Econen Limited IPSWICH


Econen Limited is a private limited company located at Connexions 159 Ensors Chartered Accountants, Connexions 159 Princes Street. Its net worth is valued to be roughly 0 pounds, while the fixed assets belonging to the company amount to 0 pounds. Incorporated on 2019-07-24, this 4-year-old company is run by 1 director.
Director John W., appointed on 24 July 2019.
The company is categorised as "activities of head offices" (SIC code: 70100). According to CH records there was a change of name on 2022-11-14 and their previous name was Rch 7 Limited.
The latest confirmation statement was filed on 2022-11-14 and the date for the next filing is 2023-11-28. Moreover, the accounts were filed on 31 July 2022 and the next filing is due on 30 April 2024.

Econen Limited Address / Contact

Office Address Connexions 159 Ensors Chartered Accountants
Office Address2 Connexions 159 Princes Street
Town Ipswich
Post code
Country of origin United Kingdom

Company Information / Profile

Registration Number 12120998
Date of Incorporation Wed, 24th Jul 2019
Industry Activities of head offices
End of financial Year 31st July
Company age 5 years old
Account next due date Tue, 30th Apr 2024 (32 days left)
Account last made up date Sun, 31st Jul 2022
Next confirmation statement due date Tue, 28th Nov 2023 (2023-11-28)
Last confirmation statement dated Mon, 14th Nov 2022

Company staff

John W.

Position: Director

Appointed: 24 July 2019

Cameron G.

Position: Director

Appointed: 24 July 2019

Resigned: 31 October 2022

Kenneth B.

Position: Director

Appointed: 24 July 2019

Resigned: 31 October 2022

Mark S.

Position: Director

Appointed: 24 July 2019

Resigned: 31 October 2022

Resolve Invest Limited

Position: Corporate Director

Appointed: 24 July 2019

Resigned: 31 October 2022

People with significant control

The list of persons with significant control that own or control the company is made up of 2 names. As we established, there is John W. The abovementioned PSC has significiant influence or control over the company, has 75,01-100% voting rights and has 75,01-100% shares. Another one in the persons with significant control register is Cameron G. This PSC owns 50,01-75% shares and has 50,01-75% voting rights.

John W.

Notified on 31 October 2022
Nature of control: significiant influence or control
75,01-100% shares
75,01-100% voting rights
right to appoint and remove directors

Cameron G.

Notified on 24 July 2019
Ceased on 31 October 2022
Nature of control: 50,01-75% shares
50,01-75% voting rights
right to appoint and remove directors

Company previous names

Rch 7 November 14, 2022

Annual reports financial information

Profit & Loss
Accounts Information Date 2020-07-312021-07-312022-07-312023-07-31
Balance Sheet
Cash Bank On Hand  164 245871 838
Current Assets  3 573 2357 476 690
Debtors3 080 9743 080 9743 300 9742 321 974
Net Assets Liabilities  138 757184 976
Total Inventories48 50154 726  
Other
Accrued Liabilities Deferred Income382 059671 084  
Accumulated Amortisation Impairment Intangible Assets-45 131-90 262-138 657-184 876
Accumulated Depreciation Impairment Property Plant Equipment58 289680 008112 79325 510
Additions Other Than Through Business Combinations Intangible Assets-2 310 972   
Additions Other Than Through Business Combinations Property Plant Equipment 81 591  
Administrative Expenses2 836 6762 489 887  
Amounts Owed By Related Parties  3 300 9742 321 974
Amounts Owed To Group Undertakings66666666
Average Number Employees During Period4432
Cash Cash Equivalents131 570146 557  
Cash Flows Used In Acquiring Or Obtaining Control Subsidiaries Or Other Businesses Classified As Investing Activities-75   
Comprehensive Income Expense327 713-555 132  
Corporation Tax Recoverable   255 683
Cost Sales5 152 1354 800 349  
Creditors769 977769 9777 951 9816 450 000
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences70 539161 026  
Fixed Assets  10 220 6718 797 072
Further Item Current Tax Expense Credit Component Total Current Tax Expense -254 763  
Further Item Tax Increase Decrease Component Adjusting Items-10 22114 199  
Gain Loss On Disposals Property Plant Equipment-169 870500  
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income 84 183  
Government Grant Income79 13719 902  
Income Tax Expense Credit On Components Other Comprehensive Income 6 847  
Increase From Amortisation Charge For Year Intangible Assets-46 219-46 219 -44 043
Increase From Depreciation Charge For Year Property Plant Equipment 55 616 75 074
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment 29 616  
Intangible Assets-2 264 753-2 218 5342 172 3152 126 096
Intangible Assets Gross Cost-2 310 972 -2 310 972 
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings673 117655 035  
Interest Income On Bank Deposits362  
Interest Paid Classified As Operating Activities-89 695-69 300  
Interest Paid To Group Undertakings89 69569 300  
Interest Payable Similar Charges Finance Costs89 69569 300  
Interest Received Classified As Investing Activities-89 695-69 300  
Investments  7575
Investments Fixed Assets75757575
Investments In Subsidiaries7575  
Issue Equity Instruments100   
Net Cash Generated From Operations2 310 997   
Net Current Assets Liabilities2 310 9972 310 9972 310 9972 310 997
Net Finance Income Costs89 69569 300  
Other Creditors769 9111 057 7687 951 9816 450 000
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment 3 115 81 093
Other Disposals Property Plant Equipment 3 115 109 434
Other Interest Receivable Similar Income Finance Income362  
Other Remaining Borrowings6 522 0867 688 285  
Pension Other Post-employment Benefit Costs Other Pension Costs93 10195 611  
Percentage Class Share Held In Subsidiary7575 75
Prepayments Accrued Income661 123616 134  
Profit Loss46 21946 219  
Property Plant Equipment Gross Cost226 092277 961360 965533 518
Provisions For Liabilities Balance Sheet Subtotal  1 169 4682 233 842
Purchase Intangible Assets2 310 972   
Raw Materials Consumables48 50154 726  
Revaluations Increase Decrease In Depreciation Impairment Property Plant Equipment -113 905 -81 264
Social Security Costs225 013246 604  
Staff Costs Employee Benefits Expense2 461 2512 367 416  
Taxation Including Deferred Taxation Balance Sheet Subtotal1 070 0351 237 908  
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit -254 763  
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss5 092616  
Tax Tax Credit On Profit Or Loss On Ordinary Activities70 539-93 737  
Total Additions Including From Business Combinations Property Plant Equipment   363 251
Total Assets Less Current Liabilities46 31992 5387 917 39710 693 003
Total Borrowings768 372754 1867 951 9816 450 000
Total Increase Decrease From Revaluations Property Plant Equipment -29 722 -81 264
Trade Creditors Trade Payables761 8741 168 7911 255 4951 915 674
Trade Debtors Trade Receivables794 1421 001 8112 372 5925 208 717
Turnover Revenue9 070 7027 282 416  
Wages Salaries2 143 1372 025 201  

Company filings

Filing category
Accounts Address Change of name Confirmation statement Incorporation Mortgage Officers Persons with significant control Resolution
New registered office address C/O Red7Marine Cliff Road Dock Estate Cliff Road, Cliff Quay Ipswich Suffolk IP3 0AX. Change occurred on 2024-01-18. Company's previous address: Connexions 159 Ensors Chartered Accountants Connexions 159 Princes Street Ipswich Suffolk England.
filed on: 18th, January 2024
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