Company Identification Details
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Subject Reported on
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LIBERTY COMMODITIES LIMITED
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Registration Number
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03349135
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VAT Number
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GB830436059
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Address
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NO 7 HERTFORD STREET,
LONDON, W1J 7RH.
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Telephone
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0203 205 8550
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Facsimile
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0203 205 8599
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Email
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info@libertyhouseuk.com
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Web Address
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www.libertyhouseuk.com
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Official Company Data
|
Legal Form
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Private Limited
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Registration Number
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03349135
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VAT Number
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GB830436059
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Subject Status
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Trading
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Date of Incorporation
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10/04/1997
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Registered Office
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NO 7 HERTFORD STREET,
LONDON, W1J 7RH.
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History
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10/07/2013 : The
Registered Office address changed from BERKELEY SQUARE HOUSE,1ST FLOOR, SUITE 179-18.
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2/01/2013 : The
Registered Office address changed from 3RD FLOOR BERKELEY SQUARE
HOUSE,BERKELEY SQUA.
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8/04/2010 : The
Registered Office address changed from AMADEUS HOUSE, FLORAL STREET, COVENT GARDEN,.
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4/05/2005 : The
Registered Office address changed from 1 JERMYN
STREET, LONDON, SW1Y
4UH, SW1Y 4UH.
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Previously located
at 1 Jermyn Street,
London, SW1Y 4UH.
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21/10/2004 : The
Registered Office address changed from 47 BELGRAVE SQUARE, LONDON,
SW1X 8QR.
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Previously located
at 47 BELGRAVE SQUARE,
LONDON, SW1X 8QR.
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31/05/2001 : The
Registered Office address changed from LIBERTY HOUSE, 8 UPPER GROSVENOR STREET, LOND.
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Previously located
at LIBERTY HO, 8 UPPER GROSVENOR
ST, LONDON,
W1X.
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23/06/1998 : The
Registered Office address changed from 494/500 NEASDEN LANE NORTH, LONDON,
NW10 0EA,.
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17/10/1997 : Change
of name from LIBERTY MARINE PRODUCTS LIMITED.
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Date of Last Annual Return to Registry
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02/01/2013
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Accounts
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The last filed accounts at Companies House are those to 31/12/2012
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Accounting Reference Date
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31/12
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Operations
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Activities
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International commodity traders and shippers. Accounts data
expressed in US Dollars.
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Nace Code
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5152
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Premises
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Rented,Offices
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Staff Employed
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23
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Import Countries
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ALL OVER THE WORLD
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Export Countries
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ALL OVER THE WORLD
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Bankers
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BANK OF IRELAND
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Address
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FOREIGN & BCH (EURO.
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Sort Code
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300353
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Auditors
|
H.W. Fisher & Co
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Associated Companies
|
LIBERTY (EAST AFRICA)
LIMITED
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Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
0
|
1
|
5
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|
Search History Details
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|
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The Search History Details shows details of the most recent 40
searches
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Date
|
Description
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|
21/02/2013
|
Miscellaneous
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|
09/10/2012
|
Miscellaneous
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25/09/2012
|
Miscellaneous
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18/09/2012
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Miscellaneous
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|
14/09/2012
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Miscellaneous
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25/07/2012
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Miscellaneous
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
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Period
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Last 72 Months
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Last 36 Months
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Amount Summary
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3,315
|
3,315
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Count Summary
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1
|
1
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Unsettled Amount Summary
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3,315
|
3,315
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Highest Amount Summary
|
3,315
|
3,315
|
0
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Details of the most recent CCJ's/Scottish Decrees
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Date
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Amount
|
Type
|
Case No
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Satisfied
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Court
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|
19/01/2011
|
3,315
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Judgment
|
0QZ35594
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NORTHAMPTON CCBC
|
Summary of Mortgages, Charges and Satisfactions
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Total Number of Mortgages/Charges Registered
|
67
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Number Outstanding
|
38
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Number Partially Satisfied
|
0
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Number Satisfied
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29
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|
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Date of Latest Mortgage Created
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16/05/2013
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Date of Latest Satisfaction
|
10/09/2012
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Details of most recent Mortgages, Charges and Satisfactions
|
Date Fully
Satisfied
|
Date
Registered
|
Date
Created
|
Charge
Description
|
Form Type
|
Lender
|
|
|
30/05/2013
|
16/05/2013
|
Contains Fixed Charge.
|
MG01
|
Ubs Ag
|
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|
30/05/2013
|
16/05/2013
|
Contains Fixed Charge.
|
MG01
|
Ubs Ag
|
|
|
30/05/2013
|
16/05/2013
|
Contains Fixed Charge.
|
MG01
|
Ubs Ag
|
|
|
30/05/2013
|
16/05/2013
|
Contains Fixed Charge.
|
MG01
|
Ubs Ag
|
|
|
30/05/2013
|
16/05/2013
|
Contains Fixed Charge.
|
MG01
|
Ubs Ag
|
|
|
30/05/2013
|
16/05/2013
|
Contains Fixed Charge.
|
MG01
|
Ubs Ag
|
|
|
30/04/2013
|
10/04/2013
|
N/A
|
MG01
|
Credit Suisse Ag
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|
|
30/04/2013
|
10/04/2013
|
N/A
|
MG01
|
Credit Suisse Ag
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22/03/2013
|
15/03/2013
|
Security Assignment
|
MG01
|
Bank Of London
And The Middle East Plc (The Assignee)
|
|
|
22/03/2013
|
15/03/2013
|
Accounts Charge
|
MG01
|
Bank Of London
And The Middle East Plc
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|
It should be noted that there is no legal requirement to file
satisfaction details of mortgages/charges at Companies House.
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Other Filings and Notices
|
09/08/2013
|
Companies House Gazette
|
All documents required to be delivered to the registrar under
section 441 (annual accounts and reports)
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10/07/2013
|
Companies House Gazette
|
Notification of any change of the company's registered office
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17/05/2013
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Companies House Gazette
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Any amendment to company's articles (including every resolution or
agreement required to be embodied in or annexed to copies of the company's
articles issued by
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02/01/2013
|
Companies House Gazette
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Notification of any change of the company's registered office
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13/07/2012
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Companies House Gazette
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All documents required to be delivered to the registrar under
section 441 (annual accounts and reports)
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19/04/2001
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Companies House Gazette
|
Resolutions which give vary
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19/04/2001
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Companies House Gazette
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Special resolutions passed under section 95 disapplication of
pre-emption rights
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19/04/2001
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Companies House Gazette
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Alteration in memorandum or articles of association
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20/10/1997
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Companies House Gazette
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Change among directors of a company
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Company Secretary
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Secretary
|
SURINDER JOLLY
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Service Address
|
67 BROWNLOW
ROAD, LONDON, N11 2BJ.
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Country of Origin
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UNITED
KINGDOM
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Date of Birth
|
01/05/1938
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Appointment Date
|
10/04/1997
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Directors
|
Director
|
MR SANJEEV GUPTA
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Service Address
|
VILLA 23 FROND O, THE PALM JUMEIRAH, DUBAI.
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Country of Origin
|
UNITED
KINGDOM
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Date of Birth
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27/07/1971
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Appointment Date
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10/04/1997
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Other Directorships
|
SHANGHAI EVERBRIGHT IMPORT & EXPORT COMPANY
LIMITED, LIBERTY CHEMICALS LIMITED, SIMEC COMMODITIES (UK)
LIMITED, LIBERTY HOUSE LIMITED, INDUSTRIAL COMMODITIES
LIMITED, 2G PROPERTY HOLDINGS LIMITED
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Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
6,672,641
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Principal Shareholder
|
6,672,641 Liberty Trading Group Pte Ltd
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|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
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Holding Company
|
Liberty Trading Group Pte Ltd, a company incorporated
in SINGAPORE
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Ultimate Parent
|
LIBERTY HOUSE UK LTD, a company incorporated in ISLE OF MAN
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Financial Data– Statutory Accounts
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For annual accounts images, view the
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The following figures are shown in units of 1000
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Number of Weeks
|
78
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2011
|
30/06/2010
|
30/06/2009
|
30/06/2008
|
|
Currency
|
USD
|
USD
|
USD
|
USD
|
|
SALES
|
967506
|
408892
|
368898
|
536684
|
|
Cost of goods sold
|
956180
|
401636
|
353308
|
532570
|
|
GROSS PROFIT
|
11326
|
7256
|
15590
|
4114
|
|
Wages and Salaries
|
3240
|
1751
|
1324
|
841
|
|
Directors Emoluments
|
96
|
68
|
|
|
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Auditors Fees
|
167
|
134
|
68
|
109
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Non-Audit Fees
|
|
|
33
|
20
|
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Trading Profit
|
1541
|
835
|
875
|
543
|
|
Depreciation
|
146
|
81
|
78
|
102
|
|
OPERATING PROFIT
|
1395
|
754
|
797
|
441
|
|
Non Trading Income
|
15
|
97
|
15
|
166
|
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Interest Payable
|
162
|
141
|
369
|
273
|
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PRE TAX PROFIT
|
1248
|
710
|
443
|
334
|
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Taxation
|
408
|
(125)
|
399
|
229
|
|
PROFIT AFTER TAX
|
840
|
835
|
44
|
105
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RETAINED PROFITS
|
840
|
835
|
44
|
105
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|
The following figures are shown in units of 1000
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|
Number of Weeks
|
78
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2011
|
30/06/2010
|
30/06/2009
|
30/06/2008
|
|
Currency
|
USD
|
USD
|
USD
|
USD
|
|
TOTAL FIXED ASSETS
|
381
|
465
|
237
|
280
|
|
Tangible Assets
|
381
|
465
|
237
|
280
|
|
Fixed Assets
|
381
|
465
|
237
|
280
|
|
TOTAL CURRENT ASSETS
|
173527
|
141833
|
117705
|
239941
|
|
Trade debtors
|
130688
|
101552
|
94521
|
174721
|
|
Stocks
|
37753
|
32343
|
14659
|
46292
|
|
Other Current Assets
|
5086
|
7938
|
8525
|
18928
|
|
Misc Current Assets
|
245
|
733
|
454
|
257
|
|
Due From Group
|
3399
|
5859
|
5395
|
8571
|
|
Cash
|
1442
|
1346
|
2676
|
10100
|
|
TOTAL ASSETS
|
173908
|
142298
|
117942
|
240221
|
|
TOTAL CURRENT LIABILITIES
|
160309
|
129539
|
106012
|
228248
|
|
Trade creditors
|
31453
|
28975
|
16743
|
18437
|
|
Short Term Loans
|
128019
|
99770
|
88003
|
207789
|
|
Bank Overdraft
|
117799
|
85227
|
78963
|
206370
|
|
Other Finance
|
|
5
|
71
|
97
|
|
Due To Group
|
10220
|
14538
|
8969
|
1322
|
|
Other Liabilities
|
837
|
794
|
1266
|
2022
|
|
WORKING CAPITAL
|
13218
|
12294
|
11693
|
11693
|
|
TOTAL LONG TERM LIABS
|
|
|
5
|
91
|
|
Long Term Loans
|
|
|
5
|
91
|
|
Other Finance
|
|
|
5
|
91
|
|
NET ASSETS/(LIABILITIES)
|
13599
|
12759
|
11925
|
11882
|
|
SHARE CAPITAL + RESERVES
|
13599
|
12759
|
11925
|
11882
|
|
Share Cap + Sundry Res
|
9753
|
9752
|
9753
|
9753
|
|
Issued Share Capital
|
9753
|
9752
|
9753
|
9753
|
|
Profit and Loss account
|
3846
|
3007
|
2172
|
2129
|
|
SHAREHOLDERS FUNDS
|
13599
|
12759
|
11925
|
11882
|
|
CAPITAL EMPLOYED
|
13599
|
12759
|
11930
|
11973
|
|
The following figures are shown in units of 1000
|
|
Number of Weeks
|
78
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2011
|
30/06/2010
|
30/06/2009
|
30/06/2008
|
|
Currency
|
USD
|
USD
|
USD
|
USD
|
|
Net Cashflow from Oper.
|
(31962)
|
(7027)
|
120777
|
(179813)
|
|
Increase in Cash
|
(32476)
|
(7593)
|
119983
|
(180221)
|
|
Directors Remuneration
|
96
|
68
|
|
|
|
Auditors Remuneration
|
167
|
134
|
68
|
109
|
|
Liquid Assets
|
132130
|
102898
|
97197
|
184821
|
|
Net Working Capital
|
13218
|
12294
|
11693
|
11693
|
|
Long Term Debt(>12 Months)
|
|
|
5
|
91
|
|
Tangible Net Worth(T.N.W)
|
13599
|
12759
|
11925
|
11882
|
|
Equity
|
13599
|
12759
|
11925
|
11882
|
|
Number of Years Trading
|
14
|
13
|
12
|
11
|
|
Number of Employees
|
23
|
19
|
17
|
12
|
|
Profit per Employee
|
54260.9
|
37368.4
|
26058.8
|
27833.3
|
|
Sales per Employee
|
42065478.3
|
21520631.6
|
21699882.4
|
44723666.7
|
|
The following figures are shown as Ratios or Percentages
|
|
Accounts Date
|
31/12/2011
|
30/06/2010
|
30/06/2009
|
30/06/2008
|
|
Current Ratio
|
1.1
|
1.1
|
1.1
|
1.1
|
|
Pre Tax Profit Margin%
|
0.1
|
0.2
|
0.1
|
0.1
|
|
Gross Profit%
|
1.2
|
1.8
|
4.2
|
0.8
|
|
Debtors Days (D.S.O)
|
49
|
91
|
94
|
119
|
|
Creditors Days (D.P.O)
|
12
|
26
|
17
|
13
|
|
Quick Ratio
|
0.8
|
0.8
|
1
|
0.8
|
|
W.I.P/Inventory Days
|
14.4
|
29.4
|
15.1
|
31.7
|
|
Return on Investment%
|
1
|
0.8
|
0.8
|
0.3
|
|
Return on Assets%
|
0.7
|
0.5
|
0.4
|
0.1
|
|
T.N.W/Total Assets%
|
7.8
|
9
|
10.1
|
4.9
|
|
Return on Capital%
|
9.2
|
5.6
|
3.7
|
2.8
|
|
Rtn on Shareholders Funds%
|
9.2
|
5.6
|
3.7
|
2.8
|
|
Working Capital/Sales%
|
1.4
|
3
|
3.2
|
2.2
|
|
Borrowing Ratio%
|
941.4
|
782
|
738
|
1749.5
|
|
Equity Gearing%
|
8.5
|
9.8
|
11.2
|
5.2
|
|
Stock Turnover
|
25.6
|
12.6
|
25.2
|
11.6
|
|
Days Purchases Outstanding
|
12
|
26.3
|
17.3
|
12.6
|
|
Sales/Fixed Assets
|
2539.4
|
879.3
|
1556.5
|
1916.7
|
|
Debt Gearing
|
|
|
|
0.8
|
Key Industry Sector Trends
|
Year
|
2013
|
2012
|
2011
|
2010
|
|
Sample Size
|
537
|
5947
|
6916
|
6817
|
|
Pre-Tax Profit Margin
|
5.5
|
3.9
|
3.8
|
3.7
|
|
Current Ratio
|
1.8
|
1.6
|
1.6
|
1.6
|
|
Borrowing Ratio
|
96
|
111.9
|
116.5
|
108.9
|
|
Return on Capital
|
31.2
|
22.9
|
26.3
|
24.9
|
|
Creditors Days
|
65
|
290
|
178
|
125
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Wholesale of non-agricultural intermediate
products, waste and scrap
|
Financial Summary
|
Auditors Qualification
|
|
The Auditors have expressed a clean
opinion (i.e. unqualified with no referrals) on the accounts for the period
ended 31/12/2011.
|
|
Turnover
|
|
Turnover increased by 137 % in the
period and now totals USD 967,506,000.
|
|
Operating Profit
|
|
Totalled USD 1,395,000. In the year
prior a Profit of USD 754,000 was achieved.
|
|
Pre Tax Profit
|
|
The subject's profit increased by 75 %
in the year.
|
|
Working Capital
|
|
The subject's working capital has
improved by 924,000 in the period.
|
|