Block Solutions Limited in London, N1 7LB

Description

Data updated on: 01-11-2023

Block Solutions came into being in 2005 as a company enlisted under no 05461477, located at N1 7LB London at 14a - 14B Shepherdess Walk. The company has been in business for 19 years and its current status is active. Registered as Transcend Consultants, the company used the business name until 2006-01-23, when it was replaced by Block Solutions Limited. This business's Standard Industrial Classification Code is 62090 meaning Other information technology service activities. The firm's latest filed accounts documents describe the period up to 2022-06-30 and the latest confirmation statement was filed on 2023-05-24.

With two recruitment advert since Mon, 20th Jul 2015, Block Solutions has been relatively active on the job market. On Thu, 12th Jan 2017, it started searching for new employees for a Internal Account Manager post in North London, and on Mon, 20th Jul 2015, for the vacant post of a Front of House/Executive & HR Administrator in North London.

Concerning the business, the full extent of director's responsibilities have so far been met by Marc C. who was assigned to lead the company in 2006. The business had been led by Dominic E. up until 2 years ago. What is more a different director, including Ian S. quit in November 2018.

Previous company's names
Block Solutions Limited 2006-01-23
Transcend Consultants Limited 2005-05-24

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-06-30	2022-06-30
Currency

Balance Sheet
Cash Bank On Hand	9 828 819	2 582 528
Current Assets	37 003 997	28 681 720
Debtors	25 967 770	25 767 077
Net Assets Liabilities	12 078 418	11 638 691
Other Debtors	89 307	85 138
Property Plant Equipment	428 213	428 258
Total Inventories	1 207 408	332 115

Other Financial Data
Audit Fees Expenses	34 477	33 968
Director Remuneration	195 455	148 493
Accrued Liabilities Deferred Income	5 899 572	6 763 643
Accumulated Depreciation Impairment Property Plant Equipment	2 182 295	807 011
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		-151 384
Administrative Expenses	10 474 071	10 559 486
Amounts Owed By Group Undertakings	7 289 446	8 395 123
Applicable Tax Rate	19	19
Average Number Employees During Period	97	106
Cash Cash Equivalents Cash Flow Value	9 828 819
Corporation Tax Payable	565 143	128 161
Corporation Tax Recoverable	874 010	1 163 424
Cost Sales	23 368 311	16 166 906
Creditors	5 899 572	6 763 643
Current Tax For Period	660 584	-192 342
Deferred Tax Asset Debtors		112 377
Depreciation Amortisation Expense	119 379	136 532
Depreciation Expense Property Plant Equipment	119 379	136 532
Disposals Decrease In Depreciation Impairment Property Plant Equipment		1 511 816
Disposals Property Plant Equipment		1 513 175
Dividends Paid	201 996
Dividends Paid Classified As Financing Activities	-201 996
Dividends Paid On Shares Interim	201 996
Further Item Cash Flow From Used In Operating Activities Component Total Net Cash Flows From Used In Operating Activities	140 905
Further Item Interest Expense Component Total Interest Expense	3 271
Further Operating Expense Item Component Total Operating Expenses	324 532	-4 399
Future Minimum Lease Payments Under Non-cancellable Operating Leases	143 352	346 800
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-73 652	-170 778
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-3 698 730	-7 406 516
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	5 061 562	2 087 898
Gain Loss On Disposal Assets Income Statement Subtotal		-1 160
Gain Loss On Disposals Property Plant Equipment		-1 160
Gross Profit Loss	15 340 019	9 704 932
Income Taxes Paid Refund Classified As Operating Activities	-1 964 090	-534 054
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	2 625 952	-7 246 291
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	-245 461	-875 293
Increase From Depreciation Charge For Year Property Plant Equipment		136 532
Interest Paid Classified As Operating Activities	-3 271
Interest Payable Similar Charges Finance Costs	3 271
Merchandise	1 207 408	332 115
Net Cash Flows From Used In Financing Activities	1 125 149	379 737
Net Cash Flows From Used In Investing Activities	1 016 063	1 172 313
Net Cash Flows From Used In Operating Activities	-4 767 164	5 694 241
Net Cash Generated From Operations	-6 593 620	5 160 187
Net Current Assets Liabilities	17 588 784	17 974 076
Net Interest Received Paid Classified As Investing Activities	-62 376	-71 101
Number Shares Issued Fully Paid		724
Operating Profit Loss	4 865 948	-854 554
Other Creditors	47 286	51 404
Other Deferred Tax Expense Credit	-2 636	-151 384
Other Interest Receivable Similar Income Finance Income	62 376	71 101
Other Taxation Social Security Payable	225 501	261 097
Par Value Share		1
Pension Other Post-employment Benefit Costs Other Pension Costs	288 245	322 941
Prepayments Accrued Income	3 446 904	1 194 576
Proceeds From Sales Property Plant Equipment		-199
Profit Loss	4 267 105	-439 727
Profit Loss On Ordinary Activities Before Tax	4 925 053	-783 453
Property Plant Equipment Gross Cost	2 610 508	1 235 269
Provisions	39 007	-112 377
Provisions For Liabilities Balance Sheet Subtotal	39 007
Purchase Other Long-term Assets Classified As Investing Activities	1 016 883	1 105 677
Purchase Property Plant Equipment	-61 556	-137 936
Social Security Costs	785 987	858 311
Staff Costs Employee Benefits Expense	8 042 338	8 349 017
Tax Expense Credit Applicable Tax Rate	935 760	-148 856
Tax Increase Decrease From Effect Capital Allowances Depreciation	-1	-2 903
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	162	375
Tax Tax Credit On Profit Or Loss On Ordinary Activities	657 948	-343 726
Total Additions Including From Business Combinations Property Plant Equipment		137 936
Total Assets Less Current Liabilities	18 016 997	18 402 334
Total Operating Lease Payments	154 383	219 232
Trade Creditors Trade Payables	3 779 873	1 747 934
Trade Debtors Trade Receivables	3 971 719	6 251 654
Turnover Revenue	38 708 330	25 871 838
Wages Salaries	6 968 106	7 167 765