Networld Furniture Limited in London, N12 0DR

Description

Data updated on: 01-11-2023

Networld Furniture is a business registered at N12 0DR London at Grove House. The company was set up in 2017 and is registered under the registration number 10793005. The company has been on the UK market for 7 years now and its official state is active. The registered name transformation from Netfurn to Networld Furniture Limited occurred on Wed, 31st May 2017. The company's registered with SIC code 47599 and their NACE code stands for Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store. Tuesday 31st May 2022 is the last time account status updates were filed.

We have a group of two directors overseeing this specific company at the moment, including Barry C. and Michael K. who have been doing the directors tasks for 7 years.

Executives who have control over the firm are as follows: Michael K. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Barry C. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Previous company's names
Networld Furniture Limited 2017-05-31
Netfurn Ltd 2017-05-30

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency

Balance Sheet
Cash Bank On Hand	24 840	13 209	41 950	40 613	20 917	33 203
Current Assets	37 808	43 555	69 157	65 835	50 805	51 657
Debtors	3 247	2 365	700	40	2 388	3 454
Net Assets Liabilities			46 448	35 160	46 518	44 814
Property Plant Equipment				11 862	20 658	16 463
Total Inventories	9 721	27 981	26 507	25 182	27 500	15 000
Other Debtors		116

Other Financial Data
Description Principal Activities					47 599	47 599
Accrued Liabilities Deferred Income				17 243	2 100	2 210
Accumulated Depreciation Impairment Property Plant Equipment				2 966	5 269	9 464
Average Number Employees During Period	2	2	2	2	2	2
Creditors	13 003	21 053	22 709	40 227	21 372	20 178
Depreciation Rate Used For Property Plant Equipment					20
Disposals Decrease In Depreciation Impairment Property Plant Equipment					2 966
Disposals Property Plant Equipment					14 828
Dividends Paid				2 000	2 000
Finished Goods Goods For Resale				25 182	27 500	15 000
Fixed Assets				11 863	20 658	16 463
Increase From Depreciation Charge For Year Property Plant Equipment				2 966	5 270	4 195
Net Current Assets Liabilities	24 805	22 502	46 448	25 608	29 433	31 479
Net Deferred Tax Liability Asset				2 310	3 573	3 128
Other Creditors	2 578	3 494	2 752	2 733	4 733	4 984
Property Plant Equipment Gross Cost				14 828	25 927	25 927
Provisions For Liabilities Balance Sheet Subtotal				2 310	3 573	3 128
Taxation Social Security Payable				8 349	2 539	984
Total Additions Including From Business Combinations Property Plant Equipment				14 828	25 927
Total Assets Less Current Liabilities	24 805	22 502	46 448	37 470	50 091	47 942
Trade Creditors Trade Payables		12 000	12 000	12 000	12 000	12 000
Trade Debtors Trade Receivables	3 247	2 249	700	40	2 388
Number Shares Issued Fully Paid	100
Other Taxation Social Security Payable	10 425	5 559	7 957
Par Value Share	1

Company staff

Barry C.

Role: Director

Appointed: 30 May 2017

Latest update: 27 February 2024

Michael K.

Role: Director

Appointed: 30 May 2017

Latest update: 27 February 2024

People with significant control

Michael K.

Notified on 30 May 2017

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Barry C.

Notified on 30 May 2017

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Accounts Documents

Account next due date	29 February 2024
Account last made up date	31 May 2022
Confirmation statement next due date	11 May 2024
Confirmation statement last made up date	27 April 2023

Annual Accounts
Start Date For Period Covered By Report	30 May 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 2020
End Date For Period Covered By Report	31 May 2021
Annual Accounts
Start Date For Period Covered By Report	01 June 2020
End Date For Period Covered By Report	31 May 2021

Networld Furniture Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Barry C.

Michael K.

People with significant control

Michael K.

Barry C.

Accounts Documents

Company filings

Filing category

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