Riskstop Group Limited in Bournemouth, BH2 6LR

Description

Data updated on: 01-11-2023

Riskstop Group started its business in the year 2007 as a Private Limited Company under the following Company Registration No.: 06236118. This particular business has been prospering for seventeen years and the present status is active. The company's registered office is based in Bournemouth at 43 Richmond Hill. You can also locate the firm using its post code of BH2 6LR. This company's declared SIC number is 66210 and their NACE code stands for Risk and damage evaluation. Riskstop Group Ltd reported its account information for the financial period up to December 31, 2022. The business latest annual confirmation statement was submitted on May 3, 2023.

Within the following business, a variety of director's obligations have been fulfilled by Richard T., James Y. and Danny L.. As for these three people, Danny L. has been with the business for the longest period of time, having been a vital part of company's Management Board since May 3, 2007. At least one secretary in this firm is a limited company: Ardonagh Corporate Secretary Limited.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-12-31	2020-12-31
Currency

Balance Sheet
Cash Bank On Hand	4 751	27 613
Current Assets	199 453	373 345
Debtors	194 702	345 732
Net Assets Liabilities	467 109	664 301
Other Debtors	56 625	10 295
Property Plant Equipment	31 829	27 689
Total Inventories	398 899	334 618

Other Financial Data
Audit Fees Expenses	24 640	24 800
Accountancy Costs	24 640	24 800
Accrued Liabilities Deferred Income	7 825	99 181
Accumulated Amortisation Impairment Intangible Assets	1 870 898	143 342
Accumulated Depreciation Impairment Property Plant Equipment	226 689	237 186
Additional Provisions Increase From New Provisions Recognised		7 989
Additions Other Than Through Business Combinations Property Plant Equipment		9 605
Administration Support Average Number Employees	108	110
Administrative Expenses	3 439 880	3 350 443
Amortisation Expense Intangible Assets	161 748	161 750
Amortisation Government Grants		-645 924
Amounts Owed By Directors	151	58 130
Amounts Owed By Group Undertakings	48 464	252 128
Amounts Owed To Group Undertakings	446 372	538 567
Applicable Tax Rate	19	19
Average Number Employees During Period		110
Bank Borrowings Overdrafts	29 919	2 328
Bank Overdrafts	435 163
Cash Cash Equivalents	-306 020	379 734
Cash Cash Equivalents Cash Flow Value	-306 020	379 734
Comprehensive Income Expense	209 944	363 192
Corporation Tax Payable	49	95 391
Corporation Tax Recoverable		6 737
Cost Sales	5 885 499	5 632 682
Creditors	853 454	837 833
Current Assets Joint Ventures	492 932	571 321
Current Liabilities Joint Ventures	357 032	322 027
Current Tax For Period	83 341	121 872
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws	34
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	4 227	-16 159
Deferred Tax Liabilities	1 544	-5 621
Depreciation Expense Property Plant Equipment	36 572	56 018
Depreciation Rate Used For Property Plant Equipment		25
Disposals Decrease In Depreciation Impairment Property Plant Equipment		3 248
Disposals Property Plant Equipment		3 248
Dividends Paid	242 294	166 000
Dividends Paid Classified As Financing Activities	242 294	166 000
Dividends Paid On Shares	242 294	166 000
Dividends Received Classified As Investing Activities	101 587	75 160
Finance Lease Liabilities Present Value Total	4 654	4 654
Finance Lease Payments Owing Minimum Gross	18 196	13 542
Fixed Assets	1 136 196	1 132 056
Further Item Borrowings Component Total Borrowings	292 920	120 780
Further Item Debtors Component Total Debtors	1 837
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total	1 000
Further Item Tax Increase Decrease Component Adjusting Items		23 051
Further Operating Expense Item Component Total Operating Expenses	313 500	270 950
Future Minimum Lease Payments Under Non-cancellable Operating Leases	32 484	122 434
Gain Loss In Cash Flows From Change In Accrued Items	1 881	110 888
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-319 927	-126 422
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	140 844	20 077
Gain Loss In Cash Flows From Change In Inventories	-10 330	64 281
Gain Loss On Disposals Property Plant Equipment	-3 321	-95
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss	35
Government Grant Income		77 140
Gross Profit Loss	3 763 058	3 008 392
Impairment Loss Reversal On Investments	14 865	121 323
Income Expense Recognised Directly In Equity	-242 294	-166 000
Income Taxes Paid Refund Classified As Operating Activities	71 495	85 363
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-27 730	685 754
Increase Decrease In Current Tax From Adjustment For Prior Periods	-2 075	2 951
Increase Decrease In Existing Provisions		-7 165
Increase Decrease In Net Debt From Cash Flows		-322 782
Increase From Amortisation Charge For Year Intangible Assets		161 750
Increase From Depreciation Charge For Year Property Plant Equipment		13 745
Increase From Impairment Loss Recognised In Other Comprehensive Income Intangible Assets		121 323
Intangible Assets	788 541	505 468
Intangible Assets Gross Cost		143 342
Interest Income On Cash Cash Equivalents	1 128	122
Interest Paid Classified As Operating Activities	19 443	12 962
Interest Payable Similar Charges Finance Costs	19 443	12 962
Interest Received Classified As Operating Activities	1 128	122
Investments	1 104 367	1 104 367
Investments Fixed Assets	1 104 367	1 104 367
Investments In Group Undertakings	1 104 367	1 104 367
Investments In Joint Ventures	74 426	88 664
Net Cash Flows From Used In Financing Activities	-299 540	848 835
Net Cash Flows From Used In Investing Activities	24 333	-9 514
Net Cash Flows From Used In Operating Activities	247 477	-153 567
Net Cash Generated From Operations	337 287	-55 364
Net Current Assets Liabilities	-654 001	-464 488
Net Debt Funds	348 725	25 943
Net Deferred Tax Liability Asset	1 544	-7 959
Non-current Assets Joint Ventures	15 990	22 796
Non-current Liabilities Joint Ventures	3 038	94 763
Number Shares Issued Fully Paid	1 000	1 000
Operating Profit Loss	323 178	303 873
Other Employee Expense	162 596	169 337
Other Interest Expense	19 443	12 962
Other Interest Receivable Similar Income Finance Income	1 128	122
Other Investments Other Than Loans	100	100
Other Operating Income Format1		645 924
Other Provisions Balance Sheet Subtotal	19 950	19 950
Other Taxation Social Security Payable	49 145	60 041
Par Value Share		0
Payments Finance Lease Liabilities Classified As Financing Activities	-5 854	-18 911
Pension Costs Defined Contribution Plan	129 902	138 535
Pension Other Post-employment Benefit Costs Other Pension Costs	162 596	169 337
Prepayments Accrued Income	89 462	18 442
Proceeds From Borrowings Classified As Financing Activities		350 000
Proceeds From Government Grants Classified As Financing Activities		645 924
Proceeds From Sales Property Plant Equipment	10 463
Profit Loss	209 944	363 192
Profit Loss Attributable To Non-controlling Interests	1 746	1 194
Profit Loss Attributable To Owners Parent	363 933	171 382
Profit Loss From Continuing Operations Joint Ventures	315 432	178 795
Profit Loss On Ordinary Activities Before Tax	447 714	278 852
Property Plant Equipment Gross Cost	258 518	264 875
Provisions	1 544	-5 621
Purchase Property Plant Equipment	88 717	84 674
Raw Materials	398 899	334 618
Repayments Borrowings Classified As Financing Activities	63 100
Revenue From Rendering Services	4 738 233	4 188 033
Revenue From Sale Goods	4 910 324	4 453 041
Revenue Joint Ventures	1 804 487	1 514 831
Share Profit Loss Joint Ventures Accounted For By Equity Method	157 716	109 142
Social Security Costs	361 322	338 472
Staff Costs Employee Benefits Expense	3 745 032	3 894 297
Taxation Including Deferred Taxation Balance Sheet Subtotal	1 544	-5 621
Tax Expense Credit Applicable Tax Rate	85 066	52 982
Tax Increase Decrease From Effect Capital Allowances Depreciation		1 429
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	29 274	29 250
Tax Tax Credit On Profit Or Loss On Ordinary Activities	85 527	108 664
Total Assets Less Current Liabilities	482 195	667 568
Total Current Tax Expense Credit	81 266	124 823
Total Deferred Tax Expense Credit	4 261	-16 159
Trade Creditors Trade Payables	22 570	12 282
Trade Debtors Trade Receivables	1 184 906	1 198 872
Turnover Revenue	4 738 233	8 641 074
Wages Salaries	3 221 114	3 386 488
Company Contributions To Money Purchase Plans Directors	12 791	10 000
Director Remuneration	208 780	434 029
Director Remuneration Benefits Excluding Payments To Third Parties	221 571	464 313
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3

Company staff

Richard T.

Role: Director

Appointed: 01 December 2023

Latest update: 5 April 2024

James Y.

Role: Director

Appointed: 01 December 2023

Latest update: 5 April 2024

Ardonagh Corporate Secretary Limited

Role: Corporate Secretary

Appointed: 01 December 2023

Address: Mincing Lane, London, EC3R 7PD, United Kingdom

Latest update: 5 April 2024

Danny L.

Role: Director

Appointed: 03 May 2007

Latest update: 5 April 2024

William M.

Role: Director

Appointed: 01 December 2021

Resigned: 30 November 2023

Latest update: 5 April 2024