Russell Finex Limited in Middlesex, TW13 7EW

Description

Data updated on: 01-11-2023

1934 is the year of the beginning of Russell Finex Limited, the firm located at Browells Lane, Feltham in Middlesex. This means it's been ninety years Russell Finex has been in the United Kingdom, as the company was founded on Thu, 29th Nov 1934. Its registration number is 00294532 and the company post code is TW13 7EW. The enterprise's registered with SIC code 28990, that means Manufacture of other special-purpose machinery n.e.c.. 2022-01-31 is the last time account status updates were filed.

With four recruitment advert since Fri, 28th Apr 2017, Russell Finex has been quite active on the employment market. On Thu, 21st Dec 2017, it started searching for job candidates for a full time Electrical Draughtsperson post in Feltham, and on Fri, 28th Apr 2017, for the vacant post of a full time Sheet Metal Worker/Welder in Feltham. They look for applicants on such positions as: Mechanical Assembly Fitter and Grinder/Polisher - Stainless Steel.

The information related to this enterprise's executives suggests a leadership of six directors: Richard K., Ian W., Robert O. and 3 other directors who might be found below who were appointed to their positions on Wed, 1st Feb 2023, Sun, 1st Jul 2018 and Sat, 1st Feb 2014. Additionally, the director's duties are regularly assisted with by a secretary - Lisa H., who was appointed by this firm on Mon, 21st Apr 2014.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-01-31	2014-01-31	2015-01-31
Currency
Net Worth	10 659 301	10 104 087	6 564 296

Balance Sheet
Cash Bank In Hand	3 339 442	3 022 105	4 774 804
Current Assets	12 962 106	12 604 256	14 104 304
Debtors	5 795 230	5 982 995	5 681 652
Net Assets Liabilities Including Pension Asset Liability	10 659 301	10 104 087	6 564 296
Other Debtors	172 481	106 456	121 420
Stocks Inventory	3 827 434	3 599 156	3 647 848
Tangible Fixed Assets	3 425 722	3 538 857	3 643 850
Trade Debtors	1 991 016	2 276 275	1 893 558

Capital & Reserves
Called Up Share Capital	181 443	181 443	181 443
Profit Loss Account Reserve	10 984 929	11 363 224	8 386 278
Shareholder Funds	10 659 301	10 104 087	6 564 296

Other Financial Data
Audit Fees Expenses	13 750	13 000	15 500
Fees For Non-audit Services		13 000	10 500
Director Remuneration	335 997	428 322	580 289
Accruals Deferred Income Within One Year	2 387 881	2 670 518	3 707 156
Actuarial Gain Loss Recognised In Pension Schemes	-2 129 000	-353 000
Adjustment For Prior Periods Leading To An Increase Decrease In Tax Charge	-11 797	2 582
Adjustment In Research Development Tax Credit Leading To An Increase Decrease In Tax Charge	-55 575
Administrative Expenses	6 036 134
Aggregate Dividends Paid In Financial Year	36 289
Amounts Owed By Group Undertakings Other Participating Interests	3 093 730	2 978 187	3 065 047
Bank Borrowings	236 548	166 861	97 790
Bank Borrowings Overdrafts	67 151	69 062	69 067
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	20 524	5 299
Capital Redemption Reserve	-507 071	-1 440 580	-2 003 425
Changes In Provisions Leading To An Increase Decrease In Tax Charge	-97 058
Commitments Under Non-cancellable Operating Leases Land Buildings	6 016
Commitments Under Non-cancellable Operating Leases Other Items	7 528	9 339	20 129
Corporation Tax Due Within One Year	210 543	369 971	174 732
Corporation Tax Recoverable Current Asset	22 610	129 420
Cost Sales	8 734 911
Creditors Due After One Year	236 548	166 861	97 790
Creditors Due Within One Year	4 005 999	4 465 283	5 420 114
Difference Between Accumulated Depreciation Amortisation Capital Allowances	117 244	118 985	153 057
Distribution Costs	-300 671
Expenses Not Deductible For Tax Purposes	642	94
Finished Goods Goods For Resale	1 068 114	1 152 585	963 738
Fixed Assets	4 378 986	4 925 960	5 030 953
Gross Profit Loss	6 079 308
Interest Payable Similar Charges	15 907
Investments Fixed Assets	953 264	1 387 103	1 387 103
Land Buildings Operating Leases Expiring Within One Year	6 016
Net Current Assets Liabilities	8 956 107	8 138 973	8 684 190
Number Shares Allotted		181 443	181 443
Operating Profit Loss	1 005 243
Other Creditors Due Within One Year	50 694	47 878	56 416
Other Differences Leading To An Increase Decrease In Tax Charge		120 750
Other Interest Receivable Similar Income	24 854
Other Operating Income	661 398
Other Operating Leases Expiring After Five Years			9 316
Other Operating Leases Expiring Between Two Five Years	5 998	8 786	10 280
Other Operating Leases Expiring Within One Year	1 530	553	533
Other Taxation Social Security Within One Year	139 992	170 806	190 167
Other Timing Differences Leading To Decrease Increase In Taxation	4 186
Par Value Share		1	1
Pension Asset Liability	2 322 000	2 675 000	6 900 000
Prepayments Accrued Income Current Asset	515 393	492 657	601 627
Profit Loss For Period	803 718	1 223 714
Profit Loss On Ordinary Activities Before Tax	1 014 190	1 103 007
Provisions Charged Credited To Profit Loss Account During Period	-88 272	1 741	34 072
Provisions For Liabilities Charges	2 439 244	2 793 985	7 053 057
Purchase Own Shares Decrease Increase In Total Reserves	-507 071
Reserve For Own Shares	-507 071	-1 440 580
Revaluation Surplus In Period Investment Properties		-353 000
Share Capital Allotted Called Up Paid	181 443	181 443	181 443
Standard Nominal Tax Rate	24	23
Stocks Raw Materials Consumables	2 067 254	2 129 471	2 455 015
Tangible Fixed Assets Additions		304 803	497 965
Tangible Fixed Assets Cost Or Valuation	8 142 995	8 589 106	8 990 624
Tangible Fixed Assets Depreciation	4 717 273	5 050 249	5 346 774
Tangible Fixed Assets Depreciation Charged In Period		175 095	173 699
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		36 331	92 996
Tangible Fixed Assets Disposals		64 527	121 674
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	243 406	253 692
Tax On Profit Or Loss On Ordinary Activities	210 472	707 222
Total Assets Less Current Liabilities	13 335 093	13 064 933	13 715 143
Total Dividend Payment	36 289
Total Recognised Gain Loss For Period		870 714
Trade Creditors Within One Year	1 149 738	1 137 048	1 222 576
Turnover Gross Operating Revenue	14 814 219
U K Current Corporation Tax	298 744	369 971
U K Current Corporation Tax On Income For Period	298 744	369 971
Undiscounted Provision For Deferred Taxation	117 244	118 985	153 057
Utilisation Tax Losses		1 848
Work In Progress	692 066	317 100	229 095