George Rye & Sons Limited in Cramlington, NE23 1WQ

Description

Data updated on: 01-11-2023

George Rye & Sons began its business in the year 1975 as a Private Limited Company under the ID 01222255. This company has operated for fourty nine years and the present status is active. The firm's head office is situated in Cramlington at Lunar House, Unit 1 Easter Park. Anyone could also find the firm using the zip code, NE23 1WQ. This enterprise's SIC and NACE codes are 46420 and has the NACE code: Wholesale of clothing and footwear. 2022-12-31 is the last time the company accounts were reported.

That limited company owes its well established position on the market and constant development to exactly four directors, who are Edward R., Thomas R., Michael R. and Cindy R., who have been controlling the company since January 2003. Moreover, the managing director's tasks are regularly aided with by a secretary - Michael R..

Executives who have control over the firm are as follows: Michael R. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Edward R. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	447 120	922 039	220 864	415 792	1 053 739	928 656	368 717
Current Assets	3 636 993	4 094 500	3 723 700	3 998 685	4 025 960	4 620 847	5 301 920
Debtors	1 950 722	1 985 786	1 932 390	2 003 974	1 605 172	2 168 394	2 593 556
Net Assets Liabilities	2 014 302	2 224 402	2 466 383	2 554 722	2 641 998	2 946 569	3 527 640
Other Debtors	32 800	23 652	1 029	4 609	2 538	422 029	764 918
Property Plant Equipment	221 179	447 790	516 146	468 519	429 765	464 315	454 750
Total Inventories	1 239 151	1 186 675	1 570 446	1 578 919	1 367 049	1 523 797

Other Financial Data
Accrued Liabilities Deferred Income					493 994	545 674	572 110
Accumulated Depreciation Impairment Property Plant Equipment	384 450	460 976	562 719	629 600	704 012	777 564	868 466
Additions Other Than Through Business Combinations Property Plant Equipment						154 597	104 337
Average Number Employees During Period	31	31	35	38	37	40	40
Corporation Tax Payable	47 914	26 194	60 149	35 118	38 713	213 799	187 444
Corporation Tax Recoverable			17 460		664	1 052	1 052
Creditors	105 891	207 202	144 303	188 661	172 859	53 465	127 719
Future Minimum Lease Payments Under Non-cancellable Operating Leases	118 000	118 000	125 000	125 000	125 000	1 891 250	1 766 250
Increase From Depreciation Charge For Year Property Plant Equipment		93 126	105 792	98 511	84 150	105 337	106 625
Net Current Assets Liabilities	1 924 045	2 034 289	2 153 280	2 324 137	2 428 985	2 581 530	3 268 127
Other Creditors					9 782	421 167	470 718
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						31 785	15 723
Other Disposals Property Plant Equipment						46 495	23 000
Other Remaining Borrowings	105 807	144 766	144 303	188 661	172 859	170 302	308 806
Other Taxation Social Security Payable	200 696	216 607	112 034	198 839	261 480	307 309	208 351
Prepayments Accrued Income					174 947	142 127	51 990
Property Plant Equipment Gross Cost	605 629	908 766	1 078 865	1 098 119	1 133 777	1 241 879	1 323 216
Provisions For Liabilities Balance Sheet Subtotal	25 031	50 475	58 740	49 273	43 893	45 811	67 518
Taxation Including Deferred Taxation Balance Sheet Subtotal					43 893	45 811	67 518
Total Assets Less Current Liabilities	2 145 224	2 482 079	2 669 426	2 792 656	2 858 750	3 045 845	3 722 877
Total Borrowings			206 739	351 029	172 860	53 465	127 719
Trade Creditors Trade Payables	848 710	936 327	439 979	377 906	435 024	434 531	414 083
Trade Debtors Trade Receivables	1 192 571	1 279 028	1 143 063	1 192 658	1 191 706	1 603 186	1 775 596
Amount Specific Advance Or Credit Directors	198	88	141 412	94	2 044
Amount Specific Advance Or Credit Made In Period Directors	993	1 028	2 000	94	1 950
Amount Specific Advance Or Credit Repaid In Period Directors	906	1 138	2 088	172 816	43 938
Accrued Liabilities	434 407	665 758	852 771	722 470	493 995
Disposals Decrease In Depreciation Impairment Property Plant Equipment		16 600	4 049	31 630	9 738
Disposals Property Plant Equipment		31 915	6 500	49 970	12 767
Finance Lease Liabilities Present Value Total	12 342	3 364	3 364
Finance Lease Payments Owing Minimum Gross	12 311	15 854	3 438
Future Finance Charges On Finance Leases	281	1 415	74
Increase Decrease In Property Plant Equipment		23 700
Prepayments	196 710	191 594	197 689	221 278	174 947
Total Additions Including From Business Combinations Property Plant Equipment		335 052	176 599	69 224	48 425
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss				-9 467	-5 380
Number Shares Issued Fully Paid				2 500	2 500
Par Value Share				1	1
Provisions			58 740	49 273	43 893