Snap Finance Uk (group) Limited in Milton Keynes, MK8 0AB

Description

Data updated on: 01-11-2023

Snap Finance Uk (group) is a firm located at MK8 0AB Milton Keynes at 1 Vincent Avenue. The firm was set up in 2017 and is established under reg. no. 10790251. The firm has been active on the English market for seven years now and the last known status is active. Its registered name switch from Project Phoenix (uk Holdco 2) to Snap Finance Uk (group) Limited came on 2017-10-06. The firm's Standard Industrial Classification Code is 64205 : Activities of financial services holding companies. Its most recent accounts cover the period up to Fri, 31st Dec 2021 and the most recent annual confirmation statement was filed on Thu, 7th Sep 2023.

In order to be able to match the demands of the clients, this limited company is continually improved by a body of three directors who are Andrew S., Mark B. and Matthew H.. Their joint efforts have been of critical importance to the following limited company since 2017.

Previous company's names
Snap Finance Uk (group) Limited 2017-10-06
Project Phoenix (uk Holdco 2) Limited 2017-05-25

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Debtors		100	100	100	100	100
Net Assets Liabilities	-448 596	-4 096 066
Other Debtors		100	100	100	100	100
Property Plant Equipment	40 955

Other Financial Data
Accrued Liabilities Deferred Income				369 170	634 661	819 045
Accumulated Amortisation Impairment Intangible Assets		70 283		216 769	405 217	628 334
Accumulated Depreciation Impairment Property Plant Equipment	8 192	49 147		1 965	10 203	32 648
Additions Other Than Through Business Combinations Intangible Assets					207 489	272 384
Additions Other Than Through Business Combinations Property Plant Equipment					73 459	30 744
Administration Support Average Number Employees					57	70
Administrative Expenses				5 730 458	6 714 160	10 113 283
Amortisation Expense Intangible Assets					203 243	237 912
Amounts Owed To Group Undertakings		6 374 440	17 241 441	22 800 315	4 355 571	10 495 126
Average Number Employees During Period		3	3	3	3	3
Cash Cash Equivalents			478 254	1 021 523	1 257 634	1 164 929
Cost Sales				7 539 379	7 292 881	5 596 464
Creditors	4 685	23 499	17 661 279	23 228 473	4 355 571	10 495 126
Deferred Income				982 694	1 416 049	1 387 565
Depreciation Expense Property Plant Equipment					70 217	77 200
Fixed Assets	695 026	2 558 707
Further Item Payment To Acquire Or Redeem Own Shares Component Total Payments To Acquire Or Redeem Own Shares						-1
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss					584 257	-784 014
Government Grant Income				340 326	231 991
Gross Profit Loss				4 253 842	5 439 847
Increase From Amortisation Charge For Year Intangible Assets		70 283			188 448	223 117
Increase From Depreciation Charge For Year Property Plant Equipment	8 192	40 955			10 203	22 445
Increase In Provisions Recognised In Profit Or Loss					864 536	572 648
Intangible Assets	654 071	2 558 707		414 393	433 434	482 701
Intangible Assets Gross Cost	654 071	2 628 990		631 162	838 651	1 111 035
Interest Paid Classified As Operating Activities				-942 932	-933 892	-195 662
Interest Paid To Group Undertakings				923 462	915 685	195 662
Interest Payable Similar Charges Finance Costs				942 932	933 892	195 662
Investments		6 151 615	17 035 518	22 697 542	26 875 012	29 391 834
Investments Fixed Assets		6 151 615	17 035 518	22 697 542	26 875 012	29 391 834
Investments In Group Undertakings Participating Interests		71 000	71 000
Investments In Subsidiaries				71 000	71 000	20 413 203
Issue Equity Instruments					22 420 003
Loans To Group Undertakings Participating Interests		6 080 615	16 964 518
Loans To Subsidiaries				22 626 542	26 804 012	8 978 631
Minimum Operating Lease Payments Recognised As Expense					95 519	49 175
Net Cash Generated From Operations				-1 789 375	20 878 357	-406 086
Net Current Assets Liabilities	-4 685	-23 499
Operating Profit Loss				-1 136 290	-1 042 322
Other Creditors		415 399	419 838	428 158	61 628	13 488
Other Departments Average Number Employees					14	13
Other Interest Expense					18 207
Other Operating Income Format1					231 991
Other Provisions Balance Sheet Subtotal					864 536	730 454
Payments To Acquire Own Shares						-1
Pension Other Post-employment Benefit Costs Other Pension Costs				41 333	64 432	74 115
Percentage Class Share Held In Subsidiary					100	100
Prepayments Accrued Income				151 476	166 973	173 341
Profit Loss		-557 062	12 463	94 830	630 369	-3 622 732
Profit Loss On Ordinary Activities Before Tax				-2 079 222	-1 976 214	-2 667 689
Property Plant Equipment Gross Cost	49 147	49 147		2 171	73 459	73 459
Research Development Expense Recognised In Profit Or Loss					357 586	557 616
Selling Average Number Employees					18	21
Social Security Costs				344 553	377 897
Social Security Payable					13 429	30 631
Staff Costs Employee Benefits Expense				3 479 124	3 940 550	5 051 081
Tax Decrease From Utilisation Tax Losses				18 018
Tax Increase Decrease From Effect Capital Allowances Depreciation				3 554	-8 076	2 769
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				2 265	91	9 730
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward				407 251	383 466	494 362
Total Additions Including From Business Combinations Intangible Assets	654 071	1 974 919
Total Additions Including From Business Combinations Property Plant Equipment	49 147
Total Assets Less Current Liabilities	690 341	2 535 208
Trade Debtors Trade Receivables				10 862 545	3 990 685	6 538 228
Turnover Revenue				11 793 221	12 732 728
Wages Salaries				3 093 238	3 498 221	4 451 294
Salaries Directors					240 000	298 050

Company staff

Andrew S.

Role: Director

Appointed: 14 September 2017

Latest update: 14 February 2024

Mark B.

Role: Director

Appointed: 14 September 2017

Latest update: 14 February 2024

Matthew H.

Role: Director

Appointed: 25 May 2017

Latest update: 14 February 2024

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 December 2021
Confirmation statement next due date	21 September 2024
Confirmation statement last made up date	07 September 2023

Annual Accounts
Start Date For Period Covered By Report	2017-05-25
End Date For Period Covered By Report	2017-12-31
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	2018-12-31
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	2021-12-31
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Snap Finance Uk (group) Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Andrew S.

Mark B.

Matthew H.

Ryan S.

Accounts Documents

Company filings

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