Talk:Arctic Shores

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

For the year ended 31st December 2022, the company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

To be considered a small company, the company must satisfy any 2 of the following things:

• a turnover of £10.2 million or less;
• £5.1 million or less on its balance sheet;
• 50 employees or less.

Note, the balance sheet total means the aggregate of the amounts shown as assets in the company's balance sheet. In other words, the relevant amount is total assets, and not net assets.

The company has 77 employees, and £6,197,636 in total assets, and, therefore, Arctic Shores does not satisfy the small companies' regime provision.

Accordingly, the company:

• has used the provision incorrectly.
• must file its comprehensive income statement.

Is anyone able to verify the accuracy of the conclusion?

161.12.100.241 16:18, 26 October 2023 (BST)

Transferred shares

74,756 shares have been transferred, from R Needham Consultancy Ltd., on 7th September 2018.[1] In addition, 8,473 shares have been transferred, from Needham Consultancy Ltd.. on 6th May 2018.[2] Does anyone know to where both batches of the shares have been transferred? 161.12.100.241 15:01, 23 October 2023 (BST)

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. 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? 161.12.100.241 16:45, 26 October 2023 (BST)