Reddy Metals Uk Ltd in Dudley, DY2 8UB

Description

Data updated on: 01-11-2023

Reddy Metals Uk Ltd has been prospering in the United Kingdom for 27 years. Started with Registered No. 03480012 in 1997, the firm is based at Unit 12, Thornleigh Trading, Dudley DY2 8UB. This firm started under the business name I.a.n. Metals, however for the last one year has been on the market under the business name Reddy Metals Uk Ltd. The company's registered with SIC code 38320 meaning Recovery of sorted materials. The firm's latest accounts describe the period up to 2022-07-31 and the most current confirmation statement was released on 2022-12-11.

I A N Metals Ltd is a small-sized vehicle operator with the licence number OD0264345. The firm has one transport operating centre in the country. In their subsidiary in Dudley on Unit 12, 4 machines and 2 trailers are available.

Concerning this particular firm, a variety of director's tasks have so far been fulfilled by Madhu G. who was formally appointed in 2022. That firm had been managed by Ian M. up until 2022. To find professional help with legal documentation, the abovementioned firm has been utilizing the expertise of Aditya K. as a secretary since 2023.

Previous company's names
Reddy Metals Uk Ltd 2023-01-25
I.a.n. Metals Limited 1997-12-12

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-06-30	2013-06-30	2014-06-30	2015-06-30	2016-06-30	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	732 505	754 054	639 154	565 038	462 040

Balance Sheet
Cash Bank On Hand					239 403	163 306	141 148	178 806	77 678	36 137	38 370
Current Assets	771 681	741 005	678 070	623 839	423 956	305 562	346 986	327 203	224 970	164 000	89 003
Debtors	464 506	494 781	457 701	254 754	124 303	82 706	67 238	93 397	22 292	30 363	5 633
Net Assets Liabilities					462 040	383 074	286 964	260 738	174 320	1 315	-77 529
Other Debtors										2 355	268
Property Plant Equipment					185 439	153 115	159 669	131 838	108 041	88 816	73 229
Total Inventories					60 250	59 550	138 600	55 000	125 000	97 500	45 000
Cash Bank In Hand	247 275	195 964	160 169	338 985	239 403
Net Assets Liabilities Including Pension Asset Liability	732 505	754 054	639 154	565 038	462 040
Stocks Inventory	59 900	50 260	60 200	30 100	60 250
Tangible Fixed Assets	289 205	264 698	271 098	225 216	185 438

Capital & Reserves
Called Up Share Capital	200	200	200	200	200
Profit Loss Account Reserve	732 305	753 854	638 954	564 838	461 840
Shareholder Funds	732 505	754 054	639 154	565 038	462 040

Other Financial Data
Accrued Liabilities										3 340	2 755
Accumulated Depreciation Impairment Property Plant Equipment					313 322	345 646	351 129	375 960	399 757	418 982	434 569
Amounts Owed By Related Parties										22 200
Amounts Owed To Related Parties										204 245	203 745
Average Number Employees During Period						6	6	5	4	4	4
Creditors					110 355	46 603	17 049	10 850	4 650	234 626	225 848
Dividend Per Share Final										1
Dividends Paid On Shares Final										115 000
Increase From Depreciation Charge For Year Property Plant Equipment						32 324	28 714	29 568	23 797	19 225	15 587
Net Current Assets Liabilities	507 883	541 356	424 723	384 822	313 602	258 959	174 344	164 750	91 429	-70 626	-136 845
Number Shares Issued Fully Paid										200	200
Other Creditors										13 808	15 721
Other Inventories										97 500	45 000
Par Value Share		1	1	1	1						1
Prepayments										665	222
Property Plant Equipment Gross Cost					498 761	498 761	510 798	507 798	507 798	507 798	507 798
Provisions For Liabilities Balance Sheet Subtotal					37 000	29 000	30 000	25 000	20 500	16 875	13 913
Taxation Social Security Payable										4 611	1 140
Total Assets Less Current Liabilities	797 088	806 054	695 821	610 038	499 040	412 074	334 013	296 588	199 470	18 190	-63 616
Trade Creditors Trade Payables										8 622	2 487
Trade Debtors Trade Receivables										5 143	5 143
Director Remuneration										9 672	10 602
Additional Provisions Increase From New Provisions Recognised								-5 000	-4 500	-3 625
Deferred Tax Liabilities							30 000	25 000	20 500	16 875
Disposals Decrease In Depreciation Impairment Property Plant Equipment							23 231	4 737
Disposals Property Plant Equipment							31 289	5 000
Provisions							30 000	25 000	20 500	16 875
Total Additions Including From Business Combinations Property Plant Equipment							43 326	2 000
Creditors Due After One Year	9 583		4 167
Creditors Due Within One Year	263 798	199 649	253 347	239 017	110 354
Fixed Assets	289 205	264 698	271 098	225 216	185 438
Number Shares Allotted	200	200	200	200	200
Provisions For Liabilities Charges	55 000	52 000	52 500	45 000	37 000
Value Shares Allotted	200	200	200	200	200