Damco Solutions Ltd in London, E2 6AH

Description

Data updated on: 01-11-2023

Damco Solutions came into being in 2001 as a company enlisted under no 04155347, located at E2 6AH London at 299a Bethnal Green Road. It has been in business for twenty three years and its current state is active. The enterprise's SIC code is 62020 which stands for Information technology consultancy activities. The firm's most recent filed accounts documents describe the period up to Thursday 31st March 2022 and the most current confirmation statement was submitted on Wednesday 22nd February 2023.

With five job advertisements since 8th July 2014, the enterprise has been active on the employment market. On 8th December 2017, it was seeking new employees for a full time Account Manager position in London, and on 8th July 2014, for the vacant position of a full time Software Tester in London. So far, they have hired workers for the Business Consultant posts.

As suggested by this specific firm's executives data, since October 2015 there have been two directors: Archana G. and Manish G.. In order to support the directors in their duties, this particular business has been utilizing the skills of Archana G. as a secretary since the appointment on March 7, 2008.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	579 371	1 015 921	1 602 656	2 105 238	2 517 221

Balance Sheet
Cash Bank In Hand	741 576	1 327 290	1 396 043	1 507 110	1 191 406
Cash Bank On Hand						2 149 734	1 643 463
Current Assets	1 587 321	2 284 653	3 157 031	3 456 939	4 338 770	6 418 291	5 694 747
Debtors	585 097	416 715	1 041 535	895 376	1 912 911	4 075 223	3 855 635
Net Assets Liabilities Including Pension Asset Liability	579 371	1 015 921	1 602 656	2 105 238
Other Debtors						614 993	541 089
Property Plant Equipment						8 460	9 369
Tangible Fixed Assets	4 498	5 292	6 693	4 830	12 052

Capital & Reserves
Called Up Share Capital	5 000	5 000	5 000	5 000	5 000
Profit Loss Account Reserve	574 371	1 010 921	1 597 656	2 100 238	2 512 221
Shareholder Funds	579 371	1 015 921	1 602 656	2 105 238	2 517 221

Other Financial Data
Director Remuneration						205 150	331 674
Accrued Income						666
Accrued Liabilities						13 638	1 547 274
Accumulated Amortisation Impairment Intangible Assets						13 596	26 358
Accumulated Depreciation Impairment Property Plant Equipment						86 261	89 384
Amortisation Expense Intangible Assets						178	198
Average Number Employees During Period						291	311
Comprehensive Income Expense						644 195	213 897
Corporation Tax Payable						172 889	52 967
Creditors						4 392 241	3 456 034
Creditors Due After One Year		56 081	26 828
Creditors Due Within One Year	1 012 448	1 217 943	1 534 240	1 356 531	1 833 601
Current Asset Investments	260 648	540 648	719 453	1 054 453	1 234 453	193 334	195 649
Current Tax For Period						179 383	121 510
Depreciation Expense Property Plant Equipment						264 946	275 861
Fixed Assets						1 180 366	1 181 600
Foreign Exchange Differences Increase Decrease In Amortisation Impairment Intangible Assets							3 062
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax						-45 000	266 817
Further Item Interest Expense Component Total Interest Expense						161	1 940
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss						40 265	24 141
Gain Loss On Disposals Property Plant Equipment						2 295
Government Grants Payable						493 135	242 888
Increase Decrease From Foreign Exchange Differences Intangible Assets							4 294
Increase From Amortisation Charge For Year Intangible Assets							9 700
Increase From Depreciation Charge For Year Property Plant Equipment							3 123
Intangible Assets						998	964
Intangible Assets Gross Cost						24 414	33 871
Interest Expense On Bank Loans Similar Borrowings						165 886	157 257
Interest Expense On Bank Overdrafts						9 587	1 847
Interest Payable Similar Charges Finance Costs						175 634	161 044
Investments Fixed Assets						1 171 906	1 172 231
Net Current Assets Liabilities	574 873	1 066 710	1 622 791	2 100 408	2 505 169	2 026 050	2 238 713
Number Shares Allotted		5 000	5 000	5 000	5 000
Other Creditors						3 138 397	1 285 552
Other Current Asset Investments Balance Sheet Subtotal						193 334	195 649
Other Deferred Tax Expense Credit						-8 520	1 597
Other Investments Other Than Loans						1 171 906	325
Other Taxation Social Security Payable						25 481	23 759
Par Value Share		1	1	1	1
Profit Loss						688 652	213 897
Profit Loss On Ordinary Activities Before Tax						859 515	468 777
Property Plant Equipment Gross Cost						94 721	98 753
Share Capital Allotted Called Up Paid	5 000	5 000	5 000	5 000	5 000
Social Security Costs						156 020	169 088
Staff Costs Employee Benefits Expense						3 232 755	3 517 487
Tangible Fixed Assets Additions		5 857	6 310	2 522	12 169
Tangible Fixed Assets Cost Or Valuation	67 065	72 922	79 232	81 754	93 923
Tangible Fixed Assets Depreciation	62 567	67 630	72 539	76 924	81 871
Tangible Fixed Assets Depreciation Charged In Period		5 063	4 909	4 385	4 947
Tax Tax Credit On Profit Or Loss On Ordinary Activities						170 863	123 107
Total Additions Including From Business Combinations Intangible Assets							5 163
Total Additions Including From Business Combinations Property Plant Equipment							4 032
Total Assets Less Current Liabilities	579 371	1 072 002	1 629 484	2 105 238	2 517 221	3 206 416	3 420 313
Trade Creditors Trade Payables						36 460	24 128
Trade Debtors Trade Receivables						3 435 904	2 184 781