Ready Foods Limited in Oswestry, SY10 8BH

Description

Data updated on: 01-11-2023

Ready Foods Limited,registered as Private Limited Company, that is based in The Mill, Morton, Oswestry. The head office's zip code is SY10 8BH. The enterprise was set up on 17th August 2005. The business Companies House Registration Number is 05538853. Registered as Forestree, the company used the business name up till 2005, the year it was replaced by Ready Foods Limited. The enterprise's SIC code is 10850, that means Manufacture of prepared meals and dishes. The business latest annual accounts were submitted for the period up to 2022-03-31 and the latest annual confirmation statement was filed on 2023-05-19.

On 2014-06-03, the enterprise was recruiting a Sales and New product Development Executive to fill a full time vacancy in the food production in Caernarfon, Wales. Candidates for the post were asked to contact the company at the following email address: recruitment@readyfoods.co.ukwith reference number Sal Ex.

From the information we have gathered, the limited company was created in August 2005 and has so far been managed by four directors, and out of them three (Stephen K., Stephen W. and Iwan T.) are still active. Additionally, the managing director's efforts are backed by a secretary - Stephen W., who was appointed by the limited company in August 2005.

Previous company's names
Ready Foods Limited 2005-09-16
Forestree Limited 2005-08-17

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	107 041	406 636	245 443	79 635
Current Assets	2 779 737	2 227 846	3 128 467	3 415 541
Debtors	1 119 720	698 306	1 712 316	1 681 414
Net Assets Liabilities	755 198	744 810	1 061 516	1 618 785
Other Debtors	20 420	35 462	7 844	848
Property Plant Equipment	3 091 959	3 114 006	3 007 785	3 083 286
Total Inventories	1 552 976	1 122 904	1 170 708	1 654 492

Other Financial Data
Audit Fees Expenses	12 163	12 875	10 922	14 375
Fees For Non-audit Services	1 305	1 248	1 480	2 100
Amount Specific Advance Or Credit Directors	7 815	7 447
Amount Specific Advance Or Credit Made In Period Directors	733	123
Amount Specific Advance Or Credit Repaid In Period Directors	23 878	491	7 447
Company Contributions To Money Purchase Plans Directors	3 641	2 170	2 346	2 710
Director Remuneration	131 893	72 333	78 202	153 025
Number Directors Accruing Benefits Under Money Purchase Scheme	2	1	1	1
Accrued Liabilities	142 243	129 555	395 666	683 340
Accrued Liabilities Not Expressed Within Creditors Subtotal	287 516	279 211	270 907	262 602
Accumulated Depreciation Impairment Property Plant Equipment	2 166 024	2 419 007	2 382 651	2 613 650
Additional Provisions Increase From New Provisions Recognised				76 229
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		-2 955	34 258
Administrative Expenses	2 687 125	2 120 930	2 134 349	2 674 916
Amounts Owed By Directors	7 815	7 447
Amounts Owed By Group Undertakings				13 531
Amounts Owed To Group Undertakings	4 044 215	3 593 149	3 739 113	2 659 906
Applicable Tax Rate	19	19	19	19
Average Number Employees During Period	113	87	100	109
Comprehensive Income Expense	-194 325	-10 388	316 706	557 269
Corporation Tax Recoverable		9 351	59 355	58 251
Cost Sales	8 797 943	5 725 452	9 752 958	9 953 908
Creditors	4 726 814	4 218 618	4 670 358	4 407 740
Current Tax For Period		-9 351	27 299	95 797
Deferred Income		279 211	270 907	262 602
Depreciation Expense Property Plant Equipment	270 120	283 708	295 579	356 903
Disposals Decrease In Depreciation Impairment Property Plant Equipment		30 725	331 935	125 904
Disposals Property Plant Equipment		35 750	343 747	141 067
Distribution Costs	411 559	191 119	235 730	398 124
Further Item Current Tax Expense Credit Component Total Current Tax Expense	-3 814	-1 578
Further Item Interest Expense Component Total Interest Expense		64
Further Operating Expense Item Component Total Operating Expenses	-20 076	-8 305	-8 305	-8 305
Future Minimum Lease Payments Under Non-cancellable Operating Leases	23 600	23 600	23 600	9 900
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	1 540	1 454	5 359	985
Gain Loss On Disposals Property Plant Equipment	-642	1 379	3 354	16 469
Gross Profit Loss	2 924 065	1 844 116	2 707 603	3 796 129
Income From Related Parties	1 043 408	1 074 848	652 775	351 311
Increase Decrease In Current Tax From Adjustment For Prior Periods		-4 940	3 729	7 844
Increase From Depreciation Charge For Year Property Plant Equipment		283 708	295 579	356 903
Interest Expense On Bank Loans Similar Borrowings	1 324	136	167
Interest Expense On Bank Overdrafts	89	95	135	406
Interest Payable Similar Charges Finance Costs	1 413	295	302	406
Loans Owed By Related Parties				13 531
Loans Owed To Related Parties	-4 044 215	-3 593 149	-3 739 113	-2 659 906
Merchandise	1 552 976	1 122 904	1 170 708	1 654 492
Net Current Assets Liabilities	-1 947 077	-1 990 772	-1 541 891	-992 199
Number Shares Issued Fully Paid		119 760	119 760	119 760
Operating Profit Loss	-154 543	-27 318	374 497	731 394
Other Deferred Tax Expense Credit	40 400	-2 955	34 258	76 229
Other Interest Receivable Similar Income Finance Income	2 031	-21	7 797	6 151
Other Operating Income Format1	20 076	440 615	36 973	8 305
Other Remaining Borrowings		3 562 000	3 550 000	2 659 906
Other Taxation Social Security Payable	66 418	40 393	65 756	73 373
Par Value Share		1	1	1
Payments To Related Parties	1 224 337	1 640 453	1 348 683	587 730
Pension Other Post-employment Benefit Costs Other Pension Costs	64 980	45 061	59 535	76 799
Prepayments Accrued Income	25 658	3 405	59 925	38 327
Profit Loss	-194 325	-10 388	316 706	557 269
Profit Loss On Ordinary Activities Before Tax	-153 925	-27 634	381 992	737 139
Property Plant Equipment Gross Cost	5 257 983	5 533 013	5 390 436	5 696 936
Provisions	102 168	99 213	133 471	209 700
Provisions For Liabilities Balance Sheet Subtotal	102 168	99 213	133 471	209 700
Recoverable Value-added Tax	62 368	41 737	24 626	52 940
Social Security Costs	197 092	140 554	181 228	240 835
Staff Costs Employee Benefits Expense	2 832 019	2 172 237	2 471 456	2 962 611
Tax Decrease Increase From Effect Revenue Exempt From Taxation		380
Tax Expense Credit Applicable Tax Rate	-29 246	-5 250	72 578	140 056
Tax Increase Decrease Arising From Group Relief Tax Reconciliation	15 010
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit		-23 604	-30 818
Tax Increase Decrease From Effect Capital Allowances Depreciation	15 725	16 904	-18 348	-42 475
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	2 325	4 557	5 465	-206
Tax Increase Decrease From Other Short-term Timing Differences	40 400	-2 955	34 258	76 229
Tax Increase Decrease From Other Tax Effects Tax Reconciliation		-1 578	-1 578	-1 578
Tax Tax Credit On Profit Or Loss On Ordinary Activities	40 400	-17 246	65 286	179 870
Total Additions Including From Business Combinations Property Plant Equipment		310 780	201 170	447 567
Total Assets Less Current Liabilities	1 144 882	1 123 234	1 465 894	2 091 087
Total Current Tax Expense Credit		-14 291	31 028	103 641
Total Operating Lease Payments	23 600	23 720	24 051	24 394
Trade Creditors Trade Payables	473 938	455 521	469 823	991 121
Trade Debtors Trade Receivables	1 003 459	600 904	1 560 566	1 517 517
Turnover Revenue	11 722 008	7 569 568	12 460 561	13 750 037
Wages Salaries	2 569 947	1 986 622	2 230 693	2 644 977

Company staff

Stephen K.

Role: Director

Appointed: 28 February 2012

Latest update: 28 April 2024

Stephen W.

Role: Secretary

Appointed: 17 August 2005

Latest update: 28 April 2024

Stephen W.

Role: Director

Appointed: 17 August 2005

Latest update: 28 April 2024

Iwan T.

Role: Director

Appointed: 17 August 2005

Latest update: 28 April 2024

People with significant control

The companies that control this firm include: Mvh Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Oswestry at Morton, SY10 8BH, Shropshire and was registered as a PSC under the registration number 04408434.

Mvh Ltd

Address: The Mill Morton, Oswestry, Shropshire, SY10 8BH, United Kingdom

Legal authority Companies Act 2006

Legal form Limited Company

Country registered Uk

Place registered Registrar Of Companies (England & Wales)

Registration number 04408434

Notified on 6 April 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	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	02 June 2024
Confirmation statement last made up date	19 May 2023

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

Sales and New product Development Executive in Caernarfon, posted on Tuesday 3rd June 2014
Region / City	Wales, Caernarfon
Industry	Food production industry
Job type	full time
Application by email	recruitment@readyfoods.co.uk
Job reference code	Sal Ex

Sales and New product Development Executive in Caernarfon, posted on Tuesday 3rd June 2014

Region / City

Wales, Caernarfon

Industry

Food production industry

Job type

full time

Application by email

recruitment@readyfoods.co.uk

Job reference code

Sal Ex

Ready Foods Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Stephen K.

Stephen W.

Stephen W.

Iwan T.

Arthur W.

People with significant control

Mvh Ltd

Accounts Documents

Jobs and Vacancies at Ready Foods Ltd

Company filings

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