Fabric It Ltd in Godalming, GU7 2QN

Description

Data updated on: 01-11-2023

1992 is the date that marks the launching of Fabric It Ltd, a firm which is located at The Wharf Abbey Mill Business Park, Lower Eashing in Godalming. This means it's been 32 years Fabric It has been in the UK, as it was established on 16th October 1992. The registration number is 02756572 and the zip code is GU7 2QN. The name of the company was changed in the year 2020 to Fabric It Ltd. This enterprise previous business name was Delta Comtech. This firm's declared SIC number is 62020 - Information technology consultancy activities. Fabric It Limited reported its latest accounts for the period that ended on Friday 31st December 2021. The company's most recent annual confirmation statement was filed on Monday 16th October 2023.

From the information we have gathered, the following business was started 32 years ago and has been supervised by twelve directors, and out this collection of individuals three (Andrew A., Richard B. and Roger H.) are still participating in the company's duties.

Previous company's names
Fabric It Ltd 2020-07-17
Delta Comtech Limited 1992-10-16

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-02-28	2019-02-28	2020-02-29	2021-02-28	2021-10-31
Currency

Balance Sheet
Cash Bank On Hand	102 171	43 743	192 439	175 088	228 336
Current Assets	303 249	436 051	469 344	624 012	976 753
Debtors	194 169	384 222	266 293	440 909	741 694
Net Assets Liabilities	164 892	193 585	210 468	342 210	613 313
Other Debtors	32 749	15 925	19 773	5 207	195 145
Property Plant Equipment	19 169	17 258	17 969	12 818	10 639
Total Inventories	6 909	8 086	10 612	8 015	6 723

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets				7 000	11 667
Accumulated Depreciation Impairment Property Plant Equipment	95 997	108 784	119 763	43 358	48 569
Additions Other Than Through Business Combinations Intangible Assets				45 000
Additions Other Than Through Business Combinations Property Plant Equipment				5 674	3 032
Administrative Expenses	679 750	909 805	1 101 862
Average Number Employees During Period	18	26	25	25	24
Corporation Tax Payable	31 594	48 828	38 121	63 343	55 353
Cost Sales	445 243	704 845	916 814
Creditors	157 526	259 724	276 845	332 255	405 134
Depreciation Expense Property Plant Equipment	25 439	12 787	10 979
Depreciation Rate Used For Property Plant Equipment		25	25	25	25
Disposals Decrease In Depreciation Impairment Property Plant Equipment				87 230
Disposals Property Plant Equipment				87 230
Fixed Assets	19 169	17 258	17 969	50 818	43 972
Future Minimum Lease Payments Under Non-cancellable Operating Leases			130 829	125 222	97 315
Gross Profit Loss	835 092	1 164 845	1 303 028
Increase From Amortisation Charge For Year Intangible Assets				7 000	4 667
Increase From Depreciation Charge For Year Property Plant Equipment		12 787	10 979	10 825	5 211
Intangible Assets				38 000	33 333
Intangible Assets Gross Cost				45 000	45 000
Net Current Assets Liabilities	145 723	176 327	192 499	291 757	571 619
Operating Profit Loss	155 342	255 040	201 166
Other Creditors	9 480	33 522	55 962	57 043	103 410
Other Interest Receivable Similar Income Finance Income	109	271	376
Other Taxation Social Security Payable	52 139	76 161	84 185	98 522	95 968
Profit Loss	123 857	213 655	163 421
Profit Loss On Ordinary Activities Before Tax	155 451	255 311	201 542
Property Plant Equipment Gross Cost	115 166	126 042	137 732	56 176	59 208
Provisions For Liabilities Balance Sheet Subtotal				365	2 278
Tax Tax Credit On Profit Or Loss On Ordinary Activities	31 594	41 656	38 121
Total Additions Including From Business Combinations Property Plant Equipment			11 690
Total Assets Less Current Liabilities	164 892	193 585	210 468	342 575	615 591
Trade Creditors Trade Payables	64 313	101 213	98 577	113 347	150 403
Trade Debtors Trade Receivables	161 420	368 297	246 520	435 702	546 549
Turnover Revenue	1 280 335	1 869 690	2 219 842