Prime Currency Exchange Ltd in Ilford, IG2 7JD

Description

Data updated on: 06-04-2019

Started with Reg No. 03841285 25 years ago, Prime Currency Exchange Ltd had been a private limited company until 2019-02-12 - the time it was dissolved. The company's latest registration address was 962 Eastern Avenue, Ilford. The company was known as Prime Exchange up till 2000-02-18 when the business name was changed.

As for this specific limited company, the majority of director's duties had been fulfilled by Naeem B. and Naeem B.. Within the group of these two managers, Naeem B. had administered the limited company for the longest period of time, having become a vital addition to company's Management Board on 2004-09-06.

Naeem B. was the individual who controlled this firm, owned over 3/4 of company shares and had 3/4 to full of voting rights.

Previous company's names
Prime Currency Exchange Ltd 2000-02-18
Prime Exchange Limited 1999-09-14

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-04-30	2012-04-30	2013-04-30	2014-04-30	2015-07-31	2016-07-31	2017-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	95 795	-17 423	-75 658	-9 324	-3 690	-3 690

Balance Sheet
Cash Bank In Hand	46 886	2 355	4 432	15 751	824	824
Current Assets	446 386	136 428	50 688	15 751		824	824
Debtors	399 500	134 073	46 256
Net Assets Liabilities Including Pension Asset Liability	95 795	-17 423	-75 658
Tangible Fixed Assets	16 683	12 512	9 385	7 038

Capital & Reserves
Called Up Share Capital	50 000	50 000	50 000	50 000	50 000	50 000
Profit Loss Account Reserve	45 795	-67 423	-125 658	-59 324	-53 690	-53 690
Shareholder Funds	95 795	-17 423	-75 658	-9 324	-3 690	-3 690

Other Financial Data
Creditors						4 514	4 514
Creditors Due Within One Year	133 083	73 493	135 731	32 113	4 514	4 514
Net Current Assets Liabilities	313 303	62 935	-85 043	-16 362	-3 690	-3 690	-3 690
Number Shares Allotted		50 000	50 000	50 000	50 000	50 000
Other Taxation Social Security Within One Year					-287	-287
Par Value Share		1	1	1	1	1
Provisions For Liabilities Charges	234 191	92 870
Share Capital Allotted Called Up Paid	50 000	50 000	50 000	50 000	50 000	50 000
Tangible Fixed Assets Cost Or Valuation	66 595	66 595	66 595	66 595
Tangible Fixed Assets Depreciation	49 912	54 083	57 210	59 557
Tangible Fixed Assets Depreciation Charged In Period		4 171	3 127	2 347
Tangible Fixed Assets Depreciation Decrease Increase On Disposals					59 557
Tangible Fixed Assets Disposals					66 595
Total Assets Less Current Liabilities	329 986	75 447	-75 658	-9 324	-3 690	-3 690	-3 690
Trade Creditors Within One Year					1	1