Company Identification Details
|
Subject Reported on
|
DAMARTEX UK LIMITED
|
|
Registration Number
|
00852773
|
|
VAT Number
|
GB427865321
|
|
Address
|
BOWLING GREEN MILLS, LIME
STREET, BINGLEY, WEST YORKSHIRE, BD97 1AD.
|
|
Telephone
|
0871 882 1933
|
|
Web Address
|
www.damartonline.co.uk
|
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 475,000
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
00852773
|
|
VAT Number
|
GB427865321
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
28/06/1965
|
|
Registered Office
|
BOWLING GREEN MILLS, LIME
STREET, BINGLEY, WEST YORKSHIRE, BD97 1AD.
|
|
History
|
26/06/2006 : Change
of name from THERMAWEAR LIMITED.
|
|
|
3/08/2005 : The
Registered Office address changed from BOWLING GREEN MILLS, BINGLEY, WEST YORKSHIRE,.
|
|
|
5/01/1994 : The
Registered Office address changed from BOWLING GREEN MILLS, BINGLEY, WEST YORKSHIRE,.
|
|
|
28/09/1979 : Change
of name from DAMART THERMAWEAR (BRADFORD) LIMITED.
|
|
Date of Last Annual Return to Registry
|
30/12/2010
|
|
Accounts
|
The last filed accounts at Companies House are those to 27/06/2009
|
|
Accounting Reference Date
|
30/06
|
Operations
|
Activities
|
A group engaged as mail order merchants.
|
|
Nace Code
|
5261
|
|
Premises
|
Owned,Offices,Warehouse
|
|
Staff Employed
|
782
|
|
Trade Names
|
DAMART THERMAWEAR, DAMART
|
|
Import Countries
|
ALL OVER THE WORLD
|
|
Export Countries
|
No Export Activity
|
|
Bankers
|
ROYAL BANK OF SCOTLAND PLC
|
|
Address
|
LEEDS.
|
|
Sort Code
|
162340
|
|
Auditors
|
Ernst & Young LLP
|
|
Branches
|
21 HIGH STREET, SOUTHEND-ON-SEA, ESSEX, SS1 1JD.
|
|
Subsidiaries
|
ANDRE DE BRETT
LIMITED
|
|
|
HOLT HOSIERY
COMPANY,LIMITED(THE)
|
|
|
J. HOLLAND HOSIERY
LIMITED, a company incorporated in IRISH REPUBLIC
|
|
|
RICHER OF LONDON
LIMITED
|
|
|
RUCKLIDGE DEBT
COLLECTION COMPANY LIMITED
|
|
|
S.H.C. LIMITED
|
|
|
THERMAWEAR LIMITED
|
Historical Rating
|
Date
|
Monthly Credit Guide
|
|
19/01/2011
|
475,000
|
|
19/10/2010
|
475,000
|
|
19/07/2010
|
475,000
|
|
19/04/2010
|
475,000
|
|
19/01/2010
|
325,000
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish Decrees are recorded in
our file.
|
Summary of Mortgages, Charges and Satisfactions
|
Total Number of Mortgages/Charges Registered
|
1
|
|
Number Outstanding
|
0
|
|
Number Partially Satisfied
|
0
|
|
Number Satisfied
|
1
|
|
|
|
|
Date of Latest Mortgage Created
|
14/09/1977
|
|
Date of Latest Satisfaction
|
22/09/2007
|
Details of most recent Mortgages, Charges and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
22/09/2007
|
19/09/1977
|
14/09/1977
|
Mortgage Debenture
|
N/A
|
Societe Generale Pour Favoriser Le Developpment Du Commerce
|
|
It should be noted that there is no legal requirement to file
satisfaction details of mortgages/charges at Companies House.
|
Other Filings and Notices
|
20/10/2009
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
22/08/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
12/07/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
12/12/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
04/08/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
10/02/2005
|
Companies House Gazette
|
Change among directors of a company
|
|
01/09/2004
|
Companies House Gazette
|
Change among directors of a company
|
|
22/04/2004
|
Companies House Gazette
|
Change among directors of a company
|
|
01/08/2003
|
Companies House Gazette
|
Change among directors of a company
|
|
04/01/2002
|
Companies House Gazette
|
Change among directors of a company
|
|
19/07/2001
|
Companies House Gazette
|
"Resolutions which give vary
|
|
19/07/2001
|
Companies House Gazette
|
Special resolutions passed under section 95 disapplication of
pre-emption rights
|
|
19/07/2001
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
19/07/2001
|
Companies House Gazette
|
Resolutions or agreements to which section 380 applies (relating to
shares rights or names)
|
|
28/01/2000
|
Companies House Gazette
|
Notification (given under section 122) of the redemption of shares
|
|
24/11/1999
|
Companies House Gazette
|
Change among directors of a company
|
|
18/09/1999
|
Companies House Gazette
|
Change among directors of a company
|
|
02/06/1999
|
Companies House Gazette
|
Change among directors of a company
|
|
09/02/1999
|
Companies House Gazette
|
Change among directors of a company
|
|
26/01/1999
|
Companies House Gazette
|
Change among directors of a company
|
Company Secretary
|
Secretary
|
STUART CREELEY
|
|
Service Address
|
BOWLING
GREEN MILLS LIME STREET, BINGLEY,
WEST YORKSHIRE, BD97 1AD.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
17/03/1962
|
|
Appointment Date
|
03/09/2004
|
|
Other Directorships
|
S.H.C. LIMITED, ANDRE DE BRETT LIMITED, RUCKLIDGE DEBT
COLLECTION COMPANY LIMITED
|
Directors
|
Marketing Director
|
JOHN BOTTOMLEY
|
|
Service Address
|
BOWLING
GREEN MILLS LIME STREET, BINGLEY,
WEST YORKSHIRE, BD97 1AD.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
15/02/1950
|
|
Appointment Date
|
02/08/1999
|
|
Other Directorships
|
S.H.C. LIMITED, ANDRE DE BRETT LIMITED
|
|
Director
|
GEORGE VASILI
|
|
Service Address
|
BOWLING
GREEN MILLS LIME STREET, BINGLEY,
WEST YORKSHIRE, BD97 1AD.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
31/12/1960
|
|
Appointment Date
|
31/01/2005
|
|
Other Directorships
|
S.H.C. LIMITED, ANDRE DE BRETT LIMITED
|
|
Director
|
ANDREW RATCLIFFE HILL
|
|
Service Address
|
BOWLING
GREEN MILLS LIME STREET, BINGLEY,
WEST YORKSHIRE, BD97 1AD.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
04/03/1955
|
|
Appointment Date
|
01/07/2003
|
|
Other Directorships
|
S.H.C. LIMITED, ANDRE DE BRETT LIMITED, RUCKLIDGE DEBT
COLLECTION COMPANY LIMITED, THERMAWEAR LIMITED, DAMART FINANCIAL
SERVICES LIMITED
|
|
Financial Director
|
STUART CREELEY
|
|
Service Address
|
BOWLING
GREEN MILLS LIME STREET, BINGLEY,
WEST YORKSHIRE, BD97 1AD.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
17/03/1962
|
|
Appointment Date
|
19/04/2004
|
|
Other Directorships
|
S.H.C. LIMITED, ANDRE DE BRETT LIMITED, RUCKLIDGE DEBT
COLLECTION COMPANY LIMITED
|
|
Director
|
PAMELA JEAN BOLAND
|
|
Service Address
|
BOWLING
GREEN MILLS LIME STREET, BINGLEY,
WEST YORKSHIRE, BD97 1AD.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
05/02/1960
|
|
Appointment Date
|
03/12/2007
|
|
Other Directorships
|
S.H.C. LIMITED
|
|
Personnel Director
|
LINDA ANN MONTGOMERY
|
|
Service Address
|
BOWLING
GREEN MILLS LIME STREET, BINGLEY,
WEST YORKSHIRE, BD97 1AD.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
10/07/1958
|
|
Appointment Date
|
28/07/2008
|
|
Other Directorships
|
S.H.C. LIMITED
|
|
Director
|
LYNN CORDALL
|
|
Service Address
|
BOWLING GREEN MILLS, LIME
STREET, BINGLEY, WEST YORKSHIRE, BD97 1AD.
|
|
Country of Origin
|
UNITED
KINGDOM
|
|
Date of Birth
|
03/03/1967
|
|
Appointment Date
|
05/10/2009
|
Share Capital
|
Shares
|
Ordinary 1 GBP 20.00
|
|
Issued Number
|
113,000
|
|
Shares
|
Ordinary GBP 20.00
|
|
Issued Number
|
242,700
|
|
Principal Shareholder
|
193,300 Cofisel AG
|
|
|
90,000 Cofisel AG
|
|
|
49,400 Damartex SA
|
|
|
23,000 Damartex SA
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
|
Holding Company
|
Cofisel AG, a company incorporated in SWITZERLAND
|
|
Ultimate Parent
|
DAMARTEX SA, a company incorporated in FRANCE
|
Financial Data– Statutory
Accounts
|
For annual accounts images, view the
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
27/06/2009
|
30/06/2008
|
30/06/2007
|
30/06/2006
|
|
Consolidated
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
86525
|
80881
|
86628
|
94184
|
|
Cost of goods sold
|
81370
|
81066
|
82406
|
85616
|
|
GROSS PROFIT
|
5155
|
(185)
|
4222
|
8568
|
|
Wages and Salaries
|
13984
|
14827
|
14018
|
13230
|
|
Directors Emoluments
|
1106
|
701
|
769
|
851
|
|
Auditors Fees
|
60
|
82
|
79
|
87
|
|
Non-Audit Fees
|
|
|
35
|
41
|
|
Trading Profit
|
2339
|
(4044)
|
1309
|
5511
|
|
Depreciation
|
1273
|
1621
|
1372
|
1186
|
|
OPERATING PROFIT
|
1066
|
(5665)
|
(63)
|
4325
|
|
Non Trading Income
|
(150)
|
2139
|
|
|
|
Interest Payable
|
785
|
2083
|
734
|
680
|
|
PRE TAX PROFIT
|
131
|
(5609)
|
(797)
|
3645
|
|
Taxation
|
(552)
|
(1088)
|
(107)
|
665
|
|
PROFIT AFTER TAX
|
683
|
(4521)
|
(690)
|
2980
|
|
RETAINED PROFITS
|
683
|
(4521)
|
(690)
|
2980
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
27/06/2009
|
30/06/2008
|
30/06/2007
|
30/06/2006
|
|
Consolidated
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
6992
|
8133
|
8804
|
7560
|
|
Tangible Assets
|
6992
|
8133
|
8804
|
7560
|
|
Fixed Assets
|
6992
|
8133
|
8804
|
7560
|
|
TOTAL CURRENT ASSETS
|
39362
|
41328
|
39005
|
34304
|
|
Trade debtors
|
16078
|
15397
|
16542
|
15741
|
|
Stocks
|
16069
|
18628
|
18971
|
13994
|
|
Other Current Assets
|
7215
|
7303
|
3492
|
4569
|
|
Misc Current Assets
|
5243
|
4563
|
2894
|
2378
|
|
Due From Group
|
1034
|
357
|
149
|
940
|
|
Cash
|
938
|
2383
|
449
|
1251
|
|
TOTAL ASSETS
|
46354
|
49461
|
47809
|
41864
|
|
TOTAL CURRENT LIABILITIES
|
18135
|
20558
|
28873
|
24233
|
|
Trade creditors
|
6704
|
6865
|
8520
|
7771
|
|
Short Term Loans
|
3857
|
7358
|
12910
|
9768
|
|
Bank Overdraft
|
600
|
600
|
6571
|
3512
|
|
Bank Loans
|
|
|
600
|
|
|
Other Finance
|
40
|
45
|
39
|
13
|
|
Due To Group
|
3217
|
6713
|
5700
|
6243
|
|
Other Liabilities
|
7574
|
6335
|
7443
|
6694
|
|
WORKING CAPITAL
|
21227
|
20770
|
10132
|
10071
|
|
TOTAL LONG TERM LIABS
|
18072
|
18970
|
4445
|
2818
|
|
Long Term Loans
|
15957
|
16587
|
2205
|
32
|
|
Bank Loans
|
|
1500
|
2100
|
|
|
Other Finance
|
15957
|
87
|
105
|
32
|
|
Due To Group
|
|
15000
|
|
|
|
Other Liabilities
|
2115
|
2383
|
2240
|
2786
|
|
NET ASSETS/(LIABILITIES)
|
10147
|
9933
|
14491
|
14813
|
|
SHARE CAPITAL + RESERVES
|
10147
|
9933
|
14491
|
14813
|
|
Share Cap + Sundry Res
|
10759
|
10759
|
10759
|
10759
|
|
Issued Share Capital
|
7114
|
7114
|
7114
|
7114
|
|
Sundry Reserves
|
3645
|
3645
|
3645
|
3645
|
|
Profit and Loss account
|
(612)
|
(826)
|
3732
|
4054
|
|
SHAREHOLDERS FUNDS
|
10147
|
9933
|
14491
|
14813
|
|
CAPITAL EMPLOYED
|
28219
|
28903
|
18936
|
17631
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
27/06/2009
|
30/06/2008
|
30/06/2007
|
30/06/2006
|
|
Consolidated
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Directors Remuneration
|
1106
|
701
|
769
|
851
|
|
Auditors Remuneration
|
60
|
82
|
79
|
87
|
|
Liquid Assets
|
17016
|
17780
|
16991
|
16992
|
|
Net Working Capital
|
21227
|
20770
|
10132
|
10071
|
|
Long Term Debt(>12 Months)
|
15957
|
16587
|
2205
|
32
|
|
Other Deferred Liabs
|
2115
|
2383
|
2240
|
2786
|
|
Tangible Net Worth(T.N.W)
|
10147
|
9933
|
14491
|
14813
|
|
Equity
|
10147
|
9933
|
14491
|
14813
|
|
Number of Years Trading
|
44
|
43
|
42
|
41
|
|
Number of Employees
|
782
|
837
|
901
|
900
|
|
Profit per Employee
|
167.5
|
(6701.3)
|
(884.6)
|
4050
|
|
Sales per Employee
|
110645.8
|
96632
|
96146.5
|
104648.9
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
27/06/2009
|
30/06/2008
|
30/06/2007
|
30/06/2006
|
|
Consolidated
|
Yes
|
Yes
|
Yes
|
Yes
|
|
Current Ratio
|
2.2
|
2
|
1.4
|
1.4
|
|
Long Term Debt/T.N.W
|
1.6
|
1.7
|
0.2
|
|
|
Pre Tax Profit Margin%
|
0.2
|
(6.9)
|
(0.9)
|
3.9
|
|
Gross Profit%
|
6
|
(0.2)
|
4.9
|
9.1
|
|
Debtors Days (D.S.O)
|
68
|
69
|
70
|
61
|
|
Creditors Days (D.P.O)
|
28
|
31
|
36
|
30
|
|
Quick Ratio
|
1.3
|
1.1
|
0.7
|
0.8
|
|
W.I.P/Inventory Days
|
72.1
|
83.9
|
84
|
59.7
|
|
Return on Investment%
|
2.9
|
(9.7)
|
(0.2)
|
15.8
|
|
Return on Assets%
|
0.3
|
(11.3)
|
(1.7)
|
8.7
|
|
T.N.W/Total Assets%
|
21.9
|
20.1
|
30.3
|
35.4
|
|
Return on Capital%
|
0.5
|
(19.4)
|
(4.2)
|
20.7
|
|
Rtn on Shareholders Funds%
|
1.3
|
(56.5)
|
(5.5)
|
24.6
|
|
Working Capital/Sales%
|
24.5
|
25.7
|
11.7
|
10.7
|
|
Borrowing Ratio%
|
195.3
|
241.1
|
104.3
|
66.2
|
|
Equity Gearing%
|
28
|
25.1
|
43.5
|
54.8
|
|
Stock Turnover
|
5.4
|
4.3
|
4.6
|
6.7
|
|
Days Purchases Outstanding
|
30.1
|
30.9
|
37.7
|
33.1
|
|
Sales/Fixed Assets
|
12.4
|
9.9
|
9.8
|
12.5
|
|
Debt Gearing
|
157.3
|
167
|
15.2
|
0.2
|
Key Industry Sector Trends
|
Year
|
2010
|
2009
|
2008
|
2007
|
|
Sample Size
|
2980
|
9329
|
9184
|
8688
|
|
Pre-Tax Profit Margin
|
1.6
|
(0.7)
|
(2.6)
|
(2.4)
|
|
Current Ratio
|
1.2
|
1.2
|
1.2
|
1.2
|
|
Borrowing Ratio
|
60.6
|
(8.6)
|
(2.8)
|
(9.6)
|
|
Return on Capital
|
74.1
|
61
|
71.1
|
70.4
|
|
Creditors Days
|
34
|
97
|
83
|
118
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Retail sale not in stores
|
Financial Summary
|
Auditors Qualification
|
|
The Auditors have expressed a clean
opinion (i.e. unqualified with no referrals) on the accounts for the period
ended 27/06/2009.
|
|
Turnover
|
|
Turnover has increased from GBP
80,881,000 to GBP 86,525,000, a growth of 7 % in the period.
|
|
Operating Profit
|
|
Totalled GBP 1,066,000. In the year
prior a Loss of GBP 5,665,000 was achieved.
|
|
Pre Tax Profit
|
|
The subject made a profit of GBP 131,000
in the period compared with a loss in the previous period of GBP 5,609,000.
|
|
Net Worth
|
|
Net worth has increased by 2 % and now
stands at GBP 10,147,000.
|
|
Fixed Assets
|
|
The subject's fixed assets reduced
during the year by GBP 1,141,000 to GBP 6,992,000 and are now 15 % of total
assets compared with 16 % in the previous year.
|
|
Long Term Liabilities
|
|
The company's long term liabilities
reduced during the period by 4 % and are now 178 % of net worth compared
with 191 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are now 39 % of
total liabilities compared with 38 % in the previous period.
|
|
Long Term Liabilities
|
|
Long term liabilities are 64 % of
capital employed, a decrease of 2 % over the previous period.
|
|
