Emfi Securities Limited in London, W1S 1AW

Description

Data updated on: 01-11-2023

The Emfi Securities Limited firm has been in this business for 8 years, having launched in 2016. Started with registration number 10447140, Emfi Securities is categorised as a Private Limited Company located in 25-26 Dering Street, London W1S 1AW. The registered name of the firm got changed in the year 2017 to Emfi Securities Limited. The firm previous name was Snb Securities. This company's Standard Industrial Classification Code is 64999, that means Financial intermediation not elsewhere classified. Emfi Securities Ltd filed its account information for the financial period up to Sat, 31st Dec 2022. The company's most recent confirmation statement was released on Sat, 13th May 2023.

Right now, this company is directed by just one managing director: Usman S., who was designated to this position in October 2016. Since December 2017 Muhammad A., had fulfilled assigned duties for this specific company up to the moment of the resignation in 2019.

Previous company's names
Emfi Securities Limited 2017-01-16
Snb Securities Limited 2016-10-26

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-10-31	2018-10-31	2019-12-31	2020-12-31	2021-12-31
Currency

Balance Sheet
Cash Bank On Hand	219 773	3 527 570	1 819 334	1 259 107	999 811
Current Assets	219 773	27 386 738	1 915 249	1 385 652	1 252 279
Debtors			95 915	126 545	252 468
Other Debtors			95 915	58 005	120 467
Property Plant Equipment	4 385	3 065	4 072	1 977	776

Other Financial Data
Audit Fees Expenses		3 000	4 800	10 000	8 000
Director Remuneration	6 000	12 000	33 000	24 000	24 000
Accrued Liabilities	3 000	3 000	9 800	10 000	8 000
Accumulated Depreciation Impairment Property Plant Equipment	1 319	2 639	4 734	6 829	8 030
Administrative Expenses	104 493	189 934	297 311	475 710	415 511
Average Number Employees During Period	1	2	5	6	6
Balances Amounts Owed To Related Parties	246 393	29 087	29 087
Comprehensive Income Expense	-104 493	-640 876	1 186 370	-344 936	-40 384
Corporation Tax Payable			103 548	23 128
Cost Sales		118 465	417 822	684 852	155 481
Creditors	128 651	249 465	303 320	116 564	22 374
Current Asset Investments		23 859 168
Current Tax For Period			103 548	-80 419
Depreciation Amortisation Expense	1 319	1 319	2 095	2 095	1 202
Depreciation Expense Property Plant Equipment	1 319	1 320	2 095	2 095	1 201
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities			-139 970	78 495	149 548
Further Item Interest Expense Component Total Interest Expense		450 935
Future Minimum Lease Payments Under Non-cancellable Operating Leases			74 417	74 417	74 417
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-9 800	-11 572	-11 783	-8 320	2 725
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	3 001	71	27 644	1 245	-9 587
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables			-95 915	-30 630	-37 851
Gross Profit Loss		-113 109	1 587 229	50 355	376 368
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	219 773	3 307 797	-1 708 236	-560 227	-259 296
Increase From Depreciation Charge For Year Property Plant Equipment	1 319	1 320	2 095	2 095	1 201
Interest Expense On Bank Loans Similar Borrowings		5 363
Interest Paid Classified As Operating Activities		-456 298
Interest Payable Similar Charges Finance Costs		456 298
Issue Equity Instruments	200 000	27 685 707
Loans Owed To Related Parties			-139 970	-61 475
Net Cash Flows From Used In Financing Activities	-325 650	-27 806 450	26 788 044	107 581	149 548
Net Cash Flows From Used In Investing Activities	5 704	23 859 167	-23 856 066
Net Cash Flows From Used In Operating Activities	100 173	639 486	-1 223 742	452 646	109 748
Net Cash Generated From Operations	100 173	183 188	-1 223 742	452 645	86 620
Net Current Assets Liabilities	91 122	27 137 273	1 611 929	1 269 088	1 229 905
Nominal Value Shares Issued Specific Share Issue		1	1
Number Shares Issued Fully Paid		27 035 707	1 175 000	1 175 000	1 175 000
Number Shares Issued Specific Share Issue		27 035 707	325 000
Operating Profit Loss	-104 493	-184 578	1 289 918
Other Creditors	128 650		16 337	18 533	10 226
Other Taxation Social Security Payable		72	4 577	3 427	4 147
Par Value Share		1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs			840	4 352	8 470
Proceeds From Issuing Shares	-200 000	-27 685 707	26 710 707
Profit Loss	-104 493	-640 876	1 186 370	-344 936	-40 384
Profit Loss On Ordinary Activities Before Tax	-104 493	-640 876	1 289 918	-425 355	-40 384
Property Plant Equipment Gross Cost	5 704	5 704	8 806	8 806
Purchase Property Plant Equipment	-5 704		-3 102
Social Security Costs			3 861	22 124	45 020
Staff Costs Employee Benefits Expense		12 289	113 611	275 279	172 497
Tax Tax Credit On Profit Or Loss On Ordinary Activities			103 548	-80 419
Total Additions Including From Business Combinations Property Plant Equipment	5 704		3 102
Total Assets Less Current Liabilities	95 507	27 140 338	1 616 001	1 271 065	1 230 681
Total Operating Lease Payments	11 375	18 217	69 275	63 819	98 609
Trade Creditors Trade Payables	1		2	1	1
Turnover Revenue		5 356	2 005 051	735 207	531 849
Wages Salaries	6 000	12 289	108 910	248 803	119 007
Amounts Owed By Associates					88 072
Cash Cash Equivalents Cash Flow Value			1 819 334	1 259 107
Distribution Costs					1 241
Income Taxes Paid Refund Classified As Operating Activities				-1	-23 128
Loans Owed By Related Parties					88 072
Prepayments Accrued Income				6 900	33 005
Recoverable Value-added Tax				61 640	10 924

Company staff

Usman S.

Role: Director

Appointed: 26 October 2016

Latest update: 13 April 2024

People with significant control

The companies with significant control over this firm are: Emfi Group Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in London at Dering Street, W1S 1AW and was registered as a PSC under the reg no 11391808.

Emfi Group Limited

Address: 25-26 Dering Street, London, W1S 1AW, England

Legal authority Companies Act

Legal form Limited Company

Country registered United Kingdom

Place registered England

Registration number 11391808

Notified on 13 May 2020

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Usman S.

Notified on 26 October 2016

Ceased on 13 May 2020

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	27 May 2024
Confirmation statement last made up date	13 May 2023

Annual Accounts
Start Date For Period Covered By Report	26 October 2016
End Date For Period Covered By Report	31 October 2017
Annual Accounts
Start Date For Period Covered By Report	01 November 2017
End Date For Period Covered By Report	31 October 2018
Annual Accounts
Start Date For Period Covered By Report	01 November 2018
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	01 January 2020
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	01 January 2021
End Date For Period Covered By Report	31 December 2021

Emfi Securities Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Usman S.

Muhammad A.

People with significant control

Emfi Group Limited

Usman S.

Accounts Documents

Company filings

Filing category

Search other companies

Services (by SIC Code)

Company Age

Closest Companies - by postcode