Faretext Limited in Hull, HU11 4AP

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www.faretext.co.uk

Description

Data updated on: 01-11-2023

This business is widely known under the name of Faretext Limited. The company was originally established eleven years ago and was registered with 08379209 as the registration number. This headquarters of the firm is located in Hull. You may find it at 9 Main Road, Bilton. The enterprise's declared SIC number is 61900 and has the NACE code: Other telecommunications activities. Faretext Ltd filed its latest accounts for the period up to 2022-03-31. The company's most recent confirmation statement was filed on 2023-01-29.

Current directors chosen by this specific company are as follow: Brian M. chosen to lead the company in 2014 and Colin M. chosen to lead the company on Tuesday 29th January 2013. Additionally, the director's efforts are assisted with by a secretary - Colin M., who was appointed by this company on Tuesday 29th January 2013.

Executives who have control over the firm are as follows: Colin M. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Brian M. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	2 253	7 142	6 361

Balance Sheet
Cash Bank On Hand			16 281	15 932	8 594	21 567	26 040	52 143	36 336	24 601
Current Assets	15 603	13 780	16 575	18 488	13 561	31 575	36 518	61 295	52 057	55 785
Debtors	294	294	294	2 556	4 967	10 008	10 478	9 152	15 721	31 184
Net Assets Liabilities			6 362	4 158	15 069	28 880	18 724	2 224	745	90
Other Debtors	294	294	294	548	548				2 201	17 761
Property Plant Equipment			20 817	28 055	52 114	59 462	59 947	56 239	46 649
Cash Bank In Hand	15 309
Net Assets Liabilities Including Pension Asset Liability	2 253
Tangible Fixed Assets	3 166	15 511	20 817

Capital & Reserves
Called Up Share Capital	10	10	10
Profit Loss Account Reserve	2 243	7 132	6 351
Shareholder Funds	2 253	7 142	6 361

Other Financial Data
Total Fixed Assets Additions	3 725
Total Fixed Assets Cost Or Valuation	3 725
Total Fixed Assets Depreciation	559
Total Fixed Assets Depreciation Charge In Period	559
Amount Specific Advance Or Credit Directors										7 445
Amount Specific Advance Or Credit Made In Period Directors										7 445
Accumulated Depreciation Impairment Property Plant Equipment			6 969	10 862	18 915	28 562	39 450	50 808	64 543	45 057
Average Number Employees During Period				4	4	4	4	4	4	3
Bank Borrowings Overdrafts								41 667	39 827	2 257
Creditors			1 425	36 774	40 705	50 860	66 352	41 667	39 827	48 922
Disposals Decrease In Depreciation Impairment Property Plant Equipment							798	2 194	1 306	1 112
Disposals Property Plant Equipment							1 675	5 186	2 825	1 986
Future Minimum Lease Payments Under Non-cancellable Operating Leases				14 803	11 379	4 800	7 200	7 200	7 200	7 200
Increase From Depreciation Charge For Year Property Plant Equipment				3 893	8 053	9 647	11 686	13 552	15 041	15 197
Net Current Assets Liabilities	-411	-7 466	-13 030	-18 286	-27 144	-19 285	-29 834	-1 663	2 786	6 863
Number Shares Issued Fully Paid					10
Other Creditors			1 425	6 384	11 145	11 291	20 417	26 781	16 157	10 953
Other Taxation Social Security Payable			17 182	17 767	21 164	25 842	24 732	24 384	19 592	25 062
Par Value Share		1	1		1
Property Plant Equipment Gross Cost			27 786	38 917	71 029	88 024	99 397	107 047	111 192	54 893
Provisions For Liabilities Balance Sheet Subtotal				5 611	9 901	11 297	11 389	10 685	8 863	7 353
Total Additions Including From Business Combinations Property Plant Equipment				11 131	32 112	16 995	13 048	12 836	6 970	8 122
Total Assets Less Current Liabilities	2 755	8 045	7 787	9 769	24 970	40 177	30 113	54 576	49 435	45 563
Trade Creditors Trade Payables				12 623	8 396	13 727	21 203	3 460	7 967	10 650
Trade Debtors Trade Receivables				2 008	4 419	10 008	10 478	9 152	13 520	13 423
Creditors Due After One Year Total Noncurrent Liabilities	502
Creditors Due Within One Year Total Current Liabilities	16 014
Fixed Assets	3 166	15 511
Tangible Fixed Assets Additions	3 725	15 082	8 979
Tangible Fixed Assets Cost Or Valuation	3 725	18 807	27 786
Tangible Fixed Assets Depreciation	559	3 296	6 969
Tangible Fixed Assets Depreciation Charge For Period	559
Director Remuneration Benefits Excluding Payments To Third Parties	19 363	20 000	21 200
Administrative Expenses	22 423	34 731	42 408
Cash Bank	15 309	13 486	16 281
Corporation Tax Due Within One Year	8 120	8 602	12 578
Cost Sales	67 924	73 463	99 505
Creditors Due After One Year	502	903	1 426
Creditors Due Within One Year	16 014	21 246	29 605
Depreciation Tangible Fixed Assets Expense	559	2 737	3 673
Distribution Costs	31 843	23 000	27 872
Gross Profit Loss	98 025	113 029	138 474
Net Assets Liability Excluding Pension Asset Liability	2 253	7 142	6 361
Number Shares Allotted	10	10	10
Operating Profit Loss	43 759	55 298	68 194
Other Creditors After One Year	502	903	1 426
Other Creditors Due Within One Year	3 802	11 571	12 423
Other Interest Receivable Similar Income		50
Other Taxation Social Security Within One Year		1 073	4 604
Profit Loss For Period	35 640	46 747	55 616
Profit Loss On Ordinary Activities Before Tax	43 759	55 348	68 194
Share Capital Allotted Called Up Paid	-10	-10	-10
Tangible Fixed Assets Depreciation Charged In Period		2 737	3 673
Tax On Profit Or Loss On Ordinary Activities	8 119	8 601	12 578
Total Dividend Payment	33 397	41 858	56 397
Turnover Gross Operating Revenue	165 949	186 492	237 979
Value Shares Allotted	10	10
V A T Due Within One Year	4 092

Company staff

Brian M.

Role: Director

Appointed: 21 July 2014

Latest update: 9 December 2023

Colin M.

Role: Secretary

Appointed: 29 January 2013

Latest update: 9 December 2023

Colin M.

Role: Director

Appointed: 29 January 2013

Latest update: 9 December 2023

People with significant control

Colin M.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Brian M.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	12 February 2024
Confirmation statement last made up date	29 January 2023

Annual Accounts 22 April 2015
Start Date For Period Covered By Report	2014-04-01
End Date For Period Covered By Report	31 March 2015
Date Approval Accounts	22 April 2015
Annual Accounts 4 May 2016
Start Date For Period Covered By Report	2015-04-01
End Date For Period Covered By Report	31 March 2016
Date Approval Accounts	4 May 2016
Annual Accounts
Start Date For Period Covered By Report	01 April 2016
End Date For Period Covered By Report	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	01 April 2017
End Date For Period Covered By Report	31 March 2018
Annual Accounts
Start Date For Period Covered By Report	01 April 2018
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	01 April 2019
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	01 April 2022
End Date For Period Covered By Report	31 March 2023

Faretext Limited

General information

Name:

Office Address:

Contact information

Website

www.faretext.co.uk

Description

Financial data based on annual reports

Company staff

Brian M.

Colin M.

Colin M.

People with significant control

Colin M.

Brian M.

Accounts Documents

Company filings

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