Merchant Technology Limited in London, W1W 7LT

Description

Data updated on: 01-11-2023

This company is based in London registered with number: 06205886. This firm was established in the year 2007. The office of the company is located at The London Office First Floor 85 Great Portland Street. The post code for this place is W1W 7LT. It 's been one years that This company's name is Merchant Technology Limited, but up till 2023 the business name was Simplypayme and up to that point, until June 2, 2021 the business was known as Smarttrade App. It means this company used six different names. The firm's SIC code is 82990 and their NACE code stands for Other business support service activities not elsewhere classified. The firm's most recent annual accounts describe the period up to 2022-04-30 and the most current annual confirmation statement was filed on 2023-04-10.

In order to satisfy the clientele, the following business is being led by a unit of two directors who are Dominic B. and Jane T.. Their joint efforts have been of great use to the following business since February 15, 2023.

Previous company's names
Merchant Technology Limited 2023-09-07
Simplypayme Ltd 2021-06-02
Smarttrade App Ltd 2013-10-22
Phoneatradesman Ltd 2013-02-12
Business.diary.com Ltd 2012-06-27
Diary.com Ip Limited 2007-04-10

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-04-30	2012-04-30	2013-04-29	2013-04-30	2014-04-29	2014-04-30	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2021-04-30	2022-04-30	2023-04-29
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	1	1					40 222	-31 347

Balance Sheet
Cash Bank On Hand								2 765	11 832	5 453	6 021	30 060	333 688	1 510 408	399 997
Current Assets		1	54 761	54 761	8 102	8 102	40 880	58 228	53 570	18 876	6 021	48 705	362 785	1 578 066	442 956
Debtors			6 873	6 873	5 996	5 996	29 345	55 056	41 738	13 423		18 645	29 097	67 658	42 959
Net Assets Liabilities									-51 222	-95 728	-180 567	-256 891	207 343	1 324 936	296 889
Other Debtors								37 382	34 332	5 570		17 685	29 097	67 658
Property Plant Equipment								524	153	41	498	928	3 472	3 040	1 765
Cash Bank In Hand	1	1	47 888	47 888	2 106	2 106	11 535	2 765
Intangible Fixed Assets			1 425	1 425	1 275	1 275	1 125	975
Tangible Fixed Assets			17	17	653	653	818	524
Net Assets Liabilities Including Pension Asset Liability	1	1	21 798	21 798	-33 136	-33 136	40 222

Capital & Reserves
Called Up Share Capital		1	1	1	2	2	2	2
Profit Loss Account Reserve			-48 703	-48 703	-295 437	-295 437	-540 248	-790 759
Shareholder Funds	1	1					40 222	-31 347

Other Financial Data
Accrued Liabilities														109 924	134 865
Accumulated Amortisation Impairment Intangible Assets								525	675	825	975	1 125	3 441	6 479	9 442
Accumulated Depreciation Impairment Property Plant Equipment								1 009	1 380	1 492	1 784	2 375	1 615	3 426	5 050
Additions Other Than Through Business Combinations Property Plant Equipment													3 317	1 379	349
Average Number Employees During Period								5	4	3	4	6	5	10	5
Creditors								90 424	105 770	86 015	107 033	26 181	168 523	262 741	151 440
Dividends Paid On Shares										675	525	375
Fixed Assets			1 442	1 442	1 928	1 928	1 943	1 499	978	716	1 023	1 303	13 081	9 611	5 373
Increase From Amortisation Charge For Year Intangible Assets									150	150	150	150	2 316	3 038	2 963
Increase From Depreciation Charge For Year Property Plant Equipment									371	112	292	591	773	1 811	1 624
Intangible Assets								975	825	675	525	375	9 609	6 571	3 608
Intangible Assets Gross Cost								1 500	1 500	1 500	1 500	1 500	13 050	13 050	13 050
Issue Equity Instruments													923 245	1 695 676
Net Current Assets Liabilities		1	20 356	20 356	-35 064	-35 064	38 279	-32 196	-52 200	-10 429	-74 491	-160 652	194 262	1 315 325	291 516
Nominal Value Allotted Share Capital														766	766
Number Shares Allotted		1		1 149		1 560	2 025	2 199							7 662 287
Other Creditors								81 449	83 991	86 015	107 033	97 366	129 658	77 237	1 444
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment													1 533
Other Disposals Property Plant Equipment													1 533
Other Taxation Social Security Payable								8 659	4 897	8 829	17 908	16 622	18 520	38 850
Par Value Share		1		0		0	0	0							0
Prepayments Accrued Income														30 969	3 300
Profit Loss													-459 011	-578 083
Property Plant Equipment Gross Cost								1 533	1 533	1 533	2 282	3 303	5 087	6 466	6 815
Provisions For Liabilities Balance Sheet Subtotal											66	176
Recoverable Value-added Tax														36 689	39 659
Taxation Social Security Payable														38 850	12 491
Total Additions Including From Business Combinations Property Plant Equipment											749	1 021
Total Assets Less Current Liabilities							40 222	-30 697	-51 222	-9 713	-73 468	-159 349	207 343	1 324 936
Trade Creditors Trade Payables								316	16 882	18 909	18 079	20 031	20 345	36 730	2 640
Trade Debtors Trade Receivables								18 081	7 406	7 853		960
Transfers To From Retained Earnings Increase Decrease In Equity													561 672
Creditors Due Within One Year			34 405	34 405	43 166	43 166	2 601	90 667
Intangible Fixed Assets Aggregate Amortisation Impairment				75		225	375	525
Intangible Fixed Assets Amortisation Charged In Period				75		150	150	150
Intangible Fixed Assets Cost Or Valuation				1 500		1 500	1 500
Share Capital Allotted Called Up Paid	1	1	1	1	2	2	2	2
Share Premium Account			70 500	70 500	262 299	262 299	580 468	759 410
Tangible Fixed Assets Additions				17		806	550	160
Tangible Fixed Assets Cost Or Valuation				17		823	1 373	1 533
Tangible Fixed Assets Depreciation						170	555	1 009
Tangible Fixed Assets Depreciation Charged In Period						170	385	454
Advances Credits Directors				101		429
Advances Credits Made In Period Directors				101		988
Advances Credits Repaid In Period Directors						660	429
Capital Employed		1	21 798	21 798	-33 136	-33 136	40 222
Intangible Fixed Assets Additions				1 500
Number Shares Allotted Increase Decrease During Period				149		411	465
Value Shares Allotted Increase Decrease During Period						1