Karan Retail Ltd, CV2 5HA

Description

Data updated on: 01-11-2023

Karan Retail began its operations in 2007 as a Private Limited Company under the following Company Registration No.: 06098336. This particular firm has been operating for 17 years and it's currently active. The firm's head office is registered in Walsgrave at 26 Newey Rd. Anyone can also find the company utilizing the zip code of CV2 5HA. The firm's SIC code is 47110 which means . Karan Retail Limited released its account information for the period up to 2022-03-31. The business most recent annual confirmation statement was released on 2023-04-19.

Regarding this company, just about all of director's assignments have so far been performed by Sivasubramaniam S. who was assigned this position seventeen years ago. In order to support the directors in their duties, this company has been utilizing the expertise of Kiriyagini S. as a secretary for the last seventeen years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	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	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	5 696	5 346	41 881	105 008	198 916	274 194

Balance Sheet
Cash Bank On Hand						40 931	38 581	424 276	524 039	344 016	1 160 566	269 169	641 167
Current Assets	139 483	202 192	311 690	472 999	698 491	1 038 633	1 267 745	2 120 622	3 648 347	3 299 919	4 861 121	5 135 718	7 287 705
Debtors	43 873	45 472	141 438	157 176	186 887	395 082	529 194	692 076	1 078 612	850 275	1 717 165	2 396 649	4 522 338
Net Assets Liabilities						274 194	417 592	692 270	1 026 674	5 646 875	6 121 270	7 241 402	12 811 219
Other Debtors						318 302	230 300			122 050	257 011	257 011	622 011
Property Plant Equipment						772 188	882 796	989 006	3 388 081	12 126 441	13 595 451	19 155 555	34 788 845
Total Inventories						602 620	699 970	1 004 270	2 045 696	2 105 628	1 983 390	2 469 900	2 124 200
Cash Bank In Hand	10 990	14 880	9 542	6 723	74 804	40 931
Net Assets Liabilities Including Pension Asset Liability	5 696	5 346	41 881	105 008	198 916	274 194
Stocks Inventory	84 620	141 840	160 710	309 100	436 800	602 620
Tangible Fixed Assets	4 573	7 454	25 394	20 315	295 398	772 188

Capital & Reserves
Called Up Share Capital	2	2	2	100	100	100
Profit Loss Account Reserve	5 694	5 344	41 878	104 908	198 816	274 094
Shareholder Funds	5 696	5 346	41 881	105 008	198 916	274 194

Other Financial Data
Audit Fees Expenses										5 000	6 000	6 000	9 000
Director Remuneration										6 000	15 667	17 149	18 372
Dividend Recommended By Directors											46 800	150 784	148 449
Accumulated Depreciation Impairment Property Plant Equipment						64 247	99 563	136 032	215 191	689 343	1 045 559	1 710 033	2 765 953
Average Number Employees During Period							42	12	27	34	34	21	19
Bank Borrowings Overdrafts						990 639	968 948			4 584 239	5 990 354	9 796 323	15 587 570
Creditors						990 639	968 948	1 200 931	2 704 806	4 896 674	6 589 536	10 721 350	16 991 269
Increase From Depreciation Charge For Year Property Plant Equipment							35 316		79 159		426 216	672 473	1 055 920
Net Current Assets Liabilities	17 754	28 092	54 962	98 693	232 717	492 645	503 744	931 848	403 496	-1 174 674	184 554	-1 073 174	-3 636 256
Other Creditors						786				18 948	109 500	70 823	127 556
Other Taxation Social Security Payable						50 787	128 012			1 773
Property Plant Equipment Gross Cost						836 435	982 359	1 125 038	3 603 272	12 815 784	14 641 010	20 865 588	37 554 798
Provisions For Liabilities Balance Sheet Subtotal								27 653	60 097	908 418	1 069 399	1 019 829	2 150 301
Total Additions Including From Business Combinations Property Plant Equipment							145 924		2 478 234		2 175 226	6 264 573	12 626 446
Total Assets Less Current Liabilities	22 327	35 546	80 356	119 008	528 115	1 264 833	1 386 540	1 920 854	3 791 577	11 451 967	13 780 205	18 982 581	31 952 789
Trade Creditors Trade Payables						490 436	354 710			2 181 764	2 462 584	3 544 137	6 820 947
Trade Debtors Trade Receivables						76 780	298 894			652 097	1 134 332	1 696 672	2 154 866
Accrued Liabilities Deferred Income										9 800	10 800	15 000	301 141
Accumulated Amortisation Impairment Intangible Assets												100 000	200 000
Additional Provisions Increase From New Provisions Recognised											160 981	-49 570	1 130 472
Administrative Expenses										2 377 955	2 364 993	3 230 122	5 565 705
Amortisation Expense Intangible Assets												100 000	100 000
Amounts Owed By Associates											198 150	82 500	1 359 930
Amounts Owed To Group Undertakings											58 800	35 918	33 918
Applicable Tax Rate										19	19	19	19
Bank Borrowings										4 996 669	412 430	412 430	412 430
Bank Overdrafts									199 711	517 752	570 035	623 660	617 194
Cash Cash Equivalents Cash Flow Value										-173 736	590 531	-354 491	23 973
Cash Receipts From Government Grants											-343 929
Comprehensive Income Expense										4 678 812	521 195	1 270 916	5 718 266
Corporation Tax Payable										708	5 700	188 324	504 157
Corporation Tax Recoverable											21 400
Cost Sales										45 542 463	39 731 304	66 071 255	106 752 536
Current Tax For Period											127 080	188 324	504 157
Depreciation Amortisation Expense										374 749	426 216	772 473	1 155 920
Depreciation Expense Property Plant Equipment										189 502	165 774	189 637	276 543
Disposals Decrease In Depreciation Impairment Property Plant Equipment											70 000	7 999
Disposals Intangible Assets											500 000
Disposals Property Plant Equipment											350 000	39 995
Dividend Per Share Final											468	1 508	1 484
Dividends Paid										58 611	46 800	150 784	148 449
Dividends Paid Classified As Financing Activities										-58 611	-46 800	-150 784	-148 449
Dividends Paid On Shares Final										58 611	46 800	150 784	148 449
Dividends Received Classified As Investing Activities											-21 433
Finance Lease Liabilities Present Value Total										312 435	181 532	393 761	529 073
Finance Lease Payments Owing Minimum Gross										488 633	264 088	545 803	545 803
Finished Goods										2 105 628	1 983 390	2 469 900	2 124 200
Fixed Assets	4 573	7 454	25 394	20 315	295 398	772 188				12 626 641	13 595 651	20 055 755	35 589 045
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities										-823 000	343 929	-141 296	1 322 759
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax										4 190 594	8 058		4 062 764
Further Operating Expense Item Component Total Operating Expenses										9 000	11 100	17 430	18 460
Future Finance Charges On Finance Leases										84 784	82 556	152 042	16 730
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables										-23 450	784 881	1 058 200	4 315 719
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables										-102 715	-633 661	-823 585	-843 362
Gain Loss On Disposal Assets Income Statement Subtotal												4 766
Gain Loss On Disposals Property Plant Equipment												4 766
Gross Profit Loss										2 814 606	2 512 594	4 382 138	8 530 982
Income From Shares In Group Undertakings											21 433
Income Taxes Paid Refund Classified As Operating Activities										-65 146	-157 167	22 751	-193 221
Income Tax Expense Credit On Components Other Comprehensive Income													914 122
Increase Decrease Due To Transfers Between Classes Property Plant Equipment											235 030
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation										-498 064	764 267	-945 022	378 464
Increase Decrease In Property Plant Equipment											190 515	29 502	76 416
Increase Decrease In Stocks Inventories Finished Goods Work In Progress										59 932	-122 238	486 510	-345 700
Increase From Amortisation Charge For Year Intangible Assets												100 000	100 000
Intangible Assets										500 000		900 000	800 000
Intangible Assets Gross Cost										500 000		1 000 000
Interest Expense On Bank Loans Similar Borrowings										126 058	166 892	261 350	570 508
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts										95 223	119 810	147 673	195 782
Interest Paid Classified As Operating Activities										-126 058	-166 892	-261 350	-570 508
Interest Payable Similar Charges Finance Costs										221 281	286 702	409 023	766 290
Investments Fixed Assets										200	200	200	200
Investments In Group Undertakings										200	200	200	200
Net Assets Liabilities Subsidiaries										-100	-21 533	-100	-100
Net Cash Flows From Used In Financing Activities										-3 464 606	-1 151 659	-4 334 556	-4 934 023
Net Cash Flows From Used In Investing Activities										4 585 272	1 331 306	7 205 273	12 572 950
Net Cash Flows From Used In Operating Activities										-622 602	-943 914	-1 925 695	-8 017 391
Net Cash Generated From Operations										-909 029	-1 387 783	-2 311 967	-8 976 902
Net Interest Received Paid Classified As Investing Activities										-24 648	-42 487	-22 538	-53 496
Number Shares Issued Fully Paid											100	100	100
Operating Profit Loss										720 377	1 032 038	1 796 155	4 002 925
Other Comprehensive Income Expense Net Tax										4 190 594	8 058		3 148 642
Other Deferred Tax Expense Credit										35 526	169 039	-49 570	216 350
Other Interest Receivable Similar Income Finance Income										24 648	42 487	22 538	53 496
Other Operating Income Format1										283 726	884 437	644 139	1 037 648
Par Value Share					1	1					100	100	100
Payments Finance Lease Liabilities Classified As Financing Activities										655 034	64 430	538 074	613 984
Pension Other Post-employment Benefit Costs Other Pension Costs											6 600	8 591	8 867
Percentage Class Share Held In Subsidiary											100	100	100
Prepayments Accrued Income										76 128	92 593	351 686	374 006
Proceeds From Borrowings Classified As Financing Activities										-2 045 183	-6 580 000	-4 300 000	-16 000 000
Proceeds From Sales Intangible Assets											-500 000
Proceeds From Sales Property Plant Equipment											-280 000	-36 762
Profit Loss										488 218	513 137	1 270 916	2 569 624
Profit Loss On Ordinary Activities Before Tax										523 744	809 256	1 409 670	3 290 131
Profit Loss Subsidiaries										21 433	21 433
Provisions										908 418	1 069 399	1 019 829	2 150 301
Purchase Intangible Assets										-500 000		-1 000 000
Purchase Property Plant Equipment										-4 109 720	-2 175 226	-6 264 573	-12 626 446
Recoverable Value-added Tax												2 152
Repayments Borrowings Classified As Financing Activities											-5 173 885	-494 030	-10 208 753
Social Security Costs												5 705	5 080
Staff Costs Employee Benefits Expense										410 068	395 846	218 400	525 363
Tax Decrease From Utilisation Tax Losses										-69 968	34 588
Tax Decrease Increase From Effect Revenue Exempt From Taxation											4 073	905	9 393
Tax Expense Credit Applicable Tax Rate										99 511	153 759	267 837	625 125
Tax Increase Decrease From Effect Capital Allowances Depreciation										-169 479	11 982	-78 608	-111 575
Tax Tax Credit On Profit Or Loss On Ordinary Activities										35 526	296 119	138 754	720 507
Total Additions Including From Business Combinations Intangible Assets												1 000 000
Total Borrowings										5 514 421	982 465	1 036 090	1 029 624
Total Increase Decrease From Revaluations Property Plant Equipment													4 062 764
Total Operating Lease Payments										17 910	24 619	65 538	115 564
Turnover Revenue										48 357 069	42 243 898	70 453 393	115 283 518
Wages Salaries										410 068	389 246	209 810	511 416
Creditors Due After One Year Total Noncurrent Liabilities	16 631	30 200
Creditors Due Within One Year Total Current Liabilities	121 729	175 343
Tangible Fixed Assets Additions		5 366	24 287		290 182	505 979
Tangible Fixed Assets Cost Or Valuation	10 621	15 987	40 274	40 274	330 456	836 435
Tangible Fixed Assets Depreciation	6 048	8 533	14 880	19 959	35 058	64 247
Tangible Fixed Assets Depreciation Charge For Period		2 485
Creditors Due After One Year		30 200	38 476	14 000	329 199	990 639
Creditors Due Within One Year		174 100	256 727	374 306	465 774	545 988
Number Shares Allotted					100	100
Share Capital Allotted Called Up Paid				100	100	100
Tangible Fixed Assets Depreciation Charged In Period			6 347	5 079	15 099	29 189

Company staff

Kiriyagini S.

Role: Secretary

Appointed: 15 February 2007

Latest update: 18 March 2024

Sivasubramaniam S.

Role: Director

Appointed: 15 February 2007

Latest update: 18 March 2024

People with significant control

Executives who control the firm include: Kiriyagini S. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Sivasubramaniam S. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Kiriyagini S.

Notified on 31 March 2023

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Sivasubramaniam S.

Notified on 6 April 2016

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

right to manage directors

Kiriyagini S.

Notified on 14 October 2021

Ceased on 1 March 2023

Nature of control:

1/2 or less of voting rights

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	03 May 2024
Confirmation statement last made up date	19 April 2023

Annual Accounts 2 December 2013
Start Date For Period Covered By Report	2012-04-01
End Date For Period Covered By Report	2013-03-31
Date Approval Accounts	2 December 2013
Annual Accounts 30 December 2014
Start Date For Period Covered By Report	2013-04-01
End Date For Period Covered By Report	2014-03-31
Date Approval Accounts	30 December 2014
Annual Accounts 31 December 2015
Start Date For Period Covered By Report	2014-04-01
End Date For Period Covered By Report	2015-03-31
Date Approval Accounts	31 December 2015
Annual Accounts 29 December 2016
Start Date For Period Covered By Report	2015-04-01
End Date For Period Covered By Report	2016-03-31
Date Approval Accounts	29 December 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 2018
End Date For Period Covered By Report	31 March 2019
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

Karan Retail Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Kiriyagini S.

Sivasubramaniam S.

People with significant control

Kiriyagini S.

Sivasubramaniam S.

Kiriyagini S.

Accounts Documents

Company filings

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