Venkys London Limited in London, EC2M 5TQ

Description

Data updated on: 01-11-2023

Venkys London is a company located at EC2M 5TQ London at Squire Patton Boggs (uk) Llp (ref: Csu). The enterprise has been operating since 2010 and is established under the identification number 07406020. The enterprise has existed on the UK market for fourteen years now and the last known status is active. This business's principal business activity number is 70100 and has the NACE code: Activities of head offices. Venkys London Ltd filed its latest accounts for the financial year up to 2023-03-31. The business latest annual confirmation statement was submitted on 2023-10-13.

There seems to be a team of four directors overseeing the following business at the moment, including Anuradha D., Jitendra D., Balaji R. and Venkatesh R. who have been carrying out the directors obligations for 14 years.

Executives who control the firm include: Banda R. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Banda R. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-03-31	2022-03-31
Currency

Balance Sheet
Cash Bank On Hand	560	2 000 368
Current Assets	155 074 339	142 644 362
Debtors	155 073 779	140 643 994
Total Inventories	250 208	137 091

Other Financial Data
Accrued Liabilities Deferred Income	94 862	317 123
Accumulated Amortisation Impairment Intangible Assets	10 761 623	11 843 419
Accumulated Depreciation Impairment Property Plant Equipment	220 088	202 492
Additions Other Than Through Business Combinations Intangible Assets		1 185 000
Additions Other Than Through Business Combinations Property Plant Equipment		133 091
Administrative Expenses	36 923 103	38 332 959
Average Number Employees During Period	4	4
Balances Amounts Owed By Related Parties	14 580	7 990
Bank Borrowings Overdrafts	14 020 622	12 605 437
Bank Overdrafts	14 020 622	12 605 437
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	274 820	115 550
Cash Cash Equivalents	-13 576 111	-10 032 435
Creditors	22 250	17 850
Deferred Income	835 264	738 604
Finance Lease Liabilities Present Value Total	39 122	234 467
Finance Lease Payments Owing Minimum Gross	57 348	79 824
Finished Goods Goods For Resale	250 208	137 091
Further Item Tax Increase Decrease Component Adjusting Items		-796 173
Gain Loss From Sales Investment Properties Recognised In Profit Or Loss	179 002	10 032 022
Government Grant Income	1 207 226	132 647
Increase Decrease In Current Tax From Adjustment For Prior Periods	-1 431	-9 352
Increase From Amortisation Charge For Year Intangible Assets		4 091 671
Increase From Depreciation Charge For Year Property Plant Equipment		29 289
Intangible Assets	7 228 792	3 892 074
Intangible Assets Gross Cost	17 990 415	15 735 493
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	517 951	554 191
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	27 657	17 416
Interest Paid Classified As Operating Activities	-545 608	-571 607
Interest Payable Similar Charges Finance Costs	545 608	571 607
Interest Received Classified As Investing Activities		-562 091
Investments Fixed Assets	34 890 101	64 473 101
Investments In Subsidiaries	34 890 101	64 473 101
Issue Equity Instruments	17 003 988	19 633 000
Net Current Assets Liabilities	155 052 089	142 626 512
Net Finance Income Costs		562 091
Operating Profit Loss	-21 041 421	-20 363 001
Other Creditors	36 812	295 532
Other Disposals Decrease In Amortisation Impairment Intangible Assets		3 009 875
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		46 885
Other Disposals Intangible Assets		3 439 922
Other Disposals Property Plant Equipment		46 885
Other Interest Receivable Similar Income Finance Income		562 091
Other Remaining Borrowings	389 400	3 068 767
Pension Other Post-employment Benefit Costs Other Pension Costs	144 201	611 152
Prepayments Accrued Income	1 201 155	1 069 074
Profit Loss	-242 052	-225 577
Profit Loss On Ordinary Activities Before Tax	-21 408 027	2 695 695
Property Plant Equipment Gross Cost	240 607	326 813
Social Security Costs	2 763 523	2 709 313
Staff Costs Employee Benefits Expense	25 426 037	24 850 254
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward	4 066 094	283 991
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-1 431	-9 352
Total Assets Less Current Liabilities	189 942 190	207 099 613
Total Borrowings	14 215 222	15 576 704
Trade Creditors Trade Payables	478 989	1 891 667
Trade Debtors Trade Receivables	482 324	5 000 354
Turnover Revenue	12 659 456	17 075 302
Wages Salaries	22 518 313	21 529 789