Red Diamond Distribution Limited in Walsall, WS2 8DQ

Description

Data updated on: 01-11-2023

Red Diamond Distribution started its business in 2013 as a Private Limited Company under the ID 08590099. This particular company has operated for 11 years and it's currently active. The firm's headquarters is based in Walsall at Unit 4 Leftfield Park. Anyone could also locate the firm by its postal code of WS2 8DQ. This firm's classified under the NACE and SIC code 96090 which stands for Other service activities not elsewhere classified. Red Diamond Distribution Ltd reported its account information for the period up to 2022-06-30. The business most recent confirmation statement was submitted on 2023-06-28.

On 12th January 2017, the company was seeking a Sales Support to fill a full time position in Walsall, Midlands. They offered a full time job with wage from £9.2 to £10.8 per hour. The offered position required experienced worker and a GCSE. While sending your application include reference code Sales Support.

When it comes to the enterprise's directors directory, since 2022 there have been three directors: Benjamin H., Johannes S. and Ulf T..

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-06-30	2022-06-30
Currency

Balance Sheet
Cash Bank On Hand	2 683 564	1 169 131
Current Assets	7 012 041	6 905 794
Debtors	3 477 572	4 368 200
Net Assets Liabilities	5 715 641	3 997 751
Other Debtors	14 623	23 973
Property Plant Equipment	746 167	782 932
Total Inventories	850 905	1 368 463

Other Financial Data
Audit Fees Expenses		17 750
Accrued Liabilities Deferred Income	22 957	228 281
Accumulated Depreciation Impairment Property Plant Equipment	633 045	619 052
Additions Other Than Through Business Combinations Property Plant Equipment		450 711
Administrative Expenses	922 611	1 445 207
Amounts Owed By Associates Joint Ventures Participating Interests	731 298
Amounts Owed By Group Undertakings	322 731	1 925 906
Amounts Owed To Group Undertakings	165 527
Average Number Employees During Period		10
Cash Cash Equivalents Cash Flow Value	2 683 564	1 169 131
Cash Flows From Disposal Or Reduction In Control Over Subsidiaries Or Other Businesses	3 077 215
Cash Receipts From Sales Interests In Associates	170 375	-170 375
Corporation Tax Payable	377 970	145 656
Cost Sales	16 544 378	19 800 628
Creditors	279 088	292 807
Current Tax For Period	330 000	347 487
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period		45 285
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences		45 285
Depreciation Expense Property Plant Equipment	248 302
Depreciation Impairment Expense Property Plant Equipment	248 302	244 251
Dividend Income From Group Undertakings	240 000	160 000
Dividends Paid	151 287	3 283 991
Dividends Paid Classified As Financing Activities	-151 287	-3 283 991
Dividends Paid On Shares Interim		3 283 991
Dividends Received Classified As Investing Activities	-240 000	-160 000
Finance Lease Liabilities Present Value Total	279 088	292 807
Finished Goods Goods For Resale	850 905	1 368 463
Fixed Assets	3 993 757	782 932
Further Item Interest Expense Component Total Interest Expense		150
Further Item Tax Increase Decrease Component Adjusting Items		-19 023
Future Minimum Lease Payments Under Non-cancellable Operating Leases	40 852
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-3 927	2 465
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-4 236 730
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	3 477 572	890 628
Gain Loss In Cash Flows From Change In Inventories	850 905	517 558
Gain Loss On Disposals Property Plant Equipment		9 900
Gross Profit Loss	2 701 172	3 253 953
Income Taxes Paid Refund Classified As Operating Activities	197 970	-579 801
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	686 033	1 514 433
Increase From Depreciation Charge For Year Property Plant Equipment		244 251
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	50 409	23 275
Interest Income	17 897	13 552
Interest Income On Bank Deposits	4 434	3 197
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	4 434	3 197
Interest Paid Classified As Operating Activities	-50 409	-23 425
Interest Payable Similar Charges Finance Costs	50 409	23 425
Interest Received Classified As Investing Activities	-17 897	-13 552
Investments	3 247 590
Investments Fixed Assets	3 247 590
Investments In Associates	170 375
Investments In Subsidiaries	3 077 215
Net Cash Generated From Operations	-2 034 429	1 165 797
Net Current Assets Liabilities	2 222 386	3 777 833
Net Finance Income Costs	257 897	173 552
Operating Profit Loss	1 806 460	1 808 746
Other Creditors	512 427	88 235
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		258 244
Other Disposals Property Plant Equipment		427 939
Other Interest Income	13 463	10 355
Other Interest Receivable Similar Income Finance Income	257 897	173 552
Other Operating Income Format1	27 899
Other Provisions Balance Sheet Subtotal	71 414	74 922
Other Taxation Social Security Payable	1 593 038	891 510
Payments Finance Lease Liabilities Classified As Financing Activities	454 043	115 554
Pension Other Post-employment Benefit Costs Other Pension Costs	44 507	39 826
Prepayments Accrued Income	8 468	22 666
Proceeds From Sales Property Plant Equipment	-238 354	-179 595
Profit Loss	1 683 948	1 566 101
Profit Loss On Ordinary Activities Before Tax	2 013 948	1 958 873
Property Plant Equipment Gross Cost	1 379 212	1 401 984
Purchase Property Plant Equipment	-419 440	-450 711
Social Security Costs	37 200	39 122
Staff Costs Employee Benefits Expense	443 869	453 405
Taxation Including Deferred Taxation Balance Sheet Subtotal	150 000	195 285
Tax Decrease Increase From Effect Revenue Exempt From Taxation		32 281
Tax Expense Credit Applicable Tax Rate	382 650	372 186
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings	-52 650
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		26 605
Tax Tax Credit On Profit Or Loss On Ordinary Activities	330 000	392 772
Total Assets Less Current Liabilities	6 216 143	4 560 765
Total Increase Decrease In Provisions		-3 508
Total Operating Lease Payments	119 047	95 050
Trade Creditors Trade Payables	1 942 781	1 497 489
Trade Debtors Trade Receivables	2 400 452	2 395 655
Turnover Revenue	19 245 550	23 054 581
Wages Salaries	362 162	374 457
Director Remuneration	88 083	85 500
Director Remuneration Benefits Including Payments To Third Parties	88 083	85 500