Michels Ventures 4 Limited in London, W1W 6HL

Description

Data updated on: 01-11-2023

This particular company is situated in London under the ID 11166224. This company was established in 2018. The headquarters of the firm is situated at 2nd Floor 32-33 Gosfield Street. The post code for this address is W1W 6HL. This company's SIC code is 55100 which means Hotels and similar accommodation. 2022-12-31 is the last time when the company accounts were filed.

Since 2018-01-23, the company has only been guided by a single managing director: David M. who has been with it for six years. In addition, the managing director's assignments are often backed by a secretary - Ian N., who was appointed by this company on 2019-04-10.

The companies with significant control over this firm include: London And Regional Group Property Holdings Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in London at Floor 6, 4 Thomas More Square, E1W 1YW and was registered as a PSC under the reg no 11393433.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	3 966 698	406 790	638 153	164 530
Current Assets	4 406 798	595 951	764 445	663 294
Debtors	410 535	170 234	91 399	455 832
Net Assets Liabilities	2 877 283	3 281 917	-1 256 262	-5 440 803
Other Debtors	89 719	225 116		99 543
Property Plant Equipment	24 899 974	26 855 753	22 737 099	19 156 712
Total Inventories	29 565	18 927	34 893	42 932

Other Financial Data
Audit Fees Expenses	25 000	25 000	25 000	30 000
Accrued Liabilities Deferred Income	586 425	292 285	399 546	474 707
Accumulated Depreciation Impairment Property Plant Equipment	58 596	691 588	1 831 591	8 685 692
Additional Provisions Increase From New Provisions Recognised		-39 627	-140 292	-108 804
Additions Other Than Through Business Combinations Property Plant Equipment		2 588 771	121 349	173 714
Administrative Expenses	4 479 801	3 287 422	7 441 676	9 069 143
Amounts Owed By Group Undertakings	23 937	17 368		18 579
Amounts Owed To Associates Joint Ventures Participating Interests	8 552 921	100 000	100 000	100 000
Amounts Owed To Group Undertakings	2 661 658	203 448	1 106 808	1 794 060
Applicable Tax Rate		19	19	19
Average Number Employees During Period		71	60	79
Balances Amounts Owed To Related Parties	8 552 921	8 921 765	1 034 697
Bank Borrowings Overdrafts	596 265	13 479 517	782 385	805 341
Comprehensive Income Expense	1 484 363	404 634	-4 538 179	-4 184 539
Corporation Tax Payable	334 488	416 316	266 883
Cost Sales	586 095	170 844	390 284	632 614
Creditors	4 857 871	1 966 547	3 130 163	4 023 176
Current Tax For Period	334 488	244 204	-88 361
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	13 696	-39 627	-140 292	-108 804
Deferred Tax Liabilities	13 696	-25 931	-166 223	-275 027
Depreciation Expense Property Plant Equipment	58 596	632 992	1 140 003	1 147 101
Finished Goods	29 565	18 927	34 893	42 932
Fixed Assets	24 899 974	26 855 753	22 737 099	19 156 712
Further Item Tax Increase Decrease Component Adjusting Items			-12 431
Further Operating Expense Item Component Total Operating Expenses	36 780	36 971	36 971	36 971
Further Revenue Item Component Total Revenue	1 248 856	2 544 385
Government Grant Income		484 046	178 443	6 000
Gross Profit Loss	7 035 716	4 082 704	3 122 165	5 578 371
Increase Decrease In Current Tax From Adjustment For Prior Periods		9 736
Increase Decrease In Current Tax From Unrecognised Timing Difference From Prior Period		6 216
Increase From Depreciation Charge For Year Property Plant Equipment		632 992	1 140 003	1 147 101
Increase From Impairment Loss Recognised In Other Comprehensive Income Property Plant Equipment				5 707 000
Increase From Impairment Loss Recognised In Profit Or Loss Property Plant Equipment			3 100 000
Interest Expense On Bank Loans Similar Borrowings			306 238	316 956
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	435 787	363 648	319 526	491 615
Interest Payable Similar Charges Finance Costs	723 368	660 381	625 764	808 571
Net Current Assets Liabilities	-451 073	-1 370 596	-2 365 718	-3 359 882
Net Deferred Tax Liability Asset	13 696	-25 931	-125 743	-204 982
Operating Profit Loss	2 555 915	1 279 328	-4 141 068	-3 484 772
Other Creditors	26 531	11 353	59 349	18 183
Other Departments Average Number Employees	88	71	60	79
Other Interest Expense	287 581	296 733	306 238
Other Operating Income Format1		484 046	178 443	6 000
Other Revenue	476 325	2 544 385
Other Taxation Social Security Payable	71 898	15 620	88 003	166 448
Par Value Share		1	1	1
Payments To Related Parties	287 581	296 733	306 238
Pension Costs Defined Contribution Plan	21 218	19 334	14 855	20 367
Pension Other Post-employment Benefit Costs Other Pension Costs	21 218	19 334	14 855	20 367
Prepayments Accrued Income	131 503	28 368	70 484	101 402
Profit Loss	1 484 363	404 634	-4 538 179	-4 184 539
Profit Loss On Ordinary Activities Before Tax	1 832 547	618 947	-4 766 832	-4 293 343
Property Plant Equipment Gross Cost	24 958 570	27 547 341	27 668 690	27 842 404
Provisions	13 696	-25 931	-166 223	-275 027
Provisions For Liabilities Balance Sheet Subtotal	13 696	-25 931	-166 223	-275 027
Revenue From Rendering Services	5 896 630	1 709 163	3 512 449
Social Security Costs	112 858	89 881	88 144	120 473
Staff Costs Employee Benefits Expense	1 918 126	1 504 686	1 735 590	2 509 825
Tax Decrease From Utilisation Tax Losses				-107 643
Tax Expense Credit Applicable Tax Rate	348 184	117 600	-905 698	-815 735
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		80 761	729 370	629 849
Tax Increase Decrease From Other Tax Effects Tax Reconciliation		6 216	-12 431
Tax Tax Credit On Profit Or Loss On Ordinary Activities	348 184	214 313	-228 653	-108 804
Total Assets Less Current Liabilities	24 448 901	25 485 157	20 371 381	15 796 830
Trade Creditors Trade Payables	580 606	927 525	327 189	664 437
Trade Debtors Trade Receivables	165 376	-100 618	20 915	236 308
Turnover Revenue	7 621 811	4 253 548	3 512 449	6 210 985
Wages Salaries	1 784 050	1 395 471	1 632 591	2 368 985

Company staff

Ian N.

Role: Secretary

Appointed: 10 April 2019

Latest update: 19 January 2024

David M.

Role: Director

Appointed: 23 January 2018

Latest update: 19 January 2024

People with significant control

London And Regional Group Property Holdings Ltd

Address: Quadrant House Floor 6, 4 Thomas More Square, London, E1W 1YW, United Kingdom

Legal authority Companies Act 2006

Legal form Limited Company

Country registered England & Wales

Place registered England

Registration number 11393433

Notified on 20 December 2018

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

David M.

Notified on 23 January 2018

Ceased on 28 February 2018

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	05 February 2024
Confirmation statement last made up date	22 January 2023

Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	31/12/2020
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	31/12/2021
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	31/12/2022

Michels Ventures 4 Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Ian N.

David M.

Fm Secretaries Ltd

People with significant control

London And Regional Group Property Holdings Ltd

David M.

Accounts Documents

Company filings

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