Laxcon Developments Limited in Neasden, NW10 0TG

Description

Data updated on: 01-11-2023

Laxcon Developments Limited has been in the business for at least 37 years. Started with Companies House Reg No. 02107061 in 1987, the company is registered at Laxcon House Laxcon Close, Neasden NW10 0TG. This business's SIC and NACE codes are 68209 - Other letting and operating of own or leased real estate. The firm's latest filed accounts documents describe the period up to 2021-03-31 and the most recent confirmation statement was filed on 2023-03-31.

In order to be able to match the demands of their customers, this particular company is continually being taken care of by a team of two directors who are Vimal R. and Kalyan R.. Their successful cooperation has been of extreme importance to this company since August 2020. What is more, the managing director's efforts are backed by a secretary - Luis D., who was chosen by this company 4 years ago.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-03-31	2014-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-09-30
Currency
Net Worth	1 241 599	1 455 110

Balance Sheet
Cash Bank On Hand			75 173	62 009	46 320	810 604	182 530
Current Assets	22 376 144	12 474 644	21 776 211	24 513 151	18 785 847	13 763 791	9 423 389
Debtors	546 381	93 060	304 944	229 561	205 724	332 033	7 197 226
Net Assets Liabilities				12 128 576	12 133 667	11 255 199	403 916
Other Debtors			19 385	17 689		20 079	461 545
Total Inventories			21 396 094	24 221 581	18 533 803	12 621 154	2 043 633
Cash Bank In Hand	128 798	292 726
Stocks Inventory	21 700 965	12 088 858

Capital & Reserves
Called Up Share Capital	500 000	500 000
Profit Loss Account Reserve	741 599	955 110
Shareholder Funds	1 241 599	1 455 110

Other Financial Data
Audit Fees Expenses	1 845	2 650		2 500	3 500	7 000
Accrued Liabilities Deferred Income				101 500	434 000	831 757	631 272
Administration Support Average Number Employees							8
Amounts Owed By Group Undertakings Participating Interests							5 715 217
Amounts Owed To Group Undertakings			7 667 153	8 000 153	13 035 253	9 735 253
Amounts Owed To Group Undertakings Participating Interests						9 735 253
Bank Borrowings Overdrafts	10 617 935	12 037	3 724 610	11 064 267	3 721 027	2 316 000	3 017 941
Comprehensive Income Expense			1 198 579	1 909 834	5 091	-878 468	-10 851 283
Corporation Tax Payable			-14 135	-55 335	-55 335	23 264
Creditors			16 087 469	23 114 575	17 382 180	13 238 592	11 185 905
Finished Goods				499 000	499 000	212 548	2 043 633
Fixed Assets				10 730 000	10 730 000	10 730 000	12 394 768
Gain Loss On Revaluation Investment Properties Before Tax In Other Comprehensive Income				1 511 355
Income From Related Parties							419 140
Investments				10 730 000	10 730 000	10 730 000	73 000
Investments Fixed Assets				10 730 000	10 730 000	10 730 000	12 394 768
Net Current Assets Liabilities	1 241 599	1 455 110	5 688 742	1 398 576	1 403 667	525 199	-1 762 516
Other Creditors			83 952	85 473	163 917	213 198	398 500
Other Investments Other Than Loans				10 730 000	10 730 000	10 730 000	12 394 768
Other Taxation Social Security Payable				14 666	14 320	4 886	105 892
Par Value Share		1		1	1
Payments Received On Account			125 950	105 716			7 025 253
Prepayments Accrued Income				14 100			656 862
Profit Loss			1 198 579	1 909 834	5 091	-878 468	-10 851 283
Provisions For Liabilities Balance Sheet Subtotal							10 228 336
Total Assets Less Current Liabilities	1 241 599	1 455 110	10 218 742	12 128 576	12 133 667	11 255 199	10 632 252
Trade Creditors Trade Payables			4 385 939	3 812 801	68 998	114 234	7 047
Trade Debtors Trade Receivables			189 638	197 772	205 724	311 954	363 602
Wages Salaries							485 920
Work In Progress		4 795 858	16 208 449	23 722 581	18 034 803	12 408 606
Fees For Non-audit Services			2 500	2 500
Accrued Liabilities			114 000	101 500
Additions Other Than Through Business Combinations Investment Property Fair Value Model				4 688 645
Administrative Expenses	433 915		827 113	421 483
Amounts Owed To Group Undertakings Other Participating Interests Within One Year	8 551 265	9 604 265
Applicable Tax Rate			20	19
Bank Overdrafts			3 724 610	11 064 267
Bank Overdrafts Secured	10 617 935	12 037
Cash Cash Equivalents Cash Flow Value			-3 649 437	-11 002 258
Cost Sales	1 033 643		2 671 001
Creditors Due Within One Year	21 134 545	11 019 534
Current Tax For Period			299 645
Debtors Due Within One Year	546 381	93 060
Effective Current Tax Rate	24
Further Item Operating Income Component Total Other Operating Income				200 000
Gain Loss Before Tax On Sale Discontinued Operations				1 511 355
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables			-1 324 886	-271 351
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			1 104 114	75 383
Gross Profit Loss	291 357		1 764 138
Income Taxes Paid Refund Classified As Operating Activities			-1 529 377	-41 200
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation			-7 232 769	-7 352 821
Increase Decrease In Stocks Inventories Finished Goods Work In Progress			6 980 844	2 825 487
Interest Payable Similar Charges	74 648
Investment Property			4 530 000	10 730 000
Investment Property Fair Value Model			4 530 000	10 730 000
Merchandise			5 187 645	499 000
Net Cash Flows From Used In Investing Activities			-33	4 688 645
Net Cash Flows From Used In Operating Activities			7 232 802	2 664 176
Net Cash Generated From Operations			5 703 425	2 622 976
Net Interest Received Paid Classified As Investing Activities			-33
Number Shares Allotted		500 000
Number Shares Issued Fully Paid				500 000
Operating Profit Loss	282 172		1 498 191	398 479
Other Creditors Due Within One Year	1 763 508	243 043
Other Interest Receivable Similar Income Finance Income			33
Other Operating Income	424 730
Other Operating Income Format1			561 166	819 962
Payments Received On Account Within One Year	104 196	97 532
Prepayments			1 230	14 100
Profit Loss For Period	160 643
Profit Loss On Ordinary Activities Before Tax	207 524		1 498 224	1 909 834
Purchase Investment Properties				-4 688 645
Recoverable Value-added Tax			94 691
Rental Leasing Income			561 166	619 962
Share Capital Allotted Called Up Paid	500 000	500 000
Stocks Raw Materials Consumables	22 400 343	7 723 145
Taxation Social Security Due Within One Year	62 317	511 828
Tax Expense Credit Applicable Tax Rate			299 645	362 868
Tax On Profit Or Loss On Ordinary Activities	46 881
Tax Tax Credit On Profit Or Loss On Ordinary Activities			299 645
Total Dividend Payment		1 500 000
Trade Creditors Within One Year	35 324	550 829
Turnover Gross Operating Revenue	1 325 000
Turnover Revenue			4 435 139
U K Current Corporation Tax	46 881