Ecapital Commercial Finance (north) Limited in Reading, RG1 4PN

Description

Data updated on: 01-11-2023

Based in 1 London Street, Reading RG1 4PN Ecapital Commercial Finance (north) Limited is classified as a Private Limited Company issued a 08579241 registration number. This firm was established on June 21, 2013. Even though recently operating under the name of Ecapital Commercial Finance (north) Limited, it previously was known under a different name. The company was known under the name Factor 21 (north) until January 22, 2018, then the company name was replaced by Advantedge Commercial Finance (north). The definitive change occurred on April 1, 2022. This enterprise's SIC and NACE codes are 64992 - Factoring. Ecapital Commercial Finance (north) Ltd filed its latest accounts for the financial period up to December 31, 2022. The company's latest confirmation statement was filed on June 21, 2023.

Current directors chosen by the firm include: John M. appointed four years ago, Cris N. appointed on November 27, 2020, Anne T. appointed in 2019 and 3 other directors have been described below. At least one secretary in this firm is a limited company: Speafi Secretarial Limited.

Previous company's names
Ecapital Commercial Finance (north) Limited 2022-04-01
Advantedge Commercial Finance (north) Limited 2018-01-22
Factor 21 (north) Limited 2013-06-21

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-06-30	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	979 162	17 339	49 574
Current Assets	25 004 411	58 545 876	65 151 758
Debtors	24 025 249	58 528 537	65 102 184
Net Assets Liabilities	5 938 925	7 043 007	9 042 083
Property Plant Equipment	28 956	33 709	53 547

Other Financial Data
Audit Fees Expenses	13 000	18 000	15 300
Fees For Non-audit Services	6 557	10 091	8 909
Other Assurance Services Fees	5 807	8 591	7 409
Taxation Compliance Services Fees	750	1 500	1 500
Accumulated Depreciation Impairment Property Plant Equipment	41 124	55 021	51 713
Additions Other Than Through Business Combinations Property Plant Equipment		23 537	36 945
Administration Support Average Number Employees	50	55	58
Administrative Expenses	5 294 447	9 279 366	7 865 994
Amounts Owed By Related Parties	220 942
Amounts Owed To Related Parties	1 498 206	6 588 618	4 683 669
Applicable Tax Rate	19	19	19
Average Number Employees During Period	50	55	58
Balances Amounts Owed To Related Parties		197 690	297 006
Balances With Banks	979 162	17 339	49 574
Bank Borrowings	16 464 978	43 795 725	49 985 911
Bank Borrowings Overdrafts	-154 007
Bank Overdrafts	154 007
Creditors	19 094 442	51 536 578	56 163 222
Current Tax For Period	461 197	872 529	940 817
Depreciation Expense Property Plant Equipment	10 236	18 784	17 107
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-4 887	-20 415
Disposals Property Plant Equipment		-4 887	-20 415
Dividends Paid		-2 608 675	-2 014 007
Financial Commitments Other Than Capital Commitments		14 057	275 483
Further Item Debtors Component Total Debtors		90 746
Government Grant Income	26 439	58 366
Increase Decrease In Current Tax From Adjustment For Prior Periods			7
Increase From Depreciation Charge For Year Property Plant Equipment		18 784	17 107
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	667 506	874 407	1 423 261
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss	3 583	612
Interest Payable Similar Charges Finance Costs	637 314	926 356	1 443 548
Loss On Financing Activities Due To Foreign Exchange Differences	-33 775	51 337	20 287
Net Current Assets Liabilities	5 909 969	7 009 298	8 988 536
Operating Profit Loss	3 036 954	5 511 642	6 393 447
Other Employee Expense	140 117	82 395	102 960
Other Finance Income			4 008
Other Interest Receivable Similar Income Finance Income			4 008
Other Operating Income Format1	26 439	58 366
Other Payables Accrued Expenses	471 603	741 453	961 318
Pension Costs Defined Contribution Plan	81 352	182 885	124 351
Prepayments	387 918	227 681	347 173
Profit Loss	1 938 443	3 712 757	4 013 083
Profit Loss On Ordinary Activities Before Tax	2 399 640	4 585 286	4 953 907
Property Plant Equipment Gross Cost	70 080	88 730	105 260
Revenue From Rendering Services	8 304 962	14 732 642	14 259 441
Social Security Costs	207 999	315 990	235 776
Staff Costs Employee Benefits Expense	2 738 346	3 909 310	2 940 746
Taxation Social Security Payable	311 077	388 342	383 435
Tax Expense Credit Applicable Tax Rate	455 932	871 204	941 242
Tax Increase Decrease From Changes In Pension Fund Prepayment	152	-1 112
Tax Increase Decrease From Effect Capital Allowances Depreciation	1 077	-1 527	-5 875
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	4 036	3 964	5 450
Tax Tax Credit On Profit Or Loss On Ordinary Activities	461 197	872 529	940 824
Total Borrowings	16 618 985	43 795 725	49 985 911
Trade Creditors Trade Payables	14 842	22 440	23 701
Trade Debtors Trade Receivables	23 416 389	58 210 110	64 755 011
Turnover Revenue	8 304 962	14 732 642	14 259 441
Wages Salaries	2 308 878	3 328 040	2 477 659
Company Contributions To Money Purchase Plans Directors	11 291	20 300	13 953
Director Remuneration	288 184	293 900	246 980
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1	1

Company staff

John M.

Role: Director

Appointed: 27 November 2020

Latest update: 27 March 2024

Cris N.

Role: Director

Appointed: 27 November 2020

Latest update: 27 March 2024

Anne T.

Role: Director

Appointed: 28 October 2019

Latest update: 27 March 2024

Speafi Secretarial Limited

Role: Corporate Secretary

Appointed: 30 November 2016

Address: London Street, Reading, Berkshire, RG1 4PN, United Kingdom

Latest update: 27 March 2024

Neal E.

Role: Director

Appointed: 21 June 2013

Latest update: 27 March 2024

Darren C.

Role: Director

Appointed: 21 June 2013

Latest update: 27 March 2024

The companies that control this firm are as follows: Ecapital 3415 Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Reading at London Street, RG1 4PN, Berkshire and was registered as a PSC under the registration number 10241430.

Ecapital 3415 Limited

Address: 1 London Street, Reading, Berkshire, RG1 4PN, England

Legal authority Companies Act 2006

Legal form Private Limited Company

Country registered England

Place registered England And Wales

Registration number 10241430

Notified on 11 November 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	05 July 2024
Confirmation statement last made up date	21 June 2023

Annual Accounts
Start Date For Period Covered By Report	2020-07-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Ecapital Commercial Finance (north) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

John M.

Cris N.

Anne T.

Speafi Secretarial Limited

Neal E.

Darren C.

David T.

Guy B.

Jonathan G.

Nigel E.

John E.

Herman F.

People with significant control

Ecapital 3415 Limited

Accounts Documents

Company filings

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