Chrysalis Solmotive Limited in Maidstone, ME14 4NJ

Description

Data updated on: 01-11-2023

Started with Reg No. 05182973 twenty years ago, Chrysalis Solmotive Limited is a Private Limited Company. The current mailing address is Corbin Business Park Caring Lane, Bearsted Maidstone. The company known today as Chrysalis Solmotive Limited was known under the name Solmotive Group up till January 11, 2012 when the business name was changed. The company's SIC and NACE codes are 62020 - Information technology consultancy activities. Chrysalis Solmotive Ltd filed its latest accounts for the period up to 2022/10/31. The most recent confirmation statement was filed on 2023/07/19.

On 3rd November 2017, the corporation was looking for a IT Data Support Assistant to fill a post in Stourbridge. They offered a job with wage from £12000.00 to £15000.00 per year.

In the following business, a number of director's tasks have so far been executed by Richard J., Anson M., Kevin R. and 3 other members of the Management Board who might be found within the Company Staff section of our website. Out of these six individuals, David R. has supervised business for the longest time, having become a vital part of company's Management Board on 2021.

Previous company's names
Chrysalis Solmotive Limited 2012-01-11
Solmotive Group Limited 2004-07-19

Financial data based on annual reports

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

Balance Sheet
Cash Bank On Hand	103 900	143 424	192 047	1 330 457
Current Assets	2 494 332	1 355 533	1 308 188	2 518 205
Debtors	2 390 432	1 212 109	1 116 141	1 187 748
Net Assets Liabilities	1 485 971	909 776	1 241 066	1 539 133
Other Debtors	15 480	9 361	5 815	5 575
Property Plant Equipment	185 188	241 871	311 452	308 619

Other Financial Data
Accrued Liabilities Deferred Income	934 766	152 937	82 427	135 073
Accumulated Amortisation Impairment Intangible Assets	254 727	697 036	1 169 524	1 642 002
Accumulated Depreciation Impairment Property Plant Equipment	263 601	212 296	189 676	383 724
Additions Other Than Through Business Combinations Intangible Assets		424 224
Additions Other Than Through Business Combinations Property Plant Equipment		5 378		191 215
Amounts Owed By Group Undertakings	1 288 827	1 139 926	1 002 496	1 162 360
Amounts Owed To Group Undertakings	368 643	277 712	10 915	1
Applicable Tax Rate	19	19
Average Number Employees During Period	23	27	31	35
Bank Borrowings Overdrafts	192 747	228 000	228 000	228 000
Creditors	1 902 733	965 253	491 879	583 269
Decrease From Reversal Impairment Loss Recognised In Profit Or Loss Property Plant Equipment		55 000
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-43 683	-89 518
Deferred Tax Liabilities	89 109	-409
Depreciation Rate Used For Property Plant Equipment		20		25
Dividends Paid On Shares	80 000	500 000
Fixed Assets	1 284 477	1 323 075	920 168	444 857
Increase Decrease In Existing Provisions		-89 518
Increase From Amortisation Charge For Year Intangible Assets		442 309		472 478
Increase From Depreciation Charge For Year Property Plant Equipment		3 695		6 217
Intangible Assets	1 099 288	1 081 203	608 715	136 237
Intangible Assets Gross Cost	1 354 015	1 778 239		1 778 239
Investments	1	1	1	1
Investments Fixed Assets	1	1	1	1
Investments In Group Undertakings	1	1	1	1
Net Current Assets Liabilities	591 599	390 280	816 309	1 934 936
Net Deferred Tax Liability Asset	-105 749	-192 734
Number Shares Issued Fully Paid	750	750
Other Creditors	2 750	21 461	22 560	10 692
Other Taxation Social Security Payable	180 416	107 862	119 168	196 603
Par Value Share		1
Pension Costs Defined Contribution Plan	34 678	38 154	71 017	64 945
Prepayments Accrued Income	26 942	62 027	41 386	48 608
Profit Loss On Ordinary Activities Before Tax	113 999	-165 713
Property Plant Equipment Gross Cost	448 789	454 167	501 128	692 343
Provisions	89 109	-409
Taxation Including Deferred Taxation Balance Sheet Subtotal	89 109	-409	-92 591	-114 338
Tax Expense Credit Applicable Tax Rate	21 945	-31 485
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-88 842	-63 742
Tax Increase Decrease From Effect Different U K Tax Rates On Some Earnings	3 178	4 984
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	17 944	8 013
Tax Increase Decrease From Other Short-term Timing Differences	2 092	3 162
Tax Increase Decrease From Other Tax Effects Tax Reconciliation		-10 450
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-43 683	-89 518
Total Assets Less Current Liabilities	1 876 076	1 713 355	1 736 477	2 379 793
Trade Creditors Trade Payables	223 411	177 281	28 809	12 900
Trade Debtors Trade Receivables	1 059 183	795	66 444	-28 795