R.s.i.(cycles & Motors)limited in London, EC2M 5SQ

Description

Data updated on: 01-11-2023

Registered as 00561689 68 years ago, R.s.i.(cycles & Motors)limited was set up as a Private Limited Company. The company's current registration address is Salisbury House, London. This company's registered with SIC code 47789 and has the NACE code: Other retail sale of new goods in specialised stores (not commercial art galleries and opticians). The company's most recent annual accounts describe the period up to December 31, 2021 and the latest confirmation statement was released on December 12, 2022.

Within this business, a variety of director's duties have so far been done by Emmanuel M. who was assigned this position in 2015 in September. This business had been directed by Philip M. until 2017.

Emmanuel M. is the individual who controls this firm, owns over 3/4 of company shares.

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
Currency
Net Worth	72 265	99 533	65 061

Balance Sheet
Cash Bank In Hand	8 811	16 754	82
Cash Bank On Hand			82	7 683	1 285	5 608	1 390	16 954	41
Current Assets	429 296	416 525	285 375	230 738	147 674	142 152	61 791	134 757	199 068
Debtors	106 778	75 214	57 490	40 487	24 507	25 276	22 725	48 591	158 468
Net Assets Liabilities			65 061	50 006	20 761		-88 732	-82 205	-80 921
Net Assets Liabilities Including Pension Asset Liability	72 265	99 532	65 061
Other Debtors				10 112	11 411	1 147	1 147
Property Plant Equipment			12 289	10 805		525	1 406	1 300	1 170
Stocks Inventory	313 707	324 557	227 803
Tangible Fixed Assets	15 491	12 999	12 289
Total Inventories			227 803	182 568	121 882	111 268	37 676	69 212	40 559

Capital & Reserves
Called Up Share Capital	42 000	42 000	42 000
Profit Loss Account Reserve	30 265	57 533	23 061
Shareholder Funds	72 265	99 533	65 061

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment			47 734	49 374		58	215	359	489
Administrative Expenses			105 132	94 424	111 010	51 543
Average Number Employees During Period				6	5	2	2	2	2
Bank Borrowings		15 807	13 332
Bank Borrowings Overdrafts		48 196	45 586	49 882	480		23 616	40 000	40 000
Bank Overdrafts		32 389	32 254
Cost Sales				519 401	381 786	305 985
Creditors			62 523	49 882	127 338	147 902	151 929	40 000	40 000
Creditors Due After One Year	64 668	47 357	62 523
Creditors Due Within One Year	308 279	283 060	170 505
Debtors Due Within One Year		75 214	57 490
Depreciation Expense Property Plant Equipment			1 913	1 640		58
Disposals Decrease In Depreciation Impairment Property Plant Equipment					49 374
Disposals Property Plant Equipment					60 179
Distribution Costs			168 484	127 057	80 928	68 639
Fixed Assets	15 916	13 424	12 714	11 230	425	950	1 406
Gross Profit Loss			272 705	228 058	176 814	101 779
Increase From Depreciation Charge For Year Property Plant Equipment				1 640		58	157	144	130
Interest Payable Similar Charges Finance Costs			4 339	4 977	5 798	7 158
Investments Fixed Assets	425	425	425	425	425	425
Net Current Assets Liabilities	121 017	133 465	114 870	88 658	20 336	-5 750	-90 138	-43 505	-42 091
Number Shares Allotted		200 000	200 000
Operating Profit Loss			-911	6 577	-15 124	-18 403
Other Creditors				43 293	101 388	99 685	112 290	117 330	88 182
Other Creditors Due Within One Year		32 751	34 651
Other Investments Other Than Loans				425	425	425	-425
Other Taxation Social Security Payable				18 307	12 441	2 952	2 773	5 910	267
Par Value Share		1	1
Profit Loss			-5 250	1 028	-20 922	-25 561
Profit Loss For Period			-5 250
Profit Loss On Ordinary Activities Before Tax			-5 250	1 600	-20 922	-25 561
Property Plant Equipment Gross Cost			60 023	60 179		583	1 621	1 659
Share Capital Allotted Called Up Paid	2 000	2 000	2 000
Tangible Fixed Assets Additions		158	1 203
Tangible Fixed Assets Cost Or Valuation	58 661	58 819	60 023
Tangible Fixed Assets Depreciation	43 170	45 820	47 734
Tangible Fixed Assets Depreciation Charged In Period		2 650	1 913
Taxation Social Security Due Within One Year		42 901	23 462
Tax Tax Credit On Profit Or Loss On Ordinary Activities				572
Total Additions Including From Business Combinations Property Plant Equipment				156		583	1 038	38
Total Assets Less Current Liabilities	136 933	146 890	127 584	99 888	20 761	-4 800	-88 732	-42 205	-40 921
Total Dividend Payment			29 221
Trade Creditors Trade Payables				43 982	13 029	45 265	13 250	20 590	7 464
Trade Creditors Within One Year		159 212	66 806
Trade Debtors Trade Receivables				30 375	13 096	24 129	21 578	48 591	158 468
Turnover Revenue				747 459	558 600	407 764