London Speed Limited in London, N13 4XE

Description

Data updated on: 01-11-2023

Based in 255 Green Lanes, London N13 4XE London Speed Limited is a Private Limited Company issued a 07404652 registration number. This company was launched 14 years ago. The firm's SIC code is 45400 and their NACE code stands for Sale, maintenance and repair of motorcycles and related parts and accessories. Tuesday 31st May 2022 is the last time company accounts were reported.

Within the following limited company, all of director's duties have so far been executed by Ian T. who was selected to lead the company on 2010-10-12. Since 2010 Barbara K., had been managing the limited company until the resignation in October 2010.

Ian T. is the individual who has control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency
Net Worth	106 388	183 921	298 223	404 249

Balance Sheet
Cash Bank In Hand	15 967	72 412	34 477	148 372
Cash Bank On Hand				148 372	121 214	225 112	386 263	695 765	1 012 054	1 203 264	660 576
Current Assets	342 196	398 076	464 277	546 624	523 891	769 243	942 727	1 642 942	1 923 780	2 200 786	2 351 754
Debtors	31 179	24 214	18 925	48 877	41 802	139 006	146 089	244 677	365 726	201 522	281 178
Intangible Fixed Assets	270 000	255 000	240 000	225 000
Net Assets Liabilities				404 249	538 617	617 875	749 267	964 010	1 606 337	1 909 974	1 998 110
Net Assets Liabilities Including Pension Asset Liability	106 388	183 921	298 223	404 249
Other Debtors				1 333	5 912	52 301	1 898	956	2 253	703	703
Property Plant Equipment				34 247	36 052	31 185	30 593	54 045	52 718	94 871
Stocks Inventory	295 050	301 450	410 875	349 375
Tangible Fixed Assets	37 326	40 658	39 061	34 247
Total Inventories				349 375	360 875	405 125	410 375	702 500	546 000	796 000	1 410 000

Capital & Reserves
Called Up Share Capital	1	1	1	1
Profit Loss Account Reserve	106 387	183 920	298 222	404 248
Shareholder Funds	106 388	183 921	298 223	404 249

Other Financial Data
Amount Specific Advance Or Credit Directors						79 298	128 586	130 563	281 330	85 583	87 550
Amount Specific Advance Or Credit Made In Period Directors						79 298	128 586	1 977	150 767		1 967
Amount Specific Advance Or Credit Repaid In Period Directors							79 298			195 747
Accrued Liabilities				9 038	4 946	11 702	8 035	13 872	12 757	15 818	11 660
Accumulated Amortisation Impairment Intangible Assets				75 000	90 000	105 000	120 000	135 000	150 000	165 000	180 000
Accumulated Depreciation Impairment Property Plant Equipment				34 559	40 769	46 441	51 700	57 423	64 869	82 996	62 978
Amounts Owed By Directors						79 298	128 586
Average Number Employees During Period					6	6	6	7	9	8	8
Corporation Tax Payable				49 052	50 151	41 159	53 109	71 457	185 153	117 263	79 298
Corporation Tax Recoverable								41 790	42 388	75 137	75 137
Creditors				394 976	224 342	371 757	398 347	887 795	510 216	502 716	541 803
Creditors Due After One Year	300 000	150 000
Creditors Due Within One Year	236 038	351 984	437 551	394 976
Dividends Paid					50 000	69 400	70 000	80 000	120 000	200 000	200 000
Fixed Assets	307 326	295 658	279 061	259 247	246 052	226 185	210 593	219 045	202 718	229 871	205 136
Increase From Amortisation Charge For Year Intangible Assets					15 000	15 000	15 000	15 000	15 000	15 000	15 000
Increase From Depreciation Charge For Year Property Plant Equipment					6 210	5 672	5 259	5 723	7 446	18 127	720
Intangible Assets				225 000	210 000	195 000	180 000	165 000	150 000	135 000	120 000
Intangible Assets Gross Cost				300 000	300 000	300 000	300 000	300 000	300 000	300 000
Intangible Fixed Assets Aggregate Amortisation Impairment	30 000	45 000	60 000	75 000
Intangible Fixed Assets Amortisation Charged In Period		15 000	15 000	15 000
Intangible Fixed Assets Cost Or Valuation	300 000	300 000	300 000
Loans From Directors				39 133	82
Net Current Assets Liabilities	106 158	46 092	26 726	151 648	299 549	397 486	544 380	755 147	1 413 564	1 698 070	1 809 951
Number Shares Allotted		1	1	1
Other Taxation Social Security Payable				746	1 015	728	1 510	2 554	2 316	4 477	3 752
Par Value Share		1	1	1
Prepayments				4 913	4 948	5 394	5 839	6 698	6 639	5 468	7 021
Profit Loss					184 368	148 658	201 392	294 743	762 327	503 637	288 136
Property Plant Equipment Gross Cost				68 806	76 821	77 626	82 293	111 468	117 587	177 867	7 661
Provisions For Liabilities Balance Sheet Subtotal				6 646	6 984	5 796	5 706	10 182	9 945	17 967	16 977
Provisions For Liabilities Charges	7 096	7 829	7 564	6 646
Share Capital Allotted Called Up Paid	1	1	1	1
Tangible Fixed Assets Additions		10 369	5 085	1 466
Tangible Fixed Assets Cost Or Valuation	51 886	62 255	67 340	68 806
Tangible Fixed Assets Depreciation	14 560	21 597	28 279	34 559
Tangible Fixed Assets Depreciation Charged In Period		7 037	6 682	6 280
Total Additions Including From Business Combinations Property Plant Equipment					8 015	805	4 667	29 175	6 119	60 280	8 768
Total Assets Less Current Liabilities	413 484	341 750	305 787	410 895	545 601	623 671	754 973	974 192	1 616 282	1 927 941	2 015 087
Trade Creditors Trade Payables				206 865	72 625	239 721	195 131	627 756	24 184	186 606	296 204
Trade Debtors Trade Receivables				42 631	30 942	2 013	9 766	64 670	33 116	2 631	78 767
Value-added Tax Payable				90 142	95 523	78 447	140 562

Company staff

Ian T.

Role: Director

Appointed: 12 October 2010

Latest update: 10 March 2024

People with significant control

Ian T.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	29 February 2024
Account last made up date	31 May 2022
Confirmation statement next due date	26 October 2024
Confirmation statement last made up date	12 October 2023

Annual Accounts 4 December 2014
Start Date For Period Covered By Report	01 June 2013
End Date For Period Covered By Report	31 May 2014
Date Approval Accounts	4 December 2014
Annual Accounts 2 November 2015
Start Date For Period Covered By Report	01 June 2014
End Date For Period Covered By Report	31 May 2015
Date Approval Accounts	2 November 2015
Annual Accounts 19 December 2016
Start Date For Period Covered By Report	01 June 2015
End Date For Period Covered By Report	31 May 2016
Date Approval Accounts	19 December 2016
Annual Accounts
Start Date For Period Covered By Report	01 June 2016
Annual Accounts
Start Date For Period Covered By Report	01 June 2017
End Date For Period Covered By Report	31 May 2018
Annual Accounts
Start Date For Period Covered By Report	01 June 2018
End Date For Period Covered By Report	31 May 2019
Annual Accounts
Start Date For Period Covered By Report	01 June 2019
End Date For Period Covered By Report	31 May 2020
Annual Accounts
Start Date For Period Covered By Report	01 June 2020
End Date For Period Covered By Report	31 May 2021
Annual Accounts
Start Date For Period Covered By Report	01 June 2021
End Date For Period Covered By Report	31 May 2022
Annual Accounts
Start Date For Period Covered By Report	01 June 2022
End Date For Period Covered By Report	31 May 2023
Annual Accounts
End Date For Period Covered By Report	31 May 2017

London Speed Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Ian T.

Barbara K.

People with significant control

Ian T.

Accounts Documents

Company filings

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