Braemar Securities Limited in London, WC2N 5HR

Description

Data updated on: 01-11-2023

This particular Braemar Securities Limited firm has been operating on the market for twelve years, as it's been founded in 2012. Registered under the number 07899358, Braemar Securities was set up as a Private Limited Company located in 1 Strand, London WC2N 5HR. This company changed its name already two times. Up to 2022 this firm has provided its services as Braemar Atlantic Securities but now this firm is featured under the name Braemar Securities Limited. This business's SIC code is 66190 and has the NACE code: Activities auxiliary to financial intermediation n.e.c.. The company's latest financial reports were submitted for the period up to February 28, 2023 and the most recent confirmation statement was filed on January 5, 2023.

On January 25, 2016, the firm was employing a City Based Broker -Desk Assistant to fill a post in City Of London. They offered a job with wage from £24000.00 to £28000.00 per year.

This firm owes its well established position on the market and permanent progress to exactly six directors, who are Vaughan E., Sander B., Richard G. and 3 remaining, listed below, who have been presiding over it since 2023.

Previous company's names
Braemar Securities Limited 2022-10-06
Braemar Atlantic Securities Limited 2018-02-07
Atlantic Brokers Ltd 2012-01-05

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-02-29	2021-02-28	2022-02-28	2023-02-28
Currency

Balance Sheet
Cash Bank On Hand	1 269 030	1 428 549	2 760 515	3 958 099
Current Assets	1 806 587	1 978 143	5 645 024	8 420 687
Debtors	537 557	549 594	2 884 509	4 462 588
Net Assets Liabilities			3 456 859	5 640 554
Other Debtors	250	167	32 732	43 709
Property Plant Equipment			7 819	41 329

Other Financial Data
Audit Fees Expenses	8 500	8 500	8 500
Other Assurance Services Fees			2 500	2 750
Other Non-audit Services Fees			2 500	2 750
Accrued Liabilities Deferred Income	260 720	219 645	1 884 326	2 108 477
Accumulated Depreciation Impairment Property Plant Equipment	15 697	15 697	4 793	10 056
Additions Other Than Through Business Combinations Property Plant Equipment			8 922	38 773
Administrative Expenses	1 431 748	1 173 772	1 260 524	3 440 599
Amounts Owed By Group Undertakings			1 500 000	1 500 000
Amounts Owed To Group Undertakings	63 049	223 399	244 669	409 703
Average Number Employees During Period	15	16	15	22
Corporation Tax Recoverable	3 753			13 743
Cost Sales	1 341 743	2 022 681	4 862 479	3 732 040
Creditors	324 934	479 051	2 195 984	2 614 303
Depreciation Expense Property Plant Equipment	576		1 103	5 263
Dividends Paid				2 000 000
Dividends Paid On Shares Interim				2 000 000
Further Item Tax Increase Decrease Component Adjusting Items				1 526
Gross Profit Loss	1 090 797	1 192 719	3 218 110	7 437 105
Increase Decrease In Current Tax From Adjustment For Prior Periods		3 753
Increase From Depreciation Charge For Year Property Plant Equipment			1 103	5 263
Interest Income On Bank Deposits		2 245	181	406
Net Current Assets Liabilities	1 481 653	1 499 092	3 449 040	5 806 384
Operating Profit Loss	-340 951	18 947	1 957 586	3 996 506
Other Creditors				26 810
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			12 007
Other Disposals Property Plant Equipment			12 007
Other Interest Receivable Similar Income Finance Income	4 168	2 245	181	406
Other Provisions Balance Sheet Subtotal				207 159
Pension Other Post-employment Benefit Costs Other Pension Costs	22 500	31 012		135 994
Prepayments Accrued Income	11 349	37 539	55 399	165 329
Profit Loss	-336 580	17 439	1 957 767	3 996 912
Profit Loss On Ordinary Activities Before Tax	-336 783	21 192	1 957 767	3 996 912
Property Plant Equipment Gross Cost	15 697	15 697	12 612	51 385
Share-based Payment Expense Cash Settled				186 783
Social Security Costs	78 357	52 952		264 823
Staff Costs Employee Benefits Expense	1 942 294	2 424 728	5 098 176	5 153 994
Tax Decrease Increase From Effect Revenue Exempt From Taxation		427
Tax Expense Credit Applicable Tax Rate	-63 989	4 026	371 976	759 413
Tax Increase Decrease Arising From Group Relief Tax Reconciliation		-7 425	-387 064	-865 704
Tax Increase Decrease From Effect Capital Allowances Depreciation			-1 994	-8 671
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	780	3 826	17 082	113 436
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-203	3 753
Total Assets Less Current Liabilities	1 481 653	1 499 092	3 456 859	5 847 713
Trade Creditors Trade Payables	50	36 007	66 989	69 313
Trade Debtors Trade Receivables	372 972	490 256	1 296 378	2 265 156
Turnover Revenue	2 432 540	3 215 400	8 080 589	11 169 145
Wages Salaries	1 841 437	2 340 764		4 753 177
Company Contributions To Defined Benefit Plans Directors		28 500	13 958	5 833
Director Remuneration	480 000	291 500	220 733	1 095 298
Director Remuneration Benefits Including Payments To Third Parties		323 142	234 691	1 101 131
Company Contributions To Money Purchase Plans Directors	22 500	28 500
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1
Applicable Tax Rate	19	19
Comprehensive Income Expense	-336 580	17 439
Number Shares Issued Fully Paid		146 198
Other Deferred Tax Expense Credit	-203
Other Taxation Social Security Payable	1 115
Par Value Share		1
Recoverable Value-added Tax	149 233	21 632
Tax Decrease From Utilisation Tax Losses	-63 209
Total Operating Lease Payments	422 641	329 039