Philippines Remittances Limited in London, SW5 0QT

Description

Data updated on: 01-11-2023

1989 marks the establishment of Philippines Remittances Limited, the company which is located at 13 Hogarth Place, Earls Court, London. This means it's been thirty five years Philippines Remittances has existed on the market, as it was started on 31st March 1989. The company's Companies House Reg No. is 02367417 and the company zip code is SW5 0QT. The enterprise's Standard Industrial Classification Code is 64999 which means Financial intermediation not elsewhere classified. Philippines Remittances Ltd reported its latest accounts for the period that ended on Friday 31st March 2023. Its most recent annual confirmation statement was released on Wednesday 29th March 2023.

Mary T. is this firm's individual managing director, that was chosen to lead the company in 1991 in May. Since May 1991 Florencio R., had fulfilled assigned duties for the limited company till the resignation on 21st March 2016.

Mary T. is the individual with significant control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31	2024-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	183 942	193 574	203 144	206 870	210 383	212 577

Balance Sheet
Cash Bank On Hand						36 054	12 233	23 868	22 455	20 344	25 386	18 670	13 560	15 660
Current Assets	351 411	342 554	336 753	328 538	295 385	336 309	220 879	218 879	215 910	221 428	228 011	233 565	220 383	223 230
Debtors	222 356	212 792	193 658	205 333	216 373	300 255	208 646	195 011	193 455	201 084	202 625	214 895	206 823	207 570
Net Assets Liabilities						212 577	213 229	214 319	215 499	216 905	223 691	228 105	217 383	220 230
Cash Bank In Hand	129 055	132 221	143 095	123 205	79 012	36 054
Net Assets Liabilities Including Pension Asset Liability	183 942	196 033	203 144	206 870	210 383	212 577
Tangible Fixed Assets	986	516	46

Capital & Reserves
Called Up Share Capital	2	2	2	2	2	2
Profit Loss Account Reserve	183 940	196 031	203 142	206 868	210 381	212 575
Shareholder Funds	183 942	193 574	203 144	206 870	210 383	212 577

Other Financial Data
Administrative Expenses						106 802	112 352	107 970	112 741	109 205	106 998	103 545	98 092	78 852
Average Number Employees During Period									3	3	3	3	3	3
Cost Sales						60 566	45 622	47 235	48 688	34 759	29 919
Creditors						123 732	7 650	4 560	411	4 523	4 320	5 460	3 000	3 000
Gross Profit Loss						109 545	113 167	109 333	114 216	110 941	91 806	100 544	87 370	82 367
Net Current Assets Liabilities	182 956	342 554	203 098	206 870	210 383	212 577	213 229	214 319	215 499	216 905	223 691	228 105	217 383	220 230
Operating Profit Loss						2 743	815	1 363	1 475	1 736	8 377	5 448	-10 722	3 515
Prepayments Accrued Income									112 034	100 020	135 000
Profit Loss						2 194	652	1 090	1 180	1 406	6 786	4 413	-10 722	2 847
Profit Loss On Ordinary Activities Before Tax						2 743	815	1 363	1 475	1 736	8 377	5 448	-10 722	3 515
Taxation Social Security Payable									411	4 523	1 592
Tax Tax Credit On Profit Or Loss On Ordinary Activities						549	163	273	295	330	1 591	1 035		668
Total Assets Less Current Liabilities	183 942	196 033	203 144	206 870	210 383	212 577	213 229	214 319	215 499	216 905	223 691	228 105	217 383	220 230
Trade Creditors Trade Payables						123 732	7 650	4 560	411		2 728
Trade Debtors Trade Receivables						300 255	208 646	195 011	81 421	101 064	67 625
Turnover Revenue						170 111	158 789	156 568	162 904	145 700	121 725
Creditors Due After One Year		149 496	133 655
Creditors Due Within One Year	168 455	149 496	133 655	121 668	85 002	123 732
Fixed Assets	986	516	46
Number Shares Allotted	2	2	2	2	2	2
Par Value Share	1	1	1	1	1	1
Profit Loss For Period	12 231	12 091
Share Capital Allotted Called Up Paid	2	2	2	2	2	2
Tangible Fixed Assets Cost Or Valuation	25 963	25 963	25 963
Tangible Fixed Assets Depreciation	24 977	25 447	25 917
Tangible Fixed Assets Depreciation Charged In Period		470	470