Abbey Commercial Investments Limited in London, W1W 5DR

Description

Data updated on: 01-11-2023

This company referred to as Abbey Commercial Investments was established on 19th September 1947 as a Private Limited Company. The company's headquarters may be contacted at London on Devonshire House, 1 Devonshire Street. In case you want to contact this firm by mail, its postal code is W1W 5DR. The office registration number for Abbey Commercial Investments Limited is 00442441. The company's principal business activity number is 68209 which stands for Other letting and operating of own or leased real estate. 30th June 2022 is the last time when the accounts were filed.

When it comes to the limited company, the majority of director's responsibilities up till now have been fulfilled by Colin G., Alexander D. and Roland D.. Out of these three individuals, Roland D. has managed limited company for the longest period of time, having become a member of directors' team 18 years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30
Currency

Balance Sheet
Cash Bank On Hand	513 432	15 057	10 762	10 762	10 762
Current Assets	45 387 575	46 614 466	48 489 697	44 012 912	37 964 599
Debtors	44 874 143	46 599 409	48 478 935	44 002 150	37 615 525
Net Assets Liabilities	34 959 552	27 723 208	28 160 380	25 500 768	21 079 914
Other Debtors	1 881 209	1 684 110	4 970 071	4 018 160	3 754 933
Property Plant Equipment	4 809			107 657	40 974
Total Inventories		22 162 792	26 324 930	26 153 451	338 312

Other Financial Data
Audit Fees Expenses	100 000	41 000
Fees For Non-audit Services	53 608	77 857
Accrued Liabilities Deferred Income	192 849	396 827	351 678
Accumulated Amortisation Impairment Intangible Assets			-4 912 648	-4 912 648	-4 912 648
Accumulated Depreciation Impairment Property Plant Equipment	137 683	3 807 296	4 326 654	17 553	25 323
Acquired Through Business Combinations Property Plant Equipment					62 000
Additions Other Than Through Business Combinations Intangible Assets				521 703	979 908
Additions Other Than Through Business Combinations Investment Property Fair Value Model				965 434
Additions Other Than Through Business Combinations Property Plant Equipment				125 210	1 087
Administrative Expenses	2 820 320	4 176 126	3 601 230
Amounts Owed By Group Undertakings		44 804 475	43 458 349
Amounts Owed By Related Parties			43 458 349	39 937 329	33 852 187
Amounts Owed To Group Undertakings	514 784	1 924 789	1 603 478	562 828	2 124 187
Applicable Tax Rate		19	19
Average Number Employees During Period	7	6	6	7	5
Bank Borrowings	22 882 208	24 580 703	22 032 322	22 020 425	18 896 604
Bank Borrowings Overdrafts	3 710 850	24 580 703	4 066 639	2 709 968	14 126 605
Bank Overdrafts		51 851	455 158	99 408	175 685
Carrying Amount Under Cost Model Revalued Assets Intangible Assets		1 242 046	1 442 046
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	394 642	311 347	304 843
Cash Cash Equivalents Cash Flow Value	2 044 340	1 630 744	1 928 974
Corporation Tax Payable		630 953	525 603	372 108	500 949
Corporation Tax Recoverable		908	908	808	808
Cost Sales	8 306 703	1 098 846	2 259 806
Creditors	17 261 171	24 580 703	49 205 018	21 409 314	32 953 432
Current Tax For Period					161 533
Deferred Tax Asset Debtors		46 507	53 943	43 547	33 151
Deferred Tax Assets		46 507	53 943	43 547
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period		-141 391	69 809		788 226
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws					425 762
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				269 864	409 100
Deferred Tax Liabilities		611 393	454 446	454 446
Depreciation Amortisation Impairment Expense			56 159
Disposals Investment Property Fair Value Model				1 116 405
Dividend Declared Payable	57 804	58 259	52 674	66 719	67 231
Dividends Interest Received Classified As Investing Activities		121 776	56 818
Dividends Paid Classified As Financing Activities	-394 642	-311 347	-304 843
Equity Securities Held	310 934	310 934			642 330
Finance Lease Liabilities Present Value Total		14 440 242	13 945 792
Financial Commitments Other Than Capital Commitments			13 945 792	13 902 672
Fixed Assets	15 866 835	10 930 226	7 120 916	7 312 101	7 667 204
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities		1 838	919
Further Item Operating Income Gain Income Statement Item Component Operating Profit Loss			1 560 989
Further Item Tax Increase Decrease Component Adjusting Items				-27 327	-50
Future Minimum Lease Payments Under Non-cancellable Operating Leases	475 450	475 450
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income		-287 717	179 208
Gross Profit Loss	8 450 181	2 066 244	4 929 817
Income Taxes Paid Refund Classified As Operating Activities		-1 298	30 506
Increase Decrease From Fair Value Adjustment Investment Property Fair Value Model				-81 204
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		-413 596	298 230
Increase Decrease In Current Tax From Adjustment For Prior Periods		-19 555	83 400	133 495	-50
Increase Decrease In Existing Provisions			-49 240
Increase From Amortisation Charge For Year Intangible Assets				309 832	505 552
Increase From Depreciation Charge For Year Property Plant Equipment		4 809	583 456	17 553	16 520
Intangible Assets	1 642 046	1 442 046	-339 116	-339 116	-339 116
Intangible Assets Gross Cost			-5 251 764	-5 251 764	-5 251 764
Interest Payable Similar Charges Finance Costs		2 629 120	2 445 540
Investment Income Net Amounts Written Off Back To Investments	65 909	121 776	56 818
Investment Property	9 573 875	9 678 786	6 392 625	6 392 625	6 292 625
Investments	6 288 151	1 251 440	728 291	811 819	1 333 605
Investments Fixed Assets	6 288 151	1 251 440	728 291	811 819	1 333 605
Investments In Subsidiaries	5 977 217	940 506	728 291	811 819	691 275
Key Management Personnel Compensation Total	157 083	160 000	136 668	113 668	103 479
Net Cash Flows From Used In Financing Activities		3 493 461	2 417 542
Net Cash Flows From Used In Investing Activities		2 804 202	377 865
Net Cash Flows From Used In Operating Activities		1 102 855	1 741 447
Net Cash Generated From Operations		1 310 121	715 554
Net Current Assets Liabilities	24 827 150	43 523 130	45 012 171	41 107 808	32 417 571
Net Finance Income Costs	4 582 527	2 629 120
Net Interest Paid Received Classified As Operating Activities		2 414 274	2 426 495
Nominal Value Allotted Share Capital			1
Number Shares Allotted		37 500	20 000
Number Shares Issued Fully Paid			200 000	200 000	20 000
Operating Profit Loss	5 644 694	2 364 984	2 918 763
Other Creditors	372 014	469 473	7 924 785	8 062 409	8 062 409
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			142 492	23 972	8 750
Other Disposals Property Plant Equipment			142 492	73 972	60 000
Other Investments Other Than Loans		310 934
Other Operating Income Format1	14 833	16 061	29 187
Other Remaining Borrowings			7 924 785	10 076 962	8 062 409
Other Taxation Social Security Payable		9 642	39 649	41 809	6 829
Par Value Share			200 000	200 000
Payments To Acquire Or Redeem Own Shares Other Equity Instruments			37 500
Pension Other Post-employment Benefit Costs Other Pension Costs	156
Percentage Class Share Held In Subsidiary		100	100	28	28
Prepayments Accrued Income	41 159	56 287	56 489
Proceeds From Borrowings Classified As Financing Activities		25 456 926	4 982 010
Proceeds From Sales Other Long-term Assets Classified As Investing Activities			630 000
Proceeds From Sales Property Plant Equipment Intangible Assets Classified As Investing Activities			820 767
Profit Loss	10 751 473	-6 924 997	779 515	-2 592 893	-4 353 623
Profit Loss Attributable To Non-controlling Interests			49 722
Profit Loss Attributable To Owners Parent		-15 589	474 136
Profit Loss On Discontinued Operations Including Gain Or Loss On Sale			19 866
Profit Loss On Ordinary Activities After Tax		-15 589	523 858
Profit Loss On Ordinary Activities Before Tax	4 983 245	145 357	370 699
Property Plant Equipment Gross Cost	142 492	15 762 145	15 296 070	125 210	66 297
Provisions		1 538 052	1 940 385	1 509 827
Provisions For Liabilities Balance Sheet Subtotal	2 023 583	2 149 445	1 940 385	1 509 827	719 368
Purchase Investment Properties		2 925 978	1 885 450
Raw Materials Consumables		10 000
Redemption Shares Decrease In Equity			37 500
Repayments Borrowings Classified As Financing Activities		21 652 573	2 216 540
Social Security Costs	28 990	28 821	25 075
Staff Costs Employee Benefits Expense	297 677	283 505	256 148
Taxation Including Deferred Taxation Balance Sheet Subtotal	661 146	611 393	454 446
Taxation Social Security Payable				509 241	912 585
Tax Decrease From Utilisation Tax Losses		42 909	49 408	206 399	671 254
Tax Expense Credit Applicable Tax Rate		27 618	70 433
Tax Increase Decrease From Effect Capital Allowances Depreciation		168 488	134 974	-170 537	-130 514
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		547 644	182 597	131 722	623 314
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward		261 383	385 120	97 027
Tax Increase Decrease From Other Short-term Timing Differences		-34 950	18 144
Tax Tax Credit On Profit Or Loss On Ordinary Activities	757 261	160 946	153 159	136 369	996 345
Total Assets Less Current Liabilities	40 693 985	54 453 356	52 133 087	48 419 909	40 084 775
Total Borrowings			22 487 480	22 119 833	19 072 289
Total Current Tax Expense Credit				-133 495	161 483
Total Deferred Tax Expense Credit				269 864	834 862
Trade Creditors Trade Payables	151 146	180 495	3 491 274	136 250	3 709 319
Trade Debtors Trade Receivables	11 828	54 537	50 515	46 661	8 405
Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Depreciation Impairment Property Plant Equipment					-25 421
Turnover Revenue	16 756 884	7 310 805	7 027 301
Turnover Revenue Free-text Comment	16 756 884	7 623 895
Voting Power In Subsidiary If Different From Ownership Interest Percent		100	100	100	100
Wages Salaries	268 531	254 684	231 073
Work In Progress		22 152 792	26 324 930
Director Remuneration Benefits Excluding Payments To Third Parties		160 000	136 668
Dividend Recommended By Directors		251 250	251 250