Finansys Solutions Limited in London, EC2V 6DN

Description

Data updated on: 01-11-2023

Located at 107 Cheapside, London EC2V 6DN Finansys Solutions Limited is a Private Limited Company registered under the 03636703 Companies House Reg No. It was set up on September 23, 1998. This company debuted under the business name Pasha, however for the last twenty two years has been on the market under the business name Finansys Solutions Limited. This company's SIC code is 62020 and their NACE code stands for Information technology consultancy activities. 2022-03-31 is the last time the company accounts were filed.

This company owes its success and unending improvement to two directors, who are Timur D. and Michael B., who have been controlling the firm for four years. To provide support to the directors, this specific company has been utilizing the skills of Emma K. as a secretary since 2021.

Erol K. is the individual with significant control over this firm, owns 1/2 or less of company shares.

Previous company's names
Finansys Solutions Limited 2002-04-09
Pasha Limited 1998-09-23

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	89 575	102 981	125 340	126 000	126 000

Balance Sheet
Cash Bank On Hand					284 102	459 222	677 941	616 929	486 550	561 537	447 477	584 686
Current Assets	238 765	274 283	313 215	425 712	605 861	708 481	963 400	1 122 496	1 251 289	1 351 151	1 261 083	1 469 378
Debtors	142 145	190 180	153 172	193 714	321 613	249 259	285 459	505 567	764 739	789 614	813 606	884 692
Net Assets Liabilities							126 000	150 000	286 810	384 740	480 376	624 929
Other Debtors					49 560	3 281	2 637	1 473	16 906	45 439	79 589	39 044
Property Plant Equipment					16 191	17 754	26 886	18 699	12 825	10 123	13 753	15 110
Cash Bank In Hand	96 620	84 103	160 043	231 998	284 248
Net Assets Liabilities Including Pension Asset Liability	89 575	102 981	125 340	126 000	126 000
Tangible Fixed Assets	8 909	10 990	7 906	22 108	16 191

Capital & Reserves
Called Up Share Capital	2	2	2	2	2
Profit Loss Account Reserve	89 573	102 979	125 338	125 998	125 998
Shareholder Funds	89 575	102 981	125 340	126 000	126 000

Other Financial Data
Accrued Liabilities									270 742	354 293	297 634	397 827
Accumulated Depreciation Impairment Property Plant Equipment					62 001	68 368	85 564	96 801	108 925	112 195	118 715	125 899
Additions Other Than Through Business Combinations Property Plant Equipment								3 050	6 250	8 315	10 282	9 643
Average Number Employees During Period							18	21	23	25	27	26
Bank Borrowings Overdrafts					2 410	6 299	4 982
Bank Overdrafts							4 982	4 727	3 622	3 460
Corporation Tax Payable					35 532	25 505	45 854
Creditors					521 882	626 212	890 263	1 017 172	1 003 281	1 002 511	817 824	882 665
Disposals Decrease In Depreciation Impairment Property Plant Equipment										-7 747	-36	-414
Disposals Property Plant Equipment										-7 747	-132	-1 102
Financial Assets								25 977	25 977	25 977	25 977	25 977
Fixed Assets	8 909	10 990	7 906	48 085	42 168	43 731	52 863	44 676	38 802	36 100	39 730	41 087
Increase From Depreciation Charge For Year Property Plant Equipment						11 304	17 196	11 237	12 124	11 017	6 556	7 598
Investments Fixed Assets				25 977	25 977	25 977	25 977
Net Current Assets Liabilities	80 666	91 991	117 434	77 915	83 832	82 269	73 137	105 324	248 008	348 640	443 259	586 713
Number Shares Issued Fully Paid						2	100	100	100	100	100	100
Other Creditors					340 926	405 389	458 210	334 141	343 259	259 878	101 104	157 815
Other Taxation Social Security Payable					65 977	48 920	54 585
Par Value Share		1	1	1		1	2	0	0	0	0	0
Prepayments										20 920	50 214	30 597
Property Plant Equipment Gross Cost					78 192	91 059	112 450	115 500	121 750	122 318	132 468	141 009
Provisions For Liabilities Balance Sheet Subtotal											2 613	2 871
Taxation Social Security Payable							54 585	62 204	69 184	104 942	76 036	136 252
Total Additions Including From Business Combinations Property Plant Equipment						12 867	26 328
Total Assets Less Current Liabilities	89 575	102 981	125 340	126 000	126 000	126 000	126 000			384 740	482 989	627 800
Total Borrowings							4 982	4 727	3 622	3 460		14 865
Trade Creditors Trade Payables					77 037	140 099	326 632	577 289	259 439	231 233	343 050	175 906
Trade Debtors Trade Receivables					272 052	245 978	282 822	504 094	747 833	723 255	683 803	815 051
Creditors Due Within One Year	158 099	182 292	195 781	347 797	522 029
Number Shares Allotted		2	2	2
Share Capital Allotted Called Up Paid	2	2	2	2
Tangible Fixed Assets Additions		8 390	2 877	26 884	2 705
Tangible Fixed Assets Cost Or Valuation	33 468	40 790	48 603	75 487	78 192
Tangible Fixed Assets Depreciation	24 559	29 800	35 761	53 379	62 001
Tangible Fixed Assets Depreciation Charged In Period		5 508	5 961	12 682	8 622
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		267
Tangible Fixed Assets Disposals		1 068