Rapid Welding And Industrial Supplies Limited in Portchester Park Cosham, PO6 4QE

Description

Data updated on: 01-11-2023

Rapid Welding And Industrial Supplies started conducting its operations in 1989 as a Private Limited Company with reg. no. 02431802. This business has been active for 35 years and the present status is active. This firm's head office is registered in Portchester Park Cosham at Unit 2d. You could also locate this business using its post code of PO6 4QE. This enterprise's registered with SIC code 46140 which stands for Agents involved in the sale of machinery, industrial equipment, ships and aircraft. Its most recent filed accounts documents describe the period up to 2023-03-31 and the most recent annual confirmation statement was submitted on 2023-08-29.

Robert E., James E., David A. and 3 other members of the Management Board who might be found within the Company Staff section of this page are listed as firm's directors and have been managing the firm since March 2022. In order to provide support to the directors, the limited company has been utilizing the skills of Robert E. as a secretary since 1991.

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	266 663	291 581	301 284	316 712

Balance Sheet
Cash Bank On Hand				236 355	374 536	324 671	514 572	605 766	450 194	481 086	396 244
Current Assets	924 387	860 554	821 141	863 045	1 013 083	871 605	1 116 866	1 386 309	1 357 463	1 351 418	1 699 896
Debtors	482 944	508 992	415 244	476 908	442 872	358 983	383 055	509 300	519 267	502 989	766 567
Net Assets Liabilities				316 713	399 738	374 231	379 883	462 217	576 918	587 532	712 674
Other Debtors						-2 466	700	116	845	425
Property Plant Equipment				114 922	128 044	163 867	142 924	186 978	187 389	148 308	157 399
Total Inventories				149 782	195 675	187 951	219 239	271 243	388 002	367 343	537 085
Cash Bank In Hand	259 364	212 617	238 308	236 355
Intangible Fixed Assets				4 800
Net Assets Liabilities Including Pension Asset Liability	266 663	291 581	301 284	316 712
Stocks Inventory	182 079	138 945	167 589	149 782
Tangible Fixed Assets	118 519	141 372	146 125	114 920

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	265 663	290 581	300 284	315 712
Shareholder Funds	266 663	291 581	301 284	316 712

Other Financial Data
Accrued Liabilities						22 727	40 597	85 889	66 550	61 365	65 095
Accrued Liabilities Not Expressed Within Creditors Subtotal				-20 937	-26 225	-22 727
Accumulated Amortisation Impairment Intangible Assets				1 200	2 400	3 600	4 800	6 000	6 000	6 000	6 000
Accumulated Depreciation Impairment Property Plant Equipment				399 994	405 679	437 870	446 197	454 725	470 064	517 726	516 570
Additions Other Than Through Business Combinations Property Plant Equipment					55 807	73 764	29 566	96 052	51 400	8 581	70 703
Average Number Employees During Period				26	26	27	27	29	27	27	27
Balances Amounts Owed By Related Parties				46 995
Balances Amounts Owed To Related Parties					2 321
Bank Overdrafts						27				5 600	9 306
Creditors				5 643	35 907	35 433	18 760	47 028	62 717	33 690	30 630
Disposals Decrease In Depreciation Impairment Property Plant Equipment					-24 214	-2 841	-35 167	-39 996	-32 848		-45 735
Disposals Property Plant Equipment					-37 000	-5 750	-42 182	-43 470	-35 650		-62 768
Dividend Per Share Interim					116	112	139	127	160	128	102
Dividends Paid On Shares Final				122 000	116 000
Finance Lease Liabilities Present Value Total						35 433	18 760	47 028	39 817	29 027	32 923
Finished Goods Goods For Resale				149 782	195 675	187 951	219 239	271 243	388 002	367 343	537 085
Fixed Assets	118 519	350 153	354 906	328 501	340 426	375 049	352 906	354 003	354 414	315 333	324 424
Further Item Creditors Component Total Creditors							8 127	19 864
Income From Related Parties				141 154	178 172
Increase From Amortisation Charge For Year Intangible Assets					1 200	1 200	1 200	1 200
Increase From Depreciation Charge For Year Property Plant Equipment					29 899	35 032	43 494	48 524	48 187	47 662	44 579
Intangible Assets				4 800	3 600	2 400	1 200
Intangible Assets Gross Cost				6 000	6 000	6 000	6 000	6 000	6 000	6 000	6 000
Investments Fixed Assets		208 781	208 781	208 781	208 782	208 782	208 782	167 025	167 025	167 025	167 025
Investments In Group Undertakings Participating Interests					208 782	208 782
Investments In Subsidiaries				208 782	208 782	208 782	208 782	167 025	167 025	167 025	167 025
Net Current Assets Liabilities	185 626	41 481	-9 475	10 555	132 404	45 574	56 696	176 459	307 092	323 061	435 978
Number Shares Issued Fully Paid					1 000	1 000	1 000	1 000	1 000	1 000	1 000
Other Creditors						13 079	34 939	567		3 988	4 320
Ownership Interest In Subsidiary Percent				100	100	100	100
Par Value Share		1	1	1	116	1	1	1	1	1	1
Payments To Related Parties				28 670	20 316
Percentage Class Share Held In Subsidiary							100	80	80	80	80
Prepayments						25 849	36 461	31 668	21 768	21 248	61 712
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal				36 789	25 282	25 850
Property Plant Equipment Gross Cost				514 916	533 723	601 737	589 121	641 703	657 453	666 034	673 969
Provisions For Liabilities Balance Sheet Subtotal				16 701	10 960	10 959	10 959	21 217	21 871	17 172	17 098
Taxation Social Security Payable						102 317	127 396	149 484	132 981	122 647	138 963
Total Assets Less Current Liabilities	304 145	391 634	345 431	339 056	472 830	420 623	409 602	530 462	661 506	638 394	760 402
Total Borrowings						35 433	18 760	47 028	62 717	33 690	30 630
Trade Creditors Trade Payables						670 336	869 327	941 526	811 023	805 730	1 013 311
Trade Debtors Trade Receivables						335 600	345 894	477 517	496 654	481 316	704 855
Company Contributions To Money Purchase Plans Directors						55 000	907	1 513	1 513	1 878	103 486
Director Remuneration					52 446	52 446	161 418	192 508	190 102	196 290	210 456
Creditors Due After One Year	16 294	73 503	21 093	5 643
Creditors Due Within One Year	738 761	819 073	830 616	852 490
Number Shares Allotted	1 000	1 000	1 000	1 000
Percentage Subsidiary Held		100	100	100
Provisions For Liabilities Charges	21 188	26 550	23 054	16 701
Value Shares Allotted	1 000	1 000	1 000	1 000

People with significant control

Executives with significant control over the firm are: Roy E. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Robert E. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Roy E.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Robert E.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	12 September 2024
Confirmation statement last made up date	29 August 2023

Annual Accounts
Start Date For Period Covered By Report	2013-04-01
Annual Accounts 13 May 2015
Start Date For Period Covered By Report	2014-04-01
End Date For Period Covered By Report	2015-03-31
Date Approval Accounts	13 May 2015
Annual Accounts 13 June 2016
Start Date For Period Covered By Report	2015-04-01
End Date For Period Covered By Report	2016-03-31
Date Approval Accounts	13 June 2016
Annual Accounts
Start Date For Period Covered By Report	2016-04-01
End Date For Period Covered By Report	2017-03-31
Annual Accounts
Start Date For Period Covered By Report	2017-04-01
End Date For Period Covered By Report	2018-03-31
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	2019-03-31
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31
Annual Accounts 22 July 2014
End Date For Period Covered By Report	2014-03-31
Date Approval Accounts	22 July 2014

Rapid Welding And Industrial Supplies Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Robert E.

James E.

David A.

Andrew D.

Stuart R.

Roy E.

Robert E.

Roy E.

People with significant control

Roy E.

Robert E.

Accounts Documents

Company filings

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