Cortec It Solutions Limited in Wilmington, DA2 7ER

Description

Data updated on: 01-11-2023

Cortec It Solutions Limited has been prospering on the British market for 21 years. Registered with number 04715152 in the year 2003, the company is based at Unit 17 Bybow Farm, Wilmington DA2 7ER. The company's name is Cortec It Solutions Limited. This business's previous customers may remember this firm as Milestone Computers, which was used up till 2007-10-05. This business's declared SIC number is 62090, that means Other information technology service activities. Cortec It Solutions Ltd filed its account information for the financial period up to 2022-03-31. The company's most recent confirmation statement was filed on 2023-03-20.

The knowledge we have about this particular enterprise's MDs shows us there are five directors: Daniel C., Nicky H., Iain A. and 2 others listed below who assumed their respective positions on 2013-09-02, 2013-04-06 and 2013-01-18. To provide support to the directors, this particular business has been utilizing the skills of Nicola H. as a secretary since January 2007.

Previous company's names
Cortec It Solutions Limited 2007-10-05
Milestone Computers Limited 2003-03-28

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	18 974	18 806	5 602	54 873	78 483	125 683

Balance Sheet
Cash Bank In Hand	15 255	37 820	37 771	58 925	77 703	104 912
Cash Bank On Hand						104 912	150 105	200 184	247 091	291 406	322 577	418 374	588 914
Current Assets	35 556	73 680	81 482	143 794	148 120	200 902	208 851	260 854	332 325	392 870	411 729	507 035	720 564
Debtors	18 223	31 560	38 536	81 219	68 967	94 562	57 546	59 470	84 234	99 664	87 052	85 661	128 650
Intangible Fixed Assets				17 667	13 667	9 667
Net Assets Liabilities						125 683	127 124	156 288	235 674	305 820	320 240	360 894	564 244
Net Assets Liabilities Including Pension Asset Liability	18 974	18 806		54 873	78 483	125 683
Other Debtors						5 835	2 115	1 875	3 175	1 875	1 875	1 875	1 875
Property Plant Equipment						5 482	4 667	3 466	13 689	34 362	24 155	13 835
Stocks Inventory	2 078	4 300	5 175	3 650	1 450	1 428
Tangible Fixed Assets	0	0	3 462	3 083	7 554	5 482
Total Inventories						1 428	1 200	1 200	1 000	1 800	2 100	3 000	3 000

Capital & Reserves
Called Up Share Capital	2	2	2	200	200	200
Profit Loss Account Reserve	18 972	18 804	5 600	54 451	78 061	125 261
Shareholder Funds	18 974	18 806	5 602	54 873	78 483	125 683

Other Financial Data
Accrued Liabilities						3 950	4 050	4 100	4 200	4 300	4 400	4 500	4 725
Accumulated Amortisation Impairment Intangible Assets						10 333	14 333	18 333	20 000	20 000	20 000	20 000
Accumulated Depreciation Impairment Property Plant Equipment						7 044	9 074	10 275	9 914	12 674	23 589	33 909	43 109
Average Number Employees During Period							17	18	17	17	17	16	16
Corporation Tax Payable						43 703	32 864	39 237	50 950	57 405	46 656	54 052	50 639
Creditors						89 272	91 128	109 040	107 400	117 484	111 055	157 347	160 074
Creditors Due Within One Year		54 872	79 342	109 671	89 347	89 272
Disposals Decrease In Depreciation Impairment Property Plant Equipment									4 628	1 110
Disposals Property Plant Equipment									6 770	1 110
Fixed Assets	0	0	3 462	20 750	21 221	15 149	10 334	5 133	13 689	34 362	24 155	13 835	4 635
Future Minimum Lease Payments Under Non-cancellable Operating Leases							55 900	40 300	15 600	9 100	9 100	19 729	13 119
Increase From Amortisation Charge For Year Intangible Assets							4 000	4 000	1 667
Increase From Depreciation Charge For Year Property Plant Equipment							2 030	1 201	4 267	3 870	10 915	10 320	9 200
Intangible Assets						9 667	5 667	1 667
Intangible Assets Gross Cost						20 000	20 000	20 000	20 000	20 000	20 000	20 000
Intangible Fixed Assets Additions				20 000
Intangible Fixed Assets Aggregate Amortisation Impairment				2 333	6 333	10 333
Intangible Fixed Assets Amortisation Charged In Period				2 333	4 000	4 000
Intangible Fixed Assets Cost Or Valuation				20 000	20 000
Net Current Assets Liabilities	18 974	18 806	2 140	34 123	58 773	111 630	117 723	151 814	224 925	275 386	300 674	349 688	560 490
Number Shares Allotted			1		20	20
Other Creditors								208	341	810	856	609	1 402
Other Taxation Social Security Payable						3 700	3 535	4 257	4 927	5 137	5 419	5 905	8 467
Par Value Share			1		1	1
Prepayments						5 061	3 269	666	817	818	890	1 106	1 793
Property Plant Equipment Gross Cost						12 526	13 741	13 741	23 603	47 036	47 744	24 543
Provisions For Liabilities Balance Sheet Subtotal						1 096	933	659	2 940	3 928	4 589	2 629	881
Provisions For Liabilities Charges					1 511	1 096
Share Capital Allotted Called Up Paid		1	1	20	20	20
Share Premium Account				222	222	222
Tangible Fixed Assets Additions			3 934	464	7 173	248
Tangible Fixed Assets Cost Or Valuation	707	707	4 641	5 105	12 278	12 526
Tangible Fixed Assets Depreciation	707	707	1 179	2 022	4 724	7 044
Tangible Fixed Assets Depreciation Charged In Period			472	843	2 702	2 320
Total Additions Including From Business Combinations Property Plant Equipment							1 215		16 632	24 543	708
Total Assets Less Current Liabilities	18 974	18 806	5 602	54 873	79 994	126 779	128 057	156 947	238 614	309 748	324 829	363 523	565 125
Trade Creditors Trade Payables						367						11 364	23 314
Trade Debtors Trade Receivables						83 666	52 162	56 929	80 242	96 971	84 287	82 680	124 982
Advances Credits Directors			3 551
Advances Credits Made In Period Directors			3 551
Creditors Due Within One Year Total Current Liabilities	16 582	54 874