Italgrade Limited in London, W14 0QL

Description

Data updated on: 01-11-2023

This business is registered in London under the following Company Registration No.: 01656592. It was established in the year 1982. The main office of this company is situated at Lincoln House 137-143 Hammersmith Road. The area code is W14 0QL. The enterprise's SIC and NACE codes are 46900 and their NACE code stands for Non-specialised wholesale trade. The latest accounts were submitted for the period up to 2022-12-31 and the most recent annual confirmation statement was submitted on 2023-03-26.

Ibtisam A. and Luma A. are registered as the company's directors and have been monitoring progress towards achieving the objectives and policies for four years.

The companies that control this firm include: General Mediterranean Holding (Uk) Ltd owns over 3/4 of company shares. This business can be reached in London at Hammersmith Road, W14 0QL and was registered as a PSC under the registration number 02618212.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2015-12-31	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	GBP	GBP	GBP
Net Worth	-4 123 658	-4 290 125	-4 918 110	-4 951 201

Balance Sheet
Current Assets	296 908	218 284	50 655	447 129	75 145	161 651	15 187	17 105	35 603	108 436
Net Assets Liabilities				4 951 201	5 047 653	5 266 332	5 622 402	5 781 052	5 982 634	6 286 835
Cash Bank In Hand	39 791	920
Debtors	43 681	3 928
Other Debtors	43 681	3 928
Net Assets Liabilities Including Pension Asset Liability			-4 918 110	-4 951 201
Stocks Inventory	213 436	213 436
Tangible Fixed Assets	2 547	1 756

Capital & Reserves
Called Up Share Capital	1 500 000	1 500 000
Profit Loss Account Reserve	-5 623 658	-5 790 125
Shareholder Funds	-4 123 658	-4 290 125	-4 918 110	-4 951 201

Other Financial Data
Audit Fees Expenses	3 750	3 750
Average Number Employees During Period						3	8	10	10	10
Called Up Share Capital Not Paid Not Expressed As Current Asset					302 572	302 572
Creditors				3 901 431	3 955 613	4 085 820	5 940 161	40 513	6 320 809	6 697 843
Fixed Assets	305 119	304 328	303 143	302 858	302 572	302 572	302 572	302 572	302 572	302 572
Net Current Assets Liabilities	2 959 202	3 124 878	-3 751 496	-3 454 302	3 880 468	5 568 904	5 924 974	23 408	6 285 206	6 589 407
Total Assets Less Current Liabilities	2 654 083	2 820 550	-3 448 353	-3 151 444	3 577 896	3 621 597	306 484	5 781 052	5 982 634	6 286 835
Accruals Deferred Income Within One Year	47 114	22 812
Administrative Expenses	328 434	226 884
Amounts Owed To Parent Undertaking Within One Year	3 203 801	3 312 571
Cash Flow Outflow Before Management Liquid Resources Financing	27 638	38 871
Cash Flow Outflow From Operating Activities	28 502	38 875
Cost Sales		8 287
Creditors Due After One Year	1 469 575	1 469 575	1 469 757	1 799 757
Creditors Due Within One Year	3 256 110	3 343 162	3 802 151	3 901 431
Depreciation Tangible Fixed Assets Expense	2 219	791
Expenses Not Deductible For Tax Purposes		600
Finished Goods Goods For Resale	213 436	213 436
Foreign Currency Translation Gain Loss Recognised In Profit Loss	-174
Gross Profit Loss	60 000	60 413
Increase Decrease In Net Cash For Period	27 638	38 871
Interest Receivable On Short-term Investments Loans Deposits	7	4
Investments Fixed Assets	302 572	302 572
Loans From Directors	977	457
Net Assets Liability Excluding Pension Asset Liability	-4 123 658	-4 290 125
Net Debt Funds	1 429 784	1 468 655
Number Shares Allotted		1 500 000
Operating Profit Loss	-268 434	-166 471
Other Interest Receivable Similar Income	7	4
Other Taxation Social Security Within One Year	4 218	7 322
Par Value Share		1
Pension Costs	6 190	3 000
Pensions Costs Defined Contribution Schemes	6 190	3 000
Percentage Associate Held		44
Profit Loss For Period	-268 427	-166 467
Profit Loss On Ordinary Activities Before Tax	-268 427	-166 467
Share Capital Allotted Called Up Paid	1 500 000	1 500 000
Social Security Costs	8 938	7 585
Staff Costs	101 378	79 668
Tangible Fixed Assets Cost Or Valuation	11 090	3 954
Tangible Fixed Assets Depreciation	8 543	2 198
Tangible Fixed Assets Depreciation Charged In Period		791
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		7 136
Tangible Fixed Assets Disposals		7 136
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	69 791	39 952
Turnover Gross Operating Revenue	60 000	68 700
Utilisation Tax Losses	-70 594	-40 152
Wages Salaries	86 250	69 083