Cipher-it Limited in Coventry, CV1 2EL

Description

Data updated on: 01-11-2023

Cipher-it came into being in 2000 as a company enlisted under no 04097631, located at CV1 2EL Coventry at 5 The Quadrant. This firm has been in business for twenty four years and its official status is active. The enterprise's declared SIC number is 62090 and has the NACE code: Other information technology service activities. Cipher-it Ltd released its account information for the financial period up to Sat, 31st Dec 2022. The latest confirmation statement was filed on Wed, 26th Oct 2022.

Given the following enterprise's growing number of employees, it was unavoidable to formally appoint further executives: Heather D. and Simon D. who have been supporting each other since 22nd August 2002 to exercise independent judgement of this specific company.

Executives with significant control over the firm are: Simon D. owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights. Heather D. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	1 275	3 145	1 169	8 421	864

Balance Sheet
Cash Bank On Hand					7 027	237	1	173	370	749	345	368
Current Assets	48 117	52 785	56 561	68 092	83 398	93 868	121 118	123 426	142 689	145 533	164 982	206 137
Debtors	42 647	49 235	53 411	63 077	70 771	93 631	105 867	101 502	122 319	124 784	144 637	175 769
Net Assets Liabilities					864	2 519	1 276	223	248	227	220	261
Other Debtors					47 717	71 935	86 080	74 778	83 858	89 918	113 031	122 314
Property Plant Equipment					7 770	5 773	7 344	5 783	13 011	18 439	21 679	17 782
Total Inventories					5 600		15 250	21 751	20 000	20 000	20 000	30 000
Cash Bank In Hand	2 005			1 845	7 027
Net Assets Liabilities Including Pension Asset Liability	1 275	3 145	1 169	8 421	864
Stocks Inventory	3 465	3 550	3 150	3 170	5 600
Tangible Fixed Assets	11 585	7 423	9 009	5 345	7 770

Capital & Reserves
Called Up Share Capital	200	200	200	200	200
Profit Loss Account Reserve	1 075	2 945	969	8 221	664
Shareholder Funds	1 275	3 145	1 169	8 421	864

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment					42 780	45 069	42 022	46 040	51 900	60 915	72 116	83 219
Additions Other Than Through Business Combinations Property Plant Equipment						292		2 457	13 088	14 443	14 441
Amounts Owed To Other Related Parties Other Than Directors					2 768	6 842			4 085	318	6 554
Average Number Employees During Period					8	8	9	9	9	10	11	10
Bank Borrowings Overdrafts					17 359	16 857	17 541	13 261	12 865	3 068	46 153	26 878
Corporation Tax Payable					15 467	11 262	11 812	19 955	22 417	22 584	20 260
Creditors					45 222	71 157	79 824	93 717	117 617	97 247	46 153	26 878
Depreciation Rate Used For Property Plant Equipment						25		25	25	25	25
Disposals Decrease In Depreciation Impairment Property Plant Equipment							6 568
Disposals Property Plant Equipment							8 083
Fixed Assets						5 773	7 344
Increase From Depreciation Charge For Year Property Plant Equipment						2 289	3 521	4 018	5 860	9 015	11 201	11 103
Interest Similar Expense Payable										1 393	5 283
Net Current Assets Liabilities	5 492	10 433	6 735	22 908	33 038	21 244	41 294	29 709	25 072	48 286	24 694	9 357
Other Creditors					-4 093	4 576	8 164	2 543	4 244	3 113	14 950	14 731
Other Remaining Borrowings							4 828	3 908	4 085
Other Taxation Social Security Payable					3 054	14 493	18 241	28 642	31 046	42 210	65 499	87 390
Property Plant Equipment Gross Cost					50 550	50 842	49 366	51 823	64 911	79 354	93 795	101 001
Total Additions Including From Business Combinations Property Plant Equipment							6 607					7 206
Total Assets Less Current Liabilities	17 077	17 856	15 744	28 253	40 808	27 017	48 638	35 492	38 083	66 725	46 373	27 139
Total Borrowings							5 662	3 908
Trade Creditors Trade Payables					10 667	13 217	13 576	20 580	36 190	24 561	33 838	66 119
Trade Debtors Trade Receivables					17 916	21 696	19 787	26 724	38 461	34 866	31 606	53 455
Advances Credits Directors	28 404	24 378	32 745	36 084	36 241	54 296	62 608	51 791	58 582	63 177	82 522
Advances Credits Made In Period Directors			8 367	36 084	601		42 782	29 318	48 933	61 755	84 283
Advances Credits Repaid In Period Directors	6 696	4 026		32 745	34 058		34 471	40 135	42 141	57 160	64 938
Amount Specific Advance Or Credit Directors						54 296	10 000			9 760	9 840	9 484
Amount Specific Advance Or Credit Made In Period Directors							10 000				45 859	55 316
Amount Specific Advance Or Credit Repaid In Period Directors							34 471				45 779	55 672
Creditors Due After One Year	14 348	13 944	14 575	19 832	39 944
Creditors Due Within One Year	42 625	42 352	49 826	45 184	50 360
Number Shares Allotted		100	100	100	100
Par Value Share		1	1	1	1
Provisions For Liabilities Charges	1 454	767
Share Capital Allotted Called Up Paid	100	100	100	100	100
Tangible Fixed Assets Additions		1 566	8 633	2 826	4 006
Tangible Fixed Assets Cost Or Valuation	33 520	35 085	43 718	46 544	50 550
Tangible Fixed Assets Depreciation	21 935	27 663	34 709	41 199	42 780
Tangible Fixed Assets Depreciation Charged In Period		5 728	7 047	6 490	1 581