Motorway Online Ltd in London, EC1A 2BN

Description

Data updated on: 01-11-2023

Motorway Online Ltd 's been in the UK for at least eight years. Started with Companies House Reg No. 10285711 in 2016, the company have office at International House, London EC1A 2BN. The business name of the firm was changed in 2017 to Motorway Online Ltd. This enterprise former business name was For Tomorrow. This firm's SIC and NACE codes are 70229 : Management consultancy activities other than financial management. The latest financial reports cover the period up to 2022-12-31 and the most recent confirmation statement was submitted on 2023-07-18.

On Tuesday 7th February 2017, the company was employing a Full Stack Developer (Node/JS) at Hot New Startup to fill a vacancy in Camden. They offered a job with wage from £35000.00 to £45000.00 per year.

Our info about this enterprise's management shows there are six directors: Alan M., Danny R., Duncan J. and 3 other members of the Management Board who might be found within the Company Staff section of our website who became the part of the company on 2023-05-18, 2021-06-10 and 2018-03-09.

Previous company's names
Motorway Online Ltd 2017-02-28
For Tomorrow Ltd 2016-07-19

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-26 140

Balance Sheet
Cash Bank On Hand			1 108 697	6 505 616	2 366 414	120 560 190	88 017
Current Assets	33 057	240 364	1 424 200
Debtors			337 593	750 989	1 018 398	956 503	1 010
Net Assets Liabilities	26 140	200 905	2 175 997	8 005 786	2 921 863	123 849 671
Other Debtors			33 635	46 130	102 648	148	51
Property Plant Equipment			29 215	66 000	66 520	220	1 613
Net Assets Liabilities Including Pension Asset Liability	-26 140

Capital & Reserves
Called Up Share Capital	3
Profit Loss Account Reserve	-26 143
Shareholder Funds	-26 140

Other Financial Data
Accrued Liabilities Deferred Income						518	1 866
Accrued Liabilities Not Expressed Within Creditors Subtotal			153 037
Accumulated Amortisation Impairment Intangible Assets			5 440	12 694	19 948	27 202	35
Accumulated Depreciation Impairment Property Plant Equipment			15 102	49 943	104 490	210 842	440
Administrative Expenses						29 708	79 480
Amortisation Expense Intangible Assets						7	8
Amounts Owed To Group Undertakings Participating Interests					1 000	1	1
Average Number Employees During Period		4	11	39	75	164	318
Balances With Banks						120 560	88 017
Cash Cash Equivalents					2 366	120 560	88 017
Cash On Hand						120 560	88 017
Comprehensive Income Expense						-12 293	-42 540
Corporation Tax Recoverable				176 836	357 522	569 139	865
Cost Sales						2 713	5 245
Creditors	60 000	45 638	219 752	382 846	546 789	1 832	4 570
Current Tax For Period						-569	-865
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period						2 156	8 204
Depreciation Amortisation Expense						113	389
Depreciation Expense Property Plant Equipment						106	381
Disposals Decrease In Depreciation Impairment Property Plant Equipment							-152
Disposals Property Plant Equipment							-163
Equity Settled Share-based Payments Increase Decrease In Equity						1 271	5 101
Fixed Assets	803	6 179	1 102 496
Further Non-cash Item Leading To Gain Loss In Cash Flows Component Total Adjustments From Non-cash Items						1 271	5 101
Further Operating Expense Item Component Total Operating Expenses						367	1 157
Future Minimum Lease Payments Under Non-cancellable Operating Leases				199 461	284 518	3 431	3 174
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss						-5	-13
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						1 286	2 738
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						-3 661	-3 826
Gain Loss On Disposals Property Plant Equipment							-12
Gross Profit Loss						17 161	35 913
Income Taxes Paid Refund Classified As Operating Activities						-358	-568
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation						118 194	-32 543
Increase Decrease In Current Tax From Adjustment For Prior Periods							-865
Increase From Amortisation Charge For Year Intangible Assets				7 254	7 254	7 254	8
Increase From Depreciation Charge For Year Property Plant Equipment				34 841	54 547	106 352	381
Intangible Assets			30 828	23 574	16 320	9 066	18
Intangible Assets Gross Cost			36 268	36 268	36 268	36	53
Interest Income On Bank Deposits						1	162
Interest Payable Similar Charges Finance Costs						316
Interest Received Classified As Investing Activities						1	162
Investments Fixed Assets			1 042 453	1 042 453	1 000	1 000	1
Investments In Subsidiaries			1 042 453	1 042 453	1 000	1	1
Issue Ordinary Shares						131 949	7 682
Net Cash Flows From Used In Financing Activities						131 633	7 682
Net Cash Flows From Used In Investing Activities						-259	-1 640
Net Cash Flows From Used In Operating Activities						-13 180	-38 585
Net Cash Generated From Operations						-13 538	-39 153
Net Cash Inflow Outflow From Operations Before Movements In Working Capital						-11 163	-38 065
Net Current Assets Liabilities	33 057	194 726	1 226 538
Net Debt Funds							-88 017
Net Finance Income Costs						315	162
Nominal Value Allotted Share Capital						2	2
Number Equity Instruments Exercisable Share-based Payment Arrangement						30 819	47 940
Number Equity Instruments Exercised Share-based Payment Arrangement						742	2 057
Number Equity Instruments Forfeited Share-based Payment Arrangement						2 308	2 538
Number Equity Instruments Granted Share-based Payment Arrangement						13 948	21 716
Number Equity Instruments Outstanding Share-based Payment Arrangement					19 921	30 819	47 940
Number Shares Issued Fully Paid							197 588
Operating Profit Loss						-12 547	-43 567
Other Creditors			155 240	103 818	109 179	517 494	528
Other Interest Receivable Similar Income Finance Income						1	162
Other Short-term Employee Benefits						130	353
Other Taxation Payable			107 240	161 343	275 888	346	671
Par Value Share							0
Percentage Class Share Held In Subsidiary			100	100	100	100	100
Prepayments Accrued Income			22 090	74 808	186 989	491	1 977
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal			22 090
Proceeds From Issuing Shares Other Equity Instruments						131 949	7 682
Profit Loss						-12 293	-42 540
Profit Loss On Ordinary Activities Before Tax						-12 862	-43 405
Property Plant Equipment Gross Cost			44 317	115 943	171 010	431	2 053
Purchase Intangible Assets							17
Remaining Financial Commitments				9 324	15 129
Revenue From Rendering Services						-19 874	-41 158
Social Security Costs						927	2 086
Tax Expense Credit Applicable Tax Rate						-2 444	-8 247
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss						288	43
Tax Tax Credit On Profit Or Loss On Ordinary Activities						-569	-865
Total Additions Including From Business Combinations Intangible Assets							17
Total Additions Including From Business Combinations Property Plant Equipment				71 626	55 067	260 114	1 785
Total Assets Less Current Liabilities	33 860	200 905	2 329 034
Total Current Tax Expense Credit						-569	-865
Trade Creditors Trade Payables			110 309	117 685	160 722	659 383	1 058
Trade Debtors Trade Receivables			281 868	453 215	371 239	2 725 867	5 110
Turnover Revenue						19 874	41 158
Useful Life Intangible Assets Years						5	5
Useful Life Property Plant Equipment Years						2	2
Value-added Tax Payable						308	446
Wages Salaries						8 855	16 996
Director Remuneration						481	508
Creditors Due After One Year	60 000