Molo Tech Ltd in London, SW1V 1PX

Description

Data updated on: 01-11-2023

2016 marks the beginning of Molo Tech Ltd, the company registered at 84 Eccleston Square, , London. That would make eight years Molo Tech has prospered in this business, as it was registered on 2016-12-05. The company's Companies House Registration Number is 10510180 and the post code is SW1V 1PX. The firm's classified under the NACE and SIC code 64999 which means Financial intermediation not elsewhere classified. Molo Tech Limited released its account information for the financial year up to Saturday 31st December 2022. The most recent confirmation statement was submitted on Wednesday 28th December 2022.

In order to be able to match the demands of the clients, this particular firm is continually being supervised by a group of four directors who are, amongst the rest, Lynda B., Ilias P. and Andrew C.. Their joint efforts have been of utmost use to this firm since 2023.

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	520 694	391 591
Current Assets	1 363 555	4 042 360
Debtors	842 861	3 650 769
Net Assets Liabilities	341 761	-6 397 493
Other Debtors	69 351	26 517 599
Property Plant Equipment	19 333	8 087

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	63 545	73 723
Administrative Expenses	8 486 822	7 976 029
Amounts Owed To Group Undertakings	5 133	1
Average Number Employees During Period	45	47
Bank Borrowings	23 000	19 127
Bank Borrowings Overdrafts	23 000	19 127
Cash Cash Equivalents	572 748	609 503
Comprehensive Income Expense	-6 773 645	-5 820 807
Convertible Bonds In Issue		6 787 993
Corporation Tax Payable	118 176
Corporation Tax Recoverable	518 176	366 664
Current Tax For Period	-381 226	33 555
Fixed Assets	19 337	8 091
Further Item Tax Increase Decrease Component Adjusting Items	18 774	200 000
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-4 261	3 104
Gain Loss From Fair Value Cash Flow Hedges Before Tax Recognised In Other Comprehensive Income		1 939 346
Increase From Depreciation Charge For Year Property Plant Equipment		11 246
Interest Expense On Convertible Borrowings	269 699
Interest Income From Group Undertakings Participating Interests	763
Interest Paid Classified As Operating Activities	-504
Interest Payable Similar Charges Finance Costs	270 203	963 935
Interest Received Classified As Investing Activities	-28 050
Investments Fixed Assets	4	4
Issue Equity Instruments	8 797 561	231 465
Net Finance Income Costs	28 050
Other Creditors	751 564
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		1 068
Other Disposals Property Plant Equipment		1 068
Other Interest Receivable Similar Income Finance Income	28 050	739 458
Other Taxation Social Security Payable	106 949	94 362
Pension Other Post-employment Benefit Costs Other Pension Costs	140 628	174 018
Percentage Class Share Held In Subsidiary		100
Prepayments Accrued Income	529 616	658 042
Profit Loss		-7 760 153
Property Plant Equipment Gross Cost	82 878	81 810
Staff Costs Employee Benefits Expense	4 308 422	3 826 511
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-381 226	33 555
Total Borrowings	23 000	19 127
Trade Creditors Trade Payables	215 092	602 080
Trade Debtors Trade Receivables	368 694	60 207
Wages Salaries	3 785 098	3 266 285