Dare International Ltd in London, W1U 7NA

Description

Data updated on: 01-11-2023

This particular business is located in London registered with number: 10142406. The firm was started in 2016. The office of this firm is situated at 43-45 Dorset Street . The postal code for this location is W1U 7NA. The company's current name is Dare International Ltd. The company's former clients may know this company as Vercer, which was in use until Mon, 14th Jun 2021. The company's SIC code is 82990, that means Other business support service activities not elsewhere classified. Dare International Limited reported its latest accounts for the period up to 2022-12-31. The latest annual confirmation statement was released on 2023-04-21.

In order to be able to match the demands of their clients, this specific business is continually being taken care of by a team of two directors who are Fateha B. and Ayman R.. Their joint efforts have been of utmost importance to this specific business since September 2019. Another limited company has been appointed as one of the directors of this company: Freshwater Holdings Limited.

Previous company's names
Dare International Ltd 2021-06-14
Vercer Limited 2016-04-22

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	394 596	32 182 767	46 009 083
Current Assets	11 288 620	50 916 747	75 218 937
Debtors	10 722 998	18 609 070	21 502 084
Net Assets Liabilities		44 373 873	63 891 827
Other Debtors	2 613 511	18 609 070	224 264

Other Financial Data
Audit Fees Expenses			20 508
Accrued Liabilities Deferred Income			7 938 338
Administrative Expenses		199 498	10 469 220
Amounts Owed By Group Undertakings			20 966 220
Average Number Employees During Period	30	41	46
Cash Cash Equivalents Cash Flow Value	394 596	32 182 767	46 009 083
Corporation Tax Payable	1 579 944	6 741 951	1 835 933
Creditors	1 765 680	7 137 938	20 157 039
Current Asset Investments	171 026	124 910	7 707 770
Current Tax For Period		8 296 736	4 933 519
Deferred Tax Asset Debtors			311 600
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			-311 600
Dividends Paid		519 359	198 098
Dividends Paid Classified As Financing Activities		-519 359	-198 098
Dividends Paid On Shares Interim		519 359	198 098
Further Item Creditors Component Total Creditors			20 157 039
Further Item Interest Expense Component Total Interest Expense		-71
Further Item Tax Increase Decrease Component Adjusting Items			24 281
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss		-185 888	1 901
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables		-210 251	-8 427 138
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables		7 886 072	2 581 414
Income Taxes Paid Refund Classified As Operating Activities		-3 134 729	-9 839 537
Interest Income From Group Undertakings Participating Interests		124 785	75 735
Interest Income On Bank Deposits		61 593	91 288
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss		186 378	167 023
Interest Payable Similar Charges Finance Costs		-71
Interest Received Classified As Investing Activities		-186 378	-167 023
Investments		595 064	971 948
Investments Fixed Assets		595 064	24 563 948
Investments In Subsidiaries			23 592 000
Key Management Personnel Compensation Total			3 953 159
Net Cash Flows From Used In Operating Activities		-32 670 100	-21 817 135
Net Cash Generated From Operations		-35 804 758	-31 656 672
Net Current Assets Liabilities	9 522 940	43 778 809	61 124 918
Net Finance Income Costs		186 378	167 023
Net Interest Paid Received Classified As Operating Activities		71
Operating Profit Loss		43 480 579	24 170 948
Other Creditors	185 736	177 248	3 486 968
Other Interest Receivable Similar Income Finance Income		186 378	167 023
Other Investments Other Than Loans	171 026	595 064
Other Operating Income Format1		43 680 077	25 931 533
Other Provisions Balance Sheet Subtotal			1 640 000
Other Taxation Social Security Payable		218 739	193 830
Pension Other Post-employment Benefit Costs Other Pension Costs			13 170
Percentage Class Share Held In Subsidiary			100
Proceeds From Sales Or Maturity Financial Assets Held For Trading Trading Investments		548 948	7 959 744
Profit Loss		35 370 292	19 716 052
Profit Loss On Ordinary Activities Before Tax		43 667 028	24 337 971
Profit Loss Subsidiaries			24 224 036
Social Security Costs			801 445
Staff Costs Employee Benefits Expense			7 036 806
Tax Expense Credit Applicable Tax Rate		8 296 735	4 624 214
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit			-22 570
Tax Increase Decrease From Effect Capital Allowances Depreciation			-24 281
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss			20 275
Tax Tax Credit On Profit Or Loss On Ordinary Activities		8 296 736	4 621 919
Total Assets Less Current Liabilities	9 522 940	44 373 873	85 688 866
Total Increase Decrease In Provisions			-1 640 000
Trade Creditors Trade Payables			638 950
Trade Debtors Trade Receivables	8 109 487	15 870 774
Turnover Revenue			8 708 635
Wages Salaries			6 222 191

Company staff

Fateha B.

Role: Director

Appointed: 18 September 2019

Latest update: 6 March 2024

Ayman R.

Role: Director

Appointed: 22 April 2016

Latest update: 6 March 2024

Freshwater Holdings Limited

Role: Corporate Director

Appointed: 22 April 2016

Address: Dorset Street, London, W1U 7NA, United Kingdom

Latest update: 6 March 2024

People with significant control

The companies with significant control over this firm include: Dare Global Holdings 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 Dorset Street, W1U 7NA and was registered as a PSC under the reg no 14871930.

Dare Global Holdings Limited

Address: 43-45 Dorset Street, London, W1U 7NA, England

Legal authority English Law

Legal form Private Company Limited By Shares

Country registered United Kingdom

Place registered Companies House (United Kingdom)

Registration number 14871930

Notified on 30 October 2023

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Freshwater Holdings Limited

Address: 43-45 Dorset Street, London, W1U 7NA, England

Legal authority Companies Act 2006

Legal form Limited Company

Country registered England

Place registered England And Wales

Registration number 10138375

Notified on 20 April 2017

Ceased on 30 October 2023

Nature of control:

over 3/4 of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	05 May 2024
Confirmation statement last made up date	21 April 2023

Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	2019-12-31
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	2020-12-31

Dare International Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Fateha B.

Ayman R.

Freshwater Holdings Limited

People with significant control

Dare Global Holdings Limited

Freshwater Holdings Limited

Accounts Documents

Company filings

Filing category

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