Founded in 2016, Chip Financial, classified under reg no. 10113174 is an active company. Currently registered at Sixth Floor Fora Montacute Yards E1 6HU, London the company has been in the business for 8 years. Its financial year was closed on December 31 and its latest financial statement was filed on 2022/12/31.
The firm has 4 directors, namely Adam S., Alexander L. and Richard F. and others. Of them, Simon R. has been with the company the longest, being appointed on 8 April 2016 and Adam S. has been with the company for the least time - from 2 January 2024. As of 23 April 2024, there was 1 ex director - Sharon M.. There were no ex secretaries.
| Office Address | Sixth Floor Fora Montacute Yards |
| Office Address2 | 186 Shoreditch High Street |
| Town | London |
| Post code | E1 6HU |
| Country of origin | United Kingdom |
| Registration Number | 10113174 |
| Date of Incorporation | Fri, 8th Apr 2016 |
| Industry | Financial intermediation not elsewhere classified |
| End of financial Year | 31st December |
| Company age | 8 years old |
| Account next due date | Mon, 30th Sep 2024 (160 days left) |
| Account last made up date | Sat, 31st Dec 2022 |
| Next confirmation statement due date | Thu, 13th Jun 2024 (2024-06-13) |
| Last confirmation statement dated | Tue, 30th May 2023 |
Position: Director
Appointed: 02 January 2024
Position: Director
Appointed: 10 May 2021
Position: Director
Appointed: 01 May 2018
Position: Director
Appointed: 08 April 2016
The register of PSCs that own or have control over the company consists of 1 name. As BizStats established, there is Simon R. The abovementioned PSC.
Simon R.
| Notified on | 8 April 2016 |
| Nature of control: |
right to appoint and remove directors |
| Profit & Loss | |||
|---|---|---|---|
| Accounts Information Date | 2020-12-31 | 2021-12-31 | 2022-12-31 |
| Balance Sheet | |||
| Cash Bank On Hand | 10 357 696 | 10 635 109 | 6 839 170 |
| Current Assets | 11 804 220 | 12 966 472 | 9 287 391 |
| Debtors | 1 446 524 | 2 331 363 | 2 448 221 |
| Net Assets Liabilities | -239 715 | 10 461 947 | |
| Other Debtors | 49 756 | 129 559 | 89 973 |
| Property Plant Equipment | 130 190 | 153 577 | 140 856 |
| Other | |||
| Audit Fees Expenses | 7 950 | 19 000 | 26 000 |
| Director Remuneration | 98 055 | 295 000 | 450 000 |
| Accrued Liabilities Deferred Income | 540 745 | 2 179 150 | 1 180 414 |
| Accumulated Depreciation Impairment Property Plant Equipment | 59 394 | 133 007 | 232 497 |
| Administrative Expenses | 6 165 904 | 11 954 595 | 15 399 792 |
| Applicable Tax Rate | 19 | 19 | 19 |
| Average Number Employees During Period | 58 | 101 | 119 |
| Cash Cash Equivalents Cash Flow Value | 10 357 696 | 10 635 109 | |
| Cash Receipts From Government Grants | -61 738 | ||
| Comprehensive Income Expense | -6 146 728 | -12 637 843 | -13 201 320 |
| Corporation Tax Recoverable | 987 618 | 1 687 638 | 1 799 527 |
| Cost Sales | 1 506 389 | 3 788 925 | 1 286 869 |
| Creditors | 11 400 103 | 2 658 102 | 5 479 186 |
| Current Tax For Period | -987 618 | -1 687 387 | -1 799 276 |
| Depreciation Amortisation Expense | 45 746 | 73 613 | 106 564 |
| Depreciation Expense Property Plant Equipment | 42 942 | 73 613 | 106 563 |
| Disposals Decrease In Depreciation Impairment Property Plant Equipment | 7 073 | ||
| Disposals Property Plant Equipment | 7 073 | ||
| Future Minimum Lease Payments Under Non-cancellable Operating Leases | 53 864 | 10 238 | 108 040 |
| Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss | -8 936 | -7 883 | -11 169 |
| Gain Loss In Cash Flows From Change In Creditors Trade Other Payables | 133 402 | 1 884 080 | 2 821 084 |
| Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables | 107 237 | -184 819 | -4 969 |
| Gross Profit Loss | -1 309 792 | -2 227 150 | 391 961 |
| Income Taxes Paid Refund Classified As Operating Activities | 506 704 | 987 366 | 1 687 386 |
| Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation | 7 364 532 | 277 413 | -3 795 939 |
| Increase Decrease In Current Tax From Adjustment For Prior Periods | -506 705 | ||
| Increase From Depreciation Charge For Year Property Plant Equipment | 73 613 | 106 563 | |
| Interest Expense On Bank Overdrafts | 754 | 6 357 | 6 866 |
| Interest Expense On Loan Capital | 226 343 | 137 146 | |
| Interest Paid Classified As Operating Activities | -227 097 | -143 503 | -6 866 |
| Interest Payable Similar Charges Finance Costs | 227 097 | 143 503 | 6 866 |
| Issue Equity Instruments | 2 697 325 | 22 475 692 | 5 691 441 |
| Net Cash Flows From Used In Financing Activities | -14 097 428 | -11 075 590 | -5 691 441 |
| Net Cash Flows From Used In Investing Activities | 15 326 | 96 982 | 79 741 |
| Net Cash Flows From Used In Operating Activities | 6 717 570 | 10 701 195 | 9 407 639 |
| Net Cash Generated From Operations | 6 997 177 | 11 545 058 | 11 088 159 |
| Net Current Assets Liabilities | 11 030 198 | 10 308 370 | 3 808 205 |
| Net Interest Received Paid Classified As Investing Activities | -4 | -18 | -14 101 |
| Number Shares Issued Fully Paid | 17 972 457 | 17 972 457 | |
| Operating Profit Loss | -7 413 958 | -14 181 745 | -15 007 831 |
| Other Creditors | 11 400 103 | 95 004 | 3 449 664 |
| Other Interest Receivable Similar Income Finance Income | 4 | 18 | 14 101 |
| Other Operating Income Format1 | 61 738 | ||
| Other Taxation Social Security Payable | 121 031 | 212 752 | 185 425 |
| Par Value Share | 0 | 0 | |
| Pension Other Post-employment Benefit Costs Other Pension Costs | 45 026 | 83 277 | 106 289 |
| Prepayments Accrued Income | 367 623 | 394 123 | 110 133 |
| Proceeds From Borrowings Classified As Financing Activities | -11 400 103 | ||
| Proceeds From Issuing Shares | -2 697 325 | -11 075 590 | -5 691 441 |
| Profit Loss | -6 146 728 | -12 637 843 | -13 201 320 |
| Profit Loss On Ordinary Activities Before Tax | -7 641 051 | -14 325 230 | -15 000 596 |
| Property Plant Equipment Gross Cost | 189 584 | 286 584 | 373 353 |
| Purchase Other Long-term Assets Classified As Investing Activities | -61 738 | ||
| Purchase Property Plant Equipment | -77 068 | -97 000 | -93 842 |
| Recoverable Value-added Tax | 33 469 | 109 687 | |
| Social Security Costs | 334 640 | 661 687 | 853 199 |
| Staff Costs Employee Benefits Expense | 3 323 692 | 6 423 534 | 7 896 597 |
| Tax Expense Credit Applicable Tax Rate | -1 451 800 | -2 721 794 | -2 850 113 |
| Tax Increase Decrease From Effect Capital Allowances Depreciation | -6 216 | -540 | |
| Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss | 54 670 | 188 373 | 238 463 |
| Tax Tax Credit On Profit Or Loss On Ordinary Activities | -1 494 323 | -1 687 387 | -1 799 276 |
| Total Additions Including From Business Combinations Property Plant Equipment | 97 000 | 93 842 | |
| Total Assets Less Current Liabilities | 11 160 388 | 10 461 947 | 3 949 061 |
| Trade Creditors Trade Payables | 95 866 | 171 196 | 619 523 |
| Trade Debtors Trade Receivables | 8 058 | 10 356 | 448 588 |
| Turnover Revenue | 196 597 | 1 561 775 | 1 678 830 |
| Wages Salaries | 2 944 026 | 5 678 570 | 6 937 109 |
| Type | Category | Free download | |
|---|---|---|---|
| SH01 |
6.95 GBP is the capital in company's statement on 2023/05/25 filed on: 16th, June 2023 |
capital | Free Download (8 pages) |
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