Avendus Capital Asset Management (UK) Limited in Newcastle Upon Tyne, NE12 8EG

Description

Data updated on: 01-11-2023

This business referred to as Avendus Capital Asset Management (UK) was founded on 2017-10-13 as a Private Limited Company. This business's headquarters could be contacted at Newcastle Upon Tyne on Rmt Accountants & Business Advisors Ltd, Gosforth Park Avenue. When you have to contact the company by post, its zip code is NE12 8EG. The office reg. no. for Avendus Capital Asset Management (UK) Limited is 11012665. This business's declared SIC number is 64205 and their NACE code stands for Activities of financial services holding companies. The company's latest filed accounts documents detail the period up to 2023/03/31 and the most recent annual confirmation statement was submitted on 2023/10/12.

This business owes its well established position on the market and constant growth to exactly three directors, namely Puneet S., Sumit G. and Ranu V., who have been managing it since October 2017.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31	2024-03-31
Currency

Balance Sheet
Current Assets	587 393	1 501 324	713 198
Net Assets Liabilities	9 241 991	9 624 379	15 162 491	861 833	190 594	28 318

Other Financial Data
Audit Fees Expenses	5 400	5 400	5 400	4 900	5 100	13 200
Fees For Non-audit Services	3 600	3 660	2 920	2 664	3 780
Other Assurance Services Entity Subsidiaries Fees			280
Other Non-audit Services Entity Subsidiaries Fees	2 240	2 160	2 160	2 160	3 780	6 720
Taxation Compliance Services Entity Subsidiaries Fees	400	480	480	480
Accrued Liabilities	155 805	38 453	21 758	21 638	18 404	5 580
Administrative Expenses	20 850	-204 059	68 765	8 926	21 114	69 047
Amounts Owed By Other Related Parties Other Than Directors		881 191
Amounts Owed To Parent Entities	92 500	92 753	92 499	92 499	78 606
Average Number Employees During Period	3	3	3	3	3	3
Balances Amounts Owed To Related Parties	92 500	92 753	92 499	92 499	78 606
Bank Borrowings	8 119 729	7 286 131	3 840 033	3 932 685	1 721 587
Bank Borrowings Overdrafts		5 609 408	3 840 033
Capital Reduction Decrease In Equity						8 028 301
Cash Cash Equivalents	587 393	620 133	713 198	875 555	746 731	110 374
Cash Cash Equivalents Cash Flow Value			713 198	875 555	746 731	110 374
Cash Flows From Disposal Or Reduction In Control Over Subsidiaries						-3 562 097
Cash Receipts From Repayment Loans Advances Classified As Investing Activities						-750 000
Cash Receipts From Sales Equity Or Debt Instruments Other Entities Classified As Investing Activities			-129 485			1 098 098
Current Liabilities	1 093 461	7 454 058	3 970 725	3 292 135	4 659 137	1 033 740
Deferred Consideration For Business Combination	8 050 000	2 415 000	1 207 500	966 000
Dividend Income	660 000	400 000
Dividends Received Classified As Investing Activities	-660 000	-400 000			-252
Equity Securities Held	1 616 639	133 970				951 684
Financial Assets	25 084 190	23 601 521	23 467 551	5 000 000	4 103 000	951 684
Financial Liabilities	-16 429 592	-15 478 466	-5 047 533
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities			3 446 098		2 211 098	1 721 587
Further Item Non-operating Gain Loss Before Tax Income Statement Item Component Profit Or Loss Before Tax	-62 547	-815 631	-4 485	-17 784 551	-897 000	62 683
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				3 414 188
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables		881 191	-881 191
Increase Decrease In Cash Cash Equivalents After Foreign Exchange Differences Changes In Consolidation					128 824	636 357
Interest Expense	622 876	606 212	423 634	357 111	353 377	155 912
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	437 724	418 807	197 632	171 959
Interest Paid Classified As Operating Activities					-353 377	-155 912
Interest Payable Similar Charges Finance Costs	622 876	606 212	423 634	357 111	353 377	155 912
Investments In Subsidiaries	23 467 551	23 467 551	23 467 551	5 000 000	4 103 000
Issue Equity Instruments	2 250 000	1 200 172	6 034 996	3 849 930	600 000
Net Current Assets Liabilities	-506 068	-5 952 734	-3 257 527	-2 416 580	-3 912 406	-923 366
Net Interest Paid Received Classified As Operating Activities		-606 212	-423 634
Non-current Liabilities	15 336 131	8 024 408	5 047 533	1 721 587
Number Shares Issued Fully Paid		7 680 722	9 695 618
Operating Profit Loss	-20 850	204 059	-68 765	-8 926
Other Interest Expense	185 152	187 405	226 002	185 152	171 258	88 577
Other Interest Receivable Similar Income Finance Income	660 000	400 000			252
Other Payables	11 018	10 049	4 293
Par Value Share		1	1
Payments On Other Equity Instruments						-1 820 000
Percentage Class Share Held In Subsidiary		100	100	100
Proceeds From Issuing Shares		-1 200 172	-6 034 996	-3 849 930	-600 000
Proceeds From Sales Or Maturity Financial Assets Other Than Trading Investments		-667 038
Profit Loss	-46 273	-817 784	-496 884	-18 150 588	-1 271 239	-162 276
Profit Loss Before Tax	-46 273	-817 784	-496 884	-18 150 588
Profit Loss On Ordinary Activities Before Tax		-817 784	-496 884
Redeemable Preference Shares Liability					2 840 000	1 020 000
Tax Decrease Increase From Effect Revenue Exempt From Taxation	125 400	76 000
Tax Expense Credit Applicable Tax Rate	-8 792	-155 379	-94 408	-3 448 612	-241 535	-30 832
Tax Increase Decrease Arising From Group Relief Tax Reconciliation	134 192	231 379	94 408	69 547
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				3 379 065	241 535	30 832
Total Assets	25 671 583	25 102 845	24 180 749	5 875 555	4 849 731	1 062 058
Total Borrowings	8 119 729	7 286 131	3 840 033	3 932 685	4 561 587	1 020 000
Total Liabilities	16 429 592	15 478 466	9 018 258	5 013 722	4 659 137	1 033 740
Trade Creditors Trade Payables	540	1 080	1 860	900	540
Trade Other Payables	8 050 000	2 415 000	1 207 500	1 081 037	97 550	13 740
Trade Other Receivables		881 191

Company staff

Puneet S.

Role: Director

Appointed: 19 October 2017

Latest update: 2 November 2024

Sumit G.

Role: Director

Appointed: 13 October 2017

Latest update: 2 November 2024

Ranu V.

Role: Director

Appointed: 13 October 2017

Latest update: 2 November 2024

People with significant control

The companies with significant control over this firm include: Avendus Capital Private Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Bandra (E) at 9Th Floor, C59, Bandra-Kurla Complex, Mumbai-400 051 and was registered as a PSC under the reg no 123358.

Avendus Capital Private Limited

Address: 901 Platina 9th Floor, C59, Bandra-Kurla Complex, Bandra (E), Mumbai-400 051, India

Legal authority India

Legal form Private Limited Indian Non-Government Company

Country registered India

Place registered Registrar Of Companies, Mumbai, Maharashtra

Registration number 123358

Notified on 13 October 2017

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Henry K.

Notified on 13 October 2017

Ceased on 12 October 2023

Nature of control:

over 1/2 to 3/4 of shares

George R.

Notified on 13 October 2017

Ceased on 12 October 2023

Nature of control:

over 1/2 to 3/4 of shares

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	26 October 2024
Confirmation statement last made up date	12 October 2023

Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31
Annual Accounts
Start Date For Period Covered By Report	2023-04-01
End Date For Period Covered By Report	2024-03-31

Avendus Capital Asset Management (UK) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Puneet S.

Sumit G.

Ranu V.

Pravin D.

People with significant control

Avendus Capital Private Limited

Henry K.

George R.

Accounts Documents

Company filings

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