Abraxas Capital Management Limited in London, WC2R 0LT

Description

Data updated on: 01-11-2023

Abraxas Capital Management came into being in 2002 as a company enlisted under no 04519371, located at WC2R 0LT London at 4th Floor. The company has been in business for twenty two years and its last known status is active. Even though currently it is referred to as Abraxas Capital Management Limited, it had the name changed. The company was known as Ccf Capital Management Incorporated until 2002-08-29, when the name got changed to Cff Capital Management. The last change came on 2002-12-09. This business's principal business activity number is 66300 - Fund management activities. Abraxas Capital Management Ltd filed its latest accounts for the period that ended on 2022-12-31. The firm's latest confirmation statement was submitted on 2022-12-31.

The information related to this specific firm's personnel indicates that there are three directors: Barbara D., Nicholas T. and Fabio F. who joined the company's Management Board on 2020-07-31, 2007-04-06 and 2002-08-29.

Previous company's names
Abraxas Capital Management Limited 2002-12-09
Cff Capital Management Limited 2002-08-29
Ccf Capital Management Incorporated Limited 2002-08-27

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	242 844	422 778	288 785	1 096 763	1 950 083
Current Assets	2 018 407	2 835 722	2 721 221	8 753 072	3 510 916
Debtors	340 902	385 848	1 074 584	4 021 015	1 193 176
Other Debtors	295 968	333 858	1 067 556	4 004 050	1 145 113
Property Plant Equipment	3 237	4 021	2 756	2 042	4 387

Other Financial Data
Audit Fees Expenses	6 660	6 860	7 064	7 275	7 490
Accrued Liabilities Deferred Income	328 517	405 878	402 633	2 901 953	1 764 161
Accumulated Depreciation Impairment Property Plant Equipment	24 343	25 454	26 296	27 010	27 893
Additions Other Than Through Business Combinations Property Plant Equipment		1 895	674		3 673
Administrative Expenses	1 174 424	1 345 105	1 149 935	2 410 953	3 202 711
Amounts Owed By Group Undertakings	5 118
Average Number Employees During Period	14	16	12	8	7
Cash Cash Equivalents		422 778	288 785
Cash Cash Equivalents Cash Flow Value	242 844	422 778	288 785	1 096 763	1 950 083
Cash Receipts From Sales Interests In Associates			-729 468
Comprehensive Income Expense	61 984	267 755	14 800	4 919 279	514 459
Corporation Tax Payable	10 591	62 641	3 953	1 154 072	119 463
Cost Sales	1 021 676	2 394 708	2 133 585	7 021 922	2 410 719
Creditors	1 738 529	2 333 873	2 205 385	8 127 827	2 373 557
Current Asset Investments	1 434 661	2 027 096	1 357 852	3 635 294	367 657
Current Tax For Period	10 591	62 641	3 953	1 154 072	119 463
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period					-1 353
Depreciation Expense Property Plant Equipment	1 035	1 111	952	714	902
Depreciation Impairment Expense Property Plant Equipment	1 035	1 111	952	714	902
Dividends Paid		45 000		4 812 662
Dividends Paid Classified As Financing Activities		-45 000		-4 812 662
Dividends Paid On Shares Final		45 000		4 812 662
Financial Assets		2 027 096	1 357 852
Fixed Assets		4 021	4 834	2 042
Further Item Gain Loss On Hedge Accounting Recognised In Profit Or Loss Component Corresponding Total			-537 195	-2 346 772	-2 292 459
Further Item Interest Expense Component Total Interest Expense		54 285		21 269	2 682
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total	308 280	855 648
Further Item Tax Increase Decrease Component Adjusting Items			188		11
Future Minimum Lease Payments Under Non-cancellable Operating Leases	74 964	74 964	540	540	30 569
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-3 922	-5 769	-12 441	-5 228	117 292
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-553 563	-543 294	75 962	-2 455 716
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	243 892	44 946	688 736	2 944 353	-2 827 839
Gain Loss On Disposal Available-for-sale Financial Assets			-63 230
Gain Loss On Disposals Property Plant Equipment			-987		-56
Gain Loss On Fair Value Hedged Items Attributable To Hedged Risk	-206 455	-272 299	66 359
Gain Loss On Financial Assets Fair Value Through Profit Or Loss		-127 551	594 290	2 277 443	2 287 459
Gain Loss On Hedging Instruments Designated As Fair Value Hedges	321 364	136 637	-537 195
Gross Profit Loss	1 112 153	1 979 278	1 088 933	8 656 856	3 734 297
Impairment Loss Reversal On Investments	-114 909	263 213	-60 224	151 284	-2 391 266
Income Taxes Paid Refund Classified As Operating Activities	9 855	-10 361	-62 641	-3 953	-1 152 719
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	40 709	-179 934	133 993
Increase Decrease In Current Tax From Adjustment For Prior Periods	-1 872	-230			-1 353
Increase From Depreciation Charge For Year Property Plant Equipment		1 111	952	714	902
Interest Expense	9 446	54 285
Interest Income	53	348
Interest Income On Bank Deposits	53	39	2		2
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	53	39	2		2
Interest Payable Similar Charges Finance Costs	9 446	54 285		2 449 996	2 291 090
Interest Received Classified As Investing Activities	-53	-348	-9 531	-1	-807
Investments	1 434 661	2 027 096	1 357 852	3 635 294	367 657
Investments Fixed Assets			2 078
Investments In Group Undertakings Participating Interests			2 078
Investments In Joint Ventures			2 078
Net Cash Flows From Used In Financing Activities		45 000	-6 162
Net Cash Flows From Used In Investing Activities	309 028	857 195	-736 247
Net Cash Flows From Used In Operating Activities	-268 319	-1 082 129	876 402	-5 732 758	-756 030
Net Cash Generated From Operations	-267 910	-1 328 067	813 761	-5 757 980
Net Current Assets Liabilities	279 878	501 849	515 836	625 245	1 137 359
Net Finance Income Costs	53	348	9 531	1	807
Net Interest Paid Received Classified As Operating Activities	-9 446	-54 285		-21 269	-2 682
Nominal Value Allotted Share Capital	40 000	40 000
Number Shares Issued Fully Paid		40 000
Operating Profit Loss	-42 796	647 316	-51 002	6 245 903	531 586
Other Creditors	1 329 157	1 640 017	1 134 719	3 271 734	22 289
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			110		19
Other Disposals Property Plant Equipment			1 097		445
Other Interest Income		309	9 529	1	805
Other Interest Receivable Similar Income Finance Income	53	348	9 531	1	807
Other Operating Income Format1	19 475	13 143	10 000
Other Taxation Social Security Payable	33 083	41 676	13 849	14 865	16 409
Par Value Share		1
Payments To Acquire Interests In Joint Ventures Classified As Investing Activities			-2 078
Pension Costs Defined Contribution Plan	2 810	4 315	4 816
Pension Other Post-employment Benefit Costs Other Pension Costs	2 810	4 315	4 816	5 269	5 913
Percentage Class Share Held In Joint Venture			50
Prepayments Accrued Income	39 816	51 990	7 028	13 786	18 257
Proceeds From Borrowings Classified As Financing Activities			-6 162	-2 316 607
Proceeds From Sales Other Long-term Assets Classified As Investing Activities			-729 468
Proceeds From Sales Property Plant Equipment					-370
Profit Loss	61 984	267 755	14 800	4 919 279	514 459
Profit Loss On Ordinary Activities Before Tax	62 720	330 166	18 753	6 073 351	632 569
Property Plant Equipment Gross Cost	27 580	29 475	29 052	29 052	32 280
Purchase Other Long-term Assets Classified As Investing Activities		-855 648		-2 428 726
Purchase Property Plant Equipment	-801	-1 895	-674		-3 673
Repayments Borrowings Classified As Financing Activities		-181 292
Social Security Costs	126 651	139 355	81 373	58 042	110 619
Staff Costs Employee Benefits Expense	843 144	982 852	876 554	2 212 933	2 949 921
Tax Decrease From Utilisation Tax Losses	10 023
Tax Expense Credit Applicable Tax Rate	11 917	62 732	3 563	1 153 937	120 188
Tax Increase Decrease From Effect Capital Allowances Depreciation	45	-148	53	135	-736
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	669	57	149	135
Tax Tax Credit On Profit Or Loss On Ordinary Activities	736	62 411	3 953	1 154 072	118 110
Total Assets Less Current Liabilities	283 115	505 870	520 670	627 287	1 141 746
Total Current Tax Expense Credit	736	62 411	3 953	1 154 072	118 110
Total Operating Lease Payments	70 244	75 375	49 815	1 844	34 946
Trade Creditors Trade Payables	37 181	183 661	650 231	785 203	451 235
Trade Debtors Trade Receivables				3 179	29 806
Turnover Revenue	2 133 829	4 373 986	3 222 518	15 678 778	6 145 016
Wages Salaries	713 683	839 182	790 365	2 149 622	2 833 389
Company Contributions To Defined Benefit Plans Directors	1 405	1 938	1 861	2 627	2 642
Company Contributions To Money Purchase Plans Directors	804	1 188
Director Remuneration	130 000	277 553	187 927	1 994 177	1 744 821
Director Remuneration Benefits Excluding Payments To Third Parties	304 261	277 553
Director Remuneration Benefits Including Payments To Third Parties	305 666	279 491	189 788	1 996 804	1 747 463
Number Directors Accruing Retirement Benefits	2	2	2