Korda Developments Limited in Romford, RM1 3PJ

Description

Data updated on: 01-11-2023

Korda Developments is a firm located at RM1 3PJ Romford at Orbital House. This enterprise has been operating since 2001 and is established under the registration number 04336137. This enterprise has been on the UK market for twenty three years now and company status at the time is active. The company's SIC code is 47990 and has the NACE code: Other retail sale not in stores, stalls or markets. Korda Developments Ltd released its account information for the financial period up to December 31, 2022. The latest confirmation statement was submitted on December 7, 2022.

There is a group of six directors overseeing this particular firm at the moment, specifically Thomas P., Adam R., Neil S. and 3 remaining, listed below who have been carrying out the directors tasks since 18th July 2023.

Daniel F. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full 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	2 062 221	4 662 933	1 888 179	512 918	4 496 031	453 716	394 424
Current Assets	13 491 244	16 321 825	16 033 046	18 213 184	24 151 144	26 684 543	41 193 986
Debtors	6 266 187	7 444 516	8 373 045	10 992 506	13 269 715	15 434 759	17 268 079
Net Assets Liabilities	12 377 594	13 197 962	15 226 615	16 795 265	20 040 097	23 161 919	29 504 016
Other Debtors	2 367 264	2 757 036	3 671 636	3 981 397	4 199 805	676 952	704 774
Property Plant Equipment	251 260	1 842 725	1 882 763	1 815 718	1 767 535	1 686 868	1 664 400
Total Inventories	5 162 836	4 214 376	5 771 822	6 707 760	6 385 398	10 796 068

Other Financial Data
Audit Fees Expenses	16 500	17 500	17 500	18 500	19 500	20 750
Other Non-audit Services Fees	28 552	22 133	26 254	25 325	10 799	39 530
Accrued Liabilities Deferred Income	205 880	291 883	433 831	324 421	1 212 249	704 552	6 248 483
Accumulated Amortisation Impairment Intangible Assets	3 400	6 800	10 200	13 600	17 000	17 000	308 667
Accumulated Depreciation Impairment Property Plant Equipment	714 852	810 774	1 005 460	1 255 307	1 522 003	1 718 450	1 515 157
Additions Other Than Through Business Combinations Intangible Assets							2 500 000
Additions Other Than Through Business Combinations Property Plant Equipment		1 827 080	319 863	206 997	237 225	203 512	275 722
Administrative Expenses	3 143 572	3 313 413	3 606 778	4 040 201	4 384 553	6 320 881	7 822 284
Amortisation Impairment Expense Intangible Assets			3 400	3 400	3 400
Average Number Employees During Period	61	67	86	105	113	119	127
Bank Borrowings							3 000 000
Bank Borrowings Overdrafts		7 585		5 629	1 416 667	12 516	750 000
Cash Cash Equivalents						1 724 454	401 650
Cash Cash Equivalents Cash Flow Value		4 662 933	1 888 179	512 918	4 496 031	453 716
Corporation Tax Payable	284 770		256 885	199 579	496 302	336 455	421 283
Corporation Tax Recoverable	99 746	120 166				14 426	14 426
Cost Inventories Recognised As Expense Gross	9 428 088	12 755 880	13 941 410
Cost Sales	11 405 502	15 128 591	16 758 445	20 216 284	24 235 750	29 069 853	19 337 455
Creditors	1 199 590	4 887 255	2 515 036	2 970 903	1 416 667	4 768 334	12 802 636
Current Tax For Period	444 831	66 818	340 661	314 911	694 525	669 095	403 250
Debt Securities Held		7 151 374			12 937 892	15 292 941
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	12 415	54 218	41 425	35 176	13 417	61 607	9 878
Depreciation Expense Property Plant Equipment	-83 949	-210 697		-268 792	-279 803
Depreciation Impairment Expense Property Plant Equipment			255 465	268 792	279 803	274 330
Dividends Paid				100 000
Dividends Paid Classified As Financing Activities				-100 000			-50 000
Dividends Paid To Owners Parent Classified As Financing Activities							-50 000
Finished Goods Goods For Resale	5 162 836	4 214 376	5 771 822	6 707 760	6 385 398	10 796 068	23 531 483
Fixed Assets	264 860	1 852 925	1 889 563	1 819 118	1 767 535	1 686 868	3 872 733
Further Item Tax Increase Decrease Component Adjusting Items	-29 975	54 218	41 425	48 294	2 480	57 878	-13 183
Future Minimum Lease Payments Under Non-cancellable Operating Leases				4 631 496	4 256 352	3 894 647
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	51 892	294 859	544 625	226 263	241 169	1 085 636
Gain Loss From Sales Investment Properties Recognised In Profit Or Loss							-7 000 000
Gain Loss On Disposals Property Plant Equipment	-766	-22 748	-22 453	-5 250	4 202	-9 291
Government Grant Income					277 238	11 565
Gross Profit Loss	5 578 062	4 198 563	5 938 488	6 005 741	7 991 094	10 099 500
Income Taxes Paid Refund Classified As Operating Activities		-372 008	36 390	-372 217	-397 802	-843 368
Increase From Amortisation Charge For Year Intangible Assets		3 400	3 400	3 400	3 400		291 667
Increase From Depreciation Charge For Year Property Plant Equipment		210 697	255 465	268 792	279 803	274 330	274 165
Intangible Assets	13 600	10 200	6 800	3 400			2 208 333
Intangible Assets Gross Cost	17 000	17 000	17 000	17 000	17 000	17 000	2 517 000
Interest Income	38 099	21 726	41 589	10 134	1 514	5 924
Interest Income On Bank Deposits	23 569	14 457	31 560	5 157	1 153	182	1 944
Interest Payable Similar Charges Finance Costs					1 508		107 342
Interest Received Classified As Investing Activities	-38 099	-21 726	-41 589	-10 134	-1 514	-5 924
Issue Equity Instruments							200
Net Cash Flows From Used In Operating Activities	1 420 696	-1 533 540	-455 397	158 348	-2 341 582	1 281 549
Net Current Assets Liabilities	12 291 654	11 434 570	13 518 010	15 242 281	20 018 780	21 916 209
Net Finance Income Costs	38 099	21 726	41 589	10 134	1 514	5 924	15 763
Net Interest Paid Received Classified As Operating Activities					-1 508
Number Shares Issued Fully Paid			960 000	960 000	960 000	960 000
Operating Profit Loss	2 469 934	919 678	2 369 150	2 008 603	3 952 768	3 846 600
Other Creditors						60 580	3 015 468
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		114 775	60 779	18 945	13 107	77 883	477 458
Other Disposals Property Plant Equipment		139 693	85 139	24 195	18 712	87 732	501 483
Other Interest Income	14 530	7 269	10 029	4 977	361	5 742
Other Interest Receivable Similar Income Finance Income	38 099	21 726	41 589	10 134	1 514	5 924	15 763
Other Operating Income Format1	35 444	34 528	37 440	43 063	346 227	67 981
Other Provisions Balance Sheet Subtotal					150 000	200 000	250 000
Other Taxation Social Security Payable	64 002	243 813	87 072	90 370		517 587
Par Value Share			1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	82 239	92 732	103 162	115 501	131 613	161 040	211 715
Prepayments Accrued Income	1 025 785	172 976	207 713	330 623	216 522	127 392	106 487
Proceeds From Sales Property Plant Equipment	-587	-2 170	-1 907		-9 807	-558
Profit Loss	2 050 787	820 368	2 028 653	1 668 650	3 244 832	3 121 822	4 910 048
Profit Loss On Ordinary Activities Before Tax	2 508 033	941 404	2 410 739	2 018 737	3 952 774	3 852 524
Property Plant Equipment Gross Cost	966 112	2 653 499	2 888 223	3 071 025	3 289 538	3 405 318	3 179 557
Provisions For Liabilities Balance Sheet Subtotal	178 920	89 533	180 958	266 134	329 551
Purchase Property Plant Equipment			-319 863	-206 997	-237 225	-203 512
Social Security Costs	220 087	263 848	281 927	317 183	389 313	599 345
Staff Costs Employee Benefits Expense						5 835 041	6 649 490
Taxation Including Deferred Taxation Balance Sheet Subtotal	35 315	89 533	130 958	166 134	179 551	241 158	260 067
Tax Expense Credit Applicable Tax Rate			458 040	383 560	751 027	731 980
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-48 676	-61 403	-73 682	-54 081	-48 587	-54 441	-80 000
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	5 085	15 276	3 254	6 846	3 022	1 135	1 355 578
Tax Tax Credit On Profit Or Loss On Ordinary Activities	457 246	121 036	382 086	350 087	707 942	730 702	413 128
Total Assets Less Current Liabilities	12 556 514	13 287 495	15 407 573	17 061 399	21 786 315	23 603 077
Total Borrowings							750 000
Total Increase Decrease In Provisions				-50 000	-50 000	-50 000
Trade Creditors Trade Payables	631 932	2 428 691	1 524 032	2 251 565	1 700 212	3 565 468	2 184 529
Trade Debtors Trade Receivables	2 773 392	4 394 338	4 493 696	6 680 486	8 853 388	10 570 404	8 011 921
Turnover Revenue	16 983 564	19 327 154	22 696 933	26 222 025	32 226 844	39 169 353
Wages Salaries						5 074 656	5 746 479
Director Remuneration					923 504	2 025 335

Resigned: 23 September 2016

Latest update: 11 March 2024

William F.

Role: Secretary

Appointed: 18 January 2002

Resigned: 23 September 2016

Latest update: 11 March 2024

Christopher R.

Role: Director

Appointed: 07 December 2001

Resigned: 05 October 2006

Latest update: 11 March 2024

Key Legal Services (nominees) Limited

Role: Nominee Director

Appointed: 07 December 2001

Resigned: 01 December 2002

Latest update: 11 March 2024

Key Legal Services (secretarial) Limited

Role: Corporate Nominee Secretary

Appointed: 07 December 2001

Resigned: 01 December 2002

Address: Radyr, Cardiff, CF15 8AA

Latest update: 11 March 2024

Steven S.

Role: Director

Appointed: 07 December 2001

Resigned: 05 October 2006

Latest update: 11 March 2024

People with significant control

Daniel F.

Notified on 7 December 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	21 December 2023
Confirmation statement last made up date	07 December 2022

Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	2017-12-31
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Korda Developments Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Thomas P.

Adam R.

Neil S.

Thomas D.

Damian C.

Daniel F.

William F.

William F.

Christopher R.

Key Legal Services (nominees) Limited

Key Legal Services (secretarial) Limited

Steven S.

People with significant control

Daniel F.

Accounts Documents

Company filings

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