Abca Systems Limited in Killingworth, NE12 5UJ

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www.abcasystems.co.uk

Description

Data updated on: 01-11-2023

Abca Systems Limited can be contacted at Killingworth at Unit 24, Mylord Crescent. Anyone can look up the firm using the post code - NE12 5UJ. The enterprise has been in business on the British market for seventeen years. This firm is registered under the number 06294877 and its current status is active. It has a history in business name changing. Up till now it had two different company names. Until 2009 it was run under the name of Abca Systems (2007) and before that the registered company name was Abca Systems. The enterprise's SIC code is 43210 which means Electrical installation. The firm's latest filed accounts documents were submitted for the period up to 2022-09-30 and the most current confirmation statement was submitted on 2023-06-27.

With 18 recruitment advert since 19th June 2014, Abca Systems has been one of the most active companies on the employment market. Recently, it was looking for new workers in Oldham, Kingston upon Hull and Birmingham. They often employ full time workers to work in Overtime mode. They look for applicants for such positions as for example: multi-skilled fire and service engineer, Sales Agent and Senior Sky engineer.

3 transactions have been registered in 2015 with a sum total of £12,549. In 2014 there was a similar number of transactions (exactly 5) that added up to £12,967. The Council conducted 3 transactions in 2013, this added up to £10,300. All the transactions taken into account were valued at 500 pounds or more. In total, the company conducted 15 transactions and issued invoices for £50,906. Cooperation with the Gateshead Council council covered the following areas: Supplies And Services.

The following limited company owes its achievements and constant development to a group of four directors, namely Philip B., Ali K., Christopher S. and Philip M., who have been controlling the firm since 2021-05-13. In order to find professional help with legal documentation, this particular limited company has been utilizing the skillset of Philip B. as a secretary since 2021.

Previous company's names
Abca Systems Limited 2009-08-29
Abca Systems (2007) Limited 2008-03-18
Abca Systems Limited 2007-06-27

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30
Currency

Balance Sheet
Cash Bank On Hand	303 190	385 653	1 318 500	2 073 848	119 051	3 239 374
Current Assets	5 296 783	11 214 574	13 441 324	17 918 739	16 640 853	22 536 976
Debtors	4 428 330	10 273 123	11 727 916	14 519 903	14 068 415	17 423 529
Net Assets Liabilities	3 134 447	6 423 064	8 713 141	11 149 717	10 077 897	12 415 067
Other Debtors	447 588	783 177	1 635 911	984 892	555 561	541 941
Property Plant Equipment	356 080	331 995	327 333	337 660	333 829	301 696
Total Inventories	565 263	555 798	394 908	1 324 988	2 453 387

Other Financial Data
Audit Fees Expenses	6 150	7 000	10 000	14 000	22 000	35 000
Accrued Liabilities Deferred Income					454 409	1 424 177
Accumulated Amortisation Impairment Intangible Assets	667 395	721 509	721 509	721 509	721 509
Accumulated Depreciation Impairment Property Plant Equipment	331 742	301 023	318 105	361 142	390 980	423 113
Additions Other Than Through Business Combinations Property Plant Equipment		6 900	12 420		26 007
Administration Support Average Number Employees	67	57	12	73	105
Administrative Expenses	4 588 831	4 259 844	6 410 857	5 572 402	7 296 896	8 040 929
Amortisation Expense Intangible Assets	72 151	54 114
Amounts Owed By Group Undertakings					6 106 875	7 192 199
Amounts Owed By Related Parties				5 499 226	6 106 875
Amounts Owed To Group Undertakings					114 052	166 399
Amounts Owed To Related Parties					114 052
Amount Specific Bank Loan	136 156	111 601	90 025
Applicable Tax Rate	19	19	19	19	19
Average Number Employees During Period	202	138	228	180	240	233
Bank Borrowings	112 124	90 959	68 449
Cash Cash Equivalents Cash Flow Value	303 190
Comprehensive Income Expense	694 910	4 325 168	2 682 259	2 436 576	673 089
Corporation Tax Payable					288 356	544 475
Cost Inventories Recognised As Expense Net Write Downs Reversals	3 511 464	5 965 050
Cost Sales	9 216 321	13 268 491	15 342 256	13 831 269	21 552 015	26 159 630
Creditors	112 124	90 959	68 449	7 106 682	1 200 000	1 930 092
Current Tax For Period	-9 177	790 502	433 152	483 595	15 588	417 653
Deferred Tax Asset Debtors	46 132	16 959	17 406	19 412	14 145	22 173
Deferred Tax Assets	46 132	16 959	17 406	19 412	14 145
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws	492	-3 432	-1 995	-4 659	-174	-961
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-4 683	29 173	1 547	2 696	-549	-7 067
Depreciation Amortisation Expense	109 411	85 099
Depreciation Expense Property Plant Equipment	37 260	30 985	17 082	46 162	29 838
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-61 704
Disposals Property Plant Equipment		-61 704
Dividend Per Share Interim	2	69	57		174
Dividends Paid	-123 650	-1 036 551	-392 182		-1 744 909
Dividends Paid Classified As Financing Activities	-123 650	-1 036 551
Dividends Paid On Shares Interim	123 650	1 036 551	392 182		1 744 909
Financial Assets	3 761 745	7 410 153
Financial Liabilities	2 159 536	3 315 786
Finished Goods Goods For Resale	565 263	555 798	394 908	1 324 988	2 453 387	1 874 073
Fixed Assets	410 194	331 995		337 660	333 829
Further Item Creditors Component Total Creditors					1 200 000	1 930 092
Further Item Debtors Component Total Debtors	9 332
Further Item Deferred Expense Credit Component Total Deferred Tax Expense					5 990
Further Item Tax Increase Decrease Component Adjusting Items					-174	2 376
Future Minimum Lease Payments Under Non-cancellable Operating Leases	30 081	246 908	237 343	159 864	384 865	455 251
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss					1 920	689
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	157 883	-1 784 948
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	383 370	5 883 298
Gain Loss In Cash Flows From Change In Inventories	-190 679	-9 465
Gain Loss On Disposals Property Plant Equipment				-1 477
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss	-49	-349	465	401	1 920
Government Grant Income			1 304 776
Gross Profit Loss	5 088 747	9 442 021	8 231 868	8 432 582	7 948 399
Income Taxes Paid Refund Classified As Operating Activities	-5 638	-9 412
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	245 469	82 463
Increase Decrease In Current Tax From Adjustment For Prior Periods				-13 001	-11 666
Increase Decrease In Current Tax From Unrecognised Timing Difference From Prior Period	-45 422
Increase From Amortisation Charge For Year Intangible Assets		54 114
Increase From Depreciation Charge For Year Property Plant Equipment		30 985	17 082		29 838	32 133
Intangible Assets	54 114
Intangible Assets Gross Cost	721 509	721 509	721 509	721 509	721 509
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	53 763	37 334	10 823	4 923
Interest Expense On Financial Liabilities Fair Value Through Profit Or Loss					95 215
Interest Paid Classified As Financing Activities	-53 763	-37 334
Interest Paid Classified As Operating Activities	53 763	37 334
Interest Payable Similar Charges Finance Costs	53 763	37 334	10 823	4 923	95 215	175 242
Key Management Personnel Compensation Short-term Employee Benefits	283 829	56 492
Minimum Operating Lease Payments Recognised As Expense	85 838	102 397	135 243	122 243	227 027
Net Cash Flows From Used In Financing Activities	-208 889	-1 098 440
Net Cash Flows From Used In Operating Activities	454 358	1 187 803
Net Cash Generated From Operations	448 720	1 178 391
Net Cash Inflow Outflow From Operations Before Movements In Working Capital	799 294	5 267 276
Net Current Assets Liabilities	2 836 377	6 182 028	8 454 257	10 812 057	10 944 068	14 043 463
Operating Profit Loss	689 883	5 182 177	3 125 787	2 910 087	771 503
Other Creditors	513 470	390 728	439 416	461 006	94 226	62 494
Other Departments Average Number Employees	10	10	11	8	5
Other Interest Expense					95 215	175 242
Other Operating Income Format1	189 967		1 304 776	49 907	120 000	120 000
Other Payables Accrued Expenses	186 841	376 590	624 823	535 890	424 794
Other Remaining Borrowings					1 200 000
Other Remaining Operating Income				49 907
Other Revenue	10 148 348	14 542 463
Other Taxation Social Security Payable					937 215	1 492 241
Pension Costs Defined Contribution Plan	53 063	83 481	156 261	130 740	146 695
Pension Other Post-employment Benefit Costs Other Pension Costs					146 695	152 822
Prepayments	914 310	3 231 664	3 438 563	2 517 298	2 695 196
Prepayments Accrued Income					2 695 196	3 234 793
Production Average Number Employees	125	71	205	99	130
Profit Loss	694 910	4 325 168	2 682 259	2 436 576	673 089	2 337 170
Profit Loss On Ordinary Activities Before Tax	636 120	5 144 843	3 114 964	2 905 164	676 288	2 746 795
Property Plant Equipment Gross Cost	687 822	633 018	645 438	698 802	724 809
Purchase Property Plant Equipment		-6 900
Repayments Borrowings Classified As Financing Activities	-31 476	-24 555
Revenue From Rendering Services	4 137 069	8 137 771
Revenue From Sale Goods	19 651	30 278
Social Security Costs	397 016	343 718	683 269	627 890	739 963
Staff Costs Employee Benefits Expense	5 226 953	4 634 702	7 764 117	6 540 890	8 996 535	9 042 215
Taxation Social Security Payable	412 994	1 017 137	1 414 115	741 035	937 215
Tax Decrease From Utilisation Tax Losses	12 025
Tax Decrease Increase From Effect Revenue Exempt From Taxation	-260 019					32
Tax Expense Credit Applicable Tax Rate	120 863	977 520	591 843	551 981	128 495	604 521
Tax Increase Decrease Arising From Group Relief Tax Reconciliation				-103 533	-121 340	-205 818
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-9 177	-171 543	-177 107
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	120 395	15 078	17 912	35 748	6 505	7 878
Tax Increase Decrease From Other Tax Effects Tax Reconciliation	2 053	2 052	2 052	2 052	1 379
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-58 790	819 675	432 705	468 588	3 199	409 625
Total Assets Less Current Liabilities	3 246 571	6 514 023	8 781 590	11 149 717	11 277 897	14 345 159
Total Borrowings	112 124	90 959	68 449		1 200 000
Total Current Tax Expense Credit					-2 068	417 653
Total Deferred Tax Expense Credit	-49 613	29 173	-447	-2 006	5 267	-8 028
Total Operating Lease Payments				519 694	710 129
Trade Creditors Trade Payables	1 323 069	2 436 867	2 053 985	3 264 250	3 741 863	4 803 727
Trade Debtors Trade Receivables				5 499 075	4 696 638	6 432 423
Turnover Revenue	14 305 068	22 710 512	23 574 124	22 263 851	29 500 414
Wages Salaries	4 776 874	4 207 503	6 924 587	5 782 260	8 109 877	8 209 894
Amount Specific Advance Or Credit Directors	40 067	251 834	2 012 238	-1 200 755	-1 296 279
Amount Specific Advance Or Credit Made In Period Directors	9 471	410 192	27 007	214 585
Amount Specific Advance Or Credit Repaid In Period Directors	-1 650	-450 259	-278 841	-3 427 578	-7 842
Company Contributions To Money Purchase Plans Directors	6 000	10 000	30 000	22 462
Director Remuneration	130 911	76 862	111 190	159 143	24 653	24 368
Director Remuneration Benefits Including Payments To Third Parties					24 653	24 745
Number Directors Accruing Benefits Under Money Purchase Scheme	2	1	1	1