Richwell Properties Limited in Hollinwood, OL8 3QL

Description

Data updated on: 01-11-2023

Richwell Properties Limited has been prospering in the UK for at least 25 years. Started with Companies House Reg No. 03813492 in the year 1999, the company is registered at 3.15 Hollinwood Business Centre, Hollinwood OL8 3QL. It has been already twenty five years from the moment The company's business name is Richwell Properties Limited, but until 1999 the business name was Spring Enterprises and before that, until 1999-09-30 the business was known under the name Richwell Properties. This means it has used three other names. This enterprise's registered with SIC code 68100 - Buying and selling of own real estate. The firm's most recent accounts cover the period up to Sunday 31st July 2022 and the most recent annual confirmation statement was filed on Thursday 4th May 2023.

Currently, there is only a single managing director in the company: Amir Y. (since 1999-07-27). The business had been controlled by Ali R. up until May 2000. In addition, the director's duties are assisted with by a secretary - Shahram M., who was officially appointed by the following business in May 2000.

Previous company's names
Richwell Properties Limited 1999-10-27
Spring Enterprises Limited 1999-09-30
Richwell Properties Ltd 1999-07-26

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-07-31	2012-07-31	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	672 462	695 128	716 410	780 987	790 955	827 292

Balance Sheet
Cash Bank On Hand						19 781	33 246		34 331	44 664	34 028	25 262	48 772
Current Assets	85 986	29 884	25 965	13 326	21 541	20 260	33 554	86 644	34 491	44 837	34 264	25 948	148 458
Debtors	7 122	2 053	668	605	493	479	308		160	173	236	686	99 686
Net Assets Liabilities						729 676	763 297	816 588	772 815	789 681	787 005	776 924	715 808
Other Debtors									5			450	99 450
Property Plant Equipment						5 141	4 370		5 623	4 779	4 062	2 940
Cash Bank In Hand	78 864	27 831	25 297	12 721	21 048	19 781
Intangible Fixed Assets	12 000	6 000
Net Assets Liabilities Including Pension Asset Liability	672 462	695 128	716 410	780 987	790 955	827 292
Tangible Fixed Assets	5 337	5 986	5 089	4 326	6 049	5 141

Capital & Reserves
Called Up Share Capital	99	99	99	99	99	99
Profit Loss Account Reserve	171 181	193 847	215 129	231 408	302 777	339 114
Shareholder Funds	672 462	695 128	716 410	780 987	790 955	827 292

Other Financial Data
Instalment Debts Falling Due After5 Years	106 442	126 261
Secured Debts	305 396	272 576	239 053	204 847	169 947	134 300
Accrued Liabilities Deferred Income								1 150	480	480	480	480	480
Accumulated Depreciation Impairment Property Plant Equipment						16 685	17 456			17 009	17 726	18 848	21 788
Average Number Employees During Period									1	1		1	1
Bank Borrowings Overdrafts						15 313	13 800		7 889	7 932	2 048
Corporation Tax Payable						9 420	21 930		5 447	6 265	6 578	6 783
Creditors						108 610	93 085	21 308	13 886	21 511	15 168	15 811	61 497
Deferred Tax Liabilities									73 653	73 653	73 653	73 653
Disposals Investment Property Fair Value Model							21 939						-135 000
Dividends Paid On Shares									65 999	9 000	30 000	37 878	146 421
Fixed Assets	1 150 057	1 144 706	1 137 809	1 179 326	1 103 549	1 102 641	991 870	844 117	843 123	842 279	841 562	840 440	702 500
Increase Decrease In Depreciation Impairment Property Plant Equipment										844	717	1 122	2 940
Increase From Depreciation Charge For Year Property Plant Equipment							771			844	717	1 122	2 940
Investment Property						1 097 500	987 500		837 500	837 500	837 500	837 500	702 500
Investment Property Fair Value Model						1 097 500	987 500			837 500	837 500	837 500	702 500
Loans From Directors									6 577	6 834	6 060	8 548	44 102
Net Current Assets Liabilities	-239 298	-210 502	-215 846	-226 992	-177 647	-166 739	-59 484	65 480	13 548	23 326	19 096	10 137	86 961
Other Creditors						100 128	36 250		550		2
Other Provisions Balance Sheet Subtotal								73 653	73 653
Prepayments Accrued Income									155	173	236	236	236
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal								144	155
Property Plant Equipment Gross Cost						21 826				21 788	21 788	21 788	21 788
Taxation Including Deferred Taxation Balance Sheet Subtotal									-73 653	-73 653	-73 653	-73 653	-73 653
Taxation Social Security Payable												6 783	16 915
Total Assets Less Current Liabilities	910 759	934 204	921 963	952 334	925 902	935 902	932 386	909 597	863 728	865 605	860 658	850 577	789 461
Accrued Liabilities						1 150	1 150
Accumulated Amortisation Impairment Intangible Assets						60 000
Bank Borrowings						134 300	108 119
Creditors Due After One Year		239 076	205 553	171 347	134 947	108 610
Creditors Due Within One Year		240 386	241 811	240 318	199 188	186 999
Intangible Assets Gross Cost						60 000
Intangible Fixed Assets Aggregate Amortisation Impairment	48 000	54 000	60 000	60 000	60 000
Intangible Fixed Assets Amortisation Charged In Period		6 000	6 000
Intangible Fixed Assets Cost Or Valuation	60 000	60 000	60 000	60 000	60 000
Number Shares Allotted			99	99	99	99
Number Shares Issued Fully Paid							99
Par Value Share			1	1	1	1	1
Prepayments						479	308
Provisions For Liabilities Balance Sheet Subtotal						97 616	76 004
Revaluation Reserve	501 182	501 182	501 182	549 480	488 079	488 079
Share Capital Allotted Called Up Paid		99	99	99	99	99
Tangible Fixed Assets Additions		1 450			2 790
Tangible Fixed Assets Cost Or Valuation	17 586	19 036	19 036	19 036	21 826
Tangible Fixed Assets Depreciation	12 249	13 050	13 947	14 710	15 777	16 685
Tangible Fixed Assets Depreciation Charged In Period			897	763	1 067	908
Tangible Fixed Assets Disposals					18 599
Tangible Fixed Assets Increase Decrease From Revaluations				42 280	-61 401
Creditors Due After One Year Total Noncurrent Liabilities	238 297	239 076
Creditors Due Within One Year Total Current Liabilities	325 284	240 386
Investment Properties	1 132 720	1 132 720
Investment Properties Cost Or Valuation	1 132 720	1 132 720
Tangible Fixed Assets Depreciation Charge For Period		801