Commercial It Services Ltd in Cheltenham, GL53 0DL

Description

Data updated on: 01-11-2023

This Commercial It Services Ltd company has been operating in this business for thirteen years, having launched in 2011. Registered with number 07482128, Commercial It Services is a Private Limited Company located in Commercial House Old Station Drive, Cheltenham GL53 0DL. 13 years ago the firm switched its registered name from Commercial 4 It to Commercial It Services Ltd. This firm's declared SIC number is 62090 and their NACE code stands for Other information technology service activities. The firm's most recent filed accounts documents were submitted for the period up to 2022-06-30 and the most recent annual confirmation statement was submitted on 2023-01-05.

We have identified 2 councils and public departments cooperating with the company. The biggest counter party of them all is the Stroud District Council, with over 32 transactions from worth at least 500 pounds each, amounting to £176,022 in total. The company also worked with the Devon County Council (1 transaction worth £943 in total). Commercial It Services was the service provided to the Stroud District Council Council covering the following areas: Hardware, Software and Acquisition Of Computer Equipment was also the service provided to the Devon County Council Council covering the following areas: Printing & Design.

From the data we have, this particular firm was formed in January 2011 and has so far been managed by six directors, out of whom three (Simone H., Alastair A. and Arthur H.) are still listed as current directors.

Previous company's names
Commercial It Services Ltd 2011-06-20
Commercial 4 It Limited 2011-01-05

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-01-31	2018-01-31	2019-01-31	2020-01-31	2021-06-30	2022-06-30	2023-06-30
Currency

Balance Sheet
Cash Bank On Hand	100 980	1 264 711	37 145	354 418	674 183	657 239	570 777
Current Assets	3 048 054	4 891 373	4 226 169	4 790 279	6 318 345	5 688 477	5 382 939
Debtors	2 462 384	3 195 394	3 832 419	4 122 273	5 116 564	3 723 607	3 441 709
Net Assets Liabilities	1 376 737	2 450 955	2 623 238	3 124 694	2 017 835	1 949 144	1 999 181
Other Debtors	3 340		17 979		26 441
Property Plant Equipment	128 308	290 932	213 354	156 969	98 480	87 687	122 443
Total Inventories	484 690	431 268	356 605	313 588	527 598	1 307 631	1 370 453

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets	96 918	133 256	168 958	192 215	230 640	230 115	143 158
Accumulated Depreciation Impairment Property Plant Equipment	427 494	507 328	614 762	746 014	823 271	793 133	619 471
Additions Other Than Through Business Combinations Intangible Assets		27 070	16 350		30 000		34 630
Additions Other Than Through Business Combinations Property Plant Equipment		269 717	62 562	99 745	72 044	57 452	90 167
Administration Support Average Number Employees	3	4	4	4	7	21	25
Administrative Expenses	6 302 234	6 334 132	7 468 122	7 522 276	9 966 274	7 866 959	9 246 735
Amortisation Expense Intangible Assets					38 425	7 925	7 079
Amounts Owed By Related Parties		377 194	1 260 488	1 576 196	3 081 156
Amounts Owed To Related Parties					2 500 000	1 122 000	1 503 796
Applicable Tax Rate	20	19	19	19	19	19	21
Average Number Employees During Period	91	104	113	114	117	127	134
Bank Overdrafts			242 511
Comprehensive Income Expense					1 393 141
Corporation Tax Payable						32 070	51 132
Cost Sales	8 683 269	9 453 352	8 679 732	8 153 678	10 407 037	9 158 566	10 160 479
Creditors	1 899 906	2 822 363	1 887 946	1 859 785	4 427 796	3 847 901	3 547 369
Current Tax For Period	104 075	266 741	56 368	116 266	294 511	63 663	51 364
Deferred Tax Asset Debtors					26 536	15 732
Deferred Tax Assets	8 369	5 178	5 178	5 178	26 536	15 732
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws	1 690	1 891	-5 339	-463	-7 903	-6 279	3 326
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-12 121	-6 810	-8 377	876	-3 856	1 117	22 996
Deferred Tax Liabilities							7 264
Depreciation Expense Property Plant Equipment	127 757	143 431	175 842	171 343	130 474	65 073	55 411
Disposals Decrease In Amortisation Impairment Intangible Assets				-11 173		-8 450	-94 036
Disposals Decrease In Depreciation Impairment Property Plant Equipment		-27 259	-32 706	-5 661	-53 217	-95 211	-229 073
Disposals Intangible Assets				-11 173		-8 450	-94 036
Disposals Property Plant Equipment		-27 259	-32 706	-24 878	-53 276	-98 383	-229 073
Distribution Average Number Employees	5	4	7	5	2	1	1
Dividends Paid					-2 500 000	-360 000	-215 000
Fixed Assets	228 589	381 945	285 015	194 200	127 286	108 568	170 875
Further Revenue Item Component Total Revenue					13 285 781	9 942 801	10 952 074
Gain Loss On Disposals Property Plant Equipment	-3 229			-203	-59
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss						-1 157	-7 700
Government Grant Income					377 014
Gross Profit Loss	6 758 017	7 688 101	7 708 096	8 157 066	11 154 642	8 241 193	9 629 795
Income From Leasing Plant Equipment					8 275 898	7 456 958	8 838 200
Increase Decrease In Current Tax From Adjustment For Prior Periods	-4 714	6 296			-129 043	-5 152
Increase Decrease In Current Tax From Unrecognised Timing Difference From Prior Period					-129 043	4 535
Increase From Amortisation Charge For Year Intangible Assets		36 338	35 702	34 430	38 425	7 925	7 079
Increase From Depreciation Charge For Year Property Plant Equipment		107 093	140 140	136 913	130 474	65 073	55 411
Intangible Assets	100 281	91 013	71 661	37 231	28 806	20 881	48 432
Intangible Assets Gross Cost	197 199	224 269	240 619	229 446	259 446	250 996	191 590
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	23	897	752
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	8 271	12 627	18 948	16 192	10 629
Interest Payable Similar Charges Finance Costs	8 294	13 524	19 700	16 192	10 629	13 610	43 663
Net Current Assets Liabilities	1 148 148	2 069 010	2 338 223	2 930 494	1 890 549	1 840 576	1 835 570
Number Shares Issued Fully Paid	1 053	1 053	1 053	1 053	1 053	1 053	1 053
Operating Profit Loss	455 783	1 353 969	239 974	634 790	1 565 382
Other Creditors	158 423	17 008		665	665	665	1 391
Other Departments Average Number Employees	60	68	72	73	90	79	83
Other Interest Receivable Similar Income Finance Income	1 015
Other Inventories					527 598	1 307 631	1 370 453
Other Operating Income Format1					377 014
Other Payables Accrued Expenses	773 150	1 058 283	507 401	773 480	1 011 309	1 109 186	1 039 285
Par Value Share		0	0	0	0	0	0
Pension Costs Defined Contribution Plan	42 031	36 231	70 033	117 384	181 462	158 216	146 384
Prepayments	108 085	246 188	190 632	222 175	182 006	129 366	156 266
Profit Loss	361 264	1 074 218	172 283	501 456	1 393 141	291 309	265 037
Profit Loss On Ordinary Activities Before Tax	448 504	1 340 445	220 274	618 598	1 554 753	360 624	339 397
Property Plant Equipment Gross Cost	555 802	798 260	828 116	902 983	921 751	880 820	741 914
Provisions For Liabilities Balance Sheet Subtotal							7 264
Selling Average Number Employees	23	28	30	32	18	26	25
Social Security Costs	462 572	472 988	539 444	549 653	753 063	578 272	681 220
Staff Costs Employee Benefits Expense	4 328 913	4 313 562	4 887 768	5 251 266	7 356 182	5 784 725	6 746 616
Taxation Social Security Payable	303 695	554 475	313 337	460 744	264 859	474 758	267 643
Tax Expense Credit Applicable Tax Rate	89 701	254 685	41 852	117 534	295 403	68 519	69 576
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	563	3 355	11 478	71	102	2 540	1 458
Tax Increase Decrease From Other Tax Effects Tax Reconciliation					3 053	-6 279
Tax Tax Credit On Profit Or Loss On Ordinary Activities	87 240	266 227	47 991	117 142	161 612	69 315	74 360
Total Assets Less Current Liabilities						1 949 144	2 006 445
Total Deferred Tax Expense Credit	-47 985	-6 810			-3 856	10 804	22 996
Trade Creditors Trade Payables	517 541	1 063 876	548 839	569 333	650 963	1 109 222	684 122
Trade Debtors Trade Receivables	2 342 590	2 556 833	2 339 764	2 301 222	1 800 425	3 578 509	3 285 443
Turnover Revenue	15 441 286	17 141 453	16 387 828	16 310 744	21 561 679	17 399 759	19 790 274
Wages Salaries	3 824 310	3 804 343	4 278 291	4 584 229	6 374 947	5 048 237	5 919 012
Company Contributions To Money Purchase Plans Directors	5 800
Director Remuneration	154 610