Method Office Furniture Ltd. in London, W1T 3BL

Description

Data updated on: 01-11-2023

This particular Method Office Furniture Ltd. company has been operating on the market for 22 years, as it's been founded in 2002. Started with registration number 04374053, Method Office Furniture is a Private Limited Company with office in 27 Mortimer Street, London W1T 3BL. This company's declared SIC number is 43390 which means Other building completion and finishing. The latest accounts cover the period up to 2022/02/28 and the most recent confirmation statement was released on 2023/02/14.

There's a single director presently managing this particular limited company, namely Gary B. who's been carrying out the director's assignments for 22 years. Since February 2002 Simon F., had been supervising the following limited company up until the resignation 19 years ago. In addition a different director, specifically Scot Y. quit 19 years ago. In order to help the directors in their tasks, the limited company has been using the skills of Esther B. as a secretary since 2005.

Gary B. is the individual who controls this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-02-28	2014-02-28	2015-02-28	2016-02-28	2017-02-28	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2022-02-28
Currency
Net Worth	442 216	500 904	521 338	598 078

Balance Sheet
Cash Bank On Hand				617 708	402 287	81 476	361 843	153 599	58 375	141 418
Current Assets	663 101	1 825 116	2 361 036	2 918 777	1 274 006	1 374 344	1 233 342	968 511	423 494	493 307
Debtors	544 556	1 604 980	1 924 031	2 301 069	871 719	1 292 868	871 499	814 912	365 119	351 889
Other Debtors				35 190	74 690	172 787	84 079	110 782	56 164	57 007
Property Plant Equipment				10 079	4 955	654	3 529	2 274	269
Cash Bank In Hand	118 545	220 136	437 005	617 708
Net Assets Liabilities Including Pension Asset Liability	442 216	500 904	521 338	598 078
Tangible Fixed Assets	16 324	10 347	4 215	10 079

Capital & Reserves
Called Up Share Capital	20 400	20 400	24 000	24 000
Profit Loss Account Reserve	418 216	476 904	497 338	574 078
Shareholder Funds	442 216	500 904	521 338	598 078

Other Financial Data
Accrued Liabilities Deferred Income				954 735	60 446	3 500	5 000	5 250	5 250	5 250
Accumulated Depreciation Impairment Property Plant Equipment				42 528	47 651	52 926	54 120	35 170	37 175	37 444
Average Number Employees During Period							13	10	7	7
Bank Borrowings Overdrafts								2 087
Corporation Tax Payable				75 225	58 685	26 961	20 891	2 555	34 954	32 354
Creditors				2 330 778	666 493	878 175	868 656	798 574	251 003	320 244
Deferred Income							43 637
Future Minimum Lease Payments Under Non-cancellable Operating Leases						23 625	164 820	42 210
Increase From Depreciation Charge For Year Property Plant Equipment					5 124	5 275	1 895	1 905	2 005	269
Net Current Assets Liabilities	429 148	492 080	517 960	587 999	607 513	496 169	364 686	169 937	172 491	173 063
Number Shares Issued Fully Paid					1 200	1 200
Other Creditors				85 493	90 763	19 704	19 704	19 704	19 704	19 704
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment							701	20 855
Other Disposals Property Plant Equipment							701	20 855
Other Taxation Social Security Payable				75 946	23 700	29 938	9 560	8 789	7 631	3 599
Par Value Share		1	1	1	1	1
Prepayments Accrued Income				1 058 342	200 144	292 521	7 882	182 027	241 460	85 039
Property Plant Equipment Gross Cost				52 607	52 607	53 580	57 649	37 444	37 444
Total Additions Including From Business Combinations Property Plant Equipment						973	4 771	650
Total Assets Less Current Liabilities	445 472	502 427	522 175	598 078	612 468	496 823	368 215	172 211	172 760	173 063
Trade Creditors Trade Payables				1 139 379	432 899	798 072	769 864	760 189	183 464	259 337
Trade Debtors Trade Receivables				1 207 537	596 885	827 560	779 538	522 103	67 495	209 843
Capital Redemption Reserve	3 600	3 600	3 600
Creditors Due Within One Year	233 953	1 333 036	1 843 076	2 330 778
Number Shares Allotted		24 000	1 200	1 200
Provisions For Liabilities Charges	3 256	1 523	837
Share Capital Allotted Called Up Paid	20 400	20 400	1 200	1 200
Tangible Fixed Assets Additions		3 289	665	14 840
Tangible Fixed Assets Cost Or Valuation	33 812	37 101	37 767	52 607
Tangible Fixed Assets Depreciation	17 488	26 754	33 552	42 528
Tangible Fixed Assets Depreciation Charged In Period		9 266	6 799	8 976
Fixed Assets			4 215	10 079