Bg Funding Limited in London, SE19 3RW

Description

Data updated on: 01-11-2023

Bg Funding Limited has existed on the local market for at least thirty eight years. Started with Registered No. 02026381 in the year 1986, the firm have office at 67 Westow Street, London SE19 3RW. This company's declared SIC number is 68100 and has the NACE code: Buying and selling of own real estate. Bg Funding Ltd reported its account information for the period up to 31st March 2022. Its most recent confirmation statement was submitted on 12th October 2023.

Sharon K. and Stephen K. are listed as firm's directors and have been monitoring progress towards achieving the objectives and policies since February 2021.

The companies that control this firm include: Iar Real Estate Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in London at Westow Street, SE19 3RW and was registered as a PSC under the registration number 12566954.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	4 377 033	4 364 965	4 375 107

Balance Sheet
Cash Bank In Hand	559 029	229 286	126 045
Cash Bank On Hand			126 045	37 002	287 478	329 801	176 687	20 890	9 737
Current Assets	1 584 614	1 420 220	1 306 229	569 998	481 282	543 396	1 329 534	1 215 957	1 252 473	607 857
Debtors	1 025 585	1 190 934	1 180 184	532 996	193 804	213 595	1 152 847	1 195 067	1 242 736	607 857
Net Assets Liabilities			4 992 593	5 306 847	8 366 225	8 575 709	8 600 567	11 357 089	11 672 551	11 476 079
Net Assets Liabilities Including Pension Asset Liability	4 377 033	4 364 965	4 375 107
Other Debtors			1 180 184	532 996	193 804	213 595	1 152 847	1 195 067	1 062 601	607 857
Tangible Fixed Assets	4 662 500	4 662 500	4 682 068

Capital & Reserves
Called Up Share Capital	210 000	210 000	210 000
Profit Loss Account Reserve	1 138 906	1 126 838	1 136 980
Shareholder Funds	4 377 033	4 364 965	4 375 107

Other Financial Data
Additions Other Than Through Business Combinations Investment Property Fair Value Model				862 728	2 509 552
Amounts Owed By Group Undertakings									180 135
Amounts Owed To Group Undertakings							45 120	3 722 836	3 661 176	2 678 953
Average Number Employees During Period				3	3	3	3	3	3	4
Bank Borrowings			1 496 810	1 380 143	4 027 861	3 890 857	3 732 128
Bank Borrowings Overdrafts			1 380 143	1 263 476	3 900 861	3 750 857	3 572 128	40 000	32 500	27 860
Creditors			1 380 143	1 263 476	3 900 861	3 750 857	3 572 128	40 000	32 500	27 860
Creditors Due After One Year	1 613 892	1 497 222	1 380 143
Creditors Due Within One Year	256 489	220 833	233 347
Dividends Paid					207 900
Fixed Asset Investments Cost Or Valuation		300	300
Fixed Assets	4 662 800	4 662 800	4 682 368	6 965 096	13 129 748	13 129 748	13 129 748	16 526 300	16 526 300	16 526 300
Instalment Debts Due After5 Years	1 147 232	1 030 554	913 475
Investment Property			5 672 068	6 964 796	13 129 348	13 129 348	13 129 348	16 526 000	16 526 000	16 526 000
Investment Property Fair Value Model			5 672 068	6 964 796	13 129 348	13 129 348	13 129 348	16 526 000	16 526 000
Investments Fixed Assets	300	300	300	300	400	400	400	300	300	300
Investments In Group Undertakings					100	100	100	-100
Investments In Joint Ventures			300	300	300	300	300	300	300	300
Net Current Assets Liabilities	1 328 125	1 199 387	1 072 882	45 426	221 818	267 755	113 884	-3 412 910	-3 104 948	-2 768 370
Number Shares Allotted		210 000	210 000
Other Creditors			65 665	275 475	45 778	40 258	914 381	800 411	634 231	632 249
Other Taxation Social Security Payable			51 015	63 035	45 158	53 855	54 621	54 092	52 014	53 995
Par Value Share		1	1
Profit Loss					3 267 278
Provisions For Liabilities Balance Sheet Subtotal			372 514	440 199	1 084 480	1 070 937	1 070 937	1 716 301	1 716 301	2 253 991
Revaluation Reserve	2 416 127	2 416 127	2 416 127
Secured Debts	1 730 556	1 613 889	1 496 810
Share Capital Allotted Called Up Paid	210 000	210 000	210 000
Share Premium Account	612 000	612 000	612 000
Tangible Fixed Assets Additions			19 568
Tangible Fixed Assets Cost Or Valuation	4 662 500	4 662 500	4 682 068
Total Assets Less Current Liabilities	5 990 925	5 862 187	6 745 250	7 010 522	13 351 566	13 397 503	13 243 632	13 113 390	13 421 352	13 757 930
Trade Creditors Trade Payables				69 395	41 528	41 528	41 528	41 528