Commercial Finance Network Corporation Ltd in Lichfield, WS14 9DZ

Description

Data updated on: 01-11-2023

Commercial Finance Network Corporation has been in this business for at least seven years. Established under no. 11074932, it is classified as a Private Limited Company. You may visit the main office of this firm during business times under the following address: New Media House Davidson Road, WS14 9DZ Lichfield. This firm's SIC code is 64999 and has the NACE code: Financial intermediation not elsewhere classified. The most recent filed accounts documents provide detailed information about the period up to 30th November 2022 and the most recent annual confirmation statement was submitted on 5th April 2023.

Within this specific company, most of director's obligations have so far been performed by Daniel Y. and Robert Y.. Out of these two people, Daniel Y. has managed company for the longest time, having been a vital part of the Management Board since 2017.

Executives with significant control over the firm are: Robert Y. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Daniel Y. owns 1/2 or less of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-11-30	2019-11-30	2020-11-30	2021-11-30	2022-11-30
Currency

Balance Sheet
Cash Bank On Hand	102	1 339	36 442	666	7 466
Current Assets	332	4 205	96 359	103 970	90 865
Debtors	230	2 866	968	655	728
Other Debtors	230	2 467	968	655	462
Property Plant Equipment		240	180	135	101
Net Assets Liabilities		-51 302	-43 156	-44 173	-92 890
Total Inventories			58 949	102 649	82 671

Other Financial Data
Amount Specific Advance Or Credit Directors	25
Amount Specific Advance Or Credit Made In Period Directors	50	1 000
Amount Specific Advance Or Credit Repaid In Period Directors		25
Accumulated Depreciation Impairment Property Plant Equipment		80	140	185	219
Average Number Employees During Period		3	6	7	9
Creditors	5 942	55 747	11 812	64 615	105 331
Increase From Depreciation Charge For Year Property Plant Equipment		80	60	45	34
Net Current Assets Liabilities	-5 610	-51 542	-31 524	20 307	12 340
Nominal Value Shares Issued Specific Share Issue	1
Number Shares Issued Fully Paid	100	100	100	100	100
Number Shares Issued Specific Share Issue	100
Other Creditors	5 942	53 164	117 565	55 000	98 000
Other Taxation Social Security Payable		1 649	9 134	9 244	11 368
Par Value Share	1	1	1	1	1
Property Plant Equipment Gross Cost		320	320	320
Total Additions Including From Business Combinations Property Plant Equipment		320
Total Assets Less Current Liabilities	-5 610	-51 302	-31 344	20 442	12 441
Trade Creditors Trade Payables		934	996	1 200	36
Trade Debtors Trade Receivables		399			266
Bank Borrowings Overdrafts			11 812	9 615	7 331