Red Composites (UK) Limited in Newport, PO30 5FA

Description

Data updated on: 01-11-2023

Red Composites (UK) came into being in 2010 as a company enlisted under no 07170103, located at PO30 5FA Newport at 24 Manners View. The company has been in business for fourteen years and its last known state is active. This enterprise's Standard Industrial Classification Code is 20600 and their NACE code stands for Manufacture of man-made fibres. Red Composites (UK) Ltd filed its latest accounts for the financial year up to Tue, 28th Feb 2023. The firm's most recent confirmation statement was submitted on Sat, 25th Feb 2023.

Council Southampton City Council can be found among the counter parties that cooperate with the company. In 2015, this cooperation amounted to at least 5,250 pounds of revenue. In 2014 the company had 1 transaction that yielded 29,750 pounds. Cooperation with the Southampton City Council council covered the following areas: Grants.

In order to meet the requirements of their clientele, the following business is continually being directed by a unit of two directors who are Iain C. and Jeremy D.. Their constant collaboration has been of great use to this business for eleven years.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-02-28	2016-02-29	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency
Net Worth	71 797	369 673

Balance Sheet
Cash Bank On Hand		366 180	331 698	182 217	181 428	193 721	340 541	256 240	718 796
Current Assets	129 496	527 356	423 910	253 815	234 887	385 210	807 356	817 957	1 323 312
Debtors	19 686	141 176	25 250	48 747	33 621	150 700	299 260	322 376	424 212
Net Assets Liabilities		369 673	451 859	295 965	267 749	339 359	477 857	601 777	908 201
Other Debtors		39 757	17 178	6 604	3 750	4 656	5 547	7 099	9 743
Property Plant Equipment		144 010	100 443	60 964	46 742	36 083	38 836	58 534	89 464
Total Inventories		20 000	66 962	22 851	19 838	40 789	167 555	239 341	180 304
Cash Bank In Hand	89 810	366 180
Stocks Inventory	20 000	20 000
Tangible Fixed Assets	65 611	144 010

Capital & Reserves
Called Up Share Capital	300	300
Profit Loss Account Reserve	21 597	319 473
Shareholder Funds	71 797	369 673

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal		21 169	10 585
Accumulated Depreciation Impairment Property Plant Equipment		130 686	178 335	217 814	233 432	245 475	256 015	285 565	237 458
Average Number Employees During Period			9	5	2	4	7	14	15
Bank Borrowings Overdrafts							50 000
Capital Commitments								48 750
Corporation Tax Payable		128 287	36 274			8 240	39 860	73 319	169 326
Corporation Tax Recoverable				36 274
Creditors		252 524	43 453	7 745	13 880	75 434	361 235	263 814	487 765
Financial Commitments Other Than Capital Commitments				7 611	6 963
Future Minimum Lease Payments Under Non-cancellable Operating Leases					6 963	5 625	5 625	5 625	6 075
Increase From Depreciation Charge For Year Property Plant Equipment			47 649	39 479	15 618	12 043	13 248	29 550	24 221
Loan Commitments		7 945	13 569	7 611
Net Current Assets Liabilities	46 774	274 832	380 457	246 070	221 007	309 776	446 121	554 143	835 547
Number Shares Issued Fully Paid			300	300
Other Creditors		2 384	2 199	2 074	2 031	3 434	4 532	20 103	44 671
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment							2 708		72 328
Other Disposals Property Plant Equipment							2 708		73 480
Other Taxation Social Security Payable		10 694	3 404	5 171	8 223	13 843	73 567	52 165	108 017
Par Value Share		1	1	1
Property Plant Equipment Gross Cost		274 696	278 778	278 778	280 174	281 558	294 851	344 099	326 922
Provisions For Liabilities Balance Sheet Subtotal		28 000	18 456	11 069		6 500	7 100	10 900	16 810
Taxation Including Deferred Taxation Balance Sheet Subtotal		28 000	18 456
Total Additions Including From Business Combinations Property Plant Equipment			4 082		1 396	1 384	16 001	49 248	56 303
Total Assets Less Current Liabilities	112 385	418 842	480 900	307 034	267 749	345 859	484 957	612 677	925 011
Trade Creditors Trade Payables		111 159	1 576	500	3 626	49 917	193 276	118 227	165 751
Trade Debtors Trade Receivables		101 419	8 072	5 869	29 871	146 044	293 713	315 277	414 469
Accruals Deferred Income	28 502	21 169
Creditors Due Within One Year	82 722	252 524
Number Shares Allotted		300
Provisions For Liabilities Charges	12 086	28 000
Share Capital Allotted Called Up Paid	300	300
Share Premium Account	49 900	49 900
Tangible Fixed Assets Additions		135 348
Tangible Fixed Assets Cost Or Valuation	139 348	274 696
Tangible Fixed Assets Depreciation	73 737	130 686
Tangible Fixed Assets Depreciation Charged In Period		56 949

Company staff

Iain C.

Role: Director

Appointed: 01 August 2013

Latest update: 2 April 2024

Jeremy D.

Role: Director

Appointed: 25 February 2010

Latest update: 2 April 2024

People with significant control

Executives with significant control over this firm are: Jeremy D. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Iain C. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Derek N. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Jeremy D.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Iain C.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Derek N.

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	30 November 2024
Account last made up date	28 February 2023
Confirmation statement next due date	10 March 2024
Confirmation statement last made up date	25 February 2023

Annual Accounts 15 August 2016
Start Date For Period Covered By Report	2015-03-01
End Date For Period Covered By Report	2016-02-29
Date Approval Accounts	15 August 2016
Annual Accounts
Start Date For Period Covered By Report	2016-03-01
End Date For Period Covered By Report	2017-02-28
Annual Accounts
Start Date For Period Covered By Report	2017-03-01
End Date For Period Covered By Report	2018-02-28
Annual Accounts
Start Date For Period Covered By Report	2018-03-01
End Date For Period Covered By Report	2019-02-28
Annual Accounts
Start Date For Period Covered By Report	2019-03-01
End Date For Period Covered By Report	2020-02-29
Annual Accounts
Start Date For Period Covered By Report	2020-03-01
End Date For Period Covered By Report	2021-02-28
Annual Accounts
Start Date For Period Covered By Report	2021-03-01
End Date For Period Covered By Report	2022-02-28
Annual Accounts
Start Date For Period Covered By Report	2022-03-01
End Date For Period Covered By Report	2023-02-28

Year / Transaction date	Council / Department / Transaction ID	No. of trans.	Total trans. value
2015	Southampton City Council	1	£ 5 250.00
2015-06-26	4271690		£ 5 250.00	Grants
2014	Southampton City Council	1	£ 29 750.00
2014-09-10	4265868		£ 29 750.00	Grants

Year / Transaction date

Council / Department / Transaction ID

No. of trans.

Total trans. value

2015

Southampton City Council

£ 5 250.00

2015-06-26

4271690

£ 5 250.00

Grants

2014

Southampton City Council

£ 29 750.00

2014-09-10

4265868

£ 29 750.00

Grants

Red Composites (UK) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Iain C.

Jeremy D.

Derek N.

James T.

People with significant control

Jeremy D.

Iain C.

Derek N.

Accounts Documents

Company filings

Filing category

Company's financial transactions

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