Commercial Finance Network Limited in Lichfield, WS14 9DZ

Description

Data updated on: 01-11-2023

Commercial Finance Network started its operations in 2016 as a Private Limited Company with reg. no. 10315840. This company has been operating for 8 years and the present status is active. This company's head office is based in Lichfield at New Media House. You could also locate the company by its area code : WS14 9DZ. seven years from now the company changed its business name from Premier New Homes to Commercial Finance Network Limited. This business's classified under the NACE and SIC code 64999, that means Financial intermediation not elsewhere classified. The latest accounts describe the period up to January 31, 2023 and the most recent confirmation statement was filed on April 5, 2023.

When it comes to this firm, a number of director's obligations have so far been fulfilled by Daniel Y. and Robert Y.. Out of these two executives, Daniel Y. has administered firm for the longest period of time, having been a member of company's Management Board for 8 years.

Previous company's names
Commercial Finance Network Limited 2017-08-07
Premier New Homes Ltd 2016-08-08

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-01-31	2019-01-31	2020-01-31	2021-01-31	2022-01-31	2023-01-31
Currency

Balance Sheet
Cash Bank On Hand	2 995	2 060	24 671	14 874	168	2 075
Current Assets	3 995	12 055	120 881	126 073	202 125	224 678
Debtors	1 000	9 995	96 210	111 199	201 957	222 603
Net Assets Liabilities	-5 360	7 024	82 474	85 730	162 301	163 082
Other Debtors	1 000	9 725	46 688	91 055	85 239	98 000
Property Plant Equipment		867	3 839	6 165	7 426	6 266

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets	1 791	4 192	7 097	11 916	19 870
Accumulated Depreciation Impairment Property Plant Equipment		289	1 569	3 624	6 099	8 188
Bank Borrowings Overdrafts				31 089	24 121	17 032
Creditors	16 518	13 549	48 943	31 089	24 121	17 032
Disposals Decrease In Amortisation Impairment Intangible Assets						19 870
Disposals Intangible Assets						51 368
Fixed Assets	7 163	8 683	11 265	18 344	27 326	6 266
Future Minimum Lease Payments Under Non-cancellable Operating Leases			16 128		21 500	21 500
Increase From Amortisation Charge For Year Intangible Assets	1 791	2 401	2 905	4 819	7 954
Increase From Depreciation Charge For Year Property Plant Equipment		289	1 280	2 055	2 475	2 089
Intangible Assets	7 163	7 816	7 426	12 179	19 900
Intangible Assets Gross Cost	8 954	12 008	14 523	24 095	39 770
Net Current Assets Liabilities	-12 523	-1 494	71 938	99 646	160 507	175 039
Number Shares Issued Fully Paid		100	100	100	100	100
Other Creditors	13 069	1 700	1 850	1 760	2 036	14 220
Other Taxation Social Security Payable	1 293	10 458	45 199	19 996	30 536	27 540
Par Value Share		1	1	1	1	1
Property Plant Equipment Gross Cost		1 156	5 408	9 789	13 525	14 454
Provisions For Liabilities Balance Sheet Subtotal		165	729	1 171	1 411	1 191
Total Additions Including From Business Combinations Intangible Assets	8 954	3 054	2 515	9 572	15 675	11 598
Total Additions Including From Business Combinations Property Plant Equipment		1 156	4 252	4 381	3 736	929
Total Assets Less Current Liabilities	-5 360	7 189	83 203	117 990	187 833	181 305
Trade Creditors Trade Payables	2 156	1 391	1 894	299	2 078	789
Trade Debtors Trade Receivables		270	49 522	20 144	61 718	54 437

Company staff

Daniel Y.

Role: Director

Appointed: 08 August 2016

Latest update: 19 April 2024

Robert Y.

Role: Director

Appointed: 08 August 2016

Latest update: 19 April 2024

People with significant control

Executives with significant control over the firm are: Robert Y. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Daniel Y. owns 1/2 or less of company shares.

Robert Y.

Notified on 4 April 2022

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Daniel Y.

Notified on 7 August 2017

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	31 October 2024
Account last made up date	31 January 2023
Confirmation statement next due date	19 April 2024
Confirmation statement last made up date	05 April 2023

Annual Accounts
Start Date For Period Covered By Report	08 August 2016
End Date For Period Covered By Report	31 January 2018
Annual Accounts
Start Date For Period Covered By Report	01 February 2018
End Date For Period Covered By Report	31 January 2019
Annual Accounts
Start Date For Period Covered By Report	01 February 2019
End Date For Period Covered By Report	31 January 2020
Annual Accounts
Start Date For Period Covered By Report	01 February 2020
End Date For Period Covered By Report	31 January 2021
Annual Accounts
Start Date For Period Covered By Report	01 February 2021
End Date For Period Covered By Report	31 January 2022
Annual Accounts
Start Date For Period Covered By Report	01 February 2022
End Date For Period Covered By Report	31 January 2023

Commercial Finance Network Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Daniel Y.

Robert Y.

People with significant control

Robert Y.

Daniel Y.

Accounts Documents

Company filings

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