Towfiiq Money Transfer & Telecom Limited in London, SW16 6HE

Description

Data updated on: 01-11-2023

Towfiiq Money Transfer & Telecom has been offering its services for at least twenty two years. Started under number 04346951, it is listed as a Private Limited Company. You may find the headquarters of this firm during business hours at the following location: 282 Streatham High Road Streatham, SW16 6HE London. This company's Standard Industrial Classification Code is 61900 which means Other telecommunications activities. 31st March 2022 is the last time when the company accounts were reported.

At present, the business is controlled by one managing director: Isse A., who was selected to lead the company in 2002. Since 2002 Mohamed S., had been fulfilling assigned duties for this business till the resignation in January 2011.

Isse A. is the individual who controls this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	-25 507	-21 446	-17 371

Balance Sheet
Cash Bank On Hand					13 449	500	500	3 799	1 385	98 228	141 243	5 400
Current Assets	87	116	1 884	7 750	23 449	10 150	7 600	6 999	53 574	98 278	139 143	3 250
Debtors	1					1 400	200	200	200
Net Assets Liabilities					-25 404	-30 423	-31 849	-31 549	-33 375	-32 928	-37 545	-38 750
Other Debtors						1 400	200	200	200
Property Plant Equipment					4 208	2 082	262	262	262	262	262	262
Total Inventories					10 000	6 250	4 900	1 900	1 900	50	-2 100	-2 150
Cash Bank In Hand	86	116	384	250	13 449
Net Assets Liabilities Including Pension Asset Liability	-25 507	-21 446	-17 371	-27 549	-25 404
Stocks Inventory			1 500	7 500	10 000
Tangible Fixed Assets	777	608	2 476	6 176	4 208

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	-25 607	-21 546	-17 471	-27 649	-25 504
Shareholder Funds	-25 507	-21 446	-17 371

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					10 269	12 395	14 215	14 215	14 215	14 215	14 215	14 215
Average Number Employees During Period								4	3	3	3	3
Bank Overdrafts											1 000
Creditors					53 061	42 655	39 711	38 810	87 211	131 468	176 950	42 262
Increase From Depreciation Charge For Year Property Plant Equipment						2 126
Net Current Assets Liabilities	-26 284	-22 054	-19 847	-30 725	-29 612	-32 505	-32 111	-31 811	-33 637	-33 190	-37 807	-39 012
Other Creditors					51 720	42 298	33 274	33 274	72 714	125 077	170 129	37 327
Other Taxation Social Security Payable					1 341	357	1 093	114	542
Property Plant Equipment Gross Cost					14 477	14 477	14 477	14 477	14 477	14 477	14 477	14 477
Taxation Social Security Payable									542	970	398	-65
Trade Creditors Trade Payables							5 344	2 080	2 080	2 080	2 080
Capital Employed			-17 371	-27 549	-25 404
Creditors Due Within One Year	26 371	22 170	21 731	41 475	53 061
Par Value Share				1	1
Fixed Assets	777	608	2 476
Tangible Fixed Assets Additions			2 500	5 250
Tangible Fixed Assets Cost Or Valuation	6 727	6 727	9 227	14 477	14 477
Tangible Fixed Assets Depreciation	5 950	6 119	6 751	8 301	10 269
Tangible Fixed Assets Depreciation Charged In Period		169	632	1 550	1 968
Total Assets Less Current Liabilities	-25 507	-21 446	-17 371
Share Capital Allotted Called Up Paid			100	100	100