Redtower Asset Management Limited in Laurencekirk, AB30 1DU

Description

Data updated on: 01-11-2023

Redtower Asset Management Limited has existed on the British market for at least seventeen years. Started with Companies House Reg No. SC325065 in the year 2007, the firm have office at Crystal Valley, Laurencekirk AB30 1DU. This business's classified under the NACE and SIC code 74909 which means Other professional, scientific and technical activities not elsewhere classified. The company's latest filed accounts documents describe the period up to 2022-03-31 and the most recent annual confirmation statement was filed on 2023-06-08.

Gerald C. is this particular firm's single director, that was appointed in 2007 in June. Since 2008-04-01 Elizabeth M., had been functioning as a director for the following company up until the resignation 15 years ago. As a follow-up a different director, specifically Graeme W. gave up the position fifteen years ago.

Gerald C. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	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	GBP
Net Worth	-48 870	-20 860	-26 832	-5 317	-23 158	-18 058

Balance Sheet
Current Assets	63 057	56 868	66 587	84 851	63 829	57 775	5 089	2 672	209	3 907	6 413	7 721	410
Cash Bank In Hand	29 522	7 092	7 190	1 291	3 340	25 936
Cash Bank On Hand						25 936	2 145	508	209	2 065	2 424	2 111
Debtors	33 535	49 776	59 397	83 560	60 489	31 839	2 944	2 164		1 842	3 989	5 610
Net Assets Liabilities							-108 467	-154 166	-163 749	-148 601	-143 323	-125 898
Net Assets Liabilities Including Pension Asset Liability			-26 832	-5 317	-23 158
Other Debtors						23 559	2 164	2 164			2 300	2 300
Property Plant Equipment						6 360	5 682	7 443	5 582	3 492	5 528	4 146
Tangible Fixed Assets	19 403	14 552	11 822	8 869	7 023	6 360

Capital & Reserves
Called Up Share Capital	85	85	85	65 085	65 085	65 085
Profit Loss Account Reserve	-48 955	-20 945	-26 917	-70 402	-88 243	-83 143
Shareholder Funds	-48 870	-20 860	-26 832	-5 317	-23 158	-18 058

Other Financial Data
Average Number Employees During Period										1	1	1	1
Creditors						82 453	119 498	163 360	168 934	155 597	154 234	136 998	114 063
Fixed Assets			11 822	9 129	7 283	6 620	5 942	7 703	5 842	3 752	5 548	4 166	3 130
Amount Specific Advance Or Credit Directors							74 747	94 131	108 261	109 085	108 742	105 239
Amount Specific Advance Or Credit Made In Period Directors								11 164	10 542	20 870	21 478	28 252
Amount Specific Advance Or Credit Repaid In Period Directors								30 548	24 672	21 694	21 135	24 749
Accumulated Depreciation Impairment Property Plant Equipment						29 667	25 950	28 431	30 292	29 120	30 340	31 722
Bank Borrowings Overdrafts							12 032	20 064	18 000	16 048	16 048
Creditors Due After One Year				2 461
Creditors Due Within One Year	131 330	92 280	105 241	96 836	94 270	82 453
Disposals Decrease In Depreciation Impairment Property Plant Equipment							5 548			2 336	619
Disposals Property Plant Equipment							6 030			3 262	688
Increase From Depreciation Charge For Year Property Plant Equipment							1 831	2 481	1 861	1 164	1 839	1 382
Investments Fixed Assets				260	260	260	260	260	260	260	20	20
Net Current Assets Liabilities	-68 273	-35 412	-38 654	-11 985	-30 441	-24 678	-114 409	-160 688	-168 725	-151 690	-147 821	-129 277
Number Shares Allotted		85	85	65 085	65 085	65 085
Other Creditors						74 142	100 123	135 886	145 441	131 539	131 237	127 842
Other Investments Other Than Loans						260	260	260	260	260	20	20
Other Taxation Social Security Payable						8 311	7 343	7 410	5 493	8 010	6 949	9 156
Par Value Share		1	1	1	1	1
Property Plant Equipment Gross Cost						36 027	31 632	35 874	35 874	32 612	35 868
Provisions For Liabilities Balance Sheet Subtotal								1 181	866	663	1 050	787
Share Capital Allotted Called Up Paid	85	85	85	65 085	65 085	65 085
Tangible Fixed Assets Additions			1 211		787	1 457
Tangible Fixed Assets Cost Or Valuation	33 095	33 095	34 306	34 306	34 570	36 027
Tangible Fixed Assets Depreciation	13 692	18 543	22 484	25 437	27 547	29 667
Tangible Fixed Assets Depreciation Charged In Period		4 851	3 941	2 953	2 339	2 120
Tangible Fixed Assets Depreciation Decrease Increase On Disposals					229
Tangible Fixed Assets Disposals					523
Total Additions Including From Business Combinations Property Plant Equipment							1 635	4 242			3 944
Total Assets Less Current Liabilities	-48 870	-20 860	-26 832	-2 856	-23 158	-18 058	-108 467	-152 985	-162 883	-147 938	-142 273	-125 111
Trade Debtors Trade Receivables						8 280	780			1 842	1 689	3 310
Advances Credits Directors	2 559	6 425
Advances Credits Made In Period Directors	69 140
Advances Credits Repaid In Period Directors	73 652