This Radwise Limited company has been offering its services for at least twenty four years, as it's been founded in 2000. Registered under the number SC213485, Radwise was set up as a Private Limited Company with office in 2nd Floor, Glasgow G2 6NU. This enterprise's SIC and NACE codes are 74909 which means Other professional, scientific and technical activities not elsewhere classified. Radwise Ltd reported its account information for the financial year up to January 31, 2022. The latest confirmation statement was filed on December 5, 2021.
Radwise Limited
General information
Name:
Radwise Ltd
Office Address:
2nd Floor 18 Bothwell Street G2 6NU Glasgow
Number: SC213485
Incorporation date: 2000-12-05
End of financial year: 31 January
Category: Private Limited Company
Status: Liquidation
Description
Data updated on:
Financial data based on annual reports
| Profit & Loss | |||||||
|---|---|---|---|---|---|---|---|
| Date of Accounts | 2016-01-31 | 2017-01-31 | 2018-01-31 | 2019-01-31 | 2020-01-31 | 2021-01-31 | 2022-01-31 |
| Currency | |||||||
| Balance Sheet | |||||||
| Cash Bank On Hand | 559 979 | 346 105 | 108 236 | 1 117 418 | 1 102 293 | 348 051 | 532 624 |
| Current Assets | 4 116 655 | 3 708 361 | 3 663 667 | 3 747 549 | 3 058 121 | 2 980 917 | 3 433 140 |
| Debtors | 3 556 676 | 3 362 256 | 3 555 431 | 2 630 131 | 1 955 828 | 2 820 262 | 2 900 516 |
| Net Assets Liabilities | 3 104 599 | 2 907 960 | 2 233 837 | 2 738 458 | 2 458 749 | 2 555 081 | 2 513 225 |
| Other Debtors | 1 184 130 | 1 408 575 | 447 143 | 354 945 | 1 171 157 | 1 106 798 | |
| Property Plant Equipment | 144 849 | 137 306 | 149 301 | 126 555 | 91 426 | 58 524 | 23 720 |
| Other Financial Data | |||||||
| Audit Fees Expenses | 8 000 | 8 000 | 8 000 | 8 250 | 10 000 | 10 000 | |
| Accrued Liabilities Deferred Income | 272 795 | 155 362 | 216 131 | 194 744 | 206 267 | 215 531 | |
| Accumulated Depreciation Impairment Property Plant Equipment | 43 023 | 69 574 | 100 951 | 134 649 | 169 778 | 147 079 | 118 564 |
| Additions Other Than Through Business Combinations Property Plant Equipment | 19 008 | 43 372 | 10 952 | 2 263 | |||
| Administrative Expenses | 800 507 | 978 588 | 718 867 | 1 833 214 | 1 348 694 | 923 634 | |
| Amounts Recoverable On Contracts | 389 651 | 498 365 | 533 025 | 515 587 | 248 717 | 174 731 | |
| Average Number Employees During Period | 86 | 75 | 76 | 78 | 40 | 38 | 157 |
| Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment | -2 784 750 | ||||||
| Cash Cash Equivalents Cash Flow Value | 108 236 | 1 117 418 | 1 102 293 | 348 051 | |||
| Cash Flows From Disposal Or Reduction In Control Over Subsidiaries Or Other Businesses | 510 | -510 | |||||
| Corporation Tax Payable | 162 331 | 144 136 | 27 025 | 207 076 | 25 716 | -187 396 | |
| Cost Sales | 14 172 552 | 12 147 472 | 12 810 892 | 12 169 970 | 9 857 101 | 6 891 280 | |
| Creditors | 1 129 676 | 913 118 | 1 552 127 | 1 113 653 | 675 448 | 662 829 | 943 635 |
| Current Tax For Period | 324 366 | 240 132 | 194 889 | 300 051 | 153 640 | 99 390 | |
| Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period | -245 | ||||||
| Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences | 22 991 | -3 150 | 2 415 | -5 011 | -6 643 | -6 423 | |
| Depreciation Expense Property Plant Equipment | 9 943 | 26 551 | 31 377 | 33 699 | 35 129 | 29 574 | |
| Depreciation Impairment Expense Property Plant Equipment | 33 699 | 35 129 | 29 574 | ||||
| Dividends Paid | 1 050 001 | 1 050 000 | 1 500 000 | 750 000 | 900 000 | 300 000 | |
| Dividends Paid Classified As Financing Activities | -1 050 001 | -1 050 000 | -1 500 000 | -750 000 | -900 000 | -300 000 | |
| Dividends Paid On Shares Interim | 750 000 | 900 000 | 300 000 | ||||
| Fixed Assets | 145 359 | 137 306 | |||||
| Further Item Tax Increase Decrease Component Adjusting Items | -159 | -4 | |||||
| Future Minimum Lease Payments Under Non-cancellable Operating Leases | 121 315 | 85 315 | 49 315 | 13 315 | |||
| Gain Loss In Cash Flows From Change In Creditors Trade Other Payables | 618 526 | 256 845 | -13 097 | ||||
| Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables | -1 225 300 | -674 303 | 527 038 | ||||
| Gain Loss On Disposals Property Plant Equipment | 2 409 | ||||||
| Government Grant Income | 50 071 | ||||||
| Gross Profit Loss | 2 514 347 | 2 067 967 | 1 741 970 | 2 261 646 | 2 115 147 | 1 362 862 | |
| Impairment Loss Reversal On Investments | 510 | ||||||
| Income Taxes Paid Refund Classified As Operating Activities | -205 216 | -258 327 | -312 000 | -120 000 | -335 000 | -312 502 | |
| Increase From Depreciation Charge For Year Property Plant Equipment | 26 551 | 31 377 | 33 699 | 35 129 | 29 574 | 20 067 | |
| Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts | 57 208 | 57 200 | |||||
| Interest Income On Bank Deposits | 1 233 | 1 359 | 78 | -61 | |||
| Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss | 1 233 | 1 359 | 78 | -61 | |||
| Interest Received Classified As Investing Activities | -3 268 | -1 474 | -78 | 61 | -835 | ||
| Investments Fixed Assets | 510 | ||||||
| Key Management Personnel Compensation Total | 207 994 | 170 951 | 132 207 | ||||
| Net Cash Flows From Used In Investing Activities | 126 058 | 17 534 | 43 294 | 311 013 | -835 | 144 263 | |
| Net Cash Flows From Used In Operating Activities | -784 793 | -853 662 | -1 305 425 | -2 070 195 | -884 040 | 309 979 | |
| Net Cash Generated From Operations | -2 190 195 | -1 219 040 | |||||
| Net Current Assets Liabilities | 2 986 979 | 2 795 243 | 2 111 540 | 2 633 896 | 2 382 673 | 2 505 484 | 2 489 505 |
| Net Finance Income Costs | 3 268 | 1 474 | 78 | -61 | 835 | ||
| Number Shares Issued Fully Paid | 99 | 99 | 99 | 99 | 99 | ||
| Operating Profit Loss | 1 713 840 | 1 089 379 | 1 023 103 | 1 549 722 | 766 453 | 489 299 | |
| Other Creditors | 4 328 | 6 394 | 472 629 | 9 797 | 9 812 | 11 540 | 183 416 |
| Other Disposals Decrease In Depreciation Impairment Property Plant Equipment | 52 273 | 48 582 | |||||
| Other Disposals Property Plant Equipment | 57 864 | 63 319 | |||||
| Other Interest Income | 835 | ||||||
| Other Interest Receivable Similar Income Finance Income | 3 268 | 1 474 | 78 | -61 | 835 | ||
| Other Operating Income Format1 | 50 071 | ||||||
| Other Taxation Social Security Payable | 419 276 | 364 374 | 533 187 | 483 567 | 351 085 | 341 480 | 754 918 |
| Par Value Share | 1 | 1 | 1 | 1 | 1 | ||
| Pension Other Post-employment Benefit Costs Other Pension Costs | 200 926 | 235 466 | 170 329 | 114 912 | 97 844 | 112 610 | |
| Percentage Class Share Held In Subsidiary | 51 | ||||||
| Prepayments Accrued Income | 111 293 | 43 091 | 37 752 | 25 181 | 30 671 | 49 137 | |
| Proceeds From Borrowings Classified As Financing Activities | -1 | ||||||
| Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments | 300 000 | 150 000 | |||||
| Proceeds From Sales Other Long-term Assets Classified As Investing Activities | 510 | ||||||
| Proceeds From Sales Property Plant Equipment | -8 000 | ||||||
| Profit Loss | 1 369 751 | 853 361 | 825 877 | 1 254 621 | 620 291 | 396 332 | |
| Profit Loss On Ordinary Activities Before Tax | 1 717 108 | 1 090 343 | 1 023 181 | 1 549 661 | 767 288 | 489 299 | |
| Property Plant Equipment Gross Cost | 187 872 | 206 880 | 250 252 | 261 204 | 261 204 | 205 603 | 142 284 |
| Provisions For Liabilities Balance Sheet Subtotal | 27 739 | 24 589 | 27 004 | 21 993 | 15 350 | 8 927 | |
| Purchase Property Plant Equipment | -128 816 | -19 008 | -43 372 | -10 952 | -2 263 | ||
| Repayments Borrowings Classified As Financing Activities | -2 | ||||||
| Social Security Costs | 400 785 | 369 457 | 386 454 | 401 158 | 244 617 | 207 602 | |
| Staff Costs Employee Benefits Expense | 4 506 963 | 4 216 645 | 4 196 547 | 4 465 026 | 2 310 484 | 2 061 674 | |
| Taxation Including Deferred Taxation Balance Sheet Subtotal | 27 739 | 24 589 | 27 004 | 21 993 | 15 350 | 8 927 | |
| Tax Expense Credit Applicable Tax Rate | 294 436 | 145 785 | 92 967 | ||||
| Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings | -1 294 | ||||||
| Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss | 1 592 | 20 207 | 1 267 | 604 | 1 212 | ||
| Tax Tax Credit On Profit Or Loss On Ordinary Activities | 347 357 | 236 982 | 197 304 | 295 040 | 146 997 | 92 967 | |
| Total Assets Less Current Liabilities | 3 132 338 | 2 932 549 | 2 260 841 | 2 760 451 | 2 474 099 | 2 564 008 | 2 513 225 |
| Total Operating Lease Payments | 57 200 | 59 932 | 55 761 | 51 356 | 39 150 | ||
| Trade Creditors Trade Payables | 270 946 | 242 852 | 303 155 | 218 469 | 82 568 | 94 278 | 5 301 |
| Trade Debtors Trade Receivables | 1 871 602 | 1 412 225 | 2 984 654 | 1 642 220 | 1 321 495 | 1 649 105 | 1 793 718 |
| Turnover Revenue | 16 686 899 | 14 215 439 | 14 552 862 | 15 552 906 | 11 972 248 | 8 254 142 | |
| Wages Salaries | 3 905 252 | 3 611 722 | 3 639 764 | 3 948 956 | 1 968 023 | 1 741 462 | |
| Company Contributions To Defined Benefit Plans Directors | 84 180 | 128 076 | 54 855 | 3 636 | 13 389 | 30 000 | |
| Director Remuneration | 207 994 | 170 951 | 132 207 | ||||
| Director Remuneration Benefits Including Payments To Third Parties | 211 630 | 184 340 | 162 207 | ||||
Company staff
David M.
Role: Director
Appointed: 05 December 2000
Latest update: 19 March 2024
Paul A.
Role: Secretary
Appointed: 05 December 2000
Latest update: 19 March 2024
Paul A.
Role: Director
Appointed: 05 December 2000
Latest update: 19 March 2024
Iain A.
Role: Director
Appointed: 05 December 2000
Latest update: 19 March 2024
People with significant control
Iain A.
Notified on
6 April 2016
Nature of control:
substantial control or influence
David M.
Notified on
6 April 2016
Nature of control:
substantial control or influence
Accounts Documents
| Account next due date | 31 October 2023 |
| Account last made up date | 31 January 2022 |
| Confirmation statement next due date | 19 December 2022 |
| Confirmation statement last made up date | 05 December 2021 |
| Annual Accounts | |
|---|---|
| Start Date For Period Covered By Report | 2016-02-01 |
| Annual Accounts | |
| Start Date For Period Covered By Report | 2017-02-01 |
| End Date For Period Covered By Report | 2018-01-31 |
| Annual Accounts | |
| Start Date For Period Covered By Report | 2018-02-01 |
| End Date For Period Covered By Report | 2019-01-31 |
| Annual Accounts | |
| Start Date For Period Covered By Report | 2019-02-01 |
| End Date For Period Covered By Report | 2020-01-31 |
| Annual Accounts | |
| Start Date For Period Covered By Report | 2020-02-01 |
| End Date For Period Covered By Report | 2021-01-31 |
| Annual Accounts | |
| Start Date For Period Covered By Report | 2021-02-01 |
| End Date For Period Covered By Report | 2022-01-31 |
| Annual Accounts | |
| End Date For Period Covered By Report | 2017-01-31 |
Jobs and Vacancies at Radwise Ltd
| Business Support Officer in Irvine, posted on Friday 1st December 2017 | |
|---|---|
| Region / City | Scotland, Irvine |
| Industry | Business services - other |
| Salary | From £8.50 to £12.00 per hour |
| Experience | at least two years |
| Job type | full time |
| Career level | experienced (non-managerial) |
| Education level | a HND/HNC or equivalent |
| Job reference code | RWL/HRV/2016/1 |
| Business Support Officer Admin in Irvine, posted on Thursday 21st September 2017 | |
| Region / City | Scotland, Irvine |
| Industry | Business services - other |
| Salary | From £7.50 to £10.00 per hour |
| Experience | at least one year |
| Job type | full time |
| Career level | experienced (non-managerial) |
| Education level | a HND/HNC or equivalent |
| Trainee health physics monitor in Leiston, posted on Monday 2nd June 2014 | |
| Region / City | North West, Leiston |
| Industry | Energy sector |
| Job type | full time |
| Career level | entry level employees |
| Education level | a CSE or its equivalent |
Company filings
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Total exemption full accounts record for the accounting period up to 2022/01/31 (AA)
filed on: 28th, October 2022
filed on: 28th, October 2022
accounts
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