Rion Designs Limited in Letchworth Garden City, SG6 2HB

Description

Data updated on: 01-11-2023

Located in Unit 22 Business Centre West,, Letchworth Garden City SG6 2HB Rion Designs Limited is categorised as a Private Limited Company with 01904663 Companies House Reg No. It was founded 39 years ago. The company's principal business activity number is 27900, that means Manufacture of other electrical equipment. March 31, 2023 is the last time when the accounts were filed.

Currently, the following limited company is the workplace of one managing director: Phillip C., who was assigned this position on 1993-07-01. Since 2021 Gregory K., had been managing this specific limited company until the resignation on 2023-04-28. As a follow-up a different director, specifically Christopher E. resigned 25 years ago. In order to support the directors in their duties, the limited company has been using the skills of Joanne B. as a secretary since 2005.

Philip C. is the individual who has control over this firm, has substantial control or influence over the company, 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	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	117 866	188 796	181 270	188 527	183 718

Balance Sheet
Cash Bank In Hand	32 959	30 278	43 477	36 871	60 129
Cash Bank On Hand					60 129	41 394	35 461	54 416	115 848	189 196	99 775	55 293
Current Assets	251 012	324 440	274 350	335 945	292 525	313 812	296 227	314 426	394 005	426 254	338 026	327 629
Debtors	183 359	237 946	148 856	199 535	160 819	213 239	218 694	197 805	213 427	176 012	168 293	208 109
Net Assets Liabilities					179 805	203 415	179 497	194 254	218 423	198 960	199 165	177 364
Net Assets Liabilities Including Pension Asset Liability	117 866	188 796	181 270	188 527	183 718
Other Debtors					6 148	7 943	8 850	7 667	6 287	7 031	6 262	10 099
Property Plant Equipment					38 977	69 617	63 522	48 071	46 363	54 930	73 423	51 055
Stocks Inventory	34 694	56 216	82 017	99 539	71 577
Tangible Fixed Assets	22 439	18 291	31 879	27 663	38 977
Total Inventories					71 577	59 179	42 072	62 205	64 730	61 046	69 958	64 227

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	117 766	188 696	181 170	188 427	183 618
Shareholder Funds	117 866	188 796	181 270	188 527	183 718

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					92 227	87 727	109 157	125 884	132 253	140 227	147 734	152 704
Administrative Expenses					521 731	579 019	601 785
Average Number Employees During Period						16	16	16	17	17	16	20
Bank Borrowings Overdrafts										60 000	48 864	38 005
Cost Sales					467 687	432 922	420 352
Creditors					29 139	44 355	41 808	24 530	21 816	92 053	86 116	59 059
Creditors Due After One Year	24 487	21 160	31 922	21 600	29 139
Creditors Due Within One Year	131 098	132 775	93 037	153 481	118 645
Depreciation Expense Property Plant Equipment					11 777	8 216	21 430
Disposals Decrease In Depreciation Impairment Property Plant Equipment						12 716			11 911	6 864	24 568	16 805
Disposals Property Plant Equipment						21 995			13 236	9 000	27 822	17 398
Finance Lease Liabilities Present Value Total					29 139	44 355	41 808	24 530	21 816	32 053	37 252	21 054
Gross Profit Loss					519 359	612 563	578 074
Increase From Depreciation Charge For Year Property Plant Equipment						8 216	21 430	16 727	18 280	14 838	32 075	21 775
Interest Payable Similar Charges Finance Costs					2 503	1 530	1 908
Net Current Assets Liabilities	119 914	191 665	181 313	182 464	173 880	190 536	168 543	178 671	201 804	245 692	225 030	194 337
Number Shares Allotted		100	100	100	100
Operating Profit Loss					-2 372	33 544	-23 711
Other Creditors					14 194	14 913	9 253	5 249	9 696	8 782	5 742	5 742
Other Interest Receivable Similar Income Finance Income					66	66	78
Other Taxation Social Security Payable					43 785	59 380	55 512	55 040	78 278	58 911	59 104	62 012
Par Value Share		1	1	1	1
Profit Loss					-8 722	23 610	-23 918
Profit Loss On Ordinary Activities Before Tax					-4 809	32 080	-25 541
Property Plant Equipment Gross Cost					131 204	157 344	172 679	173 955	178 616	195 157	221 157	203 759
Provisions For Liabilities Balance Sheet Subtotal					3 913	12 383	10 760	7 958	7 928	9 609	13 172	8 969
Share Capital Allotted Called Up Paid	100	100	100	100	100
Tangible Fixed Assets Additions		2 723	24 617	6 274	23 091
Tangible Fixed Assets Cost Or Valuation	85 409	88 132	112 749	108 113	131 204
Tangible Fixed Assets Depreciation	62 970	69 841	80 870	80 450	92 227
Tangible Fixed Assets Depreciation Charged In Period		6 871	11 029	10 029	11 777
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				10 449
Tangible Fixed Assets Disposals				10 910
Tax Tax Credit On Profit Or Loss On Ordinary Activities					3 913	8 470	-1 623
Total Additions Including From Business Combinations Property Plant Equipment						48 135	15 335	1 276	17 897	25 541	53 822
Total Assets Less Current Liabilities	142 353	209 956	213 192	210 127	212 857	260 153	232 065	226 742	248 167	300 622	298 453	245 392
Trade Creditors Trade Payables					60 666	48 983	62 919	75 466	104 227	112 869	48 150	65 538
Trade Debtors Trade Receivables					154 671	205 296	209 844	190 138	207 140	168 981	162 031	198 010
Turnover Revenue					987 046	1 045 485	998 426