Drc Asset Management Ltd in Beckenham, BR3 3PS

Description

Data updated on: 01-11-2023

Drc Asset Management came into being in 2012 as a company enlisted under no 08270277, located at BR3 3PS Beckenham at 259 Croydon Road. This firm has been in business for 13 years and its current status is active. This firm changed its name already two times. Until 2019 this company has been working on providing its services under the name of 08270277 but now this company is featured under the name Drc Asset Management Ltd. The enterprise's principal business activity number is 66110 - Administration of financial markets. The firm's most recent accounts cover the period up to 2022-10-31 and the most recent annual confirmation statement was filed on 2022-10-26.

In this specific business, a variety of director's assignments have so far been carried out by Dean R. who was formally appointed 13 years ago.

Dean R. is the individual who has control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Previous company's names
Drc Asset Management Ltd 2019-03-15
08270277 Limited 2019-03-11
Drc (UK) Limited 2012-10-26

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31
Currency
Net Worth	-11 266	10 253	15 692	71 660

Balance Sheet
Cash Bank In Hand	4 151	40 131	62 808	167 439
Cash Bank On Hand					228 787	30 072	6 010	80 071	23 996	16 003	37
Current Assets						30 072	8 465	105 614	23 996
Debtors							2 455	25 543
Property Plant Equipment					700	450	300	2 000	1 300	900	600
Tangible Fixed Assets	1 200	2 400	1 600	1 000

Capital & Reserves
Called Up Share Capital	1	1	1	1
Profit Loss Account Reserve	-11 267	10 252	15 691	71 659
Shareholder Funds	-11 266	10 253	15 692	71 660

Other Financial Data
Director Remuneration					7 800	7 200	7 800	7 800
Dividend Recommended By Directors								54 000
Accumulated Depreciation Impairment Property Plant Equipment					3 449	3 699	3 849	4 883	5 583	5 983	6 283
Administrative Expenses	27 102	82 510	84 703		164 626	103 843	83 562	89 913	62 556	58 360
Average Number Employees During Period							2	2	1	1
Bank Borrowings Overdrafts					55 464
Corporation Tax Payable					21 000			18 200	-15 355	-3 352	-2 800
Cost Sales									20 455	6 465
Creditors					147 143	14 878	5 837	65 715	51 008	107 440	84 578
Creditors Due Within One Year	16 617	32 278	48 716	96 779
Current Tax For Period					15 000	-15 000		18 200	-15 400
Depreciation Expense Property Plant Equipment					300	250	150	1 034	700	400
Depreciation Tangible Fixed Assets Expense	550	1 199	800
Dividends Paid					40 000			54 000
Foreign Exchange Gain Loss Recognised In Profit Loss			1 106
Gross Profit Loss									-20 455	-6 465
Increase From Depreciation Charge For Year Property Plant Equipment						250	150	1 034	700	400	300
Interest Payable Similar Charges	8 558
Interest Payable Similar Charges Finance Costs					42 109	53 661	14 152
Net Current Assets Liabilities	-12 466	7 853	14 092	70 660	81 644	15 194	2 628	39 899	-27 012	-91 437	-84 541
Number Shares Allotted	1	1	1	1
Operating Profit Loss	-2 709	80 519			107 793	-28 039	1 436	111 171
Other Creditors Due Within One Year	15 117	16 179	30 757	64 279
Other Operating Income			1 106
Other Operating Income Format1					6 567	-346	-442
Par Value Share	1	1	1	1
Prepayments							2 455	25 543
Profit Loss					50 684	-66 700	-12 716	92 971	-67 611	-64 825	6 596
Profit Loss For Period	-11 267	66 519	55 439	95 968
Profit Loss On Ordinary Activities Before Tax	-11 267	80 519	70 939		65 684	-81 700	-12 716	111 171	-83 011	-64 825
Property Plant Equipment Gross Cost					4 149	4 149	4 149	6 883	6 883	6 883
Share Capital Allotted Called Up Paid	1	1	1	1
Tangible Fixed Assets Additions	1 750	2 399
Tangible Fixed Assets Cost Or Valuation	1 750	4 149	4 149
Tangible Fixed Assets Depreciation	550	1 749	2 549	3 149
Tangible Fixed Assets Depreciation Charged In Period	550	1 199	800	600
Taxation Social Security Due Within One Year		14 000	15 500	26 000
Tax On Profit Or Loss On Ordinary Activities		14 000	15 500
Tax Tax Credit On Profit Or Loss On Ordinary Activities					15 000	-15 000		18 200	-15 400
Total Assets Less Current Liabilities	-11 266	10 253	15 692	71 660	82 344	15 644	2 928	41 899	-25 712	-90 537	-83 941
Total Dividend Payment		45 000	50 000	40 000
Trade Creditors Trade Payables					4 800	10 800	5 692	4 816	58 328	108 994	86 041
Trade Creditors Within One Year	1 500	2 099	2 459	6 500
Turnover Gross Operating Revenue	24 393	163 029	154 536
Turnover Revenue					265 852	76 150	85 440	201 084	-20 455
U K Current Corporation Tax		14 000	15 500
Wages Salaries					12 000	12 000	12 000	12 600
Director Remuneration Benefits Excluding Payments To Third Parties		7 800	7 800
Total Additions Including From Business Combinations Property Plant Equipment								2 734

Company staff

Dean R.

Role: Director

Appointed: 26 October 2012

Latest update: 1 May 2025

People with significant control

Dean R.

Notified on 26 October 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Accounts Documents

Account next due date	31 July 2024
Account last made up date	31 October 2022
Confirmation statement next due date	09 November 2023
Confirmation statement last made up date	26 October 2022

Annual Accounts 17 October 2014
Start Date For Period Covered By Report	26 October 2012
End Date For Period Covered By Report	31 October 2013
Date Approval Accounts	17 October 2014
Annual Accounts 27 August 2015
Start Date For Period Covered By Report	01 November 2013
End Date For Period Covered By Report	31 October 2014
Date Approval Accounts	27 August 2015
Annual Accounts 7 October 2016
Start Date For Period Covered By Report	01 November 2014
End Date For Period Covered By Report	31 October 2015
Date Approval Accounts	7 October 2016
Annual Accounts 27 July 2017
Start Date For Period Covered By Report	01 November 2015
End Date For Period Covered By Report	31 October 2016
Date Approval Accounts	27 July 2017
Annual Accounts
Start Date For Period Covered By Report	01 November 2017
End Date For Period Covered By Report	31 October 2018
Annual Accounts
Start Date For Period Covered By Report	01 November 2018
End Date For Period Covered By Report	31 October 2019
Annual Accounts
Start Date For Period Covered By Report	01 November 2019
End Date For Period Covered By Report	31 October 2020
Annual Accounts
Start Date For Period Covered By Report	01 November 2020
End Date For Period Covered By Report	31 October 2021
Annual Accounts
Start Date For Period Covered By Report	01 November 2021
End Date For Period Covered By Report	31 October 2022
Annual Accounts
Start Date For Period Covered By Report	01 November 2022
End Date For Period Covered By Report	31 October 2023

Drc Asset Management Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Dean R.

People with significant control

Dean R.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address,
2013

Address:

Post code:

City / Town:

HQ address,
2014

Address:

Post code:

City / Town:

HQ address,
2015

Address:

Post code:

City / Town:

HQ address,
2016

Address:

Post code:

City / Town:

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Drc Asset Management Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Dean R.

People with significant control

Dean R.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2013

Address:

Post code:

City / Town:

HQ address, 2014

Address:

Post code:

City / Town:

HQ address, 2015

Address:

Post code:

City / Town:

HQ address, 2016

Address:

Post code:

City / Town:

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Services (by SIC Code)

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HQ address,
2013

HQ address,
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2015

HQ address,
2016