The Naissance Trading & Innovation Company Ltd in Neath, SA11 1NJ

Description

Data updated on: 01-11-2023

The Naissance Trading & Innovation Company Ltd has been prospering in the United Kingdom for at least 19 years. Started with Companies House Reg No. 05599148 in 2005, the firm is based at Unit 9, Neath SA11 1NJ. The Naissance Trading & Innovation Company Ltd was known 17 years ago under the name of Faith Holistics (UK). The company's declared SIC number is 47990 meaning Other retail sale not in stores, stalls or markets. The Naissance Trading & Innovation Company Limited released its account information for the period that ended on 2022/07/31. The company's most recent annual confirmation statement was filed on 2023/10/20.

The information we have about the following company's personnel suggests there are two directors: Jem S. and Jennifer S. who were appointed on 2005-10-20.

Previous company's names
The Naissance Trading & Innovation Company Ltd 2007-10-30
Faith Holistics (UK) Ltd 2005-10-20

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-01-31	2012-01-31	2013-01-31	2014-01-31	2015-01-31	2016-01-31	2017-01-31	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-21 659	-15 120	37 208	163 454	358 421	359 755

Balance Sheet
Cash Bank In Hand	2 015	12 159	55 973	206 166	404 703	583 466
Cash Bank On Hand						583 466	555 746	29 840	175 544	715 364	767 455	61 863
Current Assets	57 695	121 874	380 657	738 133	1 365 289	2 265 062	2 618 362	3 399 921	3 375 286	5 674 413	5 016 927	4 237 411
Debtors	6 330	25 715	142 728	329 073	393 317	835 139	777 738	696 758	1 427 803	1 766 529	1 642 136	1 803 634
Net Assets Liabilities						359 755	944 705	3 611	292 026	2 340 529	2 817 088	2 000 408
Net Assets Liabilities Including Pension Asset Liability	-21 659	-15 120	37 208	163 454	358 421	359 755
Other Debtors						20 078
Property Plant Equipment						148 276	421 436	671 702	594 941	473 363	314 380	166 962
Stocks Inventory	49 350	84 000	181 956	202 894	567 269	846 457
Tangible Fixed Assets	14 442	16 670	39 675	41 486	32 687	148 276
Total Inventories						846 457	1 284 878	2 673 323	1 771 939	3 192 520	2 844 057	2 371 914

Capital & Reserves
Called Up Share Capital	2	20	20	90	90	90
Profit Loss Account Reserve	-21 661	-15 140	37 188	163 364	358 331	359 665
Shareholder Funds	-21 659	-15 120	37 208	163 454	358 421	359 755

Other Financial Data
Audit Fees Expenses									18 000	15 000	13 000	15 700
Director Remuneration								8 004	8 564	8 424	8 564	8 929
Dividend Recommended By Directors									154 000	630 000	100 000	115 000
Accrued Liabilities Deferred Income						135 010	107 918	18 881	106 451	60 366	181 373	182 030
Accumulated Amortisation Impairment Intangible Assets							67 484	89 727	207 152	384 044	449 483	511 906
Accumulated Depreciation Impairment Property Plant Equipment						115 843	164 016	413 625	590 269	818 351	1 015 512	1 104 971
Amounts Owed By Group Undertakings						265 900	67 111	1 059	412 130	602 020	265 922	34 521
Amounts Owed To Group Undertakings						99 099		307 888	98 547	201 591	188 868	292 767
Average Number Employees During Period							20	104	95	98	109	81
Bank Borrowings Overdrafts						181 530	94 681	185 980	273 971	108 557	109 038	72 575
Corporation Tax Payable						96 804	89 390	845		399 512
Creditors						285 512	94 549	1 931 119	1 918 649	1 810 833	876 042	375 602
Creditors Due After One Year		833	87 581	76 831		285 512
Creditors Due Within One Year		152 831	295 543	539 334	1 039 555	1 738 770
Disposals Property Plant Equipment								75 236				64 592
Dividends Paid							74 000	99 000	154 000	630 000	100 000	115 000
Finance Lease Liabilities Present Value Total								113 827	21 513	21 513
Finished Goods							610 405	1 482 345	968 156	1 533 100	1 376 487	1 627 515
Fixed Assets	14 442	16 670	39 675	41 486			421 436	892 870	930 031	726 025	515 338	307 888
Increase From Amortisation Charge For Year Intangible Assets								22 243	117 425	176 892	65 439	62 423
Increase From Depreciation Charge For Year Property Plant Equipment							115 657	249 610	176 644	228 082	197 161	147 497
Intangible Assets							9 062	221 168	335 090	252 662	200 958	140 926
Intangible Assets Gross Cost							76 546	310 895	542 242	636 706	650 441	652 832
Merchandise						347 794	610 405
Net Current Assets Liabilities	-31 768	-30 957	85 114	198 799	325 734	526 292	676 831	1 123 239	1 280 644	3 494 269	3 455 577	2 084 046
Number Shares Allotted			20	20		20
Number Shares Issued Fully Paid							20	20	20	20	20	20
Other Creditors						1 415	894	4 955	6 575	6 051	9 328	7 934
Other Taxation Social Security Payable						40 467	22 091	46 286	36 517	33 398	54 411	50 340
Par Value Share			1	1		1	1	1	1	1	1	1
Prepayments							53 316	142 983	247 171	279 171	145 785	131 482
Profit Loss							658 950	-842 094	442 415	2 678 503	813 281	-701 680
Property Plant Equipment Gross Cost						264 119	652 936	1 085 327	1 185 210	1 291 714	1 329 892	1 271 933
Provisions						29 301	29 301	81 379	-147 702	68 932	41 063	15 924
Provisions For Liabilities Balance Sheet Subtotal						29 301	58 881	81 379		68 932	41 063	15 924
Provisions For Liabilities Charges						29 301
Raw Materials						498 663	674 473	1 190 978	803 783	1 659 420	1 230 849	744 399
Secured Debts						464 960
Share Capital Allotted Called Up Paid		20	20	20	20	20
Tangible Fixed Assets Additions		15 024	27 172	13 900		150 390
Tangible Fixed Assets Cost Or Valuation	55 633	70 657	97 829	111 729	113 729	264 119
Tangible Fixed Assets Depreciation	41 191	53 987	58 154	70 243	81 042	115 843
Tangible Fixed Assets Depreciation Charged In Period			4 167	12 089		34 801
Total Additions Including From Business Combinations Intangible Assets								234 349	231 347	94 464	13 735	2 391
Total Additions Including From Business Combinations Property Plant Equipment							388 817	584 173	99 883	106 504	38 178	6 633
Total Assets Less Current Liabilities	-17 326	-14 287	124 789	240 285	358 421	674 568	1 098 135	2 016 109	2 210 675	4 220 294	3 734 193	2 391 934
Total Borrowings						464 960	285 380	283 797	344 160	375 768	109 038	72 575
Trade Creditors Trade Payables						428 594	698 247	1 161 358	1 054 112	968 960	723 858	1 163 257
Trade Debtors Trade Receivables						194 063	334 548	263 662	305 422	369 790	266 702	187 930
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss									-229 081	216 634	-27 869	-25 139
Administrative Expenses								2 612 694	2 629 591	2 329 427	3 629 581	3 405 012
Amortisation Expense Intangible Assets								22 243	117 425	176 892	65 439	62 423
Applicable Tax Rate									19	19	19	19
Bank Borrowings								63 814	158 188	274 826	109 038
Bank Overdrafts								219 983	185 972	79 429		72 575
Capital Commitments									92 174
Cash Cash Equivalents Cash Flow Value								-190 143	-10 428	635 935	767 455	-10 712
Cash Receipts From Government Grants								-25 000		-10 927	-18 728	-18 730
Comprehensive Income Expense								-842 094	442 415	2 678 503	801 525	-701 680
Corporation Tax Recoverable											34 838	236 456
Cost Sales								19 431 325	14 605 538	17 985 381	18 251 228	13 972 626
Current Tax For Period								845		399 512	145 162
Deferred Tax Asset Debtors									147 702
Depreciation Amortisation Expense								271 852	294 068	404 974	262 600	209 920
Depreciation Expense Property Plant Equipment								207 453	123 964	175 402	144 481	102 249
Disposals Decrease In Depreciation Impairment Property Plant Equipment												58 038
Dividends Paid Classified As Financing Activities								-99 000	-154 000	-630 000	-100 000
Dividends Paid On Shares Interim								99 000	154 000	630 000	100 000	115 000
Further Operating Expense Item Component Total Operating Expenses									9 970	6 950	21 820	-18 730
Future Minimum Lease Payments Under Non-cancellable Operating Leases								107 000	114 129	113 831	9 630	122 922
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss								-98 750	-79 556	10 199	-29 821	15 041
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables								1 898 810	-257 153	-54 708	-631 895	-89 954
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables								80 980	-579 759	-486 428	159 231	-74 880
Gain Loss On Disposal Assets Income Statement Subtotal												-6 554
Gain Loss On Disposals Intangible Assets								-305 998
Gain Loss On Disposals Property Plant Equipment												-6 554
Government Grants Payable										63 991	45 262	26 532
Gross Profit Loss								2 163 903	2 571 166	5 214 123	4 325 097	2 511 467
Income Taxes Paid Refund Classified As Operating Activities								-89 390	-4 487		-528 293	-52 069
Increase Decrease Due To Transfers Between Classes Property Plant Equipment									-84 363
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation								-745 889	179 715	646 363	131 520	-778 167
Increase Decrease In Current Tax From Adjustment For Prior Periods									-230 365		-51 219	-11 212
Increase Decrease In Stocks Inventories Finished Goods Work In Progress								1 388 445	-901 384	1 420 581	-360 217	-235 422
Interest Expense On Bank Loans Similar Borrowings								25 136	17 417	17 783	9 266	1 553
Interest Expense On Bank Overdrafts								573
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts								6 229	7 182	2 999
Interest Paid Classified As Operating Activities								-25 709	-17 417	-17 783	-9 266	-1 553
Interest Payable Similar Charges Finance Costs								31 938	24 599	20 782	9 266	1 553
Net Cash Flows From Used In Financing Activities								-67 690	60 084	879 648	287 300	109 038
Net Cash Flows From Used In Investing Activities								743 286	331 230	200 968	51 913	9 024
Net Cash Flows From Used In Operating Activities								70 293	-571 029	-1 726 979	-470 733	660 105
Net Cash Generated From Operations								-51 035	-600 115	-1 747 761	-1 008 292	606 483
Operating Profit Loss								-423 791	241 575	3 315 431	876 865	-874 815
Other Deferred Tax Expense Credit								22 149	-229 081	216 634	-27 869	-25 139
Other Operating Income Format1								25 000	300 000	430 735	193 103	18 730
Payments Finance Lease Liabilities Classified As Financing Activities								-56 665	-88 448	-92 315	-21 513
Pension Other Post-employment Benefit Costs Other Pension Costs								22 955	31 165	31 091	37 932	41 959
Proceeds From Borrowings Classified As Financing Activities								-300 000	-300 000
Proceeds From Sales Property Plant Equipment								-75 236
Profit Loss On Ordinary Activities Before Tax								-819 100	216 976	3 294 649	867 599	-876 368
Purchase Intangible Assets								-234 349	-231 347	-94 464	-13 735	-2 391
Purchase Property Plant Equipment								-584 173	-99 883	-106 504	-38 178	-6 633
Repayments Borrowings Classified As Financing Activities								-335 586	-117 636	-157 333	-165 787	-109 038
Restructuring Costs								57 373
Social Security Costs								273 807	195 293	139 394	199 734	212 275
Staff Costs Employee Benefits Expense								3 877 125	2 360 248	1 966 063	2 971 997	2 809 029
Tax Decrease From Utilisation Tax Losses									-258 150	272 001	17 495	-43 810
Tax Decrease Increase From Effect Revenue Exempt From Taxation										2 177	3 558	3 559
Tax Expense Credit Applicable Tax Rate									41 225	625 983	164 844	-166 510
Tax Increase Decrease From Effect Capital Allowances Depreciation									-17 850	47 707	33 368	33 218
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss									586		11 813	-319
Tax Tax Credit On Profit Or Loss On Ordinary Activities								22 994	-225 439	616 146	66 074	-174 688
Total Current Tax Expense Credit								845	3 642	399 512	93 943	-149 549
Total Operating Lease Payments								274 087	175 380	182 186	282 563	304 242
Transfers Between P P E Classes Increase Decrease In Depreciation Impairment									-15 467
Turnover Revenue								21 595 228	17 176 704	23 199 504	22 564 571	16 484 093
Wages Salaries								3 580 363	2 133 790	1 795 578	2 734 331	2 554 795
Creditors Due After One Year Total Noncurrent Liabilities	4 333	833
Creditors Due Within One Year Total Current Liabilities	89 463	151 633
Tangible Fixed Assets Depreciation Charge For Period		12 796

Company staff

Jem S.

Role: Secretary

Appointed: 20 October 2005

Latest update: 27 February 2024

Jem S.

Role: Director

Appointed: 20 October 2005

Latest update: 27 February 2024

Jennifer S.

Role: Director

Appointed: 20 October 2005

Latest update: 27 February 2024

People with significant control

Executives who have control over this firm are as follows: Jem S. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Scylding Group Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Swansea at Ground Floor Cardigan House, Castle Court Swansea Enterprise Park, SA7 9LA and was registered as a PSC under the registration number 09508902. Jennifer S. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Jem S.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Scylding Group Limited

Address: C/O Bevan Buckland Llp Ground Floor Cardigan House, Castle Court Swansea Enterprise Park, Swansea, SA7 9LA, Wales

Legal authority Uk

Legal form Uk

Country registered England And Wales

Place registered Companies House

Registration number 09508902

Notified on 6 April 2016

Nature of control:

3/4 to full of voting rights

over 3/4 of shares

Jennifer S.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	30 April 2024
Account last made up date	31 July 2022
Confirmation statement next due date	03 November 2024
Confirmation statement last made up date	20 October 2023

Annual Accounts 25 July 2013
Start Date For Period Covered By Report	2012-02-01
End Date For Period Covered By Report	2013-01-31
Date Approval Accounts	25 July 2013
Annual Accounts
Start Date For Period Covered By Report	2013-02-01
Annual Accounts 27 October 2016
Start Date For Period Covered By Report	01 February 2015
End Date For Period Covered By Report	31 January 2016
Date Approval Accounts	27 October 2016
Annual Accounts
Start Date For Period Covered By Report	01 February 2016
Annual Accounts
Start Date For Period Covered By Report	01 February 2017
End Date For Period Covered By Report	31 July 2018
Annual Accounts
Start Date For Period Covered By Report	01 August 2018
End Date For Period Covered By Report	31 July 2019
Annual Accounts
Start Date For Period Covered By Report	01 August 2019
End Date For Period Covered By Report	31 July 2020
Annual Accounts
Start Date For Period Covered By Report	01 August 2020
End Date For Period Covered By Report	31 July 2021
Annual Accounts
Start Date For Period Covered By Report	01 August 2021
End Date For Period Covered By Report	31 July 2022
Annual Accounts 28 October 2014
End Date For Period Covered By Report	2014-01-31
Date Approval Accounts	28 October 2014
Annual Accounts
End Date For Period Covered By Report	31 January 2017

The Naissance Trading & Innovation Company Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Jem S.

Jem S.

Jennifer S.

Adrian R.

People with significant control

Jem S.

Scylding Group Limited

Jennifer S.

Accounts Documents

Company filings

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