Udare Limited in London, NW6 2HP

Description

Data updated on: 01-11-2023

This particular Udare Limited company has been in this business for at least 37 years, as it's been founded in 1987. Registered under the number 02119045, Udare was set up as a Private Limited Company located in Unit 2 Hampstead West, London NW6 2HP. The enterprise's declared SIC number is 46420 and their NACE code stands for Wholesale of clothing and footwear. The latest filed accounts documents describe the period up to Friday 30th September 2022 and the most current confirmation statement was filed on Friday 12th May 2023.

On Wednesday 29th July 2015, the enterprise was searching for a Accounts Manager (Sales) to fill a full time post in London, London. They offered a full time job with wage from £13.3 to £16.9 per hour.

Chandra S. and Tara S. are registered as the company's directors and have been monitoring progress towards achieving the objectives and policies since June 1992. In order to support the directors in their duties, this business has been utilizing the expertise of Tara S. as a secretary since the appointment on 2004-09-30.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-09-30	2021-09-30	2022-09-30	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	1 264 353	1 583 114	1 781 622	270 777
Current Assets	5 506 473	4 676 637	4 245 665	4 812 324
Debtors	4 200 520	3 093 523	2 464 043	4 541 547
Net Assets Liabilities	2 606 460	3 033 104	2 329 663	2 350 518
Other Debtors	125 000	6 758	10 558	18 326
Property Plant Equipment	995 427	986 217	979 900	978 713
Total Inventories	41 600

Other Financial Data
Audit Fees Expenses	15 987	9 138	10 854	7 846
Accrued Liabilities Deferred Income	14 000	9 100	9 000	5 000
Accumulated Depreciation Impairment Property Plant Equipment	214 998	229 038	243 508	250 564
Additions Other Than Through Business Combinations Property Plant Equipment		4 830	8 153	5 869
Administrative Expenses	1 467 274	878 782	990 587	618 725
Average Number Employees During Period	10	10	11	10
Bank Borrowings	3 731 755	2 626 996	1 463 556	1 293 992
Bank Borrowings Overdrafts	2 448 889	2 168 596	1 000 116	831 093
Banking Arrangements Classified As Cash Cash Equivalents				-746 374
Bank Overdrafts				746 374
Cash Cash Equivalents Cash Flow Value	1 264 353	1 583 114	1 781 622	-475 597
Cash Receipts From Repayment Other Loans Advances Classified As Investing Activities		-118 242	-6 758
Cash Receipts From Sales Interests In Associates	-260 000	-118 242	-6 758
Comprehensive Income Expense	644 586	826 644	773 098	870 855
Corporation Tax Payable	154 939	196 223	187 195	391 665
Cost Sales	24 765 606	13 939 593	16 921 538	9 143 678
Creditors	2 448 889	2 168 596	2 000 116	2 331 093
Current Tax For Period	154 939	196 223	187 195	204 470
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			18 670
Depreciation Expense Property Plant Equipment	24 185	14 040	14 470
Depreciation Impairment Expense Property Plant Equipment	24 185	14 040	14 470	7 056
Dividends Paid	385 000	400 000	1 476 539	850 000
Dividends Paid Classified As Financing Activities	-385 000	-400 000	-1 476 539	-850 000
Dividends Paid On Shares Interim	385 000	400 000	1 476 539	850 000
Fixed Assets	3 145 427	3 236 217	3 229 900	3 228 713
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities	132 566	1 104 759	1 163 440	169 564
Further Item Tax Increase Decrease Component Adjusting Items			18 670
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss		29 307	-264 458	-105 330
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	3 382 910	102 215	-419 950	736 663
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-1 155 821	-988 755	-622 722	2 077 504
Gain Loss In Cash Flows From Change In Inventories	41 600	-41 600
Gross Profit Loss	2 455 094	1 966 505	2 059 930
Income Taxes Paid Refund Classified As Operating Activities	-160 533	-154 939	-196 223
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		-318 761	-198 508	2 257 219
Increase From Depreciation Charge For Year Property Plant Equipment		14 040	14 470	7 056
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	133 126	65 026	107 707
Interest Expense On Debt Securities In Issue Other Similar Loans	161 253	44 330	27 173	22 135
Interest Paid Classified As Operating Activities		-109 356	-134 880	-80 656
Interest Payable Similar Charges Finance Costs	294 379	109 356	134 880	80 656
Interest Received Classified As Investing Activities	-4 688
Investment Property	2 150 000	2 150 000	2 150 000	2 150 000
Investment Property Fair Value Model	2 150 000	2 150 000	2 150 000
Investments		100 000	100 000	100 000
Investments Fixed Assets		100 000	100 000	100 000
Net Cash Flows From Used In Operating Activities	1 610 199	-1 810 108
Net Cash Generated From Operations	1 155 287	-2 074 403	-2 170 985	1 651 130
Net Current Assets Liabilities	1 969 043	2 024 604	1 177 670	1 530 689
Net Finance Income Costs	4 688
Net Interest Paid Received Classified As Operating Activities	-294 379	-109 356
Operating Profit Loss	1 089 216	1 132 223	1 113 843
Other Creditors	120 998		207 828	220 125
Other Interest Income	4 688
Other Interest Receivable Similar Income Finance Income	4 688
Other Operating Income Format1	101 396	44 500	44 500	22 250
Other Remaining Borrowings			1 000 000	1 500 000
Other Taxation Social Security Payable	39 628	50 348	5 671	6 839
Pension Other Post-employment Benefit Costs Other Pension Costs	6 579	3 702	4 267	2 577
Prepayments Accrued Income	15 000	14 603	19 201	8 340
Proceeds From Sales Or Maturity Financial Assets Held For Trading Trading Investments		100 000
Profit Loss	644 586	826 644	773 098	870 855
Profit Loss On Ordinary Activities Before Tax	799 525	1 022 867	978 963	1 075 325
Property Plant Equipment Gross Cost	1 210 425	1 215 255	1 223 408	1 229 277
Purchase Property Plant Equipment	-8 671	-4 830	-8 153	-5 869
Raw Materials Consumables	41 600
Repayments Borrowings Classified As Financing Activities			1 000 000	500 000
Social Security Costs	41 144	11 116	513
Staff Costs Employee Benefits Expense	527 559	425 275	413 262	257 654
Taxation Including Deferred Taxation Balance Sheet Subtotal	59 121	59 121	77 791	77 791
Tax Expense Credit Applicable Tax Rate	151 910	194 345	186 003	204 312
Tax Increase Decrease From Effect Capital Allowances Depreciation	2 672	1 487	496	-219
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	357	391	696	377
Tax Tax Credit On Profit Or Loss On Ordinary Activities	154 939	196 223	205 865	204 470
Total Assets Less Current Liabilities	5 114 470	5 260 821	4 407 570	4 759 402
Total Borrowings	2 448 889	2 626 996	2 463 556	3 540 366
Trade Creditors Trade Payables	1 924 999	1 937 962	2 194 861	1 448 733
Trade Debtors Trade Receivables	4 060 520	3 072 162	2 434 284	4 514 881
Transfers To From Retained Earnings Increase Decrease In Equity	-2 930	-1 953	-1 953	-977
Turnover Revenue	27 220 700	15 906 098	18 981 468
Wages Salaries	479 836	410 457	408 482	242 707
Director Remuneration	153 000	12 000	24 000	12 000

Company staff

Tara S.

Role: Secretary

Appointed: 30 September 2004

Latest update: 13 December 2023

Chandra S.

Role: Director

Appointed: 01 June 1992

Latest update: 13 December 2023

Tara S.

Role: Director

Appointed: 31 May 1991

Latest update: 13 December 2023

People with significant control

Chandra S. is the individual who controls this firm, owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Chandra S.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Tara S.

Notified on 6 April 2016

Ceased on 6 April 2019

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	30 September 2022
Confirmation statement next due date	26 May 2024
Confirmation statement last made up date	12 May 2023

Annual Accounts
Start Date For Period Covered By Report	2020-10-01
End Date For Period Covered By Report	2021-09-30
Annual Accounts
Start Date For Period Covered By Report	2021-10-01
End Date For Period Covered By Report	2022-09-30
Annual Accounts
Start Date For Period Covered By Report	2022-10-01
End Date For Period Covered By Report	2023-03-31

Accounts Manager (Sales) in London, posted on Wednesday 29th July 2015
Region / City	London, London
Industry	Clothes and textiles production
Salary	From £26000.00 to £33000.00 per year
Job type	full time

Accounts Manager (Sales) in London, posted on Wednesday 29th July 2015

Region / City

London, London

Industry

Clothes and textiles production

Salary

From £26000.00 to £33000.00 per year

Job type

full time

Udare Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Tara S.

Chandra S.

Tara S.

Rajni D.

Jagdish S.

People with significant control

Chandra S.

Tara S.

Accounts Documents

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Company filings

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