Reddifast Steels Ltd in West Midlands, B64 7BG

Description

Data updated on: 01-11-2023

This particular company is based in West Midlands under the ID 03715364. The firm was established in 1999. The headquarters of this company is situated at Unit 6 Stourdale Road Cradley Heath. The zip code is B64 7BG. The firm switched its business name already two times. Up to 2001 the company has provided its services under the name of Reddisys & Software but at this moment the company is featured under the name Reddifast Steels Ltd. This firm's registered with SIC code 25990 - Manufacture of other fabricated metal products n.e.c.. Reddifast Steels Limited filed its latest accounts for the financial period up to 2022-03-31. The business latest confirmation statement was submitted on 2023-02-18.

Reddifast Steels Ltd is a small-sized vehicle operator with the licence number OD0266511. The firm has one transport operating centre in the country. In their subsidiary in Cradley Heath , 1 machine is available.

Having four recruitment offers since Thursday 15th September 2016, Reddifast Steels has been quite active on the job market. On Wednesday 9th May 2018, it started seeking new workers for a full time Customer Sales Assistant position in Cradley Heath, and on Thursday 15th September 2016, for the vacant position of a full time Customer Liason in Cradley Heath. They need employees on such posts as: Customer Liaison or Sales co-ordinator.

1 transaction have been registered in 2013 with a sum total of £600. Cooperation with the Solihull Metropolitan Borough Council council covered the following areas: Environmental And Regulatory Services.

Within the following company, the full range of director's tasks have so far been met by Rodney L. who was designated to this position in 1999 in February. Since September 2011 Lynne L., had been performing the duties for this specific company until the resignation three years ago. Furthermore a different director, specifically Herbert B. gave up the position nineteen years ago.

Previous company's names
Reddifast Steels Ltd 2001-07-26
Reddisys & Software Limited 1999-08-02
Block & Lock Limited 1999-02-18

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	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	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-74 828	-71 856	-71 418	-70 446	-45 213

Balance Sheet
Cash Bank On Hand					36 356	10 331	5 275
Current Assets	454 047	495 959	486 883	504 449	504 072	804 621	743 445	577 693	612 497	572 780	751 483	656 111
Debtors	291 302	343 237	327 732	325 702	303 562	466 057	472 926
Net Assets Liabilities					-45 213	-40 200	14 425	15 478	16 508	46 746	80 149	117 822
Other Debtors							9 648
Property Plant Equipment					54 360	43 994	46 157
Total Inventories					164 154	328 233	265 244
Cash Bank In Hand	17 175	9 282	33	5 239	36 356
Net Assets Liabilities Including Pension Asset Liability	-74 828	-71 856	-71 418	-70 446	-45 213
Stocks Inventory	145 570	143 440	159 118	173 508	164 154
Tangible Fixed Assets	45 647	36 598	30 107	26 217	54 360

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	-74 928	-71 956	-71 518	-70 546	-76 261
Shareholder Funds	-74 828	-71 856	-71 418	-70 446	-45 213

Other Financial Data
Accrued Liabilities Deferred Income						8 090	7 985
Accumulated Depreciation Impairment Property Plant Equipment					83 298	97 392	99 027
Additions Other Than Through Business Combinations Property Plant Equipment							12 793
Creditors					74 556	40 273	747 676	587 493	577 207	589 892	661 880	541 339
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences						1 605	678
Finance Lease Liabilities Present Value Total					25 556	12 222	4 408
Increase Decrease In Current Tax From Adjustment For Prior Periods						-7 564	-9 201
Increase From Depreciation Charge For Year Property Plant Equipment						14 094	9 955
Net Current Assets Liabilities	-114 696	-93 825	-99 025	-63 330	-19 201	-36 500	4 231	9 800	35 290	17 112	89 603	114 772
Number Shares Issued Fully Paid						1 000	100
Other Creditors					207 196	2 490	398 387
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment							8 320
Other Disposals Property Plant Equipment							8 995
Other Remaining Borrowings					69 950	49 001	14 993
Other Taxation Social Security Payable					4 078	5 693	54 273
Par Value Share		1	1	1	1	1	1
Prepayments Accrued Income						5 650	4 467
Property Plant Equipment Gross Cost					137 658	141 386	145 184
Provisions For Liabilities Balance Sheet Subtotal					5 816	7 421	8 100	8 100	23 831
Tax Tax Credit On Profit Or Loss On Ordinary Activities						-5 959	-8 523
Total Assets Less Current Liabilities	-69 049	-57 227	-68 918	-37 113	35 159	7 494	41 926	40 072	76 833	19 554	120 620	141 992
Total Borrowings					108 839	74 556	14 993
Trade Creditors Trade Payables					226 684	361 356	252 231
Trade Debtors Trade Receivables					297 881	460 407	458 811
Accrued Liabilities					9 081	8 090
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss						1 605
Average Number Employees During Period						11			9	9	8	8
Creditors Due After One Year	5 779	14 629	2 500	33 333	74 556
Creditors Due Within One Year	568 743	589 784	585 908	567 779	523 273
Loans From Directors					15 264	12 732
Number Shares Allotted		1 000	1 000	1 000	1 000
Prepayments					5 681	5 650
Profit Loss						5 013
Provisions					5 816	7 421
Provisions For Liabilities Charges					5 816
Revaluation Reserve					30 948
Secured Debts	9 429	33 750	16 311	48 333	108 839
Share Capital Allotted Called Up Paid	100	100	100	100	100
Tangible Fixed Assets Additions		2 876	3 531	5 064	5 952
Tangible Fixed Assets Cost Or Valuation	200 886	203 762	207 293	210 857	137 658
Tangible Fixed Assets Depreciation	155 239	167 164	177 186	184 640	83 298
Tangible Fixed Assets Depreciation Charged In Period		11 925	10 022	8 954	8 757
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				1 500
Tangible Fixed Assets Depreciation Increase Decrease From Revaluations					-110 099
Tangible Fixed Assets Disposals				1 500
Tangible Fixed Assets Increase Decrease From Revaluations					-79 151
Total Additions Including From Business Combinations Property Plant Equipment						3 728
Total Deferred Tax Expense Credit					-5 816	-7 421
Value-added Tax Payable					26 687	21 135
Fixed Assets							46 157	49 872	41 543	36 666	31 017	27 220