Retail Property Investments Limited in Manchester, M3 7BE

Description

Data updated on: 01-11-2023

The exact day the company was started is 1962-11-23. Registered under 00741860, this firm operates as a Private Limited Company. You can reach the headquarters of the company during its opening hours at the following location: 4 The Cottages Deva Centre Trinity Way, M3 7BE Manchester. This company's Standard Industrial Classification Code is 68100 and has the NACE code: Buying and selling of own real estate. 2022-12-31 is the last time when the company accounts were filed.

As stated, the following firm was established in November 1962 and has been led by four directors, out of whom two (Avi L. and Leonard S.) are still functioning.

The companies that control this firm are as follows: The S Seitler 2021 Discretionary Trust and has 1/2 or less of voting rights. This business can be reached in Manchester at Deva Centre, Trinity Way, M3 7BE. The B Seitler 2021 Discretionary Trust and has 1/2 or less of voting rights. This business can be reached in Manchester at Trinity Way, M3 7BE. Leonard S. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	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
Currency
Net Worth	2 828 110	2 879 236	2 955 326

Balance Sheet
Cash Bank On Hand							65 892	80 791	33 967	2 016
Current Assets	14 244 620	13 494 027	13 539 497	11 840 991	10 036 306	14 111 077	8 799 590	10 096 126	10 233 807	9 663 713
Debtors	233 378	200 552	208 054	333 498	665 484	1 482 235	413 547	424 075	327 222	1 692 901
Net Assets Liabilities			2 955 326	3 020 696	3 022 360	3 046 102	3 205 019	3 442 019	3 612 228	4 034 668
Other Debtors			208 054	333 498	665 484	1 432 908	274 692	185 605	220 813	1 584 151
Property Plant Equipment			304 778	301 703	300 313	295 201	292 741	290 715	285 956	281 613
Total Inventories			13 331 443	11 507 493	9 370 822	12 628 842	8 320 151	9 591 260	9 872 618
Cash Bank In Hand		102
Stocks Inventory	14 011 242	13 293 373	13 331 443
Tangible Fixed Assets	319 250	311 822	304 778

Capital & Reserves
Called Up Share Capital	100 000	100 000	100 000
Profit Loss Account Reserve	2 728 110	2 779 236	2 855 326
Shareholder Funds	2 828 110	2 879 236	2 955 326

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment			148 674	152 674	157 978	163 090	169 048	175 045	179 804	184 147
Average Number Employees During Period						6	6	6	5	4
Bank Borrowings Overdrafts			31 058	2 628 332	2 455 028	2 868 063	1 528 607	2 175 254	1 918 173	1 170 198
Banking Arrangements Classified As Cash Cash Equivalents						-5 424 097	-1 025 640	-1 368 994	-2 089 927	-1 505 160
Bank Overdrafts						5 424 097	1 025 640	1 368 994
Cash Cash Equivalents Cash Flow Value					-1 988 529	-5 424 097	-959 748	-1 288 203	-2 055 960	-1 503 144
Cash Receipts From Repayment Loans Advances Classified As Investing Activities				258 750
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities									-6 866
Cash Receipts From Sales Interests In Associates							-29 978		-6 866
Corporation Tax Payable			20 705	17 047	678	6 728	37 821	56 041	41 160	100 367
Creditors			1 531 058	4 128 332	3 955 028	4 368 063	3 028 607	3 675 254	3 418 173	2 670 198
Depreciation Impairment Expense Property Plant Equipment						5 112	5 958	5 997
Fixed Assets	319 251	311 823	304 779	560 454	300 314	295 202	292 742	290 716	285 957	281 614
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities			416 533	1 216 550	137 340	-442 785	1 410 557	-735 206	337 302	759 767
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total						36 844	-29 978
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						-161 514	-305 057	-210 730
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						779 907	-1 038 710	10 528
Gain Loss In Cash Flows From Change In Inventories						3 258 020	-4 308 691	1 271 109
Income Taxes Paid Refund Classified As Operating Activities			-16 831	-20 705	-17 047	-678	-6 728	-37 821	-56 041	-41 161
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			732 307	-552 241		3 435 568	-4 464 349
Increase From Depreciation Charge For Year Property Plant Equipment				4 000	5 304	5 112	5 958	5 997	4 759	4 343
Interest Payable Similar Charges Finance Costs			410 399	389 355	323 593	357 935	369 240	200 697
Interest Received Classified As Investing Activities			-173	-578			-45
Investments Fixed Assets	1	1	1	258 751	1	1	1	1	1	1
Net Cash Flows From Used In Financing Activities			616 533	1 216 550		-442 785	1 410 557
Net Cash Flows From Used In Investing Activities			404	259 097		36 844	-26 525
Net Cash Flows From Used In Operating Activities			115 370	-2 027 888		3 841 509	-5 848 381	809 690	437 321	-1 312 583
Net Cash Generated From Operations			-311 860	-2 437 948		3 482 896	-6 224 349	571 172	164 909	-1 626 449
Net Current Assets Liabilities	9 741 008	8 213 671	4 181 605	6 588 574	6 677 074	7 118 963	5 940 884	6 826 557	6 744 444	6 423 252
Net Finance Income Costs			173	578			45
Net Interest Paid Received Classified As Operating Activities			-410 399	-389 355	-323 593	-357 935	-369 240	-200 697	-216 371	-272 705
Number Shares Issued Fully Paid					1	1
Other Creditors			1 531 058	4 128 332	1 500 000	1 500 000	1 500 000	1 500 000	1 500 000	1 500 000
Other Investments Other Than Loans						1	1	1	1	1
Other Taxation Social Security Payable			63 681	360 517	28 167	2 771	50 893	26 859	26 276	123 302
Par Value Share		1	1		1	1
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments						36 844
Proceeds From Sales Other Long-term Assets Classified As Investing Activities					-258 750
Profit Loss						23 742	158 917	237 000
Property Plant Equipment Gross Cost			453 452	454 377	458 291	458 291	461 789	465 760	465 760
Purchase Property Plant Equipment			-577	-925	-3 914		-3 498	-3 971
Repayments Borrowings Classified As Financing Activities			-200 000					-250 000
Tax Tax Credit On Profit Or Loss On Ordinary Activities			20 705	17 047	678	6 728	37 821	56 041
Total Additions Including From Business Combinations Property Plant Equipment				925	3 914		3 498	3 971
Total Assets Less Current Liabilities	10 060 259	8 525 494	4 486 384	7 149 028	6 977 388	7 414 165	6 233 626	7 117 273	7 030 401	6 704 866
Trade Creditors Trade Payables			176 560	153 752	127 756	188 944	174 926	327 563	153 774	172 227
Trade Debtors Trade Receivables						49 327	138 855	238 470	106 409	108 750
Creditors Due After One Year	7 232 149	5 646 258	1 531 058
Creditors Due Within One Year	4 503 612	5 280 356	9 357 892
Number Shares Allotted		1	1
Share Capital Allotted Called Up Paid	1	1	1
Tangible Fixed Assets Additions			577
Tangible Fixed Assets Cost Or Valuation		452 875	453 452
Tangible Fixed Assets Depreciation	133 625	141 053	148 674
Tangible Fixed Assets Depreciation Charged In Period		7 428	7 621