Advance Ip Technologies Limited in Liverpool, L18 9UD

Description

Data updated on: 01-11-2023

This business operates as Advance Ip Technologies Limited. This company was founded twenty years ago and was registered with 05125617 as its registration number. The office of this firm is situated in Liverpool. You can contact it at 291 Mather Avenue. The official name switch from Ovamex Trading to Advance Ip Technologies Limited took place on Tuesday 29th May 2007. This company's declared SIC number is 74909 which means Other professional, scientific and technical activities not elsewhere classified. Advance Ip Technologies Ltd filed its account information for the financial period up to Friday 31st March 2023. The company's most recent confirmation statement was filed on Thursday 11th May 2023.

Taking into consideration this particular firm's number of employees, it was necessary to formally appoint other directors: Manisha S., Neil P. and Shilpan P. who have been assisting each other since October 2022 to fulfil their statutory duties for the business. To find professional help with legal documentation, the business has been utilizing the skills of Manisha S. as a secretary since the appointment on Monday 7th September 2015.

Previous company's names
Advance Ip Technologies Limited 2007-05-29
Ovamex Trading Limited 2004-05-11

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-09-30	2015-09-30	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-24 255	2 621	579 981	1 860 147	1 364 946

Balance Sheet
Cash Bank In Hand	244	633	671 732	1 627 946	1 194 714
Cash Bank On Hand						2 186 533	1 193 399	763 471	260 471	679 483	702 467	414 658
Current Assets	437	36 633	926 962	2 025 747	1 969 028	2 570 133	1 282 907	885 003	383 914	1 382 018	1 107 261	1 276 861
Debtors	193	36 000	255 230	397 801	774 314	383 600	89 508	121 532	123 443	702 535	404 794	862 203
Intangible Fixed Assets	5 000	5 000	5 000	5 000	4 000
Net Assets Liabilities						2 583 352	1 741 942	1 352 747
Net Assets Liabilities Including Pension Asset Liability	-24 255	2 621	579 981	1 860 147	1 364 946
Other Debtors							23 923	688	15 343	30	292 029
Property Plant Equipment						62 915	59 022
Tangible Fixed Assets			41 781	31 336	26 860

Capital & Reserves
Called Up Share Capital	1 000	1 000	1 000	1 000	1 000
Profit Loss Account Reserve	-25 255	1 621	578 981	1 859 147	1 363 946
Shareholder Funds	-24 255	2 621	579 981	1 860 147	1 364 946

Other Financial Data
Dividend Recommended By Directors							600 000
Accrued Liabilities						8 820	11 853	7 200	5 760	9 125	7 200	8 400
Accumulated Amortisation Impairment Intangible Assets						2 000	3 000	4 000	5 000	5 000	43 525	106 165
Accumulated Depreciation Impairment Property Plant Equipment						37 874	55 267
Additional Provisions Increase From New Provisions Recognised								-12 583
Administrative Expenses						-23 486	21 957
Amortisation Expense Intangible Assets						1 000	1 000
Average Number Employees During Period							4
Corporation Tax Payable						21 254
Cost Sales						519 471	948 228
Creditors						40 113	62 740	56 925	54 474	10 721	7 463	160 967
Creditors Due After One Year	10 000	10 000	10 000		5 495
Creditors Due Within One Year	19 692	29 012	383 762	201 936	629 447
Current Tax For Period						171 255
Depreciation Expense Property Plant Equipment						16 984	17 393
Disposals Decrease In Depreciation Impairment Property Plant Equipment								64 078
Disposals Property Plant Equipment								114 289
Dividends Paid							600 000				400 000
Fixed Assets			46 781	36 336	30 860	65 915	534 358	524 669	491 656	296 111	288 108	225 468
Gross Profit Loss						1 181 441	-292 557
Increase From Amortisation Charge For Year Intangible Assets							1 000	1 000	1 000		38 525	62 640
Increase From Depreciation Charge For Year Property Plant Equipment							17 393	8 811
Intangible Assets						3 000	2 000	4 356	3 356	3 356	273 033	210 393
Intangible Assets Gross Cost						5 000	5 000	8 356	8 356	8 356	316 558
Intangible Fixed Assets Aggregate Amortisation Impairment					1 000
Intangible Fixed Assets Amortisation Charged In Period					1 000
Intangible Fixed Assets Cost Or Valuation			5 000	5 000
Interest Payable Similar Charges Finance Costs						1 124
Investments Fixed Assets							473 336	520 313	488 300	292 755	15 075	15 075
Net Current Assets Liabilities	-19 255	7 621	543 200	1 823 811	1 339 581	2 530 020	1 220 167	828 078	329 440	1 371 297	1 099 798	1 115 894
Number Shares Allotted		1 000	1 000	1 000	1 000
Operating Profit Loss						1 223 473	-250 589
Other Creditors							30 000	24 484	16 038	1 589	263	566
Other Deferred Tax Expense Credit						12 583
Other Investments Other Than Loans							473 336	520 313	-32 013	15 075	15 075	15 075
Other Operating Income Format1						18 546	63 925
Par Value Share				1	1
Profit Loss						1 218 406	-241 410	-389 195	-531 651	846 312	120 498	-46 544
Profit Loss On Ordinary Activities Before Tax						1 222 349	-248 006
Property Plant Equipment Gross Cost						100 789	114 289
Provisions						12 583	12 583
Provisions For Liabilities Balance Sheet Subtotal						12 583	12 583
Recoverable Value-added Tax						2 570	2 566	339		307 967	105	15 700
Share Capital Allotted Called Up Paid	1 000	1 000	1 000	1 000	1 000
Tangible Fixed Assets Cost Or Valuation			47 750	47 750
Tangible Fixed Assets Depreciation			5 969	16 414	20 890
Tangible Fixed Assets Depreciation Charged In Period				10 445	4 476
Tax Tax Credit On Profit Or Loss On Ordinary Activities						3 943	-6 596
Total Additions Including From Business Combinations Intangible Assets								3 356			308 202
Total Additions Including From Business Combinations Property Plant Equipment							13 500
Total Assets Less Current Liabilities	-14 255	12 621	589 981	1 860 147	1 370 441	2 595 935	1 754 525	1 352 747	821 096	1 667 408	1 387 906	1 341 362
Total Current Tax Expense Credit						-8 640	-6 596
Trade Creditors Trade Payables						2 942	15 392	12 966	17 450	7		152 001
Trade Debtors Trade Receivables						381 030	63 019	12 405		3 578	52 560	592 653
Turnover Revenue						1 700 912	655 671
Amounts Owed By Group Undertakings								60 100	60 100	60 100	60 100	28 850
Amounts Owed To Group Undertakings								8 200	15 166
Corporation Tax Recoverable								48 000	48 000	48 000
Net Assets Liabilities Subsidiaries									5 055	8 107
Percentage Class Share Held In Subsidiary										25
Prepayments										282 860		225 000
Profit Loss Subsidiaries									-6 055	-3 052
Bank Borrowings	10 000	10 000	10 000
Value Shares Allotted		1	1