Rgb Hifi & Video Limited in Ilford, IG1 1TZ

Description

Data updated on: 01-11-2023

This Rgb Hifi & Video Limited firm has been offering its services for at least twenty four years, as it's been founded in 2000. Registered with number 03961853, Rgb Hifi & Video is a Private Limited Company located in 543-549 High Road, Ilford IG1 1TZ. This enterprise's registered with SIC code 47540: Retail sale of electrical household appliances in specialised stores. Rgb Hifi & Video Ltd filed its account information for the period up to 2022-03-31. The latest confirmation statement was filed on 2023-04-12.

There seems to be a number of four directors supervising this specific firm at the current moment, including Satpal D., Rashpal S., Kirpan S. and Valeeti S. who have been executing the directors duties since April 2002.

The companies with significant control over this firm include: Regency London Holdings Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Ilford at High Road, IG1 1TZ, Essex and was registered as a PSC under the reg no 12882909.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	1 275 817	1 543 895	528 239	518 981	789 575
Current Assets	2 766 009	3 377 570	3 944 843	4 251 722	4 746 379
Debtors	384 740	775 522	1 740 955	2 105 418	2 315 958
Net Assets Liabilities	3 428 620	3 995 165	4 355 145	4 565 107	5 157 936
Other Debtors		9 906			25 059
Property Plant Equipment	1 458 982	1 411 876	1 389 435	1 425 029	1 716 870
Total Inventories	1 105 452	1 058 153	1 675 649	1 627 323	1 640 846

Other Financial Data
Audit Fees Expenses				12 500	10 500
Fees For Non-audit Services				2 500	2 500
Company Contributions To Money Purchase Plans Directors			173	230	173
Director Remuneration			48 000	48 000	51 253
Dividend Recommended By Directors				450 000	600 000
Accrued Liabilities	11 000	6 000	6 500	15 000	15 000
Accumulated Depreciation Impairment Property Plant Equipment	943 875	997 360	1 057 892	1 133 810	1 314 149
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss				15 925
Administrative Expenses			1 376 112	1 803 570	1 914 498
Applicable Tax Rate			19	19	19
Average Number Employees During Period	41	36	41	41	37
Bank Borrowings Overdrafts	11 086	7 311	1 325	1 143	1 454
Bank Overdrafts	11 086	7 311	1 325	1 143	1 454
Comprehensive Income Expense			809 980	659 963	1 166 193
Corporation Tax Payable	93 137	268 168	200 102	169 751	228 181
Cost Sales			10 050 511	10 716 530	10 898 044
Creditors	1 455 082	1 083 110	1 267 962	18 316	6 748
Current Tax For Period			200 102	169 751	228 181
Depreciation Expense Property Plant Equipment			60 532	75 918	186 745
Disposals Decrease In Depreciation Impairment Property Plant Equipment					6 406
Disposals Investment Property Fair Value Model		430 000
Disposals Property Plant Equipment					6 500
Distribution Costs			875 498	956 919	1 183 675
Dividend Per Share Interim				50 000	100 000
Dividends Paid			450 000	450 000	600 000
Dividends Paid On Shares Interim			450 000	450 000	600 000
Finance Lease Liabilities Present Value Total				11 568	11 568
Finance Lease Payments Owing Minimum Gross				12 306	12 306
Fixed Assets	2 144 562	1 717 032	1 694 591	1 773 558	2 065 399
Future Finance Charges On Finance Leases				738	738
Future Minimum Lease Payments Under Non-cancellable Operating Leases				5 750	6 482
Gain Loss On Disposals Property Plant Equipment					848
Gross Profit Loss			2 986 139	3 438 054	4 449 445
Income From Other Fixed Asset Investments				62 754	38 900
Increase From Depreciation Charge For Year Property Plant Equipment		53 485	60 532	75 918	186 745
Interest Expense On Bank Overdrafts				283
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				496	738
Interest Payable Similar Charges Finance Costs				779	738
Investment Property	430 000
Investment Property Fair Value Model	430 000
Investments Fixed Assets	255 580	305 156	305 156	348 529	348 529
Merchandise	1 105 452	1 058 153	1 675 649	1 627 323	1 640 846
Net Current Assets Liabilities	1 310 927	2 294 460	2 676 881	2 842 117	3 126 597
Number Shares Issued Fully Paid				6	6
Operating Profit Loss			1 010 082	783 663	1 351 272
Other Creditors					3 405
Other Deferred Tax Expense Credit				15 925	-4 940
Other Investments Other Than Loans	255 580	305 156	305 156	348 529	348 529
Other Operating Income Format1			275 553	106 099
Other Taxation Social Security Payable	12 155	15 750	18 876	20 283	21 440
Par Value Share				1	1
Pension Other Post-employment Benefit Costs Other Pension Costs			12 874	13 862	13 036
Prepayments	7 325	13 637	10 397	9 944	116 803
Profit Loss			809 980	659 962	1 166 193
Profit Loss On Ordinary Activities Before Tax			1 010 082	845 639	1 389 434
Property Plant Equipment Gross Cost	2 402 857	2 409 236	2 447 327	2 558 839	3 031 019
Provisions			16 327	32 252	27 312
Provisions For Liabilities Balance Sheet Subtotal	26 869	16 327	16 327	32 252	27 312
Social Security Costs			53 473	65 226	67 402
Staff Costs Employee Benefits Expense			907 518	978 992	931 570
Tax Decrease Increase From Effect Revenue Exempt From Taxation				11 923	7 391
Tax Expense Credit Applicable Tax Rate			191 916	160 671	263 992
Tax Increase Decrease From Effect Capital Allowances Depreciation			3 104	-7 754	-51 724
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			5 082	28 757	23 304
Tax Tax Credit On Profit Or Loss On Ordinary Activities			200 102	185 676	223 241
Total Additions Including From Business Combinations Property Plant Equipment		6 379	38 091	111 512	478 680
Total Assets Less Current Liabilities	3 455 489	4 011 492	4 371 472	4 642 311	5 191 996
Total Operating Lease Payments					2 725
Trade Creditors Trade Payables	1 265 370	578 487	793 236	908 295	1 048 340
Trade Debtors Trade Receivables	377 415	746 979	1 121 507	1 167 432	1 163 824
Turnover Revenue			13 036 650	14 154 584	15 347 489
Wages Salaries			841 171	899 904	851 132

Company staff

Satpal D.

Role: Director

Appointed: 01 April 2002

Latest update: 18 April 2024

Rashpal S.

Role: Director

Appointed: 01 April 2002

Latest update: 18 April 2024

Kirpan S.

Role: Director

Appointed: 01 April 2002

Latest update: 18 April 2024

Valeeti S.

Role: Director

Appointed: 31 March 2000

Latest update: 18 April 2024

Highstone Secretaries Limited

Role: Corporate Nominee Secretary

Appointed: 31 March 2000

Resigned: 04 April 2000

Address: 165 High Street, Barnet, Hertfordshire, EN5 5SU

Latest update: 18 April 2024

Highstone Directors Limited

Role: Corporate Nominee Director

Appointed: 31 March 2000

Resigned: 04 April 2000

Address: 165 High Street, Barnet, Hertfordshire, EN5 5SU

Latest update: 18 April 2024

Satpal D.

Role: Secretary

Appointed: 31 March 2000

Resigned: 31 March 2011

Latest update: 18 April 2024

People with significant control

Regency London Holdings Ltd

Address: 543-549 High Road, Ilford, Essex, IG1 1TZ, United Kingdom

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered United Kingdom

Place registered England And Wales Companies Registry

Registration number 12882909

Notified on 5 May 2021

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	26 April 2024
Confirmation statement last made up date	12 April 2023

Annual Accounts
Start Date For Period Covered By Report	01 April 2019
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	01 April 2022
End Date For Period Covered By Report	31 March 2023

Rgb Hifi & Video Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Satpal D.

Rashpal S.

Kirpan S.

Valeeti S.

Highstone Secretaries Limited

Highstone Directors Limited

Satpal D.

People with significant control

Regency London Holdings Ltd

Accounts Documents

Company filings

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