R J Cortel Limited in Polegate, BN26 6QH

Description

Data updated on: 01-11-2023

R J Cortel Limited is established as Private Limited Company, that is based in First Floor Unit J6, Franklin House, Chaucer Business Park,, Dittons Road, Polegate. The postal code is BN26 6QH. The firm has existed twenty three years in the UK. The registered no. is 04196783. The company now known as R J Cortel Limited was known under the name Netco 107 up till 2001-04-17 when the business name was replaced. This business's registered with SIC code 61100 which means Wired telecommunications activities. R J Cortel Ltd filed its latest accounts for the financial period up to 2023-03-31. The most recent annual confirmation statement was submitted on 2023-04-09.

That business owes its achievements and constant growth to a group of two directors, specifically Daniel D. and Ashley G., who have been controlling the company since 2006. In addition, the managing director's responsibilities are constantly aided with by a secretary - Zuzana D., who was officially appointed by this business in 2011.

Previous company's names
R J Cortel Limited 2001-04-17
Netco 107 Limited 2001-04-09

Financial data based on annual reports

Profit & Loss
Date of Accounts	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
Net Worth	2 263	1 925	1 578	1 825	2 997

Balance Sheet
Cash Bank On Hand					49 972	47 618				43 885	57 119	15 141
Current Assets	62 849	81 627	115 834	157 478	143 543	154 944	133 226	143 536	97 399	132 760	192 954	190 882
Debtors	20 352	20 594	36 826	11 683	10 720	20 693				19 282	34 994	46 460
Net Assets Liabilities					2 998	7 853	26 215	21 221	18 838	10 845	37 920	88 131
Other Debtors					3 834	6 182				840	629	6 789
Property Plant Equipment					19 662	16 104				53 218	82 336	93 892
Total Inventories					82 851	92 815				69 593	100 841	129 281
Cash Bank In Hand	6 687	12 993	46 021	82 393	49 972
Net Assets Liabilities Including Pension Asset Liability	2 263	1 925	1 578	1 825	2 997
Stocks Inventory	35 810	48 040	32 987	63 402	82 851
Tangible Fixed Assets	12 662	11 172	8 557	25 566	19 662

Capital & Reserves
Called Up Share Capital	2	2	2	2	2
Profit Loss Account Reserve	2 261	1 923	1 576	1 823	2 995
Shareholder Funds	2 263	1 925	1 578	1 825	2 997

Other Financial Data
Accrued Liabilities										6 000	3 000	3 000
Accrued Liabilities Not Expressed Within Creditors Subtotal						-1 500	-1 500	-1 500	-1 500	-6 000
Accumulated Amortisation Impairment Intangible Assets											9 010	24 456
Accumulated Depreciation Impairment Property Plant Equipment					36 093	40 932				53 435	90 412	138 821
Additions Other Than Through Business Combinations Intangible Assets											308 921
Additions Other Than Through Business Combinations Property Plant Equipment						1 281					66 095	65 465
Amounts Owed By Related Parties											16 374	9 000
Average Number Employees During Period					6	5	5	5	5	5	7	10
Bank Borrowings										41 294
Carrying Amount Material Intangible Asset											299 911	284 465
Comprehensive Income Expense					66 173	47 203
Creditors					9 037	169 377	127 203	138 309	129 150	41 294	134 468	95 494
Disposals Decrease In Depreciation Impairment Property Plant Equipment												-4 950
Disposals Property Plant Equipment												-5 500
Dividend Per Share Interim					32 500	22 000				27 877	30 515	35 073
Dividends Paid					-65 000	-44 000
Finance Lease Liabilities Present Value Total					9 037	9 037
Financial Commitments Other Than Capital Commitments					8 460	31 705	13 529	6 803
Fixed Assets	12 662	11 172	8 557	25 566	19 662	16 104	15 318	12 392	39 881	53 218	382 248	378 358
Future Minimum Lease Payments Under Non-cancellable Operating Leases										9 108	2 679	74 307
Increase From Amortisation Charge For Year Intangible Assets											9 010	15 446
Increase From Depreciation Charge For Year Property Plant Equipment						4 839					36 977	53 359
Intangible Assets											299 911	284 465
Intangible Assets Gross Cost											308 921	308 921
Investments Fixed Assets											1	1
Investments In Subsidiaries											1	1
Minimum Operating Lease Payments Recognised As Expense										5 773	6 109	11 502
Net Current Assets Liabilities	-8 376	-7 430	-5 267	-9 169	-5 672	-6 751	12 397	10 329	-19 543	4 921	-189 276	-171 260
Number Shares Issued Fully Paid										2	2	2
Other Creditors					20 036	14 208				343	69 746	5 684
Other Inventories										11 565	14 395	8 455
Other Remaining Borrowings					238	841				4 717	134 468	95 494
Par Value Share		1	1	1	1						1	1
Percentage Class Share Held In Subsidiary											100	100
Prepayments										17 299	16 010	28 805
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal						6 182	6 374	5 102	12 208	17 299
Profit Loss					66 173	47 203
Property Plant Equipment Gross Cost					55 755	57 036				106 653	172 748	232 713
Provisions For Liabilities Balance Sheet Subtotal					1 956	1 652					20 584	23 473
Raw Materials Consumables					4 950	12 125
Taxation Social Security Payable					15 079	19 575				21 283	49 222	74 655
Total Assets Less Current Liabilities	4 286	3 742	3 290	16 397	13 990	9 353	27 715	22 721	20 338	52 139	192 972	207 098
Total Borrowings					9 037	9 878				41 294	134 468	95 494
Trade Creditors Trade Payables					110 805	125 716				92 790	116 750	122 825
Trade Debtors Trade Receivables					6 887	14 511				1 143	1 981	1 866
Work In Progress					77 901	80 690				58 028	86 446	120 826
Amount Specific Advance Or Credit Made In Period Directors									14 339
Amount Specific Advance Or Credit Repaid In Period Directors									-14 339
Director Remuneration					44 673	48 648				57 527	59 260	61 554
Creditors Due After One Year				12 094	9 037
Creditors Due Within One Year	71 225	89 057	121 101	166 647	149 215
Number Shares Allotted	2	2	2	2	2
Provisions For Liabilities Charges	2 023	1 817	1 712	2 478	1 956
Value Shares Allotted	2	2	2	2	2