Franco Group Limited in London, SW11 5QL

Description

Data updated on: 01-11-2023

Franco Group Limited with the registration number 03696687 has been on the market for 25 years. This Private Limited Company can be contacted at Unit 61, Battersea Business Centre, 99-109 Lavender Hill, London and its zip code is SW11 5QL. This enterprise's Standard Industrial Classification Code is 62020 meaning Information technology consultancy activities. The latest accounts were submitted for the period up to 2023-01-31 and the most current confirmation statement was submitted on 2023-08-08.

In order to satisfy its client base, the business is continually being developed by a number of three directors who are Osaretin A., Bamidele A. and Augustine A.. Their mutual commitment has been of prime use to this business since August 2018. In order to find professional help with legal documentation, the business has been utilizing the skillset of Bamidele A. as a secretary since 2018.

Osaretin A. is the individual who has control over 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	2012-01-31	2013-01-31	2014-01-31	2015-01-31	2016-01-31	2017-01-31	2018-01-31	2019-01-31	2020-01-31	2021-01-31	2022-01-31	2023-01-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-37 477	-58 054	-70 619	-80 764	-86 021

Balance Sheet
Cash Bank On Hand					1 005	301	328	253	202	1 526	108	206
Current Assets	7 022	5 137	4 728	4 451	5 164	4 239	3 841	3 425	3 193	3 934	2 577	2 921
Debtors	6 917	4 930	4 397	3 922	4 159	3 938	3 513	3 172	2 991	2 408	2 469	2 715
Net Assets Liabilities					-86 021	-91 615	-95 767	-95 951	-96 128	-97 615	-99 512	-100 601
Property Plant Equipment					1 860	1 488	1 191	953	762	610	1 766	1 413
Cash Bank In Hand	105	207	331	529	1 005
Net Assets Liabilities Including Pension Asset Liability	-37 477	-58 054	-70 619	-80 764	-86 021
Other Debtors	447	402	322	257	274
Tangible Fixed Assets	612	3 632	2 906	2 325	1 860
Trade Debtors	6 408	4 485	4 036	3 632	3 849

Capital & Reserves
Called Up Share Capital	2	2	2	2	2
Profit Loss Account Reserve	-37 479	-58 056	-70 621	-80 766	-86 023
Shareholder Funds	-37 477	-58 054	-70 619	-80 764	-86 021

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					3 269	3 641	3 938	4 176	4 367	4 519	4 961	5 314
Average Number Employees During Period								2	2
Creditors					93 045	97 342	100 799	100 329	100 083	102 159	96 120	97 587
Fixed Assets	612	3 632	2 906	2 325	1 860	1 488	1 191	953	762	610	1 766	1 413
Increase From Depreciation Charge For Year Property Plant Equipment						372	297	238	191	152	442	353
Net Current Assets Liabilities	-38 089	-61 686	-73 525	-83 089	-87 881	-93 103	-96 958	-96 904	-96 890	-98 225	-93 543	-94 666
Property Plant Equipment Gross Cost					5 129	5 129	5 129	5 129	5 129	5 129	6 727	6 727
Total Additions Including From Business Combinations Property Plant Equipment											1 598
Total Assets Less Current Liabilities	-37 477	-58 054	-70 619	-80 764	-86 021	-91 615	-95 767	-95 951	-96 128	-97 615	-91 777	-93 253
Creditors Due Within One Year	45 111	66 823	78 253	87 540	93 045
Number Shares Allotted	2	2	2	2	2
Other Creditors Due Within One Year	45 111	66 823	78 253	87 540	93 045
Par Value Share	1	1	1	1	1
Prepayments Accrued Income Current Asset	62	43	39	33	36
Share Capital Allotted Called Up Paid	2	2	2	2	2
Tangible Fixed Assets Additions		3 928
Tangible Fixed Assets Cost Or Valuation	1 201	5 129	5 129	5 129	5 129
Tangible Fixed Assets Depreciation	589	1 497	2 223	2 804	3 269
Tangible Fixed Assets Depreciation Charged In Period		908	726	581	465