Iam Finance Limited in London, W1T 3AD

Description

Data updated on: 01-11-2023

The business is registered in London registered with number: 06738765. It was registered in 2008. The office of the company is situated at 9 Berners Place . The post code for this location is W1T 3AD. It has been already fifteen years that Iam Finance Limited is no longer identified under the business name Gemgold Finance. This firm's principal business activity number is 46499 : Wholesale of household goods (other than musical instruments) n.e.c.. The most recent financial reports were submitted for the period up to 2022-06-30 and the most recent annual confirmation statement was released on 2022-10-31.

When it comes to this specific firm, the full extent of director's duties have so far been executed by Johnny L. who was assigned this position fifteen years ago. The following firm had been supervised by Mohan L. up until eight years ago. Additionally a different director, specifically Barbara K. quit on June 1, 2009.

Lajwanti L. is the individual with significant control over this firm, owns over 3/4 of company shares.

Previous company's names
Iam Finance Limited 2009-06-07
Gemgold Finance Limited 2008-10-31

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-06-30	2014-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency
Net Worth	381 295	969 457

Balance Sheet
Cash Bank In Hand	241 006	110 744
Cash Bank On Hand			399 840	107 247	1 029 708	1 871 978	4 286 462	686 921
Current Assets	3 048 938	3 921 348	8 387 264	9 798 251	11 533 584	12 505 693	14 364 924	13 354 340
Debtors	881 608	1 159 566	1 249 724	1 419 049	1 199 344	2 704 264	2 606 112	4 118 018
Net Assets Liabilities			3 271 425	4 213 762	5 202 930	2 472 212	3 734 677	4 828 063
Other Debtors					35 440	71 974	241 504	227 289
Property Plant Equipment			269 939	202 264	133 882	92 534	57 814
Stocks Inventory	1 926 324	2 651 038
Tangible Fixed Assets	804	114 523
Total Inventories			6 737 700	8 271 955	9 304 532	7 929 451	7 472 350	8 549 401

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	381 195	969 357
Shareholder Funds	381 295	969 457

Other Financial Data
Audit Fees Expenses						5 500	5 500	5 500
Fees For Non-audit Services					7 200	7 200	7 200	7 200
Amount Specific Advance Or Credit Directors			27 170	20 260	59 928	60 881	95 141	228 444
Amount Specific Advance Or Credit Made In Period Directors					39 668	953	34 260	133 303
Amount Specific Advance Or Credit Repaid In Period Directors			708	6 910
Accrued Liabilities					18 200	19 900	25 400	12 700
Accumulated Depreciation Impairment Property Plant Equipment			324 461	408 690	477 072	514 033	548 753	579 481
Additional Provisions Increase From New Provisions Recognised				-12 630	-12 823	-7 261	-121	-11 162
Administrative Expenses					1 247 559	1 546 695	1 661 269	1 973 973
Applicable Tax Rate					19	19	19	19
Average Number Employees During Period				8	11	11	10	10
Cash Cash Equivalents Cash Flow Value					1 029 708	1 871 978	4 286 462
Comprehensive Income Expense					1 089 168	-1 530 718	1 612 027	1 093 386
Corporation Tax Payable					357 343	35 899		124 634
Cost Sales					7 716 019	10 770 232	7 854 288	9 765 744
Creditors			5 337 535	5 751 140	6 441 746	10 110 486	10 672 653	8 559 899
Creditors Due Within One Year	2 668 447	3 066 414
Current Tax For Period					268 307		34 622	286 668
Depreciation Amortisation Expense					68 382	45 042	34 720	30 728
Depreciation Expense Property Plant Equipment					68 382	45 041	34 720	30 728
Disposals Decrease In Depreciation Impairment Property Plant Equipment				11 748		8 080
Disposals Property Plant Equipment				78 321		10 951
Dividends Paid				100 000	100 000	1 200 000	349 562
Dividends Paid Classified As Financing Activities							-349 562
Dividends Paid On Shares Interim							349 562
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables					542 669	2 790 184	598 066	-2 237 387
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables					259 373	-1 503 968	132 412	-1 378 603
Gross Profit Loss					2 593 716	3 227 811	3 251 398	3 338 385
Income Taxes Paid Refund Classified As Operating Activities					-211 262	-321 444	-70 521	-162 034
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					931 569	842 270	2 414 484	-3 599 541
Increase Decrease In Stocks Inventories Finished Goods Work In Progress					1 032 577	-1 375 081	-457 101	1 077 051
Increase From Depreciation Charge For Year Property Plant Equipment				95 977	68 382	45 041	34 720	3 034
Merchandise					9 128 072	7 432 545	7 099 563	7 889 704
Net Cash Flows From Used In Financing Activities					39 668	953	383 822	133 303
Net Cash Flows From Used In Investing Activities					-1 553	2 954	-5 813	6 303
Net Cash Flows From Used In Operating Activities					-969 684	-846 177	-2 792 493	3 459 935
Net Cash Generated From Operations					-1 184 004	-1 167 621	-2 863 014	3 297 901
Net Current Assets Liabilities	380 491	854 934	3 049 729	4 047 111	5 091 838	2 395 207	3 692 271	4 794 441
Net Interest Received Paid Classified As Investing Activities					-1 553	-2 619	-5 813	-4 479
Number Shares Allotted		100
Number Shares Issued Fully Paid				100	100	100	100	100
Operating Profit Loss					1 346 157	1 693 922	1 640 715	1 364 412
Other Creditors					891	1 939	4 468	1 996
Other Deferred Tax Expense Credit					-12 823	-7 261	-121	-11 163
Other Interest Receivable Similar Income Finance Income					1 553	2 619	5 813	4 479
Other Operating Income Format1						12 806	50 586
Other Taxation Social Security Payable					3 313	5 530	4 039	8 399
Par Value Share		1		1	1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs					3 914	4 858	4 256	5 757
Prepayments Accrued Income					25 573	922		1 532
Profit Loss				1 042 338	1 089 168	-1 530 718	1 612 027	1 093 386
Profit Loss On Ordinary Activities Before Tax					1 344 652	-1 537 979	1 646 528	1 368 891
Property Plant Equipment Gross Cost			594 400	610 954	610 954	606 567	11 429	589 602
Provisions			48 243	35 613	22 790	15 529	15 408	4 246
Provisions For Liabilities Balance Sheet Subtotal			48 243	35 613	22 790	15 529	15 408	4 246
Purchase Property Plant Equipment						-6 564		-10 782
Share Capital Allotted Called Up Paid	100	100
Social Security Costs					11 476	15 459	14 796	18 644
Staff Costs Employee Benefits Expense					202 753	247 982	233 920	272 868
Tangible Fixed Assets Additions		134 044
Tangible Fixed Assets Cost Or Valuation	1 462	135 506
Tangible Fixed Assets Depreciation	658	20 983
Tangible Fixed Assets Depreciation Charged In Period		20 325
Tax Expense Credit Applicable Tax Rate					255 484	-292 216	312 840	260 089
Tax Tax Credit On Profit Or Loss On Ordinary Activities					255 484	-7 261	34 501	275 505
Total Additions Including From Business Combinations Property Plant Equipment				94 875		6 564		10 782
Total Assets Less Current Liabilities	381 295	969 457	3 319 668	4 249 375	5 225 720	2 487 741	3 750 085	4 832 309
Total Operating Lease Payments					53 912	64 144	38 558	68 538
Trade Creditors Trade Payables					1 271 017	1 959 858	2 027 783	2 098 388
Trade Debtors Trade Receivables					1 058 926	2 550 701	1 165 590	3 584 414
Turnover Revenue					10 309 735	13 998 043	11 105 686	13 104 129
Wages Salaries					187 363	227 665	214 868	248 467
Bank Overdrafts				9 108
Dividends Paid On Shares						1 200 000	349 562
Dividends Paid On Shares Final					100 000	1 200 000
Further Item Interest Expense Component Total Interest Expense					3 058
Gain Loss On Disposal Assets Income Statement Subtotal						-1 880
Gain Loss On Disposals Property Plant Equipment						-1 880
Interest Paid Classified As Operating Activities					-3 058
Interest Payable Similar Charges Finance Costs					3 058
Proceeds From Sales Property Plant Equipment						-991
Restructuring Costs						3 234 520

Company staff

Johnny L.

Role: Director

Appointed: 01 June 2009

Latest update: 1 April 2024

Mohan L.

Role: Director

Appointed: 23 August 2013

Resigned: 31 March 2016

Latest update: 1 April 2024

Mohan L.

Role: Secretary

Appointed: 01 June 2009

Resigned: 30 March 2016

Latest update: 1 April 2024

Barbara K.

Role: Director

Appointed: 31 October 2008

Resigned: 01 June 2009

Latest update: 1 April 2024

Temple Secretaries Limited

Role: Secretary

Appointed: 31 October 2008

Resigned: 01 June 2009

Latest update: 1 April 2024

People with significant control

Lajwanti L.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	31 March 2024
Account last made up date	30 June 2022
Confirmation statement next due date	14 November 2023
Confirmation statement last made up date	31 October 2022

Annual Accounts 30 April 2015
Start Date For Period Covered By Report	01 July 2013
End Date For Period Covered By Report	30 June 2014
Date Approval Accounts	30 April 2015
Annual Accounts
Start Date For Period Covered By Report	01 July 2018
End Date For Period Covered By Report	30 June 2019
Annual Accounts
Start Date For Period Covered By Report	01 July 2019
End Date For Period Covered By Report	30 June 2020
Annual Accounts
Start Date For Period Covered By Report	01 July 2020
End Date For Period Covered By Report	30 June 2021
Annual Accounts
Start Date For Period Covered By Report	01 July 2021
End Date For Period Covered By Report	30 June 2022
Annual Accounts
Start Date For Period Covered By Report	01 July 2022
End Date For Period Covered By Report	30 June 2023

Iam Finance Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Johnny L.

Mohan L.

Mohan L.

Barbara K.

Temple Secretaries Limited

People with significant control

Lajwanti L.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address,
2014

Address:

Post code:

City / Town:

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Iam Finance Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Johnny L.

Mohan L.

Mohan L.

Barbara K.

Temple Secretaries Limited

People with significant control

Lajwanti L.

Accounts Documents

Company filings

Filing category

Additional Information

HQ address, 2014

Address:

Post code:

City / Town:

Search other companies

Services (by SIC Code)

Company Age

Closest Companies - by postcode

HQ address,
2014