Palace Supermarket Limited in London, E2 0NF

Description

Data updated on: 01-11-2023

The company is registered in London under the following Company Registration No.: 06906972. The firm was set up in the year 2009. The headquarters of the company is located at 4 Stainsbury Street Bethnal Green. The zip code for this place is E2 0NF. This firm's principal business activity number is 47190 and has the NACE code: Other retail sale in non-specialised stores. 2021-07-31 is the last time when the company accounts were reported.

Currently, this particular firm is controlled by 1 managing director: Muhammad U., who was appointed in 2022. For one year Umidjon A., had been functioning as a director for the following firm up to the moment of the resignation 2 years ago. What is more another director, specifically Jamal A. quit in July 2021.

Muhammad U. is the individual who has control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-05-31	2012-05-31	2013-07-31	2014-07-31	2015-07-31	2016-07-31	2017-07-31	2018-07-31	2020-07-31	2021-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	1 692	4 363	363	25 816	33 853

Balance Sheet
Cash Bank On Hand						51 983	25 367	22 407
Current Assets	36 766	50 150	52 609	177 872	39 467	102 846	97 570	99 239	91 276	110 824
Debtors			0	121 519	18 789	36 089	26 629	25 410
Net Assets Liabilities						23 789	1 268	-16 426	143 466	160 816
Other Debtors						17 300	21 840	21 840
Property Plant Equipment						34 308	25 731	17 154
Total Inventories						14 774	45 574	51 422
Cash Bank In Hand	4 006	1 650	1 059	47 169	8 552
Net Assets Liabilities Including Pension Asset Liability	1 692	4 363	363	25 816	33 853
Stocks Inventory	32 760	48 500	51 550	9 184	12 126
Tangible Fixed Assets	45 004	71 783	62 690	51 935	42 885

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	1 592	939	263	25 716	33 753
Shareholder Funds	1 692	4 363	363	25 816	33 853

Other Financial Data
Total Fixed Assets Cost Or Valuation			97 735	97 735	97 735
Total Fixed Assets Depreciation			35 045	45 800	54 850
Total Fixed Assets Depreciation Charge In Period				10 755	9 050
Accumulated Depreciation Impairment Property Plant Equipment						63 427	72 004	80 581
Creditors						113 365	122 033	132 819	252 786	289 530
Increase From Depreciation Charge For Year Property Plant Equipment							8 577	8 577
Net Current Assets Liabilities	-43 312	-62 535	-59 431	-26 119	-9 032	-10 519	-24 463	-33 580	161 510	178 706
Other Creditors							5 243	118 000
Property Plant Equipment Gross Cost						97 735	97 735	97 735
Taxation Social Security Payable						14 112	-1 815	5 829
Trade Creditors Trade Payables						99 253	118 605	8 990
Trade Debtors Trade Receivables						18 789	4 789	3 570
Creditors Due After One Year Total Noncurrent Liabilities			2 896	0
Creditors Due Within One Year Total Current Liabilities			112 040	203 991	48 499
Fixed Assets	45 004	42 159	62 690	51 935	42 885				18 044	17 890
Tangible Fixed Assets Cost Or Valuation	53 260	97 735	97 735	97 735	97 735
Tangible Fixed Assets Depreciation	8 256	25 952	35 045	45 800	54 850
Tangible Fixed Assets Depreciation Charge For Period				10 755	9 050
Total Assets Less Current Liabilities	1 692	9 248	3 259	25 816	33 853				143 466	160 816
Average Number Employees During Period									3	2
Creditors Due After One Year		8 209	2 896
Creditors Due Within One Year	80 078	74 711	112 040
Tangible Fixed Assets Depreciation Charged In Period		2 845	9 093