Talk:Arctic Shores - Revision history

161.12.100.241 at 09:52, 9 November 2023

2023-11-09T09:52:53Z

← Older revision		Revision as of 10:52, 9 November 2023
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	:* has used the provision correctly; and		:* has used the provision correctly; and
	:* does not need to file its comprehensive income statement.		:* does not need to file its comprehensive income statement.

			:Is anyone able to verify the accuracy of the conclusion?

	:[[Special:Contributions/31.94.17.200\|31.94.17.200]] 12:02, 8 November 2023 (GMT)		:[[Special:Contributions/31.94.17.200\|31.94.17.200]] 12:02, 8 November 2023 (GMT)

161.12.100.241 at 09:31, 9 November 2023

2023-11-09T09:31:35Z

← Older revision		Revision as of 10:31, 9 November 2023
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	* has used the provision incorrectly.		* has used the provision incorrectly.
	* must file its comprehensive income statement.		* must file its comprehensive income statement.

	Is anyone able to verify the accuracy of the conclusion?		Is anyone able to verify the accuracy of the conclusion?

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	:According to Companies House accounts guidance: “If a company qualified as small in one year, but no longer meets the criteria in the next year - it may continue to claim the exemptions available in the next year.”[https://www.gov.uk/government/publications/life-of-a-company-annual-requirements/life-of-a-company-part-1-accounts]		:According to Companies House accounts guidance: “If a company qualified as small in one year, but no longer meets the criteria in the next year - it may continue to claim the exemptions available in the next year.”[https://www.gov.uk/government/publications/life-of-a-company-annual-requirements/life-of-a-company-part-1-accounts]
	:Arctic Shores qualified as small in one year (i.e. 2021), but no longer meets the criteria in the next year (i.e. 2022).		:Arctic Shores qualified as small in one year (i.e. 2021), but no longer meets the criteria in the next year (i.e. 2022).
	:
	:Accordingly, the company:		:Accordingly, the company:

	:* may continue to claim the exemptions available in the next year (i.e. 2022);		:* may continue to claim the exemptions available in the next year (i.e. 2022);
	:* has used the provision correctly; and		:* has used the provision correctly; and

161.12.100.241 at 14:39, 8 November 2023

2023-11-08T14:39:18Z

← Older revision		Revision as of 15:39, 8 November 2023
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	:According to Companies House accounts guidance: “If a company qualified as small in one year, but no longer meets the criteria in the next year - it may continue to claim the exemptions available in the next year.”[https://www.gov.uk/government/publications/life-of-a-company-annual-requirements/life-of-a-company-part-1-accounts]		:According to Companies House accounts guidance: “If a company qualified as small in one year, but no longer meets the criteria in the next year - it may continue to claim the exemptions available in the next year.”[https://www.gov.uk/government/publications/life-of-a-company-annual-requirements/life-of-a-company-part-1-accounts]
	:Arctic Shores qualified as small in one year (i.e. 2021), but no longer meets the criteria in the next year (i.e. 2022).		:Arctic Shores qualified as small in one year (i.e. 2021), but no longer meets the criteria in the next year (i.e. 2022).
			:
	:Accordingly, the company:		:Accordingly, the company:

	:* may continue to claim the exemptions available in the next year (i.e. 2022);		:* may continue to claim the exemptions available in the next year (i.e. 2022);
	:* has used the provision correctly; and		:* has used the provision correctly; and
	:* does not need to file its comprehensive income statement.		:* does not need to file its comprehensive income statement.

	:[[Special:Contributions/31.94.17.200\|31.94.17.200]] 12:02, 8 November 2023 (GMT)		:[[Special:Contributions/31.94.17.200\|31.94.17.200]] 12:02, 8 November 2023 (GMT)

31.94.17.202 at 12:10, 8 November 2023

2023-11-08T12:10:47Z

← Older revision		Revision as of 13:10, 8 November 2023
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	:According to Companies House accounts guidance: “If a company qualified as small in one year, but no longer meets the criteria in the next year - it may continue to claim the exemptions available in the next year.”[https://www.gov.uk/government/publications/life-of-a-company-annual-requirements/life-of-a-company-part-1-accounts]		:According to Companies House accounts guidance: “If a company qualified as small in one year, but no longer meets the criteria in the next year - it may continue to claim the exemptions available in the next year.”[https://www.gov.uk/government/publications/life-of-a-company-annual-requirements/life-of-a-company-part-1-accounts]
	:Arctic Shores qualified as small in one year (i.e. 2021), but no longer meets the criteria in the next year (i.e. 2022).		:Arctic Shores qualified as small in one year (i.e. 2021), but no longer meets the criteria in the next year (i.e. 2022).

	:Accordingly, the company:		:Accordingly, the company:

	:* may continue to claim the exemptions available in the next year (i.e. 2022);		:* may continue to claim the exemptions available in the next year (i.e. 2022);
	:* has used the provision correctly; and		:* has used the provision correctly; and
	:* does not need to file its comprehensive income statement.		:* does not need to file its comprehensive income statement.
	[[Special:Contributions/31.94.17.200\|31.94.17.200]] 12:02, 8 November 2023 (GMT)
			:[[Special:Contributions/31.94.17.200\|31.94.17.200]] 12:02, 8 November 2023 (GMT)

	== Series B Valuation ==		== Series B Valuation ==

31.94.17.200 at 12:07, 8 November 2023

2023-11-08T12:07:48Z

← Older revision		Revision as of 13:07, 8 November 2023
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	:* may continue to claim the exemptions available in the next year (i.e. 2022);		:* may continue to claim the exemptions available in the next year (i.e. 2022);
	:* has used the provision correctly; and		:* has used the provision correctly; and
	:* does not need to file its comprehensive income statement.		:* does not need to file its comprehensive income statement.
	:[[Special:Contributions/31.94.17.200\|31.94.17.200]] 12:02, 8 November 2023 (GMT)		[[Special:Contributions/31.94.17.200\|31.94.17.200]] 12:02, 8 November 2023 (GMT)

	== Series B Valuation ==		== Series B Valuation ==

31.94.17.200 at 12:07, 8 November 2023

2023-11-08T12:07:04Z

← Older revision		Revision as of 13:07, 8 November 2023
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	:According to Companies House accounts guidance: “If a company qualified as small in one year, but no longer meets the criteria in the next year - it may continue to claim the exemptions available in the next year.”[https://www.gov.uk/government/publications/life-of-a-company-annual-requirements/life-of-a-company-part-1-accounts]		:According to Companies House accounts guidance: “If a company qualified as small in one year, but no longer meets the criteria in the next year - it may continue to claim the exemptions available in the next year.”[https://www.gov.uk/government/publications/life-of-a-company-annual-requirements/life-of-a-company-part-1-accounts]
	:Arctic Shores qualified as small in one year (i.e. 2021), but no longer meets the criteria in the next year (i.e. 2022). Accordingly, it may continue to claim the exemptions available in the next year (i.e. 2022). [[Special:Contributions/31.94.17.200\|31.94.17.200]] 12:02, 8 November 2023 (GMT)		:Arctic Shores qualified as small in one year (i.e. 2021), but no longer meets the criteria in the next year (i.e. 2022).
			:Accordingly, the company:
			:* may continue to claim the exemptions available in the next year (i.e. 2022);
			:* has used the provision correctly; and
			:* does not need to file its comprehensive income statement.
			:[[Special:Contributions/31.94.17.200\|31.94.17.200]] 12:02, 8 November 2023 (GMT)

	== Series B Valuation ==		== Series B Valuation ==

31.94.17.200: /* Clarification on Misapplication of Small Companies' Regime Provisions and Mandatory Comprehensive Income Statement Filing */ Reply

2023-11-08T12:02:06Z

Clarification on Misapplication of Small Companies' Regime Provisions and Mandatory Comprehensive Income Statement Filing: Reply

← Older revision		Revision as of 13:02, 8 November 2023
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	[[Special:Contributions/161.12.100.241\|161.12.100.241]] 16:18, 26 October 2023 (BST)		[[Special:Contributions/161.12.100.241\|161.12.100.241]] 16:18, 26 October 2023 (BST)

			:According to Companies House accounts guidance: “If a company qualified as small in one year, but no longer meets the criteria in the next year - it may continue to claim the exemptions available in the next year.”[https://www.gov.uk/government/publications/life-of-a-company-annual-requirements/life-of-a-company-part-1-accounts]
			:Arctic Shores qualified as small in one year (i.e. 2021), but no longer meets the criteria in the next year (i.e. 2022). Accordingly, it may continue to claim the exemptions available in the next year (i.e. 2022). [[Special:Contributions/31.94.17.200\|31.94.17.200]] 12:02, 8 November 2023 (GMT)

	== Series B Valuation ==		== Series B Valuation ==

95.149.241.208 at 09:36, 28 October 2023

2023-10-28T09:36:45Z

← Older revision		Revision as of 10:36, 28 October 2023
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	== Series B Valuation ==		== Series B Valuation ==

	The Stockhub users calculate the valuation as of £21.98 million (for the calculation, see the 'Arctic Shores Series B valuation calculation' table in this report below). However, according to Dealroom.co estimates, the firm valuation is between $30m and $46m (~~$38 million mean~~) as of January 2023. The valuation is based on either of: the publicly disclosed value, or an estimate that is based on the last funding round amount, using similar rounds as benchmarks.		The Stockhub users calculate the valuation as of £21.98 million (for the calculation, see the 'Arctic Shores Series B valuation calculation' table in this report below). However, according to Dealroom.co estimates, the firm valuation is between $30m and $46m (or between £25m and £38m when converted into British Pounds) as of January 2023. The valuation is based on either of: the publicly disclosed value, or an estimate that is based on the last funding round amount, using similar rounds as benchmarks.

	{\| class="wikitable"		{\| class="wikitable"

95.149.241.208 at 09:32, 28 October 2023

2023-10-28T09:32:07Z

← Older revision		Revision as of 10:32, 28 October 2023
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	== Inconsistency in Share Allotment Reporting ==		== Inconsistency in Share Allotment Reporting ==

	On the 5th July 2019, the company filed its confirmation statement, showing that the total number of shares of the company as at 28th June 2019 is 3,986,061 shares.		On the 5th July 2019, the company filed its confirmation statement, showing that the total number of shares of the company as at 28th June 2019 is 3,986,061 shares.<ref>https://find-and-update.company-information.service.gov.uk/company/08589048/filing-history/MzIzODY2MjU1OWFkaXF6a2N4/document?format=pdf&download=0</ref>

			On 22nd August 2019, the company filed a SH01 statement, detailing that between 14th August 2019 and 16th August 2019 (i.e. after the aforementioned confirmation statement), the company allotted 55,780 shares.<ref name=":1">https://find-and-update.company-information.service.gov.uk/company/08589048/filing-history/MzI0MjM4MzA2M2FkaXF6a2N4/document?format=pdf&download=0</ref>

	On 22nd August 2019, the company filed a SH01 statement, detailing that between 14th August 2019 and 16th August 2019 (i.e. after the aforementioned confirmation statement), the company allotted 55,780 shares.		According to my calculation, as a result of the allotted, shares, the total number of shares of the company increased to 4,041,841 shares (3,986,061 shares + 55,780 shares). However, the SH01 statement shows the total number of shares as unchanged at 3,986,061 shares.<ref name=":1" />


	According to my calculation, as a result of the allotted, shares, the total number of shares of the company increased to 4,041,841 shares (3,986,061 shares + 55,780 shares). However, the SH01 statement shows the total number of shares as unchanged at 3,986,061 shares.


	Does anyone know whether that's a mistake? [[Special:Contributions/95.149.241.208\|95.149.241.208]] 10:29, 28 October 2023 (BST)		Does anyone know whether that's a mistake? [[Special:Contributions/95.149.241.208\|95.149.241.208]] 10:29, 28 October 2023 (BST)

95.149.241.208 at 09:30, 28 October 2023

2023-10-28T09:30:25Z

← Older revision		Revision as of 10:30, 28 October 2023
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	Which valuation is correct, if any? [[Special:Contributions/161.12.100.241\|161.12.100.241]] 18:24, 27 October 2023 (BST)		Which valuation is correct, if any? [[Special:Contributions/161.12.100.241\|161.12.100.241]] 18:24, 27 October 2023 (BST)

	== ~~Transferred shares~~ ==		== Inconsistency in Share Allotment Reporting ==

	74,~~756 shares have been transferred, from R Needham Consultancy Ltd., on 7th September 2018.[https://find-and-update.~~company~~-information.service.gov.uk/company/08589048/filing-history/MzM4NjIxOTA2MWFkaXF6a2N4/document?format=pdf&download=0] In addition~~, ~~8,473~~ shares have been transferred, from Needham Consultancy Ltd.. on 6th May 2018.[https://find-and-update.company-information.service.gov.uk/company/08589048/filing-history/MzM4NjIxOTA2MWFkaXF6a2N4/document?format=pdf&download=0] Does anyone know to where both batches of the shares ~~have been transferred? [[Special:Contributions/161.12.100.241\|161.12.100~~.~~241]] 15:01, 23 October 2023 (BST)~~		On the 5th July 2019, the company filed its confirmation statement, showing that the total number of shares of the company as at 28th June 2019 is 3,986,061 shares.

	~~== Verification Request for Reported $2.7 Million Revenue Figure in 2021/2022 as per GetLatka - Discrepancy with Companies House Filing ==~~

	~~According to GetLatka~~, ~~revenues at~~ the company ~~is $2.7 million in 2021~~ and~~/or 2022.<ref>https://getlatka~~.~~com/companies/arctic-shores</ref> The company's revenue figures haven't been filed at Companies House~~. ~~Is anyone able to verify~~ the ~~accuracy of~~ the ~~$2.7 million figure? [[Special:Contributions/161.12.100.241\|161.12~~.~~100.241]] 16:45, 26 October 2023 (BST)~~		On 22nd August 2019, the company filed a SH01 statement, detailing that between 14th August 2019 and 16th August 2019 (i.e. after the aforementioned confirmation statement), the company allotted 55,780 shares.

	~~== References ==~~

	~~== Inconsistency in Share Allotment Reporting ==~~		According to my calculation, as a result of the allotted, shares, the total number of shares of the company increased to 4,041,841 shares (3,986,061 shares + 55,780 shares). However, the SH01 statement shows the total number of shares as unchanged at 3,986,061 shares.

	~~On the 5th July 2019, the company filed its confirmation statement, showing that the total number of shares of the company as at 28th June 2019 is 3,986,061 shares.~~

			Does anyone know whether that's a mistake? [[Special:Contributions/95.149.241.208\|95.149.241.208]] 10:29, 28 October 2023 (BST)

	On 22nd August 2019, the company filed a SH01 statement, detailing that between 14th August 2019 and 16th August 2019 (i.e. after the aforementioned confirmation statement), the company allotted 55,780 shares.		== Transferred shares ==

			74,756 shares have been transferred, from R Needham Consultancy Ltd., on 7th September 2018.[https://find-and-update.company-information.service.gov.uk/company/08589048/filing-history/MzM4NjIxOTA2MWFkaXF6a2N4/document?format=pdf&download=0] In addition, 8,473 shares have been transferred, from Needham Consultancy Ltd.. on 6th May 2018.[https://find-and-update.company-information.service.gov.uk/company/08589048/filing-history/MzM4NjIxOTA2MWFkaXF6a2N4/document?format=pdf&download=0] Does anyone know to where both batches of the shares have been transferred? [[Special:Contributions/161.12.100.241\|161.12.100.241]] 15:01, 23 October 2023 (BST)

	~~According to my calculation, as a result of the allotted, shares, the total number of shares of the company increased to 4,041,841 shares (3,986,061 shares + 55,780 shares)~~. ~~However, the SH01 statement shows the total number of shares~~ as ~~unchanged at 3,986,061 shares.~~		== Verification Request for Reported $2.7 Million Revenue Figure in 2021/2022 as per GetLatka - Discrepancy with Companies House Filing ==

			According to GetLatka, revenues at the company is $2.7 million in 2021 and/or 2022.<ref>https://getlatka.com/companies/arctic-shores</ref> The company's revenue figures haven't been filed at Companies House. Is anyone able to verify the accuracy of the $2.7 million figure? [[Special:Contributions/161.12.100.241\|161.12.100.241]] 16:45, 26 October 2023 (BST)

	~~Does anyone know whether that's a mistake? [[Special:Contributions/95.149.241.208\|95.149.241.208]] 10:29, 28 October 2023 (BST)~~		== References ==