Plain English Finance Ltd. in Southampton, SO17 1XS

Description

Data updated on: 01-11-2023

Based in Stag Gates House, Southampton SO17 1XS Plain English Finance Ltd. is a Private Limited Company issued a 07503422 Companies House Reg No. It's been founded 13 years ago. The enterprise's principal business activity number is 66190, that means Activities auxiliary to financial intermediation n.e.c.. December 31, 2022 is the last time account status updates were reported.

Our data describing this enterprise's management shows the existence of five directors: Roderick C., Alan B., Dimitri G. and 2 other directors have been described below who were appointed to their positions on 8th November 2017, 25th April 2017 and 21st February 2017.

Andrew C. is the individual with significant control over this firm, owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-01-31	2013-01-31	2014-01-31	2015-01-31	2016-01-31	2017-01-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-42 208	-75 185	-95 538	-59 610	-50 903

Balance Sheet
Cash Bank On Hand					20 882	163 552	220 526	160 479	119 007	263 116
Current Assets	734	1 633	2 323	39 558	28 163	171 353	332 558	274 577	245 875	428 935
Debtors		738	300	400	7 281	7 801	112 032	114 098	126 868	165 819
Other Debtors					7 281	6 501	75 100	75 512	99 978	130 475
Property Plant Equipment					666		161	849	91	2 006
Cash Bank In Hand	734	895	1 007	39 158	20 882
Net Assets Liabilities					-50 903	85 561
Net Assets Liabilities Including Pension Asset Liability	-42 208	1 633	-95 523	-59 610	-50 903
Tangible Fixed Assets	781			1 519	666

Capital & Reserves
Called Up Share Capital	100	76 918	100	231	125
Profit Loss Account Reserve	-42 308	-32 977	-95 623	-129 710	-206 003
Shareholder Funds	-42 208	-75 185	-95 538	-59 610	-50 903

Other Financial Data
Audit Fees Expenses							5 300	5 450	5 650
Accrued Liabilities Deferred Income							58 789	19 847	25 712
Accumulated Depreciation Impairment Property Plant Equipment					3 704	4 370	6 529	7 540	8 481	10 577
Additions Other Than Through Business Combinations Property Plant Equipment								1 699	183
Administrative Expenses							101 992	89 238	153 652
Average Number Employees During Period							6	6	7	6
Cash Cash Equivalents Cash Flow Value							220 526	160 479	119 007
Corporation Tax Payable										10 969
Corporation Tax Recoverable							24 375	24 375	24 375	35 344
Cost Sales							26 320	24 736	27 487
Creditors					77 819	85 792	144 970	100 683	119 832	60 868
Depreciation Expense Property Plant Equipment							691	1 011	941
Depreciation Impairment Expense Property Plant Equipment							691	1 011	941
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables							-30 921	44 287	-19 149
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables							-1 889	2 066	12 770
Gross Profit Loss							102 352	76 232	105 043
Increase From Depreciation Charge For Year Property Plant Equipment						666		1 011	941	2 096
Issue Equity Instruments										544 306
Net Cash Generated From Operations							-33 861	58 348	41 289
Net Current Assets Liabilities	-42 989	1 633	1 823	39 058	26 250	85 561	187 588	173 894	126 043	368 067
Other Creditors					77 819	85 792	81 073	80 386	116 298	29 145
Other Taxation Social Security Payable							5 108		1 644	2 556
Pension Other Post-employment Benefit Costs Other Pension Costs							1 800	1 800	1 800
Prepayments Accrued Income							12 557	14 211	24 878
Profit Loss						-62 352	360	-13 006	-48 609	-300 367
Profit Loss On Ordinary Activities Before Tax							360	-13 006	-48 609
Property Plant Equipment Gross Cost					4 370		6 690	8 389	8 572	12 583
Purchase Property Plant Equipment							-323	-1 699	-183
Social Security Costs							844	872	-213
Staff Costs Employee Benefits Expense							20 644	20 672	45 983
Tax Expense Credit Applicable Tax Rate							68	-2 471	-9 236
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss									808
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward							-68	2 471	8 428
Total Additions Including From Business Combinations Property Plant Equipment										4 011
Total Assets Less Current Liabilities	-42 208	1 633	1 307	40 577	26 916	85 561	187 749	174 743	126 134	370 073
Trade Creditors Trade Payables								450	1 890	18 198
Trade Debtors Trade Receivables						1 300			2 515
Turnover Revenue							128 672	100 968	132 530
Wages Salaries							18 000	18 000	44 396
Amount Specific Advance Or Credit Directors			96 345	100 187	77 819	83 142
Amount Specific Advance Or Credit Made In Period Directors					31 665	2 149
Amount Specific Advance Or Credit Repaid In Period Directors					9 297	7 472
Creditors Due After One Year		76 818	97 346	100 187	77 819
Creditors Due Within One Year	43 723		500	500	1 913
Nominal Value Shares Issued Specific Share Issue						0
Number Shares Allotted		10 000	10 000		125 000
Number Shares Issued Fully Paid						137 426
Number Shares Issued Specific Share Issue						12 426
Par Value Share		0	0		0	0
Share Capital Allotted Called Up Paid		100	100	113	125
Share Premium Account				69 869	154 975
Tangible Fixed Assets Additions					1 332
Tangible Fixed Assets Cost Or Valuation	1 562	1 562		3 038	4 370
Tangible Fixed Assets Depreciation	781	1 562		1 519	3 704
Tangible Fixed Assets Depreciation Charged In Period		781			2 185
Advances Credits Directors			97 346	100 187	77 819
Advances Credits Made In Period Directors				25 679
Advances Credits Repaid In Period Directors				28 520
Other Creditors After One Year		76 818	96 345
Prepayments Accrued Income Current Asset		738	300
Provisions For Liabilities Charges			500
Fixed Assets	781			1 519
Other Aggregate Reserves		-42 308