Artificial Labs Ltd in London, EC4M 9AL

Description

Data updated on: 01-11-2023

Registered as 08766928 eleven years ago, Artificial Labs Ltd was set up as a Private Limited Company. The actual office address is 10 Bow Lane, London. This business's principal business activity number is 62090 - Other information technology service activities. The latest filed accounts documents describe the period up to Saturday 31st December 2022 and the latest annual confirmation statement was released on Monday 7th November 2022.

As for this specific company, a number of director's tasks up till now have been carried out by Martin R., Wouter V., Oleg T. and 3 remaining, listed below. Amongst these six executives, David K. has managed company for the longest period of time, having been one of the many members of officers' team since November 2013.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-11-30	2015-11-30	2016-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	7 353	-59 782

Balance Sheet
Cash Bank On Hand				209 534	1 210 151	1 359 778	305 536	3 318 362
Current Assets	70 926	41 275		804 179	2 937 860	2 687 590	1 621 136	4 720 726
Debtors	69 568	41 275	144 354	594 645	1 727 709	1 327 812	1 315 600	1 402 364
Net Assets Liabilities		-59 782	-35 935	-1 056 815	1 226 974	-1 001 773	-2 832 232	3 837 063
Other Debtors				479 110	1 532 979	1 144 313	975 461	842 586
Property Plant Equipment		9 007	24 230	87 903	78 390	56 756	35 265	50 609
Cash Bank In Hand	1 358
Tangible Fixed Assets	8 653	9 007

Capital & Reserves
Called Up Share Capital	2	100
Profit Loss Account Reserve	7 351	-59 882
Shareholder Funds	7 353	-59 782

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment		7 285	18 991	61 529	96 667	127 449	159 833	186 199
Additional Provisions Increase From New Provisions Recognised								5 003
Additions Other Than Through Business Combinations Property Plant Equipment			26 929		25 625	12 287	10 893	41 710
Amounts Owed To Group Undertakings Participating Interests					1
Amounts Owed To Other Related Parties Other Than Directors				1 500 000	1 050 000		3 690 000	100 000
Average Number Employees During Period		6	8	18	22	25	22	21
Balances Amounts Owed By Related Parties					397
Balances Amounts Owed To Related Parties					350 000
Bank Borrowings Overdrafts								15
Convertible Preference Shares Liability						2 000 000
Creditors		110 064	199 673	1 937 049	1 779 960	1 740 642	4 486 983	927 619
Depreciation Expense Property Plant Equipment		4 074	11 706
Depreciation Rate Used For Property Plant Equipment			25		25	25	25	25
Disposals Decrease In Depreciation Impairment Property Plant Equipment						3 139
Disposals Property Plant Equipment						3 139
Fixed Assets				87 903	79 431	57 797	36 306	51 650
Future Minimum Lease Payments Under Non-cancellable Operating Leases				638 001	384 480	327 859	251 853	162 533
Increase Decrease In Existing Provisions					-1 491	-3 839	-3 827
Increase From Depreciation Charge For Year Property Plant Equipment			11 706		35 138	33 921	32 384	26 366
Investments					1 041	1 041	1 041	1 041
Investments Fixed Assets					1 041	1 041	1 041	1 041
Investments In Group Undertakings					1 041	1 041	1 041	1 041
Loan Capital						1 150 000	3 690 000
Net Current Assets Liabilities	-1 300	-68 789	-55 319	-1 132 870	1 157 900	946 948	-2 865 847	3 793 107
Number Shares Issued Fully Paid		100	100
Other Creditors				317 748	603 729	311 873	570 436	495 252
Other Remaining Borrowings					1 050 000	1 150 000
Other Taxation Social Security Payable				79 787	74 915	244 076	59 000	72 843
Par Value Share	1	1	1
Property Plant Equipment Gross Cost		16 292	43 221	149 432	175 057	184 205	195 098	236 808
Provisions				11 848	10 357	6 518	2 691	7 694
Provisions For Liabilities Balance Sheet Subtotal			4 846	11 848	10 357	6 518	2 691	7 694
Total Assets Less Current Liabilities	7 353	-59 782	-31 089	-1 044 967	1 237 331	1 004 745	-2 829 541	3 844 757
Trade Creditors Trade Payables				39 514	51 315	34 693	167 547	259 509
Trade Debtors Trade Receivables				115 535	194 730	183 499	340 139	559 778
Useful Life Property Plant Equipment Years							5
Advances Credits Directors				811	1 021			11 152
Advances Credits Made In Period Directors				15 316	1 239	392		11 152
Advances Credits Repaid In Period Directors				15 959	1 029	1 413
Creditors Due Within One Year	72 226	110 064
Number Shares Allotted	2	100
Share Capital Allotted Called Up Paid	2	100
Tangible Fixed Assets Additions	11 864	4 428
Tangible Fixed Assets Cost Or Valuation	11 864	16 292
Tangible Fixed Assets Depreciation	3 211	7 285
Tangible Fixed Assets Depreciation Charged In Period	3 211	4 074