Adjustopen Limited in Newcastle Upon Tyne, NE3 3LS

Description

Data updated on: 01-11-2023

This particular Adjustopen Limited company has been operating on the market for at least 32 years, having started in 1992. Started with registration number 02725459, Adjustopen is a Private Limited Company located in C/o Suite 5 Bulman House Regent Avenue, Newcastle Upon Tyne NE3 3LS. This firm's registered with SIC code 78200 and has the NACE code: Temporary employment agency activities. The firm's most recent financial reports cover the period up to March 31, 2019 and the most recent annual confirmation statement was submitted on June 25, 2020.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	114 019	23 342	293 971	326 388

Balance Sheet
Cash Bank On Hand					280 471	56 644	42 442	2 886	19 948
Current Assets	727 121	731 766	1 166 186	2 756 815	2 979 413	2 887 007	5 265 149	6 499 222	6 956 545
Debtors	682 727	731 644	1 068 988	2 756 380	2 698 942	2 830 363	5 222 707	6 496 336	6 936 597
Net Assets Liabilities					429 266	567 591	1 038 492	906 002	893 670
Property Plant Equipment					1 345 343	1 347 087	1 338 407	1 353 560	98 668
Cash Bank In Hand	44 394	122	97 198	435
Intangible Fixed Assets	4 000	3 500	3 000	2 500
Net Assets Liabilities Including Pension Asset Liability	114 019	23 342	293 971	326 388
Other Debtors						350			514 767
Tangible Fixed Assets	31 921	24 409	1 313 452	1 333 259

Capital & Reserves
Called Up Share Capital	100	82	70	70
Profit Loss Account Reserve	113 919	23 260	293 901	326 306
Shareholder Funds	114 019	23 342	293 971	326 388

Other Financial Data
Secured Debts		0	1 300 000	1 579 651
Total Fixed Assets Additions		7 631	1 296 016
Total Fixed Assets Cost Or Valuation	323 902	331 533	1 627 549
Total Fixed Assets Depreciation	287 981	303 624	311 097
Total Fixed Assets Depreciation Charge In Period		15 643	7 473
Audit Fees Expenses						7 200	10 500	6 000	7 500
Accrued Liabilities Deferred Income					5 009	50 979	50 979	156 477	450 660
Accumulated Amortisation Impairment Intangible Assets					3 000	3 500	4 000	4 500	5 000
Accumulated Depreciation Impairment Property Plant Equipment					309 264	324 850	340 405	356 535	366 818
Additions Other Than Through Business Combinations Property Plant Equipment						17 328
Administrative Expenses					2 040 208	2 809 046	4 199 756	6 619 762	5 730 742
Bank Borrowings					1 235 003	340 377	869 543	724 787
Bank Borrowings Overdrafts					1 153 934	869 543	869 543	724 787
Bank Overdrafts					1 151	88 001	232 122
Capital Reduction Decrease In Equity						129 012
Corporation Tax Payable					28 818	113 288	273 547	169 592
Cost Sales					8 818 739	9 181 895	16 076 634	27 216 481	28 095 943
Creditors					1 153 934	869 543	874 708	750 197	6 142 796
Current Tax For Period					28 818	83 656	160 259	-36 180	15 037
Debt Securities Held					2 662 737	2 777 698
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit					-2 667
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences					2 666	7 474
Fixed Assets	35 921	27 909	1 316 452	1 335 759	1 347 343	1 348 587	1 339 407	1 354 060	98 668
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities					344 648	25 083			15 247
Further Item Tax Increase Decrease Component Adjusting Items					90 610
Gross Profit Loss					2 180 894	3 173 746	4 864 752	6 452 915	5 696 006
Income Taxes Paid Refund Classified As Operating Activities					-20 040	813		-103 955	-169 592
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation					-278 885	1 848 387	-158 323	192 566	17 062
Increase From Amortisation Charge For Year Intangible Assets						500	500	500	500
Increase From Depreciation Charge For Year Property Plant Equipment						15 585	15 555	16 130	10 283
Intangible Assets					2 000	1 500	1 000	500
Intangible Assets Gross Cost					5 000	5 000	5 000	5 000
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings					96 934	72 770
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts					20 487	42 656
Interest Payable Similar Charges Finance Costs					96 934	74 604	70 704	156 553	137 323
Net Cash Flows From Used In Financing Activities					408 202	154 083	415 627	144 756	118 178
Net Cash Flows From Used In Investing Activities					29 952	17 329	6 876	31 283	47 132
Net Cash Flows From Used In Operating Activities					-717 039	-2 019 799	-264 180	-368 605	-182 372
Net Cash Generated From Operations					-834 013	-2 093 590	-334 884	-629 113	-489 287
Net Current Assets Liabilities	78 098	-4 567	117 519	247 974	238 523	98 686	583 126	313 884	813 749
Net Interest Paid Received Classified As Operating Activities					-96 934	-74 604
Operating Profit Loss					231 296	433 059	776 308	-9 693	147 030
Other Operating Income Format1					90 610	68 359	111 312	157 154	181 766
Payments To Redeem Own Shares						-129 000	-75 250
Pension Other Post-employment Benefit Costs Other Pension Costs					48 124	128 923	84 924	45 302	32 135
Profit Loss					102 878	267 325	546 151	-132 478	-12 332
Profit Loss On Ordinary Activities Before Tax					134 362	358 455	705 604	-166 246	9 707
Property Plant Equipment Gross Cost					1 654 608	1 671 936	1 678 812	1 710 095	465 486
Provisions For Liabilities Balance Sheet Subtotal					2 666	10 139	9 333	11 745	18 747
Purchase Property Plant Equipment					-29 952	-17 329	-6 876	-31 283	-47 132
Redemption Shares Decrease In Equity						-12
Repayments Borrowings Classified As Financing Activities					-63 554	-25 083	-340 377	-144 756
Social Security Costs					112 139	182 509	226 058	2 324 043	651 126
Staff Costs Employee Benefits Expense					1 534 568	1 992 937	6 233 261	31 640 848	31 426 292
Taxation Including Deferred Taxation Balance Sheet Subtotal					2 666	10 139
Tax Decrease Increase From Effect Revenue Exempt From Taxation					121 807	3 669
Tax Increase Decrease From Effect Capital Allowances Depreciation						7 473	1 030	-2 784	-6 906
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					40 924	15 635	17 302	95
Tax Increase Decrease From Other Short-term Timing Differences					-2 448
Tax Tax Credit On Profit Or Loss On Ordinary Activities					31 484	91 130	159 453	-33 768	22 039
Total Assets Less Current Liabilities	114 019	23 342	1 433 971	1 583 733	1 585 866	1 447 273	1 922 533	1 667 944	912 417
Trade Creditors Trade Payables					231 174	361 293	376 941	425 033	884 917
Trade Debtors Trade Receivables					2 454 319	2 772 619	3 687 950	6 460 156	5 502 318
Turnover Revenue					10 999 633	12 355 641	20 941 386	33 669 396	33 791 949
Wages Salaries					1 374 305	1 681 505	3 045 658	29 271 503	30 743 031
Company Contributions To Defined Benefit Plans Directors						73 333
Company Contributions To Money Purchase Plans Directors						73 333	20 000	20 000
Director Remuneration						375 404	420 000	404 369	353 990
Additional Provisions Increase From New Provisions Recognised									7 002
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss							-806	2 412
Amortisation Expense Intangible Assets						500	500	500	500
Applicable Tax Rate						20	20	19	19
Capital Redemption Reserve				12
Cash Cash Equivalents Cash Flow Value						-31 357	-189 680
Comprehensive Income Expense						267 325	470 901	-132 478
Corporation Tax Recoverable								36 180	21 143
Creditors Due After One Year			1 140 000	1 257 345
Creditors Due Within One Year			1 048 667	2 508 841
Debtors Due After One Year				-33 008
Depreciation Amortisation Expense						16 085	16 056	16 630	10 783
Depreciation Expense Property Plant Equipment						15 585	15 555	16 130	10 283
Disposals Property Plant Equipment									1 291 741
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax							-75 250
Further Item Interest Expense Component Total Interest Expense						1 834	765		1 019
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						2 020 490	1 934 864	1 859 625	235 065
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						-376 044	-2 392 344	-1 237 449	96 409
Increase Decrease In Current Tax From Adjustment For Prior Periods									32 408
Intangible Fixed Assets Aggregate Amortisation Impairment	1 000	1 500	2 000	2 500
Intangible Fixed Assets Amortisation Charged In Period		500	500	500
Intangible Fixed Assets Cost Or Valuation	5 000	5 000	5 000
Interest Expense On Bank Loans Similar Borrowings						72 770	69 939	156 553	136 304
Interest Paid Classified As Operating Activities						-74 604	-70 704	-156 553	-137 323
Issue Equity Instruments						58	-8
Number Shares Allotted				70
Number Shares Issued Fully Paid							50	50	5 000
Other Comprehensive Income Expense Net Tax							-75 250
Other Creditors						1 679 794	3 448 679	25 410	4 314 323
Other Deferred Tax Expense Credit						7 474	-806	2 412	7 002
Other Taxation Social Security Payable						154 589	5 165	296 252	492 896
Par Value Share				1			1	1	0
Prepayments Accrued Income						52 665	52 665		415 386
Provisions						10 139	9 333	11 745	18 747
Share Capital Allotted Called Up Paid			70	70
Tangible Fixed Assets Additions		7 631	1 296 016	33 647
Tangible Fixed Assets Cost Or Valuation	318 902	326 533	1 622 549	1 624 656
Tangible Fixed Assets Depreciation	286 981	302 124	309 097	291 397
Tangible Fixed Assets Depreciation Charged In Period				13 840
Tangible Fixed Assets Depreciation Decrease Increase On Disposals				31 540
Tangible Fixed Assets Disposals				31 540
Tax Decrease From Utilisation Tax Losses									5 307
Tax Expense Credit Applicable Tax Rate						71 691	141 121	-31 587	1 844
Total Additions Including From Business Combinations Property Plant Equipment							6 876	31 283	47 132
Total Borrowings						428 378	4 550 344	5 698 354
Total Operating Lease Payments						42 656	87 578	91 475	221 841
Creditors Due After One Year Total Noncurrent Liabilities		0	1 140 000
Creditors Due Within One Year Total Current Liabilities	649 023	736 333	1 048 667
Tangible Fixed Assets Depreciation Charge For Period		15 143	6 973