Benz Travel Limited in London, W7 2QE

Description

Data updated on: 01-11-2023

Benz Travel Limited has been prospering in this business for thirty three years. Registered under the number 02626287 in 1991, the firm is based at Benz Travel Limited Suite 11 Boundary House, London W7 2QE. This company's principal business activity number is 79110 and has the NACE code: Travel agency activities. 31st December 2022 is the last time the accounts were filed.

Regarding the following business, the full extent of director's assignments have so far been done by Sunder K. who was designated to this position in 1991. Additionally, the director's tasks are regularly assisted with by a secretary - Sarita K., who was selected by this business thirty three years ago.

Executives who have control over the firm are as follows: Sunder K. has substantial control or influence over the company owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights. Sarita K. has substantial control or influence over the company owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	910 046	796 636	541 430
Current Assets	2 928 162	3 510 966	3 175 799
Debtors	2 008 289	2 705 270	2 628 300
Net Assets Liabilities	1 845 655	1 176 258	1 193 283
Other Debtors	314 224	64 223	68 629
Property Plant Equipment	9	9	2 745

Other Financial Data
Audit Fees Expenses	11 450	8 000	12 000
Fees For Non-audit Services			10 000
Director Remuneration	8 628	8 628	9 102
Dividend Recommended By Directors		70 000	40 000
Accrued Liabilities	81 198	150 986	327 600
Accumulated Amortisation Impairment Intangible Assets	20 000	25 000
Accumulated Depreciation Impairment Property Plant Equipment	77 798	77 798	688
Administrative Expenses	1 792 379	1 332 778	1 778 385
Amortisation Expense Intangible Assets	1 250	5 000
Applicable Tax Rate	19	19	19
Average Number Employees During Period	21	17	19
Bank Borrowings	60 948	135 753	125 564
Bank Borrowings Overdrafts	1 516 679	1 064 023	941 299
Cash Cash Equivalents Cash Flow Value	910 046	796 636
Comprehensive Income Expense	-131 184	-599 397	57 025
Corporation Tax Payable	50 593	64	64
Corporation Tax Recoverable	50 293
Cost Sales	6 763 361	5 897 319	15 038 362
Creditors	1 516 679	1 064 023	953 936
Current Asset Investments	9 827	9 060	6 069
Current Tax For Period	-50 293
Depreciation Amortisation Expense	1 250	5 000	688
Depreciation Expense Property Plant Equipment			688
Disposals Decrease In Amortisation Impairment Intangible Assets			25 000
Disposals Decrease In Depreciation Impairment Property Plant Equipment			77 798
Disposals Intangible Assets			25 000
Disposals Investment Property Fair Value Model		645 000
Disposals Property Plant Equipment			77 807
Dividend Per Share Final		1	0
Dividends Paid	50 000	70 000	40 000
Dividends Paid Classified As Financing Activities	-50 000	-70 000	-40 000
Dividends Paid On Shares Final	50 000	70 000	40 000
Dividends Received Classified As Investing Activities			-284
Fixed Assets	2 480 008	1 870 009	1 958 745
Future Minimum Lease Payments Under Non-cancellable Operating Leases	6 825	6 825	9 213
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-1 919		261
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-2 995 315	1 077 922	-140 518
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	2 001 155	-747 274	76 970
Gain Loss On Disposal Assets Income Statement Subtotal	-38 984	1 172	-9
Gain Loss On Disposals Property Plant Equipment	-38 984	1 172	-9
Government Grant Income	264 029	157 687
Gross Profit Loss	1 129 536	503 023	1 734 045
Income From Other Fixed Asset Investments			284
Income Taxes Paid Refund Classified As Operating Activities		-236
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-487 057	-113 410	-255 206
Increase From Amortisation Charge For Year Intangible Assets		5 000
Increase From Depreciation Charge For Year Property Plant Equipment			688
Intangible Assets	5 000
Intangible Assets Gross Cost	25 000	25 000
Interest Expense On Bank Loans Similar Borrowings	67 373	33 652	89 612
Interest Paid Classified As Operating Activities	-67 373	-33 652	-89 612
Interest Payable Similar Charges Finance Costs	67 373	33 652	89 612
Investment Property	2 474 999	1 870 000	1 956 000
Investment Property Fair Value Model	2 474 999	1 870 000	1 956 000
Loans Owed To Related Parties			-12 637
Net Cash Flows From Used In Financing Activities	-73 811	447 851	160 276
Net Cash Flows From Used In Investing Activities	-732 306	-655 039	-41 242
Net Cash Flows From Used In Operating Activities	1 293 174	320 598	136 172
Net Cash Generated From Operations	1 225 801	286 710	46 560
Net Current Assets Liabilities	1 021 183	501 789	317 329
Net Interest Received Paid Classified As Investing Activities	-33 568	-24 867	-40 979
Number Shares Issued Fully Paid		100 000	100 000
Operating Profit Loss	-271 875	-621 186	16 291
Other Creditors	47 728	47 728	1 923
Other Deferred Tax Expense Credit	36 435	-7 340	-2 662
Other Interest Receivable Similar Income Finance Income	33 568	24 867	40 979
Other Operating Income Format1	390 968	208 569	60 631
Other Taxation Social Security Payable	12 661	10 926	29 095
Par Value Share		1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	9 711	6 269	3 844
Prepayments		228	1 195
Prepayments Accrued Income	44 580	228
Proceeds From Borrowings Classified As Financing Activities	-123 811	377 851	132 913
Proceeds From Sales Investment Properties	-735 099	-646 172
Profit Loss	-131 184	-599 397	57 025
Profit Loss On Ordinary Activities Before Tax	-145 042	-606 737	54 363
Property Plant Equipment Gross Cost	77 807	77 807	3 433
Provisions	138 857	131 517	128 855
Provisions For Liabilities Balance Sheet Subtotal	138 857	131 517	128 855
Purchase Investment Properties	-5 361
Purchase Property Plant Equipment			-3 433
Recoverable Value-added Tax	21 460	11 010	15 882
Rental Leasing Income	126 939	50 882	60 631
Social Security Costs	55 207	41 617	56 944
Staff Costs Employee Benefits Expense	979 922	784 810	1 026 576
Tax Decrease From Utilisation Tax Losses		-119 027	-6 105
Tax Decrease Increase From Effect Revenue Exempt From Taxation	36 435	7 823	16 474
Tax Expense Credit Applicable Tax Rate	-27 558	-115 280	10 329
Tax Increase Decrease From Effect Capital Allowances Depreciation	-15	743	-887
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	13 715	3 333	927
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-13 858	-7 340	-2 662
Total Additions Including From Business Combinations Property Plant Equipment			3 433
Total Assets Less Current Liabilities	3 501 191	2 371 798	2 276 074
Total Deferred Tax Expense Credit		-7 340	-2 662
Total Operating Lease Payments	73 223	44 800	41 334
Trade Creditors Trade Payables	1 653 851	2 663 720	2 374 224
Trade Debtors Trade Receivables	1 577 732	2 629 809	2 542 594
Turnover Revenue	7 892 897	6 400 342	16 772 407
Wages Salaries	915 004	736 924	965 788

Company staff

Sarita K.

Role: Secretary

Appointed: 03 July 1991

Latest update: 15 April 2024

Sunder K.

Role: Director

Appointed: 03 July 1991

Latest update: 15 April 2024

People with significant control

Sunder K.

Notified on 3 July 2016

Nature of control:

over 1/2 to 3/4 of shares

substantial control or influence

over 1/2 to 3/4 of voting rights

right to manage directors

over 1/2 to 3/4 of shares

Sarita K.

Notified on 3 July 2016

Nature of control:

1/2 or less of voting rights

substantial control or influence

right to manage directors

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	17 July 2024
Confirmation statement last made up date	03 July 2023

Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022

Benz Travel Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Sarita K.

Sunder K.

Elk Company Secretaries Limited

Elk (nominees) Limited

People with significant control

Sunder K.

Sarita K.

Accounts Documents

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