Hrb 2463.

Previous company's names
Ciret Limited 2007-06-07
Home-key Limited 1960-11-07

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
Currency
Net Worth	3 699 482	4 048 506	4 416 372

Balance Sheet
Cash Bank On Hand				476 266	868 200	969 375	922 449	757 168	1 637 037	930 321	730 261	532 229
Current Assets	6 388 739	6 592 806	7 050 022	6 560 209	7 553 277	7 574 949	6 614 638	6 486 529			7 654 015	5 377 966
Debtors	2 730 947	2 753 580	3 024 412	2 436 292	2 753 610	2 624 960	2 468 203	2 328 075	3 197 035	3 211 237	3 168 040	2 246 363
Net Assets Liabilities				4 846 680	5 442 909	5 320 136	2 657 936	2 519 397			2 726 476	2 860 327
Other Debtors	80 885										29 627	3 651
Property Plant Equipment				168 159	179 263	294 797	193 701	261 041	226 688	249 698	192 751	180 996
Total Inventories				3 647 651	3 931 469	3 980 614	3 223 986	3 401 286	2 726 626	5 103 592
Cash Bank In Hand	305 875	798 767	84 002
Intangible Fixed Assets	16 748	13 499	10 250
Net Assets Liabilities Including Pension Asset Liability	3 699 482	4 048 506	4 416 372
Stocks Inventory	3 351 917	3 040 459	3 941 608
Tangible Fixed Assets	123 218	139 147	173 030
Trade Debtors	2 273 492	2 245 356	2 437 028

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000
Profit Loss Account Reserve	3 698 482	4 047 511	4 415 372
Shareholder Funds	3 699 482	4 048 506	4 416 372

Other Financial Data
Audit Fees Expenses	12 500	13 000	13 000	13 000	14 500	13 000	15 000	15 950			10 450	10 525
Accrued Liabilities Deferred Income									1 314 017	1 372 668	120 000	175 000
Accumulated Amortisation Impairment Intangible Assets				12 997	16 247	16 997	17 747	18 497	6 750		19 997
Accumulated Depreciation Impairment Property Plant Equipment				416 588	374 747	515 764	586 304	666 938			924 726	1 006 500
Accumulated Depreciation Not Including Impairment Property Plant Equipment									229 836
Additions Other Than Through Business Combinations Property Plant Equipment					82 116	272 296	16 384	174 821				70 019
Administration Support Average Number Employees	18	18		18	18
Administrative Expenses	2 841 048			2 999 596	3 016 457	3 818 802	3 457 367	3 432 826	3 446 078	3 546 297	3 693 486	3 922 213
Amortisation Expense Intangible Assets				3 249	3 249	750	750	750
Amortisation Impairment Expense Intangible Assets										750
Amounts Owed By Related Parties				393 882	195 634		17 848
Amounts Owed To Group Undertakings									223 845	353 635	144 578	133 054
Amounts Owed To Related Parties				250 000	250 000	630 044	615 283	58 279
Applicable Tax Rate				20	20	19	19	19
Average Number Employees During Period	59	54		49	51				39	40	39	35
Balances Amounts Owed By Related Parties				27 288	29 923
Balances Amounts Owed To Related Parties				90 444	190 025							15 750
Balances With Banks				474 896	867 352	968 423	921 360	756 410
Bank Borrowings Overdrafts	47 787	5 637	33 260						5 740	5 011
Called Up Share Capital Not Paid Not Expressed As Current Asset									1 000	1 000
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment											7 716	30 607
Cash Cash Equivalents				476 266	868 200	969 375	922 449	757 168
Cash Cash Equivalents Cash Flow Value				50 742	476 266	868 200	969 375	922 449		930 321	730 261	532 229
Cash On Hand				869	347	451	588	256
Corporation Tax Payable									133 291	43 227
Corporation Tax Recoverable											120 557
Cost Sales	8 829 058			9 037 199	10 009 883	10 658 938	9 889 145	9 506 591	9 952 779	11 067 112	11 159 659	8 967 071
Creditors				750 000	163 710	9 928	5 953	1 776	2 592 956	3 120 706	2 628 789	202 608
Current Tax For Period				111 369	147 318	35 929	36 070
Decrease In Loans Owed By Related Parties Due To Loans Repaid				-83 927	-16 258	-49 185
Decrease In Loans Owed To Related Parties Due To Loans Repaid				-650 000	-600 000	-500 000
Deferred Tax Asset Debtors												58 417
Deferred Tax Assets				951	3 941	21 072	-18 976
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				952	3 940	21 072	-17 511	16 349			-7 564	-56 737
Deferred Tax Liabilities								-16 349
Depreciation Amortisation Expense				55 481	74 262	157 512	71 291	84 234
Depreciation Expense Property Plant Equipment				52 232	71 013	156 762	70 541	83 484
Depreciation Impairment Expense Property Plant Equipment											109 083	81 774
Disposals Decrease In Depreciation Impairment Property Plant Equipment					-112 853	-15 745		-2 850
Disposals Property Plant Equipment					-112 853	-15 745	-46 940	-26 847
Dividends Paid Classified As Financing Activities							-2 750 000
Finance Lease Liabilities Present Value Total					3 792	3 783	3 975	3 831			8 789	27 608
Finance Lease Payments Owing Minimum Gross					16 748	13 711	9 928	7 764			14 021	39 881
Financial Liabilities				750 000	150 000	150 000
Finished Goods Goods For Resale	3 351 917	3 040 459	3 941 608	3 647 651	3 931 469	3 980 614	3 223 986	3 401 286			3 755 714	2 599 374
Fixed Assets	140 066	152 746	183 380	175 259	183 113	297 797	195 951	262 541
Further Item Tax Increase Decrease Component Adjusting Items											1 367	1 680
Future Minimum Lease Payments Under Non-cancellable Operating Leases				6 231 258	6 159 397	3 381 520	2 611 147	1 896 571			2 197 572	4 388 422
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss											57 945	-118 781
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				179 847	-973 373	-485 786	402 989	403 469			509 147	464 903
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-588 119	317 316	38 556	-128 326	-140 128			-163 754	-859 537
Gain Loss In Cash Flows From Change In Inventories				-293 957	283 818	49 145	-756 628	177 300			-1 347 878	-1 156 340
Gain Loss On Disposals Property Plant Equipment								-4 570
Gain Loss On Financial Assets Liabilities Fair Value Through Profit Or Loss						100
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss					109 979	-59 722	-74 047	-137 444
Gross Profit Loss	3 581 030			3 594 054	3 690 794	3 773 786	3 590 566	3 344 251	4 108 119	3 872 186
Impairment Loss Other Non-financial Assets											-108 044	368 223
Income From Related Parties				27 288	29 923	12 611
Income Taxes Paid Refund Classified As Operating Activities				177 458	137 247	112 857	-16 687	46 113			-43 227	43 534
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				425 524	391 934	101 175	-46 926	-165 281			200 060	198 032
Increase Decrease In Current Tax From Adjustment For Prior Periods								-35 771			-120 557	101 776
Increase Decrease In Existing Provisions					3 941	21 072	-17 510	16 348
Increase Decrease In Loans Owed By Related Parties Due To Other Changes						-366 301
Increase From Amortisation Charge For Year Intangible Assets					3 250	750	750	750
Increase From Depreciation Charge For Year Property Plant Equipment					71 012	156 762	70 540	83 484		51 508		81 774
Increase In Loans Owed To Related Parties Due To Loans Advanced						800 000	2 000 000
Intangible Assets				7 000	3 750	3 000	2 250	1 500	750
Intangible Assets Gross Cost				19 997	19 997	19 997	19 997	19 997			19 997
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings							1 903
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss				51 529	35 967	21 190	26 000	70 200
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				35	963	879	696	504
Interest Income On Bank Deposits											53	4 794
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss											53	4 794
Interest Paid Classified As Financing Activities				-51 891	-36 931	-22 070	-28 599	-70 705
Interest Paid Classified As Operating Activities				51 890	36 930	22 069	28 599	70 704			-95 396	-67 334
Interest Paid To Group Undertakings											94 250	80 325
Interest Payable Similar Charges Finance Costs				51 890	-73 048	22 069	28 599	70 704	69 458	65 098	95 396	83 042
Interest Received Classified As Investing Activities				67	102	1 314	1 758	1 318			-53	-6 194
Interest Received Classified As Operating Activities				67	102	1 314	1 758	1 318
Investments Fixed Assets	100	100	100	100	100
Investments In Subsidiaries				100	100	100	100
Key Management Personnel Compensation Total									347 208	408 207	346 633	305 346
Loans From Group Undertakings											2 500 000	500 000
Loans Owed By Related Parties			515 671	431 744	415 486
Loans Owed To Related Parties			1 650 000	1 000 000	400 000	700 000	2 700 000
Loss Gain From Write-downs Reversals Inventories											108 044	-368 223
Loss On Financing Activities Due To Foreign Exchange Differences				326	-109 978
Minimum Operating Lease Payments Recognised As Expense				579 140	532 843	535 215	548 760	521 767
Net Cash Flows From Used In Financing Activities				-701 891	-638 579	-25 669	-782 382	475 320
Net Cash Flows From Used In Investing Activities				-47 295	-63 054	-270 982	32 314	-154 076
Net Cash Flows From Used In Operating Activities				1 174 710	1 093 567	397 824	703 142	-486 525
Net Cash Generated From Operations				1 352 168	1 120 836	510 683	686 455	-440 412			-495 557	-1 863 733
Net Cash Inflow Outflow From Operations Before Movements In Working Capital				649 939	748 599	112 596	204 490	229
Net Current Assets Liabilities	4 980 264	5 317 201	5 652 381	5 441 761	5 447 787	5 227 620	4 645 781	5 002 823	4 967 742	6 124 444	5 205 462	2 926 567
Net Finance Income Costs											53	6 194
Nominal Value Allotted Share Capital										1
Number Shares Allotted	1 000	1 000	1 000							1 000
Number Shares Issued Fully Paid				1 000	1 000	1 000	1 000	1 000
Operating Profit Loss	739 982			594 458	784 315	-45 016	133 199	-88 575	767 698	338 998
Other Creditors											98 005	42 529
Other Creditors Including Taxation Social Security Balance Sheet Subtotal										97 723
Other Debtors Balance Sheet Subtotal										11 752
Other Employee Expense				116 188	179 490	8 573	9 782	9 396	13 029	11 253
Other Interest Income												1 400
Other Interest Receivable Similar Income Finance Income				67	102	1 314	1 758	1 318	901	10	53	6 194
Other Operating Income Format1						246 161			105 657	13 109
Other Payables Accrued Expenses				373 734	750 712	1 034 414	727 743	1 010 722
Other Remaining Borrowings											2 500 000	500 000
Other Remaining Operating Income						246 161
Other Revenue						246 161	266 576	267 119
Other Short-term Employee Benefits				7 204	7 791	8 573
Other Taxation Social Security Payable											317 090	213 212
Ownership Interest In Subsidiary Percent					100	100
Par Value Share		1	1		1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities					-1 650	-3 599	-3 783	-3 975			-5 011	-10 766
Payments To Related Parties				169 180	167 969	286 491	266 141	306 916			173 623	92 115
Pension Costs Defined Contribution Plan				39 589	80 175	34 571	35 695	33 675	30 688	32 254
Pension Other Post-employment Benefit Costs Other Pension Costs											32 910	29 442
Prepayments				190 224	279 453	100 760	280 082	450 751
Prepayments Accrued Income									230 748	684 341	246 265	292 508
Proceeds From Sales Property Plant Equipment							46 940	19 427			-100
Profit Loss				430 314	596 229	-122 773	87 799	-138 539	594 796	195 416	-583 133	133 851
Profit Loss On Ordinary Activities After Tax									594 796	195 416
Profit Loss On Ordinary Activities Before Tax	-308 040	461 548		542 635	747 487	-65 771	106 358	-157 961	699 141	273 910	-711 254	154 137
Property Plant Equipment Gross Cost				584 747	554 010	810 561	780 005	927 979			1 117 477	1 187 496
Provisions				20 340	24 281	45 353	27 843	44 191
Provisions For Liabilities Balance Sheet Subtotal				20 340	24 281	45 353	27 843	44 191
Purchase Property Plant Equipment				-47 362	-63 156	-272 296	-16 384	-174 821			-52 136	-33 393
Repayments Borrowings Classified As Financing Activities											-500 000	-2 000 000
Revenue From Commissions				6 143	3 175	2 992	2 409	2 301
Revenue From Sale Goods				12 625 110	13 697 502	14 183 571	13 210 726	12 581 422
Sales Marketing Distribution Average Number Employees	41	36		31	33	32	46	41
Short-term Deposits Classified As Cash Equivalents				501	501	501	501	502
Social Security Costs	99 995	109 867		108 892	112 193	118 808	110 386	107 385	123 186	128 407
Staff Costs Employee Benefits Expense				1 552 790	1 625 665	1 376 167	1 324 127	1 250 972			1 251 848	1 289 802
Taxation Including Deferred Taxation Balance Sheet Subtotal									15 245	50 512	42 948	44 628
Taxation Social Security Payable				101 833	289 170	130 807	228 498	109 142	336 379	414 347
Tax Decrease From Utilisation Tax Losses												43 360
Tax Expense Credit Applicable Tax Rate				109 884	149 497	-12 496	20 208	-30 013			-135 138	38 534
Tax Increase Decrease From Effect Capital Allowances Depreciation				999	1 159	-1 573	-1 943	11 051			-8 024	2 694
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings											10 308	-24 752
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				1 438	602	70 611	3 962	-460			3 366	2 131
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward												-58 417
Tax Increase Decrease From Other Tax Effects Tax Reconciliation						459	-3 668
Tax Tax Credit On Profit Or Loss On Ordinary Activities				112 321	151 258	57 002	18 559	-19 422	104 345	78 494	-128 121	20 286
Total Additions Including From Business Combinations Property Plant Equipment										109 326
Total Assets Less Current Liabilities	5 120 330	5 469 943	5 835 761	5 617 020	5 630 900	5 525 418	4 841 732	5 265 364	5 195 180	6 374 142	5 398 213	3 107 563
Total Borrowings					13 710	9 928	5 953	1 776			2 500 000	500 000
Total Operating Lease Payments				42 781	33 439	30 834	35 653	33 921
Trade Creditors Trade Payables				354 454	763 512	542 524	362 034	351 300	571 248	819 133	844 427	479 761
Trade Debtors Trade Receivables				1 852 186	2 278 523	2 495 770	2 170 273	1 877 324	2 966 287	2 515 144	2 771 591	1 891 787
Turnover Revenue				12 631 253	13 700 677	14 186 563	13 479 711	12 850 842	14 060 898	14 939 298
Unpaid Contributions To Pension Schemes						5 755	6 997	7 643
Wages Salaries	1 224 643	1 182 922		1 280 917	1 246 016	1 214 215	1 168 264	1 100 516	1 212 879	1 245 560	1 094 388	1 148 775
Company Contributions To Money Purchase Plans Directors				3 251	48 212	6 000	6 000	6 105	4 066	5 595
Director Remuneration	129 398	119 783	143 232	147 794	115 331	106 000	117 895	134 047			168 200	128 762
Director Remuneration Benefits Including Payments To Third Parties									135 176	236 233	171 997	132 190
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1	1	1	1	1	1	1	2	2
Company Contributions To Money Purchase Schemes Directors	6 675	8 493	3 033
Accruals Deferred Income Within One Year	366 055	305 880	360 965
Amortisation Intangible Assets Expense	3 249	3 249
Amount Due From To Related Party		172 299	-1 677 414
Amounts Owed By Subsidiaries		113 828	424 568
Amounts Owed To Subsidiaries After One Year	1 400 000	1 400 000	1 400 000
Amounts Owed To Subsidiaries Within One Year	316 193	250 000	250 000
Bank Overdrafts	47 787	5 637	33 260
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	5 252	-5 318
Capital Element Finance Lease Rental Payments	20 535
Cash Flow Outflow Arising From Restructuring	-999 492
Cash Flow Outflow Before Management Liquid Resources Financing	-437 728
Cash Flow Outflow From Capital Expenditure Financial Investment	-55 975
Cash Flow Outflow From Operating Activities	-294 100
Cash Flow Outflow From Returns On Investments Servicing Finance	-48 530
Commitments Under Non-cancellable Operating Leases Land Buildings	388 875	468 937	920 000
Commitments Under Non-cancellable Operating Leases Other Items	71 348	74 567	70 628
Corporation Tax Due Within One Year		9 601	104 516
Costs Gains From Fundamental Restructuring Or Reorganisation	999 492
Creditors Due After One Year	1 408 333	1 400 000	1 400 000
Creditors Due Within One Year	1 408 475	1 275 605	1 397 641
Decrease Increase In Debtors	-1 307 035
Decrease Increase In Net Debt During Period	-487 728
Decrease Increase In Net Debt Resulting From Cash Flows	-437 728
Decrease Increase In Stocks	-1 207 618
Depreciation Tangible Fixed Assets Expense	60 016	64 696	55 799
Difference Between Accumulated Depreciation Amortisation Capital Allowances	12 515	21 437	19 389
Expenses Not Deductible For Tax Purposes	13 330	1 609
Fixed Asset Investments Cost Or Valuation	100	100	100
Foreign Exchange Gain Loss Recognised In Profit Loss	-4 652	-677
Hire Property Other Lease Expenditure	748 412	759 940
Increase Decrease In Creditors	2 416 798
Increase Decrease In Net Cash For Period	-458 263
Increase Decrease In U K Corporation Tax Arising From Adjustment For Prior Periods	-63 047
Increase Decrease In U K Tax From Origination Reversal Timing Differences	-385	8 922
Intangible Fixed Assets Aggregate Amortisation Impairment	3 249	6 498	9 747
Intangible Fixed Assets Amortisation Charged In Period		750	750
Intangible Fixed Assets Cost Or Valuation	19 997	19 997	19 997
Interest Element Finance Lease Rental Payments	714
Interest Paid	49 597
Interest Payable Similar Charges	50 311	66 035
Interest Receivable On Bank Deposits	1 781	10
Interest Received	1 781
Land Buildings Operating Leases Expiring Between Two Five Years	388 875	274 500	460 000
Land Buildings Operating Leases Expiring Within One Year		194 437	460 000
Leased Assets Included In Tangible Fixed Assets	47 534	32 640
Leases Hire Purchase Contracts Finance Charges	714	1 685
Loans Other Than Banks Loans Overdrafts Finance Charges	49 597	64 350
Net Cash Payments To Acquire Subsidiaries	100
Net Debt Funds	-223 278	-784 797	-50 742
Net Increase Decrease In Shareholders Funds	-244 608	349 026
New Finance Leases	50 000
Obligations Under Finance Lease Hire Purchase Contracts	34 810	8 333
Obligations Under Finance Lease Hire Purchase Contracts After One Year	8 333
Obligations Under Finance Lease Hire Purchase Contracts Within One Year	26 477	8 333
Obligations Under Finance Leases Hire Purchase Contracts Between One To Two Years	8 333
Other Interest Receivable		449
Other Interest Receivable Similar Income	1 781	459
Other Operating Leases Expiring Between Two Five Years	65 433	71 109	58 058
Other Operating Leases Expiring Within One Year	5 915	3 458	12 570
Other Taxation Social Security Within One Year		122 171	65 771
Pension Costs	9 479	29 017
Pension Costs Defined Contribution Scheme	9 479	29 017
Percentage Subsidiary Held		100	100
Prepayments Accrued Income Current Asset	376 570	394 396	162 816
Profit Loss For Period	-244 608	349 026
Provisions Charged Credited To Profit Loss Account During Period		8 922	-2 048
Provisions For Liabilities Charges	12 515	21 437	19 389
Purchase Intangible Fixed Assets	19 997
Purchase Tangible Fixed Assets	35 978
Staff Costs	1 334 117	1 321 806
Standard Nominal Tax Rate	27	23
Tangible Fixed Assets Additions		5 731	48 497
Tangible Fixed Assets Cost Or Valuation	381 043	456 668	546 350
Tangible Fixed Assets Depreciation	257 825	317 521	373 320
Tangible Fixed Assets Depreciation Charged In Period		317	633
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		5 000
Tangible Fixed Assets Disposals		10 000
Taxation Expense Credit	39 023
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	-81 631	107 310
Tax On Profit Or Loss On Ordinary Activities	-63 432	112 522
Total Depreciation Amortisation Impairment Charges	63 265
Total U K Foreign Current Tax After Adjustments Relief	-63 049	103 601
Trade Creditors Within One Year	651 963	573 984	583 129
Turnover Gross Operating Revenue	12 410 088
U K Current Corporation Tax	-63 047
U K Current Corporation Tax On Income For Period		103 600
Value Shares Allotted	1 000	1 000	1 000