Finesco Financial Services Limited, G3 7UL

Description

Data updated on: 01-11-2023

Finesco Financial Services Limited can be found at Anderston at 6 Woodside Crescent. You can look up the company by its postal code - G3 7UL. The company has been operating on the UK market for fourty years. The firm is registered under the number SC087379 and company's last known state is active. This enterprise's SIC and NACE codes are 66190, that means Activities auxiliary to financial intermediation n.e.c.. The firm's latest filed accounts documents were submitted for the period up to 2022-04-30 and the most current confirmation statement was submitted on 2023-09-20.

Our database detailing this company's MDs reveals the existence of two directors: James D. and James H. who became the part of the company on 1989-09-20. In order to provide support to the directors, this specific limited company has been using the skills of James D. as a secretary.

James D. is the individual who controls this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-30
Currency

Balance Sheet
Cash Bank On Hand	1 650 376	1 699 282	1 826 149	1 707 058	1 379 074
Current Assets	1 899 081	1 832 717	1 961 273	1 844 450	1 644 461
Debtors	248 705	133 435	135 124	137 392	265 387
Net Assets Liabilities	1 616 579	1 641 604	1 722 149	1 690 028	1 518 148
Property Plant Equipment	2 063	17 225	8 107	3 921	1 961

Other Financial Data
Audit Fees Expenses	8 850	8 025	8 000	8 000
Director Remuneration	169 304	170 383	113 931	151 055
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1	1	1
Accrued Liabilities	218 881	172 837	213 281	136 399	99 461
Accumulated Amortisation Impairment Intangible Assets	64 715	64 715	64 715	64 715
Accumulated Depreciation Impairment Property Plant Equipment	87 889	97 037	106 155	116 223	76 694
Additional Provisions Increase From New Provisions Recognised		3 065
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss			-1 732	-1 333
Administrative Expenses	2 123 547	2 465 430	2 309 093	2 497 433
Applicable Tax Rate	19	19	19
Average Number Employees During Period	11	11	11	11	11
Cash Cash Equivalents Cash Flow Value	1 650 376	1 699 282	1 826 149
Comprehensive Income Expense	164 425	25 025	80 545	-32 121
Corporation Tax Payable	38 979	4 585	20 794
Corporation Tax Recoverable				4 598	4 598
Creditors	286 784	207 802	248 889	1 961	130 255
Current Tax For Period	38 979	4 585	20 794
Depreciation Amortisation Expense	1 663	9 149	9 118	10 068
Depreciation Expense Property Plant Equipment	1 661	9 148	9 118	8 107
Disposals Decrease In Depreciation Impairment Property Plant Equipment					41 489
Disposals Property Plant Equipment					41 489
Finance Lease Liabilities Present Value Total				1 961	1 961
Fixed Assets	9 282	24 754	16 098	9 927	8 942
Further Item Interest Expense Component Total Interest Expense			28
Further Item Operating Income Component Total Other Operating Income		3 156	17 101	9 854
Further Operating Expense Item Component Total Operating Expenses	8 400	8 025	8 000	39 996
Future Minimum Lease Payments Under Non-cancellable Operating Leases	27 500	27 500	27 500	27 500
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-1 292	-44 588	24 878	-72 668
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-17 053	115 270	-1 689	2 330
Income Taxes Paid Refund Classified As Operating Activities	-32 144	-38 979	-4 585	-20 794
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	150 479	48 906	126 867	-119 091
Increase Decrease In Current Tax From Adjustment For Prior Periods		139
Increase Decrease In Property Plant Equipment				5 882
Increase From Depreciation Charge For Year Property Plant Equipment		9 148	9 118	10 068	1 960
Intangible Assets Gross Cost	64 715	64 715	64 715	64 715
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				449
Interest Paid Classified As Operating Activities			-133
Interest Payable Similar Charges Finance Costs			133	449
Investments Fixed Assets	7 219	7 529	7 991	6 006	6 981
Net Cash Flows From Used In Financing Activities				-3 922
Net Cash Flows From Used In Investing Activities	-57	21 121	-1 568	4 276
Net Cash Flows From Used In Operating Activities	-150 422	-70 027	-125 299	118 737
Net Cash Generated From Operations	-182 566	-109 006	-130 017	97 494
Net Current Assets Liabilities	1 612 297	1 624 915	1 712 384	1 687 062	1 514 206
Net Interest Received Paid Classified As Investing Activities	-3 103	-3 189	-1 568	-1 606
Number Shares Issued Fully Paid		4 000	4 000	4 000
Operating Profit Loss	199 248	29 176	97 710	-37 224
Other Deferred Tax Expense Credit		3 065	-1 732	-1 333
Other Interest Receivable Similar Income Finance Income	3 103	3 189	1 568	1 606
Other Investments Other Than Loans	7 219	7 529	7 991	6 006	6 981
Other Operating Income Format1		3 156	17 101	9 854
Other Taxation Social Security Payable	22 360	26 691	11 449	15 181	24 225
Par Value Share		1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities				3 922
Pension Other Post-employment Benefit Costs Other Pension Costs	66 450	72 469	85 204	87 852
Prepayments	41 185	37 314	46 054	44 115	43 693
Profit Loss	164 425	25 025	80 545	-32 121
Profit Loss On Ordinary Activities Before Tax	203 404	32 675	99 607	-38 052
Property Plant Equipment Gross Cost	89 952	114 262	114 262	120 144	78 655
Provisions	5 000	8 065	6 333	5 000
Provisions For Liabilities Balance Sheet Subtotal	5 000	8 065	6 333	5 000	5 000
Purchase Property Plant Equipment	-3 046	-24 310		-5 882
Social Security Costs	52 859	59 331	51 704	60 499
Staff Costs Employee Benefits Expense	616 059	646 558	599 104	668 458
Tax Expense Credit Applicable Tax Rate	38 647	6 208	18 925
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	332	1 303	137
Tax Tax Credit On Profit Or Loss On Ordinary Activities	38 979	7 650	19 062	-5 931
Total Additions Including From Business Combinations Property Plant Equipment		24 310		5 882
Total Assets Less Current Liabilities	1 621 579	1 649 669	1 728 482	1 696 989	1 523 148
Total Current Tax Expense Credit			20 794	-4 598
Trade Debtors Trade Receivables	33 387	17 267	17 406	16 862	14 633
Turnover Revenue	2 322 795	2 491 450	2 389 702	2 450 355
Wages Salaries	496 750	514 758	462 196	520 107

Company staff

James D.

Role: Secretary

Latest update: 9 April 2024

James D.

Role: Director

Appointed: 20 September 1989

Latest update: 9 April 2024

James H.

Role: Director

Appointed: 20 September 1989

Latest update: 9 April 2024

People with significant control

James D.

Notified on 1 May 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Accounts Documents

Account next due date	31 January 2024
Account last made up date	30 April 2022
Confirmation statement next due date	04 October 2024
Confirmation statement last made up date	20 September 2023

Annual Accounts
Start Date For Period Covered By Report	01 May 2019
End Date For Period Covered By Report	30 April 2020
Annual Accounts
Start Date For Period Covered By Report	01 May 2020
End Date For Period Covered By Report	30 April 2021
Annual Accounts
Start Date For Period Covered By Report	01 May 2021
End Date For Period Covered By Report	30 April 2022
Annual Accounts
Start Date For Period Covered By Report	01 May 2022
End Date For Period Covered By Report	30 April 2023

Finesco Financial Services Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

James D.

James D.

James H.

People with significant control

James D.

Accounts Documents

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies