42 Technology Limited in St. Ives, PE27 4LG

Description

Data updated on: 01-11-2023

The 42 Technology Limited business has been operating offering its services for at least twenty three years, having launched in 2001. Registered with number 04341237, 42 Technology is a Private Limited Company with office in 5/6 Meadow Lane, St. Ives PE27 4LG. Since 2002-05-10 42 Technology Limited is no longer under the business name Litton Technology. The firm's principal business activity number is 74100 which stands for specialised design activities. Sat, 31st Dec 2022 is the last time when company accounts were reported.

Considering this particular company's growth, it became vital to acquire further directors, among others: Christine H., Alan M., Christopher F. who have been participating in joint efforts since 2022-11-01 for the benefit of the limited company.

The companies with significant control over this firm include: 42 Technology Group Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in St. Ives at Meadow Lane, PE27 4LG.

Previous company's names
42 Technology Limited 2002-05-10
Litton Technology Limited 2001-12-17

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	647 492	536 708	1 434 749	2 020 938	1 416 950	1 791 578
Current Assets	5 032 520	5 472 527	6 041 879	3 334 929	3 413 225	4 091 397
Debtors	4 249 044	4 753 565	4 480 964	1 209 974	1 840 618	2 066 986
Net Assets Liabilities	4 351 259	4 858 504	5 332 478	2 210 225	2 317 584	2 877 451
Other Debtors	94 597	80 351	72 027	113 391	120 309	137 883
Property Plant Equipment	1 906	28 844	72 451	130 540	123 481	231 358
Total Inventories	135 984	182 254	126 166	104 017	155 657	232 833

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets					470	1 410
Accumulated Depreciation Impairment Property Plant Equipment	581 390	561 004	603 810	674 064	618 733	725 091
Amounts Owed By Related Parties	2 825 472	3 406 924	3 633 520	382 136	623 377	664 810
Average Number Employees During Period			41	39	45	49
Bank Borrowings Overdrafts				640 417	507 500	362 500
Corporation Tax Payable			122 877	19 324	17 325	115 921
Corporation Tax Recoverable	142 809	72 981		138 921		209 754
Creditors	683 167	638 479	773 987	640 417	507 500	362 500
Deferred Tax Asset Debtors	2 770
Fixed Assets				130 540	127 712	234 649
Future Minimum Lease Payments Under Non-cancellable Operating Leases			77 383	11 986	335 369	260 753
Increase From Amortisation Charge For Year Intangible Assets					470	940
Increase From Depreciation Charge For Year Property Plant Equipment		4 731		70 777	70 322	106 568
Intangible Assets					4 231	3 291
Intangible Assets Gross Cost					4 701
Net Current Assets Liabilities	4 349 353	4 834 048	5 267 892	2 739 411	2 724 484	3 066 692
Number Shares Issued Fully Paid		10 000
Other Creditors	456 077	472 631	455 334	319 309	326 642	493 384
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		25 117		523	125 653	210
Other Disposals Property Plant Equipment		25 117		1 395	125 653	840
Other Taxation Social Security Payable	155 338	90 524	118 240	128 118	98 781	165 079
Par Value Share		1
Profit Loss	366 448	507 244
Property Plant Equipment Gross Cost	583 294	589 848	676 261	804 604	742 214	956 449
Provisions					27 112	61 390
Provisions For Liabilities Balance Sheet Subtotal		4 388	7 865	19 309	27 112	61 390
Taxation Including Deferred Taxation Balance Sheet Subtotal			7 865	19 309	27 112	36 390
Total Additions Including From Business Combinations Property Plant Equipment		31 671		129 738	63 263	215 075
Total Assets Less Current Liabilities	4 351 259	4 862 892	5 340 343	2 869 951	2 852 196	3 301 341
Trade Creditors Trade Payables	71 752	75 324	77 536	49 253	100 993	105 321
Trade Debtors Trade Receivables	1 183 396	1 193 309	775 417	575 526	1 096 932	1 054 539