Founded in 2017, Xai Asset Management, classified under reg no. 10592027 is an active company. Currently registered at 30 30 Churchill Place E14 5EU, Canary Wharf the company has been in the business for seven years. Its financial year was closed on Mon, 30th Sep and its latest financial statement was filed on Friday 30th September 2022. Since Saturday 13th April 2019 Xai Asset Management Ltd is no longer carrying the name Wilmotml.
The company has 2 directors, namely Aric W., Jonathan W.. Of them, Jonathan W. has been with the company the longest, being appointed on 7 February 2017 and Aric W. has been with the company for the least time - from 20 April 2017. As of 6 May 2024, there was 1 ex director - Craig E.. There were no ex secretaries.
| Office Address | 30 30 Churchill Place |
| Town | Canary Wharf |
| Post code | E14 5EU |
| Country of origin | United Kingdom |
| Registration Number | 10592027 |
| Date of Incorporation | Tue, 31st Jan 2017 |
| Industry | Fund management activities |
| End of financial Year | 30th September |
| Company age | 7 years old |
| Account next due date | Sun, 30th Jun 2024 (55 days left) |
| Account last made up date | Fri, 30th Sep 2022 |
| Next confirmation statement due date | Mon, 22nd Jan 2024 (2024-01-22) |
| Last confirmation statement dated | Sun, 8th Jan 2023 |
Position: Director
Appointed: 20 April 2017
Position: Director
Appointed: 07 February 2017
The register of PSCs that own or have control over the company consists of 3 names. As BizStats researched, there is Jonathan W. This PSC and has 75,01-100% shares. Another entity in the persons with significant control register is Aric W. This PSC owns 75,01-100% shares. The third one is Penhallow Company Services Limited, who also fulfils the Companies House requirements to be listed as a PSC. This PSC has a legal form of "a limited company", owns 75,01-100% shares, has 75,01-100% voting rights. This PSC , owns 75,01-100% shares and has 75,01-100% voting rights.
Jonathan W.
| Notified on | 14 June 2017 |
| Nature of control: |
75,01-100% shares |
Aric W.
| Notified on | 6 June 2017 |
| Nature of control: |
75,01-100% shares |
Penhallow Company Services Limited
The Linhay, Penhallow Manor Altarnun, Launceston, Cornwall, PL15 7SJ, United Kingdom
| Legal authority | Companies Act |
| Legal form | Limited Company |
| Country registered | England And Wales |
| Place registered | England And Wales |
| Registration number | 08476361 |
| Notified on | 31 January 2017 |
| Ceased on | 1 June 2017 |
| Nature of control: |
75,01-100% shares 75,01-100% voting rights right to appoint and remove directors |
| Wilmotml | April 13, 2019 |
| Penhallow Stockco 171 | February 7, 2017 |
| Profit & Loss | |||||
|---|---|---|---|---|---|
| Accounts Information Date | 2018-09-30 | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 |
| Balance Sheet | |||||
| Cash Bank On Hand | 281 383 | 166 160 | 64 203 | 143 690 | 187 013 |
| Current Assets | 337 095 | 299 317 | 225 827 | 295 716 | 358 601 |
| Debtors | 55 712 | 133 157 | 190 027 | 145 880 | 171 588 |
| Net Assets Liabilities | 181 858 | 131 472 | 22 479 | -12 435 | -62 804 |
| Other Debtors | 16 928 | 45 065 | 24 658 | 36 364 | |
| Property Plant Equipment | 7 553 | 6 027 | 4 552 | 3 510 | 1 521 |
| Other | |||||
| Audit Fees Expenses | 8 500 | 8 755 | 9 500 | 11 500 | |
| Accrued Liabilities Deferred Income | 13 425 | 13 992 | 36 923 | 33 834 | 18 640 |
| Accumulated Amortisation Impairment Intangible Assets | 1 354 | 2 257 | 3 160 | 4 063 | 4 966 |
| Accumulated Depreciation Impairment Property Plant Equipment | 2 799 | 4 992 | 7 342 | 9 816 | 11 805 |
| Additions Other Than Through Business Combinations Property Plant Equipment | 667 | 875 | 1 432 | ||
| Administrative Expenses | 211 651 | 334 645 | 282 030 | 293 106 | 240 780 |
| Amortisation Expense Intangible Assets | 903 | 903 | 903 | 903 | 903 |
| Amortisation Impairment Expense Intangible Assets | 903 | 903 | 903 | 903 | 903 |
| Average Number Employees During Period | 4 | 5 | 5 | 5 | |
| Cash Cash Equivalents Cash Flow Value | 281 383 | 166 160 | 64 203 | 143 690 | 187 013 |
| Comprehensive Income Expense | -53 817 | ||||
| Corporation Tax Payable | 4 486 | 16 429 | |||
| Corporation Tax Recoverable | 68 447 | 98 428 | 79 637 | 74 505 | |
| Cost Sales | 183 909 | 254 614 | 248 432 | 244 857 | 262 615 |
| Creditors | 169 180 | 179 619 | 212 903 | 309 974 | 426 608 |
| Current Tax For Period | 8 085 | -68 447 | -97 731 | -77 513 | -76 384 |
| Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences | 965 | -260 | -160 | -358 | -126 |
| Depreciation Expense Property Plant Equipment | 2 070 | 2 193 | 2 350 | 2 474 | 1 989 |
| Depreciation Impairment Expense Property Plant Equipment | 2 070 | 2 193 | 2 350 | 2 474 | 1 989 |
| Fixed Assets | 15 227 | 12 798 | 10 420 | 8 475 | 5 583 |
| Further Item Tax Increase Decrease Component Adjusting Items | 965 | -260 | 6 641 | -358 | 23 705 |
| Future Minimum Lease Payments Under Non-cancellable Operating Leases | 16 875 | 4 930 | |||
| Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss | -381 | -5 860 | 666 | -17 703 | 13 023 |
| Gain Loss In Cash Flows From Change In Creditors Trade Other Payables | -6 927 | 1 504 | -49 713 | -97 071 | -126 134 |
| Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables | -252 | 8 998 | 26 889 | -25 356 | 24 694 |
| Gross Profit Loss | 254 721 | 215 531 | 65 078 | 151 916 | 100 963 |
| Income Taxes Paid Refund Classified As Operating Activities | -3 599 | 11 943 | 89 763 | 96 303 | 78 804 |
| Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation | -199 623 | 115 224 | 101 958 | -79 487 | -43 323 |
| Increase Decrease In Current Tax From Adjustment For Prior Periods | -38 441 | 1 168 | 2 712 | ||
| Increase From Amortisation Charge For Year Intangible Assets | 903 | 903 | 903 | 903 | |
| Increase From Depreciation Charge For Year Property Plant Equipment | 2 193 | 2 350 | 2 474 | 1 989 | |
| Intangible Assets | 7 674 | 6 771 | 5 868 | 4 965 | 4 062 |
| Intangible Assets Gross Cost | 9 028 | 9 028 | 9 028 | 9 028 | |
| Interest Received Classified As Investing Activities | -20 | -30 | -2 | -4 | |
| Issue Equity Instruments | 150 000 | ||||
| Net Cash Flows From Used In Financing Activities | -150 000 | ||||
| Net Cash Flows From Used In Investing Activities | 647 | 845 | 1 430 | -4 | |
| Net Cash Flows From Used In Operating Activities | -49 623 | 114 577 | 101 113 | -80 917 | -43 319 |
| Net Cash Generated From Operations | -53 222 | 126 520 | 190 876 | 15 386 | 35 485 |
| Net Current Assets Liabilities | 167 915 | 119 698 | 12 924 | -20 404 | -68 007 |
| Net Finance Income Costs | 20 | 30 | 2 | 4 | |
| Operating Profit Loss | 43 070 | -119 114 | -216 952 | -141 190 | -139 817 |
| Other Creditors | 126 947 | 127 070 | 144 727 | 243 500 | 372 251 |
| Other Interest Income | 20 | 30 | 2 | 4 | |
| Other Interest Receivable Similar Income Finance Income | 20 | 30 | 2 | 4 | |
| Other Taxation Social Security Payable | 16 173 | 5 259 | 6 773 | 5 406 | 27 560 |
| Pension Other Post-employment Benefit Costs Other Pension Costs | 414 | 2 558 | 2 629 | 4 514 | 5 049 |
| Prepayments Accrued Income | 12 212 | 47 782 | 46 534 | 41 585 | 27 555 |
| Proceeds From Issuing Shares | -150 000 | ||||
| Profit Loss | 34 020 | -50 387 | -80 590 | -63 317 | -66 015 |
| Profit Loss On Ordinary Activities Before Tax | 43 070 | -119 094 | -245 325 | -141 188 | -139 813 |
| Property Plant Equipment Gross Cost | 10 352 | 11 019 | 11 894 | 13 326 | |
| Provisions For Liabilities Balance Sheet Subtotal | 1 284 | 1 024 | 865 | 506 | |
| Purchase Property Plant Equipment | -667 | -875 | -1 432 | ||
| Social Security Costs | 12 406 | 19 459 | 20 382 | 19 625 | 22 910 |
| Staff Costs Employee Benefits Expense | 123 668 | 202 893 | 203 900 | 198 249 | 215 625 |
| Taxation Including Deferred Taxation Balance Sheet Subtotal | 506 | 380 | |||
| Tax Decrease From Utilisation Tax Losses | 1 472 | ||||
| Tax Expense Credit Applicable Tax Rate | 8 183 | -22 628 | -41 215 | -25 021 | -26 564 |
| Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit | -67 487 | -97 731 | -77 513 | -73 668 | |
| Tax Increase Decrease From Effect Capital Allowances Depreciation | 394 | 290 | 268 | 198 | 378 |
| Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss | 980 | 136 | 1 102 | 322 | -235 |
| Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward | 26 306 | ||||
| Tax Tax Credit On Profit Or Loss On Ordinary Activities | 9 050 | -68 707 | -136 332 | -77 871 | -73 798 |
| Total Assets Less Current Liabilities | 183 142 | 132 496 | 51 747 | 3 717 | -62 424 |
| Total Current Tax Expense Credit | -68 447 | -136 172 | -77 513 | -73 672 | |
| Total Operating Lease Payments | 46 243 | 64 903 | 41 256 | 26 677 | 24 576 |
| Trade Creditors Trade Payables | 8 149 | 16 869 | 24 480 | 17 734 | 8 157 |
| Trade Debtors Trade Receivables | 43 500 | 33 164 | |||
| Turnover Revenue | 438 630 | 470 145 | 313 510 | 396 773 | 363 578 |
| Wages Salaries | 110 848 | 180 876 | 180 889 | 174 110 | 187 666 |
| Type | Category | Free download | |
|---|---|---|---|
| SH01 |
545516.00 GBP is the capital in company's statement on Tuesday 2nd January 2024 filed on: 19th, January 2024 |
capital | Free Download (3 pages) |
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