Redd Factors Limited in Reading, RG7 4RH

Description

Data updated on: 01-11-2023

The Redd Factors Limited company has been in this business for at least 27 years, as it's been founded in 1997. Started with Companies House Reg No. 03415638, Redd Factors was set up as a Private Limited Company located in The Old Bakery Hyde End Lane, Reading RG7 4RH. This firm's SIC code is 64992 which means Factoring. The firm's most recent annual accounts cover the period up to 2022-12-31 and the most current annual confirmation statement was released on 2023-06-21.

In order to satisfy the clientele, this specific business is constantly being led by a group of three directors who are Christine S., Neil W. and Gregory S.. Their constant collaboration has been of pivotal importance to this business since June 2020. Furthermore, the director's responsibilities are constantly assisted with by a secretary - Kelly H., who joined this business in 2017.

Gregory S. is the individual who has control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
Currency
Net Worth	1 989 612	2 155 517	2 261 725	2 420 603

Balance Sheet
Cash Bank In Hand	336 584	282 449	280 514	229 986
Cash Bank On Hand				229 986	463 665	465 740	931 818	170 189	1 049 650	1 548 077	1 057 777	786 842
Current Assets	8 825 432	13 790 756	14 775 570	9 500 601	10 350 097	9 695 612	5 772 904	3 742 482	5 840 187	4 217 390	4 511 653	4 511 888
Debtors	8 488 848	13 508 307	14 495 056	9 270 615	9 886 432	9 229 872	4 841 086	3 572 293	4 790 537	2 669 313	3 453 876	3 725 046
Other Debtors				383 078	205 084	209 313	761 242	787 990	1 213 769	663	12 860	1 118 305
Property Plant Equipment				1 475	6 266	4 131
Tangible Fixed Assets		6 447	3 622	1 475

Capital & Reserves
Called Up Share Capital	491 656	491 656	491 656	491 656
Profit Loss Account Reserve	1 184 197	1 350 102	1 256 310	1 415 188
Shareholder Funds	1 989 612	2 155 517	2 261 725	2 420 603

Other Financial Data
Accounting Period Subsidiary	2 012
Accumulated Depreciation Impairment Property Plant Equipment				137 667	142 584	147 381	151 512	151 512	151 512	151 512	151 512
Additions Other Than Through Business Combinations Investment Property Fair Value Model					65 616		1 450	1 480
Amounts Owed By Group Undertakings							118 536	376 936	727 024	775 000	750 000	815 538
Amounts Owed To Group Undertakings							23 455	17 810
Average Number Employees During Period					6	6	6	3	3	3	3	3
Bank Borrowings Overdrafts				2 425 169	3 889 759	1 413 505			50 000		14 251	16 643
Bank Overdrafts				2 425 169	3 889 759	1 413 505					14 251	16 643
Creditors				7 794 620	8 616 738	7 763 519	3 885 982	2 029 658	4 029 993	2 274 823	2 412 500	2 302 970
Creditors Due Within One Year	6 935 820	12 259 689	13 170 969	7 794 620
Debtors Due After One Year	-630 210	-632 860	-584 428	-383 078
Dividends Paid						26 000	2 000	10 000			30 000
Fixed Asset Investments Cost Or Valuation	100 000	50 000
Fixed Assets	100 000	624 450	655 552	714 622	785 029	736 535	883 853	1 123 333	1 123 333	1 123 333	1 123 333	1 123 333
Increase From Depreciation Charge For Year Property Plant Equipment					4 917	4 797	4 131
Investment Property				590 277	655 893	655 893	657 343	658 823	658 823	658 823	658 823	658 823
Investment Property Fair Value Model				590 277	655 893	655 893	657 343	658 823	658 823	658 823	658 823
Investments				122 870	122 870	76 511	226 510	464 510	464 510	464 510	464 510	464 510
Investments Fixed Assets	100 000	50 000	122 036	122 870	122 870	76 511	226 510	464 510	464 510	464 510	464 510	464 510
Investments In Group Undertakings				50 000	50 000	1	150 000	388 000	388 000	388 000	388 000	388 000
Net Current Assets Liabilities	1 889 612	1 531 067	1 606 173	1 705 981	1 733 359	1 932 093	1 886 922	1 712 824	1 810 194	1 942 567	2 099 153	2 208 918
Number Shares Allotted		491 656	491 656	491 656
Other Creditors				484 919	68 751	265 600	322 532	497 965	720 493	529 811	520 334	549 356
Other Investments Other Than Loans				72 870	72 870	76 510	76 510	76 510	76 510	76 510	76 510	76 510
Other Taxation Social Security Payable				71 174	72 350	84 205	48 945	25 173	25 326	35 497	50 909	40 308
Par Value Share		1	1	1
Profit Loss						226 239	104 147	83 382	97 370	132 373	186 586
Property Plant Equipment Gross Cost				139 142	148 850	151 512	151 512	151 512	151 512	151 512	151 512
Revaluation Reserve	-200 000	-200 000
Secured Debts	1 996 994	2 928 857	4 087 935	2 425 169
Share Capital Allotted Called Up Paid	491 656	491 656	491 656	491 656
Share Premium Account	513 759	513 759	513 759	513 759
Tangible Fixed Assets Additions		6 967	11 891	231
Tangible Fixed Assets Cost Or Valuation	131 944	138 911	138 911	139 142
Tangible Fixed Assets Depreciation	131 944	132 464	135 289	137 667
Tangible Fixed Assets Depreciation Charged In Period		520	2 825	2 378
Total Additions Including From Business Combinations Property Plant Equipment					9 708	2 662
Total Assets Less Current Liabilities	1 989 612	2 105 517	2 261 725	2 420 603	2 518 388	2 668 628	2 770 775	2 836 157	2 933 527	3 065 900	3 222 486	3 332 251
Trade Creditors Trade Payables				4 813 358	4 585 878	6 000 209	3 491 050	1 488 710	3 234 174	1 709 515	1 827 006	1 696 663
Trade Debtors Trade Receivables				7 604 363	8 217 064	8 243 443	3 747 153	2 192 700	1 682 518	1 273 366	1 572 711	1 379 658
Other Remaining Borrowings									250 000