K. G. Read & Son Limited in Suffolk, IP23 7AG

Description

Data updated on: 01-11-2023

01822967 is the registration number used by K. G. Read & Son Limited. It was registered as a Private Limited Company on 8th June 1984. It has existed on the market for the last 40 years. This enterprise may be found at 2 Lambseth Street Eye in Suffolk. The company's postal code assigned to this location is IP23 7AG. This enterprise's SIC code is 43220 meaning Plumbing, heat and air-conditioning installation. K. G. Read & Son Ltd released its account information for the financial period up to 2023-03-31. The most recent confirmation statement was submitted on 2023-10-18.

Marcus R. is the enterprise's individual managing director, who was appointed 33 years ago. For one year Helen R., had been functioning as a director for this specific company up until the resignation in October 1998. Additionally another director, including Audrey R. gave up the position in 1998. Furthermore, the managing director's tasks are often aided with by a secretary - Helen R., who joined this specific company eighteen years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-03-31	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
Net Worth	82 604	85 142	84 852	88 089

Balance Sheet
Current Assets	163 155	163 054	161 578	154 191	169 187	20 033	24 255	19 881	31 013	38 096	30 712
Net Assets Liabilities							115 834	119 028	144 831	142 524	131 689
Cash Bank In Hand	29 535	28 819	29 241	6 524
Cash Bank On Hand				6 524	16 443
Debtors	2 620	3 235	1 337	1 025	6 102
Property Plant Equipment				4 725	3 673
Stocks Inventory	131 000	131 000	131 000	146 642
Tangible Fixed Assets	2 201	1 759	5 711	4 725
Total Inventories				146 642	146 642

Capital & Reserves
Called Up Share Capital	3 000	3 000	3 000	3 000
Profit Loss Account Reserve	79 604	82 142	81 852	85 089
Shareholder Funds	82 604	85 142	84 852	88 089

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal							-1 250	-1 531	1 531	1 531	1 531
Average Number Employees During Period				3	3		3	3	3	3	3
Creditors				70 827	73 833	71 939	69 521	59 971	60 323	65 218	65 296
Fixed Assets						162 238	161 100	160 649	175 673	171 177	167 804
Net Current Assets Liabilities	80 403	83 383	79 141	83 364	95 354	-51 906	-45 266	-40 090	-29 311	-27 122	-34 584
Total Assets Less Current Liabilities	82 604	85 142	84 852	88 089	99 027	110 332	115 834	120 559	146 362	144 055	133 220
Director Remuneration				8 550	16 120
Accrued Liabilities Deferred Income				1 000	1 300
Accumulated Depreciation Impairment Property Plant Equipment				22 357	23 409
Administrative Expenses	17 718	15 786	22 279	11 433	15 907
Bank Borrowings Overdrafts		1 066	16 578
Comprehensive Income Expense				8 237	20 938
Corporation Tax Payable				2 219	5 419
Cost Inventories Recognised As Expense Gross				33 125	41 984
Cost Sales	66 674	58 883	35 090	33 125	41 984
Creditors Due Within One Year	82 752	79 671	82 437	70 827
Current Tax For Period				2 257	5 457
Debtors Due Within One Year	2 620	3 235
Depreciation Expense Property Plant Equipment				1 402	1 052
Depreciation Tangible Fixed Assets Expense	559	442	5 008	1 402
Distribution Costs					1 053
Dividends Paid				5 000	10 000
Dividends Paid On Shares Final				5 000	10 000
Gross Profit Loss	29 016	18 943	21 989	21 927	43 355
Increase From Depreciation Charge For Year Property Plant Equipment					1 052
Interest Payable Similar Charges	2 770
Number Shares Allotted		3 000	3 000	3 000
Number Shares Issued Fully Paid					3 000
Operating Profit Loss	11 298	3 157	-290
Other Creditors					7 041
Other Creditors Due Within One Year	75 475	67 511	59 319	59 799
Other Interest Receivable Similar Income	36	29
Par Value Share		1	1	1	1
Payments Received On Account				3 316	3 316
Payments Received On Account Within One Year				3 316
Pension Costs	354	6 500
Profit Loss				8 237	20 938
Profit Loss For Period	6 811	2 538	-290	8 237
Profit Loss On Ordinary Activities Before Tax	8 564	3 186	-290	10 494	26 395
Property Plant Equipment Gross Cost				27 082
Share Capital Allotted Called Up Paid	3 000	3 000	3 000	3 000
Tangible Fixed Assets Additions			8 960	416
Tangible Fixed Assets Cost Or Valuation	17 706	17 706	26 666	27 082
Tangible Fixed Assets Depreciation	15 505	15 947	20 955	22 357
Tangible Fixed Assets Depreciation Charged In Period		442	5 008	1 402
Taxation Social Security Due Within One Year	5 662	3 270	510	3 570
Tax On Profit Or Loss On Ordinary Activities	1 753	648		2 257
Tax Tax Credit On Profit Or Loss On Ordinary Activities				2 257	5 457
Total Dividend Payment				5 000
Total Operating Lease Payments				758	1 053
Trade Creditors Trade Payables				4 142	601
Trade Creditors Within One Year	1 615	7 824	6 030	4 142
Trade Debtors Trade Receivables				1 025	6 102
Turnover Gross Operating Revenue	95 690	77 826	57 079	55 052
Turnover Revenue				55 052	85 339
U K Current Corporation Tax	1 753	648		2 257
Director Remuneration Benefits Excluding Payments To Third Parties	11 445	7 516	7 709	8 550