Business Financing Solutions Limited in Bury, BL8 1NL

Description

Data updated on: 01-11-2023

Business Financing Solutions came into being in 2007 as a company enlisted under no 06451075, located at BL8 1NL Bury at 1 Harvey Street. It has been in business for seventeen years and its status at the time is active. This firm's SIC and NACE codes are 64999, that means Financial intermediation not elsewhere classified. The most recent financial reports describe the period up to Tuesday 28th February 2023 and the most current annual confirmation statement was released on Thursday 2nd March 2023.

Due to this particular company's magnitude, it was imperative to acquire further directors: Louise W. and John W. who have been working together since January 2012 for the benefit of the company.

Executives with significant control over the firm are: John W. owns 1/2 or less of company shares. Louise W. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-02-29	2013-02-28	2014-02-28	2015-02-28	2016-02-28	2021-02-28	2022-02-28
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	24 984	73 339	153 787	290 685	458 651

Balance Sheet
Cash Bank On Hand						266 883	455 463
Current Assets	31 451	85 782	202 983	357 676	536 504	961 108	888 283
Debtors		12 839	57 000		352 050	694 225	432 820
Net Assets Liabilities						827 322	803 216
Other Debtors						615 000	414 040
Property Plant Equipment							2 211
Cash Bank In Hand	31 451	72 943	145 983	357 676	184 454
Net Assets Liabilities Including Pension Asset Liability	24 984	73 339	153 787	290 685	458 651

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	23 984	72 339	152 787	289 685	457 651
Shareholder Funds	24 984	73 339	153 787	290 685	458 651

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment							553
Average Number Employees During Period						3	3
Bank Borrowings Overdrafts						40 000	34 837
Corporation Tax Payable						17 929	39 641
Creditors						40 000	34 837
Increase From Depreciation Charge For Year Property Plant Equipment							553
Net Current Assets Liabilities	24 984	73 339	153 787	290 685	458 651	867 322	835 842
Other Creditors						65 857	1 458
Other Taxation Social Security Payable							1 696
Property Plant Equipment Gross Cost							2 764
Total Additions Including From Business Combinations Property Plant Equipment							2 764
Total Assets Less Current Liabilities	24 984	73 339	153 787	290 685	458 651	867 322	838 053
Trade Debtors Trade Receivables						79 225	18 780
Creditors Due Within One Year	6 467	12 443	49 196	66 991	77 853
Number Shares Allotted	1 000	1 000	1 000	1 000	1 000
Par Value Share	1	1	1	1	1
Share Capital Allotted Called Up Paid	1 000	1 000	1 000	1 000	1 000