Cornerstone Business Solutions Limited in Stockton-on-tees, TS18 3TS

Description

Data updated on: 01-11-2023

Cornerstone Business Solutions Limited, a Private Limited Company, located in Cornerstone House 31 Falcon Court, Preston Farm Industrial Estate in Stockton-on-tees. It's located in TS18 3TS. The firm has been registered on 15th January 2008. Its registration number is 06473527. The firm currently known as Cornerstone Business Solutions Limited was known as Jackco 142 until 27th June 2008 when the name was changed. The enterprise's registered with SIC code 62020 meaning Information technology consultancy activities. Thursday 31st March 2022 is the last time when account status updates were reported.

The company owes its success and constant improvement to a group of four directors, who are Christopher B., John S., Christopher C. and Christopher P., who have been in it since 1st March 2019. What is more, the director's tasks are regularly backed by a secretary - Christopher C., who was officially appointed by the company on 31st July 2008.

Previous company's names
Cornerstone Business Solutions Limited 2008-06-27
Jackco 142 Limited 2008-01-15

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-02-28	2012-02-29	2013-02-28	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-66 137	-59 068	-35 655	-47 673	-24 922	-15 859

Balance Sheet
Cash Bank In Hand	23	492	2 696	2	52 299	30 372
Cash Bank On Hand						30 372	100 687	126 284	188 431
Current Assets	67 132	104 885	150 935	180 744	285 795	314 664	322 999	524 146	516 859
Debtors	58 224	95 893	144 239	172 779	223 687	271 458	216 318	390 752	320 106
Net Assets Liabilities						-15 859	-7 564	47 499	69 022
Net Assets Liabilities Including Pension Asset Liability	-66 137	-59 068	-35 655	-47 673	-24 922	-15 859
Other Debtors						47 671	49 309	81 105	95 158
Property Plant Equipment						15 441	14 949	12 861	12 383
Stocks Inventory	8 885	8 500	4 000	7 963	9 809	12 834
Tangible Fixed Assets	7 636	14 230	14 750	17 334	18 587	15 441
Total Inventories						12 834	5 994	7 110	8 322

Capital & Reserves
Called Up Share Capital	198	198	198	198	198	350
Profit Loss Account Reserve	-66 235	-59 166	-35 753	-47 771	-25 020	-16 109
Shareholder Funds	-66 137	-59 068	-35 655	-47 673	-24 922	-15 859

Other Financial Data
Instalment Debts Falling Due After5 Years	14 784	17 837
Amount Specific Advance Or Credit Directors					264	264	396	368	368
Amount Specific Advance Or Credit Made In Period Directors							132	132	3 555
Amount Specific Advance Or Credit Repaid In Period Directors								368	3 555
Accumulated Depreciation Impairment Property Plant Equipment						29 165	32 956	37 601	42 001
Administrative Expenses		374 025	405 087
Average Number Employees During Period						17	22	21	24
Bank Borrowings		10 252	10 658
Bank Borrowings Overdrafts		25 793	3 553			16 306	12 258	6 285	1 755
Capital Redemption Reserve		-100	-100	-100	-100	-100
Corporation Tax Due Within One Year			6 543
Cost Sales		211 865	285 682
Creditors						16 306	12 258	6 285	1 755
Creditors Due After One Year		36 116	30 595	23 721	20 209	16 306
Creditors Due Within One Year		139 221	167 795	218 563	305 378	326 570
Debtors Due Within One Year		95 893	144 239
Deferred Tax Liability		2 846	2 950
Depreciation Tangible Fixed Assets Expense		4 253	3 806
Disposals Decrease In Depreciation Impairment Property Plant Equipment							1 337
Disposals Property Plant Equipment							1 616
Gross Profit Loss		384 929	438 192
Increase From Depreciation Charge For Year Property Plant Equipment							5 128	4 645	4 400
Interest Payable Similar Charges		2 516	3 045
Net Current Assets Liabilities	-38 214	-34 336	-16 860	-37 819	-19 583	-11 906	-7 265	43 367	60 747
Number Shares Allotted			98	98	98	350
Obligations Under Finance Lease Hire Purchase Contracts After One Year		4 610	2 775
Obligations Under Finance Lease Hire Purchase Contracts Within One Year		1 450	1 835
Operating Profit Loss		10 904	33 105
Other Creditors						134 002	165 983	218 420	214 649
Other Creditors Due Within One Year		2 104	2 943
Other Taxation Social Security Payable						51 873	61 655	79 389	87 589
Other Taxation Social Security Within One Year		7 047	13 934
Par Value Share			1	1	1	1
Profit Loss For Period		7 069	23 413
Profit Loss On Ordinary Activities Before Tax		8 388	30 060
Property Plant Equipment Gross Cost						44 606	47 905	50 462	54 384
Provisions Charged Credited To Profit Loss Account During Period			104
Provisions For Liabilities Balance Sheet Subtotal						3 088	2 990	2 444	2 353
Provisions For Liabilities Charges	1 527	2 846	2 950	3 467	3 717	3 088
Share Capital Allotted Called Up Paid		98	98	98	98	350
Tangible Fixed Assets Additions		10 847	4 326	7 853	7 001	2 808
Tangible Fixed Assets Cost Or Valuation	11 771	22 618	26 944	34 797	41 798	44 606
Tangible Fixed Assets Depreciation	4 135	8 388	12 194	17 463	23 211	29 165
Tangible Fixed Assets Depreciation Charged In Period			3 806	5 269	5 748	5 954
Tax On Profit Or Loss On Ordinary Activities		1 319	6 647
Total Additions Including From Business Combinations Property Plant Equipment							4 915	2 557	3 922
Total Assets Less Current Liabilities	-30 578	-20 106	-2 110	-20 485	-996	3 535	7 684	56 228	73 130
Total Reserves		-59 266	-35 853
Trade Creditors Trade Payables						136 953	98 731	178 173	149 077
Trade Creditors Within One Year		34 482	61 862
Trade Debtors Trade Receivables						223 787	167 009	309 647	224 948
Turnover Gross Operating Revenue		596 794	723 874
U K Current Corporation Tax			6 543
U K Deferred Tax		1 319	104
V A T Due Total Creditors		15 592	18 385
Advances Credits Directors				132	132	132
Advances Credits Made In Period Directors				132
Director Remuneration Benefits Excluding Payments To Third Parties		111 899	112 504
Creditors Due After One Year Total Noncurrent Liabilities	34 032	36 116
Creditors Due Within One Year Total Current Liabilities	105 346	139 221
Fixed Assets	7 636	14 230
Other Aggregate Reserves	-100	-100
Tangible Fixed Assets Depreciation Charge For Period		4 253