Egr Wealth Limited in London, EC3N 3AX

Description

Data updated on: 01-11-2023

07443787 is the reg. no. used by Egr Wealth Limited. The company was registered as a Private Limited Company on 2010-11-18. The company has been actively competing in this business for 14 years. This firm can be found at 6th Floor Lloyds Avenue House 6 Lloyds Avenue in London. The area code assigned to this location is EC3N 3AX. In the past, Egr Wealth Limited changed it’s name three times. Before 2020-10-22 the company used the business name Egr Broking. Later on the company adapted the business name Egr Brokers which was in use until 2020-10-22 then the currently used name was adopted. This business's classified under the NACE and SIC code 66120 - Security and commodity contracts dealing activities. Its most recent annual accounts were submitted for the period up to Friday 30th September 2022 and the most current annual confirmation statement was filed on Friday 18th November 2022.

The info we posses detailing this firm's MDs shows the existence of four directors: Arunkumar S., Umer F., Christopher L. and Jonathan H. who became a part of the team on 2023-09-01, 2023-06-01 and 2017-04-12.

Previous company's names
Egr Wealth Limited 2020-10-22
Egr Broking Limited 2011-12-05
Egr Brokers Limited 2011-11-30
Brown Mayne Raja & Partners Limited 2010-11-18

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2012-11-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	42 085	13 757

Balance Sheet
Cash Bank In Hand	7 886	637
Cash Bank On Hand			3 719	1 853	1 222	5 581	87 841	50 773	5 686	15 975
Current Assets	40 703	77 465	188 321	102 926	97 157	343 792	192 850	182 399	274 608	385 290
Debtors	32 817	76 828	184 602	101 073	95 935	338 211	105 009	131 626	268 922	369 315
Intangible Fixed Assets		44 700
Net Assets Liabilities Including Pension Asset Liability	42 085	13 757
Other Debtors			6 272	16 712	29 472	230 902	24 250	25 333	156 956	247 155
Property Plant Equipment			1 426	33 567	37 269		20 579	11 117	7 502	4 615
Tangible Fixed Assets	12 678	11 784

Capital & Reserves
Called Up Share Capital	50 000	50 000
Profit Loss Account Reserve	-7 915	-36 243
Shareholder Funds	42 085	13 757

Other Financial Data
Fees For Non-audit Services							3 750	6 000	6 000	4 000
Other Non-audit Services Fees			2 000	2 000	3 000	3 000
Audit Fees Expenses							1 500
Director Remuneration			21 000	32 500	24 000	34 260	42 000	21 000		6 250
Accrued Liabilities Deferred Income			24 045	10 490	13 675	14 700	9 347	6 147	13 500	15 473
Accumulated Amortisation Impairment Intangible Assets			11 486
Accumulated Depreciation Impairment Property Plant Equipment			13 622	21 547	31 647		55 013	66 075	69 690	72 577
Administrative Expenses			153 008	281 435	325 804		267 946	221 153	216 127	203 753
Amortisation Expense Intangible Assets			5 743
Amounts Owed To Group Undertakings			1
Applicable Tax Rate			20	19	19	19	19	19	19	25
Average Number Employees During Period						5	5	5	5	5
Called Up Share Capital Not Paid			150 000
Cash Cash Equivalents Cash Flow Value			3 719				87 841	50 773	5 686
Comprehensive Income Expense			-101 951	-68 471	-35 361	-25 972	7 241	24 320	87 584	95 966
Cost Sales			141 013	212 545	143 973		153 921	125 480	123 488	88 467
Creditors			140 731	76 157	68 518	296 051	125 108	80 775	81 785	93 614
Creditors Due After One Year		60 000
Creditors Due Within One Year	11 296	60 192
Deferred Tax Asset Debtors										81 718
Depreciation Amortisation Expense			7 981	7 925	10 100		13 178	11 062	3 615	2 887
Depreciation Expense Property Plant Equipment			2 238	7 925	10 100	13 381	13 179	11 062	3 615	2 887
Fixed Assets	12 678	56 484	47 370	46 936	37 369	33 439	20 679	11 117
Further Item Interest Expense Component Total Interest Expense								2 056	2 245	4 764
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total					-1			-100
Further Operating Expense Item Component Total Operating Expenses			2 000	3 000	2 400	2 400	2 400	5 152	2 000	4 000
Future Minimum Lease Payments Under Non-cancellable Operating Leases			85 000	75 000	100 000
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				-210			142	-168
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			-12 202	-48 314	-1 988		-170 943	-44 233	6 800	11 829
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			-8 295	83 529	5 138		233 203	-26 617	-137 296	-18 675
Gross Profit Loss			53 956	212 964	292 261		275 187	247 529	305 956	222 765
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			3 015	-1 866	-631		82 260	-37 068	-45 087	10 289
Increase From Depreciation Charge For Year Property Plant Equipment				7 925	10 100			11 062	3 615	2 887
Increase From Impairment Loss Recognised In Profit Or Loss Intangible Assets				-11 486
Intangible Assets			45 943
Intangible Assets Gross Cost			57 429
Intangible Fixed Assets Additions		44 700
Intangible Fixed Assets Cost Or Valuation		44 700
Interest Expense On Bank Overdrafts					1 818	-854
Interest Expense On Loan Capital			2 899
Interest Paid Classified As Operating Activities			-2 899		-1 818
Interest Payable Similar Charges Finance Costs			2 899		1 818			2 056	2 245	4 764
Investments Fixed Assets			1	13 369	100	100	100
Investments In Group Undertakings			1	1	100	100	100	-100
Issue Equity Instruments			250 000	47 216	27 664	41 144
Key Management Personnel Compensation Total			21 000	32 500
Net Assets Liabilities Subsidiaries						-30 536	-42 353
Net Cash Flows From Used In Financing Activities			-117 482	-30 956	-22 013			100	5 790
Net Cash Flows From Used In Investing Activities				53 434	13 901		419	1 500
Net Cash Flows From Used In Operating Activities			114 467	-20 612	8 743		-82 679	35 468	39 297	-10 289
Net Cash Generated From Operations			111 568	-20 612	6 925		-82 679	33 412	37 052	-15 053
Net Current Assets Liabilities	29 407	17 273	47 590	26 769	28 639	47 741	67 742	101 624	192 823	291 676
Nominal Value Shares Issued Specific Share Issue				1	1
Number Shares Allotted		50 000
Number Shares Issued Fully Paid				348 608	362 440	383 012	383 012	383 012	383 012	383 012
Number Shares Issued Specific Share Issue				23 608	13 832	20 572
Operating Profit Loss			-99 052	-68 471	-33 543		7 241	26 376	89 829	19 012
Other Creditors			13 101	1 976	3 156	212 980	6 835	9 000	4 252	2 297
Other Deferred Tax Expense Credit										-81 718
Other Remaining Borrowings			27 900	11 640
Other Taxation Social Security Payable			11 898	17 238	19 590	7 378	26 273	13 820	15 862	37 525
Par Value Share		1		1	1			1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs				161	2 020	3 447	2 317	1 933	1 658	2 271
Percentage Class Share Held In Subsidiary				100	100	100	100
Prepayments Accrued Income			25 330	6 171	19 565	86 229	45 719	31 622	59 068	19 054
Proceeds From Borrowings Classified As Financing Activities			-115 736	-11 640
Proceeds From Issuing Shares				-47 216	-27 664
Profit Loss			-101 951	-68 471	-35 361	8 698	7 241	24 320	87 584	95 966
Profit Loss On Ordinary Activities Before Tax			-101 951	-68 471	-35 361	8 698	12 005	24 320	87 584	14 248
Profit Loss Subsidiaries						30 436	11 817
Property Plant Equipment Gross Cost			15 048	55 114	68 916		75 592	77 192	77 192
Purchase Property Plant Equipment				-40 066	-13 802		-419	-1 600
Recoverable Value-added Tax					1 187
Repayments Borrowings Classified As Financing Activities			1 746	-27 900	-11 640
Social Security Costs						5 987	9 375	9 443	6 398	8 561
Staff Costs Employee Benefits Expense			56 750	113 550	131 722	175 292	141 094	128 891	103 331	126 562
Tangible Fixed Assets Additions		1 805
Tangible Fixed Assets Cost Or Valuation	15 443	17 248
Tangible Fixed Assets Depreciation	2 765	5 464
Tangible Fixed Assets Depreciation Charged In Period		2 699
Tax Expense Credit Applicable Tax Rate			-20 390	-13 009	-6 719	1 653	1 376	4 621	16 641	3 562
Tax Increase Decrease From Effect Capital Allowances Depreciation			447	-6 107	-753	-1 607	2 424	1 797	3 615
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			547	62		239
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward										-3 562
Tax Tax Credit On Profit Or Loss On Ordinary Activities										-81 718
Total Additions Including From Business Combinations Property Plant Equipment				40 066	13 802			1 600
Total Assets Less Current Liabilities	42 085	73 757	94 960	73 705	66 008	81 180	88 421	112 741	200 325	296 291
Total Operating Lease Payments				2 479	1 642	1 058
Trade Creditors Trade Payables			63 786	24 506	26 108	42 811	40 117	34 580	47 914	37 865
Trade Debtors Trade Receivables			3 000	78 190	45 711	21 080	35 040	74 671	52 898	21 388
Turnover Revenue			194 969	425 509	436 234	574 054	429 108	373 009	429 444	311 232
Value Shares Allotted	50 000	50 000
Wages Salaries			56 750	113 389	129 702	165 858	176 713	117 515	95 275	115 730