Quanton Commodities Ltd in London, W1S 2SA

Description

Data updated on: 01-11-2023

Quanton Commodities began its business in 2020 as a Private Limited Company with reg. no. 12784950. This company has been active for four years and it's currently active. This company's registered office is based in London at 3rd Floor. Anyone can also locate the firm using the post code of W1S 2SA. The company's classified under the NACE and SIC code 46900 meaning Non-specialised wholesale trade. Its latest filed accounts documents describe the period up to 2022-12-31 and the latest annual confirmation statement was filed on 2023-05-10.

Concerning this business, the full extent of director's tasks have so far been fulfilled by Aerass T. who was appointed on Tue, 9th Apr 2024. The business had been governed by Adebola A. up until 2022. Additionally another director, including Benjamin M. resigned in 2024.

Valerio A. 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	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	1 884 432	3 568 148
Current Assets	7 951 127	240 131 167
Debtors	6 066 695	236 563 019
Net Assets Liabilities	5 043 171	4 333 444
Other Debtors	109 554	1 077 075
Property Plant Equipment	4 845	63 851

Other Financial Data
Director Remuneration	310 500	254 083
Amount Specific Advance Or Credit Directors		240 198
Amount Specific Advance Or Credit Made In Period Directors		240 198
Accrued Liabilities	86 850
Accumulated Depreciation Impairment Property Plant Equipment	1 029	9 333
Amounts Owed By Group Undertakings	1 186	1 199
Applicable Tax Rate	19
Average Number Employees During Period	4	9
Bank Borrowings Overdrafts	161	40 587
Bank Overdrafts	161	40 587
Called Up Share Capital Not Paid	4 798 953	4 798 953
Comprehensive Income Expense	43 171	-709 727
Corporation Tax Payable	10 902	81 067
Creditors	2 410 968	235 030 218
Current Tax For Period	10 902
Depreciation Expense Property Plant Equipment	1 029	8 304
Fixed Assets	21 936	80 942
Further Operating Expense Item Component Total Operating Expenses	12 000	25 000
Future Minimum Lease Payments Under Non-cancellable Operating Leases	192 000	85 677
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	23 960	5 395 637
Increase From Depreciation Charge For Year Property Plant Equipment	1 029	8 304
Interest Expense On Bank Overdrafts	3 745	1 863
Investments Fixed Assets	17 091	17 091
Investments In Group Undertakings	17 091	17 091
Issue Equity Instruments	5 000 000
Net Assets Liabilities Subsidiaries	-14 426	-10 597
Net Current Assets Liabilities	5 540 159	5 100 949
Number Shares Issued But Not Fully Paid	5 000 000	5 000 000
Number Shares Issued Specific Share Issue	5 000 000
Other Creditors	10 914	3 454 752
Other Taxation Social Security Payable	25 780	144 588
Pension Other Post-employment Benefit Costs Other Pension Costs	5 682	9 554
Percentage Class Share Held In Subsidiary	100	100
Prepayments Accrued Income	221 104	121 934 399
Profit Loss	43 171	-709 727
Profit Loss On Ordinary Activities Before Tax	54 073	-707 325
Profit Loss Subsidiaries	-2 387	-4 424
Property Plant Equipment Gross Cost	5 874	73 184
Provisions For Liabilities Balance Sheet Subtotal	518 924	848 447
Recoverable Value-added Tax	23 136	22 669
Social Security Costs	51 097	77 628
Staff Costs Employee Benefits Expense	568 516	777 016
Tax Expense Credit Applicable Tax Rate	9 365
Tax Increase Decrease From Effect Capital Allowances Depreciation	1 116
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	2 653
Tax Tax Credit On Profit Or Loss On Ordinary Activities	10 902	2 402
Total Additions Including From Business Combinations Property Plant Equipment	5 874	67 310
Total Assets Less Current Liabilities	5 562 095	5 181 891
Total Operating Lease Payments	120 956	217 087
Trade Creditors Trade Payables	2 276 361	121 530 594
Trade Debtors Trade Receivables	912 762	108 728 724
Turnover Revenue	69 931 740	143 957 096
Wages Salaries	511 737	689 834
Accrued Liabilities Deferred Income		109 778 630
Administrative Expenses	1 992 250	-149 887
Cash Cash Equivalents Cash Flow Value	1 884 271	3 527 561
Cost Sales	67 882 848	144 845 496
Depreciation Amortisation Expense	1 029	8 303
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	2 399 905	232 508 659
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-1 266 556	-230 496 311
Gross Profit Loss	2 048 892	-888 400
Income Taxes Paid Refund Classified As Operating Activities		67 763
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	1 884 271	1 643 290
Interest Expense		26 528
Interest Paid Classified As Operating Activities	-3 745	-28 391
Interest Payable Similar Charges Finance Costs	3 745	28 391
Net Cash Flows From Used In Financing Activities	-201 047	-329 511
Net Cash Flows From Used In Investing Activities	22 965	67 310
Net Cash Flows From Used In Operating Activities	-1 706 189	-1 381 089
Net Cash Generated From Operations	-1 709 934	-1 341 717
Operating Profit Loss	57 818	-678 934
Other Operating Income Format1	1 176	59 579
Par Value Share		1
Proceeds From Issuing Shares	-201 047
Purchase Property Plant Equipment	-5 874	-67 310

Company staff

Aerass T.

Role: Director

Appointed: 09 April 2024

Latest update: 29 April 2024

Adebola A.

Role: Director

Appointed: 01 July 2021

Resigned: 01 January 2022

Latest update: 29 April 2024

Benjamin M.

Role: Director

Appointed: 01 July 2021

Resigned: 25 April 2024

Latest update: 29 April 2024

Bahjat S.

Role: Director

Appointed: 12 March 2021

Resigned: 07 January 2022

Latest update: 29 April 2024

Valerio A.

Role: Director

Appointed: 03 August 2020

Resigned: 10 April 2024

Latest update: 29 April 2024

Piergiorgio Z.

Role: Director

Appointed: 03 August 2020

Resigned: 22 September 2020

Latest update: 29 April 2024

Alfredo C.

Role: Director

Appointed: 01 August 2020

Resigned: 17 November 2020

Latest update: 29 April 2024

People with significant control

Valerio A.

Notified on 1 August 2020

Nature of control:

over 3/4 of shares

Alfredo C.

Notified on 1 August 2020

Ceased on 11 November 2020

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	24 May 2024
Confirmation statement last made up date	10 May 2023

Annual Accounts
Start Date For Period Covered By Report	01 August 2020
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	01 January 2022
End Date For Period Covered By Report	31 December 2022

Quanton Commodities Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Aerass T.

Adebola A.

Benjamin M.

Bahjat S.

Valerio A.

Piergiorgio Z.

Alfredo C.

People with significant control

Valerio A.

Alfredo C.

Accounts Documents

Company filings

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