Cwm Investment Management Limited in Manchester, M2 2JG

Description

Data updated on: 01-11-2023

2016 is the date that marks the start of Cwm Investment Management Limited, a company registered at The Lightwell, 61-63 Brown Street, Manchester. This means it's been eight years Cwm Investment Management has prospered in the business, as the company was started on Tuesday 15th November 2016. Its registration number is 10478948 and the company postal code is M2 2JG. This firm's registered with SIC code 64999 - Financial intermediation not elsewhere classified. 2023/03/31 is the last time company accounts were reported.

Our database regarding the firm's management suggests the existence of four directors: Ian H., Charlotte T., Neil M. and Mark S. who joined the company's Management Board on Thursday 18th January 2024, Friday 22nd December 2023 and Tuesday 15th November 2016.

The companies that control this firm include: The Progeny Group Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Leeds at Wellington Street, LS1 4DL and was registered as a PSC under the registration number 09276612.

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
Currency

Balance Sheet
Cash Bank On Hand	120 678	121 948	273 713	243 500	179 337
Current Assets	156 960	178 184	286 245	256 032	227 668
Debtors	36 282	56 236	12 532	12 532	48 331
Net Assets Liabilities	113 031	108 490	214 443
Property Plant Equipment	3 894	1 901	22	22	22

Other Financial Data
Audit Fees Expenses	3 750	4 000	4 000
Other Non-audit Services Fees		1 859	1 450
Other Taxation Advisory Services Fees			2 000
Taxation Compliance Services Fees		500	500
Accrued Liabilities Deferred Income	5 475	11 475	11 476	11 476	11 476
Accumulated Depreciation Impairment Property Plant Equipment	3 071	5 064	6 943	6 943
Administrative Expenses	42 067	138 241	167 749	189 990	178 431
Average Number Employees During Period	3	6	6	6	6
Capital Reduction Decrease In Equity		29 700
Cash Cash Equivalents Cash Flow Value	120 678	121 948	273 713	243 500	179 337
Corporation Tax Payable	25 033	33 500	43 349	67 263	70 544
Cost Sales	28 063	25 908	33 862	22 744	6 719
Creditors	11 837	12 666	71 824	78 739	82 020
Current Tax For Period	25 033	33 500	43 349	67 263	70 544
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	221	-301	-361
Depreciation Expense Property Plant Equipment	2 004	1 993	1 879
Depreciation Impairment Expense Property Plant Equipment	2 004	1 993	1 879
Dividends Paid	30 000	105 000	75 000	324 000	327 000
Dividends Paid Classified As Financing Activities	-30 000	-105 000	-75 000	-324 000	-327 000
Dividends Paid On Shares Interim	30 000	105 000	75 000	324 000	327 000
Further Item Interest Expense Component Total Interest Expense		829	2 334
Further Item Tax Increase Decrease Component Adjusting Items	-763	-301	-361
Future Minimum Lease Payments Under Non-cancellable Operating Leases	29 250	2 250	2 833	2 833
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-4 091	-14 777	-3 407	16 999
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	19 956	19 954			35 799
Gross Profit Loss	173 096	302 060	383 804	544 114	543 536
Income Taxes Paid Refund Classified As Operating Activities	-419	-24 706	-33 500	-43 349	-67 263
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-83 600	-1 270	-151 765	30 213	64 163
Increase Decrease In Current Tax From Adjustment For Prior Periods	882	-327
Increase From Depreciation Charge For Year Property Plant Equipment		1 993	1 879
Interest Income On Bank Deposits	7	41	20	11	179
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	7	41	20	11	179
Interest Payable Similar Charges Finance Costs	877	829	2 334
Interest Received Classified As Investing Activities	-7	-41	-20	-11	-179
Loans From Other Related Parties Other Than Directors	11 837	12 666
Net Cash Flows From Used In Financing Activities	30 000	134 700	75 000	324 000
Net Cash Flows From Used In Investing Activities	3 149	-41	-20	-11
Net Cash Flows From Used In Operating Activities	-116 749	-135 929	-226 745	-293 776
Net Cash Generated From Operations	-117 168	-160 635		-337 125	-329 921
Net Current Assets Liabilities	121 636	119 616	214 421	177 293	145 648
Net Finance Income Costs	7	41	20	11	179
Operating Profit Loss	131 029	163 819	226 255	354 124	365 720
Other Interest Receivable Similar Income Finance Income	7	41	20	11	179
Other Operating Income Format1			10 200		615
Other Remaining Borrowings	11 837	12 666
Other Taxation Social Security Payable	4 816	9 232	14 529
Pension Other Post-employment Benefit Costs Other Pension Costs		72 000	85 500	106 500	108 000
Prepayments Accrued Income	12 530	27 531	12 532	12 532	12 531
Profit Loss	105 304	130 159	180 953	286 872	295 355
Profit Loss On Ordinary Activities Before Tax	130 159	163 031	223 941	354 135	365 899
Property Plant Equipment Gross Cost	6 965	6 965	6 965	6 965
Provisions For Liabilities Balance Sheet Subtotal	662	361
Purchase Property Plant Equipment	-3 156
Staff Costs Employee Benefits Expense	900	72 900	86 100	107 400	108 600
Taxation Including Deferred Taxation Balance Sheet Subtotal	662	361
Tax Expense Credit Applicable Tax Rate	24 730	30 976	42 549	67 286	69 521
Tax Increase Decrease From Effect Different Tax Rates On Some Earnings	-23
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	29	2 524	800
Tax Tax Credit On Profit Or Loss On Ordinary Activities	24 855	32 872	42 988	67 263	70 544
Total Assets Less Current Liabilities	125 530	121 517	214 443	177 315	145 670
Total Borrowings	11 837	12 666
Total Current Tax Expense Credit	24 634	33 173	43 349
Total Operating Lease Payments	16 992	15 272	21 221	21 331	20 436
Trade Creditors Trade Payables		4 361	2 470
Trade Debtors Trade Receivables	23 752	28 705			35 800
Turnover Revenue	201 159	327 968	417 666	566 858	550 255
Wages Salaries	900	900	600	900	600
Company Contributions To Defined Benefit Plans Directors		36 000	53 250	106 500	108 000
Director Remuneration		900	600	900	600
Director Remuneration Benefits Including Payments To Third Parties	900	36 900	53 850	107 400	108 600

Company staff

Ian H.

Role: Director

Appointed: 18 January 2024

Latest update: 11 March 2024

Charlotte T.

Role: Director

Appointed: 22 December 2023

Latest update: 11 March 2024

Neil M.

Role: Director

Appointed: 22 December 2023

Latest update: 11 March 2024

Mark S.

Role: Director

Appointed: 15 November 2016

Latest update: 11 March 2024