Rare Art (london) Limited in London, W1S 4LL

Description

Data updated on: 01-11-2023

Rare Art (london) started its operations in the year 1984 as a Private Limited Company under the ID 01872305. This particular company has been active for fourty years and it's currently active. This firm's registered office is located in London at 12 Dover Street. Anyone can also locate the company utilizing its zip code, W1S 4LL. This firm's classified under the NACE and SIC code 47791 meaning Retail sale of antiques including antique books in stores. Rare Art (london) Ltd released its latest accounts for the period up to 31st January 2023. The firm's most recent annual confirmation statement was filed on 21st June 2023.

We have a number of three directors supervising this specific limited company at present, including Amanda S., Lewis S. and Michael K. who have been executing the directors tasks for 7 years.

Lewis S. is the individual with significant control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	1 168 831	400 485	716 311
Current Assets	10 150 298	10 001 804	10 995 492
Debtors	855 028	364 369	881 936
Property Plant Equipment	63 130	607 750	540 096
Total Inventories	8 126 439	9 236 950

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	576 675	57 757	125 411
Administrative Expenses	1 801 497	1 168 290	1 755 208
Average Number Employees During Period	11	11	12
Creditors	3 073 867	3 180 952	3 872 890
Current Tax For Period	53 900	192 919	215 132
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	8 471	1 554
Fixed Assets	63 132	607 752	540 098
Further Item Tax Increase Decrease Component Adjusting Items	-5 411	1 554	-111
Future Minimum Lease Payments Under Non-cancellable Operating Leases	2 500 000	2 377 215
Gross Profit Loss	2 115 285	2 345 564
Increase From Depreciation Charge For Year Property Plant Equipment		47 004	67 654
Interest Payable Similar Charges Finance Costs	26 914	8 839	18 734
Investments Fixed Assets	2	2	2
Investments In Group Undertakings Participating Interests	2	2	2
Net Current Assets Liabilities	7 076 431	6 820 852	7 122 602
Operating Profit Loss	313 788	1 177 274
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		565 922
Other Disposals Property Plant Equipment		595 305
Other Interest Receivable Similar Income Finance Income	6 897	79	216
Profit Loss	231 400	974 041	834 096
Profit Loss On Ordinary Activities Before Tax	293 771	1 168 514	1 049 228
Property Plant Equipment Gross Cost	639 805	665 507
Tax Decrease Increase From Effect Revenue Exempt From Taxation	428
Tax Expense Credit Applicable Tax Rate	55 816	222 018	199 353
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	3 923	41 858	26 038
Tax Tax Credit On Profit Or Loss On Ordinary Activities	62 371	194 473	215 132
Total Additions Including From Business Combinations Property Plant Equipment		621 007
Total Assets Less Current Liabilities	7 139 563	7 428 604	7 662 700