Regency Factors Limited in Bury, BL9 0JW

Description

Data updated on: 01-11-2023

Regency Factors Limited with reg. no. 04042307 has been in this business field for twenty four years. This particular Private Limited Company can be found at 4 Regency Chambers, Jubilee Way, Bury and its post code is BL9 0JW. It is recognized as Regency Factors Limited. It should be noted that it also was registered as Easy Invoice Finance up till it got changed 3 years from now. This firm's SIC and NACE codes are 82990, that means Other business support service activities not elsewhere classified. Regency Factors Ltd reported its latest accounts for the financial year up to 2022-12-31. The firm's most recent confirmation statement was submitted on 2023-07-30.

The information related to this particular firm's MDs indicates the existence of five directors: Jonathan C., Nial F., Jason T. and 2 other members of the Management Board who might be found within the Company Staff section of our website who became the part of the company on Tuesday 9th March 2021, Monday 25th July 2011.

Previous company's names
Regency Factors Limited 2021-03-22
Easy Invoice Finance Limited 2000-07-27

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-07-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	2 265 542	2 925 747	2 153 646
Current Assets	4 498 362	5 386 485	9 956 335
Debtors	2 232 820	2 460 738	7 802 689
Net Assets Liabilities	3 231 330	3 388 905	3 966 870
Other Debtors	24 532	271 001	381 364
Property Plant Equipment	60 197	57 247	70 509

Other Financial Data
Audit Fees Expenses	5 250	5 000
Taxation Compliance Services Fees	5 375	1 000
Accrued Liabilities Deferred Income	55 657	195 433
Accumulated Depreciation Impairment Property Plant Equipment	8 707	15 200	34 933
Additions Other Than Through Business Combinations Property Plant Equipment		3 543
Administrative Expenses	1 973 928	913 386
Amounts Owed By Group Undertakings	1 863 537	2 148 941
Amounts Owed By Related Parties		2 148 941	7 395 227
Amounts Owed To Group Undertakings		536 747	4 685 360
Average Number Employees During Period	10	33	33
Cash Cash Equivalents Cash Flow Value	2 265 542	2 925 747
Corporation Tax Payable	164 089	281 233	351 603
Cost Sales	86 532 079
Creditors	713 895	713 895	713 895
Current Tax For Period	164 089	90 749
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	896	-896
Depreciation Expense Property Plant Equipment	6 716	6 493
Depreciation Impairment Expense Property Plant Equipment	6 716	6 493
Dividends Paid	1 355 000
Dividends Paid Classified As Financing Activities	-1 355 000
Dividends Paid On Shares Interim	1 355 000
Future Minimum Lease Payments Under Non-cancellable Operating Leases	110 000
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	2 036	1 675
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	8 818 397	-611 350
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-18 651 411	227 918
Gross Profit Loss	4 143 102	1 211 369
Income Taxes Paid Refund Classified As Operating Activities	-72 702
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-10 985 592	-660 205
Increase Decrease In Current Tax From Adjustment For Prior Periods		26 395
Increase From Depreciation Charge For Year Property Plant Equipment		6 493	19 733
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	220 027	220
Interest Payable Similar Charges Finance Costs	242 715	24 160
Net Cash Flows From Used In Financing Activities	641 105
Net Cash Flows From Used In Investing Activities	66 790	3 543
Net Cash Flows From Used In Operating Activities	-11 693 487	-663 748
Net Current Assets Liabilities	3 885 924	4 045 553	4 610 256
Net Interest Paid Received Classified As Operating Activities	-242 715	-24 160
Operating Profit Loss	2 169 174	297 983
Other Creditors	178 588	713 895	713 895
Other Interest Expense	22 688	23 940
Other Remaining Borrowings	713 895	713 895
Other Taxation Social Security Payable	94 866	83 355	98 220
Pension Other Post-employment Benefit Costs Other Pension Costs	20 794	22 333
Prepayments Accrued Income	319 286	270 094
Profit Loss	1 761 474	157 575
Profit Loss On Ordinary Activities Before Tax	1 926 459	273 823
Property Plant Equipment Gross Cost	68 904	72 447	105 442
Provisions For Liabilities Balance Sheet Subtotal	896
Purchase Property Plant Equipment	-66 790	-3 543
Social Security Costs	44 314	53 571
Staff Costs Employee Benefits Expense	518 458	580 291
Tax Expense Credit Applicable Tax Rate	366 027	52 026
Tax Increase Decrease Arising From Group Relief Tax Reconciliation	-202 247	37 827
Tax Increase Decrease From Effect Capital Allowances Depreciation	-264
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings	239
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	1 230
Tax Tax Credit On Profit Or Loss On Ordinary Activities	164 985	116 248
Total Additions Including From Business Combinations Property Plant Equipment			32 995
Total Assets Less Current Liabilities	3 946 121	4 102 800	4 680 765
Total Borrowings	713 895	713 895
Total Current Tax Expense Credit	164 089	117 144
Trade Creditors Trade Payables	119 238	79 530	71 655
Trade Debtors Trade Receivables	25 465	40 796	26 098
Turnover Revenue	90 675 181	1 211 369
Wages Salaries	453 350	504 387
Company Contributions To Defined Benefit Plans Directors	12 397	13 050
Director Remuneration	60 967	68 178
Director Remuneration Benefits Including Payments To Third Parties	73 364	81 228

Resigned: 11 November 2011

Latest update: 6 January 2024

First Secretaries Limited

Role: Corporate Nominee Secretary

Appointed: 27 July 2000

Resigned: 27 July 2000

Address: London, W1S 1RR

Latest update: 6 January 2024

Maurice C.

Role: Director

Appointed: 27 July 2000

Resigned: 09 March 2021

Latest update: 6 January 2024

Maurice C.

Role: Secretary

Appointed: 27 July 2000

Resigned: 16 May 2011

Latest update: 6 January 2024

Hilary C.

Role: Director

Appointed: 27 July 2000

Resigned: 27 December 2020

Latest update: 6 January 2024

First Directors Limited

Role: Corporate Nominee Director

Appointed: 27 July 2000

Resigned: 27 July 2000

Address: London, W1S 1RR

Latest update: 6 January 2024

People with significant control

Petra Group Holdings Ltd

Address: Ugland House George Town, Grand Cayman Ky1-1104, Cayman Islands

Legal authority Companies Law Cap.22

Legal form Limited Company

Country registered Cayman Islands

Place registered Cayman Islands Companies Registry

Registration number Mc-281510

Notified on 9 March 2021

Ceased on 9 March 2021

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Regency Factors Plc

Address: 2-3 Regency Chambers Jubilee Way, Bury, Lancashire, BL9 0JW, England

Legal authority Companies Act 2006

Legal form Public Limited Company

Notified on 6 April 2016

Ceased on 9 March 2021

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

substantial control or influence

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	13 August 2024
Confirmation statement last made up date	30 July 2023

Annual Accounts
Start Date For Period Covered By Report	2021-08-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Regency Factors Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Jonathan C.

Nial F.

Jason T.

Russell S.

John F.

Jonathan C.

Robert M.

First Secretaries Limited

Maurice C.

Maurice C.

Hilary C.

First Directors Limited

People with significant control

Petra Group Holdings Ltd

Regency Factors Plc

Accounts Documents

Company filings

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